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LINKS FOR ADDITIONAL READING FOR THIS VIDEO & ALL INFO IN TEXT DOWN BELOW

Trace Mayer https://www.tracemayer.net/
Prediction: https://cointelegraph.com/news/ultra-rich-investor-trace-mayer-predicts-bitcoin-price-will-reach-27395-in-just-four-months

Trace Mayer: Bitcoin May Hit ‘Significantly Overvalued’ $115k in 2018

Max Keiser http://www.maxkeiser.com/
Prediction: https://cointelegraph.com/news/predictions-roll-in-as-tom-lee-sets-40-bitcoin-growth-by-mid-2018
https://mikenormaneconomics.blogspot.pt/2018/02/max-keiser-ignore-roubinis-bitcoin.html
http://www.maxkeiser.com/2018/01/3-straightforward-predictions-for-cryptocurrency-in-2018/

http://www.maxkeiser.com/2018/01/3-straightforward-predictions-for-cryptocurrency-in-2018/

Trace Mayer has formal education in Accounting and Law and he studied Austrian economics, he also was a blogger back when Bitcoin was in its infancy and began recommending his audience to invest when it was at $0.25.
I wanted to begin today’s video with Trace’s thoughts as an example of what a **long time** Bitcoin believer sees as a realistic valuation for this year and the years to come. His thoughts on the price of Bitcoin for this year are pretty conservative compared to the others I’ve covered so far.
Back in October 2017, about 2 months before the dramatic run up to it’s new all time highs in mid-December, Trace was predicting Bitcoin’s price to hit $27,000 in February 2018. Citing its 200 moving day average as the reason for this price to be a reasonable valuation.
He gave another prediction in January, 3 months later after seeing the price movements in December and the recoil in January. This time he mentioned that if Wall Street investors wanted to get into Bitcoin, that Mountain of money could catapult Bitcoin’s price to $115,000 this year, which would be quite over valued. Until this happens Trace sees Bitcoin hovering in the $9,000-$14,000 range for the remainder of this year.

Max is a financial analyst and has a show on RT called the Keiser Report with his lovely cohost Stacey Herbert. Frankly I don’t care if this comes off as biased, but I’m a huge fan of their show. It’s either the great banter between the two hosts or the plethora of information they cover in the short amount of time or just the sheer enthusiasm and passion that pretty much oozes out of Max, but I’m a fan and I’m going to recommend that you check it out if you haven’t already.
He does say that he sees the future of Bitcoin hitting the $100,000 mark but doesn’t provide a timeline.
His other predictions for cryptocurrencies in 2018 include:
* Influx of institutional investors- 2017 brought us BTC futures thanks to the CME and CBOE, this could set the stage for ETFs in 2018. Which would lead more institutional investors into Bitcoin and cryptocurrencies in general.
* Increased pressure to tax cryptocurrency gains- the court case between Coinbase and the IRS was a hint that they are interested in knowing who’s invested in what and they type of gains they’ve made that they haven’t been reporting.
* Increased Regulations – Which could lead to big price swings like we saw with every announcement out of China in 2017.

As it turns out, my time spent organizing this series has sent me down one of those rabbit holes so I’m going to end with the Max Keiser today. Although this one might be leaving something to be desired, I’ll be back tomorrow with more insights and some thought provoking dialogue for you all as we explore how Cliff High and his Web Bot makes predictions and also, the infamous bet that John McAfee waged that could end up seeing him turn into a self-inflicting cannibal of sorts.

source

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31 COMMENTS

  3. Bitcoin terrifies Big Banks, because it threatens their centuries-long monopoly over the world. Because Bitcoin makes it possible for ANYONE, who has some brain and knows how to use the technology, to become rich and be part of the money elite. That is what terrifies them, because they DON'T want that. The Big Banks rather want us all to remain poor and in debt for the rest of our lives while they SUCK away everyone's money like BLOOD LEECHES . There is a war between them and us.

    We want to become well off and truly independent. They want to prevent us from becoming well off and independent , the elite want to stay in power so they can do their EVIL deeds , depopulation , vaccines , land control all the EVIL stuff . IT'S TIME FOR THE MIGHTY BITCOIN TO CHANGE THE WORLD FOR THE BETTER.

  5. Hey guys, I'm trying to set up a cryptocurrency startup here in Greece. I really want to help the crypto community grow in Greece because the regulations and laws are very neutral here and there's still room to grow, so it's possible to make it happen! I work with the authorities and they tell me that I can actually do it. But I don't have the funds to keep the company running for more than a couple of months. I would like to ask for your help if it's possible. Any donation no matter how big or small is highly appreciated! Thank you in advance and thank you for your time.
    Bitcoin Address: 33WuSdrbTYA8MLJrEKgX8AzdBW3NNkKxPL
    Ethereum Address: 0x4D1daEB81C123065c4b6c8d9C2f9703dd8b74474
    Litecoin Address: LVCvCLGea8RfWdcZFFPuJWAMf4kovUpFd2
    Ripple Address: r9RemwWhUwEkemsvVhpRFRUUSoSb3NpEZx
    Ark Address: AGF1yiiZhRePupo67ErZX9kfXRPZQedXVb
    Komodo Address: RKUvyy6h8PoQnLXw8LJHySnpZ7CGAehiHe
    Viacoin Address: VxD8jNekq89KA9XhYRvNEbna2XdySduhLT
    Vertcoin Address: VjfS4A1wD11shBtWwt3ywdCAqpvaW2Kz46
    Stellar: GCASY5WM7T4EO3H3NQOHSPBL3GXAR4ACTXA266EDXU5JCG7RQ23OH7EO

  9. Fantastic …people says when google searches peaks bitcoin rises, it is not true, when the bitcoin price rises, then FOMO sets in and google search peaks…the next biggest trigger for bticoin price will be approval of ETF in US…this is exact point of massive trigger happens that will take the bitcoin above the high of year 2017 ….if the ETF gets approved in 2018, then surely….otheriwse it will range bound betweeen 10,000 and 15,000 in year 2018

  14. So many people expecting it to go higher. It will never see $7000 again. It's going to sub $5k. A 90% correction is in the cards as the largest bubble in history has popped. No one will reinflate the largest ponzi in history.

  19. As much as I would love it, It's hard to take serious a $100k prediction. I think we will remain in the 8-12k range for the next several months before breaking into the 12-18 range towards the end of 2018.

  30. Price prediction is hard/impossible (everyone has their own view) so I am instead going on your advice from earlier video and trying to find undervalued projects that have had major drops in price for no other reason than it is a bear market. I think I have found a couple of those like DeepOnion, Enigma and BitCLave. I know you mentioned DeepOnion in a video about Encryption and Tor and with a 90-95% discount from ATH I think this one has a lot of gain potential. The project is staying very active with new wallet and feature releases so I think it is just waiting to turn around. Would love an in-depth video analysis on DeepOnion from you on what you think of it as an invesment opportunity right now?

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