Bitcoin Predictions for 2014: How the Pundits Fared
If there was one word that could describe bitcoin over the past year, it would be 'unpredictable'. So, with that in mind and armed with 20/20 hindsight at year's end, it's fun to go back and look at all the people who tried to do just that. Whether they prognosticated over the entrails of dead animals or defunct bitcoin exchanges, actual data or emotional investment, the results were - perhaps unsurprisingly - often far off the mark. A large majority of bitcoin fortune-tellers focused on whether the price would go stratospheric or tank, but other more thoughtful commentators looked at....
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These off the mark 2020 Bitcoin price predictions prove that forecasting BTC’s value is as futile as picking lottery numbers. Pundits and crypto analysts love to issue Bitcoin (BTC) price predictions regardless of how volatile the asset class is. In 2017, there were calls for BTC’s price to hit $35,000–$50,000, and of course, a few brave souls predicted that the price would top $1 million before correcting. No one will forget how John McAfee infamously promised to chomp off his genitals if BTC’s price didn’t hit $1 million by 2020. While some of these lofty estimates are based on....
For the last 29 years, Mr. Byron Wien, currently vice chair of Blackstone Group Investment and Advising firm, has released a list of 10 surprise predictions for the coming year. He often includes predictions that he doesn't feel belong in the top 10, but that he still feels the need to flex his ego over and publish them anyways. This year, Bitcoin has finally made the list. Byron Wien describes a “surprise” as an event which would have an occurrence rate that the “average investor” would only assign a probability of 1/3. However, Mr. Wein, as a self-proclaimed “above-average investor,”....
Want to try your hand at making some money on the Brazil World Cup? Check out Bitkup. When I contacted Gus, a person over at Bitkup and asked him why Bitkup was created he said (note due to a language barrier, text may be slightly inaccurate due to translation): Brazilians and Spaniards are passionate about football and technology, so we created Bitkup with the main objective of disseminating Bitcoin enthusiasts and the provide the currency; also, its fun and I wanted to try my luck with predictions for the World Cup Brazil 2014. As more time passes by, Gus says that Bitkup will add other....
The goal of this article is to review Bitcoin’s growth as a whole, and discuss key events that happened in each month, and attempt to predict what we can expect 2015 to be like using 2013 and 2014 as years of comparison. This article will be broken down into months covering January- part of December. Bitcoin’s market will be explained simply rather than thoroughly analyzed. I hope you enjoy this article as we review this action-packed year for Bitcoin and look into what the future might yield. Before jumping into 2014, we will establish some key facts which will be revisited at the....
Coinbase’s chief product officer has shared some predictions for 2022 regarding Ethereum’s scalability, the metaverse, decentralized finance (defi), non-fungible tokens (NFTs), and more. 2022 Predictions by Coinbase’s Executive Coinbase’s chief product officer, Surojit Chatterjee, shared last week 10 predictions of what the crypto industry holds in 2022. The predictions cover a range of crypto topics, including ETH scalability, zero-knowledge proof technology, decentralized finance (defi), non-fungible tokens (NFTs), and the metaverse. Non-fungible tokens....