Bitcoin Archive on X posted a graphic showing various financial firms' predictions for bitcoin's price in 2025:
Note that the average of these predictions (shown at the bottom) is $156,000.
I have been spending more time playing around with Predyx lately and it occurred to me that they have a market for whether or not bitcoin will hit $150,000 in 2025.
It seems that the people on Predyx are slightly more bearish than the big financial institutions.
What do you stackers think?
Bitcoin > $150k in 202553.8%
Bitcoin < $150k in 202546.2%
26 votes \ poll ended
It's easier to take the NO side when we are so far away from 150k. You can always sell off those shares if the market starts ripping. It seems unlikely we would rocket to 150k in a week.
I am but a humble student of your ways.
Haha probably shouldn't be.
institutions predicting BTC price = they just want to pump their bags and manipulate clueless normies, they do not care about bitcoin
plebs predicting BTC price (and even worse betting on predyx) are just shitcoiners that have no idea how powerful is every sat. Just idiots.
https://postimg.cc/zLzChQgb
it's all noise
I mostly agree. But what do you think of this:
Predyx is kind of like SN in that you have to pay to post.
What you post is a bet, yes; but the the bets carry signal because people had to pay for them.
If they were sufficiently bullish, we’d already be passing 150.
I have much to learn.
My prediction for this year was $250k
I still think it makes sense
Consolidation for this long is a good thing. Great foundation. Gonna rip soon, stack and be humble.
I think it will get there. I might change my mind if Uptober doesn't do it's thing.
I'm bullish on proof-of-work. It's the future foundation, in my opinion, of our civilization and a huge part of the new/nascent 'digital economy.'
If you want to do 'proof of work' there is only one game in town as it's the biggest/most ethical/best developed most transparent network: Bitcoin.
Everyone will need it in some form or fashion or need exposure to it through some kind of 'layer.'
Is that 'bullish'?
Their prediction are tied to how much they sink into buying Bitcoin. Pleb just use Bitcoin because of its privacy, censor-resistant and self sovereignty.
People on Predyx don't necessarily trade on the final outcome because they can trade the shares at any point.
If they see the chances of odds falling temporarily, you'll see a weight No shares.