Topic: What can we do to make Bitcoin hit $100k - page 3. (Read 512 times)

Patients is the only way to succeed in this line of field. It's possible the crypto market can be manipulated to arrive at the $100k but just like what happens after gray-scale manipulated the price of Bitcoin by selling off a very huge amount and the drastic dump that followed
 It is also possible to buy a very large amount of bitcoin to influence a massive pump. One true fact about manipulating the market movement is, after you must hav successfully done your part and you influenced a pump or dump, this trend would only last for a while, and the duration depends on the intensity of how well you have triggered a change, that is, how much Bitcoin you bought or sold. But the most important thing is, it doesn't last for long, and the market will get back to its initial position.

When you try to force the price of Bitcoin to a particular price, what you will get is manipulated price and it doesn't last, people tend to sell and dump their coin in such scenario.

What I think we should collectively do so that we should buy as much Bitcoin and hold because you are not only making Bitcoin to be decentralized and more valuable and demanding, you are also preparing for what will comes after if Bitcoin eventually skyrocketed high but this is not a guarantee that Bitcoin will hit 100k but just preparing for that $100k.

If miners really want to push the price of Bitcoin and it's changes from selling pressure to buying from Macd on chart, I don't think there is anything much we could do again but I think they are observing the market while doing simple recovery to disallowed bitcoin from having high selling pressure.

We can't pump or dump BTC for longer period of time, we can't manipulate BTC as I assume you and me and other members of this forum don't have hell lot of BTC to make that happen. So we can't pump price by artificial factors. But we can increase its adoption rate and once adoption increases the the supply demand increase while supply is lesser

Which in return increases the price of BTC. But motivating others to adopt BTC just to make profits for yourselves is a moral thing to do. As we should not take benefit of others as they come you exit they are the one will make lose. Or they have to wait further for booking profit or recovering loss.

In short, we only can spread word about BTC.

I can see that you are very desperate to see the price of Bitcoin hit 100k so you can make huge profits from the market. That would be good move because that is the same thing we are expecting to see in the crypto market. But the time the price of Bitcoin hit 100k, that means altcoins kiem Solana could hit $300 while Ethereum could $5k. The price of many good altcoins will automatically skyrocket increasing the total market capitalization of the cryptocurrency market. All holders want to see something like that so we all need to get prepared for the bull so we can earn more.

Yes!
Keep holding and be patient enough to wait for sometimes, Bitcoin will surely hit $100k during this bull run before another bear market. After this halving, we need to wait patiently for marketers to finish their manipulation, and I think at the end of this year 2024, we will start experiencing a huge increase in Bitcoin price which I am sure will close to $100k before another bear market.

Bitcoin is still on its way to adapting all over the world so there was nothing that we need to do in my opinion, Bitcoin is just gonna continue to adapt on its own anyway, I mean just in the past years we can clearly see how the Bitcoin adapted all over the world, I remember back on 2017 when Bitcoin was just something that we don't really expect to be anything when it skyrockets to even 10k$. Compared to what it is today we can already see that Bitcoin and cryptocurrency have already adapted a lot these days to the point where it is already adapted by a lot of companies, back in the day Bitcoin and cryptocurrency were really hated by banks, and now I can already see digital banks adopting cryptocurrency, here in my country there are digital banks that already integrated cryptocurrency on their platform, you could easily buy and sell cryptocurrency on their platform already which is a huge help on adaptation since all of the bank's users are gonna be able to see or buy cryptocurrency on that platform, so it's a huge promotion already.

There were for sure things that we can still do in order to help its adaptation, the easiest way was on social media, probably just teaching people what is cryptocurrency, Bitcoin, altcoins, etc. its already a huge help for the community. I mean if you're going to create videos that include this information it is surely going to be a huge help for the future of cryptocurrency.

I strongly believe that there is a relationship between bitcoin education, an increase in your adoption of Bitcoin which also leads to an increase in bitcoin's price. This is the role I think I can play in making Bitcoin reach 100k for  example. I could be one of those people that lend their voices to educating the public of Bitcoin through any medium of my choice. I don't expect it to happen soon but over time as the rate of adoption increases.

This thread title is a bit hilarious, Op to my very awareness and knowledge about Bitcoin and the market generally, no individual entity or institution controls the price of Bitcoin, but price is determined by market forces, basically the law of demand and supply, therefore the answer to your query is that there's nothing we can do as regards to moving the price of Bitcoin to reach $100k, But I will encourage you to exercise patient, and Hodl your Bitcoin, One day the price will definitely hit 100k when there a catalyst for the price to move .

OP if it were possible to make everyone individual in the world to start adopting Bitcoin over night, I would be the first one to embark on it but it just can not happen overnight like that. As it is that one would grow up gradually to maturity, that is how Bitcoin is growing up.
Bitcoin price would definitely hit the amount you have stated but I think it is a gradual process and another thing Is that if vendors and businesses all round the world coupled with government to accept and adopt Bitcoin, the price would definitely skyrocket to a higher price than it is now.
Lastly, if it is possible that everyone hudles their Bitcoin, there would be no much Bitcoin in circulation and this would trigger an increase in Bitcoin price which is a great step in fast adoption.

Invite everyone to invest on Bitcoin. This is the only way we can help Bitcoin reach that level since mass adoption is one of the biggest factor that gives a huge push on Bitcoin price since institutional trader presence is already weigh-in on the current price.

If each one of us can invite and reach out to close friends or relatives and manage to convert a new Bitcoin investors, I believe Bitcoin price will even break that price target in the next bull season.  

And at the same. Hodl your Bitcoin until the price reach!

Do what other average Joes are doing. Continue accumulating.

I mean you alone especially if you aren't a whale will have no impact towards the price of Bitcoin when you're buying, but many people doing the same thing will have. Even a whale can have little impact on the price of Bitcoin if they continue buying. Just continue to decrease the supply by just buy and hold. That's the best thing that you can do.

Bitcoin will hit $100,000 anytime soon. Well at least that's what many are expecting, and because of this, many investors will continue to accumulate and hold Bitcoin.

We as individuals can't do much about that, it's something that can only be done if there are masses involved because it's all about the cashflow, the more people invest in Bitcoin, the more success it will get over time. If there are a lot of new investors in the market, the price of Bitcoin will go up automatically, now if you think you can do something to increase the number of investors, that is what might contribute towards it.

To be honest, I believe Bitcoin doesn't need any marketing because it has spread vastly in the world and when something gets so much viral, it doesn't need any more promotion because it keeps spreading itself when people share it with each other and it starts appearing all around.

Invest, Spread awareness to hasten the adoption, etc... the more people adopting Bitcoin and more people investing in Bitcoin the scarcer Bitcoin will be. Increasing the demand for Bitcoin will eventually increase its price.

"To make Bitcoin hit $100k", we can't do anything (if we consider each investor separately) and everyone can only wait. The price increase mechanism is essentially built into bitcoin (halving and 4-year cycle) by halving the mined blocks (reward) and reaching $100k seems like an inevitable event.

In theory, with an increase in capital investment in bitcoin, it could influence the situation on the crypto market and accelerate the price to $100k (pump), but now this seems almost impossible to implement unless you are the owner of billions. And also, if none of the other crypto market participants wants to sell their bitcoins and doesn't neutralize your efforts, or even completely bring the price down.

Let’s continue using it, trading and transacting with it and in some years time, we would see bitcoin above the $100K price. Bitcoin will continue to rise and for any correction it makes, after some time it will exceed the existing price value and rally above the price of previous all time highs. The case might be different going further, but bitcoin will continue to rise but it’s certainly on how it will take to reach those prices is what is unknown to all. Don’t expect it so soon but keep seeing how it grows overtime with the much volume it’s experiencing as time goes on.

Easy @OP.

Current Bitcoin's circulating supply is 19,694K, multiply it by $100K, then subtract with the current Bitcoin's market cap ($1,261M). From that calculation, we get $708B, that's the amount you need to invest in Bitcoin to make Bitcoin hit $100K.

No need to promote and shill anyone because you can do it by yourself.

There is nothing else to do other than what has always been done, keep holding instead of selling the bitcoin that you have in your portfolio.
Do more advertisement about bitcoin so that people will know more about it.
Keep encouraging anyone who is a bitcoin believer and support their project.
Learn to be calm and not be moved when the price of bitcoin is down.
Have an establishment that accepts bitcoin and add a little preferential treatment to people who patronize you with bitcoin.
Keep holding bitcoin and don't be fooled by people who is against bitcoin believers.

Bitcoin does the convincing not me. I refrain from giving investment advice cause that means sharing the responsibility and risking being blamed if it doesn't go as they plan; you'll be surprised how rosy some people think investments go.
I would not want to be getting messages anytime the price drops by 5%.

Anyone with a good social reach, a YouTube channel etc, can use that platform to educate people, that way you're not directly convincing anyone to invest but you're putting out good content that will help anyone interested.

Take a mortgage on your house, and buy Bitcoin with it.
Convince another 1 million people to do the same, if it's not enough convince another 1 million.


Yes, there is and that makes it like 99% of the reason the price goes up, you put more money in it, you buy more and if everyone is buying the price will go up, that's how the economy works, nobody gives a damn about the features if there isn't more money inflow that outflow no feature or technicality will keep the price up.

There is nothing on this earth that can grow more valuable without having people ready to throw money at it.

• Patronize businesses that accept Bitcoin, that helps to increase the adoption of Bitcoin attracting more users.
• Hodl and don't panic sell when the price goes down.
• Help out new investors on forums like these who have questions about bitcoin.
• If you have developer skills you can design ideas that will solve some of the drawbacks the network is having, like increase in fees.
• Debunk misleading information being shared about Bitcoin and help clear up at misconception.

Other than these, there's not much we can do, these will not even have more than a 5% influence on the price. Bitcoin gets more valuable cause of the features it has and their applications.