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Topic: 9 Reasons Bitcoin Could Hit $100,000 Or More (Read 114 times)

full member
Activity: 158
Merit: 100
January 14, 2018, 10:06:29 PM
#23
I hope that BTC does hit 100k, but I hope it happens genuinely over time and not fast like a bubble. If BTC hit 25k by the end of this year. I would be happy with that.
Good point. Hitting 100k gradually is better that getting there very fast.
member
Activity: 266
Merit: 13
I hope that BTC does hit 100k, but I hope it happens genuinely over time and not fast like a bubble. If BTC hit 25k by the end of this year. I would be happy with that.
member
Activity: 62
Merit: 60
This what i also think about bitcoin the price explosion of it because of too much exposure on the public specially on socia media sites, but isn't also alarming today ? many ICO are appearing and forks are everywhere ? i think timw will come for people to lose their interest on all time high crypto because many projects are successing?
full member
Activity: 269
Merit: 102
Number of Bitcoins in circulation

First mover, network effect and media exposure

What is unique to Bitcoin vs. other CCs is that it was the first one invented, gained acceptance by investors and businesses and has received the most media attention. New companies have formed to support and trade it, which has led others to take notice and try and cash in on the hype.

Since there isn’t anything physically attributable to Bitcoin having these qualities has been a huge help for it to gain traction. I am counting these three as one reason as they have a synergistic effect on each other and help create demand.

FOMO or Fear of missing out

The fear of missing out or FOMO has helped to create a lemming effect. Investors don’t
https://community.bitzamp.com/view.php?permlink=9-reasons-bitcoin-could-hit-100000-or-more&id=458205
I think if bitcoin hit $100,000 or more it is already scam and this will never be done since they keep on telling that bitcoin will be the next currency in the world. If this happen I think bitcoin is already not tthe currency anymore either it is just only just a coin without use. So, I think bitcoin will never hits $10,000 or more and I think Satoshi Nakamoto will never do it because he knows that if he do it it is the end of the bitcoin because he have a lot of bitcoin in his wallet.

You appear like talking shit or just babbling here. Or are you just complying your post requirements for the sake of your bounty? If Bitcoin will hit $100,000, it will become a scam? How do you assess a scam? Simply by the value of it, that if it turns out $1 overnight it is not a scam but if it will reach $100,000 it will become one? That is a far-out way of looking at it.  And Bitcoin will never hit $10,000? Well, we are more than that right now. If I know, you are dreaming of owning a lot of Bitcoins as well.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
this january it seems the same as the january last year which the price is dropped too fast and now it stays at the bottom. but I still sure that this price will go up in the next month, we still have 15 days to see the price is up and down, makes some people panic, some people will smile because they can buy bitcoin with low price.
hero member
Activity: 2744
Merit: 588
Majority of the response so far are only based on speculation without a basis as to what will push bitcoin to that coveted point of $100,000. Last year was a major push that no one never envisaged but some things were responsible for such push to happen and at that high rate. But this year I have not read any major news rather its being on the negative while its OK to be optimistic, we should also not mind the actions that would be taken to move it there.

Very well-said. So much speculations and we need facts here how that rate will be achieved.
Of course, I want BTC to be at its best. But how are we going to achieve it?
The flaws should be addressed first.
full member
Activity: 254
Merit: 102
This event can exactly happen. Bitcoin every year rises in price by more than 1000%. Why do not he repeat this result in 2018? The crypto-currency market will reach a capitalization of several trillion dollars. Then let's see what skeptics say. Cool
hero member
Activity: 729
Merit: 502
Money - it's just unconfirmed papers. Government can print papers by tons or more. That's why bitcoin is better and it will hit 100,000$
copper member
Activity: 68
Merit: 0
Predicting the price of bitcoin is a bit like predicting the weather. Some people still believe the weather forecast  Grin
Its impossible to say what the price will be, but I do know it will not be zero!
full member
Activity: 532
Merit: 132
No one can guess how much will be worth bitcoin in the future. Today it can be 13000$ tomorrow - 15000$ and after a week - 58000$.
Yes, it's too difficult to predict the price of bitcoin in the future, The increase of price depend on how much people use bitcoin around the world. Also if people interested more in bitcoin, automatically that bitcoin price will increase. Personally, I think that bitcoin will achieve the 50k$ in the end of this year, I hope that my prediction will be right.
hero member
Activity: 798
Merit: 503
Majority of the response so far are only based on speculation without a basis as to what will push bitcoin to that coveted point of $100,000. Last year was a major push that no one never envisaged but some things were responsible for such push to happen and at that high rate. But this year I have not read any major news rather its being on the negative while its OK to be optimistic, we should also not mind the actions that would be taken to move it there.
sr. member
Activity: 987
Merit: 289
Blue0x.com
Number of Bitcoins in circulation

First mover, network effect and media exposure

What is unique to Bitcoin vs. other CCs is that it was the first one invented, gained acceptance by investors and businesses and has received the most media attention. New companies have formed to support and trade it, which has led others to take notice and try and cash in on the hype.

Since there isn’t anything physically attributable to Bitcoin having these qualities has been a huge help for it to gain traction. I am counting these three as one reason as they have a synergistic effect on each other and help create demand.

FOMO or Fear of missing out

The fear of missing out or FOMO has helped to create a lemming effect. Investors don’t
https://community.bitzamp.com/view.php?permlink=9-reasons-bitcoin-could-hit-100000-or-more&id=458205



     I can barely even count anymore how many times inhave read and heard the same reasons to support the statement that bitcoin will reach a $100,000 in the future. Not that i am saying it isn't true. I mean, who would belive me, bitcoin clearly is something that is impossible to predict. Plus the fact that the major problems of bitcoins are being fixed, this caj really do happen someday if the trend continues and maybe even higher when the fixes gets implemented.
sr. member
Activity: 1036
Merit: 279
Yes it's possible to hit that if the demand increases enough though I'm not sure about being widely used as currency as it was intended. Transactions take a long time to complete now. As a store of value, I think it's still viable.
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
No one can guess how much will be worth bitcoin in the future. Today it can be 13000$ tomorrow - 15000$ and after a week - 58000$.

Bitcoin is amazing technology and yeah everything is possible but we must think possitive because bitcoin can surely hit that price but no one can tell when. For now, I will focus more on getting more bitcoin the future will be bright for sure.
hero member
Activity: 784
Merit: 672
Top Crypto Casino
There are more than nine reasons which show that Bitcoin can and it will reach the $100,000 or even more than that. Bitcoin was and is the leader of the whole cryptos and I am very sure that it will be the leader forever. Bitcoin is being implemented into new systems, sites, and businesses. It is getting attention of the whole world, and almost every trading exchange is using it in their exchangeable pairs.

Its supply is only 21 million, but its community and uses are so high that its demanded is increasing day by day. Bitcoin has many features and one of which is privacy and security. Its transactions are secure and almost tax free, but due to high usage of the network its speed is getting slow and fees are increasing. But thanks to lightning network, because of which this issue wont exist for a long time.
full member
Activity: 462
Merit: 100
Number of Bitcoins in circulation

First mover, network effect and media exposure

What is unique to Bitcoin vs. other CCs is that it was the first one invented, gained acceptance by investors and businesses and has received the most media attention. New companies have formed to support and trade it, which has led others to take notice and try and cash in on the hype.

Since there isn’t anything physically attributable to Bitcoin having these qualities has been a huge help for it to gain traction. I am counting these three as one reason as they have a synergistic effect on each other and help create demand.

FOMO or Fear of missing out

The fear of missing out or FOMO has helped to create a lemming effect. Investors don’t
https://community.bitzamp.com/view.php?permlink=9-reasons-bitcoin-could-hit-100000-or-more&id=458205
I think if bitcoin hit $100,000 or more it is already scam and this will never be done since they keep on telling that bitcoin will be the next currency in the world. If this happen I think bitcoin is already not tthe currency anymore either it is just only just a coin without use. So, I think bitcoin will never hits $10,000 or more and I think Satoshi Nakamoto will never do it because he knows that if he do it it is the end of the bitcoin because he have a lot of bitcoin in his wallet.
full member
Activity: 364
Merit: 130
I believe it's possible for bitcoin to reach 100,000$ but the thing is that's a huge growth if it happened in a year. it would attract a lot of attention from powerful entities like banks, investors, and governments. some will try to regulate it some will ban it, some will want a piece of the action. I don't think bitcoin will be allowed to function the way it's meant to anytime in the near future.

Quite agree, for people who don't understand how the concept of bitcoin, that is how the price can continue to rise, how the volume continues to increase despite the price dropped dramatically. They will continue to think bitcoin investment is a bubble investment.

But nothing is impossible, in the past year, bitcoin has jumped from under $1k to nearly $20k. It was achieved in just 1 year. If bitcoin repeats the same thing this year, it's not impossible if $ 100k is a reasonable amount.
full member
Activity: 196
Merit: 100
No one can guess how much will be worth bitcoin in the future. Today it can be 13000$ tomorrow - 15000$ and after a week - 58000$.
jr. member
Activity: 142
Merit: 5
trader

Bitcoin may overcome this level in 2020
full member
Activity: 322
Merit: 100
I believe it's possible for bitcoin to reach 100,000$ but the thing is that's a huge growth if it happened in a year. it would attract a lot of attention from powerful entities like banks, investors, and governments. some will try to regulate it some will ban it, some will want a piece of the action. I don't think bitcoin will be allowed to function the way it's meant to anytime in the near future.
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