I can give you some why it most certainly will not.
1. Bitcoin does not scale. Lightning Network is a fad. It is a commercial initiative that does not work in a decentralized secure way and is only intended to make companies big money. Create an artificial problem (1mb block size), propose a commercial solution, profit.
2. Bitcoin is outdated technology. On many levels Bitcoin has been surpassed by altcoins, in network topology, mining/securing mechanism, distribution mechanism, economic vision.
3. Bitcoin is an environmental disaster for which there are amazing solutions, yet the community and dev team refuse to work on clean future ready technology.
Topic: 9 Reasons Bitcoin Could Hit $100,000 Or More (Read 287 times)
9 reasons:
1 / It is unique.
2 / is the most valuable coin.
3 / Intermediary for all other passwords.
I believe it will roll over $ 100,000 in 2018
That's *3 per reasons and for those people that don't believe with it they can just sit and wait the market moves quickly again just like last year.1 / It is unique.
2 / is the most valuable coin.
3 / Intermediary for all other passwords.
I believe it will roll over $ 100,000 in 2018
@ OP you should add another 0 to that because Bitcoin is going to hit $1,000,000 and more.
Believing in McAfee?First mover advantage and rising userbase could lead to that price. As for the other 7 reasons, you mention them in the title but then you don't list them 
Yes it all started the whole crypto market so why people will not support the original and father of all? 
I agree that most of those reasons mentioned are legit, but I still believe that Bitcoin really has to derperately fix the scaling issues. It has become a store of wealth with really high transaction fees and times. If Bitcoin could scale to be used as a cryptocurrency as it was intented, then I believe that it could hit critical mass, but not in the current shape tbh.
First mover advantage and rising userbase could lead to that price. As for the other 7 reasons, you mention them in the title but then you don't list them
yes, that is the reason that makes bitcoin able to survive and keep going up till now.
decreased bitcoin supplies and increased demand, making bitcoin prices rise every year. and will continue to reach $ 100,000
decreased bitcoin supplies and increased demand, making bitcoin prices rise every year. and will continue to reach $ 100,000
@ OP you should add another 0 to that because Bitcoin is going to hit $1,000,000 and more.
Btc is the reserve currency for all the other coins and if companies keep investing into altcoins they automatically contribute to btc. Which can make a rise in price.
The main reason for bitcoin to get to 100.000$ before lightning network is : it's a trend right now, and people just want to own bitcoin to be "in".
After lightining network kicks in, bitcoin will be worht 100.000$ because that it's its value, if we could transact with low fee and low times
After lightining network kicks in, bitcoin will be worht 100.000$ because that it's its value, if we could transact with low fee and low times
Blockchain is much faster than internet bubble.. The world is changing, governments will plan to have a cryptocurrency soon as bitcoin the price will increase because of massive adoption but according to expert 100k is very possible if the U.N government will have a debate in congress that will merge in the blockchain and its very possible in the long run.
Yeah, i think bitcoin is most valuable investasion and the father of all crypthonion & i believe bitcoin will touch $100.000
I think Bitcoin is the only one who can ever accomplish 100K and even beyond... not only because it was the first Crypto-currency and got his first-mover stamp but because it proofed itself over the time... all this new technologies which claim they can do better as bitcoin haven't even felt a glimpse of the stress-tests Bitcoin went through. Bitcoin was tested and is tested in the moment, but only because Bitcoin could withstand all these problems till now, shows how strong it/the tech is. Heavy lies the crown... Other cryptos state that they fix this problem and that problem, but they only got to know there were these kind of problems because of Bitcoin.. and still , The King is standing....
I think every problem Bitcoin encounters makes it stronger, approves the Tech behind it and shows why it is the #1
I think every problem Bitcoin encounters makes it stronger, approves the Tech behind it and shows why it is the #1
Lots of happening in this year. I really appreciate others compliment. We should think big and aside from that people are now adopting blockchain that makes bitcoin to increase it's price. However $100k this year would be possible.
I believe bitcoin has a lot of problems to deal with and do not believe it will ever reach $100.000 I believed it would just a couple months ago but with no utility and huge bagholders it's promise as anything but a memory of the past is not possible
All of these things listed already make Bitcoin's price what it is now. I doubt it will reach $100k, but I hope I am wrong then.
There is only one good reason for the growth. Name of this reason is Lightning Network. In my opinion, BTC wouldn't cost $100k if Lightning Network will not be introduced.
I fully agree with this article. The price of $ 100,000 is a matter of time. Bitcoin is currently a highly liquid asset, which everyone will soon want to have.
The main reason for the growth bitcoin, I see an influx of new investors. Due to this, the price is growing.
Recently, a number of crypto-currency exchanges, such as Bittrex, Binance, Kucoin, temporarily stopped registering new users
and the price of bitcoin ceased to grow. As soon as the situation on the exchanges stabilizes, the bitcoin price will immediately go up.
Recently, a number of crypto-currency exchanges, such as Bittrex, Binance, Kucoin, temporarily stopped registering new users
and the price of bitcoin ceased to grow. As soon as the situation on the exchanges stabilizes, the bitcoin price will immediately go up.
Hello..
Ooo man I can give you more than that... Your asking only 9...
Let me tell you some of them...
1- highly secure 🔐..
2-limited amount available..
3-you can't store bitcoin in any wallet..
4-price is crossing beyond the limits..
5-easy to use for the trading people.....
6- you can't touch them 😂.. Only feel..
Ooo man I can give you more than that... Your asking only 9...
Let me tell you some of them...
1- highly secure 🔐..
2-limited amount available..
3-you can't store bitcoin in any wallet..
4-price is crossing beyond the limits..
5-easy to use for the trading people.....
6- you can't touch them 😂.. Only feel..
it will all come down to 1 thing and 1 thing only: use cases.
so far bitcoin has been a very good currency in the past 9 years. high security network, instant transactions, fast confirmations and cheap fees have been the attributes that helped the adoption of it as a currency by the merchants and different services. and if in the future we can keep these attributes and help with the more adoption as a currency it can grow a lot more than $100k. otherwise all the rest such as network effect and media exposure, ... are of secondary importance.
so far bitcoin has been a very good currency in the past 9 years. high security network, instant transactions, fast confirmations and cheap fees have been the attributes that helped the adoption of it as a currency by the merchants and different services. and if in the future we can keep these attributes and help with the more adoption as a currency it can grow a lot more than $100k. otherwise all the rest such as network effect and media exposure, ... are of secondary importance.
It will reach 100k but for different reasons. We have some very cool technology that are being tested at the moment and if
this is successful, Bitcoin will be launched to a much higher level than other Alt coins. Bitcoin is having some problems at the
moment, but this is just temporary. We have some interesting tech coming our way soon and a lot of that are connected to
cool projects.
this is successful, Bitcoin will be launched to a much higher level than other Alt coins. Bitcoin is having some problems at the
moment, but this is just temporary. We have some interesting tech coming our way soon and a lot of that are connected to
cool projects.
That is what I have been looking for.
Going to the project developments and merchants accepting it.
I mean big merchants which could really pull a lot of people to accept this kind of technology.
Online markets are now booming and just a little more push and they will be on their way to accept bitcoin as a means of payment.
When that happen it sure it a big hit to the value.
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