Are there any optimists left? Is $100K still possible? - page 4.

richardsNY

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Quote from: LFC_Bitcoin on February 06, 2018, 01:58:34 PM

Me too, I think mid 2021 will be a great time for all of us.

The further we are away from now, the higher the price will be, it has always been like that. People however are panicking like it's Bitcoin's end, while in reality they don't take into consideration how overbought the market last year was. Another thing people don't seem to understand, is how much of a fantastic opportunity this correction really is for everyone. Once we're close to demolishing the previous all time high of nearly $20k, people will look back at how on earth it was possible that they haven't bought below $7000 while they had the chance. But then again, people have always been reluctant to buy themselves into Bitcoin when the market is deeply red colored....

audrey12

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Quote from: Leahhhh on February 05, 2018, 02:43:21 PM

Are there any optimists left? Is $100K still possible even by 2020 or 2021?

Of course chances of success and increase in bitcoin value is still possible, the market is still alive, it is only on the period of crisis but considering the value of bitcoin when it started to enter the market $6500 is still a good amount. We are only disappointed because it has reach $20000 but given the historical value of bitcoin this is still a good market to take. So instead of worrying better invest if we can and wait for the price recovery.

LFC_Bitcoin

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#1 VIP Crypto Casino

Quote from: gentlemand on February 05, 2018, 02:50:39 PM

Of course. When I got in all those years ago I always had a feeling in my willy that 2020/21 would be the one. That feeling hasn't changed. I've no idea about 100 grand though.

Me too, I think mid 2021 will be a great time for all of us.

aardvark15

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Quote from: Leahhhh on February 05, 2018, 02:43:21 PM

Are there any optimists left? Is $100K still possible even by 2020 or 2021?

I don’t see why it isn’t possible. At this point, that may be an unlikely target, but I definitely would not rule it out.

What we have to remember is that the 2013/2014 crash lasted for a couple of years before the recovery. That could happen this time. But even if Bitcoin takes 2 years to get back to $20,000, we could then see another spike in price up to $100,000 or higher right afterwards.

dmamigo

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Possibly it looks kind off very very tough, Bitcoin being promoted as good opportunity was also promoted vastly as bubble, which supported this fall. I believe optimism is still alive in many, but $100K was actually a very huge expectation anyway, $50K was far a possible margin to hit or touch. I think within the next Quarter we can or may be able to determine what is or what can be possible in future.

fulmetal08larz

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I believe that the BTC could possibly hit the $100K price within the next 5 years when it has been developed to its full potential to replace fiat and become the new financial system across the world. Its technology is truly remarkable and it is here to stay. The digital age will need something like what we have now - cryptocurrency.

budz0425

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Quote from: YinShuiSiYuan on February 06, 2018, 10:30:19 AM

Quote from: jadenunderhill on February 06, 2018, 12:57:32 AM

Quote from: sjefdeklerk on February 05, 2018, 10:17:12 PM

I have proof it will go to $100.000: Bitcoin will ALWAYS go up, as everybody here knows (newbies not, only the pro's know this). And if something ALWAYS goes up it will eventually go to $100.000. See?

If something happened 2-3 times in the past - there is no guarantee it will happen again.

You're right. Just because something happened once doesn't have to happen again. The price of 100k $ is a distant future, if at all possible. People after such declines will be much more cautious in investing. The price will not grow so fast.

A lot of things could still possible to happen as of the moment, I am not closing the door for what bitcoin will come so far and up to the end. I am just watching people who are just like a fish so worried that the water will run out without even thinking first that water cannot run out.

I would be optimist no matter what, let's see and wait.

jakelyson

legendary

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I am an optimist but I am not hyping it to reach 100K. I am positive that it can grow back to its previous ATH and that is enough for me. I do not want it hyped to 100K then bursting back to below 10K. A steady growth is better.

YinShuiSiYuan

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Quote from: jadenunderhill on February 06, 2018, 12:57:32 AM

Quote from: sjefdeklerk on February 05, 2018, 10:17:12 PM

I have proof it will go to $100.000: Bitcoin will ALWAYS go up, as everybody here knows (newbies not, only the pro's know this). And if something ALWAYS goes up it will eventually go to $100.000. See?

If something happened 2-3 times in the past - there is no guarantee it will happen again.

You're right. Just because something happened once doesn't have to happen again. The price of 100k $ is a distant future, if at all possible. People after such declines will be much more cautious in investing. The price will not grow so fast.

Old_Timer

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In the fray since 2013.

100k will come but be patient.

it will come latter down the road, when you least expect it.

Apraksin

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Moon?

Quote from: gentlemand on February 05, 2018, 03:51:55 PM

Quote from: Leahhhh on February 05, 2018, 03:48:49 PM

'Exchanges are crippled to the core'...I'm not 100% sure what you mean by that but I am worried about getting my coins sold on the exchanges when the time may come. I worry about them crashing at times when people want to sell, about them getting hacked & about the withdrawal limits they impose. I wish there was somewhere 'dependable' where I could sell....that they were like most stockbrokers where you can sell right away & have the money back in your account in a couple of days with no withdrawal limits imposed.

You just described perfectly what he meant. I wonder how many trades didn't happen because either exchanges crapped out during the trade, or people simply couldn't get on to them.

The problem is that to be as smooth as a stockbroking website they'd need tons more staff and tons more capacity. Crypto is so fickle that if the market went quiet they'd be ruined.

I agree with you and the above completely. The exchanges are a huge issue. I don't really know how it can be solved but in the state they're in it's not reassuring to be dependent on them.

I think this is one of the biggest reasons each time the growth cycle implodes, the cryptomarket infrastructure always buckle under the influx of newbs and the supply of fresh cash dries out.

TS: next cycle we will see 100 k

timerland

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Quote from: Leahhhh on February 05, 2018, 02:43:21 PM

Are there any optimists left? Is $100K still possible even by 2020 or 2021?

It is possible. Nobody banned that from happening, but it'll be harder now that people's got a taste of what bitcoin can really do after the jolly rallies are over. I guess it's a good thing, since a lot of bitcoin noobs just came here for the money and they learned it the hard way that bitcoin is not a guaranteed investment to make money constantly off.

I would say that in 2021 we'll experience a huge spike in price once again, but the magnitude just won't be as big. I can definitely see bitcoin going back up to 5 figures if it crashes down to 4 in the years between and stays there.

No idea whether $100k is going to be hit. It's obviously possible and is only around 5x from the ATH, but that would be a huge effort and a 20x or so pump.

Wilhelm

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Let's try 25k-50k this year Cool

Viper1

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2020 should be the next halving. Look at the past trend and you can see that it could very well be the start of the next ATH while from now till then the price trends to the "bottom". Lightning network could change things though. But then again I wouldn't be surprised if that gets dragged out until then given how slow core is to get things done.

jadenunderhill

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Quote from: sjefdeklerk on February 05, 2018, 10:17:12 PM

I have proof it will go to $100.000: Bitcoin will ALWAYS go up, as everybody here knows (newbies not, only the pro's know this). And if something ALWAYS goes up it will eventually go to $100.000. See?

If something happened 2-3 times in the past - there is no guarantee it will happen again.

sjefdeklerk

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Activity: 154

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SODL

I have proof it will go to $100.000: Bitcoin will ALWAYS go up, as everybody here knows (newbies not, only the pro's know this). And if something ALWAYS goes up it will eventually go to $100.000. See?

Xardasim

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Everybody say that when will bitcoin reach 100k but we should think about when bitcoin and all cryptocurrency market gonna to hit green so we get more profit. I always said to all traders that you would be hodler and in this moment everyting is going like shitty. I hope all new traders will stick to rules no matter the market is green or red.

Altero

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Of course, a lot of people still hoping and keep believing on bitcoin's capabilities to run and make other history in the market again. Do some people turning their head out of crypto but it won't really affect it's life.
Actually, $100k is truly far from happening but we can't lift any possibilities that it will go for that in a sense market are still moving.

olumyd

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Maybe a 100k within 2018 is a stretch, however not impossible. This pullback can be likened to a pull of a catapult, once released it could go so far and taking with it those who may have endured the stress.

Nick Abimanyu

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Quote from: Leahhhh on February 05, 2018, 02:43:21 PM

Are there any optimists left? Is $100K still possible even by 2020 or 2021?

Maybe i am, because i`m always optimistic with bitcoin development.
By 2020 or 2021, perhaps the number of bitcoins in the mine will shrink in number, when compared to 2018.

We certainly know, which makes it expensive bitcoin is determined by supply and demand. If supply is increasingly scarce, thus it is certain that bitcoin prices may reach $ 100K by 2020 or 2021.

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