Topic: Are there any optimists left? Is $100K still possible? (Read 714 times)

If you think about the price of Bitcoin this time last year, which was only around $1000, we're still massively above that. Thats still up over 8000% from a year ago which is amazing. From the tends, it will probably take longer than 5 years to get to $100k but it seems like we will get there eventually. Its very difficult to predict the market but i believe it will get to that amount if the tends keep going as they have been over the past few years.

Definitely good to stay optimistic!

It's sad to see people lose faith in bitcoin. What's the matter? Only 2 months of the fall and you gave up? It seems to me that you are mistaken. The black bar ends and now bitcoin will begin to recover. I am sure that by the end of the year everything will start to sing the praises of bitcoin. You can't. You need to be confident in their beliefs. Then you'll always win.

I no longer believe that bitcoin will be able to climb such a mark in a short period of time. I think this will happen no earlier than 2025, as the market of crypto-currency is too unstable.

in any crypto world can happen, whether it crashes or spikes.
the initial creation of bitcoin is designed to be fluctuating and most likely to benefit users.
IMO $ 100k price can be achieved but sometime in the year when, if we want to reach that number, we must see the current performance.
just calm in the month of june 2018 we can reach the comfort zone point in the figure $ 20k. the achievement will be the preparation for take off to the moon or the $ 100k figure.

Its hard to hit that price within five years, maybe yes in the future but still no assurance. Bitcoin is an extreme rides better to focus on your goal instead of dreaming work on it. Let's all be optimists that no matter how much bitcoin dumps, it can still survive and hopefully to bring us in a brighter future.

Bitcoin isn't on a ferry. It's going to be hard for it to make it to 100k by 2021,we need to be more optimistic about the realistic usage of the crypto

Obviously yes.I had hope,with in this year end the price of bitcoin will reach 30,000$.Then ,next year the price will reaches 60,000$.Finally ,in 2020 or 2021 bitcoin will cross the 100k$.I had  suggest the bitcoin holders to save your bitcoin for your future. You will get more dollars as compared to now.

The problem isn't really touching the $100,000 mark at some point in the future, but maintaining it. If the market actually wants to sustain such prices, it has to stabilize more, and also become more professional.

Instead of old hands controlling the market, institutions need to make their moves. Current market perfectly represents a free market, but that comes at a price, and isn't viable in the very long term.

Keep in mind that the more Bitcoin is going up in value, the stricter the regulations will become. In the last months that's exactly what happened, and we're definitely not there yet. I expect more to happen this year.

Yes of course $100k is very possible. People just like to talk about future possibilities more during bull runs and they are less excited so don't bring it up during down times. It'll probably take another maybe 3 big bull runs to get there, so it might be 3 or 4 years, but unless cryptocurrencies just never gain transaction adoption or another coin goes viral and comes out of the blue to compete with bitcoin I am quite confident we'll see 6 figure bitcoin prices within a few years.

Even as we go through this bear market and we're still 50% off the ATH things are happening to promote the long term adoption of bitcoin: segwit finally started to get adopted by major wallets, existing finance apps (robinhood and square) finally joining the crypto space to give coinbase its first competition, web services starting to batch transactions to increase bitcoins transaction throughput, lightning network progress and actually a little bit of real world usage even though it's not yet fully ready, slowly more and more companies are accepting bitcoin, some countries working to regulate the market which causes fear and panic selling when announced but long term will be good because the majority of people will feel safer investing in cryptos in the years to come, major banks coming out and saying (after all their fear-mongering last year to try to call bitcoin a fraud) that yes indeed they do see cryptos as a legitimate threat to their business.

Short term could be anything. Long term is absolutely bullish to 6 figures.

I believe that $100k  is possible.  Remember it is still a long years ahead for Bitcoin so basically that amount of price quite possible.  Aside from that Bitcoin had done lots of impossible stuff such as being accepted in several countries.  With the development, acceptance by the government, promotions and the speculation in the market $100k is really possible in the future.

I believe too, yes of course a lot of us here are still believing that $100k is possible, if you will just look at the trend, we can see that it can increase by 200%-700% so there is no doubt that this year it will repeat the history although there is no assurance yet how much percentage it will have.

2020 is just like 2 years later . There is a fine line between being optimistic and rational .
I am being rational and I just want bitcoin to cross atleast $40-50 k before it loses half of its number . That  would be a great relief for all the users .
Talking about $100k , it is difficult to attain that figure until a hue interest in shown in the investors in the years to come.               

If considering the really large numbers for the entire crypto market and all its possible innovations and growth possibilities then I got to equate it to a traditional weighing scales in an image of balance.   Its true trillions are unlikely but also value will not shift to crypto exclusively without value elsewhere becoming lower.

So what I mean by that is the dollar value itself can drop, in the last year its fallen by 10% and this has no doubt helped raise the nominal price for crypto and BTC.    A 10% fall in dollar alone would make every BTC priced in dollars, also 10% worth less.
However a drop in dollar value likely indicates that a reduction in US dollar as world reserve currency is happening.  As all crypto can be used globally easily across borders, its very much an alternative option and likely to gain from dollar decline.      

This is why 100,000 for BTC can never be said to be impossible.    I also expect $200 per barrel of oil at some time in the future even while I believe the overall domination of oil in energy usage is dropping.  The general reason is FIAT currency is weaker now then any other time since Nixon was in office and that's a fair old whack of time, a big trend break leads to vast changes possible.   Its a tide change, everything I mention is a known possibility but like the tides people can still be caught off-guard by the breadth and magnitude of changes in the world.   It makes more sense to recognise alteration will occur then believe one country or even its partners continues to underpin the world reserve currency indefinitely.

Probable, possible, maybe but dont imagine never.   This is the biggest story of this generation imo as capitalism is paired to freedom and democracy it can alter the lay of the land we walk on.

If bitcoin reaches $100k, then we are talking about $1.7 trillion marketcap which is highly unlikely this year. The Total cryptocurrencies marketcap might then jump over $2 trillion in that case. These aren't reasonable numbers as for now. We don't have such a huge money inflow or adoption to fund that much amount. I expect BTC to reach $30k at most this year.

There is enough liquidity on exchanges to ensure 100k is unlikely in 2018.   The higher the price the greater the supply from not just apparent offers at market but also private wallets.    A third source would be business which to some extent carry on their balance sheet an available amount of bitcoins.

Any rapid change opens up the potential for sellers who have more to gain from supply the exchange market then continuing to use bitcoin as a payment float for their global online business.  Even a casino would consider selling bitcoin and asking users to utilise another blockchain.  They could then supply their ongoing turnover in bitcoin to an exchange and arbitrage a profit by side stepping into another coin.

Obviously there is competition to bitcoin, its not the sole market for crypto currency settlement.

Rather then price, compare market capitalisation but I agree effective supply is more relevant then total coins most of the time.

Probably you are right, friend, but I doubt Bitcoin can grow up to 100 thousand or even higher. It will be bouncing a lot for a very long time, but growing slowly.

100k is quite far and people and you are right at that time common person will not afford bitcoin so that's why everyone is saying that adopt bitcoin at these prices so that there will be no issue for us at that moments and only sensible people are doing as according.

I can't think of anything at present other than people using pump and dump strategies to increase hype around bitcoin. So yes 100k is possible but will the coin really be worth 100k?  Bitcoin has been touted to be the digital gold, beyond exchange values, what other intrinsic value will bitcoin have to the common man when it bears the burden of $100k to 1 BTC?

Sounded a lot like mr. Mcafee there dude. Though you have a very good point and probably that's part reason why mcafee is that confident wih a million btc by 2020. And he's not the only one. Me, i'm just hopeful that all your predictions come true lol

I LMAO at everyone trying to compare bitcoin to any other market, it can't be done. Out of the 16-17 million bitcoin in existence, only a small fraction is actually for sale on exchanges. Most people don't realize that it doesn't take that much capital to buy up bitcoin on exchanges and raise the price up very very high. 100k is nothing, optimistic is more like 2 million each.

Being an optimist is not even a crime as most of us who believe totally in the system are all optimistic that bitcoin would do hugely great in adoption, hence the value increasing. We cannot say we cannot see anything this year, but at least, we can say that there is a possibility of something in the future which I want to believe that bitcoin reaching the level of $100k in the future is very possible. One thing I am sure of is that bitcoin is stronger, and like you have said, we may not even see much this year, but the future is what matters.

Moreover, we cannot say if x10 is possible or we will just keep swinging between the previous highs and lows in 2017, but time will only tell and that is the only thing we have. However, looking at how bitcoin has really fair in the past and the great comeback, then anything can still be possible. I also want to believe that stronger hands are already getting into the market with the exchange from weak hands, so, let's see how all these plays out on the price action.

Being futuristic and optimistic isn't a good sandwich fill. In the early days of crypto, bitcoin had the larger share in total market cap, now with Eth and other alts rolling in, bitcoin share has dropped and barely maintaining a 40% dominance. With smart contracts, dApps and all, its gonna be hard for that shine to stay as good as new. However, that would not stop bitcoin's prospect, it will only delay it. Since we are talking crypto a better view will be one with speculative, realistic and optimistic combo.

I laugh at your comment dude. Those who have bought bitcoin at top price (around $15K-$19K) have already left the market. They have sold everything during the panic sells in January-February. There might be some few who returns back, but I don't those noobs will go invest on it again. They got burned early on their crypto investment careers. That's why you will see threads spreading FUD's because it fell short of their expectations to be rich.

But I agree that its going to be a big hurdle to get into the 6 digits range. We need to take it slowly and not rush things as its not healthy. A sudden rise means that we could crash anytime because the bubble will be burst.

I wouldn't put too much pressure on us getting to $100K. A price of around $50K will be good enough for me. Let's not be over confident and take everything in a slow stride if we break $100K then good, but if not, then I'm happy if we could touch $50K at the end of the year.

Governments have always been trying to prevent crypto from growing further, and it has never resulted in anything other than a short term dip. If we look at the majority of the most recent news concerning governments to prohibit crypto exchanges and whatnot, almost every news article has been debunked afterwards. The only reason these fud'ish articles have an impact on this market, is because of how stupid the majority of the people here are. In other words, the less attention people dedicate to rubbish news, the less impact it will have on this market. We just have to accept that Bitcoin will probably never be welcomed with open arms anywhere, so just move on and focus on that what really matters for you. Bitcoin according to certain idiots was a fraud and a bubble at $100 levels, and will be the exact same for them if we at some point break through $100,000 for the first ever time. Ignore them.

For the sake of those who bought at 20k, BTC has got to reach $100k. As many people had contributed to the pump to that level. However if it doesn't happen, it means that getting beyond 50k would be difficult.

We all wanted to see bitcoin hit that price. So I guess everyone is hoping that it can be done. So let's see. We are still far from 2020 or 2021 and a lot of things can happen like block halving that can influence the price in the next couple of years.


I disagree. There are a lot of hindrance just right now we have seen governments around the world trying to put down bitcoin and crypto. So we should rest on our laurels as more and more attacks will come as the price is nearing the $100K levels in the future.

Of course! There are no hindrances when it comes to pricing the only question left is when. As of today the price of bitcoin is slowly picking up pace and it is now at the 11k usd mark. I'm optimistic it will reach 15-18k by end of the Month.

The fact that anything can happen at any time without anyone even believing it could happen. As much as $100k within a year is not possible, that still does not mean it could not happen. In the human eye or perspective and from what we are experiencing presently, it does not look possible, but judging with the beginning of last year and what we had, anything is possible, which balls down to the fact that nothing is predictable; we only have to wait and see what happens.

Overly optimistic! May not be this year, next year or in some decades, no one really cares, but at some point, I am sure bitcoin would have gotten to a stage of massive adoption and maybe some will start seeing how blind they have been by then and how they have been so deceived by the government in to making them believe in their crappy fiat based system. Bitcoin has a lot of room for growth, so there is a huge possibility.

There are still possibilities, btc is still not that popular in other countroes and others just started to ude it, many investors will soon to shift on it. We just need to wait.

In my opinion, Bitcoin will always remain at the top of digital currencies, despite of existence the consecutive crisis in many periods but that will always be temporary. But I am always optimistic about him. Moreover, after each crisis, there is a significant development in the value of this currency and that's what happened in previous years (3-4 year).

Furthermore, in this current period the price of bitcoin is 11K and I think this small jump will continue into this week and it will develop further in the coming weeks. and it is expected that the next price after 1-2 months will be between 20 k and 30 K .

On the other hand, I think that 100K is a very high value  but everything is expected in the era of bitcoin and If the governments will recognize Bitcoin as a legal currency then the value of this currency will progress in a fast way and  may will  be more than 100K if it been achieved.

Why do you say that I 'don't even have some amount to invest on bitcoin'.....How do you know if I have or haven't money to invest in bitcoin? I'm doing very nicely with my hodlings since 2014 !! I think I've got a very good investment & am not looking for another!

I think it's possible.

I feel that the obvious sentiment is misrepresented in this forum, at least looking back at the past few months, and it's one that is extremely bipolar, swayed by the very short-term view of current markets. The optimists are probably all represented by the oldest forum members who are still around, lurking and posting outside of the Speculation section. By virtue of being here, discussing regardless of Bitcoin's price, they're optimists, much as I'd like to think I am.

If the last month and weeks have caused them to flee and abandon all hope, then I doubt they were anything more than speculators in the first place.


I agree... optimism shouldn't be confused with misplaced trust and hope in the impossible. I don't think many people will care to take the lessons on offer from Bitcoin's almost decade-long presence though! Even those whom newcomers might consider as "experts" or "old-timers" are prone to wild and irrational judgments (McAfee comes to mind). In my eye, Bitcoin will always be as likely to reach X high as it is to reach Y low.

He's not greedy, he's only asking if its still possible for bitcoin to be seen at $100k on those years. Who doesn't want to see bitcoin at $100k? of course all of us who are holding it wanted to see it. I'm optimistic with charts for the past weeks even its really tempting to sell, there are people who keep on speculating with a higher price than $100k. McAfee even said that bitcoin will reach $1,000,000 but that's too much. $100k would be fine enough and if gets higher that's better.

it is just a matter of time ,be patiance ,get a job,and forget the bitcoin for a couple of years ,and then come back. you will see

you greedy person,why always looking for more higher price when you dont even have some amount to invest on bitcoin..why not find time good investment that fits you for you not to praticipabt

Count me in because i am still optimistic enough that bitcoin will reach such price in the future. If we will based that on bitcoin's price since it was launched, then bitcoin has already reached more than that price already.

I agree, bitcoin is completely unpredictable. Nobody expected 20x rise in 2017. I would not be surprised by no new ATH in 2018, but I would be equally not surprised by it reaching $50k.

I also share your view. Buy if crypto has taught us anything, it's that volatility and unpredictability is no surprise with this market. BTC might begin another bullrun soon. But and all time high of 100k in 2018 is quite a long shot. Maybe half of that is possible.

I am one of those optimists, although a cautious one. $100k in a few years is possible. I doubt we'll see another 10x this year, maybe there will be even no new ATH in 2018, but I believe in long term bitcoin will rise to hew heights.

I think it can but it will in the right time. The supply is getting nearer while the demand is insanely increasing day by day and the marketcap is getting bigger as more investors are coming. We are now touching again the $10k mark just a day before Chinese new year as many are speculative that the bull run will start and so good for everyone who already hop in.

I'm not so sure, but certainly I'm optimistic with bitcoin prices that will be high in the future. well, i have also prepared some things for that matter. I'm sure that bitcoin prices will be very high, whether it's $ 100k, but I'm always optimistic.

Well i guess yes because bitcoin is starting to recover despite negative thoughts and FUDing around lately. And maybe if people have already learned how to HODL, a 100K USD per bitcoin is very realizable in the future.

Yes it looks possible to reach such a price as all those countries which were previously expected to take strict actions against bitcoin have almost changed their stand and have started to think about regulating cryptos to avoid scamming activities.

Why shouldn't they?

There is no other way to buy/sell when a spike happens and make some quick profit.

And of cours they will not transfer 10 Mil. $ to Coinbase all at once, but they will not have a problem transfering 50k, buying BTC, moving this out and transfering the next 50k.

I so much agree with your reasoning. Optimism shouldn't be judged nor determined by an increase in price alone, but also in function. The basic things can easily be eluded if we concentrate on price alone.

But can anyone not see why this adoption thing is taking long and so much hassles are involved. Who agitated when MasterCard and Visa and all sorts of Credit cards and facilities decided to go cashless. Now, because decentralisation is a more deterministic value, especially with democratic cryptos like Bitcoin and a bunch of other inspired altcoins. So the question really should be, how long before regulation and far from global adoption are we?

Why is optimism only measured in large numbers.   Maybe I think laterally not purely in height of a chart, the real advances in Bitcoin is not going to come from it becoming more expensive.   If this is a grand lotto scheme then sure the prize we want to be bigger, simple as can be.

I would prefer Bitcoin to become far more intricate and detailed in its growth.  Capable and sturdy of handling the weight of the world that might rest on it in troubled times as we transition away from a singular country's domination of world reserve currency and those trade advantages that serve the West.

The whole world gains if we can do business better, if crypto development can become part of that it'll be a bigger number than would've ever be imagined to be gained, it will be exponential.  It'll enable 7 billion people in equal and fair commerce not biased to one country or set of politics but towards creativity, production and efficiency.    The gains would be regular and small, not bound to 1 bitcoin but in peoples advancement within the smallest transfers of Satoshi bits.

I'd love to see this more then just many zeros on the end of a number

AT this point in time, I would say it is more probable that BTC hits $100K by or before 2021 than it not hitting it.

So yes, I would say it is more than possible.

true. if we get faster transactions and lower fees then i think the price will go up because it will be easier to use and more people will start using it as it was meant to be used: as a currency

100k is still possible nothing has changed, tell me do you see any difference in bitcoin to justify such a big price decline? Bitcoin is still the same, so we still have the chance to recover the money lost and more if bitcoin keeps getting upgrades, but I do not know how realistic is to expect bitcoin to reach that price in those years, it is possible but I'm not sure it is going to happen so fast.

Of course 100k is possible, in a few years from now. If we suppose bitcoin will keep improving to become a real currency that anyone can use, then banks will have a good reason to be afraid and bitcoin price will definitively go up.

$100k is possible, but not with the market full of fearful and crying pussies.

Everytime I come here now is this despicable moaning in every fucking thread.

This is exactly what the bankers want. They dont want bitcoin to succeed as a currency. Much better for them to be an asset in the hands of a selected few.

And why rich investors are so few? Because they have patience, they take such blows and keep going on. They also diversify, and dont put everything in the same basket. You go all-in in crypto, you get burned.

Yes, there are still optimist people here that we don't know and I am one of them, through ups and down I wanna be at the side of bitcoin, so for me it is not impossible for that certain price to achieve, we can do it and we will gonna achieve it if we will just continue to patronize cryptocurrencies especially bitcoin.

It might go up at the next halving - but not to $100,000. I personally think we'll be lucky to see $50,000. Bitcoin's adoption is going onto reverse.

Using exchanges is not the only way to use Bitcoins. As it moves further towards becoming a store of wealth, I think we will see an increase in its use for the purchase of valuable assets - gold, houses, domain nmes and the like. There is no reason why an oil producer couldn't accept Bitcoin in settlement of an oil purchase contract for example.

The biggest trades in bitcoin are happening OTC (over the counter). They are not registered anywhere but between the parties involved. Do you think billionaires sign up in Coinbase to buy their bitcoins? lmao

The very rich elite is amassing bitcoin in big trades and once they have accumulated enough, the fiat tickets in corporate exchanges will go up. Until then, noobs will keep getting their bitcoins re-allocated from them into the hands of the wiser, either by failing as traders or by being victims of shitcoins, including Gavin's forks.

What we experienced in December when we were going up $1k a day is just a preview of what's coming, but there's still a lot of time to keep racking up cheap bitcoins while the rest of the world is still mostly unaware and/or confused about it.

At this rate, for BTC to reach $100k, will require more than a rocket fuel. and even if it gets to that height it will be more disastrous, as it would be easy for it to free fall and a lot more people will be affected by this tragedy. However, it would be preferable for it to go steadily even if it reaches $50k in another 10 years, it would be better for sanity and deplete hype that hinders mainstream adoption.

of course bitcoin will reach that perfect point, can be seen from the price chart now. bitcoin starts back up again, in my personal opinion bitcoin will keep on increasing.
if we talk about the issue of ups and downs it is already a common price in this case. I strongly believe that bitcoin will achieve the perfect point, I believe it !!!

I am one of the optimist people that still have a strong faith in bitcoin. Even with the present status of bitcoin value I still believe for a big bump to happen. It won’t take long. Everyday brings a new hope that it will come back to normal. It is just a matter of time.

Are you among these strange optimists, man? I suppose it will be difficult to BTC even to reach 25 thousand this year.

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....

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.

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

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.

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.

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.

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.

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.

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.

100k will come but be patient.

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

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

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.

Let's try 25k-50k this year 

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.

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

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?

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.

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.

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.

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.

Just been to their website....the minimum investment is now $75,000.

Thanks gentlemand, I'll keep a note of that website & hopefully some day I'll be able to use them.

The man's willy has spoken.  So be it.

https://genesistrading.com/digital-currency-trading/

Is one of the biggest OTC players. If I remember rightly their minimum trade has to amount to $25,000. A fair few people on here have reported positive experiences with them. It looks like they do it in several countries too.

Thought it might be over the counter, but had never heard of it in relation to bitcoin. How much roughly would you have to be selling to use such a service?

Over The Counter. Off market trades that happen privately between two individuals. You can move huge amounts and as it's off market there's no effect on the market. That's how some of the really huge buyers and sellers operate.

Much safer, faster and you're not dealing with flaky exchanges. There are full time brokers matching buyers to sellers.

Nobody can predict that far out. Anyone who says they can is fibbing.

Cryptocurrency is here to stay - what is in question is which cryptocurrency.

Forgive my ignorance ....what is OTC?

As long as you have an amount above a certain figure you could go OTC. There are brokers who'll pair you with a buyer. Everything takes place off exchanges and payment is direct to you with some personal service too.

If I ever do sell a significant amount I'm doing it that way, not on an exchange where you're just another frozen ticket they won't answer. 

I agree totally.....IF it should ever hit $100K or even $1m, knowing my luck I probably couldn't get my coins sold or I'd get them sold & then the exchange would be hacked!

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.

'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.

Same here. People just come up with all sorts of ridiculous predictions, and that while they haven't got a clue about what state the market is in, and what actually needs to be done to reach such levels. I am personally a bit more 'conservative' than others with my $50,000 before the next block halving predition. With LN fully active on the main net to stimulate actual usage and thus greater adoption, and with financial instruments where actual coin supply gets taken out of circulation instead of those rubbish futures, we should be in a pretty decent position to smash through $50,000 before the next block halving. It also gives all centralized players in this ecosystem enough time to get their shit together, because as it is right now, all exchanges are crippled to the core, which is very sad to see.

Don't know if 100k are possible but I'm still pretty sure the last ATH wasn't the last one.

if nobody knows what the price is going to be tomorrow, then how are we supposed to know what the price is going to be in 2021??

You're just looking for people to give you reassurance that everything's gonna be fine, aren't you? just hold your coins and stop looking at the charts.

Everything is possible in bitcoin. There are many reason why the price was falling. just like now that i heard bank are afraid about bitcoin become currency base on live news in youtube and bitcoin was shutdown in india and china this is i think a big reason why the price was drop and the price is keep falling..
This is the same happen past few years but bitcoin still alive and kicking.. If you have bitcoin or you bought cheap bitcoin today just hold them for a long time and you will witness the $100k these coming months or years..  Bitcoin is always surprising so we do not know when the price reach $100k .

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.

yes

look at it this way, feb 5 2017 we were not even at 1,000.00

bitcoin is on blue light special but soon it will be tiffany blue, keep the faith, buy and HODL!

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