Bitcoin: $100K in 2021? - page 4. | Bitcointalksearch.org

mrcash02

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Quote from: MissionPhailed on August 21, 2017, 11:56:00 AM

An astounding value in just a few years, but not impossible it seems. We're now in the situation that Bitcoin is almost too big to fail and the total market cap of crypto as a whole (including altcoins) increased with almost 1000% this year alone. The world of cryptocurrencies is now financially 'bigger' than the company McDonalds (current $128 billion market cap).

Very nice. I haven seen people telling Bitcoin can hit $500K in 3-5 years... I doubt about it, but the fact is that Bitcoin is growing really strong, if we take in consideration the increasement in price this year. The question is if Bitcoin has enough power to continue showing results like this every new year, if so Bitcoin can reach $100K in 2021 or even more.

MissionPhailed

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An astounding value in just a few years, but not impossible it seems. We're now in the situation that Bitcoin is almost too big to fail and the total market cap of crypto as a whole (including altcoins) increased with almost 1000% this year alone. The world of cryptocurrencies is now financially 'bigger' than the company McDonalds (current $128 billion market cap).

thecodebear

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Quote from: stromae on August 20, 2017, 11:07:08 AM

Quote from: Mr.Anonymous on August 19, 2017, 01:21:32 PM

Quote from: thecodebear on August 19, 2017, 10:00:33 AM

Let's see we're over $4k now. Lets just say it doesn't go up much the whole rest of this year and we only hit $5000 this year.
A conservative bet for bitcoin is to double each year until it gets close to mass market, mass market will likely be 6 figures. That means $10k 2018, $20k 2019, $40k 2020, $80k 2021, >$100k 2022. So yeah it is definitely possible to see $100k in 2021.

If as your said, in future every year Bitcoin will growth x2 old price in last year. And final it will stable in 2022, is right? But you should think again about the period growth from 2015 until to this year Wink

.

I don't find these numbers realistic, especially $100.000 number. This means 50 times multiplication with respect to now. We can see prices around $15.000, yet not much higher ones. There will be a saturation in the market.

Well, first off $100k isn't 50x from the current price, its a 25x. And by the end of this year it could very well be less than 20x = ($5000 btc). And last Spring bitcoin was around $400, so it has 10x'd in like 16 months. And we're talking about what it will be in over 4 years. $100k is very doable. Certainly not guaranteed, maybe it'll only be $50k or so, but I won't be at all surprised at all if it hits $100k in 2021.

shohelalam

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Bitcoin Price $100K In 2021 ?

I didn't shock when i see it. I know it's not possible in early time. It might be possible with some more time. bitcoin Price will be $100K after long time.

We see bitcoin price increase $1000 to $4400 in this year. So why we don't think bitcoin price can not $100K after some year? we have to support bitcoin to maintain and continue there trend

ipanks

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Quote from: pitham1 on August 20, 2017, 12:18:57 PM

Quote from: stromae on August 20, 2017, 11:07:08 AM

Quote from: Mr.Anonymous on August 19, 2017, 01:21:32 PM

Quote from: thecodebear on August 19, 2017, 10:00:33 AM

Let's see we're over $4k now. Lets just say it doesn't go up much the whole rest of this year and we only hit $5000 this year.
A conservative bet for bitcoin is to double each year until it gets close to mass market, mass market will likely be 6 figures. That means $10k 2018, $20k 2019, $40k 2020, $80k 2021, >$100k 2022. So yeah it is definitely possible to see $100k in 2021.

If as your said, in future every year Bitcoin will growth x2 old price in last year. And final it will stable in 2022, is right? But you should think again about the period growth from 2015 until to this year Wink

.

I don't find these numbers realistic, especially $100.000 number. This means 50 times multiplication with respect to now. We can see prices around $15.000, yet not much higher ones. There will be a saturation in the market.

He is talking about 2021, which is 4 years away. That will involve one halving of the block reward in 2020 as well. We all know what happened after the last block reward halving. We just need one good rally for Bitcoin to rise 10x. So 100,000 definitely is not impossible.

it could be possible as we know if supply is decrease then the demand will be increase, its economic law. and this will affect to the price, in 2021, bitcoin price will reach highest price and so the next years. i am sure we can go that price and the rally is start from now which we can see the price will break $5k first and will be around that range of price then will increase more.

Redaxo

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Quote from: pitham1 on August 20, 2017, 12:18:57 PM

Quote from: stromae on August 20, 2017, 11:07:08 AM

Quote from: Mr.Anonymous on August 19, 2017, 01:21:32 PM

Quote from: thecodebear on August 19, 2017, 10:00:33 AM

Let's see we're over $4k now. Lets just say it doesn't go up much the whole rest of this year and we only hit $5000 this year.
A conservative bet for bitcoin is to double each year until it gets close to mass market, mass market will likely be 6 figures. That means $10k 2018, $20k 2019, $40k 2020, $80k 2021, >$100k 2022. So yeah it is definitely possible to see $100k in 2021.

If as your said, in future every year Bitcoin will growth x2 old price in last year. And final it will stable in 2022, is right? But you should think again about the period growth from 2015 until to this year Wink

.

I don't find these numbers realistic, especially $100.000 number. This means 50 times multiplication with respect to now. We can see prices around $15.000, yet not much higher ones. There will be a saturation in the market.

He is talking about 2021, which is 4 years away. That will involve one halving of the block reward in 2020 as well. We all know what happened after the last block reward halving. We just need one good rally for Bitcoin to rise 10x. So 100,000 definitely is not impossible.

Excuse me Sir, I do not know what happened after the last block reward halving. Could you please tell me what happened and why it happened?

pitham1

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Quote from: stromae on August 20, 2017, 11:07:08 AM

Quote from: Mr.Anonymous on August 19, 2017, 01:21:32 PM

Quote from: thecodebear on August 19, 2017, 10:00:33 AM

Let's see we're over $4k now. Lets just say it doesn't go up much the whole rest of this year and we only hit $5000 this year.
A conservative bet for bitcoin is to double each year until it gets close to mass market, mass market will likely be 6 figures. That means $10k 2018, $20k 2019, $40k 2020, $80k 2021, >$100k 2022. So yeah it is definitely possible to see $100k in 2021.

If as your said, in future every year Bitcoin will growth x2 old price in last year. And final it will stable in 2022, is right? But you should think again about the period growth from 2015 until to this year Wink

.

I don't find these numbers realistic, especially $100.000 number. This means 50 times multiplication with respect to now. We can see prices around $15.000, yet not much higher ones. There will be a saturation in the market.

He is talking about 2021, which is 4 years away. That will involve one halving of the block reward in 2020 as well. We all know what happened after the last block reward halving. We just need one good rally for Bitcoin to rise 10x. So 100,000 definitely is not impossible.

hous26

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Quote from: thecodebear on August 19, 2017, 10:00:33 AM

Let's see we're over $4k now. Lets just say it doesn't go up much the whole rest of this year and we only hit $5000 this year.
A conservative bet for bitcoin is to double each year until it gets close to mass market, mass market will likely be 6 figures. That means $10k 2018, $20k 2019, $40k 2020, $80k 2021, >$100k 2022. So yeah it is definitely possible to see $100k in 2021.

I agree with this but I wouldn't be all that surprised if BTC loses value by 2021 either. Its possible some governments could pass laws to impede the growth of cryptocurrencies, there could be a hack to wallets which makes people lose trust in the technology or an altcoin could surpass BTC in marketcap which could send BTC on a downward spiral.

That said, I think its more likely that BTC will be worth about $50-60k in 2021. $100k wouldn't be too surprising. If adoption of the technology picks up space, and this it can do, then it could be even higher than $100k. For instance, if the SEC approves a cryptocurrency mutual fund then it could be massive.

stromae

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Quote from: Mr.Anonymous on August 19, 2017, 01:21:32 PM

Quote from: thecodebear on August 19, 2017, 10:00:33 AM

Let's see we're over $4k now. Lets just say it doesn't go up much the whole rest of this year and we only hit $5000 this year.
A conservative bet for bitcoin is to double each year until it gets close to mass market, mass market will likely be 6 figures. That means $10k 2018, $20k 2019, $40k 2020, $80k 2021, >$100k 2022. So yeah it is definitely possible to see $100k in 2021.

If as your said, in future every year Bitcoin will growth x2 old price in last year. And final it will stable in 2022, is right? But you should think again about the period growth from 2015 until to this year Wink

.

I don't find these numbers realistic, especially $100.000 number. This means 50 times multiplication with respect to now. We can see prices around $15.000, yet not much higher ones. There will be a saturation in the market.

thecodebear

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Quote from: Mr.Anonymous on August 19, 2017, 01:21:32 PM

Quote from: thecodebear on August 19, 2017, 10:00:33 AM

Let's see we're over $4k now. Lets just say it doesn't go up much the whole rest of this year and we only hit $5000 this year.
A conservative bet for bitcoin is to double each year until it gets close to mass market, mass market will likely be 6 figures. That means $10k 2018, $20k 2019, $40k 2020, $80k 2021, >$100k 2022. So yeah it is definitely possible to see $100k in 2021.

If as your said, in future every year Bitcoin will growth x2 old price in last year. And final it will stable in 2022, is right? But you should think again about the period growth from 2015 until to this year Wink

.

What do you mean from 2015 until this year? Are you trying to say it was worse growth? It would $2xx for a lot of 2015. It was $1000 Jan 1 2017. So let's say bitcoin was about $250 in 2015, that means in two years it doubled twice to $1000 by beginning of this year, which is the exact rate that I used in my post: doubling once a year.

And as I said doubling once a year is being conservative for bitcoin, which was my point, even making a conservative estimate of the price still has it reaching $100k in 2022. Bitcoin has had a doubling rate of 8 months since the start of bitcoin and this year it has had a doubling rate of less than 4 months!! So if that slows all the way down to a doubling rate of 12 months for the next few years we'll still hit $100k in 2022.

YuginKadoya

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Quote from: severaldetails on August 20, 2017, 03:54:21 AM

Quote from: Denker on August 20, 2017, 02:48:17 AM

Quote from: thecodebear on August 19, 2017, 10:00:33 AM

Let's see we're over $4k now. Lets just say it doesn't go up much the whole rest of this year and we only hit $5000 this year.
A conservative bet for bitcoin is to double each year until it gets close to mass market, mass market will likely be 6 figures. That means $10k 2018, $20k 2019, $40k 2020, $80k 2021, >$100k 2022. So yeah it is definitely possible to see $100k in 2021.

Well, to be more accurate, Bitcoin doubles in price every 8 months!
And yes 5k is still possible this years, what would mean a 500% increase since the beginning of this year. So the word "only" doesn't really fit here.We're doing pretty good this year so far. But I get your point and understand what you mean.

Furthermore I agree that mass adoption could very likely mean 6 figures for Bitcoin, with today's purchasing, so no hyperinflation or anything like that.
The thing is I don't know how quick we can achieve that.Everything is still way techy imo and right now we seem to hit some critical mass of speculation, which is still very far away from a mass market. Imo we are still very early and could take at least another 5 years before seing some significant increase in terms of users, meaning 100 million or so. But when this happens, things will go extremely quick. And this is the reason why now is the time get as much Bitcoin, or bits as you can. 100k I could imagine 2022-2024, don't think it'll much earlier. But Bitcoin has to stay as the dominant coin, otherwise this all won't happen, and we won't be even close to it.

I think as well that bitcoin needs to be the dominant coin for that to happen.
If another coin would gain a larger acceptnce than I suppose it would be that coin whos value would increase at about the same factor that bitcoin needs to reach the 100K.
And even if that would happen, it does not mean bitcoin would become worthless. Maybe bitcoin would only reach 20K then. That would still be a huge increase.
In any case I see a large developement in the whole cryptocurrency market coming.

Bitcoin is the dominant Crypto and I think even if there would be a gaining of price within another coin that would just not enough to certainly take over bitcoin, bitcoin has proven to be in top class and because of the hard fork it is proven it's worth and right now we are on a height of the gain value of bitcoin right now we can certainly see that the price is moving to $5000 mark value within this year or maybe even further ahead on that value,

severaldetails

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Quote from: Denker on August 20, 2017, 02:48:17 AM

Quote from: thecodebear on August 19, 2017, 10:00:33 AM

Let's see we're over $4k now. Lets just say it doesn't go up much the whole rest of this year and we only hit $5000 this year.
A conservative bet for bitcoin is to double each year until it gets close to mass market, mass market will likely be 6 figures. That means $10k 2018, $20k 2019, $40k 2020, $80k 2021, >$100k 2022. So yeah it is definitely possible to see $100k in 2021.

Well, to be more accurate, Bitcoin doubles in price every 8 months!
And yes 5k is still possible this years, what would mean a 500% increase since the beginning of this year. So the word "only" doesn't really fit here.We're doing pretty good this year so far. But I get your point and understand what you mean.

Furthermore I agree that mass adoption could very likely mean 6 figures for Bitcoin, with today's purchasing, so no hyperinflation or anything like that.
The thing is I don't know how quick we can achieve that.Everything is still way techy imo and right now we seem to hit some critical mass of speculation, which is still very far away from a mass market. Imo we are still very early and could take at least another 5 years before seing some significant increase in terms of users, meaning 100 million or so. But when this happens, things will go extremely quick. And this is the reason why now is the time get as much Bitcoin, or bits as you can. 100k I could imagine 2022-2024, don't think it'll much earlier. But Bitcoin has to stay as the dominant coin, otherwise this all won't happen, and we won't be even close to it.

I think as well that bitcoin needs to be the dominant coin for that to happen.
If another coin would gain a larger acceptnce than I suppose it would be that coin whos value would increase at about the same factor that bitcoin needs to reach the 100K.
And even if that would happen, it does not mean bitcoin would become worthless. Maybe bitcoin would only reach 20K then. That would still be a huge increase.
In any case I see a large developement in the whole cryptocurrency market coming.

bitcoin31

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100,000 dollars is big amount and I think it will not happen in the year of 2021 possible price of bitcoin in the year of 2021 is 20 to 30k dollars because as of now the price of bitcoin is 4300 dollars and it takes few years before the price increase more. But we dont what exact happen to the bitcoin price if the price increase or not but I hope it will increase so we can make a lot of profit .

Denker

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Quote from: thecodebear on August 19, 2017, 10:00:33 AM

Let's see we're over $4k now. Lets just say it doesn't go up much the whole rest of this year and we only hit $5000 this year.
A conservative bet for bitcoin is to double each year until it gets close to mass market, mass market will likely be 6 figures. That means $10k 2018, $20k 2019, $40k 2020, $80k 2021, >$100k 2022. So yeah it is definitely possible to see $100k in 2021.

Well, to be more accurate, Bitcoin doubles in price every 8 months!
And yes 5k is still possible this years, what would mean a 500% increase since the beginning of this year. So the word "only" doesn't really fit here.We're doing pretty good this year so far. But I get your point and understand what you mean.

Furthermore I agree that mass adoption could very likely mean 6 figures for Bitcoin, with today's purchasing, so no hyperinflation or anything like that.
The thing is I don't know how quick we can achieve that.Everything is still way techy imo and right now we seem to hit some critical mass of speculation, which is still very far away from a mass market. Imo we are still very early and could take at least another 5 years before seing some significant increase in terms of users, meaning 100 million or so. But when this happens, things will go extremely quick. And this is the reason why now is the time get as much Bitcoin, or bits as you can. 100k I could imagine 2022-2024, don't think it'll much earlier. But Bitcoin has to stay as the dominant coin, otherwise this all won't happen, and we won't be even close to it.

PancherBitCoin

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Quote from: Mr.grin on August 20, 2017, 02:02:13 AM

Quote from: Mr.Anonymous on August 19, 2017, 01:21:32 PM

Quote from: thecodebear on August 19, 2017, 10:00:33 AM

Let's see we're over $4k now. Lets just say it doesn't go up much the whole rest of this year and we only hit $5000 this year.
A conservative bet for bitcoin is to double each year until it gets close to mass market, mass market will likely be 6 figures. That means $10k 2018, $20k 2019, $40k 2020, $80k 2021, >$100k 2022. So yeah it is definitely possible to see $100k in 2021.

If as your said, in future every year Bitcoin will growth x2 old price in last year. And final it will stable in 2022, is right? But you should think again about the period growth from 2015 until to this year Wink

.

Hoping that bitcoin prices will actually get higher in the future, even reaching $100K prices. It can still be considered, but nobody really knows about it, because in my opinion, people just think that bitcoin will definitely have a high price in the future.

If indeed it is as you calculated, then it will be very good. By 2021, steel can be much richer. But only bitkoyn today does not show a rise in prices.

Mr.grin

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Quote from: Mr.Anonymous on August 19, 2017, 01:21:32 PM

Quote from: thecodebear on August 19, 2017, 10:00:33 AM

Let's see we're over $4k now. Lets just say it doesn't go up much the whole rest of this year and we only hit $5000 this year.
A conservative bet for bitcoin is to double each year until it gets close to mass market, mass market will likely be 6 figures. That means $10k 2018, $20k 2019, $40k 2020, $80k 2021, >$100k 2022. So yeah it is definitely possible to see $100k in 2021.

If as your said, in future every year Bitcoin will growth x2 old price in last year. And final it will stable in 2022, is right? But you should think again about the period growth from 2015 until to this year Wink

.

Hoping that bitcoin prices will actually get higher in the future, even reaching $100K prices. It can still be considered, but nobody really knows about it, because in my opinion, people just think that bitcoin will definitely have a high price in the future.

fabiorem

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I hope that both BTC and BCH get to 100k each unit in 2019.

Yes.

Mr.Anonymous

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Quote from: thecodebear on August 19, 2017, 10:00:33 AM

Let's see we're over $4k now. Lets just say it doesn't go up much the whole rest of this year and we only hit $5000 this year.
A conservative bet for bitcoin is to double each year until it gets close to mass market, mass market will likely be 6 figures. That means $10k 2018, $20k 2019, $40k 2020, $80k 2021, >$100k 2022. So yeah it is definitely possible to see $100k in 2021.

If as your said, in future every year Bitcoin will growth x2 old price in last year. And final it will stable in 2022, is right? But you should think again about the period growth from 2015 until to this year Wink

.

JefLiber

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At the beginning of this year, I could afford to dream that at the end of 2017 we will see the price of 2300 dollars. But bitcoin surprised me very much and its price is now much higher than many forecasts.
Therefore, I can believe that the price of bitcoin in 2021 can be very high.

ALT67890

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The prediction is possible but for now it is too much to asked. 2021 is too long to be affected by your decisions toward buying and selling bitcoin. Be realistic only those who have much money would risk much of his earning to this. But for those who earn Bitcoin for a living in daily basis can't afford to wait that long.

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