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Topic: Bitcoin could reach $100,000 in 2020: Ross Ulbricht (Read 1594 times)

hero member
Activity: 1092
Merit: 501
I've heard predictions like this, long time ago. In fact, in the year 2017, I was one of those who believed that Bitcoin could increase to above $100,000, that was what necessitated my buying at a very high price. I won't be fooled again, the value of Bitcoin could increase to any extent, I'll stick to my budget.
And that is the right thing to do, many people are trying to influence you, you must remember that every single person in the market is your opponent and they want you to lose money to them, so whenever you read a prediction specially one that comes from someone that is famous you need to ask yourself if they want you to do something that you do not want? It is better to follow our own strategy, even if I know that I am not as good as some traders out there at least I know my strategy can make money and that is enough for me.
hero member
Activity: 700
Merit: 501
i think Bitcoin Will Likely Hit $50,000 In 2021 not at this year, and for $100.000 maybe next hardfork.
i can't imagine how hardest we can earning bitcoin from mining, bounty etc, if bitcoin reach $100.000, and how much we must pay transaction fee?
the bitcoin fee  arround 12 satoshis/byte for standart 2 output, maybe its can increase to 60-80 sathosi /byte during price rising
sr. member
Activity: 1176
Merit: 252
Ross Ulbricht, the originator of the dark web marketplace Silk Road, has anticipated that Bitcoin could reach $100,000 in 2020.

Ross Ulbricht is an American convict who created and ran the darknet marketplace Silk Road from 2011 to his capture in 2013. In February 2015, he was indicted for tax evasion, PC hacking, selling in bogus personality reports, and endeavoring to exchange drugs by means of the web.

Source: TheCoinRepublic

i have marked the most important part of this article in bold.
it can be. but it does not have to be. and it can also go in a completely different direction.
basically i am currently but optimistic. 100k is a little bit exaggerated but a new ATH is quite realistic. Cool
True, but $ 100K USD is also possible, because Bitcoin is difficult to predict. of course I will be very happy if Bitcoin can reach $ 100K USD in this year.
In January 2017 the price of Bitcoin is in the range of $ 1000 USD and in December 2017 the price of Bitcoin reaches $ 20,000 USD.
hero member
Activity: 1778
Merit: 504
WorkAsPro
To be honest, nobody really knows what might happen in the bitcoin price, or we should really think about it when we're just investors. It's just too hard to predict the price and even experts can't identify what might happen. From now on, I think we should continue to focus on looking for something other than bitcoin to invest in. But if what Ross says is going to happen, it will be really big.

All should be referenced because this market usually never goes as expected and I never believe Bitcoin can reach $100,000 this year. I think everyone should predict the Bitcoin price at an acceptable level since this is a crypto market and is very different from other markets. Of course I would still choose to invest but will sell Bitcoin at $13,000 if the market is on an uptrend in the near future.

The last few days Bitcoin has been very stable and if maintain this stability, we will have a lot of hope when investing this year.
sr. member
Activity: 2002
Merit: 314
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As long as bitcoin wont reach 30k before halving ,$100k is only a dream. These predictions is somehow the reason why bitcoin cant touck $15k. So many predictions that is why crypto people dont know what to do,they dont know who to believe in.
Almost all the prediction is for the better price so I don’t think people are confuse about it. I do agree on a part that we should be on a higher price before the halving so we can see more after that. Less in supply and increase on demand should have a bigger impact on bitcoin. I’m still on the sideways and I’m ready for anything with bitcoin, still the worst case scenario can still happen.
hero member
Activity: 1400
Merit: 505
As long as bitcoin wont reach 30k before halving ,$100k is only a dream. These predictions is somehow the reason why bitcoin cant touck $15k. So many predictions that is why crypto people dont know what to do,they dont know who to believe in.
To counter your statement first you need to think about the price of bitcoin getting over $10000 and then we can discuss about these huge rallies, i would be glad if the price rallies to these levels as i can make a lot of profit. I am not expecting the predictions to be available anytime soon but in the future i am expecting this to reach those levels in the next 5 to 10 years.
hero member
Activity: 1106
Merit: 527
You even Bitcoin value goes to 2000 million US dollars also but the fact and truth will make Bitcoin reaches good value but not goes in the myth way.
When was the Bitcoin investment richest good volume in the market and at the same time increasing the number of giant investors, the time we we find Bitcoin value goes to this.
sr. member
Activity: 672
Merit: 254
I have very little faith that Bitcoin can grow to $100k in 2020, so I believe that in a couple of years Bitcoin will grow to $100k.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
Does anyone know when is the next time Ross could appeal to the ruling? I mean we are talking about someone that is legally criminal and I understand but I can't be the only one that thinks it was a bit of "example" to give him such a bad punishment. Leaving that aside 100k is not really something that is doable for this year, people are forgetting how much money is required for that much increase and we don't have that much money involved in crypto just yet. Unless everyone leaves ALL altcoins and go for bitcoin, we are not going to see 100k just yet.

Hopefully, we will see it in this decade tho, even that is great, that is 10x increase in valuation inside 10 years which barely anyone offers so I still think he is right but just not on the timing part of it.
sr. member
Activity: 602
Merit: 253
It may or may not reach that price. As you already know, the market movements is very unpredictable. So every possibility is wide open.
I mean like, such predictions like them are pretty common. A lot of experts saying this and that. Well, we're still in the early stage of 2020. There are still a lot of days and moths left. So, let's see and wait whether what they're saying will come true or nay.
sr. member
Activity: 1232
Merit: 266
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It won't stop, despite the fact that almost every forecast of the future price of Bitcoin went drastically wrong. We also give people attention by discussing predictions there. Let's hope 2020 will bring happiness to all crypto traders but don't pursue these predictions. Crypto market has its own up and down mood and no one can predict it. All we know is that the overall trend is bullish.


The cryptocurrency market is a free market, and in addition a high risk market. Anything can happen with such a rapidly evolving technology. In a short time it may turn out that a new altcoin will be created, which will replace Bitcoin and the price will start to fall sharply, or Bitcoin will be so improved that the whole world will fall in love with it and the price will rise to $1M. Everyone can predict what he want, because it is just speculation.
sr. member
Activity: 394
Merit: 250
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It won't stop, despite the fact that almost every forecast of the future price of Bitcoin went drastically wrong. We also give people attention by discussing predictions there. Let's hope 2020 will bring happiness to all crypto traders but don't pursue these predictions. Crypto market has its own up and down mood and no one can predict it. All we know is that the overall trend is bullish.
legendary
Activity: 1638
Merit: 1042
Ross Ulbricht, the originator of the dark web marketplace Silk Road, has anticipated that Bitcoin could reach $100,000 in 2020.

Ross Ulbricht is an American convict who created and ran the darknet marketplace Silk Road from 2011 to his capture in 2013. In February 2015, he was indicted for tax evasion, PC hacking, selling in bogus personality reports, and endeavoring to exchange drugs by means of the web.

Source: TheCoinRepublic

i have marked the most important part of this article in bold.
it can be. but it does not have to be. and it can also go in a completely different direction.
basically i am currently but optimistic. 100k is a little bit exaggerated but a new ATH is quite realistic. Cool
hero member
Activity: 1946
Merit: 502
As long as bitcoin wont reach 30k before halving ,$100k is only a dream. These predictions is somehow the reason why bitcoin cant touck $15k. So many predictions that is why crypto people dont know what to do,they dont know who to believe in.
copper member
Activity: 238
Merit: 1
I've heard predictions like this, long time ago. In fact, in the year 2017, I was one of those who believed that Bitcoin could increase to above $100,000, that was what necessitated my buying at a very high price. I won't be fooled again, the value of Bitcoin could increase to any extent, I'll stick to my budget.
hero member
Activity: 839
Merit: 608
That number sounds a little bit too high. If I had to guess, I would say somewhere in the $20-30,000 range sometime next year. While $100,000 would be great, I think that prediction is a little too outrageous. It's going to take more than 10x the money coming into the market for that to even be an option. I just don't see that happening in a years time.

Don't underestimate the impact when the halving reducing selling pressure. We could easily rise to 20k before that and set it up for a nice run after.
hero member
Activity: 1092
Merit: 501
To be honest, nobody really knows what might happen in the bitcoin price, or we should really think about it when we're just investors. It's just too hard to predict the price and even experts can't identify what might happen. From now on, I think we should continue to focus on looking for something other than bitcoin to invest in. But if what Ross says is going to happen, it will be really big.

While on the surface it may seem to be a good idea to look for something else to invest other than in bitcoin at the same time I do not see a reason to do so, why I am going to invest in stocks or in traditional markets when bitcoin in average moves faster than those markets, and it doesn't make sense to invest in altcoins either because even if those coins can move faster than bitcoin the long term trend of those coins has been going down for years.
full member
Activity: 658
Merit: 117
Ross Ulbricht, the originator of the dark web marketplace Silk Road, has anticipated that Bitcoin could reach $100,000 in 2020.

Ross Ulbricht is an American convict who created and ran the darknet marketplace Silk Road from 2011 to his capture in 2013. In February 2015, he was indicted for tax evasion, PC hacking, selling in bogus personality reports, and endeavoring to exchange drugs by means of the web.

Source: TheCoinRepublic

I still think it's illogical to speculate the price of bitcoin reaching 100k I can suggest 20-30k, and that would be stretching it. But a major factor to determine the price will be this year's halving, and some analysts are of the opinion that the forthcoming halving event has been priced in already and there may not be so much increase in the typical long-awaited bull run.
sr. member
Activity: 719
Merit: 250
he is a criminal by having a few cases and you still believe in the bullshit he said if bitcoin will reach the price of $ 100,000 in 2020 Cheesy price of bitcoin reaches $ 20 000 as before in my opinion it's already very good
don't need to dream too high Wink
There are so many people who specifically talk about crypto to add to their popularity, you do not need to believe such people, you need to believe only yourself.
full member
Activity: 994
Merit: 100
he is a criminal by having a few cases and you still believe in the bullshit he said if bitcoin will reach the price of $ 100,000 in 2020 Cheesy price of bitcoin reaches $ 20 000 as before in my opinion it's already very good
don't need to dream too high Wink
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