Bitcoin may drop to $15k or so but it'll definitely hit $300k+ in coming years - page 2.

Dave1

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Quote from: piebeyb on October 24, 2022, 02:05:04 AM

Quote from: Vaskiy on October 23, 2022, 01:12:25 PM

In all such occasion the price speculation need to coincide with the real market situation than imaginary. In such stance $100k seems to be realistic and $300k+ looks imaginary.

yes it's all back again based on speculation not something real, $300k is a very high price where the crypto market in 2021 alone couldn't break through the $100k in 2021 and a lot of people hoped for that but they were lagging behind selling when the price hit ATH around $69k in the middle of 2021 suddenly the price dropped so deep, while at that time the crypto market was bullish, so it's always a lesson for the next year so as not to fall behind like yesterday, get the benefits of investing now buy cheap at this time

Just shows how difficult to really predict the price, when we had the pandemic, the price crashed to $3k, and the the halving and the eventual run in 2020. But it's not done yet as we rally to an all time high of $69k and we thought that 6 digits is next. But the bubble has been burst and no more $100k for us. And that's why if we read the replies, majority thinks that $300k is too big as a prediction in the next bull run.

_BlackStar

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OP, I hope there is no definite word about the future of bitcoin especially about the price.
Each ^{[not actual]} price is a prediction, uncertain due to its volatility. The world economy will be bad in the event of a recession and I'm sure it will have an impact on the price of bitcoin.

Regardless of which direction the price is going ^{[up or down],} it will always get the attention of traders or investors. It would be great if bitcoin could reach anything higher than $69K in the years to come, but patience is the most important thing right now. There is always good or bad hope because bitcoin is an asset that has the potential to achieve something that is not even predictable, however, it is still wise to manage finances regardless of our investment desires are maintained.

CryptoYar

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Quote from: Vaskiy on October 23, 2022, 01:12:25 PM

[...]
In all such occasion the price speculation need to coincide with the real market situation than imaginary. In such stance $100k seems to be realistic and $300k+ looks imaginary.

Believe me or not when bitcoin was at $4000, someone said it could touch $40k, and I said it's imaginary, and it's not possible.

But we are all witnessed that Bitcoin not only crossed the $40k mark but touched almost $70k mark.

The price that seems you imaginary right now, possibly people will buy the dip at this price after next 1 or 2 halvings. As they bought the dip around $60k which was high price for us but people bought it at that price.

piebeyb

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Quote from: Vaskiy on October 23, 2022, 01:12:25 PM

In all such occasion the price speculation need to coincide with the real market situation than imaginary. In such stance $100k seems to be realistic and $300k+ looks imaginary.

yes it's all back again based on speculation not something real, $300k is a very high price where the crypto market in 2021 alone couldn't break through the $100k in 2021 and a lot of people hoped for that but they were lagging behind selling when the price hit ATH around $69k in the middle of 2021 suddenly the price dropped so deep, while at that time the crypto market was bullish, so it's always a lesson for the next year so as not to fall behind like yesterday, get the benefits of investing now buy cheap at this time

Silberman

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Quote from: fzkto on October 23, 2022, 10:56:17 AM

Quote from: piebeyb on October 23, 2022, 05:20:58 AM

many people believe in $100k in 2021 and it doesn't happen, it doesn't even touch $70k the price of bitcoin then falls, this is a new belief that may also have the same fate in the future, it's hard to imagine how many people will also think the same way, forget it but rest assured bitcoin will go to other ATH following the usual cycle in faith but not that high, the important thing is to buy more now because the price is now much cheaper and not sure it will be below $15k

Of course it's hard to imagine that bitcoin will be worth 300k in the next cycle, but I guess after bitcoin dropped to 3k in 2020, no one could have guessed it would be worth 60k in 2021. So it cannot be ruled out that after this bearish cycle there will be a new high. 300k from the last high is x5, which is not much. Similarly, a drop to 15k cannot be ruled out, which is only 4k now.

Without a doubt it would be a mistake to rule out any possibility as we know the volatility in this market can be extreme, however 300k seems like a difficult price to achieve during the next cycle no matter how we look at things, but would I like for this price to be reached? Of course, as even if I do not have a massive amount of bitcoin such a price will really help me make my life way easier than what it is right now, and I think the same is true for a great deal of the users that are here in the forum.

stomachgrowls

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Quote from: Vaskiy on October 23, 2022, 01:12:25 PM

The market being speculative have caused the change to happen in any direction. Before every bull market there used to have a bear market. This bear market is speculated to reach different price barriers downwards as well as to reach peak price while the transition happen towards bullish market.

In all such occasion the price speculation need to coincide with the real market situation than imaginary. In such stance $100k seems to be realistic and $300k+ looks imaginary.

Even $100k look imaginary but we arent that too far off with those numbers and this is really just right for you to presume and expect for it to be break as its possible ATH.Think for another numbers once we had break

that resistance and this would really take up that long or some time.Its better not to be that hopeful or making some fix days or years where you do believe that the price would hit up this way.
Lets always consider on whats happening around so that we cant really be that expecting and wont really get that disappointed or frustrated.

Everything is possible with bitcoin but at least we should really be that realistic on what is currently happening.We could see the potential but its not assured that we
would really be heading there.

Vaskiy

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The market being speculative have caused the change to happen in any direction. Before every bull market there used to have a bear market. This bear market is speculated to reach different price barriers downwards as well as to reach peak price while the transition happen towards bullish market.

In all such occasion the price speculation need to coincide with the real market situation than imaginary. In such stance $100k seems to be realistic and $300k+ looks imaginary.

piebeyb

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Quote from: fzkto on October 23, 2022, 10:56:17 AM

Quote from: piebeyb on October 23, 2022, 05:20:58 AM

many people believe in $100k in 2021 and it doesn't happen, it doesn't even touch $70k the price of bitcoin then falls, this is a new belief that may also have the same fate in the future, it's hard to imagine how many people will also think the same way, forget it but rest assured bitcoin will go to other ATH following the usual cycle in faith but not that high, the important thing is to buy more now because the price is now much cheaper and not sure it will be below $15k

Of course it's hard to imagine that bitcoin will be worth 300k in the next cycle, but I guess after bitcoin dropped to 3k in 2020, no one could have guessed it would be worth 60k in 2021. So it cannot be ruled out that after this bearish cycle there will be a new high. 300k from the last high is x5, which is not much. Similarly, a drop to 15k cannot be ruled out, which is only 4k now.

i don't have a crystal ball to see the future but i believe the price will be higher than we imagined, but to touch $300k is something impossible if we start the low price below $15k , if only the bitcoin price stays at $20k for the year in the future I think we can start from there to break through $100k next year which should have been achieved in 2021 yesterday as I have discussed here

fzkto

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Quote from: piebeyb on October 23, 2022, 05:20:58 AM

many people believe in $100k in 2021 and it doesn't happen, it doesn't even touch $70k the price of bitcoin then falls, this is a new belief that may also have the same fate in the future, it's hard to imagine how many people will also think the same way, forget it but rest assured bitcoin will go to other ATH following the usual cycle in faith but not that high, the important thing is to buy more now because the price is now much cheaper and not sure it will be below $15k

Of course it's hard to imagine that bitcoin will be worth 300k in the next cycle, but I guess after bitcoin dropped to 3k in 2020, no one could have guessed it would be worth 60k in 2021. So it cannot be ruled out that after this bearish cycle there will be a new high. 300k from the last high is x5, which is not much. Similarly, a drop to 15k cannot be ruled out, which is only 4k now.

ajiz138

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Quote from: Chato1977 on October 23, 2022, 02:56:09 AM

Quote from: bitterguy28 on October 17, 2022, 12:21:00 AM

I don't wanna believe that 300k sooner because this may lead me to frustration , What I really wanna see anytime soon is the breaking of 100k that I believe seems to be more practical and liberated value?

while 300k is surely to happen but the problem is when it will be?

buy bitcoin at the price you are comfortable and keep it hold simple as that.

and also 300k? we should look for 100k first before that high lol.

though we all knew that this will come , but the problem is when? and I believe that this will not happening in the next 3-5 years.

Not unless the whole world will adopt bitcoin and the capitalization reached at least 5-10 trillion dollars

We have to look at some processes that might occur in the price of Bitcoin with 100k there is a possibility but indeed this will take a few years or after the halving which is said to be a 4 year cycle, the problem of when it will happen is not yet known and time can see all prices later with Patience maybe it's one of the best to see higher prices.
It's bound to happen about adoption around the world but I think it's also the same that took more than a decade.
5 - 10 years we should be able to wait until the Bitcoin price is high.

Pierre 2

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My completely biased thinking says we are gonna hit somewhere between 8000 dollars to 15000 dollars this bear season and bounce back from there to somewhere around 30000 rather easily. And in next bull season we will hit something like 85000, maybe even 100000. 300000 seems rather far away to me like, maybe 5-6 years into future. But 85000 will happen around 2024 in my opinion. I hope what we wish is gonna happen.

uneng

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You have to imagine from where it is coming the money to generate enough volume in marketcap for bitcoin to hit 300,000$. Since biggest amounts of money in the world are concentrated in few hands, I suppose the wealthiest individuals globally would have to invest heavily in bitcoin to create the propitious scenario for an ATH like that. It seems too much money for me and it seems it is needed too much good will from the most egoistical people alive, so there are slight chances of happening...

piebeyb

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Quote from: bestcoins1 on October 23, 2022, 06:18:47 AM

Quote from: piebeyb on October 23, 2022, 05:20:58 AM

many people believe in $100k in 2021 and it doesn't happen, it doesn't even touch $70k the price of bitcoin then falls, this is a new belief that may also have the same fate in the future, it's hard to imagine how many people will also think the same way, forget it but rest assured bitcoin will go to other ATH following the usual cycle in faith but not that high, the important thing is to buy more now because the price is now much cheaper and not sure it will be below $15k

What you say is not wrong at all, but anyone who expects a higher price on Bitcoin is also very reasonable, because if such a high price could happen to Bitcoin, then there will be more people who will benefit (including you too) if you have and store more Bitcoin at this time. Actually everyone will also be happy if Bitcoin can reach another ATH in the future even if it is not at a price of $100K, because I think that being able to reach the price of $80K is already very happy with Bitcoin.

yes I am very happy with that price even I have sold it for $60k and we are all happy to get that profit, it's just that some may not be happy i.e. the beginners who got hit by that FOMO and then they lost money and we are happy to get their money now, hope those who bought high bitcoin last year didn't sell it cheap, even though i know it's a trading risk but in this way we just look selfish making fomo for everyone in the future

bestcoins1

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Quote from: piebeyb on October 23, 2022, 05:20:58 AM

many people believe in $100k in 2021 and it doesn't happen, it doesn't even touch $70k the price of bitcoin then falls, this is a new belief that may also have the same fate in the future, it's hard to imagine how many people will also think the same way, forget it but rest assured bitcoin will go to other ATH following the usual cycle in faith but not that high, the important thing is to buy more now because the price is now much cheaper and not sure it will be below $15k

What you say is not wrong at all, but anyone who expects a higher price on Bitcoin is also very reasonable, because if such a high price could happen to Bitcoin, then there will be more people who will benefit (including you too) if you have and store more Bitcoin at this time. Actually everyone will also be happy if Bitcoin can reach another ATH in the future even if it is not at a price of $100K, because I think that being able to reach the price of $80K is already very happy with Bitcoin.

piebeyb

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many people believe in $100k in 2021 and it doesn't happen, it doesn't even touch $70k the price of bitcoin then falls, this is a new belief that may also have the same fate in the future, it's hard to imagine how many people will also think the same way, forget it but rest assured bitcoin will go to other ATH following the usual cycle in faith but not that high, the important thing is to buy more now because the price is now much cheaper and not sure it will be below $15k

Chato1977

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Quote from: bitterguy28 on October 17, 2022, 12:21:00 AM

I don't wanna believe that 300k sooner because this may lead me to frustration , What I really wanna see anytime soon is the breaking of 100k that I believe seems to be more practical and liberated value?

while 300k is surely to happen but the problem is when it will be?

buy bitcoin at the price you are comfortable and keep it hold simple as that.

and also 300k? we should look for 100k first before that high lol.

though we all knew that this will come , but the problem is when? and I believe that this will not happening in the next 3-5 years.

Not unless the whole world will adopt bitcoin and the capitalization reached at least 5-10 trillion dollars

xSkylarx

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Quote from: BitcoinBarrel on October 15, 2022, 11:12:08 PM

That's just my thoughts. Maybe by 2024, unless all hell breaks loose.

It's hard to imagine how bitcoin will reach $300k by 2024. I mean what kind of investors or news will be the catalyst for it to soar that high. There are no signs yet of global adoption and government are still skeptic about considering it as an asset. Breaking its current ATH at $69k is what I think probable to happen on the next bull cycle.

Baofeng

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Quote from: Sanitough on October 20, 2022, 04:17:18 PM

Quote from: BitcoinBarrel on October 15, 2022, 11:12:08 PM

That's just my thoughts. Maybe by 2024, unless all hell breaks loose.

As long as internet keeps chugging along though, BTC will prevail.

Bitcoin will always grow its value every year.

You mean every bull run, yes, this is true, we have seen it already like last year when it grows to $69k tops.

Quote from: Sanitough on October 20, 2022, 04:17:18 PM

Despite of its inevitable price fall backs, it will never fail to recover and at the end of the day when most of the altcoins are dying and losing their value, bitcoin will always stand up and survive. And maybe the reason why even if the current market is in crisis, we are still expecting bitcoin to reach another all time high once the bull season is here. $300k is not that bad though, but I would say let’s target $100k first and when we’re already there, then we’ll set another higher target price for bitcoin.

And that is what we call the 4 year cycle, in 2021, it was the bubble that push the price to all time high and then after that the bear market takes over and it's down like -70% already. Nevertheless we all know that it will recover in the next coming years. We are just given enough time to accumulate today and next year and maybe the target of $300k could be reach in our next all time high. If not then at least $100k could be the easy target.

milewilda

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Quote from: execijutiere on October 20, 2022, 08:21:49 AM

Since we are in the Bear market, it is very likely that we will see 15 thousand dollars, maybe even below. I think we will see the 12 thousand-13 thousand dollar band. It seems difficult for a new ath to come this year. It is difficult to expect a new ath from the announced data and a market that acts accordingly. We may see a new ath in 2023 or 2024. The first target will be 100 thousand dollars.

People should at least be realistic when it comes to possible targets or prices do have in mind where 300k is too far off.Saying up realistically on how this market behaves or move then it wont really be simple
on achieving those numbers even if we do say about halving event.Yes, people are really longing for new ATH but it cant really be that an assured thing that it would really be happening.
There's always "What if's" in regarding on this one. We can drop and also we can reach up new ATH's. Market is unpredictable since from the first place which means we cant really make
out any conclusions on where it would be heading on future halvings to come.

Captain Corporate

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Quote from: Sanitough on October 20, 2022, 04:17:18 PM

That is the only thing that is making me invest right now. I agree %100 that bitcoin will always go up, there is no scenario where bitcoin will stop going up eventually and just stay at single price. The only possible way for that to happen would be technology improving so much that we invent something better than bitcoin and blockchain. Looking at even after 30+ years of common internet, we haven't really built anything that is better, then I am not sure the possibility is too high. Which is why bitcoin will stay as the best possible technological improvement in currency world, and that is why it will always go up in value. Sure we will have bear periods, but it will always go up in the long run eventually one way or another.

Topic: Bitcoin may drop to $15k or so but it'll definitely hit $300k+ in coming years - page 2. (Read 660 times)