Bitcoin may drop to $15k or so but it'll definitely hit $300k+ in coming years - page 4.

Vinaa77

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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.

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

Yes. If the bull run takes place in 2024, I believe the price of Bitcoin will reach $100k. But to reach the price of $ 300k, I think it will take 10 years. That's why the price is quite high, and the market cap is quite high if the Bitcoin price reaches $300k.

Yaunfitda

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Quote from: BitcoinBarrel on October 18, 2022, 09:59:39 AM

These are just my thoughts and opinions. Of course anything can happen.

I'm no financial expert so take my predictions with a grain of salt.

I was pretty spot on predicting this bear market back in May 2021 (btc price $37,258):
https://bitcointalksearch.org/topic/what-goes-up-must-come-down-5338953

Thanks for the prediction mate, of course, everything here is just base on pure and wild educated guess. But who knows, maybe $300k is down the line for us. At least we all prepared for the best and worst of this current 4 year cycle.

So definitely looking in the next bull run in 2024-25. Definitely gong to be an exciting one as prediction are leaning towards to at least 6 digits.

Vaculin

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Quote from: Maidak on October 16, 2022, 12:48:02 AM

Is $300k too high a target for the next bull season? The reality is that everyone is just trying to talk about the $100k goal before we hit the higher one, the fact that bitcoin is going to rise again is certain, but when exactly it will happen we do not know. With inflation still at its current high, I think bitcoin will fall further and $15k is possible but it will happen next year when the Fed raises interest rates to the highest they have planned.

Even $100k might still be hard to achieve by next year as we should target first $60k-$70k bitcoin price, hopefully bitcoin halving will make it possible. However, bitcoin to reach $300k, maybe let’s wait for 5-10 years before it will eventually happen. For now, let’s just hope that the bear market will turn into bullish so that bitcoin and altcoins will have chances to move forward and break another ATH.

Kasabus

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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.

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

Well, this is very possible for bitcoin price to drop more and reach another bottom, it can be happening this year or even the following year. But thinking that bitcoin price will suddenly reach $300k, for me this looks very impossible. Although bitcoin is bound to achieve that certain amount, but seeing the market stays very bearish, then most probably bitcoin price will drop more than reach a very significant amount.

KingsDen

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

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

This kind of speculation is what I call baseless speculation. It is baseless because it lacks chart representation, no proven facts and no statistics. It is just like telling you that bitcoin will make $1million in the coming years.
When exactly is the coming years, are we going to be alive by then and will bitcoin even survive till that unknown number of years?

For a speculation to be reliable, there should be a time frame. Bitcoin is below $20k, our prediction should be to make $50k at most to make a new all-time high and not to say bitcoin will hit $300,000 when we have not even seen a hundred thousand dollars.

OgNasty

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I agree with you somewhat on the title to this thread, but I would probably say that it could hit $12K, but will definitely hit $135K by the end of 2025. So I guess I’m a little more bearish than you, but a X7 in just over 2 years still seems pretty bullish to me. If you turn out to be right and I’m wrong though, I wouldn’t complain. I do think the ultimate test of will is still ahead though. I don’t feel like the market sentiment is low enough for us to have seen the bottom yet.

aylabadia05

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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.

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

Not giving reasons behind the possibilities presented will invite undirected discussion making it difficult for people to come to a conclusion that can be drawn.

I also have an opinion about the possible price of Bitcoin. If in the near future or at the close of the end of October the price of Bitcoin can reach $25K, then I believe it will last until the end of the year.
If I don't explain what is behind my thoughts in stating that, then it's easy for other people to say what they think about Bitcoin prices in the future even though no expert has guessed right on target.

Like Larry Lepard who strongly believes in Bitcoin in the increase of Bitcoin.
Lepard says "Bitcoin could go to zero, but I believe Bitcoin will go up 100X"

Regarding Larry Lepard's statement, here is the source

BitcoinBarrel

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These are just my thoughts and opinions. Of course anything can happen.

I'm no financial expert so take my predictions with a grain of salt.

I was pretty spot on predicting this bear market back in May 2021 (btc price $37,258):
https://bitcointalksearch.org/topic/what-goes-up-must-come-down-5338953

Lucius

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Everyone has the right to their own opinion, but no one should take posts like this as some kind of official opinion of the forum because it comes from a Legendary member who has not written a single reason why he thinks $300k is a realistic option in such a short period of time. We know that the next halving will be sometime in the first half of 2024, and we also know that, looking at history, a big bull run followed after that - but no matter how optimistic someone is, a price increase of even x15 seems a bit unrealistic to me.

Also for those who are waiting for a new price crash, it may or may not happen - and if you buy BTC for a few hundred $, the difference in the price today and a lower price of say $15k is not that significant. I have experienced this situation several times, the first time when people were waiting for the price to drop below $1000, and the second time for it to drop below $10 000 - it never happened.

Anything under $20k is cheap (not financial advice).

Kelvinid

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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.

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

Well, I respect your market opinion and views but you overly speculated the market. Though we can say it was just a sort of market speculation, no one cares about it but at least it was even closer to reality because saying reaching $300k is impossible. I was positive about the coming bull season but never I think the price of Bitcoin will reach that high, it was more than a bullish price to imagine. In fact, even experts are just saying it reaches $100k, maybe that is even better and close to what will happen exactly.

traderethereum

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Quote from: Zanab247 on October 17, 2022, 11:46:01 PM

Yes, the price of Bitcoin will pump higher soon but it will not reach $300k in 2024 because the price of Bitcoin is still low in the market, which many investors are still experiencing bear season that will take the whole year to allow both long term investors and short term investors to plan well against next year 2023, because the price of Bitcoin will definitely reach$100k next year for those that invested on Bitcoin to earn well from their investments.

Although bitcoin will not reach $300k in 2024, if it can go back to the last ATH or reach $100k, it will be enough for a while because it can give us big profits.
It seems that investors are still looking for opportunities to buy at low prices, although some of them may have started buying at $17k-$18 yesterday.
And if there is no significant increase from bitcoin in the last three months of the year, it looks like we can only collect more bitcoins and it would be good for us to have more bitcoins.
So if the price starts to rally, we can sell some to take the profits.

yhiaali3

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According to my opinion, Bitcoin will not exceed 100k$ at the next peak, we are not qualified for more than this yet, the next peak may be after Halving as expected and I rule out that it will reach 300k$ within the next few years, but of course we will reach this number in the next 10 years .
During this time we may have gained global acceptance of Bitcoin.

btc78

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Quote from: Iranus on October 16, 2022, 11:53:44 PM

Quote from: btc78 on October 16, 2022, 10:15:44 PM

actually what I only care now is where to take funds to use in investing more in bitcoin as the years quickly passing and surely that 5 digits for this coin is coming very soon.

Bitcoin breaks old ATH or hits $100k, $300k then this is bound to happen, what you are saying is really the important thing we need to pay attention to from now on. It all becomes meaningless if bitcoin reaches 5 digits we have no bitcoins or too few bitcoins in our pocket, so let's focus on finding ways to collect bitcoin cheaply now, time will not wait for us and opportunity won't come twice if we don't know to seize it when it comes. Right now, we think $20k is too high to buy, but with just one more bull season we won't stand a chance of seeing the current low of $20k.

this is something others don't understand or not digging to discuss , what they want to have is an easy money but in the end? goes to nothing .

ATH will always be the target of changes , it will be covered eventually but always will take time to attain.

and also buying in this current price will also bring big justice to our money when that time happens.

Zanab247

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Yes, the price of Bitcoin will pump higher soon but it will not reach $300k in 2024 because the price of Bitcoin is still low in the market, which many investors are still experiencing bear season that will take the whole year to allow both long term investors and short term investors to plan well against next year 2023, because the price of Bitcoin will definitely reach$100k next year for those that invested on Bitcoin to earn well from their investments.

bitzizzix

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Quote from: Fundamentals Of on October 17, 2022, 08:52:15 PM

But the big difference is that $15,000 is just a possibility, something that may or may not happen at all while $300,000 is a certainty, something that will definitely happen, we just don't know when.

So to whoever is waiting for the price to go down to $15,000 or even $10,000 so that they will do the buying, how about you forget about it and buy now? It doesn't matter whether you bought Bitcoin at $19,000 or $20,000 when the price is already at $300,000.

Both can happen even more than that, everyone is free to speculate because the price of bitcoin is not easy to predict which is of course the long term is the best choice to get very extraordinary profits.
many people predict the future price of bitcoin will be much higher, and if your target or you predict bitcoin price will reach $300,000 by 2024 then now and as long as the market is below 20k is a good time to collect your holdings and even if later it only reaches 100k you have made a big profit. But we must know that predictions can be thwarted by some factors that we do not know what will happen in the future and we must be prepared for it.

bitterguy28

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Quote from: Scripture on October 17, 2022, 05:50:26 PM

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.

Even $100k is not an easy price to achieve, it will take a lot of time or maybe years while many believe that it can happen in the next halving. The market is still at bear and the risk to go even lower than the support level is high as well, better to focus more on your buying strategy and sell later when you already get big profit. Bitcoin will surely bounce back, the real question here is when it will happen? i guess no one can answer this.

well as what have been discussed here mate, it is assumed to happen in the next 3-4 years as the effect of Halving may take place?

but even then I'm sure that 100k is an easy target int he long run , and that would be happening in support of all of us here/

Lets buy more to achieve more increases.

Fundamentals Of

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But the big difference is that $15,000 is just a possibility, something that may or may not happen at all while $300,000 is a certainty, something that will definitely happen, we just don't know when.

So to whoever is waiting for the price to go down to $15,000 or even $10,000 so that they will do the buying, how about you forget about it and buy now? It doesn't matter whether you bought Bitcoin at $19,000 or $20,000 when the price is already at $300,000.

peter0425

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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.

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

There is nothing Impossible really in bitcoin mate , we have seen that over the years for at least 13 years?

each year(though there are bad days) increasing happens towards Bitcoin and this is something I will always be thankful .

300k and to the moon , will be our goal at least this next halving .

EdenHazard

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Quote from: KennyR on October 17, 2022, 10:44:00 AM

Price predictions of price higher than $300k were put forth by different experts and analysts who are into cryptocurrency. We need to go along with the reality. As most users mentioned $100k seems to be fair and a possible value.

The market running over the demand to supply mechanism can trigger the price pumping, but beyond some value it will be termed to be a bubble. Unpredictable market movement takes place with bitcoin. Upon the same, its good to make our own price prediction to buy and hold for the long term.

Well ... it takes a high risk to get a high return right?

So no wonder , if then the price dropped really hard to $15k or even lower than $10k ... the point is that the bitcoin value will always increased overtime , indeed it's just the matter of time as we have witnessed it all for many times now. The more hard bitcoin value falling now .. the more potential for bitcoin value to jump into ATH so ueah even $300k it's still reasonable makes sense for bitcoin.

Scripture

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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.

Even $100k is not an easy price to achieve, it will take a lot of time or maybe years while many believe that it can happen in the next halving. The market is still at bear and the risk to go even lower than the support level is high as well, better to focus more on your buying strategy and sell later when you already get big profit. Bitcoin will surely bounce back, the real question here is when it will happen? i guess no one can answer this.

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