Bitcoin Prediction to hit 100,000$ - page 2.

eminemcookie

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Quote from: rickadone on December 04, 2018, 11:35:26 AM

I know it looks like it would be impossible for now however that is the most realest number we can reach.

I do not mean right now or anytime soon but for the foreseeable future 100 thousand dollars per bitcoin looks like the highest we can reach before the economics collapse. It will be around 17 trillion dollars to 18 trillion dollars in bitcoin marketcap and that is even though incredibly higher than what we have right now still looks like the max cap compared to all other worlds stock markets and commodity markets.

If the price reaches anywhere close to 100 thousand dollars ever, I will sell all my coins that I have and will sell all that I will ever earn without keeping any of them in my wallet. At that point people will start to realize it is not going anywhere higher.

It would be 1.7tn to 1.8tn, you're off by a factor of 10. The global stock market is about 100tn (I don't know an accurate figure with all recent falls factored in). That would put bitcoin at 1/50th of the global stock market, pretty huge but not unfeasible from an economic point of view.

Then considering that the derivatives market is in to the quadrillion's (thousand trillion) and there's plenty of fiat to go around and enable bitcoin to reach $100k or higher.

rickadone

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I know it looks like it would be impossible for now however that is the most realest number we can reach.

I do not mean right now or anytime soon but for the foreseeable future 100 thousand dollars per bitcoin looks like the highest we can reach before the economics collapse. It will be around 17 trillion dollars to 18 trillion dollars in bitcoin marketcap and that is even though incredibly higher than what we have right now still looks like the max cap compared to all other worlds stock markets and commodity markets.

If the price reaches anywhere close to 100 thousand dollars ever, I will sell all my coins that I have and will sell all that I will ever earn without keeping any of them in my wallet. At that point people will start to realize it is not going anywhere higher.

BitcoinPanther

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Quote from: gilangIDR on December 02, 2018, 11:10:08 AM

This is a very distant thing and in my opinion is an absurd thing. there must be a step to reach certain price rates.
for example, when the current price of Bitcoin is at rates of 4,00OUSD, the rational rates are 10,000USD.
Then until the next few steps. So in my opinion there must be a clear calculation and there must be facts that can be strengthened.

Indeed, we cannot just say it will reach $100k without prior steps to achieve. For example, on next year milestone, how much would be the incline of Bitcoin price if BAKKT is launched. Then state the reason why Bitcoin will recover its ATH. There must be series of events and accomplishment for Bitcoin to hit those numbers. Saying mass adoption as a reason is so generic that it has lost its appeal somehow.

Febo

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Quote from: franky1 on December 02, 2018, 08:40:11 AM

yep still bullish, even now
2016 = over $300
2017 = over $900
2018 = over $3500

so we should see some speculative drama of $100k in under that time. but then a stable support for $100k in 2 years

2015 = over $170
2014 = over $300

over $100k will not happen that soon.

eminemcookie

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Quote from: Pursuer on December 04, 2018, 02:45:43 AM

Quote from: 1Referee on December 03, 2018, 03:53:51 PM

Quote from: Shinpako09 on December 02, 2018, 11:04:28 PM

It's possible since anything could happen but that's too high to reach. I guess it will take time before we get there. A person who predicted such price seems invested a lot to have such trust. What's good for now is reading predictions like this makes me think seems the fall is over for now.

Similar predictions were up well before we started to tank below the $6000 level, which basically means that it's useless in the very short term.

What's happening right now is that those who are here for the fundamentals are just as bullish as they were last year, while people only here for gains comfort themselves with "expert" predictions that we eventually will reach this or that level. It doesn't work like that. People have to figure why they are here, aside from the gains. If you don't understand what you're investing in, you are a gambler.

Warren Buffett is spot on. Most people here are empty headed gamblers.

there is a big difference between being bullish while price is falling from $20k down towards 4 digits numbers and being bullish when price fall is over, 9 months is past 2-3 of which is basically stable and above a solid buy support while accumulation is taking place!

so you can't say the predictions that were around when price was above $6k were wrong. expecting a reversal and talking about a new ATH at that point makes perfect sense. this drop that we have now is unnatural that invalidated every previous plans and predictions.

Do you not think it is ironic how so many say they are here for the tech yet all they continue to talk about is the price? Just because their beliefs are supported by beliefs in the tech doesn't mean that they're not truly here for price growth, they're just a little more educated than most.

btlzpr

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Excessive exaggeration will only make people think this is scam.
No matter how much we expect Bitcoin to rise to 100,000$, but for anyone who doesn’t know Bitcoin, you say like this, they will definitely not believe in you.

Pursuer

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Where is my ring of blades...

Quote from: 1Referee on December 03, 2018, 03:53:51 PM

Quote from: Shinpako09 on December 02, 2018, 11:04:28 PM

It's possible since anything could happen but that's too high to reach. I guess it will take time before we get there. A person who predicted such price seems invested a lot to have such trust. What's good for now is reading predictions like this makes me think seems the fall is over for now.

Similar predictions were up well before we started to tank below the $6000 level, which basically means that it's useless in the very short term.

What's happening right now is that those who are here for the fundamentals are just as bullish as they were last year, while people only here for gains comfort themselves with "expert" predictions that we eventually will reach this or that level. It doesn't work like that. People have to figure why they are here, aside from the gains. If you don't understand what you're investing in, you are a gambler.

Warren Buffett is spot on. Most people here are empty headed gamblers.

there is a big difference between being bullish while price is falling from $20k down towards 4 digits numbers and being bullish when price fall is over, 9 months is past 2-3 of which is basically stable and above a solid buy support while accumulation is taking place!

so you can't say the predictions that were around when price was above $6k were wrong. expecting a reversal and talking about a new ATH at that point makes perfect sense. this drop that we have now is unnatural that invalidated every previous plans and predictions.

1Referee

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Quote from: Shinpako09 on December 02, 2018, 11:04:28 PM

It's possible since anything could happen but that's too high to reach. I guess it will take time before we get there. A person who predicted such price seems invested a lot to have such trust. What's good for now is reading predictions like this makes me think seems the fall is over for now.

Similar predictions were up well before we started to tank below the $6000 level, which basically means that it's useless in the very short term.

What's happening right now is that those who are here for the fundamentals are just as bullish as they were last year, while people only here for gains comfort themselves with "expert" predictions that we eventually will reach this or that level. It doesn't work like that. People have to figure why they are here, aside from the gains. If you don't understand what you're investing in, you are a gambler.

Warren Buffett is spot on. Most people here are empty headed gamblers.

Adriano2010

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Yes i think bitcoin can reach that value, but i think we can see that price so soon, maybe in 2-3 years and also i think we need more people to join and also bitcoin to be used in more sites as a option for payment.

Sandus_Cryptolover

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Quote from: ribowo76 on December 02, 2018, 10:20:41 AM

By looking at the price movements of bitcoin so far, what Max Keizer said seems to make sense. There are still many opportunities for bitcoin to reach the highest score. Although it's possible, it will take a little longer, to reach 100k. But I believe, that will happen

He really gave good analysis of the whole scenario compared to John McAfee. Even if Bitcoin didn't attain the predicted price, I see better days coming for Bitcoin even as it seems mass adoption into the mainstream.

pooya87

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Quote from: Shinpako09 on December 02, 2018, 11:04:28 PM

~ What's good for now is reading predictions like this makes me think seems the fall is over for now.

these "predictions" are talking about the long term price of bitcoin not the short term so it has nothing to do with the current drop and whether it is over or not. it may not be over yet but still price is going to be $100k soon.
right now, everyone is too caught up in the temporary price state of bitcoin that they have forgotten about the true potential. of course not everyone is like that, the whales are accumulating while still aware of the potential so they buy while it is still too cheap.

Shinpako09

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It's possible since anything could happen but that's too high to reach. I guess it will take time before we get there. A person who predicted such price seems invested a lot to have such trust. What's good for now is reading predictions like this makes me think seems the fall is over for now.

gilangIDR

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This is a very distant thing and in my opinion is an absurd thing. there must be a step to reach certain price rates.
for example, when the current price of Bitcoin is at rates of 4,00OUSD, the rational rates are 10,000USD.
Then until the next few steps. So in my opinion there must be a clear calculation and there must be facts that can be strengthened.

eminemcookie

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Activity: 364

Merit: 123

Btc hitting 100k in the future would seem like a formality if it can reach its potential. If the bear and bull market cycle continues we'll likely see $100k bitcoin in perhaps 1 but probably 2 more bullish runs. I think next bull run we might come close but eventually fall short.

dodgrad

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Not only Max Keiser has such predictions. Also John McAfee (the one from the antivirus program) said that in 2020 Bitcoin price will be $100,000 each. Let's hope they're both are right.

wow.magic

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Quote from: yowelfree on December 02, 2018, 07:56:40 AM

Bitcoin has been valuable. It is in the bear market Yes, but it will definitely rise though do not know the actual price if 100.000$.

Right, bitcoin is valuable but no one can say if hit the price of 100.000$, bitcoin is unpredictable hopefully can hit the price value but I think it takes too long.

mekie

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Max Keiser is probably right. While I think $100k is entirely possible, like many others I think it is some way off in the future. The analisis I have seen would suggest that the overall trend is still positive, but as Bitcoin rises to ever greater values then it is inevitable that the drops will get bigger in $ terms while the % change will largely stay the same

ribowo76

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The World's 1st Waste to Green Energy DLT Project

By looking at the price movements of bitcoin so far, what Max Keizer said seems to make sense. There are still many opportunities for bitcoin to reach the highest score. Although it's possible, it will take a little longer, to reach 100k. But I believe, that will happen

Apple Mac

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Quote from: Sandus_Cryptolover on December 02, 2018, 05:30:07 AM

Max Keiser, one of the most followed and controversial analysts and influencer of the crypto ecosystem, was recently interviewed by Bitcoinist. In the interview, he presented his vision about the future of cryptocurrencies and the reasons why he is optimistic and calm hodling in spite of the strong bearish trend of 2018.

Max Keiser: Another Long-Time Bullish
According to Max Keiser, the “panic” problem is because many of those involved in crypto did so during the 2017 bullish streak. However, for those who fall into the category of “early adopters,” the behavior experienced in 2018 was something to be expected:

“The Bitcoin price got way ahead of itself, and we saw a typical pullback. Since I first started buying BTC in 2011 at $1, I’ve seen a few of these … The long-term chart is fine. It’s still bullish …
The long-term trend is intact and will continue its upward path. ”

Indeed, Max is right, from the point of view of technical analysis, the behavior of Bitcoin is still strongly Bullish, with a favorable projection for the coming years even more if certain events such as the Halving, ETFs and the growing interest in institutional investments are taken into account.

https://ethereumworldnews.com/bitcoin-at-100k-the-dark-prediction-by-max-keiser/

Well that's very interesting thing for us to see. An analyst finally make a word if he legible to be trusted, we should be all optimistic towards rhis platform and the downfall this year is just a temporary way to have a greater pullback for the upcoming year which we have to wait and see better to work further before this year ends.

franky1

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yep still bullish, even now
2016 = over $300
2017 = over $900
2018 = over $3500

basing numbers on the price/mining equilibrium
if the entire network was mining s15 in 2019. the hashrate would need to be around 850exahash to give good value support for a healthy SUSTAINABLE price support of $100k
which is a 20x of current hashrate

i dont deal in speculative ATH or spikes that correct down. im thinking of a point of stable bottomline value when i do my math.

looking at how long a hashrate takes to get 20x higher. to support a healthy $100k cost/price equilibrium can be achieved within 2 years

so we should see some speculative drama of $100k in under that time. but then a stable support for $100k in 2 years

Topic: Bitcoin Prediction to hit 100,000$ - page 2. (Read 795 times)