Bitcoin price will hit $250,000 in 2022?

davinchi

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Quote from: Slow death on June 22, 2018, 03:21:11 PM

Quote from: jamesblue1 on June 16, 2018, 11:05:00 AM

would you believe in this statement?

I think it is a very exaggerated forecast and have no chance of one day reaching this forecast

Quote from: jamesblue1 on June 16, 2018, 11:05:00 AM

Can it really rise again on 2022?

the price may go up a lot in 2020, but it will not go up as much as the forecast of $250,000. that is a very high value even, have no chance of reaching that value

I do not know whose perception this is and how it is possible to say something about 4 years later or in future. It is totally out of mind to predict about an unstable market of the Bitcoin because we know that we can not predict the unstable market of Bitcoin.

As we have noticed that almost all the predictions are uncertain and do not show us actual future price. However average improvement is possible which is always increasing with the passage of time.

anhzaibro

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I also hope that BTC price will be to that level. Currently I am hosting a large amount of BTC. And I think that BTC price will increase later this year.

reinielle26

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I think $250 000 is too much dont you think so? Maybe higher than $20,000 but not as much as what you have mentioned. It is impossible for it to rise within just a few years. Well, who knows it might happen someday.

ReiMomo

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I don't think this will be realistic price for Bitcoin in 2022. Seeing the currenct trend and market situation of Bitcoin I doubt that it can reach that much value in price. There are so much things involved in this price speculation like the demand, supply and the usage of Bitcoin by all the people across the nations. My speculation for Bitcoin in 2022 will be $100,000.

pereira4

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Quote from: Sanu Simon on July 03, 2018, 12:13:42 PM

What's been quoted is very big. In reality if such a value is attained within the year 2022 even the user who has got a single bitcoin will be a millionaire. From my experience the growth will continue to take place in a sustained manner. The halving by the year 2020 too adds support to the growth of bitcoin and other digital currencies.

There are not enough millionaires on earth if each millionaire wanted to own 1 BTC. When you realize this it's obvious 1 BTC will reach $250k and more. It's just a function of price when the supply is limited and constantly shrinking, and demand growing. $100k is coming sooner than most think.

Sanu Simon

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What's been quoted is very big. In reality if such a value is attained within the year 2022 even the user who has got a single bitcoin will be a millionaire. From my experience the growth will continue to take place in a sustained manner. The halving by the year 2020 too adds support to the growth of bitcoin and other digital currencies.

pereira4

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Quote from: Slow death on June 22, 2018, 03:21:11 PM

Quote from: jamesblue1 on June 16, 2018, 11:05:00 AM

would you believe in this statement?

I think it is a very exaggerated forecast and have no chance of one day reaching this forecast

Quote from: jamesblue1 on June 16, 2018, 11:05:00 AM

Can it really rise again on 2022?

the price may go up a lot in 2020, but it will not go up as much as the forecast of $250,000. that is a very high value even, have no chance of reaching that value

There's in no way a crazy valuation by 2020. We are falling again in the same trap as we did when we were in $3000 range in august 2017. "There's no way we will be at $10,000 by Christmas, too soon". Then we hit $20,000. This is how bitcoin worst, it makes you realize that you are thinking in linear terms, and underestimating the exponential growth cycles. The human mind will always fall victim of that. Im not saying it will happen, but it would be a big mistake to claim it's impossible. At the end of the day bitcoin is still tiny, not that much capital is needed to hit 6 figures rather soon.

vickybitcoin

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Quote from: jamesblue1 on June 16, 2018, 11:05:00 AM

First of all this thread is open for discussions or insights are welcome as this topic is just a speculation or prediction by a man named Tim Draper.

So basically, Tim is a Billionaire venture capitalist and investor and has been one of cryptocurrency’s biggest bulls, technically he earned a lot of profit already from bitcoin. He said that bitcoin price will rise up to $250,000 each BTC! But we all know that the bitcoin price has sunk more than 67 percent from its all-time high. So, for you as an investor or a fan of bitcoin, would you believe in this statement?

We are talking about the future here, we all know that BTC started very cheap from the beginning, but look at it now. Can it really rise again on 2022?

This is all speculation right now,. with the recent price condition this might look as an impossible thing to achieve but who knows!? no one holds the future! it possibly can even surpass this price!

hubballi

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Quote from: marketone on July 03, 2018, 12:07:48 AM

Quote from: valentine401 on June 22, 2018, 12:19:54 PM

Quote from: jamesblue1 on June 16, 2018, 11:05:00 AM

First of all this thread is open for discussions or insights are welcome as this topic is just a speculation or prediction by a man named Tim Draper.

So basically, Tim is a Billionaire venture capitalist and investor and has been one of cryptocurrency’s biggest bulls, technically he earned a lot of profit already from bitcoin. He said that bitcoin price will rise up to $250,000 each BTC! But we all know that the bitcoin price has sunk more than 67 percent from its all-time high. So, for you as an investor or a fan of bitcoin, would you believe in this statement?

We are talking about the future here, we all know that BTC started very cheap from the beginning, but look at it now. Can it really rise again on 2022?

In my own opinion, if the price of crytpocurrency will be going to multiply every end of the year then it was possible for bitcoisn to reach $250k dollar by the year of 2022.

See now it is in a complete downtrend which we cannot assume how far the price of Bitcoin will reach, to reach high it should consolidate a lot before increasing $250K. Everything is speculation which we cannot able to predict the price of Bitcoin easily.

If you see the price of bitcoin in 2012 then it was just 0.10 $ and after 6 years it is $6000 after reaching $20,000 so in 2022 price going to $250k is not impossible as in one year itself it can go to multi-fold price. In Crypto currency particular in BTC which ever high price you expect can be their. Now all country have started to make rules and regulation, who knows that this rules and regulation can be good for BTC and the price can go to any extent if it got success.

marketone

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Quote from: valentine401 on June 22, 2018, 12:19:54 PM

Quote from: jamesblue1 on June 16, 2018, 11:05:00 AM

First of all this thread is open for discussions or insights are welcome as this topic is just a speculation or prediction by a man named Tim Draper.

So basically, Tim is a Billionaire venture capitalist and investor and has been one of cryptocurrency’s biggest bulls, technically he earned a lot of profit already from bitcoin. He said that bitcoin price will rise up to $250,000 each BTC! But we all know that the bitcoin price has sunk more than 67 percent from its all-time high. So, for you as an investor or a fan of bitcoin, would you believe in this statement?

We are talking about the future here, we all know that BTC started very cheap from the beginning, but look at it now. Can it really rise again on 2022?

In my own opinion, if the price of crytpocurrency will be going to multiply every end of the year then it was possible for bitcoisn to reach $250k dollar by the year of 2022.

See now it is in a complete downtrend which we cannot assume how far the price of Bitcoin will reach, to reach high it should consolidate a lot before increasing $250K. Everything is speculation which we cannot able to predict the price of Bitcoin easily.

Daboy_Lyle

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It's very high or it's not probably happen. I think this year it will only reach $30,000 or below but on 2022 I think it will reach $100000. Due to being unstable of bitcoin price makes us to have a big hope when we used our predictions to get bigger benefits if it's come true.

zxcv cool

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I don't think the probability of $250,000 is very high, the probability of $50,000 to $100,000 is very high, the price is now $6,700, and it's possible to go up tenfold in four years.

drachman

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Quote from: Hazaki on June 29, 2018, 01:48:04 PM

These people pretending to be "bitcoin experts" and billionaires that got rich in the crypto market or "one of the market strongest bulls" is becoming a pain in the ass because every once in a while one of them comes out to the public to make such declarations in order to attract people , and it has worked for the few 1st times but people got smarter on the way and discovered that many of these pretenders are chilling some coins or have a goal behind the statements they are making .
Please stop listening to such people that have theories that are not backed up by any proof/logic/pattern prediction etc .. And just trust your own guts .

This is what I have been telling people all the time but people do not really listen, why? Because people only want to listen things that are already aligned with what they believe and they are going to tune out anything that goes against it, this is why despite many warnings that the price was too high in December people did not really listened and as a result they lost their money.

Hazaki

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These people pretending to be "bitcoin experts" and billionaires that got rich in the crypto market or "one of the market strongest bulls" is becoming a pain in the ass because every once in a while one of them comes out to the public to make such declarations in order to attract people , and it has worked for the few 1st times but people got smarter on the way and discovered that many of these pretenders are chilling some coins or have a goal behind the statements they are making .
Please stop listening to such people that have theories that are not backed up by any proof/logic/pattern prediction etc .. And just trust your own guts .

slocker

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Quote from: bitcoinerjawa on June 25, 2018, 12:47:25 AM

it seems very improbable and it is too expensive for a price of 1 coin, bitcoin in 2022 will only reach the price of $ 100,000...

This is only someones prediction or speculation for this price for some time period. You can do the same and pick some random price, this dont change anything, only one is for sure maybe we will see in that time new ATH or even bigger price. For that time 4 long years need to come and in that time anything can happen.

lelahkenabanned

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it is very impossible bitcoin will never be able to rise up to as expensive it is better you do not expect too much with the rise in bitcoin prices up to that expensive.

ReiMomo

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I don't think Bitcoin will reach $250000 within 2022 as per the current and previous market situation. The highest price Bitcoin can reach before 2022 will be around $100000 as per my prediction. The Bitcoin has good potential and market cap but it cannot go very high price because there are other alts competing with the investors for a good inveting options than Bitcoin.

bitcoinerjawa

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it seems very improbable and it is too expensive for a price of 1 coin, bitcoin in 2022 will only reach the price of $ 100,000...

jadenunderhill

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It will be a great issue, if bitcoin will be $10 000 in 2022. You must realize, that the hype is over. There will be no foolish investors anymore. And no institutional investors. You will start again from where your "currency" was born - drugdealing and weapon stuff.

drachman

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Quote from: Lubang Bawah on June 22, 2018, 05:37:03 AM

All users would hope so, if the price of 2020 reached $ 250,000 of course many banks will disappear because it is not useful anymore, but I'm sure that the price of $ 250k difficult to achieve especially if we look at the price graph in this year that looks difficult to passed the high record in last year.

If the price really went up to those levels then that will mean that we are in one of the biggest bubbles in history and that we need to get out of it immediately and buy something tangible with our profits, like gold or real estate, after the price crashes you could buy bitcoin again for a cheaper price and start all over again the overvalued to undervalued to overvalued again cycle.

Topic: Bitcoin price will hit $250,000 in 2022? (Read 636 times)