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Topic: Bitcoin reach to $100K ? - page 8. (Read 1580 times)

full member
Activity: 742
Merit: 101
August 14, 2020, 10:39:59 PM
#29
if the time comes it will reach 100k.. but for the time being it's not appropriate to say that it will reach $100k..for bitcoin we know what it can do.. but speculating the price is difficult.
hero member
Activity: 2436
Merit: 503
Cryptocasino.com
August 14, 2020, 10:34:54 PM
#28
I personally feel that we are a long way off to reach anywhere near the 100k level any time soon. Reaching 20k which was 2017 high would be the first target and even that seems very hard now.
It may happenut that will need a few decades to make the price of bitcoin will worth more than 100k in the future. I may believe bitcoin has a lot of potential but as you said before the ATH must be broken by bitcoin to be able reach such rate for sure.
full member
Activity: 728
Merit: 100
August 14, 2020, 09:35:58 PM
#27
anything can happen in crypto, in that era (10.000 bitcoins for 2 pizza) and at that time when someone said if bitcoin would reach $20k surely that person would be said to be insane right? but all proved in 2017. Likewise now if an expert says bitcoin will reach $100k would also be considered insane.
Bitcoin can go up to $100k but we don't know when that will happen.
newbie
Activity: 50
Merit: 0
August 14, 2020, 08:34:39 PM
#26
Just a prediction, mate. All people can make a prediction about Bitcoin price, and no one of them have a right prediction. Prediction about crypto can go to the moon always happen in order to make FOMO effect. You should not invest based on someone's prediction. Don't forget about John McAfee's prediction that Bitcoin would hit $1 million at 2020, now half 2020 has passed and Bitcoin is only $12k.
member
Activity: 630
Merit: 11
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August 14, 2020, 08:25:49 PM
#25
I personally feel that we are a long way off to reach anywhere near the 100k level any time soon. Reaching 20k which was 2017 high would be the first target and even that seems very hard now.
full member
Activity: 467
Merit: 100
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August 14, 2020, 08:09:59 PM
#24
100k is a price that is actually easy to achieve, it's just that we need to work hard to convince those people that bitcoin is the safest investment, maybe it is necessary to see it in the next 1 or 2 years, lots of great people do that analysis and prediction, but let's see it in the near future whether it will hit up to 20k

No, who says we need to work hard just to convince other people? What we need is time, it will take a lot of time before they know and realize the true function of bitcoin. Adoption will come over time, convincing is unnecessary, sooner or later, people will come itself trying to learn about bitcoin.
sr. member
Activity: 1918
Merit: 268
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August 14, 2020, 08:07:25 PM
#23
100k is a price that is actually easy to achieve, it's just that we need to work hard to convince those people that bitcoin is the safest investment, maybe it is necessary to see it in the next 1 or 2 years, lots of great people do that analysis and prediction, but let's see it in the near future whether it will hit up to 20k
sr. member
Activity: 2828
Merit: 344
win lambo...
August 14, 2020, 07:57:47 PM
#22
Crypto Trader's the most preferable subjet is the prediction about bitcoin.Many analysts predicted how high and low bitcoin prices could go, similarly, Samson Mow, CSO in Blockstream, which is a leading provider of blockchain technologies and CEO at Pixelmatic, tweeted his opinion on the bitcoin price.What is your opinion?
And they are motivated to that? It is very reliable to do prediction that much closer to the current situation. Most people are tired of listening to those predictions that are out from reality, $100k, 200k, and more. Pretty sure they can catch attention to the reader because of their popularity but that is not all about. I understand that they are just optimistic (really optimistic) individuals but how people would believe them since we know the current situation and sees it is actually hard to reach.

I'd never disclosed that chance but I'd never push myself to think that high. I'm an optimistic person but I don't want to drag people to believe and keep believing that would be the future of Bitcoin, it is not really good anyway.
TGD
hero member
Activity: 1288
Merit: 620
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August 14, 2020, 07:21:06 PM
#21
Crypto Trader's the most preferable subjet is the prediction about bitcoin.Many analysts predicted how high and low bitcoin prices could go, similarly, Samson Mow, CSO in Blockstream, which is a leading provider of blockchain technologies and CEO at Pixelmatic, tweeted his opinion on the bitcoin price.What is your opinion?

Where is the link?

Anyway, here is it, https://twitter.com/Excellion/status/1289358765796413441

What do you expect though, I mean he is the CEO of a blockchain provider so obviously he will shill for BTC to reach as high as $100k. But if you really wanted to see if it is possible, I urge you to read this, Stock-to-Flow Model: Modeling Bitcoin's Value with Scarcity.
They are not shilling they using TA like elliot wave and fibonacci to predict the future price based on movement of BTC. I actually see that because if BTC price fluctuation continue exponentially. That prediction is possible within 3 to 5 years. It's not clear right now because we are testing new ATH. But once that ATH resistance broke, Growth will be exponential just like the old time.

They should put disclaimer on there prediction although they have TA to support his claim, It's still a possibility which can result to FUD. I agree on you that the CEO of Blockchain related project should not comment a BTC prediction because it was conflict of interest.
sr. member
Activity: 2618
Merit: 439
August 14, 2020, 07:05:37 PM
#20
100k?! imposible, BTC is struggling to get the $15k, how much more the $100k level. its purely a dream which is impossible to achieve by now.. We should be happy if BTC will reach $15K to $20K within this year. many people including myself are optimistic that this range will be realized before the 2020 calendar will end. Currently, BTC is traded at $11k and has gaining support to hold the position.

Whats your basis of being impossible? When bitcoin was created nobody was expecting it could hit 15k, dont limit your possibilites we all know anything could happen, bitcoin volatility is very unpredictable.

That's the very example, no one knows that bitcoin will reached $20K.

There's no limitations once the bull run start to push harder we can't say if what will be the next target,
Every adoption counts, from their we will see how things will go whether bitcoin will reach that amount
or maybe it will pass it up and reached much higher.

hero member
Activity: 2814
Merit: 576
August 14, 2020, 06:58:32 PM
#19
100k?! imposible, BTC is struggling to get the $15k, how much more the $100k level. its purely a dream which is impossible to achieve by now.. We should be happy if BTC will reach $15K to $20K within this year. many people including myself are optimistic that this range will be realized before the 2020 calendar will end. Currently, BTC is traded at $11k and has gaining support to hold the position.

Whats your basis of being impossible? When bitcoin was created nobody was expecting it could hit 15k, dont limit your possibilites we all know anything could happen, bitcoin volatility is very unpredictable.
Yes. Due to bitcoin's volatility, it is very possible that it will soon to reach $100k in the right time. It might not happen this year or next year but with bitcoin's high potentials, we will see bitcoin soaring high in the next 10 years. Some people think that $15k might be possible to reach for bitcoin but look at it now, its almost happening.
hero member
Activity: 2660
Merit: 551
August 14, 2020, 06:50:20 PM
#18
Crypto Trader's the most preferable subjet is the prediction about bitcoin.Many analysts predicted how high and low bitcoin prices could go, similarly, Samson Mow, CSO in Blockstream, which is a leading provider of blockchain technologies and CEO at Pixelmatic, tweeted his opinion on the bitcoin price.What is your opinion?

Where is the link?

Anyway, here is it, https://twitter.com/Excellion/status/1289358765796413441

What do you expect though, I mean he is the CEO of a blockchain provider so obviously he will shill for BTC to reach as high as $100k. But if you really wanted to see if it is possible, I urge you to read this, Stock-to-Flow Model: Modeling Bitcoin's Value with Scarcity.
sr. member
Activity: 980
Merit: 250
August 14, 2020, 06:37:12 PM
#17
Whatever happened to Bitcoin, but never reached those points this year. 100k USD could be a huge pump, and coinmarketcap has to reach 3 trillions USD which is now only 350 billion. My prediction is for the last Q4 next year. This isn't quite impossible to touch from 12k to 100k. By the way, this isn't Bitcoin price discussion site.
$100k still unlogic price for this year although hype and fomo already happen in this market. 3 tillion marketcap was so huge and we need huge institution investing to make it come true, impossible retail traders could fill this gap moreover we are in this pandemic situation where are could not work outside room. most of investors carefull with this money now, they must be smart to allocate for each part in their life.
copper member
Activity: 966
Merit: 5
August 14, 2020, 06:31:32 PM
#16
Crypto Trader's the most preferable subjet is the prediction about bitcoin.Many analysts predicted how high and low bitcoin prices could go, similarly, Samson Mow, CSO in Blockstream, which is a leading provider of blockchain technologies and CEO at Pixelmatic, tweeted his opinion on the bitcoin price.What is your opinion?

$100k? Have they started again I think by now people must have learnt their lessons about all these predictions. The reality still stands and that is, anyone listening to all these analysts and their predictions will have themselves to blame. Predictions has never worked, not for bitcoin nor any other coin so it is right time people learn and accept the truth and stop making unnecessary mistakes that will cost them their funds. And the funny thing is, these analysts won't invest on based on the predictions because even they, knows the truth.
full member
Activity: 686
Merit: 100
August 14, 2020, 06:30:08 PM
#15
100k?! imposible, BTC is struggling to get the $15k, how much more the $100k level. its purely a dream which is impossible to achieve by now.. We should be happy if BTC will reach $15K to $20K within this year. many people including myself are optimistic that this range will be realized before the 2020 calendar will end. Currently, BTC is traded at $11k and has gaining support to hold the position.

Whats your basis of being impossible? When bitcoin was created nobody was expecting it could hit 15k, dont limit your possibilites we all know anything could happen, bitcoin volatility is very unpredictable.
sr. member
Activity: 924
Merit: 256
August 14, 2020, 06:15:19 PM
#14
Indeed, it seems that the distance to the price of $ 100k is still difficult to catch because the current price of bitcoin is still very cheap so it takes a lot of money to be able to make bitcoin prices touch the price of $ 100k, but there is no harm in hoping because it is bitcoin price potentially could be that expensive due to the influence of limited supply and very high demand.
sr. member
Activity: 573
Merit: 250
August 14, 2020, 06:05:21 PM
#13
Whatever happened to Bitcoin, but never reached those points this year. 100k USD could be a huge pump, and coinmarketcap has to reach 3 trillions USD which is now only 350 billion. My prediction is for the last Q4 next year. This isn't quite impossible to touch from 12k to 100k. By the way, this isn't Bitcoin price discussion site.
full member
Activity: 1470
Merit: 105
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August 14, 2020, 05:57:14 PM
#12
for the price of Bitcoin it can increase to the price of $100k it might happen even though it takes a long time, because for now the price of Bitcoin is back to the price of $20k (the highest price of Bitcoin) is still very difficult, so my prediction is that if the price of Bitcoin can reach $100k then Bitcoin will need a long time and my prediction will take 7-10 years, but if there is a very high bull run it will probably only take 5-8 years.
hero member
Activity: 3052
Merit: 606
August 14, 2020, 05:30:26 PM
#11
Crypto Trader's the most preferable subjet is the prediction about bitcoin.Many analysts predicted how high and low bitcoin prices could go, similarly, Samson Mow, CSO in Blockstream, which is a leading provider of blockchain technologies and CEO at Pixelmatic, tweeted his opinion on the bitcoin price.What is your opinion?

We have many experts and prediction matters but what matters more is when it's going to happen, if they can give an accurate prediction the better, but this market is not easy to predict as bitcoin is highly volatile and unpredictable. This is just one of the bullish predictions I read online, but I respect and I think it's realistic, well, I guess I'm bias as I am bullish with bitcoin in the long run.  By the way, this kind of discussion does not belong to this board, you should move this to Speculation.
hero member
Activity: 3024
Merit: 745
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August 14, 2020, 05:19:59 PM
#10
The price will rise then fall then rise again and so on, in the future BTC will definitely reach the $100K, but when will it happen in 2020 or 2025 ?
For this year? it's difficult for it to see but we will never know, right? Bitcoin took a flight during 2017 and just starting with the price of $1,000 on that year and the ending was great.
$1,000 to $20,000 showed for that year, who knows if it's by this year but I don't want to be that ambitious but it's bitcoin, volatility speaks for itself.
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