Topic: Bitcoin takes aim at $100,000 target (Read 770 times)

Get ready to be disappointed!

The volatility is unavoidable. With such extreme scarcity and massive potential utility and speculative value, these swings can't be helped. And they eventually are sustainable. We never went below $32 again. Or $1,163. The cycles are volatile but the overall trend has always sustained.


Why do you think so?

It might look unrealistic right now but we are not far away from the time when you would have your Bitcoins valued a lot and that would be the time prior to or post Bitcoin halving in May 2020. We are expecting the Bitcoin halving in 2020 on 20th May and you should have at least one Bitcoin regardless of how the market looks bad for the investment in the coin.

Many predictions appear, most of the predictions lead to the price of bitcoin that always goes up, but in fact bitcoin does not always go up, let alone go up to very expensive prices like that, it might be very difficult to reach prices because the popularity of bitcoin has decreased slightly compared to 2 years  then, but people can have their own predictions for this

Ah, $100k.  People have been predicting bitcoin to hit that target for as long as I can remember—but I’ve also heard others predicting that doge will be at $1 for just as long, and I’m not sure either one actually will ever happen.

For bitcoin, I do think it’ll happen eventually.  Whether that’s going to be in my lifetime is another question.  Obviously it will take about a 10x rise in price, and that’s a large barrier.  On the other hand, I never really expected it to get to $10k as soon as it did and was totally shocked in 2017 when bitcoin hit $20k.  I’ve come to realize that pretty much anything I think can’t happen very well could happen, price-wise.  I seriously underestimated the power of the bitcoin speculator and how small bitcoin’s market cap actually is.  It’s certainly small enough such that when enough money pours in, the price can have very dramatic movements.  Hell, Warren Buffett could buy up all the bitcoin in existence if he chose to do so.

IMO, I’m pretty sure bitcoin will get to $100k eventually.  I do hope that there isn’t a bull run a la 2017 where the price rose too quickly and thus wasn’t sustainable.  I don’t want bitcoin to get there this year or probably even next year, because if it does it’ll never stay there.  We’ll have a crash to end all crashes.

It's very difficult that bitcoin will reach $ 100,000 in the near future. I think bitcoin will only reach $ 20k. It's been difficult, always, many rumors that occur until bitcoin falls again.

Thinking of $100,000 USD bitcoin price at the present moment is not realistic and i do not know when bitcoin will reach this figure. It may take 4 to 5 years before bitcoin can reach such high value. No trading trend can predict when bitcoin will reach this high value.

If that's so, why aren't these "experts" long'ing the crap out of Bitcoin? Talk is cheap. It's useless. Putting money where your mouth is how you seperate talkers from doers.

The term expert has been trashed to a point where expert in the world of crypto means crap talker. People who are the actual experts don't ever refer themselves as such, those who aren't do. Seriously, I have never seen an industry with so many self-proclaimed experts as here in the world of crypto. It's hilarious. 

May I know who are those experts?

I guess OP talking about the price at the end of this bull run not just about the maximum price of bitcoin.

Well experts to say the true value is over 300k or around there.  So those experts are wrong then?

Possible though maybe at the end of this trend or at the next trend but surely we will hit that value.But currenctly we are at the level of beginning of five difit numbers and sometimes it fall into four digits so we just have to concentrate on the realistic current value rather than looking for huge profits.

100k USD is just too much for me.
But that is just me. My own opinion.
Also, that is some crazy number for just 1 BTC. Imagine 17m of it being valued 100k each.
That is way too much.
I guess we will just see on the upcoming years. It could happen though. Just dont know when.
Maybe when USD is so much undervalued.

Unrealistic but had the possibility to be true and it may take years before this happened. BTC has been dominating for so many years which it proves to be had the power to increased more.

I find it really difficult to think about a price range that's far from where we've ever hit. Even thinking of ATH terms, Bitcoin was barely there or nearby there for weeks, I've to think of a price level that it managed to hold on to for a while at least, and there's my starting point. Assuming optimistically this was just below 20k, I've got to think of 30k as the most significant and substantial "aim" to take.

But that's just me, and my take on psychology.

I generally believe that this is an unrealistic amount. At least for now, Maybe in 2025, when bitcoin mining will stop. But now all the races are extremely spontaneous. This is purely my opinion. But life is very strange thing) we'll see.

Very big maybe, because $100k is not a little amount of money. Even to pump until that price, will need a lot of money from people or maybe a lot of hypes that can attract people to buy bitcoin. Or maybe what worse scenario is when people afraid to buy because price is very high.

Bitcoin still too far to increase to $100k as the target price because of we even below than $10k now. But it might happen in the future as bitcoin have a big chance to increase higher in the future, especially after the halving that will occur in the next year. But still, we need more time to see the price reaches that number, and we need big patience to hold bitcoin until that time comes.

It is much more than confusing at the moment, and i would not trust on the actual pricing.

Maybe waiting a few more days or weeks until the price consolidates would be the best option at the moment, because it is super risky to trade or buy at the moment, be patient guys

This $100k aim is meant for the long term. For the moment volatility and cash grabbing by big whales is a priority...

That's intriguing to peruse numerous forecasts from the analysts despite the fact that they don't have a clue when an opportunity to occur. Traders begun to purchase bitcoin now while the value is still at $10k and hold it like what we do and sell when the value achieves based on desired price.
I am anxious about the possibility that price to reach $100,000 will require quite a while if the conditions are this way. However on the off chance that there is a critical change that is occurring in the market, at that point that will change the general demand on bitcoin once the price became so expensive.

Yes this is possible because we know bitcoin is a coin that has so much potential so we only will have to wait with patience to see the good result. As gradually price is increasing I am sure it will reach high level very soon and after few years it will be more than 20k dollar and one day it will become 100k$.