Bitcoin to $100k in 2021 | Bitcointalksearch.org

lepbagong

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Quote from: acener on November 14, 2020, 11:28:06 AM

This prediction of Bitcoin reaching $100K has been around for too long but up till now it seems to be impossible.
I still don't believe that it would be that high in just a short time and we should also be aware of it.
We know that whenever a huge price increase happens there would always be a correction so the price would fall back.

For this year there is no hope that it will be reliable to get to the $ 100K figure, but it is difficult for us to know what will happen next year especially if it is connected with the halving something like the above could happen. we just wait for the development next year.

ACryptoEconomy

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Quote from: SquallLeonhart on November 16, 2020, 05:26:17 AM

We should not focus on specific numbers like these. I believe bitcoin is powered by the increase it has and I understand that the higher price goes the more people will get involved. There is a reason why we saw a spike in user numbers not just in bitcointalk but everywhere in crypto during 2017 peak and even though some of them left after price crashed, there were a lot of them that stayed and still around here from those days.

However I believe we could do that if we do gradual increases, I don't care what the end price will be at the end of 2021 for example, but if the price keeps growing and growing all year long, it could end up at $50k and I would be happier than price being $100k in a day and staying like that all year. This is why I think gradual but constant increases are better than hyped big prices.

price discovery = hype cycles. They just take progressively longer over time.

SquallLeonhart

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We should not focus on specific numbers like these. I believe bitcoin is powered by the increase it has and I understand that the higher price goes the more people will get involved. There is a reason why we saw a spike in user numbers not just in bitcointalk but everywhere in crypto during 2017 peak and even though some of them left after price crashed, there were a lot of them that stayed and still around here from those days.

However I believe we could do that if we do gradual increases, I don't care what the end price will be at the end of 2021 for example, but if the price keeps growing and growing all year long, it could end up at $50k and I would be happier than price being $100k in a day and staying like that all year. This is why I think gradual but constant increases are better than hyped big prices.

ACryptoEconomy

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Quote from: ShowOff on November 15, 2020, 03:58:24 PM

Quote from: ACryptoEconomy on November 15, 2020, 03:13:09 PM

Still seems like many here don't understand what's really happening. I think you all really need to watch the video and let it sink in. As well as subscribe to get more exposure to the content.

As I mentioned already, learned about Bitcoin in 2013 and understood it's place in the world.

Here's one of my messages here from 2014.

https://imgur.com/a/8ZJwsp5

$100k is not the endgame. Buy bitcoin and hold it long-term.

Although visually is a good way to understand how your scenario works but I'm sure not everyone will like it and even believe in what you have done. You may not be able to force people to watch the videos that you present on your private channel because there are things that are still difficult to understand visually and will seem easy to understand with articles such as language limitation.

Another solution to make us benefit from your analysis is to share it in writing here besides you can also direct it to your video. About the $100K price tag, that doesn't sound like an impossible thing for bitcoin. But I would say it's very difficult to happen in 2021 because to match the previous ATH is still difficult.

Appreciate the feedback. Will take into consideration adding more writing analysis, something have planned for at acryptoeconomy.com. Still important to watch the videos. These will improve over time.

ShowOff

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Quote from: ACryptoEconomy on November 15, 2020, 03:13:09 PM

Still seems like many here don't understand what's really happening. I think you all really need to watch the video and let it sink in. As well as subscribe to get more exposure to the content.

As I mentioned already, learned about Bitcoin in 2013 and understood it's place in the world.

Here's one of my messages here from 2014.

$100k is not the endgame. Buy bitcoin and hold it long-term.

Although visually is a good way to understand how your scenario works but I'm sure not everyone will like it and even believe in what you have done. You may not be able to force people to watch the videos that you present on your private channel because there are things that are still difficult to understand visually and will seem easy to understand with articles such as language limitation.

Another solution to make us benefit from your analysis is to share it in writing here besides you can also direct it to your video. About the $100K price tag, that doesn't sound like an impossible thing for bitcoin. But I would say it's very difficult to happen in 2021 because to match the previous ATH is still difficult.

ACryptoEconomy

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Still seems like many here don't understand what's really happening. I think you all really need to watch the video and let it sink in. As well as subscribe to get more exposure to the content.

As I mentioned already, learned about Bitcoin in 2013 and understood it's place in the world.

Here's one of my messages here from 2014.

https://imgur.com/a/8ZJwsp5

$100k is not the endgame. Buy bitcoin and hold it long-term.

fullhdpixel

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If you really believe that 100k is something we will reach either soon (in 2021) or eventually (could be anything between 1 year to 50 years) you should definitely invest into bitcoin. To me on average 20% yearly return is good enough, having invested into bitcoin time to time I can tell you that I made a lot more than 20% return on my investments (closer to 100%) and it doesn't change my life at all, I am still not rich and wealthy, I am just doing barely alright due to economy not being well.

However if you think 20% yearly return is good enough and you think 100k will happen in the next 5 or so years, I feel like bitcoin price currently is not something you should care. Since you think it will be 100k that means you should invest to it right away and sell when it is 100k.

EdenHazard

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Quote from: maydna on November 13, 2020, 10:33:06 PM

Perhaps people who don't hold bitcoin in a large amount will still hold their bitcoin, but for people who hold a large amount of bitcoin, they can sell in a large amount of bitcoin, and they will wait for the correct time that will happen after the price reach the peak price.

Although I don't have much bitcoin, I will still hold my bitcoin and wait for the price touches $100k to make me get a bigger profit. But I will also sell my bitcoin when the price can touch more than $20k because that is the last time I sold my bitcoin at the highest price a few years ago.

In 2016-2017, people didn't imagine if bitcoin can touch $10k, and once the price reaches that price, they sell in a rush and quit from the crypto market for a while until all of the coin prices is drops significantly.

So right now, I think people will still waiting until the price can be more than $20k, perhaps less than $30k to sell their bitcoin because they want to make a big profit after waiting for a long time ago.

That's what i mean , there would be only few people who stay HODLing even if the price tomorrow move from $16k to $30k , as most people would cashe the money out for profit and forgetting their main target to reach $100k milestone and then failed to get that higher rewards , i do believe it's often happened ti most of us. HODLing never easy , you'll get tempted to sell it out everytime the price hitting the new all time high. This is inevitable.

You just have to remember that guessing bitcoin price shouldn't based on how things is makes sense , bitcoin are beyond all of the nonsense things when it comes to targeting the new all time high , the bull run often unstoppable .

ACryptoEconomy

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Things become more clear when you stop focusing on the price and dig deeper. what is it? why was it created? what problems is it meant to solve? what does that mean for the future?

The price appreciation is just a consequence of all the above.

If you're here because you wanted to place a bet, that's a fine starting point, keep learning.

acener

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This prediction of Bitcoin reaching $100K has been around for too long but up till now it seems to be impossible.
I still don't believe that it would be that high in just a short time and we should also be aware of it.
We know that whenever a huge price increase happens there would always be a correction so the price would fall back.

redsun114

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Many people assumed that prices of 20k would have been insane to think about when you told them at 2010 or so years.

There was a famous 10k bitcoin for a pizza type of situation as well, I personally got 6 bitcoins just for something silly I did waaaay back when and I sold it right away and got cash instead (silly me) and nobody really assumed it would be at 20k levels (16k now but reached 20k once anyway) so if we told them it would be like that, they would have assumed we are crazy. That pizza for 10k is worth 160 million today, could you imagine telling that guy "do not pay 10k bitcoin for 20 dollars worth of pizza, that 10k bitcoin will worth 160 million dollars in few years!", he would have assumed you are crazy.

So, 100k will happen, and to everyone who thinks it won't, they just can't imagine big enough.

kpierce77

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Quote from: lunnatic on November 14, 2020, 08:43:24 AM

$ 100k is a very high level for Bitcoin, I don't know if Bitcoin will be able to reach that price,
if seen from the chart now it is still very possible for long terms, but the direction will change if the chart also changes

Bitcoin could very well hit $100K, but maybe not as fast as next year. Maybe after bitcoin hits a new ATH, we might have another market cycle. however where mass adpotions occur, bitcoin will very likely hit the $100K price tag

ethereumhunter

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Quote from: lunnatic on November 14, 2020, 08:43:24 AM

$ 100k is a very high level for Bitcoin, I don't know if Bitcoin will be able to reach that price,
if seen from the chart now it is still very possible for long terms, but the direction will change if the chart also changes

Bitcoin can reach that price, but we need to have a big patient to wait because bitcoin will not always increase in a short time. We can see what will happen with the bitcoin price now. The price increases slowly but surely, and although the bitcoin price now is down, I am sure that the price will rise again and break the high price. It seems the chart is okay, and it still gives a sign to go up, so maybe we need to wait for more.

lunnatic

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$ 100k is a very high level for Bitcoin, I don't know if Bitcoin will be able to reach that price,
if seen from the chart now it is still very possible for long terms, but the direction will change if the chart also changes

shoreno

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Quote from: Chrystora123 on November 13, 2020, 11:09:14 AM

I always welcome the new year with an optimistic attitude

same here because everytime a new year has started , my energy levels for btc and other cryptos are also getting higher . we wont feel this when we dont know the history of them . cryptos really starts good when the year is still fresh but eventually unexpected things happen like they can get a decline in thier value , stuffs like that .

Quote from: Chrystora123 on November 13, 2020, 11:09:14 AM

but Bitcoin up to $ 100k is something I don't really dream about in 2021. I really believe Bitcoin will break $ 50k (ATH) in 2021

you dont believe that 100k value for btc can happen but you believed that 50k can happen . theres no big difference to that because 50k is just half of 100k and 50k amount is still huge in which i dont think itl happen in just 1 year

Janation

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Quote from: el kaka22 on November 13, 2020, 07:15:52 AM

Quote from: Janation on November 12, 2020, 09:28:55 PM

~

It doesn't mean that it will continue this way, but it also doesn't mean that it won't continue this way, either options could happen. I say there is as much chance of bitcoin going to 100k in 2021 as there is a chance it won't, they are 50-50% possibility in my mind, we don't know what will happen.

If I had to really make a case for why it could be 100k (which shouldn't be too hard) it would be companies getting involved could make bitcoin go higher and higher.

These are places that gets involved with hundreds of millions of dollars when they do and when you get that much money (assume one billion per month) you are increasing the price of bitcoin non-stop, and they will not suddenly stop and say "let's wait for it to go down" they are doing this 10+ year long term, so they could get in anywhere they want.

I like that perspective.

We may never know what will happen but if that is the case, where these corporations or people are involved, we could be there in no time. Although we never know if that is actually what they are thinking. There are a lot of them that don't want to be part of this community; a scam, a bubble that would pop in the near future usually is their idea about it. Maybe something is changed these past years.

ACryptoEconomy

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Given the perspective and goals some here seem to have, I can understand the profit-taking. Have a sound profit-taking plan and stick to it.

If your idea of taking profit allows for selling then trying to re-buy later at a higher price, that's not a profit-taking plan and you need to re-adjust.

HODL what you can. It's still the same binary outcome. Either Bitcoin succeeds and we get to millions per coin in the long-term, or it fails and goes to 0. There's no in-between. That's more clear now than it was back then.

maydna

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Quote from: EdenHazard on November 13, 2020, 01:01:42 PM

Quote from: maydna on November 12, 2020, 10:51:13 PM

~snip~

A lot of people who holding bitcoin right now will stop holding even when it's reached 200% from $15k to $30k .

They would think it's enough, and i do believe there only few people who stand till the end if the price really touches $100k.
It's just the same thing when people sees bitcoin at $500 back in 2016 2017 , those who holding $500 to $10k ... i bet very few. They lured to sell it off once they sees the profit is more than enough at $1500 which it's 300%.
So yeah hard to believe there would be a lot of people being loyal waiting and hodling till that price from now.

Perhaps people who don't hold bitcoin in a large amount will still hold their bitcoin, but for people who hold a large amount of bitcoin, they can sell in a large amount of bitcoin, and they will wait for the correct time that will happen after the price reach the peak price.

Although I don't have much bitcoin, I will still hold my bitcoin and wait for the price touches $100k to make me get a bigger profit. But I will also sell my bitcoin when the price can touch more than $20k because that is the last time I sold my bitcoin at the highest price a few years ago.

In 2016-2017, people didn't imagine if bitcoin can touch $10k, and once the price reaches that price, they sell in a rush and quit from the crypto market for a while until all of the coin prices is drops significantly.

So right now, I think people will still waiting until the price can be more than $20k, perhaps less than $30k to sell their bitcoin because they want to make a big profit after waiting for a long time ago.

ACryptoEconomy

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Okay it does seem most aren't watching the video

Here are cliff notes:

Thesis - $100k likely in 2021, almost certain next 2-3 years.
From early on it's been clear adoption and purposefully designed price appreciation will be binary.
I was expecting $10k by 2017 in 2013, we touched twice that.
The failure possibility gets closer to 0 over time.
Macro events taking place faster than some, and I, expected. Adoption as a reserve asset, positive narrative amongst hedge fund managers and retail-facing investment houses as a store of wealth, consumer adoption (Paypal), public-facing treasuries etc.
Logarithmic time-series model from 2013 still significant - https://pbs.twimg.com/media/D_Jdc0EU4AAQO0g.jpg
PlanB's S2F and S2FX proving accurate - https://100trillionusd.github.io/

That's it. Either way, it's an exciting time, while also not exciting that fiat systems are suffering and sinking citizens accordingly. Hence my attempts at motivating those who aren't already in the ecosystem, to get out of the fiat one. I might make extraordinary claims, if so, they're genuine beliefs I hold according to sufficient evidence to make claim of a possibility. I wouldn't say anything I don't actually believe.

bitbunnny

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We see that every time when Bitcoin price is rising people come with exaggerated predictions for the future. I don't know what is the meaning of it but 100k in 2021 is not realistic.
I don't expect that price will be on the growing path all the time without corrections and that market will experience only positive trends.

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