If it keeps doubling each four months, we will be at $500k by the end of 2019.
Topic: Bitcoin will increase to $100,000 says expert - page 3. (Read 1921 times)
As per the report written by max keiser of RT.com. He says, the bitcoin will increase to $100,000 and only top 20 coins will remain stable.
Keiser also blames bitcoin cash for misusing bitcoin name and it is just alt coin and doesn't hold for long time.
see report here https://www.rt.com/business/410252-bitcoin-god-gift-keiser/
I am really not sure about that. That's a huge value for a currency knowing that Bitcoin in the first plac3 is a currency, a digital currency. I think its market value won't increase as that much since we don't know until when will the increase on its value will continue or last. I am expecting that its market value will be more expensive in the future but I don't really feel that it will reach as that much.Keiser also blames bitcoin cash for misusing bitcoin name and it is just alt coin and doesn't hold for long time.
see report here https://www.rt.com/business/410252-bitcoin-god-gift-keiser/
I as well think for now that saying that bitcoin will hit 100,000 is a bit of a stretch. We don't really know where it's going and how much it'll go up in long term. For all we know, we could end up seeing no bitcoin in 5 years or bitcoin in the moon in 5 years. There is just so much volatility that it's very hard to tell the overall future price of bitcoin far into the future. For now, I think sticking to a 10,000 dollar evaluation makes a lot more sense as an evaluation in my opinion.
i agree that only strong coins that will survive but we don't know what coins that will stay at the top twenty of coinmarketcap because every coins wants to be in a good position. and bitcoin is the strongest coins in the exchanges now and the other coins trying to follow bitcoin and they compete each other to get better position.
That price is very high and for sure it will hard to predict if that happen after few years because for sure the price maybe is 50k dollars and for sure the price of bitcoin will increase but not 100k dollars. For sure the price become 10k dollars before end of this year 2017. More bitcoin that you have more money to come with you.
I think so too. I mean Bitcoin has 7x more value than in January. Nobody expected that. I think onde it will hit 10k thinks will go really fast 
As per the report written by max keiser of RT.com. He says, the bitcoin will increase to $100,000 and only top 20 coins will remain stable.
Keiser also blames bitcoin cash for misusing bitcoin name and it is just alt coin and doesn't hold for long time.
see report here https://www.rt.com/business/410252-bitcoin-god-gift-keiser/
Keiser also blames bitcoin cash for misusing bitcoin name and it is just alt coin and doesn't hold for long time.
see report here https://www.rt.com/business/410252-bitcoin-god-gift-keiser/
Others have made similar predictions and some even predict that the price of Bitcoin will rise to $250,000 in the next 3 years. I think we will eventually see the price rise to over $100,000 but I am a little more conservative about the time frame. I think it could take several years but I do think it will eventually get that high.
I also think that many of the altcoins will do well also because of the various functions of theses different altcoins and the amount of money going into all these coins.
Even though there is no guarantee, that BTC will be worth $100k, this is not an absurd number. Once BTC hits 20 or 30k it's only 4x the price and if BTC is here to say, there are many many more years to get to this value.
By mentioning, that only the top 20 cryptos are going to stay, he is just referring to the current altcoin bubble. There are more than 1000 different coins, many of them are legit, many of them do not any value at all. After the current hype, one can be pretty sure, that not all altcoins are going to survive, but only for example 20% of the current coins. You could also refer to the dotcom bubble back in the days, if you want to.
Of course, Max Keiser has been a Bitcoin enthusiast for many years and he even launched his own coin back in 2014, for those, who remember.
By mentioning, that only the top 20 cryptos are going to stay, he is just referring to the current altcoin bubble. There are more than 1000 different coins, many of them are legit, many of them do not any value at all. After the current hype, one can be pretty sure, that not all altcoins are going to survive, but only for example 20% of the current coins. You could also refer to the dotcom bubble back in the days, if you want to.
Of course, Max Keiser has been a Bitcoin enthusiast for many years and he even launched his own coin back in 2014, for those, who remember.
This is bullshit. He either does not know what deflation is or is trying to mislead the public:
Sure, dollars' inflation rate can be changed and the expected supply can be changed, but it's not like the supply of Bitcoin has decreased by a multiple of ten since last year.
This is classic bubble euphoria. It's hilarious how he chose to mention lamborghinis as the example product to buy.
Honestly, Xavofat the argument you so struggled to advance is lost in thin air because almost everyone knows that total btc supply is fixed at 21million. Believe me, any slight increase to that will ultimately see the end of bitcoin.I can buy ten times more Lamborghinis this year than I could last year with the same amount of bitcoin. The US dollar is an inflating asset. There are trillions more of them every year. The amount I need to buy a Lamborghini keeps going up, not down.
He refers to the fact that the US dollar supply increases (which it does) while not mentioning that the Bitcoin supply is actually increasing as well.Sure, dollars' inflation rate can be changed and the expected supply can be changed, but it's not like the supply of Bitcoin has decreased by a multiple of ten since last year.
This is classic bubble euphoria. It's hilarious how he chose to mention lamborghinis as the example product to buy.
OP, always have it at the back of your mind that all predictions on the bitcoin have all failed. The highest projection for btc in 2017 was around $2,000 - $2,500. But we all know the last time btc tested that level during its plunge. All predictions towards the btc have failed woefully. No one expected it would get to $6000, let alone $8,000 its ATH.
That is the important point. Because of the limits, bitcoin is here to stay, if used wisely.
I don't find any solid research or base behind this report. First of all, on what bases max keiser is claiming that all other coin except top 20 will vanish. Such article are not trustworthy and are there just to create a fake hype to boost market.
Even I don't think BTC at $100K is not an easy journey. Its legality status is not clear all around the world, which is the biggest obstacle on its way. No central authority will like to loose control from their hand.
Apart from this hindrance, it got potential to grow and touch the moon.
Even I don't think BTC at $100K is not an easy journey. Its legality status is not clear all around the world, which is the biggest obstacle on its way. No central authority will like to loose control from their hand.
Apart from this hindrance, it got potential to grow and touch the moon.
yes bitcoin will reach this price within a few years. It only makes sense, that when something is scarse, the demand will rise, and so will the price.
What is the alternative really???
What is the alternative really???
Of course it will. It is just a matter of time. The ones brave enough to wait will be rewarded. The others will sell for "pennies".
I'm more concern about the "top 20 coins will remain stable" statement. Which are those 20 coins that will be on the top 20 list?
he said:
“Ninety percent of trading is in the top 20 coins, and that will continue. Coins will come and go. The composition of the top 20 will change less frequently. It's similar to the thousands of stocks that trade on the NYSE and NASDAQ. Over the years, many disappear, new ones are listed. The difference being that with crypto, things move 100 times faster,”
Talking about the Bitcoin's price - it would be easy for it to reach $10K, but it might be take even longer time for it to cross $100K.
when the price was only $1000 had many analysts who said that by the end of the year bitcoin would reach $7000 and many people criticized saying it was an exaggeration, but today the price is $7,700
I hope it will come true so that I can buy my own house and lot also a brand new car. Hope bitcoin price will reach to $100,000 praying for this..
maybe in 20 or 40 years, if you're willing to wait that long, good luck, but remember: your girlfriend will not wait 40 years for you to take her for a car ride, women are demanding
Haha. Actually because of girls, many are selling bitcoin very soon. They don't wait as we do, lol.
Max Keiser is right about Bitcoin Cash, it's just a clone that cost so much because is controlled and pumped.
He said that crypto world things move faster 100x times - he couldn't say this better, I agree that only Top 20+ coins will stay stable and rise along with Bitcoin where other coins will come and go or suffer unstable price.
Can the value of Bitcoin increase from 8.000$ to 100.000? One day it can. He gave a good example of Apple market cap from early 90's and today.
Bitcoin have limited supply, and only this year increased in value from 1000$ to 8000$. I think everything is possible.
He said that crypto world things move faster 100x times - he couldn't say this better, I agree that only Top 20+ coins will stay stable and rise along with Bitcoin where other coins will come and go or suffer unstable price.
Can the value of Bitcoin increase from 8.000$ to 100.000? One day it can. He gave a good example of Apple market cap from early 90's and today.
Bitcoin have limited supply, and only this year increased in value from 1000$ to 8000$. I think everything is possible.
People who are using bitcoin would die by this news if it comes true
I think all members of this chat will have fan if Bitcoin will increase to $100,000
Well, considering next 10 years, anything is possible as I am assuming the rate of growth of digital literacy will remain constant or move upwards. There are a tremendous number of people around the world who are completely unaware about this technology but I see a good potential which is going to bring this force into the Bitcoin (Just take the example of OLA/UBER or leading e-commerce companies). If the Internet-based services can bring such a massive change then blockchain/Bitcoin is an innovation itself and it will put a greater impact on the society.
Don't you thing 100K is too much for next 5 to 10 years to increase. Be practical and we all hope and wish to reach bitcoin 100k as soon as possible I am confident end of December 17 or mid of January 18 10k target will be achieved.
Bitcoin is this much popular and increase steadily with time because of its anonymity and decentralization. Other coins are either based on the same concept revolving around bitcoin or they are with no bright future for long term. Soon bitcoin will be 10k$ which is almost more than 10x of bitcoin this single year. Till all of the bitcoins gets mined we will be seeing this steady growth.
I'm more concern about the "top 20 coins will remain stable" statement. Which are those 20 coins that will be on the top 20 list?
he said:
“Ninety percent of trading is in the top 20 coins, and that will continue. Coins will come and go. The composition of the top 20 will change less frequently. It's similar to the thousands of stocks that trade on the NYSE and NASDAQ. Over the years, many disappear, new ones are listed. The difference being that with crypto, things move 100 times faster,”
Talking about the Bitcoin's price - it would be easy for it to reach $10K, but it might be take even longer time for it to cross $100K.
when the price was only $1000 had many analysts who said that by the end of the year bitcoin would reach $7000 and many people criticized saying it was an exaggeration, but today the price is $7,700
I hope it will come true so that I can buy my own house and lot also a brand new car. Hope bitcoin price will reach to $100,000 praying for this..
maybe in 20 or 40 years, if you're willing to wait that long, good luck, but remember: your girlfriend will not wait 40 years for you to take her for a car ride, women are demanding
I hope it will come true so that I can buy my own house and lot also a brand new car. Hope bitcoin price will reach to $100,000 praying for this..
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