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Topic: Bitcoin will reach 100K! OK and then? (Read 847 times)

legendary
Activity: 2464
Merit: 1102
February 09, 2021, 01:19:43 PM
#81
After we reach 100k, we will go for 150k, and after we reach 150k, we are going to go for 200k, why do we need to stop? We could always go higher and higher. But people mistake that since we went up nearly 5x in the past 1 year, we could do that every year, we are not going to be 250k+ in 2022 February, that is going to be a tough task, and let's assume everything went amazing and we actually did became 250k next year, that will still not mean that we are going to be 1.25+ million dollars in 2023 February, these are not things that keep piling up on top of each other and keep growing that way.

It means if we move from 40k to 50k and it takes months to do that, it is going to take months to go from 100k to 110k as well, and months to reach from 150k to 160k as well, these will not be instant. Of course the "act" could be instant, we could do that in a day, but it will be months of "nothing" and suddenly we will go up.
hero member
Activity: 1008
Merit: 540
February 09, 2021, 01:13:37 PM
#80
Since Bitcoin is a decentralized cryptocurrency, no one can price it alone.  No one can say for sure where the price will end up.  But no matter what the price, people will always adapt to this price.
It's true even those who really an expert in analyzing bitcoin since it was decentralize and people keep choosing it than bank nowadays even celebrities are now advertising or giving information about bitcoin and daily there are newly investors who chooses this than putting there money into the bank, and if all people and other country that bitcoin is illegal there's nothing impossible to make it that price range and since other online companies are accepting bitcoin it will be use to be an eye opener for people to get confuse on what bitcoin really is.
sr. member
Activity: 1750
Merit: 267
February 09, 2021, 12:47:38 PM
#79
Since Bitcoin is a decentralized cryptocurrency, no one can price it alone.  No one can say for sure where the price will end up.  But no matter what the price, people will always adapt to this price.
legendary
Activity: 2674
Merit: 1226
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February 09, 2021, 10:55:40 AM
#78
We're almost at 50000 now. Impossible number to consider even back in November right guys? And now we need it only to double to get 100k. The dream figure majority of Bitcoiners themselves said was impossible this year.

But just prepare for the violent pullback! It won't spell the end for BTC but weakhands will let go;)
full member
Activity: 1189
Merit: 107
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February 09, 2021, 10:49:04 AM
#77
Many predicts bitcoin will reach 100K, 160K even 200K and more. but no one say what happen then? what happen when reach for example 100K? will be stable, fall to zero, continue with correction or raise more? what is your suggestion  Huh
Fall to zero?? This is so a funny statement.. Yeah I know you are a newbie but don't act like real newbie, you should learn about bitcoin first before you ask something like "nonsense"

If Bitcoin reach 100K even more, people who buy it in the past or now will gain big profits.. MONEY.
hero member
Activity: 2548
Merit: 605
February 09, 2021, 10:35:05 AM
#76
I do not think that we are going to reach 100k in this cycle, we are probably going to reach to a decent level, but not 100k, that seems too much. I would say something around 60-80 thousand dollars for sure, but that's about it, after it peaks over 50k, it should probably start to go down a bit.

I personally believe that we are going to have a bit more down time after that, reach to 30k+ levels once again and stay there for a few weeks, maybe 3 to 5, and after that we will have this type of bull run once more, it will allow us to actually end up with 100k+ at that point. There is no doubt that we will hit 100k, it is unquestionable of "will it" because we will, it is all about "when" because we all know bitcoin is growing bigger and bigger and there is no way that we could ever have anything else shocking, but we don't know when so we should be careful anyway.
hero member
Activity: 2926
Merit: 567
February 09, 2021, 09:15:55 AM
#75
Many predicts bitcoin will reach 100K, 160K even 200K and more. but no one say what happen then? what happen when reach for example 100K? will be stable, fall to zero, continue with correction or raise more? what is your suggestion  Huh

No reason why it will fall to zero when it reaches $100k the bubble issue is not existing anymore because of what Bitcoin achieved in the last ten years, but there will be a correction, there's always correction it's been part of the market, and continue to be a part of the market, correction is something that every investor are very much familiar with, the price could go even higher and go down it depends on the reaction of investors on a given situation.
sr. member
Activity: 1386
Merit: 250
1XBit.com
February 09, 2021, 08:32:40 AM
#74
Many predicts bitcoin will reach 100K, 160K even 200K and more. but no one say what happen then? what happen when reach for example 100K? will be stable, fall to zero, continue with correction or raise more? what is your suggestion  Huh
As usual, of course crypto has fluctuating prices and it will be very difficult to predict in the future, now the price of bitcoin has reached the highest ATH price ever and of course with a positive trend which will certainly make bitcoin prices continue to price increased and even according to some financial analysts, BTC price will be able to break the $ 50K price level by the end of 2021, but we still have to be vigilant if at any time there is a correction in the price of bitcoin which can fall at any time.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
February 09, 2021, 04:49:45 AM
#73
Twist and tale continues in BTC as the price started to fluctuate everyday it has already been dropped to 30k and again it's slowly gearing up for the next movement.
Lol what about now ? that the price Hype again ang brings the ATH for this Month? correction comes and we already Knew that always.
when the price Pumps there is a following drop but this year the fall did not stay long and recovers at once and much higher and higher.\
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I believe this volatility will continue again as BTC is giving us opportunity again and again people are selling in panic is really disappointing,
we are giving opportunities to Buy again when the the price fluctuate a while.
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it was 29k last night and again it started to pump that's how the market actually works and people need to understand that.
it fell down to 27k level , but recovers to 32k, then starts growing little by little and now ? boom another ATH.
legendary
Activity: 2632
Merit: 1023
February 09, 2021, 04:04:05 AM
#72
Then the simple answer is amazing, what answer you wanted?

If Bitcoin will reach $100K it will be one of safe haven asset (e.g. gold) since the price is high and have huge trading volume, many people will hold bitcoin to get ROI and Bitcoin will be adopted in many merchants.

Bitcoin will never be stable since it's not a stable coin, it depends on demand and supply... the price will changed every second due to volatility.

And Bitcoin will never fail to zero, at least it still have a value even got crash.


Bitcoin will be stable when it is the denominator, eg everything is calculated and paid for in BTC.

Then it will be USD etc that are seen as widely fluctuating
full member
Activity: 1708
Merit: 105
February 09, 2021, 03:29:10 AM
#71
Twist and tale continues in BTC as the price started to fluctuate everyday it has already been dropped to 30k and again it's slowly gearing up for the next movement.

I believe this volatility will continue again as BTC is giving us opportunity again and again people are selling in panic is really disappointing, it was 29k last night and again it started to pump that's how the market actually works and people need to understand that.
It seems that what you are worried about is not happening and bitcoin has continued to increase until now, although it did have a correction, but it was not long before it was back on track to increase.

usually what you say is very true, that the panic price will go down, so that people cannot think clearly and this is actually detrimental to themselves because they cannot think properly. because of excessive fear even though the next market turns towards a very positive direction. of course losses will hit those who have sold it in a hurry. let it be own experience because the market is what it is.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
January 28, 2021, 02:53:49 AM
#70
Many predicts bitcoin will reach 100K, 160K even 200K and more. but no one say what happen then? what happen when reach for example 100K? will be stable, fall to zero, continue with correction or raise more? what is your suggestion  Huh
I don't know what's the motive here but i believe that Bitcoin so far was being used as investment material in which will change in future .
when time comes that we or the crypto is willingly accepted of the world , for sure these question need no answer anymore because the demand and the use will dictate what maybe the future of Bitcoin .
But for the mean time?let's enjoy what market is giving us and forget the negativity for a while.
we don't know what happened then I think 100K is too high, if it is true then there will be a decrease like last year
Why there's a need for decrease last year ? meaning correction ? there had been correction happened for couple of times so jumping to this value can be happen at any time.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
January 22, 2021, 01:16:08 PM
#69
It wont be called a market if we wont see that fluctuation thing because those movements  does indicates that there a demand into it and without those then
we can really say that this one is manipulative. Reaching 100k isnt something a level that can be achieved and we do need a certain level of adoption and recognition
for us to get up that high.Whats next? we would hope for higher and we wont stop because we do much prefer on seeing the price way more higher than it was before
or into those levels where it do show its peak. The higher the better and  does indicate that we are doing well.
It is the psychological process that we're going to keep on thinking about once it reaches $100k.

But for the meanwhile, we're aiming to get back to the price that we used to see as its latest all-time high. $100k seems to be more possible this time because we saw the movement of bitcoin did within a month.

We're doing well even with those corrections.
hero member
Activity: 1652
Merit: 569
Catalog Websites
January 22, 2021, 12:41:16 PM
#68
Twist and tale continues in BTC as the price started to fluctuate everyday it has already been dropped to 30k and again it's slowly gearing up for the next movement.

I believe this volatility will continue again as BTC is giving us opportunity again and again people are selling in panic is really disappointing, it was 29k last night and again it started to pump that's how the market actually works and people need to understand that.
full member
Activity: 1064
Merit: 101
January 21, 2021, 06:45:11 PM
#67
Many predicts bitcoin will reach 100K, 160K even 200K and more. but no one say what happen then? what happen when reach for example 100K? will be stable, fall to zero, continue with correction or raise more? what is your suggestion  Huh
dump is going on, and trying to stay at the $ 30k level, this will be very crucial as many traders will be choose long this last support,
and possible manipulation will occur, since there is futures trading, Bitcoin price is really very volatile,
If still hold always monitor Bitcoin price, hopefully $ 100k will be reached in the future.
sr. member
Activity: 2842
Merit: 326
Vave.com - Crypto Casino
January 21, 2021, 11:41:21 AM
#66
we don't know what happened then I think 100K is too high, if it is true then there will be a decrease like last year
$100K is too not high for the price of bitcoin to reach, recalled in the first wave of Covid-19 in March last year bitcoin dumped to as low as $3900 thereafter price recovery began bitcoin price continue to pumped until it broke the last ATH of 2017 at the price mark of $20K, the bullish trend continued till price hit $40K just within some couple of days, however it seems the price is experiencing a correction now which is very normal Price Action hopefully once the bullish sentiment returns I am very sure the price will break $40K price mark and heads straight to $50K and thus trending and pullbacks continues till price hits $100K
legendary
Activity: 3710
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
January 21, 2021, 11:07:38 AM
#65
Nothing stops it from becoming a more valuable asset and cryptocurrency in the future. The fluctuations that we see around, we're used to it and it's part of itself being a valuable king of cryptocurrencies.

The goal of it is being served but at the same time, it's also showing another purpose that we're enjoying as an asset.
There are few things that does "stop" it from becoming more valuable. Obviously it doesn't technically stop it because bitcoin could be 100k and even more and there is technically no reason, but there are few logical reasons that may cause it to not reach there for a while longer.

One of them is the amount required, we had 15+ billion dollars just from few companies all bought bitcoin and holding and haven't sold in order to reach to 40k dollars, that means we would need even more, probably at least 30-40 billion dollars of money all buying bitcoin and holding without selling in order to reach to 100k, maybe even 50 billion dollars.

Now nobody can say that will not happen, but we can say that it is unlikely that someone will come out and spend 50 billion dollars on buying bitcoin that easily, it may be something of a stretch. So it is hard, not easy, not impossible neither, but hard.
hero member
Activity: 2366
Merit: 504
January 21, 2021, 03:34:37 AM
#64
Definitely gonna reach higher ATH after reaching $100K ofcourse. There's actually tons of things we gonna see changing when we reach that milestone and one of them is the market cap big enough for any country to be concern of as taxed object, but that gonna also come with massive adoption aswell and probably normalizing crypto as a way to pay transactions in internet universally.
It's not like after reaching that price all the crypto users gonna vanish out of thin air, they certainly gonna be expecting for an even higher price.
legendary
Activity: 3094
Merit: 1127
January 20, 2021, 06:46:01 PM
#63
the purpose of bitcoin is unlimited and will continue to grow over time.
The main purpose is to be the same as fiat/cash that we use for paying, good as money for transactions. The next one is being a digital asset which some institutions and economic expert can't still accept it.

Potential of bitcoin to grow is unstoppable. Although its future is unknown but to determine it today up to the next years to come, it's certain here to stay and it shall pass $100k.

The main goal is to serve its purpose, it's indeed to act as like fiat placing all the authorities with the owners hand and not into institutional banking system.

There's no correct amount of value since adoptions and acceptance will serve as the deciding factors to weight on how Bitcoin will rise up, with limited supplies vs the numbers of possible users that will adopt this system, we can't say accurately but it will  more valuable in the future, we've seen the glimpse and once it continue doing the same, who knows it will be more than what we expect it might be.
Nothing stops it from becoming a more valuable asset and cryptocurrency in the future. The fluctuations that we see around, we're used to it and it's part of itself being a valuable king of cryptocurrencies.

The goal of it is being served but at the same time, it's also showing another purpose that we're enjoying as an asset.

It wont be called a market if we wont see that fluctuation thing because those movements  does indicates that there a demand into it and without those then
we can really say that this one is manipulative. Reaching 100k isnt something a level that can be achieved and we do need a certain level of adoption and recognition
for us to get up that high.Whats next? we would hope for higher and we wont stop because we do much prefer on seeing the price way more higher than it was before
or into those levels where it do show its peak. The higher the better and  does indicate that we are doing well.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
January 20, 2021, 05:49:37 AM
#62
the purpose of bitcoin is unlimited and will continue to grow over time.
The main purpose is to be the same as fiat/cash that we use for paying, good as money for transactions. The next one is being a digital asset which some institutions and economic expert can't still accept it.

Potential of bitcoin to grow is unstoppable. Although its future is unknown but to determine it today up to the next years to come, it's certain here to stay and it shall pass $100k.

The main goal is to serve its purpose, it's indeed to act as like fiat placing all the authorities with the owners hand and not into institutional banking system.

There's no correct amount of value since adoptions and acceptance will serve as the deciding factors to weight on how Bitcoin will rise up, with limited supplies vs the numbers of possible users that will adopt this system, we can't say accurately but it will  more valuable in the future, we've seen the glimpse and once it continue doing the same, who knows it will be more than what we expect it might be.
Nothing stops it from becoming a more valuable asset and cryptocurrency in the future. The fluctuations that we see around, we're used to it and it's part of itself being a valuable king of cryptocurrencies.

The goal of it is being served but at the same time, it's also showing another purpose that we're enjoying as an asset.
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