Bitcoin will reach 100K! OK and then? - page 2.

RealMalatesta

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Quote from: AltcoinBuilder on January 13, 2021, 03:12:57 AM

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

Why do people think that there needs to be a stop on bitcoin price? Coca cola has been in production for god knows how many years and it kept going up and up and up forever and that is just one company, not even a currency itself. I believe bitcoin will have down moments for sure, it will either have correction, or a crash, or a bear period those are very well and valid things because everything in finance has those days and move on.

However if you look at the long term, it will be 100k, it will be 200k, it will be 300k and it will go on like that, and yes one day it will be one million dollars as well. People who expect it to be today are wrong and they should not really use investment as an option to earn money, but people who realize that in 10 years it will be higher, in 20 years it will be higher than that, and it will keep going like that, will make some money.

Fredomago

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Quote from: boyptc on January 19, 2021, 10:06:29 AM

Quote from: inanilujimi on January 19, 2021, 06:04:43 AM

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.

lukikato

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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

Wulan_maniez

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Bitcoin has gained a lot of confidence today, from safe-haven assets to hedging assets to inflation. Although it is indeed well known as an asset
with high volatility, even can be said to be extreme. When it goes up, the price will skyrocket, on the contrary when it goes down it will be
very deep. The price of bitcoin does vary when it goes down and also when it rises.
But if the price falls to zero, it's not possible once dude! especially after institutional investors start investing in bitcoin.

thecodebear

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I expect a mid-term peak somewhere over $100k later this year. The higher it goes probably means the larger the retail frenzy there is and therefore the longer and deeper correction/bear market afterward. Panic selling retail market will do their normal thing. But I expect institutions to keep buying large amounts of Bitcoin once the price drops from whatever peak, so I don't expect a long drawn out 80% crash and bear market. I could see something like the second half of 2019 play out though, where we get 50%+ half year long bear market before supply gets so scarce again because institutions have bought up so much from weak hands at that point that the price must go up.

So probably a peak somewhere between $100k and $200k, medium term bear market back to $50k - $75k perhaps, and then rising again back over $100k by second half of 2022. I think by late 2022 we'll probably have new ATHs above wherever it peaks at this year and the price will continue to push up as institutional investment continues and the retail market will come back as always once price moves up consistently again.

boyptc

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Quote from: inanilujimi on January 19, 2021, 06:04:43 AM

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.

Saisher

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Quote from: AltcoinBuilder on January 13, 2021, 03:12:57 AM

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

This is the first month of the year, there's still a lot of uncertainty, the market is still volatile it's still moving up and down, on the positive note institutions are already here and they are attracting more institution and many stock investors to invest, $100k is still attainable we can only answer if $200k is possible in the fourth quarter, honestly we are still traversing a new territory but a good one.

Reatim

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Quote from: AltcoinBuilder on January 13, 2021, 03:12:57 AM

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

This is a Trading world in which Each coins has their appeal and capacity , what bitcoin has may not in other altcoins same us altcoins has but bitcoin has not.

The logic is Volatility will always dictate the future and it's not us, we are only part of the cycle but the totality is that Investing will always be the keypoint to what will be the future of Bitcoin.
and also when Bitcoin Reached 200$ thousand ? Government will accept and use this , that is one thing that i am pretty sire as the value will safe their economy in devastation .

inanilujimi

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Obviously if bitcoin has a value of $ 100k which is a great achievement
what will happen next we may not be able to know for sure, but if you reflect from the previous one, the purpose of bitcoin is unlimited and will continue to grow over time.

el kaka22

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Quote from: iv4n on January 18, 2021, 08:29:39 AM

I think we will never see Bitcoin stable at one price, but with time and the price rise there will be less volatility. In last month Bitcoin was over $40k, went to $32k, now it's $36k... it can drop or rise for +10%, and that can be a lot! I believe when Bitcoin hit's some very high price one day, changes will be under 1%...
And of course we can always try to spend some coins, maybe with the price rise we can expect many countries to adopt it and we to be able to use coins wherever we want. Traders will trade if there's volatility, holders will hold anyway, I guess spending some from time to time is good, so there're tree choices of what can someone do when Bitcoin hits 6 digits, or 7 one day!

Bitcoin can "stay" stable for a while, but that is usually not for too long. Just to give an example, during august and September if I am not wrong it was basically 10k all around, it was around 10-12k range and never moved, and we are talking about over 60 days or so not playing that much.

However the funny part is, from 10k to 9k that is 10% change, from 40k to 36k that is 10% change, so people saw 40k to 36k as a HUGE thing, and you did too, but back in the day when it was simply 10k to 9k nobody really cared all that much, there was none who assumed it will crash and burn just because of that. So I believe as long as a drop is under 20% that is fine, going from 40k to 32k is fine, there is really nothing to worry about there. Obviously we are moving a lot up and down but about 10-20% range is nothing new for bitcoin, it always moved up and down that much.

stomachgrowls

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Quote from: AltcoinBuilder on January 13, 2021, 03:12:57 AM

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

Sky is the limit and expect for people who are here on this cryptocurrency market will really be aiming into those high numbers.When bitcoins price reached out 100k then whats next?

They will be aiming for 200k, 300k and so forth until it do hit up into a million which had been a hot topic or talks since from the beginning on reaching out that point.

People wont never be satisfied on the things that theyre been currently seeing. Lets presume that it do hit up a million then whats next? for sure people will say 10's of millions in price
and it would really be a never ending speculation.

What would happen next?if Bitcoin will reach out these levels then for sure that government's feet are already sweating up.

dimonstration

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Dimon69

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if bitcoin has reached $100k then it is very unlikely that it will return to zero, at that time price decline may only be $50k and the decline is just a correction, after which it will be more stable or higher.
this is just my speculation and I am not an expert

Correction is always possible in these market but it's still hard to determine upto how much BTC can rise in a certain year. I know it will be able to create more all time high but the question will be always when. We don't need to expect too much as long as we're able to study and monitor it's progress by keeping updated in news even the market is too volatile we can still have a chance to earn. Once it reached a certain amount the possibility of exceeding it sooner can always happen like &$100k to more than that but definitely with a corresponding corrections in between.

iv4n

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I think we will never see Bitcoin stable at one price, but with time and the price rise there will be less volatility. In last month Bitcoin was over $40k, went to $32k, now it's $36k... it can drop or rise for +10%, and that can be a lot! I believe when Bitcoin hit's some very high price one day, changes will be under 1%...
And of course we can always try to spend some coins, maybe with the price rise we can expect many countries to adopt it and we to be able to use coins wherever we want. Traders will trade if there's volatility, holders will hold anyway, I guess spending some from time to time is good, so there're tree choices of what can someone do when Bitcoin hits 6 digits, or 7 one day!

michellee

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Quote from: ?? on ??

if bitcoin has reached $100k then it is very unlikely that it will return to zero, at that time price decline may only be $50k and the decline is just a correction, after which it will be more stable or higher.
this is just my speculation and I am not an expert

That could be true, but we do not know and we hope that will not happen in the future as we know that if the price is decline is because of the correction, that will always happen. We can predict what will happen to bitcoin, including how much the price will increase this year or next year. But I am sure the bitcoin price will reach $100k in the future, so we need to prepare ourselves to join the party and sell our bitcoin.

Shasha80

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There are many possibilities that could happen if Bitcoin really hit $ 100k, it might become more stable, a correction occurs or even prices more
higher. But if fall to zero is an impossible possibility, I say this because if it is true that the price of Bitcoin has risen to a price of $ 100k it means
that the demand for Bitcoin is already very high, so it is impossible to fall to zero. To be honest, the movement of Bitcoin is very difficult to predict,
so when Bitcoin has reached the price of $ 100k must see news related to Bitcoin first. If there is a lot of positive news circulating, it is possible that
the Bitcoin price will continue to rise, but if a lot of FUD is circulating, the Bitcoin price will be corrected.

ene1980

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Quote from: ?? on ??

That is true and we do not know what could be the high price for 2021 and what if it just get dumped badly, though I do not think it may take that long time like from 2107 to 2020 it took to reach ATH again, but it could be much sooner than that due to various institution getting involved, bitcoin is being also being bought by people who ignored in start and said to be bubble etc.

Do you think that the 2017 rally is made possible just by individual investors, these institutional investors who are pumping money into the market made their investment during those period as well and they booked their profit and so is the reason we saw a huge correction after touching its all time high valuation and we should expect the same as these investors will book their profit.

CryptopreneurBrainboss

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Quote from: AltcoinBuilder on January 13, 2021, 03:12:57 AM

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

Nobody knows until we reach that milestone and get the surprise that it holds. If years back you were asked what will possible be the scenario when we hit the previous all time high of $20k what would your prediction had been? With all your efforts of been optimistic, a dump or flash correction would had been your easy guess but it didn't turn out that way.

The market continue soaring higher reaching new milestone with weeks. If you observe carefully many speculators have the $100k milestone at sight instead of other smaller trading value, meaning we might experience similar fate that befall the $20k milestone as that was also how that milestone was a focus point.

The possibility of that price have a very strong resistance is certain unless other factors has its effect on the market like bullish news on adoption, government approval or institutional investors etc but do note, all this are assumptions.

Dabs

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Bitcoin will reach 100k. When? This year or the next.

Today = 40k
2021 = 50k to 100k (or more)
before 2030 = 1m
before 2050 = 10m
before 2070 = 50m
before 2090 = 100m

I do not believe the price will ever be stable, unless you consider only the first 2 or 3 significant digits. When the price goes to 100k, it can go up to 110k one day, then down to 90k the next. That would not really be stable, but it will be range bound somewhere there.

We'll still see 30% to 50% corrections.

hatshepsut93

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If someone makes this kind of prediction about the next few years, they most likely are trying to predict the peak of the next bubble. But if someone talks about the price decades away from now, they might mean that they believe that the price will be stable around that value. Especially if they are trying to predict a hyperinflation of fiat currency.

I think predict what happens after certain price is even harder than predicting the price, which is already so hard that no one ever did it succesfully. No one has any idea when will the price be stable, or even if it will become stable at some point.

snipie

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Quote from: SiNeReiNZzz on January 13, 2021, 04:30:19 PM

My opinion?
It will happen and BTCitcoin will be worth 1 Million $.... 5-10 years I think...
-snip-

Now that's what I am talking about Grin

The actual bitcoin price trend is good but we need to stop talking about how BTC1 worth but instead how much 1 satoshi worth!

Topic: Bitcoin will reach 100K! OK and then? - page 2. (Read 836 times)