Topic: Bitcoin will reach 100K! OK and then? - page 4. (Read 836 times)

I agree. I don’t think that we should worry something that hasn’t come yet. Overthinking would only bring us stress and are us more emotional than we already are. I also think that correction would most likely to happen given the case, the rising and falling of the price since people would definitely have their own decision of buying and selling by that time. In my opinion, bitcoin falling back to zero is like people abandoning it for good, and I don’t think that will happen.

I don't think $100k means very much. More around the $500k mark I think we'll have reached a serious amount of solvency and more public acceptance. When it breaches the millions, thats when the coin has really had some impact on the world. But what that impact looks like is hard to say. Depends on what users, developers, corporations and governments allow it to be.

The prediction of reaching $100k is still not a reality so why do we have to worry or think too much about the after when we still haven't reached that point. Tbh, we don't even know when will we reach that price and it's difficult to know exactly what will happen after bitcoin reached $100k since there are a lot of possibilities. Correction is highly possible, same with the continue rising but one thing I doubt is bitcoin falling back to zero.

bitcoin could be $ 160k or more. This is not an amateur prediction, but a prediction that looks like it will come true. but if it falls to zero it is not possible, i just think bitcoin is in price decline for correction then it will fly higher like the experience already happened

I don't think anybody can accurately predict when it will reach $100k what we know is that it will reach this point in a particular day at a particular time. The market possesses volatility feature and this is a constraint for the variable

You should expect when we always reach the peak, it will have a dump respectively. That's the observation of everyone whenever we see new highs coming in for bitcoin.

At least for now and for the next couple of years, this is unlikely.

Well in my opinion, once bitcoin reaches $100k, it will be highly volatile. I predict a really bad crash, which requires strong nerves. I may not know the chart, but I can ensure you that it will never be a stable coin. Its fate says so, not me!

That is more unlikely than XRP reaching $100.

That is because all of them does not have a crystal ball that will know what will happen in the future. That is prediction, and prediction will be a prediction. We can speculate for when the time will happen, but we do not know for sure. When the price can reach $100k, many people will sell their bitcoin, and they all make a lot of money from that. The correction itself will always happen in the market, so you do not have to be a surprise. As long as you can use the time to buy and sell, you are good to go.

This is the magic of round numbers.  The average bitcoin price in 2017-2020 is $ 10,000.  This is also a round number.  

The $ 10,000 level attracted (and pushed away) the bitcoin price (like a magnet).  

We saw Bitcoin at $ 19,000,  $ 15,000, $ 3,500, $ 8,000, $ 12,000, $ 14,000, $5,000, etc.

At the end of 2020, a significant event took place -  the price of $ 10,000 has lost its sacred meaning.

We are now in uncharted territory.  

In my opinion, it's too early for us to dream of a $ 100,000 price tag.  Maybe I'm wrong.  However, when the price of Bitcoin surpasses $ 100,000 in the future, we will see everything we have seen at $ 10,000.  

We will probably interpret this as a bear market.  The drop in price to $ 45,000 will lead many to call Bitcoin a scam .

1. You can always buy mBTC or satoshis, you don't have to buy full bitcoin
2. You actually don't want to buy bitcoin, you are just busy shilling whatever altcoin. Please do that in the altcoin related boards, not here.

Very interesting.
But it seems to me that bitcoin is now too popular and inaccessible to purchase. We need to look for something else
I am now looking for a new currency that is not yet very popular and not very expensive. Just came across one project - XX Platform. I think it is quite promising. I made this opinion after reading the whitepaper on the official website

In any market, cycles do occur where the market will make a huge rise and then will make a correction and so on and so forth.

In Bitcoin's case, if you will see its trend starting from 2008 it has always been in the upwards. Yes we've seen numerous correction which is completely normal in any market but nevertheless, the trend is still upwards. Now what will happen if it will reached $100k?? It might consolidate for a bit or make a correction at that price before going into higher price again. After all that is the cycle of Bitcoin. Going higher and then correction and going even higher and then correction .

I am by no means expert, still, I'll tell you what I expect. I expect it to go much higher than 100k. And at some point it will crash again big.
Where to? Maybe even as low as 20-50k. You may be laughing now when you see these numbers as low. But if it falls there from 100k-500k, many will feel almost like it fell to 0.

Again, I am no expert and this is clearly not a buying advise. Please dyor if you want to invest.

Again, no one has the crystal ball to see what the future brings, obviously, it can either to up or go down simply as that. Maybe the question is what are you going to do with you have 1 BTC and the price reach that levels? You liquidate your precious bitcoin, or just take a portion and live your life to the fullest or continue to hold as long as you can.

For me? I believe Bitcoin will stabilize a little, and be less-volatile than what we experience today. Plus Bitcoin at 12 years old is still very young in my opinion. Price discovery could take more than a generation, like Gold.

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.

To understand where Bitcoin is heading to, you need to understand how it started, the price it started from and the value it started from as well. Just like every other innovative ideas or technologies which started from the scratch, rose to a great value, and still rising with no one able to anticipate what will become of it in the future or how huge it will be in the future, same can be likened to Bitcoin. Bitcoin started from somewhere, passed through tougher stages, doubts from people and so on, and gradually because of its potentials started having value; remember the amount sold for a pizza that is to show you at one point someone didn't or might not really have valued it or might had so much more to sell at such price (I stand to be corrected) and however, at the same point history was made. This case with Bitcoin is same with many innovations and technologiess out there.
What I am trying to point out is that, Bitcoin started somewhere without much value attached to it, then it started growing and today it is worth so much, with more brighter future ahead, that is to say, even when it gets to $100k, it will have no other option than to keep going further, because the more it grows, the more people value it. Of course there will be correction as it is normal with the market but yet it will continue growing. Lastly, nowadays institutional investors are going for it, platforms are adopting it,  what will happen when more gets involved? It will keep going and won't be stable like stablecoins.

When bitcoin was at its early stage, when people have not really known bitcoin, its value has not fallen to zero, so if the price will increase and reach $100000, that means it has become more adopted and more difficult to fall to zero, it is not possible for bitcoin to fall to zero.

Just let us all be admitting the fact that bitcoin is a deflationary money, the price may decrease today but before you will know over a long term, the price would have increased more than expected. This is happening because it has a limited supply which is only 21 million btc in total, and because institutions and people are getting to know how deflationary nature Bitcoin is possessing.

Bitcoin price will increase above those prices one day, probably in this decade, while its price will never reduce to zero as it is a deflationary currerency.

Firstly "fall to zero", really?

At $100k bitcoin will fall! just like it did at $20k, $25k, $30k, $35k and $40k.
This happens because sellers usually set their sell orders at these "round" numbers
or actually slightly before. There should be no concern though because Bitcoin
has greater potential than topping at $100,000.

Ultimately how can answer your questions accurately? nobody can say for sure,
its the future.

I am not expert so I do not know what really happens, with your condescending tone, it seems to me that you know something. Shouldn't you be the first to do explaining, am I right? Give me your knowledge because I do not know what happens after that, maybe people will get more money than they invested in bitcoin, or bitcoin will trend more than ever, a new ATH will be marked.