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Topic: Bitcoin will reach $100k within 5 years from now - page 4. (Read 4662 times)

legendary
Activity: 3472
Merit: 10611
it could very well reach a price of $100k per coin within 5 years from now.
I don't imagine that Bitcoin for the next five years will be able to break through at the level of $ 100k.

$100k is not really as big as you may think. it just looks big because right now we are used to 4 and 5 digits numbers for the price otherwise to go from $10k to $100k is just a 10x rise. in 2017 alone we had a >20x price rise. so it is not really surprising to see a smaller version of that rise within a year instead of 5! and i believe that will easily happen in the next bubble which will probably start near the end of 2020 (the bubble that is the end not the rise itself).
legendary
Activity: 2128
Merit: 1775
it could very well reach a price of $100k per coin within 5 years from now.
I don't imagine that Bitcoin for the next five years will be able to break through at the level of $ 100k.

Maybe if this happens, I'm sure 80% of people in this world experience the most devastating shocks in their souls, such as the Atomic Bomb that fell on Nagasaki, Japan, the World War II.

However, let's look at Bitcoin to the base price, the lowest of all time: $ 65.53 on (05 Jul 2013), and the highest price: $ 20,089.00 on (17 Dec 2017).

The two examples above can also be time bombs that will occur against the price of Bitcoin to come, or vice versa.
hero member
Activity: 2268
Merit: 789


What's your opinion?  Huh

Well it is indeed possible but giving a time-frame of only five (5) years? I doubt that reaching that kind of price will happen in that given time-frame. I would say that once the remaining bitcoins left are mined-out completely, then we can expect a significant boost on its price as well as the transaction fees increasing.

People have been speculating about the price of bitcoin reaching considerable large amounts but we must always consider factors that affect its price before reaching to this kind of conclusion.

My opinion for this condition, it's hard for that span of years to see Bitcoin reaching that price. That was too expensive for everybody, and yet 5 years is too short before the developed market established a good marketing approach. Long term for $100k might take 10 to 15 years before we see this projection comes to reality.
We do not really know what it is going to happen, while now we accept as fact that bitcoin came close to the price of 20k back then you would be hard pressed to find too many people that predicted the price of bitcoin could grow to those levels that fast, even the current prices are incredibly high to me, so 100k in 5 years is not outside the realm of possibilities but I admit that it will not be as easy as some may think but even if that happened in 10 or 15 years that is fine with me since I prefer to hold my coins anyway.

When its price reached $20,000, almost all people lost their pants and started impulsively purchasing bitcoins then its price dropped suddenly. I can only see reaching this kind of price when its total supply are mined-out completely.
sr. member
Activity: 756
Merit: 252
My opinion for this condition, it's hard for that span of years to see Bitcoin reaching that price. That was too expensive for everybody, and yet 5 years is too short before the developed market established a good marketing approach. Long term for $100k might take 10 to 15 years before we see this projection comes to reality.
We do not really know what it is going to happen, while now we accept as fact that bitcoin came close to the price of 20k back then you would be hard pressed to find too many people that predicted the price of bitcoin could grow to those levels that fast, even the current prices are incredibly high to me, so 100k in 5 years is not outside the realm of possibilities but I admit that it will not be as easy as some may think but even if that happened in 10 or 15 years that is fine with me since I prefer to hold my coins anyway.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
It is totally possible that after 5 years bitcoin reach 100,000$. Even bitcoin is very volatile there is a chance that bitcoin reach that price and as you can see some professionals predict that after this year the price of bitcoin might pump up to 1,000,000$. Maybe we should hold our bitcoin and wait for 5 years and let's if bitcoin truly hit the price of 100,000$.

No one knows what exactly will happen with Bitcoin's price within a few years from now. Even experts have seen their predictions fooled by wild fluctuations in price. While this is true, it's evident that Bitcoin will become valuable over time because of its deflationary model. As it tends to become scarcer every 4 years, demand will rise across the crypto market. We just have to be patient in order to obtain good results over the long term. Being desperate for money will only make matters worse.

As for the $100k goal, I believe that it could easily become a reality within 5 years from now. Considering that Blockchain advances at a fast pace, 5 years is a lot of time for Bitcoin to improve into a scalable cryptocurrency for the masses. With scalability, comes massive demand as people will be using Bitcoin just as they would with an ordinary Fiat currency. It's hoped that the Lightning Network would bring a massive boost in Bitcoin's adoption within the not-so-distant future. Right now, prices are fluctuating between the $7.5k - $9.6k goal probably because of market manipulation by whales. Once the real bull market begins, you could expect Bitcoin to reach a slightly higher price than $20k (2017's ATH) paving the way towards $100k in a matter of months.

Nonetheless, time will tell us whenever Bitcoin will truly be able to soar in price or not. ETFs and futures may prevent Bitcoin's price from increasing any higher in the long term (due to shorting). As long as institutional investors come into play, we'll be able to see money pouring into the pioneer cryptocurrency within the upcoming years. Just my opinion Smiley
sr. member
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform
It is totally possible that after 5 years bitcoin reach 100,000$. Even bitcoin is very volatile there is a chance that bitcoin reach that price and as you can see some professionals predict that after this year the price of bitcoin might pump up to 1,000,000$. Maybe we should hold our bitcoin and wait for 5 years and let's if bitcoin truly hit the price of 100,000$.
full member
Activity: 2128
Merit: 180
Bitcoin potential is yet to see new high they are many price predictions in the market like 30000 dollars and 100000 dollars probably we may see new alltime high in the coming future


But the sudden drop right now makes people doubt about the future price of bitcoin and they are still panicking because the price can still go lower than expected. We see the pump before and its hard to achieve new ATH if bitcoin continues to behave like this. We can reach higher price maybe in the next 10 years of bitcoin or more but let’s hope for a big pump soon.
member
Activity: 448
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Bitcoin potential is yet to see new high they are many price predictions in the market like 30000 dollars and 100000 dollars probably we may see new alltime high in the coming future

legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
Everything is possible in the cryptocurrency market. We have seen Bitcoin reach $ 20k in 2017, 5 years is a very long time so it is possible for Bitcoin to reach $ 100k. Perhaps at that time a lot of people on this forum would become millionaires

Agree. So many things could happen within a time-frame of 5 years from now. After all, the Blockchain industry improves exceptionally fast over time. In 5 years, it's hoped that Bitcoin's Lightning Network is ready for mainstream use delivering instant, and cheap micropayments worldwide. This will create a level of demand that's never before seen since 2017. People will buy Bitcoin in mass, as it'll become an extremely versatile cryptocurrency in the future. A target of $100k per coin would be largely possible within a couple of years from now. Even many experts have predicted that Bitcoin will reach $1m soon. Everything will depend on the level of demand among people in the mainstream world for sure.

Nonetheless, with enough patience and dedication, early adopters (like you and me) could obtain greater benefits within the future. On the other hand, newcomers into crypto might sell their Bitcoin during the bear market. Once Bitcoin's prices get past $20k, then I'm sure that people will gain the sentiment of "FOMO" once more. The target of $100k seems more closer to us than we've thought. Just my opinion Smiley
sr. member
Activity: 1176
Merit: 286
Everything is possible in the cryptocurrency market. We have seen Bitcoin reach $ 20k in 2017, 5 years is a very long time so it is possible for Bitcoin to reach $ 100k. Perhaps at that time a lot of people on this forum would become millionaires


I agree with you
5 years is a long time , where lot of changement can touch bitcoin (positive effect) like acceptance of ETF
in 2017 bitcoin rise 20k and no one was expect reach those prices
with level 100k  same thing can happend 
hero member
Activity: 983
Merit: 502
Everything is possible in the cryptocurrency market. We have seen Bitcoin reach $ 20k in 2017, 5 years is a very long time so it is possible for Bitcoin to reach $ 100k. Perhaps at that time a lot of people on this forum would become millionaires
legendary
Activity: 2534
Merit: 1338
With an ever-growing user base, as well as, development and innovation, Bitcoin is heading towards new heights within the mainstream world. We've already got the Lightning Network in the works, atomic swaps are on the way, privacy solutions have already started taking place (with CoinJoin wallets like Wasabi and Samourai), and ETFs are on the verge of being approved soon. With all of these exciting events, there's no reason why Bitcoin shouldn't rise in price in the first place. I believe that it's very undervalued right now, but with greater demand from institutional investors, prices could hit the roof.

If Bitcoin continues its pace, it could very well reach a price of $100k per coin within 5 years from now. Even if it takes a little longer than that, Bitcoin might still reach that price because of its deflationary design. With everything in place to become a successful cryptocurrency, I'm sure that demand will rise over time.

What's your opinion?  Huh

I have no doubts that we will eventually reach that price, what I do not know is if it is going to happen during that time frame, but at least to me that is not important because I'm willing to hold my coins for as long as I need to in order to get the results I want, but that doesn't mean that bitcoin cannot surprise us and reach that price during the next five years, if you had asked me at the beginning of 2017 if bitcoin will reach a price close to 20,000 dollars I would have said no and yet it happened.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
It's going to get harder to reach new highs the larger this market becomes, so it wouldn't surprise me if we at one point have a period of 5-10 years between bottoms and highs, similar to how boom and bust cycles work in legacy markets.

I don't think that we're at that stage yet, but after breaking $20k and making higher highs, the process of bottoming out afterwards will be painful and slow, where a new all time high (if ever) will also take a very long time.

Completely agree with you, mate. It's becoming harder for Bitcoin to get past its latest ATHs after a long-standing bear market. Right now, it has declined considerably in price going from nearly $10k to just $8.3K in a matter of days. We only have a few months before the end of the year, and looking at the current market trend for Bitcoin, it seems that it might take a little longer before it gets past $20K. After Bitcoin crosses the goal of $20k per coin, then I would expect for it to continue a positive uptrend in price for at least a couple of months later. Everything will be the same as 2017, where prices kept rising towards new ATHs in price.

Perhaps, 5 years may be a short estimate for Bitcoin reaching $100k after all. That's because price movement is rather slow, than we've ever thought. We need something that would increase demand for Bitcoin within the mainstream world. I believe that the Lightning Network will help with this, but without proper marketing/promotion, everything will be the same as it is right now. Mainstream crypto companies like Coinbase and Binance, would need to adopt the Lightning Network at a large scale in order to attract people into it. Only then, demand for Bitcoin will rise at an unprecedented rate like never before. In the meantime, while prices are still low, it would be best to buy as much Bitcoin as you can with your Fiat currency of choice before it's too late. I have a feeling that this opportunity will not last for long as institutional investors come into play within the not-so-distant future. All in all, we should be prepared for the next bull market which could happen anytime. Just my thoughts Grin
legendary
Activity: 1946
Merit: 1137
$100K will be possible if Bitcoin will be commonly used around the world for direct spending but if Bitcoin will just depend only on pure investment then it will be impossible to hit that figure because the more Bitcoin become more expensive then the more it will become difficult to purchase by the small time investors which are majority in the crypto community. 

that's for $1 million and more price levels that we need that kind of mass adoption that you have in mind. otherwise for such low prices such as $100k per coin we only need a small adoption heading towards moderate one. it will be the continuation of the rise that we had so far and it will most probably be reached by the end of 2020 as the halving hype also helps fuel the next rally.
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
$100K will be possible if Bitcoin will be commonly used around the world for direct spending but if Bitcoin will just depend only on pure investment then it will be impossible to hit that figure because the more Bitcoin become more expensive then the more it will become difficult to purchase by the small time investors which are majority in the crypto community. 

   We can compare usage this days and from 5 years ago. Bitcoin user base is growing and more people will join. I believe that Bitcoin price
can reach 100k even sooner that most people think.
   No matter how expensive Bitcoin is, we don`t need to buy whole Bitcoin. You can buy as little as you can, now buying Bitcoin is investing
in the future, but time will come when we will be able to use Bitcoin everywhere.
full member
Activity: 630
Merit: 103
$100K will be possible if Bitcoin will be commonly used around the world for direct spending but if Bitcoin will just depend only on pure investment then it will be impossible to hit that figure because the more Bitcoin become more expensive then the more it will become difficult to purchase by the small time investors which are majority in the crypto community. 

hero member
Activity: 2926
Merit: 640
We haven't had that kind of increase in mass adoption for years and we can't expect it to suddenly happen now. Sure there is always a possibility but we can't make our predictions of bitcoin price in the possibility of a mass adoption, that is just very thin to hold all of that load.

I feel like bitcoin price could be $100k in 5 years only if everything goes perfectly well according to the plan, otherwise there is really no way it could reach those prices. If adoption continues, if price continues to hold high, if there are more investments into bitcoin companies and not just bitcoin, if there are new stuff keep coming up every month, than yeah sure bitcoin could go there but like I said in order to have that we first have to have no bad things going on.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
5 years ? With huge mass adaption of bitcoin i think after  2 to 3 years price could be more than $100k and also insert the upcoming halving it will help bitcoin price to increase
The real problem is how to get a huge mass of people to adopt Bitcoin so that the years needed to see $100k will take a short time instead of waiting for 5 years. But we don't have to remove the possibility that it might take 2 to 3 years in order to see the $100k since Bitcoin price is always unpredictable.
In cryptocurrency investing,there’s no good if we will rush everything since this is designed not just for today but in the next couple of years
5 years is enough for bitcoin to even reached more than$100k
When we reached $19+k in 2017 everyone thought it will continue growing but suddenly the following year brings us nightmares so with this 5 years chance I think possibilities are always there
full member
Activity: 938
Merit: 137
5 years ? With huge mass adaption of bitcoin i think after  2 to 3 years price could be more than $100k and also insert the upcoming halving it will help bitcoin price to increase
I don’t think that we will ever ever see the price of bitcoin at one hundred thousand dollars. If this happens, which I deeply doubt, then for a very short time and with very large negative consequences for the entire cryptocurrency.
We already saw what happened to the cryptocurrency market after Bitcoin reached a price of about $ 20,000 at the end of 2017. Panic among investors will begin much earlier than Bitcoin can reach such a high price. Bitcoin, of course, has not yet been fully studied in this regard, however, the usual human greed and just fear for their invested funds will prevent the emergence of a high price for any cryptocurrency. Theory is theory, but practice will always make its own adjustments.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
Bitcoin is stable at the moment but I cant wait for another bull run and hit at least 20K within this year.

Bitcoin is miles away from 100K. 5 years is a long time and its not impossible.

This year getting to $20k to me looks impossible not because bitcoin can't increase to that though but because nothing to cause the move. 100k is possible in my view, within 5 years we can have something to move it.
Moreover, for 20k this year is unlikely to be achieved. Indeed, there is still time to hit at the end of the year, but if there is a surge that occurs maybe at least it will touch 15k but that is also still doubtful because it seems like there is no higher increase until the end of the year. Growth indeed continues and we do not know what will happen until the next 5 years, high prices do not become the main I think because the most important is the existence that is expected to be better and be a concern in the world.
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