Topic: Bitcoin will reach $100k within 5 years from now - page 8. (Read 4662 times)

It is also very possible that in the same time frame it will reach a million dollars

We know that every possibility will come to bitcoin, including the increase in the bitcoin price in the next 5 years. No matter if people out there never think about bitcoin, but soon, they will know by reading or hearing from the other people or other websites. With the growth of technology, people will find out about cryptocurrency, especially about bitcoin because I believe that soon, bitcoin will start the rally to a higher price. And when people know about it, they will be amazed, and that makes them want to invest in bitcoin. But I don't think that many people can buy 1 bitcoin directly because, at that time, the price will be too expensive to buy. Maybe some people can buy 1 bitcoin, but other people could only buy part by part of bitcoin.

Bitcoin can touch $100,000 even in next year, if the bullish trend will continue, but it might take a decade or two before it will sustain $100,000 or higher. We basically need $100k to be a bottom, not top, and it will take many cycles to get there, and then there's no guarantee that these cycles will continue, halvenings will be less important in the future, and the bullishness can't last forever.

I think Bitcoin has a good chance of hitting (like, peaking) above $100k in 2020 or 2021, whenever this bull market peaks. But yeah in 5 years I think $100k will be a normal bitcoin price, as by that time it'll have gone up there very briefly, crashed, and slowly built back up, sorta the way $10k is for the moment.

LN will finally be useful by then, ETFs will probably be approved, hopefully the UX of actually using bitcoin and LN will be good by then, there should be at least a decent amount of places you can spend bitcoin by then, the financial industry (at least more open minded parts of it) should view bitcoin as a pretty normal investment for a small part of their portfolio by then. Hopefully honestly regulation will get rid of the questionable exchanges so that people feel a lot safer about not losing bitcoin, and hopefully there are some improvements to make hot wallets more secure and just easier in general to use and store bitcoin safely. By then you'll have 25 year olds who feel like Bitcoin is totally normal in society as they've known about it since way back in high school. It'll start becoming normalized in society, especially for the people who are just getting out of college, some of whom are coming out with great jobs and are looking to start making investments.

5 years ago Bitcoin was fringe and had just started to come garner a very small bit of mainstream attention.
Today bitcoin is just starting to get incorporated into the financial investment crowd, is just starting to get viewed as a future store of value by a lot of people, is starting to be used in countries with collapsing currencies, is talked about plenty by governments, in the tech world, in the financial world, and third party apps that allow payment at major retail chains are starting to be released.
5 years from now this will all be normalized for many people. Some stuff will be the same (like the is it more of an investment/store of value or the future of money), and the people who REALLLLY just don't get it will still be calling it a scam or for criminals, but they'll start be looked at as the fringe by then. And a 6 figure price being normalized will reflect this reality in 5 years.

It could be a mind-blowing how it goes to that high(very). I can't imagine how the crypto market looks like that 5 years from now.
Less fortunate people couldn't have a chance to buy bitcoin anymore and I don't feel that it could be considered as a currency but rather to be an investment. I'm not that too optimistic to see Bitcoin will surpassing $50k in the coming years.

I'm less optimistic about the time frames people think Bitcoin will reach $100k and beyond. It will only get more difficult to maintain prices the higher we climb up therefore aim at 2030 to have tested the $100k mark.

The price won't continue to go through the same parabolic bull phases endlessly. I'm not ruling out a multi (5ish) year bear market after a decade of constant price appreciation. One more crazy run and the genie is out of the bottle.

People might think I'm bearish but that's not the case. It's just a different (more realistic) opinion which probably won't be received well by the countless moon boys here. Can't please everybody.

Such price range will be difficult to get to without masses following up. The adoption will lead governments to support it with legal backing. It needs the population first in my view.

my thoughts as well. in terms of retracing the last bubble, the market is already paralleling summer 2016. and in terms of the parabolic structure (on the monthly chart) we could be acting more like early 2017. i'd be amazed if we don't hit $100k in 2020 or sooner.

When the price of bitcoin keep increases the scam attacks also will be increased which might create bad view on cryptos in the next few years if the security measures of cryptos be the same like now in the next five years as well.The knowledge of cryptos also need to get evolve while the price increases then only the real adoption will happen.

Well, it's best to have the support of governments worldwide in order for Bitcoin to reach new ATHs in price. Adopting privacy solutions would make situations worse, for the legitimacy of Bitcoin over the long term. Of course, not everyone agrees with this, since KYC is meant to target people's privacy in many ways. But, it's necessary to pave the way for this to allow governments to legitimize the space. Once this happens, then institutional investors will come into play, allowing Bitcoin to gain a massive upsurge in price within the short term.

Given how strong Bitcoin is in both user adoption, and development, it has all the odds of increasing towards $100k within a couple of years from now. This may sound very optimistic, by the truth is that Bitcoin's deflationary design will allow this to happen over time. Perhaps, the goal of $100k will take a couple of years from becoming a reality. But, it's important to know that Bitcoin will be here to stay for the long term. As long as, it remains relatively stable in price across the market, it can be used more as a digital currency than a store of value. Still though, the current properties of Bitcoin shows us that it suits more as a store of value than anything else. Which is why, I believe that prices will become a lot higher than what they are right now within the not-so-distant future.

Nonetheless, with full-fledged support from governments worldwide, as well as, mainstream adoption from everyday people, Bitcoin will be able to surpass its latest ATH in a jiffy. It's only a matter of time before this happens, since demand is at an ever-growing pace. After the 2017 bull market, the world has recognized that Bitcoin is the ideal digital currency for long-tern investments. By the end of the year, it's hoped that Bitcoin would head back to $20,000 per coin. Just my opinion

2024? Why do you think that? Better to provide some reasons for what you predict. Unfortunately people are just guessing prices for different  years.
Any way, you said you are sure of that. Why do you have such an idea?

well halving is not enough reason for bitcoin to climb $100k, although im sure bitcoin will reach that price by year 2024 ,bitcoin on that year is already strong.

I think its hard to say, as long as we don't get the permit from government there won't be any mass adoption, without mass adoption the price cannot be too high, even if the big companies adoption but without the government approval the price wont be going too high, so I think we can only hope but to speculate that far is impossible

Many people are waiting for halving. According to the diagrams, after both past halvings, the price has increased for a bout year. One in 2013 after 2012 halving and another one in 2017 after 2016 halving. If the pattern repeats, we should see a new all time in lately 2021. It can be 100,000 or even more. But nothing in the market is predictable. Should just wait and see if pattern repeats.

nod 

I think potentially we’ll see $100,000 per BTC at some point towards the end of 2021. My reasoning for this is that it usually takes a while for the reduced supply of bitcoin’s (due to the halving) to be reflected in the price. It’s all about the supply & demand - reduced supply & increased demand = MOON!

My heart grading me whenever I had about this type of positive views about bitcoin. It is not because I am holding but I feel that bitcoin is still very undervalued and if we look at what we can used this technology to do, $100,000 and above should be it rightful price. I am in the same views with you and 3 to 5 years to come Bitcoin should be able to trade above $100,000 because a lot private’s adoption are going on.

3 years tops and probably way sooner for 100k.

With the trend of bitcoin pages that are posting the all time lows, it's possible to see that 5 years from now we're likely to see $100k. I'm sure that I'll witness this great moment in the history of bitcoin.

And what I think is that we've already passed the one of the most crucial year for bitcoin and that was last year. Although I don't want to break my heart again by expecting that much but I'm already set for longer years to hold.

Price prediction after years a big task, and this will be done in accordance to the adoption happening around starting from an individual usage to corporate networks making use of cryptocurrencies. None could get a perfect price prediction, everything is a coincidence and there is more chances for $50000 as an user mentioned above. When the value goes higher and higher the governments will restrict the usage which too affects the growth.