Topic: BTC $100K-288K before Dec2021 ? - page 3. (Read 650 times)

It's easy to mistake guesses and predictions far into the future, I'm sure he will come up all sorts of excuses when it fails to get anywhere near that price. I am very bullish on Bitcoin, however those prices seem very unrealistic - especially now that normal business will be able to resume with a possible Covid vaccine on the horizon. People are generally much more comfortable putting money into the stock market, because it produces a return from real company profits, rather than speculated capital appreciation from holding an asset like Bitcoin. I hope it does reach those highs, but it seems extremely unlikely at present.

The fact that there were tons of small timers who sold during this period and a lot of big whales who collected is a fact, and it is a fact that we should never really ignore because it could affect the future of bitcoin. Sure we have the right to buy as much bitcoin as we want, however the more money collected at the hands of whales would make bitcoin into something only whales can play and we would be participating without any impact at all, we would be just riding their wave and it wouldn't really help us that way.

We moved to bitcoin world because we wanted to get as far away from whales control of fiat as we can, however if we give the control of bitcoin to them as well we won't be really doing ourselves any favor at all, we would in fact be harming ourselves and bitcoins future.

Stay still as predictions and who knows right, we are all free to state our thoughts about how value will push thru,
it's ambitiuos but in case things go along to that directions then for sure it brings a huge benefits.

Inside this industry there are so many unexpected things that happened, bitcoin always surprises us, for those who continouing
to believe and keep storing and saving their coins for retirement purpose will have a better life.

Well, PlanB is a very popular twitter account which shills just about bullish bitcoin alone. If forum people doesn't know about the twitter profile or someone similar like hodlonaut, it is certainly true that they have never visited crypto twitter and posting in this forum alone for additional sats. If this tends to continue, then people might one day ask who is Pieter Wuille or Van der laan   Coming up to the tweet, I don' think $100k is possible in near future or atleast for another 5 years IMO. If we reach something equivalent, the total market cap could touch $2.1 trillion which could be impossible within 5 years as that would be worth atleast 0.28 times the total net value of gold ever mined.

Replacing Gold with Bitcoin completely would certainly take atleast 20 years of time from now and we need the global regulations to be favorable for bitcoin as well for this to happen on a large scale. If bitcoin successfully replaces and destroys gold, we would be seeing the valuation of atleast $300,000 to $400,000 per coin. I would say this could be a far thinking into the future (like we are still in the pre-historic era and thinking about the period when Man lands on Mars) and if this tends to happen, lightning network and other side-chain scaling solutions would become mainstream. What is the purpose of bitcoin to be held in wallet without doing any real life transactions?

Adoption is another important factor which decides the so called $100,000 or $200,000 market. If people are still afraid to use bitcoin as a digital currency, then we would be enjoying the $5k to $20k level alone for a prolonged time period.

Oh no, how could you predict that? Many Bitcoin analyst have made optimistic predictions for the year ahead but you have gone over the moon. It is always hard to know what the outcome might be that's how the nature of market is, Yes for long-term or hopefully by the next decade you can expect that number but now it's quite impossible in real quick time.

PlanB is actually very popular, if you visit WO you will often see members posting his tweets there. Any link that leads to one of the accounts of social networks can be considered a kind of promotion, but I think that the intention here was not literally to promote someone, but his idea.


Here I will agree with Rikafip, I think you may have confused the terms, because I don't see any FUD here, before we could talk about causing FOMO (fear of missing out). However, if you have visited PlanB Twitter, it is clearly stated that his tweets are not financial advice.


You've probably never heard of Tim Draper, but find a video from 2014 and look at what he said then - and then look for a video from the same person from 2018 and listen to what he said about 2022/23. I’m not saying PlanB is right, it’s just speculation - but why does it seem impossible for Bitcoin to come from $15k to $100k in one year? This is only a little more than 6 times the increase, and during 2017 we had an increase of as much as 20 times.

Agree with you, and in my opinion there will be another bearish after bitcoin hit new all time high. but yeah, maybe we will see something incridible next year for bitcoin.

Bringing the Bitcoin in 100k$ in just a few months I don't think it's possible. If this true the price of Bitcoin might be bearish for long time . I don't expect the scenario ad we have in 2017 . I believe the price of Bitcoin is possible to increase up to 25k$ but in 100k that's too much and it will not bring good sight to Bitcoin . Many investors will be more afraid to invest if that things happen again.

I have read this man's tweets countless of times. I am not a fan although I am also not a hater. I just read his tweets in passing sometimes, not attaching too much meaning to them.

Let him promote his own analysis of Bitcoin's price in the future. Everybody is doing that. PlanBTC can do it too. Obviously PlanBTC is not the only one who is sometimes exaggerating in their price predictions of Bitcoin. He has the basis.

I personally don't think this is happening next year. But if it does then everybody's happy.

How much money has he earned with bitcoin and cryptos recently? I have never heard of him before. I would rather listen to an institutional investor rather than a blogger who try to allure people with nonsense things

And I don't care how much the price of bitcoin is in the future. IF you truly a bitcoin fan who has enough knowledge to make his own judgment, it is certain that you always have some bitcoin in your pocket. Presently, I just want to witness how far bitcoin will reach at the end of this year.

I don't think this is the case

S2F creator has ‘no doubt’ Bitcoin will hit $100K by December 2021


he is well known, if you follow the news on cointelegraph.com you will hear about him at least every 3 months and his analysis model has already been congratulated by many other analyzes


this is a speculation section and nobody said that making prediction was like saying that thing X will come true. prediction never had guarantees that it will happen

How impossible Bitcoin's price it was in 2017? From $900 to $20,000 in a span of 1 year.
Besides there's no certain indicator which way Btc will head. If you're looking for a sign for Bitcoin to carry that price, then these kinds of bullish speculations are most likely the sign that you're looking for, and there are a lot of bullish articles you'll find in the internet today saying Btc might hit $100k.
Btc has still a huge chance to make it to $20,000 till 2020 ends. Specially that we're currently in a bull market.

Well, I won't doubt predictions, especially one such as this that used models that are tested and proven from even way back then. Still, I follow what most people are thinking, it's still to early to predict a price for teh end of 2021. We're only approaching the end of 2020, and predicting the price for next year seems like something that could really be debunked easily with time. Not that I could anyway, I don't partake in analysis and stuff, I only hodl

It's actually possible, though that may result in a bubble similar to 2017/2018, which isn't really a good result when looked at in the long run.

$ 100k in 2021? If this is the case then Bitcoin should be above $ 20k this year,
because it is impossible for Bitcoin to rise to $ 100k- $ 288k in a short period of time,
there is no sign that Bitcoin is able to carry that price.

Bitcoin price predictions are a fun game...it's a win-win game.

See, if you make a price prediction - bolder the better - and you're right, well you become the prophetic bitcoin market predictor! And everyone will be looking to you for insight on the next big market moves.

But, if you make a price prediction - again, bolder the better - and you're wrong, well people forget about it within a few days and you remain in relative obscurity, pontificating about what may come next.

We should plot out all the public bitcoin price predictions made by "those in the know" to see how far off they've been and how frequently. The only thing one can do to win at bitcoin is to keep buying, just a little at a time but regularly and let the market build your stash organically.

I can agree with the lower bound at least - $100k. Even from his last chart, showing the last two bull runs, it shows clearly that they are becoming smaller (which is what you would naturally expect) and taking longer. I think we can see a peak price around $100k sometime in 2022, rather than 2021, and this chart points toward that. $288k is clearly not going to happen this market cycle, and certainly not a year from now. In general though the S2F model I think is pretty accurate, I think he is just getting over-hyped. The peak could happen in a year, rather than two years as I think, but that seems quite unlikely as we still have plenty of build-up to get back to $20k before the frenzy begins. $100k 2022 feels much more reasonable than $100k-$288k in 2021, even his own charts suggests this.

I never heard of that blogger, but he has good speculation about bitcoin price that will touch that price in Dec 2021. We will see so many speculations about bitcoin price in the next year, especially if bitcoin price can increase more than $20k or $50k in the next new ATH. People will always make their speculations based on what happened with the bitcoin prices. But unfortunately, that still be predictions, and we don't know if that will happens or not in the future.

We should focus on what we see now than to focus on the search for speculations or predictions. We can follow the bitcoin price journey from now on, and we can try to buy more and more bitcoin if we think that the price will increase to the highest price (that will happens soon). The important thing now is how we can have more and more bitcoin to prepare for the high price that can come anytime to make a lot of money from bitcoin.

He based his prediction on the S2F model, you can read it as someone has already posted the links.

So this is not just John McAfee II, at least  he has something to based upon as compare to John which is pure shilling and that's why it didn't happen. I advise you to read that thread and understand where the author is coming from.

We wouldn't want to see the price of Bitcoin heading $50,000 or even $100,000 in the future? Of course all of us who holds a good amount to become self made crypto millionaires? But it will be lots of bumps in the future and it will be not that easy road to take. You need to have that mental toughness as well and the right frame of mind as to when you are going to sell your Bitcoin in order to get a lot of profits.

What this? Is this the right way how we predict the possible price of Bitcoin in the future?
I'm sorry but I don't see it as a reasoned prediction. It is likely as his own theory using a popular thing to attract public public attention. Simply forget this new McAfee or McAfee II, this potentially ends with the same result as McAfee ever did.

Despite the limited number of Bitcoin remain to be mine before the total 21 million coins is achieved, it completely ridiculous for Bitcoin to reach the $100K-288K price range before the December of next year and it amazed how this people would just predict the market price base on previous trend calculations.

I think this is people like McAfee trying to promote themselves and also increase the numbers of their follower but they forgot that they cant never know about crypto than the community.