BTC to $100K is inevitable - page 5.

LUCKMCFLY

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Quote from: virtualdn on February 20, 2021, 11:01:56 AM

Why? Because the way the world goes, people will want to see BTC at $100K. And after that, they will want to see BTC at $1M.

BTC is the future, gold is the past.

It's all possible folks.

I'm a HODLer since 2013 and haven't sold a bit. If I can do it you can do it too

Congrats! Hodler is a Hodler!

Now as the market is going, of course $ 100k is possible, for me these amounts were always possible for Bitcoin, what happens in the market today is that many influential people and some renowned companies have entered the world of Bitcoin, and have entered to win, so I see very unlikely that the price will drop much.

People are experiencing many emotions and they continue to buy more bitcoins, as long as this world of emotions continues the price will continue to grow, and although $ 100k is a very desired figure and for some very difficult, bitcoin is writing history like the great ones, gold will always be valuable, but Bitcoin is having its time and is here to stay.

Poker Player

legendary

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Well, I wouldn't have said inevitable but in my opinion it is so likely that, okay, using hyperbole we can say that it is inevitable. What I find rather weak is the argument you make. What people want or don't want rarely ends up materializing in reality. It seems to me that there are strong arguments to think about it without relying on people's will.

It is pretty clear that institutions will gradually adopt Bitcoin, both for their reserves and as a means of payment. This will bring back retail FOMO, which has already started. In turn, this will bring a decrease in supply, because people will not want to sell (as is already happening) and with the deflationary nature of Bitcoin, the production of new Bitcoins will be less and less.

These seem like stronger arguments to me, but well, other than that, I congratulate you on holding since 2013. I sold a few small parts of what I have with the recent rise but have decided not to sell anything else at least until the next cycle (in about 4 years time). We have to look at this as a long term plan and I think you have done it very well in this regard.

coin-investor

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Quote from: virtualdn on February 20, 2021, 11:01:56 AM

Why? Because the way the world goes, people will want to see BTC at $100K. And after that, they will want to see BTC at $1M.

BTC is the future, gold is the past.

It's all possible folks.

I'm a HODLer since 2013 and haven't sold a bit. If I can do it you can do it too

Congratulation for being a HODL even in this time of the pandemic, 2013 is such a long time, and a lot of belief that Bitcoin will eventually reach this level I also believe that $100k is possible, the news about Bitcoin progress and achievement are all over media and as long as people are interested to invest and social media are covering us, Bitcoin will continue to climb.

Jating

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Quote from: virtualdn on February 20, 2021, 11:01:56 AM

Why? Because the way the world goes, people will want to see BTC at $100K. And after that, they will want to see BTC at $1M.

BTC is the future, gold is the past.

It's all possible folks.

I'm a HODLer since 2013 and haven't sold a bit. If I can do it you can do it too

You are not the only one, everyone wanted to see $100k-$1 million per BTC.

$100k is more likely though this year, but $1 million might take years to get to there, we might go on another halving before we can see it. I wouldn't say that gold is the past though, still one of the best asset, store of value. But bitcoin is taking a cut from that big slice of gold. $1 trillion vs $10 trillion market valuation, we will see who will survived and goes on top.

Jawhead999

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You're very bullish Grin

But it's quite impressive that you're still Hold your coin from 2013, where the price of Bitcoin is very cheap around $100-$800/each. You're already gains a lot from the first time you buy it, congratulations.

As many people said this year Bitcoin will reach $80-$100K but not sure how correct it is, Elon Musk and many institutional has start buy Bitcoin... so it's possible if we look on the market right now.

virtualdn

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Why? Because the way the world goes, people will want to see BTC at $100K. And after that, they will want to see BTC at $1M.

BTC is the future, gold is the past.

It's all possible folks.

I'm a HODLer since 2013 and haven't sold a bit. If I can do it you can do it too

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