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Topic: Can Bitcoin hit 100k in 2020? - page 2. (Read 1018 times)

full member
Activity: 854
Merit: 108
May 27, 2019, 11:56:12 PM
I would love to see Bitcoin in that value but i think the value is very impossible as the more Bitcoin will become more expensive is the more difficult to purchase for an investment. Most of the crypto users are small time investors in which they might choose cheaper Altcoins than Bitcoin therefore $100k is a very ambitious move.
sr. member
Activity: 1204
Merit: 388
May 27, 2019, 11:11:25 PM
Bitcoin is about to get a lot more expensive than it is today,
So is it possible to see Bitcoin price hovering around 100k each by next year and why?
No one know what happen on the future of bitcoin price.

100k hit are possible when price same stable right now and new investor become to adopting bitcoin as payment and learning how to blockchain worked.
newbie
Activity: 19
Merit: 0
May 27, 2019, 11:05:29 PM
Price will surely increase if the usage is increased but 100k is way too much. It might rise up to 30K max.
member
Activity: 72
Merit: 10
May 27, 2019, 05:42:17 PM
Bitcoin surely has that potential to reach that price but this would be based on a very big news in the crypto industry. My guesses would be;
1. An approval of a Bitcoin ETF
2. China and USA legalizing cryptocurrencies
These together with some other major news are the only triggers that can make bitcoin reach such a high price by 2020.
full member
Activity: 1470
Merit: 148
May 27, 2019, 04:25:00 PM
Bitcoin is about to get a lot more expensive than it is today,
So is it possible to see Bitcoin price hovering around 100k each by next year and why?


Source:   https://medium.com/@Amiono4/can-bitcoin-hit-100-000-in-2020-a4c424cc1d34 

There's such a possibility if we are to go by Bitcoin potentials, if by what Bitcoin attained during the last Bull run in 2017 still have anything to by, then Bitcoin need just to top-up with X10 to get there, and it's very possible. Also, 2020 is the Bitcoin halve and there's tendency for such ATH.
full member
Activity: 812
Merit: 102
May 27, 2019, 04:20:58 PM
I do not know whether such an event is possible, because it is a very large amount. This requires that bitcoin continues to grow continuously and perhaps it will be able to achieve this value.
copper member
Activity: 26
Merit: 0
May 27, 2019, 04:01:46 PM
2020 is just a few months away and predicting 100k is impossible to achieve. If you are targeting 10k as at 2020 no doubt about that but for 100k it is going to take a magic and miracle to even get to half of that by the end of 2020.

Do you think that Facebook stable coin "GlobaCoin" launch in the first quarter of 2020 would definitely push the prices higher of all coins especially Bitcoin since we know that Facebook has billions of clients and can trigger the next bullrun and people start fomoing like 2017?
full member
Activity: 532
Merit: 187
May 27, 2019, 03:40:37 PM
Bitcoin is about to get a lot more expensive than it is today,
So is it possible to see Bitcoin price hovering around 100k each by next year and why?


Source:   https://medium.com/@Amiono4/can-bitcoin-hit-100-000-in-2020-a4c424cc1d34 

A $100k bitcoins are possible, even in late 2019 but we always need to ask our self who would be buying bitcoins when we get up around $100.000 for each coin.

A 100,000 bitcoins means that people expect that bitcoins will continue going up in the months to come.
member
Activity: 490
Merit: 10
May 27, 2019, 01:48:17 PM
2020 is just a few months away and predicting 100k is impossible to achieve. If you are targeting 10k as at 2020 no doubt about that but for 100k it is going to take a magic and miracle to even get to half of that by the end of 2020.
member
Activity: 845
Merit: 52
May 27, 2019, 12:26:35 PM
Next year is an important year for bitcoin, it may not hit $100k but we are definitely not going to see it buy cheap like we currently have now, there will be much hoarding of bitcoin as reward per block is halved. 
hero member
Activity: 1582
Merit: 759
May 27, 2019, 12:06:22 PM
Anything in possible, but that's quite a jump. I'd probably estimate a risk back to 25K (originally selling point), and then a dropdown back to 15K to settle for a while.

I'm talking CAD btw, convert to USD
member
Activity: 235
Merit: 16
I-CHAIN - The Revolution of Digital Advertising
May 27, 2019, 12:03:45 PM
#99
That is too good to be true just like cloud mining promises. Of course it is better to start slow maybe a $20k for the next year to prevent inexperienced people calling it a bubble again. $100k is still far enough to happen. All we could do is to stay positive and wait for the bitcoin reach a new milestone little by little.
hero member
Activity: 1400
Merit: 505
May 27, 2019, 11:58:06 AM
#98
halving is in 2020 so i think 1 year after halving we can see bitcoin all time high which can surely touch $100,000. so i think we can see $100,000 by may 2021
This is a good analogy when it comes to big rallies in bitcoin yet we are experiencing a big movement in bitcoin price and it is on the verge of touching $9k and i did not expect a turn around in the market situation this early, your analysis is correct as the price usually moves higher after the halving and usually touches the all time high valuation within one year of halving but since this is a new market anything is possible and you cannot exactly predict how the price will move.
full member
Activity: 668
Merit: 100
DogData
May 27, 2019, 10:34:13 AM
#97
100k in 2020 is a large chunk to take in  Grin. Anyway we are all aware of the way bitcoin has started increasing in price but i strongly think it's way too early to call for such a huge price of bitcoin by next year, From the little reading that i have done, the price by 2020 would be hovering within the ranges of $15k-$20k.

These are all personal assessment and predictions y'all don't invest based on this piece of information. Do your own research!
absolutely right it is still too high for 100k, indeed nothing is impossible but this is so fantastic. hehe, I have a range of $ 15-20
jr. member
Activity: 98
Merit: 1
May 27, 2019, 09:34:46 AM
#96
Wow 100K. I wonder how much one transaction will cost in this case.
sr. member
Activity: 952
Merit: 308
May 27, 2019, 09:28:41 AM
#95
Bitcoin is about to get a lot more expensive than it is today,
So is it possible to see Bitcoin price hovering around 100k each by next year and why?
It all depends upon how the market will decide according to the investments coming in, there is a lot of manipulation in the market and we all know that and since majority of the countries have no regulation regarding this, these sort of things will happen and we might see a bull run over $100k in the next few years,
There is a possibility basing on the history of price movement of bitcoin, it the early stage bitcoin was around $0.008–$0.08 based on my research and if you will compare that price now, that means a huge increase that people never imagine in the early stage.

one word, always believe and don't doubt bitcoin's future.

but I think it's too big to reach that target and it's very fast, even though I know bitcoin can achieve it quickly but this must be supported by good news and support from the popes. My speculation in 2020 is that at least Bitcoin was able to penetrate the year 2017, after which it arrived at which point.

but the main question you have to ask is, will the market stay above $100k for a long period of time or will it be a bubble ?.
We can think of that later, after bitcoin achieved $100K.

I think for this if it's really achieved bitcoin will drop like last 2017, if $ 100k is reached at least bitcoin will drop to $ 20k / $ 30k. The market is always fluctuating, there are times when bitcoin will stay at $ 100k, just waiting for a few more stages...
legendary
Activity: 2464
Merit: 1039
Bitcoin Trader
May 27, 2019, 09:20:05 AM
#94
I almost focused a little on her tweet John McAfee
I feel like he is seeing something in the future, out of nowhere he gets that information, but if I see if the price of bitcoin continues to rise in the next few months, it will be amazing and lead exactly to its predictions, back to all of us to believe it or not, can only wait and be patient now to see it later in 2020  Cool
sr. member
Activity: 1988
Merit: 453
May 27, 2019, 08:59:55 AM
#93
Theoretically it can reach that level, but I wouldn't be that optimistic. By mid 2020 we'll be having the block reward halving. The impact of that event will be visible only after 12 to 18 months. So in all probability, by 2022 or 2023 we'll be having a new ATH. But then, I don't know whether there will be enough momentum to take it past the 100k mark.
legendary
Activity: 2674
Merit: 1048
May 27, 2019, 07:19:07 AM
#92
If the price bitcoin has reached $20.000 then we will look for the new ATH again. But I doubt if the price bitcoin can be reach 100k the end of this years. Maybe we can find the realistic price such as $30.000 till $50.000 that will be reach by bitcoin. I'm happy with the increased price at this time because I can buy when its price still $4200 and it will be good I'll sell it before the correction comes.
hero member
Activity: 938
Merit: 501
May 27, 2019, 05:49:36 AM
#91
100k in 2020 is a large chunk to take in  Grin. Anyway we are all aware of the way bitcoin has started increasing in price but i strongly think it's way too early to call for such a huge price of bitcoin by next year, From the little reading that i have done, the price by 2020 would be hovering within the ranges of $15k-$20k.

These are all personal assessment and predictions y'all don't invest based on this piece of information. Do your own research!
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