It could happen one day but the climb upward is going to make it so it's not really a drastic thing. Everything evens out in the end when Bitcoins for $60 a piece every one bought a bunch , at $4,000 a piece people are still buying the same monetary value but they're just buying a smaller number Bitcoin. One thing i believe is that bitcoin will go on to 10K pretty soon, dont know when it will reach 100K.
I have the same opinion regarding bitcoins touching 10k dollars. I personally believe that bitcoins are going to touch this target within next two years and those who are investing into bitcoins now are going to be millionaires then. But to touch dollar 100k bitcoins are going to need at least 1 decade. 
Topic: If Bitcoin were to ever reach $100k (Read 1732 times)
Could you imagine the volatility on a day to day basis? I mean we've seen it swing at these levels almost up to $500 on a day to day basis at times. Could you imagine what it would be like at $100k? $5,000 to $10,000 price swings daily? That's insane!
That's possible. Even if bitcoin's price goes down sometimes, it recovers very well, going up higher than its original price, making it more valuable than before. If these pattern continues, 100k is achievable in the near future, if nothing worse happens. 
Most of the people love trading bitcoins rather then holding for a log term. Infact holding bitcoins can definitely be profitable but you have to wait long for that and people want it quickly. They buy in low rates and sell as soon as he gets a little profit over it. Its not something unbeleivable to swing 1000k $ for bitcoins. Its highly volatile.
At my time I see there are $7000 swing within 2 hours
I am from future
I am from future
Could you imagine the volatility on a day to day basis? I mean we've seen it swing at these levels almost up to $500 on a day to day basis at times. Could you imagine what it would be like at $100k? $5,000 to $10,000 price swings daily? That's insane!
You mean when bitcoin reaches $100k
If bitcoin will hit 100k. I would sell all my coins what i have in my wallet to money. I would then invest in alt coins like lite coin. For me lite coin is the sleeping giant it has the potential to grow, but now its just waiting to rise up. I have also some doge coins, but i think that it doesn't matter. Doge coin will not go higher then it is now.
Come on! Litecoins are not that good. I don’t know why you are using the word of sleeping giant for them. Bitcoins are if going to hit 100k dollars, I am not going to sell them off because they are the legends and I believe in their tendency of bouncing back with much higher energy.
The World is changing very fast now and with time speed is going to increase dramatically. Imagine, 10 years ago we haven't even an iPhone, now smartphone is a must-have.
And now imagine what world would be like in 10 years from now. I think Bitcoin will go huge (maybe x10 from now) or disappear at all.
And now imagine what world would be like in 10 years from now. I think Bitcoin will go huge (maybe x10 from now) or disappear at all.
It could happen one day but the climb upward is going to make it so it's not really a drastic thing. Everything evens out in the end when Bitcoins for $60 a piece every one bought a bunch , at $4,000 a piece people are still buying the same monetary value but they're just buying a smaller number Bitcoin. One thing i believe is that bitcoin will go on to 10K pretty soon, dont know when it will reach 100K.
The volatility will probably stabilize when bitcoin will be mainstream. But in terms of procents the volatility will be the same as value. A $5k swing would be 5% when bitcoin price will be at $100k. 
Few people will hold their BTC until that point, just for the reason you are mentioning. The average investor will trade with a portfolio of approx 0.1 BTC at that price.
I agree, I have a friend who was into Bitcoin early, he once had 200 BTC and sold them for 80 $ each. Now he has about 5 BTC. I'm guessing that similar scenarios occur rather often.
Even if Bitcoin goes to a million there will be crazy FUD on the way (much worse than this little China episode now) and a lot of people will be shaken out.
Google trends indicate bitcoin is more popular than ever. I would not be surprised of a nice recovery once the clarity on chinese exchanges have been clarified.
Yup that'll be insane and for sure a lot would be rich by then if they still hold on to their bitcoins by the time that amount is reached but I think it is still far too long for that amount to be reached though it is possible though in the near future. Hopefully I'd still be alive by that time and would be able to spend some of my bitcoins for retirement.
Nothing is impossible if ever will reach $100k and yes all of us can be rich by that time. And if every planning to hold btc for a long term. Holding btc really gives earning and if continues believing in btc. 
Could you imagine the volatility on a day to day basis? I mean we've seen it swing at these levels almost up to $500 on a day to day basis at times. Could you imagine what it would be like at $100k? $5,000 to $10,000 price swings daily? That's insane!
It is not so insane if you would think about it in other way. For example right now i can have 1btc easily, but when it will reach 100k$ I wouldnt be able to buy one BTC and i would buy 0.1$ and for me viotality would be the same as it is at the moment 
Could you imagine the volatility on a day to day basis? I mean we've seen it swing at these levels almost up to $500 on a day to day basis at times. Could you imagine what it would be like at $100k? $5,000 to $10,000 price swings daily? That's insane!
No, it stabilizes as market cap increases
All this ppl talking here and all this fourm users and all miners we still from the early comers , most ppl around the world don't know or invested in bitcoin alot of ppl don't even know that thing is existed already , all of us are only 0.01% of population , imagine if we become 0.1% , bitcoin may reach more than $100k
I fully agree with you. Not much of the world's population even knows about bitcoin yet. They say only 1 percent of the US population even owns bitcoin and only 300k people own 1 bitcoin or more. If bitcoin has reached 5k with these numbers, imagine when 10 percent of the whole world buys into bitcoin. Satoshi made bitcoin with 8 decimals for a reason. When the last decimal is equivalent to .1 cent that means 1 bitcoin will be equivalent to 1 million dollars. Mark my words, bitcoin will be worth that in the future. It may be many many years until that happens but it will. It's just going depend on if the government's and central banks try to stop it or not. Which they will do their best try to prevent that from happening.
All this ppl talking here and all this fourm users and all miners we still from the early comers , most ppl around the world don't know or invested in bitcoin alot of ppl don't even know that thing is existed already , all of us are only 0.01% of population , imagine if we become 0.1% , bitcoin may reach more than $100k
bitcoin price $100k can not be reached
The opposite can be reached 1btc ------50 usd
The opposite can be reached 1btc ------50 usd
Yup that'll be insane and for sure a lot would be rich by then if they still hold on to their bitcoins by the time that amount is reached but I think it is still far too long for that amount to be reached though it is possible though in the near future. Hopefully I'd still be alive by that time and would be able to spend some of my bitcoins for retirement.
maybe in 25 yrs
yep. people kept telling us that the higher the price the calmer the price would become. i ain't seen any evidence of that at all. it seems to be just as insane as ever and the percentages of the swings aren't much lower than when it was a few hundred. i'm surprised.
i hope it settles down at $100k because otherwise it's going to be too silly to think of using.
i hope it settles down at $100k because otherwise it's going to be too silly to think of using.
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