Topic: If Bitcoin were to ever reach $100k - page 2. (Read 1732 times)
I think the next step for sure is 10k and eventually 100k, so it will be really great. Charttechnical there is a lot of logarithmic room
Im going to buy my dream house..in my country i can get my dream house only with 5 btc then..i hope btc can reach that price. And i believe it will..
Also i can retire very soon. Enjoy the rest of my life with worship to god and traveling with my daughter. We are all know that we are not immortal..thats why if youvhave money that much you need to enjoy this life..
Also i can retire very soon. Enjoy the rest of my life with worship to god and traveling with my daughter. We are all know that we are not immortal..thats why if youvhave money that much you need to enjoy this life..
You are right,
if BTC at 10k so the swing may be like within 5k usd,
it should be cool
if BTC at 10k so the swing may be like within 5k usd,
it should be cool
I do not see it going that far to be honest. $10K? Sure, can see that easily, but not 100k. Would sure be great if it did though 
Then we would have more and more millionaires. It is true bitcoin has potential i admit that but as we see from latest things happening it's hard to make a true prediction for btc. This economy has grown a lot so all big economies want to have word on it. Countries like China and US wants to take Crypto currencies under their control. So anything can happen anytime my friends.
If reach $ 100,000 then perhaps all of us will become billionaires in a few years. I think to achieve this price is very difficult because this market needs the trust of everyone in the world and must overcome the stock market.
no.... very few people even own $5k worth of btc so zero chance that any substantial numbers will hold a lot of btc when the price keeps going higher. Vast majority will sell well before 100k. I think 25k in a few years is a likely scenario. I think even at 25k, very few will hold a significant amount as most will sell before this number. We will see a much wider distribution of btc in the future but very few will be long term holders
If Bitcoin reached 100k I would expect a good portion of the world would have had adopted it in some form. Besides the fact that the early adopters would be pretty well off, I think Bitcoin would be a normal part of our lives. Who knows, let's just sit back and see if it actually comes to fruition.
If reach $ 100,000 then perhaps all of us will become billionaires in a few years. I think to achieve this price is very difficult because this market needs the trust of everyone in the world and must overcome the stock market.
I don't think it is something "insane" many people think that there is a great manipulations in bitcoin price but as a long time trader and follower of an illiquid assets I can tell l you that bitcoin is moving on the normal scale. We would get $100,000 one day but not without a fight. The banker and governments are there to influence the price of bitcoin and to see it clash but we would move from $3600 to $5000 and we would get to $100,000 one days.
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.
I can not imagine if the bitcoin price is $ 100k, but it might happen, I'll save some of my bitcoin for the preparation to $ 10k
i think it will probably happen
If bitcoin will reach ever that target. I would be rich no joke. Im saving now my few bitcoins. Im currently investing in altcoins, because here you can make money if you take risks and are lucky.
You can also make very hard losses in altcoins. Its all about luck, and being smart. You can invest in a trusted altcoin or on a new coin. I would go for the trusted one and invest a little amount of m oney in the new coin.
You can also make very hard losses in altcoins. Its all about luck, and being smart. You can invest in a trusted altcoin or on a new coin. I would go for the trusted one and invest a little amount of m oney in the new coin.
I think it is possible. We cannot say what will be the price swing of BTC so it may happen. If that happens I will be more than happy because I will be rich but if that happens I think all of the altcoins will drop badly so if BTC reaches $100k there will be advantages and disadvantages.
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 think the bitcoin will grow
Look from the time it's released until now It grows and raises very fast
Look from the time it's released until now It grows and raises very fast
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!
what you are missing is that price of 1 bitcoin is a little misleading!
what you say is like saying 10000BTC is worth $35,000,000 and when it droppes it swings $1,000,000
that is the same with your future price. you are saying 100,000,000 satoshi is worth $100K and the swings of 100,000,000 satoshi are huge.
when you buy at $100K you buy $500 worth of bitcoin for example and when it swings around 5% your investment swings around 5% too. in other words it swings around $25
Realistically how many people will be holding 1btc if it's worth 100k? A fair select few to be honest, most people will cash out at some point along the way and reinvest some smaller amount, maybe a few thousands, and then the swings would be exactly the same for them. What's more scary about bitcoin reaching 100k is all the decimal points we will need
Firstly volatility is measured relative, so it would just be a higher number with the same volatility technically speaking.
Holding 0,01 btc at 100k that swings +/- 10k regularly will be the same as holding 0,1 btc at 10k that swings +/- 1k.
In addition, most assets tend to decrease in volatility as they mature. If Bitcoin becomes fairly mainstream, I'd expect less volatility for sure.
Holding 0,01 btc at 100k that swings +/- 10k regularly will be the same as holding 0,1 btc at 10k that swings +/- 1k.
In addition, most assets tend to decrease in volatility as they mature. If Bitcoin becomes fairly mainstream, I'd expect less volatility for sure.
Could you imagine the price swings 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? $5000 to $10,000 price swings? That's insane!
it will likely happen
i have a feeling that guys like Mcafee are right
I agree! I think this will be achievable within the next 10 years. Just look at the trend of bitcoin since it was created, it's only gone up.
I think bitcoin will drop below 3k, by how much though, no one knows. Nobody knows for sure what bitcoin will be worth in 10 years but I'm willing to bet that it will be much higher then what it is now. Unless the governments try to shut it down, which is definitely possibe.
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