Predicts $100k before end of the year - page 3.

gatti

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Quote from: Hippocrypto on March 04, 2021, 06:16:49 PM

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Quote from: blockman on February 22, 2021, 05:06:30 AM

He's right about the demand and supply of bitcoin. We also knew it, he just shared something basic that every bitcoin person knows but for those people that are still doubting it, that's good info that they have to think of.
He should have said the lost bitcoins forever and what's the impact of it regarding the supply.

This may happened only when the demand will keep increase with a time interval.As of now,we can expexcted huge demand for the bitcoin.It's reason for the rise of bitcoin price again after the fall of 5000$.Yesterday itself that 5000$ had raised and showed the bitcoin power again.

If that price would stabilized sustainably, it could have the potential growth of highest value which climbs up to $60k and much bigger. As market capability always remains unpredictable, wealthy investors now begun to show more desires to join cryptocurrency. What they're about to figure out now is the huge potential gains that possibly be earned someday.

Bitcoin’s price has been climbing rapidly, hitting multiple all-time highs over the past week. The cryptocurrency has already gained almost 76% since the beginning of the year. Its market capitalization has surpassed $1 trillion. At the time of writing, the price of bitcoin stands at $56,575.Major companies have recently been scooping up bitcoins, including Elon Musk’s Tesla, which bought $1.5 billion worth of BTC in January.

Hippocrypto

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Quote from: blockman on February 22, 2021, 05:06:30 AM

He's right about the demand and supply of bitcoin. We also knew it, he just shared something basic that every bitcoin person knows but for those people that are still doubting it, that's good info that they have to think of.
He should have said the lost bitcoins forever and what's the impact of it regarding the supply.

This may happened only when the demand will keep increase with a time interval.As of now,we can expexcted huge demand for the bitcoin.It's reason for the rise of bitcoin price again after the fall of 5000$.Yesterday itself that 5000$ had raised and showed the bitcoin power again.

If that price would stabilized sustainably, it could have the potential growth of highest value which climbs up to $60k and much bigger. As market capability always remains unpredictable, wealthy investors now begun to show more desires to join cryptocurrency. What they're about to figure out now is the huge potential gains that possibly be earned someday.

LUCKMCFLY

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I hope this prediction will come true, $ 100k is very possible to arrive, many are waiting for this brand to sell.

Do you think that $100k can be the goal? Or will we see a much greater price price? What I have seen in the networks, in the opinions, is that if it reaches $100k, it is a very expected number, the millionaires must have larger ambitions with the price, if they made investment in Bitcoin at $20k- $25K must Less Having a much more ambitious gain average than $100k. It is difficult to try to guess what plans have the strong hands, must be managing their movements, unless some fundamental invalidates their plans.

sana54210

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Quote from: Twinkledoe on March 04, 2021, 05:48:54 AM

Though it is not impossible to reach the 100k-level, still there will be so much things needed to happen before we see that price tag. We should see major ecommerce companies to accept crypto in their payment system, as we need to increase the adoption level, not only in the investment aspect of bitcoin but the use of this as a payment method.

The fact that "it is not impossible" doesn't change anything for some people because they want the price to go up a lot right away, and that creates the most of the problems, because reality is that we need bitcoin to reach to a level where it is 10x more in order to get rich, for some reason people want that.

Not "for some reason" obviously they want it to become rich but the reality is that if you are chasing 10x and that's it, you should have been here earlier or you should have waited, people who bought at 5k during 2020 march that would be the 10x today but if you want to buy now and make 2x very quickly that is unfair to ask from bitcoin. Instead people should be waiting and if you tell people "bitcoin will be 100k during 2023" they will find that bad, like they can 2x their money until 2023 normally... they can't but they still don't like 100k in 2023 because they want money very quickly in here.

plr

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He just did the basic of supply-demand and adoption so he comes out with a potential price, which I back up and likely to happen if things will go well we can have $100k in the third quarter, and why not the price is moving slow but steady, there are still correction but not the big one that can crash the price.

Twinkledoe

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Quote from: blockman on February 22, 2021, 05:06:30 AM

He's right about the demand and supply of bitcoin. We also knew it, he just shared something basic that every bitcoin person knows but for those people that are still doubting it, that's good info that they have to think of.
He should have said the lost bitcoins forever and what's the impact of it regarding the supply.

This may happened only when the demand will keep increase with a time interval.As of now,we can expexcted huge demand for the bitcoin.It's reason for the rise of bitcoin price again after the fall of 5000$.Yesterday itself that 5000$ had raised and showed the bitcoin power again.

Though it is not impossible to reach the 100k-level, still there will be so much things needed to happen before we see that price tag. We should see major ecommerce companies to accept crypto in their payment system, as we need to increase the adoption level, not only in the investment aspect of bitcoin but the use of this as a payment method.

justdimin

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Quote from: ultrloa on March 03, 2021, 05:28:04 AM

As I hope about that to come since the past movement is so good and seems its unstoppable especially we see some big presence of big investors joining the crypto craze happening. But we still not lost hope about seeing that numbers since as of now bitcoin price is so stable on $46k to $49k so still we still have high chance to land at 6 digit figures at the end of this year.

Honestly we recovered from the correction, I know that people were upset over the correction and many people assumed that it was a crazy just like 2018 where we peaked and then we will be crashing, but we are over 50k after recent correction. That should be proof enough that we are not dropping like we used to, and I feel like we will never drop like we used to, reality is that we are going to probably do something much better this year and reach to high levels, will that be 100k?

I do not know maybe it will not be that much, maybe it will be a bit lower, maybe it will be higher, nobody really knows what is going to happen but I think it will be higher than where we are right now, it will be a decent level for sure. For example 65k looks to be the next target, if we can achieve that the rest will be simpler, because that is the highest resistance point right now, obviously if we break that, the next one will be higher but for now that should be the first one.

Shohanur

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The price of bitcoin is increasing rapidly and if it continues to rise some more days then it is possible to reach desire price. In my personal opinion, bitcoin will hit $100k at the end of this current year.

kotajikikox

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Quote from: Theoboy on February 22, 2021, 04:06:29 AM

Skybridge capital founder(Anthony Scaramuc) predicts Bitcoin to hit another ATH of $100k before the end of the year
His words in quote were
"I do think we see $100,000 in this coin before year-end … It’s just a supply and demand situation. You don’t have a lot of supply out there and very heavy demand"
And we know total Bitcoin available is 21 million where 78%(14.5 million) of the Bitcoin supply is not liquid leaving 22%(4.2 million) for buying and selling; Which will lead to the higher demand in Bitcoin and according to the skybridge founder low supply high demand keeps Bitcoin rising

Source: https://news.bitcoin.com/skybridge-capital-predicts-100k-bitcoin-price-this-year-heavy-demand-diminishing-supply/

Nothing to argue because all of us are looking for this kind of prediction/speculation .

But the thing is Don't over expect and besides better to have an exit plan , so if ever that the 100$k did not achieve at least you have a diversion for your investment not go far from the expectation.
Practicality wise? never exaggerate waiting and be realistic in everything here in crypto.

ancafe

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Quote from: thecodebear on March 02, 2021, 07:19:16 PM

$100k has always been the obvious target for this year. That's been well understood for at least a couple years now. The question is, how much above $100k will it go this year before a crash? I'd peg it around $150k and then a drop back under $100k late this year for a few months before it starts working its way back up in 2022.

When I saw the bitcoin price was above $ 55k, I also thought that the potential price of bitcoin could actually reach that price this year. Well, for now, it looks like we just need to wait for the next pump to happen. well, I hope, we can see these signs in the middle of this year.

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Quote from: ancafe on March 03, 2021, 12:42:35 AM

Quote from: thecodebear on March 02, 2021, 07:19:16 PM

$100k has always been the obvious target for this year. That's been well understood for at least a couple years now. The question is, how much above $100k will it go this year before a crash? I'd peg it around $150k and then a drop back under $100k late this year for a few months before it starts working its way back up in 2022.

When I saw the bitcoin price was above $ 55k, I also thought that the potential price of bitcoin could actually reach that price this year. Well, for now, it looks like we just need to wait for the next pump to happen. well, I hope, we can see these signs in the middle of this year.

As I hope about that to come since the past movement is so good and seems its unstoppable especially we see some big presence of big investors joining the crypto craze happening. But we still not lost hope about seeing that numbers since as of now bitcoin price is so stable on $46k to $49k so still we still have high chance to land at 6 digit figures at the end of this year.

thecodebear

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$100k has always been the obvious target for this year. That's been well understood for at least a couple years now. The question is, how much above $100k will it go this year before a crash? I'd peg it around $150k and then a drop back under $100k late this year for a few months before it starts working its way back up in 2022.

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Quote from: Fakhrulenclix on March 02, 2021, 03:55:19 PM

Still around 9 months, Bitcoin will reach it. And many predictions say will over $100K this year, So buy at the current price is still worth it for the long term. Don't forget to buy altcoin too, only focus on Bitcoin will throw potential big profits. Beware of FUD, they will shake your belief

I hope it was worth enough...
I'm not really positive that we reach that price this year, I can't imagine if people are still pushing the market to be there. Not probably how it looks like, $100k is too far to go but of course, I don't disclose the chance. But the question is if people could still able to take the risk during that time? or they wait for the price to bounces back low.

Fakhrulenclix

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Still around 9 months, Bitcoin will reach it. And many predictions say will over $100K this year, So buy at the current price is still worth it for the long term. Don't forget to buy altcoin too, only focus on Bitcoin will throw potential big profits. Beware of FUD, they will shake your belief

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Quote from: ice18 on February 28, 2021, 09:20:24 AM

If we will consider the Bitcoin S2F model we will definitely hit the $100k at this year or maybe more , the creator of S2F model predicted a $55K btc price last 2019 and he is right we just hit $55k last week almost no one expected this price but it just happened.
Source: https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25

Have to say that this model is really lasting a lot longer than I thought it would (but there are already some mistakes are they not?). Also I think he improved the model already, probably now there is due another corrective model to be introduced.

Still not a believer, but interesting that S2F is still holding quite well right now.

el kaka22

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Quote from: Inkdatar on March 01, 2021, 06:14:10 AM

In my opinion, it is possible for bitcoin to reach $100k, as I've read other's speculation about bitcoin it can hit a new all time high record this year. That's true it is on demand and supply since other huge insitutions also acquired bitcoin which gives a huge impact on the price. Although many assumptions on bitcoin at what price it will cross by end of the year I’m still on positive vibes on this bull run season will take longer.

I believe that needs to continue for a while before bitcoin could be at a level where it could reach to 100k, because at the end of the day if we can't get those huge companies to keep investing their money into bitcoin, how could we get the price to 100k?

We can't possibly do that ourselves, we are going to end up having a bit of a trouble, and because of that the reality is companies are required for price to reach to 100k, and this is going to be something quite easy for us since we are going to end up with companies coming in if we are lucky, 100k is nothing if they keep investing billions, we never had that kind of power before but with this kind of investment we will definitely need. I guess it all depends on wall street to get in, if they do, 100k is nothing, if they don't we will have a long way down to levels we can hold our own.

SquallLeonhart

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If you invest for the long term then you don't need to be afraid of losing or losing because your original goal was to sell it for the next few years and won't open it when you haven't reached your target, so that kind of person won't get confused or see the market, usually people who invest in large amounts. .

That is what I have been doing and that is why I have been not worrying about this fall neither, there is really nothing to worry about this, because in the end if you are investing into something that doesn't bother you, then why would you be worried about the drop since you will not be selling at any time soon. What you could do is get even more money when the bitcoin price drops and there is even a "discount" feeling because I trust that bitcoin will go up in the long run.

What we are going to see is bitcoin price will not be awesome for a very long time (or a very short time) but it will be 60k+ all over again right? So, that means we are going to be doing something easier during this period which is just buy as much bitcoin as you can and hold it as long as you can, if you could get now and keep buying now and sell when it is that level, you will be quite rich.

Inkdatar

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In my opinion, it is possible for bitcoin to reach $100k, as I've read other's speculation about bitcoin it can hit a new all time high record this year. That's true it is on demand and supply since other huge insitutions also acquired bitcoin which gives a huge impact on the price. Although many assumptions on bitcoin at what price it will cross by end of the year I’m still on positive vibes on this bull run season will take longer.

ene1980

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Quote from: ice18 on February 28, 2021, 09:20:24 AM

If we will consider the Bitcoin S2F model we will definitely hit the $100k at this year or maybe more , the creator of S2F model predicted a $55K btc price last 2019 and he is right we just hit $55k last week almost no one expected this price but it just happened.

I am yet to study about the model you are talking about. In the past when we see these prediction we would usually brush off as mere speculation and nothing else and since the price of bitcoin touched $55k it is time to look at his model of prediction Grin

. I still do not think that we will see a major correction now, we might go though a phase of minor correction and i am still expecting one more rally before the major correction.

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Quote from: blckhawk on February 28, 2021, 09:23:20 AM

Quote from: rhodelmabanal on February 25, 2021, 12:49:14 PM

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according to my prediction bitcoin will touch 100k $ in early Q3 to the end, year-end closings may be above 200k $ if that is the case then bitcoin market cap will increase 3 times.and as you said if the demand suddenly jumps up then 100k $ is not impossible for bitcoin.
back to the beginning of 2017 when the price was still $ 1000 and at the end of the year it could go up to $ 19 000.
history will repeat itself.

Yes i agree on that bitcoin has a big posibility to rise at the end of the year because it has a good start at the first month of the year 2021.if we are going to look at the bitcoin price this time we can really be amaze on it due to the continuous rising, but we still need to be careful because anytime it will maybe dump, so always invest an amount that you can aford to loss.

Just because we have a wonderful start doesn't mean we will have a good ending. I mean no one can still predict the market after all, it might show a good run right now but it there's could be some changes later on. The market is not always moving forward, of course, there will be some pullback. Thus, my advice is always to prepare for the worst, set a goal where to take profit, and then you could have just bought it again when there's a correction. In that way, you can earn profit in a much safer way. I'd say 100$ is possible since there are still some institutions that are entering and venturing into Bitcoin so it is feasible.

We know that for several months the market has progressed or you can say the bull run almost every week and it has reached more than 50k the price of bitcoin means it's not all good until it continues there must be a correction and we have to be prepared.
Some of the reasons and also the good news are that many institutions are now eyeing the bitcoin market and also by investing more heavily, many people hope that this will continue, even though we don't still have to be ready in today's situation
In fact, I would take the right profit and then secure the assets at FIAT so as not to drop my estimate further in the portfolio of several other coins.

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