The price might not reach 40k or even the over 300k some has been hyping this recent weeks, but you’re still going to be able to make good profit from it. The price can drop from this $18k to $8 – 5k and still go from that low to up $18k or around there again, that is still some good profit. It’s not a must that the price will reach $1 million before you make profit from it.
You have to be aware of the price movement in the price and know when you should get in, if you do you’re going to be lucky most of the times.And about paying for groceries or products online with Bitcoin, it is possible, and you can as well use the PayPal Bitcoin, though I don’t like it much.
Topic: Price of Bitcoin may increase normally but not as much as 400K - page 2. (Read 605 times)
December 09, 2020, 01:36:35 PM
December 08, 2020, 06:33:59 PM
Bitcoin is very valuable in the long-term. If we keep it, but many people mistakenly think that Bitcoin can skyrocket in price, an illusion of 400K is too large for Bitcoin's bull. We need to have more time and long-time.
It already at that level, more than of gold. I'd see Bitcoin in long-term high demand as we are in digital transformation. Well, it takes time but then, people are still in the patience to wait that moment. However, if we talk about its price, could I say that $400,000 is far from reality and that seems so crazy. Because even we think that sooner or later the demand will increase but can't imagine that it goes that far, not even far from $100,000, can say at $50,000 might possible.https://www.coindesk.com/complete-case-for-100k-bitcoin
December 08, 2020, 04:08:17 PM
We still do not know any certain limitation of how much Bitcoin can possibly be when it comes to price value. Yes, $400,000 is a very massive amount to think that it would already be an impossible expected price to be met but still no one know that there might be a possibility in the near future that what we thought of a very high price could be certainly achievable in nature. It is just that as people realizes Bitcoin's worth and existence, there could always be an open possibility for Bitcoin to improve and rise up its price into no one could ever expected. As of now, the price of Bitcoin is playing on 5 digits which we are all happy and might get happy if ever the price will ever land on the first 6 digit of it. Let us just all wait and see after many years if the $400,000 is possible to be achieved or certainly not.
legendary
Activity: 2408
Merit: 4282
eXch.cx - Automatic crypto Swap Exchange.
December 08, 2020, 01:37:30 PM
Of course, it is very difficult to reach the price of $ 400k for Bitcoin, especially if you see that there are still many people who don't know about Bitcoin. And also the lack of support from the government for Bitcoin, going up to $ 400k is a slightly impossible target
given the current conditions.
given the current conditions.
On the contrary, it's the less support the government are giving bitcoin is the fuel behind its continuous increased in growth and if we're to achieve outrageous milestone like the prediction on the thread, we have to keep staying this way. The moment the government take control over the industry, they'll regulate the life out of bitcoin and probably stablize the price by also regulating that industry (trading industry).
It's the independence of bitcoin that gives hope of the industry achieving greater highs and not getting altered like other industry that only give access to the elite to profit more like what's currently happening in the real world. We don't need the government instead they need us because sooner they'll loose the power they currently have over our finances.
December 08, 2020, 12:33:17 PM
All Bitcoin holders would love to go up to $ 400K, unfortunately that target is too high to be achieved. Because Bitcoin has performed
very well this year and Bitcoin's rise is relatively fast, it doesn't mean that the $ 400K target can be achieved. We should not set the target
too high, which will create stress if not achieved. In the near future Bitcoin will probably stabilize at a price of $ 18,000 - $ 20,000.
People should really have this kind of mindset on where they dont really expect that much into those 6 digit prices yet it would be rather good if we do just focus very well this year and Bitcoin's rise is relatively fast, it doesn't mean that the $ 400K target can be achieved. We should not set the target
too high, which will create stress if not achieved. In the near future Bitcoin will probably stabilize at a price of $ 18,000 - $ 20,000.
into these levels which i do already considered a good price we do had.
Im not that expecting we would even able to break 50k in more years to come but well depending on adoption scale if we do really come into that point
then we might be seeing those numbers but im not really that expecting much.
Thing here is that we do know on how to play with the movement of prices so that we can take out some profit without needing to wait for a very long time.
We do have our own ways and profitability will vary on how you do deal with it.
December 08, 2020, 12:20:08 PM
It's really hard to imagine and I don't know if you're convinced based on any information. When Bitcoin first came on the market no one had any idea that it could reach $20k in such a short time but at the moment we are seeing the price of Bitcoin at this stage. Bitcoin is slowly gaining ground due to the demands of the times and its huge popularity among the people and it is likely to become more popular in the future but it is not clear whether the price is right now. However, in the current context, the value of $400k is much higher and it is an unimaginable market value for current investors, but the idea of what it will look like in the future is not logical.
December 08, 2020, 08:10:12 AM
All Bitcoin holders would love to go up to $ 400K, unfortunately that target is too high to be achieved. Because Bitcoin has performed
very well this year and Bitcoin's rise is relatively fast, it doesn't mean that the $ 400K target can be achieved. We should not set the target
too high, which will create stress if not achieved. In the near future Bitcoin will probably stabilize at a price of $ 18,000 - $ 20,000.
very well this year and Bitcoin's rise is relatively fast, it doesn't mean that the $ 400K target can be achieved. We should not set the target
too high, which will create stress if not achieved. In the near future Bitcoin will probably stabilize at a price of $ 18,000 - $ 20,000.
December 08, 2020, 04:55:33 AM
It gonna be possible that the market will remain in a normal trend, with a little chance that it goes high over $20k even we saw a huge market demand and scarcity. Coz I think that this price is much preferred for all level of people. I can't imagine if people are still wanted to buy Bitcoin if the price goes to $50k, $100k, people may not be risking this then get back to use fiat money instead. Ohh, I'm not doing this as well.
Worth $100k USD was indeed expensive, and this will give some thought to buyers if they will go for it or not the fact that it holds a high amount of risk. However, if Bitcoin goes more beyond that price then that would be a total win. Anyway, I think $400k was too high and I don't think we could reach it now due to the fact that there's a big portion of the world doesn't know or acknowledge Bitcoin. Perhaps it would take a decade before we saw it happen and through massive adoption, we can make it true. 
December 08, 2020, 02:15:17 AM
But I wonder who decides the ultimate btc price? If you think in that way, it's really impossible to imagine a simple Bitcoin a unit price to be worth $14,000! So I think it can get beyond any set limit or price! Because then if btc hits $100,000 we will think 0.001 btc as 100$ which would be the new normal!
Since that we are seeing the price of bitcoin is spiking now in the market. Many of the community now again are giving their own
speculation and prediction in terms of what could be the price of bitcoin in the future. I heard that there are some that 2 years from now bitcoin could possibly become 200k$ each, but of course, lets wait and see what could be the next..
December 07, 2020, 10:47:33 PM
Of course, it is very difficult to reach the price of $ 400k for Bitcoin, especially if you see that there are still many people who don't
know about Bitcoin. And also the lack of support from the government for Bitcoin, going up to $ 400k is a slightly impossible target
given the current conditions. But if we look at the increase in Bitcoin over 11 years it is quite drastic in my opinion when compared
to other assets. Proving that there is still some hope of the $ 400k target Bitcoin can achieve, even if it will take a relatively long time.
Because Bitcoin's realistic target for the end of this year is $ 21,000 - $ 22,000.
know about Bitcoin. And also the lack of support from the government for Bitcoin, going up to $ 400k is a slightly impossible target
given the current conditions. But if we look at the increase in Bitcoin over 11 years it is quite drastic in my opinion when compared
to other assets. Proving that there is still some hope of the $ 400k target Bitcoin can achieve, even if it will take a relatively long time.
Because Bitcoin's realistic target for the end of this year is $ 21,000 - $ 22,000.
I only think that will be too high for bitcoin to increase at this time. Perhaps, bitcoin needs longer to hit that $400k, and it could happen in the future, next 5 -10 years later. Of course, it is after the adoption that can happen in many countries, and many people are using bitcoin. If the price can increase near $100k, perhaps that will be reasonable, but I don't know.
Perhaps, at the end of this year, the price can surge to the $20k-$22k and stable at that price. The price will be more active in the next year, although the volatility will still happen because that will be part of bitcoin. The sky is the limit for bitcoin price, and we only need to enjoy and follow the journey.
December 07, 2020, 09:30:11 PM
Of course, it is very difficult to reach the price of $ 400k for Bitcoin, especially if you see that there are still many people who don't
know about Bitcoin. And also the lack of support from the government for Bitcoin, going up to $ 400k is a slightly impossible target
given the current conditions. But if we look at the increase in Bitcoin over 11 years it is quite drastic in my opinion when compared
to other assets. Proving that there is still some hope of the $ 400k target Bitcoin can achieve, even if it will take a relatively long time.
Because Bitcoin's realistic target for the end of this year is $ 21,000 - $ 22,000.
know about Bitcoin. And also the lack of support from the government for Bitcoin, going up to $ 400k is a slightly impossible target
given the current conditions. But if we look at the increase in Bitcoin over 11 years it is quite drastic in my opinion when compared
to other assets. Proving that there is still some hope of the $ 400k target Bitcoin can achieve, even if it will take a relatively long time.
Because Bitcoin's realistic target for the end of this year is $ 21,000 - $ 22,000.
And at that price many people would become very rich, imagine the USD value of the holdings of some whales. Fiat printed on US won't be enough to provide the equivalent value of their bitcoin. Even 100k is too much imo, I know bitcoin started less than a dollar each but dreaming of it above $50k is impossible for me right now.
December 07, 2020, 06:58:34 PM
Of course, it is very difficult to reach the price of $ 400k for Bitcoin, especially if you see that there are still many people who don't
know about Bitcoin. And also the lack of support from the government for Bitcoin, going up to $ 400k is a slightly impossible target
given the current conditions. But if we look at the increase in Bitcoin over 11 years it is quite drastic in my opinion when compared
to other assets. Proving that there is still some hope of the $ 400k target Bitcoin can achieve, even if it will take a relatively long time.
Because Bitcoin's realistic target for the end of this year is $ 21,000 - $ 22,000.
know about Bitcoin. And also the lack of support from the government for Bitcoin, going up to $ 400k is a slightly impossible target
given the current conditions. But if we look at the increase in Bitcoin over 11 years it is quite drastic in my opinion when compared
to other assets. Proving that there is still some hope of the $ 400k target Bitcoin can achieve, even if it will take a relatively long time.
Because Bitcoin's realistic target for the end of this year is $ 21,000 - $ 22,000.
December 07, 2020, 06:24:28 PM
Statistically speaking, a very small percentage of the population owns or has used cryptocurrency worldwide. I think the numbers range somewhere between 6% to 7% in countries like Germany or the USA. Imagine that figure increases to 10% or 20%. What do you think will happen to the price if the amount of bitcoin in circulation remains the same or increases slightly?
I admit, it is impossible to predict what will happen to the price of bitcoin in the future, but these statistics are still in favor of increasing the value of bitcoin.
I admit, it is impossible to predict what will happen to the price of bitcoin in the future, but these statistics are still in favor of increasing the value of bitcoin.
Why will the price not increase when demand of an asset increases too much that there's not even 1/10th supply available in the markets, people will pay anything to get a grab of it. Same goes with crypto and btc is the first crypto that grabbed the limelight, so it will be at least 10 times the price we see now if the demand skyrockets.
Maybe you didn't understand me. You just confirmed what I said.
If the demand for bitcoin increases, so will the price.
December 07, 2020, 05:47:59 PM
$ 400k is too high a figure, I wonder how can I get a prediction as high as $ 400k? even though $ 20k still can't be surpassed,
We'd better leave this $ 400k prediction and think about $ 20k first.
If you are seeing those crazy people that were losing their mind due to the FOMO and you will even see someone who will predict bitcoin will touch 1 million dollars next year. If bitcoin can leave 20k and it doesn't mean bitcoin can also reach 30k or 40k rate instantly. There will always be people who are randomly creating wild predictions about the price of bitcoin. We'd better leave this $ 400k prediction and think about $ 20k first.
Just ignore it as 400k is a non sense thing.
December 07, 2020, 04:57:56 PM
It gonna be possible that the market will remain in a normal trend, with a little chance that it goes high over $20k even we saw a huge market demand and scarcity. Coz I think that this price is much preferred for all level of people. I can't imagine if people are still wanted to buy Bitcoin if the price goes to $50k, $100k, people may not be risking this then get back to use fiat money instead. Ohh, I'm not doing this as well.
December 07, 2020, 04:34:10 PM
$ 400k is too high a figure, I wonder how can I get a prediction as high as $ 400k? even though $ 20k still can't be surpassed,
We'd better leave this $ 400k prediction and think about $ 20k first.
We should not take this seriously because we know this is just a hype and we can’t go beyond that in the next 3 years. Adoption with Bitcoin must come first before I believe on this one. Bitcoin is a good cryptocurrency and yes it will increase normally and hopefully no more hype so we can’t go down hard again, Bitcoin have to build more foundation before we see good prices but $400k is too much. We'd better leave this $ 400k prediction and think about $ 20k first.
December 07, 2020, 03:05:47 PM
Price of Bitcoin may increase normally but not as much as 400K
The past bull run where BTC got 20x to 50x gain was only because BTC was a new innovation and there was much hype, but now everyone is aware regarding BTC. So btc may increase normally and it will be good to increase with supply and demand otherwise I don't think so that it will ever be hitting to 40K, liquidity providers cannot be agreed to give such a value to a bitcoin since the losses could higher than the past, therefore the price movement will be increased along with supply and demand, good projects, institutions who are accepting the BTC. Many people and even the governments were against btc due to the money laundering but it is possible that governments may adopt it and can find new ways. BTC on another hand, could be accepted for financial payments but paying for products and grocery online with bitcoin cannot be a good idea until there is a third party involved who take and keep the money until the deal has completed. I don't think that bitcoin could become a mainstream because people are afraid regarding the online scams (I think paypal should provide such a service to check if the buyer is getting whatever he paid for and if the seller is sending/delivering the item then paypal must release the funds paid by the crypto then it could be possible that bitcoin may become a mainstream). The price will also increase due to the electricity cost. However the altcoin season will come for sure and altcoin may gain much value compare to the past, if you still do not believe that ethereum was around 10 cent in the beginning then time will prove it that how altcoins may get such a value around 9000% to much more. However if Bitcoin ever hits 78K compare to the past then its ATL can be 4x compare to the past low (i,e $3300x4)
The past bull run where BTC got 20x to 50x gain was only because BTC was a new innovation and there was much hype, but now everyone is aware regarding BTC. So btc may increase normally and it will be good to increase with supply and demand otherwise I don't think so that it will ever be hitting to 40K, liquidity providers cannot be agreed to give such a value to a bitcoin since the losses could higher than the past, therefore the price movement will be increased along with supply and demand, good projects, institutions who are accepting the BTC. Many people and even the governments were against btc due to the money laundering but it is possible that governments may adopt it and can find new ways. BTC on another hand, could be accepted for financial payments but paying for products and grocery online with bitcoin cannot be a good idea until there is a third party involved who take and keep the money until the deal has completed. I don't think that bitcoin could become a mainstream because people are afraid regarding the online scams (I think paypal should provide such a service to check if the buyer is getting whatever he paid for and if the seller is sending/delivering the item then paypal must release the funds paid by the crypto then it could be possible that bitcoin may become a mainstream). The price will also increase due to the electricity cost. However the altcoin season will come for sure and altcoin may gain much value compare to the past, if you still do not believe that ethereum was around 10 cent in the beginning then time will prove it that how altcoins may get such a value around 9000% to much more. However if Bitcoin ever hits 78K compare to the past then its ATL can be 4x compare to the past low (i,e $3300x4)
Well, you may be right but you may also be wrong. There aren't any sure ways of determining what will ever happen to the price of bitcoin. No one can accurately predicts what will ever happen.
What do you think of what people said in 2017 when bitcoin reached its ATH? Many people predicted bitcoin was gonna reach $40k but it went the other way around to as low as $3k. Now also imagine people who predicted bitcoin isn't going to break $10k after that bearish move? Now you know what the price of bitcoin is.
You see my point. No one can accurately predict what will be of bitcoin.
December 07, 2020, 02:55:10 PM
Statistically speaking, a very small percentage of the population owns or has used cryptocurrency worldwide. I think the numbers range somewhere between 6% to 7% in countries like Germany or the USA. Imagine that figure increases to 10% or 20%. What do you think will happen to the price if the amount of bitcoin in circulation remains the same or increases slightly?
I admit, it is impossible to predict what will happen to the price of bitcoin in the future, but these statistics are still in favor of increasing the value of bitcoin.
I admit, it is impossible to predict what will happen to the price of bitcoin in the future, but these statistics are still in favor of increasing the value of bitcoin.
Why will the price not increase when demand of an asset increases too much that there's not even 1/10th supply available in the markets, people will pay anything to get a grab of it. Same goes with crypto and btc is the first crypto that grabbed the limelight, so it will be at least 10 times the price we see now if the demand skyrockets.
December 07, 2020, 02:45:48 PM
Altcoins are only followers of bitcoin but if you're lucky to have that massive gain with them, good for you.
This may have been the case in the past, but if you look at what happens to all the top altocins relative to the last BTC ATH - then you will see that the BTC has almost reached that same ATH, and all the altcoins have stayed far below their ATH. In other words, anyone who invested in BTC even when the price was at the top was able to return the investment - and anyone who invested in ETH at the same time is at a loss of more than 55% at the moment.
And with bitcoin's surge, it's also riding it with its 2.0 so it's maintaining the price to $600. BCH is also not that much anymore during 2017 ATH and this season is bitcoin to showdown.
December 06, 2020, 06:33:39 PM
Statistically speaking, a very small percentage of the population owns or has used cryptocurrency worldwide. I think the numbers range somewhere between 6% to 7% in countries like Germany or the USA. Imagine that figure increases to 10% or 20%. What do you think will happen to the price if the amount of bitcoin in circulation remains the same or increases slightly?
I admit, it is impossible to predict what will happen to the price of bitcoin in the future, but these statistics are still in favor of increasing the value of bitcoin.
I admit, it is impossible to predict what will happen to the price of bitcoin in the future, but these statistics are still in favor of increasing the value of bitcoin.
Jump to: