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Topic: Well bitcoin goes up to 100,000$ in the future? (Read 351 times)

hero member
Activity: 3080
Merit: 603
I thought you are a number 1 fan of bitcoin and if you really are then you will not doubt that it's very likely to happen that bitcoin will reach $100,000 soon. You should read the Tim Draper's prediction which I guss is more reliable and better than other predictors.
BITCOIN PRICE PREDICTIONS: EXPERTS SUPPORT BILLIONAIRE INVESTOR TIM DRAPER'S '$250,000 BY 2022' FORECAST
hero member
Activity: 1302
Merit: 532
It's possible Smiley. Here are the forecasts for the next two years:
  BTC is USD predictions for March 2019.
In the beginning price at 16761 Dollars. Maximum price $ 19807, minimum price $ 16761. The average for the month $ 17960. Bitcoin price forecast for the end of the month $ 18511, change for March 10.4%.

Bitcoin price prediction for April 2019.
In the beginning price at 18511 Dollars. Maximum price $ 22976, minimum price $ 18511. The average for the month $ 20368. Bitcoin price forecast for the end of the month $ 21473, change for April 16.0%.

BTC is USD predictions for May 2020.
In the beginning price at 44918 Dollars. Maximum price $ 51598, minimum price $ 44846. The average for the month $ 47396. Bitcoin price forecast at the end of the month $ 48222, change for May 7.4%.
This is a really good forecast, i am sure we will see a good rally by 2020 because of bitcoin reward getting lower, it is really difficult to assume what the price would be by the end of this year, but $16k would be a good valuation and hopefully by next year mid hopefully we would see the momentum gaining in the market and would have a good rally.
full member
Activity: 644
Merit: 107
not just you, but I'm also a bitcoin fan like you, sir.  Grin
$ 20,000 will be repeated again this year, my prediction $ 20,000 price will be able to quickly, because the market performance of pumping prices continues to improve and more positive news that goes into the world of cryptocurrency at this time. hmm $ 100,000? can happen and can not, nobody knows with all that, but in any crypto world can happen, only time can answer all that.
sr. member
Activity: 840
Merit: 254
I am a  number 1 fan of bitcoin and all crypto currency i realy bilieve that bitcoin well goes back to 20,000$ soon or before the end of this year. But thinking about 100,000$ each bitcoin is quite a very big amount of money 21million x 100k = 2.1 trillion (2,100,000,000,000$) do you guys bilieve that bitcoin can reach that far?
It could happen, it's a possibility but at the same time it depends on how fast do you want that to happen, if you expect that to happen in this year then I'll say that is impossible, but if you are willing to wait for 10 years for that price to happen then I will say that there is a real possibility for bitcoin to reach that price in that timeframe.
sr. member
Activity: 546
Merit: 261
Bitcoin has a lot potential,depend on the development,if there's better development,more investor will come and the price will rise over time.It's possible for bitcoin to reach $100,000 or maybe more,only time will tell,i just hope that there will be no negative issue that will have impact on bitcoin.
member
Activity: 308
Merit: 11
It's possible Smiley. Here are the forecasts for the next two years:
  BTC is USD predictions for March 2019.
In the beginning price at 16761 Dollars. Maximum price $ 19807, minimum price $ 16761. The average for the month $ 17960. Bitcoin price forecast for the end of the month $ 18511, change for March 10.4%.

Bitcoin price prediction for April 2019.
In the beginning price at 18511 Dollars. Maximum price $ 22976, minimum price $ 18511. The average for the month $ 20368. Bitcoin price forecast for the end of the month $ 21473, change for April 16.0%.

BTC is USD predictions for May 2020.
In the beginning price at 44918 Dollars. Maximum price $ 51598, minimum price $ 44846. The average for the month $ 47396. Bitcoin price forecast at the end of the month $ 48222, change for May 7.4%.
hero member
Activity: 826
Merit: 518
Of course it will,if you ever wonders that why bitcoin reached $20000 in the last year if that possible then $100000 also possible in the future.But no one knows that when it will or surely it will.If bitcoin can survive in the future soon it will reach the prices also.The reason why I am saying it will happen is many developed countries are now legalizing and regulating them so more and more people will start to use so demand and price will increase in the coming years.
full member
Activity: 448
Merit: 100
I think it has a great potential to reach amazing values in the future,  all it need is  more time. In my opinion, the popularity of cryptocurrencies is rising day by day, and the main reason of that is of course bitcoin, and it will not make me extremely surprised to see its value excessively high in a few years.
member
Activity: 1302
Merit: 25
$100,000 is not possible for me in the near future. That can only happen if bitcoin and digital money is sort for, accepted as legal tender but for now, with all the problem of acceptance, I don't see that happening.
full member
Activity: 306
Merit: 102
Just another random pre satoshi crypto freak
Bitcoin is fixed in supply so the price elasticity is hii and in ne (upward) direction. There are two factors that could limit the rise of bitcoin: one is the emergence of a better alternative/substitute and the other is severe restrictions or even an outright ban of bitcoin by governments. None of these will happen as bitcoin remains the king of crypto and more and more institutions are adopting the currency. YES, bitcoin will eventually hit 100k.
hero member
Activity: 868
Merit: 500
In my opinion it is not over of correction and market have not stabilized yet. Actually even now there are chances to see the price under 5K$. But I'm absolutely sure that also we will see 100K$ next 3 years. That's why if you already bought bitcoin just hold it 2-3 years and then enjoy with your nice profit. Or buy it under 5K or above 10.5k according to TA.
full member
Activity: 266
Merit: 114
100,000$ sounds a pretty huge and impossible value for bitcoin but so it seemed whiled bitcoin was launched in its initial days, Most of the EXPERTS commented on bitcoin by saying that it was an impractical and useless solution and it would die within a few weeks. But that was not the case, instead, it touched approximately 18k in just 9 years. So 100,000$ if, by looking at the history of bitcoin doesn't seem as that impossible goal to be achieved by bitcoin in the coming near future. Let's hope for the best and pray it happens soon.
full member
Activity: 294
Merit: 100
I am a  number 1 fan of bitcoin and all crypto currency i realy bilieve that bitcoin well goes back to 20,000$ soon or before the end of this year. But thinking about 100,000$ each bitcoin is quite a very big amount of money 21million x 100k = 2.1 trillion (2,100,000,000,000$) do you guys bilieve that bitcoin can reach that far?
I do not believe in such a big jump bitcoin. But then I open the statistics and see how the price of bitcoin changed last year. It was hard to believe this last spring. But the price jumped 20 times. What can prevent repeating this jump.
newbie
Activity: 162
Merit: 0
I also love bitcoin that's why I still using bitcoin and I hope it will hit at 20,000$. Cryptocurrecy like bitcoin and other altcoins will be more demand in the future. Our best things to do is be patience and have faith in bitcoin, and hope it will hit at 100,000$.
newbie
Activity: 28
Merit: 0
i doubt it.. hehe for me bitcoin project will be surpassed by other good project that really solve problem. btc will become obsolete

D234
newbie
Activity: 14
Merit: 0
believe that bitcoin will rise back to $ 20,000 maybe more before the end of the year so wait  in December
newbie
Activity: 238
Merit: 0
I think that's the dream of every bitcoin holder. but it will not come true unless until every people wants bitcoin for transaction or holding. also in cheaper cost. but i don't think it will be. lets see what happens
legendary
Activity: 2982
Merit: 1028
I am a  number 1 fan of bitcoin and all crypto currency i realy bilieve that bitcoin well goes back to 20,000$ soon or before the end of this year. But thinking about 100,000$ each bitcoin is quite a very big amount of money 21million x 100k = 2.1 trillion (2,100,000,000,000$) do you guys bilieve that bitcoin can reach that far?

You may be right and it will happen at some time, but it is unlikely to be in the near future. Sounds a little amazing.  Smiley Smiley
Who knows, maybe holding some coins and allow that prediction to happen will be a good idea, more people are engaging their attention
to this investment and for sure more will be added, so you might be right and your assessment can be achieved but we don't know when
that will happen or if that will happen, just keep believing and invest those money that you can afford to forget for some years.
newbie
Activity: 112
Merit: 0
I am very patient and believe in the growth of bitcoin in this year or in the future. These unexpected prices can happen at any time. However, 100k is really a huge number. because it is beyond my hope. But if that happens, we can become really rich. It is the best thing that we can continue to be patient to hold and to wait.
sr. member
Activity: 462
Merit: 250
I am a  number 1 fan of bitcoin and all crypto currency i realy bilieve that bitcoin well goes back to 20,000$ soon or before the end of this year. But thinking about 100,000$ each bitcoin is quite a very big amount of money 21million x 100k = 2.1 trillion (2,100,000,000,000$) do you guys bilieve that bitcoin can reach that far?

You may be right and it will happen at some time, but it is unlikely to be in the near future. Sounds a little amazing.  Smiley Smiley
member
Activity: 266
Merit: 10
It depends on several factors if bitcoins will be able to cross $90,000.00 and I don't think it will be in the near future. Maybe 5 to 7 years from now. And as I said earlier ,it may depend on some factors like government regulations, and the posture of central banks of developed countries toward bitcoins and other coins.
sr. member
Activity: 1092
Merit: 257
LuckyB.it is Back!
I am a  number 1 fan of bitcoin and all crypto currency i realy bilieve that bitcoin well goes back to 20,000$ soon or before the end of this year. But thinking about 100,000$ each bitcoin is quite a very big amount of money 21million x 100k = 2.1 trillion (2,100,000,000,000$) do you guys bilieve that bitcoin can reach that far?
I am also Bitcoin lover this will reach 100k USD in 2020. So now we are all supporting to Bitcoin automatically it will growing continuously in Crypto market. But all the coins are slowly raise in future this is right time to invest in Cryptocurrency because again some price fluctuation is occur in Crypto market.
hero member
Activity: 2212
Merit: 805
Top Crypto Casino
That possibility exists but it might take quite a while to get there. Bitcoin is currently around $7960. That means It needs to do more than a 10x to hit $100,000. But bitcoin has done more than that since inception so I wouldn't be too surprised if it hits that price in either 2018 or 2019 considering the fact that mass adoption is expected soon and there would be a high influx of money coming into the space. The crypto market is also forcasted to be worth trillions of dollars in the near future. So yeah, Bitcoin would hit that price range at some point.
full member
Activity: 360
Merit: 100
I am a  number 1 fan of bitcoin and all crypto currency i realy bilieve that bitcoin well goes back to 20,000$ soon or before the end of this year. But thinking about 100,000$ each bitcoin is quite a very big amount of money 21million x 100k = 2.1 trillion (2,100,000,000,000$) do you guys bilieve that bitcoin can reach that far?

I am also a big fan of Bitcoin, but if I have to be honest I do not believe Bitcoin goes so far. I can be wrong, however, no one can predict what will happen to the market.  Huh Smiley
member
Activity: 294
Merit: 17
As much as I love bitcoin but I don't think that it could reach that price. I believe its possible to exceed the ATH $20000 but 100000 is really a large amount. Even as of now bitcoin is struggling on its current price to go up.
full member
Activity: 182
Merit: 108
I am a  number 1 fan of bitcoin and all crypto currency i realy bilieve that bitcoin well goes back to 20,000$ soon or before the end of this year. But thinking about 100,000$ each bitcoin is quite a very big amount of money 21million x 100k = 2.1 trillion (2,100,000,000,000$) do you guys bilieve that bitcoin can reach that far?

Short answer: Yes

Long answer : The last year's events including BTC ETFs and rising regulation show that adoption is on its way and still growing. Its not a matter of if, its a matter of when. And to be honest, nobody knows when, so why focus energy on it. Just learn more about it and help others who know less than you. (Also read up on the coming Bond bubble crisis, that's where I suspect alot of the incoming new money will be from.)

It seems to me people ( mostly newbies) focus on a future pricepoint in which they will sell all cryptos and retire.  This may be feasible, but consider this scenario:

      Focus on having a solid crypto portfolio in cold storage. When mass adoption has occurred you use the portfolio itself as your
       retirement fund where you withdraw a fraction each year or month.
hero member
Activity: 966
Merit: 513
I am a  number 1 fan of bitcoin and all crypto currency i realy bilieve that bitcoin well goes back to 20,000$ soon or before the end of this year. But thinking about 100,000$ each bitcoin is quite a very big amount of money 21million x 100k = 2.1 trillion (2,100,000,000,000$) do you guys bilieve that bitcoin can reach that far?

Definetely we will be able to find this value for sure in the market mate. But it will take atleast 4 years from the present time bro, Whenever you are late to come to crypto market think these kind of analysis.
These kind of answer will give the positive view that we are very much early to adapt the crypto currency investment bro.
My personal wish and thought, we will find the bitcoin in the expected value for sure.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
If there would be a huge hype train and massive attention gathered from the masses and financial magnates alike, no wonder we will get to there though we need to get a solid footing first. Before, no one ever thought we'd cross $1000 again, nor would we meet the $5000, yet we managed to climb to $10k which is pretty much deemed impossible just 2 years ago and lo and behold, $19k was the top of the mountain before it went on crashing its way to $6000. In bitcoin, anybody can make lucrative guesses, only for the price to deliver after a couple of years just like what we witnessed on the previous bull run. But that would still be up to the demand and supply thing and what kind of incentive would people get in investing their money to bitcoin.
legendary
Activity: 1372
Merit: 1123
Bitcoin won't become the #1 world currency. Existing governments will destroy Bitcoin before allowing their currency to fail or be overpowered by it.

This is assuming that existing governments do not collapse under the own weight of their stupidity beforehand. This is also assuming that existing governments will not prop Bitcoin up in an attempt to be seen as economic pioneers.

At the current rate of supply and demand bitcoin has an $8,000 valuation. To reach $100,000, with supply remaining steady, we need to increase demand by 12.5 times (100,000 / 8,000).

I have never thought about a simple increase in demand in this regard, but it would seem rather shallow. I say this, because the increased demand will cause fluctuation in the marketable supply. As demand, or price increases those that have been HODLing tremendous amount of coins will be more willing to add to the supply in circulation, which will at least somewhat offset the demand. In purest terms though, you are correct in that we would need a 12.5 times increase in demand to see that price-point. I'm just mentioning certain obstacles that would make calculating it more difficult.

It's impossible to know exactly how many people own Bitcoin today...which is the figure we need to know to arrive at what the demand would have to be (exactly) to drive the price to $100,000. But we can do some estimating.

Example: If 1 Million people in the world own Bitcoin today, we'd need 12.5 Million people in the world to own bitcoin to drive the price to $100,000.

Your example only works if the "new demanders" bring with them an equal ratio of demand for Bitcoin as the original 1 Million. As we've seen though, people that are becoming interested in Bitcoin seem to be less dedicated, invested, or interested in the currency. So let's assume there is 1 Million people using Bitcoin now, the demand does not go up proportional to the next 12.5 Million people interested in owning Bitcoin unless they are equally as demanding as the original 1 Million. I don't know if I've explained that properly.

It's also not impossible to know exactly how many people own Bitcoin, but we are certainly incapable of accomplishing that at the moment.

When you think about it this way the ability to achieve the $100k price point becomes a lot more realistic.

It makes just about any price point outside of the absurd seem very realistic.

I saw one study that suggested 5% of Americans own Bitcoin. That's not representative of all people that own Bitcoin nor the percentage of every other country's population that owns bitcoin. But what if we say it's .5-1% of the world population that own Bitcoin, so 35-70 Million people own Bitcoin, we need to increase that number by 12.5 times -- 420-840 Million people. or 12% of the world population.

I don't think 35 million people own Bitcoin, I think it's less, but you get the idea on how we can play with the numbers.

Compare that against the amount of people with a Facebook and we've got some very realistic opportunity for Bitcoin to be worth $100,000+ without a problem. I'd argue that there are less than 20-million Bitcoin holders, even fewer that actually understand the technology or use anything other than an exchange in relation to Bitcoin. I'd also argue that 65% of the 5% of Americans claiming to own Bitcoin are liars. Cheesy
member
Activity: 266
Merit: 10
well it has opportunity to come back at 20000$ however i dont think that it will happen before the year end we hope so to come back the price but we should be patient and avoid ignorance.
hero member
Activity: 1106
Merit: 638
Why not ! If Bitcoin become the #1 world currency then this can be easily achieved .

Bitcoin won't become the #1 world currency. Existing governments will destroy Bitcoin before allowing their currency to fail or be overpowered by it.

But Bitcoin doesn't need to become the #1 world currency to reach a $100,000 per coin valuation.

At the current rate of supply and demand bitcoin has an $8,000 valuation. To reach $100,000, with supply remaining steady, we need to increase demand by 12.5 times (100,000 / 8,000).

It's impossible to know exactly how many people own Bitcoin today...which is the figure we need to know to arrive at what the demand would have to be (exactly) to drive the price to $100,000. But we can do some estimating.

Example: If 1 Million people in the world own Bitcoin today, we'd need 12.5 Million people in the world to own bitcoin to drive the price to $100,000.

When you think about it this way the ability to achieve the $100k price point becomes a lot more realistic.

I saw one study that suggested 5% of Americans own Bitcoin. That's not representative of all people that own Bitcoin nor the percentage of every other country's population that owns bitcoin. But what if we say it's .5-1% of the world population that own Bitcoin, so 35-70 Million people own Bitcoin, we need to increase that number by 12.5 times -- 420-840 Million people. or 12% of the world population.

I don't think 35 million people own Bitcoin, I think it's less, but you get the idea on how we can play with the numbers.
sr. member
Activity: 728
Merit: 275
Well, $100,000 is a way too large amount. And hoping bitcoin to touch this price by the end of this year is like something happening once in a blue moon! But this is the crypto market, and you cannot be sure of anything here!! It is very difficult to determine the next move of the market. And market moves in such an unexpected manner that it's like from 0 to one in no seconds!!

But the thing is there is nothing wrong in predicting and hoping good...it just brings out positivity  Grin But $100,000 is pretty huge amount, so i won't say that might happen in this year. Maybe it touches the target of $50k by the year end (&& that is also just a prediction, I don't have any supporting for this!!)
sr. member
Activity: 602
Merit: 259
I am a  number 1 fan of bitcoin and all crypto currency i realy bilieve that bitcoin well goes back to 20,000$ soon or before the end of this year. But thinking about 100,000$ each bitcoin is quite a very big amount of money 21million x 100k = 2.1 trillion (2,100,000,000,000$) do you guys bilieve that bitcoin can reach that far?

Sure man as it is global thing and not associated with one country alone. Now evolution of the whole worlds income can be far far greater than your estimated cost of whole BTC investment and that will obviously will happen over the time. So I am sure that slowly and gradually it can fill up the quota of bitcoin market cap and bring that much value to it. Unless and until there are no rules and regulation the money can be spent on the BTC without any limits and over the course of time it will increase as I mentioned above. So there is at least single shot of that happening thats what I believe. Its just about the money nothing else and we do have sufficient. It happened with gold, oil and diamond then why not with the bitcoin itself.
newbie
Activity: 238
Merit: 0
I think the next step is around 25-30.000 $.

Will wait and see.. Now is on the buttom, so buy BTC
legendary
Activity: 1904
Merit: 1159
Why not ! If Bitcoin become the #1 world currency then this can be easily achieved . I saw some of really big names in crypto world say that BTC have a big chance to reach 100k by year 2022 . But no one really knows maybe they are just big holders which mean what they say have conflict interests .

It might happen in the future but I highly doubt it will be by year 2022 .
There has been a trend of a lot of regulation for cryptocurrencies. When we talk about regulation, we are mostly considering the G-20 countries. It is often being overlooked that a lot of smaller countries are quite bullish on bitcoin. Those are mainly the tax haven, tech-savvy nations that want to be the Switzerland of fiat banking.
There are quite a few territories in the run like Malta, Gibrlatar, Estonia etc. The interest from people in Japan and Korea isn't going to subside anytime soon. The libertarians and cypherpunks in the west can be trusted to always provide a solid base for development and ideological support. Countries declaring "interest in blockchain" will find it almost impossible to use it without the bitcoin connection.

All these fundamentals mean that bitcoin adoption will slowly and steadily rise and so will the price. 100,00 USD in two years is a 5X growth which seems pretty unlikely considering the fact that there still are a lot of pitfalls like miner actions, Bitmain's monopoly, Targeted manipulation, solution of scaling issues with LN adoption etc etc.

Considering all things, a rise to 100,000 seems neither feasible nor healthy.
legendary
Activity: 1120
Merit: 1000
I am a  number 1 fan of bitcoin and all crypto currency i realy bilieve that bitcoin well goes back to 20,000$ soon or before the end of this year. But thinking about 100,000$ each bitcoin is quite a very big amount of money 21million x 100k = 2.1 trillion (2,100,000,000,000$) do you guys bilieve that bitcoin can reach that far?
We can't still determine such thing regarding with its possible market value in the future especiallh at this moment whereas the market vale of it fell down due to the continuous dumps in the market from the start of this year. But for having a high market value assumed,I think it will take many years for it to future recover. So we just have to be patient.
No it is a very big amount.It can reach near it.But we cannot predict what will happen in the future.Its demand is increasing day by day and also its price is increasing slowly and steadily.Bitcoin's popularity is increased a lot in the last nine years.People are also holding their bitcoin for future price rise.People have faith in bitcoin that is why they are still using it even after the fall in price.Digitization is going on so cryptocurrencies like bitcoin are getting very famous.
full member
Activity: 429
Merit: 100
I am a  number 1 fan of bitcoin and all crypto currency i realy bilieve that bitcoin well goes back to 20,000$ soon or before the end of this year. But thinking about 100,000$ each bitcoin is quite a very big amount of money 21million x 100k = 2.1 trillion (2,100,000,000,000$) do you guys bilieve that bitcoin can reach that far?
We can't still determine such thing regarding with its possible market value in the future especiallh at this moment whereas the market vale of it fell down due to the continuous dumps in the market from the start of this year. But for having a high market value assumed,I think it will take many years for it to future recover. So we just have to be patient.
newbie
Activity: 140
Merit: 0
No one knows. But in this kind of market and trade nothing is impossible. Everything might change in a short period of time.
sr. member
Activity: 840
Merit: 266
Why not ! If Bitcoin become the #1 world currency then this can be easily achieved . I saw some of really big names in crypto world say that BTC have a big chance to reach 100k by year 2022 . But no one really knows maybe they are just big holders which mean what they say have conflict interests .

It might happen in the future but I highly doubt it will be by year 2022 .
full member
Activity: 406
Merit: 100
I am a  number 1 fan of bitcoin and all crypto currency i realy bilieve that bitcoin well goes back to 20,000$ soon or before the end of this year. But thinking about 100,000$ each bitcoin is quite a very big amount of money 21million x 100k = 2.1 trillion (2,100,000,000,000$) do you guys bilieve that bitcoin can reach that far?
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