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Topic: What year will Bitcoin reach $250,000? - page 4. (Read 5028 times)

sr. member
Activity: 1479
Merit: 273
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September 04, 2019, 02:56:16 PM
#32
Will think more logic because $250000 is quite high. Because to predict or maybe only imagine it, still too far from now. Maybe my target if new ATH come, it can be like $25000 or approaching it. For $250.000 maybe need 10 years again, but i am vote for never because there are not only good news which will come, but bad news and a lot of bad people still haunt price of bitcoin.
legendary
Activity: 3318
Merit: 1128
September 04, 2019, 03:57:22 AM
#31
I can't say what year it is and nobody can even tell what year it is too. A $250,000 is a bit huge price if you have to ask me and it might take for a while before we even witness that day. I can't imagine if someone who had a single Bitcoin on that day, he must be really really rich if he has to sell it.

Well, maybe we were too old during that day if we could ever witness that price because it's just too soon to tell it that $250,000 would just happen within 10 years. That doesn't really fix the chart if you look at it--i found it abnormal though. I know it's weird but there should be a pattern before a $250,000 hit.
There are just some questions that are just silly to ask and I Didn’t know if it does not sound silly to the creator of the post. How can you ask about the year that bitcoin will reach such amount as if there is a formula that people can use to know. To even predict what the price of bitcoin would be tomorrow is very difficult because of its high concentration of volatility not to talk more of when the price will exactly hit the target.

We can only describe how the future will look like and what we think may facilitate the adoption of bitcoin that will make the price reach such amount in future. No one is doubting that the value will reach that but to specifically say when it would reach is impossible, not even satoshi who created the coin too, all he knows Is future.
sr. member
Activity: 2506
Merit: 368
September 03, 2019, 02:18:25 PM
#30
I can't say what year it is and nobody can even tell what year it is too. A $250,000 is a bit huge price if you have to ask me and it might take for a while before we even witness that day. I can't imagine if someone who had a single Bitcoin on that day, he must be really really rich if he has to sell it.

Well, maybe we were too old during that day if we could ever witness that price because it's just too soon to tell it that $250,000 would just happen within 10 years. That doesn't really fix the chart if you look at it--i found it abnormal though. I know it's weird but there should be a pattern before a $250,000 hit.
newbie
Activity: 18
Merit: 0
September 03, 2019, 10:57:03 AM
#29
i can't vote but probably more than 2022, maybe NEVER!   Kiss
legendary
Activity: 2968
Merit: 3684
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September 03, 2019, 10:51:24 AM
#28
Let us first wait before the prediction of the $50k'ers believer comes true.
Then we could to $100k and next might be your wish.
So what if does happen? Did you try to buy more bitcoin before it happens or will just be mere words and predictions without even having the faith with the technology?

Some do wait because of money and I am not a hypocrite because I want it too.
But let us face it, how could it go that far? That means a lot to hodlers.

That's just it isn't it? And which is why I've never really seen myself, nor do I want to see myself, as a holder purist. I mean, let's most of us admit it, it is mainly about price for all of us and we want a good 6-digit maybe even 7-digit figure, and then we're all happy and lambo-ing off into the horizon.

But if we allow a bit of pragmatism, we know that we've got to balance that holding with a lot of actual use. Every spend we do, every case we use it for, contributes to that end game. Easy for me to say of course, I earn in bitcoin so I have no choice really to use it and sell it. Makes me feel good about myself but it's less a choice than it is circumstance.

And if we do allow for pragmatism, then we also allow ourselves to see that this big money price isn't just going to happen, and isn't likely to happen.
legendary
Activity: 3654
Merit: 1165
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September 03, 2019, 09:02:25 AM
#27
I voted for 2030 but if there was option for anything even longer than I would have picked that as well. I am not saying "never" because I believe it will be 250k eventually but that may take decades before it happens, like maybe in 2050 we will have bitcoin at 250k.

However, right now inflation is not as bad as people think (not in big countries anyway) and that means price of bitcoin is not going to get that big. Don't get me wrong it can go up a bit without taking inflation into consideration, like just finding the right price of bitcoin but I believe that is between 50k and 100k, it could be anything between those numbers, but anything above 100k I feel like there needs to be something wrong going on with the economy globally and that will only happen with inflation over decades.
hero member
Activity: 2660
Merit: 551
September 03, 2019, 06:12:57 AM
#26
Probably we will get there after the next block halving next year, so around 2024 I guess. The next cycle will be around 6 figures perhaps but I don't see it getting into $250K. But just imagine if you are still accumulating at this time and seeing the price hit that in the future, going to the moon and lambo, lol.
sr. member
Activity: 882
Merit: 269
September 02, 2019, 10:50:51 AM
#25
Bitcoin should be able to reach $250,000 and above after the next halving which will make bitcoin extremely expensive. The major players in financial world are speaking positively about bitcoin and that means now should be the right time we should put in what we have since we can still get Bitcoin below $10,000.
legendary
Activity: 2128
Merit: 1775
September 02, 2019, 09:11:44 AM
#24
Guess, prediction, it all makes me always confused sometimes right sometimes not right, but I keep investing outside the predicted price of Bitcoin as high as $ 250,000, let people think bitcoin prices as high as $ 250,000.

If the question is required to choose the price of bitcoin when $ 250,000, for me it will break in 2025.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
September 02, 2019, 08:35:03 AM
#23
So what if does happen? Did you try to buy more bitcoin before it happens or will just be mere words and predictions without even having the faith with the technology?

I certainly won't be buying any more. My hope is that it'll be directly spendable in more places as more people realise it has a lasting value and future. I'm uninterested in buying my toilet paper with it, but I am for other assets like property.
hero member
Activity: 3052
Merit: 651
September 02, 2019, 08:32:12 AM
#22
Let us first wait before the prediction of the $50k'ers believer comes true.
Then we could to $100k and next might be your wish.
So what if does happen? Did you try to buy more bitcoin before it happens or will just be mere words and predictions without even having the faith with the technology?

Some do wait because of money and I am not a hypocrite because I want it too.
But let us face it, how could it go that far? That means a lot to hodlers.
legendary
Activity: 2758
Merit: 1004
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September 02, 2019, 04:51:28 AM
#21
for me, it is very difficult to predict this, especially now that recovery can be quite slow. if it is speculated based on available data, maybe bitcoin will reach that price by 2025, and however, I also doubt that. considering that the current price of bitcoin is $ 9k, so I still can't be optimistic at the price of hundreds of thousands of dollars.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
September 02, 2019, 03:52:10 AM
#20
Markets aren't generous; they don't give you a million chances to get in.

I reckon that's a key point.

Most people are 100% locked into what they think should happen and what they think they deserve rather than what WILL happen.

No one and nothing else gives a shit what they think or feel. It'll run right over them without a flicker of regard.
legendary
Activity: 1946
Merit: 1137
September 02, 2019, 02:10:26 AM
#19
it is really impossible to tell not just because of the usual thing people say about speculation but because $250k in my opinion is a bit higher than the price i think we will see in next bull run which means it may or may not happen during next bull run and if it didn't then it will happen in the bull run after it.

so my guess is that in 2020 and beginning of 2021 we will see a new ATH and it will be somewhere above $100k this time but like 2017 where we saw the rise from $900 to $20000 it is not possible to know how big the bubble is going to be. so it could even get to $250k. but if it doesn't then it would take the next bull run in probably 2023-24 to get there.
legendary
Activity: 1806
Merit: 1521
September 01, 2019, 05:56:48 PM
#18
My willy wants me to write 2029, but in the cold light of day a just over 10x rise in 10 years seems silly.

It's either silly because expecting to get there at all is an outrageous presumption, or it's silly because if it is to happen it's hard to believe it'll take anywhere near that long.

An ever increasing amount of money and awareness meeting a supply that's fixed held by a large number of believers only has one likely trajectory.

It's a very binary proposition indeed.

As the trajectory becomes more and more obvious (perhaps in the next bubble cycle), I think the market will start front-running the pattern, sending it vertical. Markets aren't generous; they don't give you a million chances to get in. That's why I don't think we'll be waiting anywhere near as long as a decade. I think Draper's "$250,000 by 2023" call will be proven right.
legendary
Activity: 3234
Merit: 5637
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September 01, 2019, 05:41:04 AM
#17
I think it will be at that moment when SEC approve first Bitcoin ETF, just because this is something that can pump price x25 from today value. If we take in consideration that SEC has been refusing such requests for years, it will probably be like that for several years.

For me personally, the year in which this could happen is 2022/23, for reason some smart people say that (Tim Draper), and this is not a man who speaks nonsense. But I would be very happy if 4-5 years from now price reach only half of that amount, $100k is something that is the ultimate goal for most.

Another possibility is that we will have to wait for such large numbers at least 10+ years, when almost 99% of all Bitcoins will be mined, and that demand then will be very high.
legendary
Activity: 3304
Merit: 1617
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September 01, 2019, 05:11:02 AM
#16
Something like 2025 I think, the current phase will top in 2031 at about $100,000, I think. You then get the likely correction & a long wait until after the 2024 halving until significant upwards again so I think something like 2025.
full member
Activity: 630
Merit: 103
September 01, 2019, 12:32:33 AM
#15
I think it will never happen except if Bitcoin will be used globally and freely as a world currency. I don't believe it will reach that much because if Bitcoin will become more expensive to purchase then it will become more difficult to purchase too as investment. We all knows majority of the investors are small time in which they might shift to much affordable investment and lesser risk.
legendary
Activity: 2366
Merit: 1408
August 31, 2019, 10:42:20 PM
#14
What makes you so sure that Bitcoin will reach 250000$?
Having in mind volatility and all factors that influence the price and market it's very hard to tell how the price will develope long term and to my opinion this is exaggerated value.
I tend to agree. Too many people here are stuck in their moon boy bubble and ignore very realistic (but not so pretty) bearish scenarios long term speaking. Probably too much to ask for here.

I am very open to the idea of Bitcoin never reaching $250k, or at least, not without the more dominant fiat currencies around the world losing so much of their value that Bitcoin is being helped out in that way to increase.

I consider $100k a 50/50 shot. In order to speculate about anything above the $100k mark I want to see this price be hit first, otherwise what's the point of this speculation? If you can't hit $100k then you obviously won't hit $250k.

Some time ago people was betting on 1 million, half million, 100k usd
Now they are more realistic and we all know it's not so easy, we are struggling to reach 20k usd again, it's a hige amount of money necessary to reach such levels, people need to realize this
legendary
Activity: 3024
Merit: 2148
August 31, 2019, 09:09:32 PM
#13
It's not likely to hit that mark during this bull market. So, my bet would be on the next bull market, but there's also an always-present possibility that the pattern will break, and we'll have longer cycles or the growth rate will slow down. So, if I wanted to be safe, I'd say 2032, but if I wanted to make a more yolo prediction, I would go for 2024. Think about it, Bitcoin demonstrated amazing growth in the bast that surpassed expectations of most people, but where's any guarantee that it will continue?
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