What year will Bitcoin reach $250,000? - page 5.

BitHodler

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Quote from: bitbunnny on August 31, 2019, 12:17:35 PM

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.

soxxx

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Quote from: bitbunnny on August 31, 2019, 12:17:35 PM

It surprised me that you didn't put the question if but when. 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 added the option of never.

1Referee

legendary

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Realistically speaking, I would prefer a 'slower' road to that price in order for it to be more sustainable. The quicker we touch it, the weaker the support is and more likely that we'll be brutally rejected as usual. Bitcoin's issue hasn't ever been reaching certain high figures, maintaining them has always been its weakest point.

If I had to state a time frame, then >2030. That will allow me to accumulate as many satoshis as possible, then if we hit that price, diversification is what I will be focusing on.

gentlemand

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Welt Am Draht

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.

exstasie

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Quote from: soxxx on August 31, 2019, 11:35:19 AM

This post from 2013 inspired me to make this poll.

https://bitcointalksearch.org/topic/poll-what-year-will-bitcoin-reach-10000-328685

It's hard to know what shape Bitcoin's long term trajectory will take. A lot of people are assuming it's limited to the current logarithmic curve so they're conservatively thinking mid to late 2020s. That's possible. It's also possible the current log curve is just the beginning of a larger S-curve. So I give you 2 guesses:

If it's a logarithmic curve: 2025
If it's an S-curve: 2021

rdluffy

legendary

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Even I, an optmistic person and passionate about cryptos, don't know IF, but it's good to see you asking "when" Cheesy

Serious, I don't know if BTC will reach 250k USD, even in an insane pump I think we have a lot of steps to do, and we barely touched 20k the last ATH, and this year we are in a solid 10k, so let's take easy and do a step by step

Duzter

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Leading Crypto Sports Betting & Casino Platform

My guess is 2028 or above year, because by that time the bitcoin network would have undergone three halving as well there will be very big level of adoption. The proof for the same is the increase in userbase and adoption taking place between years. By that time, the demand will be compromised with the increase in value to the lowest denomination of bitcoin which could take the price reach $250000.

Wilhelm

legendary

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Next bull period.
This period ath will be Aug 2020.
Add 4 years and a bit.
2025

gantez

full member

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That year is very close for $250,000. We are just below the $10,000 and I'm wondering the kind of volatility that will lead to that. The volatility of 2017 if doubled is just going to give us close to $40,000 and the difference is still clear Grin

bitbunnny

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It surprised me that you didn't put the question if but when. 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.

figmentofmyass

legendary

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Merit: 1483

my wild guess in 2021.

in terms of fractals, the current chart looks like early 2016 to me. that suggests the next bubble top is 1.5-2 years away, and i think $250k is very possible in the next cycle.

soxxx

member

Activity: 256

Merit: 62

This post from 2013 inspired me to make this poll.

https://bitcointalksearch.org/topic/poll-what-year-will-bitcoin-reach-10000-328685

Topic: What year will Bitcoin reach $250,000? - page 5. (Read 5028 times)