Why Bitcoin price will reach $100 000 - page 2.

Supercrypt

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Quote from: Questat on May 05, 2019, 11:47:09 PM

Quote from: bitcoin31 on May 04, 2019, 06:44:03 PM

Quote from: bhabygrim on May 01, 2019, 11:10:27 AM

Well we couldn't be sure of it we don't even know what could happen in the future.
Maybe it could or maybe it couldn't,Maybe before it reach that price a new crypto could replace BTC so we couldn't be sure if it would really hit $100k in the future.

No can predicted the futures happen in bitcoin if the price going to $100,000 is good for us because we are first getting benefits for sure.
But incaee it will not hitted to $100,000 even lower that value is okay for me Im feeling blessed if the value around $50,000 highest before it going to drop.

We won't complain as long as the value will rise.
This market is progressing and the potential of success is huge so we will surely see an increase of price.
$100,000 is a big price prediction but let's believe Bitcoin will achieve that one day, we have a steady price now and that helps attracts inveestors.
We are looking for institutional money to adopt, so they will also bring adoption to ordinary people, we will certainly need time for this.

Bitcoin touching $20,000 self is already a blessing to so many people, at first, that will be the main recovery stage for some people, because right now, not many of us are still seeing this stage as recovery stage because of the heavy investment we all did in the last bull run that we are yet to recover from.

If bitcoin touches $20,000 again which I am sure it will, we would have recovered from past debt and still have enough profit from our recent investment, not to talk of when bitcoin reaches $30,000 and even now decide to reward our patience with $50,000, at this price, I would have already climaxed without my girlfriend.

Ozero

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I very much doubt that the price of any cryptocurrency can be about one hundred thousand dollars. Price cryptocurrency based on the ratio of supply and demand in the market. This market is not material, it largely depends on faith in technology, on good and bad news. Cryptocurrency is not unequivocally perceived by the states and therefore bad news will periodically arise. Human psychology is such that he will always doubt. Weak by faith and this technology will always be provoked by their actions to the fall in the price of cryptocurrency. Considering all this, its price will periodically fall according to the principle of dominoes and will not be able, I think, to reach 50,000 dollars. So these are only fancy pink glasses.

Questat

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Quote from: bitcoin31 on May 04, 2019, 06:44:03 PM

Quote from: bhabygrim on May 01, 2019, 11:10:27 AM

Well we couldn't be sure of it we don't even know what could happen in the future.
Maybe it could or maybe it couldn't,Maybe before it reach that price a new crypto could replace BTC so we couldn't be sure if it would really hit $100k in the future.

No can predicted the futures happen in bitcoin if the price going to $100,000 is good for us because we are first getting benefits for sure.
But incaee it will not hitted to $100,000 even lower that value is okay for me Im feeling blessed if the value around $50,000 highest before it going to drop.

We won't complain as long as the value will rise.
This market is progressing and the potential of success is huge so we will surely see an increase of price.
$100,000 is a big price prediction but let's believe Bitcoin will achieve that one day, we have a steady price now and that helps attracts inveestors.
We are looking for institutional money to adopt, so they will also bring adoption to ordinary people, we will certainly need time for this.

sunsilk

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Quote from: Indrawan77 on May 04, 2019, 10:45:26 AM

That is a good reason, one of the things that catch my minds is even with the low reputation previously bitcoin could reach 20k, 100k is not impossible but like OP said nobody know and can predict when it could happen, if more governments agree for adoption then it could speed up the process, but price is not the main goal of bitcoin, bitcoin supposed to help people to have a better transaction and help people to get better life

If most of the gov't of each country will also encourage people or even won't encourage but they will allow and won't have any prohibition for their people when using bitcoin, bitcoin can easily increase in market cap due to the demand.

It's a matter of time when, we have reached $100B market cap within the bear market and it's still moving forward. If everyone will keep on using bitcoin as a means of payment and store of value at the same time, $100k is an inevitable event.

GregH37

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Quote from: Indrawan77 on May 04, 2019, 10:45:26 AM

That is a good reason, one of the things that catch my minds is even with the low reputation previously bitcoin could reach 20k, 100k is not impossible but like OP said nobody know and can predict when it could happen, if more governments agree for adoption then it could speed up the process, but price is not the main goal of bitcoin, bitcoin supposed to help people to have a better transaction and help people to get better life

That is right, price is not the main goal of bitcoin but what we have created in our mindset and out of the system, bitcoin goal is what you have said which really outweighs every other benefits it has, but majority of us are too blindfolded by the profit we are seeing to see the real use for cryptocurrency, which should be the main base for our adoption.

I think anything is really possible with Bitcoin, when bitcoin was $1, who would have ever though that a time will come where it will increase by 20000x, $100000 is just like 20x of the value it is presently, that is just too small for BTC to really get to, we just need very big institutions to start using crypto currencies for their company payment activities.

The more these large companies puts money into the bitcoin market, the higher it will continue to appreciate drastically in its value, I don’t see that happening now, but I am very sure that in some years to come, max 10 years, bitcoin will really tough that price.

bitcoin31

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Quote from: bhabygrim on May 01, 2019, 11:10:27 AM

Well we couldn't be sure of it we don't even know what could happen in the future.
Maybe it could or maybe it couldn't,Maybe before it reach that price a new crypto could replace BTC so we couldn't be sure if it would really hit $100k in the future.

No can predicted the futures happen in bitcoin if the price going to $100,000 is good for us because we are first getting benefits for sure.
But incaee it will not hitted to $100,000 even lower that value is okay for me Im feeling blessed if the value around $50,000 highest before it going to drop.

Indrawan77

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That is a good reason, one of the things that catch my minds is even with the low reputation previously bitcoin could reach 20k, 100k is not impossible but like OP said nobody know and can predict when it could happen, if more governments agree for adoption then it could speed up the process, but price is not the main goal of bitcoin, bitcoin supposed to help people to have a better transaction and help people to get better life

cryptjh

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It is only a matter of a few years before the younger generations who understand bitcoins better than the generations who have most of the money now will have enough money to buy the last cheap bitcoins on the market. A 100k bitcoins are highly possible within the next 3-6 years, maybe even before.

coinplus

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If we are going to talk about why it should be 100k today than it wouldn't make any sense since it is at the price where people said it should be because market decides what the price of bitcoin should be. If you think it should be 100k soon than that is prediction and we can never really know what will happen to price of bitcoin anytime soon neither.

Nonetheless, if you are talking about bitcoin being 100k "one day" that its just simply linear inflation where everything goes up in a long enough time and it should be going to 100k one day because of the inflation. Look at prices of everything in the world, there are a ton of stuff that went up x20 in price over the years so bitcoin going up x20 after certain amount of time is only expected of it, we just don't know how quickly or slowly it will be.

OrangeII

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Quote from: Adriano2010 on May 02, 2019, 11:19:03 AM

I also think bitcoin will value way more than is today and yes can reach 100,000$, now at 5400$ i think bitcoin is underevaluated but this happen because most of people sell and also there was a lot of scam and this also cause the drop.

for now, I don't think that far. but, I feel that the development of bitcoin in the future will be very fast, and may reach a high price. for now, I feel the development of bitcoin will be used for the development of the latest technologies. if this continues to flow, I think the price will be even higher.

Adriano2010

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I also think bitcoin will value way more than is today and yes can reach 100,000$, now at 5400$ i think bitcoin is underevaluated but this happen because most of people sell and also there was a lot of scam and this also cause the drop.

Oceat

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Quote from: cryptjh on May 01, 2019, 04:47:47 PM

I also think its only a matter of time before we get to $100.000 for one bitcoins. The Quantitative easing from the central banks alone will over time push bitcoin price up, people will be needing a safe store of value, that the central banks can't inflate.
Best asset anyone cut have bought the last 10 years has been bitcoins, and I think people will say the same 10 years from now.

Bitcoin needs more years to eventually reach the six-figure value and it is just too much to predict that it will occur next year. Those experts who predict that Bitcoin will reach the six-figure this year or next year was delusional without a valid basis to support their claim. People will still choose what's the majority of the people has been choosing.

cryptjh

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I also think its only a matter of time before we get to $100.000 for one bitcoins. The Quantitative easing from the central banks alone will over time push bitcoin price up, people will be needing a safe store of value, that the central banks can't inflate.
Best asset anyone cut have bought the last 10 years has been bitcoins, and I think people will say the same 10 years from now.

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Quote from: bhabygrim on May 01, 2019, 11:10:27 AM

Maybe before it reach that price a new crypto could replace BTC so we couldn't be sure if it would really hit $100k in the future.

Lol. If that's something you worry about, you are rightfully missing out on great buying opportunities.

Bitcoin's position in this ecosystem is unmatched and I haven't believed for a second in the last years that a new or already existing crypto could take it over. People keep dreaming about this, but don't waste your time doing so.

The only decent altcoin this ecosystem counts is Ethereum, and while it has a lot of competitors to deal with in the smart contract field, Ethereum won't be replaced by something else. TRON and EOS can cheat their way up faking user statistics on their platforms, but the real money and developers are in Ethereum, and that's what matters.

sgenuine

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Quote from: ditrore on April 30, 2019, 04:33:42 AM

Haha, my friend and I even argued whether Bitcoin could get to 6000 before the summer. Trending is still a very exciting business, don't you think?

It is. LOL. The best recommendation for all of us here is simple: do not predict the prices of Bitcoin. Some guys start to believe them, and later, they get a great disappointment.

Reid

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Good point.

There is just one problem again. It will be those owners of trillion of dollars will be the owner of most bitcoins?
Who could possibly believe in a technology like this in this era?
They are still being eaten by the traditional fiat which they cannot ever let go.

That is one of the best reason into why it could never make that kind of price. Too much negativity is encircling in the crypto field. Hell, even our governments are against it.

bhabygrim

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Well we couldn't be sure of it we don't even know what could happen in the future.
Maybe it could or maybe it couldn't,Maybe before it reach that price a new crypto could replace BTC so we couldn't be sure if it would really hit $100k in the future.

nauane

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Quote from: Duzter on May 01, 2019, 12:29:50 AM

Quote from: Vaculin on April 30, 2019, 06:57:44 PM

Quote from: Rahman11 on April 30, 2019, 10:26:42 AM

Everything is possible! you can't guess about bitcoin future! same as you! we are also can't predict about future activities of bitcoin, we can create hope bitcoin will going better position then present in future and it's prospective! we hope bitcoin will accepted all over the world in future, then definitely bitcoin will be increase it's value hugely!

Yes. Everything will be possible in bitcoin. It will just take time to make its own price soar high again and will reach high peaks in the future. Maybe for now $100 000 might be too hard to believe that bitcoin price will reach this far but who knows, surprises come when we least expect it. So always believe in bitcoin and be positive that it will be a mainstream in the future.

Being positive with the growth of bitcoin is a must with each and every user. As the acceptance around the world keeps increase there will be more demand for limited supply availability. At times there is some form of FUD which stops the steady growth of the market. From my understanding market will surely grow high when some countries give legal support for its usage.

With the passage of time, the bitcoin price will increase but cannot tell at the present moment if bitcoin will ever reach $100,000. Even if it reaches this much high, we cannot tell the estimate time frame of when this will happen . It depends upon a lot of things which includes the current market situation, demand of btc and most importantly the value of dollar in the world.

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I agree, the point is that Bitcoin's market capitalization is a drop in the ocean, also considering its properties it will be $100.000 and more ultimately.

Romanianz

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Quote from: proTECH77 on May 01, 2019, 12:39:33 AM

Quote from: Pr3ko on April 30, 2019, 05:00:36 AM

Last year when BTC reached $ 200,00 many analysts made a lot of assumptions and no one was right. How can you be sure?

Personally, there were series of predictions that came in from cryptocurrency communities and big wings in the crypto industry but unfortunately their predictions where not seen at the end of the day. But the beauty of it was, Bitcoin value was increased and find another All Time High of $20,000. For another prediction of Bitcoin to hit $100,000 can be see of Bitcoin achieving another mile stone of $80,000.

but if you only make predictions like this without becoming a supporter by buying bitcoin at the exchange I think it will be increasingly difficult to make the price of bitcoin rise because no one buys bitcoin, there are only a lot who just want to predict.

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