Not impossible for bitcoin but It's really really hard to reach $100K. Bitcoin is facing many problems till now, many government has banned bitcoin. so that is a Problem to progress normally. Currently, I am really wating to hit atleast $20K beacuse the price is not getting any boost for 2-3 months.
100K is long way to go. Bitcoin is on the market for 10 year's already and if it can survive more 10 year's then surely bitcoin can reach 100K IMO.
Topic: Why Bitcoin will Hit $100,000 in or Before 2022 (Read 521 times)
$100k mark is possible specially if Bitcoin currency will be legalize and will be supported by all nations which means increased of demand as the amount of Bitcoin available is just 21Million and the world population by 2022 is 5 billion then if you do the math the speculated value will be very small as Bitcoin supply is limited.
I think that there is need for you to carry out your research accurately before you voice it out because the data you gave for population is inaccurate, are you planning to kill the remaining 2.5 billion population when you said that our population is going to be 5 billion by 2022 as against the current population of 7.5 billion, china alone is 1.33 billion and same as India.so what happened to the rest of 2.5 billion, and when you look at bitcoin, it is not meant to be a global currency and I think the 21 million is more than enough to serve us because it is not meant to be like fiat system where you keep over printing money and which is already destroying the world, it is better we have the limit now than to have too much bitcoin that people would have access to anyhow.
If we are searching for a reason for it, then I would like to throw my hat in the predictions and say the mainstream media. I know that nobody really cares about it here, yes you are all very happy with your social media and your forums and reddits however mainstream media is really what drives the general public.
If you really put bitcoin up there, not just small time neither, like really up there, financial channels have their own bitcoin section sort of big deal with news that mention price changes everyday and so forth, then we can actually 100k and even more. How can we get mainstream media to take interest in bitcoin?
Well, we can actually watch them and mail them questions or if it is a thing where viewers call and ask financial stuff we can call and ask, with more interest towards crypto in their viewers they will change. However as you all know we don't watch tv that much and only old people who like gold watch it so you will see gold and stocks more often.
If you really put bitcoin up there, not just small time neither, like really up there, financial channels have their own bitcoin section sort of big deal with news that mention price changes everyday and so forth, then we can actually 100k and even more. How can we get mainstream media to take interest in bitcoin?
Well, we can actually watch them and mail them questions or if it is a thing where viewers call and ask financial stuff we can call and ask, with more interest towards crypto in their viewers they will change. However as you all know we don't watch tv that much and only old people who like gold watch it so you will see gold and stocks more often.
To my opinion such prediction isn't realistic, price of 100000 is exaggerated and in quite short period of time.
Besides I can't see any reliable data analysis that lead to such prediction so everything sounds to me more like a wishful thinking.
Never say never, I can agree with that and Bitcoin is unpredictable but currently I don't see conditions on the market or other factors that might influence such strong price growth.
Besides I can't see any reliable data analysis that lead to such prediction so everything sounds to me more like a wishful thinking.
Never say never, I can agree with that and Bitcoin is unpredictable but currently I don't see conditions on the market or other factors that might influence such strong price growth.
I don't dismiss the possibility though. I bet people sees $20k was also very unrealistic back 2010. We may not know until we see it happens maybe after 2022, we can go back to this thread again and says, it happened. Maybe it can touch just 99K and soon dumped again to the new bottom like it did on $3k. Seeing there are lots of users who sees bitcoin to be the new gold, it may actaully happen the even the shittiest coin we see in the market with just 1satoshi could value about $1.
I wish bitcoin could hit 100k in 2022. But it seems too much unrealistic to me. The situation is not as same as it was on 2010. BTC was very new concept then so by the time as the BTC got is popularity over the world, the number of users increased in 2015-2016 in high percentage. And at that time no gov had any eye on BTC. but currently situation is so different.
To my opinion such prediction isn't realistic, price of 100000 is exaggerated and in quite short period of time.
Besides I can't see any reliable data analysis that lead to such prediction so everything sounds to me more like a wishful thinking.
Never say never, I can agree with that and Bitcoin is unpredictable but currently I don't see conditions on the market or other factors that might influence such strong price growth.
Besides I can't see any reliable data analysis that lead to such prediction so everything sounds to me more like a wishful thinking.
Never say never, I can agree with that and Bitcoin is unpredictable but currently I don't see conditions on the market or other factors that might influence such strong price growth.
I don't dismiss the possibility though. I bet people sees $20k was also very unrealistic back 2010. We may not know until we see it happens maybe after 2022, we can go back to this thread again and says, it happened. Maybe it can touch just 99K and soon dumped again to the new bottom like it did on $3k. Seeing there are lots of users who sees bitcoin to be the new gold, it may actaully happen the even the shittiest coin we see in the market with just 1satoshi could value about $1.
Holders will be there to keep on accumulating assets, the chance to see your assets to grow is possible if you have enough patience waiting for the bull.
I think the issue here is where do we get that amount of money to flow into the ecosystem and push the price to $100k in the next coming years. Unless institutional investors move to the market and pour their cash, it might take years for us to finally see a 6 digit figure, just saying. Personally I think that it will be around 2024-2025.
Maybe we never need that amount of money. If people keep holding, and it appears that the data shows that exactly is happening, then there is less available liquidity, and thinner orderbooks (comparatively), and it won't take much buying pressure to get that $100,000.
As it stood, the volumes climbing up from 3k to 10k weren't so high either, not when compared to when Bitcoin was chugging down the other direction!
To my opinion such prediction isn't realistic, price of 100000 is exaggerated and in quite short period of time.
Besides I can't see any reliable data analysis that lead to such prediction so everything sounds to me more like a wishful thinking.
Never say never, I can agree with that and Bitcoin is unpredictable but currently I don't see conditions on the market or other factors that might influence such strong price growth.
Besides I can't see any reliable data analysis that lead to such prediction so everything sounds to me more like a wishful thinking.
Never say never, I can agree with that and Bitcoin is unpredictable but currently I don't see conditions on the market or other factors that might influence such strong price growth.
I don't dismiss the possibility though. I bet people sees $20k was also very unrealistic back 2010. We may not know until we see it happens maybe after 2022, we can go back to this thread again and says, it happened. Maybe it can touch just 99K and soon dumped again to the new bottom like it did on $3k. Seeing there are lots of users who sees bitcoin to be the new gold, it may actaully happen the even the shittiest coin we see in the market with just 1satoshi could value about $1.
To my opinion such prediction isn't realistic, price of 100000 is exaggerated and in quite short period of time.
Besides I can't see any reliable data analysis that lead to such prediction so everything sounds to me more like a wishful thinking.
Never say never, I can agree with that and Bitcoin is unpredictable but currently I don't see conditions on the market or other factors that might influence such strong price growth.
Besides I can't see any reliable data analysis that lead to such prediction so everything sounds to me more like a wishful thinking.
Never say never, I can agree with that and Bitcoin is unpredictable but currently I don't see conditions on the market or other factors that might influence such strong price growth.
I still can't comprehend how Bitcoin will hit $100,000 on 2022. First we are just around $10k today, the market is in adoption stage yes but there are lots of hindrane on its way. We cannot use the data on the previous history because the higher the price of Bitcoin is, the bigger the needed resources for it to overcome its ATH or even double its market. Remember $100 to $1000 is far different than $10,000 to $100,000. I think it will take longer than 3 years for bitcoin to reach $100k.
There's mcafee predicted bitcoin price will hit 1 million dollar in the next 3 years ... or $500k at least (i know that he is crazy but well things could always possibly happened)Then There's tim draper a well known billionaire / investor that recently speaking about how bitcoin price could hit another ATH at $250k.
All the predictions is based on how they are confident bitcoin will very soon used widely and become mainstream. It's just makes sense if the mass adoption occurred in 2022 ... the 85% of bitcoin total supply has been mined and those who hold bitcoin till that time won't sell at cheap price while there's a lot of demand coming in.
So never say never ... things in cryptocurrency mostly went unexpected, $10k to $100k ? Let's just make it happen!
I still can't comprehend how Bitcoin will hit $100,000 on 2022. First we are just around $10k today, the market is in adoption stage yes but there are lots of hindrane on its way. We cannot use the data on the previous history because the higher the price of Bitcoin is, the bigger the needed resources for it to overcome its ATH or even double its market. Remember $100 to $1000 is far different than $10,000 to $100,000. I think it will take longer than 3 years for bitcoin to reach $100k.
Do you agree with me on my prediction that Bitcoin price will hit 100k before December 2022?
This upward movement will be fueled by People's sentiment and other important indicators. I also have a strong believe That no single person nor single policy is capable to bring the price down, rather the price is decided by the people's sentiments.
This upward movement will be fueled by People's sentiment and other important indicators. I also have a strong believe That no single person nor single policy is capable to bring the price down, rather the price is decided by the people's sentiments.
I agree that people's sentiment and support and reaction plays a crucial factor in the price of Bitcoin and other Cryptocurrencies, but so far it is moving slowly and we are still waiting for the big events to happen, right now price is still struggling, it's not possible for the price of Bitcoin to reach another all time high.
My prediction maybe if all best scenes which happen to bitcoin, it can reach $50000, maybe 2022 we don't know bitcoin get big problem or not. Because every get it's new ATH, bitcoin price or maybe bitcoin itself and crypto have problem, usually poblem happen and make bitcoin price down. If for $100000 i don't have any prediction about that price because it is very high.
Theres no way I imagine Bitcoin just rising continually from now until then or especially ever, its always a more mountainous road then a perfectly straight stairway. Theres alot of ups and down even if it does gain generally and its done very well this year, its just more realistic not to over expect gains from Bitcoin. The price is secondary to its actual usage being built, feels like a long way yet before that long path is ready to travel.
We should be going that direction soon, I mean it all depends on the may halving, if we spend the next year getting bigger and bigger than we will get closer to it, if we see the actual rise and the price gets bigger than we will probably be fine and reach $100k soon, however if we do not get up in the next 1 year than we will not be going to $100k for sure.
So, what happens in 2022 is kinda depending on what will happen in 2020, bitcoin prices affect each other like that, what happens today affects tomorrow as well. Let's watch how bitcoin will be affected during the halving period, not just that time but before it and beyond it as well, like maybe 6 months before and 6 months after it, that is why I honestly wait 2020 and gonna decide after that. I half think that $100k is possible after the halving itself before 2022 in 2020.
So, what happens in 2022 is kinda depending on what will happen in 2020, bitcoin prices affect each other like that, what happens today affects tomorrow as well. Let's watch how bitcoin will be affected during the halving period, not just that time but before it and beyond it as well, like maybe 6 months before and 6 months after it, that is why I honestly wait 2020 and gonna decide after that. I half think that $100k is possible after the halving itself before 2022 in 2020.
$100k mark is possible specially if Bitcoin currency will be legalize and will be supported by all nations which means increased of demand as the amount of Bitcoin available is just 21Million and the world population by 2022 is 5 billion then if you do the math the speculated value will be very small as Bitcoin supply is limited.
Many people have speculated this huge target for bitcoin to reach. It is highly possible for bitcoin but the time period is the issue here. As crypto enthusiasts, we can remain positive and expect only the best to happen to bitcoin's price. Hopefully, in the near future this target could be reached not based mainly on sentiments.
I think the issue here is where do we get that amount of money to flow into the ecosystem and push the price to $100k in the next coming years. Unless institutional investors move to the market and pour their cash, it might take years for us to finally see a 6 digit figure, just saying. Personally I think that it will be around 2024-2025.
We are not certain of this bitcoin prediction if price by year 2020 could hit $100k. Once the demand becomes higher the price of bitcoin could reach higher but I am not certain if what price then. So, for sure by that year many development could occur in crypto.
That’s supply and demand the normal ways on how the market goes either growing or losing but in some point that’s relevant to not expecting a great growth in a span of just a year,yeah we are looking forward about the Halving but it doesn’t necessarily mean we will expecting Huge because the more we find big the more we have got losing.but I am also optimistic that $100k will be on the way in 3+5 years time and that’s enough time for all of has to prepare for our crypto dreams
We have seen halving before and we have seen halving on other coins many many times as well. Its not making the difference people think it does. Don't get me wrong the difficulty increases and the reward drops so its harder to mine the coin and it creates a reason for not selling cheap from the miners which would increase the price of bitcoin. However even after saying that, its not AS BIG as everyone thinks.
Surely, if we go into halving with 10-15 thousand range the best case would be reaching 20 thousand dollars and that's it. Some people are so beyond their minds that they are thinking price will go up to 50 thousand dollars all because of halving, I am sorry but 5x just because of halving at this price is not possible, maybe your favorite altcoin had 5x-10x but that was probably couple million dollars at best on market cap, this would result with a trillion.
Surely, if we go into halving with 10-15 thousand range the best case would be reaching 20 thousand dollars and that's it. Some people are so beyond their minds that they are thinking price will go up to 50 thousand dollars all because of halving, I am sorry but 5x just because of halving at this price is not possible, maybe your favorite altcoin had 5x-10x but that was probably couple million dollars at best on market cap, this would result with a trillion.
Do you agree with me on my prediction that Bitcoin price will hit 100k before December 2022?
This upward movement will be fueled by People's sentiment and other important indicators. I also have a strong believe That no single person nor single policy is capable to bring the price down, rather the price is decided by the people's sentiments.
Maybe? We really can't tell the exact price in the future but i think it is possible if there are circumstances that would make to change the market to hype up that much. But today it is just a speculation since you don't have the data to prove that the price would hit $100k in 2022. This upward movement will be fueled by People's sentiment and other important indicators. I also have a strong believe That no single person nor single policy is capable to bring the price down, rather the price is decided by the people's sentiments.
Many people have speculated this huge target for bitcoin to reach. It is highly possible for bitcoin but the time period is the issue here. As crypto enthusiasts, we can remain positive and expect only the best to happen to bitcoin's price. Hopefully, in the near future this target could be reached not based mainly on sentiments.
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