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.
Well these are just speculatives words and they have been here since from the launched of the platform but one thing is sure that, we shall experience some good price before the drastical change and this would be around the 2040. I can't wait.to see the best innovative. Of bottle. Hope that the price of one bitcoin can make the holders millionaire's.
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.
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 with your prediction, but I am not sure that the bitcoin price can hit $100k before that time. It still mystery to us because we cannot predict with right and we could only follow where the market wants to move. But if the price can really increase to that price, then I am sure that all people will be shocked and for people who are not investing their money in bitcoin will think that they lose a very big chance to make a lot of money from bitcoin.
But that will be 2 years later than now, and I think if the price can hit $20k this year, that will be a new chance for bitcoin to be popular within the public. I am sure that they will join in bitcoin and the long-term, it will attract more people to come into cryptocurrency.
On what basis I don't know, but there is big hype for the upcoming halving as well as the year 2022. Let's wait and experience the reality, because expectations, predictions and impossible things getting achieved is common with bitcoin.
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 with your prediction, but I am not sure that the bitcoin price can hit $100k before that time. It still mystery to us because we cannot predict with right and we could only follow where the market wants to move. But if the price can really increase to that price, then I am sure that all people will be shocked and for people who are not investing their money in bitcoin will think that they lose a very big chance to make a lot of money from bitcoin.
But that will be 2 years later than now, and I think if the price can hit $20k this year, that will be a new chance for bitcoin to be popular within the public. I am sure that they will join in bitcoin and the long-term, it will attract more people to come into cryptocurrency.
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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 with your prediction, but I am not sure that the bitcoin price can hit $100k before that time. It still mystery to us because we cannot predict with right and we could only follow where the market wants to move. But if the price can really increase to that price, then I am sure that all people will be shocked and for people who are not investing their money in bitcoin will think that they lose a very big chance to make a lot of money from bitcoin.
But that will be 2 years later than now, and I think if the price can hit $20k this year, that will be a new chance for bitcoin to be popular within the public. I am sure that they will join in bitcoin and the long-term, it will attract more people to come into cryptocurrency.
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.
With your prediction? That type of prediction is almost everywhere.
I do believe that the price will hit that level but not in 2022. If it will happen early, then good. If not, then fine. Doesn't matter as long as bitcoin is steady.
The most important thing to think and do right now is continuous accumulation rather than setting up a dream price target . It might give you a false expectation so just go with the flow.
But whales are hindering the Bitcoin price to prosper more because they cannot bag another sets money from pumping an dumping if price continues to grow and reached that hundred grants
Do we need to complain about these whales for their doings? It absolutely we can't because there is no reason to make it besides, they are also investors just like us only the invested a lot which they can influence the market flows and prices but not in a way that they are controlling it.Not really to believe that it Bitcoin will move higher in 3 years (2022) from now and similar to this topic https://bitcointalksearch.org/topic/bitcoin-will-reach-100k-within-5-years-from-now-5175916. We can't actually predict for the incoming and not even TA's will work as well pretty much closer to what it happens next.
Do you agree with me on my prediction that Bitcoin price will hit 100k before December 2022?
Do I believe you?ofcourse I do because I trust bitcoin and I know that this can hit even quarter a million bucks But the question is on why year?2020?i think it wasn’t enough as it’s too early to expect huge amount for single bitcoin mate
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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.
But whales are hindering the Bitcoin price to prosper more because they cannot bag another sets money from pumping an dumping if price continues to grow and reached that hundred grants 
Do you agree with me on my prediction that Bitcoin price will hit 100k before December 2022?
I definitely do not agree that by 2022 the bitcoin price will reach $ 100,000. Look at the current stage:
August 22, 2019 the price is $ 10,000... still no have huge demand, BAKKT will enter in scene on September 23, we will see how much demand it will bring in the coming months, but even if it brought a lot Demand, I believe we would see at most $ 60,000 by 2020.
You need to understand that there are two faces to the coin, the head and the tail, and when you toss the coin, it could go any direction. In the cryptocurrency market, we are simply divided into two groups, the bull group and the bear group, if you are the type that is investing, you fall for bull but if you are the type that is taking money, you fall for bear group, no matter how hard the bulls try to pump the market, the bears will always force the price of the market down, forcing it not to meet up to expectation, so you see why it will be a little bit difficult to reach that.
Do you agree with me on my prediction that Bitcoin price will hit 100k before December 2022?
Personally, I think this is possible because it is only an increase of 10 times from the current price. When it comes to Bitcoin, anything is possible, and in 3+ years to go from $10k ->$100k is something that is quite realistic.
What we need to ask ourselves is what would cause such a price increase, because it will not happen by itself very likely. Can such an increase in price be caused by small ordinary people who will invest in BTC in the next three years, or it all depends on the institutional investors? If they wait to SEC approve ETF, perhaps the real question is whether this is the next big thing that will launch BTC to the moon.
Still I would disagree that governments have no instruments to bring price down, or to even make cryptocurrency completely illegal. All they need to do is to shut down all crypto exchanges, and declare crypto transactions illegal+completely destroy any legal connection which banks have today with crypto.
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.
Hopefully that at least this price will become possible in the future as many people like the famous crypto magnet John McAfee is predicting more than that in which for him it will reach $1M by that year but still i'm doubtful that it will going to happen as for me that the more the Bitcoin will become more expensive to purchase is the more difficult to buy it for an investment. So for me maybe $20k to $30k are the nearest possible figures for that date.
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.
You are quite right when you affirm that the price is moved by people's feelings, it is true, although we must take into account that we must determine at what stage of the market we are currently, personally my Wyckoff-based analysis is at a beginning stage bullish trend, and I think that before 2022 it can reach that price range, because some massive purchases have already been seen after $ 6k, which caused the price to rise, and according to this, BAKKT will start on 23 September of this 2019, this is something very positive, I really dare to say that many buyers will enter the market buying at the price that is and with large volume. This helps the BTC do something similar to a re-accumulation, so the price will quickly win a new ATH.
Actually, I can’t be sure with a 100% guarantee that in 2022 we will reach $ 100,000 for bitcoin, but nevertheless, trading in Bitcoin futures should attract a sufficiently large number of investors and interested people in cryptocurrency trading. In addition, I would like to draw attention to the fact that the price of Bitcoin will increase even due to the fact that the price for mining has almost halved, as stated by very reputable analytical companies.
Do you agree with me on my prediction that Bitcoin price will hit 100k before December 2022?
I definitely do not agree that by 2022 the bitcoin price will reach $ 100,000. Look at the current stage:
August 22, 2019 the price is $ 10,000... still no have huge demand, BAKKT will enter in scene on September 23, we will see how much demand it will bring in the coming months, but even if it brought a lot Demand, I believe we would see at most $ 60,000 by 2020.
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.
the regulations are delaying the growth of crytpos, but at the same time i believe that with proper regulations many cryptos will die ... in the end bitcoin will benefit greatly with regulations
The deal is we have gone that already, we don't know if we gonna get that once again, going 5x-10x was easier from $1k to $10k for example but it will be harder from $10k to $100k because there will be a lot more people who will sell and it will require a lot more money to buy their orders.
So, we have already spent a ton of money going from $3.4k to $13.8k at our peak and now we are suppose to go another 5x in another 6 months? That is really improbable from both sides, its both difficult because we have already went up a lot and spent a lot of money to reach here, plus its hard because the higher the price the more difficult it gets to increase, hence I feel like nothing will happen anytime soon. Maybe later in the future, maybe standing still for another 3-4 months and then moving up but not a steady increase anytime soon.
So, we have already spent a ton of money going from $3.4k to $13.8k at our peak and now we are suppose to go another 5x in another 6 months? That is really improbable from both sides, its both difficult because we have already went up a lot and spent a lot of money to reach here, plus its hard because the higher the price the more difficult it gets to increase, hence I feel like nothing will happen anytime soon. Maybe later in the future, maybe standing still for another 3-4 months and then moving up but not a steady increase anytime soon.
Consider where we were 2 years after the 2013 top, in early December 2015. The market was trading around $400 (and $200 just a few months prior to that). That's considerably less than half of its 2013 value. Yet the market rose 50x from there through 2017.
Not possible now?
Anything is possible. Things are progressing too slow. Is it a sov is it going to be spent at Starbucks etc. As a pure speculation play i cant see it happening imo.Not possible now?
We went from $3,000 to $14,000 in 6 months. Not fast enough for you?!
I just like to keep betting on trends. "The trend is your friend until it ends" as they say. It's the people who keep saying "this time will be different" that keep getting bit when Bitcoin goes vertical in their face.
I hear ya. I am with you on the trend. (Always makes ath) im not betting against that.
Pricewise 4k to 13k is nice but there are plenty of stocks that probably did the same. (Going from $4 to $13 for example) its a very good return, but we gave back almost 30%.
I just wpuld have thought things would have progressed faster in regards to adoption. Im sure if you go back and look at all the ideas and problems from 2014 they are the same things we have today and are continuing to push into the future. Pure speculation isnt going to push price to $100k or $500k without many other things in place. Just my 2c
Consider where we were 2 years after the 2013 top, in early December 2015. The market was trading around $400 (and $200 just a few months prior to that). That's considerably less than half of its 2013 value. Yet the market rose 50x from there through 2017.
Not possible now?
Anything is possible. Things are progressing too slow. Is it a sov is it going to be spent at Starbucks etc. As a pure speculation play i cant see it happening imo.Not possible now?
We went from $3,000 to $14,000 in 6 months. Not fast enough for you?!
I just like to keep betting on trends. "The trend is your friend until it ends" as they say. It's the people who keep saying "this time will be different" that keep getting bit when Bitcoin goes vertical in their face.
Do you agree with me on my prediction that Bitcoin price will hit 100k before December 2022?
Bitcoin will hit 100k before December 2022, on December 2022, after December 2022 or never. Now it's correct.
Bitcoin price is very hard to predict. A new FOMO bubble can start any second or may not start for years. It may go very high (60k?) and fall and bring another crypto winter for who knows how many years.
Nowadays everybody's expectations are very high. I'll be honest: mine too. But the reality may never meet the expectations or may fulfill even the wildest dreams. We'll know only if it'll happen.
Ps to show how slow growth is look at 2017 price was at $20k, here we are almost 2yrs later worth of buying and adoption and bitcoin being spread out to even more people worldwide and the price is still half of what it was? Is this progress? That isnt progress. Its regression.
Consider where we were 2 years after the 2013 top, in early December 2015. The market was trading around $400 (and $200 just a few months prior to that). That's considerably less than half of its 2013 value. Yet the market rose 50x from there through 2017.
Not possible now?
Ps to show how slow growth is look at 2017 price was at $20k, here we are almost 2yrs later worth of buying and adoption and bitcoin being spread out to even more people worldwide and the price is still half of what it was? Is this progress? That isnt progress. Its regression.
Consider where we were 2 years after the 2013 top, in early December 2015. The market was trading around $400 (and $200 just a few months prior to that). That's considerably less than half of its 2013 value. Yet the market rose 50x from there through 2017.
Not possible now?
$100k no way. Probably the largest group of retail bitcoin buyers during the end of 2017-2018 got their asses handed to them and they are either still underwater or have left the crypto scene altogether. Couple that with most alts down about 90-95% in the same time frame. Its going to be a tough sell going forward. We may be lucky to see $35-$40k. Then we will see a crash back to under $10k and lose another generation of investors. #viciouscycle
Ps to show how slow growth is look at 2017 price was at $20k, here we are almost 2yrs later worth of buying and adoption and bitcoin being spread out to even more people worldwide and the price is still half of what it was? Is this progress? That isnt progress. Its regression. We are keeping the early adopters piggy banks full and all they have to do is keep the plebs dreams alive.
Ps to show how slow growth is look at 2017 price was at $20k, here we are almost 2yrs later worth of buying and adoption and bitcoin being spread out to even more people worldwide and the price is still half of what it was? Is this progress? That isnt progress. Its regression. We are keeping the early adopters piggy banks full and all they have to do is keep the plebs dreams alive.
Jelly that we are up high in the pyramid
It is not about what we know right now, bitcoin is a volatile thing and it could totally hit 100k and even go back down to 10k right after that who knows, however its about what will happen until 2022, we do not have any data about that.
If great things happen about bitcoin and crypto world than its obviously super possible, all politicians, laws, regulations, taxes and all the required things to run a crypto company gets easier and people start to make debit cards with bitcoin more commonly and you could even withdraw money from Bitcoin ATM machines with those cards, all these things make it sound like bitcoin would go over 100k in a heart beat. However, if bad things happen then it is still viable that bitcoin could stay around these prices or go up only a bit.
If great things happen about bitcoin and crypto world than its obviously super possible, all politicians, laws, regulations, taxes and all the required things to run a crypto company gets easier and people start to make debit cards with bitcoin more commonly and you could even withdraw money from Bitcoin ATM machines with those cards, all these things make it sound like bitcoin would go over 100k in a heart beat. However, if bad things happen then it is still viable that bitcoin could stay around these prices or go up only a bit.
Steady growth that is sustainable is far more positive then the silly figures. Last time we had a price that doubled like that it was chaos of stupidly high fees and the peak was soon lost to great lament and celebration by all that hated Bitcoin.
I dont really frame that peaky price achievement as a positive in the long term really. So I dont expect, want or imagine 100,000 is happening. Its possible but people imagine just the positives when I see a proper market as having balance and there is likely a negative attached to such a number.
The scenario I want is 20,000 for the next five years. Totally boring but thats a price that can be built around, if it varied either way of 20k by 10k which is very volatile that'd still be a more positive outcome then a spike to 100k and some kind of failure or collapse. Even if the crypto were fine and it was Dollars which melted down, you are talking about your neighbours having great ruin from the failure of FIAT value. Hardly happy times, I'll take slow progress as better for everyone.
I dont really frame that peaky price achievement as a positive in the long term really. So I dont expect, want or imagine 100,000 is happening. Its possible but people imagine just the positives when I see a proper market as having balance and there is likely a negative attached to such a number.
The scenario I want is 20,000 for the next five years. Totally boring but thats a price that can be built around, if it varied either way of 20k by 10k which is very volatile that'd still be a more positive outcome then a spike to 100k and some kind of failure or collapse. Even if the crypto were fine and it was Dollars which melted down, you are talking about your neighbours having great ruin from the failure of FIAT value. Hardly happy times, I'll take slow progress as better for everyone.
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.
I like your optimism but i'm not so sure about your prediction since there are other factors that would tell that your prediction will get ignored. If you remember the bull run in 2017 you should be well aware of the days of how long before we finally see another bull run again. It takes more than a year to literally starts the market to go upward and you see the lowest price during the bearish trend. 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.
The long-run for Bitcoin isn't yet over, prices may still unpredictable all the time. Looking forward to how it becomes a more valuable asset in the future will still be positive, but I'm not thinking that it will hit for $100k. Yes, it gonna be all unpredictable but having such price meant too high to be a value for a certain coin even the demand is so high.
Other people hit the point but these games of trying to say why it will or wont be a certain price years in the future (yes 2022 is still yearS), can be argued for or against. Worldwide political positions will have a big play on how crypto in general will do by 2022. But if I had to guess I'd say 30-50k
And think about it. Any asset that grows 10X in three years is ripe for a crash--so I'm actually hoping bitcoin doesn't get near $100k that soon. Hell, I'd be fine if it was at $25k by 2022. Ever see what invariably happens to investments that get into an exponential growth phase? Eventually they tank, just like the NASDAQ did in April 2000.
but it didn't collapse. in the long run, the entire 2000-2010 period was just a sideways plateau. there's a big difference between exponential rise followed by a correction, and a real live bubble asset that collapses and never recovers. bitcoin definitely isn't a bubble asset so i'm not too worried about the post-bubble crashes. they don't matter in the long run.
and the exponential runs are unavoidable IMO because of the nature of price feedback. higher prices give rise to hype/demand, which further drives higher prices. this cycle keeps building on itself until the crash finally occurs.
This upward movement will be fueled by People's sentiment and other important indicators.
While I agree with you that bitcoin's price is determined by investor sentiment, there's no telling what that sentiment is going to be in 2022, or even next month for that matter. What happens if something comes along that blows bitcoin away? I seriously doubt that's going to happen, but anything's possible in 3 years. And think about it. Any asset that grows 10X in three years is ripe for a crash--so I'm actually hoping bitcoin doesn't get near $100k that soon. Hell, I'd be fine if it was at $25k by 2022. Ever see what invariably happens to investments that get into an exponential growth phase? Eventually they tank, just like the NASDAQ did in April 2000.
Whichever social medium I browse like this forum, twitter, Reddit, news sites I am seeing these crazy $50K or $100K predictions and it leads me to be very cautious. Because too many people are bullish and it's never a good thing.
You got that right, bro. I don't think the bitcoin market is anywhere near a bubble, but if it gets to the point where we start seeing threads about people selling their houses and cars and kids' toys to buy bitcoin, it's time to run for the hills. 
Before I'm excited to see such price base on the prediction of the crowd. And it's more than that, there are many factors that are unveil to come for this market and base on bitcoin's behavior, there's a possibility that it will reach that price.
We have an idea on how much to predict because we keep on comparing the situation on how bitcoin made from three digits to $20,000 on 2017. But to reach that price before or after 2022, adoption is the key for it.
We have an idea on how much to predict because we keep on comparing the situation on how bitcoin made from three digits to $20,000 on 2017. But to reach that price before or after 2022, adoption is the key for it.
Whichever social medium I browse like this forum, twitter, Reddit, news sites I am seeing these crazy $50K or $100K predictions and it leads me to be very cautious. Because too many people are bullish and it's never a good thing.
This is more or less the same situation as in Dec 2018 when it looked like BTC would break $3K and looked like it would hit the 3 figure range. And look what happened, it reversed when people least expected it too.
I am not saying it won't hit $100K sometime in the future but I am just saying to be cautious when everybody and their Grandma is investing in crypto due to massive amounts of greed in the markets.
This is more or less the same situation as in Dec 2018 when it looked like BTC would break $3K and looked like it would hit the 3 figure range. And look what happened, it reversed when people least expected it too.
I am not saying it won't hit $100K sometime in the future but I am just saying to be cautious when everybody and their Grandma is investing in crypto due to massive amounts of greed in the markets.
The price prediction of 2022 for a $100k is mouth watering. No doubt that we are going to see more adoption by individuals and countries as the days go by.
But are those enough to take 100$k price within 2 years from now?though I trust bitcoin no doubt but 100,000$ is some what x10 from what we have now in which over expecting and may cause mis information for othersBut thanks for positive outviews and this helps the community have positive thinking’s specially those who was been feeling victim when the fluctuations happens last year and many investors had bad experienced
With post like this(though it’s over expectations)yet positivity for all crypto community
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.
Nothing is uncertain and no one can predict the future thats why saying those numbers would either possibly be reached up or not on that year.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.
We have seen countless speculations about the price, we presume and hope but $100k would be too much on 3 years time.Breaking out the ATH
is the primary challenge and even doing that thing might take years.
Do you agree with me on my prediction that Bitcoin price will hit 100k before December 2022?
This upward movement will be fueled by People's sentiment and other important indicators. I also have a strong believe That no single person nor single policy is capable to bring the price down, rather the price is decided by the people's sentiments.
I think better to read his topic first then decide if you will continue your thread or not because it seems that bitcoin will firstly reached the 100k$ value earlier than your prediction 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.
https://bitcointalksearch.org/topic/do-you-really-think-bitcoin-will-reach-100k-in-2021-5176819
Reactions on that thread are more specific and truthful than this yours
That no single person nor single policy is capable to bring the price down, rather the price is decided by the people's sentiments.
Not exactly true and to be honest, it's not by the people sentiments, it's by how the trading works, how the maintenance of these trading platforms and exchanges affects the traders activity, Policies can make or break the trading platforms which will affect the price. Chart doesn't lie and you should start the basics of reading a chart to know exactly how to predict a price not only based on news or mere speculation, but also based on the trading charts.
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.
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