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Topic: Will Bitcoin Reach $100,000? (Read 1177 times)

member
Activity: 980
Merit: 62
July 23, 2019, 11:22:24 AM
my analysis may be the price of $100k is the easiest value to be reached by bitcoin in the next 1 or 2 years, only I have a lot of conflict analysis by this one parent John McAfee who said to bet 1 million dollars in 2020, whether he saw analyze or get information in it, but I think to see it at the end of this year, many other surprises will come towards the end of the year, my analysis for 2020 - 2021


100k is still a very high level that cannot be reached considering the current situation of the market.
We need to bring more adoption and use cases in the real world so as more citizens will start using bitcoin. If this won't happen we will struggle to be around 15-20k for a very long time.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
July 23, 2019, 07:35:59 AM
Bitcoin the king of the crypto market is now in the longest bear market in bitcoin history. Many people now believe that Bitcoin will never able to reach its all-time high ($20.000).
On the other hand, many traders and analysts predicate that Bitcoin will surpass the $100,000 milestone in the net bull run.
Please share your views what are the key factors of the next bull run and will fuel the price above $100,000.

I am a believer of Bitcoin and believes that in the next 5 years Bitcoin will be accepted by most of the big firms.
since this is speculation section were free to say whatever we think will happen in future ..yes for me Bitcoin greatness will surely hit that value and some are expecting even higher like a million bucks?but for me thats exaggerating and to much to look at

in some ways this cannot happen this year or even in the next few years because there are still countries denying their peoples faith in crypto and hindering the adaptation  to happen soon
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
July 23, 2019, 06:14:50 AM
$100k is only 10x from current price with the next halving a year away. Of course it will reach $100k. Then it will reach $1m for the same reason.
Will you be holding any bitcoin when it reaches $100k?
Its sad if you don’t have any bitcoin right now, don’t wait for the price to go up before you buy. The chance to hit $100k is high as well, bitcoin will always challenge that level. Bitcoins keeps aiming for that, we are not end yet so be prepared and ready. No specific time for this just enjoy having bitcoin.
legendary
Activity: 2464
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Bitcoin Trader
July 23, 2019, 05:49:43 AM
my analysis may be the price of $100k is the easiest value to be reached by bitcoin in the next 1 or 2 years, only I have a lot of conflict analysis by this one parent John McAfee who said to bet 1 million dollars in 2020, whether he saw analyze or get information in it, but I think to see it at the end of this year, many other surprises will come towards the end of the year, my analysis for 2020 - 2021
hero member
Activity: 1120
Merit: 553
Filipino Translator 🇵🇭
July 23, 2019, 05:39:32 AM
Eventually yes but asking me when is what I can not answer. We all know that Bitcoin has a limited supply which is only 21 million. It's all expected to be mined within a decade from now and when that time happens, the gap between the demand and supply of Bitcoin will increase causing a bullish market reaching price which can't be measured from time to time.
sr. member
Activity: 1148
Merit: 254
July 23, 2019, 04:16:26 AM
$100k is only 10x from current price with the next halving a year away. Of course it will reach $100k. Then it will reach $1m for the same reason.
Will you be holding any bitcoin when it reaches $100k?
The possibility for bitcoin to reach $100k is realistic in comparison to the ath it has achieved in the past. Compared to the year 2017 now we've got increased level of adoption as well direct usage though there were countries that keep on stating some regulations and limitations on the usage. This way there is more chances for bitcoin to touch $100k in the future.

When it comes to $1 million it is completely impossible for various reasons. However high the demand might be, a single coin reaching $1million seems to be a disaster to the governing bodies as well the economy, because lot of fiat gets hold in the form of bitcoin which were the black money. This will help corrupt politicians.
if we think about it, of course there will be so many ways that bitcoin can reach $ 100k, it's just that, sometimes it doesn't work, and even that will be quite difficult. for example, we might assume that the price of $ 10k, and $ 20k is close together. however, until now, the price of bitcoin has never even approached that. if $ 100k is 10x than the current bitcoin price, it does feel so close, but the fact is not that easy the price of bitcoin will go up at that high price, especially when there are many pros and cons among the world's top brass regarding this.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
July 22, 2019, 11:24:32 PM
$100k is only 10x from current price with the next halving a year away. Of course it will reach $100k. Then it will reach $1m for the same reason.
Will you be holding any bitcoin when it reaches $100k?
The possibility for bitcoin to reach $100k is realistic in comparison to the ath it has achieved in the past. Compared to the year 2017 now we've got increased level of adoption as well direct usage though there were countries that keep on stating some regulations and limitations on the usage. This way there is more chances for bitcoin to touch $100k in the future.

When it comes to $1 million it is completely impossible for various reasons. However high the demand might be, a single coin reaching $1million seems to be a disaster to the governing bodies as well the economy, because lot of fiat gets hold in the form of bitcoin which were the black money. This will help corrupt politicians.
member
Activity: 308
Merit: 35
July 22, 2019, 10:41:29 PM
$100k is only 10x from current price with the next halving a year away. Of course it will reach $100k. Then it will reach $1m for the same reason.
Will you be holding any bitcoin when it reaches $100k?
legendary
Activity: 1652
Merit: 1265
July 22, 2019, 04:13:37 PM
The price of 100k is a high price and I think the next 10 years bitcoin has not been able to reach the price of 100k, and I still doubt the price is that high.

Not too long ago $60 was considered insane...

Bitcoin will defy all logic and gut feelings....
sr. member
Activity: 882
Merit: 282
July 22, 2019, 09:27:19 AM
The price of 100k is a high price and I think the next 10 years bitcoin has not been able to reach the price of 100k, and I still doubt the price is that high.
Compared to the number of Bitcoin that will ever be mine, I see the current price as been seriously undervalued and bitcoin price at $100,000 is not over price and it is very possible for that to happen in the next year when Bitcoin will be halving. There is a lot of great expectations on this and the more it becomes harder for people or miners to mine Bitcoin the high it price grow. In 10 years to come, we should be seeing bitcoin above $500,000 and not $100,000! Since the world financial power started recognized Bitcoin we should expect it to grow in pricing very soon!
member
Activity: 314
Merit: 10
“A nexgen decentralized ride hailing ”
July 20, 2019, 08:04:57 AM
I think it is only a matter of time, we might have to get into the next halving period before we see bitcoins above $100.000 but we will get there, the only way the major government can pay back their debts is from money printing and some of that money will end up in bitcoins.
I think we will see a $100.000 bitcoins within a few years from now.
To reach the price of USD 100,000, of course there must be a lot of bitcoin needs or the bittcoin mining period has run out, so people have to pay dearly if they want to have bitcoin.
But that possibility in my opinion will still occur for a long time because today the price of bitcoin is still in the range of USD 10,000 and is still depressed by the news that is increasingly growing from the existence of Libra Coins launched by Facebook.
full member
Activity: 241
Merit: 100
May 24, 2019, 04:19:40 AM
this speculation is actually still far from what I imagined. well, we don't know what will happen in the years to come, but I think the price of bitcoin will indeed be very high. for now, I just want to see the price of bitcoin above $ 10k at the end of the year, before starting the trip to the price of $ 100k.
copper member
Activity: 409
Merit: 0
May 23, 2019, 12:07:20 PM
The price of 100k is a high price and I think the next 10 years bitcoin has not been able to reach the price of 100k, and I still doubt the price is that high.
legendary
Activity: 3052
Merit: 1188
May 17, 2019, 11:09:08 AM
It's okay to be optimistic and to expect the best but I think $100,000 is unrealistic for now. Time will come that Bitcoin could reach that far but it will take time.
Bitcoin needs a massive adoption to exceed beyond $20,000 as it has reached last bull run.
Though Bitcoin is unpredictable, there is still due process and tests that it should surpass before it reaches that high value.
I agree with you that it is unlikely btc will surpass 100k in this bull run that's started. I could always be wrong and hope I am in this case, but in my opinion this run will likely take btc above 20k, may take a bit of time, maybe not, but it seems likely the high point in the bull mkt will fall short of 100k. Will be interesting to see how things play out. Grab the popcorn ^_^
Long term though btc has a pretty good shot at surpassing 100k per btc, as long as the tech keeps being improved, and abjacent systems built out, as well as continuing business use and adoption continue.
Likely people will be phrasing the btc price debate in the times to come in Satoshi's : )
Yes, bitcoin will test $150k too, but any reasonable person will know that there are so many factors that are yet unseeing which might really take a lot of time for that value to become feasible in the market. No matter the forceful push we see, 100K is far fetch from happening now, and just like you said, I believe the bull run spirit we are will see to it that bitcoin gets its value above $20k this time around.

One of the reasons why we will see a major pull back from $20k is because almost half of investors will take their profit has learnt from the past. Majority saw our mistake of not taking profit at $20k till it dumped, so they would not follow that part again, this will be the only history that I am sure will repeat itself again.
legendary
Activity: 2338
Merit: 1124
May 16, 2019, 04:05:20 AM
Everyone are free to predict. Tbh before I don't believe that btc were going to reach $100k soon but with the previous ATH and the possible breaking of it after halving. I think it's possible to reach $100k but I disagree that it will happen in the next bull run. Too early for $100k. As of now, such price is likely a dream.
Initially, I would argue it to the last that it would be impossible for it to get to $100k until like 10 years’ time, but I guess I don’t know bitcoin that much as I thought, because if I knew bitcoin that well, then the price I predicted for end of the year would not have been seen now.

I did not know bitcoin momentum could get so high this period to the extent of getting to $8000, bitcoin is really an amazing unpredictable coin, and I even think right now that it may be quite possible for BTC value to rise to $100k within the next 3 years, time will tell though and we will all be sound and healthy to witness it.
member
Activity: 137
Merit: 11
May 15, 2019, 10:10:37 PM
It's okay to be optimistic and to expect the best but I think $100,000 is unrealistic for now. Time will come that Bitcoin could reach that far but it will take time.
Bitcoin needs a massive adoption to exceed beyond $20,000 as it has reached last bull run.
Though Bitcoin is unpredictable, there is still due process and tests that it should surpass before it reaches that high value.
I agree with you that it is unlikely btc will surpass 100k in this bull run that's started. I could always be wrong and hope I am in this case, but in my opinion this run will likely take btc above 20k, may take a bit of time, maybe not, but it seems likely the high point in the bull mkt will fall short of 100k. Will be interesting to see how things play out. Grab the popcorn ^_^
Long term though btc has a pretty good shot at surpassing 100k per btc, as long as the tech keeps being improved, and abjacent systems built out, as well as continuing business use and adoption continue.
Likely people will be phrasing the btc price debate in the times to come in Satoshi's : )
member
Activity: 308
Merit: 35
May 15, 2019, 11:47:21 AM
I believe that this target price is a little bit impossible.
Even if we bring mass adoption the price is not going to go so high because there will be more demand so the price will go down.
If it ever happens it will be in many many many years from now. At this time is not feasible to reach this target.

Sure, more demand = lower price - you make a lot of sense.  Huh
member
Activity: 980
Merit: 62
May 15, 2019, 11:35:36 AM
I believe that this target price is a little bit impossible.
Even if we bring mass adoption the price is not going to go so high because there will be more demand so the price will go down.
If it ever happens it will be in many many many years from now. At this time is not feasible to reach this target.
legendary
Activity: 2058
Merit: 1015
May 14, 2019, 08:12:00 AM
Everyone are free to predict. Tbh before I don't believe that btc were going to reach $100k soon but with the previous ATH and the possible breaking of it after halving. I think it's possible to reach $100k but I disagree that it will happen in the next bull run. Too early for $100k. As of now, such price is likely a dream.
sr. member
Activity: 826
Merit: 265
May 14, 2019, 07:23:02 AM
Bitcoin the king of the crypto market is now in the longest bear market in bitcoin history. Many people now believe that Bitcoin will never able to reach its all-time high ($20.000).
On the other hand, many traders and analysts predicate that Bitcoin will surpass the $100,000 milestone in the net bull run.
Please share your views what are the key factors of the next bull run and will fuel the price above $100,000.

I am a believer of Bitcoin and believes that in the next 5 years Bitcoin will be accepted by most of the big firms.
What do you wanna hear?the truth so the speculative?look crypto currencies are volatile and decentralized (aside from ripple who has been marked as Centralized cryptocurrency) so the truth is we can never tell mate .but what I am sure off is we can expect good growth from bitcoin and all or the legitimate cryptocurrency in future
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