Topic: Will bitcoin reach $100,000 in two years? Bitcoin statistics and predictions - page 8. (Read 1323 times)

you have a good argument but we will need a lot of fresh money coming into the crypto world and for that much fresh money to enter the crypto world we need regulations that are more beneficial for bitcoin, institutional investors will feel safer when they see regulations that are beneficial for bitcoin. Banks need to be friendlier about bitcoin


Last year we did not have very strict regulations, everything was very easy

I think this is possible if more and more people are interested in cryptocurrency, coupled with the decreasing amount of coins generated each year, it will become more valuable

It wont be easy as you have just said, the number of circulating supply is not the only one which can make any coin's price getting higher and higher. Supply and demand on the market should be the main factors for the price, no matter it will raise or it will down. Low circulating supply but if there is no significant number of demand then the price wont change a lot. In my opinion it wont reach $100k in two years or even more years.

In my opinion the price of Bitcoin will reach $100,000 in less than 2 years, one of the reason is because according to research total circulating supply of Bitcoin decreased because many holder loss their wallet private key and they can not access the wallet forever and can not sell it.  With lower circulating supply and low cap so the price of Bitcoin will be easy to going up to $100k.

To reach that price Bitcoin should be going up to more than 15 times, and this is will be possible in 2 years. Even possible in 1 years, we can see last year the price of Bitcoin been going up about more than 15 times in 1 years. With low supply  and strong  crypto community, that target price will be very possible.

Well that is tasty to read and sweet to ears but the speculations have been flop so far and in my opinion one can never make a precise estimation. No doubt the technology will have advanced by 2020 but what if we had the same type of market condition again? So again we slide down to the tunnel of uncertainty but the profit in the business is another factor that makes you jump out of the tunnels and one cannot argue to invest and maximize the future profit.

I think the price of bitcoin is unpredictable. It depends on many factors such as:
- Bitcoin speculation can bring huge profits because folk often have the phrase "high doses". The risk of this currency makes it attractive to speculators. As a commodity, the value of Bitcoin is determined based on supply and demand. However, since all transactions are made based on the computer system as well as the newly excavated Bitcoin is determined by the system, this currency is extremely sensitive to fluctuations in supply and demand, which is secondary. It's a lot of speculation. When they "gather", demand will increase and vice versa, when they "discharge goods" makes the supply increase. As a result, speculation becomes the most powerful factor influencing the value of Bitcoin.
- At the same time, Bitcoin value is also affected by the mining process. Due to its high value, it makes people invest money in expensive and modern computer systems to dig. But this factor is diminishing its influence because the initial capital will be huge while not many people have enough financial resources to take risks that the virtual currency brings. In addition, the report identifies a number of other factors that affect the value of Bitcoin: the use of Bitcoin in the payment, the supply and the price of real money in the event it is Valuing low or higher than real value.

Aside from an initial peak based on speculation, we don't know how much impact an ETF will have on the market, especially because of how we don't even know which of the many proposals will be accepted, if ever.

If it's an ETF purely meant to track the price without anything else to back it up, there will be no long term impact. The only way that an ETF might have some degree of impact is to have it be backed by Bitcoin itself.

Vaneck's ETF proposal is quite a flexible. It allows a continuous purchase of Bitcoin in case the demand is strong enough. Only time will tell what's going to happen, but don't expect anything to be approved in the coming years.

Well I believe that bitcoin will reach a 100k price in right time so time will only can tell when bitcoin will hit the highest price of all time. Sometimes we need to experience a downtime to have time to grab the opportunity to buy bitcoin in a affordable price.

Its funny because people do have these predictions. In my opinion, it is possible but perhaps unlikely without some form of regulation because it would be this giving access to almost everyone.

How was the values of 2019 and 2020 determined? This is the crypto market. We can not predict accurately what is going to happen based on past event or price rise and fall. The charts might deviate anytime since crypto currencies don't actually need any kind of special reason to change its price. But all we know is that in the long run the price of bitcoin will increase.

who had the opportunity to buy in 2009 and hold until today, should have reason to spend a good vacation in bahamas



Is a very beautiful place, who knows someday I will know this beautiful place, back to the topic


We can not compare this year and the next years with the years before this year, because in previous years governments ignored bitcoin, but today everything has changed.

" Will bitcoin reach $100,000 in two years? "

will not reach $100,000 in two years. is a very high price

From mathematical point of view maybe using arithmetic or geometric projection bitcoin reaching $100K is not feasible in two years time even Tom Lee prediction isn't up to that value and achieving  such a price bitcoin will need to cross and overcome many huddles in form of regulations and bans etc.

If we really tend to do some mathematical analysis then we would really end up into those computations but most people do know that these cases wont really repeat for sure. We might say adoption do increased but the confidence comparing on previous years are already gone for us to move up prices into those kind of manner.This time we will able to see price increase on gradual basis not just like on being a bubble which I do much prefer and also 100k usd is way too much to speculate.

Not a logic thing but can be happen, in crypto what can't happened if whales want to  from a little amount of rate can become more than $20k USD only in few years, even now it is down again.

This price prediction was possible on past years but future possibilities of crypto is a unpredictable so this wil reach 100k in 2029 or 20k USD also possible on 2020.
I don't recommend this prediction because too many raise and fall are possible on coming days so keep support and believe the Bitcoin potential is a right decision for me.

$100K in 2 years? Damn, we need to get loadshit of bitcoin now and let's wait in 2 years so see if we became crypto millionaires. LMAO.

It doesn't work that way though, will all the clampdown from government around the world I don't see bitcoin even getting to $50K in two years. And its really hard to predict its future price based on its past performance. No amount of TA could say where the price could go because most of the time, TA doesn't works in this market wherein a simply news will make a lot of investors panic and push the sell button.

Not thinking that way myself. Two years is such a close time for that to happen and there are no major driving force at the moment. Although, there are adoption and usage stories but I don't think it is enough to force the price to such extent in two years.

The ETF would have been one probable force.

We are not really sure from the bitcoin statistics and the predictions of the others. There is no assurance that bitcoin will hit and reach that remarkable price of bitcoin. But for me in two years there's a lot of chance to make this things possible.

You are right here. No Matter the crypto is not going good for last few months and it may end this year in the bearish trend, but in the long run the future of bitcoin and digital currency is very bright and one may feel that bitcoin will surely touch $100,000 with 3 to 5 years. It can happen a lot earlier as well but i am talking here about the maximum time it may take.