Topic: Will Bitcoin Reach $120,000 Billionaire Says YES! (Read 428 times)

More than time what it's going to take is a lot of money, after all not all people have adopted bitcoin just yet but we're in the process of getting there and if we can get those people on bitcoin in just a few years then that price could be reached in that time frame, but if we do not get those people then it may take forever to reach that price.

I think it's still long way and journey if bitcoin can reach $ 120,000. But in the future I sure bitcoin can reach that amount.
Billionaire will be party at all. And can't wait to see that amount came true

Because he's a shiller so that means I can also predict that it could go $500k if I just believe.

Yeah, I think like that too. It will reach 120,000 USD or even more, but not in near future. But I afraid that this man, who told to people that will cut his penis is not right

A lot of people think that bitcoin is able to reach that value and i belive it to but we are talking about a big price guys , i know bitcoin is capable of a lot of thinks but to reach that value.. its gonna take a lot of time . But like i said , i belive in bitcoin and i hope its gonna reach this value eventually  . Bitcoin could reach  a really big value this year , maybe its gonna reach 30k at the end of this year and if that its gonna happen then after a few years bitcoin should reach 120k $ .

You're saying even a lower amount rather than that billionaire who speaks $120,000 /bitcoin.
As I type this the "market share" you are talking is decreasing for bitcoin that results the price to decrease.
It's not increasing day by day or if it does, there's an opposite reaction after that increase.

When you hold the coins you inflate the bubble. This bubble is bound to burst. Any currency must have a constant turnover. In this case, it creates additional value and increases its capitalization. Why do you need a dead asset that is in your wallet? I want bitcoin to be accepted in every store and everyone can easily earn this currency.

It is never that easy after all if it was then everyone should have switched from their outdated gold and fiat and adopted bitcoin immediately don't you think? And yet the adoption of bitcoin has never been that big, currencies are not displaced as often as other technologies so even if what you say is true, and I personally do not agree with it, bitcoin is not going to be surpassed for a long time.

How about you? I personally believe it, and even longer we will see bitcoin back at $ 19,000.
Currently market share is starting to increase day by day, everything went smoothly after the accident. Well, save now and sell later when the price reaches more than $ 19,000.

Bitcoin getting to $120,000 is a must and this may happen before  $2022. We have a wonderful price push in 2017 and if this can be repeated in any of the year we would have a wonderful prices' movement that may push bitcoin over $120,000. However a lot of adoption need to be do and we need to keep informing and educate people of what bitcoin stand for and what are the benefits of buying it now and what will be your worth in future. I have seeing a good signals that very soon bitcoin is going to resume it upward trend.

Yes it would happen, but it takes a long time or maybe we will not feel it for too long. To those who ask and give a statement on bitcoin prices will be high in the future, I will ask. What have you done and contributed to the bitcoin price? Me myself rise or not bitcoin prices I will still get earning from bitcoin, which I do in bitcoin not only long-term investments, my short-term investments and most importantly trading has given me a lot of income even though bitcoin prices are down.

Yes definitely, roughly in 5-10 years.

But it also depends on us.
If we HODL for long-term ( years , not months ), Bitcoin price will go up even faster*

So let's spread the word about the HODL trading style .
If many people are HODLers, we can accelerate the BTC raise to $100k

*One of the reasons is: if nobody wants to sell it, the buyers are going to raise their offer more and more

yes, it will happen and unfortunately no one knows when. but, I am confused by this thread, very optimistic as it will happen in the near future.
he should not assume something that has not happened before it actually happens.
 calm down all this just waiting for the time only.

$ 120,000 is just a prediction, although nobody can predict when exactly the rise and fall of bitcoin. but it could happen when it is time, we would all expect it can happen even though it takes a long time to feel the value we expect.

Always say yes guys as it will really come if we will just believe in the power of bitcoin, if millions or rather billions will just stay here, focus and will hold what we have it is possible that kind of prediction will happen this year, if that so we have to set our own goals what are we going to with that money.

Now it seems unrealistic. But maybe when bitcoin will cost 120,000 dollars it will be small money. No one knows what the real value of the dollar is. The US government is in the manual mode regulates the cost. If the US economy drops then the dollar could easily lose value. Therefore, I never focus on the dollar price. I am interested in how much I can buy goods for 1 bitcoin.

Assumptions is not a guarantee that those people really do lost confidence in bitcoin or maybe it was just you. Don’t make those broad word without giving some proof or just a plain opinion. I don’t see or heard anyone who are complaining other than the newbies in bitcoin and that’s not counted for me as a legitimate when comes to cryptocurrency investors.

I think either this guy is insane, or the world's population is insane.

I mean... Why would we invest more in Bitcoin, whilst each of us knows there are far better cryptocurrencies. There are many coins which are cheaper, faster, more anonymous, are less dominated by Chinese ASIC-farms, etc...
BTC was a nice demonstration of what blockchain technology could do, but it's outdated. It has been 7 years since it first saw the daylight and I feel like we should drop it now. All of its current value isn't based on its functionality, it's based on price speculation.

And what does that mean? Well... Exactly what it sounds like: Bitcoin is in a bubble!

So let's say Bitcoin really reaches $120,000... That would mean there would be TONS of people apparently growing rich, but it's going down the drain after.
It could take a couple more months, maybe a couple more years... Maybe even decades, but it's going down just as hard as it initially went up. Sadly, that means just as many people will lose money on it, as there were who gained money on it.

I have nothing against Bitcoin or its creator, as it was revolutionary for its time. However, longbows were also revolutionary for their time, yet we don't use them anymore either, do we? It's time we switch to an other cryptocurrency.

LOL! you like to believe something, IMO this price is too high and not easy to achieve it, look at the current situation is still full of question marks and maybe there is a little surprise this.
I do not know when it will happen and obviously we need a very good performance to achieve it.

It will happen but it is not going to be that soon, the lost of confidence is not really relevant, it is not like bitcoin got exposed and a huge security flaw was found, everything is the same if the market crashed was because of the people themselves not because of bitcoin, people just invested their money without thinking, they were investing in an overpriced asset.

No can't see this happening.  People lost confidence in the last crash. 

Will we are all so happy for sure if that would happen no one realy know in the future. All i can see is as long that bitcoin help me us in our daily life i still love bitcoin i will be happy even bitcoin will stay at 10,000$ atleast we earn it everyday.

Today, many want to tell stories about Bitcoin, because if even today to buy Bitcoin and make a stir around it, which will affect the high rating of Bitcoin, then after a high jump, it will be possible to sell boldly to earn. Thus, billionaires are trying to do something like a scam.

If the market cap goes up then it will be followed by its current value but we have to wait for a little bit longer before this can be finally a good view in our portfolio's or any bitcoin price tracking apps.
Just don't click it, he's trying to promote that video for his own interest and just using bitcoin topic, discussion to gain views for profiting purposes.

On December 13th I would have said the same

Now ... not anymore.

It could reach that price easily but for that to happen a huge amount of the population will need to begin to use it as a currency and for that we need the LN to be operational and we do not know how long that is going to take and then we will need sometime for people to begin to truly adopt bitcoin so a price like that will not be possible at least in 5 years and maybe it will take a decade.

That is much more, for me the development of Bitcoin and also how to make bitcoin acceptable to all layers of society including the government becomes the most important thing. With the support of government then it can make the increasing of trust to use Bitcoin. Currently Bitcoin development is often hampered because there are problems on the government side, that is, some countries are banning the use of Bitcoin. It's a problem because it has dampened some investor confidence and disrupted their belief in Bitcoin's future. With the regulation and also permitted Bitcoin circulated by the government then Bitcoin will be stronger and growing.

Firstly I don't understand how will it reach to that high amount maybe if all the billionaires stared investing huge amount of their wealth and decide to hold it (which is highly unlikely to happen anytime soon). And why are you sharing a long boring video with unnecessary talks in it, just cut it to te point. Let us know WHY IS IT THAT YOU THINK OR WHAT FORCED YOU TO THINK BITCOIN WILL RISE THAT HIGH and then the answers will follow.

Too many speculation are coming out. I think this value is too high. There are so many hindrances on the way of bitcoin that can affect its value. But lets wait and see if this will happen in the future.

I agree with you.

I think it absolutely will reach $120,000 and above but we’ll be waiting for a coupoe of years

Hopefully dude. Well i'm saying that only because at this point, it seems uncomfortable not just to a few, to buy in at 20k. It probably will take a long time before we can move on from the december-january fiasco that saw the price drop to more than 60%. But i agree. 120k may seem impossible for us at this point, but 20k seems impoaaible as well juat a year ago.

Looks like this guy is one of these guys that steal someone else's youtube videos and adds ads on them to get adsense ad revenue basically doing nothing. I would report his video but I can't be bothered. I guess Youtube has already given a strike to his channel and demonetized it.

Anyway, Doug has been wrong in the past, he said he sold right when the bull run to $20k started if im not mistaken, not a good call..

Will it reach $120,000? yes and more, but we can't know when. My guesstimate is that it will happen within the next decade. 2024 will be a pivotal point for BTC due the halving, buy by 2020 we should see a massive increase compared to current prices.

First question, did Doug Polk make this video for the channel you shared or is it just infringement? Secondly, no offence to Doug (he's a legend in poker) but I'm really not a fan of his crypto stuff. Finally, yes bitcoin can and probably will reach $120,000 at some point.

I think you make profit on ads 

 Will Bitcoin Reach $120,000 Billionaire Says YES!

https://www.youtube.com/watch?v=6O2rZLKxbXM

What do you think?