will the btc price reach 100k ? - page 8.

CryptoBuds

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Quote from: kotajikikox on January 08, 2024, 03:30:50 AM

Quote from: gunhell16 on January 06, 2024, 01:47:41 PM

In times like this, there are many expectations for the SEC's approval of the Bitcoin spot. But of course this is still speculation; it just appears that the majority will happen, but the future is still unpredictable because no one knows what will happen in the future.

ETF has been the way of people to manipulate the market as pushing its approval will result to high increase in price but look how many times this has been denied?
I don't think SEC will just approve this like that because if they do it has been proven years back.

Quote

Now, in my personal opinion, I see there are major factors that make it mandatory for the SEC to actually approve the applications of those who sued them—not all, but they still have some that need to be smuggled into the ETF. I'm just not really sure who those will be approved for, even though Blackrock is becoming popular, but of course we still don't know.

that is the last part that matters here , we still don't know what will happen and we are all here just to speculate.
SEC ,ETF still we are the main reason why the market will grow as of our investment and trust.

It's true that no one knows what will happen in the future, but you also need to know that things are very different from previous years. Bitcoin is gradually being accepted, receiving more attention from institutions and countries, it is becoming more popular than ever…so I believe that this ETF will be approved, unlike the previous times.
If you are interested in ETFs, you may have seen that there has been some positive news that the ETF will be approved and in just over a day we will know the final official results. Let's wait and see what happens in the coming days.

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Quote from: Coyster on January 09, 2024, 02:35:35 AM

That's the part people don't want to talk about, we cannot forget not your keys; not your coins now that it concerns a pump in the price of Bitcoin, but i guess it is what it is. Another thing is that we are only predicting/speculating how the market will move when (if) Bitcoin spot ETF is approved in the United States, we do not know exactly what will happen and if the influence would be so significant, whatever happens, i just hope Bitcoiners do no forget the true nature of the network whilst they are chasing ROI.

Luckily, no matter what happens, we can always trade P2P face to face, or using tools like Bisq. I mean, it won't matter if a CEX doesn't accept my BTC, I don't care, I will find someone who wants it and I will choose the way I want to get paid.

In fact there is no reason to use a CEX, nor a bank. Of course, it is more difficult, I get it.

After all the efforts I have made to convince the people I know to take custody of their coins, I am now tired of trying and listening to their excuses that a CEX (I don't want to name one specifically) is better because they are used to using the banking system and they think it is the same. Let them sell their coins to the ETF providers, or the CEXs and I will keep buying and selling BTC as I think it is best.

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Quote from: apogio on January 05, 2024, 07:55:22 AM

But, don't forget that their plan is to allow Bitcoin purchases only through CEXs and ETFs, which is totally unethical and against the nature of Bitcoin.

That's the part people don't want to talk about, we cannot forget not your keys; not your coins now that it concerns a pump in the price of Bitcoin, but i guess it is what it is. Another thing is that we are only predicting/speculating how the market will move when (if) Bitcoin spot ETF is approved in the United States, we do not know exactly what will happen and if the influence would be so significant, whatever happens, i just hope Bitcoiners do no forget the true nature of the network whilst they are chasing ROI.

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Quote from: moneystery on January 05, 2024, 09:04:58 AM

more than that, bitcoin can reach 200k or even 1 million dollars, but the question is when this happens, it cannot possibly be achieved in a matter of a few months, definitely in a few years. and in this process bitcoin may experience ups and downs which make many people lose money, maybe you or i will experience it. so if you dream of getting there, what you need is how persistent you are in holding your bitcoin and how you can invest consistently to be able to make a profit when the bitcoin price reaches that point.

For $200k, maybe after a few years. But, more than that can take more years too or even a decade. BTC is volatile so ups and downs are already there even now or before. We can lose money on it but mostly temporarily because we already know how to HODL. It is still possible to profit in BTC even without waiting for those numbers.

Like for example if you buy now, you can be able to profit when BTC rise more than that, or let say if it reaches 50 to $60k. Long-term investing is hard, so we shouldn't push our selves on it if we think we can't. OP asks if BTC price will reach $100k. I'd say yes. A lot of us are certain about it and we think it will occur this year.

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Quote from: gunhell16 on January 06, 2024, 01:47:41 PM

In times like this, there are many expectations for the SEC's approval of the Bitcoin spot. But of course this is still speculation; it just appears that the majority will happen, but the future is still unpredictable because no one knows what will happen in the future.

ETF has been the way of people to manipulate the market as pushing its approval will result to high increase in price but look how many times this has been denied?
I don't think SEC will just approve this like that because if they do it has been proven years back.

Quote

Now, in my personal opinion, I see there are major factors that make it mandatory for the SEC to actually approve the applications of those who sued them—not all, but they still have some that need to be smuggled into the ETF. I'm just not really sure who those will be approved for, even though Blackrock is becoming popular, but of course we still don't know.

that is the last part that matters here , we still don't know what will happen and we are all here just to speculate.
SEC ,ETF still we are the main reason why the market will grow as of our investment and trust.

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Quote from: Wexnident on January 06, 2024, 09:19:28 AM

we've already reached 60k, I don't think it's that out of reach. I guess a final answer can be ultimately reached after a year or so? it's the period when I predict the effect of halving will take effect, which is the period where Bitcoin has shown massive growth in its past decade. Not to mention that the current price we already have is almost half of said 100k, so just from that there's enough of a chance to bet on it imo. As for when, well, that's a whole nother thing imo.

And I'd like to think that there's still a lot of people who don't know about Bitcoin and once they show positive interest, you can probably expect demand to increase, albeit slowly.

I do agree that it would make sense in that situation, but that doesn't mean that we are going to end up with a solution that would be better for us, not like we are going to come up with what's the bottom and what's the top, not exact numbers at all. I believe that we will go up, but I can't say how much, will we be topping 50k and stay there and not go beyond 60k? Maybe, I am not entirely sure. Will we go above 100k and make a ton of money, even reach 150k? Maybe, I do not know that either.

So as you can see, exact numbers are not known, I have just one belief, which is the fact that I believe we are going to go up, and that alone is enough for me to hold, and as long as it doesn't crash too badly (could have some small corrections) I am not going to feel like I was wrong.

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Quote from: Ravichnadra on January 04, 2024, 06:40:32 AM

...

While it might seem implausible in the near term considering current market conditions, forecasting over a longer period, like 10 years, opens up possibilities for significant changes in the cryptocurrency landscape.

What do you guys think?

the price of bitcoin will not increase if there is no positive sentiment in the market, more and more people will definitely realize that bitcoin is the best asset for long-term investment, this is what will definitely underlie the price of bitcoin to continue to increase as time goes by, I think Bitcoin reaches $100k in less than ten years.

Quote from: apogio on January 04, 2024, 08:42:10 AM

I am terrible at speculations, but in my opinion the $100k per Bitcoin is not far away. If bitcoin succeeds in becoming the largest value-storage asset, then we can expect it to be around 10 trillion dollars which will essentially mean that 1 BTC will be equal to approximately $470k. To me, this is a more realistic target for bitcoin. But of course, nothing is guarranteed. All I am saying is, the $100k point is significant, but it is not far away, in my opinion.

agree with your opinion that bitcoin reaching $100k will definitely not be far away, people are increasingly realizing that they have to keep their money in assets that are trusted and immune to inflation and bitcoin is a very good choice, adoption of bitcoin will not stop.

gunhell16

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In times like this, there are many expectations for the SEC's approval of the Bitcoin spot. But of course this is still speculation; it just appears that the majority will happen, but the future is still unpredictable because no one knows what will happen in the future.

Now, in my personal opinion, I see there are major factors that make it mandatory for the SEC to actually approve the applications of those who sued them—not all, but they still have some that need to be smuggled into the ETF. I'm just not really sure who those will be approved for, even though Blackrock is becoming popular, but of course we still don't know.

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When someone asks me this question I always say yes. If you asked about 1 million, I'd also say yes. I'm 99% sure that bitcoin will reach both these numbers, but what I don't know is in what year.
It could go to $100k this year, or next year, or maybe in 2026, but it's going to happen one day. The math for this is simple.
USD is losing value all the time. It's not scarce. It can be made out of nothing and in fact the US government is printing dollars every year and diluting the supply. Every scarce asset like oil, gold, silver, even copper will grow in value against fiat currencies and bitcoin will too. I can't tell you if you'll make money holding bitcoin for a month, but the longer you hold the more certain of the outcome you can be.

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Quote from: Ravichnadra on January 04, 2024, 06:40:32 AM

Well Hello everyone ~

It's quite a topic to predict or post on the benefit of doubt.

Predicting the exact future price of cryptocurrencies like Bitcoin is incredibly challenging due to their volatility and the multitude of factors influencing their value. Making short-term predictions in the current market can indeed be quite uncertain.

However, Bitcoin has shown significant growth over the years, and some analysts and enthusiasts believe it could potentially reach $100,000 or even higher in the future. Market trends, adoption by institutions, regulatory changes, technological advancements, and overall market sentiment can all play a role in its price movement.

While it might seem implausible in the near term considering current market conditions, forecasting over a longer period, like 10 years, opens up possibilities for significant changes in the cryptocurrency landscape.

What do you guys think?

Hello, such a price is of course possible, but it is very difficult to predict.
I think that the future halving will raise the price, but the conflict in Asia could also provoke a fall, the latest news is not very good, but I hope a solution will be found in the near future. If we take it in general, then users with each The harvest is getting bigger and the adoption of the same legislative level in many countries is already showing better dynamics.
But we should not forget that where the state is, there will be control over the asset.

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Quote from: Ravichnadra on January 04, 2024, 06:40:32 AM

However, Bitcoin has shown significant growth over the years, and some analysts and enthusiasts believe it could potentially reach $100,000 or even higher in the future. Market trends, adoption by institutions, regulatory changes, technological advancements, and overall market sentiment can all play a role in its price movement.

I don't think there's anything stopping the price of Bitcoin from reaching $100,000 in the bull market. The previous all time high wasn't too far from $100,000. When Bitcoin pass the previous all time high it'll be closed to $100,000 already and the hype and fomo will make traders to push the price to reach $100,000. In my opinion if Bitcoin doesn't reach $100,000 we haven't had a bull market yet.

After this price that's when more individual will fomo into the market. $100,000 isn't too far as many individual are thinking, the price is very close than far. After Bitcoin halving, the price of Bitcoin is going to rise as it has done before after other halving. Bitcoin is trading upwards as the price is trading more than $40,000 and before the year ends we would see bitcoin trading very high and close to $100,000.

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Quote from: Ravichnadra on January 04, 2024, 06:40:32 AM

~

Hmm, we've already reached 60k, I don't think it's that out of reach. I guess a final answer can be ultimately reached after a year or so? it's the period when I predict the effect of halving will take effect, which is the period where Bitcoin has shown massive growth in its past decade. Not to mention that the current price we already have is almost half of said 100k, so just from that there's enough of a chance to bet on it imo. As for when, well, that's a whole nother thing imo.

And I'd like to think that there's still a lot of people who don't know about Bitcoin and once they show positive interest, you can probably expect demand to increase, albeit slowly.

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Quote from: justdimin on January 06, 2024, 06:29:33 AM

Quote from: Ravichnadra on January 04, 2024, 06:40:32 AM

Predicting the exact future price of cryptocurrencies like Bitcoin is incredibly challenging due to their volatility and the multitude of factors influencing their value. Making short-term predictions in the current market can indeed be quite uncertain.

However, Bitcoin has shown significant growth over the years, and some analysts and enthusiasts believe it could potentially reach $100,000 or even higher in the future. Market trends, adoption by institutions, regulatory changes, technological advancements, and overall market sentiment can all play a role in its price movement.

While it might seem implausible in the near term considering current market conditions, forecasting over a longer period, like 10 years, opens up possibilities for significant changes in the cryptocurrency landscape.

This has been talked about a lot. I still believe that it will, and that's what I have been investing based on, I mean doesn't mean I have to be right, I could very well be wrong as well and that's nothing too bad, we just need to realize that sometimes things do not go as well as according to your plan. I understand that we are going to end up with 100k probably this year, if not next year at least.

I believe that it will make it quite profitable to keep holding it, and I think that's the most important thing. I believe that we are going to end up with something that should be important to handle, and most of the time that means that we are going to end up with something that should be quite profitable one way or another.

$100k isnt really that too far which we are just almost 2x far from here on which we know that we could really be able to reach out that point and it is really just that majority of people is really just that
waiting for ETF approval on which we are aware that it does have that multiple applications which are bound neither to get approved or would really be that rejected.
This is why it would really be that best that you should really know on how to secure your position first because we do know that we are still not on halving season yet on which we do know
that it isnt really that something that we could really be able to know on when that bull run would kick in but pretty much sure that it would be happening after the halving and
on that several months later.

Its not really that bad on being that optimistic as long you do make yourself being wary about the possible scenarios that could happen along the way.
We do know that market is unpredictable and market is really that too random on which there's no way on telling on what would be the next move
and this is why people would be always that skeptical on things.

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Anything and everything is possible mate. No one expected Bitcoins to touch 1k usd during 2010-11. But it has not astonished everyone by touching 69k usd in few years. So yes the price is really not very predictable. You need to show trust on the coin and keep on investing it for long term. You need to make your basics clear that Bitcoins are limited in number and the demand to accumulating it is increasing day by day among the people. Hence in order to maintain the demand the price will go up. So invest accordingly.

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Quote from: rodskee on January 06, 2024, 07:05:38 AM

While we are talking about future then it is indeed that Bitcoin will take the said amount of 6 digits ,
100k is just not far from happening and there are even others that says bitcoin will even reach more than that.
but the timing and the plan from us is the best to be ready on this ,buy when you have chance , accumulate
how much you can afford even for the next whole year.

It is not impossible for Bitcoin to happen, but considering that the amount of $100K is quite a high amount, of course the main thing needed is time to see the answer. Due to the increase in price towards $100K there will definitely be fluctuations such as corrections so the time to reach it will not be very short, especially now that the price of Bitcoin is not yet half that figure even though it is quite close to $50K. So it's all about timing and market conditions to see the reality of $100K in Bitcoin.

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Quote from: Ravichnadra on January 04, 2024, 06:40:32 AM

Well Hello everyone ~

It's quite a topic to predict or post on the benefit of doubt.

Predicting the exact future price of cryptocurrencies like Bitcoin is incredibly challenging due to their volatility and the multitude of factors influencing their value. Making short-term predictions in the current market can indeed be quite uncertain.

However, Bitcoin has shown significant growth over the years, and some analysts and enthusiasts believe it could potentially reach $100,000 or even higher in the future. Market trends, adoption by institutions, regulatory changes, technological advancements, and overall market sentiment can all play a role in its price movement.

While it might seem implausible in the near term considering current market conditions, forecasting over a longer period, like 10 years, opens up possibilities for significant changes in the cryptocurrency landscape.

What do you guys think?

While we are talking about future then it is indeed that Bitcoin will take the said amount of 6 digits ,
100k is just not far from happening and there are even others that says bitcoin will even reach more than that.
but the timing and the plan from us is the best to be ready on this ,buy when you have chance , accumulate
how much you can afford even for the next whole year.

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Quote from: Ravichnadra on January 04, 2024, 06:40:32 AM

Predicting the exact future price of cryptocurrencies like Bitcoin is incredibly challenging due to their volatility and the multitude of factors influencing their value. Making short-term predictions in the current market can indeed be quite uncertain.

However, Bitcoin has shown significant growth over the years, and some analysts and enthusiasts believe it could potentially reach $100,000 or even higher in the future. Market trends, adoption by institutions, regulatory changes, technological advancements, and overall market sentiment can all play a role in its price movement.

While it might seem implausible in the near term considering current market conditions, forecasting over a longer period, like 10 years, opens up possibilities for significant changes in the cryptocurrency landscape.

This has been talked about a lot. I still believe that it will, and that's what I have been investing based on, I mean doesn't mean I have to be right, I could very well be wrong as well and that's nothing too bad, we just need to realize that sometimes things do not go as well as according to your plan. I understand that we are going to end up with 100k probably this year, if not next year at least.

I believe that it will make it quite profitable to keep holding it, and I think that's the most important thing. I believe that we are going to end up with something that should be important to handle, and most of the time that means that we are going to end up with something that should be quite profitable one way or another.

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Yes Laura.

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Quote from: FinneysTrueVision on January 06, 2024, 01:32:22 AM

Bitcoin went up around 160% in the past year. If we see an increase like that this year then it will surely surpass $100,000. A lot of longer term holders will be looking to sell the higher it goes up so I wouldn't count on it reaching that price anytime soon but it is very plausible that it will hit $100k in the 4 years prior to the 2028 halving. As long as there continues to be the level of demand we are seeing for Bitcoin, it is natural to expect to see a price surge due to the decreasing block reward making it harder for people to acquire it in large sums.

The surge in bitcoin prices is a form of our gratitude to the manager, because some experts who have been involved in this performance for a long time, some have never sold at all.
According to their thoughts, they had predicted the price spike 4 years earlier today. They will always follow world developments regarding Bitcoin. Most likely, if the price has increased like now, they will become a famous expert.

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Bitcoin went up around 160% in the past year. If we see an increase like that this year then it will surely surpass $100,000. A lot of longer term holders will be looking to sell the higher it goes up so I wouldn't count on it reaching that price anytime soon but it is very plausible that it will hit $100k in the 4 years prior to the 2028 halving. As long as there continues to be the level of demand we are seeing for Bitcoin, it is natural to expect to see a price surge due to the decreasing block reward making it harder for people to acquire it in large sums.

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