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Author Topic: Will the price of Bitcoin reach more than $100,000?  (Read 10273 times)

Offline Hugo Barbosa

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Will the price of Bitcoin reach more than $100,000?
« on: June 09, 2020, 10:33:21 AM »

Many analysts believe that in the future, the price of Bitcoin will reach $100,000 or even higher.






Many experts and analysts have made such predictions, including Lucian, Chief Analyst of BitOffer,  Plan B which supporting the stock liquidity model (S2F), financial analyst Peter Brandt, popular cryptocurrency trader Theta Seek, Blockfyre co-founder Simon Dedic, and Mark Yusko, CEO of Morgan.

Mark Yusko, said that Bitcoin may easily reach $100,000 in 2021 or 2022, and may even reach $400,000 to 500,000.

This month, Dedic predicted on Twitter that the price of Bitcoin will reach 150,000 US dollars, and he also predicted the prices of some other cryptocurrencies, namely: Ethereum (US$9000), LINK (US$200), and Binance Coin ( $500), VET ($1) and Tezos ($200).

Seek also expressed his prediction on Twitter. He believes that if there is a daily investment of 90 million US dollars, then the price of Bitcoin may reach 100,000 US dollars. Seek went on to explain that assuming 10 million people around the world buy Bitcoin regularly. To maintain this price level, it costs only $9 per person per day.

In a previous interview, Mark Yusko, CEO of capital management giant Morgan Creek, stated that Bitcoin may easily reach $100,000 in 2021 or 2022, and may even reach $400,000 to 500,000.

From his point of view, if considered bitcoin equivalent to gold, it means that the market value of bitcoin is equal to the market value of gold. Which is completely logical. People can easily see bitcoin at a certain point in time. The price is between 400,000 and 500,000 dollars.

Crypto analyst Peter Brandt recently tweeted that bitcoin after being halved was seriously overvalued, but he still believes that bitcoin has a chance to reach $100000. In 2019, Brandt mentioned that Bitcoin will reach $100,000, but there will be a downward before this.

Crypto analyst Plan B also predicted in the updated model that the price of Bitcoin may reach $288,000 in five years. He believes that Bitcoin is currently entering a new bull market cycle.

According to comparison data, as of press time, the price of the most valuable cryptocurrency, Bitcoin, was $9716, a 2.5% increase over the past 24 hours.

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Will the price of Bitcoin reach more than $100,000?
« on: June 09, 2020, 10:33:21 AM »

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Offline trauchot

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Re: Will the price of Bitcoin reach more than $100,000?
« Reply #1 on: June 09, 2020, 12:57:46 PM »
In the future, of course, everything is possible, because we have already seen when Bitcoin reached the price of 20k$ and I am sure that once the mark of 100k$ will also be overcome, but I do not think that it will be in the coming years.
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Offline Altcoin1998$

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Re: Will the price of Bitcoin reach more than $100,000?
« Reply #2 on: June 09, 2020, 06:15:53 PM »
I read your whole article carefully but i don't believe the important comments bitcoin will reach $100000 in 2021 even 2022... Its a null and bull story. Many experts don't know nothing about the predictions of prices. They talking as the become a mad.
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Re: Will the price of Bitcoin reach more than $100,000?
« Reply #3 on: June 09, 2020, 09:01:28 PM »
~ i don't believe the important comments bitcoin will reach $100000 in 2021 even 2022.
You are right. It seems like free speaking with no strong reason. I think they don't deserve to call analysts with that statement. $100,000 isn't impossible but too speculative for me. Why don't we talk about the possible rate to achieve around $15K or $20K.
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Offline Hugo Barbosa

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Re: Will the price of Bitcoin reach more than $100,000?
« Reply #4 on: June 10, 2020, 08:55:39 AM »
Yes, I do believe Bitcoin might reach a high level in the future. But I think Bitcoin will not become $100,000 in the nearly year, not that soon.

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Re: Will the price of Bitcoin reach more than $100,000?
« Reply #5 on: June 11, 2020, 12:40:11 AM »
The price of Bitcoin is growing gradually, yes it should be higher in the future. But how much it is in the future? I think no one knows for sure? Even Satoshi, maybe he has no idea to answer it as The Bitcoin price must depend on the market demand. But if we look at more adoption and positive news related to Bitcoin, indeed Bitcoin can return to $20,000 again. This rate is reasonable to achieve I think, but to reach $100,000 seems too exaggerating.

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Re: Will the price of Bitcoin reach more than $100,000?
« Reply #6 on: June 11, 2020, 03:57:50 AM »
In 2009, 2010, when bitcoin's price was only a few cents, I think people didn't think one day it would reach USD 19k. That's the same situation now. USD 100k is ten times higher than now and it doesn't sound impossible. However my target is lower, USD 50k. If this target reached, I would sell most of my bitcoin.

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Re: Will the price of Bitcoin reach more than $100,000?
« Reply #6 on: June 11, 2020, 03:57:50 AM »


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Re: Will the price of Bitcoin reach more than $100,000?
« Reply #7 on: June 11, 2020, 09:46:59 PM »
Actually no one can predict the price of Bitcoin with certainty, because the price of Bitcoin is very volatile.  In 2010, 10,000 BTC could only be made to buy Pizza, but now 10,000 can buy airplanes.  And the prediction of a Bitcoin price of up to $ 100,000 may sound impossible, but it can happen with Bitcoin.

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Re: Will the price of Bitcoin reach more than $100,000?
« Reply #8 on: June 13, 2020, 02:02:06 PM »
Bitcoin has a lot of potential bitcoin has touched the $20,000 mark, in the coming years it may even touch the $100K level.

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Re: Will the price of Bitcoin reach more than $100,000?
« Reply #9 on: June 13, 2020, 02:10:21 PM »
Everything is possible in cryptomarket so definitely bitcoin reach more than $100000 but this is not possible immediately bitcoin will take more time to reach that target but one day that is possible so I'm expecting $15k -20k in this year.

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Re: Will the price of Bitcoin reach more than $100,000?
« Reply #10 on: June 13, 2020, 04:34:32 PM »
I'm not convince that BTC will touch the $100k, it's just too much given a date would be impossible to achieve however it has possibility. I'm not really sure into specific but anything will happen throught the years so maybe it would come.
I'm not seeing it soon, but before we talk about a $100k let's focus it first on how to break the highest price ever recorded and after that let's put this discussion back on the table.
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Re: Will the price of Bitcoin reach more than $100,000?
« Reply #11 on: June 13, 2020, 04:55:49 PM »
well bitcoin can reach that high price but the transaction fee will be too high for sure and I think maybe the price of bitcoin will turn down suddenly because people will turn off using bitcoin because of the fee.

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Re: Will the price of Bitcoin reach more than $100,000?
« Reply #12 on: June 13, 2020, 06:53:37 PM »
Bitcoin has a lot of potential bitcoin has touched the $20,000 mark, in the coming years it may even touch the $100K level.
It is hardly worth considering that Bitcoin can reach a price of one hundred thousand dollars, because once it has risen sharply in price to $ 20,000. We remember that the price of bitcoin after such a record fell to $ 6,000 and the cryptocurrency market was in decline for several years.
Now the question is: will you buy bitcoin if it rises in price, say, up to $ 40,000? Or will you still be afraid that in a few days you will again see the price of bitcoin at $ 10,000 and you will not risk it? After all, those who bought Bitcoin in December 2017 are still in a big loss.
Everyone will have such a doubt: how many are there who will risk significant amounts of money and will continue to catch up with the demand and price of bitcoin?

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Re: Will the price of Bitcoin reach more than $100,000?
« Reply #13 on: June 14, 2020, 11:15:49 PM »
In my opinion, we are able to expect and hope so much on BTC, but to expect that the price of BTC can reach more than $100,000?, it is actually really hard moreover if we are talking for two years later. in this case, the price of BTC only will rise up step by step, To hit around $15k is good enough for this and next year.
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Offline debra

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Re: Will the price of Bitcoin reach more than $100,000?
« Reply #14 on: June 15, 2020, 11:20:44 PM »
I think it doesn't make sense to expect the Bitcoin price about $100,000. It should be a theory only stated by someone or a group of people. In my view, the price of Bitcoin just to rise up around $15K or $20K. Those are the very potential price to be.
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