Bitcoin reach to $100K ?

[Rubel007]

I would like to suggest if would you mind site the link here or just quote what he tweeted.
Anyway, regarding bitcoin can reach $100K, it is possible as the years passed by bitcoin value increases not declining back to $1.

This is not madness because after two or three years later Bitcoin reach $100k it's possible .Bitcoin don't care who is the president of the United States of America . There is nothing impossible in the crypo market so it's very hard to say in single word Bitcoin reach $100k or not .

[Riya143]

I think $100k dollars is not possible in 2020. It may take a long time. The price of bitcoin will definitely go up but the situation in Corona is very bad at the moment in 2020 so I think it will have a huge impact on the economy. It will take time for the economy to get over this stage. The price of bitcoin is much lower at the moment. But I hope bitcoin will record more.

[Octoalts]

I think $100k dollars is not possible in 2020. It may take a long time. The price of bitcoin will definitely go up but the situation in Corona is very bad at the moment in 2020 so I think it will have a huge impact on the economy. It will take time for the economy to get over this stage. The price of bitcoin is much lower at the moment. But I hope bitcoin will record more.

I'm also not sure about this prediction, the Bitcoin price of $ 100,000 is very high to reach this year, now it is the last quarter of 2020 and the Bitcoin Price has no sign of going to the moon.

[ryap12]

I think $100k dollars is not possible in 2020. It may take a long time. The price of bitcoin will definitely go up but the situation in Corona is very bad at the moment in 2020 so I think it will have a huge impact on the economy. It will take time for the economy to get over this stage. The price of bitcoin is much lower at the moment. But I hope bitcoin will record more.

I'm also not sure about this prediction, the Bitcoin price of $ 100,000 is very high to reach this year, now it is the last quarter of 2020 and the Bitcoin Price has no sign of going to the moon.

Absolutely impossible to reach that high in a short amount of time. Note that there are a lot of BTC holders out there waiting for BTC to reach in a certain price and ready to sell. Note that there are also a lot of exchanges which takes a big part in price fluctuations. Meaning that when the price of BTC is higher on one exchange, the other will also adjust through buying and selling.

[mlawson71]

That's a good point, actually. When do you think they'd start selling?

[Alcor]

There’s a rule in Bitcoin’s monetary protocol that causes the rewards for mining new bitcoins to be cut in half every four years (roughly). Miners currently earn an average of 1800 Bitcoins per day, which in 2020 will be reduced to 900 Bitcoins. The halving will act as a distinct price trigger with less Bitcoin being distributed into circulation and increased demand.

This reasoning, in my opinion, is not entirely correct. Bitcoins mined by mining do not always go straight to the market for sale. In addition, given that in 2020 the reward for miners will be 900 bitcoins per day, this is not such a significant amount to affect its price.
Bitcoin price of about one hundred thousand dollars has been talked about for a long time. However, we see that even in 2021 it was not possible to even come close to such a high price.

[Linda78]

There is no denying that cryptocurrency is impossible. No one can say when and where the price of a currency reaches cryptocurrency. Everyone thinks that the value of bitcoin will reach 1 million dollars. The value of bitcoin By 2022 it is possible. If the value of Bitcoin continues to rise on this bone, it will soon reach  1 million Will arrive.

[collinsjie]

This predictions can't be this year again. The time is too short for Bitcoin to hit $100k. In 2022 Bitcoin will achieve the prediction and altcoinse will also follow. Keep holding. The future is in our hands.

[mlawson71]

Bitcoin is less than 50k today and there are less than two weeks before the end of the year. I doubt it will reach 100k in that time, or even 70k at this point.

[Anonylz]

I think $100k dollars is not possible in 2020. It may take a long time. The price of bitcoin will definitely go up but the situation in Corona is very bad at the moment in 2020 so I think it will have a huge impact on the economy. It will take time for the economy to get over this stage. The price of bitcoin is much lower at the moment. But I hope bitcoin will record more.

I'm also not sure about this prediction, the Bitcoin price of $ 100,000 is very high to reach this year, now it is the last quarter of 2020 and the Bitcoin Price has no sign of going to the moon.

I agree with you on that. I don't see Bitcoin's price reaching $1ook in 2021 but hopefully, if we will continue to see a bull market into 2022, it is highly possible for Bitcoin to hit $100k and above. I believe even if bitcoin has to rally up from now, we might still not hit that amount but may be around $70k+

[bmw1]

The reason why Bitcoin can reach hundreds of thousands of dollars is because Bitcoin is one of the most advanced and expensive coins in the world or in the world that is going to change the world. At the end of 2019, the price of Bitcoin was 19 thousand dollars. The current price is 50 thousand dollars. The price of Bitcoin has reached 50,000 in six months. And at the end of 2021, Bitcoin set a new record again. At that time, the price of Bitcoin was 65 thousand dollars. Bitcoin is currently trading at 46 46,000 due to the market downturn. The reason why the price of Bitcoin will start to rise just when the market is moving towards improvement is because when the price of Bitcoin rises, the price of all other coins starts to rise. So in the next three to four months the price of Bitcoin is expected to be 100k.

[Seerge]

Bitcoin is less than 50k today and there are less than two weeks before the end of the year. I doubt it will reach 100k in that time, or even 70k at this point.

It seems that what you say is true, the predictions of people who say the price of Bitcoin will be able to rise to $70 or even $100 will not be proven. Bitcoin has been on a decline, and until now the price has not shown any signs of pumping again. At the end of 2021, it looks like the price of Bitcoin will close at $50,000.

[Ghozrd]

I can't predict the price of Bitcoin, but with the Blockchain technology that Bitcoin has, we have seen a lot of altcoins trying to create a lot of new projects with faster blockchains.
Bitcoin halving will determine the next Bitcoin price, I believe the price will reach $100k after Halving in 2023 later.

[Afony]

Bitcoin is a popular cryptocurrency that controls the entire market and bitcoin coins are slowly getting smaller and its price is growing at that time. Of course, the price of bitcoin will be very high, but it takes time.

[KaliLinux]

Bitcoin hitting the $100k price is not I would say is not a problem, If we're told that Bitcoins price will be $69k+ some years ago in the time it did, that would have been a major topic to discuss but we got there and $100k that we are seeing as a big deal will also come and pass sooner than we expected.