Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Hugo Barbosa on June 09, 2020, 10:33:21 AM
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Many analysts believe that in the future, the price of Bitcoin will reach $100,000 or even higher.
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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 $9716, a 2.5% increase over the past 24 hours.
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In the future, of course, everything is possible, because we have already seen when Bitcoin reached the price of 20k$ 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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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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~ 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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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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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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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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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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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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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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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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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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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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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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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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Dude, if only Bitcoin could be in the price of 100,000 USD then it's certain that there would be a lot of altcoins who danced to follow the price of Bitcoin.
I have a lot of altcoins ready to sell when Bitcoin is priced at 100,000 USD.
Many hope for all if Bitcoin is priced at 100,000 USD but I hope my altcoins can be sold all from the MyEtherWallet online wallet.
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In my experience, the second you think bitcoin has established some kind of pattern, it will change moments after the payment is processed. Bet you thought it would bounce between a 50-100 dollar range all day, and then it tanked and dipped below 9300 just moments ago.
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I don't believe this unpredicted non real information. How could it be possible to reach bitcoin $100000 in running year 2020. Which formula can predict bitcoin halving and target to reach $100000!!! Just a funny message from McAfee's?
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$100K per Bitcoin , this is really a huge amount , i think Bitcoin need a lot of time to reach this level.
I think when all bitcoin is minned then after 5-10 year we can accept this price for Bitcoin.
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Maybe it will be 100k one day, but i think it's going to be more than 30 years before it happens
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Bitcoin has a lot of potential bitcoin has touched the $20,000 mark, in the coming years it may even touch the $100K level.
I agree that the Bitcoin price has a chance to achieve $20,000 this year. It is a very reasonable price to achieve even it will be quite hard to happen in the near future. I guess at least we need to wait for till the end of the year to see the price moving up to around $15,000 - $20,000.
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Bitcoin has a lot of potential bitcoin has touched the $20,000 mark, in the coming years it may even touch the $100K level.
I agree that the Bitcoin price has a chance to achieve $20,000 this year. It is a very reasonable price to achieve even it will be quite hard to happen in the near future. I guess at least we need to wait for till the end of the year to see the price moving up to around $15,000 - $20,000.
Yes, most likely, the rise in the price of bitcoin will not happen very quickly. Therefore, we are unlikely to see the price of bitcoin at one hundred thousand dollars in the near future. You need to re-pass the $ 20,000 mark and then watch how the cryptocurrency market reacts. It is unlikely that the rise in the price of bitcoin to one hundred thousand dollars will be smooth. In any case, it will be a long and ambiguous process. While in the history of the financial world there is no such experience.
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I think it depends on the time, eventually, Bitcoin will reach more than $100,000.
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I think it depends on the time, eventually, Bitcoin will reach more than $100,000.
What do you mean? Do you think sooner or later the price of Bitcoin will be more than $100,000? I am curious why you are so confident about it. I expect much with my Bitcoin asset but I never think that the price will achieve $100,000. In my opinion, it is only a miracle if the price can go up to $100,000. I cannot imagine how many people can be rich suddenly if the price of Bitcoin can go up as you expected. :D
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Dude, if only Bitcoin could be in the price of 100,000 USD then it's certain that there would be a lot of altcoins who danced to follow the price of Bitcoin. I have a lot of altcoins ready to sell when Bitcoin is priced at 100,000 USD. Many hope for all if Bitcoin is priced at 100,000 USD but I hope my altcoins can be sold all from the MyEtherWallet online wallet.
This can be happening maybe 5 years from now. Or I am wishing it to be haha. There is no question though the future of Bitcoin and some altcoins can be considered to be bright. $100,000 can be a very good price for Bitcoin though this is not going to be overnight.
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The price of Bitcoin goes up one day, goes down the next ... it has a history that is hard to predict in the short term, so it is very difficult to reach the amount of $ 100,000
However, many investors like this. With prices that fluctuate (up and down) regularly, investors can often buy Bitcoin cheaply and then sell it at a much higher price.
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Bitcoin will cost $20k. It has possibilities. But $100k is absolutely impossible. The price of btc did not increase in halving. But after some time, that is, a lot of time will have to wait for the price of $100k. $100k is not impossible, but not in 2020 - 2021. I read about 10 - 15 articles every day but most do not. So I think the opinion of more people is important.
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$100,000 for 1 BTC is still reasonable, because someone asked whether Bitcoin could reach the price of $1 million/BTC. The price of Bitcoin is very difficult to guess, so we can't say this is impossible! In the past, no one believed when the price of Bitcoin could reach $20,000 because 7 years before it was 10,000 BTC for Only 2 Pizza.
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No, No way that Bitcoin to reach $100,000 in the next few months. I think it will take many years to be above $100,000. We don't expect something non-sense for the price of Bitcoin. it is better to see the potential price of Bitcoin around $20,000.
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Bitcoin is really a good platform. Its demand is increasing continuously. So it is a simple matter that bitcoin price will increase. It is expected that its price will highly go in near future. Many people are trying to hold it for future. It may not reach more than $100,000 but it will reach its near to door. It is crosses the $100,000, I will not be astonished.
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In 2 years from now to reach $ 100,000 I think is impossible, but in the future for a rather long time, all that can happen if the payment is no longer using paper money or commonly called non-cash transactions.
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In 2 years from now to reach $ 100,000 I think is impossible, but in the future for a rather long time, all that can happen if the payment is no longer using paper money or commonly called non-cash transactions.
Definitely impossible. How many marketcap you need before reaching that state? I am not saying the btc price is impossible to go there but it will depend on duration and progress. Market is not just about investment but in order for btc to take off we must seen a really good adoption and use case besides trading alone. Im sure many investors would like to try once more now that its price is half of the last bull run ATH. Chances of going back there is possible and might better to be a goal for now not the 100k price.
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In 2 years from now to reach $ 100,000 I think is impossible, but in the future for a rather long time, all that can happen if the payment is no longer using paper money or commonly called non-cash transactions.
Definitely impossible. How many marketcap you need before reaching that state? I am not saying the btc price is impossible to go there but it will depend on duration and progress. Market is not just about investment but in order for btc to take off we must seen a really good adoption and use case besides trading alone. Im sure many investors would like to try once more now that its price is half of the last bull run ATH. Chances of going back there is possible and might better to be a goal for now not the 100k price.
If the price of BTC is still based on the US dollar, it is very unlikely that the price of BTC can reach $ 100,000. Do you know because of the impact of COVID-19 now there is a way to live life in a new way or commonly called "NEW NORMAL" and some countries have begun to implement it one of them is non-cash payments, maybe Blockchain technology with all types of crypto that will be able to be in use as payment, because paper money is very vulnerable to being a place of transmission of the virus.
Sorry that's my personal opinion.
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I think it depends on the time, eventually, Bitcoin will reach more than $100,000.
What do you mean? Do you think sooner or later the price of Bitcoin will be more than $100,000? I am curious why you are so confident about it. I expect much with my Bitcoin asset but I never think that the price will achieve $100,000. In my opinion, it is only a miracle if the price can go up to $100,000. I cannot imagine how many people can be rich suddenly if the price of Bitcoin can go up as you expected. :D
Personally, I think one the main barrier to bitcoin breaking $100,000 is time, but the process is tortuous. Production is the most critical factor in determining the value of an asset, even if the price goes up, we can't produce more bitcoin, unlike gold, which we can increase production. As the supply of Bitcoin is halved, the ratio of inventory flow to production will double to 54 (very close to gold).
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Today's bitcoin market $9.6k but how can it would be hitted $100000. I don't believe it my imagination.
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I think that the price of one hundred thousand dollars bitcoin is impossible because the bitcoin holders themselves will not give him the opportunity to rise to such price heights. We saw what happened to the price of bitcoin when in December 2017 it rose to $ 20,000. Will people continue to invest in bitcoin if it reaches, say, $ 50,000. After all, many will have the fear that due to its high price volatility, it may again fall, for example, to ten thousand dollars. And if some negative information appears and people start to drop bitcoin in order to fix their profits, then there is a chance that it will drop to a very low price altogether. After all, those who bought bitcoin in December 2017, even after three years, continue to incur losses.
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Yes, I believe that bitcoin will cost 100,000. But will not be able to reach this price at the moment. Because I have seen in some reports that the price of bitcoin is likely to be k 6k. So various comments are going on at the moment. So I don't understand what people are thinking? And what the experts are thinking. However, I believe that the price of bitcoin will reach its maximum. I want to know your comments on this topic?
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It might happen but not this year even after 5 years.
Maybe 10 to 20 years from now when 5G development matured.
Chips could be implemented storing the data account of a person.
The cashless society is slowly approaching.
Possible bitcoin price is not the same as today.
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It might happen but not this year even after 5 years. Maybe 10 to 20 years from now when 5G development matured.
Of course, it won't happen this year, how can the price to reach $100,000 from $9,000 only. It doesn't make sense at all, and I think OP too speculative about it. However, no guarantee that Bitcoin to reach $100,000 even it is 5 years from now or even more. Let's see what will happen with Bitcoin adoption.
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It will not possible in this year but definitely it will possible in future actually the whole cryptomarket is waiting the bull run already BTC halving is finished so my analysis are waiting for the all time high value i believe on that prediction so next year BTC will cross $20k and touch more price.
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I also think that its one kind of myth becuase its not easy to reach this such amount of price also the btc time is over now i think for good altcoin...you see that btc price up and down around in 10k to 12k this year..so surely it not easy to reach so in future
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In short time Bitcoin will reach the 100,000$ but it will come down first then after some month it will make a great bull in the market and i hope soon it will be legal in all over the world.
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It is possible for bitcoin to reach $100,000.00 and more then it. If we look through 2017 we see that bitcoin price reach $17000 and more. But at that time most of the people never thought that bitcoin price will up at this stage. Ultimately the price hit the high position. According to the previous experience I can firmly say and believe that bitcoin price will reach at $100,000.00
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Because of the sharp fluctuation of the exchange price of sovereign currency, and its super-sovereign currency feature has also attracted the attention of the public. Bitcoin is also a value symbol and the value is reflected in the exchange. I feel positive about it.
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I remembered way back 2017 there are some of the bitcoin experts predicted that Bitcoin price value will become 100, 000$ each when the time reach 2025, I don't know what was their basis to say that analysis. But anything is possible to be happening here in the market because this Bitcoin was too volatile.
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By 2025 it may reach that level indeed. I really doubt it will happen by the end of this year though.
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By 2025 it may reach that level indeed. I really doubt it will happen by the end of this year though.
Agree, this is a very bold statement. I would like to see it. In any case, it will not be soon though.
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By 2025 it may reach that level indeed. I really doubt it will happen by the end of this year though.
Agree, this is a very bold statement. I would like to see it. In any case, it will not be soon though.
And will there ever be such a price of bitcoin? In five, ten, or twenty years? Not a single currency that we know is capable of having such a high price. Although cryptocurrency is largely an unknown world, the price, even one hundred thousand dollars, still sounds fantastic. Well, wait and see.
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Why are there so many people asking about the possibility of BTC? Can they read many explanations and thread previously? the price of BTC is hard to predict and most prediction is out of the real price. And here, BTC price will not rise so high in this year. And to reach $100.000 it is very very difficult.
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There is really a big prediction about it that Bitcoin even touch $1 Million USD in future , but really didn't think that this is happen . Every Crypto user must be stored some bitcoin as a long-term investment for a good opportunity of earning .