Will the price of Bitcoin reach more than $100,000?

[KKH84]

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.

[LogiC]

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.

[KKH84]

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.

[Hugo Barbosa]

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. 

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).

[Rakin343]

Today's bitcoin market $9.6k but how can it would be hitted $100000. I don't believe it my imagination.

[Alcor]

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.

[Paglamon]

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?

[Master107]

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.

[debra]

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.

[blue]

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.

[Review]

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

[Muneeb22]

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.

[ranaprime]

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

[Hugo Barbosa]

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.

[gunhell16]

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.