Bitcoin Forum

Could you imagine the volatility on a day to day basis? I mean we've seen it swing at these levels almost up to $500 on a day to day basis at times. Could you imagine what it would be like at $100k? $5,000 to $10,000 price swings daily? That's insane!

it will likely happen

i have a feeling that guys like Mcafee are right

I agree! I think this will be achievable within the next 10 years. Just look at the trend of bitcoin since it was created, it's only gone up.

what do you think now? see that the BTC price goes down whether it will return to normal? if it is true if BTC will reach $ 100K in 10 years, I think this is an opportunity to buy Bitcoin at a cheap price.

I think bitcoin will drop below 3k, by how much though, no one knows. Nobody knows for sure what bitcoin will be worth in 10 years but I'm willing to bet that it will be much higher then what it is now. Unless the governments try to shut it down, which is definitely possibe.

Firstly volatility is measured relative, so it would just be a higher number with the same volatility technically speaking.

Holding 0,01 btc at 100k that swings +/- 10k regularly will be the same as holding 0,1 btc at 10k that swings +/- 1k.

In addition, most assets tend to decrease in volatility as they mature. If Bitcoin becomes fairly mainstream, I'd expect less volatility for sure.

Realistically how many people will be holding 1btc if it's worth 100k? A fair select few to be honest, most people will cash out at some point along the way and reinvest some smaller amount, maybe a few thousands, and then the swings would be exactly the same for them. What's more scary about bitcoin reaching 100k is all the decimal points we will need

what you are missing is that price of 1 bitcoin is a little misleading!
what you say is like saying 10000BTC is worth $35,000,000 and when it droppes it swings $1,000,000

that is the same with your future price. you are saying 100,000,000 satoshi is worth $100K and the swings of 100,000,000 satoshi are huge.
when you buy at $100K you buy $500 worth of bitcoin for example and when it swings around 5% your investment swings around 5% too. in other words it swings around $25

I think the bitcoin will grow
Look from the time it's released until now It grows and raises very fast

Few people will hold their BTC until that point, just for the reason you are mentioning. The average investor will trade with a portfolio of approx 0.1 BTC at that price.

I think it is possible. We cannot say what will be the price swing of BTC so it may happen. If that happens I will be more than happy because I will be rich but if that happens I think all of the altcoins will drop badly so if BTC reaches $100k there will be advantages and disadvantages.

If bitcoin will reach ever that target. I would be rich no joke. Im saving now my few bitcoins. Im currently investing in altcoins, because here you can make money if you take risks and are lucky.
You can also make very hard losses in altcoins. Its all about luck, and being smart. You can invest in a trusted altcoin or on a new coin. I would go for the trusted one and invest a little amount of m oney in the new coin.

 i think it will probably happen

I can not imagine if the bitcoin price is $ 100k, but it might happen, I'll save some of my bitcoin for the preparation to $ 10k

If bitcoin will hit 100k. I would sell all my coins what i have in my wallet to money. I would then invest in alt coins like lite coin. For me lite coin is the sleeping giant it has the potential to grow, but now its just waiting to rise up. I have also some doge coins, but i think that it doesn't matter. Doge coin will not go higher then it is now.

I don't think it is something "insane" many people think that there is a great manipulations in bitcoin price but as a long time trader and follower of an illiquid assets I can tell l you that bitcoin is moving on the normal scale. We would get $100,000 one day but not without a fight. The banker and governments are there to influence the price of bitcoin and to see it clash but we would move from $3600 to $5000 and we would get to $100,000 one days.

If reach $ 100,000 then perhaps all of us will become billionaires in a few years. I think to achieve this price is very difficult because this market needs the trust of everyone in the world and must overcome the stock market.

If Bitcoin reached 100k I would expect a good portion of the world would have had adopted it in some form. Besides the fact that the early adopters would be pretty well off, I think Bitcoin would be a normal part of our lives. Who knows, let's just sit back and see if it actually comes to fruition.

no.... very few people even own $5k worth of btc so zero chance that any substantial numbers will hold a lot of btc  when the price keeps going higher. Vast majority will sell well before 100k. I think 25k  in a few years is a likely scenario. I think even at 25k, very few will hold  a significant amount as most will sell before this number. We will see a much  wider distribution of btc in the future but very few will be long term holders

Then we would have more and more millionaires. It is true bitcoin has potential i admit that but as we see from latest things happening it's hard to make a true prediction for btc. This economy has grown a lot so all big economies want to have word on it. Countries like China and US wants to take Crypto currencies under their control. So anything can happen anytime my friends.

I do not see it going that far to be honest. $10K? Sure, can see that easily, but not 100k. Would sure be great if it did though :D

You are right,
if BTC at 10k so the swing may be like within 5k usd,
it should be cool

Im going to buy my dream house..in my country i can get my dream house only with 5 btc then..i hope btc can reach that price. And i believe it will..
Also i can retire very soon. Enjoy the rest of my life with worship to god and traveling with my daughter. We are all know that we are not immortal..thats why if youvhave money that much you need to enjoy this life..

I think the next step for sure is 10k and eventually 100k, so it will be really great. Charttechnical there is a lot of logarithmic room

yep. people kept telling us that the higher the price the calmer the price would become. i ain't seen any evidence of that at all. it seems to be just as insane as ever and the percentages of the swings aren't much lower than when it was a few hundred. i'm surprised.

i hope it settles down at $100k because otherwise it's going to be too silly to think of using.

maybe in 25 yrs

Yup that'll be insane and for sure a lot would be rich by then if they still hold on to their bitcoins by the time that amount is reached but I think it is still far too long for that amount to be reached though it is possible though in the near future. Hopefully I'd still be alive by that time and would be able to spend some of my bitcoins for retirement.

bitcoin price  $100k can not be reached

The opposite can be reached 1btc ------50 usd

All this ppl talking here and all this fourm users and all miners we still from the early comers , most ppl around the world don't know or invested in bitcoin alot of ppl don't even know that thing is existed already , all of us are only 0.01% of population , imagine if we become 0.1% , bitcoin may reach more than $100k

I fully agree with you. Not much of the world's population even knows about bitcoin yet. They say only 1 percent of the US population even owns bitcoin and only 300k people own 1 bitcoin or more. If bitcoin has reached 5k with these numbers, imagine when 10 percent of the whole world buys into bitcoin. Satoshi made bitcoin with 8 decimals for a reason. When the last decimal is equivalent to .1 cent that means 1 bitcoin will be equivalent to 1 million dollars. Mark my words, bitcoin will be worth that in the future. It may be many many years until that happens but it will. It's just going depend on if the government's and central banks try to stop it or not. Which they will do their best try to prevent that from happening.

No, it stabilizes as market cap increases

It is not so insane if you would think about it in other way. For example right now i can have 1btc easily, but when it will reach 100k$ I wouldnt be able to buy one BTC and i would buy 0.1$ and for me viotality would be the same as it is at the moment ;D

Nothing is impossible if ever will reach $100k and yes all of us can be rich by that time. And if every planning to hold btc for a long term. Holding btc really gives earning and if continues believing in btc.

Google trends indicate bitcoin is more popular than ever. I would not be surprised of a nice recovery once the clarity on chinese exchanges have been clarified.

I agree, I have a friend who was into Bitcoin early, he once had 200 BTC and sold them for 80 $ each. Now he has about 5 BTC. I'm guessing that similar scenarios occur rather often.

Even if Bitcoin goes to a million there will be crazy FUD on the way (much worse than this little China episode now) and a lot of people will be shaken out.

The volatility will probably stabilize when bitcoin will be mainstream. But in terms of procents the volatility will be the same as value. A $5k swing would be 5% when bitcoin price will be at $100k. ;)

It could happen one day but the climb upward is going to make it so it's not really a drastic thing. Everything evens out in the end when Bitcoins for $60 a piece every one bought a bunch , at $4,000 a piece people are still buying the same monetary value but they're just buying a smaller number Bitcoin. One thing i believe is that bitcoin will go on to 10K pretty soon, dont know when it will reach 100K.

The World is changing very fast now and with time speed is going to increase dramatically. Imagine, 10 years ago we haven't even an iPhone, now smartphone is a must-have.
And now imagine what world would be like in 10 years from now. I think Bitcoin will go huge (maybe x10 from now) or disappear at all.

 Come on! Litecoins are not that good. I don’t know why you are using the word of sleeping giant for them. Bitcoins are if going to hit 100k dollars, I am not going to sell them off because they are the legends and I believe in their tendency of bouncing back with much higher energy.

You mean when bitcoin reaches $100k  :D

At my time I see there are $7000 swing within 2 hours
I am from future

Most of the people love trading bitcoins rather then holding for a log term. Infact holding bitcoins can definitely be profitable but you have to wait long for that and people want it quickly. They buy in low rates and sell as soon as he gets a little profit over it. Its not something unbeleivable to swing 1000k $ for bitcoins. Its highly volatile.

That's possible. Even if bitcoin's price goes down sometimes, it recovers very well, going up higher than its original price, making it more valuable than before. If these pattern continues, 100k is achievable in the near future, if nothing worse happens.

I have the same opinion regarding bitcoins touching 10k dollars. I personally believe that bitcoins are going to touch this target within next two years and those who are investing into bitcoins now are going to be millionaires then. But to touch dollar 100k bitcoins are going to need at least 1 decade.