Bitcoin Forum

Why 1 Bitcoin Can Be Worth $100,000 In A Few Years

https://www.youtube.com/watch?v=O7o5m-dFf7s

I think you forgot a few more zeroes at the end of $100,000 there.

Are you sure with that bro that the price will become $100,000 because for me it's only less percentage to happen because that rice is very high and what if you prediction is adding more zeroes and that's impossible to happen. Lets talk about the possible to happen not the very impossible to happen in real life. But we have different opinions about the price of the bitcoin.

And why exactly bitcoin will be so valuable? I love bitcoin but even the price reaching 100k in a few years is a lot of money, why you think bitcoin could be worth one million or even 10 million, almost all the money of the world will need to move through bitcoin for that to happen.

$40,000 transactions fees, I cant wait

"rice" is the real deal

With the current flow of bitcoin in the market and its management on dealing with the adding of technology to make bitcoin more scalable and compete with its sudden growth in user, i dont think it will surpass 20k not unless they made drastic measure to the problem.

Price will be 70 k end of 2018.

Lol by that time the lightning network should be in full operation, imagine being able to move that much money and pay a dollar or even less as a fee, right now that seems impossible with the current fees but that maybe the reality in the future of bitcoin in just a few years.

it is not just about the fees. you are thinking too small here regarding Lightning network.

the main thing that LN will bring us is nearly limitless number of transactions per second. for years people have been comparing bitcoin other payment processors like Visa and saying bitcoin is handling 3-7 TPS and they are handling ... TPS.
now with LN bitcoin will be able to handle millions of transactions per second. or even more and all of them will be instant, decentralized and trustless.

Who knows what can really happen years from now? I think we can only speculate here and hope that our speculation will come true one day. Most of the Bitcoin holders are always hopeful that soon the value of Bitcoin will really be enormous because of the limited supply and supposedly continuing demand for it. Right now, there is a certain feeling of gloom and doom within the Bitcoin community because of the continuing problems being encountered by transactions and the very ridiculous fees imposed by miners and exchanges. Once we can solve these problems, there is a big likelihood that Bitcoin will again surge. The year 2017 saw Bitcoin being romanticized and scrutinized and for this year I am seeing some stability for Bitcoin.

The Lightning Network won't be in full operation.

Consider that people have been talking about Segwit for three years, the miners activated it five months ago - but the Core developers have been too lazy to activate it on the bitcoin qt wallet. So nobody uses it to send coins from their wallets to the exchanges.

What makes you think they'll be more efficient when it comes to Lightning?

Yeah, that's a bitcoin price prediction. there are tons of bitcoin price prediction out there. Everybody is a bitcoin prophet nowadays, everybody can predict the bitcoin price that he desires with date and some even time :) No jokes, without the bitcoin current transaction issues the value can be very vibrant all the time, but due to such issues many are moving to other altcoins looking for solution. 

I think It's possible.

it was 2 years between cycle 1 and cycle 2 and then 4 years between cycle 2 and cycle 3. i dont think cycle 4 will happen for at least another 4 years and maybe longer.

It's not impossible. We've already gone from 6k to 20k in a span of 2 months last year so a rise that big is not very unlikely. Though i'd be a little bit more conservative and not take my expectations as high as that

That are all conjectures. Noboby can say with certainty what will be the Bitcoin price in the future.

Its $ 1 million value means that its market value is $ 21 trillion. In today's world, this is unlikely. However, what will happen after 10 years is unknown. Maybe the dollar is going to lose value. Maybe there will not be a state called the United States of America in the world. Then it's possible that it's $ 1 million.

Yes, everything is just conjectures, the future is unknown but it is very stimulating. Bitcoin is attracting more and more attention, that's why it's possible.

It's possible if bitcoin improves itself to solve its current problem (but lightning network is on its way).
If more and more people believe in bitcoin and use it, its value will go up, and at the same time dollar value will go down faster than now (inflation), thus bitcoin price will reach 100k$.

That is the way bitcoin works, it can pump on so much or dip so much you can gain profit and lose it at the same time that is why there are certain risk involve in investing with it because of the volatility and fluctuation involve with certain movement of bitcoin, And I think that bitcoin's value this year will be prosperous and that is the normal way bitcoin move, If it reach a certain level when it drop it will gain momentum to com back again and reach that certain point or even exceeds it.

Not possible, just in case this will happen o don't think ordinary people can still participate with bitcoin because i have a feeling that if this will happen the government will find a way to control it and business persons is the only one which are permitted to join while the law class will disregarded.

I don't see why not. The only way the low class would be disregarded is if the fees were too high for the average person to be able to transact anything on the blockchain, but until then, we can participate and buy and hold a good position.

Price is a function if demand and supply, it could be $100,000 or it could be $1,000,000. If there's demand, and there is, and if there is a fixed supply, and there is, the price can only keep going up.

I don't see how governments attacking it would decrease the demand, just like it didn't decrease the demand for other illegal things such as drugs which moves trillions daily. There will always be a demand for Bitcoin, and with LN even the poorest will be able to transact.

I think we are close to achieve that than when bitcoin was striving for survival then. I have thought that in few years to come bitcoin can grow to over  $200,000 in just a year if all the hard fork issues are resolved as many are picking interest in it in just few years from now. $100,000 is already achievable and we may get to that some few years to come and I am speculating end of 2019.

When Lightning network becomes implemented Bitcoin price will explode, best sit tight until then.

Well, the lowering of the fees will be a symptom that bitcoin is finally able to scale and when that happens the sky is going to be the limit for bitcoin, I just hope that my investments give great profits before that day comes and I'm able to hold a significant amount of it coin by that point since it is clear to me that when the LN is finally in operation we are going to see a bull market.

I think it's possible.

This is what I'm expecting as well, but it is difficult to know how high the price can actually skyrocket, we got up to 20k in the past pump so it is very possible we reach something like 35k or 40k after the announcement the LN will be finally operational, and if it works then we will finally begin the era in which bitcoin will become adopted by people.

Oh of course $100k is very very possible. I'd expect that price in 2020 at the latest.

It is possible, the only question will be when will it occurs If we prefer long term investment then having btc now is a good catch, btc being the superior crypto have always the possibility to increase anytime.