Bitcoin Forum

A few introductory remarks:

1. I’m starting this thread to demonstrate how analytical results correspond to what actually happens in the future.

2. I don’t know when Bitcoin will reach the $100 000 mark. The exact timing is impossible to predict here. Nobody knows.

3. What really matters is the resulting price/profit ratio, which is 20 to 1 at the current price of $5000 – even if BTC falls to 0 at some point along the way.

4. There are lots of reasons for why the BTC price will reach $100 000, ranging from being accepted as a means of payment to the features of the technology itself. I will cite only the main reason here.

The total amount of funds currently stored in offshore accounts is circa $20 trillion. This number will grow to $30 trillion to 10 years if nothing changes – meaning that people won’t suddenly stop embezzling money and evading taxes. At the same time, there is a tendency for a stricter control of offshore accounts, so it’s quite possible that the amount of funds there won’t reach $30 trillion.

What do people do with all that money? Trillions of dollars are just sitting there as dead weight. Their owners aren’t interesting in earning any profit – for the most part, their only objective is to keep that money. Why would they need any additional profit, anyway? Those people have enough saved for a hundred lifetimes, there’s no way they could spend it all.

So things were going great for them – until a certain point. More and more limitations are placed on offshore accounts, and more and more information about them keeps emerging. This is the worst fear of all embezzlers, tycoons, etc.

Crypto is the best answer, since it’s a way to store money in such a way that nobody will ever know about it or link it back to its owner (thanks to mixers etc.).

At the price of $5500 for 1 BTC, its market cap is about 100 billion dollars. If BTC goes up to $100 000, its market cap will reach $1.8 trillion – which is still 10 times less than the total amount stored in offshores now and 15 times less than what will be stored there in 10 years.

everything can happen, the price offered on the market is indeed cheap when compared to last year, the price of 5500 usd if going to 100,000 usd takes a long time, but the most important bitcoin can be accepted worldwide as a means of payment

Great reason but of course we need more time for that kind of price. If the government fully adopt bitcoin then we can expect a price like that to happen in the next 10 years but I believe if there's still a rejection from the government we can't reach that level alone. We have to think for a more good development and function of cryptocurrency so it can be easy to understand the system.

I think it's hard to get that number, or we'll need it for a long time. Also, we will need to accept the Bitcoin in many countries and lift the ban. I agree with you that bitcoin is the future payment currency, but that means to me that it has to be stable.

It is not possible if we all are in into crypto but somehow we can be in trouble knowing that some areas aren't in touch with crypto information and even lock up from using internet. Which could be some hindrances for its growth. The future of Bitcoin will rely on us and even not sure how long we've been seeing this technology or something possible there is new one created.  If Bitcoin reaches that pretty high price, I'm afraid that nobody could risk their money for this.

that's hugh price imposible for this year happen. some people must be have strong hand to hold bitcoin right now and keep it together without worry about anything bad news. we have to get many friend to become new user into bitcoin

I don't think it's possible.
We all know the votality of Bitcoin, once it hit the best price, it also drops down afterwards.
A hundred thousand dollars is too huge especially that the adoption of cryptocurrency isn't completely implemented and some countries are actually banning it for their own reasons.
It could strike high but that prediction is unrealistic.

Hey guys do you invest your bitcoins or you just leave it in your wallet to go up?

Given time, mass adoption of Bitcoin will surely propel its price to new heights which could be unthinkable right now considering the state of crypto markets but ultimately, I think the law of supply and demand will decide Bitcoin's future and that will be very interesting in the near future since it could even reach more than $100k because of its immense potential of use cases and is considered one of the best emerging technology right now.

Correct. But this doesn't have to be Bitcoin. Normally I'd choose anonymous coins for this. And many did and many will do this.
So it's not really the ultimate reason for Bitcoin to rise. Bitcoin has its more... transparent... usability as it is as mean of payment and as investment.
The more the people that use it, the more the people that will keep some change in the wallet, the more the people that will lose some cents here and there by being careless, "helping" bitcoin get more and more scarce.
And obviously some investors will be hoarding it.
All this also leads to price increase, maybe more than your tax evasion logic.

There is nothing wrong with the way you think, rich people will always look for ways to store their wealth in a way to be as safe, but also beyond the scope of taxation. Problem for those people to switch from fiat to bitcoin is yet still fairly complicated procedure, at least for most of them - but also great volatility of bitcoin. It is also not true that that a complete degree of anonymity can be achieved, at least when bitcoin is converted in fiat at some point, but for such rich people few things in the world are impossible.

Trillions of $ are also in gold, silver, stocks, real estate - so it is necessary to take this into consideration. Some would say that sooner or later part of that wealth will be transferred in bitcoin, and in fact it does not have to be a big percentage that price reach $100k.

Means nothing to me.i wish i could belieeve posts like that.ofcourse it may happen but nobody can know that so we have to  wait

I think it's about mining proccess, when it goes harder but the Bitcoin is so low then miner won't get enough payout and perhaps loss. That's why Bitcoin price should increased by time.

I think this is what bitcoin lovers love. But for bitcoin to reach $ 100k, it needs a lot of factors:

1. Time: This is a new technology and we need a lot of time for people to understand and use it properly. In a short time it is difficult for people to understand the full potential and utility that bitcoin offers.

2. Technology: Current bitcoin posted still plying its development and improvement network. We need strong technological breakthroughs of bitcoin in the near future. With the current transaction processing speed, bitcoin is too slow, too obsolete compared to Paypal, Visa ...

3. Legal regulations: The government currently has no clear legal framework for bitcoin, it is legal or not, bitcoin is a commodity or money. The lack of regulation makes bitcoin difficult to attract big companies use it.

You have some good idea. This could be a very good reason for such price to happen. This is because it will start recoding huge investment, there will thus be hype which likely will inflate price. Regulation is what can make that price if it can be possible.

Very nice analysis but If you are unable to predict the time that this is going to happen then it is not valid to say something about the price.
The environment that cryptocurrencies exist is very vague right now and they can be vanished in a day if the governments decide to do so.
It is very nice to be possitive about the future but we should examine every factor first before saying something. Otherwise, you just push people to a FOMO situation.

I am not really trust bitcoin could raised to higher price about $100k because right now bitcoin still under $10k and always keep lower last one years, will be just your fake ideas or opinion to make many people to buy and invest in bitcoin?

You need to get the idea of 1 bitcoin = $100,000,000 out of your head, and treat 1 bitcoin = 1 bitcoin, that way the market will never phase you, $lave.

Ok! So the synopsis of what you are saying is that the Ultra High Networth people will eventually become interested in using cryptos to hide some of their wealth to evade limitations placed on their accounts and to safeguard their wealth!  

I must say that this thought is absolutely flawed because that is not going to happen! This class of people will never invest in cryptos unless the government makes it totally legal because they know that their funds are always under the radar of the tax authority. So any high value transactions coming in or going out of their account, needs to be justifiable (even though a mixer service is used)! I simply don't see this happening!

However, there are other reason due to which bitcoin's price can skyrocket which are purely based on economy related theories! I won't go into details, but let me give you a list,

1. Bitcoin is limited to 21 million.
2. Increased adoption rate
3. Legalization attempts by the big economies
4. International stock markets like NASDAQ is testing a platform to trade bitcoin and other exchanges will follow the same path soon

I believe, these 4 reasons will play a big role in bitcoin's price increase for the years to come instead of just waiting for the ultra high net worth population to invest in bitcoin!

In the world of bitcoin, we are not sure what will happen. For example, regarding the bull run to the price point of $ 20,000 that occurred last year. I look at the observations that you are doing, that possibility can happen with the number of funds that settle there, which at any time can be transferred to bitcoin and crypto, which in turn can increase market capitalization and increase the price of bitcoin. But this would be good if it was based on the optimism of the future of bitcoin, if bitcoin is trusted by investors and those who save these funds could a surge in investment in bitcoin occur and cause an increase in the price of bitcoin up to $ 100,000 or more.

When it comes to bitcoin price any thing is possible but the time frame is what is unpredictable as you rightly said, I will not be surprise to see bitcoin price seating at $100,000 because if the demands increase suddenly then the price ratio must following the same formula. I am very optimistic that in no time from now that $100,000 bitcoin price will be achieved and we will even surpass it.

the bitcoin technology has started seeing massive adoption all over the world and it has been considered a worthy investment to be productive in the long run and loads of people want to acquire a large amount of it for their family and children and it is currently limited to below twenty million units and that will not be sufficient and the globe will need it in time to come and its scarcity will see it at the 100,000 price.

Bitcoin as a means of payment is the most desire some of us the cryptocurrencies enthusiasts want and I do believe that that is going to skyrocketing its pricing upward. I think we are going to have some big investors and some countries adopting bitcoin as a mode of payment in some years to come and by then we should expect it to be above $100,000.

In bitcoin everything can happen for it to reach the said price it will take time. If more demands occur on bitcoin their is movement in the market. So many things will happen in the future since bitcoin also use means of payment and ever will have more adoption this will take long and will benefit user.

When traditional financial institutions finally set their sights in Bitcoin, a 100k estimated price target seems minimal because if we compared it to Big companies stocks like Apple (AAPL), we can see it rose "43,000 percent since its IPO" as per this article - https://www.cnbc.com/2018/12/12/apple-stock-is-up-43000percent-since-its-ipo-38-years-ago.html and I see no reason why BTC cannot achieve the same feat given time and mass following.

For bitcoin to reach $100,000, there will have to be significant institutional and/or sovereign buying. I believe the long-term trend supports that price target, but it's a matter of when and not if. We don't know how long it will be before we reach that price. Perhaps the next bull run will get us there. Another thing to look out for is a nation declaring that they will use bitcoin as either a currency or reserve.

I am optimist bitcoin could raised above $100k because with this situation where bitcoin and altcoin still on lower price and how come to make bitcoin and altcoin could raised to higher price?

This is a long call but definitely, a lot of government buying can shot it up. But not just like that. Provide still fluctuates daily . With the bull or ATH of $20,000, if bitcoin had not dropped, it may have moved up higher by half of that price. $100,000 is still a long way to go and as such a pit will have to happen before it gets to half of that. Agreed, bitcoin users and widespread acceptance is getting more and more popular.

the problem with anonymous coins is being anonymous! which means they are always going to be associated with criminals no matter what because of that anonymity that they are offering. and that is a big negative side that may make people think twice before choosing them.
additionally they are not as safe as bitcoin. many of these anonymous coins are not even anonymous! and they always lack popularity so their future is unclear, they may not keep their price as bitcoin does let alone have any rises.

although i agree with the rest of your comment that what OP says is not the main reason for bitcoin rise.

Government backing up Bitcoin and make it public can really boost the price high but since Bitcoin origin is unknown and it can still affect the price since people will doubt of it.

Is that math correct? 1.8 trillion cap does seem (long term) possible.

Take into account let's say 10 more years worth of mined coins, what's total coins in circulation x 100k?

I think this possibility can happen but it will probably take another five years because Bitcoin needs time to reach the price of $ 100,000. Now I will keep 1BTC and look forward to that day.

five years look so short but im not saying that is impossible  . let say bitcoin will reach 7k usd today and then it will reach 10k usd the next day and so on  . if the rise continues  i think it wont take five years to be able to achieve 100k usd  but lets face the reality  .

 the truth is that bitcoin is also struggling to gain a price  . im not expecting a new ath for now because im already contented on what bitcoin has to offer  . i can still earn some income even though its small .

I am not really sure if this makes me happy or not. It's okay if tycoons want to store their fortune in btc because of those reasons and eventually will help btc price reach moon again but the idea that our tech using mixers will cater these embezzler or money launderers should be avoided at any cost.

I don’t think Bitcoin will ever be able to reach the price of one hundred thousand dollars. All these calculations cost practically nothing. It does not take into account the usual psychology of people, which prevents the endless price increase for any product that is in demand. When Bitcoin rises in price, many will be afraid that it will fall again and will want to fix their profits. At the same time they will sell their bitcoins and it will fall in price. You should also consider the possibility of panic. Negative information was, is and will always arise. It will be the main reason why Bitcoin will not grow much in price.

Bitcoin prices will always change at any time and many possibilities can occur, even the price of Bitcoin can reach up to tens of thousands of dollars.
his is not just a dream because when Bitcoin gets more interested, it can make Bitcoin stronger. Public trust will determine the direction of the future of bitcoin.

Well that's some pretty and convincing facts right up there and the safety and privacy of funds alone would surely make these business tycoons and other huge investors buy into bitcoin as an asset making its price moon. But my little worry is that would they not rather purchase from OTCs other than on exchanges which can bring about the increase in price.

I'm not sure that he will quickly reach the price, if at all. He has a rather smooth development, I think. For further development, a popularization is needed, many  people still keep away from crypto and BTC; Thanks for the 2017 year

Well if we put basis on tge bitcoin price from year 2009 to 2019 bitcoin price really rise. Almost 88% of its price. I believe that in the near future the price of the bitcoin will really rise up high soon, but i think it is also depend on the bitcoin market or the people who really trust or used bitcoin as thier investment or asset. I see that bitcoin is already well known and popular and many people really earn on it, it is also the safest investment and it is really profitable.

It can hit that high if more adoptions coming from big businesses that will allow people to use this system for their daily transactions, we don't have the exact date as  all of us are just hoping that it will eventually do the things that we expecting from this industry, if wide usages will take into the place for sure many things will be expected.

Haha, my friend and I even argued whether Bitcoin could get to 6000 before the summer. Trending is still a very exciting business, don't you think?

Bitcoin leveled off as it was in November. amazingly. after its total fall last spring-summer, I had strong doubts about it. The situation is changing in a positive way for crypto enthusiasts.

I agree, to follow the btc course is no less interesting than the game of football. But I prefer to remain rational when it comes to money. The next time you argue with a friend, you can try trading strategies and trading signals on the taklimakan. Then you definitely will not lose

Last year when BTC reached $ 200,00 many analysts made a lot of assumptions and no one was right. How can you be sure?

these are purely my reflections, but maybe the situation is related to the demand that has arisen after reporting the termination of the BCHSV listing?

what is the reason is not so important, but one thing is clear, it's time to buy. It is not known what the next mark of Bitcoin cost will be, but the increasing with every day is clearly visible

Nothing is impossible, prices can reach $19k in 2017, even though adoption has not reached all people in the world and many large institutions or merchants still have not adopted bitcoin yet. Imagine if all of them start adopting bitcoin along with all the people in the world who use it. of course $100k is a worthed value for bitcoin.

If most merchants around the globe would portray a massive adoption of Bitcoin, it could bloom that fast and that high but looking at the current situation of bitcoin and cryptocurrency, it's still quite far and hard to reach that value. There's nothing wrong in speculating but let's just hope for the best.

Of course, everything is possible in life but before we say it is possible, we should calculate and carefully consider the factors that can help something that cannot become possible, and here I don't find any factor that can help bitcoin achieve that goal. The acceptance and support of people all over the world is almost impossible, and even if it can, Bitcoin will still face control from the government, the government will not allow the price of bitcoin to go up too high, they do not want traders to take advantage of it to make money

It seems to me that 100 000 $ for 1 BTC is a real number. Given that the number of Bitcoins is limited and the number of users is nothing small. With the growth of users, the price will increase in geometricalprogression.

True, crypto trading is exciting and unpredictable business.
Also few days ago, i heard to someone who said that in the end of April bitcoin will be reached at $6000, and i told him, No chance to reach on April, but it doesn't meant that bitcoin can't reach, definitely bitcoin will go to up and i also rely on it that in the end of 2019 we will see bitcoin in $10000.

Everything is possible! you can't guess about bitcoin future! same as you! we are also can't predict about future activities of bitcoin, we can create hope bitcoin will going better position then present in future and it's prospective! we hope bitcoin will accepted all over the world in future, then definitely bitcoin will be increase it's value hugely!

Bitcoin at $10000 by the end of 2019 is a very minimal estimate since market indicators points to a bullish trend and I guess it could even surpass its ATH last 2017 that my estimates put it at probably around $20k to 25k price range. And also, the whole crypto market will become more bullish by that period since its nearing its scheduled reward halving which is known to cause a meteoric rise on Bitcoins price. I guess everybody are quite excited about it! :)

Yes. Everything will be possible in bitcoin. It will just take time to make its own price soar high again and will reach high peaks in the future. Maybe for now $100 000 might be too hard to believe that bitcoin price will reach this far but who knows, surprises come when we least expect it. So always believe in bitcoin and be positive that it will be a mainstream in the future.

Obviously all hope that this can be realized when bitcoin avoids high prices, of course it is expected. but when can it be realized with a value of $ 100,000 while the current movement to break the $ 10,000 mark may not necessarily occur later this year. once again in bitcoin everything can happen, this is experience.

I believe that the botcoin will really rise up high soon. But if we say 100,000 maybe this price is too far well there would be a great posibility that we can reach this price bit it takes a decade or many years before we can maybe reach this price. I see that the bitcoin since year 2019 until now is really rising the price rise almost 99 percent of its starting price so we cannot deny the fact that there would be a great posibility that it will reach 100,000$ in the future.

You didnt find it? disappointing, why don't you see the potential for bitcoin to be used by everyone? if the price can rise up to $19k just because the number of users is still several million users. of course the price can be many times higher if regulation in a country is made and mass adoption of all humans? Did you not see the possibility of that factor

I don't believe the Bitcoin price will rise to $ 100,000, it won't even approach that level. I think Bitcoin fans also don't bluff, I think they only cheat themselves. This is called Magic Thought, where someone or, as in this case, many, they can make something happen if they trust them enough. ;D

Being positive with the growth of bitcoin is a must with each and every user. As the acceptance around the world keeps increase there will be more demand for limited supply availability. At times there is some form of FUD which stops the steady growth of the market. From my understanding market will surely grow high when some countries give legal support for its usage.

Personally, there were series of predictions that came in from cryptocurrency communities and big wings in the crypto industry but unfortunately their predictions where not seen at the end of the day. But the beauty of it was, Bitcoin value was increased and find another All Time High of $20,000. For another prediction of Bitcoin to hit $100,000 can be see of Bitcoin achieving another mile stone of $80,000.

but if you only make predictions like this without becoming a supporter by buying bitcoin at the exchange I think it will be increasingly difficult to make the price of bitcoin rise because no one buys bitcoin, there are only a lot who just want to predict.

I agree, the point is that Bitcoin's market capitalization is a drop in the ocean, also considering its properties it will be $100.000 and more ultimately.

With the passage of time, the bitcoin price will increase but cannot tell at the present moment if bitcoin will ever reach $100,000. Even if it reaches this much high, we cannot tell the estimate time frame of when this will happen .  It depends upon a lot of things which includes the current market situation, demand of btc and most importantly the value of dollar in the world.

Well we couldn't be sure of it we don't even know what could happen in the future.
Maybe it could or maybe it couldn't,Maybe before it reach that price a new crypto could replace BTC so we couldn't be sure if it would really hit $100k in the future.

Good point.

There is just one problem again. It will be those owners of trillion of dollars will be the owner of most bitcoins?
Who could possibly believe in a technology like this in this era?
They are still being eaten by the traditional fiat which they cannot ever let go.

That is one of the best reason into why it could never make that kind of price. Too much negativity is encircling in the crypto field. Hell, even our governments are against it.

It is. LOL. The best recommendation for all of us here is simple: do not predict the prices of Bitcoin. Some guys start to believe them, and later, they get a great disappointment.

Lol. If that's something you worry about, you are rightfully missing out on great buying opportunities.

Bitcoin's position in this ecosystem is unmatched and I haven't believed for a second in the last years that a new or already existing crypto could take it over. People keep dreaming about this, but don't waste your time doing so.

The only decent altcoin this ecosystem counts is Ethereum, and while it has a lot of competitors to deal with in the smart contract field, Ethereum won't be replaced by something else. TRON and EOS can cheat their way up faking user statistics on their platforms, but the real money and developers are in Ethereum, and that's what matters.

I also think its only a matter of time before we get to $100.000 for one bitcoins. The Quantitative easing from the central banks alone will over time push bitcoin price up, people will be needing a safe store of value, that the central banks can't inflate.
Best asset anyone cut have bought the last 10 years has been bitcoins, and I think people will say the same 10 years from now.

Bitcoin needs more years to eventually reach the six-figure value and it is just too much to predict that it will occur next year. Those experts who predict that Bitcoin will reach the six-figure this year or next year was delusional without a valid basis to support their claim. People will still choose what's the majority of the people has been choosing.

I also think bitcoin will value way more than is today and yes can reach 100,000$, now at 5400$ i think bitcoin is underevaluated but this happen because most of people sell and also there was a lot of scam and this also cause the drop.

for now, I don't think that far. but, I feel that the development of bitcoin in the future will be very fast, and may reach a high price. for now, I feel the development of bitcoin will be used for the development of the latest technologies. if this continues to flow, I think the price will be even higher.

If we are going to talk about why it should be 100k today than it wouldn't make any sense since it is at the price where people said it should be because market decides what the price of bitcoin should be. If you think it should be 100k soon than that is prediction and we can never really know what will happen to price of bitcoin anytime soon neither.

Nonetheless, if you are talking about bitcoin being 100k "one day" that its just simply linear inflation where everything goes up in a long enough time and it should be going to 100k one day because of the inflation. Look at prices of everything in the world, there are a ton of stuff that went up x20 in price over the years so bitcoin going up x20 after certain amount of time is only expected of it, we just don't know how quickly or slowly it will be.

It is only a matter of a few years before the younger generations who understand bitcoins better than the generations who have most of the money now will have enough money to buy the last cheap bitcoins on the market. A 100k bitcoins are highly possible within the next 3-6 years, maybe even before.

That is a good reason, one of the things that catch my minds is even with the low reputation previously bitcoin could reach 20k, 100k is not impossible but like OP said nobody know and can predict when it could happen, if more governments agree for adoption then it could speed up the process, but price is not the main goal of bitcoin, bitcoin supposed to help people to have a better transaction and help people to get better life

No can predicted the futures happen in bitcoin if the price going to $100,000 is good for us because we are first getting benefits for sure.
But incaee it will not hitted to $100,000 even lower that value is okay for me Im feeling blessed if the value around $50,000 highest before it going to drop.

That is right, price is not the main goal of bitcoin but what we have created in our mindset and out of the system, bitcoin goal is what you have said which really outweighs every other benefits it has, but majority of us are too blindfolded by the profit we are seeing to see the real use for cryptocurrency, which should be the main base for our adoption.

I think anything is really possible with Bitcoin, when bitcoin was $1, who would have ever though that a time will come where it will increase by 20000x, $100000 is just like 20x of the value it is presently, that is just too small for BTC to really get to, we just need very big institutions to start using crypto currencies for their company payment activities.

The more these large companies puts money into the bitcoin market, the higher it will continue to appreciate drastically in its value, I don’t see that happening now, but I am very sure that in some years to come, max 10 years, bitcoin will really tough that price.

If most of the gov't of each country will also encourage people or even won't encourage but they will allow and won't have any prohibition for their people when using bitcoin, bitcoin can easily increase in market cap due to the demand.

It's a matter of time when, we have reached $100B market cap within the bear market and it's still moving forward. If everyone will keep on using bitcoin as a means of payment and store of value at the same time, $100k is an inevitable event.

We won't complain as long as the value will rise.
This market is progressing and the potential of success is huge so we will surely see an increase of price.
$100,000 is a big price prediction but let's believe Bitcoin will achieve that one day, we have a steady price now and that helps attracts inveestors.
We are looking for institutional money to adopt, so they will also bring adoption to ordinary people, we will certainly need time for this.

I very much doubt that the price of any cryptocurrency can be about one hundred thousand dollars. Price cryptocurrency based on the ratio of supply and demand in the market. This market is not material, it largely depends on faith in technology, on good and bad news. Cryptocurrency is not unequivocally perceived by the states and therefore bad news will periodically arise. Human psychology is such that he will always doubt. Weak by faith and this technology will always be provoked by their actions to the fall in the price of cryptocurrency. Considering all this, its price will periodically fall according to the principle of dominoes and will not be able, I think, to reach 50,000 dollars. So these are only fancy pink glasses.

Bitcoin touching $20,000 self is already a blessing to so many people, at first, that will be the main recovery stage for some people, because right now, not many of us are still seeing this stage as recovery stage because of the heavy investment we all did in the last bull run that we are yet to recover from.

If bitcoin touches $20,000 again which I am sure it will, we would have recovered from past debt and still have enough profit from our recent investment, not to talk of when bitcoin reaches $30,000 and even now decide to reward our patience with $50,000, at this price, I would have already climaxed without my girlfriend.

We don't know either if bitcoin price can reach $100,000 and the reason behind that price.
We only know and see that the price can start climbing to a higher price and continue to increase.
If bitcoin is worth, then the price will go to go up someday, and it could break $100,000.
But if the price can reach that price, I am sure that many of us will become rich people in all country and many of us can change our life to a better life.

Its pretty obvious that bitcoin would break $10K at the end of this year. Its seems right now bitcoin trying to break $6K zone. Noticed on Binance it was hit upto 5988 USDT. It was very closed of $6K zone. Expecting breakout within few hours but we might face a small pull back as well. So we can say that it's possible hit $10K on this year anytime. All trend is indicating for bull run, we just need breakout of $6K zone and should stable above. Stability above $6K is most important for next bull run.

Many try hard to also associate Bitcoin with criminals. If one uses the mixers well enough he can reach almost the same result as an anonymous coin and many are afraid of this.
Still Bitcoin is "clean" and Monero is "for criminals". It's not fair and I'd say this happens only because nobody invested enough money into publicize Monero correctly.

On the other hand you're right. These coins don't have the usage test in the way Bitcoin has it, so there can be issues, from not being as anonymous as claimed to even deeper, exploitable bugs.

I did not really understand what you mean.  Are you saying bitcoin will not get to $100,000 one day and we should start trading bitcoin with the major currency like dollars because bitcoin is standing on it own? I think we would only know how bitcoin and an currencies are performing by comparison and trading and not the p2p idea.  Bitcoin most have value and it cannot stand alone.  I love this type of wide speculation and if bitcoin get to $100,000 which I believe one day it is going to happen then We the holders are going to become very rich.

We should not try to reach for 100 thousand dollars right away, that should not even be our "dream". Bitcoin is far beyond a dream now, the days where we said "if I buy from low and then it goes to this then I would be able to buy that" and so forth, this is a real currency now and it has a very big market in the finance world. We are at a very very high market as well considering we are even close to biggest stock markets in the world and worth more than many others, there are nations with stock markets lower than us.

So, we should focus on how we can make bitcoin better, that is how we got back up, not because we spent money on buying bitcoin but we spent money on making purchase of bitcoin a smart decision, investing into companies, investing into projects, investing into adoption those are more important right now.

I believe it can, but that time, bitcoin would have gradually been heading towards becoming a stable coin, there would have been little or no manipulation in the market, or probably we would also have seen some sort of regulations by the government that will make it more reliable for them to convert their fiat and store as as store of value or savings for the future.

And also, before Bitcoin can touch that value, many merchant’s would have adopted cryptocurrency as the major means of payment for the services rendered, while workers would have been using Bitcoin wallet to store their money.

Do you think that people will soon hide their money from offshore zones to cryptocurrency, so Bitcoin will rise in price to one hundred thousand dollars? Very interesting reasoning. There is a certain logic in this, but this is unlikely to have a significant impact on the price of Bitcoin. After all, money is not just displayed offshore in order for it to lie there as a dead weight. Much of them are coming back in the form of foreign investment.
 I do not think that the price of Bitcoin in general will be able to rise to one hundred thousand dollars. People themselves will not let him rise to such heights.

I dont think its possible for bitcoin to become stable because bitcoins nature is already volatile and no one can change it but let say bitcoin is stable , do you think its price can grow up to 100k usd ?  I guess not  .manipulation wont also be removed because this is what whales are earning a profit and manipulation is also the reason on why bitcoin is growing and dumping  . Same as regulations , if bitcoin is regulated its value will become stable  .

it is nominal which is so high and looks like it's impossible. if the price reaches that, then the amount of the transaction fee will be so large. but everything can happen, in the digital currency world there are lots of surprises and turning all the impossible things into reality. never underestimate the power of digital currencies. we must be optimistic because bitcoin starts from an optimistic thing and everyone will not expect that bitcoin prices have reached 18,000 usd in 2017.

I guess it's very impossible if measured from the current development. even ATH from bitcoin is quite far from that price. even though the price of bitcoin has unlimited potential, I feel that there will be price stages so we can reach that price. for now, I don't think too much, and just wait for the price of bitcoin to reach $ 10k.

Why do you believe people would put their offshore wealth on a totally transparent ledger blockchain where when only once their identity gets linked to one of his wallet can reveal it all?  Specially since there are alternatives.

I think it's highly likely that bitcoins over time will reach $100.000 and even go beyond. People already now see bitcoins as a store of value, the limited supply of bitcoins vs the unlimited fiat supply makes bitcoins a store of value as the central banks keep doing new QE, the money printing from central banks and private banks are out of control. So the fiat inflations alone can push bitcoins to $100.000

In general, the author expresses quite reasonable thoughts, but there is a small amendment. Anonymity is not what you can have with very large amounts in bitcoins. In recent years, a huge number of tools have been created to track transactions in the blockchain and financial intelligence, so anyone who wants to invest several million dollars in Bitokin will immediately become visible to those who monitor the Bitcoin network.

People didn't know that they would make so much money when investing in stocks like TESLA or Amazon, but these companies continued to be demanded by people over time. Hence, the stock price of companies has increased steadily. Similarly, in Bitcoin, the higher the demand, the higher the price. Bitcoin's price is completely related to people's interest in cryptocurrencies.

I don't expect for one bitcoin to be at a price of 100k because the price is too high which is difficult to achieve, but at the price of 25k - 30k it is likely to be achieved.

True, but bearmathics says we would never arrive at such number, because the Eliott wave model always predicts a massive crash due to "human nature", and everytime we are 0.5% above the moving average (since gold was discovered) the market will crash. So, according to bearmathics, we would not go above 15k at most, due to "diminishing returns", and since the last cycle gave lesser gains, then this one will not be able to give us more than 15k in a hundred years.

I think it will be happened, if all governments approve bitcoin in their countries, then no doubt in the few years bitcoin will be reached at $100000.
Otherwise, if we hope bitcoin will be come at this price, then we will wait for a long and long time, then may be we will see in future bitcoin has been reached. But still i have doubt on it, it is nearly impossible.   

That's awesome if bitcoin will reach at a brilliant price, but it's not easy for other country's government to approve and implement bitcoin as their currency. One of the reasons why it was being neglected, was due to proper education for their countrymen. Most of them were hesitant to use this type of currency which isn't using any form of physical cash. The virtual appearance can be appreciated only when connected through internet access. $100k is really a dream for everybody, but it still remained unpredictable to what date it's going to hit the target expected price.

Indeed, governments of countries do not have too many plans to join and accept bitcoin, and if they have the approval, the value of bitcoin still doesn't have too much development when the government will not pour money into plans they cannot control. Many people will think that the government does not need help, people can still pour money into bitcoin to help the value of bitcoin rise but the number of people trusting is too low, and the government will always limit a lot of possibilities to participate when taxes and a lot of regulations will be imposed, $ 100000 is too difficult

We never know what will possible to happen next, the value may reach or may not,but eventually it will happen if more investors will push it up and really make a good balance between selling and holding with more adoptions it will be interconnected to the business and government institutions.