Bitcoin Forum

With an ever-growing user base, as well as, development and innovation, Bitcoin is heading towards new heights within the mainstream world. We've already got the Lightning Network in the works, atomic swaps are on the way, privacy solutions have already started taking place (with CoinJoin wallets like Wasabi and Samourai), and ETFs are on the verge of being approved soon. With all of these exciting events, there's no reason why Bitcoin shouldn't rise in price in the first place. I believe that it's very undervalued right now, but with greater demand from institutional investors, prices could hit the roof.

If Bitcoin continues its pace, it could very well reach a price of $100k per coin within 5 years from now. Even if it takes a little longer than that, Bitcoin might still reach that price because of its deflationary design. With everything in place to become a successful cryptocurrency, I'm sure that demand will rise over time.

What's your opinion?  ???

honestly i prefer bitcoin to be like today. nowadays governments are imposing kyc and as much as i and most people don't like kyc it would be better to let governments implement kyc and regulate that market to allow all people to use bitcoin as a means of payment in their countries. We are moving in the right direction, we will not destroy what has been achieved to this day.

anonymity = fights with governments


one day they will be approved, with the SEC constantly postponing, I imagine that only next year they approve


I agree that with the entry of more investors the price will be very high


I believe we can see $ 50,000 in 5 years. I prefer not to believe in too high prices

5 years from now it's a very long way talking about cryptos, this market moves so quickly that it's almost impossible to predict something
If we have a country like USA banning BTC, the 100k will be just a dream, so better to focus in a near future, but always optmistic, no doubt  ;D

I'm here for the long term, but it's hard to make some prediction

Price prediction after years a big task, and this will be done in accordance to the adoption happening around starting from an individual usage to corporate networks making use of cryptocurrencies. None could get a perfect price prediction, everything is a coincidence and there is more chances for $50000 as an user mentioned above. When the value goes higher and higher the governments will restrict the usage which too affects the growth.

With the trend of bitcoin pages that are posting the all time lows, it's possible to see that 5 years from now we're likely to see $100k. I'm sure that I'll witness this great moment in the history of bitcoin.

And what I think is that we've already passed the one of the most crucial year for bitcoin and that was last year. Although I don't want to break my heart again by expecting that much but I'm already set for longer years to hold.

3 years tops and probably way sooner for 100k.

My heart grading me whenever I had about this type of positive views about bitcoin. It is not because I am holding but I feel that bitcoin is still very undervalued and if we look at what we can used this technology to do, $100,000 and above should be it rightful price. I am in the same views with you and 3 to 5 years to come Bitcoin should be able to trade above $100,000 because a lot private’s adoption are going on.

I think potentially we’ll see $100,000 per BTC at some point towards the end of 2021. My reasoning for this is that it usually takes a while for the reduced supply of bitcoin’s (due to the halving) to be reflected in the price. It’s all about the supply & demand - reduced supply & increased demand = MOON!

nod  8)

Many people are waiting for halving. According to the diagrams, after both past halvings, the price has increased for a bout year. One in 2013 after 2012 halving and another one in 2017 after 2016 halving. If the pattern repeats, we should see a new all time in lately 2021. It can be 100,000 or even more. But nothing in the market is predictable. Should just wait and see if pattern repeats.

I think its hard to say, as long as we don't get the permit from government there won't be any mass adoption, without mass adoption the price cannot be too high, even if the big companies adoption but without the government approval the price wont be going too high, so I think we can only hope but to speculate that far is impossible

well halving is not enough reason for bitcoin to climb $100k, although im sure bitcoin will reach that price by year 2024 ,bitcoin on that year is already strong.

2024? Why do you think that? Better to provide some reasons for what you predict. Unfortunately people are just guessing prices for different  years.
Any way, you said you are sure of that. Why do you have such an idea?

Well, it's best to have the support of governments worldwide in order for Bitcoin to reach new ATHs in price. Adopting privacy solutions would make situations worse, for the legitimacy of Bitcoin over the long term. Of course, not everyone agrees with this, since KYC is meant to target people's privacy in many ways. But, it's necessary to pave the way for this to allow governments to legitimize the space. Once this happens, then institutional investors will come into play, allowing Bitcoin to gain a massive upsurge in price within the short term.

Given how strong Bitcoin is in both user adoption, and development, it has all the odds of increasing towards $100k within a couple of years from now. This may sound very optimistic, by the truth is that Bitcoin's deflationary design will allow this to happen over time. Perhaps, the goal of $100k will take a couple of years from becoming a reality. But, it's important to know that Bitcoin will be here to stay for the long term. As long as, it remains relatively stable in price across the market, it can be used more as a digital currency than a store of value. Still though, the current properties of Bitcoin shows us that it suits more as a store of value than anything else. Which is why, I believe that prices will become a lot higher than what they are right now within the not-so-distant future.

Nonetheless, with full-fledged support from governments worldwide, as well as, mainstream adoption from everyday people, Bitcoin will be able to surpass its latest ATH in a jiffy. It's only a matter of time before this happens, since demand is at an ever-growing pace. After the 2017 bull market, the world has recognized that Bitcoin is the ideal digital currency for long-tern investments. By the end of the year, it's hoped that Bitcoin would head back to $20,000 per coin. Just my opinion :)

When the price of bitcoin keep increases the scam attacks also will be increased which might create bad view on cryptos in the next few years if the security measures of cryptos be the same like now in the next five years as well.The knowledge of cryptos also need to get evolve while the price increases then only the real adoption will happen.

my thoughts as well. in terms of retracing the last bubble, the market is already paralleling summer 2016. and in terms of the parabolic structure (on the monthly chart) we could be acting more like early 2017. i'd be amazed if we don't hit $100k in 2020 or sooner.

I'm less optimistic about the time frames people think Bitcoin will reach $100k and beyond. It will only get more difficult to maintain prices the higher we climb up therefore aim at 2030 to have tested the $100k mark.

The price won't continue to go through the same parabolic bull phases endlessly. I'm not ruling out a multi (5ish) year bear market after a decade of constant price appreciation. One more crazy run and the genie is out of the bottle.

People might think I'm bearish but that's not the case. It's just a different (more realistic) opinion which probably won't be received well by the countless moon boys here. Can't please everybody. :)

It could be a mind-blowing how it goes to that high(very). I can't imagine how the crypto market looks like that 5 years from now.
Less fortunate people couldn't have a chance to buy bitcoin anymore and I don't feel that it could be considered as a currency but rather to be an investment. I'm not that too optimistic to see Bitcoin will surpassing $50k in the coming years.

I think Bitcoin has a good chance of hitting (like, peaking) above $100k in 2020 or 2021, whenever this bull market peaks. But yeah in 5 years I think $100k will be a normal bitcoin price, as by that time it'll have gone up there very briefly, crashed, and slowly built back up, sorta the way $10k is for the moment.

LN will finally be useful by then, ETFs will probably be approved, hopefully the UX of actually using bitcoin and LN will be good by then, there should be at least a decent amount of places you can spend bitcoin by then, the financial industry (at least more open minded parts of it) should view bitcoin as a pretty normal investment for a small part of their portfolio by then. Hopefully honestly regulation will get rid of the questionable exchanges so that people feel a lot safer about not losing bitcoin, and hopefully there are some improvements to make hot wallets more secure and just easier in general to use and store bitcoin safely. By then you'll have 25 year olds who feel like Bitcoin is totally normal in society as they've known about it since way back in high school. It'll start becoming normalized in society, especially for the people who are just getting out of college, some of whom are coming out with great jobs and are looking to start making investments.

5 years ago Bitcoin was fringe and had just started to come garner a very small bit of mainstream attention.
Today bitcoin is just starting to get incorporated into the financial investment crowd, is just starting to get viewed as a future store of value by a lot of people, is starting to be used in countries with collapsing currencies, is talked about plenty by governments, in the tech world, in the financial world, and third party apps that allow payment at major retail chains are starting to be released.
5 years from now this will all be normalized for many people. Some stuff will be the same (like the is it more of an investment/store of value or the future of money), and the people who REALLLLY just don't get it will still be calling it a scam or for criminals, but they'll start be looked at as the fringe by then. And a 6 figure price being normalized will reflect this reality in 5 years.

Bitcoin can touch $100,000 even in next year, if the bullish trend will continue, but it might take a decade or two before it will sustain $100,000 or higher. We basically need $100k to be a bottom, not top, and it will take many cycles to get there, and then there's no guarantee that these cycles will continue, halvenings will be less important in the future, and the bullishness can't last forever.

We know that every possibility will come to bitcoin, including the increase in the bitcoin price in the next 5 years. No matter if people out there never think about bitcoin, but soon, they will know by reading or hearing from the other people or other websites. With the growth of technology, people will find out about cryptocurrency, especially about bitcoin because I believe that soon, bitcoin will start the rally to a higher price. And when people know about it, they will be amazed, and that makes them want to invest in bitcoin. But I don't think that many people can buy 1 bitcoin directly because, at that time, the price will be too expensive to buy. Maybe some people can buy 1 bitcoin, but other people could only buy part by part of bitcoin.

It is not impossible. We are talking about 5 years now, if I told you the price would be over 20 thousand dollars you would believe it, however 100 thousand dollars is such a monumental price that people are afraid it won't happen or it would take longer, some people even believe it will never be 100 thousand dollars no matter in how many years.

I am not one of those people and I think 100 thousand dollars in 5 years is a possible price, I am 100% sure it will be beyond 50 thousand dollars and closer to 65 thousand dollars in 5 years but 100 is not out of question neither. It all depends on how well the corporations and big investment banks adopt to new crypto wave by the investors requests, if they cave in and start providing BTC packages as well than its definitely reachable.

True. I have never had a doubt about Bitcoin reaching insane price levels, the problem has always been to maintain them, which Bitcoin historically had a lot of problems with.

If things go well, and I mean really well, the next main resistance (after making a new all time high of course) is the $1 trillion market cap, which would bring Bitcoin to ~$55,000. If we can have the bottom to be the $19,500 level which currently is the all time high, that would be an exceptional move. If we can't even do that things will turn ugly real fast.

I can see the Gold industry try to prevent it from surpassing the $1 trillion market cap for a while as that would put Gold under pressure. Interesting time that will be.

I have no doubt that one day 1 BTC will be worth $100k, but I also agree that such high price can not be held for more than a few days, same as $20k back in 2017. We should also consider that on the way up to $100k a big sell pressure should be expected, some people will be happy with a much lower price and I think that almost everyone will take profits on $30k or $50k.

From today's perspective it is not easy to imagine that 1 BTC can go up to $100k, but this is only ten times the current price. But I also think that something big will need to happen to start next big bull run, and next halving is not end of Bitcoin mining or anything like that.

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In what way they are trying to achieve that? Does the gold industry really consider Bitcoin a major threat? I doubt gold can be in some way endangered by Bitcoin, at least not in the near future.

Take now and 5 years ago (no ath or dip to top). This is a 1600% increase. So in 5 years 160k would be possible.

If you take the ath of 19k an 5 years back then you het something like 15000% which would make 2.85M in 2022 possible.

So 100k is not a far stretch at all... even though it feels ridiculous...

I would even say that it will certainly happen in 5 years.

That's certainly true, mate. After all, crypto's movement is price behaves much a like a rollercoaster. There will always be ups and downs. But, I believe that a new bottom in price will be established within a couple of years from now. The scarcity of the Bitcoin supply, as well as, increased mainstream adoption (because of the Lightning Network and other features), will allow Bitcoin to reach new ATHs in price. It's evident that many people who bought Bitcoin during the bear market of 2018, will sell most of their coins within the next upsurge in price across the market. This would trigger a decline in price across Bitcoin and other leading cryptocurrencies, at least in the short term.

The bright side is, that Bitcoin will retain its value no matter what. As each halving event takes place every 4 years, Bitcoin will rise in demand like never before. I believe that even after all Bitcoin have been mined, miners will continue to support the Blockchain (as they'll earn from network fees instead). By that time, Bitcoin's prices are expected to be a lot higher than what they are right now. Something like $1m per coin within 2100 (the year where Bitcoin mining is expected to end) seems like a most likely target.

Nonetheless, with the fast-growing pace of Bitcoin, the goal of $100k per coin might reach sooner than we've thought. So many exciting things are yet to come (Lightning Network, atomic swaps, etc) which I believe will increase mainstream adoption by 100%. In the meantime, we should buy and hodl Bitcoin as much as we can while prices are still below 2017's ATH of $20k per coin. You'll then see your investment multiplied within a few years from now, without much effort from your part. Just my opinion :)

regulation won't make 3rd party custody safe. japan is a case in point. these "licensed" exchanges were hacked for $32 million and $60 million worth of crypto, respectively:
https://www.coindesk.com/japanese-exchange-bitpoint-hacked-by-32-million-worth-in-cryptocurrencies
https://bravenewcoin.com/insights/shock-hack-of-licensed-japanese-exchange-zaif

tighter regulation and licensing schemes might reduce exit scamming, but i have my doubts exchanges will be much safer overall. people just need to learn to be their own bank---that's the bottom line. hackers are always one step ahead of the exchanges, and regulators are years behind everyone.

so far, I have not predicted that far. I'm just looking for news about bitcoin developments that will occur this year, and next year. there is no sign of information that shows that an increase in the price of bitcoin can reach that price. to reach the price of $ 100k requires enormous support from various parties. of course, the price of $ 10k to the price of $ 100k will not be easy. so far, the information that I have gotten is also a collection of negative information from bitcoin.

Yeah, but I believe that the potential of bitcoin can reach a high price. if it's within 5 years, I think, there will be support, and greater potential, which could make the price of bitcoin approaching the price of $ 100k.

I think regulations can definitely help. Not saying hacks won't still happen, but I think regulations would get rid of the questionable exchanges. Also it is still early days. Regulations will need to improve as safer ways to hold bitcoin by exchanges and better safety measures are realized. Regulations can force exchanges to follow best practices as the continue to evolve and get better. It's not a cure all, but I could see it improving Bitcoin's image a lot if its not full of tiny questionable/scammy exchanges that are easily hacked, and if the bigger exchanges that still exist are held to very high standards of security and audited regularly about their security.

Why will almost everyone take profits at $30k or $50k? Why not $80k? why not $100k? Why not $120k? You're just making up a number. Anyway the bull market will end whenever the price stops being supported. I very much doubt it will be as low as $30k or $50k, I think around $100k is more likely going by the size of past bull cycles, somewhere around $100k seems like a reasonable next peak, but we'll see. Though only doubling the old peak to 30-50k would be a remarkably small bull market.

Bitcoin is anything but reasonable. Nobody has any idea where the top is. A lot of people are extrapolating based on past cycles and predicting diminishing gains, smaller and smaller bull markets. I'm not sure about that myself.

Even if the next cycle were only half the size of 2017, we'd be looking at $150K+. If we matched 2013's magnitude, $700K is on the table. If Bitcoin adoption is actually an S-curve, these numbers could be off by an order of 10.

This is more truthful than those 2 post above that saying bitcoin reaching $100k in 2020 and in 2021 ,it’s too early to expect such growth when we all knew the governments are still not able to support cryptocurrency (of course not all but majority)
We are all eager for this growth but we are also aware that this is impossible these soon

Lol 😂

Never expect too much so you won’t fail that much,remember that cryptocurrency will only progress if the governments support or allowed the usage in each country’s but until this happens be contented enough that we are not in bearish market now

Sure, that is exactly what we need regulations for, if we can get government to regulate exchanges, we will not find any fake exchanges again in the market because many traders, users and investors will pick their exchanges based on the ones that has been authorized by the government, and these authorized exchanges will be very careful in the way they handle their platform and also the way they list projects so they doing get backlisted.

Regulation will also make government to try to at least investigate into some of these scam that do happen instead of the way they are just folding their harms now, not doing anything about it because they are not in full support of it, but I believe that we will get to that stage actually where we will have a clean market.

This is one of the top realistic price I have seen so far.
$100k in the next Five years is simply worth it and its very achievable.
But on the other hand the too much involvement with the higher authority is what we should be skeptical about. ETFs regulations is a good thing but what about the negative impact it might bring.

Those hurdles have been plaguing bitcoin for years. Bitcoin has survived every situation. Bitcoin is versatile.

Bitcoin has done well even back when it was worth a few hundred dollars. It was being used as payment tool more often than is the case right now. Even without governments "support", Bitcoin will work well.

People think Bitcoin has to be worth a lot to succeed, but it can work just as easily without being worth a lot. Satoshi even said that there in the future will either be a lot of transaction volume or no volume at all. Very striking.

Bitcoin can have a lot of transaction volume without being worth $50k or $100k. People nowadays however don't care about transaction volume but judge Bitcoin by its price action.

There’s a chance for this trend in the next five years, and there are so many reason for bitcoin to pump and reach this level. The $100k is easy if the mass adoption begin in the next five years and if the recession also started to begin. If bitcoin succeed on the next halving and future development, we can go beyond that level.

100k for 5 years is not realistic for me. Fiat currencies like dollar which happens to be a generally accepted currency (at least majority accept it) is still in use, I don't see bitcoin rising up to that. The dollar is a very strong competitor to bitcoin, some people who are yet to adopt bitcoin, still prefer to keep their money in dollar.

Would you really hope for that to happen? That 100k?
You have been here for quite some time, from ups and down and all the waves that came in with bitcoin.

Is a high amount in value really the positive for bitcoin or will it just wreck the technology that we are savoring by now?
Yes it could happen but will it be a strong impact that it could preserve that price?
We have been to an all time high of 20k USD per bitcoin but sadly it went down in just a manner of time.
This kind of event could happen again and it wont be funny anymore.

When you ask this question on 2009, will bitcoin reach more than $ 1000 / coin ?
The fact was happening !

So about 5 years for now ?
If you keep believe on crypto, it will happening !

Exactly what I was thinking,,, everybody was saying even in 2009 $10 was a silly dream, not to even talk about $1000. But it happened! It took many years but it happened.

So when we think about 100k is impossible, is it really when ATH was 20k? Is it impossible to grow x5? For sure not,,, but when it will happen? This is what everybody is guessing about!

Honesty it would be silly for us to think it can never be possible, it is possible but all depends on how fast the growth of bitcoin adoption can be within that space, I understand that there were many doubts surrounding its growth too in tat 2009, but people were still investing heavily, and gradually as they were investing, the value was increasing till it grew to this stage.
 
If you look at 2009 till now, nothing much as change economically, the same amount we do buy things then is what we still buy now, some people are still earning same salary as of that 10 years ago, so it would be lot easier to accumulate bitcoin then to make it achieve this value than what it will cost now to achieve bitcoin. Bitcoin is not that cheap to accumulate large quantity that will make the value to quickly grow that high within 5 years except maybe we are having influx of large financial institutions in the market.

In hindsight it's always easy talking. I quite often see people say that they wish they knew of Bitcoin back in 2010/2011 so that they could go all in and be filthy rich now, but that's not how things work.

Most people back then just put a little bit of their money in Bitcoin to see where it goes-- money they didn't mind losing, which was a very realistic outcome with how Bitcoin was just a geeky experiment without any fundamentals.

I'm sure that even if people knew of Bitcoin back then and bought around $1 per coin, they very likely would have sold everything on the way up to $5-$10. Not many can resist the temptation of cashing out such profits.

Exactly. Prices tell nothing about a cryptocurrency's success within the mainstream world. What really tells if a cryptocurrency is prominent or not, is the number of developments achieved and its transaction activity. The fact that most people associate pricing to the success or failure of a cryptocurrency shows us that the general public is largely misguided about the world of crypto. Despite these facts, a higher price for each Bitcoin unit will prove to be very beneficial for its investors. Bitcoin is one of the most unique (if not the most unique) assets in the world, where it can be used both as a store of value and a borderless payment system for daily transactions. 1 Bitcoin will worth the same in crypto land, no matter what its price will be in terms of USD.

Still though, the opportunities of profiting with Bitcoin rise even more as prices reach new ATHs on the market. It's the dream of many crypto enthusiasts to see Bitcoin become the world's most valuable asset, as it brings a lot of attention from the outside world. With higher prices, we obtain greater demand (and higher usage of course) being extremely beneficial for the cryptocurrency's longevity within the mainstream world.

While Bitcoin and other cryptocurrencies are largely unpredictable, we can have an idea of how much a coin will be worth because of its limited supply and popularity. Bitcoin being a volatile cryptocurrency over time, is one of the most limited cryptocurrencies in supply with the most popularity in the mainstream world. Because of this, it's likely that Bitcoin will reach new ATHs within a couple of years from now. The target of $100k per coin seems fairly realistic considering that the Lightning Network, atomic swaps, and several other features are underway. Once the bull market of 2017 repeats itself, then you could expect for prices to gain traction within the shortest time possible.

Nonetheless, I believe that the time is right to buy and hodl as much Bitcoin as you can before prices start rising like skyrocket. This could take 5 years or even longer, depending on people's adoption within the mainstream world. Whatever the price will be, Bitcoin is here to stay for many generations. Just my thoughts ;D

Price wouldn't change the technology at all, it would in fact improve it a lot as well. Look at the 20k time, we have seen that before and the transaction costs went up a lot so we moved to segwit and right now segwit is not supported by all people but only some however even with that number we have broken the highest transaction day ever and never felt the increase.

It means because of 20k times we are at 10k right now but much much better in transaction fee's. That is just one way it improved and we can clearly say that if we reach 100k we can become even better in the future, lightning network could get adopted much faster and we may find better ways as well. That is why I think price wouldn't affect the technology badly, it would actually improve it.

I think we can see how successful bitcoin became from the investments of old money into the new money, we can see that big huge corporations buying smaller crypto related ones.

I am half expecting coinbase to be bought by a bigger company as well, poloniex and circle was bought in 2018 as well and there was hundreds of millions of dollars invested into these companies too which than returned as bitcoin going up in price because the infrastructure became better as well.

So, the more money that goes into bitcoin indirectly means the more price will eventually increase because these people know how to invest unlike all those many people spending millions of dollars to get some new token on some ICO. They actually buy out some portion of crypto companies even sometimes all of it.

If we can continue institutional money coming into the crypto ecosystem then we can actually become really good. What is the number one obstacle between right now and global adoption that makes everyone constantly use bitcoin?

It is many things but the real reason is ease of use for credit cards versus bitcoin, you can literally only touch your credit card to the POS machine and you just paid, so bitcoin payments need to become that easy as well, if we can get that plus we do some marketing about it as well we can get super mainstream too. That requires money and I mean real amount of money, not just angel investor money, I mean google money. For that to happen we need big tech companies to start investing into crypto companies to turn this into a reality.

cryptocurrencies are predicted to be mass adoption in the future, we all know that the concept of cryptocurrencies and the blockchain technology that is transparent, fast and secure is what is needed by the world today..  so, mass adoption will definitely happen.

absolutely, we need not doubt that in fact, many questionable things will happen.  if the question is "whether the price of Bitcoin will be $ 100k in the next 5 years", then we must be sure that that will happen...  I personally believe this ;D

I think 100k for each BTC is very plausible in the near future. According to the regression analysis price prediction, in 3 years BTC will top at the near 100k USD.
There are also some price prediction methods that shows BTC price can go even higher in 3 years.

Would I say that they are really misguided, I think they know the truth about cryptocurrency too, but they just want to hold on to the part that favors them more, you see In the world, we are lovers of money and when we see a system that can generate money, we cling more on that system and forget other additional benefit.

The store of value that we used it for is supposed to be the additional benefit of using bitcoin and not the main benefit, but hardly do we see majority of us using it for its real case, and until we really get to that point where we will accept bitcoin for its payment system before we can really get the concept of crypto right and that is when we can enjoy the financial transaction freedom that accompanies the use of it.

When we make a price projection, let's always use the long period price history so we can make a long term projection realistically.
That $100K in 5 years seems so realistic from the current price now of almost $10K.

Based on the market trend of BTC, it was capable of increase x10 in less than a year, therefore that average of 100% increase per year is very conservative, therefore I will agree with the prediction, we might be able to sell earlier than the projected year because it's possible a bull run will come in less than 5 years from now.

We can't just take a look at bitcoin to decide this, bitcoin may look like there is a huge upside potential but that doesn't mean the world economy has that. When everything goes badly in a world crisis than bitcoin goes bad as well, you may think that something like 2008 crisis where dollar loses value would make bitcoin go up, but are we really sure we want that?

If the price of every good in the world increases 50% because of a world financial doom, than increasing price of bitcoin wouldn't be your profit, it would be a necessity to keep your moneys worth around the same. Hence in  years if bitcoin reaches 100k, pray that it is because bitcoin is good not because world powers collapsed because of some idiotic politician fight they are having right now.

We're seeing that happen with Gold as we speak. Gold has hit new all time highs in various fiat currencies, yet the increase is somewhat meaningless because it's just the fact that the loss in purchasing power has gone down a lot. Put the Gold charts in USD against the Gold charts in AUD and you'll see it right away.

The same has happened to Bitcoin's price and volume in VES. They keep increasing because that currency keeps losing purchasing power, but when you put the price and the volumes against the USD, you'll see that there hasn't been any growth at all. People here keep rehashing how well Venezuela is doing without taking into consideration how much that currency lost in purchasing power.

That looks super long term though. Like 5 years is infinite amount of time in bitcoin world, we have been alive for 10 years right now and we already broke 20k at one point, so it is totally viable that we can break 100k in another 5 years but that is like half of the time bitcoin has been in existence as well so its super long term.

Maybe we should focus more on 6 months to a year in long term, when I talk long term its almost always maxed at 1 year from now. That way we can make more realistic approach that we can foresee and that is the important part for me, to be able to see ahead, I can't see 5 years ahead but I know what we are expecting in the next year like halving and a cost of mining because of it which would result with people selling for more expensive and that causes  the price to go up.

Let's hope that Bitcoin reaches a new ATH in price within a couple of years from now. From what I see, Bitcoin's been doing great over the past days, despite being stuck within the $10,000 - $10,500 range. At times, Bitcoin goes below $10,000 but it has managed to bounce back in price. All the world is waiting for Bitcoin to get past its latest ATH of over $20,000 per coin. I believe that what has kept back Bitcoin from rising in price is the delay of futures/ETFs approval by the SEC. We need institutional investors in the scene, otherwise there won't be much demand for the cryptocurrency. Not to mention, scalability is a huge concern for the longevity of the Bitcoin Blockchain.

With the Lightning Network on the works, it's hoped that it would trigger a boost in Bitcoin's price within the not-so-distant future. Once people realize that it's widely possible to send transactions at near-instant speeds and low costs, they'll use Bitcoin's Lightning Network on top of other cryptocurrencies within the mainstream world. But for this to work, not only it's necessary to properly market/promote the Lightning Network, but also it's necessary to provide a stable network for the whole world to use. Right now, the LN is relatively unstable which may take some time before developers release a solid version of the same. In the meantime, people will continue to use other cryptocurrencies which are far scalable than Bitcoin such as Bitcoin Cash and Ethereum.

Nonetheless, with a slow and steady pace of Bitcoin's ever-rising market dominance, it could very well reach a target of over $100k within 5 years from now. Everything will depend on how long will developers take on delivering a complete version of the Lightning Network that's stable enough for mainstream use. Once that's done, then there's nothing stopping Bitcoin from going full-steam ahead towards new ATHs in price. Just my opinion :)

considering the present state of bitcoin, i find it very difficult to assume as long as five years time, mind you $100k is not a small deal and if it be, hope it won't affect the world economy as unto inflation, seeing every bitcoin user as embodiment of wealth. Five years from now is still quite sometime to watch.even though with your speculation you are giving further date.

According to history of btc volatility TA i think it should happen sooner. And i think 100k is pretty conservative number. I am expecting a waaay higher number.

I don't think the further development of Lightning will matter much with how the price hasn't ever pumped or dumped because of Bitcoin's fundamentals.

Even with a 'complete' version of Lightning you still need people to use it, and then even when people use it there might not be much of a reaction to the price. It's going to take multitudes of years for the speculative nature of Bitcoin to damp down and let fundamentals and utility actually play a role of importance.

I am actually more looking forward to the implementation of Schnorr because that directly offers an on-chain benefit to everyone using it. Merchants can easily consolidate their inputs at a fraction of the cost instead of paying up for every single input right now. This is a very big deal and it also contributes to more privacy.

Better could not have described it, I also think, it can also be added that due to some economic problems in countries of South America, they have given freedom for the use of Bitcoin, which is an additional demand and that contributes to the price increase .And with the amount of news that has been generated lately in many countries, that those people who did not know this world, will begin to be interested and begin to integrate into the market, the number of negotiations and volume can increase in the same way.

Not enough people care about it to have it weigh in. Also, most people think of LN as something still in development and that it needs many more years to finally launch so that we can use it.

It will take off once exchanges start to expose their users to it by accepting LN deposits and withdrawals. Given how low the liquidity is, and how small the amounts are that you can move back and forth, this is going to take years.

By the time LN is no longer the beta version that it is today, we might already be using another second layer that is much more effective and way less convoluted to get into as average joe.

Good point. There is still adoption needed for the Lightning Network to succeed in the long term. Even with an unstable release of the same, people haven't used it as much as the main chain. We already have several LN wallets (like ZAP and ACINQ), as well as, LN nodes. People can make use of the Lightning Network in its current state in order to send transactions at the least time and lowest costs possible. But I'm afraid that there hasn't been enough marketing/promotion to encourage people to use the Lightning Network every step of the way. Still though, as mainstream businesses and startups adopt the Lightning Network, people will make use of Bitcoin's Layer-2 scaling solution without even noticing it.

Once people realize the true benefits of the LN, they'll prefer it on top of other altcoins on the market. However, we cannot hide the fact that the LN is not an all-in-one solution for scalability. I believe that improvements like Schnorr Signatures, and even a small block size increase will allow Bitcoin to become highly scalable for the world. Only then, demand will rise leading Bitcoin towards new ATHs in price. As of today, Bitcoin has remained within the $10,000 range across the crypto market. We're still far away from experiencing a price of over $150k per coin. But with due time, I believe that Bitcoin will become much more valuable than what it is right now.

Nonetheless, if the crypto industry continues to grow at an unprecedented rate, then the target of $150,000 per Bitcoin within 5 years from now seems to be viable. It's all a matter of time before institutional investors, and ETFs make crypto a better place. Just my opinion :)

5 years ? With huge mass adaption of bitcoin i think after  2 to 3 years price could be more than $100k and also insert the upcoming halving it will help bitcoin price to increase

So tell me what you think would be responsible for the mass adoption of bitcoin within the short period of time that you have speculated? The level of adoption is still very low, and government is yet to regulate the cryptocurrency space. ICo that would have encouraged investors are discouraging them and scaring them away from the cryptocurrency space generally, the last ATH that people invested in is still yet to be hit and the moment bitcoin climbs to $20k, the bears will surely come in because some of them had their investment locked up in that figure you see there.

So that 2 years to me is not a reasonable one, I think the 5 years of op is more reasonable because by then, the cryptocurrency space would have grown large and many governments would have probably regulated it.

$100k could be hit next year. $50k will get hit  8)

If that ever happens the price will be far past 100k I imagine but thats not a given.   Long way to go yet, every rise in price will likely see a wave of selling also so its hard to predict that reaction along but the underlying figures of population of BTC users is probably alot more reliable to try and anticipate.
   I dont expect mass adoption of Bitcoin by the general population within 5 years unless they have no alternative and I think there is plenty alternatives still.   I base that opinion off working in tech support and finding the vast majority of computer users have no interest or inclination towards the product just a requirement for the machine to help them; so I think BTC must be more seamless in its implementation.

The real problem is how to get a huge mass of people to adopt Bitcoin so that the years needed to see $100k will take a short time instead of waiting for 5 years. But we don't have to remove the possibility that it might take 2 to 3 years in order to see the $100k since Bitcoin price is always unpredictable.

I wouldn't be surprised if Bitcoin touches $100K.  But We can't tell when it will reach $100K. This can be happened in next year or after 5 years. We have to wait and see how bitcoin reaches another milestone. For now, I am expecting Bitcoin to hit $20K as soon as possible. Bitcoin is stable at the moment but I cant wait for another bull run and hit at least 20K within this year.

Bitcoin is miles away from 100K. 5 years is a long time and its not impossible. I will be also waiting like others.

Very optimistic prediction and pretty much exact too. I.wonder how you manage that, probably with cristal ball.
It's impossibe to predict Bitcoin price development even in very short period of time and 5 years period in term of Bitcoin is very, very long time.
And I don't see how Bitcoin price and dollar inflation are connected.

If we do not get any major stepbacks then it is totally doable, I mean it is bitcoin after all and we all know it will go up and continue to go up as long as nothing bad happens. Its something that has gone up for the past 10 years consistently without much of a big fall on the bottom line.

Even in 2017 when the peak was 20k, the bottom was 700 bucks which means every single year had a better bottom line than previous year. So, 100k in 5 years is quite a brave estimate but totally possible, it has been coming for a long time, I would like to see the 1 trillion dollar market cap first, that will be a huge major milestone for all of us, nobody really cared when we broke 100 billion dollars but that was a huge deal as well, lets hope for that 1 trillion dollar marketcap and then make sure the whole world knows about it afterwards.

Exactly. We need more time for regulation, as governments are still trying to figure out how to properly legitimize the crypto industry. Because of crypto's uncertainty, institutional investors have become afraid of joining the space. A proper regulatory framework for crypto and Blockchain technology, would allow these investors to feel confident that their investment is protected by the government (like it's the case with stocks). While regulation is in the works, Bitcoin and other major cryptocurrencies are already adopting new technologies to scale for the world. It's a matter of time before the Lightning Network, the Plasma Framework, and Casper PoS + Sharding become robust enough to greatly improve decentralized cryptocurrencies like Bitcoin and Ethereum.

But all of this will take some time before it becomes a reality, as things do not come over night. A lot of effort needs to be taken for crypto to reach new heights in mainstream adoption. As such, I believe that 5 years is a reasonable time-frame for Bitcoin to increase towards astronomical levels in price. During this period, developers will be working hard to improve the LN in order to launch a stable version of it for the world. Additionally, privacy features like Confidential Transactions and Dandellion Protocol will be implemented across the Bitcoin Blockchain soon. And last but not least, LN's atomic swaps feature will disrupt the way we trade our crypto, resulting in greater demand for Bitcoin over time.

Nonetheless, as Bitcoin improves over time, it'll become much more attractive for people within the mainstream world. As a result, prices will increase like never before leading us towards the goal of $100k in no time. Until then, the target of $25,000 per coin seems to be much more closer than we've thought. Perhaps, by next year, we'll be able to experience a slight increase in Bitcoin's price across the crypto market. Just my opinion :)

But knowing how the market operates, it very hard to see not seeing minor/major setbacks along the way. Just in the last 48 hours we have seen price correction bounce back model.

First block halving bottom is around $2.xx and second block halving around $6xx.xx then we peak at $19xxx.xx in 2017. And this year prior to halving is $3,xxx.xx so the possibility of another all time high is very good, it's just the questions of how many days are we going to reach in after the last bottom of December 2018. We almost made $1 trillion during the growth in 2017, but it will be interesting to get to it once a full blown bull run happens in the future.

5 years is a very optimistic approach for 100k , if it was 10 years I would agree but 5 years is just too soon. Could it happen? Surely it could, this is bitcoin and we have seen so many great things with it but aside from it I doubt it will happen that quickly.

Probability and possibility are different things, probability wise it could probably not happen however possibility wise it could possibly happen. So what we are asking here? Are we asking if it will probably happen or are we asking is there a possibility of it happening? Looking at the topic name it says "will" happen which is probability and I doubt that, don't get me wrong I am a bull guy as well but that doesn't mean I would expect that much from bitcoin right away, I would just expect a bit lower, 50k for example.

It's going to get harder to reach new highs the larger this market becomes, so it wouldn't surprise me if we at one point have a period of 5-10 years between bottoms and highs, similar to how boom and bust cycles work in legacy markets.

I don't think that we're at that stage yet, but after breaking $20k and making higher highs, the process of bottoming out afterwards will be painful and slow, where a new all time high (if ever) will also take a very long time.

That was the whole crypto market cap. Bitcoin itself peaked around $320 billion IIRC. Most of the tokens that helped inflate the total crypto market cap have lost a lot of their value and will most likely never reach their high again.

This year getting to $20k to me looks impossible not because bitcoin can't increase to that though but because nothing to cause the move. 100k is possible in my view, within 5 years we can have something to move it.

Moreover, for 20k this year is unlikely to be achieved. Indeed, there is still time to hit at the end of the year, but if there is a surge that occurs maybe at least it will touch 15k but that is also still doubtful because it seems like there is no higher increase until the end of the year. Growth indeed continues and we do not know what will happen until the next 5 years, high prices do not become the main I think because the most important is the existence that is expected to be better and be a concern in the world.

I don’t think that we will ever ever see the price of bitcoin at one hundred thousand dollars. If this happens, which I deeply doubt, then for a very short time and with very large negative consequences for the entire cryptocurrency.
We already saw what happened to the cryptocurrency market after Bitcoin reached a price of about $ 20,000 at the end of 2017. Panic among investors will begin much earlier than Bitcoin can reach such a high price. Bitcoin, of course, has not yet been fully studied in this regard, however, the usual human greed and just fear for their invested funds will prevent the emergence of a high price for any cryptocurrency. Theory is theory, but practice will always make its own adjustments.

In cryptocurrency investing,there’s no good if we will rush everything since this is designed not just for today but in the next couple of years
5 years is enough for bitcoin to even reached more than$100k
When we reached $19+k in 2017 everyone thought it will continue growing but suddenly the following year brings us nightmares so with this 5 years chance I think possibilities are always there

We haven't had that kind of increase in mass adoption for years and we can't expect it to suddenly happen now. Sure there is always a possibility but we can't make our predictions of bitcoin price in the possibility of a mass adoption, that is just very thin to hold all of that load.

I feel like bitcoin price could be $100k in 5 years only if everything goes perfectly well according to the plan, otherwise there is really no way it could reach those prices. If adoption continues, if price continues to hold high, if there are more investments into bitcoin companies and not just bitcoin, if there are new stuff keep coming up every month, than yeah sure bitcoin could go there but like I said in order to have that we first have to have no bad things going on.

$100K will be possible if Bitcoin will be commonly used around the world for direct spending but if Bitcoin will just depend only on pure investment then it will be impossible to hit that figure because the more Bitcoin become more expensive then the more it will become difficult to purchase by the small time investors which are majority in the crypto community. 

   We can compare usage this days and from 5 years ago. Bitcoin user base is growing and more people will join. I believe that Bitcoin price
can reach 100k even sooner that most people think.
   No matter how expensive Bitcoin is, we don`t need to buy whole Bitcoin. You can buy as little as you can, now buying Bitcoin is investing
in the future, but time will come when we will be able to use Bitcoin everywhere.

that's for $1 million and more price levels that we need that kind of mass adoption that you have in mind. otherwise for such low prices such as $100k per coin we only need a small adoption heading towards moderate one. it will be the continuation of the rise that we had so far and it will most probably be reached by the end of 2020 as the halving hype also helps fuel the next rally.

Completely agree with you, mate. It's becoming harder for Bitcoin to get past its latest ATHs after a long-standing bear market. Right now, it has declined considerably in price going from nearly $10k to just $8.3K in a matter of days. We only have a few months before the end of the year, and looking at the current market trend for Bitcoin, it seems that it might take a little longer before it gets past $20K. After Bitcoin crosses the goal of $20k per coin, then I would expect for it to continue a positive uptrend in price for at least a couple of months later. Everything will be the same as 2017, where prices kept rising towards new ATHs in price.

Perhaps, 5 years may be a short estimate for Bitcoin reaching $100k after all. That's because price movement is rather slow, than we've ever thought. We need something that would increase demand for Bitcoin within the mainstream world. I believe that the Lightning Network will help with this, but without proper marketing/promotion, everything will be the same as it is right now. Mainstream crypto companies like Coinbase and Binance, would need to adopt the Lightning Network at a large scale in order to attract people into it. Only then, demand for Bitcoin will rise at an unprecedented rate like never before. In the meantime, while prices are still low, it would be best to buy as much Bitcoin as you can with your Fiat currency of choice before it's too late. I have a feeling that this opportunity will not last for long as institutional investors come into play within the not-so-distant future. All in all, we should be prepared for the next bull market which could happen anytime. Just my thoughts ;D

I have no doubts that we will eventually reach that price, what I do not know is if it is going to happen during that time frame, but at least to me that is not important because I'm willing to hold my coins for as long as I need to in order to get the results I want, but that doesn't mean that bitcoin cannot surprise us and reach that price during the next five years, if you had asked me at the beginning of 2017 if bitcoin will reach a price close to 20,000 dollars I would have said no and yet it happened.

Everything is possible in the cryptocurrency market. We have seen Bitcoin reach $ 20k in 2017, 5 years is a very long time so it is possible for Bitcoin to reach $ 100k. Perhaps at that time a lot of people on this forum would become millionaires

I agree with you
5 years is a long time , where lot of changement can touch bitcoin (positive effect) like acceptance of ETF
in 2017 bitcoin rise 20k and no one was expect reach those prices
with level 100k  same thing can happend 

Agree. So many things could happen within a time-frame of 5 years from now. After all, the Blockchain industry improves exceptionally fast over time. In 5 years, it's hoped that Bitcoin's Lightning Network is ready for mainstream use delivering instant, and cheap micropayments worldwide. This will create a level of demand that's never before seen since 2017. People will buy Bitcoin in mass, as it'll become an extremely versatile cryptocurrency in the future. A target of $100k per coin would be largely possible within a couple of years from now. Even many experts have predicted that Bitcoin will reach $1m soon. Everything will depend on the level of demand among people in the mainstream world for sure.

Nonetheless, with enough patience and dedication, early adopters (like you and me) could obtain greater benefits within the future. On the other hand, newcomers into crypto might sell their Bitcoin during the bear market. Once Bitcoin's prices get past $20k, then I'm sure that people will gain the sentiment of "FOMO" once more. The target of $100k seems more closer to us than we've thought. Just my opinion :)

Bitcoin potential is yet to see new high they are many price predictions in the market like 30000 dollars and 100000 dollars probably we may see new alltime high in the coming future

But the sudden drop right now makes people doubt about the future price of bitcoin and they are still panicking because the price can still go lower than expected. We see the pump before and its hard to achieve new ATH if bitcoin continues to behave like this. We can reach higher price maybe in the next 10 years of bitcoin or more but let’s hope for a big pump soon.

It is totally possible that after 5 years bitcoin reach 100,000$. Even bitcoin is very volatile there is a chance that bitcoin reach that price and as you can see some professionals predict that after this year the price of bitcoin might pump up to 1,000,000$. Maybe we should hold our bitcoin and wait for 5 years and let's if bitcoin truly hit the price of 100,000$.

No one knows what exactly will happen with Bitcoin's price within a few years from now. Even experts have seen their predictions fooled by wild fluctuations in price. While this is true, it's evident that Bitcoin will become valuable over time because of its deflationary model. As it tends to become scarcer every 4 years, demand will rise across the crypto market. We just have to be patient in order to obtain good results over the long term. Being desperate for money will only make matters worse.

As for the $100k goal, I believe that it could easily become a reality within 5 years from now. Considering that Blockchain advances at a fast pace, 5 years is a lot of time for Bitcoin to improve into a scalable cryptocurrency for the masses. With scalability, comes massive demand as people will be using Bitcoin just as they would with an ordinary Fiat currency. It's hoped that the Lightning Network would bring a massive boost in Bitcoin's adoption within the not-so-distant future. Right now, prices are fluctuating between the $7.5k - $9.6k goal probably because of market manipulation by whales. Once the real bull market begins, you could expect Bitcoin to reach a slightly higher price than $20k (2017's ATH) paving the way towards $100k in a matter of months.

Nonetheless, time will tell us whenever Bitcoin will truly be able to soar in price or not. ETFs and futures may prevent Bitcoin's price from increasing any higher in the long term (due to shorting). As long as institutional investors come into play, we'll be able to see money pouring into the pioneer cryptocurrency within the upcoming years. Just my opinion :)

We do not really know what it is going to happen, while now we accept as fact that bitcoin came close to the price of 20k back then you would be hard pressed to find too many people that predicted the price of bitcoin could grow to those levels that fast, even the current prices are incredibly high to me, so 100k in 5 years is not outside the realm of possibilities but I admit that it will not be as easy as some may think but even if that happened in 10 or 15 years that is fine with me since I prefer to hold my coins anyway.

Well it is indeed possible but giving a time-frame of only five (5) years? I doubt that reaching that kind of price will happen in that given time-frame. I would say that once the remaining bitcoins left are mined-out completely, then we can expect a significant boost on its price as well as the transaction fees increasing.

People have been speculating about the price of bitcoin reaching considerable large amounts but we must always consider factors that affect its price before reaching to this kind of conclusion.


When its price reached $20,000, almost all people lost their pants and started impulsively purchasing bitcoins then its price dropped suddenly. I can only see reaching this kind of price when its total supply are mined-out completely.

I don't imagine that Bitcoin for the next five years will be able to break through at the level of $ 100k.

Maybe if this happens, I'm sure 80% of people in this world experience the most devastating shocks in their souls, such as the Atomic Bomb that fell on Nagasaki, Japan, the World War II.

However, let's look at Bitcoin to the base price, the lowest of all time: $ 65.53 on (05 Jul 2013), and the highest price: $ 20,089.00 on (17 Dec 2017).

The two examples above can also be time bombs that will occur against the price of Bitcoin to come, or vice versa.

$100k is not really as big as you may think. it just looks big because right now we are used to 4 and 5 digits numbers for the price otherwise to go from $10k to $100k is just a 10x rise. in 2017 alone we had a >20x price rise. so it is not really surprising to see a smaller version of that rise within a year instead of 5! and i believe that will easily happen in the next bubble which will probably start near the end of 2020 (the bubble that is the end not the rise itself).

Nothing is impossible in this world if God wants it to happen, it will definitely happen.
and that is just a prediction that is not necessarily true and if it is true we also do not know what economic or technological progress is like and other progress in the next few years so there will be returns such as expensive economic needs or other reasons that make everyone feel difficult and bitcoin play a role in that problem.
let bitcoin move as it is and what we all expect is that bitcoin continues to increase to reach the highest price.

In crypto economy is not defined by God, so we don't think like that. But top millionaires are support Bitcoin it will going to moon shortly, In this world both positive and negative will happen so we will buy right know it will grow future. Because next five years anything will happen so active traders are never thing the 5 years results.

I feel like 5 years is good enough time for $100k, I just checked and the halving is just 190 days away however the next halving after that looks like will be in 2024, so I don't know if it will be enough or not but eventually in 5 years it means 2 halving on top of this price which would be already at least 40-50 thousand dollars easily, if there are any hypes and improvements etc on top of that $100k looks possible.

I would say by 2024 or so having a $50k+ price would be so realistic that I would be super pissed if it is not happening, however if it is going to happen then I would totally see it as what it should be and not getting lucky about the price, like back in 2017 when we were at $20k I saw it as shocking and unexpected, $50k by 2024 sounds like what it should be.

Bitcoin needs a big blow up from the big medias like CNN or AT&T to spread the positive ways to the people, so new investors will look at the cryptocurrecy world as a promising investment.
People are not investing in bitcoins right now because bitcoin is always linked to crime, ransomware, scams and other negative things. People should see the many positive things from bitcoin so it can hook new investors and i'm sure reaching 100k in 5 years is an easy work for bitcoin

The five years time is to short and I just think we will be able to reach the 100k price in just 5 years, look at what we are now, it's been 10 years that bitcoin existed but we hardly even step on the $20,000 mark, i'm not trying to be as negative as it can be but even if we consider all the factors affecting the price $100k is just too far to reach, I would go with $50k perhaps but $100k, I doubt it.

What you say is true that bitcoin existed for 10 years now but we have not reached $20,000 yet but bitcoin is way popular that it is before which means that a lot is becoming interested in bitcoin unlike when it first started. Also, the supply is almost to it's limit, only a few hundred thousands left to mine and if all coins will be mined then the supply will be scarce and once supply is scare the price tend to go higher so the $100k price in 5 years is possible. The most important lesson I learned from investing in bitcoin is that, nothing is impossible with bitcoin.

That would be more up my alley as well.  As much as I like to see bitcoin achieving new all time highs, I don't like to see them happening too soon.  When that does happen, we get situations like Mt. Gox and the 2017 bubble.  $50,000 in 5 years sounds reasonable to me.  $100,000 does not sound sustainable.

Even if a bunch of new investors poured into the market and drove bitcoin up to $100,000 do you think it could possibly stay at that level?  The same situation basically happened in 2017, where people who had just heard of bitcoin were getting way too excited about it and were buying it like crazy.  That's a recipe for a bubble that will eventually burst, and I don't want to see another one of those.  Incremental gains over a long period of time are much, much better.

Anything can happen, even the unexpected happens in crypto sphere. Though it may sound like a piece of hype news who knows. I think $100,000 is reachable since the timeline is 5 years. As crypto grows especially bitcoin with limited supply, its very possible.Any world events with worldwide significant can trigger this bull run.

It would be possible and will depend if more people will invest in bitcoin and we don't what will happen in the future. Also bitcoin  is really good for long term hodling and and by the end of this year the value might exceed the ATH or after the halving.

But for sure that cryptocurrency will be the future payment and paper money will be worthless unless people will still rely on it. And realize on how convenient using a digital payment than bringin papermoneh and coins.

Its absolutely possible for bitcoin to reach $100K in five years having considered the ever growing adoption of bitcoin on daily basis the exponential rise in price in towards ATH 2017 is a prelude of the possibility of another ATH recurring, This year its price was $3300+ in the early months thereafter the price recovery was massive which stood above $9K  presently thus bitcoin price is in a kind of bullish trend on a long term basis if the bullish trend momentum is sustained in five years time the price must have climb upto a much better price.

We are indeed hoping this era will come, when Bitcoin or any relatable cryptocurrency will be the only used digital money been used by we humans but there will be a lot of buts there.
More reason is because government do not really want to lose their country currency.

We saw amazing rise in 2017, from 1000 dollars at the beginning of the year to 19k dollars by the end of the year. Bitcoin can do amazing moves, in both directions, we saw that before and I' sure we will see that many more  times in the future.
When we speak about possibilities and chances, I think that we have higher chances to see bitcoin at 100k one day than on 1000 dollars. Of course there is no safe bet in life, but I would like to think that odds are in our favor.

The life keeps rolling upon some form of belief. If we think tomorrow we won't be alive, then the life gets wasted. As we believe tomorrow we have a life we're alive and making things better than the present day. Same is with bitcoin the positive thought process is the one that drives us forward and get benefited.

Yes. The halving would definitely have a positive effect on Bitcoin's price over the long term. We've seen how Bitcoin went all the way from being worth cents to thousands of dollars in just a few years since inception. As the pioneer cryptocurrency becomes scarcer over time, demand will increase (hopefully) making its price rise across the crypto market. Even if Bitcoin doesn't touch $100k within 5 years from now, it could very well get past its latest ATH of $20,000 per coin. A substantial increase in the number of institutional investors, as well as, mainstream Lightning Network payments, could lead Bitcoin towards new ATHs in a blink of an eye. Given how fast Blockchain develops in just a short amount of time, anything's possible.

While $100k sounds fair enough for a couple of years from now, the ultimate goal for Bitcoin would be to reach $1 million USD. That would make many early adopters (like you and me) extremely wealthy in just a short amount of time. While it's not about the money, most people seem to care about this more than Bitcoin's real use cases within the mainstream world. Despite this, Bitcoin will not be able to grow further in price if it lacks demand across the market. Matters become worse when there is a reduction in block reward, while prices remain the same or lower than they were before. If that happens, then it'll become an unprofitable journey for miners supporting the BTC blockchain.

Nonetheless, I'm hoping that by 2025, we'll be able to experience $100k per Bitcoin. Exciting years will come ahead, as new improvements and upgrades are adopted by the Bitcoin community. The Lightning Network, Dandelion Protocol and even Schnorr Signatures, will make Bitcoin bigger, faster, and stronger than ever before. Rest assured that these same upgrades, will gather the attention of people within the mainstream world starting a frenzy of "FOMO" greatly benefiting Bitcoin's price within the future. Just my thoughts ;D

I'm also always optimistic that bitcoin in the future will get even more expensive. and maybe in 5 years bitcoin can reach $ 100. but in my opinion the value is too big because right now the price of bitcoin is only $ 9k. i predict maybe the price will reach $ 50k i think it makes more sense. because to get back to $ 20k bitcoin hasn't arrived yet. we can only speculate that the market will determine it later.

;D What makes you doubt, you see this old grandfather John McAfee said BITCOIN will touch 1 million dollars by the end of 2020, do you not believe him like most people https://twitter.com/officialmcafee/status/935900326007328768

100k is a price that can possibly be reached. It's just that Bitcoin needs time to develop and can happen in the next 5 years, but I analyze the price of 100k bitcoin will be easy to reach in the next 2 years, don't believe that because I'm only speculating  ;)

In my own personal opinion, no doubt that bitcoin will definitely reach it's price up to $100k in the future, but i think it is impossible for bitcoin to reach $100 k for just 5 years because no one could really predict when will bitcoin increase or decrease it's price, and bitcoin is really having a hard time to recover it's price back to $20 k again. So i assume that bitcoin' prive will reach up to $100k about 10 years or more.

It will surely reach at that level, I can already imagine what this market would look like 5 years from now.

Maybe that time bitcoin and crypto are already widely accepted and that will result to an increase of demand and we know Bitcoin as the king will always lead and as this technology progresses, more and more investors will also try to hold this for long term, I think its possible that those gold holders will shift to holding BTC as long as there's a proper regulation that would ensure protection to investors.

I believe also that bitcoin reach that price and after 5 years many will adopt bitcoin to their business. And bitcoin can lead us for a good future and many investor will take a good income for there patiently waiting for bitcoin price will grow up. Bitcoin is very good now where you can invest your money and wait for long term investing.

yes all possibilities can occur in the bitcoin market. it's possible that in the next 5 years the price of bitcoin can reach $ 100k. but we should not expect too much because all this is just speculation. no one can guarantee with certainty whether bitcoin will be a bull run after halving.
because it could be after bitcoin halves the price of bitcoin goes up high but then falls again. as happened with Litecoin. Litecoin takes two in August 2019 but 3 months later the price is dumped. no one knows for sure what the price of bitcoin is in the future.

  I will also go with 50k dollars or more. I have no doubts in the potential of bitcoin but there are so many other factors that need to be considered before jumping to any conclusion. If bitcoin becomes legal after 5 years or in the time span of 5 years in all ruling states of the world economy, then are maximum chances of it going beyond 50k dollars. Otherwise it would take time to reach such big price.

Looking at the crypto market, I think that there are too many obstacles to Bitcoin price growth. My forecasts for the future price of Bitcoin were optimistic, but now I think that it takes at least 4-5 years to raise the price of Bitcoin to $100,000. Perhaps we need to wait for halving in 2020, after which the next halving, then the price can reach $100,000 is quite realistic.

Its a long time to predict bitcoin price .There will be many thing happen in near future to the world .But the way the price is rising from the past years it quietly predictable that it could go this level in the next five years .We just need to buy and full our bag in low price so that we can be profitable.

The way people are accepting bitcoin and accepting the concept of digital currencies, this is very much possible that in the next 3 or 4 years we see bitcoin as legal digital currencies all over the world because famous and multinational companies have started adopting it. People are often speculating about crypto banks as well. So if people can think about such stuff, there is no way they cannot do it practically.

One international event that may help the price of bitcoin to reach those levels is if we saw a huge economic crisis that was many times bigger than what we were expecting this will destroy the confidence that people have in fiat and will help bitcoin to become more popular among people especially those that are skeptic about a currency that is not printed by a government, and people will finally understand why we need a currency that is independent from government control.

We have the same belief, price will go up and dump but if you believe in the coins that you are supporting and the future of the market, you will just continue to buy and hold it, it used to be a gambling in the past if you keep hoarding coins, but after ten years it's worth it for preparation of the future of the coins you are supporting.

Agree. Bitcoin needs time in order to become heavily adopted by the mainstream world. With adoption, comes demand resulting in higher prices over the long term. I believe that price movement has been slow during the year, due to lack of interest among people worldwide. Something big and exciting needs to happen in order for Bitcoin to skyrocket in price like never before. The time frame of 5 years from now could be more than enough for Bitcoin to reach the specified goal of $100k per coin. With the next halving underway, as well as, the Lightning Network, Bitcoin could experience a greater level of demand within the mainstream world. People will realize the true benefits of Bitcoin with improved transaction speed, and cheaper fees. Then, Bitcoin will used as a currency more thoroughly resulting in higher demand over time.

Despite the many predictions made by people about Bitcoin's price in the future, it has been a solid cryptocurrency that has a proven track record of stability and reliability. It's not about the price in terms of USD, but rather its usefulness for decentralizing our economy as we know it. For the first time in history, people are able to conduct transactions worldwide without the need for middleman. This gives individuals over their own money. I believe that's more important than watching Bitcoin prices everyday with the hopes of getting rich from it.

Nonetheless, it's no secret that the crypto industry advances at a fast pace within a short amount of time. 5 years could be a lot for Bitcoin to improve and expand within areas that were never imagined. If 2017 was Bitcoin's best year yet, then expect the following years to be even better. Before you know it, Bitcoin will get past its latest ATH of over $20k per coin, leaving you with more money than you've initially invested. All in all, $100k per Bitcoin seems more realistic nowadays than $1m. Just my thoughts ;D

Yes, that’s true and I think an investor should not have any concern with it but they only should buy as much as can today then make a plan and hold their coins for the long term. It’s certainly about crypto to see the huge price but as always said we will have to show patience and wait until we get our target. In 5 years the price of bitcoin will be high enough to give us a profit of 100k dollars and from recent, I can imagine 100k dollars in 4 or 5 years.

Bitcoin traders and long-term investors will certainly enjoy the results if in the next 4-5 years Bitcoin reaches $ 100k,
but don't think too much about the long term, we don't know how the future is, I'm worried about quantum computers from Google,
there are rumors that quantum computers in the future can to turn off Bitcoin, how terrible !,

I am really sick of these unrealistic predictions and just like this posts there were so many posts which made to this forum in 2017 and 2018 saying bitcoin will go to moon and $100k and all but in reality bitcoin is struggling to even touch the mark of $10k, We know that bitcoin will rise on a long term but nobody knows how long it will take and as mentioned in the recent post there might be some new threats to Bitcoin just like the quantum computers as well. It's still a rough path.

Many users have been worried about quantum computers for a long time and even if a government or a private company developed quantum computers that could break the cryptography of bitcoin, the same will true for the cryptography of banks and other companies, but there are already algorithms that are resistant to quantum computers and if it came to that the developers will upgrade bitcoin and make it resistant to an attack by those kind of computers.

I'm actually a little worried if the price of bitcoin rises too expensive. This will make people in the outside of the crypto community going to be difficult or have objections to get in there. active in this forum are people who collect bitcoin / crypto. Try asking ourselves whether later we will still be able to collect bitcoin like now if the price is too expensive? I even prefer the price of bitcoin to be at 15k-20k usd. and I'm sure the price of bitcoin will not exceed 50k usd later ...

why don't they come in right now when the price isn't too high? I think precisely when the price of bitcoin is very expensive it will steal the world's attention to glance at bitcoin.
if the price of bitcoin is expensive, of course, we will be difficult to collect bitcoin, like bounties that are becoming extinct since bitcoin prices are expensive. one of which is to become a trader for us to still be able to collect bitcoin.

That's certainly true, mate. We cannot know with certainty the future of Bitcoin, due to it's volatile nature. In a few years, Bitcoin could be worth either thousands or hundreds of dollars. Prices go up and down like a roller-coaster across the crypto market. The only way Bitcoin would reach astronomical levels in price is if there a lot of demand for it. I believe that such demand will be triggered by new trends like the Lightning Network, MAST, Schnorr Signatures, as well as, the block reward halving every 4 years. Once people realize that Bitcoin's scalable enough for the mainstream world (with cheaper fees and faster transactions per second), they'll buy it in mass across the market. This may take 5 years or more, depending on how long Bitcoin takes to scale for the world.

Personally, I wouldn't worry much about Quantum Computers destroying Bitcoin, since they're still in their initial steps. Bitcoin can easily reach consensus in order to adopt a defensive mechanism against Quantum Computing attacks. The way I see Bitcoin growing each day, is a true indication that it'll be much more valuable than what it is right now within the future. By next year, it's hoped that it would get past it's ATH of $20k per coin leaving Bitcoin in the $50k range. After that, $100k would be easily reachable if the market continues on a bull run. All in all, it's best to buy as much Bitcoin as you can before it rises back again to its former glory. Just my opinion :)

It is too far from reality. $100k per coin for me is impossible in the next 5 years, I am not that negative but I am just in a reality and not dreaming that bitcoin will reach that too huge amount for me in just 5 years. 50 years from now maybe it can happen LOL. We are just imagining things about bitcoin. Let's just be in the realistic way here and I think 5 years from now bitcoin is just the same as what we have right now. Maybe some improvements will happen in a payment way but about the value of it, I think it is just at the average of the price right now. Let's not assume too much.

That is just the way all the markets grow, if at some point buyers do not feel comfortable buying bitcoin at a price then the price goes down until it can find a balance between the buyers and the sellers and if you do not believe me we can find a good example on what it is happening in the market now, many are trying to find a fancy explanation for the price to go down but the most simple explanation is the lack of buyers at the prices we were seeing and this in return caused the decrease.

I know it sounds foolish if to think or to expect beyond the reality we know the price of crypto use to increase with time and a good time can come so let’s hope for the best as much as I know bitcoin has potential to rise higher even in few months so it’s not bad to dream higher. This much pump would need time but it’s the world of crypto and anything can happen here.

Five years is a long wait and many things can happen, So for now if we remain supportive of bitcoin I'm sure there are good consequences that could raise bitcoin prices in the future, The only problem here is the government and banks because government and banks find it difficult to know if our transactions are legal because bitcoin transactions are anonymous.

They are pseudoanonymous. Almost every onboard and offboard ramp is 100% KYC. Difficult to stay anonymous anymore. Hopefuly a better LN integration and more anonymity on the base layer will help with that in the future.

Why should be 100k if someone predicts 1 million in the end of year 2020 LOL. I do not know it is true or not but we do need a bit of motivation or encouragement so that the circumstances are not flat or without a festive.
some famous people already say with their own prediction,varies from 50k to 1million$  ;D

Agree. Many things can happen within the crypto space in just 5 years from now. We know that the market behaves in strange and bizarre ways. Bitcoin jumped to new ATHs month after month during 2017. The same thing could happen in a few years from now if people become interested in Bitcoin once again. With enough demand, we'll be able to see higher prices than $20k. But without demand, Bitcoin will stale or decline in price over time. Right now, prices have been relatively low bouncing within the $6.9k - $7.2k range. At times, Bitcoin's price is at $8k without reaching at least $10k across the crypto market. With this behavior, I believe that it may take a little longer for Bitcoin to reach new ATHs in price.

The deflationary design of Bitcoin, as well as, upcoming improvements, should have a positive effect on the pioneer cryptocurrency's price over the long term. People will gain the sentiment of "FOMO" once Bitcoin becomes cheaper in fees and faster in transaction confirmation times. The Lightning Network, is essential for increasing Bitcoin's adoption within the mainstream world. But we have to be patient, because panic selling our coins will only make matters worse. As long as we "hodl" our Bitcoin for the foreseeable future, we'll be able to secure massive profits like never before. Since 5 years from now is a long time in the Blockchain/crypto space, anything could happen. Hence, $100k per Bitcoin may be not far from becoming a reality after all. Just my thoughts ;D

actually people will always find a way to blame something.

i mean when the market down , people start to over reacting and think negative all day long and wen the price go up everyone cheering thinking that the price could move even higher very soon and the last one when the buyers & sellers find a balance which means the market stuck at the same level most of the times like a months or weeks , people become impatience looking for some movements.

well that is greedy people , we want $100k or $1million , stick to it and relax hehe.

Yeah I'm agree with all of you guys. We are waiting the history come's true again like 2013 and 2017. Supply become less than before afrer halving. And as another ppl hope, real demand for using bitcoin can force the price movement. Then, BOOM. Supply can't handle Demand. So you will know what happen next. 😁😁

100,000$ per bitcoin is more realistic than believing that the price of bitcoin will reach 1,000,000$. That's true more expert people say bitcoin will reach 100,000$ up to 1,000,000$ but we all know everyone can have their own prediction on the price. Do you really think that bitcoin will reach 1,000,000$ in the end of 2020? Even there is a good event in this coming year we still not sure about it. 100,000$ per bitcoin on the next five years? So basically in the year 2024 it might happen? Because for me, there are many things that could happen and if ever this thing will come true maybe this time is the chance to buy a lot of bitcoin.

Maybe we could take baby steps and see if it goes on $50k and then we will talk about $100k in the future. To be able to get to six digits, I don't know, maybe we need global adoption or at least 10% of the world population is into bitcoin in the next five years. Difficult to achieve but not impossible, in my opinion.

sorry but i dont agree with you . i always based on the current value of a coin before i do prediction  , i forgot that i also based on its performance .  on the past two year course btc is performing badly and its value didnt even break the 10k limit at most , and with that said , i dont think that itll reach 100k usd not even 50k usd but if ever its performance change , why not  ? when btc slowly reach ath's and reach 100k usd up to 500k usd then i can assume that 1m usd is also possile .

Again . this is only speculation. everybody can make their's analyze and argument. so if we back to 1 decade ago , when 1 bitcoin is only valued bellow $1, does anybody think that will be almost $20.000 in 2017 ?  ;D. let's see how the bitcoin rising their ATH again.

Some speculate the rate of growth continues to increase every year and I think its more realistic to expect less growth every year otherwise we are talking about a curve which extends upwards until its vertical and then it stalls altogether, thats not a positive to me.   I want to see the regular gain and we pull back in price but underlying Bitcoin population is rising every year so we can be optimistic and I consider price secondary to its benefit increasing to a more diverse set of people and across the world.   
   It bitcoin is expanding the price isnt as important and I wont argue over nominal figures as Dollar itself is an unknown uncertain quality in future, we can only assume it will continue to degrade generally but thats not a bullish case for Bitcoin just stating the failure of an exchange ratio.

It seems that is just the way that people are, instead of accepting the way the market moves they are always unhappy about it, months ago the price of bitcoin almost reached 14000 and people instead of being happy that bitcoin has grown so much in such a short time they were sad when the price began to go down, and I was really disappointed by that attitude that most people had because it seems that they always expect that the market will go up and we know that is impossible.

This is the bitter reality that most people will show you green garden about the crypto but trust me its just Green garden nothing else so better take your own mind and use it than trusting those black sheep. I know the crypto market is so volatile but we can expect a huge pump from bitcoin as much as I know bitcoin as some hidden abilities to reach $100k but it will take a long time.

Agree. First things first. Bitcoin still hasn't reached its latest ATH of $20k per coin, so we might need to wait a little longer than usual to be able to see new ATHs in price across the market. Prices are hovering between the $7.5k - $8k over the last months, which could be a result of market manipulation. Whales may be buying low and selling high even at current prices. As soon as there's massive demand for Bitcoin within the mainstream world, you could expect to see prices increase exponentially across the market just like it happened back in 2017. The upcoming block reward halving might have a positive effect over Bitcoin's price, but it's not a guarantee that it'll be that way. The pioneer cryptocurrency may become scarcer over time, but with lack of demand, prices won't be going anywhere.

That's why we need massive adoption within the mainstream world, in order to boost Bitcoin's prices like never before. In order to achieve this, a lot of marketing/promotion needs to be done to attract as much users as possible. The most important thing is scalability, and with Bitcoin's Lightning Network, people would be able to truly enjoy the benefits of instant transactions and low fees. Most people don't know about this yet, but when they do, expect Bitcoin to reach prices higher than $20k across the market. If within the next 2 - 3 years, we encourage people to use the Lightning Network, then $100k per Bitcoin could be easily achievable by 2024.

Nonetheless, the goal of $100k per coin is simply a prediction. Anything could happen in the future, as the crypto market is known to be extremely volatile at times. Bitcoin could either rise massively in price, or go down the drain. It's best to rely on stablecoins every once in a while, to minimize losses as much as possible. Only a small portion of your savings would be into Bitcoin, in case it goes all the way towards $100k per coin. Just my thoughts ;D

The dilemma for investors if bitcoin once reach 100k would be whether or not they should sell because it can further jump to 1000k or any extraordinary number.

I have a friend of mine who was sort of an early investor and saved big number of bitcoins and when bitcoin was around 17k he got tempted to sell but did not because he thought price will go beyond 25k so that's a cycle and dilemma for investors if they should sell or not and when they should sell. The friend of mine now feel regretted but whenever I get a chance to talk to him, I tell him that everything happens for a reason and soon he might be selling his coins for over 50k each.

I don't really believe in your prediction of Bitcoin market value hitting $100,000 in the next five years to come except if there is a high demand for Bitcoin and at the same time there is scarcity of Bitcoin in the circulation only then we should expect price skyrocket to such an amount.

Holding your coins is without a doubt very profitable but what you are saying is probably the biggest problems of that strategy, when to sell your coins? And unfortunately that strategy doesn't really tell you when to do that so it is up to each person to decide when it is a good time to finally sell their coins and get out of the market definitely or when to get into the market once again, and even if I believe that holding your coins is a great strategy you should learn a thing or two about technical analysis and then you can take better decisions in those two critical moments.

On a negative side when price was $20k nobody would have though that price would be dropped to less than the half of it in future. So no matter what we think and do, unless there are some big buyers who invest millions and billions into bitcoins the price is not expected to jump too much.

Yes, there will always be a continual small growth in bitcoins because of the new users knowing about bitcoins and acquiring more bitcoins and hence growth but a bigger growth can only be seen either big whales buy-in or there are some historical decisions taken like a country would legalize bitcoin or something like that.

Bitcoin price is still more than two times the price as compared to start of this year when it was in the $300 range. So I would say it is quiet a good progress. If this progress continue to go on then $100k can absolutely be achieved, but the thing is that we have to see when the price will be reached.

Currently this price isn't achievable at all and is only a wildest fantasy as per me.

I remember those days as well and there was almost no one that was warning about the possibility of bitcoin being in the middle of a bubble and that the price could crash, everyone was incredibly positive about the market outlook and they believed that the market could only go up, but we know that no matter what kind of asset we are talking about we still have to respect basic market rules and it is impossible for any asset to always go up in value and predictably the price began to crash after there were no more buyers for bitcoin in the market.

Because that's a major upset happening at that time and many people get confused on why those things happening that's why the chain effect of what happening in year 2018 really scare off the investors until this moment and hopefully we will get out on those bad stain for that days so that the confidence will came back since as we see on next year there's an upcoming block halving that could possibly lift us back and those historical figures will comeback again.

Of course. With high demand, comes higher prices. Even if Bitcoin is scarce by design, it depends on people's adoption within the mainstream world to become valuable over time. If there's lack of demand, you cannot expect prices to go up anytime soon. The long-lasting bear market of 2018, has severely affected Bitcoin's value across the crypto market. Something big and exciting needs to happen in order to attract people into Bitcoin. Perhaps, the Lightning Network would increase adoption for Bitcoin in the future, as people notice its true benefits. Instant transactions and low fees are definitely good for the crypto economy. But marketing/promotion is important in order to let people know that Bitcoin is capable of this and much more via the use of the Lightning Network. After that, we could expect prices per coin to rise like never before.

Given that it's almost the end of 2019 without any developments in Bitcoin's price, the goal of $100k per coin might take a little longer than usual. No one knows what Bitcoin's true value will be within the future. The least you could do is buy Bitcoin at these low prices and "hodl" it for a very long time. If a bull market begins, then you'd be lucky to sell your coins for profit. The most important thing about Bitcoin is not its price, but how useful it is within the mainstream world. So far, it's been doing great as a censorship-resistant cryptocurrency that's the most secure Blockchain network today against third-party intervention. With this, one could achieve complete financial freedom as governments and central banks won't have a final say over one's transactions. And that's the true value of Bitcoin. Hopefully, it would go to "Infinity and Beyond" within a couple of years from now ranging from $50k to $100k in no time. Just my opinion :)

For that confidence to come back we need one thing and that is for bitcoin to challenge and surpass its previous all time high, nothing else will do, and it is very easy to know this is true by looking at what happened during this year, the price recovered for months and we saw a very positive trend but as soon as it was obvious that we will not be able to surpass the previous all time high the price began to go down as people lost any confidence they had because they were afraid that something like what happened during 2018 will happen again.