Bitcoin Forum

The fact that bitcoin rose from as low as $0.003 to as high as $19,000 proves that bitcoin is really going beyond the moon. It's really wonderful how that increase was achieved in 8 years (between 2009 to 2017). I still remember reading an article in which the writer predicted bitcoin to reach a $100,000 in a 'very few' years to come. Though this sounds too much, I strongly believe it can be achieved (in my opinion, it might take time). What year do you think that such a price can be achieved? Also, what do you think is needed to make bitcoin's price grow faster and stronger?

just think of this, when BTC reached almost $20k its 6millions times of the price when it started compare to just a x5 of $20k to reach $100k it just like before most people dont even believe that it can reach $1.

Of course it does not make sense to think this way. Then we cannot even pronounce the value that Bitcoin can achieve in 100 years. Yes, we have made great progress so far. But of course the price of Bitcoin will also have a limit. The 100K target is seen by many as possible. There are even predictions pointing higher.

https://coinzodiac.com/wp-content/uploads/2019/03/Bitcoin-Crazy-Predictions-768x648.jpg



Source for image and some contents: https://coinzodiac.com/top-crazy-bitcoin-predictions/

For me, I see bitcoin as a future currency. It is one of the best innovation that made transaction and fund storage convenient. Not to mention the opportunity it brought to the mass. Once mass adoptation occurs, we can see bitcoin being part of our society. That is why I think the demand for bitcoin will be higher in the future. More and more people and even establishments will be using it.

It totally has the ability to reach a 100k. Its really just aa matter of time. It should be able to reach that amount within the next 5 - 6 years at the maximum imo. More and more people are starting to learn about bitcoin and are starting to enter it's world which makes the demand for bitcoin higher thereby increasing its price. The time that we would see bitcoin posted with a 100k tag shouldn't be that difficult to wait for. It's just around the corner.

Bitcoin price is definitely heading to the moon, but as the price evolves — so will its purpose. I don't think that Bitcoin will end up being just a transactional currency. I believe we will use a different coin for that. BTC will become a store of value, as a digital (and better) version of gold. As for when it will happen — who knows? It could happen in 5 years, or it could happen in 10. It may even hit the price you predict in 2020, just before the halving takes place. Well, it probably won't, but you get the idea — all we have are opinions and hopes, and no real facts, since the coin is extremely unpredictable.

Bitcoin really developed our society and economy. Transactions are faster and suitable for everyone who uses it. If the society adapts it, world will become more successful in the near future. Started from the bottom to the top, Bitcoin is very unpredictable and from low rate, it can reach about a higher rate 5 - 8 years from now.

We just need to be patient and observant, maybe we woke up someday and the bitcoin now reaches 100k. So again, just be patient.

I think I now see the posibilty of bitcoin's price increasing to a hundred thousand USD or even more. However, looking at one of the predictions (for 2018) in the image you provided, the prediction failed.

It's obvious that we need more demand so that the price could go to 5 digits. So possibly, online merchants adoption or bitcoin being used as mode of payment offline. Unfortunately, with bitcoin's volatility adoption is really a very slow progress. If I'm in your shoes, don't worry to much on the price, let the market take it normal course, if we are going to achieved $100k in the next 2 or 10 years, so be it.

You should have invested an amount that wouldn't ruin your life if it goes to $0.

In that case, you can lower your time preference and focus on the price in 10 years, instead of in 1 or 2 years.

If you look back 10 years ago, Bitcoin was barely starting, so it's easier to assume that in another 10 years (double the Bitcoin's lifetime) we will achieve much much higher valuations.

Don't rush it :)

I should have known bitcoin earlier than now, by now, I should have retired. Damn it. I am still hopeful because we are still young in the industry, for a sector that want to change the old system, and dominate the financial sector, then we still have a good way to good. For a price growth, we certainly need adoption by big companies who play a mojor part in the  the economic of the world.

It is logically impossible for Bitcoin to remain at a static price for a long time. Because it has fixed supply, eventually everyone who wants to sell at a certain price ends up selling. Then depending on presence of further buyers or absence, price either moves up or volume plummets. So movement is guaranteed. The good news is the trend is still increasing and we do not hit another lower low now. I think the value of Bitcoin will rise to the $80,000 and that there will be "mass adoption" that builds a road to a Million of USD.

People aren't going to risk large sums of their money being stored on a computer or some sort of hardware device which they have to look after themselves. community should work on this before "mass adoption". A sort of Bitcoin's bank is a good Idea.

I guess you haven't heard those too high predictions. McAfee has a prediction of $500k but suddenly turned into $1M after seeing the all-time high and that's really unbelievable price and until now we're not believing that too much prediction.

Maybe 2 years or more from now.

I don't want to see high prices faster, I want to see it normally just like what's happening now. It's safer and I think it's favorable to us who want to see the price higher in a gradual motion.

Right now it's too early to say anything for the price of bitcoin. After halving in 2020 we can specify a clearer price. I think the price will be $ 30000 after halving. It is very difficult to achieve the desired increases in such a large marketcap without a major event.

There are many speculations about the price of Bitcoin. So many are saying there will be an incredibly spike in the price soon, while others are saying that the price of bitcoin is still going to suffer a little more, i.e some more fall in the price. I would like to sit back, and keep my fingers crossed, which ever way the waves moves to, I'm here for it, and I'm very certain that it would end in a bull season.

No one knows exactly what will be the price of Bitcoin in the future since its tantamount to fortunetelling! Yet by observing its ever growing network value, together with its increasing number of users/adopters and its fundamentals becoming more positive also thus having its over all fundamentals going in an upward trajectory which is very promising.

Now if we correlate its fundamentals with its price, then we can say that Bitcoin's price is also slated on an upward trajectory! Given time, I would like to assume its price will grow exponentially within a period of 10 years time frame  but of course this is just an assumption likewise it is also a possibility that can be nonetheless achieved!

I could believe in $100,000, but I don't think that's going to happen in years to come. Although crypto market is like roulette

You don't believe it'll happen in years to come? What if I told you I'm the year 2009 when bitcoin was $0.003 that in not up to 10 years time, that bitcoin will go beyond $15,000? Would you believe it? Would you even believe it would have reach $1,000 (from $0.003)? I doubt you would. I'm not swearing that the price of btc would go high very fast. I'm only saying that there's every possibility of the price of btc going beyond $500,000 in the next 2 years. However, there's also every tendency it could reduce below $1000.

This is a post we get very often and we might have moved on from such post, now the price is no longer 19k and also it's not 100k too. We should de with the present and this will determine the future of bitcoin

The situation before is different than the situation today, before people are too naive believing every words these Bitcoin "prophet "said. But now people are more vigilant due to a major set-back happened last 2018 where many Bitcoin investors lost their capital value.  But imagining the halving events, the supply, adoptions, start-ups and disregarding either FUD or hype, by mere supply and demand ideals,  Bitcoin price will definitely go up. In a decade and three years (2032) time Bitcoin will be producing less than 1 BTC (0.78125‬ BTC to be exact) per reward and with larger demands on the audience, what would you think the price would be?  I doubt we will stay in this range.


But  the increase in price is inevitable, adoption will increase in multitude, supply will be cut into half every 4 years, there is no other path for Bitcoin but to go upward .  The price might be unknown for now but I have a feeling that it is way more than what its current price. 

The bitcoin price can not be predicted the actual prize, but all i know is that bitcoin has the potential to increased more than $20,000 in time coming, In other words, Bitcoin is a digital asset, which is very profitable base on the current market price to invest in a future time.

I think that Bitcoin can reach 100k dollars in 10-15 years. Governments can have an effect on Bitcoin price too. For example, if they decide to ban Bitcoin we can see its reflection on the market. As long as we get good news for Bitcoin (e.g. if Bitcoin ETF is accepted) , Bitcoin will continue to improve.

At least there is a possibility that bitcoin may increase to the price that we did not expected to happen. It cannot be predicted from the start of what price it will heading. Base on the history once again bitcoin reached an ath price so as long there is demands of bitcoin, the growth to an increase price will take place in time.

At least not like what John “Stupid” McAfee predicted that by the end of 2020 Bitcoin price will grow up to a “Million” value and that was impossible to expect

$100,000 was predicted without specific time which means this can be happen tomorrow or in the next 10 years,what i laws thinking is 6 digits would be coming if the governments finally realized the needs of their economy to be backed up by crypto and not just by gold

But of course we are talking years from now and not that sooner

If want to see new fast growing price of bitcoin maybe we should spread the word "bitcoin" because have massive adoption may help the price goes up. I also read some articles that also tackles different prediction about the price of bitcoin and still we do not know who is the person that get the correct prediction. Day by day bitcoin become stronger because it has been accepted and even in our industries. Just keep calm and wait until bitcoin set a new record for its all-time high price.

This image includes a lot of predictions. We call this a prediction because there is always a risk to fail. We are seeing Winklevoss prediction has failed. But there are a lot of predictions in there. Look again.

I think predictions don't have to be always right, and they don't have to be always wrong. They have a higher trust in bitcoin for various reasons. They have very different perspectives from what I think now. Bitcoin must pass the stage to reach the highest point, quite a number of factors continue to influence prices. $ 100K is a realistic target to achieve in 10 years from now. Let's hope it can come true.

I am sure that it can be achieved in the future, in the rest of this year, in the next year, or the next 5 years. Perhaps, this year will give a chance for bitcoin price to hit more than $20k first, and then in the next year, before the halving, the price can rise more than $30k, and still increase in after halving. But all of that is only a prediction which we don't know if that will happen or not and there is no way for us to see the truth if we don't get into that time. We need to follow the bitcoin journey if we want to know how much the higher bitcoin price will be.

Bitcoin did moved to 19000$ and it again moved back to 3200$. In this period, we have predictions by most famous celebrities and most experienced traders and investors that bitcoin can move to 100,000$ and it can move to 1000$ too. We have heard too much about them and personally i do not believe  on it now.
In a single line, bitcoin will move and cross all time high, but no one knows when and also no one is sure how many times it will pump and dump before it reaches ATH again.

It's really encouraging how you still believe that bitcoin will still move across all time high (despite all the predictions that went wrong).

This is why i said that there's also every tendency that btc could rather decrease (even when it's expected to moon)

That's the biggest dilemma for the bitcoins holders. They always wish the bitcoin price to rise all times but in reality the opposite of it happens.
The bitcoin price reach to a certain level with good pump and then the slow dump process begins which frustrates the bitcoins holders. For example it took less than a month for bitcoin to reach 19K and then it took a whole year for bitcoin to dump to 3100$.

Most of the people get stuck because they buy when market is on a pump. If we buy when the market is dumping then we are in a better position to make the profits.

price bitcoin now around 8300 . probability it want drop under 8000 then fall wall 7700 again in two week or less at most from now.some say it can test 6000 but quickly let's wait what will happen next days

Many people don't hope the price will go down into $7700, but we cannot do anything if the price is down at that price. All we can do is only wait and still hold and buy more bitcoin if we see the price is down. I am sure many people are still waiting for the bitcoin moves, and they hope that the price can go to a higher rate. We will see everything this month, and if the rally starts from this month, then we can breathe freely because the price finally can increase higher.

But many people say that bitcoin will go up high in 2021 what do you think about this? I think I can only buy from now and never regret even though it is down again my prediction Bitcoin will go higher.

Let me answer your doubt here. Who knows and no one knows, but those people who are crypto enthusiasts who believed that bitcoin has new ATH and should have the next halving. They are expected on that by next year or so on. Well, about OP's concern the $100k value is really big. I don't think bitcoin can reach that value real quick but anyway we don't know what will happen in the near future but I do believe that reaching that price will take a long period of time and I am sure it will happen.

Drop now the bitcoin price but don't worry for everyone bitcoin lovers because this good time for buying bitcoin at lower price. So i am sure everyone bitcoin lovers take enjoy this time, so make sure your chance which money you want investment in bitcoin for your future benefits. Waiting and take your time holding soon good days come back i hope so.

Not that easy and quick but possible and achievable if more adoptions and more usages that will happen. Besides, there's also a potential for big whales from high class businessman to ride with Bitcoin popularity and start putting money for new investment. Bitcoin lovers see the downfall as another good day for investment, anticipating that market will grow back, it will be nice to keep more while the value is still cheaper.

Yes the whales both in fiat and big hodlers of bitcoin are always looking for down after they off load. Trading bitcoin is a big business for the whales. However, 100k price isn't impossible. Bitcoin has got to 20k when much people were not in unlike today. When halving happens, I believe price will go up and we might see steady increase as in 2017.

Well on my view it is still good time to buy bitcoin, the point is rapid increase of bitcoin doesn’t happen in instant time. It may take time for bitcoin to soar high again, as we experience the ath in bitcoin we did not expect it to explode that time. It will happen that bitcoin market is in good condition again.

Believe it or not I think the most important thing is the belief about the future itself, because even if you believe that high value can be achieved in the future but if you are still doubtful and worried when prices fall lower, then trusting in high prices is no longer a hope for you to stay here. I think the price of bitcoin for now will not grow fast because the bear market is still very strong so far, which proves the market continues to crash, and something that makes the price of bitcoin stronger I think with the continuous large adoption.

Probably I think it will take decades, centuries or even more to reach $100,000 worth of single bitcoin but I am pretty sure that this will happen. In order to do that and make the bitcoin's price grows faster is massive adoption. If bitcoin gets the attention of the world or get a massive support I am pretty sure this will be feasible however, as it getting accepted across the world there will be some problems will might happen that may delay the process of growing.

Yes, that's a well know fact but what bothers us over here is the slow and constant price dump. If it was a massive dump at one go then we can reinvest into bitcoin by buying at low but here the value is dropping down little by little which makes us more confused if we really needs to sell bitcoin for a minor drop or hodl it but after few weeks these little price drops amounts to a massive dump. I hope it does not go back to those figures of $5000 again as it will take months to recover it happens. It's not an issue for long term investors but it is for short term investors.

about year?this is just speculation since no one can predict the right one,but i think we will hit $100k inthe next 2-5 years from now.we already hit almost $20k so another 80k wont take long i guess
never look for faster growth because bitcoin will be the major currency in future and this will take time and not for rushing.
buy bitcoin and never stop accumulating as long as you have enough money to risk

in my opinion, bitcoin will grow faster and stronger around 2020-2021 because in that range bitcoin will be approaching halving. So that the miners will  decrease in reward, it will affect the price of bitcoin because the cost to mine bitcoin will be even greater. I am sure this will affect the price of bitcoin up at least 5x from the current price.

Every year, Bitcoin will keep getting new exposure to different set of people, and we will be Lucky to have many people that will be very rich to put in big amount of money into the market,and at the same time, have some financial institutions that will see the need to adopt Bitcoin as payment of goods and service , so I am not so scared of the future of Bitcoin as I believe that there will still be lots of development for Bitcoin in future, countries will still eventually adopt it and there is no doubt about that.

Early this year, many countries actually came up against cryptocurrency, but we can see how they are now all supporting the use of cryptocurrency now for both currency purpose and asset purpose, though the adoption is still low, but will eventually grow in future.

If we want to see rapid price growing of bitcoin we should have massive adoption in different countries, bitcoin are now become stronger simply because it has been accepted in offline and online market and even the government started to accept it. Maybe in the 2020 or 2021 the price of bitcoin have chance to reach the price of 100,000$

Yes i think 100 K next halving is very very real.2024 Bitcoin price will be supported not only by coming halving but also continuation of problems of current financial system.I really think that dollar is losing his dominance
That will cause inflation in USA and trigger price of bitcoin and gold

need a long time btw to get it.
since btc have a fixed total supply, 100k each will be posible.


well, first , the biggest problem, it's a scalability, the lightning network it's a best solution i guess.
then, trust. sadly until now, BTC still have low trust by people, according to Jeff Ramson, Founder & CEO PCG Advisory Group. "Bitcoin's biggest problem at this point is that the general public unfairly associates it with ICO scams" .
also BTC have Reputation for criminal activity,money loundry, drugs transaction, illegal weapon, etc.

It can go to that number but there will be an economic fall.
Why? We may reach that price when the value of USD will certainly fall.
That 100k USD may also equal to just 20k USD for the world market.

But there are still hopes that it would go there without the value of USD moving. I want that to happen, but it is just so good to be true.

This is just a temporary factor, I mean the halving of Bitcoin, I totally agree with you that it will have some effects on bitcoin, but It will be a short term effect and this is not what I am really after in the cryptocurrency market, we need a factor that will make Bitcoin value to continue to grow even if it is low so that it can get to that stage where it can be reliable as store of Value, people still prefer to hold gold as store of value because of the volatility of Bitcoin.

Moreover, bitcoin is meant to digitalize everything, both currency and also means of store of value, halving will only make the price pump a little which will be eventually dump, but need people to use it as currency which is the main thing that will make the value of Bitcoin to become less volatile.

Dollar value has been stable for a very long time now, and if the coin will eventually fall, it would not be now that people are beginning to benefit from it through bitcoin, the time I see the value of fiat fall is when bitcoin has been pronounced by the government as the new global currency of the world, then expect the value of dollar to crash automatically, but I don’t see that happening right now.

Before bitcoin can get to be recognized to that stage of having it pronounced by the government will be taking lots of decades because the system is new to the government and I am sure that there will be a time that they will debate on it worldwide, but not now, government has only recognized bitcoin as a digital asset and not currency of the world even if are referring to it as that yet.

Bitcoin did not reach this price in a short period of time, it takes a lot of time to even reach that ATH. Although after that surge of price in 2017 it cost a lot struggles and problem yet it will take a wise choice for someone to make the profit that they want before the price correction start. There's no quick way to gain the ATH as you wanted since almost everyone is holding, you should expect that the price would slowly rise.

First, there's no experts in this market, what I mean is that we can't really predict that price and we don't know when it's going to hit 6 digit. As you have said, you would have known that bitcoin is going to $20000 in 2017? If you have been long enough in this community, the price prediction circulating along that time is $5000. So its possible to hit $100,000, there is a important even next year, which is the block halving, so this could be the catalyst, but remember that it might take years tough, but it's to see when it's going to be achieved. We just let the market goes into a bull run and see how far it will go.