Bitcoin Forum

Anthony Apompliano co-founder at Morgan creek digital. Predicted bitcoin to hit 100k per one by the end of 2021 on a video with CNBC
https://twitter.com/SquawkCNBC/status/1331560442188210176?s=19. This prediction is beyond my imagination but he made a significant point on buying bitcoin. If more people get their hands on bitcoin, this prediction doesn't look impossible to be sincere. If I'm asked: I think bitcoin reaching 100k should be by the end of 2024.

What do you think?

Even if it is later than 2021, It is hard to visualizer that the market price of a digital currency would be able to reach such market value. In terms of investments, the idea of being not tangible is what makes it hard to believe in my opinion. But relying on facts, the market price of Bitcoin is not consistently increasing every year due to its nature of volatility so it is quite hard to speculate. And I don't get the point why many people are making assumptions of such everytime there is a high rate of increase in its price.

The current price of Bitcoin was crazy already considering that it was valued less a dollar before it was been discovered by traders and enthusiasts. Everyone can predict whatever they want crazy or not but the important thing to consider is don't be greedy at all. I'm positive that BTC might get that 100K USD valuation per coin the future but it will undergo in a lot of upside down so make sure on  getting some profit out of it.

currently bitcoin is undergoing a major correction, so take advantage of this moment to own bitcoin.
prepare ourselves for the year 2021 which is still a mystery.
and I think this is the right time for those who don't have bitcoin, immediately make a purchase.

Don't be ignorant of this technology mate, this technology can be an imaginable stuff which sometimes come through before some even understand. We saw what happened in Bitcoin early days and after some years of it existence the wonders was done accordingly in respect to Bitcoin price. Who among us know what Bitcoin would turn in it early day?, those who where holding Bitcoin around 2010 sold immediately when the price got from $0.0008 to $0.08, how we wish we saw the future, so, that prediction you are talking about might be realize before the 2021.

He didn't even predict any price at all.

The exact quote from him in the short interview was "It wouldn't surprise me to see something even higher than $100,000".

He's pretty much just saying that $100,000 is a possibility, but he's not necessarily "predicting" that bitcoin will reach that price in 2021. There's a significant difference there that you missed.

$100k in 2024 !! it is your prediction and I appreciate it.  whoever it is an expert or an amateur must have a different price prediction, I don't know what Anthony saw so he put out a $ 100k prediction by the end of 2021 like you said.  I personally don't really expect Bitcoin go to $100k anytime soon but I would be very happy if Bitcoin could touch $100k in the near future..

I think it would be crazy lol. Bitcoin is around 10 years and yet to pass the ATH of 20,000. Now price dropping from 19,000 and today selling for 17,200.  Taking for next year which is just 12 months time from now to hit 100,000 is crazy to me. By calculation, we have difference of 80,000 from ATH. You can see that ???  ;D

The fact is no one knows, human minds can calculate anything but to see the actuals we need to wait patiently. Hold on is my answer for everything dont blindly believe on what celebrity states we have a genuine example on the board 'John McAfee'

As of now enjoy the current price and move on rather than believing celebrities it's better to make decisions on our own and even if we fail we can take it as a lesson think about it.

I think the price is back to 15000$ for now. Due to huge selling of bitcoin with the high price as source, the price of bitcoin had reduced to 16000$+ now. So the holding people just hold your bitcoin and don't do a trade for now. It was unexpected by many people. Even i had planned to sell some bitcoin at the price of 21000$ and it started the dump path again.

I dont think anything is crazy after living through 2020 😀

Honestly it would take a massive institutional push to get it there within a year.  The sell pressure in the 20-75k range will be so great.  Knowing the ebbs and flows of the crypto market it won't be a linear line up so I would figure another 2-3 year drpught (bear) after a push into 50k before we can think about 100k.  But he'll who knows right...

Thank you for taking a close reading into the meaning of what he said. I couldn't have listened so dearly, that was why I concluded the article the way I understood it. Once again thank you.

Any year of prediction and price counts, bears or bulls. We don't even thought that bitcoin will hit $19k too soon. I can't still move on that it's hardly breaking $10k-$12k but it did and it happened real quick. $100k more or less whichever him and others are thinking of can or cannot be. It's a speculative market and all of those predictions should be taken not as advise but opinions on what they think in the market. We all want $100k but not to soon.

https://miro.medium.com/max/1925/1*qRg3VJ2U8PQOigvpjTgkkQ.png

I think one of the basis they are looking is this STOCK-TO-FLOW Model of Bitcoin. Which if you take  look on year 2020 up to 2023, it is showing that Bitcoin may start to trade around $100,000.
This $100,000 may be impossible for some people with short period of time given but with what Bitcoin showed us these past few years, these prices is very possible.

In a highly volatile market, we can believe even the unimaginable just like the $1 million that McAfee has predicted to reach at the end of 2020 if that's what Anthony Apompliano computation and analysis then so be it, his not the only one who made that kind of prediction this section has so many of it, let's see how it turn out at the end of 2021.

100k Dollars is beyond your imagination?so what more if bitcoin Reaches Half Million or more?then you will be crazy thinking then.
And besides When 2017 bull comes and Bitcoin Take the 20,000 value many People don't believe it also,they even call crazy those believers but what Happen after?they are wrong and now starting to Invest Bitcoin little by little being ready in case the price reach 6 Digits.
Let them laugh at you as a believer because the Future will dictate who is crazy and who is triumphant .

Eventually the stock to flow model has to break and stop working, question is which cycle will be the top. Looking at the chart, it seems that by 2024 we should be at $1,000,000 a coin, do you think this is sustainable? 21 million by $1M is around$ 210,000,000,000,000 market cap, do you think this is sustainable? I don't think it is.

In a year or 2 we should see whether the last cycle was the last cycle to work. There is still hope we might get close to $100K however I think that is still years away even if it reaches that milestone at all. Most likely we might reach say $50K but I don't think it will happen until like 2023 or later. We might get a wick into $50K however most likely the figure will fail to hold and we will come back down and start another bear market like in 2018.

You just gotta love POMP for his very long Bitcoin predictions.  He really is the greatest Bitcoin pumper that is out their in existence in Twitter.

When he makes posts about Buying bitcoin I think it affects his 400,000 Twitter followers.  I have seen some famous people posting in his Twitter feeds so hopefully these rich people are listening to his advice.

100k per Bitcoin by end of 2021 sounds too good to be true but he has been right about price predictions before so I refuse to doubt him.

It wouldn't be "crazy" obviously, because even one million dollars per bitcoin is technically possible, all we would need is sellers not willing to sell under 1 million per bitcoin and we would be here even today without even having any buyers, just have sellers not sell under 1 million and that would be the price.

So, I agree that 100k is obviously possible and not crazy, however it is also not guaranteed neither, it is in fact not even probable neither, it is just a possibility that most probably won't happen. I would say anything around 30 to 50 thousand dollars would be a bit more possible and would probably become reality as well. All we need for that is to show the world that we are still hopeful about the price and not giving up on it anytime soon and keep on buying it.

We could all dream about our target price yearly but I don't expect that most of our dream could come true.
I could agree to this but I want to be more realistic even though I didn't expect nor dream for Bitcoin price to even hit $19K this year but it did manage to do it some how,
I still wouldn't expect that we could see it go $100K.

Why are we mixing possibilities with prediction? I would suggest you to check it again as it's not a prediction but rather possibility as we are already aware that anything is possible in crypto it may either cross $100000 or even drop down to $100. I personally think figure $100000 is bit overhyped and might not be an easy feat to achieve by 2021.

Everyone could have their own prediction and speculation.The difference here if these popular or known people do make out their sentiments is that it did really make up some buzz or simply say
it is really been scattered or showing off that it is really a significant one without even realizing that everything is just pure spec even though they do put up some basis.

Some do even put up 300k+ in price in year 2021 which is totally unrealistic or even with 100k in 2021 is just too much.That would really be a hell of a ride and we cant just
simply see these numbers without having that full adoption.

For now the best thing to be done is to observe on how this market behaves and somewhat do guess some realistic numbers that hoping for those higher ones.

If he said $50k maybe I am going to believe that, with the way the price has been going lately, after reaching almost $20k it started to crash again. We don’t know when next the price is going to hit a new ATH, but if it does, I feel positive that it might get to $50,000 or maybe not, but that price is what I can take.

As for $100,000 it’s not a price that seems believable to reach anytime. As for now the Bitcoin marker is finding it difficult to get pass its last ATH, and with the way it’s been dropping quickly yesterday and today, I don’t know what price it will be heading to next.

For sure $100k is the primary target of this market cycle. If the market cycle concludes by the end of 2021 then for sure it should peak around $100k. It may just miss it (like top out at $90k or something) or it may break it and then fly to like $120k the way last cycle breaking $10k sent it to $20k. But for sure $100k is very reasonable and realistic.

Anyone suggesting it's "crazy" or is gonna take many years to get there simply doesn't understand the Bitcoin market. If the market tops at the end of next year, it'd be frankly shocking if it didn't get at least near $100k.

Maybe this is the part of the hype over the past weeks to boost the price of Bitcoin but it wont happen easily even if we want it this is also an overhyped prediction. Bitcoin is the best coin but we have to see the real situation of the market and don’t just believe on any prediction, 2021 might be a good year but no one can assure that.

Let's get crazy.. it's possible to see $100k because it happen in the past that bitcoin had some crazy bull run.
year 2017, I think bitcoin was just $1,000 at the start of 2017, and we didn't expect it to reach $20,000 by the end of the year, close to that actually.

https://www.coindesk.com/bitcoin-price-1000-january-1-2017

So, that's almost x20 increase, and look with the current price now of $18000, let's say it will close down at $15000.. you just need some 7 times increase to hit that $100,000.... easy peasy.  :)