Bitcoin Forum

A nice trend line on the logarithmic chart to keep track off

http://image.ibb.co/kfzmuv/100000_by_2024.png



It seems to be working. I see a lot of people using the linear chart with Bitcoin, I think it's pointless at this point. To understand what's going on you need the logarithmic chart, otherwise you are going to think we are on a constant bubble. People have been looking at the linear chart since $1800 and saying it's too pumped because when you look at the all time graph in the linear view, it gives you a ridiculous green candle. Gotta look at this thing in log mode from now on.

$100,000 by 2024, hmmm it certainly seems possible. That gives us 6 & a half years, everything is uber bullish at the moment & I don't see $100,000 as unrealistic in that time frame.

There are guys out there who say that 100k could happen much earlier and that 100k is not the end.But it will bumpy and you will need balls of steele once the price starts to go insane.
Fact is that in terms of the big picture it is definitely much much better to look at the chart in logarithmic scale.

Yeah there are many speculation about bitcoin price value but some has been done as a realistic and some does not take care like as said. Everyone expect the bitcoin value to be happen as op said personally does not take it as serious. Unwanted chart analysis.

What I get from this graph:
-Bitcoin has been about 20-fold above the red trend-line twice.
-Bitcoin is now above the trend-line.

If this continues to a third-time 20-fold above the trend-line, that means $20k. If it then crashes back to the trend-line, it'll wake 3 years again to reach the same level, like it did after the 2013-crash.

Then again, you can't really draw conclusions from extrapolating historic data. What Bitcoin needs to grow, are more users, and more users requires larger blocks. So hurry up with SegWit, block increase, Lightning Network and any other improvements for Bitcoin :)

I've seen 4 big drops so far this year, followed by a new all-time-high. It's bumpy, and for peace of mind I like to sell something once in a while. Anything I ever sold would have been worth more now btw, and any altcoin I didn't sell is worth less now. I'm bad at timing, holding is much better long term.

We don't know when, it could be sooner or later but it WILL get to $100000 considering the rising difficulty and overall limited supply.

All hail the HODLERS!!

A Hundred thousand dollars? Aint that too much to achieve in 6 and a half years ? I am not saying that Its impossible for bitcoin not reaching or surpassing such a huge amount,it definitely can but what i am saying is that sometimes when you have too much of expectations ,it leads to greediness and if it goes your way then it would hard for any person to face something when that thing will be opposite of his expectations ,so just keep your fingers crossed and even i wish that bitcoin should reach 100,000$ by 2024.

how about 50k? i think it's reasonable number 8)

I could not imagine that the price of bitcoin cam be reach $100,000 value even we are seeing the fast price increase today i think the price until 2024 is impossible to reach that amount unless if amazon and other business or accepting bitcoin as payment and bitcoin are accepting locally because of the demand we will see that the price can be reach at that value .. but for now i can say that this speculation will be never happen base in my own speculation..

Well, i am not working with bitcoin to see logarithmic chart, but if it is right then in 2024 bitcoin would be reached at $100000. Then i am speechless, because for me, it is a huge amount and definitely people call me richest man and my all dreams would be come true. But in the end i would say it is just speculation we would be ready to see the bitcoin future till 2024 and still hold our bitcoins.

Do you think it will hit that price or only an exaggerated thinking because of the flow of price which is currently increasing day by day. I never imagined bitcoin will reached that price in a short periofd of time. 10k to $20k is possible maybe.

If you look at whatever type of chart from various positions and with various mindsets, you'll always find a way to point at insanely higher levels to be reached by whatever year. Everything is bullish, and I am sure it will stay like this for plenty of more years, but it's pointless to focus on the big numbers while we haven't even touched five figure levels yet -> $10,000 is now the main target. One thing however is sure, holders will always be the real winners. There is basically no risk to holding (if you're mentally strong enough to discard the volatility as holder), and it requires zero actual effort. The higher the price goes, the more difficult it will be to liquidate them to fiat into your bank account as non fiat wealthy individual. That's the only downside.

I don't know if it's too soon or not, that is just an idea that someone proposed, and I wish it to be true because I would be set then. I would just continue focusing on getting more BTC meanwhile.

It is definitely not impossible. Exponential growth can make these kind of gains possible. Look at adoption graphs for disruptive technologies such as the internet itself and you will see the graph looks insane, it went from nothing to everything in no time. Same goes for telephone, cars etc.

So I will keep hustling and hodling BTC, and I will continue looking at any interesting alt that I see worth my BTC.

Certainly possible if interest keeps growing at current rates and more companies begin to accept BTC.

$100000 seems to be possible, but when this gonna happen can't be predicted precisely. In less than eight years time the price had reached over than $4000. So the price might reach around $50000 if more people get into the bitcoin community by the year 2024.

I'm not sure if I understand what you mean.
Why should you have problems liquidating into fiat?
I'm pretty sure when Bitcoin higher 5 figures the banks will be bragging to sell them your coins if you want to.
And if not just use the OTC market. Also in 2024 I believe Bitcoin will be accepted in may places so you will not need to convert to fiat.
As soon as people know you own Bitcoin they will start to lick your shoes! :D

I'm not sure if I understand what you mean.
Why should you have problems liquidating into fiat?
I'm pretty sure when Bitcoin higher 5 figures the banks will be bragging to sell them your coins if you want to.
And if not just use the OTC market. Also in 2024 I believe Bitcoin will be accepted in may places so you will not need to convert to fiat.
As soon as people know you own Bitcoin they will start to lick your shoes! :D

this is highly possible. I am analyzing logarithmic bitcoin graphic for a while and it seems more accurate to me. considering that most people are still cautios towards bitcoin, I think that price is highly reachable once they look warm to bitcoin.

By 2024, 100 000$ ? Definitely ! That chart is a very precious one, I will add it to my convincing files for people doubting about Bitcoin.

Honestly I do not think, bitcoin prices may need another seven years to reach $100k price levels. I'm expecting by this year we are going to see $10k levels and then by the time of next halving we may see prices reaching $100k levels.

The mathematical calculations lag to consider real time adoption rate by people and merchants. Statistical is working only up to some point because no one can predict human psychology.

$100000 by 2019.

It is not only about human psychology. We haven't felt the attempts to destroy bitcoin by the Federal reserve. It will be a very serious contender and the outcome of this battle, nobody knows. Therefore, the future of bitcoin is still unclear and depends largely on us.

As technology becomes more accessible to all, the faster the 100,000$ becomes achievable. I just hope that the government would not impose fear to using bitcoins; once the media speaks negative about it, expect delay in getting to the 100,000$ mark. but anyway, I am positive that we will get there soon  8)

If the trend will always upwards or should I say that the sequence of cycle is the same as always then hitting $100,000 by 2024 is possible.

But we have to consider that it's impossible that there will be no happenings of big price crash or any attempts of FUD that will also repeat in cycle until 2024 came. Therefore, the goal of $100,000 is likely doesn't have an accurate guess of what chances should it have. After all we all don't know what will happened on the way.

I want to stick on today. If it happened then so be it but now I will just continously what I need to do in order to add the quantity of my hold bitcoin.

It seems possible saying that Bitcoin will stick to its track without any kind of drama along the way. It has been so normal to Bitcoin to bump into some kind of issue every passing year. So if Bitcoin will follow that track, many will become millionaires/billionaires within just 7 years. Imagine that. Looking forward to that year ::)

I'm not so sure the value of bitcoin will reach $100000 in 7 more years, but if that is right it would not hurt if we keep the bitcoin from now to go to a very bright future on bitcoin.

20K is possible in the end of year. Because the market is going very high new people are coming to invest they are investing in a large number of income what we never expect in the dreams because people are investing millions dollars in bitcoin because they know that bitcoin having future and they will get trice of these millions dollars.

I believe that to predict the future, it's a thankless job. So I want to say that I do not trust these predictions that some experts say about what will happen to Bitcoin in the future. The fact is that it calls so fantastic prices, that I refuse to perceive them as a reality for the near future.

$100,000 by 2024? Well this is not that exaggerated and this is realistic to me, 7 years from now we won't know what will be the price of bitcoin. And we just have to see it growing and growing as there's a lot of people that starting to be amazed on how fast bitcoin is growing. Nothing is impossible now in bitcoin and it can even grow higher than that speculation.

100K by then no worries.

Thats 6~7 years off.

BTC 6 or 7 years ago was what? almost free.

As absurd as this may sound to some people i think that it is completely doable in the long run.

People said the same thing when they heard others say that bitcoin is able to break the $1,000 mark again. And look at where we are right now, $1k per bitcoin is literally considered to be cheap. However i think that 2024 may be too soon of a time. If that date was moved back to 2034 then i'd have my money on btc being $100000+.

A fiat value assigned to bitcoin in the long run is pointless, really. Because bitcoin is a disinflationary currency, and fiat is inflationary and may become worthless at any given moment.

Also, don't forget McAfee's bet on bitcoin going to over $500k by 2020. I mean it sounds crazy, and i know it's probably not going to be achieved, but still.

It is very short time to reach that price I believe. But odds say bitcoin's price will eventually reach something like $50k very easily.

just see what happened in the last seven years.. i think it's not impossible but we must consider that part of new investments could be hijacked to new alts or ICOs

Without a doubt it is possible, only time will tell. But no matter what happens bitcoin is now established and interest in it continues to grow. The price will definitely be up in the long term.

And yes, governments and central banks will probably try to stop it. But, as always they will be too late to the party.

But they definitely can stop the bitcoin, they must stop all of the nodes around the world that makes the bitcoin network run and work. But honestly the banker and goverment just try to waste all of their time with non sense thing.

Considering bitcoin halving in 2020 then 2024, $100,000 is looking realistic for me by 2024
Only doubt is if we develop some powerful quantum computers which will decrypt all private keys in a jiffy  ;D

What a perfect Bitcoin graph! I cant imagine I will become a millionaire by 2024 lols thats 7years from now. In my country, it only takes 9btc to achieve P1,000,000.
So while Bitcoin is only 4000usd, invest invest invest....

Not easy, but it is possible. It all depends if Bitcoin manages to reach to the big public. If many people begin to use it, it has to rise due to the limited supply. And there are tons of people who do not have a clue about Bitcoin yet.

I think it possible as long there is continuous support and more investors of bitcoin. By 2024, the growth of bitcoin will keep increasing maybe by that year. Though the truth it is all speculation we will never know the movement yet but hoping this would happen and to all HODLERS will be rich by that time.

I think it's possible and it maybe faster.
But we have to think about why specifically BTC increasing everyday.
Is it any super (more than big) investor in this crypto?
If yes, it may increasing but the time they take profit the price will drop than we could imagine.

But sure the possibilities are high in this case. ;)

I just recently read an article from some Harvard Academic who claims that bitcoin price will reach the 100K level already in the year 2021.
Sounds too good to be true, and I suppose that it probably is.
But from all the scenarios of bitcoin future developement I have seen so far, a vast majority predicts larg increases of price.
I am counting on them!

I gotta say - 100k per 1 BTC seems like hardcore Sci-Fi than realistic future we will see in the next 10 years.
I want to believe in this scenario but we need to remember that our community will most likely see some major setbacks along the way.
If you study Bitcoin history you will see that we didn't have a constant period of growth and prosperity at all.

As per my experience about the market cryptocurrency in history until today, after have many predict about dream price for Bitcoin, the market Bitcoin will have big problem and return to start again. However, I hope my worry is wrong :P

Logarithmic trend lines are not applicable for economic charts and assets. Applying to do so causes great mistakes in the market. $100.000 would be more than $25.000.000 by 2024, if you ask me.

This line is only touching the lows. It should be in the middle.

If you put in the middle we would have 100k by 2019.

Why people who do charts are always so bearish?

Well we cannot predict the value by year 2024 but as you know it may happen. As currently the demand is getting high and may decrease. Im looking forward for the bitcoin value may skyrocket for he upcoming years and Im ready to ride on.

$100,000 is really hard thing to achieve in 2024 and it needs a lot of business that can be accepted bitcoin as payment or like a big company amazon if accepted we will get more impression as payment method. and it can increase its value because more people discover bitcoin to use for online and the benefits of the price increases since bitcoin is not stable we will see that the price can be increase.. but i am thinking that this price is impossible to happen because we are still not achieve even 10k value..
Hope that there are more country that bitcoin can be accept locally..  and more business will accept bitcoin as in their business..

The price might look big, but this might get achieved in the long run. The reason is that, just with the legalized usage from two or three countries the price has reached around $5000. If the same continues with more countries being into bitcoin then reaching $100000 won't be a big deal. Also in between 2024 we're gonna experience two halving.

It's still very long, but maybe it will happen. Nothing is impossible, even bitcoin can reach a price of $ 4000 from $ 1000 in less than 1 year. Well, even though it's so high and looks impossible, I guess it's really possible...

Only Japan had accepted bitcoin as a "official" coin. Australia is still in process of doing so, and we can always use mBTC as units for purchases in vendors, wherein the average Joe will say he have 100 bitcoins when in fact he have 100 mBTCs.

Its possible to have a 100k value. It would have the marketcap of gold.

I think that this price is impossible because we are still not reaching even 10 k value bitcoin. current price btc were declining so that we can predict the price of the bitcoin next only luck in favour of us all. but I am very berharapkan bitcoin will continuously rise so it probably will reach $100000 in year 2024 ;) :)

I hope so, but what about fees?
If bitcoin reach $100000 transaction fees will be $50 or $100!
I don't think 100000 is possible just because of it unless everyone buy and no one spend bitcoins.

The problem of the high commission will be solved already in November this year. I think when the block size is increased, then we will get cheap and fast transactions.
It is likely that bitcoin will become very expensive

I think that is the absolutely longest it will take bitcoin to hit $100k. I'm expecting it to hit $100k more like in 2022. But I'd still be happy if it took all the way to 2024 to happen :)

We do not know but just keep on believing on bitcoin everything happens for a reason if the price will become that high in the year of 2024 maybe all of us will be rich that quick who had already bitcoin on their wallet and stock for that long. The problem is is this will become true? Although no matter how the price is as long as i can use bitcoin im happy for it.

There is also another factor which might make the price go up.
All of these analysts make forecasts based on the total BTC (21 million)

They didn't count there are thousands of missing BTC.

We all know that the less coins exist the higher the value goes.
Think that there are people who missed their BTC because of hardware crash, others dropped their hard drives in waste bins when BTC was almost nothing. (Someone threw his HDD with 7500 BTC on it.)
https://www.forbes.com/sites/kellyphillipserb/2013/11/30/from-treasure-to-trash-man-tosses-out-bitcoin-wallet-on-hard-drive-worth-9-million/#387bd1fe245c

There might be wallets full of BTC that are lost, forgotten, etc etc.
Some other people might have died and their family doesn't know about BTC and so on.

Think how many people solo mined BTC at the beginning and then they said, what a BS is this? I delete everything.

I strongly believe there must be more than 200k BTC missing till now.

You do not have to take the prediction super seriously this is just a way to explain the behavior of bitcoin, I also think that is too high of a price but if it happens I’m not going to complain, the only bad thing is that I do not have as much bitcoin, I hope to get to my goal of 15 BTC before the end of this decade, if I’m able to make it then the only thing I will have to do is to hold and wait to the day I’m rich.

It could happen, but I'm not sure the bitcoin price will go up so high in 2024, maybe more. Bitcoin does always give us a great surprise, and I think it's not impossible for that, so maybe we should collect a lot of bitcoin before it actually happens.

Possibility, It will be happened as you tell us about logarithmic chart. Because i see this chart and in it, tell us a quorate price of every year. Then no doubt i will agree on it, that in the year of 2024 we will see bitcoin come at $100000. Then it is happy moment but still it confuse me, that should i hold my bitcoins for a long time or sell them in a highest price at $5000? 

We just hope that all of this projection and prediction can indeed happen. While I am barraged by so many positive predictions, we are seeing some posts warning us of the possible Bitcoin bubble. I wonder what would these negative thinkers will say once Bitcoin can already be in the 50K vicinity...maybe they would really launch an educational campaign telling people that the BIG BITCOIN BUBBLE can be imminent.

Lately, there had been so many wild projections for Bitcoin but many of them will not come true that easily as the road to Bitcoin triumph is always littered with so many ups and downs and many frustrating developments. The coming November debate is already here and it can also affect the value of Bitcoin but I am hoping that come 2018 things will get clearer and easier.

People talked about balloon when BTC was 1000$ and they were wrong, from now on I do not listen stupid talks, just watching them and comparing. There is increasing demand for BTC's so price rising natural. Everything is possible, but 10k now looks completely real. In few years 100k will look real if we continuous this way.

Could be possible, because of the fact that the price seems to be at least rising by 5x every single halving and this is a trend that we have established in the past 2 halvings already. Actually, this year's halving brought around a tidy 9-10x profit for investors.

If we just have a 4x rise per halving, then btc will still be at around 70k by the end of 2024. $100k isn't really a worry if you take into account the hype that will be generated that will be short term, and btc will be considered a hedge against inflation meaning more people investing.

However i do think that $100k by 2024 is a hard thing to achieve. Make it 2030 and i'll have full confidence in your prediction.

Nah don't really think that bitcoin could worth that high in 2024,
It seems to good to be true,but who knows maybe it could after all no one know's what would happen in the future.

Hardly if not possible at all. It's hard to predict human interaction with math alone, if the price was rising and falling from the influence of the stars (an example of something that's fixed in it's movement) than you can use simple logarithmics to predict the price, and that doesn't involve unpredictable human interaction.

Like a two side of coin .Any thing may happen in future.If the number of users in bitcoin is increased means,the price will increases as we expect. 100000$.If the number of users is decreased as much as expected means,
the price of bitcoin will not reach that much raise and increased Upto 50 k $.Let see what will happen.

This show to us that we are not the only ones with faith in bitcoin more and more people experts on economy and technology are coming forward and give their predictions and almost all of them agree on one point bitcoin is going to go up in price in the future, if that is not enough to wake up people to the fact they have am opportunity like no other in the form of bitcoin then I do to know what will need to happen for them to wake up.

If you use that graph as the point that bitcoin reaches as minumum value it could even touch 1,000,000 as one of the peaks before returning to 100,000 as bottom.

Quite crazy if you think about it.

This is so distant future and there is no possible option that you can predict how the price is going to be at that time. But why even bother, we have opportunity to deal with Bitcoins now and look into closer future without a month or two. The price has crossed 4500$ and it's heading towards 5000$. What will be the limit this year, this is what I like to think about, not what is going to happen in 2024.

If bitcoin price reach 100,000 dollars for sure we will earn a lot of money in the year of 2024 and if thay happen im very thankful on that year and possible im become a millionaire person.  But the percent is less or I would 30 percent to possible because we know that 100,000 dollars is not easy to reach and I think if that happen 10 to 15 percent of the population of the world using bitcoin to reach that price.

This prediction is much more touching the reality than most others without even trying to put analysis data and graphs. Well done and i think it is much more possible than those other speculations roaming around and surfaced claiming this and will come to that. You have valid points and I think we do have same prediction as of now.

Now I also believe in this prediction. But a few months ago, when I was a novice in the crypto currency, I would not have believed such bold predictions. I am very surprised and fascinated with the Crypto currency.

This could surely happen, and anything can surely happen with bitcoin and even this speculation, we could certainly say that in the years to come this kind of value can be reachable and having a chart like OP had presented this is truly a magnificent ways Bitcoin price would surely be heading, but this kind of speculation is a long term one and the years gonna be 2024 by then.

The why not? Lets be thankful if we will be hitting that price by year 2024 and for now as we have observed of bitcoin price it now gathered more investors and expect by september, we will be surprised of the price per bitcoin value also a domino effect with lots of promising alts. The data showed realistic trend and it's now becoming so rampant nowadays so everybody must be awaiting of everyday's surprising price updates.

This prediction will become true theres no time no waste and we are now into new generation that all thing are in technology and probably there will be a n atm bitcoin machine to be use, and there are more bitcoin to mine and the volume of bitcoin will increase soon let's be thankful for what bitcoin is now. I believed on this prediction because bitcoin is a very succesful coin to be use of those jobless and those who don't want to work from their offices.

I think like other said it can be happen because this year is different from past few years ago the movement is continues increase and we didn't experience any trading site was down or hacked and we are seeing the more price increase i am happy that the movement of the price really different from the past few years..  so i think this speculation can be happen in 2024 or more..
so if you have money to invest don't lose this opportunity to make a good and great profit in the future..

Those kind of movements could be possible in theory but not in practice if people adopted bitcoin to the point bitcoin reached those values then it is almost impossible we are going to see a loss in value over 90% at that point the variations are going to be less than one percent.

I dont think bitcoin price will hit 100k dollars because  that price for me is very impossible to happen  because they need a lot of investor not an ordinary investor we need a millionaire investor because they reach that. I think the the price of bitcoin in the year of 2024 is around 10k dollars up to 20k dollars but we dont know what actually happen in the bitcoin price after few years .

$100,000 by 2024,i think maybe it will be below $100,000.but $100,000 is still possible to happen.when the price get higher my concern is,only rich people can afford to buy bitcoin.

What kind of speculation it is? Do you think for that short time bitcoin value will reach $100K? That is exaggerated, I think we need a close to reality speculation.
I don't think that after 7years bitcoin value is raised up to $100K or even 10years, bitcoin value now is only around $5K so don't ever think that after 7years it will jump to a $100K.

And I believe in it. Bitcoin is becoming more popular and the speed and number of transactions are compared with VISA. This indicates a big breakthrough and the growth of bitcoin. And given the fact that the number of bitcoins is limited, there are all chances that the price of bitcoin will be 1 million dollars

I think scarcity is really one factor that can bring bitcoin price to a certain level in the future plus the demand would be really high that time so its possible that the price could reach $100000 in 2024. But first we need to take baby steps, let's see if we can touch $10000 first and see how it goes from there. Bitcoin has proven that it has the ability has risen from the past and I have no doubt that it can get further. But I can't say for certain that $100000 in 2024 is possible, unless something drastic has really happen to the ecosystem that will really push the price to this level.

Have you read the thread title?? It says $100k by 2024!! I wouldn't call 7 more years from now on short term. More medium term.
And that price is not that much of exaggeration at that point in time imo, if Bitcoin will still be the dominant Coin and Blockchain.
Furthermore we are still in a very early phase, probably early adopters (2.5%) and some time next year we  may move over to early majority (~13-15%).
You will be shocked once exponential growth really starts to kick in!!

I do not know that seems too soon for me, bitcoin is gaining recognition, traders and investors cannot longer ignore bitcoin, they can see that great earnings are possible in this market and yet that price seems unrealistic to me, do not get me wrong I would like that to happen but the chances of that are zero.

Hard to imagine if bitcoin become $0.1B in 7 years. I am doesn't dream too high about bitcoin prices in the future. With current rate, feel very happy because it was worth my effort to gain bitcoin from many years. Maybe $ 10K is more realistic to happen.

Wow, that's a cool little trend line!

It looks like the trend line for Moore's law, given the increasing pace of growth over the similar time frames. Here's a link: https://www.economist.com/news/business/21648683-microchip-pioneers-prediction-has-bit-more-life-left-it-ever-more-moore (https://www.economist.com/news/business/21648683-microchip-pioneers-prediction-has-bit-more-life-left-it-ever-more-moore)

Of course, sharing this chart with anyone who isn't already hodling is just asking for a "it's a fucking bubble" response. Traditional investment characteristics and behavior don't apply with Bitcoin. The reason is that those that have really adopted bitcoin don't see it as an "investment" or something that you stash your money in for a defined period of time. They see it as an alternative to an existing flawed systems. Once your money is in bitcoin there's little reason to move it out of bitcoin.

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To put this chart in the proper context we need to put the rate of demand alongside it and then determine how that rate of demand applies to the available population.

That kind of gain in 7 years seems unlikely but not impossible. That would be more than an average 50% gain per year for 7 years. I just don't see that a a very likely gain per year. I would expect a more modest growth of 10% per year at this point. I don't think an exponential growth is something we should expect. There will be down years and corrections in the price along the way.

10% a year is not growth at all. Crypto currency is so slow to grow. I'm sure that the biton has a huge potential, thanks to which the price can increase very much

Wow :o i think about this i really haven't yet thought/haven't yet sure about it at all will bitcoin price reach $100000 by 2024. For me it is very difficult to predict it or estimate it, well i just hoping that it can happening in the year 2024.

if you believe that $100.000 within 2024, have to seek how the human is accepting bitcoin, or altcoins traded as bitcoin. IMO the price of bitcoin is gonna be at least that price with the newer economic apocalypse in case. other than that, the physical bitcoins give help to that trend too.

Yeah, BTC price can not be just predicted using a simple exponential graph. It just gives a idea that if the tried continues then what the price would be in 2024, but honestly the trend never continues there are always some setbacks. I think it's still too soon to predict prices for 5-10 years down the road.

From my point of view Bitcoin will reach 100000$ .Bitcoin will serve till the year of 2050.If you have not want certain amount of dollars means keep in bitcoin. I.e Inverse that unused money in bitcoin. After certain period of time, that holding money will make you a millionaire or billionaire one day.

100k dollars in the year of 2024 is very impossible to happen because that price is very big and they need few decades before they reach that and the percentage to reach that is very low . For me the highest price of bitcoin is 30k dollars. But everything is possible to happen we dont know what the price of bitcoin in the year of 2024. But I hope the price is veryhigh so we can make a lot of profit.

Yes it is impossible to increase bitcoin into 100k, if we review now bitcoin fluctuation in the market we can see that it is in the decreasing trends. I think it will continue down until end of September.

A 10 % growth will be a lot slower than we are used to, but it is not a bad growth at all, bitcoin has grown a lot more than that almost every year so I would not mind if we had year or two like that, that way we can get more bitcoin since I suppose most people in the forum will agree with me that they will like to have more bitcoin before the price becomes unreachable for most of us.

Once when the price started to move closer to $1200, each and every user were much focused on reaching $2000. This suddenly made the price reach $3000 and higher moving depending on the adoption happening in large scale. Such a situation will surely provide with unexpected price pumping which might take the price to $100000.

But that amount will be far from what its value now, more things might hinder it like what China been doing now,same thins might happen while reaching such amount

Bitcoin cannot be predicted that easily but it is fun to think about after all bitcoin does not follow a mathematical formula for growth, we need human adoption and that is something that will come but how big it is will depend on a lot of factors, if the economy improves then not many people are going to adopt bitcoin but if the economy fails then people are going to adopt bitcoin very fast.

There is no way that we're going to be able to push out that sort of timeframe. Obviously went to creases and the steady increases in the value of the coin it could make it to set prices in that time frame but there are so many things and other factors that could change that overtime that there's no way anyone is going to be able to make that asseratatuin. All you did was just but after chart draw the line to the end that doesn't mean there's not going to be something that's going to happen is going to change those factors.