BTC $100K-288K before Dec2021 ?

[jubalix]

Stock to flow just the latest buzzword meme

[Lucius]

At the moment we need middleman like PayPal, Binance and other key players to bring in more adoption. Your avatar (spending-bitcoin.com) shows that merchants accepting bitcoin are rising at an enormous rate and with PayPal entering the scene we would be seeing insane adoption once virus nears its end.

PP is of course one big and significant change, although for now it will not allow users to withdraw or deposit crypto - but only to buy -> hold -> sell -> spend. But the fact that PP is available at about 26 million outlets speaks for itself, while I am promoting a site that has just over 1200 online stores - the difference is astronomical.

In fact, the pandemic favors online shopping that has literally exploded, and all those doing business in the online world are recording record earnings. Of course, most want the pandemic to end as soon as possible because it not only does economic damage and takes human lives, but also has long-term consequences for people's mental health. All the money in the world is in vain if we lose our health, and those who have lost it know best.

[OgNasty]

There's no such thing as accurate prediction when it comes to predicting the price of Bitcoin in a market at a given date or even year, only newbies will believe this even those who started out in Bitcoin cannot accurately predict the right price at a given date, even if you are good in reading chart or data, you can predict some period but you cannot go fast 50% of your prediction accurately, it's time for people to get the fact.

My wallet wholeheartedly disagrees with you.  Bitcoin has been the most predictable asset I've ever seen in my lifetime.  I've sold the top and bought the bottom of the last two bubbles.  I'm now getting ready for the 12 month ride of my life (for the third time).

[daarul50]

Keep dreaming like we used to.
The last time we were dreaming about how bitcoin price could move from $500 to $10000 become a joke for some people who really thinks bitcoin as a scam thing and would disappeared instead.
Then voila! Here we are riding through $20000 like it is nothing.

There's no such thing as accurate prediction when it comes to predicting the price of Bitcoin in a market at a given date or even year, only newbies will believe this even those who started out in Bitcoin cannot accurately predict the right price at a given date, even if you are good in reading chart or data, you can predict some period but you cannot go fast 50% of your prediction accurately, it's time for people to get the fact.

My wallet wholeheartedly disagrees with you.  Bitcoin has been the most predictable asset I've ever seen in my lifetime.  I've sold the top and bought the bottom of the last two bubbles.  I'm now getting ready for the 12 month ride of my life (for the third time).

Noted.
See ya in the next 12 month and we'll see how much worth it then.

[BrewMaster]

There's no such thing as accurate prediction when it comes to predicting the price of Bitcoin in a market at a given date or even year, only newbies will believe this even those who started out in Bitcoin cannot accurately predict the right price at a given date, even if you are good in reading chart or data, you can predict some period but you cannot go fast 50% of your prediction accurately, it's time for people to get the fact.

i don't see any claims about accuracy here or even an accurate price prediction. the range in title alone is defying your comment it is in a $188000 range! it doesn't get any more inaccurate than that
as for the price prediction itself, it is not as hard to predict it as you would think. i have seen so many topics that did predict the way price is going to rise up from back in 2012.

[boltz]

So many tried to predict Bitcoin price in the future and so many failed , why would this guy be different ? The price will eventually increase and that is a fact but we cannot tell exactly when and if I was to choose I would go with 2022/23 and not with 2021 as we're still in the pandemic phase so I don't see any big economical growth.

[cabron]

Of course, he is uncertain, it's in his post.  He didn't promise to eat his dick but it's just his speculation. $100K-288K is a wide range though so if it's more than $100k, he still predicted it right. His forecast still is a safe zone if the rally continues since this year.

The higher the price will be after the next halving, it's just 6BTC this time but after the next halving, the BTC scarcity is real.

[Japinat]

I'm not sure about that price though, we are having some good run now but it's not yet sure if we will reach a new ATH.
Bitcoin would be bullish more if it will reach then ATH but it will also have some correction which would again cause some panic.

2021 is just one year, that's over 14 times fold if bitcoin will start from $20,000 as its ATH.

Will see this one, but I'm not really confident it will reach at that crazy value.

[Sanitough]

So many tried to predict Bitcoin price in the future and so many failed , why would this guy be different ? The price will eventually increase and that is a fact but we cannot tell exactly when and if I was to choose I would go with 2022/23 and not with 2021 as we're still in the pandemic phase so I don't see any big economical growth.

Everyone has their own bullish prediction when the market is bullish, we should not be surprise with that, its even the reason why I failed to dump my coins in the last bull run because I listened to bullish people saying bitcoin will still rise and will reach $50,000, but look what happen.

So lesson learned for me, no one can really tell what's gonna happen in the long run, if you have opportunity to make yourself profitable, then grab it.

[Lucius]

So lesson learned for me, no one can really tell what's gonna happen in the long run, if you have opportunity to make yourself profitable, then grab it.

If you read OgNasty post you can see that Bitcoin has been very predictable so far at least as far as the new ATH is concerned, because halving is the trigger that drives the whole thing - and it seems to be the case this time as well. The last big bull run was launched on the ICO wave and on Bitocin futures news, which people completely misunderstood as something that would inflate the price to some unreal numbers, which was not realistic at the time.

I agree that you should trust yourself and your feelings, so even if you are wrong at least you will not blame others for it. It is experience that makes the difference between a good or bad decision, and everyone who was with Bitcoin 3-4 years ago should have learned something - the question is whether they have really learned and whether they will know how to apply it.

[error08]

There's no such thing as accurate prediction when it comes to predicting the price of Bitcoin in a market at a given date or even year, only newbies will believe this even those who started out in Bitcoin cannot accurately predict the right price at a given date, even if you are good in reading chart or data, you can predict some period but you cannot go fast 50% of your prediction accurately, it's time for people to get the fact.

My wallet wholeheartedly disagrees with you.  Bitcoin has been the most predictable asset I've ever seen in my lifetime.  I've sold the top and bought the bottom of the last two bubbles.  I'm now getting ready for the 12 month ride of my life (for the third time).

Do you think bitcoin will eventually reach at least $100k in 2021?
There are a lot of predictions regarding bitcoin that could reach $100k in the next year, but it still too far away at this point.
I would agree if bitcoin manage to reach at least $50k by mid-2021, only if the price won't plummet after reaching a new ATH.

[hahay]

However much the increase will be, basically the bitcoin price will still go up, right? There is so much speculation about the price of bitcoin and I think most of them predict a price increase and that is certainly a good thing. But indeed, an increase of around $80k in a year is something that is very unlikely, because the reduced supply will not make the price will continue to rise rapidly at least there will always be resistance which of course the increase projected to occur in the near future will not be easy.

[Lucius]

~snip~

If we take into account the law of supply and demand, at the moment we have less and less BTC on the market because it is bought by large investors, and all this results in an increase in price. If this trend continues, there is no doubt that the price will go up, but we can never know whether these same investors will at some point decide to profit and thus create a chain reaction of sell-offs.

To reach $100k next year we should increase the market cap about 6 times to $2 trillion which may seem like a lot, but that money exists and it is not impossible to move in the direction of Bitcoin. I think we are in a very early stage of institutional interest in this type of investment, and next year could be very interesting and set up a new ATH that can realistically be 4-5 times bigger than the one from 2017.