Poll: What year will we hit $100,000?

[romero121]

Even if such rise occurs even after 10 or 20 years it would be could. But I don't think this could happen. From my calculation it would reach the maximum of 5000$ not more than that. 5000$ itself is high, takes long years to reach. So no hope for 100000$

[pissedoff]

Even if such rise occurs even after 10 or 20 years it would be could. But I don't think this could happen. From my calculation it would reach the maximum of 5000$ not more than that. 5000$ itself is high, takes long years to reach. So no hope for 100000$

It is possible that the bitcoin price reaches $100,000 if the banks start to adopt it but I doubt that will not happen.

[Epicnicity]

I don't think bitcoin will reach $100.000 within our generation.
Maybe 2 or 3 generations after us. All bitcoin needs is time to grow and for people to adapt to it.
Demand has to be larger than supply, since bitcoin is limited it will take a very long time to get to that point.

[richardsNY]

I don't think bitcoin will reach $100.000 within our generation.
Maybe 2 or 3 generations after us. All bitcoin needs is time to grow and for people to adapt to it.
Demand has to be larger than supply, since bitcoin is limited it will take a very long time to get to that point.

I personally don't think we'll ever see the price reach $100,000 per coin. It means we will see the price increase 27000% from the price level today. Let's see first if we can get to $1000 and after that we'll talk about $10,000 and after that we'll talk about $100,000.

[ninjarobots]

Let's hope we hit 10,000$ by 2020

[pissedoff]

I don't think bitcoin will reach $100.000 within our generation.
Maybe 2 or 3 generations after us. All bitcoin needs is time to grow and for people to adapt to it.
Demand has to be larger than supply, since bitcoin is limited it will take a very long time to get to that point.

I personally don't think we'll ever see the price reach $100,000 per coin. It means we will see the price increase 27000% from the price level today. Let's see first if we can get to $1000 and after that we'll talk about $10,000 and after that we'll talk about $100,000.

You are right. We are think about $100,000 but first we need to rise back to $400 again before talking about the next thing.

[dothebeats]

Honestly, I can't even see bitcoin sustaining a price of $5000 a piece because people's mentality is to sell when the price reached 4 digits. How would it even reached a higher value when people are eager to sell when the price reaches $1000?

[simon66]

I'm surprised to see so many votes of "never"...

I think that once this halving drama is out of the way, and the scailability issue is solved, it could easily go 10X from here and gain much more adoption from then on because everyone will once again have faith in BTC.

[pissedoff]

I'm surprised to see so many votes of "never"...

I think that once this halving drama is out of the way, and the scailability issue is solved, it could easily go 10X from here and gain much more adoption from then on because everyone will once again have faith in BTC.

The halving will be coming soon and the market has to find a way to handle it and it might be the major event this year.

[calkob]

The progression is good, but 100k. NahI don't think bitcoin it is meant to be.

So 50k. Yes, but 100k.. nah.

I dont get the logic here, if bitcoin can 50k then why not a 100k.  to me it just dosnt make sense.  also the banks my not be siting still but it still dosnt mean they will ever release a decentralised currency,  if they ever release blockchain type money in will be highly centralised.

[gentlemand]

Even if such rise occurs even after 10 or 20 years it would be could. But I don't think this could happen. From my calculation it would reach the maximum of 5000$ not more than that. 5000$ itself is high, takes long years to reach. So no hope for 100000$

What are the foundations of your 'calculations'. $5000 per coin feels like a long way away but in the great scheme of things it still means Bitcoin is effectively a sideshow in global finance terms.  

I believe it'll either never get anywhere near that high or sail right past it to go far higher.

[mtnsaa]

If there is no actual demand or need for Bitcoin it will never reach a price that high, gold is scarce and precious and it's even needed for manufacturing things and it never reached those crazy figures. The only thing that can push a value like this if it becomes adopted by the mainstream and it's used for digital goods, etc everyday. That's pure math right there, only 21 million (much less than that available of course) with a strong demand equals instant high value.

[futureofbitcoin]

I'll just say 2025.

[CryptoBjorn]

I think it will never happen, I think its to much to ask from the bitcoin.
I think it just to much, maybe it will rise to a high amount but not such a high amount.

[MissionPhailed]

Interesting question. As other said earlier in this thread there are basically two possibilities:

1: somewhere in the coming years, Bitcoin really picks up momentum among the public, gets adopted by many large organizations, and gains a significant foothold in the financial world. Value absolutely explodes to several hundred thousands of USD and those possessing amounts even as small as 0,1 BTC, find themselves suddenly a lot richer. In this scenario, those involved in Bitcoin nowadays are still the early adopters.

2: during the coming years, it appears Bitcoin fails to break through. Value gradually declines (but never goes to $0) and crypto slumbers on in some sort of online Limbo. Trading continues -although reduced-, but a large influence in the financial worlds is impossible.

The question is: what direction will BTC take ... ?

[angaper]

I have voted for never. I can't avoid but being a pessimistic (a well-informed economist  ) Of course I will be very happy when the price reaches such high value, but I am mentally prepared for a wide range of potential scenarios, including the disappearance of bitcoin.

[lrdeoliveira]

i also voted never, the 100.000$/bitcoin it's a little bit utopic, a lot of people will sell at 1000$ causing a big drop

[MaritiJames3]

I dont think it will ever happen... The world wont allow it to,

I think it will never hit the 100000 dollar, its unrealistic in my opinion the bitcoin is unpredictable and its not possible. It will take many years for it, more than 20 years, its the question if the bitcoin than still exists.

[Nahl]

i would vote for never bitcoin would never hit $100k not in this year or next 20 years it's impossible and never gonna happen

[Invulner]

I would vote for 2020 because by then the currency would be further debased and $100,000 is probably not even 1 month's salary for the average man.