Hodor the BTC! 1BTC = $100,000 in 10 years!

[Chandu141]

Hello BCT,

Not sure if people are hodling or holding BTC at current price of $3333 but i am going to Hodor the BTC to let it rise till $100,000 as per CNBC news



 

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[mk4]

Yes. I'm also highly bullish on bitcoin too, and I am very confident with it. But I hope you understood the title of the article correctly.  

I've read the article you linked. Title reads: "Bitcoin could hit $100,000 in 10 years, says the analyst who correctly called its $2,000 price".

Take note that it says COULD, not WILL. I sort of partly agree with the analysis of Van-Petersen, but mind you that it isn't guaranteed that bitcoin will continue to rise and rise every year, as there's a chance that things can also go wrong(I hope not). Just giving you and other readers a heads up. I personally think it's alot better and safer to diversify your crypto investments. 

[Ayiranorea]

Already several speculations have come with perfect reason that the price will reach $50000 and so on. This has got lots of chances as the price we have reached now from a priceless token is great. If the same growth percentage continues we'll be profited big through the same reaching 10000$,50000$ or even higher.

[Hatcher]

That's actually more or less the point where I might be tempted to sell. Hodling until then.

[Chandu141]

That's actually more or less the point where I might be tempted to sell. Hodling until then.

haha i know what you mean to say.. there are two points.. one is tempted to sell and second is the need to convert it to fiat currency. even though if one sell BTC another will be hodoring it  and so it goes on and on ... and i hope so too

[PokerFace3]

Bitcoin prices got triple the value in last 7 months hence I am sure it will not take 10 years to reach 0.1 million USD levels. By considering the adoption rate of bitcoins, we can expect prices to hit $10k levels by end of 2017. If it will be happening then we can see  0.1 million USD levels by end of 2018.

Because this kind of discussions and CNBC kind of media coverage will be helping bitcoin to spread our more drastically than we can expect. When more people are coming into aware of bitcoins and then adopting it, I believe those speculations may happen so earlier than expected.

[Cashew]

I will hold as long as I will not have to sell my crypto-currencies for exemple for an urgent need. And if God want that I hold my crypto-currencies until the price reaches 100 000$, then I will.

[MintCondition]

That's actually more or less the point where I might be tempted to sell. Hodling until then.

haha i know what you mean to say.. there are two points.. one is tempted to sell and second is the need to convert it to fiat currency. even though if one sell BTC another will be hodoring it  and so it goes on and on ... and i hope so too

Hodling is just a myth that pass through different generation. All people don't have enough patience to resist selling BTC while it's price is expensive. Maybe today they are holding then tomorrow they just sell it when they need it.

[BitHodler]

I have been hodling my coins from the moment I started buying at sub $300 levels, and will definitely continue doing so ~ current levels are still peanuts for me.

Why on earth would I get tempted to cash out any of my coins for something like fiat, that only happens to make our wealth go backwards instead of forwards? It makes zero sense.

I am perfectly capable of keeping a cool mind at the time the price goes up or down significantly, so there is nothing that will prevent me from achieving my ultimate goal.

[teamcryptonator]

That's actually more or less the point where I might be tempted to sell. Hodling until then.

haha i know what you mean to say.. there are two points.. one is tempted to sell and second is the need to convert it to fiat currency. even though if one sell BTC another will be hodoring it  and so it goes on and on ... and i hope so too

Hodling is just a myth that pass through different generation. All people don't have enough patience to resist selling BTC while it's price is expensive. Maybe today they are holding then tomorrow they just sell it when they need it.

In trading, holding is the way for people not have more time for trading, but they have free time money can investment or saving, so they choose holding cryptocurrency for replace saving in banks or gold ... But remember after store their coin in walle safe, they will forgot this amount and waiting in one day the price of Bitcoin reach to high price as their hope

[SvenBomvolen]

100K$ sounds really impossible today,but Bitcoin has already broke many pessimistic predictions. I have a piggy bank where I put 20% of my bitcoin earnings for the case of big price, don't know, I expect at least 5000$ per BTC which doesn't sound so crazy anymore  other money I spend for gambling and cashing out. Money should roll, so I earn bitcoin and spend it. i am the one who move the economy! In the case that if everybody would just HODL I doubt the price would reach such high points.

[Chandu141]

100K$ sounds really impossible today,but Bitcoin has already broke many pessimistic predictions. I have a piggy bank where I put 20% of my bitcoin earnings for the case of big price, don't know, I expect at least 5000$ per BTC which doesn't sound so crazy anymore  other money I spend for gambling and cashing out. Money should roll, so I earn bitcoin and spend it. i am the one who move the economy! In the case that if everybody would just HODL I doubt the price would reach such high points.

my assumption and as per the concept of economy , hodring makes limited supply for traders and so the demand raised and the price is directly proportional .. 

[AK47-]

100K$ sounds really impossible today,but Bitcoin has already broke many pessimistic predictions. I have a piggy bank where I put 20% of my bitcoin earnings for the case of big price, don't know, I expect at least 5000$ per BTC which doesn't sound so crazy anymore  other money I spend for gambling and cashing out. Money should roll, so I earn bitcoin and spend it. i am the one who move the economy! In the case that if everybody would just HODL I doubt the price would reach such high points.

my assumption and as per the concept of economy , hodring makes limited supply for traders and so the demand raised and the price is directly proportional .. 

In the period of 10 years, $100000 is quite possible. There is a huge market  potential still left with only 1% world's population into Bitcoin. Plus supply is very limited and will reduce to half after every four years. Demand will most probably stay in millions.  This will ultimately gonna increase the price.

[HatakeKakashi]

The price of 100,000 dollars is very big amount and I think the chances of they reach that is 1 percent only . Because if the bitcoin price reach 10k dollars i think many people would sell their bitcoin.  For me the highest price of bitcoin maybe around 10k upto 20k dollars and it takes more few years before they reach that amount. But everything is possible to happen. We dont know what is the exact price of bitcoin in the future.

[Meuh6879]

I prefer image ...

[Kimpoiluiseta]

iam not believe if bitcoin price can incraese to 100k dollar
is imposible, if accident i think find bitcoin is very dificult

[gentlemand]

The price of 100,000 dollars is very big amount and I think the chances of they reach that is 1 percent only . Because if the bitcoin price reach 10k dollars i think many people would sell their bitcoin.  For me the highest price of bitcoin maybe around 10k upto 20k dollars and it takes more few years before they reach that amount. But everything is possible to happen. We dont know what is the exact price of bitcoin in the future.

Nope. $1 million is the truly stupid amount.

$100,000 is conceivable. Remember the price is set by a few tens or hundreds of thousands of coins available on exchanges. It wouldn't take much for sellers to go on strike either if demand was that powerful.

That would still make it considerably smaller than gold.

[batang_bitcoin]

I prefer image ...

Much preferred picture. I've all in, even just for 1 bitcoin I've got enough to hold until 10 years of waiting. 10 years isn't that long time to wait. Look bitcoin started on 2009 and we are on 2017 it's to close for it's first decade. And we just have to wait for another and see that this coin is about to be reaching $100,000 soon.

[pooya87]

never go full hodor. that much is obvious to me.

invest what you can afford to lose then when price goes up you can sell something at least to get some profit out and enjoy your life and continue hodling the rest.
i see people who buy 20BTC at this price and then as soon as it goes up 10% sell all of it because they think it will go back down to $1 or something that would only work if you are a day trader taking advantage of every swings and then keeping your profit in bitcoin.

[Chandu141]

never go full hodor. that much is obvious to me.

invest what you can afford to lose then when price goes up you can sell something at least to get some profit out and enjoy your life and continue hodling the rest.
i see people who buy 20BTC at this price and then as soon as it goes up 10% sell all of it because they think it will go back down to $1 or something that would only work if you are a day trader taking advantage of every swings and then keeping your profit in bitcoin.

This is the golden sutra for every trader and investor to  lead a happy or at least normal life 

[Bmbolaji]

BTC price will definitely skyrocket due to the global acceptance its getting now but I think $100,000 is a bit outrageous.

[SkyjetCrew]

I also hold my bitcoin and believe that it will reach a very high level in the future. Although I would have enough and $ 50,000 to quit the main job and enjoy my success.

[White sugar]

BTC price will definitely skyrocket due to the global acceptance its getting now but I think $100,000 is a bit outrageous.

It reasonable. if things don't go wrong, but of course won't happen overnight

[ethereumhunter]

until now, i still holding the most amount of my bitcoin but i don't know if i can hold it until 10 years. its a long time to hold for me but the rewards is really worth. but i'm on my way to collect and hold bitcoin for a long time.

[Denker]

That's actually more or less the point where I might be tempted to sell. Hodling until then.

Yeah but just sell some portion and buy back in after the drop is over. Because everybody's goal shold be own as much Bitcoin as possible. When Bitcoin should reach this crazy price of $100k, I can assure you it won't stop there! Then you will see guys with even bigger pockets to push that baby for $1million per coin!

[thecodebear]

I think there is a good chance of bitcoin hitting $50k in 5 years, and $100k or more in 10 years. I could potentially see bitcoins peak being a couple or a few hundred thousand dollars. I think 1 million is a pipe dream, but $100k is very possible as that would seem to be well within the range when bitcoin finally hits mass market. I will probably hold until $50k and then slowly start converting my bitcoin to fiat, and put most of that in less volatile investments like bonds and index funds. But I'll probably only sell off a few thousand dollars a month so I imagine it'd take a good number of years for me to sell off most of my bitcoin (and i'll probably keep at least 1 bitcoin for much longer term just in case it goes up to several hundred thousand dollars, or you know if bitcoin actually becomes a widely adopted way to pay for things, rather than just a gold/stock type asset, then keeping some bitcoin to buy things once appreciation has slowed down after mass market has been hit would be good) and should still have plenty of it left to sell once it hits $100k. So yes, hodorrrrrrr! I'm hoping to be financially independent in 10 years from bitcoin, $100k BTC would just get me there.

[Pearls Before Swine]

Don't know anything about Hodor, but I honestly don't think OP is far off the mark
in terms of his price prediction.  We could get to 100K, but I doubt it's going to be
less than 5 years from now.   But I've been surprised before by bitcoin.

I don't like that infographic above.  There are too many 'ifs' to have it be accurate.
If people only bought mord, if only Venezuela collapsed...not accurate.

[sasaku bitbit]

That's actually more or less the point where I might be tempted to sell. Hodling until then.

haha i know what you mean to say.. there are two points.. one is tempted to sell and second is the need to convert it to fiat currency. even though if one sell BTC another will be hodoring it  and so it goes on and on ... and i hope so too

I think 1 BTC = $100,000 in 10 years is the hope of all of us and made truly virtual currency in the future, I am confident and believe this will manifest as our expectations because the price will surely skyrocket bitcoin quickly because the current figure already up bitcoin $3500. so this is reasonable-reasonable only if this happens. I am very pleased and happy once the future will become viable and secure

[JL421]

10 years is a really long term not even the professional traders can determine the price after 10 years who knows maybe bitcoin trend is over by then people decided to sell all their coins because of worldwide restrictions or people are dumping to coop woth crises. Future should remain future think about next 2 years for now

[The_Dark_Knight]

Yes. I'm also highly bullish on bitcoin too, and I am very confident with it. But I hope you understood the title of the article correctly.  

I've read the article you linked. Title reads: "Bitcoin could hit $100,000 in 10 years, says the analyst who correctly called its $2,000 price".

Take note that it says COULD, not WILL. I sort of partly agree with the analysis of Van-Petersen, but mind you that it isn't guaranteed that bitcoin will continue to rise and rise every year, as there's a chance that things can also go wrong(I hope not). Just giving you and other readers a heads up. I personally think it's alot better and safer to diversify your crypto investments. 

Bitcoin can reach almost any value some people make more conservative estimates while some other go for bigger estimates but at the end it is very difficult to know when this is going to happen, is bitcoin going to reach that value in 10 years? I doubt it but something closer to 20k does not seem out of reach for bitcoin.