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



 

[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