Bmbolaji
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August 07, 2017, 05:59:04 AM |
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BTC price will definitely skyrocket due to the global acceptance its getting now but I think $100,000 is a bit outrageous.
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SkyjetCrew
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August 07, 2017, 06:48:00 AM |
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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.
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White sugar
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August 07, 2017, 06:56:05 AM |
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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
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ethereumhunter
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August 07, 2017, 07:50:06 AM |
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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.
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Denker
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August 07, 2017, 01:51:51 PM |
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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!
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thecodebear
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August 07, 2017, 02:15:34 PM |
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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.
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Pearls Before Swine
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August 07, 2017, 02:21:19 PM |
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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.
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sasaku bitbit
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August 07, 2017, 02:40:28 PM |
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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
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JL421
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August 07, 2017, 05:05:29 PM |
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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
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The_Dark_Knight
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August 08, 2017, 02:52:35 AM |
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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.
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