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Author Topic: $100000 by 2024?  (Read 3514 times)
arbitrage
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August 24, 2017, 07:45:50 AM
 #61

People talked about balloon when BTC was 1000$ and they were wrong, from now on I do not listen stupid talks, just watching them and comparing. There is increasing demand for BTC's so price rising natural. Everything is possible, but 10k now looks completely real. In few years 100k will look real if we continuous this way.
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August 24, 2017, 08:17:29 AM
 #62

A nice trend line on the logarithmic chart to keep track off





It seems to be working. I see a lot of people using the linear chart with Bitcoin, I think it's pointless at this point. To understand what's going on you need the logarithmic chart, otherwise you are going to think we are on a constant bubble. People have been looking at the linear chart since $1800 and saying it's too pumped because when you look at the all time graph in the linear view, it gives you a ridiculous green candle. Gotta look at this thing in log mode from now on.

Could be possible, because of the fact that the price seems to be at least rising by 5x every single halving and this is a trend that we have established in the past 2 halvings already. Actually, this year's halving brought around a tidy 9-10x profit for investors.

If we just have a 4x rise per halving, then btc will still be at around 70k by the end of 2024. $100k isn't really a worry if you take into account the hype that will be generated that will be short term, and btc will be considered a hedge against inflation meaning more people investing.

However i do think that $100k by 2024 is a hard thing to achieve. Make it 2030 and i'll have full confidence in your prediction.

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August 24, 2017, 08:22:02 AM
 #63

Nah don't really think that bitcoin could worth that high in 2024,
It seems to good to be true,but who knows maybe it could after all no one know's what would happen in the future.

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Tyrantt
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August 24, 2017, 09:25:35 AM
 #64

Hardly if not possible at all. It's hard to predict human interaction with math alone, if the price was rising and falling from the influence of the stars (an example of something that's fixed in it's movement) than you can use simple logarithmics to predict the price, and that doesn't involve unpredictable human interaction.
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August 24, 2017, 10:39:14 AM
 #65

Nah don't really think that bitcoin could worth that high in 2024,
It seems to good to be true,but who knows maybe it could after all no one know's what would happen in the future.

Like a two side of coin .Any thing may happen in future.If the number of users in bitcoin is increased means,the price will increases as we expect. 100000$.If the number of users is decreased as much as expected means,
the price of bitcoin will not reach that much raise and increased Upto 50 k $.Let see what will happen.

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August 29, 2017, 08:14:23 PM
 #66

I just recently read an article from some Harvard Academic who claims that bitcoin price will reach the 100K level already in the year 2021.
Sounds too good to be true, and I suppose that it probably is.
But from all the scenarios of bitcoin future developement I have seen so far, a vast majority predicts larg increases of price.
I am counting on them!

This show to us that we are not the only ones with faith in bitcoin more and more people experts on economy and technology are coming forward and give their predictions and almost all of them agree on one point bitcoin is going to go up in price in the future, if that is not enough to wake up people to the fact they have am opportunity like no other in the form of bitcoin then I do to know what will need to happen for them to wake up.

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August 29, 2017, 08:24:51 PM
 #67

If you use that graph as the point that bitcoin reaches as minumum value it could even touch 1,000,000 as one of the peaks before returning to 100,000 as bottom.

Quite crazy if you think about it.

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August 29, 2017, 08:56:01 PM
 #68

This is so distant future and there is no possible option that you can predict how the price is going to be at that time. But why even bother, we have opportunity to deal with Bitcoins now and look into closer future without a month or two. The price has crossed 4500$ and it's heading towards 5000$. What will be the limit this year, this is what I like to think about, not what is going to happen in 2024.

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HatakeKakashi
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August 29, 2017, 09:09:15 PM
 #69

If bitcoin price reach 100,000 dollars for sure we will earn a lot of money in the year of 2024 and if thay happen im very thankful on that year and possible im become a millionaire person.  But the percent is less or I would 30 percent to possible because we know that 100,000 dollars is not easy to reach and I think if that happen 10 to 15 percent of the population of the world using bitcoin to reach that price.

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August 31, 2017, 05:36:46 AM
 #70

This prediction is much more touching the reality than most others without even trying to put analysis data and graphs. Well done and i think it is much more possible than those other speculations roaming around and surfaced claiming this and will come to that. You have valid points and I think we do have same prediction as of now.
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August 31, 2017, 06:17:03 AM
 #71

This prediction is much more touching the reality than most others without even trying to put analysis data and graphs. Well done and i think it is much more possible than those other speculations roaming around and surfaced claiming this and will come to that. You have valid points and I think we do have same prediction as of now.

Now I also believe in this prediction. But a few months ago, when I was a novice in the crypto currency, I would not have believed such bold predictions. I am very surprised and fascinated with the Crypto currency.

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August 31, 2017, 03:59:46 PM
 #72

This prediction is much more touching the reality than most others without even trying to put analysis data and graphs. Well done and i think it is much more possible than those other speculations roaming around and surfaced claiming this and will come to that. You have valid points and I think we do have same prediction as of now.

Now I also believe in this prediction. But a few months ago, when I was a novice in the crypto currency, I would not have believed such bold predictions. I am very surprised and fascinated with the Crypto currency.

This could surely happen, and anything can surely happen with bitcoin and even this speculation, we could certainly say that in the years to come this kind of value can be reachable and having a chart like OP had presented this is truly a magnificent ways Bitcoin price would surely be heading, but this kind of speculation is a long term one and the years gonna be 2024 by then.

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August 31, 2017, 11:03:39 PM
 #73

This prediction is much more touching the reality than most others without even trying to put analysis data and graphs. Well done and i think it is much more possible than those other speculations roaming around and surfaced claiming this and will come to that. You have valid points and I think we do have same prediction as of now.

Now I also believe in this prediction. But a few months ago, when I was a novice in the crypto currency, I would not have believed such bold predictions. I am very surprised and fascinated with the Crypto currency.

The why not? Lets be thankful if we will be hitting that price by year 2024 and for now as we have observed of bitcoin price it now gathered more investors and expect by september, we will be surprised of the price per bitcoin value also a domino effect with lots of promising alts. The data showed realistic trend and it's now becoming so rampant nowadays so everybody must be awaiting of everyday's surprising price updates.

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August 31, 2017, 11:52:19 PM
 #74

This prediction will become true theres no time no waste and we are now into new generation that all thing are in technology and probably there will be a n atm bitcoin machine to be use, and there are more bitcoin to mine and the volume of bitcoin will increase soon let's be thankful for what bitcoin is now. I believed on this prediction because bitcoin is a very succesful coin to be use of those jobless and those who don't want to work from their offices.

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john2231
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Everything was changed.


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August 31, 2017, 11:58:13 PM
 #75

I think like other said it can be happen because this year is different from past few years ago the movement is continues increase and we didn't experience any trading site was down or hacked and we are seeing the more price increase i am happy that the movement of the price really different from the past few years..  so i think this speculation can be happen in 2024 or more..
so if you have money to invest don't lose this opportunity to make a good and great profit in the future..

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September 02, 2017, 02:11:15 AM
 #76

If you use that graph as the point that bitcoin reaches as minumum value it could even touch 1,000,000 as one of the peaks before returning to 100,000 as bottom.

Quite crazy if you think about it.
Those kind of movements could be possible in theory but not in practice if people adopted bitcoin to the point bitcoin reached those values then it is almost impossible we are going to see a loss in value over 90% at that point the variations are going to be less than one percent.

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September 02, 2017, 02:41:56 AM
 #77

I dont think bitcoin price will hit 100k dollars because  that price for me is very impossible to happen  because they need a lot of investor not an ordinary investor we need a millionaire investor because they reach that. I think the the price of bitcoin in the year of 2024 is around 10k dollars up to 20k dollars but we dont know what actually happen in the bitcoin price after few years .

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September 02, 2017, 12:06:38 PM
 #78

$100,000 by 2024,i think maybe it will be below $100,000.but $100,000 is still possible to happen.when the price get higher my concern is,only rich people can afford to buy bitcoin.
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September 02, 2017, 12:36:20 PM
 #79

What kind of speculation it is? Do you think for that short time bitcoin value will reach $100K? That is exaggerated, I think we need a close to reality speculation.
I don't think that after 7years bitcoin value is raised up to $100K or even 10years, bitcoin value now is only around $5K so don't ever think that after 7years it will jump to a $100K.

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7daystodie
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September 02, 2017, 03:49:40 PM
 #80

What kind of speculation it is? Do you think for that short time bitcoin value will reach $100K? That is exaggerated, I think we need a close to reality speculation.
I don't think that after 7years bitcoin value is raised up to $100K or even 10years, bitcoin value now is only around $5K so don't ever think that after 7years it will jump to a $100K.

And I believe in it. Bitcoin is becoming more popular and the speed and number of transactions are compared with VISA. This indicates a big breakthrough and the growth of bitcoin. And given the fact that the number of bitcoins is limited, there are all chances that the price of bitcoin will be 1 million dollars

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