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Author Topic: If Bitcoin were to ever reach $100k  (Read 1644 times)
BMG86
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September 14, 2017, 10:22:46 PM
 #1

Could you imagine the volatility on a day to day basis? I mean we've seen it swing at these levels almost up to $500 on a day to day basis at times. Could you imagine what it would be like at $100k? $5,000 to $10,000 price swings daily? That's insane!
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September 14, 2017, 10:23:47 PM
 #2

Could you imagine the price swings on a day to day basis? I mean we've seen it swing at these levels almost up to $500 on a day to day basis at times. Could you imagine what it would be like at $100k? $5000 to $10,000 price swings? That's insane!

it will likely happen

i have a feeling that guys like Mcafee are right
BMG86
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September 14, 2017, 10:25:44 PM
 #3

Could you imagine the price swings on a day to day basis? I mean we've seen it swing at these levels almost up to $500 on a day to day basis at times. Could you imagine what it would be like at $100k? $5000 to $10,000 price swings? That's insane!

it will likely happen

i have a feeling that guys like Mcafee are right

I agree! I think this will be achievable within the next 10 years. Just look at the trend of bitcoin since it was created, it's only gone up.
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September 14, 2017, 11:00:30 PM
 #4

Could you imagine the price swings on a day to day basis? I mean we've seen it swing at these levels almost up to $500 on a day to day basis at times. Could you imagine what it would be like at $100k? $5000 to $10,000 price swings? That's insane!

it will likely happen

i have a feeling that guys like Mcafee are right

I agree! I think this will be achievable within the next 10 years. Just look at the trend of bitcoin since it was created, it's only gone up.
what do you think now? see that the BTC price goes down whether it will return to normal? if it is true if BTC will reach $ 100K in 10 years, I think this is an opportunity to buy Bitcoin at a cheap price.

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BMG86
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September 15, 2017, 12:44:40 AM
 #5

Could you imagine the price swings on a day to day basis? I mean we've seen it swing at these levels almost up to $500 on a day to day basis at times. Could you imagine what it would be like at $100k? $5000 to $10,000 price swings? That's insane!

it will likely happen

i have a feeling that guys like Mcafee are right

I agree! I think this will be achievable within the next 10 years. Just look at the trend of bitcoin since it was created, it's only gone up.
what do you think now? see that the BTC price goes down whether it will return to normal? if it is true if BTC will reach $ 100K in 10 years, I think this is an opportunity to buy Bitcoin at a chArm eap price.

I think bitcoin will drop below 3k, by how much though, no one knows. Nobody knows for sure what bitcoin will be worth in 10 years but I'm willing to bet that it will be much higher then what it is now. Unless the governments try to shut it down, which is definitely possibe.
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September 15, 2017, 01:16:18 AM
 #6

Firstly volatility is measured relative, so it would just be a higher number with the same volatility technically speaking.

Holding 0,01 btc at 100k that swings +/- 10k regularly will be the same as holding 0,1 btc at 10k that swings +/- 1k.

In addition, most assets tend to decrease in volatility as they mature. If Bitcoin becomes fairly mainstream, I'd expect less volatility for sure.

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September 15, 2017, 01:36:34 AM
 #7

Realistically how many people will be holding 1btc if it's worth 100k? A fair select few to be honest, most people will cash out at some point along the way and reinvest some smaller amount, maybe a few thousands, and then the swings would be exactly the same for them. What's more scary about bitcoin reaching 100k is all the decimal points we will need

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September 15, 2017, 05:54:09 AM
 #8

Could you imagine the volatility on a day to day basis? I mean we've seen it swing at these levels almost up to $500 on a day to day basis at times. Could you imagine what it would be like at $100k? $5,000 to $10,000 price swings daily? That's insane!

what you are missing is that price of 1 bitcoin is a little misleading!
what you say is like saying 10000BTC is worth $35,000,000 and when it droppes it swings $1,000,000

that is the same with your future price. you are saying 100,000,000 satoshi is worth $100K and the swings of 100,000,000 satoshi are huge.
when you buy at $100K you buy $500 worth of bitcoin for example and when it swings around 5% your investment swings around 5% too. in other words it swings around $25

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September 15, 2017, 05:59:22 AM
 #9

I think the bitcoin will grow
Look from the time it's released until now It grows and raises very fast
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September 15, 2017, 08:55:29 AM
 #10

Few people will hold their BTC until that point, just for the reason you are mentioning. The average investor will trade with a portfolio of approx 0.1 BTC at that price.

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September 15, 2017, 09:32:08 AM
 #11

I think it is possible. We cannot say what will be the price swing of BTC so it may happen. If that happens I will be more than happy because I will be rich but if that happens I think all of the altcoins will drop badly so if BTC reaches $100k there will be advantages and disadvantages.

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September 15, 2017, 09:41:32 AM
 #12

If bitcoin will reach ever that target. I would be rich no joke. Im saving now my few bitcoins. Im currently investing in altcoins, because here you can make money if you take risks and are lucky.
You can also make very hard losses in altcoins. Its all about luck, and being smart. You can invest in a trusted altcoin or on a new coin. I would go for the trusted one and invest a little amount of m oney in the new coin.
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September 15, 2017, 01:19:10 PM
 #13

 i think it will probably happen
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September 15, 2017, 01:31:13 PM
 #14

I can not imagine if the bitcoin price is $ 100k, but it might happen, I'll save some of my bitcoin for the preparation to $ 10k

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September 15, 2017, 05:40:26 PM
 #15

If bitcoin will hit 100k. I would sell all my coins what i have in my wallet to money. I would then invest in alt coins like lite coin. For me lite coin is the sleeping giant it has the potential to grow, but now its just waiting to rise up. I have also some doge coins, but i think that it doesn't matter. Doge coin will not go higher then it is now.

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September 15, 2017, 09:41:25 PM
 #16

I don't think it is something "insane" many people think that there is a great manipulations in bitcoin price but as a long time trader and follower of an illiquid assets I can tell l you that bitcoin is moving on the normal scale. We would get $100,000 one day but not without a fight. The banker and governments are there to influence the price of bitcoin and to see it clash but we would move from $3600 to $5000 and we would get to $100,000 one days.

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September 16, 2017, 04:01:08 AM
 #17

If reach $ 100,000 then perhaps all of us will become billionaires in a few years. I think to achieve this price is very difficult because this market needs the trust of everyone in the world and must overcome the stock market.

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September 16, 2017, 05:31:37 AM
 #18

If Bitcoin reached 100k I would expect a good portion of the world would have had adopted it in some form. Besides the fact that the early adopters would be pretty well off, I think Bitcoin would be a normal part of our lives. Who knows, let's just sit back and see if it actually comes to fruition.

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September 16, 2017, 05:54:13 AM
 #19

If reach $ 100,000 then perhaps all of us will become billionaires in a few years. I think to achieve this price is very difficult because this market needs the trust of everyone in the world and must overcome the stock market.

no.... very few people even own $5k worth of btc so zero chance that any substantial numbers will hold a lot of btc  when the price keeps going higher. Vast majority will sell well before 100k. I think 25k  in a few years is a likely scenario. I think even at 25k, very few will hold  a significant amount as most will sell before this number. We will see a much  wider distribution of btc in the future but very few will be long term holders
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September 16, 2017, 07:32:03 AM
 #20

Then we would have more and more millionaires. It is true bitcoin has potential i admit that but as we see from latest things happening it's hard to make a true prediction for btc. This economy has grown a lot so all big economies want to have word on it. Countries like China and US wants to take Crypto currencies under their control. So anything can happen anytime my friends.

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