Bitcoin will be worth $100k in under 5 years, and eventually over 375k

[Coffee135]

It seems to me that the price of $ 100,000 is a very high figure. Now bitcoin is free floating and its price depends on demand. What will happen to bitcoin if the bankers agree with each other and begin to block the ability to exchange bitcoins for Fiat. How will this affect its price? We still have to go through it. Why all believe in the legalization? I think they will try to destroy bitcoin.

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[Washball]

Because the number of bitcoins is limited and more people are interested means the price could rise to these incredible heights. But that's not what is going to happen, unfortunately. When exchanges will introduce futures, and Bitcoin will be seen as just another stock market product, it will be the end of the crazy price rises.

[jjacob]

I've been doing a lot of thinking lately about Bitcoin and its future. It has gone up a lot since I first started learning and following it in 2012... from $10 each to $8000 each, or +80000%. I've been wondering if it is simply a bubble. Such performance from a commodity is indeed unheard of, and based on just that alone certainly seems unsustainable.
After much research and thought, I have decided that it is not a bubble, and I have even been putting my money where my mouth is by buying fractions of a Bitcoin with each weekly paycheck since March. Let me describe my thought process as succinctly as possible (bear with me… lol).

More here: https://www.decentralized.tech/blogs/speculation-bitcoin-will-be-worth-100k-in-under-5-years-and-eventually-over-375k

This is outlandish, but it could come true. There will be a lot of millionaires right here in this forum if this happens. The big threat I see is the government stepping in to curb its use. Bitcoin would have to be the dominant currency on this world for this to happen, and the government may not sit back and allow it.

[CodyAlfaridzi]

It's possible. $100,000 is about 12x from here, right? A long way to go, but feasible I think. Once Bitcoin gets regulated and traded on the conventional financial market, I'm sure we'll go boom. Just remember that Bitcoin price was only $1000ish back in January this year, and it has gone 8x from that today. I know at 4 digits it would be a different level, but hey we've done that before many times

Here's my question. Ok, if Bitcoin reaches $100,000 then what would happen to the altcoins? Will they reach crazy valuations as well, or do we see them left by and eating Bitcoin's dust?

Alts would go crazy as well I think. Altcoin total market cap is somehow related to BTC. Besides that, some altcoins are actually great and have a lot of potentials, not all of them are shit. Ethereum, for example, is a great project with a lot of potential with its smart contract. If Bitcoin goes $100K, well at least ETH should reach $1000-$2000.

Of course it will depend a lot about the way governments will support / regulate BTC,do they considered them as a threat or as something positive.

Some governments today are supportive and looking to regulate and support blockchain and cryptocurrency in general. We are off to a good start. Once some countries having a positive attitude into it, others will follow.