9 Reasons Bitcoin Could Hit $100,000 Or More

[wissemch]

 Number of Bitcoins in circulation

First mover, network effect and media exposure

What is unique to Bitcoin vs. other CCs is that it was the first one invented, gained acceptance by investors and businesses and has received the most media attention. New companies have formed to support and trade it, which has led others to take notice and try and cash in on the hype.

Since there isn’t anything physically attributable to Bitcoin having these qualities has been a huge help for it to gain traction. I am counting these three as one reason as they have a synergistic effect on each o https://community.bitzamp.com/view.php?permlink=9-reasons-bitcoin-could-hit-100000-or-more&id=458205

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[Robert C. Himes]

Number of Bitcoins in circulation

First mover, network effect and media exposure

What is unique to Bitcoin vs. other CCs is that it was the first one invented, gained acceptance by investors and businesses and has received the most media attention. New companies have formed to support and trade it, which has led others to take notice and try and cash in on the hype.

Since there isn’t anything physically attributable to Bitcoin having these qualities has been a huge help for it to gain traction. I am counting these three as one reason as they have a synergistic effect on each o https://community.bitzamp.com/view.php?permlink=9-reasons-bitcoin-could-hit-100000-or-more&id=458205

9 reasons:
1 / It is unique.
2 / is the most valuable coin.
3 / Intermediary for all other passwords.
I believe it will roll over $ 100,000 in 2018

[mahibul49]

bitcoin is unique and bitcoin is number 1 crypto in the world and father of all crypto too.
i can say bitcoin is digital gold

[Thadeous]

I don't think Bitcoin will reach 100k$ in 2018, but it will definitely hit 100k$ by 2020. 

[KayceeMae]

Bitcoin is already being looked at as a store of value, it won't be used as a currency (like gold isn't). People are over-emphasizing the "out-dated" technology. Improvements are being made and the network is huge, which is good enough. With all of the derivatives coming into the Bitcoin market as well it only adds more stability and legitimacy.

[The Scorpion]

I don't think Bitcoin will reach 100k$ in 2018, but it will definitely hit 100k$ by 2020. 

And how are you so sure? do you have a crystal ball or something that can help you to predict the price? You are just a clow, the price is not going to go towards $100k in two years from now. do not make false expectations in here.

[Thadeous]

I don't think Bitcoin will reach 100k$ in 2018, but it will definitely hit 100k$ by 2020.  

And how are you so sure? do you have a crystal ball or something that can help you to predict the price? You are just a clow, the price is not going to go towards $100k in two years from now. do not make false expectations in here.

Have you noticed that my post started from the statement "I don't think"?
Which definitely makes it my personal opinion, and to have one I don't need "a crystal ball" or someone's permission.
Hope my statements are clear now?

[mrtryonebiggums]

I don't think Bitcoin will reach 100k$ in 2018, but it will definitely hit 100k$ by 2020. 

And how are you so sure? do you have a crystal ball or something that can help you to predict the price? You are just a clow, the price is not going to go towards $100k in two years from now. do not make false expectations in here.

Lol and what do you think then? It will go quicker or it will never make it to 100k? Easy to laugh at somebody like that and not dish out your own prediction. I myself don't think it will make 100k but I am bearish on bitcoin and think it won't surpass 45k this year.

[Eternu]

It is truth that bitcoin is unique on its own way, it is first crypto currency and that makes it important in history of crypto. Also because its first it has largest user base and supporters of all the crypto, also it has highest price because of those things. Those are some of the things that makes bitcoin stand out from the rest. But to be honest i doubt that its price could go up to $100,000 , that is near impossible. To me it is even ridiculous to think something like that... but that is just me, and i have been wrong about things before.

[DragonCoinZ]

You dont need nine reason. Bitcoin is unique and the first cryptocurrencie. Its so much hyped right now. So thats enough reason why it will hit over 100'000$.

[Unyeawaji]

Just got a signal that bitcoin would dump close to $11K in the following days. Anyone else confirmed this?

[Gameroid]

I don't think Bitcoin will reach 100k$ in 2018, but it will definitely hit 100k$ by 2020. 

We cannot say anything about the price of bitcoin, although its look like difficult but still bitcoin has the ability to reach to that value very easily. i think it will really take some time may be two more years to reach to that price, because bitcoin popularity is increasing and bitcoin is now the most powerful crypto currency of the worlds. in fact now states are taking interest in bitcoin. How bitcoin will very soon become common currency throughout the world.

[Thadeous]

Just got a signal that bitcoin would dump close to $11K in the following days. Anyone else confirmed this?

My guess is that Bitcoin shouldn't drop lower than 12.8k this month, and most probably it will stay between 13.5 - 17 till February...

[Kprawn]

It will reach 100k but for different reasons. We have some very cool technology that are being tested at the moment and if

this is successful, Bitcoin will be launched to a much higher level than other Alt coins. Bitcoin is having some problems at the

moment, but this is just temporary. We have some interesting tech coming our way soon and a lot of that are connected to

cool projects.  

[Reid]

It will reach 100k but for different reasons. We have some very cool technology that are being tested at the moment and if

this is successful, Bitcoin will be launched to a much higher level than other Alt coins. Bitcoin is having some problems at the

moment, but this is just temporary. We have some interesting tech coming our way soon and a lot of that are connected to

cool projects.  

That  is what I have been looking for.
Going to the project developments and merchants accepting it.
I mean big merchants which could really pull a lot of people to accept this kind of technology.
Online markets are now booming and just a little more push and they will be on their way to accept bitcoin as a means of payment.
When that happen it sure it a big hit to the value.

[Hoangz176]

bitcoin is limited

[Thadeous]

bitcoin is limited

Universe is also pretty limited: only 27 B light years in diameter and ~10^80 atoms in total.
But it still works, for about 13 B years.  

[redsandisk]

it'll have to see 100k this year if you want the same returns other coins are going to give in the same timeframe or less.  bitcoin got us here...other coins will now slowly eat away at the king's market cap until one day, this year, he will be dethroned.

[Eternu]

It will reach 100k but for different reasons. We have some very cool technology that are being tested at the moment and if

this is successful, Bitcoin will be launched to a much higher level than other Alt coins. Bitcoin is having some problems at the

moment, but this is just temporary. We have some interesting tech coming our way soon and a lot of that are connected to

cool projects.  

That  is what I have been looking for.
Going to the project developments and merchants accepting it.
I mean big merchants which could really pull a lot of people to accept this kind of technology.
Online markets are now booming and just a little more push and they will be on their way to accept bitcoin as a means of payment.
When that happen it sure it a big hit to the value.

Everyone that supports bitcoin hope that one day bitcoin will be accepted as legal way of payment in the whole world. But the price that we talk about here is just insane, even if bitcoin become fully accepted. When bitcoin becomes currency and people start to use it for daily things, price will not rise that much. It will go to one point and than it would stay there or it would move up really slowly. In that moment bitcoin would become similar to other currencies.

[Pursuer]

it will all come down to 1 thing and 1 thing only: use cases.

so far bitcoin has been a very good currency in the past 9 years. high security network, instant transactions, fast confirmations and cheap fees have been the attributes that helped the adoption of it as a currency by the merchants and different services. and if in the future we can keep these attributes and help with the more adoption as a currency it can grow a lot more than $100k. otherwise all the rest such as network effect and media exposure, ... are of secondary importance.

[Sumansharma]

Hello..

Ooo man I can give you more than that...  Your asking only 9...

Let me tell you some of them...
1- highly secure 🔐..
2-limited amount  available..
3-you can't store bitcoin in any wallet..
4-price is crossing  beyond the limits..
5-easy to use  for the trading people.....
6- you can't touch them 😂..  Only feel..

[Nowherman]

The main reason for the growth bitcoin, I see an influx of new investors. Due to this, the price is growing.
Recently, a number of crypto-currency exchanges, such as Bittrex, Binance, Kucoin, temporarily stopped registering new users
and the price of bitcoin ceased to grow. As soon as the situation on the exchanges stabilizes, the bitcoin price will immediately go up.

[AleksandrKosov]

I fully agree with this article. The price of $ 100,000 is a matter of time. Bitcoin is currently a highly liquid asset, which everyone will soon want to have.

[UglyDolphin23]

There is only one good reason for the growth. Name of this reason is Lightning Network. In my opinion, BTC wouldn't cost $100k if Lightning Network will not be introduced.

[katarina_jw]

All of these things listed already make Bitcoin's price what it is now. I doubt it will reach $100k, but I hope I am wrong then.

[Florindvt]

I believe bitcoin has a lot of problems to deal with and do not believe it will ever reach $100.000 I believed it would just a couple months ago but with no utility and huge bagholders it's promise as anything but a memory of the past is not possible

[splat44]

Lots of happening in this year. I really appreciate others compliment. We should think big and aside from that people are now adopting blockchain that makes bitcoin to increase it's price. However $100k this year would be possible.

[Phewphewphew]

I think Bitcoin is the only one who can ever accomplish 100K and even beyond... not only because it was the first Crypto-currency and got his first-mover stamp but because it proofed itself over the time... all this new technologies which claim they can do better as bitcoin haven't even felt a glimpse of the stress-tests Bitcoin went through. Bitcoin was tested and is tested in the moment, but only because Bitcoin could withstand all these problems till now, shows how strong it/the tech is. Heavy lies the crown... Other cryptos state that they fix this problem and that problem, but they only got to know there were these kind of problems because of Bitcoin.. and still , The King is standing....

I think every problem Bitcoin encounters makes it stronger, approves the Tech behind it and shows why it is the #1

[kokowannabe]

Yeah, i think bitcoin is most valuable investasion and the father of all crypthonion & i believe bitcoin will touch $100.000 

[benalexis12]

Blockchain is much faster than internet bubble.. The world is changing, governments will plan to have a cryptocurrency soon as bitcoin the price will increase because of massive adoption but according to expert 100k is very possible if the U.N government will have a debate in congress that will merge in the blockchain and its very possible in the long run.

[Iamlegit4sure]

The main reason for bitcoin to get to 100.000$ before lightning network is : it's a trend right now, and people just want to own bitcoin to be "in".

After lightining network kicks in, bitcoin will be worht 100.000$ because that it's its value, if we could transact with low fee and low times

[onemoretime8520]

Btc is the reserve currency for all the other coins and if companies keep investing into altcoins they automatically contribute to btc. Which can make a rise in price.

[peterthegreat]

@ OP you should add another 0 to that because Bitcoin is going to hit $1,000,000 and more.

[Cryptohad]

yes, that is the reason that makes bitcoin able to survive and keep going up till now.
decreased bitcoin supplies and increased demand, making bitcoin prices rise every year. and will continue to reach $ 100,000

[PandoraToken]

First mover advantage and rising userbase could lead to that price. As for the other 7 reasons, you mention them in the title but then you don't list them

[bribed]

I agree that most of those reasons mentioned are legit, but I still believe that Bitcoin really has to derperately fix the scaling issues. It has become a store of wealth with really high transaction fees and times. If Bitcoin could scale to be used as a cryptocurrency as it was intented, then I believe that it could hit critical mass, but not in the current shape tbh.

[batang_bitcoin]

9 reasons:
1 / It is unique.
2 / is the most valuable coin.
3 / Intermediary for all other passwords.
I believe it will roll over $ 100,000 in 2018

That's *3 per reasons and for those people that don't believe with it they can just sit and wait the market moves quickly again just like last year.

@ OP you should add another 0 to that because Bitcoin is going to hit $1,000,000 and more.

Believing in McAfee?

First mover advantage and rising userbase could lead to that price. As for the other 7 reasons, you mention them in the title but then you don't list them

Yes it all started the whole crypto market so why people will not support the original and father of all?

[kwukduck]

I can give you some why it most certainly will not.

1. Bitcoin does not scale. Lightning Network is a fad. It is a commercial initiative that does not work in a decentralized secure way and is only intended to make companies big money. Create an artificial problem (1mb block size), propose a commercial solution, profit.

2. Bitcoin is outdated technology. On many levels Bitcoin has been surpassed by altcoins, in network topology, mining/securing mechanism, distribution mechanism, economic vision.

3. Bitcoin is an environmental disaster for which there are amazing solutions, yet the community and dev team refuse to work on clean future ready technology.