Well bitcoin goes up to 100,000$ in the future?

[Hagmonar]

I am a  number 1 fan of bitcoin and all crypto currency i realy bilieve that bitcoin well goes back to 20,000$ soon or before the end of this year. But thinking about 100,000$ each bitcoin is quite a very big amount of money 21million x 100k = 2.1 trillion (2,100,000,000,000$) do you guys bilieve that bitcoin can reach that far?

[khufuking]

Why not ! If Bitcoin become the #1 world currency then this can be easily achieved . I saw some of really big names in crypto world say that BTC have a big chance to reach 100k by year 2022 . But no one really knows maybe they are just big holders which mean what they say have conflict interests .

It might happen in the future but I highly doubt it will be by year 2022 .

[Chaelbrin]

No one knows. But in this kind of market and trade nothing is impossible. Everything might change in a short period of time.

[JCO05]

I am a  number 1 fan of bitcoin and all crypto currency i realy bilieve that bitcoin well goes back to 20,000$ soon or before the end of this year. But thinking about 100,000$ each bitcoin is quite a very big amount of money 21million x 100k = 2.1 trillion (2,100,000,000,000$) do you guys bilieve that bitcoin can reach that far?

We can't still determine such thing regarding with its possible market value in the future especiallh at this moment whereas the market vale of it fell down due to the continuous dumps in the market from the start of this year. But for having a high market value assumed,I think it will take many years for it to future recover. So we just have to be patient.

[Epimetheus]

I am a  number 1 fan of bitcoin and all crypto currency i realy bilieve that bitcoin well goes back to 20,000$ soon or before the end of this year. But thinking about 100,000$ each bitcoin is quite a very big amount of money 21million x 100k = 2.1 trillion (2,100,000,000,000$) do you guys bilieve that bitcoin can reach that far?

We can't still determine such thing regarding with its possible market value in the future especiallh at this moment whereas the market vale of it fell down due to the continuous dumps in the market from the start of this year. But for having a high market value assumed,I think it will take many years for it to future recover. So we just have to be patient.

No it is a very big amount.It can reach near it.But we cannot predict what will happen in the future.Its demand is increasing day by day and also its price is increasing slowly and steadily.Bitcoin's popularity is increased a lot in the last nine years.People are also holding their bitcoin for future price rise.People have faith in bitcoin that is why they are still using it even after the fall in price.Digitization is going on so cryptocurrencies like bitcoin are getting very famous.

[amishmanish]

Why not ! If Bitcoin become the #1 world currency then this can be easily achieved . I saw some of really big names in crypto world say that BTC have a big chance to reach 100k by year 2022 . But no one really knows maybe they are just big holders which mean what they say have conflict interests .

It might happen in the future but I highly doubt it will be by year 2022 .

There has been a trend of a lot of regulation for cryptocurrencies. When we talk about regulation, we are mostly considering the G-20 countries. It is often being overlooked that a lot of smaller countries are quite bullish on bitcoin. Those are mainly the tax haven, tech-savvy nations that want to be the Switzerland of fiat banking.
There are quite a few territories in the run like Malta, Gibrlatar, Estonia etc. The interest from people in Japan and Korea isn't going to subside anytime soon. The libertarians and cypherpunks in the west can be trusted to always provide a solid base for development and ideological support. Countries declaring "interest in blockchain" will find it almost impossible to use it without the bitcoin connection.

All these fundamentals mean that bitcoin adoption will slowly and steadily rise and so will the price. 100,00 USD in two years is a 5X growth which seems pretty unlikely considering the fact that there still are a lot of pitfalls like miner actions, Bitmain's monopoly, Targeted manipulation, solution of scaling issues with LN adoption etc etc.

Considering all things, a rise to 100,000 seems neither feasible nor healthy.

[Olivian]

I think the next step is around 25-30.000 $.

Will wait and see.. Now is on the buttom, so buy BTC

[Hui8]

I am a  number 1 fan of bitcoin and all crypto currency i realy bilieve that bitcoin well goes back to 20,000$ soon or before the end of this year. But thinking about 100,000$ each bitcoin is quite a very big amount of money 21million x 100k = 2.1 trillion (2,100,000,000,000$) do you guys bilieve that bitcoin can reach that far?

Sure man as it is global thing and not associated with one country alone. Now evolution of the whole worlds income can be far far greater than your estimated cost of whole BTC investment and that will obviously will happen over the time. So I am sure that slowly and gradually it can fill up the quota of bitcoin market cap and bring that much value to it. Unless and until there are no rules and regulation the money can be spent on the BTC without any limits and over the course of time it will increase as I mentioned above. So there is at least single shot of that happening thats what I believe. Its just about the money nothing else and we do have sufficient. It happened with gold, oil and diamond then why not with the bitcoin itself.

[Virtual miner]

Well, $100,000 is a way too large amount. And hoping bitcoin to touch this price by the end of this year is like something happening once in a blue moon! But this is the crypto market, and you cannot be sure of anything here!! It is very difficult to determine the next move of the market. And market moves in such an unexpected manner that it's like from 0 to one in no seconds!!

But the thing is there is nothing wrong in predicting and hoping good...it just brings out positivity   But $100,000 is pretty huge amount, so i won't say that might happen in this year. Maybe it touches the target of $50k by the year end (&& that is also just a prediction, I don't have any supporting for this!!)

[HabBear]

Why not ! If Bitcoin become the #1 world currency then this can be easily achieved .

Bitcoin won't become the #1 world currency. Existing governments will destroy Bitcoin before allowing their currency to fail or be overpowered by it.

But Bitcoin doesn't need to become the #1 world currency to reach a $100,000 per coin valuation.

At the current rate of supply and demand bitcoin has an $8,000 valuation. To reach $100,000, with supply remaining steady, we need to increase demand by 12.5 times (100,000 / 8,000).

It's impossible to know exactly how many people own Bitcoin today...which is the figure we need to know to arrive at what the demand would have to be (exactly) to drive the price to $100,000. But we can do some estimating.

Example: If 1 Million people in the world own Bitcoin today, we'd need 12.5 Million people in the world to own bitcoin to drive the price to $100,000.

When you think about it this way the ability to achieve the $100k price point becomes a lot more realistic.

I saw one study that suggested 5% of Americans own Bitcoin. That's not representative of all people that own Bitcoin nor the percentage of every other country's population that owns bitcoin. But what if we say it's .5-1% of the world population that own Bitcoin, so 35-70 Million people own Bitcoin, we need to increase that number by 12.5 times -- 420-840 Million people. or 12% of the world population.

I don't think 35 million people own Bitcoin, I think it's less, but you get the idea on how we can play with the numbers.

[pxo.011]

well it has opportunity to come back at 20000$ however i dont think that it will happen before the year end we hope so to come back the price but we should be patient and avoid ignorance.

[bill gator]

Bitcoin won't become the #1 world currency. Existing governments will destroy Bitcoin before allowing their currency to fail or be overpowered by it.

This is assuming that existing governments do not collapse under the own weight of their stupidity beforehand. This is also assuming that existing governments will not prop Bitcoin up in an attempt to be seen as economic pioneers.

At the current rate of supply and demand bitcoin has an $8,000 valuation. To reach $100,000, with supply remaining steady, we need to increase demand by 12.5 times (100,000 / 8,000).

I have never thought about a simple increase in demand in this regard, but it would seem rather shallow. I say this, because the increased demand will cause fluctuation in the marketable supply. As demand, or price increases those that have been HODLing tremendous amount of coins will be more willing to add to the supply in circulation, which will at least somewhat offset the demand. In purest terms though, you are correct in that we would need a 12.5 times increase in demand to see that price-point. I'm just mentioning certain obstacles that would make calculating it more difficult.

It's impossible to know exactly how many people own Bitcoin today...which is the figure we need to know to arrive at what the demand would have to be (exactly) to drive the price to $100,000. But we can do some estimating.

Example: If 1 Million people in the world own Bitcoin today, we'd need 12.5 Million people in the world to own bitcoin to drive the price to $100,000.

Your example only works if the "new demanders" bring with them an equal ratio of demand for Bitcoin as the original 1 Million. As we've seen though, people that are becoming interested in Bitcoin seem to be less dedicated, invested, or interested in the currency. So let's assume there is 1 Million people using Bitcoin now, the demand does not go up proportional to the next 12.5 Million people interested in owning Bitcoin unless they are equally as demanding as the original 1 Million. I don't know if I've explained that properly.

It's also not impossible to know exactly how many people own Bitcoin, but we are certainly incapable of accomplishing that at the moment.

When you think about it this way the ability to achieve the $100k price point becomes a lot more realistic.

It makes just about any price point outside of the absurd seem very realistic.

I saw one study that suggested 5% of Americans own Bitcoin. That's not representative of all people that own Bitcoin nor the percentage of every other country's population that owns bitcoin. But what if we say it's .5-1% of the world population that own Bitcoin, so 35-70 Million people own Bitcoin, we need to increase that number by 12.5 times -- 420-840 Million people. or 12% of the world population.

I don't think 35 million people own Bitcoin, I think it's less, but you get the idea on how we can play with the numbers.

Compare that against the amount of people with a Facebook and we've got some very realistic opportunity for Bitcoin to be worth $100,000+ without a problem. I'd argue that there are less than 20-million Bitcoin holders, even fewer that actually understand the technology or use anything other than an exchange in relation to Bitcoin. I'd also argue that 65% of the 5% of Americans claiming to own Bitcoin are liars.

[dothebeats]

If there would be a huge hype train and massive attention gathered from the masses and financial magnates alike, no wonder we will get to there though we need to get a solid footing first. Before, no one ever thought we'd cross $1000 again, nor would we meet the $5000, yet we managed to climb to $10k which is pretty much deemed impossible just 2 years ago and lo and behold, $19k was the top of the mountain before it went on crashing its way to $6000. In bitcoin, anybody can make lucrative guesses, only for the price to deliver after a couple of years just like what we witnessed on the previous bull run. But that would still be up to the demand and supply thing and what kind of incentive would people get in investing their money to bitcoin.

[solarion]

I am a  number 1 fan of bitcoin and all crypto currency i realy bilieve that bitcoin well goes back to 20,000$ soon or before the end of this year. But thinking about 100,000$ each bitcoin is quite a very big amount of money 21million x 100k = 2.1 trillion (2,100,000,000,000$) do you guys bilieve that bitcoin can reach that far?

Definetely we will be able to find this value for sure in the market mate. But it will take atleast 4 years from the present time bro, Whenever you are late to come to crypto market think these kind of analysis.
These kind of answer will give the positive view that we are very much early to adapt the crypto currency investment bro.
My personal wish and thought, we will find the bitcoin in the expected value for sure.

[Radientgurkin]

I am a  number 1 fan of bitcoin and all crypto currency i realy bilieve that bitcoin well goes back to 20,000$ soon or before the end of this year. But thinking about 100,000$ each bitcoin is quite a very big amount of money 21million x 100k = 2.1 trillion (2,100,000,000,000$) do you guys bilieve that bitcoin can reach that far?

Short answer: Yes

Long answer : The last year's events including BTC ETFs and rising regulation show that adoption is on its way and still growing. Its not a matter of if, its a matter of when. And to be honest, nobody knows when, so why focus energy on it. Just learn more about it and help others who know less than you. (Also read up on the coming Bond bubble crisis, that's where I suspect alot of the incoming new money will be from.)

It seems to me people ( mostly newbies) focus on a future pricepoint in which they will sell all cryptos and retire.  This may be feasible, but consider this scenario:

      Focus on having a solid crypto portfolio in cold storage. When mass adoption has occurred you use the portfolio itself as your
       retirement fund where you withdraw a fraction each year or month.

[jpespa]

As much as I love bitcoin but I don't think that it could reach that price. I believe its possible to exceed the ATH $20000 but 100000 is really a large amount. Even as of now bitcoin is struggling on its current price to go up.

[google98]

I am a  number 1 fan of bitcoin and all crypto currency i realy bilieve that bitcoin well goes back to 20,000$ soon or before the end of this year. But thinking about 100,000$ each bitcoin is quite a very big amount of money 21million x 100k = 2.1 trillion (2,100,000,000,000$) do you guys bilieve that bitcoin can reach that far?

I am also a big fan of Bitcoin, but if I have to be honest I do not believe Bitcoin goes so far. I can be wrong, however, no one can predict what will happen to the market. 

[nelson4lov]

That possibility exists but it might take quite a while to get there. Bitcoin is currently around $7960. That means It needs to do more than a 10x to hit $100,000. But bitcoin has done more than that since inception so I wouldn't be too surprised if it hits that price in either 2018 or 2019 considering the fact that mass adoption is expected soon and there would be a high influx of money coming into the space. The crypto market is also forcasted to be worth trillions of dollars in the near future. So yeah, Bitcoin would hit that price range at some point.

[liuqi]

I am a  number 1 fan of bitcoin and all crypto currency i realy bilieve that bitcoin well goes back to 20,000$ soon or before the end of this year. But thinking about 100,000$ each bitcoin is quite a very big amount of money 21million x 100k = 2.1 trillion (2,100,000,000,000$) do you guys bilieve that bitcoin can reach that far?

I am also Bitcoin lover this will reach 100k USD in 2020. So now we are all supporting to Bitcoin automatically it will growing continuously in Crypto market. But all the coins are slowly raise in future this is right time to invest in Cryptocurrency because again some price fluctuation is occur in Crypto market.

[godfredmanu]

It depends on several factors if bitcoins will be able to cross $90,000.00 and I don't think it will be in the near future. Maybe 5 to 7 years from now. And as I said earlier ,it may depend on some factors like government regulations, and the posture of central banks of developed countries toward bitcoins and other coins.