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Gozie51
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May 25, 2019, 06:28:59 PM |
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So is it possible to see Bitcoin price hovering around 100k each by next year and why?
This statement of next year seem unrealistic to me not because bitcoin can not get to $100k in the future but because the prediction is standing on next year. Next year from now is 7 months and January 2020 to December 2020 is one year, so mathematically, we have one year and seven months for 2020 to go away. The timing is what I'm looking at .
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Rahman11
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May 25, 2019, 06:49:57 PM |
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If you was seen that year by year bitcoin rising calculation then it's can do happening! but it's just assume and nothing more but if it's come about then will this day definitely fantastic day for every bitcoin holders! I wish this day will definitely coming up in near future!
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shane
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May 25, 2019, 06:53:19 PM |
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First of all, I don't care Julion Hosp's predictions in that article because he showed us his capabilities as the president of TenX. lol My personal opinion is that it will hit it's all time high (around $20K) in 2020 as we can see that the BTC adoption is happening day by day. Therefore, there is a room to go up the BTC price naturally to it's all time high in 2020. Hitting $100K also possible if there are lot of bullish news in 2020 from the key players like SEC. However, I believe that the probability to hit $100K in 2020 is low.
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cabron
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May 25, 2019, 07:02:29 PM |
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First of all, I don't care Julion Hosp's predictions in that article because he showed us his capabilities as the president of TenX. lol My personal opinion is that it will hit it's all time high (around $20K) in 2020 as we can see that the BTC adoption is happening day by day. Therefore, there is a room to go up the BTC price naturally to it's all time high in 2020. Hitting $100K also possible if there are lot of bullish news in 2020 from the key players like SEC. However, I believe the probability to hit $100K in 2020 is low. That's too much of an expectation on 2020, you gotta measure how quick that would be. Someone who shall invest today can already own big condo after a year without even taking a risk. Price the last bullrun only stays at 20k, which means by the time it may reach that price people will soon sell again. Halving may have to happen first before it can go beyond that 20k
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Fabienne_ayy
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May 25, 2019, 07:04:58 PM |
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I suppose it is impossible to reach $100k just in a couple of months, so better to leave these meaningless predictions and focus on the current situation and try to change at least something
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YOSHIE
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May 25, 2019, 07:23:57 PM |
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In this world nothing is impossible, everything can happen unexpectedly, of course. There are many Bitcoin experts who predict the price of Bitcoin this year and in the future. For example: [1]. https://coinswitch.co/news/bitcoin-price-prediction-2019-btc-price-to-touch-23500-in-2019[2]. https://www.google.co.id/amp/s/beincrypto.com/btc-bitcoin-price-prediction-2019-2020-5-years-updated-05-03-2019/amp/The most important thing is, principle, establishment, and confidence in future Bitcoin investments, only two buying options when cheap are sold if prices rise. Everything will improve both your economy or your estimate of bitcoin at the level of $ 100 rb.
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stfN2128
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May 25, 2019, 07:31:31 PM |
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oh i'm sure it is possible.... maybe we can see a much higher price if the adoption will push forward in this speed as it is currently doing. when we see some more shit like the hyperinflation in venezuela. those events are the catalyst for bitcoin
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pushups44
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May 25, 2019, 07:40:03 PM Last edit: May 26, 2019, 03:31:52 AM by pushups44 |
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Yes. When bitcoin is in a bull market, it has a tendency to outperform even the most positive predictions in the space. Given that the halving will take place about a year from now, there will likely be a significant run-up. The question is how high will it go. I am not saying it will hit the six-figure mark, but I would not be shocked if it did.
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qwertyup23
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May 25, 2019, 07:43:41 PM |
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Well, it is not entirely impossible but I highly doubt so. Even with the recent implementation of the Bakkt exchange, reaching $100,000 in this short amount of time requires extreme luck and prayer. In addition, reaching that kind of price would benefit most but I consider it as a double-edged sword in terms of transaction prices. If you was seen that year by year bitcoin rising calculation then it's can do happening! but it's just assume and nothing more but if it's come about then will this day definitely fantastic day for every bitcoin holders! I wish this day will definitely coming up in near future!
Almost everyone expects and hopes that bitcoin prices would skyrocket but it will not happen anytime soon. Prices right now are stable at $8,000. But it is never too bad to hope!
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Duzter
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May 25, 2019, 07:52:40 PM |
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$100k is an unrealistic value to be attained by 2020, same time considering the growth as well as the previous price it has reached in the past gives bigger choice for $100k. With very few countries legal support and acceptance bitcoin reached $20000 by 2017, this way when more countries adopt cryptocurrency can expect $100k in the future.
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Adriano2010
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May 25, 2019, 08:03:13 PM |
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I also think is hard to reach 100k$ next year because for this are need a lot of money to come to bitcoin market but maybe 30,40k is possible either before halving or after, but even so we have to expect to anything.
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partysaurus
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May 25, 2019, 08:06:24 PM |
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i think its possible with the halvening comming up, but will it happend no one knows, guess alot of us hope so atleast ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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rijaljun
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May 25, 2019, 08:12:07 PM |
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Unfortunately I'm too lazy to read that article, could you please just mention the reasons here. It would be easier to understand since this topic is not really important, just speculation.
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Carollzinha
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May 25, 2019, 08:25:05 PM |
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I trully believe that halvings will get bitcoin to the moon, as we use to say, but I don't really believe it will get to 100k USD by the end of 2020.. I would "predict" something from 50 to 60k USD instead
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acroman08
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May 25, 2019, 08:34:33 PM |
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well, it is not impossible for bitcoin to reach 100k and it is not bad to be optimistic about bitcoin reaching 100k but I think it's doubtful that bitcoin would be able to reach it this year although bitcoin price may increase or even reach a new record but I just don't think 100k is possible right now.
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uneng
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May 25, 2019, 08:36:19 PM |
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It's a very vague supposition and I think it's not going to happen. As the last paragraph of the article says: what would make large sums of money enter in crypto market? Then the specialist says that commodity markets, countries in debt, troubled economies and big investors have more chances of investing in crypto market. That makes some sense, but it won't happen so fast and at same time to pump btc to 100k dollars by 2020!
Predictions like this make people believe bitcoin is a bubble or a ponzi scheme. In other words: they don't help bitcoin in any ways.
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BL46K 7193R
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May 25, 2019, 08:50:28 PM |
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There is nothing to be surprised if Bitcoin reaches 100K. Bitcoin is now in a good position, it will be better in the future because everyone thinks it is. The government of many countries has now taken Bitcoin legally. The acceptability of the Bitcoin is increasing. In almost all cases of online media, Bitcoin is now getting the highest priority. So considering all aspects, it may be said that by 2020, Bitcoin value may be 100k.
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BitBustah
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May 25, 2019, 08:57:59 PM |
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This is very unlikely to happen and I would actually say its near impossible. That is over a 10x from the current price and would put the total marketcap in the trillions. Maybe bitcoin will reach those levels one day but it will take much longer.
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suzanne5223
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May 25, 2019, 09:00:22 PM |
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Bitcoin will definitely increase in price how than today because block halving season usually boost the price of Bitcoin market to gain a new ATH but saying Bitcoin will cliche 100K price range seems unrealistic and it not everything that the crypto enthusiast said or writer wrote in an article are real.
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