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Author Topic: Bitcoin takes aim at $100,000 target  (Read 464 times)
jrrsparkles
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July 20, 2019, 06:35:05 PM
 #41

Possible though maybe at the end of this trend or at the next trend but surely we will hit that value.But currenctly we are at the level of beginning of five difit numbers and sometimes it fall into four digits so we just have to concentrate on the realistic current value rather than looking for huge profits.

It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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July 20, 2019, 10:18:33 PM
 #42

Well experts to say the true value is over 300k or around there.  So those experts are wrong then?
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July 21, 2019, 05:24:08 AM
 #43

Well experts to say the true value is over 300k or around there.  So those experts are wrong then?
May I know who are those experts?

I guess OP talking about the price at the end of this bull run not just about the maximum price of bitcoin.

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July 21, 2019, 02:41:41 PM
 #44

Well experts to say the true value is over 300k or around there.  So those experts are wrong then?

If that's so, why aren't these "experts" long'ing the crap out of Bitcoin? Talk is cheap. It's useless. Putting money where your mouth is how you seperate talkers from doers.

The term expert has been trashed to a point where expert in the world of crypto means crap talker. People who are the actual experts don't ever refer themselves as such, those who aren't do. Seriously, I have never seen an industry with so many self-proclaimed experts as here in the world of crypto. It's hilarious.  Cheesy
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July 21, 2019, 02:50:28 PM
 #45

Bitcoin had taken it's forth parabolic phase and may take another all-time high that may drop a price of over $100,000 USD, I guess this is a new trend and may simply take the world of cryptocurrency by storm again.

And many traders had confirmed this parabolic phase to settle in this bull trend, What do you guys think? Any comments about this.

https://cryptoslate.com/bitcoin-long-term-trend-bullish-short-term-not-so/

Thinking of $100,000 USD bitcoin price at the present moment is not realistic and i do not know when bitcoin will reach this figure. It may take 4 to 5 years before bitcoin can reach such high value. No trading trend can predict when bitcoin will reach this high value.



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July 21, 2019, 03:29:32 PM
 #46

Bitcoin had taken it's forth parabolic phase and may take another all-time high that may drop a price of over $100,000 USD, I guess this is a new trend and may simply take the world of cryptocurrency by storm again.

And many traders had confirmed this parabolic phase to settle in this bull trend, What do you guys think? Any comments about this.

https://cryptoslate.com/bitcoin-long-term-trend-bullish-short-term-not-so/

Thinking of $100,000 USD bitcoin price at the present moment is not realistic and i do not know when bitcoin will reach this figure. It may take 4 to 5 years before bitcoin can reach such high value. No trading trend can predict when bitcoin will reach this high value.

It's very difficult that bitcoin will reach $ 100,000 in the near future. I think bitcoin will only reach $ 20k. It's been difficult, always, many rumors that occur until bitcoin falls again.
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July 21, 2019, 04:40:06 PM
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 #47

Ah, $100k.  People have been predicting bitcoin to hit that target for as long as I can remember—but I’ve also heard others predicting that doge will be at $1 for just as long, and I’m not sure either one actually will ever happen.

For bitcoin, I do think it’ll happen eventually.  Whether that’s going to be in my lifetime is another question.  Obviously it will take about a 10x rise in price, and that’s a large barrier.  On the other hand, I never really expected it to get to $10k as soon as it did and was totally shocked in 2017 when bitcoin hit $20k.  I’ve come to realize that pretty much anything I think can’t happen very well could happen, price-wise.  I seriously underestimated the power of the bitcoin speculator and how small bitcoin’s market cap actually is.  It’s certainly small enough such that when enough money pours in, the price can have very dramatic movements.  Hell, Warren Buffett could buy up all the bitcoin in existence if he chose to do so.

IMO, I’m pretty sure bitcoin will get to $100k eventually.  I do hope that there isn’t a bull run a la 2017 where the price rose too quickly and thus wasn’t sustainable.  I don’t want bitcoin to get there this year or probably even next year, because if it does it’ll never stay there.  We’ll have a crash to end all crashes.


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July 21, 2019, 05:03:09 PM
 #48

Many predictions appear, most of the predictions lead to the price of bitcoin that always goes up, but in fact bitcoin does not always go up, let alone go up to very expensive prices like that, it might be very difficult to reach prices because the popularity of bitcoin has decreased slightly compared to 2 years  then, but people can have their own predictions for this

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July 21, 2019, 07:28:00 PM
 #49

Bitcoin had taken it's forth parabolic phase and may take another all-time high that may drop a price of over $100,000 USD, I guess this is a new trend and may simply take the world of cryptocurrency by storm again.

And many traders had confirmed this parabolic phase to settle in this bull trend, What do you guys think? Any comments about this.

https://cryptoslate.com/bitcoin-long-term-trend-bullish-short-term-not-so/

Thinking of $100,000 USD bitcoin price at the present moment is not realistic and i do not know when bitcoin will reach this figure. It may take 4 to 5 years before bitcoin can reach such high value. No trading trend can predict when bitcoin will reach this high value.
It might look unrealistic right now but we are not far away from the time when you would have your Bitcoins valued a lot and that would be the time prior to or post Bitcoin halving in May 2020. We are expecting the Bitcoin halving in 2020 on 20th May and you should have at least one Bitcoin regardless of how the market looks bad for the investment in the coin.
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July 21, 2019, 09:56:50 PM
 #50

I do hope that there isn’t a bull run a la 2017 where the price rose too quickly and thus wasn’t sustainable.

Get ready to be disappointed! Tongue

The volatility is unavoidable. With such extreme scarcity and massive potential utility and speculative value, these swings can't be helped. And they eventually are sustainable. We never went below $32 again. Or $1,163. The cycles are volatile but the overall trend has always sustained.

I don’t want bitcoin to get there this year or probably even next year, because if it does it’ll never stay there.  We’ll have a crash to end all crashes.

Why do you think so?

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