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Author Topic: Bitcoin will reach $100k within 5 years from now  (Read 4596 times)
Pearls Before Swine
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November 06, 2019, 04:21:59 PM
 #101

I believe we can see $ 50,000 in 5 years. I prefer not to believe in too high prices
That would be more up my alley as well.  As much as I like to see bitcoin achieving new all time highs, I don't like to see them happening too soon.  When that does happen, we get situations like Mt. Gox and the 2017 bubble.  $50,000 in 5 years sounds reasonable to me.  $100,000 does not sound sustainable.

People should see the many positive things from bitcoin so it can hook new investors and i'm sure reaching 100k in 5 years is an easy work for bitcoin
Even if a bunch of new investors poured into the market and drove bitcoin up to $100,000 do you think it could possibly stay at that level?  The same situation basically happened in 2017, where people who had just heard of bitcoin were getting way too excited about it and were buying it like crazy.  That's a recipe for a bubble that will eventually burst, and I don't want to see another one of those.  Incremental gains over a long period of time are much, much better.
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November 06, 2019, 08:30:20 PM
 #102

It is totally possible that after 5 years bitcoin reach 100,000$. Even bitcoin is very volatile there is a chance that bitcoin reaches that price and as you can see some professionals predict that after this year the price of bitcoin might pump up to 1,000,000$. Maybe we should hold our bitcoin and wait for 5 years and let's if bitcoin truly hit the price of 100,000$.

Anything can happen, even the unexpected happens in crypto sphere. Though it may sound like a piece of hype news who knows. I think $100,000 is reachable since the timeline is 5 years. As crypto grows especially bitcoin with limited supply, its very possible.Any world events with worldwide significant can trigger this bull run.

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November 07, 2019, 02:51:54 PM
 #103

It would be possible and will depend if more people will invest in bitcoin and we don't what will happen in the future. Also bitcoin  is really good for long term hodling and and by the end of this year the value might exceed the ATH or after the halving.

But for sure that cryptocurrency will be the future payment and paper money will be worthless unless people will still rely on it. And realize on how convenient using a digital payment than bringin papermoneh and coins.


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November 07, 2019, 08:46:25 PM
 #104

Its absolutely possible for bitcoin to reach $100K in five years having considered the ever growing adoption of bitcoin on daily basis the exponential rise in price in towards ATH 2017 is a prelude of the possibility of another ATH recurring, This year its price was $3300+ in the early months thereafter the price recovery was massive which stood above $9K  presently thus bitcoin price is in a kind of bullish trend on a long term basis if the bullish trend momentum is sustained in five years time the price must have climb upto a much better price.

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November 07, 2019, 11:32:49 PM
 #105

It would be possible and will depend if more people will invest in bitcoin and we don't what will happen in the future. Also bitcoin  is really good for long term hodling and and by the end of this year the value might exceed the ATH or after the halving.

But for sure that cryptocurrency will be the future payment and paper money will be worthless unless people will still rely on it. And realize on how convenient using a digital payment than bringin papermoneh and coins.
We are indeed hoping this era will come, when Bitcoin or any relatable cryptocurrency will be the only used digital money been used by we humans but there will be a lot of buts there.
More reason is because government do not really want to lose their country currency.
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November 08, 2019, 08:56:45 AM
 #106

Its absolutely possible for bitcoin to reach $100K in five years having considered the ever growing adoption of bitcoin on daily basis the exponential rise in price in towards ATH 2017 is a prelude of the possibility of another ATH recurring, This year its price was $3300+ in the early months thereafter the price recovery was massive which stood above $9K  presently thus bitcoin price is in a kind of bullish trend on a long term basis if the bullish trend momentum is sustained in five years time the price must have climb upto a much better price.

We saw amazing rise in 2017, from 1000 dollars at the beginning of the year to 19k dollars by the end of the year. Bitcoin can do amazing moves, in both directions, we saw that before and I' sure we will see that many more  times in the future.
When we speak about possibilities and chances, I think that we have higher chances to see bitcoin at 100k one day than on 1000 dollars. Of course there is no safe bet in life, but I would like to think that odds are in our favor.

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November 08, 2019, 09:31:04 AM
 #107

Its absolutely possible for bitcoin to reach $100K in five years having considered the ever growing adoption of bitcoin on daily basis the exponential rise in price in towards ATH 2017 is a prelude of the possibility of another ATH recurring, This year its price was $3300+ in the early months thereafter the price recovery was massive which stood above $9K  presently thus bitcoin price is in a kind of bullish trend on a long term basis if the bullish trend momentum is sustained in five years time the price must have climb upto a much better price.

We saw amazing rise in 2017, from 1000 dollars at the beginning of the year to 19k dollars by the end of the year. Bitcoin can do amazing moves, in both directions, we saw that before and I' sure we will see that many more  times in the future.
When we speak about possibilities and chances, I think that we have higher chances to see bitcoin at 100k one day than on 1000 dollars. Of course there is no safe bet in life, but I would like to think that odds are in our favor.
The life keeps rolling upon some form of belief. If we think tomorrow we won't be alive, then the life gets wasted. As we believe tomorrow we have a life we're alive and making things better than the present day. Same is with bitcoin the positive thought process is the one that drives us forward and get benefited.

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November 09, 2019, 01:01:59 AM
 #108

I feel like 5 years is good enough time for $100k, I just checked and the halving is just 190 days away however the next halving after that looks like will be in 2024, so I don't know if it will be enough or not but eventually in 5 years it means 2 halving on top of this price which would be already at least 40-50 thousand dollars easily, if there are any hypes and improvements etc on top of that $100k looks possible.

I would say by 2024 or so having a $50k+ price would be so realistic that I would be super pissed if it is not happening, however if it is going to happen then I would totally see it as what it should be and not getting lucky about the price, like back in 2017 when we were at $20k I saw it as shocking and unexpected, $50k by 2024 sounds like what it should be.

Yes. The halving would definitely have a positive effect on Bitcoin's price over the long term. We've seen how Bitcoin went all the way from being worth cents to thousands of dollars in just a few years since inception. As the pioneer cryptocurrency becomes scarcer over time, demand will increase (hopefully) making its price rise across the crypto market. Even if Bitcoin doesn't touch $100k within 5 years from now, it could very well get past its latest ATH of $20,000 per coin. A substantial increase in the number of institutional investors, as well as, mainstream Lightning Network payments, could lead Bitcoin towards new ATHs in a blink of an eye. Given how fast Blockchain develops in just a short amount of time, anything's possible.

While $100k sounds fair enough for a couple of years from now, the ultimate goal for Bitcoin would be to reach $1 million USD. That would make many early adopters (like you and me) extremely wealthy in just a short amount of time. While it's not about the money, most people seem to care about this more than Bitcoin's real use cases within the mainstream world. Despite this, Bitcoin will not be able to grow further in price if it lacks demand across the market. Matters become worse when there is a reduction in block reward, while prices remain the same or lower than they were before. If that happens, then it'll become an unprofitable journey for miners supporting the BTC blockchain.

Nonetheless, I'm hoping that by 2025, we'll be able to experience $100k per Bitcoin. Exciting years will come ahead, as new improvements and upgrades are adopted by the Bitcoin community. The Lightning Network, Dandelion Protocol and even Schnorr Signatures, will make Bitcoin bigger, faster, and stronger than ever before. Rest assured that these same upgrades, will gather the attention of people within the mainstream world starting a frenzy of "FOMO" greatly benefiting Bitcoin's price within the future. Just my thoughts Grin

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November 09, 2019, 01:11:01 AM
 #109

I'm also always optimistic that bitcoin in the future will get even more expensive. and maybe in 5 years bitcoin can reach $ 100. but in my opinion the value is too big because right now the price of bitcoin is only $ 9k. i predict maybe the price will reach $ 50k i think it makes more sense. because to get back to $ 20k bitcoin hasn't arrived yet. we can only speculate that the market will determine it later.

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November 09, 2019, 08:09:06 AM
 #110

The five years time is to short and I just think we will be able to reach the 100k price in just 5 years, look at what we are now, it's been 10 years that bitcoin existed but we hardly even step on the $20,000 mark, i'm not trying to be as negative as it can be but even if we consider all the factors affecting the price $100k is just too far to reach, I would go with $50k perhaps but $100k, I doubt it.
Grin What makes you doubt, you see this old grandfather John McAfee said BITCOIN will touch 1 million dollars by the end of 2020, do you not believe him like most people https://twitter.com/officialmcafee/status/935900326007328768

100k is a price that can possibly be reached. It's just that Bitcoin needs time to develop and can happen in the next 5 years, but I analyze the price of 100k bitcoin will be easy to reach in the next 2 years, don't believe that because I'm only speculating  Wink

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November 10, 2019, 07:13:34 AM
 #111

In my own personal opinion, no doubt that bitcoin will definitely reach it's price up to $100k in the future, but i think it is impossible for bitcoin to reach $100 k for just 5 years because no one could really predict when will bitcoin increase or decrease it's price, and bitcoin is really having a hard time to recover it's price back to $20 k again. So i assume that bitcoin' prive will reach up to $100k about 10 years or more.
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November 10, 2019, 09:12:23 AM
 #112

It will surely reach at that level, I can already imagine what this market would look like 5 years from now.

Maybe that time bitcoin and crypto are already widely accepted and that will result to an increase of demand and we know Bitcoin as the king will always lead and as this technology progresses, more and more investors will also try to hold this for long term, I think its possible that those gold holders will shift to holding BTC as long as there's a proper regulation that would ensure protection to investors.

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Lecam
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November 11, 2019, 02:38:53 AM
 #113

It will surely reach at that level, I can already imagine what this market would look like 5 years from now.

Maybe that time bitcoin and crypto are already widely accepted and that will result to an increase of demand and we know Bitcoin as the king will always lead and as this technology progresses, more and more investors will also try to hold this for long term, I think its possible that those gold holders will shift to holding BTC as long as there's a proper regulation that would ensure protection to investors.
I believe also that bitcoin reach that price and after 5 years many will adopt bitcoin to their business. And bitcoin can lead us for a good future and many investor will take a good income for there patiently waiting for bitcoin price will grow up. Bitcoin is very good now where you can invest your money and wait for long term investing.
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November 11, 2019, 03:53:37 AM
 #114

yes all possibilities can occur in the bitcoin market. it's possible that in the next 5 years the price of bitcoin can reach $ 100k. but we should not expect too much because all this is just speculation. no one can guarantee with certainty whether bitcoin will be a bull run after halving.
because it could be after bitcoin halves the price of bitcoin goes up high but then falls again. as happened with Litecoin. Litecoin takes two in August 2019 but 3 months later the price is dumped. no one knows for sure what the price of bitcoin is in the future.

 
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November 11, 2019, 07:15:38 PM
 #115

The five years time is to short and I just think we will be able to reach the 100k price in just 5 years, look at what we are now, it's been 10 years that bitcoin existed but we hardly even step on the $20,000 mark, i'm not trying to be as negative as it can be but even if we consider all the factors affecting the price $100k is just too far to reach, I would go with $50k perhaps but $100k, I doubt it.
  I will also go with 50k dollars or more. I have no doubts in the potential of bitcoin but there are so many other factors that need to be considered before jumping to any conclusion. If bitcoin becomes legal after 5 years or in the time span of 5 years in all ruling states of the world economy, then are maximum chances of it going beyond 50k dollars. Otherwise it would take time to reach such big price.
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November 12, 2019, 10:37:41 AM
 #116

Looking at the crypto market, I think that there are too many obstacles to Bitcoin price growth. My forecasts for the future price of Bitcoin were optimistic, but now I think that it takes at least 4-5 years to raise the price of Bitcoin to $100,000. Perhaps we need to wait for halving in 2020, after which the next halving, then the price can reach $100,000 is quite realistic.
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November 13, 2019, 02:06:26 PM
 #117

Its a long time to predict bitcoin price .There will be many thing happen in near future to the world .But the way the price is rising from the past years it quietly predictable that it could go this level in the next five years .We just need to buy and full our bag in low price so that we can be profitable.

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November 13, 2019, 06:47:01 PM
 #118

It will surely reach at that level, I can already imagine what this market would look like 5 years from now.

Maybe that time bitcoin and crypto are already widely accepted and that will result to an increase of demand and we know Bitcoin as the king will always lead and as this technology progresses, more and more investors will also try to hold this for long term, I think its possible that those gold holders will shift to holding BTC as long as there's a proper regulation that would ensure protection to investors.
I believe also that bitcoin reach that price and after 5 years many will adopt bitcoin to their business. And bitcoin can lead us for a good future and many investor will take a good income for there patiently waiting for bitcoin price will grow up. Bitcoin is very good now where you can invest your money and wait for long term investing.
The way people are accepting bitcoin and accepting the concept of digital currencies, this is very much possible that in the next 3 or 4 years we see bitcoin as legal digital currencies all over the world because famous and multinational companies have started adopting it. People are often speculating about crypto banks as well. So if people can think about such stuff, there is no way they cannot do it practically.

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November 14, 2019, 01:54:58 AM
 #119

It is totally possible that after 5 years bitcoin reach 100,000$. Even bitcoin is very volatile there is a chance that bitcoin reaches that price and as you can see some professionals predict that after this year the price of bitcoin might pump up to 1,000,000$. Maybe we should hold our bitcoin and wait for 5 years and let's if bitcoin truly hit the price of 100,000$.

Anything can happen, even the unexpected happens in crypto sphere. Though it may sound like a piece of hype news who knows. I think $100,000 is reachable since the timeline is 5 years. As crypto grows especially bitcoin with limited supply, its very possible.Any world events with worldwide significant can trigger this bull run.
One international event that may help the price of bitcoin to reach those levels is if we saw a huge economic crisis that was many times bigger than what we were expecting this will destroy the confidence that people have in fiat and will help bitcoin to become more popular among people especially those that are skeptic about a currency that is not printed by a government, and people will finally understand why we need a currency that is independent from government control.
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November 14, 2019, 02:59:55 AM
 #120

Its a long time to predict bitcoin price .There will be many thing happen in near future to the world .But the way the price is rising from the past years it quietly predictable that it could go this level in the next five years .We just need to buy and full our bag in low price so that we can be profitable.

We have the same belief, price will go up and dump but if you believe in the coins that you are supporting and the future of the market, you will just continue to buy and hold it, it used to be a gambling in the past if you keep hoarding coins, but after ten years it's worth it for preparation of the future of the coins you are supporting.
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