Do you really think bitcoin will reach 100k $ in 2021

[figmentofmyass]

Politicians should be forced to say 'thousand million' and blow out their cheeks and throw out their arms to emphasize how vast that number is.

What should they do to emphasize a trillion?   

maybe something like this:

If we look back at the bitcoin whitepaper which was written by Satoshi and the previous success story of bitcoin accumulators we should blame every individual which belief bitcoin to be the ever opportunity to be wealthy cause bitcoin was also created for making people financial freedom.

The white paper isn't law.

the whitepaper also doesn't mention anything about "freedom" or anything philosophical like that. at most, bitcoin was described as a way to eliminate trust and prevent fraud in electronic/online payments.

[Wilhelm]

   

[samcrypto]

Move your topic here mate Speculation it's more appropriate at that sub.

But yeah probably.

I’ve seen this picture many times, and as of now the prediction is still accurate. If the price on October hits the prediction then I will start to believe on that guy. $100k is reachable at no specific time, with bitcoin its going to happen unexpectedly. I just hope that the prediction above is true, this is just a guide for us.

[Oceat]

Move your topic here mate Speculation it's more appropriate at that sub.

But yeah probably.

I’ve seen this picture many times, and as of now the prediction is still accurate. If the price on October hits the prediction then I will start to believe on that guy. $100k is reachable at no specific time, with bitcoin its going to happen unexpectedly. I just hope that the prediction above is true, this is just a guide for us.

True! $100k is reachable at no specific time. Therefore no one really knows what would be the future and the only way we can rely on something in the future is the chart, the chart that tells us everything. We just don't expect that $100k will going to happen soon as the title says in 2021 but i highly doubt about it.

[ethereumhunter]

Move your topic here mate Speculation it's more appropriate at that sub.

But yeah probably.

I’ve seen this picture many times, and as of now the prediction is still accurate. If the price on October hits the prediction then I will start to believe on that guy. $100k is reachable at no specific time, with bitcoin its going to happen unexpectedly. I just hope that the prediction above is true, this is just a guide for us.

True! $100k is reachable at no specific time. Therefore no one really knows what would be the future and the only way we can rely on something in the future is the chart, the chart that tells us everything. We just don't expect that $100k will going to happen soon as the title says in 2021 but i highly doubt about it.

Bitcoin can reach $100k in anytime even that will happens soon before 2021 because we are free to predict when it will happen. The truth is bitcoin will reach that number in the future, when is the future? No one will know

We don't have any clue when bitcoin can reach that number, but if we see that image, I think in this year, we will going to see a surprise from bitcoin and we could hope that it's about the increasing of the price. And we can expect that the price can surely reach $16k as in the image, so let see what will happen later.

[soxxx]

Move your topic here mate Speculation it's more appropriate at that sub.

But yeah probably.

TBH it looks like pretty healthy growth, and doesn't even require us to go completely parabolic. I think we will hit $300k by the end of 2021.

[Diachyk]

No. I think bitcoin will reach no more than 20K in 2021. Yes, it's interesting - but there is already a lot of alternative cryptocurrencies. And 100K for 1 BTC  - is too much for nothing ))

[Herbert2020]

this topic and some of the replies is yet another reason why we are in a similar situation as 2015 and 2012, and a couple of other older cases. we are yet in another slowed down situation where price isn't making big jumps like the previous phase (2017) and everyone starts seeing some big prediction (it was $20k, $50k in 2015 and is $100k, $300k for 2019) and start thinking whether it is possible just because the "number looks big".
you can even find topics about people speculating price reaching $1 back in the early days and other being skeptical about the price being too big to reach

[sana54210]

That is just barely in 2 years’ time, hmm, I am sure that satoshi would not even forecast that bitcoin price would have reached this amount by now, so I don’t know where all these speculators are getting these forecast figures from.

It is not about just forecasting, they have to back it up with real fact, maybe some calculations that made them arrive at that, and then mathematicians and economist, and all financial experts will then check too to see how realistic it is, it is not just about waking up one day, and then determine from the heart that bitcoin will reach such amount of value through believe. Well, the market develops more on a speculative one, so I will still have to support and believe in my heart too that something will happen that will make it possible.

[gentlemand]

That is just barely in 2 years’ time, hmm, I am sure that satoshi would not even forecast that bitcoin price would have reached this amount by now, so I don’t know where all these speculators are getting these forecast figures from.

Have you just bought this account?

That's how bubbliness works. It's rapid, violent and ludicrously exceeds expectations. Then you get a kicking for several years afterwards.

One year to the day before the price hit 20 grand the price was about $950.

 

[DeathAngel]

Move your topic here mate Speculation it's more appropriate at that sub.

But yeah probably.

If the price plays out in the same pattern as previous bear to bull market transitions plus the effects of each halving included then this is something that could be close to reality.

[wildey]

Move your topic here mate Speculation it's more appropriate at that sub.

But yeah probably.

If the price plays out in the same pattern as previous bear to bull market transitions plus the effects of each halving included then this is something that could be close to reality.

if the support is indeed large, the price maybe can reach beclose to that. it's just that, for now, I haven't thought about up to the price of $ 100k because ATH price from bitcoin is also still quite far from the current price and has not been passed since 2017.

so far, the prediction that I can think is that the price of bitcoin can reach $ 15k in the near future. Well, I'm very optimistic about this, but I might think that the price of bitcoin can reach $ 100k when the price of BTC exceeds the ATH.

[barbara44]

It is absolutely possible if we are ready to work toward it, then if we are ready, dumping of the coin often that often crashes the market every time bitcoin wants to rise must first stop, people must be willing to hold the coin for long, and create as much as possible hype that will make people know about bitcoin so that the adoption rate can increase and so that demand can also increase.

If there is constant high demand for the bitcoin, then we will see the value leaping from time to time and this time around, the bull run will not end like it ended in the last one within 7 consecutive weeks. If there is no increase in adoption rate, and people continue to do shorts with bitcoin, then there is no magic that will do that because this speculator would not be the one to buy up the whole cryptocurrency in the market.

[South Park]

According to Porto, rapidly growing technologies have a doubling time, meaning that their effectiveness doubles within a consistent, repeatable timeframe. Traditionally, Moore’s law has been applied to computing technology, but Porto says that the bitcoin price has thus far followed the trend by more or less doubling every eight months throughout its history.

As he states:

Moore's law specifically applied to the number of transistors on a circuit but can be applied to any digital technology ... Any technology that is growing exponentially (i.e., 'following Moore's law') has a doubling time.

Assuming bitcoin continues to follow this golden rule in the near-term, Porto anticipates the bitcoin price will extend beyond $100,000 by February 2021. Using the current BTC supply for simplicity’s sake, this would give bitcoin a market cap of about $1.65 trillion. Needless to say, a $100,000 bitcoin price would thrill today's investors, assuming they have the fortitude to resist the temptation to sell them.

I will admit that is a possibility however I do not see bitcoin reaching that kind of price without being helped by very specific circumstances, right now the average person is happy with the way the fiat system works and they do not see the need for a form of money that is independent from government control, but if a big crisis hit us during that time frame then we could see a huge segment of the population adopting bitcoin very quickly which will no doubt make the price to skyrocket as well and give us a chance to reach 100k.

[btc78]

What I do believe is Bitcoin will grow year after year but to be specific in prices?i don’t think it is reasonable to expect something specially in th volatility of cryptocurrency..I prefer to be happy enough if the price of Bitcoin will reach atleast more than $20,000

No. I think bitcoin will reach no more than 20K in 2021. Yes, it's interesting - but there is already a lot of alternative cryptocurrencies. And 100K for 1 BTC  - is too much for nothing ))

Alternative cryptocurrency has nothing to do with the growth of bitcoin in future,and before you say that altcoins can hinder the pump of bitcoin better check the dominance of capitalization of bitcoin over altcoins because you seems to be not a bitcoin supporter

[beerlover]

It is not about how much number looks big or what people think, it is about how much money is in order books for both sides (going down or up) and it looks like there is way too many sell orders compared to buy orders when we are going up, hence if you want to go to 100k I am sure some of the orders we have will be gone because people will want to sell higher when they see price going up however there will be A WHOLE LOT more put on sell orders because people will want to cash out on their profits, we are talking about billions of dollars cashing out of bitcoin world which means we need at least that much and then some to make it keep going up.

We don't have that kind of hype or interest towards bitcoin, sure we have some but not billions of dollars of trading.

[barbara44]

No. I think bitcoin will reach no more than 20K in 2021. Yes, it's interesting - but there is already a lot of alternative cryptocurrencies. And 100K for 1 BTC  - is too much for nothing ))

You call all those coins alternatives? Now look at it, what is the status of those coins that you call alternative now? Is bitcoin still not growing while they are seriously declining, I thought you said they are alternatives, if they are alternatives, how come they watched bitcoin grow to $19800 in that last bull run, and how come they still watched bitcoin grow to $13800 in that last high that we got recently.

Look at much news that are coming up today, which coin are they all associating with? Still bitcoin. Don’t be deceived by those altcoins that are just here to play, bitcoin remain the only top coin and some other few to altcoins in the market like Ethereum, Binance and other altcoins that are within the scope of top 50 coins in the crypto market.

[Slow death]

Assuming bitcoin continues to follow this golden rule in the near-term, Porto anticipates the bitcoin price will extend beyond $100,000 by February 2021. Using the current BTC supply for simplicity’s sake, this would give bitcoin a market cap of about $1.65 trillion. Needless to say, a $100,000 bitcoin price would thrill today's investors, assuming they have the fortitude to resist the temptation to sell them.

It's really easy to write these calculations, but in practice things are very different, in practice we have to count on that there are still regulatory hurdles in this market and these issues involving regulations will not end anytime soon and will take years and affect demand. . That's why I find it hard for the price to reach $ 100,000 by 2022... at most we'll see $ 60,000 by 2022

Move your topic here mate Speculation it's more appropriate at that sub.

But yeah probably.

maybe he is the time traveler that jonh McAfee mentioned

[kaya11]

Move your topic here mate Speculation it's more appropriate at that sub.

But yeah probably.

Nice prediction almost right on prices from April to July,now what we are waiting is the October in witch very crucial.because just like what happen in fourth quarter of 2017 when the price starts to grow higher and the history recorded in 2017 December as we hit the highest price crypto ever had

In order for this to take effect atleast holders will keep theirs and investors must return back specially those where gone when the doom of market happen in 2018.

I will pin this post for sure I'm gonna buy more bitcoin if ever happens and reaches 16k USD on October, but for now I will just wait and read news about the trending stuff in crypto.

[Hamphser]

I really think that bitcoin should reach $100,000 in 2023 or 2024 not in 2021 it is just too soon to be there. The market is acting strange lately and it's been a week since bitcoin dropped from the stable price of $11,000 and now is struggling to move up. We merely make some prediction that doesn't correlate with the current situation of the market, it's baseless.