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Author Topic: Why Bitcoin will Hit $100,000 in or Before 2022  (Read 474 times)
FanEagle
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August 23, 2019, 03:54:12 AM
 #21

The deal is we have gone that already, we don't know if we gonna get that once again, going 5x-10x was easier from $1k to $10k for example but it will be harder from $10k to $100k because there will be a lot more people who will sell and it will require a lot more money to buy their orders.

So, we have already spent a ton of money going from $3.4k to $13.8k at our peak and now we are suppose to go another 5x in another 6 months? That is really improbable from both sides, its both difficult because we have already went up a lot and spent a lot of money to reach here, plus its hard because the higher the price the more difficult it gets to increase, hence I feel like nothing will happen anytime soon. Maybe later in the future, maybe standing still for another 3-4 months and then moving up but not a steady increase anytime soon.

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August 23, 2019, 05:49:01 AM
 #22

Do you agree with me on my prediction that Bitcoin price will hit 100k before December 2022?

I definitely do not agree that by 2022 the bitcoin price will reach $ 100,000. Look at the current stage:

August 22, 2019 the price is $ 10,000... still no have huge demand, BAKKT will enter in scene on September 23, we will see how much demand it will bring in the coming months, but even if it brought a lot Demand, I believe we would see at most $ 60,000 by 2020.

I also have a strong believe That no single person nor single policy is capable to bring the price down, rather the price is decided by the people's sentiments.

the regulations are delaying the growth of crytpos, but at the same time i believe that with proper regulations many cryptos will die ... in the end bitcoin will benefit greatly with regulations

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August 24, 2019, 03:10:35 PM
 #23

Actually, I can’t be sure with a 100% guarantee that in 2022 we will reach $ 100,000 for bitcoin, but nevertheless, trading in Bitcoin futures should attract a sufficiently large number of investors and interested people in cryptocurrency trading.  In addition, I would like to draw attention to the fact that the price of Bitcoin will increase even due to the fact that the price for mining has almost halved, as stated by very reputable analytical companies.
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August 24, 2019, 10:54:20 PM
 #24

Do you agree with me on my prediction that Bitcoin price will hit 100k before December 2022?

This upward movement will be fueled by People's sentiment and other important indicators. I also have a strong believe That no single person nor single policy is capable to bring the price down, rather the price is decided by the people's sentiments.

You are quite right when you affirm that the price is moved by people's feelings, it is true, although we must take into account that we must determine at what stage of the market we are currently, personally my Wyckoff-based analysis is at a beginning stage bullish trend, and I think that before 2022 it can reach that price range, because some massive purchases have already been seen after $ 6k, which caused the price to rise, and according to this, BAKKT will start on 23 September of this 2019, this is something very positive, I really dare to say that many buyers will enter the market buying at the price that is and with large volume. This helps the BTC do something similar to a re-accumulation, so the price will quickly win a new ATH.

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August 25, 2019, 06:12:58 AM
Last edit: August 25, 2019, 10:22:52 AM by marcbitcoins
 #25

Do you agree with me on my prediction that Bitcoin price will hit 100k before December 2022?

This upward movement will be fueled by People's sentiment and other important indicators. I also have a strong believe That no single person nor single policy is capable to bring the price down, rather the price is decided by the people's sentiments.

Hopefully that at least this price will become possible in the future as many people like the famous crypto magnet John McAfee is predicting more than that in which for him it will reach $1M by that year but still i'm doubtful that it will going to happen as for me that the more the Bitcoin will become more expensive to purchase is the more difficult to buy it for an investment. So for me maybe $20k to $30k are the nearest possible figures for that date.
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August 25, 2019, 12:52:44 PM
 #26

Do you agree with me on my prediction that Bitcoin price will hit 100k before December 2022?

Personally, I think this is possible because it is only an increase of 10 times from the current price. When it comes to Bitcoin, anything is possible, and in 3+ years to go from $10k ->$100k is something that is quite realistic.

What we need to ask ourselves is what would cause such a price increase, because it will not happen by itself very likely. Can such an increase in price be caused by small ordinary people who will invest in BTC in the next three years, or it all depends on the institutional investors? If they wait to SEC approve ETF, perhaps the real question is whether this is the next big thing that will launch BTC to the moon.

Still I would disagree that governments have no instruments to bring price down, or to even make cryptocurrency completely illegal. All they need to do is to shut down all crypto exchanges, and declare crypto transactions illegal+completely destroy any legal connection which banks have today with crypto.

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August 26, 2019, 02:30:38 PM
 #27

Do you agree with me on my prediction that Bitcoin price will hit 100k before December 2022?

I definitely do not agree that by 2022 the bitcoin price will reach $ 100,000. Look at the current stage:

August 22, 2019 the price is $ 10,000... still no have huge demand, BAKKT will enter in scene on September 23, we will see how much demand it will bring in the coming months, but even if it brought a lot Demand, I believe we would see at most $ 60,000 by 2020.
What is the gap between the $100k and the $60k, if you do not believe that by 2022, bitcoin could reach $100k, then why will you believe that by next year which is around the corner, bitcoin price will reach that $60k? This was the same expectation that led people into FOMO in the last bull run, and rather tan them taking profit, they were busy investing at peak.

You need to understand that there are two faces to the coin, the head and the tail, and when you toss the coin, it could go any direction. In the cryptocurrency market, we are simply divided into two groups, the bull group and the bear group, if you are the type that is investing, you fall for bull but if you are the type that is taking money, you fall for bear group, no matter how hard the bulls try to pump the market, the bears will always force the price of the market down, forcing it not to meet up to expectation, so you see why it will be a little bit difficult to reach that.

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August 26, 2019, 02:48:39 PM
 #28

Do you agree with me on my prediction that Bitcoin price will hit 100k before December 2022?
Do I believe you?ofcourse I do because I trust bitcoin and I know that this can hit even quarter a million bucks
But the question is on why year?2020?i think it wasn’t enough as it’s too early to expect huge amount for single bitcoin mate
Quote
This upward movement will be fueled by People's sentiment and other important indicators. I also have a strong believe That no single person nor single policy is capable to bring the price down, rather the price is decided by the people's sentiments.
But whales are hindering the Bitcoin price to prosper more because they cannot bag another sets money from pumping an dumping if price continues to grow and reached that hundred grants









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August 26, 2019, 10:23:56 PM
Last edit: August 26, 2019, 10:49:50 PM by Kasabus
 #29

But whales are hindering the Bitcoin price to prosper more because they cannot bag another sets money from pumping an dumping if price continues to grow and reached that hundred grants
Do we need to complain about these whales for their doings? It absolutely we can't because there is no reason to make it besides, they are also investors just like us only the invested a lot which they can influence the market flows and prices but not in a way that they are controlling it.

Not really to believe that it Bitcoin will move higher in 3 years (2022) from now and similar to this topic https://bitcointalk.org/index.php?topic=5175916.0. We can't actually predict for the incoming and not even TA's will work as well pretty much closer to what it happens next.

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August 26, 2019, 11:57:55 PM
 #30

Do you agree with me on my prediction that Bitcoin price will hit 100k before December 2022?

This upward movement will be fueled by People's sentiment and other important indicators. I also have a strong believe That no single person nor single policy is capable to bring the price down, rather the price is decided by the people's sentiments.

With your prediction? That type of prediction is almost everywhere.

I do believe that the price will hit that level but not in 2022. If it will happen early, then good. If not, then fine. Doesn't matter as long as bitcoin is steady.

The most important thing to think and do right now is continuous accumulation rather than setting up a dream price target . It might give you a false expectation so just go with the flow.

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ethereumhunter
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August 27, 2019, 05:57:26 AM
 #31

Do you agree with me on my prediction that Bitcoin price will hit 100k before December 2022?

This upward movement will be fueled by People's sentiment and other important indicators. I also have a strong believe That no single person nor single policy is capable to bring the price down, rather the price is decided by the people's sentiments.

I agree with your prediction, but I am not sure that the bitcoin price can hit $100k before that time. It still mystery to us because we cannot predict with right and we could only follow where the market wants to move. But if the price can really increase to that price, then I am sure that all people will be shocked and for people who are not investing their money in bitcoin will think that they lose a very big chance to make a lot of money from bitcoin.

But that will be 2 years later than now, and I think if the price can hit $20k this year, that will be a new chance for bitcoin to be popular within the public. I am sure that they will join in bitcoin and the long-term, it will attract more people to come into cryptocurrency.

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omonuyak
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August 27, 2019, 06:44:32 AM
 #32

Do you agree with me on my prediction that Bitcoin price will hit 100k before December 2022?

This upward movement will be fueled by People's sentiment and other important indicators. I also have a strong believe That no single person nor single policy is capable to bring the price down, rather the price is decided by the people's sentiments.

I agree with your prediction, but I am not sure that the bitcoin price can hit $100k before that time. It still mystery to us because we cannot predict with right and we could only follow where the market wants to move. But if the price can really increase to that price, then I am sure that all people will be shocked and for people who are not investing their money in bitcoin will think that they lose a very big chance to make a lot of money from bitcoin.

But that will be 2 years later than now, and I think if the price can hit $20k this year, that will be a new chance for bitcoin to be popular within the public. I am sure that they will join in bitcoin and the long-term, it will attract more people to come into cryptocurrency.
I have see many predictions this days as par the reason why bitcoin is going to hit $100,000 by 2021 on both here and Twitter and it really sound strange. I think the reason why bitcoin is a bit better is because of the halving by next year may. I doubt now if bitcoin will go so high in next 2 years.
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August 27, 2019, 07:00:13 AM
 #33

Do you agree with me on my prediction that Bitcoin price will hit 100k before December 2022?

This upward movement will be fueled by People's sentiment and other important indicators. I also have a strong believe That no single person nor single policy is capable to bring the price down, rather the price is decided by the people's sentiments.

I agree with your prediction, but I am not sure that the bitcoin price can hit $100k before that time. It still mystery to us because we cannot predict with right and we could only follow where the market wants to move. But if the price can really increase to that price, then I am sure that all people will be shocked and for people who are not investing their money in bitcoin will think that they lose a very big chance to make a lot of money from bitcoin.

But that will be 2 years later than now, and I think if the price can hit $20k this year, that will be a new chance for bitcoin to be popular within the public. I am sure that they will join in bitcoin and the long-term, it will attract more people to come into cryptocurrency.
I have see many predictions this days as par the reason why bitcoin is going to hit $100,000 by 2021 on both here and Twitter and it really sound strange. I think the reason why bitcoin is a bit better is because of the halving by next year may. I doubt now if bitcoin will go so high in next 2 years.
Halving is a big expectation among the common cryptocurrency users for the next level of growth. This is more or less an assured process that makes some changes over the market in terms of the supply. Though there were countries standing against cryptocurrency, on the other side there is continued adoption from low level to large scale companies. This portrays the increasing demand of bitcoin and this could get reflected on the rise in the price of bitcoin.

On what basis I don't know, but there is big hype for the upcoming halving as well as the year 2022. Let's wait and experience the reality, because expectations, predictions and impossible things getting achieved is common with bitcoin.

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August 27, 2019, 02:24:13 PM
 #34

We are not certain of this bitcoin prediction if price by year 2020 could hit $100k. Once the demand becomes higher the price of bitcoin could reach higher but I am not certain if what price then. So, for sure by that year many development could occur in crypto.
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August 27, 2019, 09:05:48 PM
 #35

Well these are just speculatives words and they have been here since from the launched of the platform but one thing is sure that, we shall experience some good price before the drastical change and this would be around the 2040. I can't wait.to see the best innovative. Of bottle. Hope that the price of one bitcoin can make the holders millionaire's.

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August 27, 2019, 09:15:16 PM
 #36

Many people have speculated this huge target for bitcoin to reach. It is highly possible for bitcoin but the time period is the issue here. As crypto enthusiasts, we can remain positive and expect only the best to happen to bitcoin's price. Hopefully, in the near future this target could be reached not based mainly on sentiments.
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August 27, 2019, 10:34:42 PM
 #37

Do you agree with me on my prediction that Bitcoin price will hit 100k before December 2022?

This upward movement will be fueled by People's sentiment and other important indicators. I also have a strong believe That no single person nor single policy is capable to bring the price down, rather the price is decided by the people's sentiments.
Maybe? We really can't tell the exact price in the future but i think it is possible if there are circumstances that would make to change the market to hype up that much. But today it is just a speculation since you don't have the data to prove that the price would hit $100k in 2022.

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August 28, 2019, 05:00:06 PM
 #38

We have seen halving before and we have seen halving on other coins many many times as well. Its not making the difference people think it does. Don't get me wrong the difficulty increases and the reward drops so its harder to mine the coin and it creates a reason for not selling cheap from the miners which would increase the price of bitcoin. However even after saying that, its not AS BIG as everyone thinks.

Surely, if we go into halving with 10-15 thousand range the best case would be reaching 20 thousand dollars and that's it. Some people are so beyond their minds that they are thinking price will go up to 50 thousand dollars all because of halving, I am sorry but 5x just because of halving at this price is not possible, maybe your favorite altcoin had 5x-10x but that was probably couple million dollars at best on market cap, this would result with a trillion.
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August 28, 2019, 05:31:09 PM
 #39

We are not certain of this bitcoin prediction if price by year 2020 could hit $100k. Once the demand becomes higher the price of bitcoin could reach higher but I am not certain if what price then. So, for sure by that year many development could occur in crypto.
That’s supply and demand the normal ways on how the market goes either growing or losing but in some point that’s relevant to not expecting a great growth in a span of just a year,yeah we are looking forward about the Halving but it doesn’t necessarily mean we will expecting Huge because the more we find big the more we have got losing.but I am also optimistic that $100k will be on the way in 3+5 years time and that’s enough time for all of has to prepare for our crypto dreams

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September 17, 2019, 05:57:38 AM
 #40

Many people have speculated this huge target for bitcoin to reach. It is highly possible for bitcoin but the time period is the issue here. As crypto enthusiasts, we can remain positive and expect only the best to happen to bitcoin's price. Hopefully, in the near future this target could be reached not based mainly on sentiments.

I think the issue here is where do we get that amount of money to flow into the ecosystem and push the price to $100k in the next coming years. Unless institutional investors move to the market and pour their cash, it might take years for us to finally see a 6 digit figure, just saying. Personally I think that it will be around 2024-2025.

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