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Poll
Question: What year do you believe?
2019 - 0 (0%)
2020 - 1 (2.3%)
2021 - 6 (14%)
2022 - 2 (4.7%)
2023 - 1 (2.3%)
2024 - 5 (11.6%)
2025 - 7 (16.3%)
2026 - 1 (2.3%)
2027 - 1 (2.3%)
2028 - 1 (2.3%)
2029 - 1 (2.3%)
2030 - 6 (14%)
Never - 11 (25.6%)
Total Voters: 43

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Author Topic: What year will Bitcoin reach $250,000?  (Read 5033 times)
Dr.Osh
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September 02, 2019, 09:51:28 AM
 #21

for me, it is very difficult to predict this, especially now that recovery can be quite slow. if it is speculated based on available data, maybe bitcoin will reach that price by 2025, and however, I also doubt that. considering that the current price of bitcoin is $ 9k, so I still can't be optimistic at the price of hundreds of thousands of dollars.

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September 02, 2019, 01:32:12 PM
 #22

Let us first wait before the prediction of the $50k'ers believer comes true.
Then we could to $100k and next might be your wish.
So what if does happen? Did you try to buy more bitcoin before it happens or will just be mere words and predictions without even having the faith with the technology?

Some do wait because of money and I am not a hypocrite because I want it too.
But let us face it, how could it go that far? That means a lot to hodlers.
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September 02, 2019, 01:35:03 PM
 #23

So what if does happen? Did you try to buy more bitcoin before it happens or will just be mere words and predictions without even having the faith with the technology?

I certainly won't be buying any more. My hope is that it'll be directly spendable in more places as more people realise it has a lasting value and future. I'm uninterested in buying my toilet paper with it, but I am for other assets like property.
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September 02, 2019, 02:11:44 PM
 #24

Guess, prediction, it all makes me always confused sometimes right sometimes not right, but I keep investing outside the predicted price of Bitcoin as high as $ 250,000, let people think bitcoin prices as high as $ 250,000.

If the question is required to choose the price of bitcoin when $ 250,000, for me it will break in 2025.

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September 02, 2019, 03:50:51 PM
 #25

This post from 2013 inspired me to make this poll.

https://bitcointalk.org/index.php?topic=328685.0
Bitcoin should be able to reach $250,000 and above after the next halving which will make bitcoin extremely expensive. The major players in financial world are speaking positively about bitcoin and that means now should be the right time we should put in what we have since we can still get Bitcoin below $10,000.
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September 03, 2019, 11:12:57 AM
 #26

Probably we will get there after the next block halving next year, so around 2024 I guess. The next cycle will be around 6 figures perhaps but I don't see it getting into $250K. But just imagine if you are still accumulating at this time and seeing the price hit that in the future, going to the moon and lambo, lol.

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September 03, 2019, 02:02:25 PM
 #27

I voted for 2030 but if there was option for anything even longer than I would have picked that as well. I am not saying "never" because I believe it will be 250k eventually but that may take decades before it happens, like maybe in 2050 we will have bitcoin at 250k.

However, right now inflation is not as bad as people think (not in big countries anyway) and that means price of bitcoin is not going to get that big. Don't get me wrong it can go up a bit without taking inflation into consideration, like just finding the right price of bitcoin but I believe that is between 50k and 100k, it could be anything between those numbers, but anything above 100k I feel like there needs to be something wrong going on with the economy globally and that will only happen with inflation over decades.

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September 03, 2019, 03:51:24 PM
 #28

Let us first wait before the prediction of the $50k'ers believer comes true.
Then we could to $100k and next might be your wish.
So what if does happen? Did you try to buy more bitcoin before it happens or will just be mere words and predictions without even having the faith with the technology?

Some do wait because of money and I am not a hypocrite because I want it too.
But let us face it, how could it go that far? That means a lot to hodlers.

That's just it isn't it? And which is why I've never really seen myself, nor do I want to see myself, as a holder purist. I mean, let's most of us admit it, it is mainly about price for all of us and we want a good 6-digit maybe even 7-digit figure, and then we're all happy and lambo-ing off into the horizon.

But if we allow a bit of pragmatism, we know that we've got to balance that holding with a lot of actual use. Every spend we do, every case we use it for, contributes to that end game. Easy for me to say of course, I earn in bitcoin so I have no choice really to use it and sell it. Makes me feel good about myself but it's less a choice than it is circumstance.

And if we do allow for pragmatism, then we also allow ourselves to see that this big money price isn't just going to happen, and isn't likely to happen.

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September 03, 2019, 03:57:03 PM
 #29

i can't vote but probably more than 2022, maybe NEVER!   Kiss
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September 03, 2019, 07:18:25 PM
 #30

I can't say what year it is and nobody can even tell what year it is too. A $250,000 is a bit huge price if you have to ask me and it might take for a while before we even witness that day. I can't imagine if someone who had a single Bitcoin on that day, he must be really really rich if he has to sell it.

Well, maybe we were too old during that day if we could ever witness that price because it's just too soon to tell it that $250,000 would just happen within 10 years. That doesn't really fix the chart if you look at it--i found it abnormal though. I know it's weird but there should be a pattern before a $250,000 hit.

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September 04, 2019, 08:57:22 AM
 #31

I can't say what year it is and nobody can even tell what year it is too. A $250,000 is a bit huge price if you have to ask me and it might take for a while before we even witness that day. I can't imagine if someone who had a single Bitcoin on that day, he must be really really rich if he has to sell it.

Well, maybe we were too old during that day if we could ever witness that price because it's just too soon to tell it that $250,000 would just happen within 10 years. That doesn't really fix the chart if you look at it--i found it abnormal though. I know it's weird but there should be a pattern before a $250,000 hit.
There are just some questions that are just silly to ask and I Didn’t know if it does not sound silly to the creator of the post. How can you ask about the year that bitcoin will reach such amount as if there is a formula that people can use to know. To even predict what the price of bitcoin would be tomorrow is very difficult because of its high concentration of volatility not to talk more of when the price will exactly hit the target.

We can only describe how the future will look like and what we think may facilitate the adoption of bitcoin that will make the price reach such amount in future. No one is doubting that the value will reach that but to specifically say when it would reach is impossible, not even satoshi who created the coin too, all he knows Is future.

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September 04, 2019, 08:13:44 PM
 #32

i can't vote but probably more than 2022, maybe NEVER!   Kiss
Yeah same as you h think in 2022 price of bitcoin  will reach this high as time going on people are accepting the reality of crypto and they are investing high amount of their savings in it. Bitcoin has volatile nature so we only should buy at low and sell at high price but till then we will have to wait and hold almost till 2022.
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September 05, 2019, 07:11:28 AM
 #33

I'm also making a prediction, thinking it'll take till 2028. Surely it still needs one, two or even three block halving until such a price is possible, that's why my estimate is 2028.
It would be nice if this price is reached before, but whether it will really happen is hard to say.  Wink
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September 05, 2019, 12:48:26 PM
 #34

I'm also making a prediction, thinking it'll take till 2028. Surely it still needs one, two or even three block halving until such a price is possible, that's why my estimate is 2028.
It would be nice if this price is reached before, but whether it will really happen is hard to say.  Wink
it's probably about 9 years from now, and that's certainly possible. if the price of bitcoin can reach $ 250000 by 2028, I feel that the price of bitcoin should reach $ 100000 by 2023 or 2024. well, that's still a wild prediction that I made. however, I just feel that it takes quite a long time and also a positive trend to reach that price.

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September 05, 2019, 12:56:12 PM
 #35

It is hard to say what year bitcoin can reach that price as we don't have any right information, we don't know if in the next 2 years bitcoin will hit that price or not. Everything we say will be a prediction, and we still don't know if that will happen or not because bitcoin can increase to that price any time. But maybe my wild imagination will predict that the price will reach $250,000 in the next 2 years or less than 2 years, but I don't have any direction why I say that. It's only my imagination, and I know that it is hard to believe that and I think it is better to wait and see because that is what we can do right now.

If the price can hit until that number in less than 2 years, then we will be the richest people from cryptocurrency, and I am sure that in time, the public will see and they will compete to join in the bitcoin and cryptocurrency. But I cannot think about what will happen if bitcoin is at that price.
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September 05, 2019, 09:30:59 PM
 #36

This post from 2013 inspired me to make this poll.

https://bitcointalk.org/index.php?topic=328685.0

if next year the price ends at $35000

2021 finish at $55000

2022 finish at $75000

2023 finish at $100,000

2024 finish at $120,000

2025 finish at $160,000

2026 finish at $190,000

has a chance that after 2030 the price will reach $250,000

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September 05, 2019, 10:23:53 PM
 #37

250k is enormous. But my gut says 2021.

I see in the linked vote about @10k I voted 2017  Cool
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September 05, 2019, 10:32:24 PM
 #38

I can't really say when it's really gonna happen but i believe it'll take some time for it to happen. now that Bitcoin is trying to gain its ground in the 10,000s I believe another run and correction will eventually kead to us going into the 100,000s  So let's wait a while and see what the future holds.

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September 05, 2019, 11:02:00 PM
 #39

250k is enormous. But my gut says 2021.

I see in the linked vote about @10k I voted 2017  Cool
Wait, what? Isn't it too early to say that? If you consider the price today there's no way that bitcoin could reach that amount in such a short span of time. Maybe another decade would be needed in order to see a price of $250,000 in the future.

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September 06, 2019, 05:16:37 AM
 #40

I do not think that bitcoin will ever be able to reach a price of $ 250,000. There are many economic factors that will always hinder this. First of all, this applies even to ordinary supply and demand. First of all, the holders of bitcoin themselves will prevent this. If it begins to grow rapidly in price, many will want to fix their profits and will sell them. Therefore, the price will fall.
It is also necessary to take into account the psychological factor. From time to time, negative news will necessarily occur, and if at this time Bitcoin has a high price, a certain degree of panic will also arise. As soon as doubt arises, according to the domino principle, it will grow rapidly, because no one will want to lose such a lot of money. In this regard, the price will inevitably fall again. We do not live in an ideal society and this must always be remembered.
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