What year will Bitcoin reach $250,000?

[soxxx]

my wild guess in 2021.

in terms of fractals, the current chart looks like early 2016 to me. that suggests the next bubble top is 1.5-2 years away, and i think $250k is very possible in the next cycle.

I believe 2021 as well.

I just hope you guys are right. Waiting for the next bubble sucks

Sorry but I feel the hopes and speculations of many people are quite childish, agree that the value of bitcoin can pump quickly and surpass many calculated brains but somewhere, it always needs real limits and prices that bitcoin can reach. $20k or $25k is a number that  I and many people will have no objections, however, $250k is a huge number, it breaks all the rules and the limited calculations, the market and many big investors will not accept this price when it can create huge war on dumping.

It doesn't break any rule, $250,000 isn't an impossible number.

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[RealMalatesta]

250k is waaaaaay too further away to happen in 2021. I mean its still at least 2 years away so maybe you can say that 250k is away but 2021 is away as well but honestly 2 years is not as further away as 250k. Right now we are on a marketcap that is 180 billion or so (changes a few Bil time to time) in order to get to 250k that would mean around 4.5 TRILLION marketcap.

Now that may happen eventually and I am not saying it is impossible but from 180 billion marketcap to 4.5 trillion market cap is certainly something very very difficult to achieve. Not to include that if bitcoin goes that high I am pretty sure that would mean other altcoins would increase a bit as well, not like there will be 4.5 trillion dollar bitcoin and the next biggest will be like 5 billion. So for now we gotta wait for at least a decade if you ask me.

[Wilhelm]

my wild guess in 2021.

in terms of fractals, the current chart looks like early 2016 to me. that suggests the next bubble top is 1.5-2 years away, and i think $250k is very possible in the next cycle.

I believe 2021 as well.

I just hope you guys are right. Waiting for the next bubble sucks

Sorry but I feel the hopes and speculations of many people are quite childish, agree that the value of bitcoin can pump quickly and surpass many calculated brains but somewhere, it always needs real limits and prices that bitcoin can reach. $20k or $25k is a number that  I and many people will have no objections, however, $250k is a huge number, it breaks all the rules and the limited calculations, the market and many big investors will not accept this price when it can create huge war on dumping.

Ok perspective (rough numbers)

2010 - $0.08
2011 - $1.00
2012 - $260
2013 - $1200
2014 - $700
2015 - $500
2016 - $750
2017 - $19000

If you look at the jumps Bitcoin makes percentage wise then 500%-2000% is realistic for the next jump.
So that's $80k to $360k.... If we have a bad jump we will have $80k...
Also the halving basically guaranteed $38k....

$25k is unrealistically low and is highly unlikely. To me your math don't add up.

[Naida_BR]

my wild guess in 2021.

in terms of fractals, the current chart looks like early 2016 to me. that suggests the next bubble top is 1.5-2 years away, and i think $250k is very possible in the next cycle.

I believe 2021 as well.

Really? you expect such a rise coming true in 2 years?
This increase is just crazy... I don't think it will ever happen apart from the fact, a war happens and people start buying bitcoin in order to store the value of their money.

[Wilhelm]

my wild guess in 2021.

in terms of fractals, the current chart looks like early 2016 to me. that suggests the next bubble top is 1.5-2 years away, and i think $250k is very possible in the next cycle.

I believe 2021 as well.

Really? you expect such a rise coming true in 2 years?
This increase is just crazy... I don't think it will ever happen apart from the fact, a war happens and people start buying bitcoin in order to store the value of their money.

Your account date tells me you have never seen bitcoin pump.
Once raw greed gets unleashed, bitcoin turns into a global black friday sale, and it explodes.
The last pumps were unreal, however due to the increase of bitcoin, those pumps are a blip on the current chart.

[exstasie]

If you look at the jumps Bitcoin makes percentage wise then 500%-2000% is realistic for the next jump.
So that's $80k to $360k.... If we have a bad jump we will have $80k...
Also the halving basically guaranteed $38k....
$25k is unrealistically low and is highly unlikely. To me your math don't add up.

That's my opinion as well, but it all depends what theory of markets you cater to. Not everyone expects past performance to guarantee future results. In Elliott Wave theory, Wave 3 is usually the strongest, and Wave 5 tends towards certain fib extension levels. That's why xxxx123abcxxxx is only expecting $30K or so, or really anything beyond the 2017 high. He's been spot on with his last few calls, so maybe there's something to it.

[bkbirge]

2024 July 3rd 3:04pm central standard time when the first time traveler from the future comes back and tells everyone rocket ships run on bitcoin in the Age of Aquarius.

[The Cryptologist]

It will take a huge flippening on the government's part to make it happen. If they ever happen to give up on destroying bitcoin or to stop damaging its reputation early then then we can see $250k after a year it happens. But I don't think this war between the government and decentralization is going to end and will take more 4-5 years before so that is the only thing that stops us from seeing a 6-digit btc value.

[Wilhelm]

If you look at the jumps Bitcoin makes percentage wise then 500%-2000% is realistic for the next jump.
So that's $80k to $360k.... If we have a bad jump we will have $80k...
Also the halving basically guaranteed $38k....
$25k is unrealistically low and is highly unlikely. To me your math don't add up.

That's my opinion as well, but it all depends what theory of markets you cater to. Not everyone expects past performance to guarantee future results. In Elliott Wave theory, Wave 3 is usually the strongest, and Wave 5 tends towards certain fib extension levels. That's why xxxx123abcxxxx is only expecting $30K or so, or really anything beyond the 2017 high. He's been spot on with his last few calls, so maybe there's something to it.

I can follow the reasoning in this too. But $20k is just too low...

[BUK2016]

Did we even need to know the particular year that Bitcoin will reach $250,000 if it will ever reach such an amount in time to come? If you want safe your till when its value will reach such an amount then just be saving it because one cannot tell when exactly it will reach such an amount.

[pishite]

This post from 2013 inspired me to make this poll.

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

in 2030, unless banned.
Or another ideal currency will not come in its place.
Now it’s not clear what is happening with the course, as I understand it, many people still want to buy Bitcoin before raising the rate.

[SquallLeonhart]

Did we even need to know the particular year that Bitcoin will reach $250,000 if it will ever reach such an amount in time to come? If you want safe your till when its value will reach such an amount then just be saving it because one cannot tell when exactly it will reach such an amount.

The only time that many analyst has speculated that bitcoin will reach such amount is when the supply of bitcoin is at least 96 percent gone, by that time, bitcoin would have been getting so scarce and miners finding it too difficult to mine, while many people will be hoarding their coin, and by that time also, adoption rate would have been high and the usage of bitcoin would have been for utility purpose and not just the way we are holding it for investment alone.

We might be looking at the space of 10 years’ time before that can happen, and I hope that we will be patient to be able to see that happen, if many of us would not have even sold all our coin then by the time we see bitcoin reach $30000, because it would really take a strong believer of bitcoin to see that value.

[Wilhelm]

If you look at the jumps Bitcoin makes percentage wise then 500%-2000% is realistic for the next jump.
So that's $80k to $360k.... If we have a bad jump we will have $80k...
Also the halving basically guaranteed $38k....
$25k is unrealistically low and is highly unlikely. To me your math don't add up.

That's my opinion as well, but it all depends what theory of markets you cater to. Not everyone expects past performance to guarantee future results. In Elliott Wave theory, Wave 3 is usually the strongest, and Wave 5 tends towards certain fib extension levels. That's why xxxx123abcxxxx is only expecting $30K or so, or really anything beyond the 2017 high. He's been spot on with his last few calls, so maybe there's something to it.

I can follow the reasoning in this too. But $20k is just too low...

Without Altcoins, Bitcoin loses its liquidity. The Altcoin market separately must have a capitalization of at least 200 billion dollars. Then Bitcoin will be more than 20 000 dollars.

Without alt coins all money would flow into bitcoin IMHO. I do not see how alt coins affect bitcoin? Most altcoins follow bitcoin not the other way around.

[redsun114]

It is insane to think that the same jumps could happen when the price is this much, you guys have no idea how much is required to go from 100 dollars to 1000 dollars in price and 10000 dollars to 100000 dollars, there is a HUGE difference in money required to do that.

Yes, it has moved 200%+ before and it could definitely happen again but those 1000%+ increases are no longer feasible for us anymore, not because the price wouldn't want to go there but because buyers would have to spend tens of billions of dollars instead of just couple billion and sometimes not even that much.

For us to go from 10k to 20k there is 10+ billion dollars needed, now that is just x2 to 20k, considering you are saying 80k to 360k that is literally impossible to happen quickly, we need years for that to happen.

[andreibi]

I'm with Tim Draper on this one. He said $250,000 per BTC will happen in 2022. He was hedging his bets weeks ago by saying it could be around December 2022. And now just recently he said he believes $250,000 is actually a conservative estimate.

[soxxx]

I'm with Tim Draper on this one. He said $250,000 per BTC will happen in 2022. He was hedging his bets weeks ago by saying it could be around December 2022. And now just recently he said he believes $250,000 is actually a conservative estimate.

Tim draper also predicted in 2014, that Bitcoin would hit $10,000 in 2017, as we know now, he was correct.

Hopefully he is correct again.

[beerlover]

I'm with Tim Draper on this one. He said $250,000 per BTC will happen in 2022. He was hedging his bets weeks ago by saying it could be around December 2022. And now just recently he said he believes $250,000 is actually a conservative estimate.

Tim draper also predicted in 2014, that Bitcoin would hit $10,000 in 2017, as we know now, he was correct.

Hopefully he is correct again.

This time he may not be correct, just because he was right once doesn't mean he will be right at all his guess.

2022 is just too soon man, $250k is really high number and people are not realizing that a 10% increase in $10k to $11k is not same as $200k going to $220k, we are talking about billions of dollars of money going straight from someones bank account to some exchanges to purchase bitcoin, that is not gonna happen that easily, surely when we become more global and all rich all around the world start to buy bitcoin like crazy we may end up seeing something like that but do you really think that in 3 years there will be billionaires all around to world trying to get more bitcoins? Or MILLIONS of people putting up hundreds of dollars everyday?

I doubt that is gonna happen in 3 years, it will probably take longer.

[Wilhelm]

I'm with Tim Draper on this one. He said $250,000 per BTC will happen in 2022. He was hedging his bets weeks ago by saying it could be around December 2022. And now just recently he said he believes $250,000 is actually a conservative estimate.

Tim draper also predicted in 2014, that Bitcoin would hit $10,000 in 2017, as we know now, he was correct.

Hopefully he is correct again.

This time he may not be correct, just because he was right once doesn't mean he will be right at all his guess.

2022 is just too soon man, $250k is really high number and people are not realizing that a 10% increase in $10k to $11k is not same as $200k going to $220k, we are talking about billions of dollars of money going straight from someones bank account to some exchanges to purchase bitcoin, that is not gonna happen that easily, surely when we become more global and all rich all around the world start to buy bitcoin like crazy we may end up seeing something like that but do you really think that in 3 years there will be billionaires all around to world trying to get more bitcoins? Or MILLIONS of people putting up hundreds of dollars everyday?

I doubt that is gonna happen in 3 years, it will probably take longer.

Marketcap calculations again 

$250k is not big and the price can go up out of scarsity alone (which is built in to bitcoin). If everyone hodls you will need to pay high enough for someone to say "OK here you go". That could make bitcoin theoretically go up to $1M without any transactions or money put in.

Then you have the greed of the masses and they will put in shitloads of money (and get burnt).

[bkbirge]

If everyone hodls you will need to pay high enough for someone to say "OK here you go". That could make bitcoin theoretically go up to $1M without any transactions or money put in.

That would be so awesome, but I think we'll need to go through a LOT of churning before btc is held by enough strong hands of that caliber.

[Bitcoininvestment]

Maybe it will hit the price of $250,000 or more in next couple of years. And, I can't say any exact years cause it is so unpredictable and the value of bitcoin are still too far in the price of $250,000. But, for now keep on earning bitcoin and let see if bitcoin will truly hit that price.