Bitcoin $400,000 (?)

[LouVandetta]

Here we go again, so many speculations about bitcoin price that's very high. We are far from thus price, to be honest.
Despite for anything's possible and can happen isn't that too high? But we never know the market. Since it's very unpredictable, it could be sooner or so much later.
But really, $400k is amazing so to speak.

*me grabs popcorn and waits for $400k BTC*

Eat popcorn a little longer and you might not see the price of bitcoin at $400k simply because it will take more years before it happen. Speculation are too exaggerated without any concrete evidence, for now we need to break the wall so we can see bull run or else this $400k will take decades before it hit.   

We'll need more popcorn here, lots of them.

[longyenthanh]

Another optimist on the market. It's good that there are such signals, that is, positive feedback, but realistically speaking, growth is possible, but not so large. The next bubble should be bigger, but I don't think it exceeds $80k- $100k

PS. McAfee will lose his sausage.. 

[wajik-tempe]

From 10/27/18
Rodney Stevens, a former analyst and investment and merchant banker, discusses the relationship between Bitcoin and gold and how he has derived Bitcoin's value.
https://www.streetwisereports.com/article/2018/10/27/bitcoin-to-400-000-for-the-skeptics-and-the-birth-of-blockchain.html

There are so many people prediction exist since last big bull run in 2017, some people said it will go 50k, 100k, 500k, one mil. But no of those prediction hasba realization yet. I think cryptocurrency price is too hard to predict because sometimes when people predict the price so high, what will happened is the opposite. So we have to ready with any market condition

[Darooghe]

I think $400K is not outside of the realm of possibility. there are several reasons for this assumption. we live in a digital world that every day moves further in the direction of digitalization. another problem that can be solved with cryptocurrencies is the lack of trust. The Millennials and a new generation will probably choose bitcoin for the investment rather than gold because bitcoin is easier to transfer and store. In addition, bitcoin has limited supply.

So the price of each coin will only increase in the future. Cryptocurrencies enter our lives and have already influenced the world, and they are definitely not a bubble. Bitcoin has experienced many crashes, and every time it recovered. the volatility of 80% or 90% is normal for the crypto market, and the fluctuations work in both directions. thus, bitcoin can easily hit $400,000, but the question is when.

[carter34]

So many things have to happen before the price of bitcoin go that high. First adoption rate would increase like say 60% of world population to be using it. This is going to be with some regulation.
This is a digital age and the time or when it will happen just depends on adoption .

[bitzizzix]

Speculation or predictions from unknown or famous people who tend to believe their predictions and all say bitcoin will soon rise to the highest price with each different nominal.
although it's hard to believe because we see the reality now and they see in the future or in the months to come according to their predictions, so, there's no harm in us trusting them because it will be motivation and enthusiasm that makes us not care about current prices and think prices in the future or the next few months will be much better.

[Wilhelm]

Here we go again, so many speculations about bitcoin price that's very high. We are far from thus price, to be honest.
Despite for anything's possible and can happen isn't that too high? But we never know the market. Since it's very unpredictable, it could be sooner or so much later.
But really, $400k is amazing so to speak.

*me grabs popcorn and waits for $400k BTC*

Eat popcorn a little longer and you might not see the price of bitcoin at $400k simply because it will take more years before it happen. Speculation are too exaggerated without any concrete evidence, for now we need to break the wall so we can see bull run or else this $400k will take decades before it hit.  

We'll need more popcorn here, lots of them.

I love it when people panic before the halving. But to be honest waiting for $400k will probably take you through another bear period so you will need to wait another 4 to 6 years.
So yes we need a lot more popcorn...  

Anyhow ..... Keep calm and prepare for post-halvening

The thread does spark optimism 

[Fredomago]

So many things have to happen before the price of bitcoin go that high. First adoption rate would increase like say 60% of world population to be using it. This is going to be with some regulation.
This is a digital age and the time or when it will happen just depends on adoption .

It will create big  impact if more adoptions will happened and more people will be interested to buy and use this system. We know that there's still small percentage of people who believes and understand the concept of bitcoin even there's analysts and known people from social society who already shown interest, it's still needs to have more influence to convince other people to use and adopt this payment system.

[Hamphser]

Amazingly people Keep speculating high prices about Bitcoin, yes there’s a chance that it will reach that amount but why can’t we just stick to realistic value at the moment. Now that Bitcoin is struggling to break its ATH record I think we should leave it to market and see how long we should wait.

Probably a person like the author has invested huge amount in cryptocurrency. His speculations may drag people's attention and possibly make other retail investors believe his statements. Nevertheless, he's just another random investor in crypto space like us, he's just using a relevant title on his name to make it more believable.

That $400,000 Bitcoin value is not impossible, but It's not realistic in this current market situation either.

Yea, everyone really starts to become an expert when it comes to speculation and that $400,000 guess will not happen yet but soon when bitcoin start another halving again in the next four years. The price was just unrealistic even in next year new ATH, he might have to decrease it a little bit that kind of reasonable price.

[boltz]

Oh look another expert trying to predict Bitcoin price...why should we trust him when we already know that Bitcoin is made to grow every year in price so eventually 400k$/btc can be achieved in 10 years or so. Until then lets see how 14 November will affect the markets as last year it was a FULL RED CANDLE spreading blood across the markets causing panic sell and and then FOMO followed by a next drop in price and a big fud towards Bitcoin and I'm hoping this time it will be with a HUGE GREEN CANDLE <3.

[goaldigger]

From 10/27/18
Rodney Stevens, a former analyst and investment and merchant banker, discusses the relationship between Bitcoin and gold and how he has derived Bitcoin's value.
https://www.streetwisereports.com/article/2018/10/27/bitcoin-to-400-000-for-the-skeptics-and-the-birth-of-blockchain.html

A merchant banker before? Well, its a good prediction but we can’t say that its an expert prediction and a huge one. $400k is far from reality right now and we should not focus on that. We have to work on the adoption of bitcoin for us to achieve this price however if the volatility gets high it will take longer to reach the peak again.

[owengtam09]

I dont know if that would really happen in the future, $400,000 is too high for bitcoin to reach although there is always a possibility for that but as of now it is too early for us to say that bitcoin will reach $400,000. $20,000 is already hard for bitcoin to reach so lets not expect too much.

[Inkdatar]

I dont know if that would really happen in the future, $400,000 is too high for bitcoin to reach although there is always a possibility for that but as of now it is too early for us to say that bitcoin will reach $400,000. $20,000 is already hard for bitcoin to reach so lets not expect too much.

Many prediction burst about bitcoin and everyone has their own judgement if the price could go reach $400k. Indeed as most everyone says it is early to judge if what price of btc could reach so far. One thing we knew if more adoption could happen in the future btc could soar high to the point that we're not expected it.

[Theb]

Rather, we believe the price of Bitcoin will take another bite out of the value of all the money in the world.

I don't believe in what he is saying about how Bitcoin will take some value away from our own fiat currency. Even if the interest or demand grows to Bitcoin I don't think it will have any kind of direct impact on our money since the ones that are really affecting the value of our fiat currency is our own economy and to anything that affects it. Cryptocurrencies also doesn't affect the demand or supply of fiat currencies since their prices are also based within it, once they devalue fiat currency what they are doing is they are also devaluing themselves making it not ideal for cryptocurrencies to be bought.

[Best Dreams]

I think $400K is not outside of the realm of possibility. there are several reasons for this assumption. we live in a digital world that every day moves further in the direction of digitalization. another problem that can be solved with cryptocurrencies is the lack of trust. The Millennials and a new generation will probably choose bitcoin for the investment rather than gold because bitcoin is easier to transfer and store. In addition, bitcoin has limited supply.

So the price of each coin will only increase in the future. Cryptocurrencies enter our lives and have already influenced the world, and they are definitely not a bubble. Bitcoin has experienced many crashes, and every time it recovered. the volatility of 80% or 90% is normal for the crypto market, and the fluctuations work in both directions. thus, bitcoin can easily hit $400,000, but the question is when.

Yeah though no one actually knows when the price is going to be high and when it going to be low but the market remains so fluctuating that’s why no one actually knows the coming price would be that high or not. In 2017 the price was so high and it was higher because of a number of investors. So I guess the price will be high but not so this much Maybe it will take more than 5 years for it.

[Wysi]

I think $400K is not outside of the realm of possibility. there are several reasons for this assumption. we live in a digital world that every day moves further in the direction of digitalization. another problem that can be solved with cryptocurrencies is the lack of trust. The Millennials and a new generation will probably choose bitcoin for the investment rather than gold because bitcoin is easier to transfer and store. In addition, bitcoin has limited supply.

So the price of each coin will only increase in the future. Cryptocurrencies enter our lives and have already influenced the world, and they are definitely not a bubble. Bitcoin has experienced many crashes, and every time it recovered. the volatility of 80% or 90% is normal for the crypto market, and the fluctuations work in both directions. thus, bitcoin can easily hit $400,000, but the question is when.

Yeah though no one actually knows when the price is going to be high and when it going to be low but the market remains so fluctuating that’s why no one actually knows the coming price would be that high or not. In 2017 the price was so high and it was higher because of a number of investors. So I guess the price will be high but not so this much Maybe it will take more than 5 years for it.

No one can predict anything now because whales are pretty active in market and doing occasional pump and dump of small value rather than huge fluctuations like they used to do in the past, whenever the crowd in this forum comes a conclusion like it will be a pump or dump then whales play exactly opposite to it to pool in more money. Price fluctuations are no longer created by world affair but rather whales decides it.

[aysg76]

From 10/27/18
Rodney Stevens, a former analyst and investment and merchant banker, discusses the relationship between Bitcoin and gold and how he has derived Bitcoin's value.
https://www.streetwisereports.com/article/2018/10/27/bitcoin-to-400-000-for-the-skeptics-and-the-birth-of-blockchain.html

Seriously speaking btc prices have came long way from starting and reached $20k in 2017 but now they stands at almost $9k but its not easy to reach such level of prices.
The next year halving can lead prices surge to $15-$20k again and in future the prices will reach $45000 above with increased adoption and technical issues being solved like speed,fees and technology.So its long way before we reach that level inspite btc being volatile and anything can happen in this market.So we need to ignore such speculation by people who call them experts and wait for the right moment to come and gain profits.

[shoreno]

bitcoin and gold dont really have a relation if i were to ask because both of them are different  . one is digital and the other one can only be found offline or have its own physical form  .  people tend to believe more on gold than in btc because they can see and hold it but anyways , his prediction was last month and few weeks have passed from now but btc is still down  and december is also comming so i dont think that btc can reach that said amount which was 400k usd  . maybe next year tho that is more possible .

[wxa7115]

Oh look another expert trying to predict Bitcoin price...why should we trust him when we already know that Bitcoin is made to grow every year in price so eventually 400k$/btc can be achieved in 10 years or so. Until then lets see how 14 November will affect the markets as last year it was a FULL RED CANDLE spreading blood across the markets causing panic sell and and then FOMO followed by a next drop in price and a big fud towards Bitcoin and I'm hoping this time it will be with a HUGE GREEN CANDLE <3.

Predictions like the one we see in this thread are useless, we could use all kind of ways to try to guess the future price of bitcoin but the only thing all of those predictions tell is that bitcoin will become extremely valuable in the future, and we did not needed to be market experts to know that, bitcoin is like no other asset in the world and it will become more valuable as time passes.

The prediction in which I will be interested is if someone could actually tell when that will happen but I know that is impossible to tell since the value of bitcoin will depend on whether adopting through the world happens or not and that depends on too many factors.

[Wexlike]

bitcoin and gold dont really have a relation if i were to ask because both of them are different  . one is digital and the other one can only be found offline or have its own physical form  .  people tend to believe more on gold than in btc because they can see and hold it but anyways , his prediction was last month and few weeks have passed from now but btc is still down  and december is also comming so i dont think that btc can reach that said amount which was 400k usd  . maybe next year tho that is more possible .

Uhm well the relation between Gold and Bitcoin is quite obvious ? But I was very shocked when I started of thinking to buy some gold coins or something similar and how difficult it is for an amateur to differentiate between true gold coins and possible fake versions of it. Whereby I know exactly that the Bitcoins are genuine.