Bitcoin could reach $100,000 in 2020: Ross Ulbricht

[Kersh768]

Ross Ulbricht, the originator of the dark web marketplace Silk Road, has anticipated that Bitcoin could reach $100,000 in 2020.

Ross Ulbricht is an American convict who created and ran the darknet marketplace Silk Road from 2011 to his capture in 2013. In February 2015, he was indicted for tax evasion, PC hacking, selling in bogus personality reports, and endeavoring to exchange drugs by means of the web.

Source: TheCoinRepublic

It can be possible in any time around that Bitcoin will reach a desirable price specially now that the news have come out of the upcoming Bitcoin halving that will nearly happen in the year of 2020. We all do expect for sure that once the event have been done, it will take an after effect that may trigger the price to rise up. Seeing it as of the moment, the price to rise up to reach that price of $100,000 is impossible to happen but we can never tell because the last bull run that happen way back 2017, shows us a real large price hike from $9,000 in the midyear of the same year but all of a sudden rises the price to the peak recorded price of $20,000 by the late month of the year despite of the issue of China's pulling out of cryptocurrency engagement. Let's just see what will happen and do hope for the best to come in the year 2020 if the prediction might happen, if not, at least a price hike to happen even at the base of $20,000 will be good at all even not reaching the price prediction of $100,000 as expected.

[johnwest]

Lots of speculations are near as we are nearing 2020. Many big names are trying to make a prediction so that they can get into the lime light of community. There is no real strong argument. We may see that price in 2020 with halving coming near.

[msarro]

2020 is just few hours away and we are thinking that bitcoin can reach $10,000 from here or go down to $5000. 5000 seems more achievable. $100,000 in my view is just a bullsh*t prediction,  lets not believe in predictions made by a criminal Ross Ulbricht.

[longyenthanh]

I suggest there must be some penalty for the one who is predicting bitcoin price. In case the prediction went wrong, the one who is predicting the price must pay that penalty. I am sure we will have less number of such predictions. enough with these predictions

[FLHippy]

Everyone is dreaming about 100 000USD and more. But reaching such highs could be pretty difficult. We need approved ETFs, regulations and crypto-friendly countries and not bans from China and India.  

[Stargazer]

I never dreamed of Bitcoin at 100K USD yet, but they are seeing Bitcoin at 100K USD in 2020! I don't know their motive! Is he mocking the Bitcoin price? Because these predictions are total bullshit! You can stand many opinions to say Bitcoin can hit 100K USD, yes, it can, but it is not possible this year!

[magisterr]

Everyone is dreaming about 100 000USD and more. But reaching such highs could be pretty difficult. We need approved ETFs, regulations and crypto-friendly countries and not bans from China and India.  

Why not? During last halving and bullrun BTC has been moving from 200$ to 20k$. Now BTC 7k and the bottom was 3k. So its possible even 300k per BTC I think on next bullrun. But may be in 2021. And around 50-100k in 2020

[Sirait]

Ross Ulbricht, the originator of the dark web marketplace Silk Road, has anticipated that Bitcoin could reach $100,000 in 2020.

Ross Ulbricht is an American convict who created and ran the darknet marketplace Silk Road from 2011 to his capture in 2013. In February 2015, he was indicted for tax evasion, PC hacking, selling in bogus personality reports, and endeavoring to exchange drugs by means of the web.

Source: TheCoinRepublic

I'm not affected by what he said, Bitcoin $ 100k in 2020 sounds like bullshit. I don't believe Bitcoin will be priced at $ 100k in 2020, I'm sure Bitcoin will be priced $ 100k/coin above the year 2021

[posi]

Ross Ulbricht, the originator of the dark web marketplace Silk Road, has anticipated that Bitcoin could reach $100,000 in 2020.

Ross Ulbricht is an American convict who created and ran the darknet marketplace Silk Road from 2011 to his capture in 2013. In February 2015, he was indicted for tax evasion, PC hacking, selling in bogus personality reports, and endeavoring to exchange drugs by means of the web.

Source: TheCoinRepublic

I'm not affected by what he said, Bitcoin $ 100k in 2020 sounds like bullshit. I don't believe Bitcoin will be priced at $ 100k in 2020, I'm sure Bitcoin will be priced $ 100k/coin above the year 2021

You might be right and so is Ross because none of us know the actual price of what bitcoin new ATH will clinch. However, i believe Ross prediction was done mathematical not on the crypto market stance but if bitcoin does reach the $100K price, it dump and correction will be bloody.

[o48o]

Why not? During last halving and bullrun BTC has been moving from 200$ to 20k$. Now BTC 7k and the bottom was 3k. So its possible even 300k per BTC I think on next bullrun. But may be in 2021. And around 50-100k in 2020

It takes a lot more money to gain such a high marketcap, the lower the marketcap is, easier it is to move it. It isn't impossible but it just takes a lot of trust from investors.

[jacafbiz]

Bitcoin can reach $100,000, if indeed it prove to be a hedge in the coming financial crisis, but the question his we have not seen BTC performance in a bear economy. Another thing to consider is the effect of regulation on Bitcoin, we have seen how Bitcoin performs in the wild, now so many products around it, we would like to see how it is going to perform

[cryptothreads]

Bitcoin can reach $100,000, if indeed it prove to be a hedge in the coming financial crisis, but the question his we have not seen BTC performance in a bear economy. Another thing to consider is the effect of regulation on Bitcoin, we have seen how Bitcoin performs in the wild, now so many products around it, we would like to see how it is going to perform

It is still too early to talk about this because I am sure this year will still be a normal year and will not have many highlights. I think the bear market will continue for a few more years and there will be very few opportunities for people to make money in this market by 2020.

However, if you are knowledgeable and have many investment plans then you will know how to use Bitcoin for each different period.

[LogitechMouse]

Anybody can share their predictions if they want too. Any Bitcoin Evangelists or experts can predict whenever they want.

Many have created their own predictions already but nothing seems to be right now. Maybe he said that statement because Bitcoin halving is fast approaching. I can share too that Bitcoin will just reach its past ATH last 2017. Many will be against me because I'm not bullish but I don't care . Anybody can predict whenever they want too .

[samuraijin]

it might make more sense to predict $ 100k by the end of 2020 and certainly easier to achieve than the 1 million dollar predictions coming from this guy John Mcafee, last year we almost went to touch $ 14k and maybe it would be very easy to bring us to $ 100 k at the end of 2020, but this is only an anticipation not a speculation or prediction from Ross Ulbricht, so take the positive from this person that is buying bitcoin from now on

[royalfestus]

following the credible predictions in the news and social media, I dont see any of them attach year to the $100k bitcoin bullrun value. $100k is the likely price for bitcoin coming early in 2020, wont give the cycle a proper accomplishment. looking at the trend for years beyond last bullrun, we might need more years or months for the delivery. It might not be the end of a year as expected and not in 2020 as well. Manage your expectation so you wont leave too early with little profit, look also at the space total marketcap, this could help one's decision.

[pealr12]

Many personalities had thier speculation and prediction about the price bitcoin but no one gave the most accurate , cause most of thier prediction on the price of.bitcoin is above $100k., its already 2020 and bitcoin could not even break 8k how come it will lead to 100k.

[dishku]

it might make more sense to predict $ 100k by the end of 2020 and certainly easier to achieve than the 1 million dollar predictions coming from this guy John Mcafee, last year we almost went to touch $ 14k and maybe it would be very easy to bring us to $ 100 k at the end of 2020, but this is only an anticipation not a speculation or prediction from Ross Ulbricht, so take the positive from this person that is buying bitcoin from now on

I also will would like to do agree with you. Ross Ulbricht is a serious person who have worthy knowledge about this ecosystem and how it works and which factors could determine the future value. I also feel current year will be more interesting for the growth and adoption.

[iram3130]

Sometimes I feel these predictions will bring more bad luck to the community rather than a news for normal people who dont know crypto yet. As the bitcoin halving is coming near we may see good volumes into the market and upward trend soon.

[slaman29]

To be honest, if BTC becomes $100k this year I will be rather sad with myself, since I doubt I will be able to get my 1 BTC dream target. I am probably close to meeting my own long-time target of 0.5 BTC, but that would still be end of 2020. So maybe it happens, who knows? But that will be very difficult to grow, since it's tough enough to maintain a constant savings but anyway, having $50k worth of Bitcoin this year would be incredible for me!

[poodle63]

Everyone is dreaming about 100 000USD and more. But reaching such highs could be pretty difficult. We need approved ETFs, regulations and crypto-friendly countries and not bans from China and India.  

that needs even a decade to reach that rate as why more people are still creating non sense prediction about the price of bitcoin. But i will hope that to happen in the future and i can see my credits coin will worth a lot of Money.
As long as they are feeling optimistic about bitcoin and what ever how much non sense rate that has already created by them and it's all good to be real