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Author Topic: Bitcoin valuation forecast for 2020-2060 from $10K to $100K: Is it reasonable?  (Read 292 times)
piebeyb
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January 26, 2020, 09:47:11 AM
 #21

if reaching $ 100k takes 20 to 40 years from now, I'm not sure this forum is still there, if the mods are still alive and will be replaced by our children who are gathered here to see this old thread, I don't imagine it seems like many bitcoin holders will throw it away now instead of waiting 20 or 40 years, for reasons maybe they don't want to give their children the bitcoin inheritance that they are saving now, it seems like it's hard and it doesn't make sense that in fact we can still get high prices in the near future don't have to wait too long that, I still keep it even before I die I will throw it into a ditch and won't sell it under $ 100k because it won't pay at all my struggle to introduce bitcoin in my country for 8 years  Grin

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alisonwonder
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January 26, 2020, 10:00:44 AM
 #22

if reaching $ 100k takes 20 to 40 years from now, I'm not sure this forum is still there, if the mods are still alive and will be replaced by our children who are gathered here to see this old thread, I don't imagine it seems like many bitcoin holders will throw it away now instead of waiting 20 or 40 years, for reasons maybe they don't want to give their children the bitcoin inheritance that they are saving now, it seems like it's hard and it doesn't make sense that in fact we can still get high prices in the near future don't have to wait too long that, I still keep it even before I die I will throw it into a ditch and won't sell it under $ 100k because it won't pay at all my struggle to introduce bitcoin in my country for 8 years  Grin
if say rationally indeed we will get older and never know what will happen at that time. bitcoin can increase rapidly as in 2017 where the beginning of the year bitcoin price at $900 then at the end of the year it can reach $20,000. so it's very possible halving this year will make a big surprise and set a new record I predict that $100k can actually come sooner, we'll see 2021 like your banner campaign Smiley

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magneto
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January 26, 2020, 11:07:39 AM
 #23

Possible? Absolutely.

We've seen how much BTC rallies throughout history especially during halving periods. The last bull run in 2017 basically left BTC more than 50x from its $200-400 lows to nearly $20k on most exchanges.

But is it likely, or even reasonable to expect? I don't think so. There is really no strong, unquestionable evidence or argument, or even analysis that can possibly prop it up. Even John McAfee has ditched his outrageous predictions. It is important sometimes to not extrapolate from past performance, since we exist under an entirely different set of market conditions now.
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January 26, 2020, 01:55:50 PM
 #24

if reaching $ 100k takes 20 to 40 years from now, I'm not sure this forum is still there, if the mods are still alive and will be replaced by our children who are gathered here to see this old thread, I don't imagine it seems like many bitcoin holders will throw it away now instead of waiting 20 or 40 years, for reasons maybe they don't want to give their children the bitcoin inheritance that they are saving now, it seems like it's hard and it doesn't make sense that in fact we can still get high prices in the near future don't have to wait too long that, I still keep it even before I die I will throw it into a ditch and won't sell it under $ 100k because it won't pay at all my struggle to introduce bitcoin in my country for 8 years  Grin
if say rationally indeed we will get older and never know what will happen at that time. bitcoin can increase rapidly as in 2017 where the beginning of the year bitcoin price at $900 then at the end of the year it can reach $20,000. so it's very possible halving this year will make a big surprise and set a new record I predict that $100k can actually come sooner, we'll see 2021 like your banner campaign Smiley
Bitcoin going x5 of it's price is very easy to achieve for me, Imagine it's from nothing and it pump into x1000 of it's original price. It's been pretty stable for 2years and I think this year will be the year that bitcoin is going to set-up a new all time high. Maybe the 100k$ milestone will be this year or next year, That is my speculation right now, so I am holding my bitcoin and other famous alts right now like ETH and XRP.

Bitcoin bullish signs is starting right now, so I think this is the best time to hold bitcoin and wait for the profit.

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piebeyb
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January 27, 2020, 06:23:17 AM
 #25

if reaching $ 100k takes 20 to 40 years from now, I'm not sure this forum is still there, if the mods are still alive and will be replaced by our children who are gathered here to see this old thread, I don't imagine it seems like many bitcoin holders will throw it away now instead of waiting 20 or 40 years, for reasons maybe they don't want to give their children the bitcoin inheritance that they are saving now, it seems like it's hard and it doesn't make sense that in fact we can still get high prices in the near future don't have to wait too long that, I still keep it even before I die I will throw it into a ditch and won't sell it under $ 100k because it won't pay at all my struggle to introduce bitcoin in my country for 8 years  Grin
if say rationally indeed we will get older and never know what will happen at that time. bitcoin can increase rapidly as in 2017 where the beginning of the year bitcoin price at $900 then at the end of the year it can reach $20,000. so it's very possible halving this year will make a big surprise and set a new record I predict that $100k can actually come sooner, we'll see 2021 like your banner campaign Smiley
yes no one knows about the price of bitcoin and everyone is free to speculate, but it seems rather unreasonable to touch the price of $ 100k takes 40 years, whereas we have almost touched $ 20k just a quick period of time, but whatever it is let's we'll see, the avatar that I use is only for giving suggestions to people, lol  Grin

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January 27, 2020, 09:14:59 AM
 #26

This is far beyond our imagination as we have no idea how future gen will react to crypto or we might have something similar to crypto which might replace the crypto market, as of now we would be better off speculation for few years rather than decades. Next ten year will define where the market will lead bitcoin and how what are the chances of bitcoin survival.

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January 27, 2020, 01:34:28 PM
 #27

40 years? This thread is very bearish.

Its like when the bear want to disguise himself as a bull to sell hopium and keep the cogs working.

If bitcoin dont go to 100k between 2021 and 2025, it will be at zero in 2060, replaced by another crypto-currency, probably one controlled by a international comitee.

Moving the StF curve ahead will not change this fact. The asset is highly speculated and manipulated by whales, who control its price like in a ponzi scheme. It needs to go up now, not in 200 years.
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