Interesting fact: When Bitcoin reaches $100 000...

[Lucius]

The numbers are one thing, but the reality is something else, so it should be borne in mind that the stable price of $100k for one BTC will not be seen soon, which does not mean that it will not happen in the next 5 years. But one has to wonder when investors will decide to invest in BTC and not in other markets, which, if we're being honest, are still a lot more attractive and secure than Bitcoin.

When it hit $20k, btc couldn't cope with the number of speculators buying and selling.
Since then its been in slow decline.
It's now being hyped by people trying to get new suckers to buy what is left from mining operations.

What is left from mining operations? So you think the mining is over or people are buying/selling only from miners? At this time there is only 1800 BTC created daily as mining rewards, and by cmc data daily volume is 4.660.207 BTC worth  $45.331.981.683.

No one is forcing anyone to buy or sell BTC, if someone is as you say "sucker", then it is sucker in all segments of life.

[LogitechMouse]

It could reach $100,000 in a few hours tomorrow. All it needs is a lack of sellers and a surfeit of buyers. Even if flashy figures like that are reached they don't mean all much until the markets are much deeper, broader and more accessible.

I wish that this could become a reality .
A reality where all of the investors right now will be buyers and will buy Bitcoin at once all over the world.

...total Cryptocurrency market capitalization will be at least $2 Trillion.
Many analysts and traders suggest that $100 000 is not a question of IF, it's a question of WHEN.

There are many factors that will affect the total market cap of "Bitcoin" (and not the total market capitalization).
Adoption will be one and the doubters is also one. We know that many are doubting when it comes to Bitcoin and that interconnects with the adoption because if there are many doubters, adoption will be slower because only few wants to use Bitcoin.

I know that these so-called "analysts" are saying that it is only a question of "WHEN" but they must see the other factors that can help the price to rise up to $100,000.

[FanatMonet]

If it ever gets there I'll be very interested to see how it compares in market depth versus those markets nominated. My feeling is that it'll still be pitiful.

It could reach $100,000 in a few hours tomorrow. All it needs is a lack of sellers and a surfeit of buyers. Even if flashy figures like that are reached they don't mean all much until the markets are much deeper, broader and more accessible.

Honestly, in such a situation on the market, any product will grow absolutely, be it Bitcoin, some altcoin, or even something from the real sector of the economy.
Here another problem arises, namely the soap bubble, when everyone buys and buys in the hope of profit, but it cannot go on like this forever, and ultimately it can be very bad. Best of all is systematic growth.

[Qcrypto]

If it ever gets there I'll be very interested to see how it compares in market depth versus those markets nominated. My feeling is that it'll still be pitiful.

It could reach $100,000 in a few hours tomorrow. All it needs is a lack of sellers and a surfeit of buyers. Even if flashy figures like that are reached they don't mean all much until the markets are much deeper, broader and more accessible.

Honestly, in such a situation on the market, any product will grow absolutely, be it Bitcoin, some altcoin, or even something from the real sector of the economy.
Here another problem arises, namely the soap bubble, when everyone buys and buys in the hope of profit, but it cannot go on like this forever, and ultimately it can be very bad. Best of all is systematic growth.

According to statistics back in 2018, only 0,5% of world population were in blockchain/cryptocurrency. Half of the world population does not have access to internet and digital media.

Which means the 50% of the world does.

That would make the total users/adopters close to 1%, technically.
This still leaves a window of opportunity at 49% of market potential or even more, depending how much more users gain access to internet and digital media in the future.

On paper, there is a HUGE untapped potential for mass adoption, but not everyone from those 49% will be interested in blockchain/cryptocurrency, logically.
But there are some who eventually will.

[Reatim]

Cryptocurrency market almost reached a trillion dollars market capitalization last 2017 and i think it is not long to reached that again so basically we will be entering the Group of trillion$ Club?

Very interesting opinion from the experts that they change the word "if" to "when" which is probably this will be happend soon and it's only a matter of time and market cap achievement also very high when bitcoin reach to $100000 and also the gapped between forex market cap also will nearest but i was wondering when this will happend

either to happen soon or in few years what is important for me is we are heading towards this and we must be proud because in just 10 years we have touched this high market Capital,while those listed trillion club has been here for how many decades.

[kryptqnick]

If it ever gets there I'll be very interested to see how it compares in market depth versus those markets nominated. My feeling is that it'll still be pitiful.

It could reach $100,000 in a few hours tomorrow. All it needs is a lack of sellers and a surfeit of buyers. Even if flashy figures like that are reached they don't mean all much until the markets are much deeper, broader and more accessible.

If Bitcoin is worth $100k tomorrow, then at least its market capitalization won't be pitiful. Well, it would join the trillion club, at least. I don't think it matters much, though, and here I agree with you. Many people have no idea that there's this currency one coin of which is worth $10k, so if it's $100k more people might care but I don't think that it would be a game-changer. Moreover, I don't think it's right to compare Bitcoin with stock or with the evaluation some companies have because Bitcoin is neither of these things. It seems reasonable to me to compare it with payment methods, but in this area, Bitcoin is very far behind the leaders. Or perhaps comparing it with fiat currencies would make more sense, I am not sure.

[pixie85]

Here's another interesting fact for you. USD is inflating and BTC is deflating. 100 years ago people were earning $5 a day, now they're earning $50 and they can't even buy same quality products their grandparents were paying $5 for.

If the question is when maybe by the time it happens 100 thousand dollars will be the value of a cheap new car or a motorcycle, like 10 thousand is now.

[The Sceptical Chymist]

Many analysts and traders suggest that $100 000 is not a question of IF, it's a question of WHEN.

I agree with this, though I'm far from certain whether it's going to happen.  I have a feeling bitcoin will get to $100k, but it might be a while.  Still, it's "only" a 10x gain from where it's at now, and I've seen that sort of growth since I've been into crypto.

...total Cryptocurrency market capitalization will be at least $2 Trillion.

That I don't know about.  Bitcoin's market cap would be $210 billion (assuming all 21 million coins were in circulation), but who knows what the rest of the altcoin market would do.  If bitcoin were to hit $100k at a time when people have figured out that most altcoins are useless, there might only be a few left in existence.  But that estimate might be right.  It'll be interesting to see how long it takes for that 10x gain--and I'm more immediately interested in where bitcoin's going to head this year.  It's off to a great start so far, but there's a lot of time left in 2020.

[isaac_clarke22]

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True. Can't count the trashcoins in the value. That question that OP indicated struck me for a moment. Seems like we're just bouncing back and forth through 7k - 10k , so I personally agree with the questions of "when", especially we're getting a lot of adoption these days already and I wouldn't be surprised if we're gonna get back on our feet to 20k being the solid support to 50k. It won't be happening for like a decade but let's just what happens if surges would happen soon.

[livingfree]

Professional investors and traders still says that it's young and there's a long way to go to be recognized by most people in the world.

That's true. Bitcoin has had quite an easy ride thus far with how the stock market went on a parabolic ride similar to Bitcoin's parabolic ride (obviously not percentage wise).

I am really curious to see how Bitcoin's 'safe haven' narrative holds whenever we see the US stock market takes a massive multi year dump. I'm afraid that it will also drive Bitcoin down because it's treated as a very risky and speculative investment asset, which in general, is sold off the first whenever markets start to turn bearish.

I am not going to hold a bag of coins in that situation and will unload a chunk to buy back lower when most of the hot air has escaped. It's better to think rationally whenever that happens because it sucks sitting out 80ish % corrections. No matter how much I like Bitcoin, it just sucks because you could have bought many more coins back lower.

I have never think of that to load off if the market suddenly drops. But you have given me an idea that it's a counter mechanism if ever the market didn't do pretty well in the near future which I'm double sided and doubting that it will come soon.

It will be a long ride for bitcoin to reach the price of $100k but it's going to make history if ever it will be reaching that price, and I think it will be classified as the best performing speculative asset of the century.

[bearexin]

It’s going to happen for sure and as you have said, its just a matter of when its going to be, because nobody knows when its going to be. The way I see it, before bitcoin reaches that level of $100,000 and the cryptocurrency market cap of around $2 trillion, its probably going to be for a very long time. And when it happens a lot of people are going to start trusting cryptocurrency since it has reached a level where it has been able to stand the test of time and still stood firm.

Right now, there are lots of people who think that cryptocurrency is not genuine and they are trying as much as possible to avoid it.

[bgaf]

Here's another interesting fact for you. USD is inflating and BTC is deflating. 100 years ago people were earning $5 a day, now they're earning $50 and they can't even buy same quality products their grandparents were paying $5 for.

Its safe to say that you are right however youre mistaken by the facts that inflation will continue to rise in the future. BTC deflating? Why? The example is pretty bias and turn into USD. I think most will not agree with this.

Reaching that amount for btc could change a lot in the econimic growth of different country and as well as yours.

I have a feeling bitcoin will get to $100k, but it might be a while.  Still, it's "only" a 10x gain from where it's at now, and I've seen that sort of growth since I've been into crypto.

Last 2017 right more or less? Btc price is expounding in terms of value but the sad fact about its volatility makes investor bleed out when bear season arrives also for those fomo guys who are buying when halving and hype of btc reaching ATH is near.

[SophieMil996]

...total Cryptocurrency market capitalization will be at least $2 Trillion.
Many analysts and traders suggest that $100 000 is not a question of IF, it's a question of WHEN.

This means the cryptocurrency market will join the Trillion Dollar club and that is not a small thing.

Stock Market cap: $78 Trillion
Bond market cap: over $100 trillion
Real Estate market cap: $33.3 trillion
Commodities Market cap: $20 trillion
Forex Market cap: $5.1 trillion

This will very likely propel Cryptocurrency to wider adoption.
World will get another Trading Asset along with Stocks, Bonds, Real Estate, Forex, Commodities and such.

4.Probably 3/4 of all bitcoin users HODL their BTC.If there's a big price pump,they will simply start selling their BTC,thus the price will go down.

Wasn’t that even more true when BTC did worth $1,000? But it reached $10,000 anyway….
I think users that HODL are very likely to buy more BTC in near future, and newcomers potential is higher due to larger mainstream  awareness.

[Moshaid]

In as much as I believe in the power of bitcoin, bitcoin reaching 100k$ is something have always been pessimistic about. The growth of bitcoin will emerge it's current ATH price but hitting 100k$ is clearly unrealistic based on my opinion. Although have seen several analysts made videos, post about what will become of bitcoin in the future but I will rather choose bitcoin being a globally recognized and accepted currency than an unrealistic price speculation.

[Artemis3]

...total Cryptocurrency market capitalization will be at least $2 Trillion.
Many analysts and traders suggest that $100 000 is not a question of IF, it's a question of WHEN.

This means the cryptocurrency market will join the Trillion Dollar club and that is not a small thing.

Stock Market cap: $78 Trillion
Bond market cap: over $100 trillion
Real Estate market cap: $33.3 trillion
Commodities Market cap: $20 trillion
Forex Market cap: $5.1 trillion

This will very likely propel Cryptocurrency to wider adoption.
World will get another Trading Asset along with Stocks, Bonds, Real Estate, Forex, Commodities and such.

Hmm 10% after 11 years, only 90% to go. Do you know that price increase will take longer as time passes? (maturity). Sure it might eventually get there, but i wouldn't hold my breath.

So to answer your question of "WHEN", my answer is: a ten fold price increase has to take longer than the previous ten fold price increase. And pay close attention how long it took for the previous one and the previous to that, the closer you get to the beginning the faster it is.

Check the time it took to go from: 1 to 10, 10 to 100, 100 to 1000, 1000 to 10000, now 10000 to 100000...

You will notice a pattern, its a logarithmic curve. This curve exists elsewhere, in historical price of certain things, such as gold....

The late investors always earn less, that's the other side of the coin. Less risk (record proven) but also less gain (everyone is already in).

[shoreno]

In as much as I believe in the power of bitcoin, bitcoin reaching 100k$ is something have always been pessimistic about.

you believe that bitcoin is powerful but you dont believe that its value can go 100k or over than that  .

The growth of bitcoin will emerge it's current ATH price but hitting 100k$ is clearly unrealistic based on my opinion.

can you picture out when first bitcoin came out  . people never thought that bitcoin have a potential to pump this high starting from a cent only   . can you imagine that  ? same scenario can also happen in the future  .

Although have seen several analysts made videos, post about what will become of bitcoin in the future but I will rather choose bitcoin being a globally recognized and accepted currency than an unrealistic price speculation.

if bitcoin is accepted globally , that means it will become more idemand and as a result its value will pump more  . 100k usd will be more realistic if that happens 

[rdluffy]

Last time when BTC reached ATH of almost 20k USD I remember that we almost touched 1 Trillion USD
So I think we need more than 2 Trillion total marketcap to achieve such price of 100k USD, I'm confident that we can reach 1 trillion, because if you look another markets, it's way bigger than cryptos
And of course there's something very important, the dominance of BTC, this fact can helps BTC (or not) to achieve higher prices

[ChrisPop]

Bitcoin will reach $100,000 if no black swan will show up I personally have no doubt about that. Just taking into account the limited supply and the increasing demand for it + I'm sure there is a number of units being lost on a daily basis due to people misusing or losing their wallets.

Looking forward to the day when we'll reach $100k..champagnes are ready haha

[fiulpro]

Well I do think when we will mine all the bitcoins out , all those 21 million then we would be able to see such changes , people will recognize it more and since the demand and supply will reach a turning point with people struggling to get their hands on bitcoins the value will rise like never before , I do think that would be the time you are talking about.
Just some years more and we would be able to own something which is limited in this world , if we keep on holding we will be able to make immense profit one we never would have even though of 😂 but then again holding is the hardest part.

[bitbunnny]

It's interesting how you are confident that Bitcoin will reach 100.000,00$. Having in mind how Bitcoin is volatile and unpredictable that is possible but at the sane time a bit exaggerated and we can't tell for sure if that will happen or not.
No matter that we will have limted supply and probably increased demand after all Bitcoins are mined let's be more moderate and realistic in predictions.