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Author Topic: Bitcoin reach to $100K ?  (Read 1573 times)
BChydro
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October 19, 2020, 11:18:06 PM
 #161

Seeing the price reach its ath once again is enough before aiming for another much higher price. Nevertheless only time can tell whats ahead for bitcoin.
All these speculation of a valuation of $100k comes from the fact that the price of bitcoin rallied in the past in the same principle and that is the same percentage what some are expecting this time around, how it can follow the same percentage is still a puzzle for me but crossing the all time high valuation is not a big deal when the market rallies and that is the least expected value we should expect by next year.
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October 20, 2020, 06:26:28 PM
 #162

Yes, he already mentioned that anything is possible for bitcoin. But we can't sure that bitcoin will reach $100K within short possible of time. It needs more time to reach $100k because it is not a small amount.
Its not really a realistic amount that we can see for bitcoin to reach in few days or months, it might take years.

It will happen at end of next year or in 2022. It all depends what will happen in next 6 moths. How will countries tackle covid second wave and what will happen with 2rd wave if it will exist at all. This are the main questions that exist right now.
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October 20, 2020, 09:55:26 PM
 #163

Bitcoin has not yet crossed its all-time high but we are talking about such a high price.
remember that this market is for speculations thats why we cannot forbid people to talk about prices they wanted to be reached mate.
and besides nothing will effect on you if there is this kind of thread and you can just ignore this and move on.
Quote
Anyway, I think the price of Bitcoin will go up, but believe me, it will take decades for $100K. IMO
But it should also be remembered that anything can happen in cryptocurrency.


What decades?Bitcoin reached $20,000 in just 10 years from almost zero value?so what more this next 10 years now?
Never lose faith if you are investor,but if like you that i'm sure nothing to lose here then its Ok.
Yes, he already mentioned that anything is possible for bitcoin. But we can't sure that bitcoin will reach $100K within short possible of time. It needs more time to reach $100k because it is not a small amount.
You will get dizzy if you think of $ 100k for 1 Bitcoin, we are still facing strong resistance to go higher, above $ 12000.
If you think that $ 100k, is a waste of time, you will hold on and miss an important moment.
I would believe Bitcoin price could hit $ 50 000.

You would really go impatient as the years pass by without seeing those 6 digits price which is really way too much for us to hope for its price to cling up that high.
I dont know on whats up to their minds on why they do consider 100k price in a short span of time.We should at least be realistic on what we are speculating
and basing up on what its previous movements in the past.If we do even hardly reach up 20k price point and break through 30k then its not that a bad idea
to presume that 30k will really be a tough wall to break or even reaching previous ATH is already questionable basing on the movement we do have now.

R


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October 21, 2020, 08:36:56 AM
 #164

The gradual growth of bitcoin is happening at the moment. Whenever there is growth in price of bitcoin automatically there arises discussion of price reaching big values. The market movement of bitcoin mostly attributes with the news getting circulated with bitcoin.

When there is positive news the market moves forward and drops low when there is something like hacks and large volume scam exposed. With all this based on the widening of the market will be the price and we can't judge on $100k now itself.

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October 21, 2020, 02:43:16 PM
 #165

The top cryptocurrencies are still undervalued.

Eth, BTC, BCH are all undervalued when you look at a pile of shit like ripple and thats worth 14 billion.

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October 21, 2020, 11:42:23 PM
 #166

I think $100k is a reasonable target for this market cycle. $100k, give or take $20k by end of 2022 is what I'm thinking.
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October 22, 2020, 06:54:07 AM
 #167

We are already in the final quarter of the year, though it won't be stated when we reach $100k as my assessment goes, it is really not possible. I can't imagine people are buying  Bitcoin at $100k, should they have to take the risk? Doubtful that they are willing to do it but rather to choose to invest in the stock market. And even me, I'd never had to put at risk rather than to choose an investment that has assurance.

Exactly, I really don't understand why people are expecting too much price in real quick time. We are underlined near 13k right now and 💯 k is way too far away from now.

Also yes for some valid reason many people will definitely think to invest if it reaches 100k because of high risk, still there are big whales in the market where they have the capability to raise the price, anything is possible in crypto small Investors always need to be careful before taking risk.

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October 22, 2020, 01:50:44 PM
 #168

I think $100k is a reasonable target for this market cycle. $100k, give or take $20k by end of 2022 is what I'm thinking.

I am expecting 20k in the coming year itself and now since we have crossed the huddle of 12k level mark and inching towards 13k so this seems very much possible for next year. Looking at this situation if the prices get stabilized above 12-13k by year end or more we could even see a good rally happening around and this is the good time for buying as well.

now it is time for the price of Bitcoin to return to the price of the end of 2017, which is $ 19000,
I also think and predict Bitcoin this year is very extraordinary, because Paypal is a good bullish momentum for Bitcoin,
hopefully it can go to $ 20000 this year, $ 100k is very high to reach now.

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October 26, 2020, 11:27:34 AM
 #169

Bitcoin reaching $100k is a realistic prediction without timeline. Based on the growth and the ATH value of bitcoin $100k is little away. Compared to the userbase bitcoin has got at its ATH and the present varies big. This difference also has its role on the market value of bitcoin. One more thing something beyond specific value also be mentioned as manipulation. So, if such a growth happens too, it won't sustain long.

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