ultrloa
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November 04, 2020, 01:47:00 PM |
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Speculation is indeed what we have these days ,but talking about 5 years from now?i think everything is possible specially about reaching a 100k$ when we already did 20k in the past.
We had $20,000 in the past. That was approximately 3 years ago. And yet ever since that ATH was reached, never did it once occur for Bitcoin's price to hit the same price again. It is possible for the ATH to be seen again within the year though. But the whole point is it will probably take Bitcoin more than 3 long years before it recovers from the decrease in price from its ATH which happened quite a long time ago. So it is a bit hard to imagine for Bitcoin's price to multiply five times in just 5 years. In addition we also don't know what events could help for Bitcoin to go on that price and it's pretty unrealistic to think about high figures since for sure the adoption is so huge and demands will even more higher if we could reach that. But unfortunately it's just a dream by majority and provably that figure will just remain as a dream.
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November 04, 2020, 04:30:59 PM |
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The market is moving slowly I doubt if Bitcoin will even reach the six-digit level in 2025, the period is to short for Bitcoin reach to that level we should be more realistic, the $5000 growth is more realistic to me and $50,000 is already a huge target for the market, well we never know what's going to happen, we should be happy that Bitcoin is very resilient even in a pandemic.
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AjithBtc
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November 04, 2020, 04:37:42 PM |
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With time the market is maturing along with increase in the active users. Bitcoin on the way to $100000 is realistic when the ath value of bitcoin along with the userbase by that time is compared with the present. Same as that if we make a calculated prediction in comparison to the present market, there is more possible chances of reaching the mentioned market price with ease.
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Marina5
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November 04, 2020, 04:45:36 PM |
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We can't say the exact price but everyone can guess. I think 2025 is a very short time to reach this point. This is certainly a large amount but nothing is impossible for Bitcoin.
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pooya87
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November 05, 2020, 03:41:09 AM |
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for price to be stable above $100k 2025 seems like a good estimate since it is about 5 years from now but to reach that as a new record (or ATH) then 2025 is a very far away time. such price should be reached in the next bubble which would most probably take place in 2021 (next year). similar to all the previous bubbles, we will see a new unrealistic high price (like $20, $100, $220, $1200, and finally $19800) this time closer to $100k or maybe even higher then it pops while price drops another 70 to 80%. this trend has already started and it can conclude in a year from now.
I also have a little faith in me that Btc might hit the "almost" impossible price range in 2021. I'm too lazy to read the whole speculative discussions way before 2017 bullrun, did a lot of people predicted Bitcoin to reach $19k? Because bullish speculations may help Btc to reach new ATH. 2025 is still far, and there's still a lot of things to happen and price changes as well. Who knows we might be able to see $100k just before 2025. as a matter of fact there were. maybe not accurately predicting the $20k ATH but pretty close. there is an old logarithmic chart that extrapolates the existing data from many years ago (i think from 2013) and outlines the future bitcoin trend which was very close in predicting the 2017 ATH. my speculation above was also based on past experiences and the way i see this market going. with the adoption speeding up these days i am convinced that we see the repetition of 2017 very soon.
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LogitechMouse
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November 05, 2020, 09:38:55 AM |
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Its nothing but a speculation just like other people are saying.
They are just saying their opinion and in order for it too look legit or fact, they will post it in a popular article website like cryptonews. As for my part, I will just wait for Bitcoin to reach that price but I hope that when it reaches that price the transaction fee of it isn't as high as the current transaction fees right now.
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btc78
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November 05, 2020, 10:18:51 AM |
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By 2025, bitcoin (BTC) still could add another zero to its price, according to Bloomberg Intelligence, while they also claim that it's possible for the price to get closer USD 14,000 again already this year.
Sounds like what they said comes true as Bitcoin Price takes the $14,000 price but drops back to 13k again . In their latest Crypto Outlook, Bloomberg Intelligence's senior commodity strategist, Mike McGlone, wrote that "bitcoin has a history of adding zeroes." Bitcoin's price could continue appreciating on the back of increasing adoption, as it has done so far, but this would happen at a slower pace.
How i wish this will happen ASAP and won't need to take that 4 years time before reaching this another Zero added. Still, by 2025, we could see bitcoin reach those previously predicted highs. The report explained that,
"The first-born crypto has had a tendency to add zeros to its price from around [USD] 10 in 2011. It took about four years to go from [USD] 1,000 to [USD] 10,000 in 2017, so doubling that time frame for maturation could get the price toward [USD] 100,000 in about five more years."
Failure is also an option, added the report, and it can't be known what specific catalyst might prompt bitcoin to jump to the said new highs, however, demand vs. supply metrics remain price-positive. "Most demand and adoption measures indicate bitcoin is more likely to stay on its upward path," McGlone said.
[/center]
Well at least we have some good and positive thread to read until 2005 from now.
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traderethereum
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November 05, 2020, 12:12:46 PM |
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It is a mystery to see if bitcoin price can touch $100k in 2025 because it still 5 years later. We can enjoy this moment because bitcoin price now can break $14k-$14,500, and the price still has a green candle and seems the price will break another high price. We can speculate how high bitcoin price will touch in the future, but we still don't know what will happen. In the next year, there will be many more speculation about bitcoin price, and what will happen with the crypto. I don't think too much about the speculation because many possibilities can happen. What we need to do now is enjoy this time, sell bitcoin if we think that it is necessary. Otherwise, we can still hold it for another high price.
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Fundamentals Of
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November 05, 2020, 02:03:17 PM |
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Speculation is indeed what we have these days ,but talking about 5 years from now?i think everything is possible specially about reaching a 100k$ when we already did 20k in the past.
We had $20,000 in the past. That was approximately 3 years ago. And yet ever since that ATH was reached, never did it once occur for Bitcoin's price to hit the same price again. It is possible for the ATH to be seen again within the year though. But the whole point is it will probably take Bitcoin more than 3 long years before it recovers from the decrease in price from its ATH which happened quite a long time ago. So it is a bit hard to imagine for Bitcoin's price to multiply five times in just 5 years. In addition we also don't know what events could help for Bitcoin to go on that price and it's pretty unrealistic to think about high figures since for sure the adoption is so huge and demands will even more higher if we could reach that. But unfortunately it's just a dream by majority and provably that figure will just remain as a dream. That is a dream for now but I believe it will not stay as a dream forever. But realistically speaking, 5 years is so short a time for Bitcoin to reach a 6-digit price. As I have mentioned, the last 3 years cannot prove that it is possible. However we all are aware how Bitcoin highly remains a wild wild west despite a much wider adoption now. We still cannot predict the price of Bitcoin even if it is not as young as before. It still surprises us even if it is already in the mainstream. So who knows? Maybe it will surprise us again with a 6-digit price in just half a decade.
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slaman29
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November 05, 2020, 02:13:32 PM |
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The market is moving slowly I doubt if Bitcoin will even reach the six-digit level in 2025, the period is to short for Bitcoin reach to that level we should be more realistic, the $5000 growth is more realistic to me and $50,000 is already a huge target for the market, well we never know what's going to happen, we should be happy that Bitcoin is very resilient even in a pandemic.
Can you imagine, people asking in 2017/18/19 about $1 million Bitcoin, if not $10 million and then every year after that it seems the predictions just kept lower and lower, haha. What's the problem with all these analysts, now so scared until saying 2025 for 100k? How boring are they now haha. But yes, good to see reality settle in. $20k next year and staying there is good for us.
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Ridwan Fauzi
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November 05, 2020, 04:25:06 PM |
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Who knows? Bitcoin price is so volatile, it can up and down quickly. How can imagine in a few day bitcoin can increase $2000 that I think there is no an investment place who can do that especially traditional investment. The sentiment market is good even we haven't reach to the trully event that can make bitcoin price up, yeah I believe the stimulus that will give by US government will make bitcoin price up drastically. This is for the short term a good fundamental, we haven't know yet what will happen in the future. If this situation can continue then there is no reason for bitcoin can touch that price but if the situation change another dump will happen.
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jossiel
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November 05, 2020, 09:54:35 PM |
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But I believe that we will see bitcoin hitting $100,000 but with an unknown year. I just wish that whenever the time comes, most of us here are still holding it and can have a sweet celebration if that happens.
$100,000 in my view is still a long time to come. The times will come but nobody knows when just as it happened in 2017 and many smiled and others were trapped into it. The buying and hodling of bitcoin now is a good investment. Long as it may go but we will see it. I'm not the only believer of that price. And if you will argue with a newbie and you will tell that this price could happen in the future, they will laugh at you and that's the same with those people that don't like and believe bitcoin. Because it just so happened to me when I've told that it's likely bitcoin will be reaching $100k soon but without any exact given year.
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thecodebear
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November 05, 2020, 10:37:26 PM Last edit: November 06, 2020, 03:18:02 PM by thecodebear |
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Well you have to think about this in market cycles.
We should be finishing up another market cycle with a huge peak in the next two years probably. It might hit $100k at that point, or perhaps it falls a little bit short. So $100k could very realistically happen by around end of 2022, but that would be for maybe a few days right at the peak of the bull market.
So then there's a bear market. From peak to coming off the bottom of the market it was about 20 months in 2014/2015 and 13.5 months in 2018/2019. So let's say a year and a half of falling and carving out a bottom, at which point it starts moving up again. That puts us mid-2024 with the price maybe just coming back out of the $20,000s perhaps. So price might be ranging in the mid-5 digits in 2025 I'd say - perhaps bouncing around between $40k and $60k. In 2026 perhaps we could start to a price of $100k start to become an "ordinary" price, the way $10k seemed ordinary this year.
This is obviously informed by past market cycles, but that's really the only way to make an educated guess. I'm not quite following the four year halving cycle because I think it seems like that cycle might be stretching out a bit as time goes on, which also makes sense as the difference between the halvings becomes less and less in terms of the change in raw numbers of bitcoin being mined. So I think $100k could be breached very briefly several years before 2025, but probably won't be hit again and start to come to be viewed as a pretty ordinary price for Bitcoin until 2026/2027.
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RealMalatesta
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November 06, 2020, 01:03:45 PM |
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The unfortunate situation with the current level we are in, the movement from 100 dollars or even a thousand dollars to 20 thousand dollars required few billions of dollars cash injection into the market for trading, and not just buy and hold but trading it actively, which happened and that is great and it is now even bigger with lower price but they didn't come in all together like 2017 so it didn't affected that way.
However from $15k levels to $100k+ levels it doesn't just require few billions going all into trading actively all the same time, we require tens of billions of dollars and even close to a hundred billion dollars cash injection into the market, because going from $1-5k levels to $20k requires less money to buy all that much bitcoin from the market versus money required (which is insanely a lot) required to increase it to $100k.
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1l1l11ll1l
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November 06, 2020, 01:41:16 PM |
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Well you have to think about this in market cycles.
We should be finishing up another market cycle with a huge peak in the next two years probably. It might hit $100k at that point, or perhaps it falls a little bit short. So $100k could very realistically happen by around end of 2022, but that would be for maybe a few days right at the peak of the bull market.
Totally agree with you, there is always a visible market cycle in the development of bitcoin prices. I feel like bitcoins can hit $ 100k sooner than 2025, but what's next? will mass adoption already take place in when bitcoin hit $100k?
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ethereumhunter
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November 06, 2020, 03:00:22 PM |
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Well you have to think about this in market cycles.
We should be finishing up another market cycle with a huge peak in the next two years probably. It might hit $100k at that point, or perhaps it falls a little bit short. So $100k could very realistically happen by around end of 2022, but that would be for maybe a few days right at the peak of the bull market.
Totally agree with you, there is always a visible market cycle in the development of bitcoin prices. I feel like bitcoins can hit $ 100k sooner than 2025, but what's next? will mass adoption already take place in when bitcoin hit $100k? The next thing that can happen to bitcoin is the price will be up and down, and before the price reaches $100k, it will still go up and we can use that to make a profit before we can make a huge profit. But waiting for 2025 will be too long because that will be 5 years later, and we don't know if we are still in the crypto world. But we can still try to make more and more money from bitcoin by buying and selling bitcoin until 2025 to see what will happen in that year.
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Baofeng
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November 06, 2020, 09:59:26 PM |
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for price to be stable above $100k 2025 seems like a good estimate since it is about 5 years from now but to reach that as a new record (or ATH) then 2025 is a very far away time. such price should be reached in the next bubble which would most probably take place in 2021 (next year). similar to all the previous bubbles, we will see a new unrealistic high price (like $20, $100, $220, $1200, and finally $19800) this time closer to $100k or maybe even higher then it pops while price drops another 70 to 80%. this trend has already started and it can conclude in a year from now.
I also have a little faith in me that Btc might hit the "almost" impossible price range in 2021. I'm too lazy to read the whole speculative discussions way before 2017 bullrun, did a lot of people predicted Bitcoin to reach $19k? Because bullish speculations may help Btc to reach new ATH. 2025 is still far, and there's still a lot of things to happen and price changes as well. Who knows we might be able to see $100k just before 2025. as a matter of fact there were. maybe not accurately predicting the $20k ATH but pretty close. there is an old logarithmic chart that extrapolates the existing data from many years ago (i think from 2013) and outlines the future bitcoin trend which was very close in predicting the 2017 ATH. my speculation above was also based on past experiences and the way i see this market going. with the adoption speeding up these days i am convinced that we see the repetition of 2017 very soon. Yeah, we can even go as far back as 2011 and see old charts predicting the price close to the 2017 all time highs and yet people that time didn't hold into their bitcoins and sold them early. So I guess we should all learn a big lessons from the past. That in the future the price of bitcoin can really rally to $50k or even $100k as the markets mature and adoption is speeding up unexpectedly.
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daarul50
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November 06, 2020, 11:01:29 PM |
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The unfortunate situation with the current level we are in, the movement from 100 dollars or even a thousand dollars to 20 thousand dollars required few billions of dollars cash injection into the market for trading, and not just buy and hold but trading it actively, which happened and that is great and it is now even bigger with lower price but they didn't come in all together like 2017 so it didn't affected that way.
However from $15k levels to $100k+ levels it doesn't just require few billions going all into trading actively all the same time, we require tens of billions of dollars and even close to a hundred billion dollars cash injection into the market, because going from $1-5k levels to $20k requires less money to buy all that much bitcoin from the market versus money required (which is insanely a lot) required to increase it to $100k.
Not necessary if it is for the bubble . The first all time high usually come as a bubble isnt it? If still requires that few billion us dollar, i think we can expect from the bitcoin future market , there os a lot of investor coming doing this thing recently and the number is not small. There is a lot of option going through this and the hype will be started whenever it is triggered. We dont even have to wait that long to 2025 , next year could be the year.
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posi
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November 07, 2020, 12:22:39 AM |
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After Bitcoin prove to be a safe haven when the world economic meltdown through the effort of the pandemic, a lot of private companies and individuals which didn't believe Bitcoin to be real have joined the crypto race which I believe also lead to Paypal supporting cryptocurrency but that means we don't have to be realistic when making any price prediction cause the market has a long way to go before it reaches $100,000. Besides, it too early to predict what will happen in the year 2025.
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1l1l11ll1l
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November 07, 2020, 11:39:39 AM |
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Totally agree with you, there is always a visible market cycle in the development of bitcoin prices. I feel like bitcoins can hit $ 100k sooner than 2025, but what's next? will mass adoption already take place in when bitcoin hit $100k? The next thing that can happen to bitcoin is the price will be up and down, and before the price reaches $100k, it will still go up and we can use that to make a profit before we can make a huge profit. But waiting for 2025 will be too long because that will be 5 years later, and we don't know if we are still in the crypto world. But we can still try to make more and more money from bitcoin by buying and selling bitcoin until 2025 to see what will happen in that year. Hahah that's right, 5 years is quite a long time. maybe in the next 2 or 3 years we will see a big thing happen to bitcoin, when a lot of people are using bitcoin and everyone is probably also doing transactions from paper money to digital, I think that's the thing that will make bitcoin hit $100k sooner. ofcourse, there will certainly be fluctuating ups and downs but if mass adoptions occur it doesn't seem like a problem
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