BTC $100K-288K before Dec2021 ?

[Wexnident]

Well, I won't doubt predictions, especially one such as this that used models that are tested and proven from even way back then. Still, I follow what most people are thinking, it's still to early to predict a price for teh end of 2021. We're only approaching the end of 2020, and predicting the price for next year seems like something that could really be debunked easily with time. Not that I could anyway, I don't partake in analysis and stuff, I only hodl

$ 100k in 2021? If this is the case then Bitcoin should be above $ 20k this year,
because it is impossible for Bitcoin to rise to $ 100k- $ 288k in a short period of time,
there is no sign that Bitcoin is able to carry that price.

It's actually possible, though that may result in a bubble similar to 2017/2018, which isn't really a good result when looked at in the long run.

[Oasisman]

$ 100k in 2021? If this is the case then Bitcoin should be above $ 20k this year,
because it is impossible for Bitcoin to rise to $ 100k- $ 288k in a short period of time,
there is no sign that Bitcoin is able to carry that price.

How impossible Bitcoin's price it was in 2017? From $900 to $20,000 in a span of 1 year.
Besides there's no certain indicator which way Btc will head. If you're looking for a sign for Bitcoin to carry that price, then these kinds of bullish speculations are most likely the sign that you're looking for, and there are a lot of bullish articles you'll find in the internet today saying Btc might hit $100k.
Btc has still a huge chance to make it to $20,000 till 2020 ends. Specially that we're currently in a bull market.

[Slow death]

This topic looks more like a promotion of this so called popular blogger.

I don't think this is the case

S2F creator has ‘no doubt’ Bitcoin will hit $100K by December 2021

I have never heard his name nor I am interested in hearing his prediction.

he is well known, if you follow the news on cointelegraph.com you will hear about him at least every 3 months and his analysis model has already been congratulated by many other analyzes

Use some common sense if you have lost it and ask a simple question to yourself when was the last time a prediction came true about Bitcoin price?

this is a speculation section and nobody said that making prediction was like saying that thing X will come true. prediction never had guarantees that it will happen

[slapper]

How much money has he earned with bitcoin and cryptos recently? I have never heard of him before. I would rather listen to an institutional investor rather than a blogger who try to allure people with nonsense things

And I don't care how much the price of bitcoin is in the future. IF you truly a bitcoin fan who has enough knowledge to make his own judgment, it is certain that you always have some bitcoin in your pocket. Presently, I just want to witness how far bitcoin will reach at the end of this year.

[Fundamentals Of]

I have read this man's tweets countless of times. I am not a fan although I am also not a hater. I just read his tweets in passing sometimes, not attaching too much meaning to them.

Let him promote his own analysis of Bitcoin's price in the future. Everybody is doing that. PlanBTC can do it too. Obviously PlanBTC is not the only one who is sometimes exaggerating in their price predictions of Bitcoin. He has the basis.

I personally don't think this is happening next year. But if it does then everybody's happy.

[Lhaine]

Bringing the Bitcoin in 100k$ in just a few months I don't think it's possible. If this true the price of Bitcoin might be bearish for long time . I don't expect the scenario ad we have in 2017 . I believe the price of Bitcoin is possible to increase up to 25k$ but in 100k that's too much and it will not bring good sight to Bitcoin . Many investors will be more afraid to invest if that things happen again.

[1l1l11ll1l]

Bringing the Bitcoin in 100k$ in just a few months I don't think it's possible. If this true the price of Bitcoin might be bearish for long time . I don't expect the scenario ad we have in 2017 . I believe the price of Bitcoin is possible to increase up to 25k$ but in 100k that's too much and it will not bring good sight to Bitcoin . Many investors will be more afraid to invest if that things happen again.

Agree with you, and in my opinion there will be another bearish after bitcoin hit new all time high. but yeah, maybe we will see something incridible next year for bitcoin.

[Lucius]

This topic looks more like a promotion of this so called popular blogger. I have never heard his name nor I am interested in hearing his prediction.

PlanB is actually very popular, if you visit WO you will often see members posting his tweets there. Any link that leads to one of the accounts of social networks can be considered a kind of promotion, but I think that the intention here was not literally to promote someone, but his idea.

If you understand Bitcoin then you would have never created such a topic on a person who is trying to create FUD. This post is more in like promoting a Youtuber.

Here I will agree with Rikafip, I think you may have confused the terms, because I don't see any FUD here, before we could talk about causing FOMO (fear of missing out). However, if you have visited PlanB Twitter, it is clearly stated that his tweets are not financial advice.

Use some common sense if you have lost it and ask a simple question to yourself when was the last time a prediction came true about Bitcoin price?

You've probably never heard of Tim Draper, but find a video from 2014 and look at what he said then - and then look for a video from the same person from 2018 and listen to what he said about 2022/23. I’m not saying PlanB is right, it’s just speculation - but why does it seem impossible for Bitcoin to come from $15k to $100k in one year? This is only a little more than 6 times the increase, and during 2017 we had an increase of as much as 20 times.

[kentrolla]

Oh no, how could you predict that? Many Bitcoin analyst have made optimistic predictions for the year ahead but you have gone over the moon. It is always hard to know what the outcome might be that's how the nature of market is, Yes for long-term or hopefully by the next decade you can expect that number but now it's quite impossible in real quick time.

[Heisenberg_Hunter]

Well, PlanB is a very popular twitter account which shills just about bullish bitcoin alone. If forum people doesn't know about the twitter profile or someone similar like hodlonaut, it is certainly true that they have never visited crypto twitter and posting in this forum alone for additional sats. If this tends to continue, then people might one day ask who is Pieter Wuille or Van der laan   Coming up to the tweet, I don' think $100k is possible in near future or atleast for another 5 years IMO. If we reach something equivalent, the total market cap could touch $2.1 trillion which could be impossible within 5 years as that would be worth atleast 0.28 times the total net value of gold ever mined.

Replacing Gold with Bitcoin completely would certainly take atleast 20 years of time from now and we need the global regulations to be favorable for bitcoin as well for this to happen on a large scale. If bitcoin successfully replaces and destroys gold, we would be seeing the valuation of atleast $300,000 to $400,000 per coin. I would say this could be a far thinking into the future (like we are still in the pre-historic era and thinking about the period when Man lands on Mars) and if this tends to happen, lightning network and other side-chain scaling solutions would become mainstream. What is the purpose of bitcoin to be held in wallet without doing any real life transactions?

Adoption is another important factor which decides the so called $100,000 or $200,000 market. If people are still afraid to use bitcoin as a digital currency, then we would be enjoying the $5k to $20k level alone for a prolonged time period.

[matchi2011]

Oh no, how could you predict that? Many Bitcoin analyst have made optimistic predictions for the year ahead but you have gone over the moon. It is always hard to know what the outcome might be that's how the nature of market is, Yes for long-term or hopefully by the next decade you can expect that number but now it's quite impossible in real quick time.

Stay still as predictions and who knows right, we are all free to state our thoughts about how value will push thru,
it's ambitiuos but in case things go along to that directions then for sure it brings a huge benefits.

Inside this industry there are so many unexpected things that happened, bitcoin always surprises us, for those who continouing
to believe and keep storing and saving their coins for retirement purpose will have a better life.

[bitgolden]

The fact that there were tons of small timers who sold during this period and a lot of big whales who collected is a fact, and it is a fact that we should never really ignore because it could affect the future of bitcoin. Sure we have the right to buy as much bitcoin as we want, however the more money collected at the hands of whales would make bitcoin into something only whales can play and we would be participating without any impact at all, we would be just riding their wave and it wouldn't really help us that way.

We moved to bitcoin world because we wanted to get as far away from whales control of fiat as we can, however if we give the control of bitcoin to them as well we won't be really doing ourselves any favor at all, we would in fact be harming ourselves and bitcoins future.

[Fortify]

It's easy to mistake guesses and predictions far into the future, I'm sure he will come up all sorts of excuses when it fails to get anywhere near that price. I am very bullish on Bitcoin, however those prices seem very unrealistic - especially now that normal business will be able to resume with a possible Covid vaccine on the horizon. People are generally much more comfortable putting money into the stock market, because it produces a return from real company profits, rather than speculated capital appreciation from holding an asset like Bitcoin. I hope it does reach those highs, but it seems extremely unlikely at present.

[CODE200]

$ 100k in 2021? If this is the case then Bitcoin should be above $ 20k this year,
because it is impossible for Bitcoin to rise to $ 100k- $ 288k in a short period of time,
there is no sign that Bitcoin is able to carry that price.

Why not? It's only very hard. By the end of 2017, it increased to 20x, who would have thought that would happen? 10x in 2021 will be normal if there are some good signs.

'coz the market does not behave in such way; nature of inconsistency due to volatility. The market price never became consistent to both downfall and price increase. What happened on the previous ATH is already an example. There was a huge increase in its price from the past but take a look of how the market price became just in an instant. That market price is too much especially if you would base in its market value at this moment, and to the number of downfalls it's market price have experienced before again getting close to such price point.

[hopenotlate]

This article I just read on Crypotpotato fits perfectly to this thread discussion:

Bitcoin Moves Like Clockwork After The Halving, Says Stock-To-Flow Creator

[STT]

by December 2021

He could be right on pricing but knowing the exact time frame is not especially realistic.   Just saying it happens any time this decade would be enough of a projection, I dont agree its clockwork.   The protocol might be self regulating in an attempt to provide some certainty in its regularity of supply but the people and surrounding economies including dollar itself will be erratic.
   What this guy or anyone similar is really doing is calling a trend, which is great and I agree thats feasible but the timeline should be far more loose then this imo.    We can still half in price from here, go back to 3k however improbable that possibility does remain as part of the range of outcomes near-term.    The more frustrated speculators become and extended in their expectations the greater the fall out from that hot money is; this leads to some selling overall and so on, hence its always cycles repeating.

[carlfebz2]

by December 2021

He could be right on pricing but knowing the exact time frame is not especially realistic.   Just saying it happens any time this decade would be enough of a projection, I dont agree its clockwork.   The protocol might be self regulating in an attempt to provide some certainty in its regularity of supply but the people and surrounding economies including dollar itself will be erratic.
   What this guy or anyone similar is really doing is calling a trend, which is great and I agree thats feasible but the timeline should be far more loose then this imo.    We can still half in price from here, go back to 3k even however improbable that possibility does remain as part of the range of outcomes near-term.    The more frustrated speculators become and extended in their expectations the greater the fall out from that hot money is; which leads to some selling overall and so on, hence its always cycles repeating.

Even on the pricing im not really that believing much on reaching that 6 digit price mark.Not to be bearish but it seems too far for bitcoins price to reach up that high unless
if in total global adoption then plausible but still questionable.

With the time frame given on year 2021 then its really too short or not really that realistic at all.Come to think that we did even have a hard time to reach that previous ATH.

How much more on thinking or presuming about 6 digit price in one years time? It isnt bad to be bullish but always consider on giving out some realistic numbers basing of on the current condition
and even determining on what happened in the past.

[ene1980]

It's actually possible, though that may result in a bubble similar to 2017/2018, which isn't really a good result when looked at in the long run.

Everyone is aware of the bubble and i do believe that people invest in bitcoin knowing this fact and if you are smart enough you can make a hefty profit during the rally and so is the reason many institutional investors are investing millions for the past few months and these institutional investors are also aware of this process, we will hear about the bubble and that is it, smart move is to ride the rally .

[kawetsriyanto]

I advise you to read that thread and understand where the author is coming from.

I never replied without reading the thread first, you don't need to tell me that thing, mate.
What I'm talking here is only about what I've quoted, "the analogy of a star colliding with a black hole".
I've seen various kinds of BTC price predictions but never saw this one. Not sure how he wants to make it, but I doubt the analogy.

By the way, before you replied to my comment, have you understood what I wrote exactly?

We wouldn't want to see the price of Bitcoin heading $50,000 or even $100,000 in the future?

Who said don't want to see that thing?
Not a single word on my comment implies a refusal of a high move on BTC price.  
What I responded is his way of predicting the possible price of BTC in the future.

Do you get my point @Kemarit?  

[$crypto$]

$ 100k in 2021? If this is the case then Bitcoin should be above $ 20k this year,
because it is impossible for Bitcoin to rise to $ 100k- $ 288k in a short period of time,
there is no sign that Bitcoin is able to carry that price.

It is not impossible in a bitcoin that moves so fast when the green light has started, it might happen one year from now but what is the prediction with analysis? Of course, obstacles will be faced by various kinds of bearish markets, news from FUD or cornering cryptocurrency, of course there will be so that the uproar can occur and lower the bitcoin level to the lowest level. so the whales can take everything they want in controlling prices.

But for me it still won't happen even though some people believe it is not an easy thing, therefore we have to make bigger corrections about the price prediction that is too distant.