Price of Bitcoin may increase normally but not as much as 400K

[Yatsan]

We still do not know any certain limitation of how much Bitcoin can possibly be when it comes to price value. Yes, $400,000 is a very massive amount to think that it would already be an impossible expected price to be met but still no one know that there might be a possibility in the near future that what we thought of a very high price could be certainly achievable in nature. It is just that as people realizes Bitcoin's worth and existence, there could always be an open possibility for Bitcoin to improve and rise up its price into no one could ever expected. As of now, the price of Bitcoin is playing on 5 digits which we are all happy and might get happy if ever the price will ever land on the first 6 digit of it. Let us just all wait and see after many years if the $400,000 is possible to be achieved or certainly not.

[Yamifoud]

Bitcoin is very valuable in the long-term. If we keep it, but many people mistakenly think that Bitcoin can skyrocket in price, an illusion of 400K is too large for Bitcoin's bull. We need to have more time and long-time.

It already at that level, more than of gold. I'd see Bitcoin in long-term high demand as we are in digital transformation. Well, it takes time but then, people are still in the patience to wait that moment. However, if we talk about its price, could I say that $400,000 is far from reality and that seems so crazy. Because even we think that sooner or later the demand will increase but can't imagine that it goes that far, not even far from $100,000, can say at $50,000 might possible.

https://www.coindesk.com/complete-case-for-100k-bitcoin

[TheGreatPython]

The price might not reach 40k or even the over 300k some has been hyping this recent weeks, but you’re still going to be able to make good profit from it. The price can drop from this $18k to $8 – 5k and still go from that low to up $18k or around there again, that is still some good profit. It’s not a must that the price will reach $1 million before you make profit from it.

You have to be aware of the price movement in the price and know when you should get in, if you do you’re going to be lucky most of the times.And about paying for groceries or products online with Bitcoin, it is possible, and you can as well use the PayPal Bitcoin, though I don’t like it much.

[darewaller]

I definitely agree that 400k is not possible... yet. I mean surely in 10-20 years it could be possible, there could be people who would love to see that in the wealthy world as well after all they are not even that much involved yet, few smaller companies got in about a billion, but when the big huge names of wall street gets involved they are going to make sure they make as much profit as they can which will be 400k or even more, but that is not right now.

I would say trust bitcoins future and invest into it right now, because it will always worth something in the future, but it is not going to be skyrocketing that much anytime soon, it will probably reach to 30-50 thousand levels as the next goal and probably 100k after that, which all would probably take at least 5 more years.

[Mpamaegbu]

While I'd really like to see bitcoin at such insane...

There is nothing insane about the price of Bitcoin the way I see it. Do you know that those who bought Bitcoin at less than $1 a decade ago wouldn't have believed it would get to the current price of today? They would've laughed at any suggestion of price getting anywhere near $15,000. But look at where price is today. Bitcoin is truly unpredictable.

$ 400k is too high a figure, I wonder how can I get a prediction as high as $ 400k? even though $ 20k still can't be surpassed,
We'd better leave this $ 400k prediction and think about $ 20k first.

With Bitcoin, nothing should be doubted!

[AliMan]

While I'd really like to see bitcoin at such insane...

There is nothing insane about the price of Bitcoin the way I see it. Do you know that those who bought Bitcoin at less than $1 a decade ago wouldn't have believed it would get to the current price of today? They would've laughed at any suggestion of price getting anywhere near $15,000. But look at where price is today. Bitcoin is truly unpredictable.

$ 400k is too high a figure, I wonder how can I get a prediction as high as $ 400k? even though $ 20k still can't be surpassed,
We'd better leave this $ 400k prediction and think about $ 20k first.

With Bitcoin, nothing should be doubted!

If rally happens randomly with faster growth of bitcoin value, demand is basically the main reason why it's abruptly rising. The behavior was out of control once market is lively creating real time trading, which attracts most people waiting for that moment. However if predictions comes at different angles, well no accurate price comes into fixed amount but rather more individuals will independently provide their ideas with huge figures. Let's first prioritize the predictions of $20k per btc before any higher value comes.

[Genemind]

Many are waiting for BTC price to go that far. However, it has to take time. Any sudden growth on BTC will only lead to a massive price correction. Steady and healthy growth will be needed to make the BTC price stable. I am expecting BTC to surpass it's recent ATH any time soon, but it might not be as high as most people are expecting.

[jaberwock]

People have underestimated bitcoin for a very long time. I think we are going to see 400k per bitcoin, we will even see 4 million dollars per bitcoin, it is not going to be today nor anytime soon but look at fiat currency and how horrible it has been for the past 30 years, not even considering centuries of fiat currency constantly losing money as well.

Just look at 2020, we have seen the biggest economy in the world USA putting up 25% more debt to their treasury just in this year, for the past 8 months because of one pandemic, instead of trying to cover the costs with getting high taxes from very rich people. Which goes to show you that there is no reason why people should trust in fiat, and crypto will keep going up forever, it will be 400k too, maybe not now but eventually it will be.

[Gotumoot]

I think by now we should already know that Bitcoin price could move as much as it want.
Back when it was just a low price and new nobody would even believe that it could hit $10K or $20K but it does,
So maybe right now we couldn't see it happening because of the huge gap but maybe someday it could prove you wrong.

[Kelvinid]

I think by now we should already know that Bitcoin price could move as much as it want.
Back when it was just a low price and new nobody would even believe that it could hit $10K or $20K but it does,
So maybe right now we couldn't see it happening because of the huge gap but maybe someday it could prove you wrong.

Maybe I blame myself for not believing Bitcoin in its early years of existence. Yes, I was in doubts, and a lot of questions inside but we can't go back where it was started, people are getting crazy as the price goes high. And I can't think also that it will make huge dumps this time where there are a lot of users and companies adopting Bitcoin. But then, I was not also thinking that it goes that too high at $400k even we have this fully adopted.

[posi]

However if Bitcoin ever hits 78K compare to the past then its ATL can be 4x compare to the past low (i,e $3300x4)

It was ATH not ATL. Aside, I dont see Bitcoin making it to fhe $78K but $50K price range is still a reasonable ATH now.

I think by now we should already know that Bitcoin price could move as much as it want.
Back when it was just a low price and new nobody would even believe that it could hit $10K or $20K but it does,
So maybe right now we couldn't see it happening because of the huge gap but maybe someday it could prove you wrong.

The market volatility gives it the chance to reach any price but people still need to be realistic when making predictions about Bitcoin which is what I believe the OP was trying to communicate about because during a bullish season like this people always make a false prediction that will certainly not happen. However, i am in support of the OP Bitcoin can not make $400K price range now or in the bullish market i.e the year 2023 after halving. 

[ipanks]

I am not sure if the bitcoin price can increase to $400k in the next year because that price will be too high to be reached. Even that it will be possible for bitcoin to rise so high, but I feel that Bitcoin needs more time to hit $400k. Maybe the price can grow up to $100k in the next year, and I think that is the reasonable price for bitcoin. But if the price can really hit $100k-$200k in the next year, I am sure that many people will be very happy to sell their bitcoin and make a big profit.

[Wipeout2097]

Everyone wants to create a benefit once more, whether it could be an enormous benefit or a little benefit. At slightest, when the market can develop to the higher price, the plausibility for us to be back to form a benefit will come so ready to recoup the misfortune that we got some time recently. Other than that, we as of now see a moo cost for a long time ago, although bitcoin and altcoin cost can increase, the cost still not increment so tall. For me increment of price to make handsome benefit.

[francois-cooper]

The only limit to BTC price is our imagination

[BTCappu]

Those that are saying that Bitcoin will reach $400k are just exaggerating everything. The price will increase but this $400k they are saying is not going to happen, they can see anything less than $50k and I will believe it, but anything above that price range I am not going to believe it.

We are finally in the month of December and it is already middle of the month, the market has only managed to get to $20k before falling back again and we are at below $18k, will the price still go up further than the ATH? I saw one of the charts predicting $400k and it predicted December, and I am not seeing that being possible, it’s all hype.

[Inkdatar]

Price of bitcoin may increase that's for sure and everyone has its freedom to gives their prediction on bitcoin. Everyone awaits for bullish trend to occur but $400k is so huge. These days it is hard to break even above $20k and there's still uncertainty to what price it will heading. However, once price crossed to what has been predicted a lot of users of course will truly enjoy their profit.

[lixer]

Bitcoin is something enigmatic, you do not expect it to do anything and it could do anything at the same time which is the problem. Think of it like Schrödinger's cat situation, you do not know if bitcoin price will be high or low before it happens, only after it happens you know what it is, until it happens it is both going up and also going down at the same time.

I can look at the price today and find you a reason why it will crash under 10k in under 3 months, or I could find a reason why it will be over 30k in under 3 months as well, I can honestly make you believe in it as well, not because I am a great salesman or anything but there could be some "data" used to prove them both correct whereas that data usually will be just indicating something and not guaranteed.

[milewilda]

Price of bitcoin may increase that's for sure and everyone has its freedom to gives their prediction on bitcoin. Everyone awaits for bullish trend to occur but $400k is so huge. These days it is hard to break even above $20k and there's still uncertainty to what price it will heading. However, once price crossed to what has been predicted a lot of users of course will truly enjoy their profit.

You would really expect with these kind of predictions when the market is really in a bullish run.People do predict in ridiculous prices without even thinking
on how hard and how long we've been waiting for this 19k price to come and considering that there would be lots of correections and pullbacks then its
really hard to believe on that we would really be seeing those 6 digit prices.Why we cant just stick out on at least 30k to 40k which would be a better
price for us to presume? because if you do hope that much then it would really just frustrate you when the price didnt able to hit that goal of yours.

[vaultman]

The threshold of 50 thousand dollars will surely overcome, because all the prerequisites indicate this. Bitcoin cannot fall in price if there is a great demand for it in all spheres of life, everyone wants to use it. It rises above 50 thousand dollars when the difficulty of mining increases to the maximum value, and it will certainly increase, that is, everything leads to an increase in the cost of bitcoin.

[Renampun]

*the future price of Bitcoin will continue to be a mystery and that's for sure...
Bitcoin at a price of $ 400k is still a possibility in the future, every year Bitcoin investors continue to increase and will become a trend in the future, when the demand increases then surely its value will also increase.