How to make Bitcoin reach $400k

[Foxy1]

I think if companies convert 10% of thier cash to Bitcoin it will cause rise making it to reach $430k !

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[DarkDays]

It is a stretch as most of the large companies still don't believe in BTC. So I'm not seeing this happening any time soon.

You are right that a large amount of money needs to be put into the market to drive the price but when companies look for more certainty than BTC can offer, this no longer remains an option. Not that this has been normal until only recently, so a change in mentality is also needed.

[Poker Player]

Just wait and see. We from the forum can't influence much. The characteristics of bitcoin that will cause a sustained, long-term increase in demand, coupled with its deflationary nature, will cause it to reach that figure and surpass it.

[Theoboy]

Yes
It's true if large amount of companies adopt Bitcoin it will lead to the increase in the demand and companies won't want to be left out then do same to adopt
And we'll all know that's what leads to the rise in crypto
"Increase in demand"

[carlfebz2]

I think if companies convert 10% of thier cash to Bitcoin it will cause rise making it to reach $430k !

Even if we do open out minds into this possibility then its really still hard to believe on.We  might see that the adoption is really increasing but not into that full extent that we would able to
get the confidence and trust for most companies here in the world to allocate 10% of the reserve to Bitcoin.We know that intuitional money is already flowing into this market
but not into that full swing extent.

We do even barely able to break 40k resistance and since we've been talking about x10 of the price then it would really be needing some sort of extreme bullish news about  adoption.
Would really it really happen in our lifetime or wont? These things are in future question on yet no man can answer it  out.

[doctor877]

This is a very huge dream. I dont always think of price increment but I also envisage price drop. This is how it should. The funds that will be needed to push the price to 400k is many, and people who can bring such will not want to buy huge so they will rather wait to buy cheap and take it up.;

[kapalmabur]

I think if companies convert 10% of thier cash to Bitcoin it will cause rise making it to reach $430k !

companies are not going to buy Bitcoin at high prices, and we know that mass adoption has just happened in 2020,
yes Paypal is starting it, and what happens is Bitcoin is bullish to $ 40k, who knows who else will enter the crypto world,
is it Apple? Amazon? or even Alibaba? if many institutions or companies enter we will see the biggest bullish in crypto.

[bL4nkcode]

400k is possible only if amazon, tesla, louis vuitton, big banks and other huge/rich companies, started to accept bitcoin. But that would happen for many years considering the fomo, even 50k is too hsrd to reach right now.

[Kemarit]

400k is possible only if amazon, tesla, louis vuitton, big banks and other huge/rich companies, started to accept bitcoin. But that would happen for many years considering the fomo, even 50k is too hsrd to reach right now.

There will come a time that the exponential growth will slow down. And now that we have seen institutions and big companies entering the market, we can only say that the push is about $40,000 currently. So that will be like x10 to get to $400k, so more money is really needs. I would say that if there is a complete flip from gold bugs, we might see BTC = 6 digits in the future.

$50,000 though is very easy to hit, as we might get there this year alone. But 6 digits or even more will be harder.

[asus09]

400k is possible only if amazon, tesla, louis vuitton, big banks and other huge/rich companies, started to accept bitcoin. But that would happen for many years considering the fomo, even 50k is too hsrd to reach right now.

There will come a time that the exponential growth will slow down. And now that we have seen institutions and big companies entering the market, we can only say that the push is about $40,000 currently. So that will be like x10 to get to $400k, so more money is really needs. I would say that if there is a complete flip from gold bugs, we might see BTC = 6 digits in the future.

$50,000 though is very easy to hit, as we might get there this year alone. But 6 digits or even more will be harder.

Hit on $50,000 become easy but when bitcoin down need waiting again for several week or months, I believe bitcoin could on higher price bit need progress and not instantly bitcoin hit above $400,000. Maybe although any companies have joined and invested on bitcoin keep time for bitcoin raise to higher price how ever bigger companies joined with bitcoin will give bead effect when their assets sell you know how bitcoin price dump, better take time and waiting day by day how bitcoin price will above $50,000 few days later or bitcoin keep on under $40,000.

[Fakhrulenclix]

I think if companies convert 10% of thier cash to Bitcoin it will cause rise making it to reach $430k !

I believe that Bitcoin can reach this value, but a couple of years later maybe 4 or 8 years later, after halving for sure. And I think not only me, many people also believe that.  Remember when it was launched the price is nothing and now become so expensive. The real investor will get this price

[LogitechMouse]

I think if companies convert 10% of thier cash to Bitcoin it will cause rise making it to reach $430k !

The institutions coming in the crypto market has already created a Domino Effect thus, more and more are coming and investing into Bitcoin.
In order for this to happen, we need more and more news/developments or anything that will benefit Bitcoin and the users.

$400k is very far from the current price right now so why thinking this.

[bbc.reporter]

400k is possible only if amazon, tesla, louis vuitton, big banks and other huge/rich companies, started to accept bitcoin. But that would happen for many years considering the fomo, even 50k is too hsrd to reach right now.

I disagree. It would take less than that, I reckon. I would argue that the top 20 exchanges can coordinate a pump that might reach $400k by themselves. You see only 22% of bitcoins are presently in circulation. This is only 4.2 million coins.

Also, it might not take great effort for a market collapse if the largest holders decided to dump their coins.



That means that around 78% of the circulating Bitcoin supply is considered illiquid.

Only 4.2 million BTC (22%) are currently in constant circulation and available for buying and selling.

Source https://insights.glassnode.com/bitcoin-liquid-supply/

[acener]

We are still far from reaching even half of $100K and yet you are already thinking about $400K?
I know that it is possible but isn't it a bit too early to think about?
It would be possible if we could get the big names enter the market and promote Bitcoin just look at 2020 we had some great news and how much effect it does with the price.

[sunsilk]

You don't have to do anything, just wait a few more years. This year we'll break the $100,000 barrier and after that anything is possible.

I would agree on this, there's nothing we can do but to keep holding it and let bitcoin be adopted naturally by those companies and let them buy as much as they want. Just what Grayscale is doing, they're in the buying zone no matter what price we have.

But regards to the price of OP which is $400k, I'd be happy to wait for the $100k first before speculating more than that. $250k, $300k and $400k.

[coin-investor]

You don't have to do anything, just wait a few more years. This year we'll break the $100,000 barrier and after that anything is possible.

I would agree on this, there's nothing we can do but to keep holding it and let bitcoin be adopted naturally by those companies and let them buy as much as they want. Just what Grayscale is doing, they're in the buying zone no matter what price we have.

But regards to the price of OP which is $400k, I'd be happy to wait for the $100k first before speculating more than that. $250k, $300k and $400k.

I also agreed, things are only a matter of time those who are now part or investing now are those who used to ignore and FUDS Bitcoin, but look at them now they are the one who keeps the price from increasing, they think it's better to get in now than wait for other big companies to get in first, now we have hundreds soon we will have thousands of these institutions.

[kotajikikox]

I think if companies convert 10% of thier cash to Bitcoin it will cause rise making it to reach $430k !

So How did you get to that specific value ? 430,000 is a Huge increase for that expected but if you are too low in that value because if you are talking about the worldwide companies ? it can even make the price of bitcoin to a million or much over.
10% of businesses funds is more than how much  of the capitalization of  this market .

400k is possible only if amazon, tesla, louis vuitton, big banks and other huge/rich companies, started to accept bitcoin. But that would happen for many years considering the fomo, even 50k is too hsrd to reach right now.

Yeah accepting Bitcoin is more than enough than just putting their 10% to invest in bitcoin,so you are perfectly correct on this mate.

[michellee]

It still too far from now on, and we can only wait and see. While we still have time to make more and more bitcoin, it will be better for us to do that, so when the price reaches $400k (which I believe will happen in the future), we will make a huge profit. We can enjoy the current price and try to make more profit from trading, and with the altcoin season will come soon, I guess that will give us a chance to have many bitcoin later. If we can have many bitcoins, we will be ready to sell bitcoin at any highest price, and we will make a lot of money soon.

[rodskee]

I think if companies convert 10% of thier cash to Bitcoin it will cause rise making it to reach $430k !

Instead of thinking about this ? better to contribute how we will Lure those Businesses to invest in Bitcoin .

because while thinking of your post will only frustrate people on how this can be done so try to contribute not only by asking but also by sharing thoughts.

Because on my Part ? i am luring people around me specially those who has small businesses to try learning using our Local wallet and that wallet supports Fiat and also crypto in which we can Pay bills using that wallet or we can even Buy Mobile or other internet load , and we can even use as Loading or paying Bills business.

[Saisher]

I think if companies convert 10% of thier cash to Bitcoin it will cause rise making it to reach $430k !

If we can have at least half of the world invest in Bitcoin I'm sure Bitcoin will reach $400k or even more, just imagine everyone investing at least $20 I am not good in math but with the huge population I'm sure the demand will be high.