Theoboy (OP)
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February 22, 2021, 09:06:29 AM |
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Skybridge capital founder(Anthony Scaramuc) predicts Bitcoin to hit another ATH of $100k before the end of the year His words in quote were "I do think we see $100,000 in this coin before year-end … It’s just a supply and demand situation. You don’t have a lot of supply out there and very heavy demand" And we know total Bitcoin available is 21 million where 78%(14.5 million) of the Bitcoin supply is not liquid leaving 22%(4.2 million) for buying and selling; Which will lead to the higher demand in Bitcoin and according to the skybridge founder low supply high demand keeps Bitcoin rising Source: https://news.bitcoin.com/skybridge-capital-predicts-100k-bitcoin-price-this-year-heavy-demand-diminishing-supply/
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blockman
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February 22, 2021, 10:06:30 AM |
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He's right about the demand and supply of bitcoin. We also knew it, he just shared something basic that every bitcoin person knows but for those people that are still doubting it, that's good info that they have to think of. He should have said the lost bitcoins forever and what's the impact of it regarding the supply.
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bitzizzix
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February 22, 2021, 10:49:41 AM |
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That's right, and after institutional investors started investing in bitcoin, there were a lot of positive comments about bitcoin and lots of good news from big players, well-known companies, and so on that raised bitcoin prices which I think will continue. The future of bitcoin is also seen as brighter than other assets, the supply and demand of bitcoin will continue to increase the price of bitcoin to reach its next all-time high.
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oktana
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February 22, 2021, 11:20:58 AM |
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Bitcoin seems to be moving with so much good vibes, and to me, the 100k, I'm not up to 50% sure to predict such. I have personal reasons to that. But this doesn't mean it's not possible. Bitcoin has been doing new ATHs, it can for sure do it.
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buwaytress
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February 22, 2021, 11:42:13 AM |
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I do share the opinion (and yeah, I know, it's got to be a majority opinion by now) but I wonder what does happen if Bitcoin doesn't get to $100k this year? People like me won't be swayed. It's a matter of time, years we're prepared to wait for, we always have been. But I imagine the same situation 4 years ago when people were let down when Bitcoin "only" hit 20k and couldn't even hold on for long.
We're seeing 100k BTC and 6k ETH predictions just flying off the gates now. The despair if those don't happen? Oh how many will be in for it.
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Flor1982
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February 22, 2021, 11:54:30 AM Last edit: February 22, 2021, 12:16:16 PM by Flor1982 |
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Bitcoins have been doing quite well during this year despite the pandemic. Cryptocurrencies like Ethereum and Binance coin are expecting to grow great by this year too. As a positive change, Bitcoins have been showing a higher value than $50,000 for the first time. So, probably it might reach that value.
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maculeth
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February 22, 2021, 12:05:58 PM |
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supply demands, market cap, trends, indeed make everyone optimistic that bitcoin will always go up. but remember, we have experienced bad things when at the end of 2017 we hoped that it would rise higher, it fell. What does it mean? Bitcoin will always change according to the current trend, for now Elon Musk is the main reason.
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masterrex
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February 22, 2021, 12:37:22 PM |
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I hope that those predictions will come true, because I believe that $100K per Bitcoin is already expensive and only a few can afford it unless all of the buyers are coming from the institutional circles by the way all of that predictions will remain as speculation until it will happen in reality but we are all witnesses on how the Bitcoin price reaches the $50K level from the previous All-time high, of $20K which is mean that $100K price per BTC is also possible to achieve.
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Red Pie
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February 22, 2021, 12:42:49 PM |
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Even if the new week starts with a decline, bitcoin will surely rise again. we may be able to see new ATH values. Thinking that way, it wouldn't be a surprise if a $ 100,000 ATH is reached before 2021 ends. If we look at the balance of supply and demand in bitcoin, the demand is seen to be increasing. I think 100k dollars can be seen once the demand is met.
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matjas
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February 22, 2021, 12:58:48 PM |
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Even if the new week starts with a decline, bitcoin will surely rise again. we may be able to see new ATH values. Thinking that way, it wouldn't be a surprise if a $ 100,000 ATH is reached before 2021 ends. If we look at the balance of supply and demand in bitcoin, the demand is seen to be increasing. I think 100k dollars can be seen once the demand is met.
Indeed it looks like this week will start in red, like many more mondays in the past. I wanted to mention Biden´s stimulus $1,9 trillion package which will likely going to be approved in the middle March. When US citizens recieve stimulus checks, i am sure a lot of those dollars will go to crytpo and we might see a huge boost just from that.
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pinggoki
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February 22, 2021, 01:10:44 PM |
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Skybridge capital founder(Anthony Scaramuc) predicts Bitcoin to hit another ATH of $100k before the end of the year His words in quote were "I do think we see $100,000 in this coin before year-end … It’s just a supply and demand situation. You don’t have a lot of supply out there and very heavy demand" And we know total Bitcoin available is 21 million where 78%(14.5 million) of the Bitcoin supply is not liquid leaving 22%(4.2 million) for buying and selling; Which will lead to the higher demand in Bitcoin and according to the skybridge founder low supply high demand keeps Bitcoin rising Source: https://news.bitcoin.com/skybridge-capital-predicts-100k-bitcoin-price-this-year-heavy-demand-diminishing-supply/Actually I am thinking if this hype in bitcoin will continue throughout this year and if this hype will last until the end of the year, if this happens there's a lot of possibility that the bitcoin will make a new ath at the price of $100,000 which is really possible especially right now that the bitcoin is nearly to create again a new ath which is $60,000. As what is happening right now that many famous people are continuing the hype of the bitcoin then there is really a chance that it might hit $100k.
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btc_angela
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February 22, 2021, 01:36:32 PM |
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Bitcoin seems to be moving with so much good vibes, and to me, the 100k, I'm not up to 50% sure to predict such. I have personal reasons to that. But this doesn't mean it's not possible. Bitcoin has been doing new ATHs, it can for sure do it.
Its' because we are in a bullish sentiments, look at the fear and greed index, https://alternative.me/crypto/fear-and-greed-index/I do share the opinion (and yeah, I know, it's got to be a majority opinion by now) but I wonder what does happen if Bitcoin doesn't get to $100k this year? People like me won't be swayed. It's a matter of time, years we're prepared to wait for, we always have been. But I imagine the same situation 4 years ago when people were let down when Bitcoin "only" hit 20k and couldn't even hold on for long.
I guess for those who have witnessed the bull run in 2017 and the following bearish trend in 2018-2019 won't be swayed but will take advantage of the opportunity because they have seen what's the potential of bitcoin in the future. We should learn our lessons in the past and think ahead.
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michellee
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February 22, 2021, 01:37:14 PM |
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We will see a big demand for bitcoin by the institutional and big company. Maybe they see the potential of bitcoin to be the next commodity besides the other commodity. So there is a chance for bitcoin to increase, and the $100k can be the next high price for bitcoin to reach, and it could happen before the end of this year. We need to watch the bitcoin price up to and down and not be late to take profit before the price is down. We can also prepare our money to buy bitcoin if the price is down.
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ashmodeus
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February 22, 2021, 02:03:55 PM |
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its can be true , even soon when the market crash happen , we will see that if bitcoin still have the own way like what happen now, and become the biggest survived asset on economic crash. For now, price stability seems to depend on the recent sentiment like institution , paypal , mastercard etc etc.
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Raflesia
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February 22, 2021, 03:04:00 PM |
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We're seeing 100k BTC and 6k ETH predictions just flying off the gates now. The despair if those don't happen? Oh how many will be in for it.
Many people want higher prices. Will this be 100k half of the current price while this is only in the first quarter? If the market is in good condition then I'm sure people like it more and even institutions will take part in the influence of bitcoin, but it's a very high delusion when people think positively about this then we need to realize that the full price of bitcoin it fluctuates and bubbles.
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Casdinyard
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February 22, 2021, 03:05:07 PM |
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I am one of those people who will say, it is still hard to tell. Indeed the market at this moment is overwhelming given that the market price is still more than twice its ATH wayback 2017. But it is still too early to speculate such thing. The market price is already half of this price mark but we have no certainty that the market value will be continuously increasing for the rest of the year. Even at this point we are seeing a $5k downfall in its price which is I think enough to tell that the increase we are anticipating won't be consistent. But if this will meet the reality, investing at this point will be a huge advantage. Problem is, we just cannot really tell.
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Poker Player
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February 22, 2021, 03:29:30 PM |
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At this point is there any credible prediction saying that we are not going to reach that mark? Only bitcoin haters and nocoiners say that. This is the most likely scenario and the surprising thing would be to see an analysis from someone who understands Bitcoin and its market saying we won't get there.
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AakZaki
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February 22, 2021, 03:38:44 PM |
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nothing is impossible, in the world of cryptocurrency everything can happen overnight. Bitcoin prices of up to $ 1 million might happen but who knows when, the time cannot be predicted. Currently, the price of bitcoin is very high. Before hitting $ 1 million bitcoins will still cost $ 100k. There has been much speculation about the price of bitcoin. This is still the beginning, Bitcoin is still growing. Bitcoin is becoming a valuable digital currency today.
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ice098
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February 22, 2021, 03:41:58 PM |
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nothing is impossible, in the world of cryptocurrency everything can happen overnight. Bitcoin prices of up to $ 1 million might happen but who knows when, the time cannot be predicted. Currently, the price of bitcoin is very high. Before hitting $ 1 million bitcoins will still cost $ 100k. There has been much speculation about the price of bitcoin. This is still the beginning, Bitcoin is still growing. Bitcoin is becoming a valuable digital currency today.
Yes I agree, I think with this continuos adaptation of business owners, well known personalities or influencers it will greatly affects the bitcoin price and before this year ends our bitcoin price will go higher than our current price now and soon we will all go to the moon as we rich $100,000 mark price, I just wish that altcoins will went up higher than today as well so I am still holding many of it especially $ETH, $BNB and $DOT .
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