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Author Topic: What's your bet? how many years could bitcoin go to its highest?  (Read 621 times)
FanEagle
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May 06, 2021, 07:44:21 PM
 #41

The only problem that I see with that is that those people are coming to this market in order to only earn money and that is problem, trying to earn money is not bad as a great deal of people want to do that but when that is the only goal that you have then this is going to be problematic, right now the price of bitcoin is not moving much and instead the market of altcoins is going up, this is making even more people hesitant and they prefer to invest in those coins not understanding the huge risk they are taking.
When all traders are working for their benefits, how we can expect people not to look for profits but continue holding? I mean different people are having different goals. We cannot expect everyone to be the long term holders of bitcoin markets.

Moreover, we need all type of people to move bitcoin market to new stage. A trader buy for short term target but we need to see them like they are contributing to bitcoin market in some way in building bigger prices. Even they book profits after some time, we can expect similar people to join and to move bitcoin markets continuously. So, every type of investors are fine and needed for better bitcoin markets.
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May 10, 2021, 02:03:29 PM
 #42

I believe it will always make a ATH as long as ppl always going crazy to make profits when the price is very low.. Yes because thats what the time big investors entering the market, so no one will reject bitcoin even at the very low price in my opinion , wherein indeed ppl will take advantage the situation to obtain massive profits afterwards like what always happen.. So its impossible as its very promising as well than other crypto currency in the market.
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May 10, 2021, 04:40:31 PM
 #43

I believe it will always make a ATH as long as ppl always going crazy to make profits when the price is very low.. Yes because thats what the time big investors entering the market, so no one will reject bitcoin even at the very low price in my opinion , wherein indeed ppl will take advantage the situation to obtain massive profits afterwards like what always happen.. So its impossible as its very promising as well than other crypto currency in the market.

I bet that this year bitcoin will continue to show it's highest potential especially soaring going to the moon of the market exchange rate.
It is actually hard to predict of how long does it would take that bitcoin could maintain attaining its highest potential since we all know that bitcoin was very volatile and unpredictable.
But I do hope that this good market of bitcoin will last because new investors are coming and many opportunities had open for the adoption of bitcoin in real business.
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May 10, 2021, 07:11:43 PM
 #44

It is actually hard to predict of how long does it would take that bitcoin could maintain attaining its highest potential since we all know that bitcoin was very volatile and unpredictable.
Yeah, it is hard to predict exactly but at the same time we can speculate about what is continuously going to happen for bitcoin prices in all coming future; it will be like bitcoin price will keep rising up continuously regardless of whatever high value it will be attaining; it means there could not be any limit for the highest value for bitcoin to attain.

I believe it will always make a ATH as long as ppl always going crazy to make profits when the price is very low..
Yes, there are lots of different category of such people will be always existing to keep buying bitcoins for their own reasons. Some people will buy for payment solutions and some other people will invest as dollar weakens and some people will invest due to deflationary characteristics of bitcoin etc. So, there are multiple reasons are possible for making people to keep buying bitcoins forever.
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May 10, 2021, 09:06:42 PM
 #45

I believe it will always make a ATH as long as ppl always going crazy to make profits when the price is very low.. Yes because thats what the time big investors entering the market, so no one will reject bitcoin even at the very low price in my opinion , wherein indeed ppl will take advantage the situation to obtain massive profits afterwards like what always happen.. So its impossible as its very promising as well than other crypto currency in the market.
When it comes to highest price then this would be unknown because we cant determine on how far we've go as long the demand is there then the possibilities that it can reach out peaks.

How many years would be not able to determine and as long recognition would still continue then we can expect for new numbers that we would able to see.

When it comes to potential then theres no doubt on that but always remember about risk management if you do deal with investment.

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May 10, 2021, 10:20:30 PM
 #46

Can anyone know what’s the highest price of Bitcoin? Maybe its true that sky is the only limit and I see Bitcoin to keep pushing its price in the next 5 years but of course, expect a more volatile and corrections while aiming for the top price. Anyway, don’t focus too much on Bitcoin because there’s also a lot of good altcoins that you can invest with, better to diversify now.
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May 10, 2021, 10:26:54 PM
 #47

Can anyone know what’s the highest price of Bitcoin? Maybe its true that sky is the only limit and I see Bitcoin to keep pushing its price in the next 5 years but of course, expect a more volatile and corrections while aiming for the top price. Anyway, don’t focus too much on Bitcoin because there’s also a lot of good altcoins that you can invest with, better to diversify now.
Yes, there is a lot of potential altcoins that has highest ROI. The only thing with altcoins is the trust factor, sometimes even the much expected one goes worth nothing and takes much longer time period for growth. With bitcoin it has secured its place as a trusted investment with which one can make profit. For now I believe the next halving will bring big change in the price of bitcoin.

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May 11, 2021, 02:41:44 PM
 #48

Can anyone know what’s the highest price of Bitcoin? Maybe its true that sky is the only limit and I see Bitcoin to keep pushing its price in the next 5 years but of course, expect a more volatile and corrections while aiming for the top price. Anyway, don’t focus too much on Bitcoin because there’s also a lot of good altcoins that you can invest with, better to diversify now.
the greater the confidence of investors and traders in bitcoin, of course, the more it will increase the price of bitcoin in the future, and of course the factor of bitcoin supply which continues to decrease from time to time which will also trigger the movement of bitcoin prices to become more expensive, I cannot say for sure the value of bitcoin in the future, but of course if we have a long life, of course we can see for ourselves how high the price of bitcoin will be and when that happened, I hope we all have at least 1 BTC as an inheritance that we can give to our children and grandchildren later.

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May 11, 2021, 05:33:06 PM
 #49

As long as you are measuring bitcoin price in fiat terms the answer is always or basically as long as fiat exists and it is inflationary because as they keep printing more fiat and dump its value, bitcoin price against it will continue to rise. Since I don't see fiat going anywhere or governments changing their crazy money printing policy, bitcoin will always keep going up.

But if we measure "value" of bitcoin instead of just its price against fiat, then it is a matter of mass adoption. And I believe that mass adoption needs at least another decade to be fully reached and until then we will have a bullish bitcoin.
In short term it will of course have big rise and falls like we have been seeing in the past 12 years.
This is a compelling argument, the current model in which governments can print as much money as they want, or least that is what they believe, basically makes that any valuable asset is always going up in price over the long term, however it may come up a point in time in which bitcoin reaches its maximum value, which is not the same as its price, and that day will only come when worldwide adoption becomes a reality, but it is difficult to know what that value will be.
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May 11, 2021, 06:21:33 PM
 #50

it may come up a point in time in which bitcoin reaches its maximum value, which is not the same as its price, and that day will only come when worldwide adoption becomes a reality
That would be the final stage bitcoin going to attain after century of years time. Because, there are practical limitations for bitcoin prices to keep increasing; after certain levels we cannot expect bitcoin remains to be into bullish mode all the time but it will help bitcoin to be stable after that. When it is trading stable, more people will be preferring it to adopt which might lead to mainstream adoption.

So, whatever the policies government are having against printing fiats that will definitely lead to making bitcoin into mainstream one day or other. Here the highest value of bitcoin still unpredictable like how gold is doing right now even after centuries of time.

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May 11, 2021, 10:53:58 PM
 #51

Can anyone know what’s the highest price of Bitcoin?
No one knows the possible highest price of a crypto coin, including Bitcoin. It is determined by the demand and supply in the market. Also, it can be influenced by some factors such as issues, trends, and events like halvings. I think we don't need to know the exact number of the possible highest price of Bitcoin. As long as it is growing, then it is no problem to have it.

don’t focus too much on Bitcoin because there’s also a lot of good altcoins
Indeed. There are many good altcoins. I am sure an experienced investor or trader won't focus on Bitcoin only. He/she must be aware of other potential profits got from altcoins. Remember that Bitcoin isn't always increasing its price and brings profits, sometimes it drops and we need alternative coins to earn money.


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May 11, 2021, 11:33:36 PM
 #52

I would bet ten years until bitcoin come to a point it gets to maturity of highest value. Nowadays, this is just the asset that will be considered stable despite of market volatility. Unlike the uprising projects which is the altcoins, bitcoin remarkably performed amazingly for the past years.
That's why I am thinking more productive years which eventually going to happen starting this year and so on. I couldn't say an specific price, because it remains unknown and still a big riddle to be revealed in the future.
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May 12, 2021, 02:03:35 AM
 #53

I would bet ten years until bitcoin come to a point it gets to maturity of highest value. Nowadays, this is just the asset that will be considered stable despite of market volatility. Unlike the uprising projects which is the altcoins, bitcoin remarkably performed amazingly for the past years.

It's because bitcoin is the first and what we call prime movers, so they are doing remarkably well in the first 10 years and chances are in the next 10, we might see a massive increase in the price.

That's why I am thinking more productive years which eventually going to happen starting this year and so on. I couldn't say an specific price, because it remains unknown and still a big riddle to be revealed in the future.

Bitcoin has this 'halving', this alone will push the price higher, and probably we just see the tip of the price as it can go to x10 ++ in the next coming halvings. I don't think it is a riddle, it's more of question what price will it achieved down the line.

 
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May 12, 2021, 07:41:16 AM
 #54

I am of the opinion that the current bull run will last all through this year and probably the first quarter of next year. This is due to the fact that alt season is just warming up and have not really started, so we still have months to go. This year night be all green, before we are going to experience any major corrections that can be up to 30%

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May 12, 2021, 05:13:53 PM
 #55

We do not know the right answer and all of that will be speculations from us because we have our own hope to see bitcoin will reach the highest in a short time.
It could be 5 years, 10 years or even 15 years later bitcoin will reach the highest price, but we should know that we must prepare for that by trying to make more and more bitcoin from now on.
This year is a good time for bitcoin because we see the price now can increase more than $50k and who knows, in the next months, the price can jump to $100k.
But still, that is a mystery and we can only wait for that by trying to have many bitcoins.

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May 12, 2021, 07:56:42 PM
 #56

We do not know the right answer and all of that will be speculations from us because we have our own hope to see bitcoin will reach the highest in a short time.
It could be 5 years, 10 years or even 15 years later bitcoin will reach the highest price, but we should know that we must prepare for that by trying to make more and more bitcoin from now on.
This year is a good time for bitcoin because we see the price now can increase more than $50k and who knows, in the next months, the price can jump to $100k.
But still, that is a mystery and we can only wait for that by trying to have many bitcoins.
Not really that interested much when it comes to future talks in regards with the price because nothing is assured because anything could happen on least expected.

Thing here is that we do hope for more adoption and recognition because this is where the value would really be depending on.Doesnt need to make bets nor

in a hurry because everything would come in line and we do just need to wait for it to happen.

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May 13, 2021, 02:55:34 AM
 #57

We do not know the right answer and all of that will be speculations from us because we have our own hope to see bitcoin will reach the highest in a short time.
It could be 5 years, 10 years or even 15 years later bitcoin will reach the highest price, but we should know that we must prepare for that by trying to make more and more bitcoin from now on.
This year is a good time for bitcoin because we see the price now can increase more than $50k and who knows, in the next months, the price can jump to $100k.
But still, that is a mystery and we can only wait for that by trying to have many bitcoins.
Not really that interested much when it comes to future talks in regards with the price because nothing is assured because anything could happen on least expected.

Thing here is that we do hope for more adoption and recognition because this is where the value would really be depending on.Doesnt need to make bets nor in a hurry because everything would come in line and we do just need to wait for it to happen.
Indeed. We do not know what will happen in the future, and even if we speculate what can happen, we still do not know for sure.
The adoption will continue and grow as we see now that the crypto has become more popular than in a few years ago, so we can expect it to grow and reach more people from this year and the next years.
If we only think about the future but do not do something, we will be too late to act and we will not have a chance to join with that.
When the adoption can grow, it will impact the value and people will see the new way to have something better for their finances.

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May 15, 2021, 05:39:47 PM
 #58

it may come up a point in time in which bitcoin reaches its maximum value, which is not the same as its price, and that day will only come when worldwide adoption becomes a reality
That would be the final stage bitcoin going to attain after century of years time. Because, there are practical limitations for bitcoin prices to keep increasing; after certain levels we cannot expect bitcoin remains to be into bullish mode all the time but it will help bitcoin to be stable after that. When it is trading stable, more people will be preferring it to adopt which might lead to mainstream adoption.

So, whatever the policies government are having against printing fiats that will definitely lead to making bitcoin into mainstream one day or other. Here the highest value of bitcoin still unpredictable like how gold is doing right now even after centuries of time.
I am aware that day is very far away but even if we think we are not going to see it during our lifetimes at the same time we need to understand that if things keep going in this direction then an economic crisis is inevitable, one that will be way bigger than anything we have seen before and when that happens people are going to try to find a way to protect themselves and bitcoin could be a very good alternative under those circumstances.
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May 16, 2021, 07:05:44 PM
 #59

worldwide adoption

mainstream adoption

How do you define mainstream/worldwide adoption? Has this not already happened?
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