Elsavador President Predicting $100,000 Bitcoin price looks like another joke

[AmoreJaz]

Everyone has the right to express their point of view. Unfortunately, Naib Bukele is not Elon Musk. Naib Bukele's words did not have the same effect. Rather, on the contrary, the price of bitcoin has dropped dramatically over several days of the new year.
No one can know if bitcoin will reach a price of one hundred thousand dollars and when it will. Bukele's words should be taken simply as a New Year's wish.

I doubt the market moved at all due to his statements, after all while some figures have the power to move the markets on their own, like Elon, the more they use that power the more ineffective it becomes, so the current dip that we are seeing in the market of cryptocurrencies has nothing to do with him, and anyone expecting that somehow his statements alone will be enough to move the market are completely wrong about their expectations.

it may be joke today but who knows sooner or later, btc will indeed reach its 100k value. the difference is it was not achieved last year. but i strongly believe that we still have the chance to reach 100k in the near future.
just think of this example, way back in 2010 or in early days of btc, if someone predicted that btc will attain 50k value, what do you think will be the response of the community? so basically, it is the same. but he should have not said the date or time frame.

[pinggoki]

Why do people take the prediction seriously, where in the definition of prediction does it say that it has to be a fact? Pretty sure that it doesn't have that in the definition so I don't get why people are mad that it didn't reach that point which had been obvious that it won't when the bitcoin market was still red during Christmas. Hopefully, the people of El Salvador won't lose hope and hold on to the fact that bitcoin's going to go to 100k or even beyond that.

[Mpamaegbu]

Why do people take the prediction seriously, where in the definition of prediction does it say that it has to be a fact? Pretty sure that it doesn't have that in the definition so I don't get why people are mad that it didn't reach that point which had been obvious that it won't when the bitcoin market was still red during Christmas.

The crypto industry is a highly speculative one and as such I don't see predictions as an out of place thing with it. Whether predictions come to pass or not, I still don't see anything wrong with it. The El Salvadorian president was orgasmic when he made that prediction. We should talk about him in the light that his country has given full support to Bitcoin and not about his prediction. If only several countries will join in that line of Bitcoin adoption we wouldn't be talking of what failed and what didn't now.

Hopefully, the people of El Salvador won't lose hope and hold on to the fact that bitcoin's going to go to 100k or even beyond that.

This is even the one that worries me most in all that. I frankly hope the citizens don't revert.

[Wilhelm]

The same will happen as did with expecting $10k it will hit it and due to momentum surpass it at an insane rate.
Expect $190k and a hard blow-off at the top...

[Slow death]

The same will happen as did with expecting $10k it will hit it and due to momentum surpass it at an insane rate.
Expect $190k and a hard blow-off at the top...

It's true that getting to 100K is not impossible, actually it's an easy thing to get but that won't be as soon as the president of El salvador hopes, I assume he's doing this price forecast because he bought a lot of bitcoin for the price of  $42000 and now he's at high losses unless the price goes up a lot, that's why he's trying to convince 100K people to buy a lot of people and the price goes up a lot and he's not at the loss anymore

[Oilacris]

The same will happen as did with expecting $10k it will hit it and due to momentum surpass it at an insane rate.
Expect $190k and a hard blow-off at the top...

It's true that getting to 100K is not impossible, actually it's an easy thing to get but that won't be as soon as the president of El salvador hopes, I assume he's doing this price forecast because he bought a lot of bitcoin for the price of  $42000 and now he's at high losses unless the price goes up a lot, that's why he's trying to convince 100K people to buy a lot of people and the price goes up a lot and he's not at the loss anymore

It would surely be a bumpy ride but doesnt mean that it cant be reached out and we are just +30k away with that price and we know on Bitcoins potential isnt something that you could just ignore because this thing do continue to surprise us over the years that we are heading on.

Even though there would be no assurance about the future thats why its still a risk taking to be made whenever you do really trust up Bitcoin in future years to come.

I cant blame out El Salvadors President point of view about that price yet they had already made out big decisions on making btc as a legal tender which its understandable
that he would really be that optimistic.

[stadus]

The same will happen as did with expecting $10k it will hit it and due to momentum surpass it at an insane rate.
Expect $190k and a hard blow-off at the top...

It's true that getting to 100K is not impossible, actually it's an easy thing to get but that won't be as soon as the president of El salvador hopes, I assume he's doing this price forecast because he bought a lot of bitcoin for the price of  $42000 and now he's at high losses unless the price goes up a lot, that's why he's trying to convince 100K people to buy a lot of people and the price goes up a lot and he's not at the loss anymore

It would surely be a bumpy ride but doesnt mean that it cant be reached out and we are just +30k away with that price and we know on Bitcoins potential isnt something that you could just ignore because this thing do continue to surprise us over the years that we are heading on.

Even though there would be no assurance about the future thats why its still a risk taking to be made whenever you do really trust up Bitcoin in future years to come.

I cant blame out El Salvadors President point of view about that price yet they had already made out big decisions on making btc as a legal tender which its understandable
that he would really be that optimistic.

And i think being optimistic despite of the continuous bearish market is the best thing to do so we can always be motivated to grab every chances to make profits that comes. And when bearish season will be over, predicting bitcoin to reach $100k will always be possible as bitcoin is bound to give us higher value in every year that comes. It may not happen this year, but definitely it will soon to happen by next year. So we have to keep our faith in bitcoin and continue to be patient as much as possible.

[sarmrakib]

The same will happen as did with expecting $10k it will hit it and due to momentum surpass it at an insane rate.
Expect $190k and a hard blow-off at the top...

It's true that getting to 100K is not impossible, actually it's an easy thing to get but that won't be as soon as the president of El salvador hopes, I assume he's doing this price forecast because he bought a lot of bitcoin for the price of  $42000 and now he's at high losses unless the price goes up a lot, that's why he's trying to convince 100K people to buy a lot of people and the price goes up a lot and he's not at the loss anymore

I was really surprised when he make it legal as a currency in his country .I think he didn't calculate everything on right way .However i didn't find any real source where he really has given a statement like this if it is true i think you were right on your thought .We all know that the president has bought huge amount of btc and he will surely expect that it will give him a good return .The recent situation are getting tough and he is in huge loss may be he could try to draw the investor eye to invest on it and he could exit from his position .However he might hold his asset until get a good return .Anything can be possible cause we can't certainly read his mind .We all know btc is a big asset for all of us we need to hold our asset until it reach a good level .I think Mr.President will not get panicked and i hope he will hold his valuable asset .

[Devifajarina]

On 31st December, new year Eve a number of people started making jest of the $100k BTC price prediction as one of the biggest lie of 2021 and they made jokes of it.

Yea, Bitcoin came close $69k making it very hard to totally write off the prediction though it didn't meet, but then it was somewhat reasonable but ended 47k at the end of 2021 not even on half mark of $50k.

But as a new year reassurance for 2022 Elsavador president Nayib Bukele predict once again that BTC will hit $100,000.

The figure above looks funny to some people, I won't lie I have doubts for that too...lol!...but what do I know, I'm just a beginner in this whole thingy.

What do you guys think of BTC in 2022?

There is no doubt for Bitcoin for the people who know him, Bitcoin's journey from the past until now has represented a variety of conditions, predictions in 2021 will never be much different from 2022, where many people believe, Bitcoin will touch at the price you mentioned, Elsavador has predicted once more about Bitcoin prices, but whether this time it will succeed or not, it is very dependent on Bitcoin's journey in January, February and March ahead, but I believe in the next April Bitcoin will reach at the maximum price.

[sana54210]

i think being optimistic despite of the continuous bearish market is the best thing to do so we can always be motivated to grab every chances to make profits that comes. And when bearish season will be over, predicting bitcoin to reach $100k will always be possible as bitcoin is bound to give us higher value in every year that comes. It may not happen this year, but definitely it will soon to happen by next year. So we have to keep our faith in bitcoin and continue to be patient as much as possible.

These type of people are the ones that keep talking about their profits when the price goes up. All the people who sell during this period and say "what if it goes even lower?" are the same people who keep saying "I wish I bought earlier" as well. If you are saying you wished you bought at 2009, or 2016, or 2019 then you are also the same person who will say you wish you bought at 2022 as well.

President is doing something right, not sure how big El Salvador can get with this, it is pretty obvious that they are not a wealthy nation and they are investing lesser than some big hedge funds in USA, so they can't even be compared to governments but at the end of the day it is still a good move and they will be the ones who enjoy the benefits when the price goes to 100k+, I am not saying "if" here, I am saying when it goes to 100k+ because sooner or later it will.

[Devifajarina]

i think being optimistic despite of the continuous bearish market is the best thing to do so we can always be motivated to grab every chances to make profits that comes. And when bearish season will be over, predicting bitcoin to reach $100k will always be possible as bitcoin is bound to give us higher value in every year that comes. It may not happen this year, but definitely it will soon to happen by next year. So we have to keep our faith in bitcoin and continue to be patient as much as possible.

These type of people are the ones that keep talking about their profits when the price goes up. All the people who sell during this period and say "what if it goes even lower?" are the same people who keep saying "I wish I bought earlier" as well. If you are saying you wished you bought at 2009, or 2016, or 2019 then you are also the same person who will say you wish you bought at 2022 as well.

President is doing something right, not sure how big El Salvador can get with this, it is pretty obvious that they are not a wealthy nation and they are investing lesser than some big hedge funds in USA, so they can't even be compared to governments but at the end of the day it is still a good move and they will be the ones who enjoy the benefits when the price goes to 100k+, I am not saying "if" here, I am saying when it goes to 100k+ because sooner or later it will.

That's how it is free of people in making analysis in Crypto, even they try to influence people in these speculations, which in fact market conditions are different from what they convey, we understand that this is just a matter of how to get profits, but we cannot avoid it, but Not so sure of what they say, because the analysis itself is needed to start investment.

El Salvador is not a country that can make decisions to influence Crypto, in this case they are also the same as people usually, that means whatever they say, it does not fully be used as a source of reference, most importantly I think look at opportunities, trends and market movements on the path correct.

[Devifajarina]

i think being optimistic despite of the continuous bearish market is the best thing to do so we can always be motivated to grab every chances to make profits that comes. And when bearish season will be over, predicting bitcoin to reach $100k will always be possible as bitcoin is bound to give us higher value in every year that comes. It may not happen this year, but definitely it will soon to happen by next year. So we have to keep our faith in bitcoin and continue to be patient as much as possible.

These type of people are the ones that keep talking about their profits when the price goes up. All the people who sell during this period and say "what if it goes even lower?" are the same people who keep saying "I wish I bought earlier" as well. If you are saying you wished you bought at 2009, or 2016, or 2019 then you are also the same person who will say you wish you bought at 2022 as well.

President is doing something right, not sure how big El Salvador can get with this, it is pretty obvious that they are not a wealthy nation and they are investing lesser than some big hedge funds in USA, so they can't even be compared to governments but at the end of the day it is still a good move and they will be the ones who enjoy the benefits when the price goes to 100k+, I am not saying "if" here, I am saying when it goes to 100k+ because sooner or later it will.

That's how it is free of people in making analysis in Crypto, even they try to influence people in these speculations, which in fact market conditions are different from what they convey, we understand that this is just a matter of how to get profits, but we cannot avoid it, but Not so sure of what they say, because the analysis itself is needed to start investment.

El Salvador is not a country that can make decisions to influence Crypto, in this case they are also the same as people usually, that means whatever they say, it does not fully be used as a source of reference, most importantly I think look at opportunities, trends and market movements on the path correct.

Freedom must follow the journey process, meaning we can't make analysis and then reveal it in public without reference, this will have an impact on beginners, that's why following trends and speculations that people make is not true, El Salvador is a country that does not have great access in crypto, they also have similarities with ordinary people, but speaking of this influence that distinguishes us from El Salvador, maybe the right step is the ability to make choices, opportunities and opportunities to invest.

But the crypto space has that freedom, nothing can facilitate people from doing analysis and then revealing it in the public sphere, the problem is that beginners must have their own knowledge in investing, following people's speculations will never make them successful, we can't ignore El Salvador, even though they have little influence on the crypto journey in general Bitcoin in particular, the most important thing in my opinion is caution and foresight in seeing opportunities, so that we are ready in any condition.

[Silberman]

it may be joke today but who knows sooner or later, btc will indeed reach its 100k value. the difference is it was not achieved last year. but i strongly believe that we still have the chance to reach 100k in the near future.
just think of this example, way back in 2010 or in early days of btc, if someone predicted that btc will attain 50k value, what do you think will be the response of the community? so basically, it is the same. but he should have not said the date or time frame.

Probably the only ones that think of this as a joke are the ones that do not really understand the potential of bitcoin, how long ago people thought that reaching 1000, 10000, 20000, 50000 was impossible? And yet bitcoin reached those milestones, so I do not see how bitcoin reaching 100000 should be something that could be considered it a joke, maybe it wont happen this year but at some point in the future it will definitely happen, silencing once again the critics of bitcoin that want it to fail just because bitcoin goes against their self-interests.

[tygeade]

Bitcoin came close $69k making it very hard to totally write off the prediction though it didn't meet, but then it was somewhat reasonable but ended 47k at the end of 2021 not even on half mark of $50k.

But as a new year reassurance for 2022 Elsavador president Nayib Bukele predict once again that BTC will hit $100,000.

The figure above looks funny to some people, I won't lie I have doubts for that too...lol!...but what do I know, I'm just a beginner in this whole thingy.

People will always be against governments getting involved but this is not really a bad one. We have a nation with a president who thinks that bitcoin will be a high priced thing in the near future. Why would that be bad and why would you say anything bad about this president? I do not know him, maybe he is a terrible president to his nation and that is why he is not liked, but the crypto part of him so far has been good for us.

We need people like him to promote crypto constantly, people with power, people with money, so that we could be doing a lot better in the long run. I hope that many other presidents would take crypto and make it a legal tender and hope that it will be 100k+, that will help us out a lot.

[Quidat]

Bitcoin came close $69k making it very hard to totally write off the prediction though it didn't meet, but then it was somewhat reasonable but ended 47k at the end of 2021 not even on half mark of $50k.

But as a new year reassurance for 2022 Elsavador president Nayib Bukele predict once again that BTC will hit $100,000.

The figure above looks funny to some people, I won't lie I have doubts for that too...lol!...but what do I know, I'm just a beginner in this whole thingy.

People will always be against governments getting involved but this is not really a bad one. We have a nation with a president who thinks that bitcoin will be a high priced thing in the near future. Why would that be bad and why would you say anything bad about this president? I do not know him, maybe he is a terrible president to his nation and that is why he is not liked, but the crypto part of him so far has been good for us.

We need people like him to promote crypto constantly, people with power, people with money, so that we could be doing a lot better in the long run. I hope that many other presidents would take crypto and make it a legal tender and hope that it will be 100k+, that will help us out a lot.

The ones who do made out criticisms are the ones who do hate up bitcoin or crypto as a whole but as a crypto supporter then you would really see these things to be great.
Recognition and adoption is one of the most important things on why we would really progress out in terms of it. $100k might be a joke on some but considering its
previous or recent ATH then we are almost there and 30k+ price isnt really that much too far off. We do have our own points on calling for possible price
even though its all prediction and i dont see anything bad about it.

[Kemarit]

Bitcoin came close $69k making it very hard to totally write off the prediction though it didn't meet, but then it was somewhat reasonable but ended 47k at the end of 2021 not even on half mark of $50k.

But as a new year reassurance for 2022 Elsavador president Nayib Bukele predict once again that BTC will hit $100,000.

The figure above looks funny to some people, I won't lie I have doubts for that too...lol!...but what do I know, I'm just a beginner in this whole thingy.

People will always be against governments getting involved but this is not really a bad one. We have a nation with a president who thinks that bitcoin will be a high priced thing in the near future. Why would that be bad and why would you say anything bad about this president? I do not know him, maybe he is a terrible president to his nation and that is why he is not liked, but the crypto part of him so far has been good for us.

We need people like him to promote crypto constantly, people with power, people with money, so that we could be doing a lot better in the long run. I hope that many other presidents would take crypto and make it a legal tender and hope that it will be 100k+, that will help us out a lot.

The ones who do made out criticisms are the ones who do hate up bitcoin or crypto as a whole but as a crypto supporter then you would really see these things to be great.
Recognition and adoption is one of the most important things on why we would really progress out in terms of it. $100k might be a joke on some but considering its
previous or recent ATH then we are almost there and 30k+ price isnt really that much too far off. We do have our own points on calling for possible price
even though its all prediction and i dont see anything bad about it.

I guess we really need to be honest, right now $100,000 is out of the picture.

But for sure, we are going to hit that price, maybe in the next post halving, that price will be within that range because we are going to see a bull run by that time.

For sure who are perma-bears, sure they won't like to see the price going into 6 digits, but Bitcoin is so resilient and we have survived many test in the past already. They won't stop the Bitcoin market from achieving that 6 digit goal in the future.

[CryptoYar]

What do you guys think of BTC in 2022?

I do not take any such prediction as a joke or pay attention. But the fact is $100k isn't an impossible mark for bitcoin however, it might take sometime either in 2022 or 2023 but it's possible.

[Devifajarina]

i think being optimistic despite of the continuous bearish market is the best thing to do so we can always be motivated to grab every chances to make profits that comes. And when bearish season will be over, predicting bitcoin to reach $100k will always be possible as bitcoin is bound to give us higher value in every year that comes. It may not happen this year, but definitely it will soon to happen by next year. So we have to keep our faith in bitcoin and continue to be patient as much as possible.

These type of people are the ones that keep talking about their profits when the price goes up. All the people who sell during this period and say "what if it goes even lower?" are the same people who keep saying "I wish I bought earlier" as well. If you are saying you wished you bought at 2009, or 2016, or 2019 then you are also the same person who will say you wish you bought at 2022 as well.

President is doing something right, not sure how big El Salvador can get with this, it is pretty obvious that they are not a wealthy nation and they are investing lesser than some big hedge funds in USA, so they can't even be compared to governments but at the end of the day it is still a good move and they will be the ones who enjoy the benefits when the price goes to 100k+, I am not saying "if" here, I am saying when it goes to 100k+ because sooner or later it will.

That's how it is free of people in making analysis in Crypto, even they try to influence people in these speculations, which in fact market conditions are different from what they convey, we understand that this is just a matter of how to get profits, but we cannot avoid it, but Not so sure of what they say, because the analysis itself is needed to start investment.

El Salvador is not a country that can make decisions to influence Crypto, in this case they are also the same as people usually, that means whatever they say, it does not fully be used as a source of reference, most importantly I think look at opportunities, trends and market movements on the path correct.

Freedom must follow the journey process, meaning we can't make analysis and then reveal it in public without reference, this will have an impact on beginners, that's why following trends and speculations that people make is not true, El Salvador is a country that does not have great access in crypto, they also have similarities with ordinary people, but speaking of this influence that distinguishes us from El Salvador, maybe the right step is the ability to make choices, opportunities and opportunities to invest.

But the crypto space has that freedom, nothing can facilitate people from doing analysis and then revealing it in the public sphere, the problem is that beginners must have their own knowledge in investing, following people's speculations will never make them successful, we can't ignore El Salvador, even though they have little influence on the crypto journey in general Bitcoin in particular, the most important thing in my opinion is caution and foresight in seeing opportunities, so that we are ready in any condition.

Even if there is freedom, I think we also have to have ethics when we make a study and then convey it to the public, considering that many beginners will be trapped by the speculations that people convey, as well as El Salvador, which is a unitary state that has started to legalize bitcoin, but not means that their speculations can be received correctly, when they try to play any issue, come back to what you said, Prudence and a way of seeing opportunities are needed in the crypto space, so that our investments are really useful and profitable.

Not everything is forced by personal abilities in the crypto space, because actually people here are free to conduct studies and speculations, and in my opinion beginners also don't fully accept the information and then apply it in practice, interestingly the current crypto condition, many countries are getting interested in getting involved in investment or anything else, so let that freedom be born by itself, the focus and way of seeing opportunities must be in each individual.

[lizarder]

On 31st December, new year Eve a number of people started making jest of the $100k BTC price prediction as one of the biggest lie of 2021 and they made jokes of it.

Yea, Bitcoin came close $69k making it very hard to totally write off the prediction though it didn't meet, but then it was somewhat reasonable but ended 47k at the end of 2021 not even on half mark of $50k.

But as a new year reassurance for 2022 Elsavador president Nayib Bukele predict once again that BTC will hit $100,000.

The figure above looks funny to some people, I won't lie I have doubts for that too...lol!...but what do I know, I'm just a beginner in this whole thingy.

What do you guys think of BTC in 2022?

The journey of bitcoin in 2021 we have passed, even the correction and pumping phase we have seen in the market for bitcoin, the achievement of new ATH in that year has occurred twice, although after that bitcoin corrected until now, I do not see the prediction by President Elsavador Nayib Bukele as a reference, that in the future bitcoin will be at the highest price, but a natural process will happen by itself going forward for bitcoin, so the highest value depends on the recovery phase in the next month.

[Silberman]

I guess we really need to be honest, right now $100,000 is out of the picture.

But for sure, we are going to hit that price, maybe in the next post halving, that price will be within that range because we are going to see a bull run by that time.

For sure who are perma-bears, sure they won't like to see the price going into 6 digits, but Bitcoin is so resilient and we have survived many test in the past already. They won't stop the Bitcoin market from achieving that 6 digit goal in the future.

Sometimes I wonder what those permabears are thinking, after all if we take the time to see at the characteristics of bitcoin and its development it is obvious that bitcoin will always have some value, even if bitcoin fails to become a world currency there will always be people interested in using a decentralized network in which they can exchange value all over the world, so it makes no sense to think that bitcoin will someday disappear or that its value is zero as all the permabears think.