If bitcoin will accepted worldwide for legal then price rising $100k??

[Davian144]

If btc is legally accepted in all countries then huge number of investors will increase. and the use of btc in various fields will increase.

what is your opinion about this?

For the use of Bitcoin in various fields it can indeed increase and that is not only when Bitcoin is legally accepted in all countries, but for now Bitcoin is almost accepted in all fields within certain countries. but how do you know that it can trigger the addition of a large number of investors? Because from what is seen now, there are also not a few investors in the crypto space who especially like Bitcoin, so the addition of investors when Bitcoin is legally accepted in all countries I don't think will be felt or seen either.

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[Gallar]

If btc is legally accepted in all countries then huge number of investors will increase. and the use of btc in various fields will increase.

what is your opinion about this?

Broadly speaking I agree with your opinion, because if bitcoin is accepted by all countries in the world, it is certain that there will be more and more bitcoin investors and the price of bitcoin will definitely increase. Because even though bitcoin users around the world are still not at 100%, but bitcoin is famous everywhere and the market price is also very high. With the bitcoin price being so high to date, it has all been achieved with less than 20% of users, of the entire human population using the internet in this world. So you can imagine if all internet users in this world invest in bitcoin. The price is definitely going to skyrocket and I think it could go over the $100k mark. So actually the current bitcoin price is still quite far from the maximum, if you look at it from the point of view of all internet users in the world.

Apart from that, if bitcoin has been accepted and legalized by all countries, in terms of usability, it will definitely extend to various aspects. Maybe you could say there will be more payment transactions that can use bitcoin. And bitcoin at that time will probably become a very valuable and desired asset by more people.

[michellee]

That will make Bitcoin even more popular and make everyone want to learn about Bitcoin. But that doesn't mean it will make the Bitcoin price go up $100k because, after the next halving, the Bitcoin price could go up to $100k and even higher.

We have seen what happened in the last ATH, where many countries still have not approved and accepted Bitcoin legally. But the increase in the price of Bitcoin may have something to do with the legal acceptance of Bitcoin because it means that people can use Bitcoin more freely. After all, the government has supported it.

But to see Bitcoin being accepted by all countries may take more time. We can only wait while still trying to own more Bitcoins.

[Yamane_Keto]

There are about 10 billion citizens around the year, and if Bitcoin is adopted and a legal framework is established that is binding it globally, and let us assume that half of the population used it, we are talking about 5 billion people, and if the investment of each one was about 10 thousand dollars, then we are talking about 50 trillion dollars.

For bitcoin to reach a market capacity of about 50 trillion, this means that the value of each bitcoin is approximately 3 million dollars, then the value of the dollar will not necessarily be at the same current value due to the loss of the dollar market capacity of 50 trillion.

Bitcoin will reach a price of $100,000 even before several countries consider making it legal tender.

[justdimin]

If btc is legally accepted in all countries then huge number of investors will increase. and the use of btc in various fields will increase.

what is your opinion about this?

Not only 100k but even higher there are saying that bitcoin will run up to million dollars if adoption happens and if the world starts trusting this not only for investing but for the daily use.
imagine how fast transaction could be and how much time will be saving and also the safer for security?
and with the amount of bitcoin available yes sure we will rich so high that what others could ever expect .

I believe million dollars will happen in the future. However, I am not sure if it will happen anytime very soon. I am guessing that it will take a decade or two before it gets there. However, if we could get to see legal worldwide then that changes things, it's already legal in most big nations and you can move it around, there is nothing wrong with that at this moment.

However, if it gets to a worldwide more accepted or basically more adopted method and a lot of people start using it then 100k is not a big number and should be done easily. I know that it will take some time, but this is a guess and prediction game and I can say that 100k would be very little compared to what we are talking about here as well, I agree with that.

[ShowOff]

If btc is legally accepted in all countries then huge number of investors will increase. and the use of btc in various fields will increase.

what is your opinion about this?

When bitcoin has reached such a level of adoption, rest assured that its price volatility will not be as great as it is today.
Volatility is down, prices will tend to stabilize and maybe we can no longer expect a higher ATH than the previous ATH. Even if this is my assumption, but just imagine if bitcoin really has high price volatility once global adoption has been achieved, wouldn't that bother a lot of things?

[taufik123]

When bitcoin has reached such a level of adoption, rest assured that its price volatility will not be as great as it is today.
Volatility is down, prices will tend to stabilize and maybe we can no longer expect a higher ATH than the previous ATH. Even if this is my assumption, but just imagine if bitcoin really has high price volatility once global adoption has been achieved, wouldn't that bother a lot of things?

This will be Bitcoin's last rocket and there will be no more rockets that can take Bitcoin to an ATH beyond $100k.
Assuming it still takes a long time to reach full adoption by every country, it won't be easy and some countries will stick to their principles and rules about the use of cryptocurrencies.

Bitcoin's high volatility is the most unique and will benefit traders, if there is no more volatility what will be expected from Bitcoin other than its technology?
Certainly, the current position of Bitcoin is still a good position for those who can take advantage of it, and will be bad for those who do not understand.

[serjent05]

what is your opinion about this?

In view of the law of supply and demand, if the demand is fixed and the supply keeps on filing up then it is obvious that the price will go down, the same way when the supply is fixed and the demand keeps on coming in, the price will go up.  Since there are lot of incoming demand, it is normal for a market situation like this, the people will compete with each other to acquire what they wanted by engaging with price offer competition.  They will outbid each other which will surely lead to a price surge.

so I think it is a no-brainer to say that Bitcoin will definitely increase in price and can even surpass $100k  if the adoption goes extreme.

[ajiz138]

What do you mean legal in terms of all transactions in various countries using bitcoin? Then what about the fate of fiat?

I believe even if bitcoin is still illegal in some countries the price of bitcoin will definitely touch $100K maybe at the next ATH without thinking about other mass adoption I am very optimistic about that price.

Increasingly of course the price of bitcoin will increase due to increased demand, but again I don't think whole country adoption is imminent, this is no one knows about that.

[hatshepsut93]

$100k isn't a high target, Bitcoin can reach it through its usual bull runs. In fact $100k would be only 50% higher than the current ATH, which is in line with the trend of decreasing relative growth rate: 1.3k to 20k to 69k.

But expecting that suddenly all countries in the world will make Bitcoin a legal tender is unrealistic. Countries won't do it if they won't see benefits. And what is the benefit of adopting an unstable and uncontrollable currency from a point of view of a government?

[Wexnident]

If btc is legally accepted in all countries then huge number of investors will increase. and the use of btc in various fields will increase.

what is your opinion about this?

Hmm I don't think so. Probably the people who won't use Bitcoin (or invest/buy it) with reasons being it illegal are rather on the minority, most of them woul probably be people who don't know what Bitcoin is or why does it's usecase even prove to be possible in the first place. Sure, adoption may increase after it's legally announced, but I doubt there'd be a lot, to the point that it can push the price t o $100k.

Which isn't to say it isn't going to reach it (I'm hoping after all), just that a legal announcement about it wouldn't be the primary cause if it does so happen.

[rat03gopoh]

We don't know how much interest in individual adoption there is in the entire human population. However global regulation won't legalize simultaneously.
The highest total crypto market cap ever recorded is 2.9 trillion where bitcoin dominates at over 40% and manages to score $68k ATH history.
My only thought for taking bitcoin at $200k post-global adoption is when it maintains or increases market cap dominance than it has any subsequent ATH.

[dansus021]

Im Gonna say but this will likely unhappen, maybe bitcoin is accepted as an asset or commodity worldwide is possible you know the news China and a bunch of others seem doesn't like cryto.

maybe in future there is one or two country will accept bitcoin as a legal tender like el salvador did but not goin to worldwide, if bitcoin accepted worldwide 100K is very easy to achieve and it could be more than that.

[YUriy1991]

I think everyone here is optimistic about the increase in BTC to 100K with various arguments and opinions. In my opinion, other things that need attention and play a role are regulatory developments, institutional adoption, public trust, and their impact on market liquidity and stability which can indirectly have a positive impact on Bitcoin prices globally and what @michellee said to see Bitcoin being accepted by all countries may take more time is the journey process.

[LogitechMouse]

If btc is legally accepted in all countries then huge number of investors will increase. and the use of btc in various fields will increase.

what is your opinion about this?

Do you think that the only way for Bitcoin to reach 6 digits is for it to be accepted worldwide, eh?

Bitcoin will reach that price on the next bull run. This is what many of us believe to happen 2 years from now (if the cycle still continues). Bitcoin being accepted worldwide isn't the only way for it to reach that price. At the same time, don't expect that governments around the world will accept Bitcoin legally. We've seen countries banning the usage of cryptocurrency in their country already. Some are just neutral about it, and some are accepting it like El Salvador.

Overall, I'm just happy with how Bitcoin is right now in terms of adoption. Year after year, more and more people are starting to use it. Some are just starting to explore, and learn it. Time will only tell if this will happen. It might, or it might now, but one thing's for sure. What you said OP isn't the only way for Bitcoin to reach $100,000 or even higher.

[Minecache]

If btc is legally accepted in all countries then huge number of investors will increase. and the use of btc in various fields will increase.

what is your opinion about this?

Bitcoin will be legalized in all countries is something that will happen, but I think we have a long way to go, and once its demand increases, then Bitcoin price will definitely increase. But if you are talking about the goal of $100k per bitcoin, you don't need to wait until bitcoin is legalized worldwide. Many predictors believe bitcoin will hit $100k in the next bull season, and just history repeating that target is too easy for bitcoin, you don't have to wait too long.

[eaLiTy]

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Honestly this is a tough one, legally  accepted everywhere means countries giving up on their local currency and this is also an impossible development as most countries wouldn't give up on this kind of control which also means losing out on revenue because of this...
I know we want bitcoin to succed but this here is a big ask and won't happen like this.  

BTCitcoin is not created to replace fiat currency globally but as an alternative to be traded globally. I do understand that many think and expect that the cryptocurrency market is created to takeover the entire fiat and the banking world, which is not the case, you need to have a combination of everything.

When it comes to the price, you do not need a global adoption for the price to rally to $100k.

[DeathAngel]

If btc is legally accepted in all countries then huge number of investors will increase. and the use of btc in various fields will increase.

what is your opinion about this?

If bitcoin was accepted as a means of payment in every country worldwide & widely used as a means of payment then of course the price would rise, remarkably so. We wee some way away from that becoming a reality but that doesn’t mean it won’t moon in the next couple of years as I believe it will due to other factors.

[Bananington]

If btc is legally accepted in all countries then huge number of investors will increase. and the use of btc in various fields will increase.

what is your opinion about this?

It will take time for bitcoin to become legally accepted in very country, and even before that time which is a long time from now bitcoin may have already reached this $100k price that you have set as target. there are many events that will favor bitcoin and influence the price positively, and also with the halving which is happening soon, there are still many predictions on the amount it will take the price of bitcoins to. Even if the halving does not carry the price up, it will take it to an amount close for other events to take the price to $100k.

[Questat]

If btc is legally accepted in all countries then huge number of investors will increase. and the use of btc in various fields will increase.

what is your opinion about this?

It was not the number of investors that will likely increase but also the number of people who use this as currency. The moment that it is become legal that will give confidence to the merchants and business owners to accept this as a mode of payment and the confidence that nobody will seize their Bitcoins. It gonna be a changing game in crypto and this will fuel people to use BTC instead of fiat money especially when paying online. But despite all of these things, I wasn't really thinking of reaching $100k. It is very possible to increase the price but not to the extend that it becomes expensive.