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Author Topic: If bitcoin will accepted worldwide for legal then price rising $100k??  (Read 1476 times)
danadc
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October 09, 2023, 08:22:42 PM
 #141

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?
the potential to reach a price tag of $100k is huge. If bitcoin is legalized, and accepted worldwide, I think there will be very many large companies that also use bitcoin for their companies. this will increase the number of communities and consumers, so that bitcoin will be increasingly sought after by people whether for investment use or other things. that would significantly increase the price and would probably be over $100k.

I understand that the current $100K is a psychological figure and it seems very difficult for bitcoin to reach that price but in the context of a limited supply of bitcoin, and the current world wide inflation, this is very much possible.

Think for a moment that bitcoin was not accepted by most governments and also it is not being used as a global currency, still we saw bitcoin price reaching 68K. So if Bitcoin is legalized worldwide, all those EFTs get approved, and the money flows into Bitcoin, then $100K would be a very small amount and it can reach much higher than this value.



If we use our logic , the price of bitcoin instead of Reaching $100k is not a true figure, it is a higher figure, because there are many people who dream of savings and if they know or realize that with bitcoin, the more they keep them , the more valuable it becomes , because the value will be much greater, with people Realizing that with bitcoin they can make much more money than by working for more than 20 years , because the only thing they would do is sell everything and Buy bitcoin , it is what can and should be Done , that is why we We must spread the Word so that those who are missing are not left Behind , we do not have to be so Incredulous, bitcoin has a good price , it is worth Investing now , Because when it is worth more than 100 Thousand Dollars it will be too Late.


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Joshapat
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October 12, 2023, 02:18:32 AM
 #142

The thing that we have been waiting for until now is that more and more countries will legalize bitcoin, of course it is not an easy thing to get many countries to legalize bitcoin, but with a positive campaign, I am optimistic that more and more countries will legalize bitcoin and of course make price spikes and easy to up to $100k.


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Davian144
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October 12, 2023, 07:50:03 PM
 #143

The thing that we have been waiting for until now is that more and more countries will legalize bitcoin, of course it is not an easy thing to get many countries to legalize bitcoin, but with a positive campaign, I am optimistic that more and more countries will legalize bitcoin and of course make price spikes and easy to up to $100k.
A more positive campaign to get more countries interested in Bitcoin and interested in legalizing it could indeed be possible. But each country has different political influences and economic influences so there are countries that are only interested in Bitcoin but still cannot legalize it because of these obstacles. So this certainly won't be easy for every country to realize because every country needs to think about it carefully enough so that it doesn't make it difficult for countries to change existing regulations in their respective countries.
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October 16, 2023, 11:25:38 PM
 #144

True, even I'm sure $ 1 million will be easily achieved, the thing that is the fear of many countries to legalize bitcoin for fear that it will be used for illegal transactions such as money laundering, criminal transactions, and so on.
although become a million dollar worth currency will be a challenging thing to archive as amount to too high, but I won't wonder if such thing is happened in future cause btc already made many possible thing which was supposed to be impossible in past. Therefore, i agree that money laundering, criminal transactions and etc are the issue why government not recognize bitcoin cause such transaction doesn't have any proof of the person. But i feel comfortable with it, no kyc no restrictions like other's payment method. To maintain so procedure and resuations, a lot of time will be needed to make bitcoin legal worldwide and i believe, it will come to true

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October 16, 2023, 11:51:12 PM
 #145

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?

100% btc adoption worldwide won’t happen for years to come.

If it happens before 2040 I would be stunned.

I think it will not happen there will always be a few holdouts.

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November 26, 2023, 09:44:36 AM
 #146

If bitcoin can start journey from cents and now it can turn into 40k, even already can cross $67k ath, then I don't think anything can stop it to cross another milestone of $100k even without recognized by those countries where Bitcoin already ban. Cause bitcoin getting more popular and it will be continued in upcoming days. Worldwide recognition is a big thing which need a huge time to be happened cause there will be political, money laundering, assuring capital and so many obstacles which need to overcome if btc wanna get accepted worldwide   

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November 26, 2023, 03:39:33 PM
 #147

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?

As a matter of fact, Bitcoin will probably reach this price target in this upcoming bull run. The price and adoption will continue to rise in the future.
If BTC is legalised across the World at some point in the future, the price will go well beyond this $100k. But the chances of this happening are close to zero because it should satisfy two criteria per your scenario; one is that BTC is accepted across the globe, and the other is that the majority of people will use this.

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November 26, 2023, 04:32:20 PM
 #148

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?
I don't think global adoption of Bitcoin is necessary to reach 100k. Because we predicted Bitcoin price to go to that level in the last bull run but it didn't happen, we can expect that in the upcoming bull run it will exceed the expected 100k. Moreover we dream not only of 100k but 1 million. Bitcoin is moving at its own pace, regardless of whether or not it is adopted globally. Also, I don't think people all over the world will accept it at the same time. Because in recent times there are negative and positive attitudes towards any good thing. If a country accepts Bitcoin, another country will retaliate and reject it. So we cannot expect everyone to accept Bitcoin at once.

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November 27, 2023, 12:56:24 PM
 #149

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?
I don't think global adoption of Bitcoin is necessary to reach 100k. Because we predicted Bitcoin price to go to that level in the last bull run but it didn't happen, we can expect that in the upcoming bull run it will exceed the expected 100k. Moreover we dream not only of 100k but 1 million. Bitcoin is moving at its own pace, regardless of whether or not it is adopted globally. Also, I don't think people all over the world will accept it at the same time. Because in recent times there are negative and positive attitudes towards any good thing. If a country accepts Bitcoin, another country will retaliate and reject it. So we cannot expect everyone to accept Bitcoin at once.
I completely disagree with you when you say that bitcoin is growing on its own without concern for global adoption. Bitcoin like any other asset, its value depends on supply and demand. If demand does not increase, how can it achieve higher value in the future? The development of Bitcoin also depends on the global economy, no asset can develop independently and unrelated to the macro economy.

The whole world will accept it once they see its potential. For governments, national interests are still the top priority, there is no struggle or competition for them to harm themselves.

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November 27, 2023, 05:26:17 PM
 #150

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?

As a matter of fact, Bitcoin will probably reach this price target in this upcoming bull run. The price and adoption will continue to rise in the future.
If BTC is legalised across the World at some point in the future, the price will go well beyond this $100k. But the chances of this happening are close to zero because it should satisfy two criteria per your scenario; one is that BTC is accepted across the globe, and the other is that the majority of people will use this.

The price increase of bitcoin is really looking like it will hit the prediction of 100k by the peak of next bull if not more whether there is additional adoption with that of El Salvador.

As at now, the price is already accepted by the bitcoin community and by extension the crypto world and that is why the price has been appreciating, steady and having bull momentum.

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November 28, 2023, 02:45:30 PM
 #151

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?

What was Bitcoin's last ATH? Did it reach $69 000 in the market, right? Is it true these days that all countries have accepted Bitcoin? are not the only few countries that still recognize it. And most haven't, really.

What does that mean, if most countries are not completely ready to adopt Bitcoin, but its market ATH value has reached such a level, how much more if all countries have accepted Bitcoin, eh, probably quickly in 24 hours the price value of Bitcoin will suddenly reach more than 100k$?



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November 28, 2023, 06:11:33 PM
 #152

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?
The reality truth is that the wider Bitcoin is legalized and authorized around the globe is the wider Bitcoin is spreaded and so also more wider investors are come onboard.
The fact is that if governments of a nation is approved Bitcoin to be governmentally and privately accepted, it gives the masses solid believes and zero doubts about what Bitcoin is potentially speculated to be. So there would be more than expected global acceptance of Bitcoin.

Talking about the probability of Bitcoin price getting to $100K  in such an advancing Bitcoin global acceptance has all the possibilities because the system that determines Bitcoin values is determined by the volumes of it demands and investors.
If Bitcoin price could hit $69K in the past 2years even with the less volume of its investors comparing to date that Bitcoin is hovering around $36K-37K, then $100K can be beatable in no time if there are more of that Bitcoins wider spread that is to attract more of investors.

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November 28, 2023, 11:35:35 PM
 #153

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 will be legalized in all over the world, then its adoption rate will also speed up. But I'm not seeing only $100k but more than that as btc price will definitely grow continuously if there are no negative factors that will oppose its growth. And when we say bitcoin adoption, that does not mean that the people are only using it as an investment tool but also utilizing it as a legal currency that can be use to pay for daily expenses.

However, the process might be tough and hard. As long as the government is not open about bitcoin and how it can bring success and growth to the country's economy, then expecting for bitcoin adoption might still be uncertain but we all know the world is heading to its digital version, and bitcoin perfectly suit for it.

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November 28, 2023, 11:35:56 PM
 #154

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?

What was Bitcoin's last ATH? Did it reach $69 000 in the market, right? Is it true these days that all countries have accepted Bitcoin? are not the only few countries that still recognize it. And most haven't, really.

What does that mean, if most countries are not completely ready to adopt Bitcoin, but its market ATH value has reached such a level, how much more if all countries have accepted Bitcoin, eh, probably quickly in 24 hours the price value of Bitcoin will suddenly reach more than 100k$?
I completely agree with you. Despite the fact that Bitcoin is not yet officially accepted in all countries, its price has risen to $69k. As I recall, Bitcoin reached such a high price in 2021 due of hype. How much more if Bitcoin is legally accepted in every part of the world? It is not likely to happen in the next few days, but I believe that the price of Bitcoin will hit $100,000 due to the halving next year. That is why it is advisable to accumulate Bitcoin now, while the price has not yet reached such levels, because it's highly possible that the price will never return to this current price if Bitcoin reaches those levels.

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November 28, 2023, 11:47:51 PM
 #155

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?

What was Bitcoin's last ATH? Did it reach $69 000 in the market, right? Is it true these days that all countries have accepted Bitcoin? are not the only few countries that still recognize it. And most haven't, really.

What does that mean, if most countries are not completely ready to adopt Bitcoin, but its market ATH value has reached such a level, how much more if all countries have accepted Bitcoin, eh, probably quickly in 24 hours the price value of Bitcoin will suddenly reach more than 100k$?
I completely agree with you. Despite the fact that Bitcoin is not yet officially accepted in all countries, its price has risen to $69k. As I recall, Bitcoin reached such a high price in 2021 due of hype. How much more if Bitcoin is legally accepted in every part of the world? It is not likely to happen in the next few days, but I believe that the price of Bitcoin will hit $100,000 due to the halving next year. That is why it is advisable to accumulate Bitcoin now, while the price has not yet reached such levels, because it's highly possible that the price will never return to this current price if Bitcoin reaches those levels.

Reality check, we can't expect every country to just accept btc in their financial system.
But if large population will use it in their everyday payment method, definitely the price will shoot up.
However, we are still just speculating on this matter. We will know the possibility if we can actually see the progress in the market.
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November 29, 2023, 01:27:59 AM
 #156

It's going to be more than just a 100k if everyone's using bitcoin as a currency because there's only so much bitcoin out there and so many expenses, I don't know if this is accurate but I've seen that there's about 34.7 trillion USD is spent globally now if you were to divide that to 18 million bitcoins accounting for lost bitcoins, then you'll probably see that the worth of bitcoin is going to be more than just a 100k even if say bitcoin only gets to be part of that half of that spending, bitcoin will still be worth more than 100k so fingers crossed that it's going to happen in the future and that when that happens, a lot of us would be hodling large amounts of bitcoin.



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November 29, 2023, 03:34:19 AM
 #157

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?

What was Bitcoin's last ATH? Did it reach $69 000 in the market, right? Is it true these days that all countries have accepted Bitcoin? are not the only few countries that still recognize it. And most haven't, really.

What does that mean, if most countries are not completely ready to adopt Bitcoin, but its market ATH value has reached such a level, how much more if all countries have accepted Bitcoin, eh, probably quickly in 24 hours the price value of Bitcoin will suddenly reach more than 100k$?
I completely agree with you. Despite the fact that Bitcoin is not yet officially accepted in all countries, its price has risen to $69k. As I recall, Bitcoin reached such a high price in 2021 due of hype. How much more if Bitcoin is legally accepted in every part of the world? It is not likely to happen in the next few days, but I believe that the price of Bitcoin will hit $100,000 due to the halving next year. That is why it is advisable to accumulate Bitcoin now, while the price has not yet reached such levels, because it's highly possible that the price will never return to this current price if Bitcoin reaches those levels.

Reality check, we can't expect every country to just accept btc in their financial system.
But if large population will use it in their everyday payment method, definitely the price will shoot up.
However, we are still just speculating on this matter. We will know the possibility if we can actually see the progress in the market.

The value of an asset is based on supply and demand, so as long as demand for bitcoin increases it is inevitable that it will reach higher prices. Although it's all just our speculation, if we look at what's going on and what bitcoin has conquered, we have the right to believe and have faith in the future of bitcoin. 
To be honest, a goal of $100k is a pretty modest goal for me. I even believe that bitcoin will reach higher prices in the future because its demand is growing constantly.

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November 29, 2023, 01:56:38 PM
 #158

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?

What was Bitcoin's last ATH? Did it reach $69 000 in the market, right? Is it true these days that all countries have accepted Bitcoin? are not the only few countries that still recognize it. And most haven't, really.

What does that mean, if most countries are not completely ready to adopt Bitcoin, but its market ATH value has reached such a level, how much more if all countries have accepted Bitcoin, eh, probably quickly in 24 hours the price value of Bitcoin will suddenly reach more than 100k$?
I completely agree with you. Despite the fact that Bitcoin is not yet officially accepted in all countries, its price has risen to $69k. As I recall, Bitcoin reached such a high price in 2021 due of hype. How much more if Bitcoin is legally accepted in every part of the world? It is not likely to happen in the next few days, but I believe that the price of Bitcoin will hit $100,000 due to the halving next year. That is why it is advisable to accumulate Bitcoin now, while the price has not yet reached such levels, because it's highly possible that the price will never return to this current price if Bitcoin reaches those levels.

Reality check, we can't expect every country to just accept btc in their financial system.
But if large population will use it in their everyday payment method, definitely the price will shoot up.
However, we are still just speculating on this matter. We will know the possibility if we can actually see the progress in the market.
That was my previous belief, but today we must expect for the unexpected. Bitcoin is not like anything else; it is a one-of-a-kind commodity to us. People used to be afraid of utilizing Bitcoin, but as time passed, they began to accept Bitcoin payments. I believe it is also possible that nations who do not accept Bitcoin may do so in the future. We need to be confident that it will happen; it will help a lot.

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November 29, 2023, 08:48:41 PM
 #159

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?

What was Bitcoin's last ATH? Did it reach $69 000 in the market, right? Is it true these days that all countries have accepted Bitcoin? are not the only few countries that still recognize it. And most haven't, really.

What does that mean, if most countries are not completely ready to adopt Bitcoin, but its market ATH value has reached such a level, how much more if all countries have accepted Bitcoin, eh, probably quickly in 24 hours the price value of Bitcoin will suddenly reach more than 100k$?
I completely agree with you. Despite the fact that Bitcoin is not yet officially accepted in all countries, its price has risen to $69k. As I recall, Bitcoin reached such a high price in 2021 due of hype. How much more if Bitcoin is legally accepted in every part of the world? It is not likely to happen in the next few days, but I believe that the price of Bitcoin will hit $100,000 due to the halving next year. That is why it is advisable to accumulate Bitcoin now, while the price has not yet reached such levels, because it's highly possible that the price will never return to this current price if Bitcoin reaches those levels.

Reality check, we can't expect every country to just accept btc in their financial system.
But if large population will use it in their everyday payment method, definitely the price will shoot up.
However, we are still just speculating on this matter. We will know the possibility if we can actually see the progress in the market.

The value of an asset is based on supply and demand, so as long as demand for bitcoin increases it is inevitable that it will reach higher prices. Although it's all just our speculation, if we look at what's going on and what bitcoin has conquered, we have the right to believe and have faith in the future of bitcoin. 
To be honest, a goal of $100k is a pretty modest goal for me. I even believe that bitcoin will reach higher prices in the future because its demand is growing constantly.
Considering on the percentage % of the overall population who do knows and get involved with bitcoin then we are really just that too small. There's so much room for us to grow more
and this is why it is really that safe to assume that 100k isnt really the peak price. We know that recognition is still on the move, not every corners of the world are knowing Bitcoin existence
which means that there's still potential. If we do saw different speculations in price in the market or in the internet there are even rumors of million per coin but well this is really that
becoming that unrealistic or something that too far off to reach on which we know that time will tell and the demand of it will really be the basis on how far it would go.

For now then it would be best that we should be taking up consideration on making out those investment position or entry within the market. We cant really
just that make ourselves letting again on missing the train if ever the price would be shooting up into the moon. lol

R


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November 30, 2023, 01:14:31 PM
 #160

Most of the people only hesitate to invest in bitcoin due to restrictions of country but once government accept bitcoin then there will be no one who will not  buy bitcoin. Everyone wants bitcoin investment as they are familiar with annual success of bitcoin but some are not allowed for making investment and some have no money to make investment.

If bitcoin become an acceptable currency then the value of bitcoin will increase and also bitcoin will be used for payment purposes like people will pay cash in the form of bitcoin. I think coming halving will have huge impact on many country so may be due to this impact bitcoin get accepted by many countries.









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