Quote from: Ahab_Hunter_of_BearWhale on May 16, 2019, 03:10:37 AM

Quote from: Genemind on April 30, 2019, 08:03:06 AM

It's okay to be optimistic and to expect the best but I think $100,000 is unrealistic for now. Time will come that Bitcoin could reach that far but it will take time.
Bitcoin needs a massive adoption to exceed beyond $20,000 as it has reached last bull run.
Though Bitcoin is unpredictable, there is still due process and tests that it should surpass before it reaches that high value.

I agree with you that it is unlikely btc will surpass 100k in this bull run that's started. I could always be wrong and hope I am in this case, but in my opinion this run will likely take btc above 20k, may take a bit of time, maybe not, but it seems likely the high point in the bull mkt will fall short of 100k. Will be interesting to see how things play out. Grab the popcorn ^_^
Long term though btc has a pretty good shot at surpassing 100k per btc, as long as the tech keeps being improved, and abjacent systems built out, as well as continuing business use and adoption continue.
Likely people will be phrasing the btc price debate in the times to come in Satoshi's : )

Yes, bitcoin will test $150k too, but any reasonable person will know that there are so many factors that are yet unseeing which might really take a lot of time for that value to become feasible in the market. No matter the forceful push we see, 100K is far fetch from happening now, and just like you said, I believe the bull run spirit we are will see to it that bitcoin gets its value above $20k this time around.

One of the reasons why we will see a major pull back from $20k is because almost half of investors will take their profit has learnt from the past. Majority saw our mistake of not taking profit at $20k till it dumped, so they would not follow that part again, this will be the only history that I am sure will repeat itself again.