Post
Topic
Board Speculation
Re: Why Bitcoin price will reach $100 000
by
dat.ho12492
on 30/04/2019, 11:36:21 UTC
It will get there eventually. None give us the precise date, however. Bitcoin is sleeping giant, it can always shoot up randomly. I have a feeling it’ll reach there, which for the most part already confirmed the up trend. The market is indeed cheap, hoping to accumulate over the summer.
It can hit that high if more adoptions coming from big businesses that will allow people to use this system for their daily transactions, we don't have the exact date as  all of us are just hoping that it will eventually do the things that we expecting from this industry, if wide usages will take into the place for sure many things will be expected.
Nothing is impossible, prices can reach $19k in 2017, even though adoption has not reached all people in the world and many large institutions or merchants still have not adopted bitcoin yet. Imagine if all of them start adopting bitcoin along with all the people in the world who use it. of course $100k is a worthed value for bitcoin.
Of course, everything is possible in life but before we say it is possible, we should calculate and carefully consider the factors that can help something that cannot become possible, and here I don't find any factor that can help bitcoin achieve that goal. The acceptance and support of people all over the world is almost impossible, and even if it can, Bitcoin will still face control from the government, the government will not allow the price of bitcoin to go up too high, they do not want traders to take advantage of it to make money