Post
Topic
Board Speculation
Re: Will Bitcoin Reach $100,000?
by
Ahab_Hunter_of_BearWhale
on 16/05/2019, 03:10:37 UTC
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 : )