Post
Topic
Board Speculation
Re: Bitcoin Will Skyrocket to $100,000 in 24 Months
by
The Pharmacist
on 25/01/2020, 15:57:28 UTC
BTC even cant break 10k lvl and you are talking about 100k?
That's what I'm thinking exactly.  I'm not sure who's making these crazy bullish predictions, but I'm pretty sure they don't know any more than the rest of us do about where bitcoin is headed.  Even if those big traders had enough money to potentially influence bitcoin's price all on their own, there's no guarantee things would go their way at all--bitcoin's market is very unpredictable.

But if we're talking about a two-year time frame for getting to $100k, that might be reasonable.  What I worry about is if bitcoin can hold on to whatever gains it makes.  In 2017, the price went up so much, so fast that it couldn't stay at $20k.  I'd like for that not to happen again.  And yeah, looking at where bitcoin is at the moment, it's way too optimistic to be calling a $100k price even if it is for two years from now.