Post
Topic
Board Speculation
Re: Bitcoin to $100k in 2021
by
ACryptoEconomy
on 16/11/2020, 16:17:17 UTC
We should not focus on specific numbers like these. I believe bitcoin is powered by the increase it has and I understand that the higher price goes the more people will get involved. There is a reason why we saw a spike in user numbers not just in bitcointalk but everywhere in crypto during 2017 peak and even though some of them left after price crashed, there were a lot of them that stayed and still around here from those days.

However I believe we could do that if we do gradual increases, I don't care what the end price will be at the end of 2021 for example, but if the price keeps growing and growing all year long, it could end up at $50k and I would be happier than price being $100k in a day and staying like that all year. This is why I think gradual but constant increases are better than hyped big prices.

price discovery = hype cycles.  They just take progressively longer over time.