Post
Topic
Board Speculation
Re: will the btc price reach 100k ?
by
Nwada001
on 04/01/2024, 14:08:41 UTC
Bitcoin's exchange price cannot be predicted.
If bitcoin ETF is approved or not, the price will certainly get to $100000 in either this year or next year.
Those are all still assumptions; we can never be too certain about when the bitcoin price will hit $100,000. Saying this year or next year means you are also not sure about when that will happen, which is just the same thing as what @apogio is saying.
If you want me to agree with what you are saying, let us bet $100 each and see what would happen. If bitcoin did not get to $100000, then you will have the money. But if bitcoin get to $100, in 2024/2025, then I will get the $100. I have analysed the market and my confidence is high about this. If you are ready, let me know so that we can put the coin worth of $100 on a 2-of-2 multisig or 2-of-3 multisig. Like I said, bitcoin will get to $100000 in 2024/2025.
Lol, it's funny how you want to place a bet on this.

I'm not against the prediction that bitcoin won't touch $100k either this year, which is 2024, or even next year, which is 2025.

It's pretty much possible for it to hit that price even before 2025. Anything can happen with the bitcoin price, but the only thing I'm against here is that you can never be too sure of when that will happen. Saying 2024 or 2025 still shows how uncertain you are about when that target will actually be met. A prediction like this is easy to make, and that's not a correct score to me.
 
When you talk about the bitcoin price being hard to predict, I mean, someone is saying, On this day, let's say on the 28th of January 2023, we will see the bitcoin price at $100k. Such kind of prediction is what I don't see anyone being very confident in making; unless someone makes such predictions, I still see all of them as assumptions and not being too sure of when they will really happen.