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     6 years ago (edited) 

    "...probable price at the end of 2018 for bitcoin, $100,000..."

    Sorry to be off topic... BUT....What the??

    The 'probable' price of bitcoin at the end of 2018 is definitely NOT $100,000.
    Possible = a very small chance (at best).

    Where will the influx of new money come from to get BTC to $100,000. At this time most people have already heard about crypto/btc. People are either in favour of it and believe in it and have already bought in. Or people are against it and do not believe in it and will never buy in. There will need to be a HUGE influx of new believers to get the price anywhere near $100k.

    And then there is the idea some people have that the price only got to $20k due to the manipulation of bitfinex/tether, and without that manipulation the price would never have got above $5k.

    Only time will tell, but just my 2c.
    Cheers

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       6 years ago (edited) 

      All that are into cryptos now are early adopters. Not even 2%.
      If cryptos are the future, and i believe they are, than we will see a HUGE influx as actual adoption starts.

      oh, and you can type the cent ¢ sign by the HTML
      ¢

      [-]
       6 years ago  

      Somewhat true, based on what individuals each believe.

      But even if crypto's are the future - BTC hitting $100,000 in 5 months is not something I think is probable at all. This is what I think anyway... based on my belief that BTC was artificially pumped by Mt Gox in 2014 and by Bitfinex in 2017.

      So I cannot see anything in the next 5 month horizon that will take BTC to $100k. I wouldn't even hope that the price rocketed to $100k by the end of the year. That would do more harm than good as it would be way too high way too quickly. Only people in it for quick fiat gains (speculators) would want the price of BTC to hit $100k by the year of this year. And speculation is not the future.

      Cheers

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