Analysis firm Santiment has shared an interesting poll about the current market situation of bitcoin. The main question was, when will bitcoin become $100,000 for the first time?
Will bitcoin hit $100,000 this year?
Santiment asked users when the bitcoin price break the $100,000 mark. This Twitter survey immediately caught the attention of a wide audience, especially several influencers from the crypto community.
What year will #Bitcoin cross a market price of $100,000 for the first time?
– Santiment (@santimentfeed) July 19, 2021
As for the survey, respondents were presented with four options: in 2021, 2022, 2023 or later, or Never.
The crypto community is optimistic
The results are interesting. At the time of writing, nearly 40 percent of respondents said the bitcoin price will already cross the $100,000 mark this year.
Nearly 30 percent think that the price of the largest cryptocurrency will not reach a ton until 2022. There are also some skeptics, not everyone is a bitcoin bull. The fourth option, ‘never’, was chosen by 11 percent of the respondents.
Not only was the year the subject of discussion in the response, the poll itself was also hotly debated. Followers shared their thoughts on the current market situation and the future price trend of bitcoin.
Older than sliced bread
Bitcoin predictions are of course as old as sliced bread, perhaps even older than that. The late Hal Finney predicted a week after the birth of bitcoin on January 3, 2009, that the price could rise to 10 million dollars.
You think bitcoin twitter is bullish? Hal Finney (@halfin), was calculating a bitcoin price of $10,000,000 per coin just ONE WEEK after the the genesis block on January 3rd, 2009.
Absolute legend. pic.twitter.com/5MptLhEYHL
— Dr Bitcoin MD (@DrBitcoinMD) August 23, 2019
In that regard, Finney is at the forefront of the topic that has dominated bitcoin discourse in recent years: price. On thousands of forums, group conversations, birthdays and get-togethers, the price of bitcoin has become a common topic. This is being done not only by those who already have the digital asset in their investment portfolio, but also by anyone who wants bitcoin but is afraid to take the plunge. In addition, it is inevitable that the critics also like to shout something.
Constant growth
Below is a logarithmic graph of bitcoin. We use BraveNewCoin for this because it is the only index that goes that far back in time. There is no investment that can consistently yield so much. And at every moment of the chart, there were people wondering, am I late?