1 bitcoin = 200k dollars - page 11. | Bitcointalksearch.org

Yakamoto

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Quote from: pearnapple on April 24, 2016, 04:16:26 PM

Quote from: Wapinter on April 24, 2016, 03:59:53 PM

Bitcoin looks very promising at present.Prices are going up by day it seems it will reach $1000 before halving.Better we store as much as possible till then

i must admit that the price is really promising at the moment though anything might happen in the future and we might even lose money so i doubt that it is really possible for the price to grow that much

Take away $1000 and replace it with $700, and you have a far more likely estimate.

If this increase is being caused from investment due to the halving, it speaks volumes about how investors believe the market is going to behave, and, albeit unlikely, $1000 may not be beyond reach. If we cross $600 before the halving (Two or three months ahead), then there might be a chance that w can get close to $1000. If we can't cross $600, though, it won't happen.

eddyubachs

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Quote from: pearnapple on April 24, 2016, 04:16:26 PM

Quote from: Wapinter on April 24, 2016, 03:59:53 PM

Bitcoin looks very promising at present.Prices are going up by day it seems it will reach $1000 before halving.Better we store as much as possible till then

i must admit that the price is really promising at the moment though anything might happen in the future and we might even lose money so i doubt that it is really possible for the price to grow that much

Price will not fall in next couple of months, it will continue to rise and its all halving effect that we have started to feel now, we can expect very good price at the time of halving.

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Quote from: Wapinter on April 24, 2016, 03:59:53 PM

Bitcoin looks very promising at present.Prices are going up by day it seems it will reach $1000 before halving.Better we store as much as possible till then

i must admit that the price is really promising at the moment though anything might happen in the future and we might even lose money so i doubt that it is really possible for the price to grow that much

Wapinter

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Bitcoin looks very promising at present.Prices are going up by day it seems it will reach $1000 before halving.Better we store as much as possible till then

buyinbtc

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Quote from: Ulloa on April 24, 2016, 12:51:08 PM

Quote from: bit1 on April 24, 2016, 11:41:45 AM

Some people believe it has the potential for growth and therefore are attracted to that market.

Yes but even with that there is no way it will reach 200k. At best maybe 2k on a period of 2 years.
For sure not anything bigger then that.

i think it is really possible to reach such big numbers in the future because a lot of people will start buying bitcoins when they will see that people adopting it really fast i hope one day this price will be reached

zimmah

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Quote from: randy8777 on April 24, 2016, 09:54:42 AM

Quote from: doc12 on April 24, 2016, 08:36:32 AM

Lol why everybody is so pessimistic here ?

So many of you say bitcoin will never go higher then 2k$ or something ? So basicly most of you say Bitcoin will fail, right ? Then why are you wasting your time here ?

To be a real global currency Bitcoin has to grow at least to high 5 digits . For example, how you want to trade real estate with bitcoin with such a low market cap ?

95% of the people here don't know anything about how the market works. if the price goes up a few bucks people get excited and say the price will reach $1000 this year. and when the price goes down a few bucks people start to panic and think it will go to very low $300's. there are only a few members here that are realistic in their analysis. others are nothing more than a joke.

and the funny thing is that those people who have a realistic view on bitcoin get laughed at and told "get realistic"

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Quote from: bit1 on April 24, 2016, 11:41:45 AM

Some people believe it has the potential for growth and therefore are attracted to that market.

Yes but even with that there is no way it will reach 200k. At best maybe 2k on a period of 2 years.
For sure not anything bigger then that.

bit1

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Some people believe it has the potential for growth and therefore are attracted to that market.

randy8777

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Quote from: doc12 on April 24, 2016, 08:36:32 AM

Lol why everybody is so pessimistic here ?

So many of you say bitcoin will never go higher then 2k$ or something ? So basicly most of you say Bitcoin will fail, right ? Then why are you wasting your time here ?

To be a real global currency Bitcoin has to grow at least to high 5 digits . For example, how you want to trade real estate with bitcoin with such a low market cap ?

95% of the people here don't know anything about how the market works. if the price goes up a few bucks people get excited and say the price will reach $1000 this year. and when the price goes down a few bucks people start to panic and think it will go to very low $300's. there are only a few members here that are realistic in their analysis. others are nothing more than a joke.

doc12

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Lol why everybody is so pessimistic here ?

So many of you say bitcoin will never go higher then 2k$ or something ? So basicly most of you say Bitcoin will fail, right ? Then why are you wasting your time here ?

To be a real global currency Bitcoin has to grow at least to high 5 digits . For example, how you want to trade real estate with bitcoin with such a low market cap ?

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Quote from: Mr. Big on April 24, 2016, 07:00:27 AM

Quote from: Bought on April 24, 2016, 03:56:50 AM

maybe this will happen someday, by then i imagine i would be too old to be able to use the money for anything other than keeping me in my nursing home until my end of days.

Well, that's true, we will be very old when the price reaches 200k...or probably before reaching that price bitcoin is not that popular anymore...But who knows...

Maybe it will be true but its a long decades before we see that the price of bitcoin reach 200k each.. But for now we need is real price and actual price so that we can easily make a profit if we decide to buy more bitcoin to make more profit with bitcoins right now..
And i think if we break the price 500 before block halving i think the result will be more increase and reach 1000 value around 700-900..

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Quote from: Bought on April 24, 2016, 03:56:50 AM

maybe this will happen someday, by then i imagine i would be too old to be able to use the money for anything other than keeping me in my nursing home until my end of days.

Well, that's true, we will be very old when the price reaches 200k...or probably before reaching that price bitcoin is not that popular anymore...But who knows...

hv_

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For all who like the scientific aproach to this question and able to extract the final result I share this paper here.

http://journals.plos.org/plosone/article?id=10.1371/journal.pone.0133678

Pls feel free to discuss further on that.

Bought

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maybe this will happen someday, by then i imagine i would be too old to be able to use the money for anything other than keeping me in my nursing home until my end of days.

terman45x

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Quote from: Shibashi Dogemoto on April 24, 2016, 02:10:18 AM

Quote from: GregH37 on April 24, 2016, 01:23:44 AM

Quote from: delliaerd on April 24, 2016, 12:43:22 AM

Quote from: b1007 on November 02, 2015, 05:45:40 PM

Why not? let's say there are 20 million bitcoins in existence in the future, every bitcoin is 200k, then the total market cap is 4 trillion (4000 billion), this may seem like a lot but it's actually quite modest for a global payment network system...

200.000 dollars . Are you kidding me ? Ir is very huge amount of money of every bitcoin. If one bitcoin is be equal to 200k dollars, bitcoin will be the superior currency rather than other currency.

this is just OP's thought. not real. not even possible for bitcoin to achieve 200,000 dollar price. if bitcoin reach only 1000$ in this halving. it will also become an big achievement for bitcoin.

Yeah its taking hard time to reach to $500 so expecting that it will reach to 200k seems to be the waste of time and unrealistic value to achieve for bitcoin.

Yes and I don't think that bitcoin can achieve that high value in future, as its something out of the reach and never possible to achieve it.

hv_

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Quote from: zimmah on April 23, 2016, 08:21:51 PM

Quote from: Enjorlas on April 20, 2016, 11:08:45 AM

and that's not even including all the less liquid assets like gold, stocks, bonds and real estate.

Not to forget this is a time slice view (of what year ?)
Now go and model this with historic fiat deflation rate.... 6 Mio USD in 20 years is just a normal house value.

Shibashi Dogemoto

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Quote from: GregH37 on April 24, 2016, 01:23:44 AM

Quote from: delliaerd on April 24, 2016, 12:43:22 AM

Quote from: b1007 on November 02, 2015, 05:45:40 PM

Why not? let's say there are 20 million bitcoins in existence in the future, every bitcoin is 200k, then the total market cap is 4 trillion (4000 billion), this may seem like a lot but it's actually quite modest for a global payment network system...

200.000 dollars . Are you kidding me ? Ir is very huge amount of money of every bitcoin. If one bitcoin is be equal to 200k dollars, bitcoin will be the superior currency rather than other currency.

this is just OP's thought. not real. not even possible for bitcoin to achieve 200,000 dollar price. if bitcoin reach only 1000$ in this halving. it will also become an big achievement for bitcoin.

Yeah its taking hard time to reach to $500 so expecting that it will reach to 200k seems to be the waste of time and unrealistic value to achieve for bitcoin.

GregH37

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Quote from: delliaerd on April 24, 2016, 12:43:22 AM

Quote from: b1007 on November 02, 2015, 05:45:40 PM

Why not? let's say there are 20 million bitcoins in existence in the future, every bitcoin is 200k, then the total market cap is 4 trillion (4000 billion), this may seem like a lot but it's actually quite modest for a global payment network system...

200.000 dollars . Are you kidding me ? Ir is very huge amount of money of every bitcoin. If one bitcoin is be equal to 200k dollars, bitcoin will be the superior currency rather than other currency.

this is just OP's thought. not real. not even possible for bitcoin to achieve 200,000 dollar price. if bitcoin reach only 1000$ in this halving. it will also become an big achievement for bitcoin.

delliaerd

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Quote from: b1007 on November 02, 2015, 05:45:40 PM

Why not? let's say there are 20 million bitcoins in existence in the future, every bitcoin is 200k, then the total market cap is 4 trillion (4000 billion), this may seem like a lot but it's actually quite modest for a global payment network system...

200.000 dollars . Are you kidding me ? Ir is very huge amount of money of every bitcoin. If one bitcoin is be equal to 200k dollars, bitcoin will be the superior currency rather than other currency.

gilangIDR

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it is a very big price. I think it is impossible for a bitcoin. 200k too much. yet all remains unpredictable, anything can happen in bitcoin. because bitcoin is difficult to predict.

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