1 bitcoin = 200k dollars - page 15. | Bitcointalksearch.org

greBit

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Quote from: lrdeoliveira on March 18, 2016, 07:59:34 AM

Quote from: b1007 on November 02, 2015, 06:45:40 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...

since dreaming it's free, yes we can dream about this, but sincerely i don't believe bitcoin will ever reach 200.000$/coin

It is very unpredictable to say. As you told we can dream but it might come true but has to wait very long i suppose. It is very difficult to say because when the price gets higher also it drops sometime because of which we cannot say any average figure of it. But nothing harm in having the right expectation.

fravia

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we will definitely have to wait for a really long time in order to see such number in price because now it is nearly impossible in my opinion so it will take about 3 years for this to happen

Quote from: peta4e on March 18, 2016, 11:43:02 AM

Quote from: MaxTax on March 18, 2016, 10:53:30 AM

Quote from: lrdeoliveira on March 18, 2016, 07:59:34 AM

Quote from: b1007 on November 02, 2015, 06:45:40 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...

since dreaming it's free, yes we can dream about this, but sincerely i don't believe bitcoin will ever reach 200.000$/coin

I dont think that it will happen, that is almost impossible and very hard to get it because it is a very high value.
We all hope later of course that it will be more worth but it wont be that high or maybe after 20 years or something.

No mate even after 20 years I don't think that this value is achievable as it is too high to expect, I think maximum we can expect is around 10k not more then that.

after 20 years i believe that it will be highly achievable as more people will put their money into bitcoin and the whole blockchain technology

Altcoinsupporter

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Quote from: peta4e on March 18, 2016, 11:43:02 AM

Quote from: MaxTax on March 18, 2016, 10:53:30 AM

Quote from: lrdeoliveira on March 18, 2016, 07:59:34 AM

Quote from: b1007 on November 02, 2015, 06:45:40 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...

since dreaming it's free, yes we can dream about this, but sincerely i don't believe bitcoin will ever reach 200.000$/coin

I dont think that it will happen, that is almost impossible and very hard to get it because it is a very high value.
We all hope later of course that it will be more worth but it wont be that high or maybe after 20 years or something.

No mate even after 20 years I don't think that this value is achievable as it is too high to expect, I think maximum we can expect is around 10k not more then that.

Indeed the 200k is just too much, its unrealistic and not possible in the lifetime for the bitcoin in my opinion.
I do not think this is even possible when the bitcoin is doing it well, its just not reachable.

peta4e

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Quote from: MaxTax on March 18, 2016, 10:53:30 AM

Quote from: lrdeoliveira on March 18, 2016, 07:59:34 AM

Quote from: b1007 on November 02, 2015, 06:45:40 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...

since dreaming it's free, yes we can dream about this, but sincerely i don't believe bitcoin will ever reach 200.000$/coin

I dont think that it will happen, that is almost impossible and very hard to get it because it is a very high value.
We all hope later of course that it will be more worth but it wont be that high or maybe after 20 years or something.

No mate even after 20 years I don't think that this value is achievable as it is too high to expect, I think maximum we can expect is around 10k not more then that.

MaxTax

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Quote from: lrdeoliveira on March 18, 2016, 07:59:34 AM

Quote from: b1007 on November 02, 2015, 06:45:40 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...

since dreaming it's free, yes we can dream about this, but sincerely i don't believe bitcoin will ever reach 200.000$/coin

I dont think that it will happen, that is almost impossible and very hard to get it because it is a very high value.
We all hope later of course that it will be more worth but it wont be that high or maybe after 20 years or something.

Kingno.1

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If that would actually happens then bitcoin might be universally legally accepted currency. And there are fair chances that world will have a single currency in future and that would be bitcoin. Cheesy

randy8777

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Quote from: vero on March 18, 2016, 01:56:13 AM

Quote from: cooldgamer on March 16, 2016, 02:24:54 PM

Bitcoin is never going to become a global currency with the market cap of every country. Could you really see it becoming worth that much, with most of the rich people simply being ones that had a single coin?

It's alternative form of money, just like gold, stocks, etc... but it's not going to take the world over completely.

agree bitcoin is never become a global currency but bitcoin is alternative for who want send money fast just in a hour you can send money to you friend or family in other countries.

bitcoin is indeed just an alternative to fiat currencies, but for some reason people still think it will replace the dollar and become the main currency of the world. bitcoin at this point is nothing more than a tiny dot compared to what the market cap of the dollar, euro, and even gold is. people should stop with dreaming about unrealistic things and put their focus on real things.

Niemands

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Quote from: b1007 on November 02, 2015, 06:45:40 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...

200k?

Ok, whose bet will be higher? Grin

lrdeoliveira

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Quote from: b1007 on November 02, 2015, 06:45:40 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...

since dreaming it's free, yes we can dream about this, but sincerely i don't believe bitcoin will ever reach 200.000$/coin

NeuroticFish

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Quote from: LoyceV on March 18, 2016, 07:54:00 AM

Quote from: NeuroticFish on March 18, 2016, 07:47:58 AM

Big names work on quantum computer as we talk. If that comes to reality, the SHA-256 Bitcoin relies on will be cracked easily and Bitcoin will become worthless.

When that happens the financial world has much biggr problems than just Bitcoin being compromised! I wouldn't worry about things that don't exist.

I'm not worried. I was just telling that the time span to reach 200k is not infinite and depends on too many factors.
Let's be just moderately optimistic Wink

LoyceV

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Quote from: NeuroticFish on March 18, 2016, 07:47:58 AM

Big names work on quantum computer as we talk. If that comes to reality, the SHA-256 Bitcoin relies on will be cracked easily and Bitcoin will become worthless.

When that happens the financial world has much biggr problems than just Bitcoin being compromised! I wouldn't worry about things that don't exist.

I found a discussion topic about it: Quantum computers and Bitcoin (2012)
Short summary: Your private key is safe as long as your public key is safe. In other words don't re-use addresses ever.

NeuroticFish

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Quote from: Jmild1 on March 17, 2016, 06:08:20 PM

Quote from: NeuroticFish on March 17, 2016, 06:02:58 PM

It depends on how many people will want to have Bitcoin, how much Bitcoin will they want (and put in cold storage). If the numbers get big, the price has to rise accordingly. The sky can be the limit.

There are voices that even tell that one day the point will be moved 'to the right' to make it look more affordable.

we observed that technology is rising so fast this past years, and I think if this will continue we will develop a technology era. Where in this case I confidently conclude that bitcoin value will be proportion on this time if the technology is also give a very big impact in our life

Technology is not the only thing to take into account when investing in this.
A lot of whales with a lot of money to invest are old and don't trust technology.
Technology can be great but it can also fail. Bitcoin is made and maintained by developers, which are human: a mistake is always possible.
Big names work on quantum computer as we talk. If that comes to reality, the SHA-256 Bitcoin relies on will be cracked easily and Bitcoin will become worthless.

Don't take me wrong, I also wish BTC rise a lot. But let's get more pragmatic on this, mkay?

darkmagician

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I cant believe it, 200k dollars that was huge amount . Unfortunately we will wait for another 200 hundred years before it happens cause its too imposible

LoyceV

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Quote from: Meuh6879 on March 16, 2016, 06:13:59 PM

See you .. . after the effects of the halving (october/november 2016).

Not much spectacular happened around the previous halving (from 50 to 25 BTC block reward). Why would that be different now?
The "problem" is that halvings are a few years apart, and by then people have forgotten the previous halving. The effect of every halving gets smaller anyway, as less and less bitcoins are left to be mined.

Wapinter

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Quote from: Hugroll on November 02, 2015, 07:57:35 PM

ya but for that to happen people have to be willing to buy bitcoin at $200k each lol. bitcoin would need to become worlds biggest currency in order for prices to go that high.

I think if some oil producing nation start accepting bitcoin for oil export,Bitcoin price will be $1 million in a jiffy.I guess IS of Iraq can make headings in this way

btcxyzzz

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Quote from: b1007 on November 02, 2015, 06:45:40 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...

You're right, but you should replace keyword Bitcoin with keyword Ethereum, maybe even IOTA Token Wink

Pollak

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You never know what can happen with the value. But you need to be realistic and that is not realistic I think. Because that is a lot of money and that is so much that it is impossible.
Of course it will be more worth later in the future. But that will take a really long time to have a high value because it is rising very slowly.

ivanst776

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It can worth 200k cents not dollars which means somewhere at 2,000 usd at the moment, i highly doubt that bitcoin will go so much high, just imagine market cap !!! It would be 3 trillion dollars +

pissedoff

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$200k per coin is a very high amount and I don't think bitcoin will hit that high.

Even if it does go to $200k per coin it won't be used as a regular currency.

Xialla

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yes this is possible once 200k dollars worth 400 dollars these days:)

Topic: 1 bitcoin = 200k dollars - page 15. (Read 17399 times)