1 bitcoin = 200k dollars - page 16. | Bitcointalksearch.org

n0ne

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Quote from: vero on March 18, 2016, 12:56:13 AM

Quote from: cooldgamer on March 16, 2016, 01:24:54 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.

When bitcoin gets used by most of the people, even if it does't get global acceptance it can be considered a global currency. As suggested it will be the best alternative for the dollar or some other local currency.

vero

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Quote from: cooldgamer on March 16, 2016, 01:24:54 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.

Ulloa

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Quote from: Meuh6879 on March 16, 2016, 05:13:59 PM

Quote from: cooldgamer on March 16, 2016, 01:24:54 PM

Bitcoin is never going to become a global currency ...

Say It AGAIN ... when the bitcoins only cost 2 USD ?

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

You are right that it can rise to a high amount but I think 200k is just too much and I even think everyone here would agree it with me.
The bitcoin could reach a big amount with the halving but I think it will be max at 1k or a little bit more, and 200k is just unrealistic without any doubts this will never happen.

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Quote from: NeuroticFish on March 17, 2016, 05:02:58 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

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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.

Jmild1

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Quote from: umaOuma on March 17, 2016, 04:49:11 PM

Quote from: Jmild1 on March 17, 2016, 02:52:49 PM

This is possible but this should be proportioned with time. So if you're talking about 10years after, the probablity is 10% if 50 years then 50%. That's how I think it is.

This very high price to expect which seems to be impossible, if it reaches there then I would get retired from work and start enjoying my life.

As I said this should be proportioned with time

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Quote from: Jmild1 on March 17, 2016, 02:52:49 PM

This is possible but this should be proportioned with time. So if you're talking about 10years after, the probablity is 10% if 50 years then 50%. That's how I think it is.

This very high price to expect which seems to be impossible, if it reaches there then I would get retired from work and start enjoying my life.

Jmild1

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This is possible but this should be proportioned with time. So if you're talking about 10years after, the probablity is 10% if 50 years then 50%. That's how I think it is.

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Quote from: Hirose UK on March 17, 2016, 06:41:03 AM

Quote from: vendetahome on March 16, 2016, 06:58:59 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...

it could happen if whole world would use bitcoin as currency,but that won't happen anytime soon, changing to bitcoin will take lots of time

also who knows that bitcoin won't die till that moment? bitcoin can die really fast when someone would sell lots of bitcoins at same time, bitcoin would die

that's right. even to reach $1.000 for one bitcoin, it's still hard, but don't lose hope. whatever can happen and don't hope too much because 200k is too high, seriously

Reaching $1000 is one thing, but maintaining a price of at least $1000 will be the biggest challenge for the Bitcoin price so far. For that to happen we need a huge load of buy support and a solid demand at that time. Without that it will probably take years to reach that price level.

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Quote from: Mitchow on March 17, 2016, 10:36:34 AM

Quote from: Bitcoinbro on March 17, 2016, 10:32:53 AM

This not gonna happen look at how slow the market price is going up 200k is not reachable at all in my opinion.
The fact is that 10k is maybe even the maximum the bitcoin can ever going to reach but 200k that is just too much, its so unrealistic.

Yes mate, that is true, we cannot expect that higher price of bitcoin in near future, as it seems to be impossible and unrealistic value to achieve, we should be practical and accept the reality.

\

Yeah simply not possible that price is too high to expect as I think $10k would be the maximum bitcoin can achieve in future nothing above it, and if it does then it would be a miracle.

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Quote from: Bitcoinbro on March 17, 2016, 10:32:53 AM

This not gonna happen look at how slow the market price is going up 200k is not reachable at all in my opinion.
The fact is that 10k is maybe even the maximum the bitcoin can ever going to reach but 200k that is just too much, its so unrealistic.

Yes mate, that is true, we cannot expect that higher price of bitcoin in near future, as it seems to be impossible and unrealistic value to achieve, we should be practical and accept the reality.

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This not gonna happen look at how slow the market price is going up 200k is not reachable at all in my opinion.
The fact is that 10k is maybe even the maximum the bitcoin can ever going to reach but 200k that is just too much, its so unrealistic.

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Quote from: vendetahome on March 16, 2016, 06:58:59 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...

it could happen if whole world would use bitcoin as currency,but that won't happen anytime soon, changing to bitcoin will take lots of time

also who knows that bitcoin won't die till that moment? bitcoin can die really fast when someone would sell lots of bitcoins at same time, bitcoin would die

that's right. even to reach $1.000 for one bitcoin, it's still hard, but don't lose hope. whatever can happen and don't hope too much because 200k is too high, seriously

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200k per bitcoin.. well i think is just a dream maybe it will happen but honestly that price is impossible and i think even we dream in $3000 is impossible.
Well just lets hope it will happen in the future..

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Quote from: hasiramasenju on March 16, 2016, 11:49:48 PM

be optimistic is very good but again we must see the fact because we even didn't see prices back again to $1000 and how could that possible bitcoin prices will be reach to $200k and i think this is impossible

this is not optimism it is called day dreaming.
especially since OP is just throwing out idea without a proper reason.
bitcoin is good, but it is not going to be adopted by every single person on the planet. so 200K is impossible even if it reaches the mass adoption stage the price will be around 5K

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be optimistic is very good but again we must see the fact because we even didn't see prices back again to $1000 and how could that possible bitcoin prices will be reach to $200k and i think this is impossible

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that's unrealistic and will probably never happen. i am already happy if we manage to see the price reach a few $k at some point in the future. in order to do that we need a lot new money coming into bitcoin and we need to see the demand increase significantly. if that doesn't happen, we can forget seeing a price of a few $k. every person who's thinking the bitcoin price will reach $200k needs a reality check. let's first get to $1000 again, and after that we'll start talking again.

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Quote from: Auxi on March 16, 2016, 05:52:04 PM

Quote from: Mohareb on March 16, 2016, 05:32:00 PM

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...

I'm happy. thus i am a multi millionaire. Of course not now but 30 years later. it's not so bad

Do you see 200k in 30 years?

Definitely by 2020-2030,when bitcoin will slowly become more and more close to the cap.

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Quote from: Mohareb on March 16, 2016, 05:32:00 PM

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...

I'm happy. thus i am a multi millionaire. Of course not now but 30 years later. it's not so bad

Do you see 200k in 30 years?

Mohareb

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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...

I'm happy. thus i am a multi millionaire. Of course not now but 30 years later. it's not so bad

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