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Topic: 1 bitcoin = 200k dollars - page 8. (Read 17345 times)

legendary
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
May 18, 2016, 01:01:44 PM
If the bitcoin double every two years, in 20 years, it will be 1000 times of present value, or $400,000.

Your calculation is perfect but your thinking doesn't seem to be realistic. You can't expect bitcoin to get doubled every year, also something to be around $400000 is unreachable in my opinion.

Where would you get it doubling every year for 20 years? History does not show this is likely and 400k is not happening.

200k is not happening, lets get to 2k with a shed load of support then talk about the next milestone  Cheesy
legendary
Activity: 3192
Merit: 1213
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May 18, 2016, 12:56:14 PM
If the bitcoin double every two years, in 20 years, it will be 1000 times of present value, or $400,000.

Your calculation is perfect but your thinking doesn't seem to be realistic. You can't expect bitcoin to get doubled every year, also something to be around $400000 is unreachable in my opinion.
sr. member
Activity: 350
Merit: 250
May 18, 2016, 10:11:09 AM
If the bitcoin will reach the 200k each i will sell all of my coins. because as you can see 200k each that is quiet allot and i dont think the price of the bitcoin will ever be higher then that amount. So i wil sell all of my coins on that moment.
hero member
Activity: 672
Merit: 500
May 18, 2016, 04:48:39 AM
I don't think this is realistic approach but is a day dream.I will say a price with stability at above 500 $ is much more better than huge pumps and dumps.I expect a huge rise in coming weeks in halving phase but this is too high to believe that it can ever happen.
sr. member
Activity: 364
Merit: 250
May 18, 2016, 04:32:10 AM
If the bitcoin double every two years, in 20 years, it will be 1000 times of present value, or $400,000.
It's impossible expect bitcoin price double every two year like now we are already closer with halving but the price still stay around 450$. Roll Eyes
We have to be realistic guys and of course it will never reach that high value because it is now not even rising so that is already bad enough and if that is going to happen we are all rich.
So Bitcoin will also not have after that a value anymore so that is really bad.
sr. member
Activity: 350
Merit: 250
May 18, 2016, 04:01:13 AM
as you can see there are several people who think he will ever hit the 200k each bitcoin but i doubt that.
Don't think he will ever hit that amount that is so big how many people will get rich if it happens. quiet allot can i tell you.
legendary
Activity: 1176
Merit: 1001
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May 18, 2016, 03:44:55 AM
If the bitcoin double every two years, in 20 years, it will be 1000 times of present value, or $400,000.
It's impossible expect bitcoin price double every two year like now we are already closer with halving but the price still stay around 450$. Roll Eyes
sr. member
Activity: 350
Merit: 250
May 18, 2016, 03:36:18 AM
if the bitcoin will be that price there will be allot of rich people on the earth. There are
some guys who has hundreds of bitcoins if they sell them by that time they are very rich.
sr. member
Activity: 364
Merit: 250
May 18, 2016, 03:36:17 AM
If one bitcoin will be 200k each the bitcoin will stop existing because everybody is going to sell their coins of course. And
that will be defiantly the end of the bitcoin.
newbie
Activity: 44
Merit: 0
May 18, 2016, 03:20:21 AM
If the bitcoin double every two years, in 20 years, it will be 1000 times of present value, or $400,000.
sr. member
Activity: 271
Merit: 250
May 09, 2016, 09:54:47 AM
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... Smiley
That's not how it goes why would one bitcoin be 200k if he reach the top. i dont think he will ever be as
such a hight. You know money rolls so are bitcoins he will get a stable value.
hero member
Activity: 896
Merit: 1000
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May 09, 2016, 09:52:18 AM
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... Smiley
It can be possible but we all know that it is way to soon for something like that to happen at this moment. Maybe in the future this is going to come out but definitely not now.
sr. member
Activity: 420
Merit: 250
May 09, 2016, 09:51:28 AM
We could dream about this because this will of course never happen its just impossible if you ask me.
The price can rise to a high amount but this is just too much....
legendary
Activity: 1106
Merit: 1005
May 09, 2016, 09:41:43 AM
I don't think that value is ever possible  to achieve, and if you think that it can achieve then you are wasting your time, it is unrealistic value to achieve.

I even think $10,000 is the price also unrealistic. so how with 200k dollars lol. it really unrealistic.

yeah, i never like these gigantic numbers for bitcoin price either. all of them look so unrealistic to me. you can argue about the adoption and do a lot of math to prove $10K, $20K,... but i think all of it is irrelevant until there is real mass adoption and a couple of years pass after the adoption.


all the gold in the world together is worth $7,521,837,389,666 and some people claim gold is way underpriced right now.

How many people do you actually know that own gold? (not including the few milligrams of gold in electronic devices or things like wedding rings)

how many people actually use gold as a currency?

if we assume bitcoin can get at least he same market cap as gold, that would already put us at $358,183 per bitcoin.

That's not even including the fact that bitcoin is more than just a store of value alone, and can actually be used as a currency, and a very good currency as well.

t's not a big stretch to believe bitcoin can easily get into 6 digits or even 7 digits. 8 digits may be a stretch but even that is not impossible.
newbie
Activity: 52
Merit: 0
May 09, 2016, 08:53:59 AM
200k would be insane. Maybe once mining is obsolete in 100 years? who knows

No, we should hit 6 figures in the next 10 years. The marketcap is insanely small for Bitcoin right now, the power of Bitcoin is on the trillions of dollars for a marketcap, which would put the price at more than 100k dollars. This is EASILY achievable in the next 10 years as options to move money outside of the system become practically impossible besides Bitcoin.
It is not going to that high and the reason is because it is stable for a long time so it needs also time to reach that high value otherwise it will be no possible for you and that can be bad for you.
But you need also some patience if you want to make some profit with it and that can be bad for you.
hero member
Activity: 994
Merit: 502
May 09, 2016, 08:09:19 AM
200k would be insane. Maybe once mining is obsolete in 100 years? who knows

No, we should hit 6 figures in the next 10 years. The marketcap is insanely small for Bitcoin right now, the power of Bitcoin is on the trillions of dollars for a marketcap, which would put the price at more than 100k dollars. This is EASILY achievable in the next 10 years as options to move money outside of the system become practically impossible besides Bitcoin.
As you can see now you see that the value is going to be more worth indeed slowly now and that would be perfect for the most people but you dont know what will happen with the value.
And that is because there are still a lot of people that is getting more greedy so they want to make profit in a fast time.
Price is moving each day so worthy, in this situation reaching $1k is already in vain, I can't even imagine this high value in future too.
sr. member
Activity: 336
Merit: 250
May 09, 2016, 07:57:09 AM
200k would be insane. Maybe once mining is obsolete in 100 years? who knows

No, we should hit 6 figures in the next 10 years. The marketcap is insanely small for Bitcoin right now, the power of Bitcoin is on the trillions of dollars for a marketcap, which would put the price at more than 100k dollars. This is EASILY achievable in the next 10 years as options to move money outside of the system become practically impossible besides Bitcoin.
As you can see now you see that the value is going to be more worth indeed slowly now and that would be perfect for the most people but you dont know what will happen with the value.
And that is because there are still a lot of people that is getting more greedy so they want to make profit in a fast time.
legendary
Activity: 1946
Merit: 1137
May 09, 2016, 05:54:06 AM
I don't think that value is ever possible  to achieve, and if you think that it can achieve then you are wasting your time, it is unrealistic value to achieve.

I even think $10,000 is the price also unrealistic. so how with 200k dollars lol. it really unrealistic.

yeah, i never like these gigantic numbers for bitcoin price either. all of them look so unrealistic to me. you can argue about the adoption and do a lot of math to prove $10K, $20K,... but i think all of it is irrelevant until there is real mass adoption and a couple of years pass after the adoption.
legendary
Activity: 1442
Merit: 1014
May 09, 2016, 05:01:31 AM
Even if bitcoin becomes a global currency this value is impossible to achieve, bitcoin can never be a $2m coin at any point of time.

Ok then please explain why it can not achieve that value!
And why the hell you see Bitcoin only as a currency? It's why more than that!!! And when you understand that and see all the other things what Bitcoin can be used and be good for, then you realize what markets these are Bitcoin could take a piece off.
Hell there will be use cases and businesses we have no clue about right now because it's too early.
Or have you thought in 1995 about youtube, Netflix, wikipedia, twitch, facebook, twitter, google? No of course not!
But there are people, developers out there who think outside the box and have lots of imagination and creativity.They are just waiting for one or the other new implementation to the protocol to make their ideas become reality.And one of those startups might be the trigger for a Bitcoin major breakthrough, just like the world wide web or email was for the internet in the 90s!
legendary
Activity: 1862
Merit: 1046
May 09, 2016, 04:36:36 AM
I don't think that value is ever possible  to achieve, and if you think that it can achieve then you are wasting your time, it is unrealistic value to achieve.

I even think $10,000 is the price also unrealistic. so how with 200k dollars lol. it really unrealistic.
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