1 bitcoin = 200k dollars - page 9. | Bitcointalksearch.org

apriyoni

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Quote from: umaOuma on May 08, 2016, 12:09:46 PM

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.

When it becomes a global currency and is equivalent to the US national debt, its price will be at least $1million each.

umaOuma

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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.

zimmah

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Quote from: Scream on April 29, 2016, 06:33:06 AM

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.

obvious, there is no way and impossible to reach 200k. if talking realistically about bitcoin price not more than $5k.

5k * 21 million is only a market cap of 105 billion, which is very low

arbitrage

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Bitcoin rise was conditioned by adoption and usage, that is why price rise from nothing to 1000$, earlier. But i'm not convinced we have almost doubled number of users with twice more money invested in bitcoin wich is necessary for futher rise. But for pump we don't need nothing except whales and hype caused by block halving.

eddyubachs

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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.

Denker

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Quote from: Mobius on May 07, 2016, 02:20:15 AM

200k would be insane. Maybe once mining is obsolete in 100 years? who knows

It may sound insane now. But think about what Bitcoin can be used for.And compare it tiny $7 billion market cap with the gold and silver markets, real estate, bonds, derivatives, art (paintings), old collective vintage cars and so many more.
If Bitcoin could just take a bit of each of those markets 200k is not insane anymore.

Bitcoin could become a completely new asset class.This is crypto asset/crypto property!

Only 1% of the gold above ground which is ~$7,8 trillion in Bitcoin would push it to a new ATH of over $4000/BTC!

Of course this would process will need several years or even decades and therefore won't happen over night.

Or for instance 1% of offshore stored money which isn't taxed would give each BTC a value of over $2 million!!!
Panama papers was just a tip of the iceberg!

arbitrage

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I can't find any realistic statement about why people expecting very high price such as few thousands of dollars or even more.. I mean can we really expect bitcoin will only have rise and rise and nothing more?

pereira4

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Quote from: Mobius on May 07, 2016, 02:20:15 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.

InsideBjorn

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Quote from: iv4n on April 29, 2016, 07:22:13 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...

Maybe in far future something like this can happen. But in next 10, 20 years for sure no. We need to realize that bitcoin will have many more obstacles before it become global currency in real meaning of that word. We all see how bitcoin is growing and it's not smart to rush in things so early.

200 k for 1 BTC is just a dream for now, to make that dream come true we need to focus on 500 $ first, then 700 $, 900 $... with small steps we can go much further, smart and wise steps are much better then running.

If we see bitcoin on 700 $ stabile before new year that will be big success for bitcoin and bitcoin community.

Bitcoin will not have that high value and I think Bitcoin will only reach in the end of the year some $500 and thats it.
We have to deal with it and wait a longer time if we want to make some more profit but we cant control it and that is bad.

Mobius

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200k would be insane. Maybe once mining is obsolete in 100 years? who knows

apriyoni

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Quote from: eddyubachs on May 05, 2016, 05:20:29 AM

Quote from: Asrael999 on May 05, 2016, 02:15:58 AM

Quote from: 1Referee on May 05, 2016, 02:13:34 AM

Quote from: apriyoni on May 05, 2016, 02:03:58 AM

Quote from: praprata on May 03, 2016, 03:40:18 AM

I wish that this was true but we all know that this is not happening any time soon. That price is just way to high I cannot even imagine the price to be that high.
But it would be good for the future if the Bitcoin price was 200k that would make me rich.

It will not happen in 1 to 5 years. But it will happen in 10 to 20 years. The monetary policy of Bitcoin is very transparent.

If you really believe the price to go up to $200,000 in 10-20 years, then why don't you collect all your money and go all in right now?

Forget using your own money - if you really believe that, borrow as much as you can, lever yourself to the hilt and buy every coin you can....... just dont come crying when they foreclose on you and you are destitute in the street.

I think that value is too high to achieve and if it reaches there then that would be the best value to hold and everyone will become millionaire in future.

That could happen that the early adopters like us can be millinaires. But it depends on the mass adoption of the coin.

eddyubachs

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Quote from: Asrael999 on May 05, 2016, 02:15:58 AM

Quote from: 1Referee on May 05, 2016, 02:13:34 AM

Quote from: apriyoni on May 05, 2016, 02:03:58 AM

Quote from: praprata on May 03, 2016, 03:40:18 AM

I wish that this was true but we all know that this is not happening any time soon. That price is just way to high I cannot even imagine the price to be that high.
But it would be good for the future if the Bitcoin price was 200k that would make me rich.

It will not happen in 1 to 5 years. But it will happen in 10 to 20 years. The monetary policy of Bitcoin is very transparent.

If you really believe the price to go up to $200,000 in 10-20 years, then why don't you collect all your money and go all in right now?

Forget using your own money - if you really believe that, borrow as much as you can, lever yourself to the hilt and buy every coin you can....... just dont come crying when they foreclose on you and you are destitute in the street.

I think that value is too high to achieve and if it reaches there then that would be the best value to hold and everyone will become millionaire in future.

Asrael999

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Quote from: 1Referee on May 05, 2016, 02:13:34 AM

Quote from: apriyoni on May 05, 2016, 02:03:58 AM

Quote from: praprata on May 03, 2016, 03:40:18 AM

I wish that this was true but we all know that this is not happening any time soon. That price is just way to high I cannot even imagine the price to be that high.
But it would be good for the future if the Bitcoin price was 200k that would make me rich.

It will not happen in 1 to 5 years. But it will happen in 10 to 20 years. The monetary policy of Bitcoin is very transparent.

If you really believe the price to go up to $200,000 in 10-20 years, then why don't you collect all your money and go all in right now?

Forget using your own money - if you really believe that, borrow as much as you can, lever yourself to the hilt and buy every coin you can....... just dont come crying when they foreclose on you and you are destitute in the street.

1Referee

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Quote from: apriyoni on May 05, 2016, 02:03:58 AM

Quote from: praprata on May 03, 2016, 03:40:18 AM

I wish that this was true but we all know that this is not happening any time soon. That price is just way to high I cannot even imagine the price to be that high.
But it would be good for the future if the Bitcoin price was 200k that would make me rich.

It will not happen in 1 to 5 years. But it will happen in 10 to 20 years. The monetary policy of Bitcoin is very transparent.

If you really believe the price to go up to $200,000 in 10-20 years, then why don't you collect all your money and go all in right now?

apriyoni

sr. member

Activity: 308

Merit: 250

Quote from: praprata on May 03, 2016, 03:40:18 AM

I wish that this was true but we all know that this is not happening any time soon. That price is just way to high I cannot even imagine the price to be that high.
But it would be good for the future if the Bitcoin price was 200k that would make me rich.

It will not happen in 1 to 5 years. But it will happen in 10 to 20 years. The monetary policy of Bitcoin is very transparent.

praprata

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I wish that this was true but we all know that this is not happening any time soon. That price is just way to high I cannot even imagine the price to be that high.
But it would be good for the future if the Bitcoin price was 200k that would make me rich.

Nimbulan

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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 would say that it is way too early to such a large price, 200k$ is a lot, so of course we won't see that early as bitcoin is not that popular yet

we can see this price after let's say 35 years, and only if bitcoin will be more and more popular, so price would be higher too, and of course more stores would accept them too

harizen

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Quote from: Shinpako09 on May 02, 2016, 03:48:47 AM

I think this is nearly impossible. Actually im not dreaming of this price $200k. $2k or even $1k per 1btc would be enough for me. As long as the price dont get lower than $1k.

Well that is really insane to think that price will reach $200,000.

Im a bitcoin believer but not to the point that I will expect to reach it to $200,000.

It has a major consequences in economy if that will happened.

Shinpako09

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I think this is nearly impossible. Actually im not dreaming of this price $200k. $2k or even $1k per 1btc would be enough for me. As long as the price dont get lower than $1k.

CryptoBjorn

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We are not even close to $200,000 per Bitcoin so I do not even know when this is going to happen. Maybe it will happen in the future, many people would be happy because they know that they can make allot of money is the price will be this high.

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