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Topic: 1 BTC = 100.000 to 1 million is a possibility in 2035 - page 3. (Read 7642 times)

hero member
Activity: 812
Merit: 500
If you think that it would be happened in future, than i suggest you, you should hold only 1 BTC, because as you said and as you think that bitcoin might be go up too much.
But i think better is that we should live in present, and see whats going on. Recently Halving has gone, and a huge people have predict about bitcoin that bitcoin would be cross $ 1000 to $1200, but i never see anything, So now see what is now in bitcoin and try to make profit with it.     
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
I hate to repeat myself, but this thing is one of the most often issues misunderstood in this forum. it is a completely different ball game to grow your share from $.01 to  $1, than from $100 to $10k although it is 100 fold growth each time. The scaling effect is something people completely forget about.

and here you are wrong again.

Yes, much more money is needed to move the price from $100 to $1000 than it is to move from $1 to $10, but you forget that the growth of users grows exponentially as well.

And with more users, comes more money.
It is not that easy. It seems you are yet another one who forgets how really exponential function works. Exponential growths in nature are not sustainable in the long run. Take any example you want and you will see that at some stage you run out of resources to sustain the exponential run (e.g., bacterias are growing exponentialy, or nearly that fast, as long as there is enough food to sustain their colony). I really recommend watching TEDTalks video on exponential function, to understand how fast it grows and how difficult is to keep its pace.
Same law applies to Bitcoin. At one stage you run out of new people bringing new money to keep the things going.
sr. member
Activity: 434
Merit: 250
This is never gonna happen, the fact is that the bitcoin is rising a lot and I think we can achieve a large amount but this is just way too much without any doubts..
We cannot accomplish such high prices, the bitcoin is maybe even gone in that year.

Bitcoin is rising? I don't think so...
It's stable and will be stable for more years, maybe the next halving can increase the price, or not.
sr. member
Activity: 448
Merit: 250
This is never gonna happen, the fact is that the bitcoin is rising a lot and I think we can achieve a large amount but this is just way too much without any doubts..
We cannot accomplish such high prices, the bitcoin is maybe even gone in that year.
hero member
Activity: 3024
Merit: 745
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I do not know what to expect from this year but I think that 2035 is way too far too predict right now and I also do not think it will happen.
The number is just way too high its not possible in my eyes..

Well we don't even know if we are still going to be alive by that year. But I would say 1 million dollar valued bitcoin is not going to happen that time. Unless the demand of bitcoin is going to be higher and it is going to be the primary currency of the whole Earth. But still I don't think that it is going to reach $1 million.
legendary
Activity: 2590
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Welt Am Draht

Yes, much more money is needed to move the price from $100 to $1000 than it is to move from $1 to $10, but you forget that the growth of users grows exponentially as well.

And with more users, comes more money.


That's the real brute of a task. Despite all the wonderfulness I can't see much evidence of a huge upswell of users. It's pootling along nicely but a powerful rise needs more than a pootle.
legendary
Activity: 1106
Merit: 1005
100,000 to 1 Million, nice range you got there. Wink Even though growth is exponential and not linear, this price range is just too much for Bitcoin. Who would put that much money on Bitcoin? A millionaire? I think not. Most millionaires didn't get rich because of Bitcoin. And if you're going to say that investing much money if you're a millionaire is a good thing to do, well, yes, for you. Because you already know Bitcoins and you have the mindset. But to those millionaires, they will just continue their business.

the problem is all you simpleminded people keep thinking about bitcoin as whole units.

The fact is if at any point in time more than 20 million people want to own bitcoin, not everyone will be able to afford a whole bitcoin.

If 100 million or even a billion persons want to own bitcoin than a bidding war will start for a FRACTION of a bitcoin.

So people would pay hundreds or even thousands of dollars for a small fraction of a bitcoin (that we basically consider a mining fee today).

There is no other way, if lots of people want bitcoin, there just is not enough bitcoin to give every person a full bitcoin, so a full bitcoin has to be too expensive to afford for almost everyone.

My vote to move this topic to sci-fi section on this forum, if there is one. If not, we defintely need it for such topics. It is just one example, but there are more: $100k in 2025, etc.
It  is good to speculate, but there should be some line between wild speculation and madness.

sorry but you're wrong. an dif you have read any of my posts you'd know why.

People said the same when BTC's price reached $1!
And it repeated when it reached $10 and $100!!!

All of those figures were a piece of piss to reach. Alts have been doing it without breaking much of a sweat. To get to the next level requires a big chunk of people to take it to their hearts. That's the real ball breaker. You can get so far on a small number of maniacs and that's where we are now. To get beyond it is a major undertaking that's out of our hands.
I hate to repeat myself, but this thing is one of the most often issues misunderstood in this forum. it is a completely different ball game to grow your share from $.01 to  $1, than from $100 to $10k although it is 100 fold growth each time. The scaling effect is something people completely forget about.

and here you are wrong again.

Yes, much more money is needed to move the price from $100 to $1000 than it is to move from $1 to $10, but you forget that the growth of users grows exponentially as well.

And with more users, comes more money.

Until 2035, Bitcoin will probably be taken over by other new currencies. Or maybe by currencies that are being developed at the time of writing this post. Bitcoin will remain a trading and gambling currency though, because.. At this moment, this is what it mostly is.

there's no reason for bitcoin to be replaced by other currencies, the only thing i am afraid of is the Core devs who might ruin bitcoin. But if bitcoin just keeps innovating (instead of the reluctance to change the Core team has) it can easily stay at the top.

Until 2035, Bitcoin will probably be taken over by other new currencies. Or maybe by currencies that are being developed at the time of writing this post. Bitcoin will remain a trading and gambling currency though, because.. At this moment, this is what it mostly is.

I guess you are right. Bitcoin has a certain timeframe and I doubt we will see it at the end of 2030, let alone 2035. Or it may be integrated in the system of ours that it can't be stopped.
Which is also a possibility
I also agree that Bitcoin is currently a pure speculation machine and if this doesn't change its fate can be only one. However, at the moment the best of the alternatives are not yet good enough to wipe Bitcoin out.

Actually some altcoins are probably even better than bitcoin in some areas. And the Core team is doing a great job at wiping bitcoin out without the help of any altcoins doing that for them.


uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
Until 2035, Bitcoin will probably be taken over by other new currencies. Or maybe by currencies that are being developed at the time of writing this post. Bitcoin will remain a trading and gambling currency though, because.. At this moment, this is what it mostly is.

I guess you are right. Bitcoin has a certain timeframe and I doubt we will see it at the end of 2030, let alone 2035. Or it may be integrated in the system of ours that it can't be stopped.
Which is also a possibility
I also agree that Bitcoin is currently a pure speculation machine and if this doesn't change its fate can be only one. However, at the moment the best of the alternatives are not yet good enough to wipe Bitcoin out.
sr. member
Activity: 406
Merit: 250
I do not know what to expect from this year but I think that 2035 is way too far too predict right now and I also do not think it will happen.
The number is just way too high its not possible in my eyes..
hero member
Activity: 896
Merit: 1000
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Until 2035, Bitcoin will probably be taken over by other new currencies. Or maybe by currencies that are being developed at the time of writing this post. Bitcoin will remain a trading and gambling currency though, because.. At this moment, this is what it mostly is.

I guess you are right. Bitcoin has a certain timeframe and I doubt we will see it at the end of 2030, let alone 2035. Or it may be integrated in the system of ours that it can't be stopped.
Which is also a possibility
legendary
Activity: 1134
Merit: 1598
Until 2035, Bitcoin will probably be taken over by other new currencies. Or maybe by currencies that are being developed at the time of writing this post. Bitcoin will remain a trading and gambling currency though, because.. At this moment, this is what it mostly is.
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
People said the same when BTC's price reached $1!
And it repeated when it reached $10 and $100!!!

All of those figures were a piece of piss to reach. Alts have been doing it without breaking much of a sweat. To get to the next level requires a big chunk of people to take it to their hearts. That's the real ball breaker. You can get so far on a small number of maniacs and that's where we are now. To get beyond it is a major undertaking that's out of our hands.
I hate to repeat myself, but this thing is one of the most often issues misunderstood in this forum. it is a completely different ball game to grow your share from $.01 to  $1, than from $100 to $10k although it is 100 fold growth each time. The scaling effect is something people completely forget about.
sr. member
Activity: 350
Merit: 250
People said the same when BTC's price reached $1!
And it repeated when it reached $10 and $100!!!

All of those figures were a piece of piss to reach. Alts have been doing it without breaking much of a sweat. To get to the next level requires a big chunk of people to take it to their hearts. That's the real ball breaker. You can get so far on a small number of maniacs and that's where we are now. To get beyond it is a major undertaking that's out of our hands.

I am not a supporter of this kind of threads too. It makes no sense to discuss a price that is fair in the future. Bitcoin has potential, this much is true. But how much and to what extent, is something we will see/experience when time passes.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
People said the same when BTC's price reached $1!
And it repeated when it reached $10 and $100!!!

All of those figures were a piece of piss to reach. Alts have been doing it without breaking much of a sweat. To get to the next level requires a big chunk of people to take it to their hearts. That's the real ball breaker. You can get so far on a small number of maniacs and that's where we are now. To get beyond it is a major undertaking that's out of our hands.
legendary
Activity: 1442
Merit: 1016
I don't see this happening. That would be a huge price increase and probably not realistic. I could see the price go to a few thousand but not much more than that.

People said the same when BTC's price reached $1!
And it repeated when it reached $10 and $100!!!
Fact is we can not know what's going to happen within the next years.How Bitcoin will grow and evolve.All this will have significant influence on the price.
And maybe in 19 years you will look back and think:"Damn if I only had bought more BTC when it was that ridiculous cheap!"
This doesn't mean that Bitcoin must be worth $100k+. It's also possible that it will be worth lower to middle 5 figures.
But even then the actual price would have been extremely cheap.

There were so many early adopters with 10k+ coins who have sold when price reached $1, $10, $30 and so on.
I don't wanna know how often they think about that just holding for a few more years would have made them insanely rich compared to their investment.
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
My vote to move this topic to sci-fi section on this forum, if there is one. If not, we defintely need it for such topics. It is just one example, but there are more: $100k in 2025, etc.
It  is good to speculate, but there should be some line between wild speculation and madness.
hero member
Activity: 826
Merit: 502
100,000 to 1 Million, nice range you got there. Wink Even though growth is exponential and not linear, this price range is just too much for Bitcoin. Who would put that much money on Bitcoin? A millionaire? I think not. Most millionaires didn't get rich because of Bitcoin. And if you're going to say that investing much money if you're a millionaire is a good thing to do, well, yes, for you. Because you already know Bitcoins and you have the mindset. But to those millionaires, they will just continue their business.
hero member
Activity: 714
Merit: 500
Me, myself and I
Sometimes i was thinking why we must think too far maybe we want get huge profit from bitcoin but maybe it's good we think about 5 year again so the prediction will not wrong too far.
member
Activity: 112
Merit: 10
very imposible is bitcoin price up until reach one milion dollar every one bitcoin
bitcoin price never up to one milion dollar
if accident same with bitcoin is very low price 1dollar every one bitcoin, its bitcoin price one milon dollar
same bitcoin can die
sr. member
Activity: 364
Merit: 254
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I don't see this happening. That would be a huge price increase and probably not realistic. I could see the price go to a few thousand but not much more than that.
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