Topic: 1 BTC = 100.000 to 1 million is a possibility in 2035 - page 8. (Read 7642 times)
If bitcoin alive than might be possible, but it is a long time period, definitely in that time money value also has been increased, so if bitcoin would be reached at 1 million, so in that time 1 million would be consider normal amount. But bitcoin always give us profit it depend on us how we utilize it.
This means a very long time of waiting and to be honest I am not sure if I am still going to be using Bitcoin at that point in my life.
I am not even hoping for that to happen because maybe I will get my hopes up for nothing.
I am not even hoping for that to happen because maybe I will get my hopes up for nothing.
It's very unlikely but still possible.
People often forget that its price is measured by market cap. The currencies it's priced in are not.
A $100,000 valuation implies a market cap of $2 trillion more or less by then.
How much actual expenditure would that require? As a pure guess maybe 1/10th, possibly a lot less or a load more. I don't have a clue.
That's $200 billion of hard cash pouring in. That's not THAT much money when you take a whole world into account. Sustaining it is another matter.
People often forget that its price is measured by market cap. The currencies it's priced in are not.
A $100,000 valuation implies a market cap of $2 trillion more or less by then.
How much actual expenditure would that require? As a pure guess maybe 1/10th, possibly a lot less or a load more. I don't have a clue.
That's $200 billion of hard cash pouring in. That's not THAT much money when you take a whole world into account. Sustaining it is another matter.
How can anyone make suppositions about price related to halvings when there's only been one so far?
Each one is going to take place under very different conditions. Look how much further along we are since 2012. By 2020 we'll be eating meals made from one pill and flying around in jet armchairs. Can't wait.
Each one is going to take place under very different conditions. Look how much further along we are since 2012. By 2020 we'll be eating meals made from one pill and flying around in jet armchairs. Can't wait.
We know that the price is never going to be that high it almost seems impossible so lets try and focus on the realistic things.
If it would happen then we still have to wait some years before it happened.
If it would happen then we still have to wait some years before it happened.
We will see what happens, no one can predict the future of the bitcoin, I honestly do not think this is gonna happen.
Its just too much in my eyes and in my eyes also very unrealistic..
Its just too much in my eyes and in my eyes also very unrealistic..
In the end, speculation is just a speculation. Halving isn't the real reason why bitcoin price raising up.
Without mass adoption or at least billionaire who interested in bitcoin, there's no way bitcoin price could reach that high.
I know one billionaire "bill gates" i have heard that he have also invested in bitcoin and blockchain startups. You may be correct in some of your statement but i don't completely agree on you, halving could be really a reason for price pump in near future as it will limit the supply. While bitcoin adoption is now growing worldwide, so demand will never be going down from now on.Without mass adoption or at least billionaire who interested in bitcoin, there's no way bitcoin price could reach that high.
Disagree. Please look at the real facts. Halving only brought up the speculation but the main root of the price increase is the big whales and manipulators. Halving just brought up since it will approach now but no way it can bring up the price without the moves of big investors.
those reasons looks reasonable but i guess all things will not always work well because these only just speculate and we even still not facing block halving this year yet also we even still don't know what situations we will encounter after halving happen and i might expect too bitcoin reach to those amount but i think it's too early to talking this is possible or not
In the end, speculation is just a speculation. Halving isn't the real reason why bitcoin price raising up.
Without mass adoption or at least billionaire who interested in bitcoin, there's no way bitcoin price could reach that high.
Without mass adoption or at least billionaire who interested in bitcoin, there's no way bitcoin price could reach that high.
In the end, speculation is just a speculation. Halving isn't the real reason why bitcoin price raising up.
Without mass adoption or at least billionaire who interested in bitcoin, there's no way bitcoin price could reach that high.
I know one billionaire "bill gates" i have heard that he have also invested in bitcoin and blockchain startups. You may be correct in some of your statement but i don't completely agree on you, halving could be really a reason for price pump in near future as it will limit the supply. While bitcoin adoption is now growing worldwide, so demand will never be going down from now on. Without mass adoption or at least billionaire who interested in bitcoin, there's no way bitcoin price could reach that high.
~snipped~
I bet you have a dream last night and you just post it here. It's not wrong to believe much but to the point that you are taking into fantasy well you need more good sleep now.
Halvings don't make the price go up. Correlation does not mean causation.
Last time the halving coincided with bitcoin being discovered by the mainstream press. And Cyprus happened when they confiscated people's savings in a bail-in for the banks.
There is no big news to bump up bitcoin this time. It's the opposite - Brexit is a victory for the people, it makes Britain safer as EU rules like confiscating people's savings no longer apply.
Last time the halving coincided with bitcoin being discovered by the mainstream press. And Cyprus happened when they confiscated people's savings in a bail-in for the banks.
There is no big news to bump up bitcoin this time. It's the opposite - Brexit is a victory for the people, it makes Britain safer as EU rules like confiscating people's savings no longer apply.
There are 2 kinds of pumps we have seen
- The halving which started around november and lasted till april
- China/Brexit which started a month ago.
Both events had a direct correlation as to why the bitcoin price went up, although the brexit event did not influence the price a lot.
Woi woi hold on. Are you sure with the one you stated about halving is one of the reason of those pumps we have seen? Better go on more research. There's no way that halving can pump the price. I don't mind if you disagree.
Halvings don't make the price go up. Correlation does not mean causation.
Last time the halving coincided with bitcoin being discovered by the mainstream press. And Cyprus happened when they confiscated people's savings in a bail-in for the banks.
There is no big news to bump up bitcoin this time. It's the opposite - Brexit is a victory for the people, it makes Britain safer as EU rules like confiscating people's savings no longer apply.
Last time the halving coincided with bitcoin being discovered by the mainstream press. And Cyprus happened when they confiscated people's savings in a bail-in for the banks.
There is no big news to bump up bitcoin this time. It's the opposite - Brexit is a victory for the people, it makes Britain safer as EU rules like confiscating people's savings no longer apply.
There are 2 kinds of pumps we have seen
- The halving which started around november and lasted till april
- China/Brexit which started a month ago.
Both events had a direct correlation as to why the bitcoin price went up, although the brexit event did not influence the price a lot.
Halvings don't make the price go up. Correlation does not mean causation.
Last time the halving coincided with bitcoin being discovered by the mainstream press. And Cyprus happened when they confiscated people's savings in a bail-in for the banks.
There is no big news to bump up bitcoin this time. It's the opposite - Brexit is a victory for the people, it makes Britain safer as EU rules like confiscating people's savings no longer apply.
Last time the halving coincided with bitcoin being discovered by the mainstream press. And Cyprus happened when they confiscated people's savings in a bail-in for the banks.
There is no big news to bump up bitcoin this time. It's the opposite - Brexit is a victory for the people, it makes Britain safer as EU rules like confiscating people's savings no longer apply.
Considering that only 21 million people can own 21 BTC, those holding 21 BTC WILL have to be rich.
21 million people can only own 1 BTC
this has been discussed before.
and i think to reach there there is a big obstacle and that is adoption which even if mass adoption happens and a lot of people use bitcoin i don't think it can reach 100000
and i think to reach there there is a big obstacle and that is adoption which even if mass adoption happens and a lot of people use bitcoin i don't think it can reach 100000
We will eventually reach mass adoption but we will first have big whales coming in which will push price to 10000. Again I don't see why people is obsessed with mass adoption, it is not even needed to reach a big price. Mass adoption will come later because people are too dumb to use Bitcoin for now.
Well It is very possible that it will happen. I think that there will be many factors that will help in bitcoin reaching that price in the future. Only time will tell what will really happen.
no one can predict what will happen in 2035 , but to achieve it highly improbable 100,000 
this has been discussed before.
and i think to reach there there is a big obstacle and that is adoption which even if mass adoption happens and a lot of people use bitcoin i don't think it can reach 100000
and i think to reach there there is a big obstacle and that is adoption which even if mass adoption happens and a lot of people use bitcoin i don't think it can reach 100000
you are thinking too high. yes it is possible that bitcoin may rise or it is also possible that it may not. depends upon users obviously how they treat this currency.
Users don't matter as much as some people think. People with deep pockets are the ones that will raise the price to the moon, not a lot of users that own some satoshis each. We just need whales to start moving their portfolios to BTC to quickly jump to 10k per coin.
Wow!! That was huge.. and if that happens ,i will teach my wife and my kids and soon to be kids,to start earning bitcoin cause it will take us to a better living..i will teach them in the year 2020 while we are re waiting for that price.
you are thinking too high. yes it is possible that bitcoin may rise or it is also possible that it may not. depends upon users obviously how they treat this currency.
well yeah by that time the bitcoin price will be huge in my opinion, so we dont need to worry about the price being too low for miners, though i doubt that bitcoin will be at 1 million each as then a third of all the money should be replaces with bitcoinsalso i think that miners will get a lot of bitcoins from the fees thus they will not need that much bitcoins to be mined thus all the problems will be solved and bitcoin wil be at much lower price than 1 million
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