Topic: 21 million bitcoins - 11+ billion people - page 4. (Read 1654 times)
I think the question has to be what will 1 million actually be worth in 2140? If bitcoin gets to those sorts of prices the generations after us should do alright if we pass our bitcoin on.
What will bitcoins value be in 100 years?
Really hard to say, because we will probably have quantum computers by then and that could be a problem with bitcoin. With working quantum computers many bitcoins can be stolen, and trust in BTC could suffer.
How fast will the trust return after the problem will be fixed? Hard to say.
Really hard to say, because we will probably have quantum computers by then and that could be a problem with bitcoin. With working quantum computers many bitcoins can be stolen, and trust in BTC could suffer.
How fast will the trust return after the problem will be fixed? Hard to say.
I would say 1 Satoshi, the 100 million part of a full Bitcoin would value one dollar by the end of the mining period. Soon Bitcoin will be rated in Satoshi because of it's huge valuation !
This is funny because you are trying to add some proofs and facts regarding about bitcoin touching one million dollars, it is crazy, maybe the technologies would be very advanced by that time, and it is true that bitcoin would be much more useful than now, but 1 million dollars is crazy mate, seriously.
Maybe those people who say that the price will be $20k in 5 years from now or maybe ten are right, but in less time, it would be quite difficult.
Maybe those people who say that the price will be $20k in 5 years from now or maybe ten are right, but in less time, it would be quite difficult.
2100 is 82 years away. Think back 82 years from now, 1935. If you told them that we'd be able to send movies to people across the world in seconds or have rockets go into space and land themselves automatically, they'd call you crazy.
This is funny because you are trying to add some proofs and facts regarding about bitcoin touching one million dollars, it is crazy, maybe the technologies would be very advanced by that time, and it is true that bitcoin would be much more useful than now, but 1 million dollars is crazy mate, seriously.
Maybe those people who say that the price will be $20k in 5 years from now or maybe ten are right, but in less time, it would be quite difficult.
Maybe those people who say that the price will be $20k in 5 years from now or maybe ten are right, but in less time, it would be quite difficult.
Not everyone will be able to own Bitcoin and that's what makes it worth so much. It's exclusive.
With the data you have provided about increase in the world population,it seems that bitcoin price would reach $1 million before 2100 itself.On one side bitcoin getting familiar to more people and on the other side,population exploding very high,definitely there would be a very big scarcity for bitcoins in future with people just holding their bitcoins and not willing to sell.
By 2020,it would reach $15k
By 2050,it may reach $100k.
By 2100,it may reach $1 million.
By 2020,it would reach $15k
By 2050,it may reach $100k.
By 2100,it may reach $1 million.
$100k for 2050 would be a failure. Exponential growth should bring us to $100k during the next decade, otherwise the adoption will not be fast enough for it to reach critical mass and stop any possible competitors in the future.
If we have trillions sitting on the blockchain by 2027 with a price of $100k, the liquidity will be too strong and any possible competing technologies will not get adopted even if they are better.
Trace Mayer is predicting $27k in the next 6 months and it's not even an aggressive prediction.
If the exponential growth will continue and there are no major disasters it should be something like:
2018 = 15k
2019 = 40k
2020 = 100k
And so on...
I believe that by 2100 we may cease to exist due to some crazy nuclear war so the price won't matter. I wouldn't go as far with the speculations, especially that I'll be long dead.
I am not good at predicting the price of bitcoin but i am not sure about these sort of high in a very short time,as we speak we in the end of 2017 and a couple of months to reach the said value is just too high, let us see how the fork coming up will affect the price of bitcoin,the price has grown a lot in a very short space and i really hope we could see a good correction after the next fork,then we can predict the price for the future. 2018 = 15k
2019 = 40k
2020 = 100k
And so on...
I believe that by 2100 we may cease to exist due to some crazy nuclear war so the price won't matter. I wouldn't go as far with the speculations, especially that I'll be long dead.
Well, wonder if we will exist by 2100...
Now, these kind of predictions have their reasoning behind, because the BTC value is rising, more people is getting in touch and liking the features that the BTC have brought to the world! in the end, it can be a currency that can value a lot, or decay because of various reasons, like corporates meddling, laws banning BTC, etc. In the end, it will always be a matter of how things are working out at that time!
Now, these kind of predictions have their reasoning behind, because the BTC value is rising, more people is getting in touch and liking the features that the BTC have brought to the world! in the end, it can be a currency that can value a lot, or decay because of various reasons, like corporates meddling, laws banning BTC, etc. In the end, it will always be a matter of how things are working out at that time!
If the exponential growth will continue and there are no major disasters it should be something like:
2018 = 15k
2019 = 40k
2020 = 100k
And so on...
I believe that by 2100 we may cease to exist due to some crazy nuclear war so the price won't matter. I wouldn't go as far with the speculations, especially that I'll be long dead.
It will if the dollar doesn't collapse before that. It will become something like those currencies of Vietnam and its neighbours where a cheap car can cost you a couple million in local currency. For example 1BTC = 45 million Lao Kips (LAK)
2018 = 15k
2019 = 40k
2020 = 100k
And so on...
I believe that by 2100 we may cease to exist due to some crazy nuclear war so the price won't matter. I wouldn't go as far with the speculations, especially that I'll be long dead.
And by 2100 a gallon of milk will probably cost $1000. It's nonsensical to even talk about such numbers, besides the fact that none of us will live to see it. Besides, Bitcoin will be a distant memory by then, it will have morphed into something completely different if not replaced outright.
It will if the dollar doesn't collapse before that. It will become something like those currencies of Vietnam and its neighbours where a cheap car can cost you a couple million in local currency. For example 1BTC = 45 million Lao Kips (LAK)
whenever i thought about it i always felt happy and at the same time fear,
i really curious about this also,what will happen with Bitcoin price and function if everybody in this world use it ?
my first thought about it was,will we use centiBit ? Millibit ? or even Satoshi ?
and what will happen with our fees ? do not you think it will be huge if we use centiBit or below to value it ?
there're a lot of question about what will happen with it,and nobody know the answer.
only time can tell us what will happen,
for me i prefer to stop at $10.000 and less volatility,it would be better other than fly to the sky and then gone forever
i really curious about this also,what will happen with Bitcoin price and function if everybody in this world use it ?
my first thought about it was,will we use centiBit ? Millibit ? or even Satoshi ?
and what will happen with our fees ? do not you think it will be huge if we use centiBit or below to value it ?
there're a lot of question about what will happen with it,and nobody know the answer.
only time can tell us what will happen,
for me i prefer to stop at $10.000 and less volatility,it would be better other than fly to the sky and then gone forever
There's a hard limit on the number of bitcoins that can be mined: 21 million coins, which is expected to be reached by 2140.
The world is expected to add another billion people within the next 15 years, bringing the total global population from 7.3 billion in mid-2015 to 8.5 billion in 2030, 9.7 billion in 2050, and 11.2 billion by 2100, according to new estimates from the UN.
If bitcoin truly does explode in popularity, think about this for a minute;
Only 21 million bitcoins and 11+ billion people.
With this ratio, the possible price of 1 bitcoin could be huge.
What are your honest price predictions given total world popularity in the years 2020, 2050, 2140?
2020: 20k
2050: 100k
2140: 1m
The world is expected to add another billion people within the next 15 years, bringing the total global population from 7.3 billion in mid-2015 to 8.5 billion in 2030, 9.7 billion in 2050, and 11.2 billion by 2100, according to new estimates from the UN.
If bitcoin truly does explode in popularity, think about this for a minute;
Only 21 million bitcoins and 11+ billion people.
With this ratio, the possible price of 1 bitcoin could be huge.
What are your honest price predictions given total world popularity in the years 2020, 2050, 2140?
2020: 20k
2050: 100k
2140: 1m
wait a minute, that value will be reached when bitcoin is the only one project.
but see out there, so many project with some good program and system in it.
and many Coin not only use bitcoin for their pair, they use Fiat too.
clearly, no one know the future in bitcoin. Just enjoy the profit haha
With the data you have provided about increase in the world population,it seems that bitcoin price would reach $1 million before 2100 itself.On one side bitcoin getting familiar to more people and on the other side,population exploding very high,definitely there would be a very big scarcity for bitcoins in future with people just holding their bitcoins and not willing to sell.
By 2020,it would reach $15k
By 2050,it may reach $100k.
By 2100,it may reach $1 million.
By 2020,it would reach $15k
By 2050,it may reach $100k.
By 2100,it may reach $1 million.
$100k for 2050 would be a failure. Exponential growth should bring us to $100k during the next decade, otherwise the adoption will not be fast enough for it to reach critical mass and stop any possible competitors in the future.
If we have trillions sitting on the blockchain by 2027 with a price of $100k, the liquidity will be too strong and any possible competing technologies will not get adopted even if they are better.
Trace Mayer is predicting $27k in the next 6 months and it's not even an aggressive prediction.
You are right.
Also thinking on future people.
May be none will have to take care on coins.
Also thinking on future people.
May be none will have to take care on coins.
With the data you have provided about increase in the world population,it seems that bitcoin price would reach $1 million before 2100 itself.On one side bitcoin getting familiar to more people and on the other side,population exploding very high,definitely there would be a very big scarcity for bitcoins in future with people just holding their bitcoins and not willing to sell.
By 2020,it would reach $15k
By 2050,it may reach $100k.
By 2100,it may reach $1 million.
By 2020,it would reach $15k
By 2050,it may reach $100k.
By 2100,it may reach $1 million.
And by 2100 a gallon of milk will probably cost $1000. It's nonsensical to even talk about such numbers, besides the fact that none of us will live to see it. Besides, Bitcoin will be a distant memory by then, it will have morphed into something completely different if not replaced outright.
There's a hard limit on the number of bitcoins that can be mined: 21 million coins, which is expected to be reached by 2140.
The world is expected to add another billion people within the next 15 years, bringing the total global population from 7.3 billion in mid-2015 to 8.5 billion in 2030, 9.7 billion in 2050, and 11.2 billion by 2100, according to new estimates from the UN.
If bitcoin truly does explode in popularity, think about this for a minute;
Only 21 million bitcoins and 11+ billion people.
With this ratio, the possible price of 1 bitcoin could be huge.
What are your honest price predictions given total world popularity in the years 2020, 2050, 2140?
2020: 20k
2050: 100k
2140: 1m
The world is expected to add another billion people within the next 15 years, bringing the total global population from 7.3 billion in mid-2015 to 8.5 billion in 2030, 9.7 billion in 2050, and 11.2 billion by 2100, according to new estimates from the UN.
If bitcoin truly does explode in popularity, think about this for a minute;
Only 21 million bitcoins and 11+ billion people.
With this ratio, the possible price of 1 bitcoin could be huge.
What are your honest price predictions given total world popularity in the years 2020, 2050, 2140?
2020: 20k
2050: 100k
2140: 1m
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