2nd chance at Bitcoin? | Bitcointalksearch.org

ene1980

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Quote from: zigglr6 on October 24, 2017, 07:17:15 AM

If someone bought $100 of Bitcoin in 2010 and kept it until now, they would now have around $6 million.

Do you think the same could happen again in the next 7 years? If I now own $500 in Bitcoin could that be worth $1 million+ in the next 7 years? Or is it extremely unlikely for this increase to happen a second time?

The people who had the opportunity to invest in bitcoin and believing in the initial stages always make a huge amount of profit,will that opportunity occur again if you invest now,i really do not know whether the price would cross a million dollar ,if you invest money in it now you could get some profit,but you cannot make millions in profit unless you invest a lot with the price we have now.

mabell943

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Quote from: zigglr6 on October 24, 2017, 07:17:15 AM

If someone bought $100 of Bitcoin in 2010 and kept it until now, they would now have around $6 million.

Do you think the same could happen again in the next 7 years? If I now own $500 in Bitcoin could that be worth $1 million+ in the next 7 years? Or is it extremely unlikely for this increase to happen a second time?

what dont know will happened but i think and i believe bitcoin will be more expensive in the few years

bitcad4u

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Quote from: Raihan050 on November 17, 2017, 02:34:48 PM

Bitcoin is volatile currency. Here anything can be happen. Now Bitcooin cross 7k$+ hopefully it will be hit 8k$ by the end of this year. If it continuously going like that than it can be possible.

Bitcoin having 2nd Chance in this process bacause it's having some people have a great investment in this are called 2nd Chance to bitcoin.Since the price increase you can use this as a second chance to sell the holding bitcoin. If the price reduced so,buy a bitcoin.

Raihan050

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Bitcoin is volatile currency. Here anything can be happen. Now Bitcooin cross 7k$+ hopefully it will be hit 8k$ by the end of this year. If it continuously going like that than it can be possible.

ardhigalau

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Quote from: tyuner4 on October 24, 2017, 10:43:05 AM

Yes I think it is possible. If BTC can increase by 60000x in 7 years, I don’t see why BTC cannot increase by 2000x for the next 7 years.

But of course, don’t put all your eggs in one basket. You should look at altcoins that are able to help you reach your goal.

I agree with you, put all the eggs in one basket is the most risky thing. Buy some potentially good altcoins and relevant teams, I'm sure it'll get you a profit for the next year.

Momoamzad

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No one can guess what will happen after 7/10 years if its price hits $1 million or $1 . but today's race if u can see the raising price of bitcoin it ca hits $50000 in few years. But its not guranty . who holds $100 of bitcoin in 2010 they are rich now it is true . but its also true that they never thought that this $100 can made them millinior one day Cheesy

ramsdaj28

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Quote from: zigglr6 on October 24, 2017, 07:17:15 AM

If someone bought $100 of Bitcoin in 2010 and kept it until now, they would now have around $6 million.

Do you think the same could happen again in the next 7 years? If I now own $500 in Bitcoin could that be worth $1 million+ in the next 7 years? Or is it extremely unlikely for this increase to happen a second time?

In my own opinion, that's unlikely to happen. As we look at the trend of bitcoin price from 2013 to 2016, its price is almost not moving and playing between
$100.00 and $600.00. It was just in February 2017 when its price reached the $1,000.00 mark, and in the course of 8 months, it reached its all-time high of $6,000.00. It was also just from mid-July of 2017 to October of 2017 when its price has drastically increased to almost 300% (from $2,000.00 to $6,000.00).

Considering its volume, there are a lot more supply of bitcoin now than it was in 2010. That will make it hard for bitcoin to rise up since the supply has increased now compared to it was before. The higher the supply of bitcoin, the lower the chance for its price to rise up when the demand is low. And if ever you'll invest $500 in bitcoin today, the most possible and probable thing to happen is it will turn between $1,500.00 (+200%) or $2,000 (+300).

Hell-raiser

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Quote from: nl247 on October 29, 2017, 05:31:54 AM

Quote from: zigglr6 on October 24, 2017, 07:17:15 AM

If someone bought $100 of Bitcoin in 2010 and kept it until now, they would now have around $6 million.

Do you think the same could happen again in the next 7 years? If I now own $500 in Bitcoin could that be worth $1 million+ in the next 7 years? Or is it extremely unlikely for this increase to happen a second time?

The question should be, do we know what the future holds? No! If we all knew as at 2010 that bitcoin would be worth about $6000 this period, wouldn't we all be extremely wealthy by now?

The irony of such assumptions is that if all the peeps from 2010 had known that Bitcoin would be worth about $6000 in 2017, the price would have never reached these levels simply because many of these early birds would have been just happy to sell their coins somewhere below this mark but certainly above what they had actually sold them for. Therefore, the price might have never gotten where it is today.

3kpk3

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Quote from: 5moke on October 29, 2017, 08:23:25 PM

I think from 2019 bitcoin of deep onion will make quite a competition because it will be more anonymous

That is a far fetched prediction. Bitcoin is the king of the crypto world and you are trying to say that a new and emerging coin like deeponion will overtake bitcoin. No matter how popular deeponion becomes, bitcoin will always be the king of the crypto world.

5moke

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I think from 2019 bitcoin of deep onion will make quite a competition because it will be more anonymous

Quietman

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Quote from: zigglr6 on October 24, 2017, 07:17:15 AM

If someone bought $100 of Bitcoin in 2010 and kept it until now, they would now have around $6 million.

Do you think the same could happen again in the next 7 years? If I now own $500 in Bitcoin could that be worth $1 million+ in the next 7 years? Or is it extremely unlikely for this increase to happen a second time?

That was a huge percentage. You mean that 20 dollars was bought for only $100 in 2010. It is possible that when you invest right now there's also a big chances that your investment will double or triple or even higher than that after 7 years. But the expectation that your profit will be just as the same with 2010-2017, I think it wont happen.

Always remember too, no one knows what will happen in the future. Anything can happen even in one day.

rainbow169

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From 1 to 6000, bitcoin still has a relatively small market cap, its price is directly related to the hype and actual money invested behind it so far, so from 6000 to 600000, this is a significant growth and would require even more hype and investment, I can't see that happen with out mass market adoption, so either that will happen organically over many many years or it will need some though of regulations to allow it to access the general public

bakkang

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Quote from: zigglr6 on October 24, 2017, 07:17:15 AM

If someone bought $100 of Bitcoin in 2010 and kept it until now, they would now have around $6 million.

Do you think the same could happen again in the next 7 years? If I now own $500 in Bitcoin could that be worth $1 million+ in the next 7 years? Or is it extremely unlikely for this increase to happen a second time?

It has the possibility because as we observe right now more investors has been attracted to invest with bitcoin thats why the more investors that invest the higher the price if bitcoin is. But as of now 1 bitcoin is big now so i dont think to keep it but i will going to convert to paper money and save it for my future. Scammers are very rampant now so it is not good to hold your bitcoin.

Babylon

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Quote from: zigglr6 on October 24, 2017, 07:17:15 AM

If someone bought $100 of Bitcoin in 2010 and kept it until now, they would now have around $6 million.

Do you think the same could happen again in the next 7 years? If I now own $500 in Bitcoin could that be worth $1 million+ in the next 7 years? Or is it extremely unlikely for this increase to happen a second time?

It is very possible that your $500 worth of bitcoin could double and even 10th times its value. It is very possible because bitcoin price really gives income and its price always increases. But as to the issue that it could worth a million is more of impossible. I am not being negative, it is just too much. But who knows, we cannot predict about it.

khaled0111

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The chances to make profit as you could do if you invested in the past are getting smaller.
I think the price of Bitcoin is going to be more stable in the next years, of course there will be a chance to make profit but it will not be the same as it was in the past. But you can make more by trading instead of holding BTC.

nl247

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Quote from: zigglr6 on October 24, 2017, 07:17:15 AM

If someone bought $100 of Bitcoin in 2010 and kept it until now, they would now have around $6 million.

Do you think the same could happen again in the next 7 years? If I now own $500 in Bitcoin could that be worth $1 million+ in the next 7 years? Or is it extremely unlikely for this increase to happen a second time?

The question should be, do we know what the future holds? No! If we all knew as at 2010 that bitcoin would be worth about $6000 this period, wouldn't we all be extremely wealthy by now?

It is a game of chance, it might experience the same level of increase, it might not... what is important is to be hopeful and know that you are part of something great and maybe one day it may end up extremely worth waiting.

I noticed people saying it is better you get altcoin, sure! As you may end up lucky to hit a good project that could even give you a huge profit, but does that mean the same amount in USD of bitcoin won't be worth much more eventually?

richminded

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This is my 2nd chance to make money with bitcoin, i regret not starting early but this time i will make sure to use it well and make sure to make good money thru hard works. Bitcoin offers opportunity for everyone and if you heard this you should feel lucky since opportunity comes to you. Bitcoin is the future i will hold all my coin for my brighter future.

sourjain

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I would say it's two way sward BTC could go new heights or could sink if the Government declare it as illegal which is quite impossible now as there is too much real money got stacked in the crypto world and many are pushing for it. So yes you may keep bitcoins for long and will get good yield better go for SIP and park small amount on regular basis.

aoihs00

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Why is not possible? It has got that much potential and as you saw the rise on price from the couple of dollars to all upto 6000 USD today. That was the period when the investors where not even sure what bitcoin was and still they made it potential market and invested in it. Now a days even kids now what bitcoin is and they also put couple of dollars to the olds people who are putting their whole retirement funds into it. Thats like huge crypto enthusiast user base who are trying to pump the coin a lot. So got very much good chances for it to grow and make you millionaire in the time.

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Quote from: zigglr6 on October 24, 2017, 07:17:15 AM

If someone bought $100 of Bitcoin in 2010 and kept it until now, they would now have around $6 million.

Do you think the same could happen again in the next 7 years? If I now own $500 in Bitcoin could that be worth $1 million+ in the next 7 years? Or is it extremely unlikely for this increase to happen a second time?

It may not be the same as before that is why the I really envy those who have bought early and keep on holding their coins. I would love to congratulate they for the patience.
It is not easy to just keep on ignoring the price increase.
Even if you could do it now. Are you willing to take the risk and have patience to wait? That is the hardest part here. Once you see the price exploding you will always have to think to withdraw or not.

Topic: 2nd chance at Bitcoin? (Read 2299 times)