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Topic: 2nd chance at Bitcoin? - page 5. (Read 2288 times)

full member
Activity: 202
Merit: 100
October 25, 2017, 04:11:13 PM
#74
Nothing is impossible in cryptocurrency. Yes it can be.No one what will be the price of bitcoin after 7 years. Though 7years ago bitcoin price was 1$ = 1400 bitcoin and now price is 1 bitcoin= 5500+$ so it can be. But no one can tell the exact price.
jr. member
Activity: 58
Merit: 10
October 25, 2017, 03:55:09 PM
#73
I'm not seeing that happen in the same span time of 7 years but when bitcoin replaces the current payment system I think it can even pass that growth %.
sr. member
Activity: 1288
Merit: 415
October 25, 2017, 03:52:04 PM
#72
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?
Yes, it is possible if we save bitcoin now than we can earn large profit in coming future. One should try to save as much as bitcoin he can for future and than we can get best returns in comming future. As more and more peopel are trusting bitcoin it is becoming more big currency and saving it is best option now.
full member
Activity: 420
Merit: 119
October 25, 2017, 03:46:53 PM
#71
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?
I don't think that bitcoin will be the same in 7year, I think it will increase but not the way that it increases before, but we can't really say it, but for now, if you really want to earn more, you should look into altcoins as well, look for potential altcoins and invest there.
member
Activity: 103
Merit: 10
October 25, 2017, 01:59:58 PM
#70
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?

Not a snowballs chance in hell my friend. The $ per coin for bitcoin would be way higher than any high end estimate and is very unlikely due to that reason. You could however get in low on an alt and watch it boom to the moon.

Probably wont happen today or next week as the market isnt exactly in a bull run but if you get in on the right coin and it goes through a bull run I dont see why not you cant do that. I think somebody invested a few btc

into stratis a year back and that coin took them from a few thousand to something like $25 million. It can happen you just gotta choose correctly and have a  bit of luck of course!
sr. member
Activity: 1153
Merit: 252
October 25, 2017, 01:51:17 PM
#69
i think it's very hard to get like old chance , but it's can happen in altcoins .
member
Activity: 140
Merit: 11
October 25, 2017, 01:49:46 PM
#68
if you know to arbitrage by trading at 2-3 exchanger you should make good profit and probably can make 1 complete bitcoin by doing this
full member
Activity: 154
Merit: 100
October 25, 2017, 01:35:08 PM
#67
It is not worth looking back, just look ahead and the future is bright, even with less btc in your pckets Smiley
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
October 25, 2017, 01:34:22 PM
#66
Possibly, but the problem is I don't have the money to invest on BTC. I'm still new here so if I were lucky enough to earn big time in signature campaign then I won't hesitate to invest some on BTC and hold as long as I can.

you can try with other way to earn bitcoin. i think you can join in bounty campaign so you can earn tokens and you can sell the tokens for ethereum and then you can sell the ethereum to earn bitcoin. i think there is many more ways that you can use to earn bitcoin but you need to work and you need more time so you can able to earn more bitcoin.
full member
Activity: 265
Merit: 100
Pretty kewl right?
October 25, 2017, 01:30:43 PM
#65
Possibly, but the problem is I don't have the money to invest on BTC. I'm still new here so if I were lucky enough to earn big time in signature campaign then I won't hesitate to invest some on BTC and hold as long as I can.
full member
Activity: 588
Merit: 100
October 25, 2017, 01:07:52 PM
#64
i dont think bitcoin can reach 1 millions in just few years, but i do think it is good time to buy bitcoin now because it is dropping, you can buy it cheaply, and hold for few years, if lucky enough bitcoin can rise in few years and you can sell it for profit.

That's why many people fooled about the issue. everybody says bitcoin will increase to millions of dollars and will gain more profit. I don't think so, the wheel is always spinning the price of bitcoin will not always go up and not go down, we don't know what will happen in the future but I guess its like gambling
member
Activity: 714
Merit: 10
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October 25, 2017, 12:58:58 PM
#63
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?

this Dream make Bitcoin price up to 6,000$ and to the moon soon
member
Activity: 210
Merit: 11
October 25, 2017, 11:53:21 AM
#62
i dont think bitcoin can reach 1 millions in just few years, but i do think it is good time to buy bitcoin now because it is dropping, you can buy it cheaply, and hold for few years, if lucky enough bitcoin can rise in few years and you can sell it for profit.
sr. member
Activity: 364
Merit: 250
October 25, 2017, 11:47:37 AM
#61
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?

Although I want the same thing to happen because it will be a dream come true for most of us who weren't one of the early adopters. But I always tend to side with the reality and I think that that scenario years ago is unlikely to happen. The price will be quite intimidating for others to consider to acquire and it might affect the community of btc.
sr. member
Activity: 462
Merit: 515
October 25, 2017, 11:03:11 AM
#60
In my opinion, Bitcoin is still in its early age. Bitcoin hasn't reach most part of the world specially in my country and the 21m coin limit is not reach yet so there is still chance that bitcoin will sky rocket. Some people see Bitcoin as an investment game and more people are getting into the game that's why it's price is going up. So if I were you, I would invest and take the risk to see if I still have that second chance but it's up to you sir  Smiley

But high price may work against Bitcoin at the end of the day.

If Bitcoin becomes too expensive, many, if not most, people won't be able to buy it. Yes, it is infinitely divisible, even though we don't need that right now, but don't forget about transaction costs. If the latter rise alongside the price, Bitcoin will be available only to rich and superrich, which somehow undermines its purpose of being a medium of exchange for daily needs. it will be like a Berkshire Hathaway stock priced at over 200,000$ per piece. Surely not something an average Joe can afford.
sr. member
Activity: 1988
Merit: 254
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October 25, 2017, 10:58:01 AM
#59
I think this ability is very hard to come by because Bitcoin is probably close to the top and it's just a little bit higher in the future. I do not think there is any such high value in seven years. The second chance is still to come, but the profit you make will never be the same as you expect
hero member
Activity: 924
Merit: 512
October 25, 2017, 10:53:41 AM
#58
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?

I think this is possible but how you can be sure that you won't sell your bitcoins when the price rises just some 30-50% or so? In my opinion, only die-hard enthusiasts could resist the temptation to keep their Bitcoin stash untouched when the price shoots to the moon in the meanwhile. We read about this or that dude making a fortune with Bitcoin for having not sold their bitcoins during all these years, but I'm doubtful that they knowingly kept their coins. They might have forgotten about them, and then, all of a sudden, something made them recall that they have a stash of bitcoins which is now worth millions of dollars.

Holding is the main fact for the bitcoin users but the people used to sell the bitcoin whenever they are in the need of money. If the coins can be holded for the five years or more we will be able to more money like 1 millions worth of USD for one bitcoin dude. Even Satoshi expects the bitcoin value should be touch the 10k USD cost for the one bitcoin 2025. But seeing the current adoption and market trend about the bitcoin we will see that value 2020 itself.
sr. member
Activity: 462
Merit: 515
October 25, 2017, 10:44:59 AM
#57
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?

I think this is possible but how you can be sure that you won't sell your bitcoins when the price rises just some 30-50% or so? In my opinion, only die-hard enthusiasts could resist the temptation to keep their Bitcoin stash untouched when the price shoots to the moon in the meanwhile. We read about this or that dude making a fortune with Bitcoin for having not sold their bitcoins during all these years, but I'm doubtful that they knowingly kept their coins. They might have forgotten about them, and then, all of a sudden, something made them recall that they have a stash of bitcoins which is now worth millions of dollars.
member
Activity: 125
Merit: 10
October 25, 2017, 09:04:30 AM
#56
This possibility is quite small, unless the bit currency fell back, and then rose back.
 Shocked Shocked Shocked Shocked Shocked
full member
Activity: 238
Merit: 102
1st of May
October 25, 2017, 08:48:32 AM
#55
Possibility of second chance is open. In this case, i think its difficult same thing happen since bitcoin price is too high.
But i hope it could be haappen next future.
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