I know this is just speculation, but I thought is saw somewhere on beans site that there long term outlook say 5 10 years down the road the share price prediction was around 3 dollars a bean , can any confirm this? Anyone else remember seeing that price point, would it even be possible with the max supply at 50,000,000,000 beans? Just wondering what peoples thoughts are in it reaching 3 bucks personally i would say that probably a bit out of line consiering everything
thank you
It will take 100 years to get to max supply
The price of bitbean I believe will be more than 3 USD. Right now the marketcap of bean is just 17 Million dollars and soon it will go up in tandem with the overall crypto marketcap of 269+ million while I am writing this. Considering the lack of knowledge of the people about cryptocurrencies and the blockchain growing influence in businesses and the constant sprouting of the beans, the marketcap and hence the value of bean grows within 3 to 5 years. Bean cash rocks.
Do you seriously think BITB's capitalization could reach more than 3 billion? I can hardly believe it.
I totally believe in it. Nobody ever thought that bitcoin will be 20k by 2017. The value is created by what bitcoin can do and the traditional financial institutions can't do with an added benefit of decentralization. And bitbean is allot more advanced than bitcoin. You can check the history of marketcap of Bean Cash and you will know how it has grown since 2015.
To be honest $3 per BeanCash is a bit too much even in 3 to 5 years from now. I think a more realistic price would be from $0.10 to $1 in the next 3 to 5 years from now if all goes well. I have seen more people accepting BeanCash as payment for goods and services which is what we want to see so if this keeps up then I think we can easily see the price ranges I have stated. These are just my opinions and price predictions and I could be wrong so DYOR and decide for your self.
$1 is not possible since the suply of Bitbean is really high. It would depends if some people will just hold their Bitbean and sell it high on the market.
Well the past went by as follows..
NOV-2015 --> Marketcap: 56,189$ price:0.000056 Beans supply: 998,477,742
NOV-2016 --> Marketcap: 75,096$ price:0.000046 Beans supply: 1,632,284,212
NOV-2017 --> Marketcap: 6,294,298 price:0.002858 Beans supply: 2,202,697,049
TODAY(3RD APRIL 2018)--> Marketcap: 18,693,278 Price:0.007655 Beans supply: 2,441,874,000
Guys look at the way the marketcap of bitbean grew overtime. Its an indication of awareness and acceptance growing exponentially. Bitbean will cross 1$ by 2020 for sure.
