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Topic: Bitcoin $50,000 each by 2020 - page 3. (Read 4988 times)

legendary
Activity: 1652
Merit: 1265
December 14, 2016, 02:59:48 AM
#50
cool as it would be, i don't believe there's one single hope in hell of it reaching that level by then.

Quoted for future reference ahahahahahhaha  Grin
hero member
Activity: 868
Merit: 501
Chainjoes.com
December 13, 2016, 06:27:03 PM
#49
this is impossible right now because bitcoin was hardly to hit $1000 barrier this year and it would take time maybe next year. and i know this wont happen anyways by 2020 because we still need to balance the economy thats why if bitcoin will be imbalance i guess it could be a huge effect on the market thats why if you can see the graph of the bitcoin price it is needed to be balance and they can make it more higher because if you've read an article regarding on satoshi the unknown programmer of the bitcoin . he has a millions of bitcoin so if bitcoin could hit $50000 per bitcoin that would be a huge destruction of the world and thats so impossible.

Nothing is impossible. It just takes something to happen, like more countries banning gold like china and so on. If only a small % of people move their gold to Bitcoin, we can see 100000$ per bitcoin easy. It just takes people realizing they are stupid by not owning Bitcoin, I guess they will not learn until their goods are confiscated and they realize that if they had it all on bitcoin from the beginning they would have had protection against the government mess.

you say is easy bitcoin price can up to until reach 100,000/bitcoin
you must realistic, what is happen is bitcoin price reach until 100,000/bitcoin
much people can't use bitcoin again, because send fee is big
you can see is now minimum send fee  is 20k satoshi is equal 20dollar/sending if bitcoin price 100,000/bitcoin
legendary
Activity: 3234
Merit: 5637
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December 13, 2016, 10:55:04 AM
#48
I think it is quite unrealistic to expect something like this,even 5000$ by 2020 will be very difficult to achieve considering how fast things are going now.Bitcoin is still almost at the beginning of his life and can not just grow up overnight,although it would be very nice to reach such price.Many would become rich,but certainly it would be hard to avoid paying taxes because the governments will become interested in BTC much more then are they now.
sr. member
Activity: 330
Merit: 250
Silverlink
December 11, 2016, 10:14:30 PM
#47
What I believe is that next bubble or "pump" will be higher than any other before, including the 2013 Bubble, when central banks and the world itself adopt Bitcoin it will be huge
newbie
Activity: 42
Merit: 0
December 11, 2016, 10:01:26 PM
#46
No in my eyes this is just not possible at all, its just way too much for the bitcoin this cannot happen anytime....the market is way too small too for that.
sr. member
Activity: 574
Merit: 252
December 11, 2016, 09:57:36 PM
#45
is it easier to go from zero to $1200 than late hundreds to tens of thousands?

I disagree...what is (typically) more difficult: get laid for the first time or forty times between 10th and 50th time?  Grin
Getting laid for the first time is the most difficult part here Cheesy after then its an easy process your shyness and fear disappears and you are as confident as ever Cheesy

Bitcoin $50,000 each by 2020 it's impossible I also don't have some good hope about this. If ever this would happen let's imagine for a while than how great this would be. But it depend on market demand and adoption.
How about mass adaptation lets assume that all the major highly populated countries having economic instability and crises and people starts to hear and know about about bitcoin and there is a major shirt and interest in bitcoin the price will definitely increase without a doubt but $50000 a piece  Shocked
legendary
Activity: 1358
Merit: 1014
December 11, 2016, 02:14:52 PM
#44
this is impossible right now because bitcoin was hardly to hit $1000 barrier this year and it would take time maybe next year. and i know this wont happen anyways by 2020 because we still need to balance the economy thats why if bitcoin will be imbalance i guess it could be a huge effect on the market thats why if you can see the graph of the bitcoin price it is needed to be balance and they can make it more higher because if you've read an article regarding on satoshi the unknown programmer of the bitcoin . he has a millions of bitcoin so if bitcoin could hit $50000 per bitcoin that would be a huge destruction of the world and thats so impossible.

Nothing is impossible. It just takes something to happen, like more countries banning gold like china and so on. If only a small % of people move their gold to Bitcoin, we can see 100000$ per bitcoin easy. It just takes people realizing they are stupid by not owning Bitcoin, I guess they will not learn until their goods are confiscated and they realize that if they had it all on bitcoin from the beginning they would have had protection against the government mess.
legendary
Activity: 1372
Merit: 1001
December 11, 2016, 12:19:51 PM
#43
Bitcoin $50,000 each by 2020 it's impossible I also don't have some good hope about this. If ever this would happen let's imagine for a while than how great this would be. But it depend on market demand and adoption.
hero member
Activity: 854
Merit: 500
December 11, 2016, 10:29:41 AM
#42
this is impossible right now because bitcoin was hardly to hit $1000 barrier this year and it would take time maybe next year. and i know this wont happen anyways by 2020 because we still need to balance the economy thats why if bitcoin will be imbalance i guess it could be a huge effect on the market thats why if you can see the graph of the bitcoin price it is needed to be balance and they can make it more higher because if you've read an article regarding on satoshi the unknown programmer of the bitcoin . he has a millions of bitcoin so if bitcoin could hit $50000 per bitcoin that would be a huge destruction of the world and thats so impossible.
legendary
Activity: 3892
Merit: 4331
December 11, 2016, 12:28:15 AM
#41
is it easier to go from zero to $1200 than late hundreds to tens of thousands?

I disagree...what is (typically) more difficult: get laid for the first time or forty times between 10th and 50th time?  Grin
hero member
Activity: 924
Merit: 1001
December 10, 2016, 06:49:12 PM
#40
Such a large and big big dream $50k it is a large amount for bitcoin each.. we are still not touching in $1k and then we are thinking about bitcoin  can touch until $50k for me it is hard to seen that the price will touch in that value but like other said nothing is impossible with bitcoin and maybe it can be happen in few years ago. or this coming 2020.. i hope it can be happen but i am not expecting it..
legendary
Activity: 1288
Merit: 1087
December 10, 2016, 06:30:42 PM
#39
1200 in the first 4 years was also looking very hard at that time, but we made it,

it's an interesting question this. is it easier to go from zero to $1200 than late hundreds to tens of thouands? 0-1200 requires way, way less money. at the same time getting into the tens of thousands is possible with many more people putting in less and taking less risk.

ultimately i think it's easier to find a small amount of crazy people with a burning passion than it is to transfer that over to millions more people, most of whom don't know how to count properly let alone know anything about monetary policy.

i guess that's the nature of the chasm that's mentioned so often. the hard core waits for the rest to either catch up or ignore it.
hero member
Activity: 966
Merit: 507
December 10, 2016, 04:25:15 PM
#38
$50,000? It would be a great deal...

However in 2020 China will be the owner of the world because Trump will lead the USA into bankruptcy, so $50,000 future dollars will be equivalent to $1000 current dollars.  Sad Sad Sad
sr. member
Activity: 294
Merit: 250
December 10, 2016, 03:40:59 PM
#37
Few days ago I was reading on bitcoin news that some Chinese economist predicted to bitcoin price 10 000$ and next 1 mln $. So in such long period to 2020 year it may happen that bitcoin will reach 50 000$. Why not?!
hero member
Activity: 1568
Merit: 544
December 10, 2016, 02:14:13 PM
#36
From where or how do you got that number ?  We never hit that in a couple of years but i hope so.
legendary
Activity: 3892
Merit: 4331
December 10, 2016, 02:05:16 PM
#35
I calculated that if only millionaires (they have $116 trillion of wealth) allocated 1% of their money to bitcoin and nobody else would, bitcoin would have to rise to above $50000. Math: 0.01X 116tril=1.16 tril/18.4 mil bitcoins in 2020=$63000/btc.
Is is possible by 2020? Unlikely (maybe 1-10% chance), but within the realm of possibilities.
Who knows, maybe richer indians will start it all as they seem to be in precarious situation where cash is effectively banned and gold is limited to $20K/married woman, $10K/unmarried woman and $4K/man.
hero member
Activity: 2170
Merit: 503
Reward: 10M Shen (Approx. 5000 BNB) Bounty
December 10, 2016, 01:44:50 PM
#34
I think, too high a price bitcoin if it reaches $ 50,000, although it was very good. Well, I do not feel that the price of bitcoin will rise quickly in a few years. in fact, need more than three years until bitcoin could reach $ 700, and we do not know when the price will reach $ 1,000 bitcoin. but, perhaps better, we should expect it to be.
sr. member
Activity: 630
Merit: 250
December 10, 2016, 12:52:12 PM
#33
Does anyone feel like it's comming?

I really hope your predection comes out. But i think 2020 is a little bit too early for that. That it will be higher than the price of almost 780 dollar now, that is for sure i think. I think it is more possible that the price will go with a few hundred dollar upwards every your. Hope to end at 2020 dollor in 2020. That should be beautiful. I think that is more realistic than 50000.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
December 10, 2016, 12:43:35 PM
#32
Does anyone feel like it's comming?

$50.000 in 4 years is looking too much hard but cryptocurrencies is always unpredictable there. If this could happen than I'll be millionaire and so many people will be into restful life. But I think $5.000 is more realistic.

1200 in the first 4 years was also looking very hard at that time, but we made it, maybe we can reach 50k and then tank again to the previous point, but i would not say that is somethign impossible, it's far from it, with bitcoin great pump happen all the time, it's an unpredictable market really
sr. member
Activity: 294
Merit: 250
December 10, 2016, 10:55:49 AM
#31
I'm glad to see op thinking $50k after 4 years but its pretty much less seance of humor.$50k after 4 years its impossible I can consider max $5k.With all the wild price rises recently, people have plenty to speculate over $50k after 4 years its really unrealistic.op want to reach on moon. Grin
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