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Topic: Bitcoin price multiplying 30-40 times in near future? - page 2. (Read 323 times)

jr. member
Activity: 173
Merit: 4
BITCOIN price could reach 30 to 40 times of its current value, according to co-founder of the Gemini Exchange Cameron Winklevoss.  Statement of the CEO if proves true; it will make investors millionaire.   Can it be true? so much increase?
As I am making my research about bitcoin I've seen that it has a potential to appreciate as high as 200%, and it really happens few months ago so I have no doubt that in later years we will be having a 30-40 times value of bitcoin, besides the demand continue to increase while the supply is fix and limited, there's no way to support the demand but only thru increase value of bitcoin.
full member
Activity: 392
Merit: 101
Yes it could be possible, because I myself believe on technology that's why we are here, Crypto space are people who believe in their self. If this guys believe before they invested here in bitcoin it's possible that it will change everything just like what happened to facebook. It bubbles up in the year 2008 up until present so there's possible it will increase more than our expectation.
jr. member
Activity: 154
Merit: 1
Well you did not define near future, but theres so much awareness about bitcoin now. from my little experience its difficult for assets to have astronomical rise like that when so many people are aware and waiting to make money from it especially within a short period of time. Bitcoin will rise but it will be little marginal increases over a period of time.
jr. member
Activity: 246
Merit: 2
It is not impossible for  Bitcoin to multiply 30 to 40 times in the near future, since Bitcoin is attracting attention all over the world and becoming popular for investors. However the negative side is that Bitcoin is limited and nowadays there's too many people aspiring to become successful by mining. So if the bitcoin is limited and there's a lot of miners it'll​ be hard to earn more unlike when bitcoin is only starting.
sr. member
Activity: 392
Merit: 257
It is possible that bitcoins prices will be 30-40 times in near future as the supply of bitcoins is limited it will be quite valuable and also that bitcoins are very volatile and unstable.But it would take lot of years to reach this level but also bitcoins are highly unpredictable so who knows it might happen sooner.
full member
Activity: 266
Merit: 151
First crypto index traded as a token!
Looking at the current position of bitcoin, it's hard to believe the price will be 30-40 times higher. And some have a point in not believing this prediction from Winklevoss, because these brothers have an interest in an increasing price. But if bitcoin would reach 20K this year again, that would already be great.
full member
Activity: 461
Merit: 101
I doubt this will happen in the near future, it's a very wild expectation. Not that it would make me sad, but i don't think it's a realistic forecast.
member
Activity: 395
Merit: 10
BITCOIN price could reach 30 to 40 times of its current value, according to co-founder of the Gemini Exchange Cameron Winklevoss.  Statement of the CEO if proves true; it will make investors millionaire.   Can it be true? so much increase?
Of course you can. Did the rise in the price of bitcoin over the past 8 years does not tell you anything? This is strange, even very strange Cheesy
legendary
Activity: 1946
Merit: 1007
A 30-40x increase from current prices would mean more than 250,000 per bitcoin. That is a lot and not very likely to happen in the near future. In the longer run though, a rise like that can happen, but I wouldn't count on it happening this year.

You know what, those two are not just a millionaire they are both billionaire of bitcoin however, due to the recent decline of price the title could been removed to them, I just don't knew if they invest additional bitcoins to their portfolio after the recent dip. Another one is that those two owned gemini which is a trading platform for bitcoin only as I recall. Thus they want to broadcast that the price will skyrocket and encouraged to trade with them.

You are probably right in that they are trying to attract more attention with these claims to promote their own platform and increase their earnings through trading fees. Not that I mind, as it will only increase the amount of people that know about bitcoin!
ukw
sr. member
Activity: 616
Merit: 250
BITCOIN price could reach 30 to 40 times of its current value, according to co-founder of the Gemini Exchange Cameron Winklevoss.  Statement of the CEO if proves true; it will make investors millionaire.   Can it be true? so much increase?

In theory, this may happen, but honestly, it is unlikely to happen, I think.
But the crypto market is so unpredictable that no one can predict what will happen.  Huh
full member
Activity: 196
Merit: 274
You know what, those two are not just a millionaire they are both billionaire of bitcoin however, due to the recent decline of price the title could been removed to them, I just don't knew if they invest additional bitcoins to their portfolio after the recent dip. Another one is that those two owned gemini which is a trading platform for bitcoin only as I recall. Thus they want to broadcast that the price will skyrocket and encouraged to trade with them.
full member
Activity: 243
Merit: 100
BITCOIN price could reach 30 to 40 times of its current value, according to co-founder of the Gemini Exchange Cameron Winklevoss.  Statement of the CEO if proves true; it will make investors millionaire.   Can it be true? so much increase?

It is very difficult to say what will happen to Bitcoin, especially to predict its price.
But this year I think it will be a maximum of x5.
hero member
Activity: 2660
Merit: 551
BITCOIN price could reach 30 to 40 times of its current value, according to co-founder of the Gemini Exchange Cameron Winklevoss.  Statement of the CEO if proves true; it will make investors millionaire.   Can it be true? so much increase?

You have to understand where they're coming from. Those guys are very bullish about bitcoin since day one because they are a bag holder of it so they will says anything that will push the price to go even further so that their investment will grow.

Well bitcoin has already made ordinary people millionaire by investing on it specially the early adopters so, definitely I say its already happened. However, as far as how much will it grow in the future. No one can say for certain.
member
Activity: 322
Merit: 10
it could rise tremendously by the end of the year
Yes it is expected and most of popular bitcoin traders and investors are saying that price of bitcoin will increase at the end of this year and the same I do think I can see the future of bitcoin as bright as we want to invest right now and wait till the end of 2018, I am sure right now people have started to buy and hold for long time but it is must to wait long to have proper investment.
member
Activity: 336
Merit: 10
30-40 times increasing? I doubt about it but im new in this world crypto currency than the expert that in this circle, ofcourse we always optimistist with bitcoin price in the future
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
it has already multiplied who knows how much 50000 times maybe? the starting price was lower than 1 cent and the ATH is nearly $20000 and we are not even at the mass adoption stage yet.
30-40 times in "future" is nothing. bitcoin is on the rise and even though at times like this we see some drops, these are opportunities to pick up some more before the rise continues and it keeps the market healthy.
sr. member
Activity: 882
Merit: 251
BITCOIN price could reach 30 to 40 times of its current value, according to co-founder of the Gemini Exchange Cameron Winklevoss.  Statement of the CEO if proves true; it will make investors millionaire.   Can it be true? so much increase?

Probably he has a secret task — to push people buying more and more Bitcoins. LOL. Seriously, I do not believe that such a growth is possible, especially in the nearest time.
jr. member
Activity: 140
Merit: 2
it's very hard to say that but sure it  will increase much further
by the i also determined that bitcoin will increase in future Smiley
copper member
Activity: 497
Merit: 0
BITCOIN price could reach 30 to 40 times of its current value, according to co-founder of the Gemini Exchange Cameron Winklevoss.  Statement of the CEO if proves true; it will make investors millionaire.   Can it be true? so much increase?

I think the rise of bitcoin to 40x is an excessive prediction. Although bitcoin has the potential to continue to increase its price, but for 40x it seems like impossible in the near future.
newbie
Activity: 56
Merit: 0
it could rise tremendously by the end of the year
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