Topic: BITCOIN WILL COST $500,000 BY 2030 - page 2. (Read 2503 times)
Possible, yes but I believe this is an optimistic estimate. I think 100,000 would be a more realistic expectation.
I'm not sure if the bitcoin in 2030 was reach $500,000, because even how famous the bitcoin in the market I never think that price of bitcoin were become expensive like $500k.
I dont think bitcoin will cost 500 k because that amount is very high I think the highest price of bitcoin maybe is 20,000 dollars. But everything is possible to happen we dont know what is the price of bitcoin in the future. But if you have hundreds of bitcoin for sure you will earn 500k dollras in the future if the bitcoin price is very high. 500k dollars very high amouny but in bitcoin world that amount is little only.
Wow, $500K in just twelve and a half years from now. That's a hard one to swallow. I would be more than happy with even just $50K per bitcoin.
Anyway, what if hypothetically, it was true that bitcoin lasted that long and it's price did reach $500K. Then today's price is a relative steal. Buy two bitcoin today and in 12.5 years, you'll be a millionaire.
Anyway, what if hypothetically, it was true that bitcoin lasted that long and it's price did reach $500K. Then today's price is a relative steal. Buy two bitcoin today and in 12.5 years, you'll be a millionaire.
I saw this on facebook that in 2030 bitcoin could definitely reach that. that's why high profiles people already in bitcoin like bill gates because they knew that bitcoin is so powerful and anytime it can increase and grow. i think in 1 year it makes $500-1000 dollars increase in current price . this is the reason why bitcoin can be popular and be legalized in all countries.
Can't see it personally. It's going to have to take some serious widespread adoption for something like this to happen.
$10k, no problem, $500k is dreamland.
$10k, no problem, $500k is dreamland.
Who would have said that the bitcoin would arrive at more than $ 2000 at its launch, we all also said "DreamLand".
The bitcoin will be increasingly scarce and the demand will only increase if it settles in and is recognized by countries (something that begins to happen) Except the world war, big stock market crash that will disrupt its market. I think the bitcoin is untouchable.
Can't see it personally. It's going to have to take some serious widespread adoption for something like this to happen.
$10k, no problem, $500k is dreamland.
$10k, no problem, $500k is dreamland.
in a serious French newspaper that predicted
http://arnaud-lefebvre.fr/curriculumvitae.php
This dude have no basic education in Economy.
"Selon eux" in french (equivalent of "according to them")
The theory is that of Smith and Liew much more and many other researchers, Arnaud Lefebvre is only a paid person to write the article.
The site itself is credle in France I do not talk to you about the author who reports. (It's his job).
I think that is a bit too much, but here is to hoping.
I'd rather see BTC become 5 euros though because it is very centralized / unequally distributed. Let a better distributed coin become valuable. I'd sign up.
I'd rather see BTC become 5 euros though because it is very centralized / unequally distributed. Let a better distributed coin become valuable. I'd sign up.
in a serious French newspaper that predicted
http://arnaud-lefebvre.fr/curriculumvitae.php
This dude have no basic education in Economy.
That is way too far for a prediction. Its 2017 now and we are at the $3000 mark prediction until now.
5 zeros? I doubt that
I am not a pessimistic guy but still that is a lot of money which could lead to destruction.
There are 21 million coins and that is a lot too.
It is not like the Monalisa which is the only one in the whole world.
5 zeros? I doubt that
I am not a pessimistic guy but still that is a lot of money which could lead to destruction.
There are 21 million coins and that is a lot too.
It is not like the Monalisa which is the only one in the whole world.
Bitcoin price reaching such a big price is possible, but we don't know when this is gonna happen. I pray I need to be alive when such a price increase was happening. Only then can make a better profiting with them same.
That's totally a big value for a single bitcoin. But there's a possibility that after 13 years we will see bitcoin at that year and it's just a matter of supply and demand. Once the demand reached it's highest point, we may even see higher than that speculation. And year by year we are seeing bitcoin's price increase all the time.
Of course it is possible; never thought of actually $500,000 - but for example I think $100,000 is a very possible amount which will happen in the next 5 to 7 years...
When $100000 is possible within 5-7years surely 500000$ too is possible but the time may vary from 10-15 years. This prediction was put forth by one among the billionaire bitcoin investor who is much knowledged about bitcoin. So without any calculation he could have not made this prediction. Let's wait and experience the real facts.
Of course it is possible; never thought of actually $500,000 - but for example I think $100,000 is a very possible amount which will happen in the next 5 to 7 years...
Even if it doesn't, bitcoin is still a much better investment than traditional stocks. If I invest $1000 in the stock market, the typical rate of annual return is usually expected to be 6-8%. So if get 7% return, then after 10 years, my original investment doubles to nearly $2000. So THINK ABOUT IT! Do you think it will take 10 years for bitcoin to double from its current market value? In other words, even if bitcoin is only worth $10k ten years from now, then I'm still doing WAY better with my investment than if I had invested in the stock market.
it's true, but it makes Bitcoin seem better (which it is) because the mainstream financial system is such a scam that you barely make any interest on your savings, meanwhile they are lending it out to others when it's not even their money at RIDICULOUS rates.
Even if it doesn't, bitcoin is still a much better investment than traditional stocks. If I invest $1000 in the stock market, the typical rate of annual return is usually expected to be 6-8%. So if get 7% return, then after 10 years, my original investment doubles to nearly $2000. So THINK ABOUT IT! Do you think it will take 10 years for bitcoin to double from its current market value? In other words, even if bitcoin is only worth $10k ten years from now, then I'm still doing WAY better with my investment than if I had invested in the stock market.
Hello everyone,
Right now in France there is a great debate around the bitcoin. Many people predict huge multiplications of the price of the bitcoin. I found an article in a serious French newspaper that predicted a price of 500k $ of 1BTC in 2030 !
In your opinion, is it imaginable?
Links:
French: https://fr.express.live/2017/04/10/2030-bitcoin-vaudra-demi-million-de-de-dollars/
English: http://bitcoinist.com/bitcoin-will-cost-500000-2030-snapchat-investor-liew/
Right now in France there is a great debate around the bitcoin. Many people predict huge multiplications of the price of the bitcoin. I found an article in a serious French newspaper that predicted a price of 500k $ of 1BTC in 2030 !
In your opinion, is it imaginable?
Links:
French: https://fr.express.live/2017/04/10/2030-bitcoin-vaudra-demi-million-de-de-dollars/
English: http://bitcoinist.com/bitcoin-will-cost-500000-2030-snapchat-investor-liew/
Very interesting as a topic, why not? Who knows what the BTC will be worth in 15 years? Will it be more present in our purchases? So many unanswered questions, for now I prefer to keep my Bitcoins.
Good initiative, in 15 years remains to be seen what would be worth $ 100,000 in everyday life. Purchasing power will also play a role.
It could be possible before 2030 becoz adoption or bitcoin is less but rising of price creates too much attention to new people . new people discuss about price not about technology ..... till 2030 whole world will understande about this technology , world should be thanksfull to satoshi who gives this wonderfull technology
Before 2030 there will be explosive rises of bitcoin but I dont think 500000$ ... but you are right with the adoption of the bitcoin there will be greater demand what will influence the prices of bitcoin upward
I guess if everything works out perfectly bitcoin can indeed archive that amount of value by 2030. But there are many influancial factors which we don't know will corespond with the value of BTC and cryptocurrency. There hasn't been a major financial crisis since 2008 and no bigger war for a long time just to name two. But I strongly belive that bitcoin multiplied it's value many time by the year 2030.
Btw if you want to know how much "money" is invested in all different assets check this site out: http://demonocracy.info/infographics/world/lqp/liquidity_pyramid.html
Btw if you want to know how much "money" is invested in all different assets check this site out: http://demonocracy.info/infographics/world/lqp/liquidity_pyramid.html
Even a big crisis will not influence the course of the bitcoin, since the supply and demand applies to the bitcoin, I think that if there is a crisis the bank system will collapse and all this will benefit the bitcoin.
It's an interesting prediction, but I find the farther away each prediction is, there is an exponentially greater chance that the prediction is off. First off, when are we hitting 10,000? The Clif High prediction is a good start.
If the conditions remain the same, Y will have a big boom in prices around 2021-2022, personally I'm sure that it will exceed the $ 10,000 if the conditions remain the same. With the recognition of the bitcoin the demand goes great so prices will climb even faster.
I hope you are right but what if bitcoin got surpass by another crypto currency would it still be worth that high,
I mean that is a long way to go so there could be a possibilities that some one could develop some crypto currency that could surpass bitcoin.
I mean that is a long way to go so there could be a possibilities that some one could develop some crypto currency that could surpass bitcoin.
We all hope that it is true, we hope that the demand for the bitcoin will not go down and that there will be no scandal with this cryptocorrency
I hope you are right but what if bitcoin got surpass by another crypto currency would it still be worth that high,
I mean that is a long way to go so there could be a possibilities that some one could develop some crypto currency that could surpass bitcoin.
I mean that is a long way to go so there could be a possibilities that some one could develop some crypto currency that could surpass bitcoin.
It's an interesting prediction, but I find the farther away each prediction is, there is an exponentially greater chance that the prediction is off. First off, when are we hitting 10,000? The Clif High prediction is a good start.
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