BITCOIN WILL COST $500,000 BY 2030 | Bitcointalksearch.org

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Quote from: Question123 on July 11, 2017, 04:47:56 PM

Quote from: LFC_Bitcoin on July 11, 2017, 02:38:16 PM

I think there are way too many variables, simply too many things that could happen to affect the price. 2030 is too far away to predict the price. I'd be happy to see even $100,000.

For me 100k dollars each bitcoin is very impossible to happen because I think the highest price of bitcoin around 10k to 20k dollars and I think it will happen in the next few years. I dont see any reason to reach bitcoin price at 100k dollars because that price is very high even you wait decades you cant see that price . What if your expectation price is 500k for sure you now die but it will not reach but everything is possible to happen.

Anything is possible to happen in future but I don't think that bitcoin will achieve that high price ever in future and even if it achieves the price of $10k many people would be satisfied and will sell their coins at that price which will again bring price to lower levels.

Question123

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Quote from: LFC_Bitcoin on July 11, 2017, 02:38:16 PM

I think there are way too many variables, simply too many things that could happen to affect the price. 2030 is too far away to predict the price. I'd be happy to see even $100,000.

For me 100k dollars each bitcoin is very impossible to happen because I think the highest price of bitcoin around 10k to 20k dollars and I think it will happen in the next few years. I dont see any reason to reach bitcoin price at 100k dollars because that price is very high even you wait decades you cant see that price . What if your expectation price is 500k for sure you now die but it will not reach but everything is possible to happen.

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Quote from: LFC_Bitcoin on July 11, 2017, 02:38:16 PM

I think there are way too many variables, simply too many things that could happen to affect the price. 2030 is too far away to predict the price. I'd be happy to see even $100,000.

You are talking about $100,000 which is again very high expectations from bitcoins and I don't think that people have patience to hold their coins till it reaches that price and if price of bitcoins goes to even $5k in coming days then people will start dumping their coins for sure as even that price is giving them huge profits.

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I think there are way too many variables, simply too many things that could happen to affect the price. 2030 is too far away to predict the price. I'd be happy to see even $100,000.

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Quote from: Pierre 2 on July 11, 2017, 06:05:15 AM

13 years is such long time to suggest anything.
But if bitcoin keeps living, I wouldn't be surprised to see it becoming like $50.000 in my lifetime. No kidding.
But $500.000 is too much to expect.

Agreed that is too high to expect from bitcoins in coming years and bitcoin will definitely be more popular in coming years and it will be also holding higher price but right now I don't see it going beyond $10k and I am sure if price reaches people will start selling their coins in no time.

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Quote from: RastMan on June 21, 2017, 12:49:17 PM

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/

It's possible to reach prices that high because that is 13 years away and a lot of development could happen by then.

It's also good for bitcoin that they are have serious debates like this. Bitcoin needs to be relevant and this is a way for more people to hear about it and learn about it.

Pierre 2

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13 years is such long time to suggest anything.
But if bitcoin keeps living, I wouldn't be surprised to see it becoming like $50.000 in my lifetime. No kidding.
But $500.000 is too much to expect.

RastMan

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Quote from: BillyBobZorton on June 28, 2017, 06:36:37 AM

Quote from: RastMan on June 21, 2017, 01:03:41 PM

Quote from: BillyBobZorton on June 21, 2017, 12:53:48 PM

Quote from: RastMan on June 21, 2017, 12:49:17 PM

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/

Bitcoin is designed in a way that it will never stop going up as long as there is demand for it, and in 2030 the total supply becomes almost reached:

As you can see, the curve becomes almost a straight line. The price should be very, very high in 2030 if the demand is meet. Luckily, we are still early on, notice how in 2017 there is still a nice angle. The more straight the line becomes the higher the price (and the harder to accumulate).

Thank you very much for your representative graph;
In 2030 If the demand will be relatively the same the supply will be nil casing which will rarify the bitcoin.
I think it's time to invest in the bitcoin prices will only go up.

Here is another graphic that showcases how disruptive technologies explode in short amounts of time:

This is how the price will act... once people (and by people I include rich Wall Street moguls) realize the unique properties of bitcoin can benefit their wealth, they will buy some and once this happens, it will be a chain reaction and the current ups and downs will look like nothing in the all time graph in 10 years.

Thank you for your graph.
Yes, with a facilities by counties bitcoin will win on autority and bitcoin will have a BOOM.

BillyBobZorton

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Quote from: RastMan on June 21, 2017, 01:03:41 PM

Quote from: BillyBobZorton on June 21, 2017, 12:53:48 PM

Quote from: RastMan on June 21, 2017, 12:49:17 PM

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/

Bitcoin is designed in a way that it will never stop going up as long as there is demand for it, and in 2030 the total supply becomes almost reached:

As you can see, the curve becomes almost a straight line. The price should be very, very high in 2030 if the demand is meet. Luckily, we are still early on, notice how in 2017 there is still a nice angle. The more straight the line becomes the higher the price (and the harder to accumulate).

Thank you very much for your representative graph;
In 2030 If the demand will be relatively the same the supply will be nil casing which will rarify the bitcoin.
I think it's time to invest in the bitcoin prices will only go up.

Here is another graphic that showcases how disruptive technologies explode in short amounts of time:

This is how the price will act... once people (and by people I include rich Wall Street moguls) realize the unique properties of bitcoin can benefit their wealth, they will buy some and once this happens, it will be a chain reaction and the current ups and downs will look like nothing in the all time graph in 10 years.

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Quote from: Febo on June 27, 2017, 11:43:22 AM

Quote from: RastMan on June 21, 2017, 12:49:17 PM

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/

13 years is a lot of time. Almost double as much BTC exist. Price can be any high. You also need to understand that you will be able to buy way less with $500k as you can now. Somewhere from half less to way more less. So when you measure BTC value for so long you should use something else then $. Maybe Gold or Bread. But in general such long predictions are useless. Rather predict price at year 2020 or if you are brave at year 2025.

To my point of view, it's obviously yes.No one can stop the bitcoin growth.It's keep on increasing year to year.If all the country accept the bitcoin means.In 2030,surely the price of bitcoin is greater then 500 k $.In Poland also ,now bitcoin is accepted in Hotels.Likewise All the country accept bitcoin mean,their is no doubt of this to be happen.

Pente

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If you treat Bitcoin growth as a fractal chart that rhymes over time, growth is similar to August of 2012. If so, from this point we may see slow growth for the next 4-5 months, then a big jump of up to 10 fold, followed by less than a year to another big jump.

In total, this could be up to a 100 fold increase by the end of 2018. If so, we could easily $300,000 by then. Even with another big slump for half a decade, it would just need a small increase to hit $500,000.

Now personally that sounds a little high and unbelievable, but then if you had told someone back in late 2012, that Bitcoin would touch $1000 each by the end of 2013, you would have told them that they were insane. So who knows.

It is certainly possible. What if large fiat holders decide to switch large amounts of money from off shore accounts into crypto?

I am hoping to see $100,000 per bitcoin by 2020 and expect over $1M per bitcoin by 2030.

Febo

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Quote from: RastMan on June 21, 2017, 12:49:17 PM

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/

13 years is a lot of time. Almost double as much BTC exist. Price can be any high. You also need to understand that you will be able to buy way less with $500k as you can now. Somewhere from half less to way more less. So when you measure BTC value for so long you should use something else then $. Maybe Gold or Bread. But in general such long predictions are useless. Rather predict price at year 2020 or if you are brave at year 2025.

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In a quote one user stated an assurance of reaching $20k then reaching a six digital value is simply possible. Because little by little now only more and more user base has started to move towards Bitcoin. Also we have got more years for the quoted price per bitcoin.

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yes but given the shear amt of money printing 500k will buy u a coffee by then

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Quote from: RastMan on June 25, 2017, 05:17:32 PM

Quote from: dquancey on June 25, 2017, 05:09:17 PM

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.

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.

Of course, the big boys are coming to play but they'll just dump hell out of it when they hit their profit targets. If BTC was to hit $500k, from where we are now that'd be a 250x increase.

In the next 12-13 years, BTC is going to have even more competition from currencies that aren't out yet, don't forget that ZEC and ETH are the big coins at the minute and they're fairly new in comparison.

So although BTC is the #1 coin, I wouldn't be surprised if a BTC 2.0 came along in the form of an alt. Don't forget plenty here are kicking themselves for not buying at $1 and trying to board the next hype train.

I think what I'm trying to get at, is that BTC will continue to thrive in the future, with the emergence of new currencies BTCs marketcap will start to fall even more.

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Quote from: Question123 on June 25, 2017, 09:24:39 PM

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.

When you believe $20k for one Bitcoin is the limit, then you have no clue about economics and scarcity!
If Bitcoin should survive the next decade, and if we keep progressing regarding technological infrastructure (L2, Sidechains etc.), 6 figures in terms of price are definitely possible!

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This is possible provided that bitcoin will continue its rapid growth and develop around the world. Such a price increase will make all the coin holders very rich.

xypos

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I mean, Snapchat's first investor. That's not just some guy living in his mom's basement(sounds strangely familiar to me), that's probably the investor of the MOST SUCCESSFUL messaging tool of the decade and revolutionised how people use IM.

But still, take it with a grain of salt. Others experts have predicted that bitcoin will drop down to $100, some said it'll be $100k by the end of the year. I mean, predictions are just predictions. $500k does seem a bit hard too achieve.

I would say though that if he changed the figurefrom $500k to $75k, i will root for him all day. By 2030 there would be 3 more halvings that have happened, each halving will bring around a triple in price. $75k is not hard at all.

rhamzter

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I was not expecting much to bitcoin, yes their price was increasing but I think $500,000 was not achieve by bitcoin in 2030. However, maybe $100,000 in 2030 it was possible if the selling of bitcoin in the market was great.

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If that's the case then Bitcoin is really a good investment for your future children or grand children, I better start adding more investment with Bitcoin so that my children's kids will live a luxurious life. I believe in this because i have seen Bitcoins potential over the years. And i was one of the many who became semi rich because of believing to Bitcoin.

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Possible, yes but I believe this is an optimistic estimate. I think 100,000 would be a more realistic expectation.

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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.

Question123

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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.

Junko

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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.

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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.

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Quote from: dquancey on June 25, 2017, 05:09:17 PM

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.

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.

dquancey

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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.

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Quote from: webcam_models hiring on June 22, 2017, 03:40:06 AM

Quote from: RastMan on June 21, 2017, 12:49:17 PM

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).

2econd

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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.

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Quote from: RastMan on June 21, 2017, 12:49:17 PM

in a serious French newspaper that predicted

http://arnaud-lefebvre.fr/curriculumvitae.php

This dude have no basic education in Economy.

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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.

slackcryptoz

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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.

batang_bitcoin

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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.

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Quote from: virtualdn on June 21, 2017, 03:23:38 PM

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.

virtualdn

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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...

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Quote from: passionsurf on June 21, 2017, 03:08:53 PM

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.

passionsurf

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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.

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Quote from: Famnant on June 21, 2017, 01:04:12 PM

Quote from: RastMan on June 21, 2017, 12:49:17 PM

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/

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.

Quote from: bitex.in on June 21, 2017, 01:58:49 PM

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

Quote from: Cicada1033 on June 21, 2017, 02:04:14 PM

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

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.

Quote from: KrakAJAX on June 21, 2017, 02:09:38 PM

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.

Quote from: cramcram21 on June 21, 2017, 02:44:20 PM

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.

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

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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.

KrakAJAX

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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.

Cicada1033

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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

bitex.in

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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

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Quote from: RastMan on June 21, 2017, 12:49:17 PM

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/

Yes that is good news and good fundamental for bitcoins, bitcoins will be $500.000 by 2030
if the comunity of bitcoins never become two because of the bitcoins hard fork,
must there are other ways to fix the bitcoins network except bitcoins hard fork that will keep ecosystem of bitcoins in one.

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Interesting question. I guess bitcoin will be growing and in 2030 will cost about 100 000 dollars and I thng in a progresive big countries it will be more popular

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Quote from: serhishulak on June 21, 2017, 01:08:38 PM

I doubt it. It is possible that bitcoin will cease to exist until this time.

Why will it cease to exist by this time? I believe that people will increasingly doubt the banking system that begins to show its limits ... So will invest on the cryptocorrency including the bitcoin.

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I doubt it. It is possible that bitcoin will cease to exist until this time.

RastMan

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Quote from: iamTom123 on June 21, 2017, 12:56:52 PM

Well, it can be very possible though personally I don't like this trend of predicting what can be the price of Bitcoin at a certain date. We all can speculate but only time can tell if our predictions are correct or will remain just imaginary.

Don't get me wrong because I also have my own little stock of Bitcoin and I would be happy if one day its worth can already be in the million vicinity. However, to get there Bitcoin can experience some turbulence as personally there is no prefect cryptocurrency.

Quote from: cryptoinna on June 21, 2017, 12:58:15 PM

I think there is very real possibility of such BTC' value

Quote from: jc89 on June 21, 2017, 01:01:45 PM

Quote from: RastMan on June 21, 2017, 12:49:17 PM

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/

It is very imaginable but the question is, will it be a reality?

13 years is a very long time and who would know, right? Bitcoin might not reach that amount, might reach that amount, or might surpass that amount on that year. No one is certain. Yes, it is promising that Bitcoin will achieve that great heights. I do hope Bitcoin goes there. I just wish that I have more than a Bitcoin when that comes.

I think that the only condition for this is a reality is that the demand is the same or grows. Personally I believe a lot in this currency that will conquer countries and take advantage of the new market places.

pearlmen

sr. member

Activity: 322

Merit: 250

2030 is still a long way ahead in which I believe its achievable considering the various development and discussions is going in currently this is something we are all hoping and wish it could turn out well and by 2030 I can just be appreciative that I got in 13 years earlier.

Famnant

full member

Activity: 157

Merit: 100

Quote from: RastMan on June 21, 2017, 12:49:17 PM

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/

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.

RastMan

full member

Activity: 159

Merit: 102

Quote from: BillyBobZorton on June 21, 2017, 12:53:48 PM

Quote from: RastMan on June 21, 2017, 12:49:17 PM

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/

Bitcoin is designed in a way that it will never stop going up as long as there is demand for it, and in 2030 the total supply becomes almost reached:

As you can see, the curve becomes almost a straight line. The price should be very, very high in 2030 if the demand is meet. Luckily, we are still early on, notice how in 2017 there is still a nice angle. The more straight the line becomes the higher the price (and the harder to accumulate).

Thank you very much for your representative graph;
In 2030 If the demand will be relatively the same the supply will be nil casing which will rarify the bitcoin.
I think it's time to invest in the bitcoin prices will only go up.

jc89

sr. member

Activity: 364

Merit: 250

Quote from: RastMan on June 21, 2017, 12:49:17 PM

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/

It is very imaginable but the question is, will it be a reality?

13 years is a very long time and who would know, right? Bitcoin might not reach that amount, might reach that amount, or might surpass that amount on that year. No one is certain. Yes, it is promising that Bitcoin will achieve that great heights. I do hope Bitcoin goes there. I just wish that I have more than a Bitcoin when that comes.

cryptoinna

newbie

Activity: 8

Merit: 0

I think there is very real possibility of such BTC' value

LuciferUA

full member

Activity: 212

Merit: 101

If course that is doable. As long as adoption grows. bitcoin is in a finite number so if demand rise, the price will rise because there will be "not enough" supply.

iamTom123

hero member

Activity: 490

Merit: 501

Well, it can be very possible though personally I don't like this trend of predicting what can be the price of Bitcoin at a certain date. We all can speculate but only time can tell if our predictions are correct or will remain just imaginary.

Don't get me wrong because I also have my own little stock of Bitcoin and I would be happy if one day its worth can already be in the million vicinity. However, to get there Bitcoin can experience some turbulence as personally there is no prefect cryptocurrency.

BillyBobZorton

legendary

Activity: 1204

Merit: 1028

Quote from: RastMan on June 21, 2017, 12:49:17 PM

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/

Bitcoin is designed in a way that it will never stop going up as long as there is demand for it, and in 2030 the total supply becomes almost reached:

As you can see, the curve becomes almost a straight line. The price should be very, very high in 2030 if the demand is meet. Luckily, we are still early on, notice how in 2017 there is still a nice angle. The more straight the line becomes the higher the price (and the harder to accumulate).

RastMan

full member

Activity: 159

Merit: 102

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/

Topic: BITCOIN WILL COST $500,000 BY 2030 (Read 2503 times)