Topic: Bitcoin will get half million dollars prices by 2030 : Blockchain.info CEO (Read 4027 times)
April 23, 2017, 09:40:36 AM
This is great that blockchain ceo spoken about the many people argueing about the bitcoin price but this will take 13 years more so theres 13 years chance for us to earn and save them for this year and for those who had tones bitcoin in this year hope that you don't die lmao.
April 23, 2017, 09:34:03 AM
I hope bitcoin will reach this much, but at the current state I doubt it will ever reach that.
But I think at least 1 crypto will eventually become a trillion dollar market cap asset. The question is just which one.
But I think at least 1 crypto will eventually become a trillion dollar market cap asset. The question is just which one.
April 23, 2017, 08:01:57 AM
"From 2013 to 2017, the network grew from 120,000 users to 6.5 million users, nearly a 54-fold gain. Such growth would produce 400 million users in 2030."
And in 2046 this 54 fold gain would produce 21.6 billions users.
I think there is one small problem with this.
But I'm having a hard time spotting it.
It has something to do with the world population , I'm sure of it
.
And in 2046 this 54 fold gain would produce 21.6 billions users.
I think there is one small problem with this.
But I'm having a hard time spotting it.
It has something to do with the world population , I'm sure of it
. April 23, 2017, 06:59:13 AM
April 23, 2017, 06:51:09 AM
500 000$ is way too much, even for me, a true Bitcoin believer. 10 000$ sounds way more realistic. Anyway, lurking people into Bitcoin by telling them that they will win money by doing so is a bad idea.
April 23, 2017, 05:04:05 AM
There are many competition from other coins out there.
No doubt there will be more gamblers willing to "invest" on crypto-currency in general.
Altcoins = gambling while Bitcoin= investing. In the long run only BTC will succeed as an investment. No doubt there will be more gamblers willing to "invest" on crypto-currency in general.
Altcoins can even be safer than Bitcoin in some cases. Who knows when Bitcoin could move into a bear market and some other coin could move into a bull market? No one does.
Even if it was a scamcoin or shitcoin it would still be an investment, just a bad one.
April 23, 2017, 04:36:42 AM
There are many competition from other coins out there.
No doubt there will be more gamblers willing to "invest" on crypto-currency in general.
Altcoins = gambling while Bitcoin= investing. In the long run only BTC will succeed as an investment. No doubt there will be more gamblers willing to "invest" on crypto-currency in general.
Altcoins can even be safer than Bitcoin in some cases. Who knows when Bitcoin could move into a bear market and some other coin could move into a bull market? No one does.
April 23, 2017, 04:17:33 AM
There are many competition from other coins out there.
No doubt there will be more gamblers willing to "invest" on crypto-currency in general.
Altcoins = gambling while Bitcoin= investing. In the long run only BTC will succeed as an investment. No doubt there will be more gamblers willing to "invest" on crypto-currency in general.
Altcoins can even be safer than Bitcoin in some cases. Who knows when Bitcoin could move into a bear market and some other coin could move into a bull market? No one does.
April 23, 2017, 03:42:00 AM
There are many competition from other coins out there.
No doubt there will be more gamblers willing to "invest" on crypto-currency in general.
Altcoins = gambling while Bitcoin= investing. In the long run only BTC will succeed as an investment. No doubt there will be more gamblers willing to "invest" on crypto-currency in general.
April 22, 2017, 11:07:29 PM
There are many competition from other coins out there.
No doubt there will be more gamblers willing to "invest" on crypto-currency in general.
No doubt there will be more gamblers willing to "invest" on crypto-currency in general.
April 22, 2017, 08:13:42 PM
in our lifetimes...
100k is easy!
500k is not impossible!!
all it will take is a half dozen (6 ) billionaires getting involved.
boom.gif
It won't even require that, just enough people willing to buy Bitcoin (and still hodl it) will be able to catapult Bitcoin to something like $500,000, just over a longer period of time. Money still flowing into Bitcoin means it will keep getting more and more valuable, and as long as there are no market crashes there can easily be pumps to massive numbers. It just comes down to community growth.100k is easy!
500k is not impossible!!
all it will take is a half dozen (6 ) billionaires getting involved.
boom.gif
I'm curious as to everyone else's opinions on whether or not Bitcoin can start to experience a kind of exponential growth as the price goes up, and more people seek to make money off of it, raising the price, rinse, repeat.
April 22, 2017, 06:16:46 PM
Lol imagine bitcoins are half a mil each. I don't think that would fly under the radar with the government hahahahaa.
But I think the real issue would be the mining difficulty. I mean holy crap, there are going to have to be some pretty amazing asics out there to deal with the difficulty going up 500-1000x.
But I think the real issue would be the mining difficulty. I mean holy crap, there are going to have to be some pretty amazing asics out there to deal with the difficulty going up 500-1000x.
April 22, 2017, 06:04:22 PM
If that happens then I think Jihan or Jihad or whatever Wu will become the leader of the one world order government-dictatorship then screwing us sideways without anyone dare to oppose him take a look at NK leader people literally kiss his ass and they even enjoy it.
Jokes aside if bitcoin scales up enough and only 100m more potential investors-users will be needed to start moving towards that direction, we can't even properly predict what happens the next day how'd you rely on a wild prediction such as $500,000 by 2030?
I think if that happens then we might go to actual military wars to decide how to do a soft or hard fork and how to change even a single line of code when the stakes are up high trillions of dollars.
Jokes aside if bitcoin scales up enough and only 100m more potential investors-users will be needed to start moving towards that direction, we can't even properly predict what happens the next day how'd you rely on a wild prediction such as $500,000 by 2030?
I think if that happens then we might go to actual military wars to decide how to do a soft or hard fork and how to change even a single line of code when the stakes are up high trillions of dollars.
April 22, 2017, 05:09:57 PM
then I imagine many people will became a new millionaire
It is really cool to predict that we could see more millionaire's when the price of bitcoin reach half a million dollars but it will be really interesting to know how many would be holding on to their coins at that time,it is really difficult to tell that,people who started out with bitcoin knows the same exact thing,having thousands of bitcoin is not a big thing when it started and most of them sold off even before the big rallies started ,so it will happen again,people would sell with every price rise and people who has the guts to hold for a longer time might be millionaires. April 22, 2017, 02:25:57 PM
It may become so valuable in this short time, if some of the biggest retailer chains accept it as officall currency it's value would raise extremly fast
and in case of another big colapse of FIAT currencies, bigger percantage of people would try cryptocoins as few years ago... and this would probably increase value too
and in case of another big colapse of FIAT currencies, bigger percantage of people would try cryptocoins as few years ago... and this would probably increase value too
April 22, 2017, 12:09:44 PM
Though 500k is quite much per bitcoin but I won't doubt that it would get very high later in future at least from my experience few years ago when I had the chance to buy at an extremely low price and I didn't. Now, my fingers are in my mouth.
My goal: keep storing!
My goal: keep storing!
April 22, 2017, 11:24:30 AM
$500,000 seems a bit steep in that short of time imo. However, I don't think just a few years ago that people expected to see $1200 either. So.. I guess there's really no telling. We'll just have to see(And hope) lol.
April 22, 2017, 08:59:00 AM
then I imagine many people will became a new millionaire
April 22, 2017, 08:41:24 AM
2030 is very far away & so many things could happen before then, good & bad. I damn sure hope this guy is right though.
April 22, 2017, 06:09:33 AM
I believe everyone will love this speculation. Read on this here : https://www.cryptocoinsnews.com/bitcoin-price-hit-500000-2030-says-snapchats-first-investor
They are not just throwing blind balls but come with solid evidences to support their speculation.
Usually both positive and negative speculations will occur quicker than expected. We may speculate price levels some what accurately but not the time frame. So, time of 2030 may shrink to 2025 too, what you think ?
They are not just throwing blind balls but come with solid evidences to support their speculation.
Usually both positive and negative speculations will occur quicker than expected. We may speculate price levels some what accurately but not the time frame. So, time of 2030 may shrink to 2025 too, what you think ?
That's just 13 years to go from $1300 to $500,000. If I did my calculations correctly, that would take almost a 60% gain per year. I could see a few years at that gain, but I'm skeptical about that rate for 13 years.
Jump to: