I dont think so, bitcoin will be a good price, but not 500k $ per btc...
+1 I am worried about this part of the community. Because of this we have pumps and dumps. Unrealistic expetations+ FUD people that think that we go to 0. 
Topic: Bitcoin will get half million dollars prices by 2030 : Blockchain.info CEO - page 4. (Read 4027 times)
April 12, 2017, 07:07:06 PM
April 12, 2017, 05:26:10 PM
Even if Bitcoin gained worldwide adoption, it will never realistically reach such a high price within 2030. There's always issues with Bitcoin that stop it in its tracks and much more that brings about instability and there's also exploits (which is still better than fiat). Until we solve these issues and get better at solving issues instead of letting a small group of miners control us we won't even get close.
April 12, 2017, 04:57:56 PM
No never that's a lot. You can think practically currently some 17 million bitcoin are in market and price is 1200$. Even though halving has a huge impact on the price half million is too much. Maybe 10k would be a better prediction but we will only reach at 10k if people don't sell all there coins before 10k.
April 12, 2017, 11:27:19 AM
I think this is too excessive, 2030 remaining 13 years longer, and now the price is still about $1200, it seems impossible that the price could reach 400 times from now, if the world bank officially using bitcoin then it can be happen.
If the price doubles every year, the price will be much higher.
April 12, 2017, 10:24:09 AM
I think this is too excessive, 2030 remaining 13 years longer, and now the price is still about $1200, it seems impossible that the price could reach 400 times from now, if the world bank officially using bitcoin then it can be happen.
If the price doubles every year, the price will be much higher.
April 12, 2017, 09:11:16 AM
I believe everyone will love this speculation. Read on 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.
bitcoin isnt for mobile small transaction based activities. Its a store of value. 5% of the world population because more mobile phones? Nah. Sry I want to believe but this is going to far. We cant expect an infinite exponential growth for 13 years to come. Everyone who thinks that will get burned eventually. Name 1 thing that you can compare with bitcoin that has a exponential growth for 13 years? Thats right : none. Anyway I believe in Bitcoin but 500 000 USD? NahThey are not just throwing blind balls but come with solid evidences to support their speculation.
I agree with you. Realistically $500,000 is out of hand. There are definitely uncertainties in this projection and its assumptions. Bitcoin certainly has hurdles to overcome – scalability and usability being two of them – but it has done remarkably well in maturing.
I believe the price of bitcoin will increase exponentially, but not around this price, its not realistic for me, Sorry. We all love seeing and hearing good news like this one come, however, I doubt it can happen.
April 12, 2017, 07:46:40 AM
I think this is too excessive, 2030 remaining 13 years longer, and now the price is still about $1200, it seems impossible that the price could reach 400 times from now, if the world bank officially using bitcoin then it can be happen.
I read this article somewhere and I felt out my chair. I think this is absurd. Maybe he has information, we don't know yet, but half a million is beyond reach of bitcoin. I'm not downplaying his prediction, but logically, we bitcoin price can't touch even $100K. So for me, this doesn't make sense even if mass adopted globally. I think he just was to make a good news for bitcoin community for releasing such a statement.
April 12, 2017, 07:44:17 AM
13 years later half a million dollars' worth would be same as 50k$ of today's. It is nice to dream about that but also keep in mind that FED is constantly printing USD and they will never stop doing so. Because of the huge inflation not just bitcoin but everything's price will skyrocket. Because like every other useful stuff there is, bitcoin has a limited supply buy FED's FIAT don't.
April 12, 2017, 07:39:04 AM
Given how many users (hardly any) and the current usage level (almost none) and the current price ($1200+) it does seem like the price could go a lot higher.
If Bitcoin even started to be used or bought by a small percentage of the population, and was used (not that it scales) then it could easily be $25k per Bitcoin in my opinion.
$500k sounds pretty fanciful, to be honest, I don't see Bitcoin being adopted by the masses anyway, so $25k seems unlikely.
If Bitcoin even started to be used or bought by a small percentage of the population, and was used (not that it scales) then it could easily be $25k per Bitcoin in my opinion.
$500k sounds pretty fanciful, to be honest, I don't see Bitcoin being adopted by the masses anyway, so $25k seems unlikely.
Indeed. I think people here have multiple blind spots. They simultaneously think it's far bigger and far smaller than it actually is.
I don't think mass adoption is a requirement for a considerably higher price. The 'masses' will be the very last to come on board anyway.
April 12, 2017, 06:56:32 AM
I think this is too excessive, 2030 remaining 13 years longer, and now the price is still about $1200, it seems impossible that the price could reach 400 times from now, if the world bank officially using bitcoin then it can be happen.
April 11, 2017, 01:12:36 AM
That's a good news and that to put forth by an expert in the same field is simply something that gives a better hope. Price surely increases but to which extent matters big. Recently based on etf approval its expectedto go above $3000 but haven't got support. In the same manner in future to if obligations were found then there won't be any assurance.
April 11, 2017, 12:39:43 AM
Given how many users (hardly any) and the current usage level (almost none) and the current price ($1200+) it does seem like the price could go a lot higher.
Since more and more people are coming to the bitcoin world i am sure that the price is bound to increase in the future but it is really hard to predict the valuation and if the snap chat investor is the investment god then who knows ,anything could happen.Considering the potential bitcoin has it is under valued at the moment and it is good to have a couple of coins for the long term. April 11, 2017, 12:23:57 AM
Given how many users (hardly any) and the current usage level (almost none) and the current price ($1200+) it does seem like the price could go a lot higher.
If Bitcoin even started to be used or bought by a small percentage of the population, and was used (not that it scales) then it could easily be $25k per Bitcoin in my opinion.
$500k sounds pretty fanciful, to be honest, I don't see Bitcoin being adopted by the masses anyway, so $25k seems unlikely.
If Bitcoin even started to be used or bought by a small percentage of the population, and was used (not that it scales) then it could easily be $25k per Bitcoin in my opinion.
$500k sounds pretty fanciful, to be honest, I don't see Bitcoin being adopted by the masses anyway, so $25k seems unlikely.
April 11, 2017, 12:07:53 AM
(2) The bitcoin user network will grow 61 times through 2030. A population of bitcoin users comprising 5% of the world’s population in 2030 will drive the price to $500,000 in 2030. 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. SPECULATION - they're assuming that bitcoin user network grows at the same pace that it has for the last 4 years.
you are right, it won't be the same speed but instead it will actually speed up. in the early years everyone is so afraid or not aware of the investment. then the smart money comes in then the rest come in and price goes up. after some time a history shapes up and regular people can see it and come in and as things become more normal more people stop being afraid and come in.on top of that the adoption such as Japan announcement recently and so many others will bring in a lot more users. so in the end the user base grows at a much faster speed.
Quote
(3) The average bitcoin value per user will hit $25,000. When institutional investors cash in their bitcoins, bitcoin-based ETFs and trading by sophisticated investors will increase, pushing the average value to $25,000. With a current market cap of $17.4 billion and 6.5 million users, the average user now holds $2,515 of bitcoin. SPECULATION - logically it could happen, but it requires access to Wall St. And unless you were living in N. Korea, you know that the SEC said "no" to Bitcoin ETFs on Wall St. This makes it unlikely that this access will be gained in the future, since the issue the SEC had was lack of regulation over the Bitcoin market.
you don't know that either.you are expecting because SEC denied ETF now it will do it in the future too which is a wrong speculation.
April 10, 2017, 11:51:24 PM
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 ?
I am not too sure bitcoin will reach half a million dollars in 2030. The price is too high and unreasonable. 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 ?
many things to be calculated into predicting the price of bitcoin.
April 10, 2017, 10:14:49 PM
it is funny how everyone is a financial and bitcoin price expert these days and they are releasing their predictions. i have seen at least 5 of these things.
and not so long ago when price was going down everyone was silent!
and not so long ago when price was going down everyone was silent!
April 10, 2017, 10:10:24 PM
IDK about $500k but I would expect we would touch $100k or close to that number by 2030.
Look at how pessimistic and skeptic everybody is in here, even though we are at all time highs in a brand new technology.
You'd post this in early 2014 and everybody would pop champagne in here.
Look at how pessimistic and skeptic everybody is in here, even though we are at all time highs in a brand new technology.
You'd post this in early 2014 and everybody would pop champagne in here.
April 10, 2017, 09:31:56 PM
Only time can tell about those speculations. No proofs means its too impossible to happen. Its only a wild guess coming from those bitcoin analyst or whatsoever.
April 10, 2017, 08:13:58 PM
I am not too sure bitcoin will reach half a million dollars in 2030. The price is too high and unreasonable.
many things to be calculated into predicting the price of bitcoin.
many things to be calculated into predicting the price of bitcoin.
You're saying no to a 10 trillion dollar market cap? Pah. I manage things like that before breakfast with the wind behind me.
April 10, 2017, 08:08:53 PM
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 ?
I am not too sure bitcoin will reach half a million dollars in 2030. The price is too high and unreasonable. 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 ?
many things to be calculated into predicting the price of bitcoin.
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