Bitcoin worth $500,000 dollars by 2030? Views and Comments - page 2.

jualidbitmixer

sr. member

Activity: 532

Merit: 250

Quote from: ice18 on April 11, 2017, 03:02:18 AM

Its only an speculation no enough basis that this may rise up to $500,000, its very impossible to achieve even after 30 years but no one knows this might become real, we have to earn some bitcoins for our children before we die lol..

It might happen honestly and it's true by looking at a growing usage for transferring money across borders and countries. bitcoin really fit on that, but yeah the price is too much for each bitcoin, maybe around $10.000 is still acceptable.

ice18

hero member

Activity: 2492

Merit: 542

Its only an speculation no enough basis that this may rise up to $500,000, its very impossible to achieve even after 30 years but no one knows this might become real, we have to earn some bitcoins for our children before we die lol..

Xester

hero member

Activity: 994

Merit: 544

Quote from: DoctorG on April 11, 2017, 01:30:23 AM

Hey dudes,
I would be interested in your views and comments regarding this nugget of news.
You can google for full story of course!

First Snapchat investor says Bitcoin will be worth $500,000 dollars by 2030
Their argument is based on a growing usage for transferring money across borders and countries.

I personally think this is a little far fetched, although I never had the money or knowledge to invest in snapchat.
Perhaps I am not best qualified then to comment.

I know you guys are more knowledgeable than me, so let me know your views!

If this really is the case, even if BTC is worth 1/10th of that, its worth holding that fraction of Bitcoin for the future.

Will this cause more people to hold coins?

Any Whales out there thinking that they will finally be able to buy themselves a little Island all to themselves Cheesy

?

G

That is very feasible and it can happen but not at this point of time but possibly on 2030. This point of time we have a long way to go and if bitcoin will continue to flourish then we can actually have that value. But we can only hope for that to happen since there are many factors that can cause the failure or success of bitcoin. But we are very positive that we can still go that far since the community is growing.

pooya87

legendary

Activity: 3472

Merit: 10611

a lot of these type of speculation are out there.
i think they started back in 2013 when price first started to go high with crazy speed towards the $1100 (the Gox Bubble) and by that time i remember seeing the 10K prediction from those day's news.

and i believe it is a bit hard to accept but it can be possible. not in the short term but in a couple of years. specially with countries such as Japan accepting bitcoin with open arms.

Soul Reaper

full member

Activity: 126

Merit: 100

Bitcoins reaching a value worth 1 bitcoin
Equalling to 500,000$ seems to be a realistic statement.
Some thing like this will definitely happen in future.
But the time span mentioned I.e
By 2030 such a thing would happen ,
Is sounding a bit unrealistic.
I mean 2030 is almost just 1 decade away from now,
I dont think bitcoins will reach 500000$ so early.
But no one knows what the future holds.

btcdiggingmaster

hero member

Activity: 644

Merit: 500

Transact Safer / Chase Better

We don't know what will be the price of bitcoin in the next year but as bitcoin user, I like very much if it touches to $500,000 by 2030. If this happens means many people from different of the world will become rich.

iram3130

legendary

Activity: 1512

Merit: 1010

ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀

Quote from: ice098 on April 11, 2017, 02:00:13 AM

Quote from: DoctorG on April 11, 2017, 01:30:23 AM

Hey dudes,
I would be interested in your views and comments regarding this nugget of news.
You can google for full story of course!

First Snapchat investor says Bitcoin will be worth $500,000 dollars by 2030
Their argument is based on a growing usage for transferring money across borders and countries.

I personally think this is a little far fetched, although I never had the money or knowledge to invest in snapchat.
Perhaps I am not best qualified then to comment.

I know you guys are more knowledgeable than me, so let me know your views!

If this really is the case, even if BTC is worth 1/10th of that, its worth holding that fraction of Bitcoin for the future.

Will this cause more people to hold coins?

Any Whales out there thinking that they will finally be able to buy themselves a little Island all to themselves Cheesy

?

G

i dont think so, but it is possible if and only if people will be interested and they will invested on it, and also if they will use bitcoin as their money to buy goods. bitcoin needs to be circulate in order for it to live more years and continues to grow its value.

As I have always said the most Bitcoin can live will be 10 years from now if the same continues. We have got some serious issues with fees and slower transactions which need to be fixed. If Bitcoin stay longer than that then may be $50000 per Bitcoin may be a possiblity.

AngryDwarf

sr. member

Activity: 476

Merit: 501

Already an active thread on the subject:

https://bitcointalksearch.org/topic/snapchat-first-investor-thinks-bitcoin-could-realistically-be-worth-500000-1863278

ice098

hero member

Activity: 1498

Merit: 586

Quote from: DoctorG on April 11, 2017, 01:30:23 AM

Hey dudes,
I would be interested in your views and comments regarding this nugget of news.
You can google for full story of course!

First Snapchat investor says Bitcoin will be worth $500,000 dollars by 2030
Their argument is based on a growing usage for transferring money across borders and countries.

I personally think this is a little far fetched, although I never had the money or knowledge to invest in snapchat.
Perhaps I am not best qualified then to comment.

I know you guys are more knowledgeable than me, so let me know your views!

If this really is the case, even if BTC is worth 1/10th of that, its worth holding that fraction of Bitcoin for the future.

Will this cause more people to hold coins?

Any Whales out there thinking that they will finally be able to buy themselves a little Island all to themselves Cheesy

?

G

i dont think so, but it is possible if and only if people will be interested and they will invested on it, and also if they will use bitcoin as their money to buy goods. bitcoin needs to be circulate in order for it to live more years and continues to grow its value.

asuryan180

hero member

Activity: 868

Merit: 1000

The thing with that kind of statements is that it's very hard to tell whether they will turn true or not.Anything is possible,BTC may spike so much that a lot of people may feel left in the dust.It's not that exaggerated in my opinon,it all depends on what will the world situation at that point,but to say that for sure it will happen-not exactly.

DoctorG

jr. member

Activity: 53

Merit: 500

Which Doctor?

Hey dudes,
I would be interested in your views and comments regarding this nugget of news.
You can google for full story of course!

First Snapchat investor says Bitcoin will be worth $500,000 dollars by 2030
Their argument is based on a growing usage for transferring money across borders and countries.

I personally think this is a little far fetched, although I never had the money or knowledge to invest in snapchat.
Perhaps I am not best qualified then to comment.

I know you guys are more knowledgeable than me, so let me know your views!

If this really is the case, even if BTC is worth 1/10th of that, its worth holding that fraction of Bitcoin for the future.

Will this cause more people to hold coins?

Any Whales out there thinking that they will finally be able to buy themselves a little Island all to themselves Cheesy

?

G

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