Btc and future value | Bitcointalksearch.org

aylabadia05

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Quote from: 325btc on February 06, 2022, 12:12:32 PM

In the future if you have one btc and it cost 40k.
Then it means in 7-10 years about you dont have one btc
But...you have 40k btc as in the future we dont count value by fiat currency the crypto will be the currency.
Those who got crypto will own everything.
It means with 40k btc you have purache power 40k x 40k=? A lot lambos a lot lands a lot mansions.

The existence of an imagination to be motivated to achieve dreams. If I have 1 Bitcoin now, then someday I will have 10 Bitcoins. If what you describe is related to Bitcoin, then it's called a hallucination, not an imagination, let alone a dream.
A thinker will give a thought to something that is thought in accordance with the data (past, present, future).
Look at this graph.

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Quote from: Rimueng on March 04, 2022, 02:06:20 PM

In my understanding, if we have Bitcoin today and hold it for 10 years, and when bitcoin matures and there is a significant increase in price, usability and trust then, we will make huge profits. I believe in the future more innovation, more regulation to adopt bitcoin and other crypto assets. But it's clear that Hold is the winner.

That is a long, in my opinion, if you ar going to hold it for about a year, the thing you should do is to really keep it secure and have the private key and mnemonic phrase safe like in a bank vault or something. And who knows what's going to happen to us in the next 10 years. Plus there is this thing called mental toughness, your resiliency to get pass and not to sell your bitcoin if we reaches all time high. So very very hard to do and hold it for 10 years or so.

Rimueng

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In my understanding, if we have Bitcoin today and hold it for 10 years, and when bitcoin matures and there is a significant increase in price, usability and trust then, we will make huge profits. I believe in the future more innovation, more regulation to adopt bitcoin and other crypto assets. But it's clear that Hold is the winner.

Dave1

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Quote from: blockman on February 28, 2022, 08:12:46 AM

Quote from: Ziskinberg on February 28, 2022, 07:04:57 AM

Naturally, people have held their Bitcoin because they believe it will become more valuable in the future. Their idea was great and I support their thinking but I suggest them not to expect too much. Maybe 10 years from we can see Bitcoin reaches $500k and if that really happens, these holders will surely get happy while those weak hands regret it.
Well, I'm too positive as well that Bitcoin adoption went so strong, and to see people will use this as a currency.

IMHO, it's okay to expect much if it's for bitcoin. But for the other coins, it's better be applied to be neutral or give not too much expectation. That's just what I think since bitcoin is likely holding the whole market and it moves all of them every time it goes up or down.
$500k is a too much expectation and I'd love to hold bitcoin even only one until that time comes. As I've said that it's okay to expect that much, your expectation of it being as a currency isn't that much because it is actually a currency already or maybe it's about being used and replaced fiat.

As for my experience, it is better if you do have your own prediction and keep it to yourself and see if bitcoin can reach that price or not. Or just stick with the basic, continue to hold and accumulate because the chance of bitcoin having a massive growth in the coming year is high. So no expectation, just time will tell. A for the other coins, there could be some solid coins, but not like bitcoin though. There are some solid altcoins that can give us good profits in the future as well, but majority of us sticks to bitcoin.

blockman

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Quote from: Ziskinberg on February 28, 2022, 07:04:57 AM

Naturally, people have held their Bitcoin because they believe it will become more valuable in the future. Their idea was great and I support their thinking but I suggest them not to expect too much. Maybe 10 years from we can see Bitcoin reaches $500k and if that really happens, these holders will surely get happy while those weak hands regret it.
Well, I'm too positive as well that Bitcoin adoption went so strong, and to see people will use this as a currency.

IMHO, it's okay to expect much if it's for bitcoin. But for the other coins, it's better be applied to be neutral or give not too much expectation. That's just what I think since bitcoin is likely holding the whole market and it moves all of them every time it goes up or down.
$500k is a too much expectation and I'd love to hold bitcoin even only one until that time comes. As I've said that it's okay to expect that much, your expectation of it being as a currency isn't that much because it is actually a currency already or maybe it's about being used and replaced fiat.

Ziskinberg

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Quote from: Silberman on February 27, 2022, 02:47:19 PM

Quote from: Odusko on February 27, 2022, 09:19:21 AM

1 Bitcoin will remain the same 1 Bitcoin even in the next 100 years coming, the value of Bitcoin may change its price can go up to $400,000 in the next couple of years but if you hold one bitcoin it will not change its value but it Fiat value may change. On the contrary, Bitcoin will never replace fiat but will continue to provide an alternative role and a digital currency.

The nature of your holdings is not going to change but what you can get with them will increase significantly during the next years and decades, I really think this is why people are not using their bitcoin as much as they should, they are waiting for the value of their bitcoin to go up in terms of fiat and as long as this is the case then the adoption of bitcoin will still be on the slow side, but if you are not in a hurry to make profits then that is not really something that affects you at all.

Naturally, people have held their Bitcoin because they believe it will become more valuable in the future. Their idea was great and I support their thinking but I suggest them not to expect too much. Maybe 10 years from we can see Bitcoin reaches $500k and if that really happens, these holders will surely get happy while those weak hands regret it.
Well, I'm too positive as well that Bitcoin adoption went so strong, and to see people will use this as a currency.

batang_bitcoin

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Quote from: Marvelman on February 27, 2022, 10:05:27 AM

Quote from: Odusko on February 27, 2022, 09:19:21 AM

On the contrary, Bitcoin will never replace fiat but will continue to provide an alternative role and a digital currency.

On the contrary, this is not only possible, it is happening. During the last few years Bitcoin has witnessed a major evolution and global adoption. The concept has become easier to understand and used for the general public in most parts of the world. Take El Salvador for example. Moreover, current events in Ukraine and Russia clearly demonstrate how cryptocurrencies are more advantageous than fiat money and the traditional banking system.

The technology behind Bitcoin has advanced and Bitcoin is not only used as a currency but also to store value and make investments.

As an alternative, I'd agree about it. But if a country has been stopped to use those systems that they've been traditionally using all over these years with fiat, they'll have no choice but either to use their own system and it's like a close border system that only them can have it. Or, to have open transfers, they can use bitcoin on it. Whilst these countries that does have some issues with the traditional system and they were stopped, bitcoin is a good option for them. They'll add up to the value of the market and eventually will realize that it's not just a payment method but also a store of value and a kind of asset that they'd love to have.

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Quote from: Odusko on February 27, 2022, 09:19:21 AM

1 Bitcoin will remain the same 1 Bitcoin even in the next 100 years coming, the value of Bitcoin may change its price can go up to $400,000 in the next couple of years but if you hold one bitcoin it will not change its value but it Fiat value may change. On the contrary, Bitcoin will never replace fiat but will continue to provide an alternative role and a digital currency.

The nature of your holdings is not going to change but what you can get with them will increase significantly during the next years and decades, I really think this is why people are not using their bitcoin as much as they should, they are waiting for the value of their bitcoin to go up in terms of fiat and as long as this is the case then the adoption of bitcoin will still be on the slow side, but if you are not in a hurry to make profits then that is not really something that affects you at all.

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Quote from: Ararbermas on February 07, 2022, 11:10:14 AM

If you want a long term investment of course you can get massive income afterward. And no one knows how much percentage you can make from it because it depends on the growth rate of bitcoin in the future. Just use estimated price if you really want to know, infact there are some free calculators around the internet for traders how to compute profits at the significant price. Maybe it can help you.

I know when i started with investing with Bitcoin and i understand that my friend used big money to buy Bitcoin and used little as i have to buy Bitcoin and we forget about the coins for months and when bitcoin rise's the money my friend get is higher than my own, that is when i notice investing in bitcoin and any other coins you have to put plenty money, but people advice that some body should you his spell money for investment, but i agreed with them, but the profit of long term investment will be determine by the money you put

That's why people are competing to invest in bitcoin, in the long run this coin can provide an extraordinary value for the capital we spend, just imagine if 5 years ago we were able to buy 3 or 5 bitcoins, if calculated at the current price even quite a lot the profit we get, that's why people never hesitate to buy bitcoins instead of other coins, so take advantage of these conditions if we are able to do it.

We all know that btc is the high profitable coin in crypto market .Though its high volatile but we can get huge return for long term .I am agree with you that if we bought few btc when it was in more deep we could get a huge return .I just made a plan for my future that i will keep save my btc when i got it on deep that's how i could be passed my last life with peach and also i could give some asset to my family as well .It has proved that how much strong believe i have that it will be huge in the future for sure .Don't wanna make same mistake once again .As you said its a time to take advantages and buy few more for holding long term .

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Quote from: Odusko on February 27, 2022, 09:19:21 AM

On the contrary, Bitcoin will never replace fiat but will continue to provide an alternative role and a digital currency.

On the contrary, this is not only possible, it is happening. During the last few years Bitcoin has witnessed a major evolution and global adoption. The concept has become easier to understand and used for the general public in most parts of the world. Take El Salvador for example. Moreover, current events in Ukraine and Russia clearly demonstrate how cryptocurrencies are more advantageous than fiat money and the traditional banking system.

The technology behind Bitcoin has advanced and Bitcoin is not only used as a currency but also to store value and make investments.

Odusko

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1 Bitcoin will remain the same 1 Bitcoin even in the next 100 years coming, the value of Bitcoin may change its price can go up to $400,000 in the next couple of years but if you hold one bitcoin it will not change its value but it Fiat value may change. On the contrary, Bitcoin will never replace fiat but will continue to provide an alternative role and a digital currency.

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Quote from: StreakW on February 23, 2022, 09:22:49 AM

What formula do you use, if we have 1 BTC today then it becomes 40 thousand in the next 7-8 years. I think it's irrational. It is impossible for 1 BTC to become 40 thousand BTC in the future. If the price increases in the future it might sound reasonable if we have 1 BTC today at a price of $40k and a few years later the price rises to $100k we will make a huge profit. But I'm not sure if crypto will become a medium of exchange to replace fiat currency in the future.

Is he a mathematician or what? Because, he has his own formulae to calculate stuffs. A 40k usd/btc is just an example but reality is that btc can cross over that amount. Imagine how much btc will that be equivalent to but no I do not think you can now buy anything but for sure the prices of the items are also going to be adjusted and they can look a little more pricy than their usual price that we are seeing right now.

Bitcoin is already a medium of exchange and depending on the user, they can treat is as a fiat replacement if they wont use fiats anymore but I think in the future, the situation will be the same. Fiats and usd are still the measurement of everything including btc.

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Quote from: Oasisman on February 22, 2022, 05:22:18 AM

Quote from: Silberman on February 19, 2022, 02:24:59 PM

Besides even if in the future we could convert one BTC in a lambo should this be done? After all even luxury cars lose some of their value after they have been used while bitcoin goes up in value the longer you hold it, so it seems like a bad business decision to get rid of something like bitcoin for something that is just a frivolous purchase, now if you have a lot of money then you could afford it without spending all your bitcoin, but still I think there are other ways to spend our money and get more enjoyment out of it.

If you are so into investment and wants to maximize the profit in 7-10 years, those money you want to buy for luxury or to spend it for leisure, you can actually use that money to buy more fractions of Bitcoin regardless of the current price, that'll be worth way more than the current price in 7-10 years. That actually sounds like an early retirement plan right?
Lambo, mansion, and all other luxuries isn't important anyway, retiring early and enjoy life would be much more important.

That is exactly the way I think, while I can understand the appeal of a life full of luxuries like that, the problem is such a life is too expensive and very few can afford to live like that, however retiring early and enjoy a high enough standard of living can be achieved by working hard, investing in bitcoin and holding for a decade, that is my goal, and I am sure that if I keep holding my bitcoin in the future I am going to be able to get to that goal and have a very comfortable life ahead of me.

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Quote from: 325btc on February 06, 2022, 12:12:32 PM

In the future if you have one btc and it cost 40k.
Then it means in 7-10 years about you dont have one btc
But...you have 40k btc as in the future we dont count value by fiat currency the crypto will be the currency.
Those who got crypto will own everything.
It means with 40k btc you have purache power 40k x 40k=? A lot lambos a lot lands a lot mansions.

What formula do you use, if we have 1 BTC today then it becomes 40 thousand in the next 7-8 years. I think it's irrational. It is impossible for 1 BTC to become 40 thousand BTC in the future. If the price increases in the future it might sound reasonable if we have 1 BTC today at a price of $40k and a few years later the price rises to $100k we will make a huge profit. But I'm not sure if crypto will become a medium of exchange to replace fiat currency in the future.

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Quote from: Ararbermas on February 07, 2022, 11:10:14 AM

If you want a long term investment of course you can get massive income afterward. And no one knows how much percentage you can make from it because it depends on the growth rate of bitcoin in the future. Just use estimated price if you really want to know, infact there are some free calculators around the internet for traders how to compute profits at the significant price. Maybe it can help you.

I know when i started with investing with Bitcoin and i understand that my friend used big money to buy Bitcoin and used little as i have to buy Bitcoin and we forget about the coins for months and when bitcoin rise's the money my friend get is higher than my own, that is when i notice investing in bitcoin and any other coins you have to put plenty money, but people advice that some body should you his spell money for investment, but i agreed with them, but the profit of long term investment will be determine by the money you put

That's why people are competing to invest in bitcoin, in the long run this coin can provide an extraordinary value for the capital we spend, just imagine if 5 years ago we were able to buy 3 or 5 bitcoins, if calculated at the current price even quite a lot the profit we get, that's why people never hesitate to buy bitcoins instead of other coins, so take advantage of these conditions if we are able to do it.

don't just put Bitcoin alone because there are also many coins that even reached more than what bitcoin does in the last 5 years.

but it is always the best way to invest here , it is Bitcoin because this is the safest .

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Quote from: Hypnosis00 on February 19, 2022, 05:18:47 AM

Quote from: 325btc on February 06, 2022, 12:12:32 PM

In the future if you have one btc and it cost 40k.
Then it means in 7-10 years about you dont have one btc
But...you have 40k btc as in the future we dont count value by fiat currency the crypto will be the currency.
Those who got crypto will own everything.
It means with 40k btc you have purache power 40k x 40k=? A lot lambos a lot lands a lot mansions.

Forget about Lambo and mansions as 7-10 years from now you 1BTC isn't enough to have one of them unless you sold your BTC or unless if 1BTC is worth $500k. Well, that sounds impossible, right? I'll just be predicting it reach $200k if the demand will tend to improve as well as the adoption but if not, we can still see it below $100k.

i believe that in 7-10 years ? there will be more places where we can purchase mansion and lambo using our bitcoin so there is no need for selling instead directly buying using our coins.

and 10 years? bitcoin may reach a million dollars mate .

Quote

To imagine that 7-10 years from now Bitcoin has become a legal tender is gonna be possible but not all countries will adopt it. So, if you are in a country that accepts Bitcoin, then you're too lucky.

you dont know what will come mate, that is a long years to come, remember back then 10 years ago, bitcoin had been banned or being hate by the world but now look at it, and the value those days? compared to what it has now?

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Quote from: Silberman on February 19, 2022, 02:24:59 PM

Quote from: Hypnosis00 on February 19, 2022, 05:18:47 AM

Forget about Lambo and mansions as 7-10 years from now you 1BTC isn't enough to have one of them unless you sold your BTC or unless if 1BTC is worth $500k. Well, that sounds impossible, right? I'll just be predicting it reach $200k if the demand will tend to improve as well as the adoption but if not, we can still see it below $100k.

To imagine that 7-10 years from now Bitcoin has become a legal tender is gonna be possible but not all countries will adopt it. So, if you are in a country that accepts Bitcoin, then you're too lucky.

Besides even if in the future we could convert one BTC in a lambo should this be done? After all even luxury cars lose some of their value after they have been used while bitcoin goes up in value the longer you hold it, so it seems like a bad business decision to get rid of something like bitcoin for something that is just a frivolous purchase, now if you have a lot of money then you could afford it without spending all your bitcoin, but still I think there are other ways to spend our money and get more enjoyment out of it.

If you are so into investment and wants to maximize the profit in 7-10 years, those money you want to buy for luxury or to spend it for leisure, you can actually use that money to buy more fractions of Bitcoin regardless of the current price, that'll be worth way more than the current price in 7-10 years. That actually sounds like an early retirement plan right?
Lambo, mansion, and all other luxuries isn't important anyway, retiring early and enjoy life would be much more important.

Silberman

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Quote from: Hypnosis00 on February 19, 2022, 05:18:47 AM

Forget about Lambo and mansions as 7-10 years from now you 1BTC isn't enough to have one of them unless you sold your BTC or unless if 1BTC is worth $500k. Well, that sounds impossible, right? I'll just be predicting it reach $200k if the demand will tend to improve as well as the adoption but if not, we can still see it below $100k.

To imagine that 7-10 years from now Bitcoin has become a legal tender is gonna be possible but not all countries will adopt it. So, if you are in a country that accepts Bitcoin, then you're too lucky.

Besides even if in the future we could convert one BTC in a lambo should this be done? After all even luxury cars lose some of their value after they have been used while bitcoin goes up in value the longer you hold it, so it seems like a bad business decision to get rid of something like bitcoin for something that is just a frivolous purchase, now if you have a lot of money then you could afford it without spending all your bitcoin, but still I think there are other ways to spend our money and get more enjoyment out of it.

laredo7mm

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Quote from: 325btc on February 06, 2022, 12:12:32 PM

In the future if you have one btc and it cost 40k.
Then it means in 7-10 years about you dont have one btc
But...you have 40k btc as in the future we dont count value by fiat currency the crypto will be the currency.
Those who got crypto will own everything.
It means with 40k btc you have purache power 40k x 40k=? A lot lambos a lot lands a lot mansions.

To measure the value of something first we need to pick and standard to compare. If after 7-10 years value of BTC has increased against USD that means its purchasing power increases not the total amount. You will still have 1 BTC but you could buy a lot more stuff than you can today. If you understand how purchasing power parity works then you will understand what I am talking about. Free free to check out this article if you have time. Link

Hypnosis00

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Quote from: 325btc on February 06, 2022, 12:12:32 PM

In the future if you have one btc and it cost 40k.
Then it means in 7-10 years about you dont have one btc
But...you have 40k btc as in the future we dont count value by fiat currency the crypto will be the currency.
Those who got crypto will own everything.
It means with 40k btc you have purache power 40k x 40k=? A lot lambos a lot lands a lot mansions.

Forget about Lambo and mansions as 7-10 years from now you 1BTC isn't enough to have one of them unless you sold your BTC or unless if 1BTC is worth $500k. Well, that sounds impossible, right? I'll just be predicting it reach $200k if the demand will tend to improve as well as the adoption but if not, we can still see it below $100k.

To imagine that 7-10 years from now Bitcoin has become a legal tender is gonna be possible but not all countries will adopt it. So, if you are in a country that accepts Bitcoin, then you're too lucky.

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