Far future speculation is always more of a gambling than estimation based on knowledge.
No one will be able to predict price of bitcoin in a hundred years. Even Satoshi had no idea what will be bitcoin's future.
We have no idea if bitcoin network will survive next 10 years or so. Plus, we can't compare Bitcoin to fiat when inflation is in play.
Bear in mind: $100 in the year 1969 is worth $645 in 2015.
Topic: Future Of Bitcoin - page 2. (Read 2235 times)
i am watching bitcoin since 5 Years. so, know according to Markets i hope in Future ( Around 100 Year's) 1 Satoshi equal to 1 USD Dollar and 1 bitcoin equal to 10 Million USD Dollars. What you think about it i am not sure but i need Best Suggestion's.
Honestly this is extreme but if this thing happen then good for those who save Bitcoin for their grandchild. In reality, I am only thinking Bitcoin getting around $5k to $10k life long price. If you look at the price history, bitcoin is almost a decade year old but still the price could not even break $1500.
You have to understand that inflation eat up the value of fiat currencies, so in 100 years you will not even be able to buy 1 sweet with $1 due
to the depreciation of the dollar. It would be better if we reach that within the next 5 years for that statement to mean anything.
...Well, a lot
may happen in 5 years too.... look at the Zimbabwean dollar.
to the depreciation of the dollar. It would be better if we reach that within the next 5 years for that statement to mean anything.
...Well, a lotmay happen in 5 years too.... look at the Zimbabwean dollar.
Well, I think it's really good speculation. bitcoin, ever not have a price, and this time, the price of bitcoin becomes very high. I also believe, the future price of bitcoin will be very high, and it might just as you predicted. but for now, the price of bitcoin really stable at $ 1000 price
yes i agree with your thought but if we store 1 btc for our coming generation around 1000 year's letter that is very usefull for them 
Well, I think it's really good speculation. bitcoin, ever not have a price, and this time, the price of bitcoin becomes very high. I also believe, the future price of bitcoin will be very high, and it might just as you predicted. but for now, the price of bitcoin really stable at $ 1000 price
It's impossible to say with 100% sure the prices will be like you said. And I think it's a bit exaggerated, 1 satoshi probably could cost 1 cent of dollar on long term, in many years, decades or even one century. Bitcoin was projected to have many decimal houses to worth on long term, which few satoshis can cost cents of dollar or few dollars.
I really don't think we'll ever reach that point. Something incredibly drastic would have to change in global markets, a change that might be pretty damn ugly.
with those figures bitcoin would be at bigger marketcap than gold, because 21M x 10M is 200T, and this number is greater than the whole worlds fiat market, this make this dream impossible, the most legit estimate about bitcoin value in the future is at best 100k, at least math say so but everything could happen i think
I really don't think we'll ever reach that point. Something incredibly drastic would have to change in global markets, a change that might be pretty damn ugly.
With such a high value, the number of transaction per second will need to follow up... but we are still stuck at non-segwit 1MB block. Only when we all solve the current stalemate, the value will break the $1000+- psychological barrier...
the block size will only affect adoption of bitcoin as a currency, and although it may also affect price but it can not stop it. price will go up because people treat bitcoin as an investment anyways.
and besides the block size will be fixed one way or another, the miners can not ignore the problem forever and continue like this.
I believe in bitcoin, in a century (approximately 100 years later) our grandchildrens should find out about it instead of most of us that will going to die. 1 Satoshi equal to 1 US dollar is possible though, as now just 8 years since bitcoin was invented but the price has reach $1000/BTC1. Nothing is impossible for bitcoin in 100 years but no one could predict it right.
Well we do not know what will be happen in the future and i think 1 satoshi can be possible i the future but it takes long time or i think we will be die first before we can experience the price 1 sat to 1 usd..
With such a high value, the number of transaction per second will need to follow up... but we are still stuck at non-segwit 1MB block. Only when we all solve the current stalemate, the value will break the $1000+- psychological barrier...
For the moment nothing is unrealistic, anything can happen depends on the willingness and ability of market players and also the joint owner of Bitcoin to support all of it will happen.
All the instruments, supporters and others will increasingly affect and potentially it could be realized and achieved, so I guess anything can happen, for when, only time will tell later.
All the instruments, supporters and others will increasingly affect and potentially it could be realized and achieved, so I guess anything can happen, for when, only time will tell later.
i am watching bitcoin since 5 Years. so, know according to Markets i hope in Future ( Around 100 Year's) 1 Satoshi equal to 1 USD Dollar and 1 bitcoin equal to 10 Million USD Dollars. What you think about it i am not sure but i need Best Suggestion's.
I think this is definitely possible... the question is, how much will each dollar worth at that time? If we can buy one loaf of bread with $1 now, perhaps we will need $1000 or $10,000 for a loaf then...
Maybe we should measure value using the price of bread, which is more closely related to our daily needs...
I am sure that bitcoin will rise in the near future but I don't think it will rise that high ..
That amount is insane and I doubt bitcoin will ever be that worth
That amount is insane and I doubt bitcoin will ever be that worth
I think politics and the need for decentralized currency will largely determine if bitcoin will remain stable or skyrocket. I also think smartphone availability in less developed countries will help the value of bitcoin.
I am sure that bitcoin will rise in the near future but I don't think it will rise that high ..
That amount is insane and I doubt bitcoin will ever be that worth
That amount is insane and I doubt bitcoin will ever be that worth
patient all need process just enjoy the process, then you can feel if bitcoin costs always go up every year of her journey follow the flow of bitcoin
i dont see it too unrealistic, assuming bitcoin community solve a few problems(like hours of queue to see a confirmation) and it will be needed a lot of time to see such a price, me and you will probably never see that.
another problem would be the price of the transaction... if one satoshi = 1 dolar, miners would be asking for what? 10k dollars to mine a block(10k satoshis)? why would someone use bitcoin in that case?
another problem would be the price of the transaction... if one satoshi = 1 dolar, miners would be asking for what? 10k dollars to mine a block(10k satoshis)? why would someone use bitcoin in that case?
I don't think so that we could able to reach this pricepoint and also its too unrealistic prediction of the price because seeing on the price movement of bitcoin we can't reach that price no matter what but we'll nothings impossible though.
yes it like good sounds but i mention not in some year it could be happen after alot of years
I don't think so that we could able to reach this pricepoint and also its too unrealistic prediction of the price because seeing on the price movement of bitcoin we can't reach that price no matter what but we'll nothings impossible though.
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