How MUCH will the FINAL BTC be WORTH? - page 16.

noictib

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Quote from: Rockstar Drummer on May 21, 2017, 03:30:37 PM

Asked before I'm sure.

What ya think?

All thing will depend upon the factor that how many people are using bitcoin in the last .
Since Thier is no end time of the Bitcoin but still at the last Bitcoin will be use like the gold ( maximum people of the world will use it , and price will no more fluctuate ) .
So here in the current time we can't calculate.
In my community about 3% of them are knowing Bitcoin but 0.5% are using it , so it may be possible that all the people in the future don't use Bitcoin and only 40-50% of the population use it for earning as well as payment purpose .
Here I think people will not use it much in the future , because if the charge involve in the fee of transaction , here we need to pay atleast +1$ , that is not fair .
So in the last I will not came at any conclusion of the price of the Bitcoin .

iram3130

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Quote from: fathur.aza on May 27, 2017, 11:25:09 PM

I did not expect that bitcoin would have a decent final because it would keep moving until the next year's waves.

How every currency's value is calculated!! It's the gold that country holding. As bitcoin is a decentralized currency the final value of Bitcoin will be the total value of gold the world is having. Wink

Even if it reaches $10000 or $20000 value per Bitcoin, it'll make allot of people millionaires.

fathur.aza

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I did not expect that bitcoin would have a decent final because it would keep moving until the next year's waves.

Wesimon

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I think nobody knows how the final worth of BTC will go. But what matters is the progress of BTC right now. It's a good sign that btc is almost reaching 2000$ this semester. So we won't be worried of the investments or savings of bitcoin we have right now. Bitcoin is very promising and I guess that final worth of BTC will be great!

Manfromjapan02

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Ive heard people say 1.5 million usd per btc and after that it will crash

Gumpfire

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Quote from: Rockstar Drummer on May 21, 2017, 03:30:37 PM

Asked before I'm sure.

What ya think?

It was asked before yet nothing answered it with certain facts as Bitcoin's price is immeasureable since it has no limit in ath. Therefore, price may multiply for the next years/months from the price we currently have.

khan149

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it's not possible to predict final btc to worth.

Blackdeath

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Quote from: Rockstar Drummer on May 21, 2017, 03:30:37 PM

Asked before I'm sure.

What ya think?

There is no certain point when bitcoin's price would/could stop as it's remaining supply is decreasing which means the deamand would be more than the supply which wouls certainly cause bitcoin to grwo its value. As there is no specific or maximum price of bitcoin, no one can stop increasing its rate and no one can predict when wouls bitocoin reach its ath in bitcoin's market.

shamzblueworld

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If there ever comes a time that there will be one final bitcoin, I think it will be worthless because then no one would be left to buy it or won't be interested in it. One bitcoin circling around the world, bitcoin would die before that happens I think.
But lets see, maybe we see that in our life time.

TrissMerigold

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theres is no ''FINAL PRICE'' i think bitcoin price always increasing because of the international market is skyrocketed right now ... korea for example..bitcoin is like the new financial currency with digital technology that cant be replaced with such other things

xhienigat

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We really can't tell how much bitcoin will be worth in the future because it really depends. Who would've thought bitcoin price would reach $2600 now right? All we could do is just speculate but we really can't predict how much it will be worth.

Capradina

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Quote from: virasog on May 23, 2017, 01:16:58 PM

Quote from: jekjekman on May 23, 2017, 07:32:35 AM

All I can say is that the final numbers of how many bitcoin can be produce is 21 million bitcoin, that is final. But the value of bitcoin is in infinity as you can see and project if you rely on the price hike that is happening right now. and if you think a million dollar per bitcoin will happen, maybe yes, maybe not. Only time can tell, maybe the 8 decimal satoshis will go 9 or 10, only god knows what will happen.

Bitcoin final number 21 Million and 8 decimal places Satoshis are final and will never change, unless the dev fundamentally change the whole algorithm of it. But no one can predict the final price. I think it will never be a final price from bitcoin and it will be increasing forever, no matter how high it will go. 21 million total bitcoin will not be sufficient for the whole world.

Actually if I see bitcoin is a digital currency that we are highly profitable in the future. For if we look at the overall amount of the bitcoin, then it can be ensured if the user bitcoin can be said to be growing or 2 x fold of the bitcoin overall. The price will automatically be very high, because the economic system embraced a bitcoin. Where each request a lot but a little inventory, the price will be higher. And that's the advantage I get this now

Silberman

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Quote from: Karpeles on May 21, 2017, 03:32:56 PM

Bitcoin doesn't have an expire date. Once mined, they live forever. Even if the private keys are not known, they still have a private key that could be used to "unlock" them.

There is no thing as FINAL BITCOIN

I think he is thinking in the last bitcoin that is going to be mined, since that is going to happen long after all of us are gone and if bitcoin still exists that far in the future the value of bitcoin at that time can only be two, almost nothing if something else that is even better was invented or two, fiat has stopped existing a long time a go and 1 Bitcoin is worth exactly 1 Bitcoin, since not a single fiat will have survived the influence of bitcoin.

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Quote from: mundang on May 22, 2017, 09:26:41 AM

1,000,000$ and thats final. That will be the final price of bitcoin when no one can afford to buy 1btc at that time. If they can still buy plenty of bitcoin it will always increase its price.

That seems like the right answer if I had to guess the price of it before Bitcoin crashes down to zero. A number below a million dollars is pretty small compared to the amount of coins there is within every Bitcoin Exchange.
Since there is only 21 million Bitcoins the people that hold Bitcoin will have a million dollars for each Bitcoin they own.
21 million millionaires or various multimillionaires due to the price of Bitcoin in the near future, who knows.

stripykitteh

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Quote from: BADecker on May 23, 2017, 09:27:22 PM

Quote from: stripykitteh on May 23, 2017, 05:57:41 PM

Quote from: jayohby on May 23, 2017, 05:51:34 PM

350k per coin. unless USA goes back to gold standard

I am not so sure that Bitcoin will finish within the 350k range in the USD Currency because the people that invest in Bitcoin will try to hold their coins more seriously compared to how they are holding it now. Bitcoin is just getting started within the Digital Currency payment method revolution so I am pretty sure that the coin will at least get to a price of a million dollars or more since the demand for it will be much larger than most currencies at that stage.

The more people hodl Bitcoin, the greater its value will become. Some of the hodlers will sell, causing the price to level off some.

As Bitcoin goes into practical use among people, it will become more valued. Its price will go up, and things will be bought and sold in satoshi's rather than bitcoins.

Cool

Yeah, if people try to hold onto their coins then the price would go up. It would be pretty interesting to see if there would be anyone trying to purchase Bitcoin when the price of BTC will gets large enough to only exchange in Sats instead of whole Bitcoin amounts.
There is just something that seems really unappealing when looking at only Satoshi’s instead of having any whole amounts of Bitcoin especially when there is not even 1 Bitcoin inside of a Bitcoin address.

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Quote from: bitcoinmasterlord on May 24, 2017, 01:57:08 PM

Quote from: bamboylee on May 24, 2017, 01:29:37 PM

Everything here are just speculation. No one can really tell how much bitcoin will be worth in the future. It can go very high or it can go zero. What is important right now is, development of bitcoin. If development and adoption stops, then it can lose its value. If it adopts well, it can go very very high in value.

Yes it depends on demand and supply in the market. If the demand stops then automatically the value of bitcoin will drop. Now people are addicted to this bitcoin, so demand is so high that is why the price is increasing. Suppose in future people will addict to some other altcoins then surely the BTC price drop.

Yep. And moving coins to exchanges is a bit hindered... Trend is up, why selling at all? Just to hit some 'top' thats taken out at the very next day? Nooooooo

bitcoinmasterlord

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Quote from: bamboylee on May 24, 2017, 01:29:37 PM

Everything here are just speculation. No one can really tell how much bitcoin will be worth in the future. It can go very high or it can go zero. What is important right now is, development of bitcoin. If development and adoption stops, then it can lose its value. If it adopts well, it can go very very high in value.

Yes it depends on demand and supply in the market. If the demand stops then automatically the value of bitcoin will drop. Now people are addicted to this bitcoin, so demand is so high that is why the price is increasing. Suppose in future people will addict to some other altcoins then surely the BTC price drop.

bamboylee

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Everything here are just speculation. No one can really tell how much bitcoin will be worth in the future. It can go very high or it can go zero. What is important right now is, development of bitcoin. If development and adoption stops, then it can lose its value. If it adopts well, it can go very very high in value.

GuppyMan

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It is difficult to answer this question, because bitcoin is a virtual currency and is based only on user activity. Of course you want a fantastic price to be able to fly to the moon.

Dudeperfect

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I am weak at maths but if you are asking about the price of bitcoin when each and everyone on the earth (7B) would have some part of it then the price would be in at least 10 to 15 figures at that moment but I wouldn't call it a FINAL price because no one will have the same number of coins in their hand and thus the average price would keep fluctuating as per law of demand and supply.

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