So when do you think we'll reach 50k then? Will this happen in the nearest 20 years? I think it's possible only if Bitcoin will be getting much more attention than it is getting now. Most people still have no desire to learn about cryptos, thinking it's something they can live without. But they are wrong because now it's clear that there's no future without cryptos, they are so much better than fiat for payments.
There are so many different answer, to find one you like properly you need to read whole post and replies, I can only tell you when I actually think to write this "I will not Die Until Bitcoin will reach at Least 50K" was since
BTC was just growing up from $14 but I posted my post when
BTC reached $1000 If you go back to past posts there are few friends replied that
BTC won't even touch $2000 in 5 years, Some post is been deleted by friends who predicted to go down to $600 or less, so journey of $14 to $3000 is already done and yet few are in crypto and few accepting crypto and few country legalizing Bitcoin and some other crypto, Imagine that day when atleast 33% of population know and start using bitcoin don't even think of 100% just 33% of population and 25% of companies starting accepting
BTCYes, you opened a very interesting thread and I read through it with pleasure. Unbelievable but true - over 80% of the population still have no idea. I absolutely agree with you, if 33% of the population were using Bitcoin we'd have the demand we all would be happy with. Right now I think that less than 1% of the world population are using Bitcoin. If this number was raised 33 times we'd have that 50k, I'm sure.
Yes. there is still a big account of population not learning about bitcoin. We even don't know the exact figure how much people are into bitcoin right now. It will take a lot of years down the road to really see how bitcoin can be mass adopted. It will take a lot of effort just to see bitcoin user to go around 20%. We still have a backing of one superpower, which is Japan. It other 1st world country will also embraced bitcoin as what Japan did they surely it will have a positive impact on the price. Regarding $50k price, hmmm its not realistic but who knows, bitcoin has surprises as us, so I wouldn't be if we touch then price in the future.
Bitcoin is really still UNKNOWN and mainly UNUSED. We cannot calculate how many know about bitcoin, but atm there are 18.6 million addresses containing at least 1 satoshi. Despite most of us have many addresses with balance, we assume there are unique people.
About half of the world population people have used a computer, so from 3.6 billion people, 0.0051% have a bitcoin balance.
That is a very small number anyway we take it. To rise to 1% we need a 197 times increase in people owning bitcoin. I believe we are just scratching the surface.
Buried in this forum, trading and following bitcoin media gives us the wrong impression, that bitcoin is mainstream, I think we are very very far away from it.
From my large group of friends, I'm the only person owning bitcoin and most of them have university degree, access to information, good jobs, nice cars, but still not using bitcoin.
bitcoin addresses
https://bitinfocharts.com/top-100-richest-bitcoin-addresses.htmlcomputer users
http://www.worldometers.info/