I am sure they can never be $50k per 1 bitcoin. It is unbelievable.
Maybe it is possible to reach bitcoin in $50K, though he needs to exercise and eat healthy foods for him to witness the bitcoin reach $50K LOL. On the other side, bitcoin would be really impossible to reach that amount of price per bitcoin, $50K is really unreachable. I think the chance of bitcoin on going that high is 0.000001 percent. I'm not being pessimistic about this, but it is really hard to happen.
Hard to happen but, the possibility of aiming to happen this $50k per bitcoin is there even the chance is less than 1, but then let us ask how old is the OP at the moment to wait until the $50k will be reach. As long as the volume of the user of bitcoin is increasing for sure reaching this unbelievable value is possible.
Why stop at $50k only? There some people are already claiming bitcoin price will be at 1 million or more than that. You could find list of these claims and their logic at :
https://www.youtube.com/results?search_query=bitcoin+millionThere is fine line between thinking and wishful thinking. A point to understand here in Bitcoin pricing is, lot of 'if and then' are involved in reaching bitcoin to a million $ mark. Reasons like:
- If all business around the world starts accepting bitcoin then prices will sky rocket.
- If More n more people starts using bitcoin then bitcoin price will sky rocket
- If more n more demand for bitcoin is observed then if few years first point be applied and bitcoin be hit.
- If sky fell on earth then also bitcoin prices will touch the sky
- and what not
Without being pessimistic, is todays bitcoin market or adaption fairly distributed around the world? or is it centered around some part of world? How governments and big Banks are going to react when things get serious for them? What would be the impact if any new improved currency gets traction and keeps its momentum?
These are some point which may or may apply equally. These are my two cents on bitcoin prices touching moon or the Sun or moon from next Galaxy.