Op stated this topic last few years ago or in the year of 2013 and for sure if they bought bitcoin at 2013 and hold it until today they can earn a lot of profit because the price of bitcoin is very high compared to the previous price last few years. For me I dont think bitcoin price will reach 50k dollars even you wait more years because for me the highest price of butcoin is around 20k dollars or maybe 30 k dollars.
Thank you for your consideration and reply, Bitcoin potential is way more then my prediction, 50K is actually nothing and it will happen in very near future.
Sure thing. It is not impossible for bitcoin to reach 50k. But it requires much time and more demands. As a matter of fact, the demand is always growing, thus bitcoin always rises. There will be a time when I leave my job and stick to my friend "Bitcoin" because bitcoin is the future, bitcoin is the hero, bitcoin is life. Added to that, I believe that nothing is impossible. People should always be optimistic toward anything even if it has 1% of success.
If you see everyday we have Newbie's in our forum which shows new peoples interested in Bitcoin because only bitcoin interesting people will come to this forum, Most factor Supply and Demand which is already clear Bitcoin is not $ which government can print when they need or they feel we need it, Bitcoin has its limit that is another powerful point.
I am sure they can never be $50k per 1 bitcoin. It is unbelievable.
Maybe bitcoin surely be increase up $50k it is possible up. It depend the trader if its increase or not sure you understand and wait for that in the future price of bitcoin.
As well as it is unbelievable it is also possible for bitcoin to reach 50K and if ever that happened all of us will gain profit again. All of us wants bitcoin to get higher and higher so let us hope that many investors will be attracted and interested with bitcoin because they are not just the ones who will benefit from it but also us.
If ever bitcoin reaches 50K I will be able to buy something for my parents as a gift.
Lol!! It is almost impossible for bitcoin to reach 50k USD price mark. because to reach that level, the market cap of bitcoin will need to be higher than the GDP of all countries put together. That's not going to happen for bitcoin.
It may reach a trillion dollar for sure, but not 50K. You can expect bitcoin to reach 10k or even 15k. But 50k USD is an unrealistic expectation.
I have a target of 10K usd per bitcoin. If it reaches within 3-5 years, I will be happy to sell of majority of my holdings and pay off my mortgage and buy an expensive car.
I actually didn't get that
are you trying to say 1 Trillion market cap? your statements itself is confusing if you are saying market cap in trillion then per bitcoin price is already 50K and again you are saying it cant be 50K can you please elaborate, Thanks
And you said about GDP of all countries which in 2016 is 112 Trillion so if we compare with that then bitcoin price should be $5,333,333 so 50K will be much more less than all countries gdp. US alone has 19 Trillion which is 19 Times more than my predicted Bitcoin Capital