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Topic: Is Bitcoin realistically likely to rise to $42,000? (Read 1392 times)

legendary
Activity: 2268
Merit: 1278
That would be around 10% of all known physical currency in circulation.
So less than 1% of the actual money in the economy.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
I read an article somewhere that claimed the founders of bitcoin estimate the price will, at some point, reach $42,000. Could this be possible in the foreseeable future/is there a limit to how much it can be worth?

Not founders but Winklewoss brothers, big investors.

Anyway, saying such a precise numbers is just retarded. It might go to 500, 5000, 50000 but to use 42k is just plain marketing bullshit.
sr. member
Activity: 434
Merit: 250
take all of these numbers with a grain of salt. there are a lot of people that know more about me in finances (almost infinitely), but even those people have no idea... because they have nothing to base bitcoin on. no currency or commodity ever seen in the history of mankind has enough similar qualities to bitcoin.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
That would be around 10% of all known physical currency in circulation.
sr. member
Activity: 308
Merit: 250
Yes, now because you asked, I will share the secret: bitcoin will rise to 42,000. It's actually 42,802, a number which is hardcoded cryptographyally in the first blocks ever mined. The message satoshi left.



Thank you for revealing the secret! Speculation awaaaaaaaaaaaaay!
hero member
Activity: 634
Merit: 500
I read an article somewhere that claimed the founders of bitcoin estimate the price will, at some point, reach $42,000. Could this be possible in the foreseeable future/is there a limit to how much it can be worth?

I have read some quotes of Satoshi discussing the valuation with another guy though I can remember his name.

In the discussion Satoshi acknowledged that if Bitcoin caught on, each Bitcoin would be worth millions. He never claimed that it would though.
hero member
Activity: 686
Merit: 500
$420k would be a nice number. that seems a better target.
hero member
Activity: 602
Merit: 500
Nope,
legendary
Activity: 1064
Merit: 1001
Yes, now because you asked, I will share the secret: bitcoin will rise to 42,000. It's actually 42,802, a number which is hardcoded cryptographyally in the first blocks ever mined. The message satoshi left.

newbie
Activity: 56
Merit: 0
the "founders" of bitcoin?  Since when have they ever said that .. I don't believe it
To be honest, the article seemed rather sketchy. Let me see if I can't find it...
sr. member
Activity: 392
Merit: 250
the "founders" of bitcoin?  Since when have they ever said that .. I don't believe it
newbie
Activity: 56
Merit: 0
I read an article somewhere that claimed the founders of bitcoin estimate the price will, at some point, reach $42,000. Could this be possible in the foreseeable future/is there a limit to how much it can be worth?
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