market cap of bitcoin in 2050 | Bitcointalksearch.org

RustyNoman

full member

Activity: 189

Merit: 100

Quote from: 1Referee on February 26, 2016, 04:05:29 AM

Quote from: RustyNoman on February 26, 2016, 03:07:46 AM

If the bitcoin market cap is 10% of the gold market cap, or $730 billion the price will be $35,000 each.

This will only be possible if the price reaches an insane all time high. We need all kind of institutional investors to use Bitcoin as store of wealth, etc. I am already happy if we manage to see Bitcoin have 1% of the total market cap of Gold within 5-10 years.

1% of gold value or $3,500 each should be quite easy to reach in about 5 to 10 years. That depends on the usage.

1Referee

legendary

Activity: 2170

Merit: 1427

Quote from: RustyNoman on February 26, 2016, 03:07:46 AM

If the bitcoin market cap is 10% of the gold market cap, or $730 billion the price will be $35,000 each.

This will only be possible if the price reaches an insane all time high. We need all kind of institutional investors to use Bitcoin as store of wealth, etc. I am already happy if we manage to see Bitcoin have 1% of the total market cap of Gold within 5-10 years.

RustyNoman

full member

Activity: 189

Merit: 100

If the bitcoin market cap is 10% of the gold market cap, or $730 billion the price will be $35,000 each.

Khazeter

newbie

Activity: 28

Merit: 0

2050 is 34 years away from now. If the bitcoin price double every two years, it is be 2^17 of present value, The price will be 40-0*130,000 = 52 million dollar each.

Altynbekova

sr. member

Activity: 476

Merit: 250

Quote from: RustyNoman on February 12, 2016, 05:49:54 AM

Quote from: DrLove2048 on February 11, 2016, 09:41:34 PM

It will either be 0 or an insanely high number (think trillions)

It's the only way it can be really

If Bitcoin survives until then, it must be very well known and widely adopted. It will be the world reserve currency. So the price will be high.

Honestly I hope it will survive, but I don't think so. The model can't be sustained for this long of a period. Either their will be a new age crypto coin.
Or some other new innovative thing. Or the World will be not more...

RustyNoman

full member

Activity: 189

Merit: 100

Quote from: DrLove2048 on February 11, 2016, 09:41:34 PM

It will either be 0 or an insanely high number (think trillions)

It's the only way it can be really

If Bitcoin survives until then, it must be very well known and widely adopted. It will be the world reserve currency. So the price will be high.

DrLove2048

member

Activity: 84

Merit: 10

It will either be 0 or an insanely high number (think trillions)

It's the only way it can be really

mirana12345

hero member

Activity: 630

Merit: 500

PM me to buy traffic for your site!

By that year, USD will lose so much in value due to inflation, that with the current progress alone that bitcoin is making, it would be valued higher than
you could ever imagine. That is, if they don't find a way til then to divide us as community before. By 2050, talking about million dollar per coin is quite possible.

crairezx20

legendary

Activity: 1638

Merit: 1046

In 2050 the price of the bitcoin will be rise above 10k value of the bitcoin and then hash power i think with new powerful asic miner made by ant miner i think the minimum hash is next to tera hash... and i think difficulty more high.

gkv9

legendary

Activity: 1246

Merit: 1000

!!! RiSe aBovE ThE StoRm !!!

The most important thing we should consider here must be: Will BTC be used in 2050???
Will it be stretched till that year???
If yes, then I guess the cap cannot be imagined as it will take over all the currencies IMHO...

valta4065

hero member

Activity: 826

Merit: 500

Join @Bountycloud for the best bounties!

Quote from: DOGE12321 on February 10, 2016, 06:15:37 PM

Hey guys. What would be a reasonable market-cap for bitcoin in 2050? At the moment, the market cap is about 6 billion US dollars. what do you think?

2050? Dude it's just too far away!

In 2050 the USD might no longer exist after a crash of the USA! In 2050 it will be maybe something else and maybe btc will have disappeared!

It's just too far ^^

jamalaezaz

copper member

Activity: 1876

Merit: 533

I can't imagine about 2050. It to far away.. we should think about our present..

RustyNoman

full member

Activity: 189

Merit: 100

Quote from: 7788bitcoin on February 10, 2016, 06:35:40 PM

My guess is either $0 or $10 trillions- very likely to be wrong...

That could be right. If the bitcoin does not die at that time. It will be very big. It is in every part of human life.

1Referee

legendary

Activity: 2170

Merit: 1427

Quote from: DOGE12321 on February 10, 2016, 07:29:10 PM

Quote from: 1Referee on February 10, 2016, 06:28:32 PM

You are asking us something that really no one knows. But if I have to make a guess about the comming 10 years then my rough guess will be around $60 billion, which is around 10x higher than the current market cap.

i think that 60 billion is still a little too high. I would stick with around 40 billion as the marketcap in 2050. Otherwise, it is also possible that bitcoin could come to a sad ending. you never know.

Everything is possible, yes. But I surely believe Bitcoin will be one of the main investment tools alongside stocks and precious metals. If that turns out to be reality, then prepare for at least $100 billion as market cap. My $60 billion guess is just when things go as they are now with from time to time some good news and decent innovations.

Amph

legendary

Activity: 3248

Merit: 1070

dunno, but all i know is that the market cap of bitcoin need to be x10 higher by 2028, for the less reward that the miners will get, by 2050 it can remain the same or skyrocket to 10k, then the miners will not need anymore value out of bitcoin to sustain the network

so everythign else is just pure demand dreaming

painedprism

newbie

Activity: 9

Merit: 0

Quote from: 7788bitcoin on February 10, 2016, 06:35:40 PM

My guess is either $0 or $10 trillions- very likely to be wrong...

very very likely to be wrong. its impossible to have a market cap of 10 trillion. However, 0$ is kinda reasonable. Who knows. Bitcoin may be out of existence by 2050.

biggus dickus

sr. member

Activity: 310

Merit: 250

Quote from: gentlemand on February 10, 2016, 06:54:59 PM

Five naked women of breeding age, one bale of toilet paper, two cases of shotgun shells, four doses of antibiotics. And that's pretty generous for some pure nostalgia.

My guess is one big sack of soylent green, but it depends on whether we get an apocalypse or start farming people for food. If neither of those events happen then if Bitcoin isn't adapted to resist quantum computer attacks someone will hack it and crash the price to zero.

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

Quote from: DOGE12321 on February 10, 2016, 07:34:20 PM

So what you are suggesting is that for each coin, it would be worth more than US$55555. i high doubt that is possible. like i suggested before, i think it would be about 40 billion as a market cap.

An eight or so fold increase in three and a half decades for a potentially world changing financial system? You need to let your imagination off its leash for a little run.

alani123

legendary

Activity: 2422

Merit: 1451

Leading Crypto Sports Betting & Casino Platform

There's no way to know even by an estimate. Bitcoin could have become or unused obsolete by that time. If it's still alive would it still be traded for FIAT? Some speculate that as the bitcoin economy matures, at some point there won't be need to calculate the price with a dollar medium. But I'd find that unlikely to happen, given that up to this point bitcoin has only received actual usage while it had significant monetary value calculated with a fiat medium.

DOGE12321

sr. member

Activity: 378

Merit: 250

Quote from: fuathan on February 10, 2016, 07:30:18 PM

Exponential rules!.. Maybe more than 1 trillion dollar!..

So what you are suggesting is that for each coin, it would be worth more than US$55555. i high doubt that is possible. like i suggested before, i think it would be about 40 billion as a market cap.

Topic: market cap of bitcoin in 2050 (Read 1718 times)