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Topic: Maximum price that BTC can reach realistically (Read 573 times)

member
Activity: 224
Merit: 10
According to the Elliot curve, an analysis technique used by many for the sake of predicting the future price of a cryptocurrency, it is possible and likely that there will be a lot of corrections or downturns in the valuation of bitcoin but the overall price is set up to be high maybe even a trillion USD market Cap.
member
Activity: 189
Merit: 10
I think that it will be almost impossible to reach more than $20000 just like many people said before, because there are not so many ways to make it happen
newbie
Activity: 238
Merit: 0
The bitcoin price has increased from a few cents valuation in 2009 to a current day value of close to 6500 USD and now has a market capitalization of nearly 150 billion dollars, experts indicate that this trend will last until the bitcoin market reaches a total valuation of 500 billion us dollars.
member
Activity: 280
Merit: 10
Btc market is not controllable in both the situations when it go to the moon and when it go to the dark, I think the next moon on Btc will happen soon and hope Bitcoin can reach $30000 realistically
newbie
Activity: 70
Merit: 0
Interesting to see everyone's opinions with this. Great thread.
member
Activity: 70
Merit: 10
I think there is a moderate/high probability its a quadrillion dollars or more.  Here is the scenario: fiat starts hyperinflating sometime in the future (perhaps decades from now) but its almost a certainty that purchasing power of dollar and fiat will go down significantly in the long term; meanwhile bitcoin has survived and thrived, retaining top position or venerable position or both among cryptocurrencies.  People thus dearly buy bitcoin to safeguard their wealth as government starts printing Zimbabwe style dollar bills.
legendary
Activity: 1442
Merit: 1025
my readings summarize the highest possible BTC might be about $ 50k that is just a prediction of co-founders that investors may also depend on carrying on those managing this bitcoin arrangement.
If we really want to be realistic, no one can really know but one thing for sure is that we will keep having an increase in a way most of the time and if we are really to look at it in a year in year out way, the price will keep increasing and forming a higher high and low as the case may be on a yearly time frame which would even get better with mainstream adoption, so that makes it hard to realistically be assuming a price and as long as you are assuming, there is nothing realistic about it.

It all depends on how many people will accept it as a currency. The more people accept it higher the price will be.
Almost all the people around the world would definitely accept bitcoin as payment system or at least as a store of value because bitcoin has all the capabilities to fulfill all their needs. It means bitcoin may reach billion dollars too in next two or three decades.
sr. member
Activity: 1491
Merit: 320
🐪
It all depends on how many people will accept it as a currency. The more people accept it higher the price will be.
full member
Activity: 448
Merit: 100
Lets Go Adab
Hi all, this is something that I have had numerous conversations about and one that not many can agree on. I am fascinated to hear your opinions on...

  • How high can the value of BTC reach at its peak? (and maybe a quick summary why)
  • When is that likely to happen in your honest opinion?

I respect everyone's opinion as i am sure it will differ drastically.


There is no maximum price for cryptocurrency because as long as people are interested on investing a huge amount then the demand will keep on increasing which will make the price of cryptocurrency to grow even more and no one will be able to invest a huge amount since it was very expensive.
hero member
Activity: 1148
Merit: 527
It largely depends on the current economy. The more the economy messes up, the more incentive there is for capital to be parked in Bitcoin. In other words, the downfall of the global system is Bitcoin's gain.

It's pointless to throw around with numbers as to what the price will be. If there weren't any problems in the world, banks were fair, governments were fair, Bitcoin would be close to worthless or never even invented.

It will likely follow gold's patterns in the very long term. If gold's market cap remains $8 trillion, then it means Bitcoin needs to be worth $380,000 to have a similar market cap. It's not entirely impossible to be honest.

Bitcoin is more versatile than gold in almost every way. More versatility means more uses and more uses means more utility value.
Over time, I believe bitcoin would get to be more of a digital gold in which most investors, from small to institutional investors will see the space as a store of value and that would sure keep increasing the inflow of money into the ecosystem. I believe no one can say about the maximum value for bitcoins as it may take another hundred years to realize that.

However, based on the OP question, there is no way anyone can be realistic and then giving the max price bitcoin will reach because any realistic person will know it is impossible to know since there would always be a chance for it to keep growing based on how people perceive it, even if it reaches $1m.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
I will say that any price is possible, it's defined by market and supply and demand ratio. Whatever the price are users willing to pay the Bitcoin will have. But that is theory and in practice things are functioning different.
For this year I'm not so.optimistic and I think that 10000$ or 15000$ would be the max price Bitcoin can reache.
For the future, who knows, everything is possible.
full member
Activity: 378
Merit: 101
Don't believe those people that it will reach $500k to $1M by 2020 before we can even hit 30k this year the volatility, news and FUD's will affect its price, it needs to hit again the 20k former ATH before the new target of 30k but that would always depend on the current good news and trend of the big market, realistic for this month price speculation is 10k.
newbie
Activity: 112
Merit: 0
I think it reach 30k at the end of this year  Grin Grin Grin
hero member
Activity: 1834
Merit: 523
According to my point of view and my past Experience, I think bitcoin price will go to the moon again and when it will go then it will be more than $2500 and all other market will also effected on it,


I don't want to see the price of the bitcoin become $2500 because maybe if they down at that price they will continue to dump until they become die. So better if the price more than 50,000 dollars after few months. We want the price become very high not like that price $2500 but in the future $2500 will happen but not this year.
newbie
Activity: 336
Merit: 0
Nowadays btc price is ageing increasing based on this few days ago all of the coins get infected also price go down based on this June the price of btc increased and it may reach after few years later near 21k or near so this coin have great future and profit.
legendary
Activity: 1526
Merit: 1179
It largely depends on the current economy. The more the economy messes up, the more incentive there is for capital to be parked in Bitcoin. In other words, the downfall of the global system is Bitcoin's gain.

It's pointless to throw around with numbers as to what the price will be. If there weren't any problems in the world, banks were fair, governments were fair, Bitcoin would be close to worthless or never even invented.

It will likely follow gold's patterns in the very long term. If gold's market cap remains $8 trillion, then it means Bitcoin needs to be worth $380,000 to have a similar market cap. It's not entirely impossible to be honest.

Bitcoin is more versatile than gold in almost every way. More versatility means more uses and more uses means more utility value.
member
Activity: 280
Merit: 10
According to my point of view and my past Experience, I think bitcoin price will go to the moon again and when it will go then it will be more than $2500 and all other market will also effected on it,

sr. member
Activity: 434
Merit: 252
Hi all, this is something that I have had numerous conversations about and one that not many can agree on. I am fascinated to hear your opinions on...

  • How high can the value of BTC reach at its peak? (and maybe a quick summary why)
  • When is that likely to happen in your honest opinion?

I respect everyone's opinion as i am sure it will differ drastically.


The highest price of bitcoins that i see is $18k dollars and that has happen last year december, this year is expected for bitcoins to reach $30k dollars and it might really happen because there are other countries as well today that has been legalized in order for them to invest on bitcoins.
In the bitcoin market can be all but I do not believe in such a development. I think you're very optimistic. If bitcoin reaches this year's price of 15-18K dollars it will be a very good result. The more people will believe that the price of bitcoin will grow the faster it will happen. Now I see stability in the market and this is a positive result.
full member
Activity: 420
Merit: 100
Hi all, this is something that I have had numerous conversations about and one that not many can agree on. I am fascinated to hear your opinions on...

  • How high can the value of BTC reach at its peak? (and maybe a quick summary why)
  • When is that likely to happen in your honest opinion?

I respect everyone's opinion as i am sure it will differ drastically.


The highest price of bitcoins that i see is $18k dollars and that has happen last year december, this year is expected for bitcoins to reach $30k dollars and it might really happen because there are other countries as well today that has been legalized in order for them to invest on bitcoins.
sr. member
Activity: 924
Merit: 260
I believe that before 2030 bitcoin will get to $500,000! Forget about the current FUD that is been making around and you should no that government is going to adopt this cryptocurrencies system in future because that is how they were against internet but now all of them have adopted it. I set the limit bitcoin can go to $1,000,000 however it can go above that as no one can really said were it will be accurately.
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