Topic: May 7th, 2140 - page 2. (Read 316 times)
My 2140 price prediction: I predict 1 BTC will be worth 20 million dollars due to the fact I have no idea what I'm talking about.
I imagine 1 BTC might value then 50-100 Millions a coin, looking at the USD inflation rate.
Nah, I don't believe that bitcoin will ever reach that much. Maybe some millions, but this is a madness.It's not madness it's called inflation.
Nah, I don't believe that bitcoin will ever reach that much. Maybe some millions, but this is a madness.
main part of such a big rise is not about bitcoin itself rising up in value but it is all about dollar losing its value due to its inflation. consequently you have to pay more dollar to buy bitcoin similar to buying anything else with dollar.
I think 1 BTC will be worth 1 BTC in 2140, and USD will only be in history books and antique collections.
Last BTC will be mined on May 7th, 2140
Says who? Satoshi Nakamoto? No one knows when the last bitcoin will be mined. If we assume that bitcoin will be used just like today on the year 2140, then it is calculated that one month around that year the 34th halving will occur. No one, obviously know when exactly. I don't know how you assumed that it will be exactly on May 7th.I imagine 1 BTC might value then 50-100 Millions a coin, looking at the USD inflation rate.
Nah, I don't believe that bitcoin will ever reach that much. Maybe some millions, but this is a madness.You might say that's too far away, but 1M a coin is something you can see in your lifetime.
True. 
Keeping 1 whole bitcoin for your kin or your descendants for good measure is always good. Trading up your btc into fiat every now and then due to your needs is also not bad, considering that almost everything right now is still tied to fiat, and there’s little to almost no merchants that will accept bitcoin as a form of payment. They’d rather stick to fiat currencies for payments rather than try to dive into bitcoin this early without much protection on their favor.
For the next 100+ yrs, it’ll be very difficult to predict what will happen. Whether bitcoin is still existing, or the humans are not.
For the next 100+ yrs, it’ll be very difficult to predict what will happen. Whether bitcoin is still existing, or the humans are not.
Last BTC will be mined on May 7th, 2140
You think about Bitcoin 119 years from now, this is too much.There is no reason to know for the next 119 years, this is too far for you to talk, why don't you talk about Bitcoin now or the next 2-3 years.
I asked the fortune teller for the year 2140, everything will disappear, no Bitcoin and no more humans on this earth.
There is nothing to worry about anymore.
Last BTC will be mined on May 7th, 2140
What else reason do you need to know that BTC is the future?
What else reason do you need to know that BTC is the future?
What else?? A lot of ... fixed supply is not the only factor of grow. There are a lot of coins that are already 100% minted (like BNB that in fact is deflationary starting from first day).
I second your opinion! Limited supply and scarcity model is not the only driver of growth! Organic adoption and usability are also major players behind its growth in which we are currently lagging behind. Still we have a lot of countries where bitcoin is not legal or the legal status is confusing. These are bottlenecks towards organic growth which may (or may not) eventually sorted out in future.
Also 50-100 million sounds like bit too much bullish, at least to me!
You might say that's too far away, but 1M a coin is something you can see in your lifetime.
it IS too far away. 100 years ago monetary systems weren't even remotely like what they are today. heck 11 years ago things weren't like this (before bitcoin revolutionized it). in a 100 years from now things won't be like today either.
whether we are talking about the price then or the mining reward, it is impossible to predict both.
Last BTC will be mined on May 7th, 2140
What else reason do you need to know that BTC is the future?
What else reason do you need to know that BTC is the future?
What else?? A lot of ... fixed supply is not the only factor of grow. There are a lot of coins that are already 100% minted (like BNB that in fact is deflationary starting from first day).
All other coins are copycats. Without BTC none would have existed.
Last BTC will be mined on May 7th, 2140
What else reason do you need to know that BTC is the future?
What else reason do you need to know that BTC is the future?
What else?? A lot of ... fixed supply is not the only factor of grow. There are a lot of coins that are already 100% minted (like BNB that in fact is deflationary starting from first day).
Last BTC will be mined on May 7th, 2140
What else reason do you need to know that BTC is the future?
I imagine 1 BTC might value then 50-100 Millions a coin, looking at the USD inflation rate.
You might say that's too far away, but 1M a coin is something you can see in your lifetime.
With BTC you have to think think medium to long term.
Short-term thinking is your worst choice, don't have weak hands, you will regret later for cashing "pennies" now.
What else reason do you need to know that BTC is the future?
I imagine 1 BTC might value then 50-100 Millions a coin, looking at the USD inflation rate.
You might say that's too far away, but 1M a coin is something you can see in your lifetime.
With BTC you have to think think medium to long term.
Short-term thinking is your worst choice, don't have weak hands, you will regret later for cashing "pennies" now.
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