Roger Ver interview with a prediction: Up to 250K/BTC. - page 2.

megadeth

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Quote from: 1Referee on October 25, 2015, 08:12:03 PM

R. Ver will sell most of his coins surely once Bitcoin is reaching the $5000-$10000 levels, and enjoy the rest of his life in Japan or wherever he plans to go to. Bitcoin at $250K is pure madness.

Roger Ver is ultra rich already.
He'll intelligently divest as and when Bitcoin hits landmark figures.
If Bitcoin does take off it will make some early adopters billionaires.

gentlemand

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Welt Am Draht

I'd be surprised if Mr Ver ever wanted dirty dollarinis again considering how tireless he's been in pushing BTC forward. Also at that level the need to cash out for anything other than taxes would pretty much be gone.

1Referee

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R. Ver will sell most of his coins surely once Bitcoin is reaching the $5000-$10000 levels, and enjoy the rest of his life in Japan or wherever he plans to go to. Bitcoin at $250K is pure madness.

Biodom

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Quote from: gentlemand on October 25, 2015, 04:35:28 PM

So that would give Mr Ver the equivalent of $75 billion in buying power. I think the rest of the world may question the distribution issue a bit before it reached that stage.

It probably won't because M Ver will divest long beforehand.
Besides, does the world care that some mexican guy has 77 bil currently? Not in the slightest.
Risto had a good divestiture plan: basically selling 10% at each doubling above your average buy price.

Meuh6879

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Quote from: nachoig on October 25, 2015, 04:51:37 PM

And 5 trillion USD market cap?

real economy don't use this market cap.
bitcoin is real economy.

ajareselde

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Satoshi is rolling in his grave. #bitcoin

Fact of the matter is that he is a bitcoin investor, and i wouldn't call his claims or expectations entirely honest, but if we are talking about bitcoin's price in
years - then by all means it should be correct. I'm even expecting five digit prices before 2020. The important thing here is to look at the big picture, not month-to-month oscillations (unless you're a short term trader)

nachoig

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And 5 trillion USD market cap?

When people will care about the current issues of Bitcoin, go to a more realistic prevision on short term and stop to speculate in an unrealistic way for the short / mid-term?

No, Roger Ver, saying this won't do a lot of people buy Bitcoin just to see your prevision turns real. More one of the buy-bitcoin-and-help-the-price series...

NorrisK

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Quote from: gentlemand on October 25, 2015, 04:35:28 PM

So that would give Mr Ver the equivalent of $75 billion in buying power. I think the rest of the world may question the distribution issue a bit before it reached that stage.

I guess he will have sold of a big party by then.. It is always wise to distribute your assets, so being 100% in bitcoin is not smart, even when you beleive it will go even higher. Slowly selling of piece by piece on the way up is the safest way to play it.

And it isn't much different from people who monopolized telecomunication or acquired a lot of land when it was still up for grabs.

gentlemand

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So that would give Mr Ver the equivalent of $75 billion in buying power. I think the rest of the world may question the distribution issue a bit before it reached that stage.

alexeft

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Meanwhile, we were scared off $300 Roll Eyes

Mickeyb

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Move On !!!!!!

The OP's comparing with Uber really got me thinking! I mean we are tiny ecosystem and the possibility for growth really is insane when you think about it!

I guess everything is possible!

LFC_Bitcoin

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Quote from: Wekkel on October 25, 2015, 12:58:09 PM

$250k and $1 are both more realistic than, let's say, $10k.

Hey I'm not going to be greedy, that will do me Wink

Denker

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I don't know what the price will be if Bitcoin really takes off and reaches mass adoption.
But it will be a huge price.From 5 digits to 6 digits, if Bitcoin succeeds, everything is possible in my opinion.But it won't happen over night.It will take several years.

Fatov

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i prefer 50k in 5 years, 250k only will possible in 50 years

Amph

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Quote from: Wekkel on October 25, 2015, 12:58:09 PM

$250k and $1 are both more realistic than, let's say, $10k.

10k is possible as a middle short term price, while we wait 250k, unless you think we may skyrocket directly to 250k

randy8777

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Quote from: Wekkel on October 25, 2015, 12:58:09 PM

$250k and $1 are both more realistic than, let's say, $10k.

because it will either succeed or fail? best is to focus on realistic targets such as $1000 and after the $1000 price is reached, then focus on $2000.

Morecoin Freeman

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Quote from: Morecoin Freeman

There will not be enough coins for everyone.

Fakhoury

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Quote from: BitcoinAddicts on October 25, 2015, 01:08:15 PM

250K/BTC is possible, Roger Ver is right about the basic maths (billions people versus limited bitcoin supply)
But his prediction doesn't say when.
I assume it will happen in 5 to 50 years Tongue

You mean 5 to 15 years

BitcoinAddicts

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250K/BTC is possible, Roger Ver is right about the basic maths (billions people versus limited bitcoin supply)
But his prediction doesn't say when.
I assume it will happen in 5 to 50 years Tongue

Wekkel

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yes

$250k and $1 are both more realistic than, let's say, $10k.

Topic: Roger Ver interview with a prediction: Up to 250K/BTC. - page 2. (Read 3045 times)