Topic: What Bitcoin price is too high? - page 4. (Read 3754 times)
If we get the whole world to use Bitcoins, then I think that no price is too high for it as there are just 21M bitcoins and if spread among billions of people, it needs to be a lot worthy.
For u personally what is a Bitcoin price that u would consider too high?
What can be the maximum Bitcoin's worth?
~CfA~
What can be the maximum Bitcoin's worth?
~CfA~
Bitcoin is much worthy than the value I've quoted. In my view I've quoted a realistic price, if it had gone above $10000 more and more regulations will be generated by various government. This truly paves path for getting vanished.
$1k+ is enough for the price now. $10k? omg is too high.
but we don't know if bitcoin goes mainstream and even the price can exceed that.
but we don't know if bitcoin goes mainstream and even the price can exceed that.
All money in this world in btc=
1717898361btc
Maximum available btc= 21000000btc
So now all money stored in btc of world in btc=21000000*520$(standard exchange rate for 2016)=
20958526btc
money stored in bank of world in btc= 1717898361-20958526
1696939835btc
how much part of money stored in btc of world in btc=1717898361/2095852681.26~82
1/82money of world invested in bitcoin so the rate comes 520$/btc.
Now if 1/10 part of money stored in btc it's rate will be
8.20000131×520=
4264$/btc
So now i think you got answer of your question neither bitcoin rate is high nor low it's price just depend in all how much money stored in btc.
If storing money in btc increase its demand will increase.
Don't blame me if you can't understand
Neither this article on net i copied nor its any statement.i just made this with my hard work after spending an hour
1717898361btc
Maximum available btc= 21000000btc
So now all money stored in btc of world in btc=21000000*520$(standard exchange rate for 2016)=
20958526btc
money stored in bank of world in btc= 1717898361-20958526
1696939835btc
how much part of money stored in btc of world in btc=1717898361/2095852681.26~82
1/82money of world invested in bitcoin so the rate comes 520$/btc.
Now if 1/10 part of money stored in btc it's rate will be
8.20000131×520=
4264$/btc
So now i think you got answer of your question neither bitcoin rate is high nor low it's price just depend in all how much money stored in btc.
If storing money in btc increase its demand will increase.
Don't blame me if you can't understand
Neither this article on net i copied nor its any statement.i just made this with my hard work after spending an hour
People is hyping block halving, and price is going up also cause miners will lose a lot of money when halving comes but nowdays price is not so high as week ago.
I think for bitcoin, none of the price is high as if the technology of bitcoin spread to al over the world and all of the coins are mined and everyone start to use bitcoin then the price will be much higher, out of our expectations.
For u personally what is a Bitcoin price that u would consider too high?
What can be the maximum Bitcoin's worth?
~CfA~
From this choices for me i choose 1,000,000 because if i have 3 btc i get a lot of money. 😂 But we will never increase the price of bitcoin something like that. Because if that happened all people is never worked. And the second bitcoin price is never rise than 1,000,000. 😂 but maybe i just wanted to believe if the price of bitcoin is well become a 1000 plus. That's not possible to happen for now. 😂 What can be the maximum Bitcoin's worth?
~CfA~
For u personally what is a Bitcoin price that u would consider too high?
What can be the maximum Bitcoin's worth?
~CfA~
Bitcoin value too high? None.What can be the maximum Bitcoin's worth?
~CfA~
The value of bitcoin cannot be considered overvalued for me because there will not be a time that I'd have to worry about that happening because it is most probably not going to happen anyway.
I think 10,000$ is quite high value if we consider 1-2 years time but this could be achievable after decades. The current price range of 700$ around seem to be reasonable value of coin and not high but relatively cheap. So this price can be considered as good entry point before halving.
Bitcoin isn't too high if we still value/compare bitcoin with fiat, bitcoin is high when we value/compare a currency with bitcoin 
from these choices i will choose 10,000$ to be too high for bitcoin. although bitcoin is still in the early steps towards success and a lot more profit and higher prices but i think there is a cap for it and that stops at half of this too high price at 5000
For u personally what is a Bitcoin price that u would consider too high?
What can be the maximum Bitcoin's worth?
~CfA~
i think so far bitcoin price not yet reach too high price,highest price as i know bitcoin up to $800 and i forget what years it was,personally if bitcoin price up to more than $10000 its will too high for me. What can be the maximum Bitcoin's worth?
~CfA~
really an interesting question ! in my opinion i will say 10k $ per coin will be a really high price as its really a big number to get in speculation ! 
in todays market i feel like paying anything above 1000 usd per bitcoin would be a bit too much. however i expect the price is going to reach around that number when the halfing happens. 
As quoted price increase is the expectations of each and every user. But nothing is sure of the halving, if price increases, surely users get profited as well enormous adoption happens.
in todays market i feel like paying anything above 1000 usd per bitcoin would be a bit too much. however i expect the price is going to reach around that number when the halfing happens.
As quoted price increase is the expectations of each and every user. But nothing is sure of the halving, if price increases, surely users get profited as well enormous adoption happens.
For u personally what is a Bitcoin price that u would consider too high?
What can be the maximum Bitcoin's worth?
~CfA~
Bitcoin value too high? None.What can be the maximum Bitcoin's worth?
~CfA~
The value of bitcoin cannot be considered overvalued for me because there will not be a time that I'd have to worry about that happening because it is most probably not going to happen anyway.
in todays market i feel like paying anything above 1000 usd per bitcoin would be a bit too much. however i expect the price is going to reach around that number when the halfing happens.
As quoted price increase is the expectations of each and every user. But nothing is sure of the halving, if price increases, surely users get profited as well enormous adoption happens.
it comes down to the timeframe that you are talking about.
for this week, anything around $1000 is too high. but this year the same price is even low but 5000 becomes high for only one year.
i do believe that bitcoin price should be above $1000 and somewhere between 4000-5000 is a more realistic price for it than anything higher but it would take a couple of years to reach.
for this week, anything around $1000 is too high. but this year the same price is even low but 5000 becomes high for only one year.
i do believe that bitcoin price should be above $1000 and somewhere between 4000-5000 is a more realistic price for it than anything higher but it would take a couple of years to reach.
It's all relative if you use it as a daily system, as long as it doesn't fluctuate too high or too low, too fast. Otherwise it is simply not that important, as it is so divisible.
What bitcoin price is to high i dont think there is a max hight of the bitcoin and that is because the limit of the bitcoin will reached sometimes so if you want to
know what in my opinion the max hight of the bitcoin will be i will say 10k is the max for sure.
know what in my opinion the max hight of the bitcoin will be i will say 10k is the max for sure.
Jump to: