What will it take for bitcoin to hit $50,000? And when will it happen? - page 2.

BitcoinHodler

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Quote from: ajmapalo22 on November 18, 2017, 10:06:39 AM

It will take a long time for bitcoin to hit this big, although the value appreciation this year is very promising still I don't think bitcoin will ever reach $50,000 maybe after a decade but who knows it is unpredictable and no one can ever give the exact value of bitcoin in the future we'll just have to see what's gonna happen tomorrow.

while $50,000 may sound like a large amount of money on its own when you think about it "this big" is only 5.25 times more than the current price. need i remind you that bitcoin has been rising at least 2x every year and th is alone it has gone up about 7x from the start of this year!

in other words you may be surprised how fast that price can get here, just like nobody even expected us to be talking about $8000 resistance now at the start of this year.

gabmen

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Well that's something to look forward to really. Personally, i think we're going to have a hard time reaching that. There are even speculations about btc even goong past 100k. We're all hoping for that of course but realistically, i'm not too sure if btc will even hit past 20k in 2018

ajmapalo22

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It will take a long time for bitcoin to hit this big, although the value appreciation this year is very promising still I don't think bitcoin will ever reach $50,000 maybe after a decade but who knows it is unpredictable and no one can ever give the exact value of bitcoin in the future we'll just have to see what's gonna happen tomorrow.

RamesesLabs

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I think we hit $10,000 around the 2nd week of January. I think big investors are going to play it cool here at the end of Q4, watch each other, then the market explodes in January. That's just my take on the whole thing though.

best ever

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Not much to go to 50 000$ (I mean to be equal Apple).
Nobody can say when it will be exactly. It can be really in 2018. But if some government issues, than it can be only in 3-4 years.
I think it will happen, but just matter of time!

Parodium

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As I'm sure most of you are aware, the was a recent correction in the BTC price, falling from approx $7,500 back down to $6,000 in the last few days, mostly likely caused by the miners switching from BTC to BCH, and the massive BCH pump.

Now it seems $10,000 is again on the horizon despite no major news benefiting bitcoin as of late. So, what do you guys think needs to happen in order for BTC to reach $50,000, and when, if ever do you think it will occur?

For comparison the current market cap of BTC is $119B, whereas gold is $7T and $880B for Apple Corporation.

Hence to achieve $50,000 per coin, the market cap of BTC would need to approximately equal Apple.

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