Topic: Will Bitcoin rise to $500k in three years? - page 14. (Read 6045 times)
Oh no, I think it's impossible, I think btc will continue to increase but to reach $ 500k over the next 3 years, this is too difficult to imagine. Currently, btc price is only $ 6000. I do not know in the future what will happen to btc, but really, I think btc will not get to that number.
So guys, what do you think about McAfee prediction - will Bitcoin jump to $500 000 till August 2020?
Wow this is really a huge amount of money, well if this thing happen i would like to celebrate because I will earn big money for sure but i think this is really hard to happen for just 3years. My prediction is around $30k and hopefully people still support this kind of technology, well a lot of people are now using this and we will see what will happen in the coming years.
So guys, what do you think about McAfee prediction - will Bitcoin jump to $500 000 till August 2020?
That seems unlikely. Bitcoin to $500,000 maybe in 20 years is so. I don’t think it will rise much faster than that. Even if Bitcoin doubles in price every year, it would take over 6 years to get there. I also think there will be periods of time where Bitcoin drops or consolidates, so it won’t be just increasing. Regardless of the growth rate, it is important to accumulate as much as you can over the next few years.
We can see that investors are often afraid of bitcoin bubbles
WOW, $ 500,000. A crazy number, but we can make our predictions of that
That's your guess, but to me, I think it's only possible to stop at $ 50,000 is reasonable
That's your guess, but to me, I think it's only possible to stop at $ 50,000 is reasonable
So guys, what do you think about McAfee prediction - will Bitcoin jump to $500 000 till August 2020?
I really don't think btc will hit $500k by August 2020.
If McAfee said $50k than it could be more realistic than $500k.
Nothing is impossible, bitcoin price may reach $500k by the end of 2025.
If we look at the current market value and the involvements, bitcoin price reached over $6k.
So if we target to reach $500k than the market value and the involvements are needed by x85.
So is it really possible?
i dont think price will go to that. 20k may be possible. But we can not predict. who knows
So guys, what do you think about McAfee prediction - will Bitcoin jump to $500 000 till August 2020?
That seems unlikely. Bitcoin to $500,000 maybe in 20 years is so. I don’t think it will rise much faster than that. Even if Bitcoin doubles in price every year, it would take over 6 years to get there. I also think there will be periods of time where Bitcoin drops or consolidates, so it won’t be just increasing. Regardless of the growth rate, it is important to accumulate as much as you can over the next few years.
So guys, what do you think about McAfee prediction - will Bitcoin jump to $500 000 till August 2020?
That seems unlikely. Bitcoin to $500,000 maybe in 20 years is so. I don’t think it will rise much faster than that. Even if Bitcoin doubles in price every year, it would take over 6 years to get there. I also think there will be periods of time where Bitcoin drops or consolidates, so it won’t be just increasing. Regardless of the growth rate, it is important to accumulate as much as you can over the next few years.
This is well founded as the number of Bitcoins is decreasing and the number of supply is limited. I am sure this will increase Bitcoin prices as the volume of Bitcoin buyers is increasing
bitcoin has serious competition now , secondly once Solar powered mining or clean energy takes over & the cost electricity is taken out of the equation I don't think BTC will be able to compete with more popular coins in the future as a standard currency BTC fees are very high compared to other cryptos.....
IF BTC would raise above 10K USD it would more likely to be used as an asset then a currency to shop with.
BTC losing market share to other crypto currency's is bound to happen.
IF BTC would raise above 10K USD it would more likely to be used as an asset then a currency to shop with.
BTC losing market share to other crypto currency's is bound to happen.
I think it's still very difficult. Well, at this time bitcoin prices are very high, and I believe, that bitcoin prices will be higher than the current price. but, I think, reaching $ 500k dollars in 3 years is still difficult. even to reach $ 50k it's still difficult.
$50k doesn't seem that exotic to me based on the recent developments and attention in the blockchain scene. That would be "only" one trillion in market cap, which is roughly the size of one stock exchange or about 30% larger than a tech company. 
I think it's still very difficult. Well, at this time bitcoin prices are very high, and I believe, that bitcoin prices will be higher than the current price. but, I think, reaching $ 500k dollars in 3 years is still difficult. even to reach $ 50k it's still difficult.
7nn & 3nn chips will change everything.....2020 BTC $900
8-16TH on a PCI express cards will take bitcoin away from asic farmers
GPUs don't get that much stronger just because of smaller chips. They certainly won't trounce ASICs. And even if they could do this due to a decrease of chip size, ASICs would simply start using smaller next gen chips as well.8-16TH on a PCI express cards will take bitcoin away from asic farmers
Your price prediction is nonsense too. Even if all remaining Bitcoins could be mined instantly due to new hardware, the overall supply would only increase by around ~25% which would imply a 25% price drop at best. And that's if we assume that demand doesn't increase at all.
7nn & 3nn chips will change everything.....2020 BTC $900
8-16TH on a PCI express cards will take bitcoin away from asic farmers
8-16TH on a PCI express cards will take bitcoin away from asic farmers
So guys, what do you think about McAfee prediction - will Bitcoin jump to $500 000 till August 2020?
Pure folly. I believe in bitcoin and i trust it enough to leave my day job to focus on it but it's too much to ask for even 100k. Its just impossible to happen in any circumstance. Even if btc gets accepted worldwide, that amount isn't realistic by far
Although I think, companies shout out placative predictions for marketing reasons, because they are aware of growing Bitcoin popularity, I think for exactly that reason, it could happen, if hardfork will pass smoothly.
So guys, what do you think about McAfee prediction - will Bitcoin jump to $500 000 till August 2020?
Pure folly. I believe in bitcoin and i trust it enough to leave my day job to focus on it but it's too much to ask for even 100k. Its just impossible to happen in any circumstance. Even if btc gets accepted worldwide, that amount isn't realistic by far
I do not have a single bitcoin in my account, so for me it does not matter)
I don't think so about bitcoin will rise to $500k in next 3 years. That's a very huge amount of money.
I'll be very much glad IF that will happen. But it still a prediction. It may happen or may not. But one thing is for sure I am very happy with unexpected increase of price of bitcoin for the past few months.
I'll be very much glad IF that will happen. But it still a prediction. It may happen or may not. But one thing is for sure I am very happy with unexpected increase of price of bitcoin for the past few months.
Yes this thing might happen. As from the last few years bitcoin value is rising very surprisingly and if continues this way then yes it might reach upto $500k.
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