Will Bitcoin rise to $500k in three years? - page 6.

214missy

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Quote from: nodav on October 27, 2017, 06:15:43 AM

So guys, what do you think about McAfee prediction - will Bitcoin jump to $500 000 till August 2020?

Oh I think it is too early speculation for bitcoin. Yes we all know that bitcoin has a potential to reach that amount.
For me I think the best things that we can do is too wait and believe that someday bitcoin will be that sucessful in the future.

adam1230

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%0.000001 chance to hit 500k in three years. But there is %10 chance to hit 100k in next three years. And i will bet on %10 and hodl my coins

Shishir99

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Quote from: nodav on October 27, 2017, 06:15:43 AM

So guys, what do you think about McAfee prediction - will Bitcoin jump to $500 000 till August 2020?

If i consider the volatility and growth rate butcoin may go to 100000$.
And also taking the factor that block rewards will be half.
But bitcoin price to 500000$ in 2020 is pretty much impossible.

cybersofts

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Quote from: sunsilk on October 27, 2017, 06:19:04 AM

Quote from: nodav on October 27, 2017, 06:15:43 AM

So guys, what do you think about McAfee prediction - will Bitcoin jump to $500 000 till August 2020?

I want this to happen but predictions are always be predictions. It may happen and it may not happen, if McAfee said that maybe there are some surprises that he'll do just to make this happen.

And this is a very tuning in prediction because he's condition is very crazy - check out this reply from https://twitter.com/officialmcafee/status/887024683379544065?lang=en

I hope it happens and I'll definitely going to sell maybe some of my bitcoin by that time and will live happily ever after.

No. that's too much! I don't think that is possible because there no possibility on that because it doesn't make any sense.
How about bitcoin selling $50,000 in 3 years, that would better and it makes more sense. $500k in 3 years - Oh, come on! Stop dreaming.

BTCMILLIONAIRE

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Quote from: mharz on November 07, 2017, 05:43:56 PM

Quote from: Zicadis on November 07, 2017, 04:46:20 PM

A lot could happen in three years and looking back at how much the user base has grown over the years, probably $100k sounds more realistic than $500k which is 50 times more than the current value. If demand keeps growing who knows we might just hit the jackpot.

3 years? Bitcoin is running up so fast we all know that but hitting $500K in split period, no it is impossible to happen. We all know that raising up into $8000 dollars is hard to bitcoin now, then we predict over the capacity of crypto no way.
As I see bitcoin value were play into $10,000 only on 2020, because if the bitcoin value were fall up to $500K maybe there's no signature campaign will open and some other work was not running well.

Signature campaigns would simply play less Bitcoins to make up for the rise in price...

And $10k by 2020 seems extremely low and ignores the acceleration at which Bitcoin is adopted by the mainstream.

mharz

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Quote from: Zicadis on November 07, 2017, 04:46:20 PM

A lot could happen in three years and looking back at how much the user base has grown over the years, probably $100k sounds more realistic than $500k which is 50 times more than the current value. If demand keeps growing who knows we might just hit the jackpot.

3 years? Bitcoin is running up so fast we all know that but hitting $500K in split period, no it is impossible to happen. We all know that raising up into $8000 dollars is hard to bitcoin now, then we predict over the capacity of crypto no way.
As I see bitcoin value were play into $10,000 only on 2020, because if the bitcoin value were fall up to $500K maybe there's no signature campaign will open and some other work was not running well.

Zicadis

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Dump it!!!

A lot could happen in three years and looking back at how much the user base has grown over the years, probably $100k sounds more realistic than $500k which is 50 times more than the current value. If demand keeps growing who knows we might just hit the jackpot.

BTCMILLIONAIRE

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Quote from: bitcoin31 on November 07, 2017, 03:51:27 PM

Bitcoin will not reach 500k dollars even you wait hundreds years or forever. Because for me the possible price of bitcoin is 50k dollars and I think the percent that happen 50k is 20 percent what if 500kbdollars . I don't know why other people believe that or believe bitcoin price will reach that . Even that price is unrealistic to happen in real life. But I hope yhe price will continue to increase.

500k isn't that big of a price if you consider all the facts. You seem incapable of assessing what is realistic and what is not.

May I ask why you think 500k is too high? Do you have any logical reasoning behind your estimate?

bitcoin31

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Bitcoin will not reach 500k dollars even you wait hundreds years or forever. Because for me the possible price of bitcoin is 50k dollars and I think the percent that happen 50k is 20 percent what if 500kbdollars . I don't know why other people believe that or believe bitcoin price will reach that . Even that price is unrealistic to happen in real life. But I hope yhe price will continue to increase.

Protomono

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Buy $BGL before it's too late!

If bitcoin has potential to be $500K moreover in next 3 years, I am sure countries with global interests and influence will not silent. They will take action, as this will affect small or poor countries.

thecodebear

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Quote from: madbyte on November 07, 2017, 10:24:34 AM

Quote from: thecodebear on November 07, 2017, 09:43:24 AM

Quote from: azguard on November 07, 2017, 04:53:04 AM

Quote from: nodav on October 27, 2017, 06:15:43 AM

So guys, what do you think about McAfee prediction - will Bitcoin jump to $500 000 till August 2020?

This is little unrealistic at the moment, with this price to be in few years think that its little futuristic to be light on word. Dont get me wrong everybody would love to see this, including me, but to be real in this its quite impossible. Maybe it will be some good 5 digits price but to go on half mill this is unreal.

$500k is far too improbable for just 3 years. Maybe in 10 years if Bitcoin truly succeeds.
I think $100k is a good optimistic but still very possible target for 2020. something like '18 30k, '19 60k, '20 100k certainly seems possible.

For it to hit 500k in 2020.. bitcoin will need to hit about 50k-80k in 2018, 180k-250k in 2019 and 500k in 2020. Seems so unlikely that this will happen. But what if a few countries adopt bitcoin as the main currency in 2018 and drop the USD. There is several countries pegged or even using the USD as their official currency. We have to hit 10k+ by end 2017. So if these numbers are hit... every month from here to 2020 someone will be calling bitcoin a bubble. My opinion is that yes this is possible but unlikely. But hoping it will

I suppose it is possible, but yeah extremely unlikely.

My most optimistic prediction would be something like $40k 2018, $90k 2019, $150k 2020.

thecodebear

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Quote from: BTCMILLIONAIRE on November 07, 2017, 10:59:50 AM

Quote from: madbyte on November 07, 2017, 10:24:34 AM

Quote from: thecodebear on November 07, 2017, 09:43:24 AM

Quote from: azguard on November 07, 2017, 04:53:04 AM

Quote from: nodav on October 27, 2017, 06:15:43 AM

So guys, what do you think about McAfee prediction - will Bitcoin jump to $500 000 till August 2020?

This is little unrealistic at the moment, with this price to be in few years think that its little futuristic to be light on word. Dont get me wrong everybody would love to see this, including me, but to be real in this its quite impossible. Maybe it will be some good 5 digits price but to go on half mill this is unreal.

$500k is far too improbable for just 3 years. Maybe in 10 years if Bitcoin truly succeeds.
I think $100k is a good optimistic but still very possible target for 2020. something like '18 30k, '19 60k, '20 100k certainly seems possible.

For it to hit 500k in 2020.. bitcoin will need to hit about 50k-80k in 2018, 180k-250k in 2019 and 500k in 2020. Seems so unlikely that this will happen. But what if a few countries adopt bitcoin as the main currency in 2018 and drop the USD. There is several countries pegged or even using the USD as their official currency. We have to hit 10k+ by end 2017. So if these numbers are hit... every month from here to 2020 someone will be calling bitcoin a bubble. My opinion is that yes this is possible but unlikely. But hoping it will

If "a few countries" adopted Bitcoin as their main currency $500k per Bitcoin would be heavily undervalued. Unless we're talking about very tiny or undeveloped countries.

Bitcoin has been a "bubble" for as long as it existed according to random people by the way.

haha yes people who don't understand bitcoin always call it a bubble. Every time bitcoin goes up people start screaming "bubble!". And every time they are dead wrong.

BTCMILLIONAIRE

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Quote from: madbyte on November 07, 2017, 10:24:34 AM

Quote from: thecodebear on November 07, 2017, 09:43:24 AM

Quote from: azguard on November 07, 2017, 04:53:04 AM

Quote from: nodav on October 27, 2017, 06:15:43 AM

So guys, what do you think about McAfee prediction - will Bitcoin jump to $500 000 till August 2020?

This is little unrealistic at the moment, with this price to be in few years think that its little futuristic to be light on word. Dont get me wrong everybody would love to see this, including me, but to be real in this its quite impossible. Maybe it will be some good 5 digits price but to go on half mill this is unreal.

$500k is far too improbable for just 3 years. Maybe in 10 years if Bitcoin truly succeeds.
I think $100k is a good optimistic but still very possible target for 2020. something like '18 30k, '19 60k, '20 100k certainly seems possible.

For it to hit 500k in 2020.. bitcoin will need to hit about 50k-80k in 2018, 180k-250k in 2019 and 500k in 2020. Seems so unlikely that this will happen. But what if a few countries adopt bitcoin as the main currency in 2018 and drop the USD. There is several countries pegged or even using the USD as their official currency. We have to hit 10k+ by end 2017. So if these numbers are hit... every month from here to 2020 someone will be calling bitcoin a bubble. My opinion is that yes this is possible but unlikely. But hoping it will

If "a few countries" adopted Bitcoin as their main currency $500k per Bitcoin would be heavily undervalued. Unless we're talking about very tiny or undeveloped countries.

Bitcoin has been a "bubble" for as long as it existed according to random people by the way.

madbyte

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Quote from: thecodebear on November 07, 2017, 09:43:24 AM

Quote from: azguard on November 07, 2017, 04:53:04 AM

Quote from: nodav on October 27, 2017, 06:15:43 AM

So guys, what do you think about McAfee prediction - will Bitcoin jump to $500 000 till August 2020?

This is little unrealistic at the moment, with this price to be in few years think that its little futuristic to be light on word. Dont get me wrong everybody would love to see this, including me, but to be real in this its quite impossible. Maybe it will be some good 5 digits price but to go on half mill this is unreal.

$500k is far too improbable for just 3 years. Maybe in 10 years if Bitcoin truly succeeds.
I think $100k is a good optimistic but still very possible target for 2020. something like '18 30k, '19 60k, '20 100k certainly seems possible.

For it to hit 500k in 2020.. bitcoin will need to hit about 50k-80k in 2018, 180k-250k in 2019 and 500k in 2020. Seems so unlikely that this will happen. But what if a few countries adopt bitcoin as the main currency in 2018 and drop the USD. There is several countries pegged or even using the USD as their official currency. We have to hit 10k+ by end 2017. So if these numbers are hit... every month from here to 2020 someone will be calling bitcoin a bubble. My opinion is that yes this is possible but unlikely. But hoping it will

nizamcc

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Expecting too much from Bitcoins is not good atm because it is currently facing one of the most challenging days in its history and the rage is now increasing too much when the Hard Fork is becoming imminently going to take place on 16th Nov even after no such support that's needed by them. This time, it will be a decisive stance taken, not just by the community alone but the investors and miners. I believe 50k looks good and could be reached but I don't even see a 100k till 2020 because it will need superb volumes and that will not be achieved soon as many countries (including mine) are now trying to come up with their fiat-based cryptocurrencies making Bitcoin's acceptance hard.

thecodebear

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Quote from: azguard on November 07, 2017, 04:53:04 AM

Quote from: nodav on October 27, 2017, 06:15:43 AM

So guys, what do you think about McAfee prediction - will Bitcoin jump to $500 000 till August 2020?

This is little unrealistic at the moment, with this price to be in few years think that its little futuristic to be light on word. Dont get me wrong everybody would love to see this, including me, but to be real in this its quite impossible. Maybe it will be some good 5 digits price but to go on half mill this is unreal.

$500k is far too improbable for just 3 years. Maybe in 10 years if Bitcoin truly succeeds.
I think $100k is a good optimistic but still very possible target for 2020. something like '18 30k, '19 60k, '20 100k certainly seems possible.

azguard

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Quote from: nodav on October 27, 2017, 06:15:43 AM

So guys, what do you think about McAfee prediction - will Bitcoin jump to $500 000 till August 2020?

This is little unrealistic at the moment, with this price to be in few years think that its little futuristic to be light on word. Dont get me wrong everybody would love to see this, including me, but to be real in this its quite impossible. Maybe it will be some good 5 digits price but to go on half mill this is unreal.

Wexnident

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Quote from: nodav on October 27, 2017, 06:15:43 AM

So guys, what do you think about McAfee prediction - will Bitcoin jump to $500 000 till August 2020?

I think that would be impossible to think that its value will jump from more than 7000$ to 500k $ in just three years. That's absurd even if the rate of increase on its price is really high. Also, that would be much expensive as a currency to have that huge amount of value in the market. If this thing is possible, it would take long years to pass for this thing to happen.

Duzter

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The price seems to be big to be achieved in such a short time period. In my view it has got the possibility to reach $100k, because when a single country made an entry to bitcoin legally the growth experienced is big. If the same continues with more and more countries reaching $100k won't be a big deal.

KingdomHearts

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Quote from: Fear on November 03, 2017, 04:59:56 AM

Maybe he is right. Because you can see the growth rate now. It's about 700%/year, too high. However, to be honest, I don't believe. Cheesy

It is quite strange to hear that you do not believe in the increment of prices in the upcoming years. As far as the current situation is considered the bitcoin value is among the greatest of all possible. the price fluctuation is a common matter all we have to do on our behalf is that we should not use any hope and must keep on saving the digital currencies so that it would benefit us in future.

As per present Bitcoin value is somewhat more than dollar 7000 and obviously it is going to increase more if the users would increase in number.

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