Topic: Will Bitcoin rise to $500k in three years? - page 8. (Read 6045 times)
Too optimistic assumption, I do not believe in such a cost.
It will always be difficult to predict the future, but at least at this precise moment $500,000 in three years seems very difficult but not impossible. In fact, the line of $100,000 would seem excessive, and as has been said, the compliance of multiple factors that the bitcoin ecosystem requires to achieve such a price still seems very far. But the current price of $7,000 also seemed like an impossible dream three years ago, so let's let bitcoin keep surprising us.
It’s impossible to predict what might happen by next 2 months, so good luck to those who are predicting it by 2020. In reality, there is NO ONE (human) who have any CLUE what is going to happen, so just don’t try to do something, which is not doable! Don’t follow predictions.
that's true, no one knows the future only here the law of economics applies in see bitcoin supply stay a little to make the price become more expensive as time passes 
In my opinion, if we follow the trend of exponential growth in the market of bitcoin's price, $500,000 is not impossible to reach in the next three years. Bitcoin is gaining popularity all over the world in every single day whether it is bad news or good news. We all have to accumulate as much bitcoin as we can right now and focus on the achievement of our goal for long term profit and hope for the best to come.
Stop raising this to a meaningless point….the rate of $6000 took several years to accomplish, 8 years precisely. How can.you be saying that a whole $500,000 per Bitcoin can be accomplished within three years, that’s kind of madness. Then you’re trying to say each person will $500,000 worth of Bitcoin each, bet me, just one person that will sell off will send the whole market crashing if it was to put at such rate with its current
And since you don't seem to be aware of this, groundbreaking technologies usually take a long time to reach public awareness and once they do they keep exploding until mass adoption is achieved.
So guys, what do you think about McAfee prediction - will Bitcoin jump to $500 000 till August 2020?
it can be happens bitcoin can make any history in the field of cryptocurrency. prediction is always prediction it would not be true or similar. so after the 2020 bitcoin where to placed in no one can imaging that. 500k dollars is a HUGE target. Maybe one day bitcoin will touch that but it is impossible for this or any asset to make such progress.
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. 
Impossibility is nothing when it comes to bitcoin price! Who would have thought that 0.1 btc could ever be $700 plus. At this point in time with bitcoin, I have stopped to rationalized or second guess bitcoin in terms of bitcoin prices. Wherever bitcoin leads, I'll follow.
In my opinion, if we follow the trend of exponential growth in the market of bitcoin's price, $500,000 is not impossible to reach in the next three years. Bitcoin is gaining popularity all over the world in every single day whether it is bad news or good news. We all have to accumulate as much bitcoin as we can right now and focus on the achievement of our goal for long term profit and hope for the best to come.
Stop raising this to a meaningless point….the rate of $6000 took several years to accomplish, 8 years precisely. How can.you be saying that a whole $500,000 per Bitcoin can be accomplished within three years, that’s kind of madness. Then you’re trying to say each person will $500,000 worth of Bitcoin each, bet me, just one person that will sell off will send the whole market crashing if it was to put at such rate with its current
So guys, what do you think about McAfee prediction - will Bitcoin jump to $500 000 till August 2020?
$500k on 3 years time? Not possible even if we do compare on the current rally on bitcoins price as of now then it wont still really be sufficient enough to reach out that peak price since its really too much to consider.Even talking on 20k usd would really be already hard for sure. Adoption is still on the move this is why we can still hope for more price increase compared to its current price.
Like you said the $ 500K in three years is looks like not possible i expect that it will reach about $ 20K at the end of 2020.But we can see that bitcoin is reaching new price high every day,so anything can happen in the next three years.So have hope on bitcoin then it will give you better future.So start investing today to make profits.
So guys, what do you think about McAfee prediction - will Bitcoin jump to $500 000 till August 2020?
You just have a bigger pocket of yours, to manage to add up such amounts. Is it possible to believe in such a nonsense, you imagine, now many have more than one cue ball available and if this happens, then it is terrible to imagine what will happen to the world. 
So guys, what do you think about McAfee prediction - will Bitcoin jump to $500 000 till August 2020?
It may up its value significantly, but this amount is so much of a big jump that it is already unreasonable and too much to assume. On the previous years as bitcoin was starting up, it's value rose from scratch to its current $6,000-ish value, following that increase and trend, it's highly impossible for it to increase its value basically 830%. In any business that kind of increase is almost always never going to happen, maybe it can reach a little or near 100,000 but that's at best.
lol, I think he just kidding. How can 1 BTC equal a half million dollars? If it reaches that peak, I think all investors in the world will waive Stock market to invest in Cryptocurrency. :v
Did you ever hear about the great depression that has started 1929 after the New York stock market crash? If something like this will happen until 2020 and it can happen at any time because the fiat system is an illusion based on believes, then one bitcoin can easily cost $500k. In such cases only one bread could cost $100!But such a massive dollar inflation will be caused by the FED with printing more and more dollars to stimulate the economy without real countervalues.
Google for "Helicopter Ben".
If that happens it would be because the federal reserve keeps crapping out too many dollars, but that's completely independent of Bitcoin and only one scenario in which the USD/BTC rate could skyrocket. It's the least likely though, at least in the next couple years.
Only if the US dollar with lose its value heavily based on a great depression or because they print too much and throw the dollars out of helicopters, then the scenario of $500k per bitcoin could come true. And in this case the bitcoin owners don't become rich, because $500k will be worth $10,000 compared with the value of the US dollar today.
But the question is until August 2020 and without a hyperinflation of the US dollar this scenario is almost impossible.
lol, I think he just kidding. How can 1 BTC equal a half million dollars? If it reaches that peak, I think all investors in the world will waive Stock market to invest in Cryptocurrency. :v
Did you ever hear about the great depression that has started 1929 after the New York stock market crash? If something like this will happen until 2020 and it can happen at any time because the fiat system is an illusion based on believes, then one bitcoin can easily cost $500k. In such cases only one bread could cost $100!But such a massive dollar inflation will be caused by the FED with printing more and more dollars to stimulate the economy without real countervalues.
Google for "Helicopter Ben".
If that happens it would be because the federal reserve keeps crapping out too many dollars, but that's completely independent of Bitcoin and only one scenario in which the USD/BTC rate could skyrocket. It's the least likely though, at least in the next couple years.
Only if the US dollar with lose its value heavily based on a great depression or because they print too much and throw the dollars out of helicopters, then the scenario of $500k per bitcoin could come true. And in this case the bitcoin owners don't become rich, because $500k will be worth $10,000 compared with the value of the US dollar today.
lol, I think he just kidding. How can 1 BTC equal a half million dollars? If it reaches that peak, I think all investors in the world will waive Stock market to invest in Cryptocurrency. :v
Did you ever hear about the great depression that has started 1929 after the New York stock market crash? If something like this will happen until 2020 and it can happen at any time because the fiat system is an illusion based on believes, then one bitcoin can easily cost $500k. In such cases only one bread could cost $100!But such a massive dollar inflation will be caused by the FED with printing more and more dollars to stimulate the economy without real countervalues.
Google for "Helicopter Ben".
If that happens it would be because the federal reserve keeps crapping out too many dollars, but that's completely independent of Bitcoin and only one scenario in which the USD/BTC rate could skyrocket. It's the least likely though, at least in the next couple years.
No it is impossible to happen because if you have 2 bitcoin you become millioniare what if those people have thousands of bitcoin they are now billionaire on that day. And for sure the maximum price of bitcoin maybe 30k or 50k only. But we dont know what will happen to the bitcoin price . I think the price of bitcoin in the year of 2020 is maybe it will become 20k dollars and that's big amount.
At 500k per Bitcoin at most 8000 people could be billionaires if they held 2000 Bitcoins each. In reality, Bitcoins are much more scattered, so that's not going to happen. But even if that wouldn't be any problem. There are tens of millions of millionaires and thousands of billionaires in the world already.Who cares if you add a few to that, there are still going to be 7 Billion "normal" and poor people in the world.
$500,000 per 1 Bitcoin. Are you kidding me? ... Although Bitcoin is a good coin. But you don't be crazy. The maximum is $50,000.
... Although Bitcoin is a good coin. But you don't be crazy. The maximum is $50,000. Maximum in 3 years is 50k$, but who knows, price might rise even more than that through next 3 years . Of course we are only predicting it, and nobody knows what will happen this far in future, but it's still silly to say that price can't go above 50k$.
That's pretty awesome to speculate, but I don't think were into the journey of that price within three years because many holders were dumping their assets when price is getting higher. So even that $50k still cannot be obtained with that value, however if there's a possibilities that many businesses will be adopting this bitcoin currency that's not impossible in either ways that it can pump up to $500K which is very much expensive. Well, it was just predictions and the very most important idea is I am after to reality, yet bitcoin price now pumps its price unstoppable.
No it is impossible to happen because if you have 2 bitcoin you become millioniare what if those people have thousands of bitcoin they are now billionaire on that day. And for sure the maximum price of bitcoin maybe 30k or 50k only. But we dont know what will happen to the bitcoin price . I think the price of bitcoin in the year of 2020 is maybe it will become 20k dollars and that's big amount.
lol, I think he just kidding. How can 1 BTC equal a half million dollars? If it reaches that peak, I think all investors in the world will waive Stock market to invest in Cryptocurrency. :v
Did you ever hear about the great depression that has started 1929 after the New York stock market crash? If something like this will happen until 2020 and it can happen at any time because the fiat system is an illusion based on believes, then one bitcoin can easily cost $500k. In such cases only one bread could cost $100!
It’s impossible to predict what might happen by next 2 months, so good luck to those who are predicting it by 2020. In reality, there is NO ONE (human) who have any CLUE what is going to happen, so just don’t try to do something, which is not doable! Don’t follow predictions.
lol, I think he just kidding. How can 1 BTC equal a half million dollars? If it reaches that peak, I think all investors in the world will waive Stock market to invest in Cryptocurrency. :v
Why would they? If it reaches $500k it's unlikely to double again in any forseeable time, so there's no reason to "invest" in it. People might use it as a safe haven instead of gold at that point since volatility should be getting very low at that market size. And some will buy Bitcoin to participate in altcoin investments. But the stock market would not die unless stocks move over onto the blockchain to take out the inefficient and expensive brokers.Jump to: