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Topic: Will Bitcoin rise to $500k in three years? - page 9. (Read 6045 times)

member
Activity: 94
Merit: 10
November 02, 2017, 03:02:41 PM
That would be the craziest thing ever. Despite the fact thet BTC created a revolution of it's own, it is a fact that there are many restrictions to BTC as a coin. I really hope that people are able to see the potential of some other altcoins, like IOTA.
full member
Activity: 1204
Merit: 104
November 02, 2017, 02:31:54 PM
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.
I do not even know what to think if Bitcoin rises in price to such a level and the reality we can see the fall of all brokerage exchanges is a comma, but this will be followed by a completely huge decline in the economy of each developed country. This is practically a disaster for the global financial system and the economy as a whole.
hero member
Activity: 1358
Merit: 834
November 02, 2017, 02:25:38 PM
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.
bs9
full member
Activity: 154
Merit: 100
November 02, 2017, 02:22:14 PM
So guys, what do you think about McAfee prediction - will Bitcoin jump to $500 000 till August 2020?
I think its not possible we are seeing that bitcoin price are now 7000$+ now.We hope after the ended this year its will be  10000$ and next 2 year its will be  50000$.But bitcoin can doing anything its change few hour.
full member
Activity: 126
Merit: 100
November 02, 2017, 12:49:26 PM
I think that might be possible. noone can predict and past years gains were extraordinary.
sr. member
Activity: 586
Merit: 251
November 02, 2017, 12:40:54 PM
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
hero member
Activity: 966
Merit: 501
November 02, 2017, 12:37:32 PM
Bitcoin could rise to $500k but not in the coming three years. Bitcoin has so much potential which has not been achieved till now. In the coming years Bitcoin awareness, high liquidity, ease of transport and continued market outperformance as geopolitical risks mount will make Bitcoin a strong contender for investment at a consumer and investor level.
Also seeing that the remittance transfers have almost doubled over the past 15 years we can expect a sharp rise in the future which will increase its market capital.
hero member
Activity: 2100
Merit: 546
Leading Crypto Sports Betting & Casino Platform
November 02, 2017, 11:13:18 AM
So guys, what do you think about McAfee prediction - will Bitcoin jump to $500 000 till August 2020?

I seriously doubt this pronouncement of McAfee. It was not just made with a slight exaggeration; it was made with pure jest and hubris. I think it will not happen. There may be a consistent growth in value for bitcoin but not with a speed that will easily reach the $500,000 prediction of McAfee. It may happen in the far future though. For 2020, $50,000 per Bitcoin is enough for me. That is a realistic goal.
It is true that he bitcoin is increasing and he price of the bitcoin will go more and more high because it is predicted by the people who are having the value and he information in the bitcoin, I use the bitcoin and I kn0ow when one of my friend asked to buy the bitcoin and I was not able to buy at the price of the $600 but if I look at the price of the bitcoin in the present time I really feel bad.
full member
Activity: 396
Merit: 100
November 02, 2017, 07:43:02 AM
this year BTC bitcoin has gone up in the price of 6700 dollars and will continue to rise, but the problem supply for BTC bitcoin is limited so better we can only monitor what will happen once supply bitcoin runs out
full member
Activity: 476
Merit: 107
November 02, 2017, 07:34:56 AM
So guys, what do you think about McAfee prediction - will Bitcoin jump to $500 000 till August 2020?

Its quite high for a prediction by 2020 but there is always possibility to become real with that trends ongoing now in the bitcoin price. If that is going to happen so many bitcoin enthusiast people will become millionaire at span of 3 years from now. Im a realistic person so my own prediction will only be a maximum 50k $ per btc by year 2020.
full member
Activity: 432
Merit: 100
November 02, 2017, 07:14:30 AM
I think if you want to reach $ 500,000 then Bitcoin will need a bigger financial market and upcoming stock markets will list BTC and see Bitcoin as commodity and possibly future currency. Bitcoin can reach $ 1,000,000 = 1 BTC is absolutely possible
sr. member
Activity: 303
Merit: 250
November 02, 2017, 07:00:29 AM
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.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
November 02, 2017, 06:52:54 AM
So guys, what do you think about McAfee prediction - will Bitcoin jump to $500 000 till August 2020?
$500k on 3 years time? Not possible even if we do compare on the current rally on bitcoins price as of now then it wont still really be sufficient enough to reach out that peak price since its really too much to consider.
Even talking on 20k usd would really be already hard for sure. Adoption is still on the move this is why we can still hope for more price increase compared to its current price.
newbie
Activity: 46
Merit: 0
November 02, 2017, 06:46:26 AM
Yeah absolutely can, with bitcoin's potiental for now, everything will be easily to claim the next goal , and with 3 years? 500k$ is on the reach.
legendary
Activity: 1008
Merit: 1010
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November 02, 2017, 06:39:18 AM
$500,000 per 1 Bitcoin. Are you kidding me?  Cheesy... Although Bitcoin is a good coin. But you don't be crazy. The maximum is $50,000.

Maximum in 3 years is 50k$, but who knows, price might rise even more than that through next 3 years . Of course we are only predicting it, and nobody knows what will happen this far in future, but it's still silly to say that price can't go above 50k$.
hero member
Activity: 980
Merit: 506
November 02, 2017, 06:12:37 AM
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. 
You are absolutely true but don’t you think in business we have to stick with our main real time profits and losses. You can’t just go for functionary ideas and thinking’s. Better to work in practical and make your plan in practical too. There will be fine results coming in the end but that takes a long time to come. Till then, work and think practically bad we hope this can go beyond our expectations.
sr. member
Activity: 1914
Merit: 328
November 02, 2017, 05:32:22 AM
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. 
We all know this thing that there is nothing which is not possible to happen in the future. As far as my own prediction is concerned, I think that it is not at all possible for bitcoin to have this much huge market price and that too in a time spam of just three years. Still there are number of people who actually don’t know about bitcoin and it will take a very long period of time for this to happen.
sr. member
Activity: 546
Merit: 253
November 02, 2017, 03:45:19 AM
$500,000 per 1 Bitcoin. Are you kidding me?  Cheesy... Although Bitcoin is a good coin. But you don't be crazy. The maximum is $50,000.
sr. member
Activity: 1694
Merit: 299
November 02, 2017, 02:45:59 AM
So guys, what do you think about McAfee prediction - will Bitcoin jump to $500 000 till August 2020?

$ 500,000 seems a bit exaggerated in the short run, but in my opinion the $ 20,000 will be easily reached and the price will be between 20,000$ and 50,000$ in the next 3 years. Hodl!
One thing we all need to be very much clear about is that still there is only 1% population of the entire world who is having an awareness about bitcoin and this concept of crypto currency. Still there is a huge population who are even unaware of the word of bitcoin. Under such circumstances, it is not at all possible of bitcoin to reach up to this much market value and that in such a short period of time.
hero member
Activity: 1358
Merit: 834
November 01, 2017, 03:54:45 PM
Everyone assumes  BTC will be the only  crypto currency  used.... no one has mentioned that BTC might  start to lose market share to other cryto currency's that are more suited for day to day commerce. BTC may become the Gold standard of crypto  in the future where other crypto are paired with. ...also assuming  that investors are only going to invest in BTC, this is not likely.  NEW Hardware promised by new Japanese Company entering the BTC hardware mining industry promising 7nn & 3nn chips to blow to current hardware manufacturers away.... SHA256 mining is coming back to GPU with PCI express cards that will be able to mine 8 -16TH at less then 500w  ETA 2018/2019  what real value will bitcoin have in 2020 is very unpredictable..... maybe $20 000 and it could just as well be $1000 Tongue
The thing with BTC is, that it's right now still used as the main denominator when trading cryptocurrency pairs. If you want altcoins, you usually need BTC to get them. If that changes, Bitcoin could lose market share very quickly though.
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