Bitcoin Forum

Last night, I made a dream where 1 bitcoin was equal to 300'000$. In my life, I have made a lot of dreams, 75% of them became true one day or an other.

I wouldn't bet againt BTC hitting $300k in the next 20 years but I doubt it.

these predictions remind me of a commercial where a guy asks genie "a million bucks" and genie promptly delivers 1mil male deer/antilopes.
$300K number is irrelevant in 10-20 years because we don't know what it would mean then.
If you say: each bitcon=6667 barrels of oil or each bitcoin=25K movie tickets or each bitcoin=Ferrari FF or Rolls Ghost, then OK

What a great dream if it would become true than i would be millionaire i wish for you that your dreams will become true but i think we have to wait for long time until BTCitcoin go to mainstream than it can be hit this price even more than that.

The oil price isn't exactly stable, we don't know what 6667 barrels of oil means in 10-20 years from now either. I'm guessing OP means $300,000, adjusted for inflation, with the same purchasing power as $300,000 today.

yeah, that's what i meant: purchasing power parity

so 75% chance of reaching $300,000. I will take them odds      ;D

Considering the insane amount of fiat that is going around the place in all terms of uselsess stocks and debt, the % of fiat that would need to enter the Bitcoin ecosystem is less than 3%. So 3% of fiat entering the system would lead us to something ranging from half 100k to half a million dollars.

That would happen in about a month or two if hyperinflation kicks in. :) For now, let's settle on the reality that this will never make it that big yet.

Dream on brotha, I like it  8)
Who knows where the next bubble will take us.

Lamborghini parity

$300k is possible in 20 year's time. IF 25% of US GPU is represented in bitcoin. That requires bitcoin to be used as currency.

it is possible though we will need to wait a few years

I hope your dreams will come true one day bro, I really do!

Indubitably

Even though I'd like that your dream was true, but my brains says that your dream will go the 25% side :) It's just not realistic to reach 300k dollars, unless there would be the inflation of dollars, but it would be really bad for whole world.

It's always in todays dollars. Just like the other billion times people fucked it up.

Don't dream that high. When it never comes true, then you'll fall hard.

thats too big of a price in my opinion if the price would be that high a lot of people would be rich

A day will come where people complain about the 1% who own one whole bitcoin!. If you don't reach for the stars you will never get to the moon.

May be true, but will be in our lifetime?

If BTC reaches 3000000 in 50 years will be no good for us.

Even if it's halfway by then that'll be enough to grow yourself a new body in your nano vat at home.

300.000 $ will be nice, but i think a lot of people will sell at lower levels, thats a lot of money. Now we have to wake up and be sure that bitcoin don't loose the 300$ level before to go up to dreaming level.

When the course is similar to the 300k of Bitcoin, then fiatny dollar will be worth little. Bitcoin will gain weight, and the dollar even more rapidly losing purchasing power.

There's only ever going to be 21 million Bitcoin.

There's 7 billion people on the world.

If we want to give every person a bit of Bitcoin, everyone can only have 0.003 bitcoin.

So, even 0.003 Bitcoin has to represent a significant amount in that case, which would make 1 Bitcoin I accessable to most people.

If even a million people in the world could easily afford 21 bitcoin than Bitcoin is still way too cheap.

You have to realize that there is a very limited amount of Bitcoin, but there is an unlimited amount of dollars. Bitcoin can and most likely will reach absolutely insane amounts of dollars.

Bitcoin is a vastly superior currency, once people realize this and realize that it's limited, they will not want to miss out.

i think your dreams won't come true and that is impossible to see bitcoin price reach to $300.000 especially for the next 10 years

Yes may be in next 10 years it is not possible. But we do not predict the future of the bitcoin for next to 10 years. So what ever that may happen that may lead to a big price appreciation. So, $300k level also is possible in near future who knows.

Let's go back to 2009 for a sec.

"No way will bitcoin reach 1k in the next five years, that would mean a billion dollar market cap, you are insane dude."

You do realize that the market cap back then was just thin air right? It wouldn't cost much money and effort to increase the value of Bitcoin at that time. Let's see first if we can manage to reach $1000 again, and then focus on other price targets.

Which part are you disagreeing with again?

Again? Just read my comment again and you'll understand.

That is pathetic.

I wish you and all of us, that this dream will come true one day. I often forget what I dreamed in the night.And I never dreamed about Bitcoin.

And what about the next 10 years after the first ten 10 years?
And say never ever!!
No one knows what future will bring us.

For the next 20 years, the price could be $300k. It depends on the adoption of bticoin and it is used in actual transactions.

I guess you read Rpietila analysis before you sleep. :D
Is 300.000$ possible? Maybe 10-15 years later.

a few months back i also had a dream that bitcoin was at over $1000 again. i sold a few coins and was very happy untill i woke up and see the price is nowhere near the $1000  :D

Woot, and that's when hyperinflation started to exhibit in fiat. By that time we reach even a hundred thousand per coin, bitcoin wouldn't need to be converted to fiat as it will be the medium to be used in paying for different things.

There should be bitcoin investments to see that kind of prices.
Currently it seems nearly impossible (actually it is possible but we are too far away from that point). Noone knows what future is gonna give to us.

 After crash in 1929 many people become milionaires but in paper,i remmber time in my  life like1990 when i was paying 60000 for packet of cigarettes,when in Italywas his lira cup of cofee was like1000 lira,so same may happen with dollar believe or not,thattimebtc price will skyrocket in dollar and  in any currency,becouse it will cause global financial crash,anything may happen in that mas world

Not necessary for bitcoin investments to see that kind of prices. If bitcoin is widely adopted, meaning used. The price of bitcoin can be very high, like $300k or even higher.