Bitcoin Forum

Economy => Speculation => Topic started by: DOGE12321 on February 10, 2016, 11:15:37 PM



Title: market cap of bitcoin in 2050
Post by: DOGE12321 on February 10, 2016, 11:15:37 PM
Hey guys. What would be a reasonable market-cap for bitcoin in 2050? At the moment, the market cap is  about 6 billion US dollars. what do you think? :) :) :)


Title: Re: market cap of bitcoin in 2050
Post by: RocketSingh on February 10, 2016, 11:17:59 PM
50% of the online gambling industry + 50% of the global remittance industry. So, I think, it would be more than 1 trillion US dollar.


Title: Re: market cap of bitcoin in 2050
Post by: kevinjulio on February 10, 2016, 11:21:43 PM
Hey guys. What would be a reasonable market-cap for bitcoin in 2050? At the moment, the market cap is  about 6 billion US dollars. what do you think? :) :) :)
you talk marketcap in 2050 and I think that year was too far away to predict marketcap.


Title: Re: market cap of bitcoin in 2050
Post by: 1Referee on February 10, 2016, 11:28:32 PM
You are asking us something that really no one knows. But if I have to make a guess about the comming 10 years then my rough guess will be around $60 billion, which is around 10x higher than the current market cap.


Title: Re: market cap of bitcoin in 2050
Post by: 7788bitcoin on February 10, 2016, 11:35:40 PM
My guess is either $0 or $10 trillions- very likely to be wrong...


Title: Re: market cap of bitcoin in 2050
Post by: DOGE12321 on February 10, 2016, 11:40:33 PM
50% of the online gambling industry + 50% of the global remittance industry. So, I think, it would be more than 1 trillion US dollar.
that would mean US$55555 PER COIN. I doubt if that is reasonable.


Title: Re: market cap of bitcoin in 2050
Post by: gentlemand on February 10, 2016, 11:54:59 PM
Five naked women of breeding age, one bale of toilet paper, two cases of shotgun shells, four doses of antibiotics. And that's pretty generous for some pure nostalgia.  


Title: Re: market cap of bitcoin in 2050
Post by: The Sceptical Chymist on February 11, 2016, 12:20:17 AM
Hey guys. What would be a reasonable market-cap for bitcoin in 2050? At the moment, the market cap is  about 6 billion US dollars. what do you think? :) :) :)
you talk marketcap in 2050 and I think that year was too far away to predict marketcap.
Agreed.  Try predicting bitcoin's market cap in even 5 years.  It's all just guesswork.  We could be living in caves fighting off fucking T1000s in 2050 with bitcoin just a distant, fond memory.  Or bitcoin could be buried by DOGE by then.  You wait.


Title: Re: market cap of bitcoin in 2050
Post by: DOGE12321 on February 11, 2016, 12:29:10 AM
You are asking us something that really no one knows. But if I have to make a guess about the comming 10 years then my rough guess will be around $60 billion, which is around 10x higher than the current market cap.
i think that 60 billion is still a little too high. I would stick with around 40 billion as the marketcap in 2050. Otherwise, it is also possible that bitcoin could come to a sad ending. you never know.


Title: Re: market cap of bitcoin in 2050
Post by: fuathan on February 11, 2016, 12:30:18 AM
Exponential rules!.. Maybe more than 1 trillion dollar!..


Title: Re: market cap of bitcoin in 2050
Post by: DOGE12321 on February 11, 2016, 12:31:37 AM
Hey guys. What would be a reasonable market-cap for bitcoin in 2050? At the moment, the market cap is  about 6 billion US dollars. what do you think? :) :) :)
you talk marketcap in 2050 and I think that year was too far away to predict marketcap.
Agreed.  Try predicting bitcoin's market cap in even 5 years.  It's all just guesswork.  We could be living in caves fighting off fucking T1000s in 2050 with bitcoin just a distant, fond memory.  Or bitcoin could be buried by DOGE by then.  You wait.
hey i did ask for what you think, not for the exact price. I know too that bitcoin could be overtaken by DOGE or any coin. Man, its the future.


Title: Re: market cap of bitcoin in 2050
Post by: DOGE12321 on February 11, 2016, 12:34:20 AM
Exponential rules!.. Maybe more than 1 trillion dollar!..
So what you are suggesting is that for each coin, it would be worth more than US$55555. i high doubt that is possible. like i suggested before, i think it would be about 40 billion as a market cap.


Title: Re: market cap of bitcoin in 2050
Post by: alani123 on February 11, 2016, 12:34:40 AM
There's no way to know even by an estimate. Bitcoin could have become or unused obsolete by that time. If it's still alive would it still be traded for FIAT? Some speculate that as the bitcoin economy matures, at some point there won't be need to calculate the price with a dollar medium. But I'd find that unlikely to happen, given that up to this point bitcoin has only received actual usage while it had significant monetary value calculated with a fiat medium.


Title: Re: market cap of bitcoin in 2050
Post by: gentlemand on February 11, 2016, 12:36:23 AM

So what you are suggesting is that for each coin, it would be worth more than US$55555. i high doubt that is possible. like i suggested before, i think it would be about 40 billion as a market cap.


An eight or so fold increase in three and a half decades for a potentially world changing financial system? You need to let your imagination off its leash for a little run.


Title: Re: market cap of bitcoin in 2050
Post by: biggus dickus on February 11, 2016, 12:56:21 AM
Five naked women of breeding age, one bale of toilet paper, two cases of shotgun shells, four doses of antibiotics. And that's pretty generous for some pure nostalgia.  

My guess is one big sack of soylent green, but it depends on whether we get an apocalypse or start farming people for food. If neither of those events happen then if Bitcoin isn't adapted to resist quantum computer attacks someone will hack it and crash the price to zero.


Title: Re: market cap of bitcoin in 2050
Post by: painedprism on February 11, 2016, 12:57:50 AM
My guess is either $0 or $10 trillions- very likely to be wrong...
very very likely to be wrong. its impossible to have a market cap of 10 trillion. However, 0$ is kinda reasonable. Who knows. Bitcoin may be out of existence by 2050.


Title: Re: market cap of bitcoin in 2050
Post by: Amph on February 11, 2016, 07:34:31 AM
dunno, but all i know is that the market cap of bitcoin need to be x10 higher by 2028, for the less reward that the miners will get, by 2050 it can remain the same or skyrocket to 10k, then the miners will not need anymore value out of bitcoin to sustain the network

so everythign else is just pure demand dreaming


Title: Re: market cap of bitcoin in 2050
Post by: 1Referee on February 11, 2016, 09:14:39 AM
You are asking us something that really no one knows. But if I have to make a guess about the comming 10 years then my rough guess will be around $60 billion, which is around 10x higher than the current market cap.
i think that 60 billion is still a little too high. I would stick with around 40 billion as the marketcap in 2050. Otherwise, it is also possible that bitcoin could come to a sad ending. you never know.


Everything is possible, yes. But I surely believe Bitcoin will be one of the main investment tools alongside stocks and precious metals. If that turns out to be reality, then prepare for at least $100 billion as market cap. My $60 billion guess is just when things go as they are now with from time to time some good news and decent innovations.


Title: Re: market cap of bitcoin in 2050
Post by: RustyNoman on February 11, 2016, 09:39:32 AM
My guess is either $0 or $10 trillions- very likely to be wrong...

That could be right. If the bitcoin does not die at that time. It will be very big. It is in every part of human life.


Title: Re: market cap of bitcoin in 2050
Post by: jamalaezaz on February 11, 2016, 11:45:35 AM
I can't imagine about 2050. It to far away.. we should think about our present..


Title: Re: market cap of bitcoin in 2050
Post by: valta4065 on February 11, 2016, 12:01:13 PM
Hey guys. What would be a reasonable market-cap for bitcoin in 2050? At the moment, the market cap is  about 6 billion US dollars. what do you think? :) :) :)

2050? Dude it's just too far away!

In 2050 the USD might no longer exist after a crash of the USA! In 2050 it will be maybe something else and maybe btc will have disappeared!

It's just too far ^^


Title: Re: market cap of bitcoin in 2050
Post by: gkv9 on February 11, 2016, 07:58:40 PM
The most important thing we should consider here must be: Will BTC be used in 2050???
Will it be stretched till that year???
If yes, then I guess the cap cannot be imagined as it will take over all the currencies IMHO...


Title: Re: market cap of bitcoin in 2050
Post by: crairezx20 on February 11, 2016, 08:18:19 PM
In 2050 the price of the bitcoin will be rise above 10k value of the bitcoin and then hash power i think with new powerful asic miner made by ant miner i think the minimum hash is next to tera hash... and i think difficulty more high.


Title: Re: market cap of bitcoin in 2050
Post by: mirana12345 on February 11, 2016, 10:55:30 PM
By that year, USD will lose so much in value due to inflation, that with the current progress alone that bitcoin is making, it would be valued higher than
you could ever imagine. That is, if they don't find a way til then to divide us as community before. By 2050, talking about million dollar per coin is quite possible.


Title: Re: market cap of bitcoin in 2050
Post by: DrLove2048 on February 12, 2016, 02:41:34 AM
It will either be 0 or an insanely high number (think trillions)

It's the only way it can be really


Title: Re: market cap of bitcoin in 2050
Post by: RustyNoman on February 12, 2016, 10:49:54 AM
It will either be 0 or an insanely high number (think trillions)

It's the only way it can be really

If Bitcoin survives until then, it must be very well known and widely adopted. It will be the world reserve currency. So the price will be high.


Title: Re: market cap of bitcoin in 2050
Post by: Altynbekova on February 12, 2016, 11:54:29 AM
It will either be 0 or an insanely high number (think trillions)

It's the only way it can be really

If Bitcoin survives until then, it must be very well known and widely adopted. It will be the world reserve currency. So the price will be high.

Honestly I hope it will survive, but I don't think so. The model can't be sustained for this long of a period. Either their will be a new age crypto coin.
Or some other new innovative thing. Or the World will be not more...


Title: Re: market cap of bitcoin in 2050
Post by: Khazeter on February 25, 2016, 03:00:34 PM
2050 is 34 years away from now. If the bitcoin price double every two years, it is be 2^17 of present value, The price will be 40-0*130,000 = 52 million dollar each.


Title: Re: market cap of bitcoin in 2050
Post by: RustyNoman on February 26, 2016, 08:07:46 AM
If the bitcoin market cap is 10% of the gold market cap, or $730 billion  the price will be $35,000 each.


Title: Re: market cap of bitcoin in 2050
Post by: 1Referee on February 26, 2016, 09:05:29 AM
If the bitcoin market cap is 10% of the gold market cap, or $730 billion  the price will be $35,000 each.

This will only be possible if the price reaches an insane all time high. We need all kind of institutional investors to use Bitcoin as store of wealth, etc. I am already happy if we manage to see Bitcoin have 1% of the total market cap of Gold within 5-10 years.


Title: Re: market cap of bitcoin in 2050
Post by: RustyNoman on March 01, 2016, 02:03:21 PM
If the bitcoin market cap is 10% of the gold market cap, or $730 billion  the price will be $35,000 each.

This will only be possible if the price reaches an insane all time high. We need all kind of institutional investors to use Bitcoin as store of wealth, etc. I am already happy if we manage to see Bitcoin have 1% of the total market cap of Gold within 5-10 years.

1% of gold value or $3,500 each should be quite easy to reach in about 5 to 10 years. That depends on the usage.