Bitcoin Forum

There have been plenty of discussions from time to time on the price speculation of Bitcoin. Where do you guys see the price of one Bitcoin in the years to come? Most importantly, why? How would Bitcoin work? Bitcoin can not exist independently without any other currency, because then where do you derive its value? Imagine Bitcoin though is adopted worldwide, as a popular secondary means of processing transactions. What should the value be of a Bitcoin if literally every person who owned a bank account and debit and credit cards also used Bitcoin wallets and bitcoins daily.

My theory is that the value of a Bitcoin needs to be the sum of all the value of money that exists in the world divided by 21 million bitcoins then adjusted to market price.

Why is Bitcoin priced at what it is today and what is its maximum potential to be valued at?

Bitcoin's current price is what someone is willing to pay to someone willing to sell. Facetious but true. A vast amount of the price is pure speculation but you can say the same about a huge amount of things including gold. It really doesn't have a great deal of adoption or utility at present and I think people have a tendency to overestimate it.

As for it replacing all of the money in the world, er, no. Governments will always want to control their currency and they can enforce its usage by paying out in it and demanding tax back in it.

Even if Bitcoin was taken to the hearts of populations, a huge amount of GDP would remain in the national currencies.

As for future valuations? I think $10,000 is quite possible. Not alot would need to change for that to happen. Bitcoin would be large but still niche. $100,000 and more would take a big shift in how much of the world views it and that's going to take decades or more. 

Sure bitcoin can have a value independently of all fiats.
I can pay employees their wages and it becomes the value of hour of work * amount of bitcoin.
Lets say you work 1 hour, and I pay you .02 BTC for that hour. It would be the equivalent of ~$11/hr. Now it doesn't need that usd comparison, but it helps here. Then negotiations can happen to get .025 or whatever your skill may be worth. In a system where wholesalers are paid in btc, their employees are paid in btc and they can then pay their bills in btc, you no longer need the conversion rate, and the value is whatever someone is willing to trade for it. Whether it be hours of their life, chickens on their farm or bj's from the lady of the night.  ;)

That's the thing that I think is holding bitcoin down people think of its value in fiat not on its own, I ask someone how much bitcoins you have and he says $124 !! I say what the hell, when I ask about how much bitcoins you have I mean you to say 0.12 or 0.5 bitcoin, people don't think of bitcoin as its own value but how much it is in fiat and that needs to change.

Well, initially, it is needed. A fiat value comparison gets a bearing on the value, but eventually, you can get away all together.

Bitcoin for now is like subsidiary currency. Fiats are dominating and it is only possible to view bitcoin price in direct comparison to them.
But bitcoin is much more that simple paper money. It can be used in many ways, for example to store important information in the blockchain.
This feature alone, if used correctly and with plan will made 1 BTC worth more than $10.000.

It will take several decades for the bitcoin to be used a major currency. In the mean while, there should be more developments.

sooner government will be realize that bitcoin have more benefits for many people, and they will integrate their bank system with bitcoin and blockchain technology. i see that bitcoin can be one currency that can united all country with one currency, no matter where you are, where you live, you can use bitcoin in anywhere.

thats true, but it is definitely possible, in my opinion in several decades countries from around the world might be using it as an official currency

It's true about blockchain being used by banks, but you are crazy if you think Bitcoin will be the one they use. Banks and gov will never give up their power over the system. They will more likely fork the coin that suits them best and centralize it.

Bitcoin can't scale to anywhere near the mass adoption you are talking about, so there's that...

Why do you think it can not scale and be used in mass adoption? You really think it will take decades for cryptocurrencies to become mainstream and worldwide?

It is hard to predict real value or good stable value/price of bitcoin and also hard to predict what will be price over time. But bitcoin price is determined  by supply of bitcoin and demand of bitcoin worldwide. But sometime there are many events that could significantly manipulate/swing market price of bitcoin.

Do some research on bitcoin scaling. Your second question contains an assumption of what I think that makes no sense, as it is much broader than whether bitcoin can scale.

if anyone asked about the potential bitcoin, especially regarding price, I think it indefinitely. bitcoin prices would always rise at a fantastic price, and it will make more people interested. so the price of bitcoin will increase, and that is certainly the bitcoin system development still remain to be done, and it will certainly be something extraordinary in the future

but you did that math because you know its value in fiat, would be curious to not know it, to see how much are people willing to estiamte bitcoin on tis own

Yes, that's the caveat there. It would require someone who desired BTC for it's properties and doesn't already know the usd value.

I think it would take north of $50k each to get into territory that would actually surprise me..

If it never gets to $10k in 10 years I'd be more surprised than if it got to $40k..

The potential is insanely high. Multiple million dollars per coin (inflation adjusted) once money from all fronts enters BTC. This is why having 21 BTC is a must for long term.

First of all, I think your idea of every person who has a bank account would also own bitcoin is highly unlikely. There are tons of technology haters out there, doubters, and people who thinks that every single thing on the Internet is a scam. Bitcoin has a really bad name when it comes to the social media, so people already thinks that Bitcoins are used for fraud purposes. They don't see its advantages.

The price of bitcoin is basically demand and supply. If the majority of people start to embrace bitcoins, then bitcoin's price will shoot up. The scarcity is what makes bitcoin valuable after all. The idea of crypto-currency has an infinite potential, there are tons of things that can make use of bitcoins. We just don't have the technology for it just yet.

When you adjust for the inflation, the bitcoin price will be very high. The money printing will devalue the dollar quite a lot.

As the user number of the bitcoin grow in the next few years, I think the bitcoin price could rise 40 to 80% a year.

That's exactly what is making me go into bitcoin. Traditional money is controlled by institutions, bitcoins however make it unique and uncontrollable by 1 entity.
Potential or not, it makes bitcoin unique and very promosing, compared to other currencies.

80% is too much, this mean that by the time we are at the next halving the price will be above 3000, i can not see this imho, it will be much lower than that

If you think as easy as it only refers to the total value divided by 21 million bitcoin, then why bill gates did not buy all bitcoin available on the market but I see that the potential bitcoin is very bright as bright as the sky clouds your doorstep or as beautiful as your neighbor's lawn.

I don't understand how about 21 million bitcoin. However I am definitely bitcoin is a very potential currency and it will be something very valuable in the future. because the bitcoin is unique and different from other currencies and also it gives us something extraordinary. Just waiting for everyone to realize that, after that the price will be very good bitcoin

I am not able to get you bro. What you mean by traditional money. Fiat's are control reserve banks by the every government and bitcoin is the decentralized currency which can able work and move through block to any bitcoin addresses that's it.

Nobody knows true potential of bitcoins. We can only guess how big can it grow, and how spread will it be. I understand sometimes how many optimistic people there is here, I'm one of them, and we really have big faith in blockchain and bitcoin. For me those two things are connected and there is no one without another one.
True potential of bit coins is probably world domination, where bitcoin can take throne and other alt coins can be soldiers. I see bit coin in future, where technology have primate over the other fiat currencies.
Time will tell was I right or not, for now my thinking have logic and sense.

I would like to correct something. True potential of bitcoin is enormous. We already know pretty much all of it now. We can add potential uses and speculate on what blockchain can even more helpful.
But the real problem is that people might not recognize that potential at all. The worst scenario - Bitcoin will be used by geeks in limited scale, will be forgotten.
And in 50 years or so will re-emerge as 'new concept' and it will be major hit, because then society will be ready for digital currency.

that is why it is called "potential" not something else.
potential is something that is there but not yet found. and this is true about bitcoin that it has a great future and usage for itself but it is not yet found by people and businesse which are slowlyr ealizing that.

I respectfully disagree.  
One scenario is the currency collapse, which could happen overnight.  Heck, the 2007 bank housing crisis $trillion bailout was to stop a financial collapse ending in all ATMs from working within just hours.  (Is it not curious that Bitcoin was created shortly thereafter?)
As such, Bitcoin might be the only currency left to carry out ANY transactions, from grocery store to buying gas, and at that moment each Bitcoin would be worth literally $millions in today's dollars.  

Look what is going on; negative interest rates on the horizon, demise of the petrodollar and the rise of the BRICs nations removing the dollar as reserve currency, Chinese yuan being gold backed (in its latest version),,, this might not take decades.  

It may be less than weeks when SHTF, and then we will be the whales!

yes it is right to say that we cannot predict the value of bitcoin. as there is a lot of fluctuation in the market price of bitcoin, some time a good news can increase the price of bitcoin very high, while other time its value of bitcoin is effecting badly after the band news like hacking of bitfinex.

While all that remains a possibility, I kind of think those are the worst case scenarios. IMO something would have already been done before the situation even comes to that.

potential for sure but i dont think the bitcoin will have a bright future because everyone is telling me it will die blabla and most of the peole are dumping them right now why is that can someone tell me,

i think they will do some adjustment, the banks and government will adopt bitcoin on certain conditions, the banks will do some amendment like they will create online wallets for bitcoin or any other crypto currency, the government will impose some taxes on bitcoin and will apply some other rules which they consider in their favour.

It might happen, in my opinion the anonymous nature of bitcoin is the one which makes it to be used and generated in a limited scale. At the same as mentioned re-emerging happens if bitcoin and other digital currencies completely gets vanished due to the intervention of governments or any other governing authority of the network.

Everyone is doing it all because they want to foster a passion in order to be able to get a lot of bitcoin. Fuck the words everyone!! . Because all the people was not meant for me. If I say that bitcoin is going to be better then I would still find a way to get a lot of bitcoin bitcoin and prove that it's going to be great or have a good future

Actually people use bitcoin like fiat more and more everyday so the fact that people may be comparing it to cash is no longer valid. People are actually already using bitcoin like actual fiats so we are kind of past that point already. The true potential of bitcoin is being unveiled slowly.

Actually the people are seeing that everyone who is dumping are very ignorant. No one is dumping intentional like we do see in altcoin markets its just market fluctuations. It’s been steady above $500 price levels for a considerably long time now. Bitcoin is predicted to rise about $1000 levels at least next year. Then we can see the true potential of bitcoins.

i see it higher than this.
there has been a good and steady growth when you look at the charts for "all". and this rise has not stopped yet.


because of more adoption.
more and more people get to know bitcoin and start using it. there is always a new business or a merchant who starts accepting bitcoin which helps the adoption.
more adoption, more demand , higher price


everything is that way in the world, they take their price from another thing, mostly currency! so i don't understand this part!


this can an can't happen at the same time. because bitcoin has the potential to get there but the government and banks may never allow that to happen if they feel threatened.


that is one of putting it.
but i think the maximum is what people are willing to pay for it. so if they are willing to pay $570 for one bitcoin it would be worth $570 and if they are willing to pay a million it would be worth a million

The value can also be a function of demand. What I mean is that if there is some good news that makes people panic buy, the price could spike higher than is should be worth just because of that temporary demand.

Several decades from now, the world will be using government issued digital currencies... watch out.

Not sure what Bitcoin true potential is because to be real I do not pay any attention to that, I am only here to make some more money and noting else.
I know that people say that Bitcoin is going to take over the world but we have yet to see what will happen.

to me there is too much potential in the price of bitcoin, my personal view is that the price of bitcoin will start increasing, therefore it is a good time to invest in bitcoin in present time, and it will be really a good decision.

eventually you will pay attention to it when your earnings went down or went up. bitcoin's potential is limitless and when one day we'll see that the known merchants that don't accepts it for now will start to consider bitcoin, you'd be happen to see how much you've earned while you are here in the forum.

Or society will rebel against economic dictatorship and parasitic taxation also unclear way money are created is causing problems.
And cure for that could be bitcoin or something that will evolve from it - a decentralized global monetary system with full transparency.

I don't know about the whole world, but america has an M2 money supply of roughly 13 trillion right now (12.8 ) and growing by 100 billion a month.

According to one source (http://money.visualcapitalist.com/all-of-the-worlds-money-and-markets-in-one-visualization/) it's about 81 trillion. Which sounds about right.      

If you'd divide that by 21 million, that would mean $3,857,142.85 per bitcoin.        

If you divide that by the ~15.2 million bitcoin that are currently in circulation, that'd be $5,328,947.36 per bitcoin.      

Also keep in mind, and I have said this many times but it can't be said often enough. There's only ever going to be 21 million bitcoins, but there's over 7 billion humans in the world. Which means
 that everyone will only ever have less than 0.003 BTC (3 mBTC) bitcoin on average. If you hold any more than this, you'll be considered above average rich.      

But, the world population grows a lot, so actually it's even better. In 2035 it's expected we have a world population of about 8.6 billion, so the average amount of bitcoin people would have then would be about 0.00232 BTC or 2.32 mBTC per person.

You should really stop counting in BTC and start counting in mBTC or even µBTC because a mBTC would be about the entire networth of most people



it can, it just takes time.

they kept saying the same about the internet. The internet can't scale for images, the internet can't scale for moving images, the internet can't scale for HD video, the internet can't scale for streaming.    

And yet, here we are.

I agree with this. With the next release of the Core Client with the block size increase, the price of bitcoin will rise further.

yes it is a fact, actually bitcoin is not yet full introduce to people, most of the people have no idea about this that what is bitcoin and a lot of people even have not yet hear the name of bitcoin, therefore it will take decade to fully introduce among the people.

yes it is a fact, actually bitcoin is not yet full introduce to people, most of the people have no idea about this that what is bitcoin and a lot of people even have not yet hear the name of bitcoin, therefore it will take decade to fully introduce among the people.

I think the true potential is as much as people invest into it. The more people that invest the more potential is has but I can't predict how many people will invest.
So what I think is everybody with 10+ btc right now will be living very comfortably if bitcoin gets mass adopted. But if it doesn't it will just stay like this unstable currency.

yeah but they need a reason to invest into it, and reason are better development for bitcoin core, and better exchange that do not let hacker go in like nothing, better trust and regulation will make people more willing to invest

I am quite confident that bitcoin will slowly get mass adoption and price will sky rocket. But this may take few decades so better to hold whatever we can for our future or for our kids futures.

The price of bitcoin is basically demand and supply. If the majority of people start to embrace bitcoins, then bitcoin's price will shoot up. The scarcity is what makes bitcoin valuable after all. The idea of crypto-currency has an infinite potential, there are tons of things that can make use of bitcoins. We just don't have the population using bitcoin for it just yet

I wish the same It should happen in future with grace of God. I wish bitcoin to become the world's best stock and who have the bitcoins they should be multi millionaire in future. USA should change currency to btc and they should accepts bitcoin as the national currency. This all happen because of the one word. The future money. BITCOIN:)

Bitcoin has the growing potential compared to most other digital currencies that have got existed from the days of digital currency existence. Possibly over the falling years will experience a good rise.

it may takes decades,but also depend on how people are adopting the technology as you can see so many 3rd world country's people are still lack of technology even bitcoin could potentially helping their economy even a little,maybe because they can't afford to buy the following technologies so they lack of knowledge

im positively believe to that too mate as bitcoin already grown its popularity we will expect that the project will be speak to its own value bitcoin created as a currency and when the time came for more people to embrace the system bitcoin can be a huge assets.

The bitcoin is getting more popular. It is indicated by the daily transaction. It has increased steadily over the years.

The bitcoin has potential high price to $ 2,000 per bitcoin in the next year . And therefore good to lay bitcoin while still relatively low prices . And the time to reach the price that many investors bitcoin will rejoice because they know they will earn big. So bitcoin have potential to reach that price of bitcoin.

What i think is that very few people use bitcoin as compared to Fiat, So if more people started using the bitcoin it can increase its demand so much that it price can rise which we cannot imagine. Thats the true potential for bitcoins.

True let us  say in my community, there are around 5,000 to 10,000 population but out of this population only 2 know bitcoin and I am the only one actively accumulating and spending bitcoin.  What if thiss 10,000 are actively using Bitcoin?  i bet this will bring more value to bitcoin that may bring more demand and thus increase in price.  So basically we haven't seen the true potential of bitcoin.

yes but they need an incentive to strat using it, and it's not speculation only, they need a very good reason to star using bitcoin en mass, and for now there is no kill app for bitcoin

Most if not all merchants accepting Bitcoin use services like bitpay which in most of those cases, convert directly to USD. The coins are bought and sold so the net effect is zero (or close to it). What's even worse is that many people who are spending them are people that didn't buy recently or with the intention to spend them immediately so this group creates a downward pressure when spending. When I spend coins, I make sure to only spend coins that are well in profit

In 2012, the first halving took place. I never found out about it at the time, and I wish I did. One year later, the price went +$1050 up, which meant over 100x the 2012 price. Now we're looking at a $610/BTC price. The halving took place this year.. let's hope the history repeats once again. 100x$610 means.. $61k. Let's hope for the best!!!!

Exponential increases also require exponentially more money to reoccur. Say it took $200M to make the 2013 bubble. Now think about another 100x that.... That is a lot of eyeopening! Better start telling people now ;) Unfortunately, much of the world has heard of Bitcoin by now (whether or not they actively pursued it or even took the time to learn about it). People are going to need a bigger threat to their money for Bitcoin to grow like that again. A slow steady rise is more likely than a 7 week rally to $61k. As more people become aware/threatened to seek alternative means of saving/purchasing, money will trickle in. This could take another 10 years or more. It really depends on how fast nations' govs can scare people out of their national fiats.

bitcoin potential the best investment
becasue use trading in very fast growth capital money

Bitcoins are true potential because yuou need to be sure that people will use them in the future if they dont use bitcoins in the future you can better stop dealing with it!

When someone wants to invest in ICO of othercoins the first thing that goes on our minds is to buy/invest through bitcoin.

And based only on this I think that bitcoin has the potential to survive longer than any of the altcoins and has potential to be available in the real life too.

That's no problem since the network effect means that adaptation will be exponential, and therefore the money coming in will also grow exponentially (until of course adaptation slows down, because there aren't infinite people).   

But since not nearly even 0.1% of humanity is using bitcoin right now, we should be fine for a while still.

By what metric can adoption be measured with any amount of certainty, though? It's not as simple as saying that because I tell two people and they each tell two people...etc that they would all have any interest in Bitcoin. I would argue that just like EW works on price, it works similarly on adoption and it is possible that adoption is in a lull in its growth, or a plateau after the last growth phase as a sort of sideways correction. I doubt that everyone you or I remember from a few years ago still hold the same desire that they once did. Many, sure, but not each and every last one. If that's the case, it is also possible that the exponential growth would start back a few clicks. Not necessarily square one, but not right back into full-on FOMO driven panic. At least not for a little while.

Bitcoin has got the best potential, but only a few have understood it and started investing in it. When years pass users will know more of it and get into the digital currency usage.

Bitcoin has an unlimited potential but if Bitcoin is going to be able to show us that is still unknown because many things can come in the way of bitcoin.
Like a other company taking over Bitcoin or Bitcoin in general just dying, we have to see for our selves what will happen.

Not unlimited it has only a potencial to grow more in the future.bitcoin still not so popular and i think it needs more adoption so  that more people will know about bitcoin.. For now we are just 10% of users worldwide and i hope we will increase more even 3% next year..

There are very few users of the bitcoin at the moment. I mean the active users. When it reaches several millions, the price will be much higher.

I think base money is much better to compare value with than M2, since Bitcoin will also have banking/lending like practices , just like fiat.
Of course bitcoin could also eat a significant chunk of the bond and gold markets as a savings vehicle.  I am not 100% sure on the bonds markets, but I think that can just be calculated at face value, which would be pretty fucking huge.

Nobody can really tell what bitcoin's potential is. It's all guess at this point. Sure we bitcoiners estimate the potential very high since we know how the protocol works. But even then to tell what the real potential is in terms of money, is hard to say. Let's just hope it get adopted by the masses and we will see a realistic price of bitcoin.

Nakamoto made the bitcoin to get value over time, while the mine keeps running, after the mine ends it will be the demand and supply that should rule the value of bitcoin, atleast at the moment no ones knows how to handle the question of the last coin mined and what will happen with the hash that makes bitcoin safe.

miners will get subsidized by transactions fees only

bitcoin is true potentian investment
with bitcoin very fast grow your money
you can trading bitcoin with 2 pair, pair fiat money and pair altcoin

Do you want to see Bitcoin True Potential? Just wait for next global economic crisis and every bank lover will be buying Bitcoin then.

Deutsche Bank is in trouble and most likely will fall - this would probably bring upon Europe crisis.

Today's scenario is awfully similar to what happened in 2008 after Lehman Brothers fell.

I think the true potential of bitcoin will be to reach the value over 5k and for it to be accepted globally in any shop.
This is ofcourse a big goal but that's the true potential for bitcoin and it could take very long to reach this point if ever.

even if we someday see bitcoin accepted only on the internet, meaning all the shops that have a website and are selling through there start accepting bitcoin, then the price will go to the moon. the 5K$ is just the start of it all.

Bitcoins true potential is very high that's for sure we just have to wait it out and see if it's possible for it to reach it.
We as community can not do much except spread the word about bitcoin and keep the coins in a circulative motion by spending and earning.

Bitcoin price is based on the fiat currency USD.  Its price is unpredictable but we cannot deny the fact that after about less than a decade its become a big thing in the market.  Its price right now gone low compared to its price before but still the price of 1 btc is enough to cover my whole month expenses.  It is bigger in my salary as of today.

But we can make 16000 btc level amount only in mining after halving. So we had some demand and price value for the bitcoin around world wide. Most of the people will need bitcoin to centralized to use to easily. Even I .

provide knowledge about bitcoin toward others can create bitcoin price increases. because more and more people using bitcoin. bitcoin availability in the market will be increasingly in demand by all people.

16000? where you have found this number? the current halving is 1800 coins produced per day, not 16000 lol, and in the next one will be 900, and it has nothing to do with the value of bitcoin, this is already known

Bitcoin derives its value form being an Internet currency, fast and reliable against fiat transactions, slow and troublesome. In this fashion, it can exist without any other currency alongside. In my view, it would work even better in the latter case.

Also, as previous posters have noted, much of its value comes from speculation, why then it can't be said that it derives its value from speculation as well? Maybe, it's not the best way of using it, but it is still a far cry from claiming that it wouldn't exist if every person started to use bitcoins on a daily basis.

It's funny that so many people appear to be confused by this and claim that bitcoin derives its value from USD.  No, if you want to quantify something and put a number on it, you compare it (express it as a ratio) to something else of which you know the value.  Like if you want to express someone's body height in numbers you can say it is six times a foot, or 200 times a centimeter and so on.  Claiming that if the centimeter didn't exist, this person would have no height is nonsensical.

I observed that too, many are confused about where bitcoin value is derive from.  well maybe because most people roaming in here are just kids or young adults that has not  yet seen the reality of the world.  And most are non english speaking  in nature  so they are having trouble with the terms itself.  Even I have some though i tried to google it first to know what is the meaning of such word or is it appropriate for the statement.  And I agree that  most think that people get its value from   USD lol, which is not.

Mainstream economist Bill Gross (bond king) talks about bitcoin, etc.
Quite amazing and sobering outlook. Not sure what to do at this juncture as far as my non-crypto assets are concerned.

https://www.janus.com/insights/bill-gross-investment-outlook

An excellent analogy! I hope you wouldn't mind me using it occasionally? I've seen quite a few people repeating that story again and again all over the place. It is like an epidemic really. Someone said something (maybe, as a joke) and a lot of people started to parrot back as though a profound wisdom had been revealed to them.


Your English isn't perfect either.

Other company taking over bitcoin ?  ???
I think you mean to say other altcoin taking over bitcoin but chance of this is really low as not many new coins will find it easy to get the big support like bitcoin have gained over few years. Community support really adds great value to any cryptocoin.

I think your non-crypto assets are fine since we live not only in crypto world but also in commodities needed by our body survival.

As for the bitcoin potential, considering the population of people involved, and the technical development of bitcoin being implemented,  Bitcoin true potential lies on the adoption of masses which really relies on the usage and integration of the coin.  If there is a platform where bitcoin can be easily access by all people with or without the internet then bitcoin true potential can be achieve.


What do you expect, he just admitted that his natural language is not english.

I don't think there can be such a thing as a max price for BTC. There is literally no peg, no connection to commodities (excluding electricity for mining maybe). Let's try to answer a more fundamental question: why is btc valued? Or why is USD or euro valued?
They are easy to pay with, they are liquid and they are known as (more or less) safe way of transaction of your values.
The problem is that nobody knows for sure to what extent we will need BTC or any other currency like USD in the future. It is all highly unpredictable.

All the new coins that are coming out and exist are garbage anyways, and a majority of them are just pumped and then dumped by whatever community they may have had, even if they are something that is actually slightly revolutionary. The community always has and will be a big part of a cryptocurrencies success, and a lot of people who explore altcoins simply don't care about the continuation of a currency and care more about a quick profit.

Thanks! Of course feel free to use it as often as you like  ;)

bitcoin does have a lot of potential but if it does not stay innovative it will lose to altcoins.

and currently it is losing a lot of market share to altcoins which is a very bad sign.

once lost, it will be nearly imposable to regain

There are lots of features that can increase the adoption of bitcoin significantly in future. Decentralized, anonymous, very low fee and fast irreversible transaction makes bitcoin superior in the field of payment processor. Price may grow exponentially in few years.

Deutsche Bank.... The German government may not directly save it, but may make some behind the scenes moves to ensure that it does not fail.
No government in the world wants a replay of the Lehman collapse.

Bitcoin's potential can never be predicted exactly. But when one understand its potential, then even if it falls people user won't leave because he know that sure bitcoin rises again. Possibly the price of bitcoin might get a standard value than going very high to $10000 and so on.

As you said bitcoins is unpredictable so we can't really know what will happen for it and what price will go so far, but aslong as bitcoin exist well high provabilities for us to earn more and this coin will surely got more acceptance for this incoming years as it counts. But $10000 is so huge amount for bitcoin to be reached since i don't see any trigger eventd that can make the coins price go soar for more.

Well, bitcoin is something big on the internet, and I think the potential of bitcoin until now has not seen, because I think bitcoin has great potential to become an international currency. besides bitcoin also be made in the fields of business for entrepreneurs who can see the potential of bitcoin. bitcoin has great potential, but I guess there is no limit on the potential of bitcoin

bitcoin has a big potential and until now, that bitcoin potensial is not show for full, only few percentage, because many government don't make any statement about bitcoin legacy. if government said bitcoin is legal, then the bitcoin potential will be show to many people and maybe bitcoin itself can be international currency like hawkins said. and yes, bitcoin potential has no limit in future, it could reach many country and many places and every people can used bitcoin for free.

Agreed

There are lots of plenty discussions time to time even in this forum there are always speculation on bitcoin , If the bitcoin gonna drop price into cheaper one so some people can buy there starting bitcoin in this year. Most of investors are choosing bitcoin not to gambling and because of the money that they could get to this. If we are going to imagine bitcoin it is already popular and lots of people are using it and there are always transaction are being made. There are lots of surprises.

The Bitcoin potentials are simply huge and have no limits , however we will never those potentials unless the Bitcoin development start to become more active and become faster (much faster). I'm not saying that the developers are not doing their job but probably more developers are needed.
As I said on several posts Bitcoin is currently on a race with Altcoins , from time to time a new altcoin come out with new things , If Bitcoin need to compete then It should go to the next level (Lightning network , SegWit and more)

yes i also agree with you, i think still there is so much potential in bitcoin, it is going to become more and and more popular as more and more people are entering in the world of bitcoin, therefore still there  is too much potential in bitcoin to grow.

It can be more popular in the future because bitcoin is growing daily and more people are discover the use of bitcoin..
So if you are newbie dont be lazy to collect more bitcoins or to invest your money in bitcoin because the price of bitcoin will be more valuable in the future.

As to me, the race is not so much between Bitcoin and other altcoins as between altcoins themselves. There were quite a few candidates that aimed to replace Bitcoin like Ripple or BitShares. They received a fair amount of attention in the press at their prime but eventually still fell out of the limelight. Where are they all now? Ether has been hyped a lot recently, but its popularity seems to have peaked already as well, and it is limping toward the door.

yes that is a fact tha we cannot predict about the potential, hope fiaisal will grow is position.

bitcoin is very potential investment
you can very fast grow your capital money, and use bitcoin to trading
trading bitcoin two option pair, bitcoin pair fiat money, or bitcoin pair altcoin

I think bitcoins true potential is way higher than we currently are at. I think for it to come out we need to globalize it more and it has to be used way more globally so that there is more demand for bitcoin causing the value to go up to its true potential.

Bitcoins ae really popular by the users and that is most of the time because lots of peopel are investing lots of money into the bitcoin so it is nothing strange because i know for sure that bitcoin will come far in this world for sure ! so dont stop using bitcoins people keep investing.

Bitcoins true potential is difficult to reach cause it requires a lot more people to be invested in bitcoin but it's hard to draw them there.
They are stuck to fiat cause they don't know any better which sucks cause bitcoin would be way advantageous for anybody out there over fiat.

yes might need everyone of us to have this in mind to help the progress the more adoption the more progress and rise up
we need to help by keep using it and allow more investors to join so we will able to see the real value of our assets.

Bitcoins are used very many this timese because the people who want to use bitcoins are also getting more and more. That is why the bitcoin is getting
full potential by everyone who want to use the bitcoin and that is good for the future.

This is right. The more users and adoption by merchants and stores Bitcoin is having, the more it will grow in value.
But that will take time and also requires technological progress compared to Bitcoin's actual status.
I think many of us here are hoping for Bitcoin being the coin used by hundreds of millions of people or even billions and therefore used all around the world 24/7.
Patience will be needed for that!And that means we are talking about many more years!

Bitcoins true potential is the potential that we still have to see happening, it will take a long time and bitcoin has to be stable and mass adopted.
Until then we will not see what bitcoin is truly worth for us, it can help out on a lot of problems if you think about it.

Off course are bitcoins a true potential becuase lots of people are using it right now and that amount is only growing you know lots of peopel are here because they started
to make money with the bitcoin ad that is the main reason for everyone.

Bitcoin true potential should be a goal to grow towards to that is what we are doing right now I suppose.
Once shops start to accept bitcoin globally is when we will have reached our true potential in my opinion.

Bitcoins are getting a true potential becuase so many people are using the bitcoins and that amount is growing so fast we cant do anything about it and most of the users
for now are to stupid to use it.

See Bitcoin is still in its early stage.Its true potential has not yet been revealed.Bitcoin price is expected to cross $1000 dollars by june 2017.Its price would rise much higher in future.Bitcoin would be accepted by governments all over the world.

yes you can see a lot of people here whose first language is not English, as my first Language is not English, My  first language is PASHTO, but still we try our best to use some good English so as to be easily understand, but i think those whose first language is English they should kindly ignore our mistake.

Nope, they must correct us.  I'm into constructive criticism.  If we are wrong and no one will correct us, then we will be doing those wrong things again and again.  It is better to correct us to improve ourselves.  People who correct the mistake without offending them are good people, and I salute them.

Many people are using the bitcoin. But not enough. There are fewer than 1 million people uisng at the moment.

The reason for that is that bitcoin's potential is not known to the masses. Most of them are busy with their daily things and don't even know about bitcoin. The moment the masses know about bitcon you will see it will be used by many people.

to me the true potential of bitcoin is above 12oo USD, i am hopeful that in next few months the price of bitcoin is going to increase so high.

Bitcoins true potential is to go to the moon with the price when the halving happens in 2020 and I am hoping it will still be as alive as today by then.
Saving up a lot of bitcoins for the next halving and if you don't you'll regret it for sure!

Bitcoins true potential will not be reached I think because for it to be reached we need more advertisement so shops will be interested too into seeing the options they have with bitcoin and having it as payment option is free advertisement towards customers.

i personally don't think merchant acceptance will do much for the price. especially because of the fact that they use a payment service such as bitpay to convert everything to fiat in an instant. i think it will be a much better thing that we try to attract more wealthy individuals that will use bitcoin as a store of value tool. that's how we can impact the price significantly.

Getting wealthy/institutional investors on board is indeed what gets the price to go up to unseen levels, but why would they jump into Bitcoin with exchanges being incompetent as they are? These people need a professional platform that is capable of handling multi millions, perhaps billions worth of money and coins. Trust in current exchanges is gone as they are being operated by amateurs that might turn into thieves at some point.

We can't predict like that if we can't see the acceptance has been done, and your thoughs have point but we cannot take out the possibilities really that their is a high chance for bitcoin to soar if massive stores acceptance and increasing of users will implement, since it can raise the demand for bitcoin, remember the higher the demand the more price it pump and the proof of that is the halving event done from the past since by the said event it rise the demand for bitcoins.

I am very confident that bitcoin could be a very good financial media in the future. even now plenty of people Who use bitcoin. the conclusion that when more and more users bitcoin then will be the greater the price of bitcoin.

Bitcoins are getting a true potential and that is most of the times only becuase they know exactly what they do with their coins you know lots of people dont know waht to do with the coins.

which is correct the person knows how it works will have many advantage to see the real potential of btc but for those who doesn't have they are just speculating.

I have to challenge this point. Even if merchants instantly convert paid bitcoins into fiat, that still doesn't in the least change the fact that they price their merchandise in Bitcoin. So people seeing the price of goods denominated in bitcoins may possibly get interested in Bitcoin which may, in its turn, contribute to the expansion of Bitcoin user base...

I think we shouldn't totally neglect the positive effect of this

I don't think that Bitcoin really depends on other currencies. Even if there was only Bitcoin and no other currency in the world (which is absolutely impossible) it could still work as money. People would use it in their everyday life and it will be totally okay till there comes time of crisis. A war, for example. And then people will return to barter and no money will be needed at all, because they won't need it.

but i think there is nothing so much difficult to know about bitcoin or to learn it, i think it is just a simple investment  and any one can do it so easily and it do not need any special knowledge.

to me the bitcoin true potential is above 1200USD at the end of the 2016 or just in the starting months of 2017. to me bitcoin price will really increase in next few months.

Well, if that happens I think is very good. but I guess bitcoin still have greater potential than that. bticoin price may reach $ 10,000, but I guess for now, this potential has not been seen, but I am pretty sure that potential that bitcoin has a great price right there

I think that the bitcoin true potential can not be reached unless if a lot merchants stat to accept bitcoin so that we can get more adopted globally and more people start to use bitcoin as an actual currency.

Bitcoins true potential is to have such a high value per coin that it's not even realistic to say it but having a potential doesn't mean you WILL reach it though.
It's highly unlikely that we will see higher prices than 2k per coin while it could potentially be higher.

Why would that be highly unlikely? That will probably be reached right before the next halving because of speculators alone, don't even mention the increase of internet users in Africa and the fact that newer generations grow up with technology and older generations that didn't are slowly dying.