Bitcoin Forum

I believe everyone will love this speculation. Read on this here : https://www.cryptocoinsnews.com/bitcoin-price-hit-500000-2030-says-snapchats-first-investor

They are not just throwing blind balls but come with solid evidences to support their speculation.

Usually both positive and negative speculations will occur quicker than expected. We may speculate price levels some what accurately but not the time frame. So, time of 2030 may  shrink to 2025 too, what you think ?

bitcoin isnt for mobile small transaction based activities. Its a store of value. 5% of the world population because more mobile phones? Nah. Sry I want to believe but this is going to far. We cant expect an infinite exponential growth for 13 years to come. Everyone who thinks that will get burned eventually. Name 1 thing that you can compare with bitcoin that has a exponential growth for 13 years? Thats right : none. Anyway I believe in Bitcoin but 500 000 USD? Nah

I dont think so, bitcoin will be a good price, but not 500k $ per btc...

+1 I am worried about this part of the community. Because of this we have pumps and dumps. Unrealistic expetations+ FUD people that think that we go to 0.

They're making a lot of silly assumptions.

"From 2013 to 2017, the network grew from 120,000 users to 6.5 million users, nearly a 54-fold gain. Such growth would produce 400 million users in 2030."

That's one of them. That reminds of the cartoon about infinite husbands based on future projection.

And I don't believe there will ever be a Bitcoin ETF.

Well i don't think that it could be possible, bitcoin couldn't reach half a million dollars by the year 2030 . It would be a very short time for bitcoin to go on that stage even if it become mainstream I guess . Maybe bitcoin bitcoin would have so many changes on its price and half a million dollars would take a long journey .

Their rationale is based on significant assumptions and there's no logic or support as to why these assumptions are valid. Let's look at their 6 assumptions and assign whether these are true/valid or completely speculative.

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Smith and Liew based their projection on the following model drivers.

(1) A $1,000 bitcoin price in 2017. TRUE.

(2) The bitcoin user network will grow 61 times through 2030. A population of bitcoin users comprising 5% of the world’s population in 2030 will drive the price to $500,000 in 2030. From 2013 to 2017, the network grew from 120,000 users to 6.5 million users, nearly a 54-fold gain. Such growth would produce 400 million users in 2030. SPECULATION - they're assuming that bitcoin user network grows at the same pace that it has for the last 4 years.

(3) The average bitcoin value per user will hit $25,000. When institutional investors cash in their bitcoins, bitcoin-based ETFs and trading by sophisticated investors will increase, pushing the average value to $25,000. With a current market cap of $17.4 billion and 6.5 million users, the average user now holds $2,515 of bitcoin. SPECULATION - logically it could happen, but it requires access to Wall St. And unless you were living in N. Korea, you know that the SEC said "no" to Bitcoin ETFs on Wall St. This makes it unlikely that this access will be gained in the future, since the issue the SEC had was lack of regulation over the Bitcoin market.

(4) The 2030 market cap is based on the number of bitcoin holders multiplied by the average held bitcoin value. SPECULATION - their future bitcoin value isn't based on any mathematical rationale.

(5) The cryptocurrency’s 2030 supply will be about 20 million. TRUE

(6)The 2030 price and user count will total $500,000 and 400 million, respectively. The price is determined by taking the $10 trillion market cap and dividing it by 20 million bitcoins, the fixed supply. IT's FUN TO DREAM.

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I hope this reality comes true, too. But right now there's too little evidence to make this speculation anything more than a pipe dream. Who's going to either regulate Bitcoin or convince the SEC that regulation isn't needed? Nobody.

We will take a look on some of the factors why they made such projections:

"Remittance transfers are one reason. Bitcoin transfers to foreign countries have nearly doubled in the past 15 years and account for 0.75% of GDP, according to the World Bank."

-No doubt the growth was great and expect that it will continously do so in the following years to come. Just imagined per year, bitcoin users are increasing in numbers and that will include the transaction between country to country.

"The growth of mobile transactions is another factor. Non-cash transactions will jump from 15% to 30% over the next decade as smartphone use increases. The total number of smartphone users is expected to reach 1 billion by 2020."

-Chances are high but we can't say that additional smartphone users will become a bitcoin enthusiast. Just today the numbers are pretty low compare to the whole users of smartphone that uses cryptocurrency.

These are also interesting ingsights:

"A $1,000 bitcoin price in 2017."

Eventually a start of the new journey to the moon in the upcoming years.

"The bitcoin user network will grow 61 times through 2030. A population of bitcoin users comprising 5% of the world’s population in 2030 will drive the price to $500,000 in 2030. From 2013 to 2017, the network grew from 120,000 users to 6.5 million users, nearly a 54-fold gain. Such growth would produce 400 million users in 2030."

It should and expected.

"The average bitcoin value per user will hit $25,000. When institutional investors cash in their bitcoins, bitcoin-based ETFs and trading by sophisticated investors will increase, pushing the average value to $25,000. With a current market cap of $17.4 billion and 6.5 million users, the average user now holds $2,515 of bitcoin."

"The 2030 market cap is based on the number of bitcoin holders multiplied by the average held bitcoin value."

"The cryptocurrency’s 2030 supply will be about 20 million."

"The 2030 price and user count will total $500,000 and 400 million, respectively. The price is determined by taking the $10 trillion market cap and dividing it by 20 million bitcoins, the fixed supply."

What a fearless forecast they have and really interesting to see that it will happen. :o What do other think of that?

Well if the price of bitcoins goes more than 4000$ at the end of this year .well we can say that the price of bitcoins may rise upto 50k $ at the end of 2030 .but it is very unlikely that it is going to happen as there are many factorrs that are causing the bitcoin price to not hike so much .

I would retire instantly if I was able to hold as much money as $500,000 in 10 years. I think most of us wouldn't still be at official retirement age, so that would me amazing.

But im confused about this thread title. It says "blockchain.info CEO", but the one that said this is the original snapchat investor.

I am not too sure bitcoin will reach half a million dollars in 2030. The price is too high and unreasonable.
many things to be calculated into predicting the price of bitcoin.

You're saying no to a 10 trillion dollar market cap? Pah. I manage things like that before breakfast with the wind behind me.

Only time can tell about  those speculations. No proofs means its too impossible  to happen.  Its only a wild guess coming from those bitcoin analyst or whatsoever.

IDK about $500k but I would expect we would touch $100k or close to that number by 2030.

Look at how pessimistic and skeptic everybody is in here, even though we are at all time highs in a brand new technology.

You'd post this in early 2014 and everybody would pop champagne in here.

it is funny how everyone is a financial and bitcoin price expert these days and they are releasing their predictions. i have seen at least 5 of these things.

and not so long ago when price was going down everyone was silent!

This is a joke, WTF they are not trying to determine the fact that those are giving a silly assumption and speculation about the price of bitcoin. Half of million dollars will never reach by bitcoin in the future. or you must erase the fiat currency in this world and that thing will be being fact in the future.

you are right, it won't be the same speed but instead it will actually speed up. in the early years everyone is so afraid or not aware of the investment. then the smart money comes in then the rest come in and price goes up. after some time a history shapes up and regular people can see it and come in and as things become more normal more people stop being afraid and come in.

on top of that the adoption such as Japan announcement recently and so many others will bring in a lot more users. so in the end the user base grows at a much faster speed.

you don't know that either.
you are expecting because SEC denied ETF now it will do it in the future too which is a wrong speculation.

Given how many users (hardly any) and the current usage level (almost none) and the current price ($1200+) it does seem like the price could go a lot higher.

If Bitcoin even started to be used or bought by a small percentage of the population, and was used (not that it scales) then it could easily be $25k per Bitcoin in my opinion.

$500k sounds pretty fanciful, to be honest, I don't see Bitcoin being adopted by the masses anyway, so $25k seems unlikely.

Since more and more people are coming to the bitcoin world i am sure that the price is bound to increase in the future but it is really hard to predict the valuation and if the snap chat investor is the investment god then who knows ,anything could happen.Considering the potential bitcoin has it is under valued at the moment and it is good to have a couple of coins for the long term.

That's a good news and that to put forth by an expert in the same field is simply something that gives a better hope. Price surely increases but to which extent matters big. Recently based on etf approval its expectedto go above $3000 but haven't got support. In the same manner in future to if obligations​ were found then there won't be any assurance.

I think this is too excessive, 2030 remaining 13 years longer, and now the price is still about $1200, it seems impossible that the price could reach 400 times from now, if the world bank officially using bitcoin then it can be happen.

Indeed. I think people here have multiple blind spots. They simultaneously think it's far bigger and far smaller than it actually is.

I don't think mass adoption is a requirement for a considerably higher price. The 'masses' will be the very last to come on board anyway.

13 years later half a million dollars' worth would be same as 50k$ of today's. It is nice to dream about that but also keep in mind that FED is constantly printing USD and they will never stop doing so. Because of the huge inflation not just bitcoin but everything's price will skyrocket. Because like every other useful stuff there is, bitcoin has a limited supply buy FED's FIAT don't.

I read this article somewhere and I felt out my chair. I think this is absurd. Maybe he has information, we don't know yet, but half a million is beyond reach of bitcoin. I'm not downplaying his prediction, but logically, we bitcoin price can't touch even $100K. So for me, this doesn't make sense even if mass adopted globally. I think he just was to make a good news for bitcoin community for releasing such a statement.

I agree with you. Realistically $500,000 is out of hand. There are definitely uncertainties in this projection and its assumptions. Bitcoin certainly has hurdles to overcome – scalability and usability being two of them – but it has done remarkably well in maturing.

I believe the price of bitcoin will increase exponentially, but not around this price, its not realistic for me, Sorry. We all love seeing and hearing good news like this one come, however, I doubt it can happen.

If the price doubles every year, the price will be much higher.

Wont happen. Bitcoins exponential growth is slowly decreasing with 10% a year

No never that's a lot. You can think practically currently some 17 million bitcoin are in market and price is 1200$. Even though halving has a huge impact on the price half million is too much. Maybe 10k would be a better prediction but we will only reach at 10k if people don't sell all there coins before 10k.

Even if Bitcoin gained worldwide adoption, it will never realistically reach such a high price within 2030. There's always issues with Bitcoin that stop it in its tracks and much more that brings about instability and there's also exploits (which is still better than fiat). Until we solve these issues and get better at solving issues instead of letting a small group of miners control us we won't even get close.

This!! We don't need unrealistic expectations. Too many day dreaming makes you not doing anything and just hope that will happen even you just have 0.0xx in your wallet. Now at $1000, it is the best price bitcoin can help and it's even too good for something​ that not use by all the peoples in the whole world. One we have to do now is spread out about bitcoin wherever you can to make peoples familiar with this future payments.

Actually I would not be surprised if bitcoin did reach half a million dollars in 2030.

However as you said, it is all pure speculation. There is no technical analysis, but in certain circumstances a good speculation is more reliable than technical analysis as it takes into account people's emotion and other stuff.

I think the scenario if bitcoin did reach half a million bucks by 2030 would be a total collapse of the fiat protocol and bitcoin takes centre stage. That is the most likely scenario to happen, since half a million dollars would be worth a lot less than it does now.

It is always interesting to hold something that can rise in value so quickly like bitcoin in your possession.

Makes a great investment.

This does not need to be true. There will be two community in this world by 2030 one of them will be using fiats for their living and the others leading their life with bitcoins. Similar things will be applicable to merchants and hence we cannot claim bitcoin conquered the center stage and fiats got subsided. Both will find their ways even with bitcoin value hits one millions levels.

This is because of the buying capacity of bitcoin will not power just few people but probably 10% to 20% of world population, this must be highly equivalent to those people got new high paying jobs, a new job will change the world drastically ?

If that is the case then again, fiat would have lost its market share and bitcoin would have taken over.

If fiat was ever abandoned by half the population of the world then that would definitely cause a lot of panic and disorder, plus a fiat currency value slump. That would mean that bitcoin will rise in value accordingly as well.

But your theory is something that is very likely to happen in my opinion.

All I can say is that the time frame mentioned by them for bitcoin to reach 500000 on 2030 seems like to short since in my opinion it might take longer time for bitcoin to really reach the speculated price. It would be good though that a person with reputation speculates bitcoin's price since this might inspire others to invest in it by just looking at his speculation even though it might not be reached.

Haha, when I first read this I thought I would hand in my notice at work, remortgage the house and go crazy and then in 2030 I can pay off all the debt.  Then I opened my eyes, had my coffee and went to work.

It would be nice but I seriously doubt this prediction will come true, but strange things do happen.

Too positive prediction. Bitcoin will certainly grow, but not so fast. He will have both falls and competition, this is just an unrealistic figure for such a period of time.

bbbbut mmmooon?

How long do you think you could last on $500,000 in retirement? It costs ~$219,000 to pay for food in retirement for two people...that doesn't leave much left on a balance of $500,000.

By the way, the Blockchain.info CEO was one of the first investors in Snapchat.

I will like that but being realistic that is not really going to happen unless bitcoin has major adoption, I think a more realistic amount will be something close to 10 to 20 thousand dollars instead and even that may be difficult to achieve.

400 million users isn't unrealistic at all.

facebook has like 2 billion users or so.

400 million users is like 5% of the worlds population.

it's not that much honestly. 

and considering it's most likely going to be a pretty wealthy 5% it would be much more then 5% of the world's total wealth.

it can easily be 25% of the world's total wealth in bitcoin.

I want to believe lol.

Indeed we don't even need a lot of people, we just need whales moving their wealth into bitcoin, or a % of it.

But, I don't see how bitcoin can surpass gold's marketcap in 10 years, sounds crazy to me...

I need to agree with your perspective, 400 million people using blockchain is much for current days, but taking the population of Earth under consideration, 400 millions isnt so much.
Systems which are designed to transfer money to different people and companies need to have an ability to operate massive amount of requests, and that is the another reason why bitcoin is still not ready to replace e.g paypal or banking systems- the throttle of network isn't big enough to operate so many transactions in a short period of time.

To change this, we need most importantly faster confirmations, because without being able to transfer your money in few seconds, bitcoin won't be used as a best payment method all around the globe, simply because it is too slow.

The growth is too much, required for $500,000. How can this be possible? please somebody explain. I don't get how this is "realistically possible". Everything is possible, but this is far from "realistically". I hope it is right, but I highly doubt it. It would be the highest marketcap in the world.... almost impossible.

It wouldn't be the highest market cap in the world.  What would be required for it to happen is for Bitcoin's market cap to reach parity with that of gold and a bit higher.  That's more than possible if Bitcoin became viewed as a stable asset more than a currency and it was used for the purposes that they mentioned, such as expats sending money back home.

It's not likely that everyone will use it, but a more significant amount of money than now will definitely be put into it.

If the price of bitcoin started its journey at $10 and touched $1000 in a very short span of time then the speculation can weigh some advantages as it is possible to see another good bull run but how much you can push the price and how much time it will take cannot be predicted .Lets speculate by 2030 the ETF will be approved and that will boost some major investments and more countries will accept bitcoin as a mode of transaction and those could make a huge impact in the price,but will it reach half a million dollar,i dont think so but fifty thousand is acceptable. :D

Right, the chances to see this price per bitcoin is very very low (mostly impossible).

But I think that there are lots of bitcoin that affects the bitcoin price because the price can't get so much high because most of bitcoin holders will get rich within a short period of time.

I also agree with this.  The prediction (more on speculation in my point of view)  is way overboard.  We cannot just say Bitcoin will rich a certain price without considering resistance and competition.  Aside from that  Price value does not dwell on the adoption alone, there are lots of unseen thing that will possibly resist that price.

Then buy these 100BTC at these idiotic and low prices such as $1000-$1200 and forget about crypto after storing them in unused addresses and printing a few paper wallets as back up then go live your life for another 10-15 years and when price reached your goal sell them to have $50M in cash at your disposal, imagine someone with 500K bitcoins could be a billionaire.

Yes.

And considering at the moment that only 40% of the whole world uses the internet and 20 years ago (1997) only 2% of the whole world used the internet and it grew from 2% to 30% in 15 years (2010) (which is the comparison between 2017 and 2030 for BTC).

Now take into consideration that less than 0.006% of the world population had a wallet worth more than 1 BTC last Sept 2016. And in 1991 world wide web was born and 6 years later 2% of the world had it. Its highly likely that BTC will something similar as the internet in growth. But I will tell you better in 2030 what the price will be, but until then I'm just going to buy it. I don't know if BTC as we know it today will be the same then, probably not, but whatever it is I want to own it. And when it morphs into something else by forking I plan to follow it. Just hold the coin after it forks, wait to see where the value goes and then sell off the old one and keep the knew one.

If the funds permit, then why not do so. Just do not need all the money to invest in bitcoin in order not to remain at a loss, because no one can accurately predict what awaits us.

Only if you have cash to burn, can you contemplate doing something like this. If Bitcoin is replaced by ETH or some other alt, then the half million dollar price prediction will look very silly. It could pay off, but it is very, very risky.

ETH can't never replace BTC, because Ethereum and Bitcoin are very different things. ETH is known for "proof of vitalik", it will NEVER be the unit of account of crypto, it will never be the gold of crypto, BTC will remain #1.

I dont agree with you, you cannot just say that bitcoin is something unbeatable, and a cryptocurrency that will always have the biggest part of the market, because it may change any time soon.
It is all about some incident, that will make investors lose trust in bitcoin, or just the incident that will make some altcoin insanely strong on market.

Obviously, such a event may never happen, and bitcoin can always stay number one currency, but as everybody already know, humanity invents new technologies very fast, and why cannot that just happen in the cryptocurrencies world? It is about creation of new, great altcoin that is going to be backed up by a strong technology, even better than blockchain and bitcoin infrastructure.

I dont believe in bitcoin going up to half a million dollars, but i also do not expect it to die. I think it will be somewhere around 3000-4000$ level during 2030, but that is only my perspective.

Think about it. What has bigger chances of "some incident" happening: bitcoin, which is the oldest surviving crypto and the most conservative one, or some altcoin like ETH that will always be prone to more DAO disasters?

speculation is good for bitcoin users because it also will attract them to save more bitcoin for the future and actually i always open my mind for every speculation especially speculation with solid evidences however although i'm not sure it will be happening but i was hoping that this speculate come true and i would so glad for that

It has to happen.
Just imagine the possibilities.

By looking bitcoin trend from 2009 until 2017 and start to calculate and speculate using some model method, bitcoin will reach significant value on the future but still invest bitcoin will consider as risk investation because they can vanish or "broken" in different ways

This has been found as a major talk among the people who are now aware of bitcoin as well existence of cryptocurrencies. In an article quoting the news it's been described in a way that bitcoin price increase has got the increased chance of ruling the entire system of countries. So trust and invest to get the fruit.

If we end up seeing a growth similar to 2009 to 2017 until 2030, then it means we will see an huge bubble, a final bubble that reaches $500,000

And in between, smaller bubbles but increasingly bigger until the last big bubble to $500,000+

I don't think we'll continue to see the rises we're seeing year over year at the moment in 10+ years. We're at a very volatile time at the moment whereas in 10 years thing should be more stable if bitcoins truly follow a stock rather than a currency.

Positive speculation such splash of water in the desert, moreover it comes with some reasonable factors. "The bitcoin user network will grow 61 times through 2030. A population of bitcoin users comprising 5% of the world’s population in 2030 will drive the price to $500,000 in 2030". Just 5% of world population will lead bitcoin reach that price, incredible.
But I don't think it will gonna happen : "Another obstacle is the hard fork, which could cause a split into two bitcoins, regular bitcoin and Bitcoin Unlimited.", as long as we have bigger block size even though 2Mb will make big different, without need to hard fork bitcoin (it is a disaster).

it's the same story with bitcoin at 1$ ... and then, at 10$ ... and, whoa ! At 100$ (The Rise and Rise of Bitcoin - Movie).

now, we are at 1000$.
to the stars and behond.

http://imagizer.imageshack.us/a/img923/1540/KOIRGm.gif




but, first, we destroy the FIAT money and build the global internet money : http://imagizer.imageshack.us/a/img924/3645/eY6SkS.gif

As much as I would love to see the price of Bitcoin reach a half a million dollars, I just never think that is going to happen. But maybe Bitcoin will surprise me and I will get rich through it.

one must understand that something like this will never happen over night, if this will happen will take several weeks months of slowly pump at a very high volume

therefore many like you who will hope to sell their coin at that value, will sell them long before that, and that's why will happen, you will only help reaching that value, like many other

the possibility for at least $100k in value are there, bitcoin have a ridiculous market now, this set the potential for a big growth, it's onyl up to the individual to accept and move on bitcoin

iam not believe and very imposible if bitcoin price can incraese to 500k dollar
i never mind bitcoin price 500k dollar, because sending fee can high too if convert dollar value

Initially, about the bitcoin, Satoshi speculated that bitcoin will be touch 10000$ before 2050. Now its showing the potential of bitcoin and its feature to the world. Already people are adopting huge in number into bitcoin and being adopt by many business whales.
This rally continues more faster, within 10 to 20 years. It's obviously possible to that value in the price chart.

This is one of those threads where if someone looked at a historical post and said this will never happen and it does they will be noted in notoriety :).
Just like a certain Paul Krugman
Assuming Fork does not happen and we resolve anything is possible the timeline may be off though I lean towards 2040 but will lean towards a more conservative 50,000 by 2025 then see a scaled increase in the years from there to his prediction.

Based on the price increase, along with the same the transaction fee increases. When the price increase happens the benefit people benefit too will be high. Based on this I believe as an investment or earning source surely the user profile increase to make it the best digital currency of all time.

That's just 13 years to go from $1300 to $500,000. If I did my calculations correctly, that would take almost a 60% gain per year. I could see a few years at that gain, but I'm skeptical about that rate for 13 years.

13 years with a sustained 60% is something very big, but we cannot completely deny that this won't happen. If you calculate the past year growth to the present years growth, it crosses 60% but the sustained growth for longer time period is simply hard. Also day by day along with the increase in users the usage too is increasing. This will surely cause a increase in value than a fall in price.

2030 is very far away & so many things could happen before then, good & bad. I damn sure hope this guy is right though.

then I imagine many people will became a new millionaire

$500,000 seems a bit steep in that short of time imo. However, I don't think just a few years ago that people expected to see $1200 either. So.. I guess there's really no telling. We'll just have to see(And hope) lol.

Though 500k is quite much per bitcoin but I won't doubt that it would get very high later in future at least from my experience few years ago when I had the chance to buy at an extremely low price and I didn't. Now, my fingers are in my mouth.
My goal: keep storing!

It may become so valuable in this short time, if some of the biggest retailer chains accept it as officall currency it's value would raise extremly fast
and in case of another big colapse of FIAT currencies, bigger percantage of people would try cryptocoins as few years ago... and this would probably increase value too

It is really cool to predict that we could see more millionaire's when the price of bitcoin reach half a million dollars but it will be really interesting to know how many would be holding on to their coins at that time,it is really difficult to tell that,people who started out with bitcoin knows the same exact thing,having thousands of bitcoin is not a big thing when it started and most of them sold off even before the big rallies started ,so it will happen again,people would sell with every price rise and people who has the guts to hold for a longer time might be millionaires.

If that happens then I think Jihan or Jihad or whatever Wu will become the leader of the one world order government-dictatorship then screwing us sideways without anyone dare to oppose him take a look at NK leader  people literally kiss his ass and they even enjoy it.

Jokes aside if bitcoin scales up enough and only 100m more potential investors-users will be needed to start moving towards that direction, we can't even properly predict what happens the next day how'd you rely on a wild prediction such as $500,000 by 2030?
I think if that happens then we might go to actual military wars to decide how to do a soft or hard fork and how to change even a single line of code when the stakes are up high trillions of dollars.

Lol imagine bitcoins are half a mil each. I don't think that would fly under the radar with the government hahahahaa.

But I think the real issue would be the mining difficulty. I mean holy crap, there are going to have to be some pretty amazing asics out there to deal with the difficulty going up 500-1000x.

It won't even require that, just enough people willing to buy Bitcoin (and still hodl it) will be able to catapult Bitcoin to something like $500,000, just over a longer period of time. Money still flowing into Bitcoin means it will keep getting more and more valuable, and as long as there are no market crashes there can easily be pumps to massive numbers. It just comes down to community growth.

I'm curious as to everyone else's opinions on whether or not Bitcoin can start to experience a kind of exponential growth as the price goes up, and more people seek to make money off of it, raising the price, rinse, repeat.

There are many competition from other coins out there.

No doubt there will be more gamblers willing to "invest" on crypto-currency in general.

Altcoins = gambling while Bitcoin= investing. In the long run only BTC will succeed as an investment.

Risky investments are not gambling.  If risky investments were gambling, Bitcoin would be gambling too, especially since the lines of what causes its intrinsic value are very hazy and the price is arguably always going to be overvalued.

Altcoins can even be safer than Bitcoin in some cases.  Who knows when Bitcoin could move into a bear market and some other coin could move into a bull market?  No one does.

No. Bitcoin has by far the biggest community, marketcap, marketdomminance, most spread amount of coins of all the crypto's. If bitcoin doesnt succeed, no other crypto will. Bitcoin is a store of value, anti inflation, investment and safe heaven for altcoin traders. Bitcoin is here to stay, altcoins could easily dissapear or go to shit. Look like redcoin, or tether any many others. I wouldnt be suprised if Dash would be dead in 3 years. Altcoin= gamble. Only a few good ones around like Lisk, Byteball, Stratis, Ubiqsmart. Never let some altcoin decide what to do with your money. In BTC we trust. :-)

I think he's got a point actually.  You're right that Bitcoin has the biggest community and market dominance, but that's not relevant to whether an altcoin is a good investment.  People use Monero because it's better than Bitcoin for illegal activity and anonymity.  People use Ethereum because it's better than Bitcoin for app development.  These altcoins all serve the same purposes as Bitcoin to some extent but with their own additions for different niches.

Even if it was a scamcoin or shitcoin it would still be an investment, just a bad one.

500 000$ is way too much, even for me, a true Bitcoin believer. 10 000$ sounds way more realistic. Anyway, lurking people into Bitcoin by telling them that they will win money by doing so is a bad idea.

Yes, It will reach that level by 2030.

Zopnews (http://www.zopnews.com/)

"From 2013 to 2017, the network grew from 120,000 users to 6.5 million users, nearly a 54-fold gain. Such growth would produce 400 million users in 2030."

And in 2046 this 54 fold gain would produce 21.6 billions users.
I think there is one small problem with this.
But I'm having a hard time spotting it.

It has something to do with the world population , I'm sure of it ;).

I hope bitcoin will reach this much, but at the current state I doubt it will ever reach that.

But I think at least 1 crypto will eventually become a trillion dollar market cap asset. The question is just which one.     

This is great that blockchain ceo spoken about the many people argueing about the bitcoin price but this will take 13 years more so theres 13 years chance for us to earn and save them for this year and for those who had tones bitcoin in this year hope that you don't die lmao.