Bitcoin Forum

That day when bitcoin hits 50,000, and this topic wil be replied and honored by the new folks whom are new to Bitcoin by then, the day when multiple countries have the coin in use in shops and services, the day when you get paid 0.05 BTC a month for a fulltime job, what will you do with your precious coins? when this appears on your screen...

$50,023(+0.12%)
1 BTC

Will you hold them with the knowledge of becoming a millionaire, or a multi-multi millionaire? Or wil you find it enough and trade some or most of your precious, precious coins for money to buy something really big, or use it to start up your own big company?

For me, I will keep them. I might only sell a tiny bit if I would like to make a purchase of something, but for the rest I would keep all the coins knowing that 50,000.- is just the start of a new beginning (just like 2017's 2700 compared to 2014's 200.- already)

I am curious what you will do that day, when this post gets replied and all those people wish they started in the time that we did. The day when you, me and all other Bitcoin buyers basically have won the lottery, what will you do?

I wouldn't jump to such conclusions ;), Bitcoin will hit $100000 per 1 BTC, its only matter of time, nothing else. Its easy to make such predictions because you are always at least 50% right without specifying time frame.
Anyway, good topic to use your imagination.

Damn. It's better to leave my mark in here.

HELLO GUYS FROM THE FUTURE!

Also, why would you sell your Bitcoins when they are worth $50k if you can use them anywhere? As you said, every shop accepts bitcoin as a method of payment. No more selling "digital currencies" for the "real money" called Dollar. Bitcoin IS the real money. LONG LIVE BITCOIN!

Btw, imagine if in the future each Bitcoin are actually worth $1m each. We will be laughing about such low value you are predicting...

Exactly, thats why I even keep them at 50.000.-, like i said, its even by then still just the start of a new beginning (just like 2017's 2700 compared to 2014's 200.- already will 50.000 be nothing compared to the 1m predicted by the guy above) Bitcoin is the only real money

If the price of bitcoin really reaches those valuation one thing is sure,i wont be holding much coins because i will be selling off everything before that,we really have a scaling issue at hand and first we have to sort those things first to think about more investors coming in and thereby thinking about breaking new records,until then i would not dream about these valuations,because i really like to have some realistic values.

On my screen, hopefully there will be a comma ($50,000) rather than a period.  That sooo makes it look like it's at $50.  But other than that, I'll be a walking hard-on just like usual when bitcoin is big bucks.  And I do believe we'll get there, though we still have that 25X hoop to jump through.  I predict it'll be a couple more years at least.  Gotta keep optimistic.

time ?
it's relative ... like money.

http://imagizer.imageshack.us/a/img924/6951/kiBhbx.jpg

Ah yes, this scaling issue is another concern right now. But I think Segwit activation this coming July 1 is really something to watch. After the activation, we will know how the community reacts. it may shoot the bitcoin price to another all time high or slump.


I noticed that too, but I think a comma is used in their country and its quite normal to them. But for us who are not used with it, its something like $50.00 :)

If it really $50,000 I will sell half of my holding and wait  until 2030's to which some investors predicts bitcoin to be $500,000n ;D who knows.

Yes, a couple more years sounds very realistic to me too. Especially when these countries are joining at the moment. Oh my bad changed the period. Time will only be shorten by these big steps in the future of Bitcoin, including the comming Segwit activation.

The day when BTC hits $50 000, Satoshi himself will come down from mount Ararat and greet us - his faithful acolytes in this thread. He'll also be giving free BTC to all the true believers.

Do you think it's possible that BTC will one day be worth $1 000 000, without huge inflation of the dollar?

OK, that was a good part about the full time job getting paid 0.05, it's like you don't know there are some people

Getting paid less right now for their full time job salary, when price hits $50,000 I doubt that if I'm alive, you are even

More passionate than Satoshi himself, the way you say precious coins. :)

For now I'm not doing anything no buy and no sell, bought when price was $2500 and going to hold another week if price

Is not up by then I will keep holding until price goes higher than my bought price.

Yes I considered that 2500 is a very big salary, but I also took in mind that Bitcoin would make the world a better place making the salarys way better (like decades ago). A lot of people will sell at prices like 5000 or even 10,000 but in the end the smiling third will be the folks who kept their bitcoins all along, since 0,10 USD, since 10 USD, since 100 USD, or even since 1000 USD or more, when the prices hits 50,000 because I am deeply convinced that it will happen sooner than one might would expect. The big qeustion then is: are you strong enough to keep them even then, because it wil still double, triple, quadrupple, zripple or anything higher.

I think that price is so high so maybe when bitcoin hit that price no one can say for that. As of now i will enjoy the bitcoin price and i will convert some of my bitcoin into cash but some i hold it for the next rocking of bitcoin.

It could happen. Bitcoin has an excellent price movement. We do not know what will happen in the future. Just look at the current price movement bitcoin can reach hundreds of percent in just a few months. So this is not a dream, everything can come true. We're just waiting for the right time for bitcoin.

That is always a good way of investment. We shouldn't hold any investment forever by thinking that prices may go even higher and higher. Because times due to some unknown reasons prices may fall down and we may need to wait for very long time to see higher prices. That's booking some of the profits now and then will be good and we may get a chance to buy again lower prices because bitcoin prices are more volatile.

When this day comes, I will hold half of my funds and sell the rest to get the profit in fiat. This way I continue in the game, but I can enjoy the profit if something bad happens to the price of Bitcoin next.

It's very possible to happen, but it will take more than 10 years in my opinion...

Definitely possible considering how a distribution of wealth works and the limited supply of 21 million.

Maybe in the future when/if it does reach $50,000 per Bitcoin, will we even be measuring with dollars?  ;D

If you already know that it will hit 50,000$ why would you even sell it now,
I think it would take to many years to see it hit that high .

It is unbelievable if the day is real. Imagine if you owned 1 BTC, you could buy everything. But toio thinks this will not become a reality because when Bitcoin reaches a recent peak, they have been looking for ways to keep its value from rising again, if it continues to rise so the market will be unstable, coin Depreciation and bitcoin money will become scarce. So $ 50,000 for a Bitcoin is impossible without a monetary revolution.

I will be able to spend these bitcoins on the most cherished dream) but of course, it's still necessary to continue working) but there will be more happy moments away from the city and the cabinet)

I may as well bookmark this now so that if it does happen one day I can look back and either be happy or moan about what happened sometime in the future before the time the price hit that ha-ha

Interesting. You definitely know it's a bull market when people are quoting 50k bitcoin. Hope I see the day but I suspect world events will cause this to not happen.

I'll be honest when bitcoin hits $50k I'll cash out everything, probably sooner than that. I don't think it will ever entirely replace a currency, maybe work alongside it but even then fiat will always be more stable and less prone to manipulation.

Honestly, this type of thread was much more fun back when Bitcoin was usable.
With high fees and a messed up backlog of transactions you might as well take your unicorn for a ride.

http://orig12.deviantart.net/e117/f/2014/148/1/1/18a08a20ad642d3213a437c66cbb2497_d7hy9ab_by_megmcmuffins-d7k5cfg.gif

Here not only you are dreaming for such peak but here about everyone thinking for such top price value .
Instead of my any logical thinking here I would like to share a news that I had seen about 3 days ago in the media channel .
At the TV program there was discussion about the legality of the Bitcoin and they were saying that after the mine of 1 btc , the mining of second btc is very though , so here we can say atleast in 20-30 years we can't touch this amount of the 21 millions because 1 btc mining will make much harder for us , so that Bitcoin will remain exist in the internet because miners will needed to get money to operate Thier miner .
So according to that news we can make sure that to reach 50000$ is really a simple distance time , because demands of the Bitcoin increasing speedily but still the demands are daily going down and down , so 50k$/ btc will easily reach .

That would be amazing to see such growth and I would send you the tip worth my half of my bitcoin holdings if anything like that happens within next 5 years, mark my words.

Being optimistic is a good thing but it seems that you are super duper optimistic in this regard. I don't think any barrier for bitcoin to reach this figure but to be honest, I think it will take some extra time, probably even a decade. I am sure that Theymos will organise a grand party for all of the bitcointalk members if it happens.

Putting this here so I can revisit later. It turns out that it will be almost exactly 3 years until we see $50,000.

BTC - $50,000 USD - June 2, 2020

I have the same thoughts with you. Liquefying bitcoin in such price ranges will make us feel a very big profit.
So we can take the money to open a business in the real world. The money can make our chances to profit in different places.

it is impossible for bitcoin to reach $50,000. because for the average people like us won't able to buy a single coin because no one can afford to buy it. so, the demands for bitcoin will decrease until no one can buy it. if that happens it will hard for us to sell coins.

What are great topic you start sir! Wow I can't imagine how many money that I'll get with that. Wow just wow! Well I guess that, that thing isn't impossible and that could be heaven for us bitcoin users. You might not know that bitcoin will go $1m that isn't impossible too. When that happens I think bitcoin will be at the front page of an article or in newspaper. Bitcoin will became more famous in the whole world and maybe someday bitcoin will be the world's money or the currency. While I'm writing this reply I'm thinking the craziest way on how will I spend the money I will get in bitcoin. Imagine 0.005 btc/week and the a btc/$1m wow.

most of the popele waiting for bitcoin to skyrocket and hits these high value, will be the oen that will sell way before it actually hits that, i doubt many of use can hold past the $10k mark

you will be very tempted to sell, because at that point you are reach already, and for that value one must wait a decade+ at least...

Nice words you haver there pal. and i would say the same "HELLO FOLKS,im bitcoin user in the past"  ;D But seeing and assuming the price of bitcoin on what is being mentioned on OP i can really say that its too over to realize or think off that price would go this price point. maybe $10k is reachable but talking about $50k i think it would not reach that amount. Not for being too negative here but this is just exaggerated.

You have the right to dream, and try to work to achieve that dream, but, if you want to make a dream, it must be practical. With bitcoin, a virtual currency, although it is accepted by many countries, it can not pass the cash, its value is suppressed.

When this day comes when Bitcoin hits 50,000$, I will sell all my Bitcoin and i'm going to retire from trading, buying Bitcoin and i will just live a happy life with my family. But it will only happen if i will be able to hold my BTC until that time comes.

I would be so happy if one day I would wake up and realized that Bitcoin has already reached the $50,000 level...it would have a big dream come true. Although I don't have a big hoard of Bitcoin but certainly this can help me and my finances.

However, though Bitcoin is really rising, the road to paradise can be long, bumpy and winding so we should expect problems and challenges to come in from time to time.

For now, I would be still be happy if its value can reach $3,000 maybe before the end of 2017.  Maybe it is really time to hoard Bitcoin...if only I got more capital lol.

I think that day will not came soon , it is because the value of the Bitcoin is increasing but still the most of the people are saying that we should use other powerful and stable altcoins like ETH that have very small fee in comparison of the Bitcoin fee .
So here it may be possible that either the Bitcoin will increase the size of his block or the people will move toward another altcoins to keep himself away from the big charges of fee .
So probability are for the both and I think the Bitcoin will make some big changes in his system of block cmsize and limit and in that case we will be able to use Bitcoin as were using in the last year old days with low fees .

I would love to see that happened, hopefully I still able to witness that day, because for reaching 50k$ it will still take a lot of time and we still don't know whether bitcoin can reach that number or not, because the bitcoin dominance is decreasing and there is still problem with bitcoin transaction speed

If bitcoin will hit $50,000 for sure it will like a bubble that will pop as soon as possible because the price of it is very high and a lot of bag holders will surely unload and they will sell all of their bitcoin to enjoy their life but who knows if bitcoin will become a stable currency and its price will be $50,000.

I dont really understand what you are trying to say. Big whales will unload at $50k ? People will always unload at certain milestones. We recently saw people dump at $2500+. Next time people will dump at $5k, $10k, $25k etc. The thing is eachtime it will bounce back up. So people dumping at 5k or 50k is just a temporarly drop in price.

To be on topic, I dont know if I will sell at 50k, not all my coins but maybe a small percentage. I think this will be the case for alot of users.

I agree with you. The 10k mark is very tempting. In my country if I have a few bitcoins back then (which I am sure I will) I would be tempted to open up my own pizza and pasta shop. That is my dream I am willing to pursue when I have enough coins in my wallet. I always dream about the moment when I will open up my own business and will totally interrupt the relations with my workplace. Only bitcoin can help me with that, that's for sure.

I really wish this could happen. And i think it will happen. Because every single fiat currency that have existed have collapsed - no one has escaped this. Not even the United States. Look at the 1800s. Fiat was worthless even the US. And obviously when France was a superpower there was a genius which i won't name who decided that printing more money would be the end of the country's financial woes. And that failed too.

Guess where we are now, in 2017. Look at the expansion in monetary supply after the governments' desperate attempt to rescue the markets after the 2008 crash. Bitcoin is going to be currency. All the holders will be rewarded, in a decade or two. It'll be satisfying to say "i told you so" whilst pointing at that sweet 50000 figure.

If bitcoins value raises as high as $50,000 we should expect less petty payments which makes some altcoins valuable to use for this purpose
and maybe I would sell half of my stacked coins in exchange of alts.
Hope we live longer to see this day come.

This is true because bitcoin currently has no apparently advantages over altcoins such as Ethereum - and it is proven by the markets as the bitcoin dominance in the market has slipped further and further down to around 47% now and stabilising. As you can see Ethereum's market cap has grown considerably and so has ripple's. It is no longer feasible to transfer smaller amounts of cash internationally even with btc because of high tx fees. Sometimes it's cheaper to use Paypal.

However if these scaling problems can be resolved then btc will definitely hit $10,000, $50,000. And I can imagine myself just drowning in cash :D Jokes, i'll probably have to spend my btc on rent :(

I guess he somehow got shy and changed the 100 to 50 just being conservative.  ;D
Dang! Just imanginig it gives me the chills and also a big smile.
We are lucky to have been a part of this. They will be in chaos or maybe in a hustle to get some bitcoin because of that while we are just sitting down, relaxing or watching the bitcoin rising every minute.

We will gonna witness that they if we are still alive but hopefully price growth of bitcoins will come unto that since im pretty sure that it can create excellent awareness since price can truly appealed to business and huge volume of people, Bitcoins growth are totally amazing nowadays so speculation of those open minded person are truly positive on this thing and I really hope that we can see great sides on this coming years.

We can witness that day if most of the country start to accept bitcoin and give legal status to it, so that all business can start using bitcoin as their payment system. Then surely we can witness more then that price,

As suppy and demand increasing on bitcoin, It will be continuously move towards the skyrocket value for sure. Along with the demand, Adoption and new altcoin creation using blockchain technology will support the bitcoin to grow higher.
I think we may this amount in the year 2030 and that time bitcoin is well known to all people even non developed countries will also accepts bitcoin.

Will surely happen, just wait for the time then bitcoin will reach $50,000, a year ago the price not more $400 but it has now reached more than $2200 or ride more than 550%, I expect 10 more years will occur.

Bitcoin will reach a point in which the price would stabilize, at what price it would be is as good as anyone's guess. Right now, we are enjoying all time highs almost on a monthly basis (sometimes even weekly) because the demand is sky high and that more people are becoming interested in making investments that are protected from the pitfalls of their local currencies. But once bitcoin becomes more mature, I am sure the price would have stabilized with very few to little fluctuations in a month. It would be boring to watch the price by then but if it becomes more usable, with lower transaction fees, I would be happier with that scenario where it would be able to serve more people efficiently.

I would do nothing but hodl

I would happily use my saved bitcoin and enjoy the patience and hardship I made waiting for it to become $50,000.  The temptation is not easy when we see the price going up in price before reaching $50,000.  Of course I won't be converting my stash in one go.  I will save half of it and wait for another target price to cash out.

1 bitcoin value of $50,000 will definitely happen in my opinion but we're not going to see it in the short term. I think we're talking about 10 years before a price like this becomes reality.

in fact everything is possible the price of bitcoin can really reach to 50000$ dollar no doubt about that, but i think it will take decades, and when all the mining will over and then demand will increase more and more, people will hold bitcoin and will even not ready to sell it level on 50000$ in any case. and  therefore the price will continue increasing.

Well, if that happens many of the bitcoin holders will become rich because of bitcoin.
That is a big amount actually I wish it could be happen, but I think it will take a years before that happen.

i honestly can see that btc can grow but in time it may have spread to many chains and more and more altcoin are now more famous than actually it's pioneer. Ethereum is increasing in a very fast pace. And it is always changing from time to time. Many investors in ethereum are now taking advantage of this pump and btc is just a normal coin with only the most coin in the web.

3 years ago people were speculating Bitcoin would go from 200 to 2000, look where we are now. People would laugh about such statement, a X10? ridiculous! It already went x2000 back then (from 0.10 to 200) but people thought x10 would be only (a little bit) possible after decades, and it took only 3 years.

When the price reaches 10k im sure a lot of people will sell their Bitcoins, or atleast a portion of it. But the people who will still keep them at 10k will be the smiling third when the price reaches 50k, and even at 50k I will keep most of them and be a part of the small group of people who are eventually the last ones laughing.

If we go back to 2014 when the price was 200, a lot of folks have bailed out at 1k, but who still has a smile on their face? the ones who kept them untill now.

John was very early buying 9 bitcoins for a total sum of around 1000 USD (with an average cost of 111 USD per Bitcoin). He thought it would be a better move then playing Blackjack with it in the Casino. A little bit later after the crash when Gox was hacked, Chris joined the party because he saw that the coins rised to 1150 USD even though the bitcoins were already crashed to 200. He had 1250 USD to spend and he bought 5 coins (with an average cost 0f 250 USD per bitcoin). Later when the coins rised to 1k, John sold his 9 bitcoins because he thought they would crash again. He cashed 10 grand after selling them for around 1100 and thought he made a wise decision. After that, the coin have been rising up to 2700, around a little bit higher then 2000 now. In meanwhile, Chris kept his 5 coins and they are now worth 5 x 2000 = 10 Grand aswell. Chris has still a big smile on his face, he sleeps very well since he made already the same amount that John did and John bailed out, Chris still has his rising coins in his pixel wallet. John by the way started panic buying back at 2000.

This is exactly the reason why I started this topic. There is no 'right price' for the coin. 50 grand is not even the max yet, do not sell them when you don't want to end up like John, buying back 50% of your coins, or even worse, not buying them back again.

The people who bail at 50 grand will be laughing, and by that i mean extreme laughing, but that will only be for a short term until they see that even then they still couldve get a x10 or perhaps even x20 if the entire world knows about bitcoin.

Many people will indeed sell when the coin becomes really high stake, but they will make the same mistake as those folks who bailed out at the x10 money. They wil be rich, but they could have been way richer. Most of them end up buying 50% or less of the coins back for double or more then double the money.

The price of bitcoin is increasing almost everyday and in years from now the price could go even more higher than the price $500,000.
Without a time frame specified $500,000 can be reached.

It's crazy, I think you should look at life face-to-face, do not think in vain. This life is not easy for anyone, and bitcoin is no exception, it will never reach that value.

First of all i like this thread. 50k dollars for 1 bitcoin? so we're gonna like spend satoshis for some cofee in future, sounds interesting, i wish i can pay that cofee with bitcoin directly instead of converting my bitcoin first. Anyway i've been passing 200 dollars, 1k dollars and now 2k dollars all i can say i don't want to repeat the same mistakes, loosing many chances to buy bitcoin when the price was really cheap well i don't have much but i keep buying as much as i can, let's see can we reach 50k each?

Look at this ---> http://www.cnbc.com/2017/05/31/bitcoin-price-forecast-hit-100000-in-10-years.html { Bitcoin could hit $100,000 in 10 years,

says the analyst who correctly called its $2,000 price } So if they are correct, the Bitcoin price should hit $50 000 in the next 5 years } I doubt if

anyone will still hodl past the $10 000 price... The big investors will start buying those coins and we will have a few individuals owning full

bitcoins. { The rich will stay rich } We will own a few 1000 satoshis.  >:(

That price is not a joke. If i have 2btc and  when that time comes im already a millionaire in my country. But the problem is when it will happen? Were now at 2200$ and reaching that 50000$ will need 20-30 years.

We also don't know what inflation will be at that point.

It's an illusion, it certainly will never happen, bitcoin grows, and it's under a lot of pressure, governments and developers will not let it free up.

i have watched a video, a marketing video, it says there that the people who are behind the successful social media now and one of the most popular and richest man in the world has already into bitcoin, they have already known bitcoin and they have already put their money in bitcoins and have some big investment on it because they see bitcoin will be at a very high value more years to come. So if i were you i will save a bit now for the future.

Bitcoin has far too many problems to overcome before it can reach anything like that kind of money. Id be surprised if we get any higher than what we are currently sitting at. Between other coins fighting for top spot and the civil war thats been ongoing for years now bitcoin is still no further.

Tbh, the more I look into it the more I think something like Ethereum will hit $50k. It's a really interesting algorithm.

 ::) ;D
that will be the most happiest day in my entire life, as i will become the one of the most richest person on the globe,,,, 8)

If this happends in 2020+ I say to myself in the future that I bought a house and a car from bitcoins and much more and still holding 1 btc at least.

Yes, I am with the same opinion that 1 BTC is enough for anyone to financially retire in next 10 to 15 years. I believe that we are yet in a beta stage and bitcoin will have many strong milestones to come in next few years. Selling it at $5-$10K would be too early in my opinion. I am also expecting the huge growth in the user base after government's approval and recognition.

I also believe that 1 bitcoin will be enough for us to buy a car in the future because it is very possible for bitcoin and soon it will become even higher than that so the only thing that we need is patience and motivation to be able to hold our coins for that long but if you are a true believer then you can actually hold it for 3 years or more.

It's too good to be true that bitcoin will reach 50k USD in our lifetime, then I will be a multi millionaire and all the enforcement agencies will run behind me to put me behind bars. I am sure bitcoin price will be much higher than the current one in few years, but I doubt it will ever reach 50k USD because the kind of market cap will require for the same, will overrun few strong country's economy.

I have kept a goal of 10k USD and I guess I will be selling a major portion of my holding then to buy something really expensive like a supercar or a real estate property.

I am not having that patience to wait until 50 k $ if it takes too many years i am predicting for next 3 years if it goes up from current market i will sell by any chance it reaches 50 k in 3 years?? i do not think so  . Money need for living not for keeping for future and predicting till the time i don't have any commitment i will keep bitcoin once i need real money or goods in exchange of bitcoin i will do it . But hope will wait for atleast 3 years.

So that means that you will be out pretty soon then huh?

$50,000 per Bitcoin really is not that far from the price right now. Considering how much the price went up since Bitcoin first began trading less than 10 years ago, the price of it began from nothing and is now over two thousand dollars per coin. Bitcoin is worth more money in other places as well, so I think that the whole 50k per Bitcoin is very easy to obtain.

Like me i am not to good to wait and i think i am too old when that times come, but i will teach my family member about bitcoin because i feel that it could have big help for us to make us rich in the future. But i want to see that bitcoin value hit that prediction even i am too old i would be happy for that.

Yes, you are true this is not a joke. It will take quite a long time maybe decades but the BTC could reach there. The limited number of BTC’s in the market make it more worthy and as we know that people are accepting the bitcoin, everyday many new people demand for it and want to invest in it and become the users of the bitcoin.

Also those who pay huge fees on the payment transactions like the bitcoin for its low transaction fee and fast transaction, though there is a problem now a day but it will be solved soon.

It will be perfect I told ya moment  ;D

Bitcoin price I think impossible to happen to reach $50,000 per bitcoin because that price is very big. But everything is possible to happen . But my prediction  the highest prive of bitcoin possible to happen is $20,000 each bitcoin and I hope it will happen so many bitcoiners are become rich. But no one knows what is the future of bitcoin we dont know if the price dump or pump. 

50,000 only? For me it would pump into 1,000,000. I mean no one knows, right? It's just a matter of time bruh. At the time of 2020, my prediction is that the Bitcoin would hit the 50,000. Mark my word, thank me later. Haha

I am eagerly looking for that day happy to join this thread for future may be 6 months back bitcoin on 2 k would be dream it reached less than 6 months . And hope the thread will soon become reality instead of prediction 50k $ ifsomebody seeing this post on the day bitcoin price 50 k$

When that day comes, maybe I am a millionaire already if I can keep my Bitcoin until that day. What will I do with it? Maybe I will use it to have my own bitcoin related business. I want to have an online shop that sell lots of items and that accepts bitcoin as a payment.

An illusion, he is in the wrong thoughts, I recommend you look at the real, the value of bitcoin is always under control. It is never out of control

I disagree, as everyone has the right to express his thoughts also every person has his own perception about the things which is really valued. I think that the bitcoin beside having a drawback that it is not supported by any government as a currency like the traditional one’s still have a great potential and liking in the market of the crypto.

I may not be wrong by giving an example of the gold here, not everyone have gold to store so I will say that there is a class who keeps and hold the Bitcoin.

Hmm .. $50k? I don't doubt the capability of bitcoin to pumped up to that price. But for now, I am not expecting to see it will be on that rate. Maybe I will expect to see the price when we totally reached the total supply limit. I will deal with more reliable expectation and speculation, I won't speculate a quite high price today.

It is just a matter of time when BTC will hit 5-10k USD. But it is hard to tell now what will be governments reaction. It is still not so predictable area

Only God know what will happen with the value of BTC, But this is not possible because bitcoin price is steadily growing in the past few weeks with no big crashes or downfall. And almost everyone is taking now the fact that bitcoin is the future of virtual payment.

You can hope and me too, imagine a higher goal Bitcoin can hit 1M$, when that time more people can become to Millionaire Dollar haha, I hope my wish can reality in future

Hahaha first of all I would wake up from the dream, 50k do you even have any reason as to why this price was selected by you? Look I would advise you to look for the near future, cause it's very volatile and one should keep daily or weekly watch, and make decisions as and when they happen, maybe keep few % for the future 🔮, but entire it's risky, we'll I love Bitcoins, but I guess we are blinded by our love, so be careful and ps if it does cross, we shall get you special batch.

we need to wait for a while before we can see bitcoin price is reach $5k because its really need some support and backup from many people especially from the traders itself. but with many of adoption in every place, i guess we can see bitcoin price is reach that price soon and we can see the price is increase more and more. but if the blockchain is not fixed for the transaction, then i think we need to wait for a longer time because sometimes one transaction is going to wait for more than 24 hours and i think its should be fixed to be smooth and clear of the transaction in future.

God will not know what happened to bitcoin, god is your belief, but living in the age of technology, you should not mess with god when using them. Because they are not related to God. God is your belief, but do not put your faith in this forum. The development of bitcoin depends on the market, depending on everyone.

50 000$ for 1 btc, It's a very awesome price, but, really I don't thing that could be happening. I think bitcoin will die before reaching the 50k$. I think the price will increase over the years and achieve the 10k$ in 3 years.  This is my prediction according to bitcoin price. I hope we will see it soon as possible, and why not if he cross 50k$ barrier,  I will be very happy for that.

This price sounds like a dream but still it's so exaggerated. And even if this astronomic price could be possible what time it should take to reach it. From my perspective the Bitcoin price could reach 6000-7000, maybe 10000 at most but so many conditions and parameters should be fulfilled.

I really doubt whether I will have the patience to wait until then. I think that when BTC crosses $5K or $10K, I will sell most of my coins. Also, it is getting quite difficult to earn Bitcoins right now, as a result of the increase in the exchange rates.

I don't think it can reached that price. For me, maybe around $10K is very high and must be very difficult to reach in the next years to come. But who wouldn't love to see bitcoin = $50K?. I try to be optimistic with every bitcoin price prediction. But "That day when Bitcoin hits $50,000.-" is just a dream.

We can consider the demand and the supply.  It is very possible that bitcoin will reach 50k USD.  Check the country that adopted bitcoin and check the price of bitcoin.  Plus the fact that bitcoin has a deflationary feature, and the halving of it every four years.  This means there will be an increase in demand but a shortage of supply.

I think it's still long way ahead,with the high fees,chain fork and any other problems that bitcoin has
But let's pray that we still live and healthy till bitcoin reaches that price or higher cause i still can't taste the profit from bitcoin that i had

I consider myself an economist given my occupation as a trader in markets that need to be very updated about financial issues all time, and so I have a natural tendency to leave excessive optimism aside. It is never advisable to trade influenced by enthusiasm, or by any kind of emotion.

However the behavior of bitcoin, and the altcoins market in general, has not ceased to amaze me day by day because of its unusual expansion, so I think it is perfectly valid to expect a bitcoin price arriving to that magnitude, although I have enough doubts about the real sustenance that can push the price at those heights.

Bitcoin at $50,000.  I'm pretty optimistic, but I don't think we'll see that until later in 2018.

Looking forward to that day as there will be a global celebrations for this record and many millionaires will start popping up but I'm skeptical though if that will happen anytime soon.

Not. Going. 2. Happning.

Of course i'm pretty sure the time when bitcoin price hits $50.000 will come and that time, i choose not to sell my bitcoin and use it to buy stuffs unless it's emergency and i don't have any money left.
I prefer to keep it because who know the price will increase even more? Or the sad thing is when the price hits $50.000, the inflation is so high and we barely afford anything with that lol. Since it happened in the future, we won't know how much the prices for daily goods are.
But i hope only bitcoin price is increasing, not the other price so we'll gain many profits lol.

Yes, I hope the bitcoin will reach $ 50,000, if that happens I will not have to do anything, and it will be a dream come true, a dream of being a bitcoin millionaire

I think that is possible, but it is also close to impossible. $50000 is a high price, and if you think of the past prices of bitcoin, it reach $2000 after 8 whole years. It takes 8 whole years to reach $2000, following that pattern, we can get a bitcoin price of $50000 after 200 years, but hey, at least we have a chance right.

Well...
Asume 18 million coins at that time  at $50,000 per coin.
That means the total worth of all the coins would be 900 billion.
18 million coins would mean the year 2020. 2020 means there would be 7.7 to 7.8 billion people on earth.
If everyone would posses just $120 worth of Bitcoin, bitcoin's worth would be this high..
:O

If we were to think it would reach 1 million/bitcoin, we would arrive at a less realistic rate... 18 trillion worth of Bitcoins around the world... That means everyone would have to own $2000 worth of bitcoins... You see that happening yet? I don't think that will ever happen.
Once that many people are interested in Bitcoin, there will probably be another alternative to the real world, besides internet, which would probably also be able to use as payment system.

Agreed, we have great chance of reaching $50000 because bitcoin has given unexpected results in the past. As a part this to an predicted price by senior person of the bitcoin community. Hope thia to come into reality as the users will increase in a short when more and more Countries legalize bitcoin usage.

Let's be realistic here. We all love to see bitcoin price to peaked at $50000. But is this price really can be touch in the future? Looking at the historically price of bitcoin, it seems that its really impossible. Don't get me wrong, I love to see the price really touching it and I try to stay very positive. But $50000 is way to high a price to see bitcoin get it. I think $10000 is more likely to be touch anywhere in the future. If ever I'm proven wrong, then I'm with you guys, celebrating, popping champagne and enjoying like there is no tomorrow.

Nothing is impossible and bitcoin does have a potential to reach $50k but it is not as easy as it seems.We need proper distribution of bitcoin among lots of people instead of it concentration with few.

Pesky Pessimist!

Really...
Look at this:

16 million BTC
7.5 billion people on earth
$50k per BTC

50k*16 million = 800 billion

800 billion / 7.5 billion = ~$107 per person

If everyone owned $107 worth of Bitcoin, Bitcoin would be worth 50k!

I really wish your calculations were realistic but unfortunately they are not. Most people have never hold $107 worth of money in their hands during their entire life. Check out some facts here: https://www.dosomething.org/us/facts/11-facts-about-global-poverty


Considering those facts I think it is more realistic to expect $25k. And I, for one, think that we'll see $25k in 5 years.

I hope I'm still alive when bitcoin touches 50k usd so I can celebrate it with you guys! For near future I will be very happy if bitcoin reached 5k usd and it seems make more sense.

It seems like an irony, and I totally agree with you. They are giving false ideas, it is not like reality, although bitcoin has a strong potential, but it is always suppressed by governments, the value of excessive bitcoin will lead to terrible. Economic depression, currency devaluation, and things are worse, so they will stop it.

Adoption will definitely help, but we need institutional investors that will jump into the Bitcoin ecosystem.

If they even allocate 5% of their holdings to Bitcoin for a longer period of time, we'll easily maintain a price above the $20K mark ~ that's why an ETF comes handy.

If you combine that with the constantly increasing general demand, and more average people shifting from gold to Bitcoin, the price will literally explode in value.

If you take all that into consideration, it makes selling at current levels a pointless and stupid practice. It's definitely not too late to start accumulating as many coins as possible.

Most Kenziens don't know reality and I tried talking to them. What they are blind about it 100% of their money like their fake dollars (no longer real like they use to be) go to 0 they all do. When dollar use to be real it was deflationary. So yes BTC if it last long enough will be 500,000,000 fake dollars. It depends on how delutional the Kenziens that run the show are if they loose control the teft through inflation will speed up the BTC will speed up.

;D ;D ;D ;D ;D ;D Ok! Satoshi!! In case you are reading this thread later in future and you decide to give free BTC to us your true believers like anubisath said, please put my name first on your list. But seriously, if I am not too old by then when it gets to $50,000, then I will live life to the fullest.

I really hope to see that day and see my friends faces that now are thinking that I'm crazy to invest in BTC, cause for they BTC is a bullshit... And I will change country (a country with a better tax system), I will buy a  villa and I will make a quiet life, without job. This is my dream ;-)

the dayy when BTC hits 50,000, Satoshi will be the most powerful man in the world I think. And like you, I think is possible to see a huge inflation of the dollar in this moment. But I have read also that BTC may become the courrency for big transactions (like home sales, etc.), and in this case is possible to don't see a huge inflation of  the dollar.... I really hope this!!!!

When the price will reach to that value then it will mean that the market cap is increased too much and many countries have adopted bitcoin for their state so with it many things will be available so at that time we will not need to sell our bitcoin but we will use them directly.

yeah 1 satoshi also will be more powerfull than today . then may be we found micro satoshi or nano satoshi in faucet website lol  ;D

When bitcoin hit $50,000, I am so glad of holding bitcoin before that coming but if I won't hold that. It is very annoying for me. It is a big chance to us to have a big money for just cheap capital that we invest. Bitcoin always rocking my wallet. It always gives me more money to be cashed out. Bitcoin rocking the world in its price increasing so anyone try to have this.

i believe bitcoin can do 40% year over year growth from today.


2500*1.4^9
conservatively speaking, in 9 years, we'll reach $50k USD per bitcoin.

Of course, that means to reach $100kusd, $200kusd, it's just a matter of time.

As long as central banks keep printing fiat, it'll keep going up.

When I met the day that 50000 per btc,I could experience now how to be a millionaire.My dream is to become rich and help the needy.
So when this price hit many bitcoiners will celebrate for the beginning of rich life in this world.

I wish :)

It will take some time though.
Let's enjoy being part of this amazing thing as long as it lasts!

On that day when bitcoin reaches $ 50,000 I will only sell bitcoin a bit from the supply I have because I'm sure there will be price increases at a later time. The rest of the bitcoin I have will be used for long-term investments, and I'll use it for mining, trading etc ..

Yep, that's right, we have compound growth here.


No, that’s not the point. If it was because of printing fiat the price of gold, silver and platinum would be rising too, but it is not the case. On the contrary, the price of precious metals is only falling over the last five years.

You are ignorant about gold and silver the reason they don't go up is their freedom was snuffed out buy deception lovers / freedom haters. If gold and silver were on a free market they would skyrocket. So don't look at prisinors gold and silver they are not free and you can't use them as compoarison untill they get out of jail one day.

i don't think that it can hit so high. know we're at around $2900 and i think with more acceptance in the "real" world like shops and big internetstores it may can double it's price to around 6k-7k but that's it.

With bitcoin you never know, think about this scenario, Trump is assassinated, the world panics and the finances are falling, the only safe values are real commodities like gold, silver, platin and the cryptocurrencies, much easier to trade, to exchange, to transfer... what would be the price ?

If one day or the other,bitcoin price hits $50,000, then definitely i would sell some of my bitcoin say 0.1 or 0.2 btc and i would either buy goods of necessity or luxurious and enjoy my life.I would retire from my job and start travelling across different parts of the world to enjoy my life.

To think that bitcoin will survive for ever is irrational. There are many competitor-currencies and Bitcoins own core developers are doing everything to kill it.

Agreed.  For all intents and purposes, bitcoin is outdated technology. Only reason why it keeps going is up the powers that be (the ones that got in early and made millions) keep pumping it not because of any innovation but because they are deeply invested in it. Eventually, it will die out to the alts that will go mainstream.

Each have different perspective, and what I believe is the technology might get outdated but the same won't cause the alts to take control over it with hard competence. Own core developers are not making it get destroyed, because of the high advancement of  other altcoins it looks lacking in development which is not true.

I think bitcoin will survive forever. The competitors are just some copy paste clowns of bitcoin. The day when bitcoin will be 50.000 dollars will be the day when many poor people dreams will come true. Of course this people are those who hold and will continue to hold bitcoin until that day arrives.

Can you please elaborate a bit more? What jail are you talking about? Is it not allowed to buy gold and silver where you live or anywhere else? What do you mean by " If gold and silver were on a free market they would skyrocket."? Aren't they on the free market?

next halving will be in 2020. If before the halving the price will be around 10.000/12.000 $ (I believe in!!!), probably 1-2 years after the halving we will can see 50.000 $

If Bitcoin gets up to around $50,000 then I would try to sell a portion of it as well. There is not that much things that I would want to purchase if the price of Bitcoin gets that high so I am pretty sure that I would try to hold onto some Bitcoin before the price goes past $50,000.

If that happens by then I wish to have 40 BTC. 20 BTC to hold for our pension as I am 60 years old and the other 20 to have our own home and security. Living on rent is not good because our money is going down the drain. I would then feel I am a good provider for my Family. I will look at this thread when that happens again and let you all know if I ever reach this.

you must not have that much vision or strategic thinking to believe $50,000 couldn't easily happen.

how about $500,000 ?

Till price hits the speculative value, no one believe it will happen for sure. Even now people accepting speculations about 3000$ or 5000$ due to current bump.
If that value achieved soon then we consider that amount as well. Personally don't think that this value is possible before 2050.

$50,000 is actually my goal price for bitcoin - which I have set for 2022. In 2022 I expect Bitcoin to hit $50k and I will start slowly selling bitcoin over the next several years. Hopefully by the time I've sold off a good amount of my bitcoin it will be up over $100k per coin. I am very confident in it hitting around $50k in the next 5-6 years. I will be a happy man that day.

Well, Bitcoin has the potential. It is certainly a topic that you can use your imagination on.

Personally, I am not setting such high hopes. I hold 10 Bitcoin at the moment. They are sitting in cold storage. Personally, I am waiting for Bitcoin price to reach US10000. Such a value is a more reasonable number.

Would you sell Bitcoin if the price of Bitcoin gets up to $50,000 or would you just try to hold the coin till it gets up to a million dollars or something?
I would hold my coins once the price of Bitcoin went up to around $50,000 because the price is only going to get larger since Bitcoin would be all over the news and there would be a bunch of new money pouring into Bitcoin.

Okay, that sounds a bit silly but i also keep it as well as a long term investment at the moment, i think there is no harm in making this thread as a witness when it is indeed true go to 50k dollars in no time. Yeah everyone will see it on this thread

I don't think bitcoin will ever rise up to 50000$, but if it does I'm totally selling it away.  For now I'll just hold

I bitcoin bitcoin hit 50,000$ after 25  or 50 years 50,000$ will be cross bitcoin have require a very hard struggle if all people can start bitcoin with hard struggle and spread knowledge to every person I hope bitcoin cross 50000$ in future will passed with hard struggle.

What an interesting concept. I wonder how many will write and then lose their Priv Keys or make bad investment in Altcoins and be mad about their initial post  ;D

thats where you wrong bitcoin can reach 90k usd per bitcoin at 2050 and can even possibly reach 6k usd at the end of the year and lets hope it would actually reach 6k at the end of the year that would be soo nice

Right now my total Bitcoin holdings amount to BTC0.00369, or less than $10 in today's exchange rate. But if the exchange rates increase to $50,000 per coin, then my holdings will be worth almost 20 times that much. But it is still a very small amount. I am seriously considering converting a part of my assets to Bitcoin. But before that, I need to analyze whether I can afford to take that much of a risk.

That day is not so far 1 btc = 50.000. When bitcoin adopt more and more countries. They use bitcoin their daily life. Use store and food corner. More people use it. Btc price will be higher and higher

If bitcoin hits $50,000,i would sell some of it to buy essential goods as it is said that all shops would accept bitcoin as payment at that time.But i think that it would be year 2050 to reach that price.By that time, my age would be around 70,the retirement age and i would hold the remaining as savings for my older age so that i would not be dependent on any one for my needs.

There are many BTC value rallies to come in upcoming years. Now when the price is far behind the $1,000 it's perfect time to push it a little bit further for as many newcomers as possible. I see some milestones in wider adoption of BTC worldwide. I would call it "trains":

- the first "train" is already gone. It was called BTC. This was train for early adopters, who acquired Bitcoins at the price of tens of $, or when mining was much more easier than it is now
- the second "train" is slowly starting right now and it is called mBTC (one thousandth of BTC). And its price is very nice at the moment cca $2.70 per 1 mBTC. It is very likely that this train will go the same way as the first train. And in few years we're gonna see the same scenario with mBTC as we saw with BTC since 2010.
- the third "train" would be for the masses and it will be called μBTC (one thousandth of mBTC). This would be the final one, when Bitcoin will become mainstream and majority of daily business transactions will be performed in μBTCs.

Sure, bitcoin will be hit $50000, but now it is not in this time, within 10 years, definitely we will see bitcoin in a top place and may be bitcoin hit more than it.
But same that thing, bitcoin take time to reach in a topest price.
Now bitcoin have come on the race and now i am too curious to see when almost bitcoin holders become millionaires.

Haha, we only need wait the time prove this thread is right. When the price of Bitcoin hit $50.000, I will go to this thread and laughing people did not believe it. Wait wait and wait ::)

People it won't take so long to reach $50,000
Some say 10 or 20 years.. I'm telling you in max. 5 years BTC will reach this value. It will be HUUUUGE!

Yes, but the calculation makes a lot more sense when you figure that in the next 5-10 years the number of people in rich countries who have some bitcoin could be 1/10th of current world population. so 750 million "rich" bitcoin users. If you figure the average amount each of these users have in bitcoin is $1070, then the calculation comes out the same. Not to mention lets just say another few hundred million people from poor countries have some smaller amount of bitcoin. Plus the average bitcoin value per user for those in "rich countrys" will probably be a lot more than ~$1000 by then. Given this it is easy to see how bitcoin price could be well above $50k in the next 5-10 years and even well over $100k.

Personally I think $50k is a good target for 5 years from now. Possibly rising to $100-200k in the next 10 years.

if Bitcoin hit 50k, it's because people don't trust the bank.
so, yes ... when you don't have fund in bank, you MUST sell.

and guess what ?
it's a real market now ... a street market.
without central bank cheated value.

and early adopter like all bitcoin users, spend coins.

Thats right I think also the price of bitcoin at $50,000 is very impossible to happen. I think the maximum price of bitcoin 10k -20k dollars only and I think few years before its happen. $50,000 is not happen even you wait hundreds years. Even more people invest in bitcoin they did not reach that price unless billions of people using bitcoin maybe the price will be $100,000 but it is very impossible for sure.

think again.

https://bitcointalk.org/index.php?topic=1907538.msg18949525#msg18949525
and
https://bitcointalk.org/index.php?topic=1119926.0

http://imagizer.imageshack.us/a/img922/6151/M4qy5i.png

That would be cool but do not forget the staggering fees. I think that price is too far beyond expectation, maybe bitcoin will reach that price but will take a lot of years to complete.

There doesn't have to be high fees at all.   The more users, the more the NUMBER of fees scales EXPONENTIALLY... so the AMOUNT of fees can be low.  Get it ? :)


P.S.  Current high fees are ENTIRELY because of the 1mb blocksize.  You can thank your Blockstream/DCG/Bitfury cartel for that.  Read my letter and get it to miners worldwide.

Being a user of the bitcoin I know some of the features of the bitcoin and in which one of the most common one is that it is not predictable because we never know what can happen to the bitcoin even in the next few hours.

It is always at a high risk so it is better to sell it at that price rather than holding it and if something wrong happens and then you are not able to get even that for it.

That is because we have different mind. It depends on your own prediction. like the two of you. You have different opinions. Even great predictors fails in their prediction sometimes. It depends on whats we are doing today. Because the future is the result of the present.

What could be worse than making lots of money and then losing it right away? The markets offer investors the opportunity to make money, but for many a market bubble is something scary.
And are we experiencing a bubble in the price of bitcoin? This questioning comes naturally after last week's panic that bitcoin suffered a price correction, dropping to about $ 2,000 when most investors targeted the $ 3,000 range. Many said it was the bubble bursting.
Over the course of that week as time passed, we saw that perhaps it was not a bubble. The currency returned to value practically in the same previous level.

i am agree, every people have their own prediction and its better to keep our prediction if we don't want to share with other people and if we make mistake, only us that will know the mistake and other people will not make any wrong statements for us. i think every people which make predictions can be wrong and they missed their predictions but its fine because crypto currency is something that we can predicted precisely so whatever we can do, we only can predict in a range price.

That price range will be still at the long time run of bitcoin,development and adoption is not instant so we need to take time to pump this price up to what you are expecting at $50,000 per bitcoins.Competetion will be a thing to stop it also

Well, I hope so when the bitcoin reaches $ 50,000, I will not have to do anything, and it is a dream come true, then the dream of becoming a bitcoin millionaire becomes reality.

Now, I should collect a lot of bitcoins :D

Looking forward to this day. We all know that it's not impossible for the coins to go that high. But there are factors that matters. Some barriers that needs to be crossed, issues that should be solved.


Invest more. More money = more more money  ;)

Still 6K at the end of this year is kinda insane. I don’t think it will go this much high in the end of this year. Though it have the scope to go high but not this much rapidly because in my opinion the bitcoin still have a long way to go. There are still people who don’t even know that what is a bitcoin. But practically bitcoin is growing regardless of those people's awareness levels.

When bitcoin will be having huge values, all the people will come to know what is bitcoins and that may help further to push forward. This way $50,000 seems highly possible too. When $50,000 is possible why not one million dollars ?

Was reading this article by investopedia that bitcoin could hit 100k in around 10 years: www.investopedia.com/news/bitcoins-price-could-cross-100000-10-years/

Well, thats when we will be all blown away. But I doubt its going to happen.

Don't think I would witness btc this high, but if it happens to me then I would trade my btc and buy some decent properties lol

Yes, we still have to survive first to see this price and manage to hold our bitcoins until that moment.

Yup 6k by the end of this year is not happening according to me. Regarding $50000, bitcoin demand will keep on increasing in future and halving every 4 year will decrease the supply. This all sums up to great hike in bitcoin price. I think bitcoin will reach this price. But when is hard to speculate.

Bitcoin price might be rising up to the moon for the past few months but I still doesn't believe bitcoin will hit $50,000 in the future, because if bitcoin does get really too high in value and too expensive to buy for most of the users, I believe many users will start searching for an alternative altcoin that could replace bitcoin and Ethereum seems to be going for it.

This is a ridiculous excuse. No one will refrain from purchasing Bitcoin because it's exchange rate is rising. On the other hand, more and more users will be attracted to it, if they could be convinced that Bitcoin should give decent returns in the long term. And right now, there is not much difference between the market cap of Bitcoin, and that of Ether. So the latter is not in a position of advantage.

What I would do? I would go to my friends and family and tell them "I TOLD YOU SO". LOL. It seems like for all the people I know irl I'm the only one who believes in crypto. They laugh for now, lets just see who laughs in the future with all those profit from crypto.  ;D ;D

I generally though these kinds of topics will never happen "as small as the $1000 topic" but now, after the 1000 and even the 2500 dollars limits have already been reached and broken, I am starting to believe these limits are all within the reach of BTC within few years.

And don't forget that yesterday the limit of $3,000 per coin was overcome in Bitfinex. Even in Bitstamp, it reached $2,980, but missed the $3,000 mark. And this is very significant, considering the fact that all this was achieved despite extreme competition from the altcoins such as Ether, Litecoin, Ripple and Dash. Without the competition, we would have reached $5,000 or even $10,000 per coin.

Be patient, it looks like prices will $50.000 be achieved no more than 10 years away, then I suggest to hold bitcoin because we will get a fantastic price 10 more years.

Well it did februari 2021 :)

I think what my friend said is definitely true, because every expert can come up with a very different conclusion, especially with those who are constrained by controls that no one else can do, making it more difficult to guess and ensure accurately.
but usually always do with the habit that is often done and even then it is not easy because the situation is always changing quickly and unexpectedly.

it's just that it's fortunate that every 4 years there is a halving and it's certain that at that time there will be an increase, and that's very sure. so that for the long term of course it can be easily predicted but not for the near term. so if you want to invest and get more value, it is guaranteed for a period of at least every halving period.