Bitcoin Forum

If someone bought $100 of Bitcoin in 2010 and kept it until now, they would now have around $6 million.

Do you think the same could happen again in the next 7 years? If I now own $500 in Bitcoin could that be worth $1 million+ in the next 7 years? Or is it extremely unlikely for this increase to happen a second time?

you said if someone bought $100 of Bitcoin in 2010ish,they should have around $6.000.000 right now,right ?
which mean the price already up around or more than 10000%(more than this absolutely,it's example) right ?
if you say it right now,
that mean you're hopping Bitcoin price will hit around or more than $10.000.000,right(should be more than tthis to reach that point) ?
it's a lot of money for people,so nobody can afford to buy it.
and in the next 7 years,i think it will not happen because it's a lot of money.
from $1000~$10.000 it's a plausible price,because people can buy it and hold it.
how about $100.000++ ? it's a lot and i bet only some people will buy it around that price.
i am absolutely sure our goverment will prevent us to get into it,because we can lose all of our money in the second.
and what will happen with our global economy ?

We have some hopeful analysts who are predicting that Bitcoin can go as high as $1 Million in the years to come..though personally speaking it can mean too much but then I would be so happy if that can happen soon. We have to remember that there is no guarantee whatsoever that the same growth percentage can be happening again and again. The only thing you can look forward to is the fact that there is still a big room for growth with Bitcoin...but as to how much will it grow let's leave the finite details to history though it can be exciting to speculate and predict.

That's a good idea, but it's a little bit difficult to make it happen. It's been growing so much in recent years, and I think bitcoin is going to grow slowly in the next few years.

Hm, let me take a look into by crystal orb... Most of the people here are in the similar position. If anyone knew. And this is the crucial word. Now you know but then you couldn't have. Then you could only suspect or better to say wish for it.

I'm not gambler by nature so for me it was too risky. I'm also not a rich man who can afford to throw away like 1k$. Now i know i could have made a fortune but then it was not obvious. And even now people are hoping than bitcoin will go to 10k$, 50k$, 100k$ but noone knows. If someone knew, he would spend everything on crypto.

maybe yes if the price is continuing to up. or more people patronizing of this...at the price for now ithink there's have a 2nd chance again. but the price now is to expensive to buy..

No person knows what is possible to happen with bitcoin in the next 7-10 years. Its price can go as high as 1 million usd or as low as 10 usd. All we can say is that we hope that this will hapen, that its price will go as high as 1 million dollars. We all work here on bitcointalk and elsewhere for this wish to become true. My grand-mother was saying when guessing in cards: what it was, what it will be, what does the God want. So in ervery wish there is sothing that depend on us, something that depends on the past and something that depends on God.
 The past tells us that the price of 1 million USD for one bitcoin in 10 years is possible, we do everything that is posssible for this to happen, let us say a pray to God that this will happen.
  

yup, history repeats itself dear.

I strongly think it can reach 50k

why are you talking about 2010?
i have started a long time after that and i am still in a big profit that satisfies me greatly.

but please make sure to remember that it is not just about profit and making more fiat out of bitcoin. try to become more familiar with bitcoin and see what it is. use it as a currency some time even if you buy something worth $5 and see how it works. you will see that it is much more valuable than just some XX dollars.

In my opinion, in the next 7 years, rising of bitcoin's price same with the previous 7 years is possible because of many people are being interested in bitcoin now and using it as their investment vehicle. There could be rise and fall because of FUD and profit taking but this won't stop bitcoin in surging and rising to the moon. We are all hoping for it to rise to its full potential so we must accumulate all the bitcoin we can right now, regardless of the price, and let the exponential growth do its job.

That is a terrible idea. He will have spent more than anything he could make if he were to go buying into random altcoins. The reason Bitcoin blew up is because there was nothing like it before. Most of the alt coins I see now are mostly owners trying to make a profit out of pre-mining. If anyone ever feels like investing in altcoins, they should be researching that particular altcoin very carefully.

Personally, I only ever invested into those altcoins that I actually had a use for. If you do not have a good use for an altcoin's specific technology, then you should seriously consider whether the average person would have a use for it or not. Even if it's a niche thing it could still be successful. This should be the first question to come to mind when considering them.

Bitcoin will rise in the future but not by 1000's of % again.

I think if you want this type of return in the future, you need to look at some of the Alt Coins.

Some that spring to mind might be NAV coin, Zcoin, Feathercoin, Black Coin

Your basic, question, I think, is has the boat sailed?

I can relate, because I had hundreds of bitcoins early on that I spent on drugs on the original Silk Road. I've been sober for a year and a half now, and I feel like I've got a second opportunity in crypto.

I doubt we'll see the kind of percentage gains btc had from 2010 until now, but it's still going to continue to climb and I don't think it's too late to get in. That being said, as others have mentioned, if you want the big gains you'll probably need to look at alts. I'm heavy into Neo, XRP, and DeepOnion. I don't know if anything will ever take the number one spot from btc, but I wouldn't be surprised to see some huge leaps in alts in the coming years.

The downspin of alts caused by the fork is a great time to stock up!

I think yes! If bitcoin price will consistently rise in everyday.

I think all developer are continuing to develop bitcoin and improve bitcoin as cryptocurrency so many people can attract to use bitcoin in their life, that will contribute to rise the price of bitcoin. So it will be possible.

I don't think so because that will never be happened, That moment already gone. If you are waiting for that and you will never see that in the future. But if you are believe he possibility of the bitcoin price to worth a lot in the future and you can try to buy it.
Remember the limit of the bitcoin price is the sky. And you must understand about that because there is no maximum value in the crypto.

My friend, your present $500 is unlikely to turn one million dollars in seven years. Because the current market and the previous market are two different markets. The previous ecosphere was very small, and it was completely comparable to the present, so I think it's impossible to rise so much. But if you buy bitcoin now, that would be a good choice.

It is not impossible to happen but considering the current price of Bitcoin and the numbers of altcoins, Ithink you will have higher chance to invest in altcoins especially on their ICO rather than in Bitcoin. That is what I'm currently doing. I invested in Electroneum and other ICO hoping that it will give me good income in the future.

Yes I think it is possible. If BTC can increase by 60000x in 7 years, I don’t see why BTC cannot increase by 2000x for the next 7 years.

But of course, don’t put all your eggs in one basket. You should look at altcoins that are able to help you reach your goal.

If you watch it carefully, bitcoins gained popularity due to the fact that it has gained too many users from all over the world in least time. If we take your target of a million bucks into consideration, Bitcoin needs to make ~20k times the current value which now looks too good to be true. Maybe some decade may show you such values but stick to the reality that possibilities of n times your investment go lesser as it gets more higher. It's not a reasonable amount that you are talking about, so I would say that dreams are good but we should live in reality.

No it is a possibility and this is why people are still investing and hoarding their coins. The same thing is applicable to all Alt

coins. {People hope their investment will make them a millionaire} If someone told me last year that a bitcoin will be worth

$6000 in 2017, I would have strongly disagreed. { It was between $600 to $1000 in 2016 }  ::)

I think that you won't get a second chance as big as we had back then with Bitcoins. What I would do if I were you; invest in an altcoin of your choice, you will have more chances to gain more profits that way :D.

Everything is very difficult to predict, especially if you ask is a period of 7 years. But all can happen, before we ask how many times the money we'll get in the next 7 years we better ask if bitcoin will survive in that time frame?

  I think some alt coins may lead you to have that chance, but it is really an effort to search and decide which one is. There are lots of them now but some of them (let's say 15) have good projects and vision. That is why we share our knowledge in these platforms though :) I am newbie here btw (late comer) :D

Ofcourse it can happen , cause as the existence and the adaptation of BTC is at a rising stage there's still a chance to invest and get a huge amount in return after few years of increment

We will not get the second chance that early adopters have. But we can still get a nice profit if we can get into the market today. There is no doubt that bitcoin can triple or more in the next years to come. We are all very positive about it. However, early adopters has really got the chance to be rich because they believed in bitcoin early and its just right for them to enjoy and benefits today and become self made millionaires through bitcoin.

all can happen in the future. even beyond what you think. as long as we all and people around the world are involved in bitcoin. something that is not impossible will happen.

Where I agree wih most of your points, I completely disagree to this. Price is set to rise if not $10m then atleast $100k-$500k in a coming decade. But that doesn't means price can only reach there if people buy a whole bitcoin. Buy in Satoshis and mBTC can also take the price to unexpected level. That is how the future price is most probably be dictated.

bitcoin has a huge potential so their will always a chance invest now so you'll have no regrets like now
i also regret not buying so many bitcoin back in 2010 its so da*m cheap but now you can buy real estate using bitcoins
so capital appreciation in bitcoin as form of investment is a smart choice accumulate as many as you can this early

you hope to repeat to get a multiplier like in 2010 until the current price again is not it?
I think it's very difficult and I do not believe it will happen again in 7 years, you can imagine how much bitcoin will cost if you expect it to happen, I guess not many people can afford to buy bitcoin because it's so expensive we buy it.

Probably not buddy. I don't think you'll be able to turn those 500usd into a million... That would require bitcoin to grow 2000x in the next 7 years, reaching over 200 trillion dollars market cap. For comparison, the US dollar has something like 12 trillion market cap. Can you see bitcoin being 18x bigger than the dollar in under 7 years?

As I can see both of us are not around we bitcoin started, so we really are hoping that the scenario last 2010 will repeat itself. But as of the moment I can say that it is very unlikely to get into that price that's very a lot of money, many of us is trying our luck in altcoins, for it might go near to the rank of bitcoin, that is still a very big possibility so many of us opt to feel that road than going directly to bitcoin. You could find your way as well, for we have our own paths to take.

I dont think so. Why? Because the price conversion is too high. I trust that bitcoin will keep going high but it will not worth that much.

it's impossible.
Bitcoin prices may still skyrocket, but certainly still within reasonable limits. if you are jealous of people who have been paying off the results of their long-term investing, this is certainly an investment gambling for the future.
But it does not hurt you want to save it for a very long time.

As you said if someone bought btc for 100$ in 2010 and has maintain it till now the person will now have worth of $6 million.The same can happen in the next seven years is not something which is not predictable but it does'nt mean it will not happen there are chance for it to happen again in the future but nobody can predict when it will be as of now the current value is above 5k USD and reaching 10k is not such a long way to go few days ago it was 6k USD and now the market went back to 5k the price of btc is completely depending on the trust which is being build by the people so the market keep changing from time to time.

It's a nice thought but life is not that simple. Be positive, don't be too positive.

We are not sure about the future.
If you want to buy bitcoin now then do it as long as you have the money to buy it. We cannot predict if will make $500k bitcoin into $1 million bitcoin. It's either possible or not. We have now hard fork splitting of coins. So there should be competition of different coins.
If you invest in crypto world don't just invest in bitcoin also invest in altcoins. And treasure your information always.

just think positive, in my opinion it will probably happen the second time. bitcoin will increase every year as more and more people know about bitcoin. bitcoin will be the currency of the future, the possibility of bitcoin prices will increase in the future.

If Bitcoin can stay ahead of the rate of inflation, then it's a better savings medium than fiat bank accounts.

To be honest, 10 years is a huge time scale and I believe that Bitcoin will perform very well in the coming years. I think anyone who is getting involved with Bitcoin even today is an early adopter and he will get good returns on his investment down the road. However, it is not recommended if someone is putting his entire capital in Bitcoin as it is still in Beta stage and wild in behaviour so one should do his own research before taking any investment decision.

Did you mean if you now have 500 $ worh of bitcoins you should increase 1 Bitcoins by almost 100 million $ meaning 1 Satoshi is 1 $ the equivalent. Since $ 500 now when it's converted to bitcoins is at 0.09 BTC and when 1 Satoshi is 1 $ the value of your bitcoins equals 9,000000 $. It's definitely impossible to happen. But it depends on whether the Bitcoins are fully adopted by all countries

Maybe,  the rising of bitcoin is very fast,  but dont expect you can become millionaire with $500,  it is impossible to predict in the future,  if everything is good then you definitely can become a rich person,  but anything could happened and there are so many great and potential alt coin,  but if you are active  and invest now,  I think it is still very profitable investment

I think a lot of people feel the bitcoin ship has almost sailed! Ready so many articles and posts on the forum, the more you read i get the feeling it will be pushing the 10K mark by the start of 2018 which again is a huge increase coming. If you think Bitcoin is a little out of reach, ALT coins can be very profitable if you get the right one at the right time (like BTC all those years ago)

someone actually predicts that bitcoin will rise until 25,000USD per unit in the next 5-8years

To me the bitcoin price at the present is such so high that many people can't afford it. So spending that much money on bitcoin as you said, it doesn't really give us many profit in the future. Maybe the bitcoin price in the future will drop down to zero and we will lose all the money that we spend on bitcoin. Don't take a risk like that.

No one knows if that will be happen still the prediction is going on but only GOD knows about in the future 8-10 years after or more than that maybe bitcoin was bump up or dropping down. As of now bitcoin is too high price to bought to reserve for better future, we are in forum and to join signature campaign I think that is the best thing to do to have more bitcoin by their payments in every weekend.

In My point of view yes!Coz the Price of Bitcoin may increase very fast.

The issue about bitcoin price increase is just not about the amount of years that has happened based on what you are trying to portray rather its the amount of people that have shown indication in that amount of time that has passed. In the next 7 years several things would have happened which might either make the price to worth of 1000% or more, or to have decreased beyond measure.

If the population in the next 7 years can triple what we have now the possibility to  reaching your desired point is very probable but if the challenges with government regulation which later transient to the point of banning with serious punishment of deviance and trust me, a lot of people will lose interest. When that happen, there is no hope to meet your objective.

It is hard to predict that the price increase rate of bitcoin starting now would be the same rate of increase as it is from way before. There is a possibility that it could have a higher price increase rate due to bitcoin, gaining more and more popularity or maybe there it is also possible that it won't because bitcoin gained a lot of attention and it would likely to happen that there will emerge some altcoin that could go toe to toe with bitcoin. Well, this is just my opinion though.

Yes there might be a chances of increasing but the person like me couldnt able to afford 1 bitcoin even its price goes to 5000$ . Now the chances for millionaires or the rich people to get more richer . Not for the person like us may hardly i can buy one bitcoin and hold but not sure when i will sell for hardcash.

There is a possibility that it could happen again considering that bitcoin is gaining more attention as time pass by. If this attention that bitcoin is gaining could give it a positive effect, we could expect that the price increase rate of bitcoin could also increase same as before or even better. We see that bitcoin has reached its 5k$ marked and is still continuing to increase so let's just hope that it would still go on.

That’s is possible only if everyone of us is investing of bitcoin are millionaires that could happen. It will not be happening for the past is something cannot retrievable and only those who experienced it will have the taste of it. And I’m  not lucky to be one of them and many others who ignored and don’t believe bitcoin will come this far.

Possible, yes, most likely? no. But who knows, the crypto world is unpredictable. But who knows, I do know bitcoin will eventually hit 50K. its only a matter of time.

In my opinion, Bitcoin is still in its early age. Bitcoin hasn't reach most part of the world specially in my country and the 21m coin limit is not reach yet so there is still chance that bitcoin will sky rocket. Some people see Bitcoin as an investment game and more people are getting into the game that's why it's price is going up. So if I were you, I would invest and take the risk to see if I still have that second chance but it's up to you sir  :)

Probably yes, because as of now the circulating bitcoin is about 16M and there is only 21M available bitcoins. Its nearly at its limit, and as the law of supply and demand suggest a limited supply and high demand would result to very high price. But it is only applicable if bitcoin is still at its fame at that time and I think it is.

Possibility of second chance is open. In this case, i think its difficult same thing happen since bitcoin price is too high.
But i hope it could be haappen next future.

This possibility is quite small, unless the bit currency fell back, and then rose back.
 :o :o :o :o :o

I think this is possible but how you can be sure that you won't sell your bitcoins when the price rises just some 30-50% or so? In my opinion, only die-hard enthusiasts could resist the temptation to keep their Bitcoin stash untouched when the price shoots to the moon in the meanwhile. We read about this or that dude making a fortune with Bitcoin for having not sold their bitcoins during all these years, but I'm doubtful that they knowingly kept their coins. They might have forgotten about them, and then, all of a sudden, something made them recall that they have a stash of bitcoins which is now worth millions of dollars.

Holding is the main fact for the bitcoin users but the people used to sell the bitcoin whenever they are in the need of money. If the coins can be holded for the five years or more we will be able to more money like 1 millions worth of USD for one bitcoin dude. Even Satoshi expects the bitcoin value should be touch the 10k USD cost for the one bitcoin 2025. But seeing the current adoption and market trend about the bitcoin we will see that value 2020 itself.

I think this ability is very hard to come by because Bitcoin is probably close to the top and it's just a little bit higher in the future. I do not think there is any such high value in seven years. The second chance is still to come, but the profit you make will never be the same as you expect

But high price may work against Bitcoin at the end of the day.

If Bitcoin becomes too expensive, many, if not most, people won't be able to buy it. Yes, it is infinitely divisible, even though we don't need that right now, but don't forget about transaction costs. If the latter rise alongside the price, Bitcoin will be available only to rich and superrich, which somehow undermines its purpose of being a medium of exchange for daily needs. it will be like a Berkshire Hathaway stock priced at over 200,000$ per piece. Surely not something an average Joe can afford.

Although I want the same thing to happen because it will be a dream come true for most of us who weren't one of the early adopters. But I always tend to side with the reality and I think that that scenario years ago is unlikely to happen. The price will be quite intimidating for others to consider to acquire and it might affect the community of btc.

i dont think bitcoin can reach 1 millions in just few years, but i do think it is good time to buy bitcoin now because it is dropping, you can buy it cheaply, and hold for few years, if lucky enough bitcoin can rise in few years and you can sell it for profit.

this Dream make Bitcoin price up to 6,000$ and to the moon soon

That's why many people fooled about the issue. everybody says bitcoin will increase to millions of dollars and will gain more profit. I don't think so, the wheel is always spinning the price of bitcoin will not always go up and not go down, we don't know what will happen in the future but I guess its like gambling

Possibly, but the problem is I don't have the money to invest on BTC. I'm still new here so if I were lucky enough to earn big time in signature campaign then I won't hesitate to invest some on BTC and hold as long as I can.

you can try with other way to earn bitcoin. i think you can join in bounty campaign so you can earn tokens and you can sell the tokens for ethereum and then you can sell the ethereum to earn bitcoin. i think there is many more ways that you can use to earn bitcoin but you need to work and you need more time so you can able to earn more bitcoin.

It is not worth looking back, just look ahead and the future is bright, even with less btc in your pckets :)

if you know to arbitrage by trading at 2-3 exchanger you should make good profit and probably can make 1 complete bitcoin by doing this

i think it's very hard to get like old chance , but it's can happen in altcoins .

Not a snowballs chance in hell my friend. The $ per coin for bitcoin would be way higher than any high end estimate and is very unlikely due to that reason. You could however get in low on an alt and watch it boom to the moon.

Probably wont happen today or next week as the market isnt exactly in a bull run but if you get in on the right coin and it goes through a bull run I dont see why not you cant do that. I think somebody invested a few btc

into stratis a year back and that coin took them from a few thousand to something like $25 million. It can happen you just gotta choose correctly and have a  bit of luck of course!

I don't think that bitcoin will be the same in 7year, I think it will increase but not the way that it increases before, but we can't really say it, but for now, if you really want to earn more, you should look into altcoins as well, look for potential altcoins and invest there.

Yes, it is possible if we save bitcoin now than we can earn large profit in coming future. One should try to save as much as bitcoin he can for future and than we can get best returns in comming future. As more and more peopel are trusting bitcoin it is becoming more big currency and saving it is best option now.

I'm not seeing that happen in the same span time of 7 years but when bitcoin replaces the current payment system I think it can even pass that growth %.

Nothing is impossible in cryptocurrency. Yes it can be.No one what will be the price of bitcoin after 7 years. Though 7years ago bitcoin price was 1$ = 1400 bitcoin and now price is 1 bitcoin= 5500+$ so it can be. But no one can tell the exact price.

I always feel like, when I look back, I should kick myself for not hanging on to what I had.  However, hold now!  Bitcoin isn't done with it phenomenal growth yet.  I am serious!  One Bitcoin will be enough to buy a house with in 25 years.

I think its the wrong question when you ask like: can bitcoin increase x100 again ?
If you want to try to calculate future prices better look for the absolute increase in value.
When you ask if the value can go on growing at the same speed the answer is simply - yes it can.
Say in the last 12 months it was rising from 1000$ to 5000$, the increase in value was 4000$ in one year - and if people go on investing the same amounts of money into bitcoin it will grow another 4000$ in the next 12 months again.
IF the people go on investing like they do now- nobody knows for sure.
I think bitcoin will be REALLY MAINSTREAM in the next 2-5 Years.or call it mass adoption.
Its easy to imagine that at this point it will not only grow 4000$ a year. Maybe 10,000$ or even a lot more.

So with all this in mind, in 2025 Bitcoin will be worth between 0$ and 500,000$
 ;D

Bitcoin exist for 8 years so it will be very hard to say what will happen in 7 year, it's still very young so you also see what has happened these years, maybe soethinf unpredicted can happen in second 7 year. But I think it won't fall so much and then rise because it's now very high, if it fall, then there are some serious problems which will be hard to fix and will take years or it will die.

There will always be a limitation to how much something can grow. There are a limited amount of people here in the planet, and thus there is theoretically a limited amount of support and investors that Bitcoin will have. That doesn't mean Bitcoin won't grow anymore, it's just a way of saying that Bitcoin has grown a lot in the past time and now the growth may slow down.

I think the price will keep increasing. But it wont be that fast after now. It will be increasing slower after now.

Well we will never know unless someone will try it today and wait until these next few years would come. That time (2010) I guess it is the risk that each investors take, where there is no assurance that bitcoin or the investment they have will boom in the future but they believed and invested and now they are just truly lucky that bitcoin is at its finest and hopefully be more in the future.

Possible! It could happen that is why i am doing a lot of efforts to earn a BTC for the future because i am expecting more expensive price of BTC in the future.

Bitcoin will still rise but not the same percentage of bitcoin in 2010 up to now. I think, It can grow up $100k in the future, so investing now is a great idea. You can also try to invest in altcoin.

we still have time to earn more bitcoin for our future because if we have more bitcoin then when the price is increase, we can sell that bitcoin to make big money too. and i think if we can safe more bitcoin for a long term like more than 5 years, the bitcoin price will go to higher than now and i think no one will know how much the price later. we can only safe from now and preparing for the next higher price in future and there is possibility for btc to gets increase in next few years.

Well anything is possible since we do not know what future holds but how likely it will happen it can be highly unlikely. Yes you can still be a millionaire but not for 7 years. We already missed that opportunity and that is the reason why people are investing in ICO hoping that it will give them huge profit.

If BTC will continue to rise up, then those who holds it will end up as the winner. Alts would just be another way to increase your bitcoin.

surely it will happen, but will take 5-7 year if all goes well for Cryptocurrency. Altcoins are also can be our second chance .

I find your answer difficult, I would recommend altcoins

You should not doubt bitcoin and just grab the chance or opportunity and buy a lot of bitcoin right now because there is no person that can tell if there will be a 2nd chance or 3rd chance or even 4th chance because it depends on your action. If you will take action then that is the time that you can tell yourself that you get the 2nd chance because nothing can happen if you will not take action and if you are just thinking and doubting then it will lead for no results or progress.

It would not happen anymore, Bitcoin will not become a cent anymore. Lets pray for the bitcoin bubble to explode so we can see bitcoin gradually falling from 5k down to 1k.. Once it taps the 1k, the next top would be 12k or higher

I doubt it will go up that many percentage, but there is still room for growth. As long as you're not losing money and bitcoin doesn't lose its buying power, that's what matters.

definitely not at that rate of course but as it seems it keeps increasing. Really depends on how many people start adopting it. if a big player like amazon starts accepting bitcoin or a major country legalizes it, we could be talking huge spikes in demand and thereby price but something of the 2010 to 2017 growth rate is not probable at all -
- zero.

I do not think that the price of bitcoin can ever reach the level of one million dollars, especially in the next seven years. This would greatly affect the global economy and the consequences of this may be unpredictable. The price of bitcoin will grow, but not so quickly, with sharp ups and downs. However, no one can predict exactly this.

bitcoin keeps on increasing, I think everybody will put the bitcoin on in their lives every day.

Surprises are everywhere, if your going to invest few hundred dollar on Bitcoin today and wait for another seven years if your fate that Bitcoin value will multiple to million dollar. it was not far to happen.

You may get million dollar by that time. Due to volatility of crypto currencies, Bitcoin value may turn to something that beyond our expectation.

Bitcoin price will increase in the next month or year but no one can predict how much will a 1BTC will cost after a month or year because of the unstable price. Invest now when you can and you have money for you will be enjoying the outcome in the future.

How can you say that? There may be only a few million people actively using Bitcoin right now, while there are over 7 billion people living in world today. This is not to say that all these people will be using Bitcoin or some altcoin in the nearest future but if even small part of them gets into cryptocurrencies, even if for speculation, their growth is going to accelerate dramatically. This year is not yet over but just within 11 months of it we made like 6x. To me, this is what could be rightfully called exponential growth.

maybe that, it time is 2nd chance for bitcoin. because few days ago bitcoin price was low but now bitcoin price is good. currently many people join is bitcoin and this is 2nd chance for bitcoin maybe.

I can not explain if all Bitcoin users will save their coins for the next 7 years, will the Price continue to increase if all users do it?
If I think the Bitcoin movement will be very slow for the next few years, because the current price is very expensive and certainly very rare investors buy Bitcoin if the price reaches $ 1 million per BTC.

If majority of the Earth's population join into the BTC trading - I would say that it's highly possible to achieve the crazy 10K% growth for the second time...

Bitcoin’s Performance In 2017 Is Just the Beginning.Overall bitcoin proponents across the web are thrilled with BTC reaching the $6K mark, and many believe the moon launch is just getting started. This year has been phenomenal with bitcoin capturing the $1K price back in January, the $2K range back in May, the $3-4K climb in August, $5K this past October 12, and now $6K during mid-October. That’s more than a 700 percent climb throughout the course of the past three quarters and there’s still a few more months left in 2017!.Due to the massive price spike, this year Bitcoin has caught the attention of mainstream media with publications like CNBC,The price of bitcoin has touched a new all-time high of US$6,000 across multiple global exchanges with a current 24-hour volume of $1.7B.High levels of trading are currently stemming from countries like Japan, the U.S., South Korea, and various regions across Europe. Additionally, bitcoin is trending in countries with failing economies like Zimbabwe, and Venezuela as citizens are using the digital asset to escape hyperinflation. Merchant acceptance is growing wild too as nearly every week news.Bitcoin.com is reporting on a new well-known vendor, nonprofit, or organization that accepts bitcoin for services or donations.Unlike previous years were only few conutry and few individual know more about BTC.So where did you see the prize is going from here?

I think BITCOIN price still go up so far, and global governments can not prevent this change.

I dnt think it will go uo at that range.but im sure it will go up.so i think the chance of getting that amount is 50 50

I think there is always a chance.  Because the price of bitcoin aleays increase and consistently increasing

it's very difficult to make this in bitcoin now , but you can make a good profit with bitcoin , but not like the first chance .

You likely meant second chance, correct? There is a movie series with such a title, lol. I don't remember if we ever reached 10k dollars before but we will likely get there sooner than most of us dare to expect. Anyway, even if one third of the world's population invests in Bitcoin, we will definitely see prices in many thousands if not hundred thousands of dollars for just one Bitcoin. In my view, there is nothing extraordinary with Bitcoin prices around 10,000 dollars. It is just a matter of time till we get there, likely, in a month or two. Just a year ago prices like we see today looked simply unimaginable.

There is no upper limit as far as bitcoin's value is concerned so it can happen for sure. As for the likelihood, I think it is pretty likely. Bitcoin is continuing to rise and it does not look like it can be stopped.

I think the thing you are not considering is if the price does continue to go skyhigh, the people who were buying 1 bitcoin for a few hundred dollars a few years ago, and people who want in and get there hands on some Bitcoin and cant afford a whole one, so they will purchase 0.1 instead and i think this trend will continue as the price rises... 0.01 and then 0.001 etc etc

Yes, maybe. But it always depends on the market. And I think it will grow faster this time, because BTC has proven itself already. Hoping that its market will continue to grow.

Probably not. Then was a completely different situation and a completely different market. Hardly bitcoin outgrowths up to 200,000.

The price definitely would go up but not at the scale it went from 2010. If you purchase btc today and somehow manage to hold for 7 years, you definitely will get handsome profit but don't expect it to be a thousand times your capital

Of course it is worth investing. Of course, you can not raise millions, but you can probably multiply your investment several times.

I don’t think $500 will get you 1 million dollars in 7 years. That would mean about 0.1 Bitcoins would be worth $1 million. We’ll be lucky if 1 Bitcoin we’re with that much. I think it could take 20 years or more for 1 Bitcoin to be worth $1 million but even if 1 Bitcoin is worth $100,000 in 7 years, that’s still a lot of money. At that rate of growth, a $500 investment could be worth $10,000 in 7 years which is a very good gain.

Unlikely to happen again since the price of bitcoin will have a decrease in acceleration. It will continue to increase but then not as much as it did in the past two years. Bitcoin's investment will only return some investment but the glory of that is in our hands. There is always a risk but then you should still hold and hope that you can have greater profit.

I do not think it will happen. But I think that it might at least double the actual price, and in that case is wise to buy now even if you "only" multiply your investment by 2

it's difficult to predict that bitcoin will increase multi-fold however if we closely watch, there are few alt-coins which seems to have potential to increase, one would be "Stratis" as it's been integrated into Azure platform.

Just need to watch out for problem they are trying to solve or trying to improve existing technology.

Are there lot of people investing in bitcoin now at these prices?  The thing is there would be no way i would invest in btc at this price.  I mean sure i can look stupid if btc goes up to say 50k... but isn't investing on a coin thats already this high just very risky?  My thinking is if you invest in a coin, do it with a low value coin.  Like imagine a coin that is 5 dollars or less. 

You still have a big chance to earn a lot of money but I doubt you will earn a few million by investing $500 now. It could be possible if you buy about 10 BTC now. Try to invest as much as you can. It will surely pay off in the future. Unfortunately, we can't predict what the price of the Bitcoin will be in the future. I hope we will reach $10000 or even $20000 by the end of this year.

You may look for Potential Altcoins

I believe that second chance will happen. Because now, we can see that bitcoin value keeps increasing, and it even worth more than the first time i join this world. It's not even a year yet!
Bitcoin also becoming more and more popular. If there's nothing big that can cause a chaos, i bet bitcoin will spread its wings and become so valueable that people will regret not investing in bitcoin sooner.

well if you assume that $500 turn $1.000.000 plus, the  we need a great investors or lot of investors to pump that amount. Well as we can see bitcoin is now skyrocketing and more potential in the future to pump up but we need to be realistic, and so with that bitcoin is going to be in deman world wide to pick that up amount which we really hope in the future or by now.

 
The possibility is high but you can take the risk store a 500 dollars worth of bitcoin and wait to become a millionaire in the next 7 years  or waste your 500 dollars if something happen to bitcoin like a global banned or replaced it with a new one. just take the risk and see the results at the end good luck.

Nope!! That never can be happened.. Chance have come once . It can.t be happened bcoz btc price should have been more than 100000 as of your deserve..So invest in other crypto which has great potential like, eth,btg,segwit 2x, etc

2nd change at bitcoin in what you concern? Bitcoin price down or price up?

If price down I think can't be same value again. So no 2nd chance
Example : 2017 bitcoin value can't same as 2014 bitcoin value.

For price up I see bitcoin increase everytime and every year, so if you want search high value it's still possible.
It's more profitable for investors.

There is always a second chance in everything that happen to our life.Like in bitcoin, yes there is a second chance in it. As of now the bitcoin value
is increasing and many opportunity are given to every individual. For those who have nothing left to them bitcoin is there to give a second chance. But we cannot assure that this bitcoin is for a lifetime coz we all know now that when the bitcoin value increase the member of these increase too and there is the possibility that in the next year comes there will be limited opportunity in it. As long as bitcoin continue to increase save every count that you earn even if it is a small thing makes value with it.

Unless you are in prison, can not sell Bitcoin, or I do not think you can hold to the present.
 ??? ??? ??? ???

It is unlikely, you imagine you're not the only one, so everyone will not become millionaires. They just will not let it, and everyone will collapse the market, and all the money will be gone, so I advise you to partially withdraw money. While they have at least some value.

i think that we don't have to wait up for the next 7years to attain profit as the market rate of the btc is running smoothly.

There are too many factors that defines the ultimate fate of the bitcoin and its prices. Going that much higher is speculated by many investors and big players but there is also downside of the coin. Its decentralised and no government will tolerate that much hike in the rates of bitcoin because it will simply kill the market of national economy and could lead to threaten situation. So before you can reach that price it may get legalised or capped at some rates.

You can try to replicate that past with alt coin. Yes, whatever you spoke is 1000% hike in the rates of bitcoin which is also possible with alt coin now and they are very cheap. You can put huge amounts of money into it and try to grab that opportunity.

the second chance must be here, and do not waste a second chance in this bitcoin, let's say you never fail or loss in bitcoin, it's time you rise again and fight with the spirit again of course I am sure you can, do not waste second chance, if you had ever lost or failed, but on this second chance I am sure you will succeed and success, of course with hard work and do not give up easily.

All I know that everyone is entitled to a second chance. So we should make the best out of it and not again wasted another golden opportunity to make ourselves millionaires. It has been given to us, take it and try to get the best out of it. So I consider everything a golden opportunity, on earning bitcoin, whether thru signature campaigns or tradings. Is up to us how to manage this opportunity and again not starved ourselves with fortunate and lucky in order to succeed and reach our goals, to be millionaires like the early adopters of bitcoin.

Certainly, I alway believe the future of Bitcoin. So, I will spend the amount of my budget to hodling Bitcoin for long-term. With the rest, I will invest in the new altcoins.

yeah, we dont need to wait that long in order to gain profit on bitcoin because i see bitcoins price is quickly increasing  so anyone of us can still make a descent profit in a short time prior to the amount they invested but there are still people that are not happy and contented on what bitcoins has to offer them , they think that its not enough or they seems greedy to earn more and thinking that they can be a millionaire soon if they wait  and hold long enough.

If Bitcoin remains only an asset for speculation, no government could care less about it. It will become a threat if it starts competing with local currencies but that doesn't depend on its price. It simply can't really kill the economy if it stays away from it, and as long as it is used for speculation purposes only, there is no threat to any government. On the flip side, though, if people start to actually use for commerce and exchange of goods, governments may have to interfere indeed.

I always believe anyone life can be changed by this bitcoin. Need a perfect research and make some capital to get bitcoin bonus, and also fork bonus.

It may not be the same as before that is why the I really envy those who have bought early and keep on holding their coins. I would love to congratulate they for the patience.
It is not easy to just keep on ignoring the price increase.
Even if you could do it now. Are you willing to take the risk and have patience to wait? That is the hardest part here. Once you see the price exploding you will always have to think to withdraw or not.

Why is not possible? It has got that much potential and as you saw the rise on price from the couple of dollars to all upto 6000 USD today. That was the period when the investors where not even sure what bitcoin was and still they made it potential market and invested in it. Now a days even kids now what bitcoin is and they also put couple of dollars to the olds people who are putting their whole retirement funds into it. Thats like huge crypto enthusiast user base who are trying to pump the coin a lot. So got very much good chances for it to grow and make you millionaire in the time.

I would say it's two way sward BTC could go new heights or could sink if the Government declare it as illegal which is quite impossible now as there is too much real money got stacked in the crypto world and many are pushing for it. So yes you may keep bitcoins for long and will get good yield better go for SIP and park small amount on regular basis.

This is my 2nd chance to make money with bitcoin, i regret not starting early but this time i will make sure to use it well and make sure to make good money thru hard works. Bitcoin offers opportunity for everyone and if you heard this you should feel lucky since opportunity comes to you. Bitcoin is the future i will hold all my coin for my brighter future.

The question should be, do we know what the future holds? No! If we all knew as at 2010 that bitcoin would be worth about $6000 this period, wouldn't we all be extremely wealthy by now?

It is a game of chance, it might experience the same level of increase, it might not... what is important is to be hopeful and know that you are part of something great and maybe one day it may end up extremely worth waiting.

I noticed people saying it is better you get altcoin, sure! As you may end up lucky to hit a good project that could even give you a huge profit, but does that mean the same amount in USD of bitcoin won't be worth much more eventually?

The chances to make profit as you could do if you invested in the past are getting smaller.
I think the price of Bitcoin is going to be more stable in the next years, of course there will be a chance to make profit but it will not be the same as it was in the past. But you can make more by trading instead of holding BTC.

It is very possible that your $500 worth of bitcoin could double and even 10th times its value.  It is very possible because bitcoin price really gives income and its price always increases.  But as to the issue that it could worth a million is more of impossible.  I am not being negative, it is just too much.  But who knows, we cannot predict about it. 

It has the possibility because as we observe right now more investors has been attracted to invest with bitcoin thats why the more investors that invest the higher the price if bitcoin is. But as of now 1 bitcoin is big now so i dont think to keep it but i will going to convert to paper money and save it for my future. Scammers are very rampant now so it is not good to hold your bitcoin.

From 1 to 6000, bitcoin still has a relatively small market cap, its price is directly related to the hype and actual money invested behind it so far, so from 6000 to 600000, this is a significant growth and would require even more hype and investment, I can't see that happen with out mass market adoption, so either that will happen organically over many many years or it will need some though of regulations to allow it to access the general public

That was  a huge percentage. You mean that 20 dollars was bought for only $100 in 2010.  It is possible that when you invest right now there's also a big chances that your investment will double or triple or even higher than that after 7 years. But the expectation that your profit will be just as the same with 2010-2017, I think it wont happen.

Always remember too, no one knows what will happen in the future. Anything can happen even in one day.

I think from 2019 bitcoin of deep onion will make quite a competition because it will be more anonymous

That is a far fetched prediction. Bitcoin is the king of the crypto world and you are trying to say that a new and emerging coin like deeponion will overtake bitcoin. No matter how popular deeponion becomes, bitcoin will always be the king of the crypto world.

The irony of such assumptions is that if all the peeps from 2010 had known that Bitcoin would be worth about $6000 in 2017, the price would have never reached these levels simply because many of these early birds would have been just happy to sell their coins somewhere below this mark but certainly above what they had actually sold them for. Therefore, the price might have never gotten where it is today.

In my own opinion, that's unlikely to happen. As we look at the trend of bitcoin price from 2013 to 2016, its price is almost not moving and playing between
$100.00 and $600.00. It was just in February 2017 when its price reached the $1,000.00 mark, and in the course of 8 months, it reached its all-time high of $6,000.00. It was also just from mid-July of 2017 to October of 2017 when its price has drastically increased to almost 300% (from $2,000.00 to $6,000.00).

Considering its volume, there are a lot more supply of bitcoin now than it was in 2010. That will make it hard for bitcoin to rise up since the supply has increased now compared to it was before. The higher the supply of bitcoin, the lower the chance for its price to rise up when the demand is low. And if ever you'll invest $500 in bitcoin today, the most possible and probable thing to happen is it will turn between $1,500.00 (+200%) or $2,000 (+300).

No one can guess what will happen after 7/10 years if its price hits $1 million or $1 . but today's race if u can see the raising price of bitcoin it ca hits $50000 in few years. But its not guranty . who holds $100 of bitcoin in 2010 they are rich now it is true . but its also true that they never thought that this $100 can made them millinior one day :D

I agree with you, put all the eggs in one basket is the most risky thing. Buy some potentially good altcoins and relevant teams, I'm sure it'll get you a profit for the next year.

Bitcoin is volatile currency. Here anything can be happen. Now Bitcooin cross 7k$+ hopefully it will be hit 8k$ by the end of this year. If it continuously  going like that than it can be possible.

Bitcoin having 2nd Chance in this process bacause it's having some people have a great investment in this are called 2nd Chance to bitcoin.Since the price increase you can use this as a second chance to sell the holding bitcoin. If the price reduced so,buy a bitcoin.

what dont know will happened but i think and i believe bitcoin will be more expensive in the few years

The people who had the opportunity to invest in bitcoin and believing in the initial stages always make a huge amount of profit,will that opportunity occur again if you invest now,i really do not know whether the price would cross a million dollar ,if you invest money in it now you could get some profit,but you cannot make millions in profit unless you invest a lot with the price we have now.