Bitcoin Forum

What is the price of a bitcoin when it is fully exploited? ???

Please elaborate

$20,000 is a reasonable price for me when more businesses use or utilize BTC as a payment channel i am talking about global utilization.

We dont know how much it will be worth in a few months from now, and even in a few years, but of course than when the whole world will start using bitcoin and accepting it as a payment gateway it will go up like crazy, and we all know that it is going to happen in a few years from now.
There is a rumour about that amazon will start accepting bitcoin on their platform, just think about it, bitcoin will increase a lot of it is true and they will acept it.

Is a good choice to have at least 1 btc in your portfolio all the time, you never know

If this occurs... man hold on to your horses. It's going to get wild.

There is no way to be sure about those amazon rumors, but if they are true, then it does, the price is going to skyrocket and probably be over $7000 because you all know that this kind of news really affects the price, because it means that a lot of companies and other websites like this one will start accepting bitcoin soon.
if amazon is the first, then eBay is the next one.
Just lets see how it goes, but nobody can predict the price no matter what.

I think $10 k is possible easily. Why? Because jump from $1000 to $2000 is 100% more value gain. When it goes from $6000 to $7000 its only around 20% value increase, so it can be easily $10000 so about 70% increase.

The answer depends upon how we are going to define "fully exploited".  My personal opinion and I have been in this from early on;  within a dozen years it will be rare for there to be a transaction of a full bitcoin for buying or trading on items.  I believe the value will get so high that many will dream of owning just one full bitcoin.  That is probably already true for many, as 6000 bucks is not pocket change.  I may live long enough to see numerous transactions in small fractions of a coin for sizeable household items.  Hell maybe the house itself might only be a coin or two.  That is my belief and I have been investing on that premise.  I do invest in everyday market items as well.  Sometimes I get BTC fever and wonder if I should stop putting long term money in fiat.  Playing it safe but I will likely regret not doing a full diversion to coins about 5 years ago.

Yes, I agree. 10K by the end of the year.

I'm not sure when will the bubble burst but I do think there is room to try to touch 10k by the end of the year but all these prices we are crushing right now, I feel we are crushing them too fast. And as fast as we went up as fast as it will come down just to resume it's uptrend. Bitcoin is a permanent bull I swear!

Hold your bitcoin you will regret when it reach the highest price. You should buy more and hold and soon we'll gonna be rich 8)