Bitcoin to $50k before Xmas

[minerpumpkin]

Yeah well I'd be all in for this scenario to happen, but let's not reach the 'euphoria' phase just yet! Otherwise the bulls will stumble and fall before we get to form a new ATH!

[OrientA]

Bitcoin to $50k before Xmas

I fully agree. Especially as you didn't mention which Xmas.
In a couple of years, by Xmas, there's a huge chance for that to happen!

Christmas in a decade.

[WhatTheGox]

Bitcoin to $50k before Xmas

I fully agree. Especially as you didn't mention which Xmas.
In a couple of years, by Xmas, there's a huge chance for that to happen!

Christmas in a decade.

I want to make sure i always have at least 10-15 bitcoins for when this scenario happens, it wont take 10 years though, probably wont even take until 2020.

[waterpile]

this would probably happen if the whole world is using bitcoin and the fiat system is collapsing

[srgkrgkj]

this would probably happen if the whole world is using bitcoin and the fiat system is collapsing

Well the fiat system is currently breaking down in Greece so the price if bitcoin could may as well reach crazy figures again...

[lunarboy]

Whilst I don't see this as an 'impossible' scenario the fact remains if this did happen bitcoin would need 180$ million a day in support just to keep at theses levels...... cue, massive loss of support and return to say 5000 levels

[AtheistAKASaneBrain]

this would probably happen if the whole world is using bitcoin and the fiat system is collapsing

Not at all. If the whole world is using Bitcoin the marketcap would be on the trillions and a single coin would be anything from 500K to 1 million dollars.

To reach 50K a coin we only need a significant increase in real usage, and a significant increase in whales speculating to deliver a bubble-burst cycle.

[kwukduck]

this would probably happen if the whole world is using bitcoin and the fiat system is collapsing

Not at all. If the whole world is using Bitcoin the marketcap would be on the trillions and a single coin would be anything from 500K to 1 million dollars.

To reach 50K a coin we only need a significant increase in real usage, and a significant increase in whales speculating to deliver a bubble-burst cycle.

Which will never happen. No investor with a SaneBrain would even consider investing in outdated unscaleable technology.

[lorylore]

Bitcoin can have the value of 50k$ if all other coins will be shut down including few top fiat.

[LFC_Bitcoin]

Bitcoin to $50k before Xmas

It's a lovely thought but realistically there's more chance of me sleeping with Megan Fox than the price of 1 BTC being 50,000 USD by Xmas 2015. Who on earth would predict something so unrealistic. I'm pro BTC & a long term hodler but we're not going to hit numbers like 50k for at least 5 years, 10 years if ever.

I think a more realistic price by Xmas 2015 is around 400-600 USD & to be honest I'd be really happy with that after a long demoralising bear run.

To the moon......eventually!

[Argwai96]

this would probably happen if the whole world is using bitcoin and the fiat system is collapsing

Not at all. If the whole world is using Bitcoin the marketcap would be on the trillions and a single coin would be anything from 500K to 1 million dollars.

To reach 50K a coin we only need a significant increase in real usage, and a significant increase in whales speculating to deliver a bubble-burst cycle.

I wont say is a ludicrous number but comparing to the U.S national Debt which is 18 trillion dollars, i would say the bitcoin economy is a baby and we are waiting to be put into new shoes to take a walk the path of growth.  

[Amph]

this would probably happen if the whole world is using bitcoin and the fiat system is collapsing

Not at all. If the whole world is using Bitcoin the marketcap would be on the trillions and a single coin would be anything from 500K to 1 million dollars.

To reach 50K a coin we only need a significant increase in real usage, and a significant increase in whales speculating to deliver a bubble-burst cycle.

Which will never happen. No investor with a SaneBrain would even consider investing in outdated unscaleable technology.

outadated really? there is anything that match bitcoin in term of revoluzionary, at least for the time being

bitcoin can be what you want but certainly not outdated, the fact that the software is still in beta us nothing to do with it

the blockchain technology alone is worth much more than a mere 4B market cap

[bumm]

this would probably happen if the whole world is using bitcoin and the fiat system is collapsing

Well the fiat system is currently breaking down in Greece so the price if bitcoin could may as well reach crazy figures again...

yes, the situation in greek is to be taken into notation. bitcoin value will rise as there economy is trying to adopt bitcoin as a local currency. but i dont think greek will be able to adopt bitcoin. so the bitcoin may reach crazy figure again but it will dive back as the plan backfires 

[greBit]

this would probably happen if the whole world is using bitcoin and the fiat system is collapsing

Well the fiat system is currently breaking down in Greece so the price if bitcoin could may as well reach crazy figures again...

yes, the situation in greek is to be taken into notation. bitcoin value will rise as there economy is trying to adopt bitcoin as a local currency. but i dont think greek will be able to adopt bitcoin. so the bitcoin may reach crazy figure again but it will dive back as the plan backfires 

I don't think that Greece can afford bitcoins, they could hardly afford Euro. Infact the whole outrageous collapse happened because Greece couldn't handle a currency like Euro, I think they are still a bit immature to use crypto currency as their local currency. And I will also agree that bitcoin too is a bit young to get instantly adopted by a country, everybody has to develop around a little to hit that stage

[ifightformerkel]

That would be nice and very surprising (something big must happen) when btc will rise to 50k before Xmas.

I believe that this will happen before 2021, but this Xmas, mhh.
This is the wet dream of every btc holder. 

[BitChick]

I think many of us were completely shocked in 2013 when the price went from a low of $69 in the Summer to over $1200 in November.  Here we are with a price of around $270.   A price jump to between $4000 and $5000 would be similar to what happened then so is completely doable.

I do expect $50K to happen.  I do not think it is as unrealistic as some of you seem to think it is. Will it be this year though?  Maybe not but I have learned to never underestimate what Bitcoin can do.  

[OrientA]

I think many of us were completely shocked in 2013 when the price went from a low of $69 in the Summer to over $1200 in November.  Here we are with a price of around $270.   A price jump to between $4000 and $5000 would be similar to what happened then so is completely doable.

I do expect $50K to happen.  I do not think it is as unrealistic as some of you seem to think it is. Will it be this year though?  Maybe not but I have learned to never underestimate what Bitcoin can do.  

It will happen in 6-10 years.

[Mayer Amschel]

No you see... you are all wrong.

He said Xmas, and did not specify which year.

Therefore, he could be right.

[spazzdla]

No you see... you are all wrong.

He said Xmas, and did not specify which year.

Therefore, he could be right.

LMAO, you have a point.

[LFC_Bitcoin]

What was the point of bumping this thread? Was there any need or was it just for increasing post counts? Weird.