Roger Ver interview with a prediction: Up to 250K/BTC.

[AtheistAKASaneBrain]

https://www.youtube.com/watch?v=9tIOcMjuPkQ&t=6m

Very possible if you look at the big picture. In the following years, like some people is pointing out already, look at the insane debts racking up on every country on the planet. So many bubbles about to burst. We only need a small amount of all that money to go into Bitcoin to make it go 6 figures.

https://www.youtube.com/watch?v=g2nXgK34HIM

Very small total supply, that will keep shrinking with every halving (not to mention every time some Bitcoins are lost forever), currently only a tiny 4 billion marketcap... (a company like Uber is approaching 50 billion marketcap fast, to give you some perspective). The potential for growth is insane but people is still attached to the last ATH as some sort of psychological limit. You aren't looking at what we have on our hands here with with tunnel vision if you see those tiny price predictions as the pinnacle of the Bitcoin price.

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[Dilla]

Yep

[Junko]

Word.

Just keep on accumulating as much btc as I can while I still can at relatively cheep prices...

[randy8777]

i have seen many people predicting 1 btc to be worth $1,000,000 at some point, which is beyond insane. but now a well respected and quite an important bitcoiner says $250k per coin, makes me think he is simply not thinking in a realistic manner.

[Raimonn]

These predictions makes that newbies buy a bitcoin an expect to be rich in few weeks. Bitcoin could grow its price so much, but nobody can predict a price for bitcoin.

[Biodom]

i have seen many people predicting 1 btc to be worth $1,000,000 at some point, which is beyond insane. but now a well respected and quite an important bitcoiner says $250k per coin, makes me think he is simply not thinking in a realistic manner.

well, people ganged up on Harry Blodgett in 1998 when he said that AMZN will go to $400 eventually (when AMZN was $120 split adjusted) and he even lost the job during first internet crash because of his optimism. AMZN went to be $3600 now (split adjusted from Oct 1998).

People have notorious difficulty pricing in the long term trends.  

[Wekkel]

$250k and $1 are both more realistic than, let's say, $10k.

[BitcoinAddicts]

250K/BTC is possible, Roger Ver is right about the basic maths (billions people versus limited bitcoin supply)
But his prediction doesn't say when.
I assume it will happen in 5 to 50 years 

[Fakhoury]

250K/BTC is possible, Roger Ver is right about the basic maths (billions people versus limited bitcoin supply)
But his prediction doesn't say when.
I assume it will happen in 5 to 50 years 

You mean 5 to 15 years

[Morecoin Freeman]

There will not be enough coins for everyone.

 

[randy8777]

$250k and $1 are both more realistic than, let's say, $10k.

because it will either succeed or fail? best is to focus on realistic targets such as $1000 and after the $1000 price is reached, then focus on $2000.

[Amph]

$250k and $1 are both more realistic than, let's say, $10k.

10k is possible as a middle short term price, while we wait 250k, unless you think we may skyrocket directly to 250k

[Fatov]

i prefer 50k in 5 years, 250k only will possible in 50 years

[Denker]

I don't know what the price will be if Bitcoin really takes off and reaches mass adoption.
But it will be a huge price.From 5 digits to 6 digits, if Bitcoin succeeds, everything is possible in my opinion.But it won't happen over night.It will take several years.

[LFC_Bitcoin]

$250k and $1 are both more realistic than, let's say, $10k.

Hey I'm not going to be greedy, that will do me

[Mickeyb]

The OP's comparing with Uber really got me thinking! I mean we are tiny ecosystem and the possibility for growth really is insane when you think about it!

I guess everything is possible!

[alexeft]

Meanwhile, we were scared off $300 

[gentlemand]

So that would give Mr Ver the equivalent of $75 billion in buying power. I think the rest of the world may question the distribution issue a bit before it reached that stage.

[NorrisK]

So that would give Mr Ver the equivalent of $75 billion in buying power. I think the rest of the world may question the distribution issue a bit before it reached that stage.

I guess he will have sold of a big party by then.. It is always wise to distribute your assets, so being 100% in bitcoin is not smart, even when you beleive it will go even higher. Slowly selling of piece by piece on the way up is the safest way to play it.

And it isn't much different from people who monopolized telecomunication or acquired a lot of land when it was still up for grabs.

[nachoig]

And 5 trillion USD market cap?

When people will care about the current issues of Bitcoin, go to a more realistic prevision on short term and stop to speculate in an unrealistic way for the short / mid-term?

No, Roger Ver, saying this won't do a lot of people buy Bitcoin just to see your prevision turns real. More one of the buy-bitcoin-and-help-the-price series...