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Author Topic: 1 bitcoin = 200k dollars  (Read 16571 times)
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April 02, 2016, 07:39:31 AM
 #101

This may never happen in the near future, but I predict Bitcoin at $500 by the end of 2016.
I just hope that the Bitcoin surge happens again (BTC@$1000 a few years ago) later on

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April 02, 2016, 03:01:12 PM
 #102

Something in the low to mid $xx,xxx range per Bitcoin would be possible in the best case scenario, anything higher is (almost) impossible.

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April 02, 2016, 11:17:54 PM
 #103

Why not? let's say there are 20 million bitcoins in existence in the future, every bitcoin is 200k, then the total market cap is 4 trillion (4000 billion), this may seem like a lot but it's actually quite modest for a global payment network system... Smiley



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April 03, 2016, 09:36:25 AM
 #104

1 bitcoin = 200k dollars? that's ridiculous.. we can't even cross the $500 this past months after the two big news dropped the price..If the price reaches that high, probably many of the hoarders would immediately dump their coins and the price would also automatically be dumped to a low price...So it might be possible, but might not be for a long time..
Yes, that's when Satoshi moves his stash... I think realistically around $1000 in 2-3 years, no more then that.

Well predicted, the price may move to $1000 when few years get rolled as indicated by above mate. Something growing to $200k is just imagination.

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April 03, 2016, 10:48:43 AM
 #105

This thread speculation is taken from the pages of a sci-fi book. As far as I know Bitcoin will never reach $10.000 mark during our life time.
Don't get me wrong - I would love to see that amazing price grow, but please be more realistic about your assumptions of future BTC price.


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April 03, 2016, 10:55:34 AM
 #106

Something in the low to mid $xx,xxx range per Bitcoin would be possible in the best case scenario, anything higher is (almost) impossible.

If the dollar collapses, and the US has to borrow with bitcoin because nobody trust the USD, the bitcoin will be worth millions of dollars.
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April 04, 2016, 05:34:02 AM
 #107

This thread speculation is taken from the pages of a sci-fi book. As far as I know Bitcoin will never reach $10.000 mark during our life time.
Don't get me wrong - I would love to see that amazing price grow, but please be more realistic about your assumptions of future BTC price.

Yeah that's right, though I am not losing hope, but after 2020, if $10,000 didn't happen, then I think the price would be staying this way for long, I love to see that price too, but with todays price movement, it would be even hard to reach $1000 by the year end... what more is the $200,000=1 bitcoin?

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April 19, 2016, 08:14:40 AM
 #108

This thread speculation is taken from the pages of a sci-fi book. As far as I know Bitcoin will never reach $10.000 mark during our life time.
Don't get me wrong - I would love to see that amazing price grow, but please be more realistic about your assumptions of future BTC price.

Yeah that's right, though I am not losing hope, but after 2020, if $10,000 didn't happen, then I think the price would be staying this way for long, I love to see that price too, but with todays price movement, it would be even hard to reach $1000 by the year end... what more is the $200,000=1 bitcoin?

It is quite difficult for the bitcoin price to be $10,000 in 2020. But if the number of bitcoin users increases by 10 times, the price will be $40,000.
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April 19, 2016, 10:23:01 AM
 #109

But if the number of bitcoin users increases by 10 times, the price will be $40,000.
Why? Most bitcoin users own only a very small amount of bitcoin, more small users won't change the price much.
If investment funds start buying bitcoin it could go up a lot with only a few more users. Investment/pension funds is where the money is, and you need big buyers to make the price go up that fast.
I doubt this well happen anytime soon though. Besides, you don't need a fund to buy bitcoin, you can do that without the middleman.

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April 19, 2016, 10:50:57 AM
 #110

This would be nice but it is not happening any time soon. $200,000 is just to high for now we will have to wait a long time for the price to be that high. And even then we are not sure if the price will be that high.
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April 19, 2016, 09:27:18 PM
 #111

As long as few people holds a lot of bitcoin,bitcoin price can never go beyond $1000,Almost 80-90% of bitcoin is owned by only few people including Satoshi,the rest have fractions.If bitcoin is distributed equally among lots of people,its price can reach $10000

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April 19, 2016, 10:50:52 PM
 #112

As long as few people holds a lot of bitcoin,bitcoin price can never go beyond $1000,Almost 80-90% of bitcoin is owned by only few people including Satoshi,the rest have fractions.If bitcoin is distributed equally among lots of people,its price can reach $10000

Large holders benefit greatly from increased bitcoin value, so they won't crash the price.

on top of that most large holders are the inventors and exchanges or companies that rely on bitcoin to be successful. They won't crash the price either. And early adopters won't either.  

And not to mention all those guys who bought lots of bitcoin early on but lost their wallets because bitcoin wasnt worth anything back then.

I don't see why having a few people hold a lot of bitcoin makes bitcoin worth less, it's simply not true.

This thread speculation is taken from the pages of a sci-fi book. As far as I know Bitcoin will never reach $10.000 mark during our life time.
Don't get me wrong - I would love to see that amazing price grow, but please be more realistic about your assumptions of future BTC price.

Yeah that's right, though I am not losing hope, but after 2020, if $10,000 didn't happen, then I think the price would be staying this way for long, I love to see that price too, but with todays price movement, it would be even hard to reach $1000 by the year end... what more is the $200,000=1 bitcoin?

It is quite difficult for the bitcoin price to be $10,000 in 2020. But if the number of bitcoin users increases by 10 times, the price will be $40,000.

there aren't that many users yet, and in 4 years the amount of users can easily double or even double twice. That should have a large impact on the price.
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April 19, 2016, 11:02:45 PM
 #113

As long as few people holds a lot of bitcoin,bitcoin price can never go beyond $1000,Almost 80-90% of bitcoin is owned by only few people including Satoshi,the rest have fractions.If bitcoin is distributed equally among lots of people,its price can reach $10000

Back in the days where the price reached the $1000 barrier for the first time the coin spread was even worse than now. And it still touched and went over $1000 at that time.

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April 19, 2016, 11:25:15 PM
 #114

$200k value wouldnt make sense lol.

So basically a holder of 2 bitcoins is already half a millionaire? Like what? lol.

$400k just like that.. and 2020 isnt that far away.. thats only 4 years.. lol.

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April 19, 2016, 11:27:57 PM
 #115

$200k value wouldnt make sense lol.


Give us some properly laid out reasons why not other than just because you don't believe it. And the OP didn't mention 2020.

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April 20, 2016, 04:27:51 AM
 #116

As long as few people holds a lot of bitcoin,bitcoin price can never go beyond $1000,Almost 80-90% of bitcoin is owned by only few people including Satoshi,the rest have fractions.If bitcoin is distributed equally among lots of people,its price can reach $10000

Large holders benefit greatly from increased bitcoin value, so they won't crash the price.

on top of that most large holders are the inventors and exchanges or companies that rely on bitcoin to be successful. They won't crash the price either. And early adopters won't either.  

And not to mention all those guys who bought lots of bitcoin early on but lost their wallets because bitcoin wasnt worth anything back then.

I don't see why having a few people hold a lot of bitcoin makes bitcoin worth less, it's simply not true.

This thread speculation is taken from the pages of a sci-fi book. As far as I know Bitcoin will never reach $10.000 mark during our life time.
Don't get me wrong - I would love to see that amazing price grow, but please be more realistic about your assumptions of future BTC price.

Yeah that's right, though I am not losing hope, but after 2020, if $10,000 didn't happen, then I think the price would be staying this way for long, I love to see that price too, but with todays price movement, it would be even hard to reach $1000 by the year end... what more is the $200,000=1 bitcoin?

It is quite difficult for the bitcoin price to be $10,000 in 2020. But if the number of bitcoin users increases by 10 times, the price will be $40,000.

there aren't that many users yet, and in 4 years the amount of users can easily double or even double twice. That should have a large impact on the price.
yup i was very eager to see that wonderful prise rise, reaching 1000 dollars is tough this year but no hope that it will be 200k dollars, may be in future it can happen if bitcoin users multiply by 20 times.

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April 20, 2016, 07:57:09 AM
 #117

1 bitcoin = 200k dollars? that's ridiculous.. we can't even cross the $500 this past months after the two big news dropped the price..If the price reaches that high, probably many of the hoarders would immediately dump their coins and the price would also automatically be dumped to a low price...So it might be possible, but might not be for a long time..
Yes, that's when Satoshi moves his stash... I think realistically around $1000 in 2-3 years, no more then that.
That will not happen so fast as you can see you see that the value is not high enough now you can see that the value is now stable for a long time.
And that can be bad for the most people because they want to make some profit with it.
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April 20, 2016, 12:02:20 PM
 #118

$200k value wouldnt make sense lol.


Give us some properly laid out reasons why not other than just because you don't believe it. And the OP didn't mention 2020.

I think it is possible for the price to be around $5000 in 2020. That will be after good mass adoption.
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April 20, 2016, 02:57:26 PM
 #119

$200k value wouldnt make sense lol.


Give us some properly laid out reasons why not other than just because you don't believe it. And the OP didn't mention 2020.

I think it is possible for the price to be around $5000 in 2020. That will be after good mass adoption.
$200,000 for 1 bitcoin I think is impossible even if we reach 2050 still bitcoin wouldn't reach that value. But $5k value would be possible after a few years. But still, we can't predict what will happen with bitcoin in the near future but if 1 btc would reach $200k then thanks to it we'll become a millionaire.

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April 20, 2016, 03:13:06 PM
 #120

I'm sure it would never happen, $ 200k is a number that is too much for bitcoin today, it can change the world economic system, although I do not understand how bitcoin change it all


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