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Author Topic: 1 bitcoin = 200k dollars  (Read 16571 times)
randy8777
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April 24, 2016, 02:54:42 PM
 #141

Lol why everybody is so pessimistic here ?

So many of you say bitcoin will never go higher then 2k$ or something ? So basicly most of you say Bitcoin will fail, right ? Then why are you wasting your time here ?

To be a real global currency Bitcoin has to grow at least to high 5 digits .   For example, how you want to trade real estate with bitcoin with such a low market cap ?



95% of the people here don't know anything about how the market works. if the price goes up a few bucks people get excited and say the price will reach $1000 this year. and when the price goes down a few bucks people start to panic and think it will go to very low $300's. there are only a few members here that are realistic in their analysis. others are nothing more than a joke.
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April 24, 2016, 04:41:45 PM
 #142

Some people believe it has the potential for growth and therefore are attracted to that market.

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April 24, 2016, 05:51:08 PM
 #143

Some people believe it has the potential for growth and therefore are attracted to that market.

Yes but even with that there is no way it will reach 200k. At best maybe 2k on a period of 2 years.
For sure not anything bigger then that.
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April 24, 2016, 06:47:56 PM
 #144

Lol why everybody is so pessimistic here ?

So many of you say bitcoin will never go higher then 2k$ or something ? So basicly most of you say Bitcoin will fail, right ? Then why are you wasting your time here ?

To be a real global currency Bitcoin has to grow at least to high 5 digits .   For example, how you want to trade real estate with bitcoin with such a low market cap ?



95% of the people here don't know anything about how the market works. if the price goes up a few bucks people get excited and say the price will reach $1000 this year. and when the price goes down a few bucks people start to panic and think it will go to very low $300's. there are only a few members here that are realistic in their analysis. others are nothing more than a joke.

and the funny thing is that those people who have a realistic view on bitcoin get laughed at and told "get realistic"
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April 24, 2016, 07:52:19 PM
 #145

Some people believe it has the potential for growth and therefore are attracted to that market.

Yes but even with that there is no way it will reach 200k. At best maybe 2k on a period of 2 years.
For sure not anything bigger then that.
i think it is really possible to reach such big numbers in the future because a lot of people will start buying bitcoins when they will see that people adopting it really fast i hope one day this price will be reached



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April 24, 2016, 08:59:53 PM
 #146

Bitcoin looks very promising at present.Prices are going up by day it seems it will reach $1000 before halving.Better we store as much as possible till then

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April 24, 2016, 09:16:26 PM
 #147

Bitcoin looks very promising at present.Prices are going up by day it seems it will reach $1000 before halving.Better we store as much as possible till then
i must admit that the price is really promising at the moment though anything might happen in the future and we might even lose money so i doubt that it is really possible for the price to grow that much

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April 24, 2016, 09:21:00 PM
 #148

Bitcoin looks very promising at present.Prices are going up by day it seems it will reach $1000 before halving.Better we store as much as possible till then
i must admit that the price is really promising at the moment though anything might happen in the future and we might even lose money so i doubt that it is really possible for the price to grow that much

Price will not fall in next couple of months, it will continue to rise and its all halving effect that we have started to feel now, we can expect very good price at the time of halving.
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April 24, 2016, 09:28:37 PM
 #149

Bitcoin looks very promising at present.Prices are going up by day it seems it will reach $1000 before halving.Better we store as much as possible till then
i must admit that the price is really promising at the moment though anything might happen in the future and we might even lose money so i doubt that it is really possible for the price to grow that much
Take away $1000 and replace it with $700, and you have a far more likely estimate.

If this increase is being caused from investment due to the halving, it speaks volumes about how investors believe the market is going to behave, and, albeit unlikely, $1000 may not be beyond reach. If we cross $600 before the halving (Two or three months ahead), then there might be a chance that w can get close to $1000. If we can't cross $600, though, it won't happen.














 

 

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April 24, 2016, 10:01:40 PM
 #150

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

200.000 dollars . Are you kidding me ? Ir is very huge amount of money of every bitcoin. If one bitcoin is be equal to 200k dollars, bitcoin will be the superior currency rather than other currency.

It was just a thought I had back then, there were different voices, some saying bitcoin would utterly fail, others that said bitcoin could become 1 million dollar each. I think looking at all parameters, that if all potential would come to fruition (absolute security, instant confirms, user friendliness, mainstream adoption( also by banks) etc.) and it would be used in the entire world then yes sometime in the future 200k a bitcoin might be possible I think. However, bitcoin is not the only game in town and there are  projects like NEM, that are currently highly undervalued but could potentially in the long run outcompete bitcoin since I think it has much better fundamentals than bitcoin. So bitcoin is not the only crypto currency platform game in town, hence I don't think 200k will ever be reached, I think it will ultimately become worth 1-10k maybe in the long run. 

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April 25, 2016, 07:36:04 AM
 #151

Lol why everybody is so pessimistic here ?

So many of you say bitcoin will never go higher then 2k$ or something ? So basicly most of you say Bitcoin will fail, right ? Then why are you wasting your time here ?

To be a real global currency Bitcoin has to grow at least to high 5 digits .   For example, how you want to trade real estate with bitcoin with such a low market cap ?



95% of the people here don't know anything about how the market works. if the price goes up a few bucks people get excited and say the price will reach $1000 this year. and when the price goes down a few bucks people start to panic and think it will go to very low $300's. there are only a few members here that are realistic in their analysis. others are nothing more than a joke.
We have to be realistic and that value is not realistic for Bitcoin itself, it will be of course perfect if it can reach that value but that will not happen soon and that is the problem.
It will maybe only reach the $500 in the end of the year and we have to deal with it and that is all.
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April 25, 2016, 03:36:02 PM
 #152

Lol why everybody is so pessimistic here ?

So many of you say bitcoin will never go higher then 2k$ or something ? So basicly most of you say Bitcoin will fail, right ? Then why are you wasting your time here ?

To be a real global currency Bitcoin has to grow at least to high 5 digits .   For example, how you want to trade real estate with bitcoin with such a low market cap ?



95% of the people here don't know anything about how the market works. if the price goes up a few bucks people get excited and say the price will reach $1000 this year. and when the price goes down a few bucks people start to panic and think it will go to very low $300's. there are only a few members here that are realistic in their analysis. others are nothing more than a joke.
We have to be realistic and that value is not realistic for Bitcoin itself, it will be of course perfect if it can reach that value but that will not happen soon and that is the problem.
It will maybe only reach the $500 in the end of the year and we have to deal with it and that is all.

That value is not realistic in 5 years. But it could happen in 10 to 20 years. The mass adoption will make that happen.
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April 25, 2016, 03:37:58 PM
 #153

Lol why everybody is so pessimistic here ?

So many of you say bitcoin will never go higher then 2k$ or something ? So basicly most of you say Bitcoin will fail, right ? Then why are you wasting your time here ?

To be a real global currency Bitcoin has to grow at least to high 5 digits .   For example, how you want to trade real estate with bitcoin with such a low market cap ?



Everyone who has invested into bitcoin obviously beleives that there will be growth, or at least hopes there will be but its very hard to deny that some of the numbers that are thrown about are ludicrous .

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April 28, 2016, 05:59:07 PM
 #154

Lol why everybody is so pessimistic here ?

So many of you say bitcoin will never go higher then 2k$ or something ? So basicly most of you say Bitcoin will fail, right ? Then why are you wasting your time here ?

To be a real global currency Bitcoin has to grow at least to high 5 digits .   For example, how you want to trade real estate with bitcoin with such a low market cap ?



Everyone who has invested into bitcoin obviously beleives that there will be growth, or at least hopes there will be but its very hard to deny that some of the numbers that are thrown about are ludicrous .

That is right. $200,000 is possible, it will just take some time to reach that level, maybe a few decades.

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April 29, 2016, 02:09:32 AM
 #155

Lol why everybody is so pessimistic here ?

So many of you say bitcoin will never go higher then 2k$ or something ? So basicly most of you say Bitcoin will fail, right ? Then why are you wasting your time here ?

To be a real global currency Bitcoin has to grow at least to high 5 digits .   For example, how you want to trade real estate with bitcoin with such a low market cap ?



Everyone who has invested into bitcoin obviously beleives that there will be growth, or at least hopes there will be but its very hard to deny that some of the numbers that are thrown about are ludicrous .

That is right. $200,000 is possible, it will just take some time to reach that level, maybe a few decades.
Not that it goes to $200,000 but definitely it won't fall to $200, we can expect very high profits. Those people who don't have beliefs in bitcoin just don't invest here, people are more here who love bitcoin the most hoping they can earn the most. I am one among them.

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April 29, 2016, 11:29:51 AM
 #156

Lol why everybody is so pessimistic here ?

So many of you say bitcoin will never go higher then 2k$ or something ? So basicly most of you say Bitcoin will fail, right ? Then why are you wasting your time here ?

To be a real global currency Bitcoin has to grow at least to high 5 digits .   For example, how you want to trade real estate with bitcoin with such a low market cap ?



Everyone who has invested into bitcoin obviously beleives that there will be growth, or at least hopes there will be but its very hard to deny that some of the numbers that are thrown about are ludicrous .

That is right. $200,000 is possible, it will just take some time to reach that level, maybe a few decades.
Not that it goes to $200,000 but definitely it won't fall to $200, we can expect very high profits. Those people who don't have beliefs in bitcoin just don't invest here, people are more here who love bitcoin the most hoping they can earn the most. I am one among them.
Who are we to say anything about the value of bitcoin? They can definitely reach $200,000 given the right amount of time and the adoption to nearly literally everything. However, by 'the right amount of time', I meant probably around a few decades, assuming that block chain does not collapse and no alt to become better than bitcoins.

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Scream
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U will never know the true answer, before you try


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April 29, 2016, 11:33:06 AM
 #157

Some people believe it has the potential for growth and therefore are attracted to that market.

Yes but even with that there is no way it will reach 200k. At best maybe 2k on a period of 2 years.
For sure not anything bigger then that.

obvious, there is no way and impossible to reach 200k. if talking realistically about bitcoin price not more than $5k.
harizen
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April 29, 2016, 11:45:54 AM
 #158


.. if the price goes up a few bucks people get excited and say the price will reach $1000 this year. and when the price goes down a few bucks people start to panic and think it will go to very low $300's...

I stated this too in my previous post back then. This is how people speculate what will be the price next day, next week, next month and in the following years.

 Price day to day movement as a basis for what price will be is technically not a factor to have a quite proper speculation of the price.

AlexBits
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April 29, 2016, 12:15:27 PM
 #159

Some people believe it has the potential for growth and therefore are attracted to that market.

Yes but even with that there is no way it will reach 200k. At best maybe 2k on a period of 2 years.
For sure not anything bigger then that.
If it will reach that high value than there will be a lot of people that is rich but that is only possible when the price is going to jump and that will not happens fast.
The only thing that you must do is if you want to sell it with profit that you have to wait a long time until the value will be more.
iv4n
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April 29, 2016, 12:22:13 PM
 #160

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

Maybe in far future something like this can happen. But in next 10, 20 years for sure no. We need to realize that bitcoin will have many more obstacles before it become global currency in real meaning of that word. We all see how bitcoin is growing and it's not smart to rush in things so early.

200 k for 1 BTC is just a dream for now, to make that dream come true we need to focus on 500 $ first, then 700 $, 900 $... with small steps we can go much further, smart and wise steps are much better then running.

If we see bitcoin on 700 $ stabile before new year that will be big success for bitcoin and bitcoin community.


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