randy8777
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December 16, 2015, 09:29:16 PM |
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i think bitcoin will simply fail or be one of the main currencies in the world. if it does indeed become one of the main currencies, then even $100K might be considered low. it will be far after 2030.
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mexicantarget
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Cypherpunk (& cyberpunk)
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December 16, 2015, 09:30:04 PM |
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I am thinking around 2025-2030? That would be a reasonable price after all block halvings.
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uki
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cryptojunk bag holder
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December 16, 2015, 10:12:16 PM |
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I dont think it will ever happen... The world wont allow it to,
I also think it won't ever happen, but mainly due to the p&d speculations which will doom Bitcoin in the long run. Bitcoin is too much about 'going to the moon tomorrow' philosophy, to reach a long-term success. I believe it will be simply substituted by another cryptocurrency in not too distant future, that will be more resistant to such huge volatility and what is more important, it will be distributed to the market that will have 10+ years of experience with cryptocurrencies by then.
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Amph
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December 17, 2015, 12:43:06 PM Last edit: December 17, 2015, 03:31:34 PM by Amph |
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I would say never, it is just dream they said never about reaching 1k, in early 2010 or so, but two years later it reached it, so, never say never i guess a good theory is that for every halving you can add a new zero, so if we begin from $100(this is arbitrary) with he 25 coins per block, the 12.5 coins per block will bring 1k and the 2020 halving 10k, so 2024, should be our year for 100k
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Ektra
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December 17, 2015, 01:47:35 PM |
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I would say never, it is just dream they said never about reaching 1k, in early 2010 or so, but two years lated it reached it, so, never say never i guess a good theory is that for every halving you can add a new zero, so if we begin from $100(this is arbitrary) with he 25 coins per block, the 12.5 coins per block will bring 1k and the 2020 halving 10k, so 2024, should be our year for 100k That timescale sounds fairly sensible to me. 100k/coin (as a STABLE price, not just a panic-peak, I mean technically some idiot already bought the price to 3200EUR on btce last year and rightly nobody counts that ) should be supported by a much more mature infrastructure and genuine use cases for the coin, which will take time because it involves real people making real changes in their habits and in many cases, careers.
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LuckyYOU
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December 17, 2015, 02:25:25 PM |
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For this to happen we need to change as bitcoin users, more people would have to adapt to it, there needs to be more demand for bitcoin in order for this to happen. I honestly think that it will take at least 10+ years to even get to $10.000 which is not even half of 100k.
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Bitcoinbro
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December 17, 2015, 05:42:07 PM |
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I've check it and it will be 20 march 2043 @ 4.01 PM with a margin of 23 minutes. I can be wrong, most with this kind of things I never are. My island purchase is planned for 20 march 20.43 @ 4.02, so yeah a lot of it depends on it.
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Vivlore
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December 18, 2015, 12:48:29 PM |
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I think the bitcoin price will hit $100,000 in 15-20 years if the current rate of adoption is maintained and bitcoin is still there then.
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AtheistAKASaneBrain
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December 19, 2015, 02:33:37 PM |
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The ones saying never don't get the fact that Bitcoin will be the new BRKA, it will be the most valued "stock" in human history, but they fail to have a long term vision and mix pessimism with realism, and the reality of things is a 100K per BTC is very possible of governments keep making people fear for the money they have on their banks.
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richardsNY
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December 19, 2015, 02:39:06 PM |
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For this to happen we need to change as bitcoin users, more people would have to adapt to it, there needs to be more demand for bitcoin in order for this to happen. I honestly think that it will take at least 10+ years to even get to $10.000 which is not even half of 100k.
We need big institutional investors to jump in Bitcoin with their billions in order to come even close to $10,000-$20,000. These investors won't bring their money to the current exchanges as they do not trust them for a good reason. All current exchanges aren't capable of handling incomming billions.
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Newcoins2020
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December 19, 2015, 06:59:58 PM |
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That is a big dream to hit 100.000 dollars I think if that happen we just need a lot of people that use bitcoin. Also the stores need to use bitcoins to otherwise people won't use bitcoin daily. I lwish we had hit 100.000 dollars al ready, because I am not that patients. When that happens lets say 25 years than I think is worth it.
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shogdite
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December 19, 2015, 07:07:18 PM |
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Glad to see so many optimistic if that is what you call it. In my humble opinion we will never reach $100,000 I have my doubts if we will ever reach even $10,000 and definitely not in 2016. So my answer is never.
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fravia
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December 19, 2015, 07:47:18 PM |
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i believe that it is nearly impossible for such price to come because in my opinion we will have to wait a few decades to reach at least one thousand dollars per bitcoin though lets hope that bitcoin halving that will happen next year will make some huge impact on bitcoin
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avw1982
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December 20, 2015, 08:46:44 AM |
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I am thinking around 2025-2030? That would be a reasonable price after all block halvings.
Nowadays bitcoin is mining 32,500 everyday after this 16000 bitcoin will mine. As per this calculation Bitcoin reach 100000$ in the year of 2068. That time only one bitcoin for a day. So automatically demand will increase on market.Who are all holding the bitcoin will the billionaire that time.
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HarryKPeters
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December 20, 2015, 05:34:50 PM |
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I go for... Never. It would make no sense. Suppose it would go this high, investors would see it as monoply money instead of a real currency. Let's wait and see how bitcoin develops and the market will find a realistic value.
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Oscoda
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December 20, 2015, 05:58:24 PM |
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LOl 100k. What happened to 1k? 2016 1k 2020 Over 3k 2025 Over 5k 2030 Over 7k
Eventually the market will stalibize so i don't expect a price over 7k
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Nimbulan
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December 20, 2015, 06:38:59 PM |
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i think it is the sum that is impossible to reach before year 2020 by that time the people from various countries should have more knowledge about bitcoins what would mean that the price would have potential to grow and it could possibly reach such big prices as 100000 per bitcoin
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Vivlore
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January 22, 2016, 04:40:42 PM |
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LOl 100k. What happened to 1k? 2016 1k 2020 Over 3k 2025 Over 5k 2030 Over 7k
Eventually the market will stalibize so i don't expect a price over 7k
2016 1k 2018 Over 2k 2020 Over 4k 2030 Over 200k The price will double every two years, that depends on the actual adoption of the coin.
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Mr. Big
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While my guitar gently weeps!!!
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January 23, 2016, 06:18:47 AM |
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I don't think that we could reach $100,000 even in 20 years well, we never know, If that comes in long time, most probably, I won't see that anymore, haha...and most of us will never benefit from it..
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BruceLee007
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February 07, 2016, 03:38:07 PM |
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well thats a good question i think somewhere in 2020 - 2025 or even later.
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