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Author Topic: market cap of bitcoin in 2050  (Read 1575 times)
DOGE12321
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February 10, 2016, 11:15:37 PM
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Hey guys. What would be a reasonable market-cap for bitcoin in 2050? At the moment, the market cap is  about 6 billion US dollars. what do you think? Smiley Smiley Smiley
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February 10, 2016, 11:17:59 PM
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50% of the online gambling industry + 50% of the global remittance industry. So, I think, it would be more than 1 trillion US dollar.

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February 10, 2016, 11:21:43 PM
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Hey guys. What would be a reasonable market-cap for bitcoin in 2050? At the moment, the market cap is  about 6 billion US dollars. what do you think? Smiley Smiley Smiley
you talk marketcap in 2050 and I think that year was too far away to predict marketcap.

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February 10, 2016, 11:28:32 PM
 #4

You are asking us something that really no one knows. But if I have to make a guess about the comming 10 years then my rough guess will be around $60 billion, which is around 10x higher than the current market cap.

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February 10, 2016, 11:35:40 PM
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My guess is either $0 or $10 trillions- very likely to be wrong...

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DOGE12321
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February 10, 2016, 11:40:33 PM
 #6

50% of the online gambling industry + 50% of the global remittance industry. So, I think, it would be more than 1 trillion US dollar.
that would mean US$55555 PER COIN. I doubt if that is reasonable.
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February 10, 2016, 11:54:59 PM
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Five naked women of breeding age, one bale of toilet paper, two cases of shotgun shells, four doses of antibiotics. And that's pretty generous for some pure nostalgia.  

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February 11, 2016, 12:20:17 AM
 #8

Hey guys. What would be a reasonable market-cap for bitcoin in 2050? At the moment, the market cap is  about 6 billion US dollars. what do you think? Smiley Smiley Smiley
you talk marketcap in 2050 and I think that year was too far away to predict marketcap.
Agreed.  Try predicting bitcoin's market cap in even 5 years.  It's all just guesswork.  We could be living in caves fighting off fucking T1000s in 2050 with bitcoin just a distant, fond memory.  Or bitcoin could be buried by DOGE by then.  You wait.


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DOGE12321
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February 11, 2016, 12:29:10 AM
 #9

You are asking us something that really no one knows. But if I have to make a guess about the comming 10 years then my rough guess will be around $60 billion, which is around 10x higher than the current market cap.
i think that 60 billion is still a little too high. I would stick with around 40 billion as the marketcap in 2050. Otherwise, it is also possible that bitcoin could come to a sad ending. you never know.
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February 11, 2016, 12:30:18 AM
 #10

Exponential rules!.. Maybe more than 1 trillion dollar!..

DOGE12321
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February 11, 2016, 12:31:37 AM
 #11

Hey guys. What would be a reasonable market-cap for bitcoin in 2050? At the moment, the market cap is  about 6 billion US dollars. what do you think? Smiley Smiley Smiley
you talk marketcap in 2050 and I think that year was too far away to predict marketcap.
Agreed.  Try predicting bitcoin's market cap in even 5 years.  It's all just guesswork.  We could be living in caves fighting off fucking T1000s in 2050 with bitcoin just a distant, fond memory.  Or bitcoin could be buried by DOGE by then.  You wait.
hey i did ask for what you think, not for the exact price. I know too that bitcoin could be overtaken by DOGE or any coin. Man, its the future.
DOGE12321
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February 11, 2016, 12:34:20 AM
 #12

Exponential rules!.. Maybe more than 1 trillion dollar!..
So what you are suggesting is that for each coin, it would be worth more than US$55555. i high doubt that is possible. like i suggested before, i think it would be about 40 billion as a market cap.
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February 11, 2016, 12:34:40 AM
 #13

There's no way to know even by an estimate. Bitcoin could have become or unused obsolete by that time. If it's still alive would it still be traded for FIAT? Some speculate that as the bitcoin economy matures, at some point there won't be need to calculate the price with a dollar medium. But I'd find that unlikely to happen, given that up to this point bitcoin has only received actual usage while it had significant monetary value calculated with a fiat medium.














 

 

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gentlemand
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February 11, 2016, 12:36:23 AM
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So what you are suggesting is that for each coin, it would be worth more than US$55555. i high doubt that is possible. like i suggested before, i think it would be about 40 billion as a market cap.


An eight or so fold increase in three and a half decades for a potentially world changing financial system? You need to let your imagination off its leash for a little run.

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February 11, 2016, 12:56:21 AM
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Five naked women of breeding age, one bale of toilet paper, two cases of shotgun shells, four doses of antibiotics. And that's pretty generous for some pure nostalgia.  

My guess is one big sack of soylent green, but it depends on whether we get an apocalypse or start farming people for food. If neither of those events happen then if Bitcoin isn't adapted to resist quantum computer attacks someone will hack it and crash the price to zero.
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February 11, 2016, 12:57:50 AM
 #16

My guess is either $0 or $10 trillions- very likely to be wrong...
very very likely to be wrong. its impossible to have a market cap of 10 trillion. However, 0$ is kinda reasonable. Who knows. Bitcoin may be out of existence by 2050.
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February 11, 2016, 07:34:31 AM
 #17

dunno, but all i know is that the market cap of bitcoin need to be x10 higher by 2028, for the less reward that the miners will get, by 2050 it can remain the same or skyrocket to 10k, then the miners will not need anymore value out of bitcoin to sustain the network

so everythign else is just pure demand dreaming
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February 11, 2016, 09:14:39 AM
 #18

You are asking us something that really no one knows. But if I have to make a guess about the comming 10 years then my rough guess will be around $60 billion, which is around 10x higher than the current market cap.
i think that 60 billion is still a little too high. I would stick with around 40 billion as the marketcap in 2050. Otherwise, it is also possible that bitcoin could come to a sad ending. you never know.


Everything is possible, yes. But I surely believe Bitcoin will be one of the main investment tools alongside stocks and precious metals. If that turns out to be reality, then prepare for at least $100 billion as market cap. My $60 billion guess is just when things go as they are now with from time to time some good news and decent innovations.

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February 11, 2016, 09:39:32 AM
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My guess is either $0 or $10 trillions- very likely to be wrong...

That could be right. If the bitcoin does not die at that time. It will be very big. It is in every part of human life.
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February 11, 2016, 11:45:35 AM
 #20

I can't imagine about 2050. It to far away.. we should think about our present..
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