What would be the price?

[0day]

At that time the stability will be attained by bitcoin and no matter how much will be the price everyone will love it as everyone want to see stability in its price, with that people will have believe on it and so they will not fear to put their money in bitcoin.

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[davinchi]

Bitcoin is use by at least 5% of the world as a payment method

I am thinking of if bitcoin used by the whole world 100% as a payment system what would be the price of bitcoin?

I think at that time the price will be much high maybe the price in dollars will increase to five digits, but it will take a long time to happen like that , I think it will require about more than Ten years, or if we struggled hard it will happen sooner.

[BAGOBO]

If all people use bitcoin , bitcoin value will got increase since demand also got increase as bitcoin total amount only have limited amount.
Ofcourse this will happen on the future since many company start using bitcoin for their transaction

[Vaskiy]

If all people use bitcoin , bitcoin value will got increase since demand also got increase as bitcoin total amount only have limited amount.
Ofcourse this will happen on the future since many company start using bitcoin for their transaction

Exactly if bitcoin usage becomes more the demand automatically increases, the user adaption fact is that if price goes very high the users will probably be attracted on good range towards bitcoin.

[randy8777]

If all people use bitcoin , bitcoin value will got increase since demand also got increase as bitcoin total amount only have limited amount.
Ofcourse this will happen on the future since many company start using bitcoin for their transaction

what companies are using bitcoin to do their transactions? as far as i know the majority of the merchants use a payment service as bitpay to handle every bitcoin transaction. they don't do it themselves.

[Ulloa]

Nobody will know what the value will be and that is the problem, but you also never know what is going to happen and that can be also risky for you.
But as you can see you already see that the halving is coming and that can be nice for all of the people that is using Bitcoin.

[rickadone]

It will stable, but the price will drop.

Yes it is true that the price at that time will be stable and will be at a peak of its previous records, but will not drop back as at that time it will have achieved a good fame and everyone will give it the value which it desire.

[DuckKeeper]

Nobody will know what the value will be of Bitcoin and the reason is that Bitcoin is a currency so that is impossible to predict and we have to see and wait for what will happen.
And the chance is also high that the value keeps stable for a long time until the value will be more because the halving will be not that great to us.

[1Referee]

Nobody will know what the value will be and that is the problem, but you also never know what is going to happen and that can be also risky for you.
But as you can see you already see that the halving is coming and that can be nice for all of the people that is using Bitcoin.

That's not a problem at all. If you look at Bitcoin from that way then you can also point this way of looking at things at stocks, oil, Gold, etc...

[~BitSy~]

If ever that happens then we could only expect for it's price to skyrocket due to enormous demand ratio to it's supply but this is considering all bitcoins are mined as well so no more added flow of supply to the network although the whole scenario is highly unlikely unless all other monetary options do fail in the first place.

[InsideBjorn]

Nobody will know what the price will be and that is because Bitcoin is a currency and that is impossible to predict for what the value will be and that is the problem.
But as you can see now you see that the value is rising slowly so it would be maybe more worth later.

[odolvlobo]

Nobody will know what the value will be and that is the problem, but you also never know what is going to happen and that can be also risky for you.
But as you can see you already see that the halving is coming and that can be nice for all of the people that is using Bitcoin.

That's not a problem at all. If you look at Bitcoin from that way then you can also point this way of looking at things at stocks, oil, Gold, etc...

Bitcoin value does not work like the values of stocks, oil, or gold.

Stocks have underlying value because companies produce things of value. Bitcoin does not.
Oil is consumed. If production goes to 0, so does the supply. Bitcoins are not consumed (except for lost coins).
Gold production depends on the price of gold. Bitcoin production is fixed.

[Whosdaddy]

It will stable, but the price will drop.

Yes it is true that the price at that time will be stable and will be at a peak of its previous records, but will not drop back as at that time it will have achieved a good fame and everyone will give it the value which it desire.

If it wil be stable then how can you say that the price will drop? The stability mean that the price will not go up any more and will not come down. At that time everyone will have adopted it and everyone will have a suitable amount of it and so no drop and no rise.

[n0ne]

Nobody will know what the price will be and that is because Bitcoin is a currency and that is impossible to predict for what the value will be and that is the problem.
But as you can see now you see that the value is rising slowly so it would be maybe more worth later.

Stability in price of bitcoin happens only at a limited time.  If the stability of price continues traders won't be experience a good increase in price. Nothing can be predicted exactly as anything might happen with the price anytime as it don't depend upon the world market scenario.

[Herbert2020]

you cannot predict the price like this because an increase in percentage of people using bitcoin only means price rise but how much is not going to be clear since the price is also being controlled by other factors. so you can only be sure about the rise itself.

[vero]

Bitcoin is use by at least 5% of the world as a payment method

I am thinking of if bitcoin used by the whole world 100% as a payment system what would be the price of bitcoin?

sorry no offense from which you obtained the data that bitcoin is used by at least 5% of the world as a method of payment if it is true I think the current price of bitcoin will be at the level of $ 1000 ++

[naidray]

At first, there is no chance that exactly every single person would use bitcoins, at least with the current condition and state of mind of the government because they'd probably manipulate and control the flow of bitcoin supply if that happens.

Hard-to-reach areas with no technologies (e.g. tribes and indigenous people) surely will have a hard time with these kind of transaction. They would either be forced, or eradicated (as what the government would potentially do). And it will be really hard to say the price if bitcoins become a global currency because there are so many factors to consider.

[Blitzboy]

If its a 100% people are using bitcoin as payment.. maybe the price is stable at 1000 value and i think.. if all people are holding more bitcoin maybe the bitcoin value is stable..

[RoommateAgreement]

it takes time to get to that level of adoption and be used by this many peopel all over the world so i think after that the price can be in 4 digits range very easily since it had break that barrier before i find it possible.

[DuckKeeper]

It will stable, but the price will drop.

I do not like the price to be stable because it will ruin things for me. I can make money with Bitcoin but if the price is stable then that would change the way Bitcoin is mostly used.