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Author Topic: In the next five years, the bitcoin can not be developed from $650 to $6500?  (Read 1094 times)
buddu
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July 22, 2016, 12:28:56 PM
 #21

It is quite possible to get increase to this value of $6500 in next five years. Bitcoin is more strong ever than before. Moving forward with steady growth so I'm also quite sure about it. In fact nobody can predict the exact value of cryptocurrency because it has very potential to get rapidly increase in price at any time. 
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July 22, 2016, 03:32:00 PM
 #22

Not impossible but very unlikely I would say.
From last halving to this one, timeframe of 3,61 years, price has increased 52x or 5122% ($12,16 to ~$635).
A 10x increase until 2021 would include another hardfork and would "only" be a fifth of the last run up.But again...not very likely.
The coin supply at that time would be around 18.700.000. With a price of $6,5k per coin the market cap would be over 121 billion!!!!!!!
For that to happen you need ETFs, Black swan events or super mass adoption for whatever reason.
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July 22, 2016, 03:35:58 PM
 #23

It's impossible. It won't happen, at least not in your life time. Maybe your great grand kids will see it, but by then a loaf of bread will cost $100.

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July 22, 2016, 03:39:01 PM
 #24

With a price of $6,5k per coin the market cap would be over 121 billion!!!!!!!
For that to happen you need ETFs, Black swan events or super mass adoption for whatever reason.

Super mass adoption would push the price far beyond that. It would still be not too far off stealth mode. Right now it's still nowhere mode. And let's not forget that's market cap. Market cap is meaningless shite but handy for pushing prices up.
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July 22, 2016, 03:52:53 PM
 #25

That is 10 times more for just 5 years. If this have a little truth then bitcoin is best possible investment in the world. People should forget everything and just buy and collect coins, cause this 6500 $ for 5 years sounds impossible.
Don`t fool yourself, bitcoin will rise for sure, but not that fast. Even if we get there, question will be can btc hold that price, or that will be just one crazy pump. Anyway I don`t like how this sounds, I think bitcoin made a big progress until now, and people should be satisfied with this. Also people don`t need to hurry no where, time is passing slowly and with time btc is rising, that is a good way for long run and I wouldn`t change nothing in this moment.



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[15.00000000 BTC]


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