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Author Topic: 1 BTC = 100.000 to 1 million is a possibility in 2035  (Read 7640 times)
20kevin20
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September 11, 2016, 11:25:39 PM
 #61

This would be..... Awesome.. Most of us from here will be millionaires then, I have to guess. I only hope the future doesn't mean wars or such things though.
zimmah
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September 12, 2016, 01:01:31 AM
 #62

Only thing i know for sure about your speculation. Thats is too impossible to happen. It will took years,decades or centuries before btc get the price of $10k

you're wrong, slow adoption is impossible.

either we reached the limit of what bitcoin will ever become, or we will see exponential growth.

Zimmah, I totally agree with you and you know this well (we share the same mentality).

But there is only one thing you got wrong in what you said, now we are in the middle ground because as Satoshi said, we either have zero volume or insanely high volume (check my sig.)

In other words, either we have $0 or $100K,$1M or whatever.

Also, people should read about Gartner Hype cycle and that we still didn't reach the plateau of productivity yet, which means the future is bright as f$ck.

Well yes, obviously you can't go from $0 to $1 million with nothing in between, but what i mean is that the dream of many people who think a slow growth is natural or ideal is literally impossible.

It either grows exponentially (and due to that one law of which is can't remember the name from, that states that the value of a network is N^2 where N s the number of users, t's actually and exponential function of an exponential function, as you can also see in the chart), or it doesn't grow at all (and withers and dies).

although there might be time periods where it doesn't grow because it lacks traction, but as long as growth picks up again later that's fine, and perfectly natural.

I agree with you and you beat me in Math tbh.

People who are short sighted will really lose hard. period.

I wouldn't make a good engineer if I wouldn't.

And yes, I'm looking forward to the day the short sighted people shoot their own foot with their shortsightedness.

I didn't expect the bear market to be this long tbh, but maybe a long bear market means an even longer bull market. But I don't have enough data to back up that claim, and that's just wishful thinking. But it seems somewhat reasonable.

This would be..... Awesome.. Most of us from here will be millionaires then, I have to guess. I only hope the future doesn't mean wars or such things though.

The feature will have wars, probably bigger than we have ever seen. But it will be about religion, and probably not about bitcoin.
windale
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September 12, 2016, 04:57:48 AM
 #63

very imposible is bitcoin price is over 100k dollar every one bitcoin
never bitcoin can't reach to 100k dollar
your must understand every send bitcoin need tx transaction minimum over 10k satoshi
this mean price bitcoin 100k dollar, every send bitcoin your must reduce your capital money over 10dolllar

if true not only one people want send bitcoin again
praprata
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September 12, 2016, 10:05:12 AM
 #64

very imposible is bitcoin price is over 100k dollar every one bitcoin
never bitcoin can't reach to 100k dollar
your must understand every send bitcoin need tx transaction minimum over 10k satoshi
this mean price bitcoin 100k dollar, every send bitcoin your must reduce your capital money over 10dolllar

if true not only one people want send bitcoin again

I also do not think this will happen but some people have the feeling it will, I even think in that year the bitcoin can already be replaced by something else but that is just what I think honestly.
We just have to see this with our own eyes, I really doubt about the fact its gonna hit such a insane price..


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zimmah
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September 12, 2016, 05:46:58 PM
 #65

very imposible is bitcoin price is over 100k dollar every one bitcoin
never bitcoin can't reach to 100k dollar
your must understand every send bitcoin need tx transaction minimum over 10k satoshi
this mean price bitcoin 100k dollar, every send bitcoin your must reduce your capital money over 10dolllar

if true not only one people want send bitcoin again

that's not right, the transaction costs aren't fixed.

if bitcoin is worth more, transaction costs will go down.
BombayChicken
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September 12, 2016, 06:54:03 PM
 #66

I do not see this happen at all, its just not possible, this really would be a dream but I think that it will never come true honestly.
Its way too much for the bitcoin, it has a good future but is not so good.
thejaytiesto
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September 12, 2016, 06:55:51 PM
 #67

It will be way faster than anyone can expect, in 10 years we will see people killing themselves and jumping in front of trains once BTC is above 100k per dollars after they realize the big mistake that they did by not buying 10 years earlier.
Qunenin
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September 13, 2016, 03:36:22 PM
 #68

This would be..... Awesome.. Most of us from here will be millionaires then, I have to guess. I only hope the future doesn't mean wars or such things though.

Have you noticed. OP has mentioned this price will be in 2035. At that time, maybe we are not in this world or maybe too old to be utilize that amount.
But surely our next generations will surely see this price of bitcoin.

.
.1xBit.com.
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mrhelpful
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September 13, 2016, 07:44:37 PM
 #69

This would be..... Awesome.. Most of us from here will be millionaires then, I have to guess. I only hope the future doesn't mean wars or such things though.

Have you noticed. OP has mentioned this price will be in 2035. At that time, maybe we are not in this world or maybe too old to be utilize that amount.
But surely our next generations will surely see this price of bitcoin.

Id be dead by then..

What most people fail and to consider is the natural events around you as well - despite being able to hold that coin.

Things that are out of your control.
adibe
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September 13, 2016, 11:44:39 PM
 #70

I think it's impossible, it's really overpriced and even reach $50,000 it's also impossible. Actually it's depend though, if there are many bitcoin user in 2035, it might be happen and bitcoin like a gold or something that worth for investment.
Paashaas
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September 14, 2016, 02:30:31 AM
 #71

I think it's impossible, it's really overpriced and even reach $50,000 it's also impossible.

Are you sure? There is not enough coins for everybody.

hawkins
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September 14, 2016, 04:06:09 AM
 #72

I think it's impossible, it's really overpriced and even reach $50,000 it's also impossible. Actually it's depend though, if there are many bitcoin user in 2035, it might be happen and bitcoin like a gold or something that worth for investment.
nothing is impossible in the world of bitcoin. It could happen if everyone uses bitcoin at the time. however, I am quite sure if the price of bitcoin be as high as that, even to obtain BTC 0.001 will certainly be very difficult, especially if the number of bitcoin in the limit, it will make all the salary decrease. perhaps the fastest alternative for generating bitcoin is simply a way of trading
Lokfar
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September 14, 2016, 10:00:31 AM
 #73

It would be really something if the value of the Bitcoin was at a million. I hope that in 2035 it can be that but I do not think that it is going to happen.
I have to stay realistic but I still hope that I am wrong.
pereira4 (OP)
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September 14, 2016, 12:40:53 PM
 #74

I think it's impossible, it's really overpriced and even reach $50,000 it's also impossible.

Are you sure? There is not enough coins for everybody.



Good pic to sum it. 1% is easily achievable in the next years. 10% also if it gains traction. 100%? Im not sure about that. That's what humanity should do (move to a superior technology like bitcoin eventually) but it will take many years, not sure if we will see that. But we will see 50-100k for sure.
senyorito123
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September 14, 2016, 01:12:35 PM
 #75

I think it's impossible, it's really overpriced and even reach $50,000 it's also impossible. Actually it's depend though, if there are many bitcoin user in 2035, it might be happen and bitcoin like a gold or something that worth for investment.
nothing is impossible in the world of bitcoin. It could happen if everyone uses bitcoin at the time. however, I am quite sure if the price of bitcoin be as high as that, even to obtain BTC 0.001 will certainly be very difficult, especially if the number of bitcoin in the limit, it will make all the salary decrease. perhaps the fastest alternative for generating bitcoin is simply a way of trading

But you must wake up for those dream the said amount are far to be happen for bitcoin and as you can see its struggling to reach for 1000 per bitcoin and how much more for that huge price i think those speculation are to much since theirs no theory or proof from the past that bitcoin surpass at 1300+$ in price so i would provably believe if people would say that price is 1k in next coming years.


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Fakhoury
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September 15, 2016, 02:33:14 AM
 #76

I think it's impossible, it's really overpriced and even reach $50,000 it's also impossible.

Are you sure? There is not enough coins for everybody.



Good pic to sum it. 1% is easily achievable in the next years. 10% also if it gains traction. 100%? Im not sure about that. That's what humanity should do (move to a superior technology like bitcoin eventually) but it will take many years, not sure if we will see that. But we will see 50-100k for sure.

Any time frame you suggest for this brother ?

Quote from:  Satoshi Nakamoto
Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
zimmah
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September 15, 2016, 08:57:05 AM
 #77

I think it's impossible, it's really overpriced and even reach $50,000 it's also impossible.

Are you sure? There is not enough coins for everybody.



Good pic to sum it. 1% is easily achievable in the next years. 10% also if it gains traction. 100%? Im not sure about that. That's what humanity should do (move to a superior technology like bitcoin eventually) but it will take many years, not sure if we will see that. But we will see 50-100k for sure.

30% or so is reasonable within a decade or so.

more than that might be difficult, but it is hard to predict exactly how high it will go.

Either way it will reach very high numbers, especially if you compare it to the average expectations. The average person expectations are very unrealistic. Bitcoin just can't survive at $600 or even $1000 because there is not enough for everyone at those prices.       

Everyone would have like half a cent worth of bitcoin then or so.
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September 15, 2016, 10:16:10 AM
 #78

very imposible is bitcoin price is over 100k dollar every one bitcoin
never bitcoin can't reach to 100k dollar
your must understand every send bitcoin need tx transaction minimum over 10k satoshi
this mean price bitcoin 100k dollar, every send bitcoin your must reduce your capital money over 10dolllar

if true not only one people want send bitcoin again

I also do not think this will happen but some people have the feeling it will, I even think in that year the bitcoin can already be replaced by something else but that is just what I think honestly.
We just have to see this with our own eyes, I really doubt about the fact its gonna hit such a insane price..
I do not even know if that is possible because we are still 20 years away from 2035 so I am not even focusing on that.
I am focusing on what is happening right now with Bitcoin that is more important at the moment.
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September 18, 2016, 10:08:27 AM
 #79

That is possible but i still don't think that it can happen
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September 18, 2016, 05:18:55 PM
 #80

It will be way faster than anyone can expect, in 10 years we will see people killing themselves and jumping in front of trains once BTC is above 100k per dollars after they realize the big mistake that they did by not buying 10 years earlier.

This is definitely not going to happen.
Did anyone jumped because they did not buy Apple or Amazon in 1997 or even bought some, then sold later on?
Of course, not. People, in general, don't dwell on some mistakes, especially in investments.
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