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Author Topic: Bitcoin will get half million dollars prices by 2030 : Blockchain.info CEO  (Read 4018 times)
manselr
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April 18, 2017, 10:52:47 PM
 #61

By looking bitcoin trend from 2009 until 2017 and start to calculate and speculate using some model method, bitcoin will reach significant value on the future but still invest bitcoin will consider as risk investation because they can vanish or "broken" in different ways

If we end up seeing a growth similar to 2009 to 2017 until 2030, then it means we will see an huge bubble, a final bubble that reaches $500,000

And in between, smaller bubbles but increasingly bigger until the last big bubble to $500,000+
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April 18, 2017, 11:03:16 PM
 #62

I don't think we'll continue to see the rises we're seeing year over year at the moment in 10+ years. We're at a very volatile time at the moment whereas in 10 years thing should be more stable if bitcoins truly follow a stock rather than a currency.
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April 18, 2017, 11:29:00 PM
 #63

I believe everyone will love this speculation. Read on this here : https://www.cryptocoinsnews.com/bitcoin-price-hit-500000-2030-says-snapchats-first-investor

They are not just throwing blind balls but come with solid evidences to support their speculation.

Usually both positive and negative speculations will occur quicker than expected. We may speculate price levels some what accurately but not the time frame. So, time of 2030 may  shrink to 2025 too, what you think ?
Positive speculation such splash of water in the desert, moreover it comes with some reasonable factors. "The bitcoin user network will grow 61 times through 2030. A population of bitcoin users comprising 5% of the world’s population in 2030 will drive the price to $500,000 in 2030". Just 5% of world population will lead bitcoin reach that price, incredible.
But I don't think it will gonna happen : "Another obstacle is the hard fork, which could cause a split into two bitcoins, regular bitcoin and Bitcoin Unlimited.", as long as we have bigger block size even though 2Mb will make big different, without need to hard fork bitcoin (it is a disaster).
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April 19, 2017, 12:31:03 AM
 #64

it's the same story with bitcoin at 1$ ... and then, at 10$ ... and, whoa ! At 100$ (The Rise and Rise of Bitcoin - Movie).

now, we are at 1000$.
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but, first, we destroy the FIAT money and build the global internet money :
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April 19, 2017, 02:40:56 AM
 #65

As much as I would love to see the price of Bitcoin reach a half a million dollars, I just never think that is going to happen. But maybe Bitcoin will surprise me and I will get rich through it.
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April 19, 2017, 06:37:28 AM
 #66

As much as I would love to see the price of Bitcoin reach a half a million dollars, I just never think that is going to happen. But maybe Bitcoin will surprise me and I will get rich through it.

one must understand that something like this will never happen over night, if this will happen will take several weeks months of slowly pump at a very high volume

therefore many like you who will hope to sell their coin at that value, will sell them long before that, and that's why will happen, you will only help reaching that value, like many other

the possibility for at least $100k in value are there, bitcoin have a ridiculous market now, this set the potential for a big growth, it's onyl up to the individual to accept and move on bitcoin
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April 19, 2017, 11:57:42 AM
 #67

I believe everyone will love this speculation. Read on this here : https://www.cryptocoinsnews.com/bitcoin-price-hit-500000-2030-says-snapchats-first-investor


iam not believe and very imposible if bitcoin price can incraese to 500k dollar
i never mind bitcoin price 500k dollar, because sending fee can high too if convert dollar value
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April 19, 2017, 01:16:19 PM
 #68

As much as I would love to see the price of Bitcoin reach a half a million dollars, I just never think that is going to happen. But maybe Bitcoin will surprise me and I will get rich through it.

Initially, about the bitcoin, Satoshi speculated that bitcoin will be touch 10000$ before 2050. Now its showing the potential of bitcoin and its feature to the world. Already people are adopting huge in number into bitcoin and being adopt by many business whales.
This rally continues more faster, within 10 to 20 years. It's obviously possible to that value in the price chart.
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April 21, 2017, 08:41:26 AM
 #69

I believe everyone will love this speculation. Read on this here : https://www.cryptocoinsnews.com/bitcoin-price-hit-500000-2030-says-snapchats-first-investor

They are not just throwing blind balls but come with solid evidences to support their speculation.

Usually both positive and negative speculations will occur quicker than expected. We may speculate price levels some what accurately but not the time frame. So, time of 2030 may  shrink to 2025 too, what you think ?

This is one of those threads where if someone looked at a historical post and said this will never happen and it does they will be noted in notoriety Smiley.
Just like a certain Paul Krugman
Assuming Fork does not happen and we resolve anything is possible the timeline may be off though I lean towards 2040 but will lean towards a more conservative 50,000 by 2025 then see a scaled increase in the years from there to his prediction.

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April 21, 2017, 01:43:39 PM
 #70

I believe everyone will love this speculation. Read on this here : https://www.cryptocoinsnews.com/bitcoin-price-hit-500000-2030-says-snapchats-first-investor


iam not believe and very imposible if bitcoin price can incraese to 500k dollar
i never mind bitcoin price 500k dollar, because sending fee can high too if convert dollar value
Based on the price increase, along with the same the transaction fee increases. When the price increase happens the benefit people benefit too will be high. Based on this I believe as an investment or earning source surely the user profile increase to make it the best digital currency of all time.

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April 21, 2017, 05:09:50 PM
 #71

I believe everyone will love this speculation. Read on this here : https://www.cryptocoinsnews.com/bitcoin-price-hit-500000-2030-says-snapchats-first-investor

They are not just throwing blind balls but come with solid evidences to support their speculation.

Usually both positive and negative speculations will occur quicker than expected. We may speculate price levels some what accurately but not the time frame. So, time of 2030 may  shrink to 2025 too, what you think ?

That's just 13 years to go from $1300 to $500,000. If I did my calculations correctly, that would take almost a 60% gain per year. I could see a few years at that gain, but I'm skeptical about that rate for 13 years.

 
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April 22, 2017, 11:09:33 AM
 #72

I believe everyone will love this speculation. Read on this here : https://www.cryptocoinsnews.com/bitcoin-price-hit-500000-2030-says-snapchats-first-investor

They are not just throwing blind balls but come with solid evidences to support their speculation.

Usually both positive and negative speculations will occur quicker than expected. We may speculate price levels some what accurately but not the time frame. So, time of 2030 may  shrink to 2025 too, what you think ?

That's just 13 years to go from $1300 to $500,000. If I did my calculations correctly, that would take almost a 60% gain per year. I could see a few years at that gain, but I'm skeptical about that rate for 13 years.
13 years with a sustained 60% is something very big, but we cannot completely deny that this won't happen. If you calculate the past year growth to the present years growth, it crosses 60% but the sustained growth for longer time period is simply hard. Also day by day along with the increase in users the usage too is increasing. This will surely cause a increase in value than a fall in price.

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April 22, 2017, 01:41:24 PM
 #73

2030 is very far away & so many things could happen before then, good & bad. I damn sure hope this guy is right though.

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April 22, 2017, 01:59:00 PM
 #74

then I imagine many people will became a new millionaire
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April 22, 2017, 04:24:30 PM
 #75

$500,000 seems a bit steep in that short of time imo. However, I don't think just a few years ago that people expected to see $1200 either. So.. I guess there's really no telling. We'll just have to see(And hope) lol.
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April 22, 2017, 05:09:44 PM
 #76

Though 500k is quite much per bitcoin but I won't doubt that it would get very high later in future at least from my experience few years ago when I had the chance to buy at an extremely low price and I didn't. Now, my fingers are in my mouth.
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April 22, 2017, 07:25:57 PM
 #77

It may become so valuable in this short time, if some of the biggest retailer chains accept it as officall currency it's value would raise extremly fast
and in case of another big colapse of FIAT currencies, bigger percantage of people would try cryptocoins as few years ago... and this would probably increase value too

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April 22, 2017, 10:09:57 PM
 #78

then I imagine many people will became a new millionaire
It is really cool to predict that we could see more millionaire's when the price of bitcoin reach half a million dollars but it will be really interesting to know how many would be holding on to their coins at that time,it is really difficult to tell that,people who started out with bitcoin knows the same exact thing,having thousands of bitcoin is not a big thing when it started and most of them sold off even before the big rallies started ,so it will happen again,people would sell with every price rise and people who has the guts to hold for a longer time might be millionaires.
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April 22, 2017, 11:04:22 PM
 #79

If that happens then I think Jihan or Jihad or whatever Wu will become the leader of the one world order government-dictatorship then screwing us sideways without anyone dare to oppose him take a look at NK leader  people literally kiss his ass and they even enjoy it.

Jokes aside if bitcoin scales up enough and only 100m more potential investors-users will be needed to start moving towards that direction, we can't even properly predict what happens the next day how'd you rely on a wild prediction such as $500,000 by 2030?
I think if that happens then we might go to actual military wars to decide how to do a soft or hard fork and how to change even a single line of code when the stakes are up high trillions of dollars.

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April 22, 2017, 11:16:46 PM
 #80

Lol imagine bitcoins are half a mil each. I don't think that would fly under the radar with the government hahahahaa.

But I think the real issue would be the mining difficulty. I mean holy crap, there are going to have to be some pretty amazing asics out there to deal with the difficulty going up 500-1000x.
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