Bitcoin will get half million dollars prices by 2030 : Blockchain.info CEO

[Yakamoto]

in our lifetimes...

100k is easy!

500k is not impossible!!

all it will take is a half dozen (6 ) billionaires getting involved.

boom.gif

It won't even require that, just enough people willing to buy Bitcoin (and still hodl it) will be able to catapult Bitcoin to something like $500,000, just over a longer period of time. Money still flowing into Bitcoin means it will keep getting more and more valuable, and as long as there are no market crashes there can easily be pumps to massive numbers. It just comes down to community growth.

I'm curious as to everyone else's opinions on whether or not Bitcoin can start to experience a kind of exponential growth as the price goes up, and more people seek to make money off of it, raising the price, rinse, repeat.

[arbitrage001]

There are many competition from other coins out there.

No doubt there will be more gamblers willing to "invest" on crypto-currency in general.

[york780]

There are many competition from other coins out there.

No doubt there will be more gamblers willing to "invest" on crypto-currency in general.

Altcoins = gambling while Bitcoin= investing. In the long run only BTC will succeed as an investment.

[Qartada]

There are many competition from other coins out there.

No doubt there will be more gamblers willing to "invest" on crypto-currency in general.

Altcoins = gambling while Bitcoin= investing. In the long run only BTC will succeed as an investment.

Risky investments are not gambling.  If risky investments were gambling, Bitcoin would be gambling too, especially since the lines of what causes its intrinsic value are very hazy and the price is arguably always going to be overvalued.

Altcoins can even be safer than Bitcoin in some cases.  Who knows when Bitcoin could move into a bear market and some other coin could move into a bull market?  No one does.

[york780]

There are many competition from other coins out there.

No doubt there will be more gamblers willing to "invest" on crypto-currency in general.

Altcoins = gambling while Bitcoin= investing. In the long run only BTC will succeed as an investment.

Risky investments are not gambling.  If risky investments were gambling, Bitcoin would be gambling too, especially since the lines of what causes its intrinsic value are very hazy and the price is arguably always going to be overvalued.

Altcoins can even be safer than Bitcoin in some cases.  Who knows when Bitcoin could move into a bear market and some other coin could move into a bull market?  No one does.

No. Bitcoin has by far the biggest community, marketcap, marketdomminance, most spread amount of coins of all the crypto's. If bitcoin doesnt succeed, no other crypto will. Bitcoin is a store of value, anti inflation, investment and safe heaven for altcoin traders. Bitcoin is here to stay, altcoins could easily dissapear or go to shit. Look like redcoin, or tether any many others. I wouldnt be suprised if Dash would be dead in 3 years. Altcoin= gamble. Only a few good ones around like Lisk, Byteball, Stratis, Ubiqsmart. Never let some altcoin decide what to do with your money. In BTC we trust. :-)

[Iranus]

There are many competition from other coins out there.

No doubt there will be more gamblers willing to "invest" on crypto-currency in general.

Altcoins = gambling while Bitcoin= investing. In the long run only BTC will succeed as an investment.

Risky investments are not gambling.  If risky investments were gambling, Bitcoin would be gambling too, especially since the lines of what causes its intrinsic value are very hazy and the price is arguably always going to be overvalued.

Altcoins can even be safer than Bitcoin in some cases.  Who knows when Bitcoin could move into a bear market and some other coin could move into a bull market?  No one does.

No. Bitcoin has by far the biggest community, marketcap, marketdomminance, most spread amount of coins of all the crypto's. If bitcoin doesnt succeed, no other crypto will. Bitcoin is a store of value, anti inflation, investment and safe heaven for altcoin traders. Bitcoin is here to stay, altcoins could easily dissapear or go to shit. Look like redcoin, or tether any many others. I wouldnt be suprised if Dash would be dead in 3 years. Altcoin= gamble. Only a few good ones around like Lisk, Byteball, Stratis, Ubiqsmart. Never let some altcoin decide what to do with your money. In BTC we trust. :-)

I think he's got a point actually.  You're right that Bitcoin has the biggest community and market dominance, but that's not relevant to whether an altcoin is a good investment.  People use Monero because it's better than Bitcoin for illegal activity and anonymity.  People use Ethereum because it's better than Bitcoin for app development.  These altcoins all serve the same purposes as Bitcoin to some extent but with their own additions for different niches.

Even if it was a scamcoin or shitcoin it would still be an investment, just a bad one.

[Anno MMXVI]

500 000$ is way too much, even for me, a true Bitcoin believer. 10 000$ sounds way more realistic. Anyway, lurking people into Bitcoin by telling them that they will win money by doing so is a bad idea.

[vickwinn]

Yes, It will reach that level by 2030.

Zopnews

[stompix]

"From 2013 to 2017, the network grew from 120,000 users to 6.5 million users, nearly a 54-fold gain. Such growth would produce 400 million users in 2030."

And in 2046 this 54 fold gain would produce 21.6 billions users.
I think there is one small problem with this.
But I'm having a hard time spotting it.

It has something to do with the world population , I'm sure of it .

[zimmah]

I hope bitcoin will reach this much, but at the current state I doubt it will ever reach that.

But I think at least 1 crypto will eventually become a trillion dollar market cap asset. The question is just which one.     

[The_prodigy]

This is great that blockchain ceo spoken about the many people argueing about the bitcoin price but this will take 13 years more so theres 13 years chance for us to earn and save them for this year and for those who had tones bitcoin in this year hope that you don't die lmao.