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Author Topic: That day when Bitcoin hits $50,000.-  (Read 6279 times)
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May 31, 2017, 03:52:51 AM
 #21

I may as well bookmark this now so that if it does happen one day I can look back and either be happy or moan about what happened sometime in the future before the time the price hit that ha-ha
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May 31, 2017, 03:58:50 AM
 #22

Interesting. You definitely know it's a bull market when people are quoting 50k bitcoin. Hope I see the day but I suspect world events will cause this to not happen.
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May 31, 2017, 04:05:42 AM
 #23

I'll be honest when bitcoin hits $50k I'll cash out everything, probably sooner than that. I don't think it will ever entirely replace a currency, maybe work alongside it but even then fiat will always be more stable and less prone to manipulation.
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May 31, 2017, 04:14:21 AM
 #24


Honestly, this type of thread was much more fun back when Bitcoin was usable.
With high fees and a messed up backlog of transactions you might as well take your unicorn for a ride.


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May 31, 2017, 04:21:00 AM
 #25

Definitely possible considering how a distribution of wealth works and the limited supply of 21 million.

Maybe in the future when/if it does reach $50,000 per Bitcoin, will we even be measuring with dollars?  Grin
Here not only you are dreaming for such peak but here about everyone thinking for such top price value .
Instead of my any logical thinking here I would like to share a news that I had seen about 3 days ago in the media channel .
At the TV program there was discussion about the legality of the Bitcoin and they were saying that after the mine of 1 btc , the mining of second btc is very though , so here we can say atleast in 20-30 years we can't touch this amount of the 21 millions because 1 btc mining will make much harder for us , so that Bitcoin will remain exist in the internet because miners will needed to get money to operate Thier miner .
So according to that news we can make sure that to reach 50000$ is really a simple distance time , because demands of the Bitcoin increasing speedily but still the demands are daily going down and down , so 50k$/ btc will easily reach .


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May 31, 2017, 04:33:01 AM
 #26

That would be amazing to see such growth and I would send you the tip worth my half of my bitcoin holdings if anything like that happens within next 5 years, mark my words.

Being optimistic is a good thing but it seems that you are super duper optimistic in this regard. I don't think any barrier for bitcoin to reach this figure but to be honest, I think it will take some extra time, probably even a decade. I am sure that Theymos will organise a grand party for all of the bitcointalk members if it happens.

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May 31, 2017, 04:37:53 AM
 #27

Putting this here so I can revisit later. It turns out that it will be almost exactly 3 years until we see $50,000.

BTC - $50,000 USD - June 2, 2020
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May 31, 2017, 04:48:13 AM
 #28

I'll be honest when bitcoin hits $50k I'll cash out everything, probably sooner than that. I don't think it will ever entirely replace a currency, maybe work alongside it but even then fiat will always be more stable and less prone to manipulation.
I have the same thoughts with you. Liquefying bitcoin in such price ranges will make us feel a very big profit.
So we can take the money to open a business in the real world. The money can make our chances to profit in different places.

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May 31, 2017, 04:50:04 AM
 #29

it is impossible for bitcoin to reach $50,000. because for the average people like us won't able to buy a single coin because no one can afford to buy it. so, the demands for bitcoin will decrease until no one can buy it. if that happens it will hard for us to sell coins.

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May 31, 2017, 05:07:44 AM
 #30

What are great topic you start sir! Wow I can't imagine how many money that I'll get with that. Wow just wow! Well I guess that, that thing isn't impossible and that could be heaven for us bitcoin users. You might not know that bitcoin will go $1m that isn't impossible too. When that happens I think bitcoin will be at the front page of an article or in newspaper. Bitcoin will became more famous in the whole world and maybe someday bitcoin will be the world's money or the currency. While I'm writing this reply I'm thinking the craziest way on how will I spend the money I will get in bitcoin. Imagine 0.005 btc/week and the a btc/$1m wow.



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May 31, 2017, 05:18:06 AM
 #31

most of the popele waiting for bitcoin to skyrocket and hits these high value, will be the oen that will sell way before it actually hits that, i doubt many of use can hold past the $10k mark

you will be very tempted to sell, because at that point you are reach already, and for that value one must wait a decade+ at least...
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May 31, 2017, 05:23:07 AM
 #32

Damn. It's better to leave my mark in here.

HELLO GUYS FROM THE FUTURE!

Also, why would you sell your Bitcoins when they are worth $50k if you can use them anywhere? As you said, every shop accepts bitcoin as a method of payment. No more selling "digital currencies" for the "real money" called Dollar. Bitcoin IS the real money. LONG LIVE BITCOIN!

Btw, imagine if in the future each Bitcoin are actually worth $1m each. We will be laughing about such low value you are predicting...
Nice words you haver there pal. and i would say the same "HELLO FOLKS,im bitcoin user in the past"  Grin But seeing and assuming the price of bitcoin on what is being mentioned on OP i can really say that its too over to realize or think off that price would go this price point. maybe $10k is reachable but talking about $50k i think it would not reach that amount. Not for being too negative here but this is just exaggerated.

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May 31, 2017, 05:27:23 AM
 #33

That day when bitcoin hits 50.000, and this topic wil be replied and honored
I wouldn't jump to such conclusions Wink, Bitcoin will hit $100000 per 1 BTC, its only matter of time, nothing else. Its easy to make such predictions because you are always at least 50% right without specifying time frame.
Anyway, good topic to use your imagination.

You have the right to dream, and try to work to achieve that dream, but, if you want to make a dream, it must be practical. With bitcoin, a virtual currency, although it is accepted by many countries, it can not pass the cash, its value is suppressed.

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May 31, 2017, 05:39:39 AM
 #34

When this day comes when Bitcoin hits 50,000$, I will sell all my Bitcoin and i'm going to retire from trading, buying Bitcoin and i will just live a happy life with my family. But it will only happen if i will be able to hold my BTC until that time comes.

   
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May 31, 2017, 05:40:55 AM
 #35

I would be so happy if one day I would wake up and realized that Bitcoin has already reached the $50,000 level...it would have a big dream come true. Although I don't have a big hoard of Bitcoin but certainly this can help me and my finances.

However, though Bitcoin is really rising, the road to paradise can be long, bumpy and winding so we should expect problems and challenges to come in from time to time.

For now, I would be still be happy if its value can reach $3,000 maybe before the end of 2017.  Maybe it is really time to hoard Bitcoin...if only I got more capital lol.

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May 31, 2017, 05:42:40 AM
 #36

I think that day will not came soon , it is because the value of the Bitcoin is increasing but still the most of the people are saying that we should use other powerful and stable altcoins like ETH that have very small fee in comparison of the Bitcoin fee .
So here it may be possible that either the Bitcoin will increase the size of his block or the people will move toward another altcoins to keep himself away from the big charges of fee .
So probability are for the both and I think the Bitcoin will make some big changes in his system of block cmsize and limit and in that case we will be able to use Bitcoin as were using in the last year old days with low fees .


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May 31, 2017, 06:02:31 AM
 #37

I would love to see that happened, hopefully I still able to witness that day, because for reaching 50k$ it will still take a lot of time and we still don't know whether bitcoin can reach that number or not, because the bitcoin dominance is decreasing and there is still problem with bitcoin transaction speed

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May 31, 2017, 06:12:55 AM
 #38

If bitcoin will hit $50,000 for sure it will like a bubble that will pop as soon as possible because the price of it is very high and a lot of bag holders will surely unload and they will sell all of their bitcoin to enjoy their life but who knows if bitcoin will become a stable currency and its price will be $50,000.

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May 31, 2017, 06:19:40 AM
 #39

If bitcoin will hit $50,000 for sure it will like a bubble that will pop as soon as possible because the price of it is very high and a lot of bag holders will surely unload and they will sell all of their bitcoin to enjoy their life but who knows if bitcoin will become a stable currency and its price will be $50,000.

I dont really understand what you are trying to say. Big whales will unload at $50k ? People will always unload at certain milestones. We recently saw people dump at $2500+. Next time people will dump at $5k, $10k, $25k etc. The thing is eachtime it will bounce back up. So people dumping at 5k or 50k is just a temporarly drop in price.

To be on topic, I dont know if I will sell at 50k, not all my coins but maybe a small percentage. I think this will be the case for alot of users.
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May 31, 2017, 06:20:50 AM
 #40

most of the popele waiting for bitcoin to skyrocket and hits these high value, will be the oen that will sell way before it actually hits that, i doubt many of use can hold past the $10k mark

you will be very tempted to sell, because at that point you are reach already, and for that value one must wait a decade+ at least...

I agree with you. The 10k mark is very tempting. In my country if I have a few bitcoins back then (which I am sure I will) I would be tempted to open up my own pizza and pasta shop. That is my dream I am willing to pursue when I have enough coins in my wallet. I always dream about the moment when I will open up my own business and will totally interrupt the relations with my workplace. Only bitcoin can help me with that, that's for sure.
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