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Question: Will Bitcoin hit $ 500,000 by 2030?
Never - 7 (14.9%)
I am sure it will - 24 (51.1%)
What is Bicoin? - 0 (0%)
I couldn't care less - 0 (0%)
It will rise but not as much - 13 (27.7%)
It will go bust - 1 (2.1%)
I am a bigot - 2 (4.3%)
Total Voters: 47

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Author Topic: [POLL] Will Bitcoin hit $ 500,000 by 2030?  (Read 1391 times)
JackpotRacer
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June 09, 2017, 12:52:27 PM
Last edit: June 10, 2017, 08:41:45 AM by JackpotRacer
 #1

Please vote and lets see if there are some people who think it is possible

thx


edit
thought I add this link to the Poll

https://www.cryptocoinsnews.com/bitcoin-price-hit-500000-2030-says-snapchats-first-investor/

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June 09, 2017, 01:29:58 PM
 #2

It is really imposibble. $500,000 is really big amount of money even though that the bitcoin is gaining more power nowadays the bitcoin will never achieve that value. But I think in that year that you say the worth of the bitcoin will become $20000 and up.
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June 09, 2017, 02:33:26 PM
 #3

It is really imposibble. $500,000 is really big amount of money even though that the bitcoin is gaining more power nowadays the bitcoin will never achieve that value. But I think in that year that you say the worth of the bitcoin will become $20000 and up.

I learned that nothing is impossible Smiley I just hope we will be still alive to get the answer and celebrate the profit Smiley


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June 09, 2017, 04:50:00 PM
 #4

Regularly the acceptance, adoption and the legalizing of bitcoin is increasing, so surely there will be an increasing demand causing more users to use it same as they use traditional currency. So based on the demand the increasing will happen which might take the price as high as $500000.
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June 09, 2017, 05:09:41 PM
 #5

I would say that $500,000 can be high but there is someone who predicted that Bitcoin can reach a million dollar value within 10 years or even less...well am not really inclined to believe on that prediction not unless it is already true and I can verify it.

But who would not want to wish that Bitcoin can reach that level on 2030? I have a little Bitcoin and it can help me by that time if my hoard can be so valuable so that I can retire with ease.
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June 09, 2017, 05:40:44 PM
 #6

I think its possible to hit $50,000 because there were be another halving that is happening and it will contribute to bitcoin being scarce. So the demand for bitcoin will be very high but the supply is low. So the price can skyrocket to astronomical level including $50,000. So you guys should hold on your bitcoin because if the price reach this high, we are all gonna be rich.

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June 09, 2017, 07:26:36 PM
 #7

depend,how far do you make btc famous also make ur family if bitcoin are important from our life,
because need big share to make many people buy bitcoin in future


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June 09, 2017, 07:33:30 PM
 #8

It's possible that bitcoin can hit $500,000 but I really don't know if that is going to happen by 2030. With the growth of bitcoin, everything is possible but I'm looking forward with the price of bitcoin at lower price ranging $10,000-$20,000. But if the growth will be on this positive and continuous we'll see if that will happen on that year or even earlier.

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June 09, 2017, 07:40:22 PM
Last edit: June 09, 2017, 07:51:38 PM by jamyr
 #9

I think that the value of bitcoin will still go up but not as much as $500,000. With 21,000,000 BTCs that will be 10trillion 500billion USD. Does the world have that much money?

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June 09, 2017, 07:55:24 PM
 #10

This is a long dream, it is as good as saying between will hit $1M. i have casts my vote but i think it is too early for us to discuss this because bitcoin is yet to hit $10K which might not be this year.

We are in 2017 and we have 13 years to 2030, how many percentage gain will bitcoin have everyday of 365 multiply by 13 to hit $500,000 ?
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June 09, 2017, 08:03:38 PM
 #11

There is a math behind the claim that says bitcoin could potentially hit $500K/BTC by 2030 if you calculate the adoption rate and from other side if you look at difficulty increase all of this with only 21M bitcoins and even now that we're at $2870 is because only a few million people or even less are actively trading bitcoin/ buying / holding and what will happen if just 150M people want to get involved? next what happens if 1.5B want to get involved?

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June 09, 2017, 09:03:42 PM
 #12

There is a math behind the claim that says bitcoin could potentially hit $500K/BTC by 2030 if you calculate the adoption rate and from other side if you look at difficulty increase all of this with only 21M bitcoins and even now that we're at $2870 is because only a few million people or even less are actively trading bitcoin/ buying / holding and what will happen if just 150M people want to get involved? next what happens if 1.5B want to get involved?

There are various ways of calculating all kinds of scenarios, where each time a higher number pops up, but at this point they all have no value. You have to realistically look at current situation, the growth that we have gone through, and from there come up with something not too conservative, but at the same time also not too unrealistic from todays standpoint. By that time I surely believe that we have surpassed the $10,000 level easily, but haven't got even close to reaching the $100,000 level.
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June 09, 2017, 09:16:29 PM
 #13

In less than 10 years Bitcoin has managed to grow in value to about $2800 with some adoption resistance here and there..
and if it goes another 5 years as top cryptocurrency we should expect more demand as more people try to get their hands on the crypto and by 2030 It will rise but not as high as $ 500,000 maybe 10k to 30k dollars sounds more realistic.

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June 09, 2017, 09:30:30 PM
 #14

yes I am sure that it will happen in 2030 because from now 7 years ago the price was very much lower and in this 7 years the increase in price was very faster and if the speed of the price remained the same then in the coming 13 years I am sure that it will reach to that price.

 
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June 09, 2017, 11:27:48 PM
 #15

Maybe by the year 2050 Bitcoin hits $120,000 but $500,000 is just way too much for a currency I don't know why would any body mines a coin costing them something like $400,000 to sell them for 500,000? no sane person would do that, you know the electricity would be wasted and so many ASIC will be needed, Bitcoin needs to change by then I assume.

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June 09, 2017, 11:58:41 PM
 #16

I'm optimistic that bitcoin will hit 5000$ before 2030. This year, bitcoin will break 3000$ wall price and will set an all time high price.

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June 10, 2017, 12:07:11 AM
 #17

Umm, $500,000 is it not too high? I know nothing is impossible, but the price still crazy for a coin.
I think bitcoin only would reach $100,000 as the highest price.


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June 10, 2017, 01:40:13 AM
 #18

This is an interesting question.   To even visualize it somewhat properly I started by ramping this forward and imagining that bitcoin mining reward drops to 1.5 BTC/Block next week.   Will bitcoin value jump to $500,000 or drop to $1?

Too many variables to account for, but I'm comfortable to guess it's not $500,000.
Even with 13 more years of variables to play out, still not going to say $500,000 per BTC.

So I'm going with never ( or more specifically not by 2030 ).

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June 10, 2017, 01:44:24 AM
 #19

Stranger things have happened--as I've said in other threads, I did not expect bitcoin to be at $2800 anytime soon.  So half a mill in 13 years?  Yeah, could happen.  Do I think it's going to?  Nah, not really.  I do think we'll be much higher, but $500K is quite high.

The real question for me is whether I'm ever going to actually save any bitcoin.  I have a problem with spending it +/- trading or selling.  I really need to just save my sig campaign earnings.

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June 10, 2017, 02:22:55 AM
 #20

It is very possible that bitcoin will hit $500,000 by 2030 if adoption still continues to grow in the next coming years. I know it might be hard to reach that price by 2030 but I believe that bitcoin reaching $500,000 by 2030 is possible so I guess it might reach it. For now all I can do is wait to know if it will really reach that price by 2030 or not.
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