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Author Topic: Just about 20 million. Wait and watch it REALLY explode...  (Read 2373 times)
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August 14, 2017, 10:15:20 PM
 #41

Tens, hundreds of thousands of new bitcoin purchasers, traders, holders... It's a fever, across the world, making the mainstream news -and new highs- every day....

But this is NOTHING. All those 10s, hundreds of thousands of new bitcoin converts, hardly realize yet that there is going to be only 21 million bitcoins. Ever. And about 1 million have already been lost forever, so, basically, about 20 million...

What is going to happen when not hundreds of thousands, but actually hundreds of millions of people want to have bitcoin?

We ain't seen nothing yet.

Here's my prediction, for the books: $50,000+ within 5 years, probably within 3 years.

Or earlier.

Bitcoin limited supply makes bitcoin increasingly rare as time goes on, because bitcoin could reach $5000 in this year and then $50K in 5 years later? Maybe it could happen due to people always looking for an investment and bitcoin is one of the best.
Current rally maybe caused by investors or some whales be involved in this technology due to stocks and bonds market declined after US election.



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August 15, 2017, 07:40:16 AM
 #42

I think it is a bit unrealistic for 50k within 5 years, 10-15 years I can definitely see it.

Either way can't go wrong if you buy and can hold long term.

there is nothing unrealistic about it. as the second comment of this topic mentioned and I also agree, the adoption of bitcoin is like an S curve. these curves have the tendency to be slow at first then the rate picks up and becomes nearly vertical and then it slows down as it reaches the final stage.

with bitcoin we are still in the bottom of the curve and in early stages. what we see as a big rise is simply a small rise in the future. bitcoin is a global currency which is also decentralized. that is not a small thing and exactly that is leading to this growing adoption. soon this rate will pick up and enter the vertical stage of S curve in a couple of years and eventually reach the mass adoption. but in the meantime prices like $50K in 5 years are nothing.
At the start of this month, people were saying bitcoin will touch 4000 dollars and I used to laugh at their thoughts but they were right. Bitcoin is now $4000 and this has even happened in lesser time then predicted. Now I believe, it’s not impossible for bitcoins to go as far as 50k. I am just getting more and more curious about the power of bitcoins now.

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August 15, 2017, 04:59:10 PM
 #43

limited supply, making bitcoin value actually explode. From what is considered impossible to be real. Because, perhaps most people consider value of bitcoin will not be as grand as it's today. And indeed, it can be imagined if hundreds millions people in the world want bitcoin. Definitely more fantastic bitcoin.

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August 15, 2017, 05:08:21 PM
 #44

The amount of siglink bait posts in this thread simply repeating everyone else is rather transparent boys.

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August 15, 2017, 05:15:38 PM
 #45

Tens, hundreds of thousands of new bitcoin purchasers, traders, holders... It's a fever, across the world, making the mainstream news -and new highs- every day....

But this is NOTHING. All those 10s, hundreds of thousands of new bitcoin converts, hardly realize yet that there is going to be only 21 million bitcoins. Ever. And about 1 million have already been lost forever, so, basically, about 20 million...

What is going to happen when not hundreds of thousands, but actually hundreds of millions of people want to have bitcoin?

We ain't seen nothing yet.

Here's my prediction, for the books: $50,000+ within 5 years, probably within 3 years.

Or earlier.
We haven’t seen anything yet, but till then, I believe we can still find a way. That’s why I keep storing Bitcoins. I don’t use up my bitcoins no matter what. I always try to save some. Lol…maybe in future, those that are late or that missed might consider joining other crypto currencies (altcoins)* and start working on them like we did for Bitcoin. When the 21 million is completely mined, I don’t think people will be getting into it much like that…and I also believe the price will become so high, maybe possibly $50,000 each, or maybe more than that. But till then, we shall see.


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August 15, 2017, 05:23:14 PM
 #46

Tens, hundreds of thousands of new bitcoin purchasers, traders, holders... It's a fever, across the world, making the mainstream news -and new highs- every day....

But this is NOTHING. All those 10s, hundreds of thousands of new bitcoin converts, hardly realize yet that there is going to be only 21 million bitcoins. Ever. And about 1 million have already been lost forever, so, basically, about 20 million...

What is going to happen when not hundreds of thousands, but actually hundreds of millions of people want to have bitcoin?

We ain't seen nothing yet.

Here's my prediction, for the books: $50,000+ within 5 years, probably within 3 years.

Or earlier.
We haven’t seen anything yet, but till then, I believe we can still find a way. That’s why I keep storing Bitcoins. I don’t use up my bitcoins no matter what. I always try to save some. Lol…maybe in future, those that are late or that missed might consider joining other crypto currencies (altcoins)* and start working on them like we did for Bitcoin. When the 21 million is completely mined, I don’t think people will be getting into it much like that…and I also believe the price will become so high, maybe possibly $50,000 each, or maybe more than that. But till then, we shall see.
well for those who believes its really possible that this investment will turned to that value logically say that if ever that most of the people
around the globe consider this as a good investment value will become higher as many wants to hold some bitcoin and hold it till price
will hype more numbers of demands will force the jumped up.

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August 15, 2017, 06:07:38 PM
 #47

I expect whales to dump soon and bring it back to $1000-1200, then rinse and repeat.
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August 15, 2017, 06:59:06 PM
 #48

I expect whales to dump soon and bring it back to $1000-1200, then rinse and repeat.

Awesome dream man, but let me get you to the reality first - ^THAT'S NEVER GONNA HAPPEN EVER^  Grin
Hey OP, you made fun of Bitcoins by saying that if hundreds of millions of buyers get into it, your prediction for 5+ years would be just 50k USD?
I think you underestimated its limited number and the power it is gaining in digital world by revolutionizing the way people used to conduct finances.
My prediction would go for $500,000 because if the number gets reached (which is going to happen extremely sooner) then none would dump as this guy said, but the competition to buy it at whatever rates it is being sold will lit up like wild fire.

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August 15, 2017, 08:32:12 PM
 #49

The amount of siglink bait posts in this thread simply repeating everyone else is rather transparent boys.
It is about prove if you are having proven then you can say that because everyone looking for feeds so i would like to say that you should provide proves with the post don't let you post useless it is familiar guideless to you. I hope you will do the thing what i want you to do it is best way to release people mistake so i would be waiting for that day when i see once again post of you.

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August 15, 2017, 09:04:02 PM
 #50

i totally agree. Only concern is if someone (read governments) make an attack on the bitcoin network.
Could the chinese government buy so much hashpower, that they could destroy the network, and just call all it an investment to ruin bitcoin?
I do not think so that Chinese government will go this far in order to demolish the network. Moreover, Bitcoins have been legalized only in three countries of Asia which includes China, Philippines and Japan. Think a little positive. May be they turn the tables around and support bitcoins instead of invading it.

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August 15, 2017, 09:18:38 PM
 #51

^ At this rate, I won't be surprised if we reach 5K in a week (or even overnight from here) and 10K in a month.

I know it sounds unrealistic, but so does bitcoin going from this years low to 4K so...

It doesn't sound unrealistic at all. The way that this rally has been carrying on, it could easily hit 5k in a matter of hours.
I am sure we will have a pullback after that, but attaining those levels is not unrealistic.

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August 15, 2017, 11:22:31 PM
 #52

I think we all know about how supply and demand works, since its only about 20 million, prices will surely go up, i'm pretty sure that by the end of 2017 it already broke the 5k target and by next next we can see a new high for bitoin, and by that time, i believe we'll all be looking forward fpe a new goal like 50k by the end of 2018, which i think is plausible.
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August 16, 2017, 02:55:33 AM
 #53

The amount of siglink bait posts in this thread simply repeating everyone else is rather transparent boys.
It is about prove if you are having proven then you can say that because everyone looking for feeds so i would like to say that you should provide proves with the post don't let you post useless it is familiar guideless to you. I hope you will do the thing what i want you to do it is best way to release people mistake so i would be waiting for that day when i see once again post of you.

You want me to prove to you that people are posting useless shit that has been stated 50 times already? Ok just read the thread and see for yourself. Some are pretty much copy/paste. Or you posting the above asking for proof in broken english to promote your roc sig bounty..

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August 16, 2017, 07:09:31 AM
 #54

Tens, hundreds of thousands of new bitcoin purchasers, traders, holders... It's a fever, across the world, making the mainstream news -and new highs- every day....

But this is NOTHING. All those 10s, hundreds of thousands of new bitcoin converts, hardly realize yet that there is going to be only 21 million bitcoins. Ever. And about 1 million have already been lost forever, so, basically, about 20 million...

What is going to happen when not hundreds of thousands, but actually hundreds of millions of people want to have bitcoin?

We ain't seen nothing yet.

Here's my prediction, for the books: $50,000+ within 5 years, probably within 3 years.

Or earlier.

Agreed. The most valuable trait of bitcoin in my opinion is the fact that there is a hard limit imposed on the amount of bitcoin that can be ever created. This is directly opposing most world governments which just print money whenever they want to inflating the monetary supply and making your dollars worth less, essentially.

Also even though bitcoin has existed for 8-9 years now, it's still quite new. People still generally have no idea what it's about or why it is necessary. Some of my friends still think that bitcoin is a company.

Your prediction might happen, considering how crazy this pump has gone so far. But imo it's unlikely as usually after a pump like the current one the market essentially goes to sleep for the next 4-5 years, and gradually decreases in price.














 

 

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August 16, 2017, 09:45:21 AM
 #55

I think we all know about how supply and demand works, since its only about 20 million, prices will surely go up, i'm pretty sure that by the end of 2017 it already broke the 5k target and by next next we can see a new high for bitoin, and by that time, i believe we'll all be looking forward fpe a new goal like 50k by the end of 2018, which i think is plausible.


Easy my friend. 50k next year is way too much imo!Maybe after halving 2020.
5k and maybe 10k as a short peak this year I would agree with you.
Anything else will probably end with a long correction as we've seen in the past. So instead of going parabolic to five figures in no time, I hope for continuing the staircase model. Moving up a bit (500-1000), correcting a bit (300-700), rinse and repeat.This what we have the last several months and it works pretty good and doesn't harm anyone.
But I know this is not how we will continue moving always. Probably there will be a point in time where we will just skyrocket insanely and see a massive drop and another bear market of 6-12 months or so.Sure in the long run this bear market(s) will just look like small correction(s) of the crazy rise within the next decade.

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September 13, 2017, 12:03:01 PM
 #56

I expect whales to dump soon and bring it back to $1000-1200, then rinse and repeat.

Awesome dream man, but let me get you to the reality first - ^THAT'S NEVER GONNA HAPPEN EVER^  Grin
Hey OP, you made fun of Bitcoins by saying that if hundreds of millions of buyers get into it, your prediction for 5+ years would be just 50k USD?
I think you underestimated its limited number and the power it is gaining in digital world by revolutionizing the way people used to conduct finances.
My prediction would go for $500,000 because if the number gets reached (which is going to happen extremely sooner) then none would dump as this guy said, but the competition to buy it at whatever rates it is being sold will lit up like wild fire.

A dream you said, 500k you said, ha! Listen to your elders boy. History repeats itself.
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September 13, 2017, 12:12:50 PM
 #57

I think we all know about how supply and demand works, since its only about 20 million, prices will surely go up, i'm pretty sure that by the end of 2017 it already broke the 5k target and by next next we can see a new high for bitoin, and by that time, i believe we'll all be looking forward fpe a new goal like 50k by the end of 2018, which i think is plausible.

If some dubious news on a few shady sites are enough to drop the price like 20% I highly doubt we will be able to break even 10k by end of 2018.
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September 13, 2017, 02:16:25 PM
 #58

I'm not expecting to get rich, but I'll take $10,000/BTC 31DEC18. LOL! I like the tech and believe in BTC, and have held since 2015. I'm retired and purchased 100BTC then, so I can live off of 10%ROI. 100%ROI/year would be $weet, though...

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September 13, 2017, 02:53:42 PM
 #59

there are 21 million bitcoin not 20 million and with competing crytpos it wont keep going up forever

the alternatives become more attractive as btc becomes more expensive

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garytheasshole
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September 13, 2017, 03:00:52 PM
 #60

there are 21 million bitcoin not 20 million and with competing crytpos it wont keep going up forever

the alternatives become more attractive as btc becomes more expensive

About 1 million are lost forever.
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