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jc89
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October 25, 2017, 03:47:37 PM |
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If someone bought $100 of Bitcoin in 2010 and kept it until now, they would now have around $6 million.
Do you think the same could happen again in the next 7 years? If I now own $500 in Bitcoin could that be worth $1 million+ in the next 7 years? Or is it extremely unlikely for this increase to happen a second time?
Although I want the same thing to happen because it will be a dream come true for most of us who weren't one of the early adopters. But I always tend to side with the reality and I think that that scenario years ago is unlikely to happen. The price will be quite intimidating for others to consider to acquire and it might affect the community of btc. |
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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danielcansil
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Activity: 210
Merit: 11
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October 25, 2017, 03:53:21 PM |
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i dont think bitcoin can reach 1 millions in just few years, but i do think it is good time to buy bitcoin now because it is dropping, you can buy it cheaply, and hold for few years, if lucky enough bitcoin can rise in few years and you can sell it for profit.
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Theizestooke
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Activity: 714
Merit: 10
Join @Bountycloud for the best bounties!
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October 25, 2017, 04:58:58 PM |
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If someone bought $100 of Bitcoin in 2010 and kept it until now, they would now have around $6 million.
Do you think the same could happen again in the next 7 years? If I now own $500 in Bitcoin could that be worth $1 million+ in the next 7 years? Or is it extremely unlikely for this increase to happen a second time?
this Dream make Bitcoin price up to 6,000$ and to the moon soon |
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RiskySanchez
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October 25, 2017, 05:07:52 PM |
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i dont think bitcoin can reach 1 millions in just few years, but i do think it is good time to buy bitcoin now because it is dropping, you can buy it cheaply, and hold for few years, if lucky enough bitcoin can rise in few years and you can sell it for profit.
That's why many people fooled about the issue. everybody says bitcoin will increase to millions of dollars and will gain more profit. I don't think so, the wheel is always spinning the price of bitcoin will not always go up and not go down, we don't know what will happen in the future but I guess its like gambling |
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Jgatsby
Full Member
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Activity: 265
Merit: 100
Pretty kewl right?
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October 25, 2017, 05:30:43 PM |
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Possibly, but the problem is I don't have the money to invest on BTC. I'm still new here so if I were lucky enough to earn big time in signature campaign then I won't hesitate to invest some on BTC and hold as long as I can.
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ethereumhunter
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October 25, 2017, 05:34:22 PM |
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Possibly, but the problem is I don't have the money to invest on BTC. I'm still new here so if I were lucky enough to earn big time in signature campaign then I won't hesitate to invest some on BTC and hold as long as I can.
you can try with other way to earn bitcoin. i think you can join in bounty campaign so you can earn tokens and you can sell the tokens for ethereum and then you can sell the ethereum to earn bitcoin. i think there is many more ways that you can use to earn bitcoin but you need to work and you need more time so you can able to earn more bitcoin. |
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mayadin
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October 25, 2017, 05:35:08 PM |
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It is not worth looking back, just look ahead and the future is bright, even with less btc in your pckets  |
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fxbit
Member
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Activity: 140
Merit: 11
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October 25, 2017, 05:49:46 PM |
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if you know to arbitrage by trading at 2-3 exchanger you should make good profit and probably can make 1 complete bitcoin by doing this
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I'M GOD'S #1 SERVANT
1MGod1NYS3J8GULqdV67WCdiHVHa3Jts7N
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MostafaGamal
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October 25, 2017, 05:51:17 PM |
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i think it's very hard to get like old chance , but it's can happen in altcoins .
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shillberting
Member
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Activity: 103
Merit: 10
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October 25, 2017, 05:59:58 PM |
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If someone bought $100 of Bitcoin in 2010 and kept it until now, they would now have around $6 million.
Do you think the same could happen again in the next 7 years? If I now own $500 in Bitcoin could that be worth $1 million+ in the next 7 years? Or is it extremely unlikely for this increase to happen a second time?
Not a snowballs chance in hell my friend. The $ per coin for bitcoin would be way higher than any high end estimate and is very unlikely due to that reason. You could however get in low on an alt and watch it boom to the moon. Probably wont happen today or next week as the market isnt exactly in a bull run but if you get in on the right coin and it goes through a bull run I dont see why not you cant do that. I think somebody invested a few btc into stratis a year back and that coin took them from a few thousand to something like $25 million. It can happen you just gotta choose correctly and have a bit of luck of course! |
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silent17
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October 25, 2017, 07:46:53 PM |
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If someone bought $100 of Bitcoin in 2010 and kept it until now, they would now have around $6 million.
Do you think the same could happen again in the next 7 years? If I now own $500 in Bitcoin could that be worth $1 million+ in the next 7 years? Or is it extremely unlikely for this increase to happen a second time?
I don't think that bitcoin will be the same in 7year, I think it will increase but not the way that it increases before, but we can't really say it, but for now, if you really want to earn more, you should look into altcoins as well, look for potential altcoins and invest there. |
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hacker1001101001
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October 25, 2017, 07:52:04 PM |
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If someone bought $100 of Bitcoin in 2010 and kept it until now, they would now have around $6 million.
Do you think the same could happen again in the next 7 years? If I now own $500 in Bitcoin could that be worth $1 million+ in the next 7 years? Or is it extremely unlikely for this increase to happen a second time?
Yes, it is possible if we save bitcoin now than we can earn large profit in coming future. One should try to save as much as bitcoin he can for future and than we can get best returns in comming future. As more and more peopel are trusting bitcoin it is becoming more big currency and saving it is best option now. |
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Williamsss
Jr. Member
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Activity: 58
Merit: 10
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October 25, 2017, 07:55:09 PM |
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I'm not seeing that happen in the same span time of 7 years but when bitcoin replaces the current payment system I think it can even pass that growth %.
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sirat01
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October 25, 2017, 08:11:13 PM |
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Nothing is impossible in cryptocurrency. Yes it can be.No one what will be the price of bitcoin after 7 years. Though 7years ago bitcoin price was 1$ = 1400 bitcoin and now price is 1 bitcoin= 5500+$ so it can be. But no one can tell the exact price.
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Lorilikes
Sr. Member
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Activity: 672
Merit: 251
Content| Press Releases | Articles | Strategy
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October 25, 2017, 08:50:01 PM |
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I always feel like, when I look back, I should kick myself for not hanging on to what I had. However, hold now! Bitcoin isn't done with it phenomenal growth yet. I am serious! One Bitcoin will be enough to buy a house with in 25 years.
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robx
Newbie
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Activity: 8
Merit: 0
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October 25, 2017, 09:24:39 PM |
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I think its the wrong question when you ask like: can bitcoin increase x100 again ? If you want to try to calculate future prices better look for the absolute increase in value. When you ask if the value can go on growing at the same speed the answer is simply - yes it can. Say in the last 12 months it was rising from 1000$ to 5000$, the increase in value was 4000$ in one year - and if people go on investing the same amounts of money into bitcoin it will grow another 4000$ in the next 12 months again. IF the people go on investing like they do now- nobody knows for sure. I think bitcoin will be REALLY MAINSTREAM in the next 2-5 Years.or call it mass adoption. Its easy to imagine that at this point it will not only grow 4000$ a year. Maybe 10,000$ or even a lot more. So with all this in mind, in 2025 Bitcoin will be worth between 0$ and 500,000$  |
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shield132
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October 25, 2017, 09:48:01 PM |
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If someone bought $100 of Bitcoin in 2010 and kept it until now, they would now have around $6 million.
Do you think the same could happen again in the next 7 years? If I now own $500 in Bitcoin could that be worth $1 million+ in the next 7 years? Or is it extremely unlikely for this increase to happen a second time?
Bitcoin exist for 8 years so it will be very hard to say what will happen in 7 year, it's still very young so you also see what has happened these years, maybe soethinf unpredicted can happen in second 7 year. But I think it won't fall so much and then rise because it's now very high, if it fall, then there are some serious problems which will be hard to fix and will take years or it will die. |
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player514
Legendary
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Activity: 1414
Merit: 1039
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October 25, 2017, 09:49:36 PM |
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If someone bought $100 of Bitcoin in 2010 and kept it until now, they would now have around $6 million.
Do you think the same could happen again in the next 7 years? If I now own $500 in Bitcoin could that be worth $1 million+ in the next 7 years? Or is it extremely unlikely for this increase to happen a second time?
There will always be a limitation to how much something can grow. There are a limited amount of people here in the planet, and thus there is theoretically a limited amount of support and investors that Bitcoin will have. That doesn't mean Bitcoin won't grow anymore, it's just a way of saying that Bitcoin has grown a lot in the past time and now the growth may slow down. |
This area is up for grabs! PM me if you're interested.
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BlueLight22
Newbie
Offline
Activity: 26
Merit: 0
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October 25, 2017, 09:54:05 PM |
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I think the price will keep increasing. But it wont be that fast after now. It will be increasing slower after now.
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paul00
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October 26, 2017, 12:04:02 AM |
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Well we will never know unless someone will try it today and wait until these next few years would come. That time (2010) I guess it is the risk that each investors take, where there is no assurance that bitcoin or the investment they have will boom in the future but they believed and invested and now they are just truly lucky that bitcoin is at its finest and hopefully be more in the future.
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