2nd chance at Bitcoin?

[xaxistech]

I think that you won't get a second chance as big as we had back then with Bitcoins. What I would do if I were you; invest in an altcoin of your choice, you will have more chances to gain more profits that way .

[riaruhs09]

Everything is very difficult to predict, especially if you ask is a period of 7 years. But all can happen, before we ask how many times the money we'll get in the next 7 years we better ask if bitcoin will survive in that time frame?

[hknatm]

  I think some alt coins may lead you to have that chance, but it is really an effort to search and decide which one is. There are lots of them now but some of them (let's say 15) have good projects and vision. That is why we share our knowledge in these platforms though I am newbie here btw (late comer)

[Sskapollo7]

Ofcourse it can happen , cause as the existence and the adaptation of BTC is at a rising stage there's still a chance to invest and get a huge amount in return after few years of increment

[Yaunfitda]

I think that you won't get a second chance as big as we had back then with Bitcoins. What I would do if I were you; invest in an altcoin of your choice, you will have more chances to gain more profits that way .

We will not get the second chance that early adopters have. But we can still get a nice profit if we can get into the market today. There is no doubt that bitcoin can triple or more in the next years to come. We are all very positive about it. However, early adopters has really got the chance to be rich because they believed in bitcoin early and its just right for them to enjoy and benefits today and become self made millionaires through bitcoin.

[asus09]

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?

all can happen in the future. even beyond what you think. as long as we all and people around the world are involved in bitcoin. something that is not impossible will happen.

[djsugar]

you said if someone bought $100 of Bitcoin in 2010ish,they should have around $6.000.000 right now,right ?
which mean the price already up around or more than 10000%(more than this absolutely,it's example) right ?
if you say it right now,
that mean you're hopping Bitcoin price will hit around or more than $10.000.000,right(should be more than tthis to reach that point) ?
it's a lot of money for people,so nobody can afford to buy it.
and in the next 7 years,i think it will not happen because it's a lot of money.
from $1000~$10.000 it's a plausible price,because people can buy it and hold it.
how about $100.000++ ? it's a lot and i bet only some people will buy it around that price.
i am absolutely sure our goverment will prevent us to get into it,because we can lose all of our money in the second.
and what will happen with our global economy ?

Where I agree wih most of your points, I completely disagree to this. Price is set to rise if not $10m then atleast $100k-$500k in a coming decade. But that doesn't means price can only reach there if people buy a whole bitcoin. Buy in Satoshis and mBTC can also take the price to unexpected level. That is how the future price is most probably be dictated.

[xbl1008]

bitcoin has a huge potential so their will always a chance invest now so you'll have no regrets like now
i also regret not buying so many bitcoin back in 2010 its so da*m cheap but now you can buy real estate using bitcoins
so capital appreciation in bitcoin as form of investment is a smart choice accumulate as many as you can this early

[SUDARMONO]

you hope to repeat to get a multiplier like in 2010 until the current price again is not it?
I think it's very difficult and I do not believe it will happen again in 7 years, you can imagine how much bitcoin will cost if you expect it to happen, I guess not many people can afford to buy bitcoin because it's so expensive we buy it.

[woas4]

Probably not buddy. I don't think you'll be able to turn those 500usd into a million... That would require bitcoin to grow 2000x in the next 7 years, reaching over 200 trillion dollars market cap. For comparison, the US dollar has something like 12 trillion market cap. Can you see bitcoin being 18x bigger than the dollar in under 7 years?

[vinc3]

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?

As I can see both of us are not around we bitcoin started, so we really are hoping that the scenario last 2010 will repeat itself. But as of the moment I can say that it is very unlikely to get into that price that's very a lot of money, many of us is trying our luck in altcoins, for it might go near to the rank of bitcoin, that is still a very big possibility so many of us opt to feel that road than going directly to bitcoin. You could find your way as well, for we have our own paths to take.

[Bukx]

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 dont think so. Why? Because the price conversion is too high. I trust that bitcoin will keep going high but it will not worth that much.

[AVAMONEY]

it's impossible.
Bitcoin prices may still skyrocket, but certainly still within reasonable limits. if you are jealous of people who have been paying off the results of their long-term investing, this is certainly an investment gambling for the future.
But it does not hurt you want to save it for a very long time.

[ashfer]

As you said if someone bought btc for 100$ in 2010 and has maintain it till now the person will now have worth of $6 million.The same can happen in the next seven years is not something which is not predictable but it does'nt mean it will not happen there are chance for it to happen again in the future but nobody can predict when it will be as of now the current value is above 5k USD and reaching 10k is not such a long way to go few days ago it was 6k USD and now the market went back to 5k the price of btc is completely depending on the trust which is being build by the people so the market keep changing from time to time.

[nerijoyfy]

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?

It's a nice thought but life is not that simple. Be positive, don't be too positive.

[yojodojo21]

We are not sure about the future.
If you want to buy bitcoin now then do it as long as you have the money to buy it. We cannot predict if will make $500k bitcoin into $1 million bitcoin. It's either possible or not. We have now hard fork splitting of coins. So there should be competition of different coins.
If you invest in crypto world don't just invest in bitcoin also invest in altcoins. And treasure your information always.

[dificanovi]

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?

just think positive, in my opinion it will probably happen the second time. bitcoin will increase every year as more and more people know about bitcoin. bitcoin will be the currency of the future, the possibility of bitcoin prices will increase in the future.

[Jet Cash]

If Bitcoin can stay ahead of the rate of inflation, then it's a better savings medium than fiat bank accounts.

[Dudeperfect]

To be honest, 10 years is a huge time scale and I believe that Bitcoin will perform very well in the coming years. I think anyone who is getting involved with Bitcoin even today is an early adopter and he will get good returns on his investment down the road. However, it is not recommended if someone is putting his entire capital in Bitcoin as it is still in Beta stage and wild in behaviour so one should do his own research before taking any investment decision.

[albert11]

Did you mean if you now have 500 $ worh of bitcoins you should increase 1 Bitcoins by almost 100 million $ meaning 1 Satoshi is 1 $ the equivalent. Since $ 500 now when it's converted to bitcoins is at 0.09 BTC and when 1 Satoshi is 1 $ the value of your bitcoins equals 9,000000 $. It's definitely impossible to happen. But it depends on whether the Bitcoins are fully adopted by all countries