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Author Topic: 2nd chance at Bitcoin?  (Read 2271 times)
thanhhavu
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October 26, 2017, 07:50:00 AM
 #101

I think BITCOIN price still go up so far, and global governments can not prevent this change.
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October 26, 2017, 07:51:17 AM
 #102

I dnt think it will go uo at that range.but im sure it will go up.so i think the chance of getting that amount is 50 50
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October 26, 2017, 07:56:45 AM
 #103

I think there is always a chance.  Because the price of bitcoin aleays increase and consistently increasing
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October 26, 2017, 08:25:54 AM
 #104

it's very difficult to make this in bitcoin now , but you can make a good profit with bitcoin , but not like the first chance .
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October 26, 2017, 08:44:52 AM
 #105

If majority of the Earth's population join into the BTC trading - I would say that it's highly possible to achieve the crazy 10K% growth for the second time...

You likely meant second chance, correct? There is a movie series with such a title, lol. I don't remember if we ever reached 10k dollars before but we will likely get there sooner than most of us dare to expect. Anyway, even if one third of the world's population invests in Bitcoin, we will definitely see prices in many thousands if not hundred thousands of dollars for just one Bitcoin. In my view, there is nothing extraordinary with Bitcoin prices around 10,000 dollars. It is just a matter of time till we get there, likely, in a month or two. Just a year ago prices like we see today looked simply unimaginable.
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October 26, 2017, 08:46:00 AM
 #106

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 is no upper limit as far as bitcoin's value is concerned so it can happen for sure. As for the likelihood, I think it is pretty likely. Bitcoin is continuing to rise and it does not look like it can be stopped.
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October 26, 2017, 08:48:08 AM
 #107

I think the thing you are not considering is if the price does continue to go skyhigh, the people who were buying 1 bitcoin for a few hundred dollars a few years ago, and people who want in and get there hands on some Bitcoin and cant afford a whole one, so they will purchase 0.1 instead and i think this trend will continue as the price rises... 0.01 and then 0.001 etc etc
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October 26, 2017, 08:52:14 AM
 #108

Yes, maybe. But it always depends on the market. And I think it will grow faster this time, because BTC has proven itself already. Hoping that its market will continue to grow.

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October 26, 2017, 08:55:05 AM
 #109

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?
Probably not. Then was a completely different situation and a completely different market. Hardly bitcoin outgrowths up to 200,000.

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October 26, 2017, 01:31:40 PM
 #110

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?

The price definitely would go up but not at the scale it went from 2010. If you purchase btc today and somehow manage to hold for 7 years, you definitely will get handsome profit but don't expect it to be a thousand times your capital

 
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October 28, 2017, 03:43:56 PM
 #111

Of course it is worth investing. Of course, you can not raise millions, but you can probably multiply your investment several times.
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October 28, 2017, 03:51:14 PM
 #112

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 $500 will get you 1 million dollars in 7 years. That would mean about 0.1 Bitcoins would be worth $1 million. We’ll be lucky if 1 Bitcoin we’re with that much. I think it could take 20 years or more for 1 Bitcoin to be worth $1 million but even if 1 Bitcoin is worth $100,000 in 7 years, that’s still a lot of money. At that rate of growth, a $500 investment could be worth $10,000 in 7 years which is a very good gain.
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October 28, 2017, 04:15:50 PM
 #113

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?

Unlikely to happen again since the price of bitcoin will have a decrease in acceleration. It will continue to increase but then not as much as it did in the past two years. Bitcoin's investment will only return some investment but the glory of that is in our hands. There is always a risk but then you should still hold and hope that you can have greater profit.
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October 28, 2017, 04:18:33 PM
 #114

I do not think it will happen. But I think that it might at least double the actual price, and in that case is wise to buy now even if you "only" multiply your investment by 2

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October 28, 2017, 04:36:55 PM
 #115

it's difficult to predict that bitcoin will increase multi-fold however if we closely watch, there are few alt-coins which seems to have potential to increase, one would be "Stratis" as it's been integrated into Azure platform.

Just need to watch out for problem they are trying to solve or trying to improve existing technology.
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October 28, 2017, 09:18:58 PM
 #116

Are there lot of people investing in bitcoin now at these prices?  The thing is there would be no way i would invest in btc at this price.  I mean sure i can look stupid if btc goes up to say 50k... but isn't investing on a coin thats already this high just very risky?  My thinking is if you invest in a coin, do it with a low value coin.  Like imagine a coin that is 5 dollars or less. 
xBitHodler
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October 28, 2017, 10:59:42 PM
 #117

You still have a big chance to earn a lot of money but I doubt you will earn a few million by investing $500 now. It could be possible if you buy about 10 BTC now. Try to invest as much as you can. It will surely pay off in the future. Unfortunately, we can't predict what the price of the Bitcoin will be in the future. I hope we will reach $10000 or even $20000 by the end of this year.
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October 29, 2017, 12:06:55 AM
 #118

You may look for Potential Altcoins
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October 29, 2017, 12:54:11 AM
 #119

I believe that second chance will happen. Because now, we can see that bitcoin value keeps increasing, and it even worth more than the first time i join this world. It's not even a year yet!
Bitcoin also becoming more and more popular. If there's nothing big that can cause a chaos, i bet bitcoin will spread its wings and become so valueable that people will regret not investing in bitcoin sooner.

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October 29, 2017, 01:21:40 AM
 #120

well if you assume that $500 turn $1.000.000 plus, the  we need a great investors or lot of investors to pump that amount. Well as we can see bitcoin is now skyrocketing and more potential in the future to pump up but we need to be realistic, and so with that bitcoin is going to be in deman world wide to pick that up amount which we really hope in the future or by now.
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