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Author Topic: Will Bitcoin rise to $500k in three years?  (Read 5615 times)
tailwate07
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October 28, 2017, 04:01:01 PM
 #41

So guys, what do you think about McAfee prediction - will Bitcoin jump to $500 000 till August 2020?

That seems unlikely. Bitcoin to $500,000 maybe in 20 years is so. I don’t think it will rise much faster than that. Even if Bitcoin doubles in price every year, it would take over 6 years to get there. I also think there will be periods of time where Bitcoin drops or consolidates, so it won’t be just increasing. Regardless of the growth rate, it is important to accumulate as much as you can over the next few years.
The level of sustainable growth in which the reductions and adjustments will make the bitcoin go further is the way to increase dizziness.
We can see that investors are often afraid of bitcoin bubbles
Yes if investor become so lenient then this mile stone will also be achieved and 500k is achievable just we need to believe and invest into bitcoin and use it globally then this will happen and pump and dump is part of bitcoin no need to worry about it just invest and see the promising future of bitcoin this will give a lot to the people and also bring development and economic stability to the world and better place.

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October 28, 2017, 04:16:49 PM
 #42

So guys, what do you think about McAfee prediction - will Bitcoin jump to $500 000 till August 2020?
currently, btc price is $ 5700 and in the future i sure that it will increase but the btc price increase to $ 500000 which I think that is impossible. You think the btc price will increase 87 times in 3 years. I do not think so.

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October 28, 2017, 04:26:20 PM
 #43

Rise to $500K in three years ? Impossible !

500K per bitcoin would give a total market cap of 16.65*10^6 * 500 000 = 8 325 000 000 000 $....

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October 28, 2017, 04:51:03 PM
 #44

Rise to $500K in three years ? Impossible !

500K per bitcoin would give a total market cap of 16.65*10^6 * 500 000 = 8 325 000 000 000 $....


I dont think it will happen for a short period of time. $500k in thre years is a short period of time, it will takes long before it will achieve. Though there are many speculation yet we have to check the market everytime.


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Digital_Lord
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October 30, 2017, 07:41:57 AM
 #45

I do not think so, it is not beyond the realms of possibility but I don't see bitcoin really reaching 100k let alone 500k, certainly not in the next 5-10 years.
You can’t predict actually. Whatever prices these all men are just saying, they are only for your own sake. To satisfy your heart you are saying this right now. Even you don’t know what are the basic reasons for this much highness of bitcoin in last one month that is has crossed $6000. So keep satisfying your heart, it will happen what has written in the fate. So keep dreaming.

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October 30, 2017, 08:17:08 AM
 #46

In 2-3 month for sure it will cross 10000$
btcdamnit
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October 30, 2017, 08:33:06 AM
 #47

Market cap would have to be this for the prediction to be true 500000*22000000


And by the way dont take Mcafee seriously anyhow
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October 30, 2017, 08:44:51 AM
 #48

If you keep growing at a high speed, it's possible
It can be used as an investment strategy
 Undecided Undecided Undecided
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October 30, 2017, 08:46:09 AM
 #49

Rise to $500K in three years ? Impossible !

500K per bitcoin would give a total market cap of 16.65*10^6 * 500 000 = 8 325 000 000 000 $....


This is just random speculation from newbies, Bitcoin will never worth over $100k in 3 years later, It may be worth double digit in the future but that will never touch hundreds. To possibility about bitcoin wroth over 100k in the future if the max supply already reached and the more bitcoin will be lost due to the various reason and that will be decreasing the total supply from the maximum supply.
And in every halving the price will be doubled.

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October 30, 2017, 09:00:34 AM
 #50

I dont think bitcoin price will reach 500k dollars in the hear of 2020 because that price is very high and for sure the highest price is maybe around 30k dollars thats my own prediction. 500k if happen if you have 2 bitcoin you will become a millionaire person. But the percentage to happen that is very low or 0 percent if I range it. But I hope the price will continue to increase.

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moontrain
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October 30, 2017, 09:24:51 AM
 #51

Bitcoin $500k? lol...

It has a chance of rising up to 10k in the near future and i'm unsure as to what barriers it will continue to break after that but I hope it's many but I want to remain in the realm of reality and say $500k is a ridiculous prediction
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October 30, 2017, 09:25:08 AM
 #52

yeah that's exactly what i said


Rise to $500K in three years ? Impossible !

500K per bitcoin would give a total market cap of 16.65*10^6 * 500 000 = 8 325 000 000 000 $....


This is just random speculation from newbies, Bitcoin will never worth over $100k in 3 years later, It may be worth double digit in the future but that will never touch hundreds. To possibility about bitcoin wroth over 100k in the future if the max supply already reached and the more bitcoin will be lost due to the various reason and that will be decreasing the total supply from the maximum supply.
And in every halving the price will be doubled.
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October 30, 2017, 10:59:54 AM
 #53

And by the way dont take Mcafee seriously anyhow

People who come up with such predictions should be discarded by default, and get marked as eccentric clowns. Nothing in the world justifies the market to climb up that much in such a short period of time, that's even enough for people with a basic form of common sense to understand. Funny thing is that these 'high level' people are hoping that their influence will stretch out far enough to make people buy Bitcoin like there is no tomorrow, but it obviously doesn't work. The same has been the case with KimDotCom and his M2 Bitcache project. It's a lot of talk, but no action to actually back up what he is so loud about. How difficult is it to remain moderate with everything you say and do? Bitcoin is a booming market, for sure, but some people just expect too much.

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October 30, 2017, 12:27:18 PM
 #54

In 2-3 month for sure it will cross 10000$

don't be naive, only because price changed so fast these months doesn't mean that it will continue like this. I'm sure that price will be 7500$ by the end of 2017 but 10k$ is just too much in my opinion, changes like this requires time and more people interested in bitcoins.

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October 30, 2017, 12:29:52 PM
 #55

So guys, what do you think about McAfee prediction - will Bitcoin jump to $500 000 till August 2020?

all can happen if bitcoin reaches 500k $
but that is a prediction and the prediction could be wrong, so we still have to collect bitcoin
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October 30, 2017, 12:40:07 PM
 #56

In 2-3 month for sure it will cross 10000$

don't be naive, only because price changed so fast these months doesn't mean that it will continue like this. I'm sure that price will be 7500$ by the end of 2017 but 10k$ is just too much in my opinion, changes like this requires time and more people interested in bitcoins.

Wait till this December to find the value to 7.5k USD or more than that. From the past three I noticed that bitcoin price started increasing in the time of Christmas and New year time.
If the supply and demand increase in the bitcoin surely you will be find the better value in the chart. This theory takes the bitcoin value with the steady growth.

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October 30, 2017, 12:42:33 PM
 #57

In 2-3 month for sure it will cross 10000$

don't be naive, only because price changed so fast these months doesn't mean that it will continue like this. I'm sure that price will be 7500$ by the end of 2017 but 10k$ is just too much in my opinion, changes like this requires time and more people interested in bitcoins.

Wait till this December to find the value to 7.5k USD or more than that. From the past three I noticed that bitcoin price started increasing in the time of Christmas and New year time.
If the supply and demand increase in the bitcoin surely you will be find the better value in the chart. This theory takes the bitcoin value with the steady growth.
If crypto does another winter rally this year there'll be a shortage of Champaigne on New Year's Eve. Cheesy
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October 30, 2017, 12:59:55 PM
 #58

Rise to $500K in three years ? Impossible !

500K per bitcoin would give a total market cap of 16.65*10^6 * 500 000 = 8 325 000 000 000 $....


I dont think it will happen for a short period of time. $500k in thre years is a short period of time, it will takes long before it will achieve. Though there are many speculation yet we have to check the market everytime.

Precisely, basically we did have the opportunity to speculate against bitcoin. Because it is sometimes of speculation we have the drive or a very high spirit to be able to get it, but before speculating will be much more to think about or look at all the things that exist in the bitcoin. Because if we are too redundant in most bad speculated to be accepted is disappointed.as it is said that it will increase bitcoin is very high, it may just happen but won't until it is above 500%. because it's still very early in the bitcoin growth.
 

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October 30, 2017, 01:05:02 PM
 #59


I do not have a single bitcoin in my account, so for me it does not matter)

Then what are you doing in Bitcoin forum ? Or did you spend it all

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October 30, 2017, 01:06:22 PM
 #60


I do not have a single bitcoin in my account, so for me it does not matter)

Then what are you doing in Bitcoin forum ? Or did you spend it all
I don't own Bitcoins either and have everything in alts.
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