How far can Bitcoin go?

[inturist]

 Cybersecurity pioneer John McAfee recently set a $1 million price target for Bitcoin by 2020 (revised upward from $500,000).
Others say the market value could match gold’s, which clocks in at $9.7 trillion—roughly $460,000 per coin. For many, this is reason enough to play the long game. Most of the earliest investors seem to be doing just that.

[syamster]

bitcoin prices are not influenced by anything let alone just market capitalization, as long as there are people who believe and bitcoin demand is increasing
of course the price will continue to rise, and can not be predicted what the maximum price range that will be achieved bitcoin later

Bitcoin can survive for ever because bitcoin demand is going high day by day and I’m sure in coming time a lot of countries they will join bitcoin and also some rich companies will also join bitcoin world realized the importance of bitcoin and some countries they have made bitcoin legal and now banks are also accepting bitcoin which is very good for bitcoin and I’m sue bitcoin will survive for ever and its price will also go high.

[NABILA AKTER SHILA]

Bitcoin price is not always affected by market cap. Bitcoin prices increase only when there are plenty of Bitcoin demand in the market. Bitcoin demand will be high in the market, its price increases. However, it can not be said exactly how far it will go. It can be assumed that people are attracted to Bitcoin, it can be said that it will continue for a long time.

[Dudeperfect]

To be honest, there are infinite opportunities for the growth in future. Even if Bitcoin is popular today, not even 10% of world's population is using Bitcoin at this point so if we are assuming that at least half of the world is using Bitcoin in the coming decades along with the traditional fiat currency then the user base will be more than 4 billion and that's a massive number.

[_noname_]

Bitcoin can get by for ever in light of the fact that bitcoin request is going high step by step and I'm certain in coming time a great deal of nations they will join bitcoin and furthermore some rich organizations will likewise join bitcoin world understood the significance of bitcoin and a few nations they have made bitcoin lawful and now banks are additionally tolerating bitcoin which is useful for bitcoin and I'm sue bitcoin will get by for ever and its cost will likewise go high.

[ahrispool]

It's really hard to guess the point where bitcoin's price could soar upto, but one thing sure is the impact the blockchain method btc brought would be huge.

[saruxanyan]

I have the impression that bitcoin is unlimited and it can be disintegrated in the distant future as a million dollars.

[iqlimasyadiqa]

How far can Bitcoin go guys? If the the Market Cap currently is $219 000 000 000, can Bitcoin ever be worth $200 000 000 000 with this market cap?

I am just curious, is the Bitcoin (or any coin) price caped by the Market Cap? Or the finite number of fiat money in the world?
Can a coin be worth more than it's market cap or can the value of a coin be equal with it's market cap if it's intensively traded/used?

Massively, the price of a coin can have fantastic and unexpected value. It all depends on how popular the coin is, if the more popular the more people need it and it will make the demand increase. Usually it will affect the value of coin in the market. Yes it will also be a reference to see the price movement of the coin.

[Russlenat]

Bitcoin will continue to excess as long as their is an internet, technology and people to support bitcoin, and bitcoin is the future of currency and will replace fiat in the future.

[worle1bm]

How far can Bitcoin go guys? If the the Market Cap currently is $219 000 000 000, can Bitcoin ever be worth $200 000 000 000 with this market cap?

I am just curious, is the Bitcoin (or any coin) price caped by the Market Cap? Or the finite number of fiat money in the world?
Can a coin be worth more than it's market cap or can the value of a coin be equal with it's market cap if it's intensively traded/used?

The price of bitcoin is influenced by the demand in market by investors and it only happen if it becomes popular and profitable for all.Btc prices do not directly influence the market cap but huge investments in that gives boost to market.We can't in particularly say what would be it in future but it will still be profitable in long run.

[MetalGear]

Well if you ask the experts it will be sky is the limit,because a lot of people are investing to BTC everyday.

Yes, lots people now are joined in investing in bitcoin. The world now is known bitcoin because of the popularity and advantages given by bitcoin. Yes, sky is the limit like his value. As of now there are of people who investing in bitcoin and I think it will have positive effect in bitcoin community and industry.

[reliable]

The Bitcoin can rise upto anywhere from here because demand of it regularly increased and its supply is limited and there no chance to increase in supply. We all also well known that it is highly volatile and can go in any direction upwards or downwards, but more chances to it make new high in near future.

Demand will start rising now after the first quarter. Things will change and more regulations once in place will involve more people to enter this market and we will have the golden days back in our life when the prices start to zoom past 10k+

[OfficialAmulet]

Scanning through this thread, there are clearly diverging opinions. One anonymous stranger says bitcoin will crater, another says it will moon. If I'm receptive to any other individual's advice on this matter, how do I reconcile such dramatically different forecasts? What tools do I need to do that successfully?

[Febriana98]

How far can Bitcoin go guys? If the the Market Cap currently is $219 000 000 000, can Bitcoin ever be worth $200 000 000 000 with this market cap?

I am just curious, is the Bitcoin (or any coin) price caped by the Market Cap? Or the finite number of fiat money in the world?
Can a coin be worth more than it's market cap or can the value of a coin be equal with it's market cap if it's intensively traded/used?

Bitcoin will not be able to go far, when the price of Bitcoin has touched $ 20,000, governments in every country especially American panicked,
so I'm sure the price of Bitcoin will not exceed $ 20,000.

[dexterbit]

Bitcoin is the king of the cryptocurrencies. It is very expensive, but there is reason to believe it will continue to gain value. Many other coins are on the rise in its wake. Don’t listen to the people who say the bubble has popped. There are strong arguments that this is only the beginning.

[BrentMack]

For me I believe the price of bitcoin has barely scrapped the surface of the possibilities, bitcoin prices will go even higher than it already have and I expect the next bull market to reach twice the previous ATH.

[jademacoy]

I think not. This will not happen even rich people will not invest in that kind of money for just a digital currency. Gold could be possibly goes that high market since it is tangible and you could see, touch the object and that is the proof of the object certainty that will make sure of your investment is there. But talking about digital currency well this will not possible to happen. Maybe higher price of bitcoin will do but not that figure you describe about bitcoin. That is too expensive it will never happen. Anyway that is your opinion then all our opinions are correct. Yet, you better read also with the comments on your thread because you might change your opinion.

[DragonCoinZ]

I dont know how long you are in to cryptocurrencies and bitcoin. But just when you look at the last year, you see how far that bitcoin can go. I mean on the beginning of 2017 it was worth thousand dollars. No one ever could imagine that it will hit end of the year the twenty thousand dollar border. So if you ask me, dont underestimate bitcoin. Its a cryptocurrenciy, something totally new, who never was there before, and no one know how far it can go. So we will see it in the future!

[noormcs5]

How far can Bitcoin go guys? If the the Market Cap currently is $219 000 000 000, can Bitcoin ever be worth $200 000 000 000 with this market cap?

I am just curious, is the Bitcoin (or any coin) price caped by the Market Cap? Or the finite number of fiat money in the world?
Can a coin be worth more than it's market cap or can the value of a coin be equal with it's market cap if it's intensively traded/used?

Firstly, I am not sure that bitcoin will go far in a long way, also i am too curious about bitcoin price becasue in 2017 bitcoin break the record of highest in crypto currencies and in 2028 bitcoin is contentiously losing its price value. So if we see it in this point views that it is influenced by demand and supply and it effects on bitcoin price, so we will be right. But it is also true, bitcoin can't give us big number of price, becasue when bitcoin go far then different issues like government try to ban the bitcoin and some incident happen with bitcoin and suddenly we see bitcoin price going to down. So it is hard for bitcoin to give us big number more than $20000.

[BelieveInBTC]

It is really difficult to tell what will happen to Bitcoin in the future. We don't know how much Bitcoin will be worth in the future. It all depends on the level of adoption and usability. That's why we should be worried about more technical stuff rather than staring on the price and the news which started to take interest in Bitcoin. It is also good but they usually spread false information. People easily believe media because they have little knowledge about cryptocurrencies.