How far can bitcoin really go

[sqcrypto]

I’ve been in these forums for a few days now. I’ve been reading everyone’s great posts and looking at the massive boost that bitcoin has had over the last 6 months. But how far can it really go? Could this be the landmark that takes down the “banks” and really puts us in control of our own (hard earned) cash?

[steadyrice]

It will probably never "take down" the banks. But it still has room to grow, and I think we are going to see the price increase considerably over the next months. But 2018 will probably not be a year like 2017 when the price was going up all the time.

[balefires03]

Bitcoin will becoming high and more higher until 2030. thats what people said.

[bitfocus]

Bitcoin would go the farther way people can even imagine now. Just imagine a world of crypto economy and no banks

[WhichIsGood]

I’ve been in these forums for a few days now. I’ve been reading everyone’s great posts and looking at the massive boost that bitcoin has had over the last 6 months. But how far can it really go? Could this be the landmark that takes down the “banks” and really puts us in control of our own (hard earned) cash?

Bitcoin would go the farther way people can even imagine now. Just imagine a world of crypto economy and no banks

Yes, I believe in the possibility that bitcoin still has room to grow in the future. But the thought of it replacing Banks just doesn't sit well with me. Perhaps Bitcoin will be another alternative other than banks. Both have pros and cons to consider but banks have been present for a long time and are well received by most people.

[Slow death]

But 2018 will probably not be a year like 2017 when the price was going up all the time.

Do not say that because someone has made a certain promise, if bitcoin does not reach the  $500,000 in 3 years, it will do something xxx, you can say that it is crazy, but a lot of people made predictions that next year the price bitcoin will reach $40,000.

Bitcoin would go the farther way people can even imagine now. Just imagine a world of crypto economy and no banks

unfortunately banks will always exist... the government can regulate bitcoin, but will not let the banks disappear


we will see on December 18 as will be the prices of bitcoin and the following weeks.

[Halcyon Days]

This is a good question.
I also do not think that BTC will take down banks, but that this is a great alternative. Furthermore, it will change the banking factor and the blockchain technology is here to stay. Many companies will adopt this system and start their own blockchains.
If it is only about the price, there are many predications. One of the most famous ones is this one by John McAfee:
https://www.rt.com/news/411379-john-mcafee-bitcoin-prediction/

[vanedwap]

we really don't know how far it goes many people until now still buying bitcoin even though its very risky, but i think it will hit 1m until the end of the year

[vainhaver]

I’ve been in these forums for a few days now. I’ve been reading everyone’s great posts and looking at the massive boost that bitcoin has had over the last 6 months. But how far can it really go? Could this be the landmark that takes down the “banks” and really puts us in control of our own (hard earned) cash?

bitcoin can’t take banks down bticoin is good payment system like bank.

yes bitcoin have massive boost last 6 months and big boost last year

[Bonakid]

Bitcoin really go far as of now its been popular  many people would go in bitcoin and I think it has a future that it became increasing as time goes by.It will become higher for the coming years.

[Sendibere]

I’ve been in these forums for a few days now. I’ve been reading everyone’s great posts and looking at the massive boost that bitcoin has had over the last 6 months. But how far can it really go? Could this be the landmark that takes down the “banks” and really puts us in control of our own (hard earned) cash?

Trees don’t grow to the skies–so goes the old investor saying. The idea is that there is always a top to any boom or bubble and while "to the moon" is a great motto, it is not a likely outcome. Firstly this is a game of round numbers. Round numbers shouldn’t have any effect on prices but in practice they do.

[AK47-]

Bitcoin is a speculative asset highly being run on demand and lacks actual utility. Nobody can certainly predict the future price. Many did try this year and failed terribly. No one can keep all the indicators in the mind before predicting price and the major reason behind is that nobody actually knows the real number of bitcoin hodlers. I believe price will stay bullish in 2018 because during the end of this year, many new investors entered. I believe bitcoin will go 5x-10x next year as well. But how far will it go is impossible to predict.

[Winner]

Bitcoin will becoming high and more higher until 2030. thats what people said.

It's a well known fact that if Bitcoin is around many years from now the price will be very expensive per coin.

[bitvalak]

this will continue to creep up the price, because enthusiasts in bitcoin greatly increased dramatically at the end of this year. At the beginning of next year may be even more crazy for the price achieved bitcoin itself.

[dillpicklechips]

Bitcoin is a speculative asset highly being run on demand and lacks actual utility. Nobody can certainly predict the future price. Many did try this year and failed terribly. No one can keep all the indicators in the mind before predicting price and the major reason behind is that nobody actually knows the real number of bitcoin hodlers. I believe price will stay bullish in 2018 because during the end of this year, many new investors entered. I believe bitcoin will go 5x-10x next year as well. But how far will it go is impossible to predict.

Not "impossible." Bitcoin's price "can" be predicted so basically it's possible. But also, there is a point where the price moves unpredictably and not the regular movement we see in the past. The predicted price of Bitcoin this year is only x2 base on the past years but someone might have pumped it or the demand simply surged up and hence the price.

[Domenc]

According to me, bitcoin has just entered the limelight everyone is gazing at its price. What we saw in the last couple of days was just a teaser of a great show coming next year. Bitcoin is now finally a global phenomena and everyone is trying to get best out of it. New companies are trying to integrate into their payment system, government of various countries are either trying to stop the train or push it more harder in any case; Bitcoin is just going ahead and how far it can go, no one can tell. But we always expect that it touches the moon.

[kasansa]

The run of bitcoin just started in the beginning it self, it has created expectations around the world as well as by the people of all countries, according to the situation bitcoin it have welcomed overwhelmingly, so finally bitcoin will continue it's journey with not be less then 2050.