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Author Topic: Bitcoin price multiplying 30-40 times in near future?  (Read 342 times)
virendarnagpal (OP)
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February 08, 2018, 11:04:03 AM
 #1

BITCOIN price could reach 30 to 40 times of its current value, according to co-founder of the Gemini Exchange Cameron Winklevoss.  Statement of the CEO if proves true; it will make investors millionaire.   Can it be true? so much increase?
tegarp90
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February 08, 2018, 11:10:14 AM
 #2

No one knows and no one can guarantee this, it can be multiple by 100 and also it can be drop till 5$. it's decentralized.
ehrz22
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February 08, 2018, 11:12:05 AM
 #3

No one knows and no one can guarantee this, it can be multiple by 100 and also it can be drop till 5$. it's decentralized.

I agree, we cannot tell what will happen in the future, Bitcoin price is very unstable now and most of the time the price keeps decreasing, it is because of the negative news that is coming out.

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February 08, 2018, 11:15:56 AM
 #4

Yes, it could be possible. I remembered reading an article earlier that if the 2% of the worlds wealth like gold and stocks penetrated in bitcoin, the value may get into 1 million dollars. But also, the threats and banning in other countries makes it decline in value. That's why we cannot say for sure that bitcoin will get higher or it might get lower.
topleskacah
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February 08, 2018, 11:17:00 AM
 #5

What's wrong with believing positive things like this, and if that's true. it will be very useful, especially for bitcoin users, worldwide.
we will be easier in making money. and I am more supportive of this
rather than having to make an opinion, if bitcoin will fall, bitcoin will return to zero and the other
Furtivecoin41
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February 08, 2018, 11:19:02 AM
 #6

What's wrong with believing positive things like this, and if that's true. it will be very useful, especially for bitcoin users, worldwide.
we will be easier in making money. and I am more supportive of this
rather than having to make an opinion, if bitcoin will fall, bitcoin will return to zero and the other


The problem with this is people are believing on something, once the price Dips they will come crying about their loses. Its better to teach them that in Crypto nothing is for sure.
Red-Apple
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February 08, 2018, 11:24:03 AM
 #7

BITCOIN price could reach 30 to 40 times of its current value, according to co-founder of the Gemini Exchange Cameron Winklevoss.  Statement of the CEO if proves true; it will make investors millionaire.   Can it be true? so much increase?

first of all since this statement does not have a time frame then it is true because bitcoin will rise up a lot more than just 30-40 times its current value in long term.

secondly it will not make investors millionaires because they have to initially invest a lot of money to get a lot of profit out, and also not everyone is wise enough to make rational decisions. there are a lot of panic sellers.

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penig
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February 08, 2018, 11:26:15 AM
 #8

30x current price?  to $300k in unqualified "near future".  Its nonsense, hype by a guy running an exchange that wants you to buy and sell.  If it reaches 30k it would be a great story, but expose the technical problems again as it did approaching 20k.

To take predictions seriously we need to have a fixed time frame and reasons it will achieve that sort of price.
yrreg ger
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February 08, 2018, 11:28:11 AM
Last edit: February 08, 2018, 11:42:00 PM by yrreg ger
 #9

BITCOIN price could reach 30 to 40 times of its current value, according to co-founder of the Gemini Exchange Cameron Winklevoss.  Statement of the CEO if proves true; it will make investors millionaire.   Can it be true? so much increase?

Either true or false the statement, fantasy of big profit in the future is possible in the bitcoin. It is good to hear the increasing of price but we need to focus today before the next day. This time is hard to make a decision if we buy or sell the hold bitcoin because the price now is totally crashing and some countries already ban the bitcoin. If this will continued the bitcoin surely fall.
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February 08, 2018, 11:28:41 AM
 #10

Cameron just wants to believe he will be in the world's top 10 billionaires.

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shulio
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February 08, 2018, 11:52:37 AM
 #11

Think about it, there is 8 billion people on Earth and only just 10 million people bought any crypto currency. When more and more people uses and buys crypto, of course the price will be 50 maybe 100 times more of todays price.
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February 08, 2018, 12:11:23 PM
 #12

No one knows and no one can guarantee this, it can be multiple by 100 and also it can be drop till 5$. it's decentralized.

Truth is that predictions are not guaranteed, but even so we do not have to be too pessimistic to say that the price can fall to $5, if price went to $5 then would be the biggest disappointment of 2018... if this ( 1BTC =5$ ) happened would be marked in the history of the biggest failures ever.

Think about it, there is 8 billion people on Earth and only just 10 million people bought any crypto currency. When more and more people uses and buys crypto, of course the price will be 50 maybe 100 times more of todays price.

I remember that a certain economist said the same thing and according to him, the price would increase a lot

if proves true; it will make investors millionaire.

there are a lot of people who trade over 50BTC, now imagine 50BTC x 40... these people could already retire. they just travel
to caraibas...
 

Can it be true? so much increase?

maybe it's possible

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Mohamme
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February 08, 2018, 12:19:18 PM
 #13

No one can vouch for this, perhaps the future of bitcoin's private key can be cracked.
But as the United States, Europe, Japan and South Korea are gradually accepting bitcoin, the price of bitcoin will continue to rise significantly.

jobe101
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February 08, 2018, 03:29:51 PM
 #14

I've read a lot of FUD news regarding bubbles, banning, hacking, bla bla bla. I expect that good news coming at the beggining of february will make recover the uptrend patern. Indeed, the moves of the past year raise the same old question: where does bitcoin's price go from here? If 2017 is any indication, all bets are truly up. most probably.
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February 08, 2018, 03:40:02 PM
 #15

always higher Angry
levvv
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February 08, 2018, 03:43:26 PM
 #16

30-40 times from current price ? everyone can make speculations, everyone can make predictions.
but for now, the crypto market is still not stable yet.
if the market is green for 1 week, then it is the sign of bitcoin raise.
kidoseagle0312
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February 08, 2018, 03:47:28 PM
 #17

Bitcoin is very unpredictable but has a strong power no to the people all over the world. bitcoin will be a rocket soon and 30-40 times is possible for bitcoin as it shows its power before. but the only risktaker can have the increase like that. hold your bitcoin longer to see the profit it can give you.
Tonygold1967
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February 08, 2018, 03:56:17 PM
 #18

BITCOIN price could reach 30 to 40 times of its current value, according to co-founder of the Gemini Exchange Cameron Winklevoss.  Statement of the CEO if proves true; it will make investors millionaire.   Can it be true? so much increase?

It is difficult to say for sure, but everything might happen, in the end of December the price was very high, so there is certain possibility.
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February 08, 2018, 03:56:58 PM
 #19

BITCOIN price could reach 30 to 40 times of its current value, according to co-founder of the Gemini Exchange Cameron Winklevoss.  Statement of the CEO if proves true; it will make investors millionaire.   Can it be true? so much increase?
Find out who has Bitcoins stored away, just listen to the ones saying they will be worth 80 thousand by the end of the year. Who wouldn't believe someone like Vinklewoss and his brother who have so much invested in Bitcoin?
tora
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February 08, 2018, 03:59:51 PM
 #20

Anyone can make any prediction about bitcoin,either up or down. The same applies to the stock market. Investors buy stocks because they believe company profits will increase and therefore share price. Investors buy bitcoin in believe they will increase. More investors will lead to increase while less investors will cause decrease.
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