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Author Topic: Bitcoin will someday be worth as much as 40 times its current  (Read 520 times)
nhieutam2008 (OP)
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February 08, 2018, 02:41:20 PM
 #1

Winklevoss twins: Bitcoin will someday be worth as much as 40 times its current
They believe that bitcoin is more valuable than gold. Hopefully more people will see the value of Bitcoin brings. This is also good news to help the virtual currency market recover quickly, overcome the storm cryptocurrency .
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February 08, 2018, 02:50:07 PM
 #2

Winklevoss twins: Bitcoin will someday be worth as much as 40 times its current
They believe that bitcoin is more valuable than gold. Hopefully more people will see the value of Bitcoin brings. This is also good news to help the virtual currency market recover quickly, overcome the storm cryptocurrency .
yes very agree with the statement, because I believe in the future will be more people who want bitcoin and it can make bitcoin more valuable from now.
and I really hope that bitcoin will be legend all over the country so that the function of bitcoin is not just an asset but can be really used in accelerating the process of buying and selling transactions.
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February 08, 2018, 03:08:39 PM
 #3

Winklevoss twins: Bitcoin will someday be worth as much as 40 times its current

Even more is possible, if finally we have a good adoption and some improvements comes and run smoothly then 40 times it seems little

Anyway Winklevoss twins should not care about it since they are already millionaire, seems like they are a little bit greedy Tongue

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February 08, 2018, 03:10:26 PM
 #4

I hope up fast...
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February 08, 2018, 03:16:23 PM
 #5

Winklevoss twins: Bitcoin will someday be worth as much as 40 times its current
They believe that bitcoin is more valuable than gold. Hopefully more people will see the value of Bitcoin brings. This is also good news to help the virtual currency market recover quickly, overcome the storm cryptocurrency .

I also believe to this because bitcoin was not too famous and only millenials and investors knows about this but when all people know about this and want to have bitcoins? So in that case the coin must have a more demand that can cause of pumping coin.  Also holders must hold their coin and also it can cause by the little supply and it can also pump again to bitcoin.
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February 09, 2018, 05:33:59 PM
 #6

I hope up fast...

I have got also many plans connected with Bitcoins and the possible profits I can get from holding it, but I do not think that this year its price will be extremely high.
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February 09, 2018, 05:48:59 PM
 #7

Virginia Senator Mark Warner also predicted that the total cryptocurrencies market cap will reache 20 trillion dollar.

It means that the market cap should be rise 50 times. If it happens bitcoin price will rise 50 times too.
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February 09, 2018, 06:41:33 PM
 #8

Winklevoss twins: Bitcoin will someday be worth as much as 40 times its current

Even more is possible, if finally we have a good adoption and some improvements comes and run smoothly then 40 times it seems little

Anyway Winklevoss twins should not care about it since they are already millionaire, seems like they are a little bit greedy Tongue

It's a strange situation whereby the absolute increase plays on peoples minds. Going from say $1 to $40 doesn't seem nearly as much of an increase as going from $8k to $320k.

I do sure hope it happens though and the Winklevoss twins can be even more rich, oh well  Smiley

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February 09, 2018, 06:54:22 PM
 #9

Virginia Senator Mark Warner also predicted that the total cryptocurrencies market cap will reache 20 trillion dollar.

It means that the market cap should be rise 50 times. If it happens bitcoin price will rise 50 times too.

I’ll raise a glass to that brother.


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February 09, 2018, 10:57:00 PM
 #10

I completely share their optimism. I have said it today before, and that is me being confident that Bitcoin can become a $10 trillion dollar asset, which is an increase of around 70 times from current levels.

I personally prefer to remain a bit more conservative and realistic in terms of the time frame this will be happening, because this market will experience its ups and downs, but in the very long term, we'll succeed in that aspect.

For that reason I don't understand why people still see the recent correction as something negative. While people here are panicking, smart investors keep accumulating with a big smile, knowing they'll be rewarded big time later.

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February 09, 2018, 11:17:31 PM
Last edit: February 09, 2018, 11:55:14 PM by fabiorem
 #11

In 2013 they said it was to be worth $50k in "some years". I didnt have any btc at that time, and the use cases were so few you could doubt it would reach such value. Now, here we are, and we want the value to be what the Winklevoss brothers predicted.

We can reach 50k right at this year. We only need a assortment of good news, news that can skyrocket the price, and make the marketcap go to 2 trillion. News like Giancarlo convincing the central banks to have reserves of bitcoin, something like that.

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February 09, 2018, 11:38:25 PM
 #12

Virginia Senator Mark Warner also predicted that the total cryptocurrencies market cap will reache 20 trillion dollar.

It means that the market cap should be rise 50 times. If it happens bitcoin price will rise 50 times too.

I think the total market cap of cryptocurrencies will be huge.

But am not sure bitcoin will rise by 50 times. It is losing merchant adoption, other coins are catching up to it. I think the flippening with Ethereum will happen. I think litecoin, BCH and monero will be used as currencies. Am not sure where bitcoin is going - it might get to $30k, but beyond that....

 
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February 09, 2018, 11:38:45 PM
 #13

Winklevoss twins: Bitcoin will someday be worth as much as 40 times its current
They believe that bitcoin is more valuable than gold. Hopefully more people will see the value of Bitcoin brings. This is also good news to help the virtual currency market recover quickly, overcome the storm cryptocurrency .
Like always the problem is is not the what but the when, we all know bitcoin is going to be very valuable but if that happens in 300 hundred years then no one here is going to benefit greatly from that, we need bitcoin to reach huge values in a time frame in which we can enjoy the benefits of holding long term and I doubt bitcoin is going to up 40x in the next decade.

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February 09, 2018, 11:52:01 PM
 #14

I'd settle for $100K....I'm getting older & don't want to have to wait too much longer to enjoy it Sad
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February 10, 2018, 12:38:12 AM
 #15

Winklevoss twins: Bitcoin will someday be worth as much as 40 times its current
They believe that bitcoin is more valuable than gold. Hopefully more people will see the value of Bitcoin brings. This is also good news to help the virtual currency market recover quickly, overcome the storm cryptocurrency .
all that can happen, and maybe that's what we all hope for, because bitcoin is the currency of the future that has a lot of ease in every way. not just in the form of investment.
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February 10, 2018, 03:30:00 AM
 #16

I'd settle for $100K....I'm getting older & don't want to have to wait too much longer to enjoy it Sad


Yea I'd be perfectly happy with $100k. Though I certainly think 40x from here is a possibility, not sure how likely. But $100k would set me up for life so i'd take that Cheesy
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February 10, 2018, 07:24:16 AM
 #17

Winklevoss twins: Bitcoin will someday be worth as much as 40 times its current
They believe that bitcoin is more valuable than gold. Hopefully more people will see the value of Bitcoin brings. This is also good news to help the virtual currency market recover quickly, overcome the storm cryptocurrency .

What they believe is up to them. I doubt that it'll have that much of a impact on bitcoin price. There are just too many "experts" out there saying a whole range of different and sometimes contradicting info to the public.

I agree with them though. I do think that one day in the future, bitcoin's market capitalization will probably exceed that of gold's. A few years ago if you said that bitcoin would ever be worth the same as one ounce of gold, you were delusional.

When will this happen would be completely unknown. It could take a decade or two before a pump this big happens again.

Smiley
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February 10, 2018, 11:38:34 AM
 #18

Virginia Senator Mark Warner also predicted that the total cryptocurrencies market cap will reache 20 trillion dollar.

It means that the market cap should be rise 50 times. If it happens bitcoin price will rise 50 times too.

the market cap thing doesn't need a prediction really. it will happen sooner than you think and i will explain why but first i have to say it has nothing to do with bitcoin price. bitcoin is on its own path and it will continue to grow regardless of all the shenanigans in the altcoin market.

the way the total market cap is going to rise to a ridiculous (unreal) number is that they keep creating these shitcoins each with a low price but a huge supply. on top of it they keep on forking bitcoin and recently litecoin too and with each fork they simply add about 16.8 million coins in circulation which adds 16.8 million multiplied by whatever price they have which is from 1 cent to 1000 dollar to the total market cap.
that is how you see bitcoin market dominance (they mistakenly call it that) go down despite bitcoin price contentiously rising over the last year.

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February 12, 2018, 12:13:48 PM
 #19

I'd settle for $100K....I'm getting older & don't want to have to wait too much longer to enjoy it Sad


Yea I'd be perfectly happy with $100k. Though I certainly think 40x from here is a possibility, not sure how likely. But $100k would set me up for life so i'd take that Cheesy

Well, it seems we all have high hopes and a big chunk of our future plans rests with btc reaching that level in value. 40x is asking too much and would probably be closer to fiction. But who knows. I'll try to keep btcs for my grandchildren :p

 
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February 12, 2018, 01:31:24 PM
 #20

Winklevoss twins: Bitcoin will someday be worth as much as 40 times its current
They believe that bitcoin is more valuable than gold. Hopefully more people will see the value of Bitcoin brings. This is also good news to help the virtual currency market recover quickly, overcome the storm cryptocurrency .
all that can happen, and maybe that's what we all hope for, because bitcoin is the currency of the future that has a lot of ease in every way. not just in the form of investment.
I think that's too much, I want to witness first at $50k before speculating that much higher price at 40 times. It might lost the purpose of why bitcoin was created if that happens but who knows, bitcoin is unpredictable and can bounce back and pumps to that price.

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February 12, 2018, 01:46:47 PM
 #21

I would take their predictions with a grain of salt, they're saying this hoping to generate a self fullfiling prophecy since they're heavily invested in bitcoin themselves. Just like McAfee they're saying what they hope it happens, and what they want indecisive people to hear to create further demand which benefits them personally.
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February 12, 2018, 02:12:52 PM
 #22

Winklevoss twins: Bitcoin will someday be worth as much as 40 times its current
They believe that bitcoin is more valuable than gold. Hopefully more people will see the value of Bitcoin brings. This is also good news to help the virtual currency market recover quickly, overcome the storm cryptocurrency .
I also believe this is going to happen and we actually need to keep faith with the market in other to be part of it developments. I believe we are still at the early stages of bitcoin development and that is why every negative or positive comments do move it to the level were people are referring to it as dump or pump whenever it has significant price movement.
Winklevoss twins: Bitcoin will someday be worth as much as 40 times its current

Even more is possible, if finally we have a good adoption and some improvements comes and run smoothly then 40 times it seems little

Anyway Winklevoss twins should not care about it since they are already millionaire, seems like they are a little bit greedy Tongue
I believe bitcoin is going to move above 100 time of were it is today if the general public adopt it and our institutions began to use it as a mode of financial transactions. No matter the attack from governments and banks bitcoin is going to go up and maybe by then governments will realize it mistake and correct it. Bitcoin has been having some limitations but as far as it coming out of it is a sign that the future is bright.
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February 12, 2018, 09:04:28 PM
 #23

I would take their predictions with a grain of salt, they're saying this hoping to generate a self fullfiling prophecy since they're heavily invested in bitcoin themselves. Just like McAfee they're saying what they hope it happens, and what they want indecisive people to hear to create further demand which benefits them personally.
but what's the point of raising the price of Bitcoin to this level? We have already made sure that the higher the price for Bitcoin, The greater the transaction cost of Bitcoin, and the people who carry this financial transaction can last several days.
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February 12, 2018, 11:36:39 PM
 #24

Winklevoss twins: Bitcoin will someday be worth as much as 40 times its current
They believe that bitcoin is more valuable than gold. Hopefully more people will see the value of Bitcoin brings. This is also good news to help the virtual currency market recover quickly, overcome the storm cryptocurrency .
I have no idea why do these people compare bitcoin to gold. It's like to compare PC game cossacks to real imperia of rome. Do you really understand or analyze what you compare to what?
Since subject is more important here, I would say that anything needs a logical reason. I can say that bitcoin will fall to 1$. Let's open threads about my word ok? That's not correct. I will say: Bitcoin will never be x40 of current price. Why? Because it's block size + not so much customer. The more demand (number of bitcoins is limited) - the higher the price - it's rule of economics.

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February 13, 2018, 02:24:19 AM
 #25

As much as people spreading FUD around, good to know that there are also people who are spreading anti-FUD about bitcoin and its future. Yes, a 40-time folds of its market value today is possible because a 40-time folds already happened if we consider its market value since it was launched.

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February 13, 2018, 03:14:01 AM
 #26

This is also good news to help the virtual currency market recover quickly, overcome the storm cryptocurrency .
This is not even a news, it's just a speculation but this is a very positive one coming from the Winklevoss twins. They are one of the early investors of bitcoin and can be considered the bitcoin billionaires. AFAIK, they are holding almost 120k BTC that can be good for the rest of their lives. And with their words that it can be worth 40 times than today's current value, they are not trying to be greedy as they can settle and leave the market but they are saying the truth about the potential of bitcoin - blockchain.



 

 

 

 

 

 


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February 21, 2018, 05:16:56 PM
 #27

I completely share their optimism. I have said it today before, and that is me being confident that Bitcoin can become a $10 trillion dollar asset, which is an increase of around 70 times from current levels.

I personally prefer to remain a bit more conservative and realistic in terms of the time frame this will be happening, because this market will experience its ups and downs, but in the very long term, we'll succeed in that aspect.

For that reason I don't understand why people still see the recent correction as something negative. While people here are panicking, smart investors keep accumulating with a big smile, knowing they'll be rewarded big time later.
It may seem normal to us but most persons simply do not have the ability to think long term, they take decisions based only on what feels right at the moment, no amount of explaining will allow us to convince them, that is just the way they think and no reasoning will help with it, this is why they get debt impossible to pay or buy stuff they do not need with credit, they only see the now and the want they are satisfying but they fail to see how those debts are going to be impossible to pay.

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February 22, 2018, 10:49:40 AM
 #28

I hope up fast...

I have got also many plans connected with Bitcoins and the possible profits I can get from holding it, but I do not think that this year its price will be extremely high.
It may be and it may not be, but the only thing we have to make that judgment is time. No one can say the level at which bitcoin can attain, the market may choose to consolidate for a whole year, no one knows.

But the fact is that we still have some pretty huge chance for growth ahead of us and we really cannot say how long we are going to stay consolidating before we start breaking resistance and testing new heights but I am sure, bitcoin is really going to be worth more than this in the long run.
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February 22, 2018, 10:50:28 AM
 #29

Winklevoss twins: Bitcoin will someday be worth as much as 40 times its current
They believe that bitcoin is more valuable than gold. Hopefully more people will see the value of Bitcoin brings. This is also good news to help the virtual currency market recover quickly, overcome the storm cryptocurrency .
They have been backing bitcoin and I am not surprised they are really bullish on the digital currency. The big guys are seeing what the paupers are not seeing and at the end, some will keep asking why the rich dudes keep getting richer and the poor or some mid class are just struggling to survive. It is just in their ability to see what some other set of people who only make noise and generate FUD could not see.
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February 22, 2018, 10:55:48 AM
 #30

A lot of people have seen that, that is why people are so excited to invest in bitcoin, and bitcoin now has become more valuable than gold, bitcoin will keep on growing and surpassed other investment
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February 22, 2018, 03:11:48 PM
 #31

Winklevoss twins: Bitcoin will someday be worth as much as 40 times its current

Even more is possible, if finally we have a good adoption and some improvements comes and run smoothly then 40 times it seems little

Anyway Winklevoss twins should not care about it since they are already millionaire, seems like they are a little bit greedy Tongue
Big money required to push this speculation soon , just take a look how korean exchange impact bitcoin price in the end of 2017 , it's clearly big money and the price skyrocketing so fast. Without that kind factor, the growth would remain slow. Let's hope for a positive news come in the near future massively .

I'm in 400,000 euros debt , dont help me , i rather die
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February 22, 2018, 03:30:30 PM
 #32

According to the bears in this forum, it will go to three digits and will stay there forever.

This bear season will be over sooner of later.
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February 22, 2018, 03:56:08 PM
 #33

Well that is very empty statement. I could say something like this for any coin and if the project is any good with the current progres of the crypto scene - yes, it will be 40x sometimes in the future but when is the question.
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February 22, 2018, 04:13:42 PM
 #34

According to the bears in this forum, it will go to three digits and will stay there forever.

This bear season will be over sooner of later.

I hope so, I’m not planning to buy any more bitcoin’s, I’m happy with my stash so would really like to just see the price recover to the mid teens at least. I feel uncomfortable seeing the price hover around $10,000.

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February 22, 2018, 04:50:53 PM
 #35

Bitcoin will always follow the law of supply and demand. By 2020, the mining rewards will be halved which means supply will lessen and its price could reach uncharted territories. The development and improvement to full potential will make people realize the infinite possibilities that bitcoin always have for us in the future.
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February 23, 2018, 05:52:41 AM
 #36

Winklevoss twins: Bitcoin will someday be worth as much as 40 times its current

Even more is possible, if finally we have a good adoption and some improvements comes and run smoothly then 40 times it seems little

Anyway Winklevoss twins should not care about it since they are already millionaire, seems like they are a little bit greedy Tongue
I am more bullish on bitcoin than even the twins. I am sure they are just trying to be modest so as not to start sounding like McAfee. However, I believe that a time will come when the value of bitcoin will be far more than it is right now and even more than the 40 times its current price. However, it takes a lot to get there, so I may just stick to the part where I will say, time will tell. I want it to be slow and steady for a while though, as I need to make more of it.
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February 23, 2018, 05:57:19 AM
 #37

I hope up fast...
Nah! Up fast usually result to down fast, let's have a good moment with the value presently so as to stash up more and also better we have a consistent growth and not just the usual FOMO market where everyone just wants to get greedy. I am sure if we are able to solve the scaling issue at hand completely and we are also able to hit the mainstream adoption level, we are not even going to be here saying x40.
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February 23, 2018, 07:30:45 AM
 #38

Winklevoss twins: Bitcoin will someday be worth as much as 40 times its current
They believe that bitcoin is more valuable than gold. Hopefully more people will see the value of Bitcoin brings. This is also good news to help the virtual currency market recover quickly, overcome the storm cryptocurrency .
when will be that SOMEDAY?40x than the price now?do you mean $400,000 after that Someday?nope will never be,you bullish on price speculations only want users to have that faith,while the real happenings is dumping.
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February 23, 2018, 07:35:37 AM
 #39

I believe that bitcoin is going to actually grow after all this issue is over. We need wide adoption before bitcoin will make a steady progress. We should not look at the current happening as if bitcoin has been trip and it could not make progress again. I believe bitcoin has a bright future and I encourage people to invest in it. We should not invest in bitcoin because we expect to make profits but because we have in mind to invest in the future of mind.
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February 23, 2018, 09:21:06 AM
 #40

Winklevoss twins: Bitcoin will someday be worth as much as 40 times its current
They believe that bitcoin is more valuable than gold. Hopefully more people will see the value of Bitcoin brings. This is also good news to help the virtual currency market recover quickly, overcome the storm cryptocurrency .
I agree with your said mate, it is possible that in the future the bitcoin currency will be much higher and much worthy. But about gold, we can not compare the value of bitcoin currency to gold because we know that each of their values ​​has different aspects. right?.
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February 24, 2018, 04:59:58 PM
 #41

Winklevoss twins: Bitcoin will someday be worth as much as 40 times its current
They believe that bitcoin is more valuable than gold. Hopefully more people will see the value of Bitcoin brings. This is also good news to help the virtual currency market recover quickly, overcome the storm cryptocurrency .
I agree with your said mate, it is possible that in the future the bitcoin currency will be much higher and much worthy. But about gold, we can not compare the value of bitcoin currency to gold because we know that each of their values ​​has different aspects. right?.
Yeah this is the universal truth that bitcoin will be in very high rates in coming years and those who have stared into bitcoin now they will be In great profiting mood and other will be in search of buy it at low,
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February 25, 2018, 06:44:06 AM
 #42

To compare today's bitcoin awareness and popularity very soon it will reach to fetch who are in bitcoin family I am sure it will reach around 50 times than todays guess in between with it's investers.

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February 25, 2018, 02:39:58 PM
 #43

yeah bitcoin will be  more than 40 percent from now the matter of this fact is to the acceptance of people across the globe and if people astart to accept bitcoin and use in their own regions from now that time will come soon to facilitate all of us.
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February 27, 2018, 03:43:02 AM
 #44

Winklevoss twins: Bitcoin will someday be worth as much as 40 times its current
They believe that bitcoin is more valuable than gold. Hopefully more people will see the value of Bitcoin brings. This is also good news to help the virtual currency market recover quickly, overcome the storm cryptocurrency .
I agree with your said mate, it is possible that in the future the bitcoin currency will be much higher and much worthy. But about gold, we can not compare the value of bitcoin currency to gold because we know that each of their values ​​has different aspects. right?.

You are absolutely right here — it is impossible to compare something very material (as gold, for instance) and virtual (here  we are talking about Bitcoin).
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February 28, 2018, 07:22:36 PM
 #45

It's quite possible that it will happen. Bitcoin is gaining more and more popularity and covers almost all countries in the world. I hope that bitcoin will be worth 40 times more in the next few years.

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March 01, 2018, 02:54:26 AM
 #46

It's quite possible that it will happen. Bitcoin is gaining more and more popularity and covers almost all countries in the world. I hope that bitcoin will be worth 40 times more in the next few years.
40x in just a few years? That will be 400k and that is very unlikely to happen, I cannot ruled it out completely but at the same time we need to be realistic, that kind of price increase is not happening unless bitcoin becomes adopted by a huge amount of the population around the world and while bitcoin is slowly becoming more popular that is still not close to happen.

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