Za1n
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March 21, 2018, 01:00:30 AM |
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Number of Billionaires in 2018: 2,208 Source: https://en.wikipedia.org/wiki/The_World%27s_BillionairesNumber of Millionaires in 2018: 15 million Source: https://en.wikipedia.org/wiki/Millionaire Number of Bitcoins available in 2018: ~17 million mined so far (note some of these are lost or locked up, so realistic supply is even less). As you can see, if every Millionaire or Billionaire wanted just one bitcoin, we are already getting very tight on supply. This does not even take into account the millions of more people who may not be quite millionaires, but still have substantial amount of money in the hundreds of thousands and also might want a whole bitcoin. It also does not account for the people who want to hold more than 1 Bitcoin. As you can see, the growth potential is still very untapped.
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Sadlife
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March 21, 2018, 04:47:31 AM |
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Bitcoin is still a developing and growing currency that is backed up with the millions of investor around the globe and yet it is still unknown to many populations of various countries and especially in the third world. Once those countries progress and people will have knowledge about it. It may be possible to reach atleast $90000 in the near future.
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amih
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March 21, 2018, 05:18:29 AM |
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The value affects the price, and I'm going to analyze the value of the decade.
To understand the value of bitcoin, we start with the basic value of money, which is also money.
Money is the most common and effective mutual trust system ever. In any form of currency, its value is essentially: "does anyone believe" why the dollar is the most valuable? Because the world believes in it.
The popularity of bitcoin has grown rapidly in recent years with the development of the Internet. I predict that the price of bitcoins in 10 years should be more than half a million dollars.
what you say is a fundamental speculation when looking at the dollar currency that has become the world currency and is based on the trust of each country against the value of the dollar. and maybe this can happen to bitcoin in the next 10 years will be many people from different countries who will trust bitcoin as a virtual currency that will be widely used and I think it is not impossible if in 10 years bitcoin value will reach more than half a million dollars.
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Catokreloh
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March 21, 2018, 09:06:52 AM |
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Very far your prediction about bitcoin, I have not thought about it,But bitcoin is not just we predict it. Bitcoin is very fluid every timeNow that we need to think of the easier way we can find it
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redsun114
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March 21, 2018, 11:33:12 AM |
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The value affects the price, and I'm going to analyze the value of the decade.
To understand the value of bitcoin, we start with the basic value of money, which is also money.
Money is the most common and effective mutual trust system ever. In any form of currency, its value is essentially: "does anyone believe" why the dollar is the most valuable? Because the world believes in it.
The popularity of bitcoin has grown rapidly in recent years with the development of the Internet. I predict that the price of bitcoins in 10 years should be more than half a million dollars.
And I predict that you're wrong. Yep you're very wrong. Such things can't be predicted like that. Not even gold is going at such rate (though a little close). Bitcoin hasn't even stayed how long Gold has been ever since it was discovered as source of value. Bitcoin is highly volatile, being sold at such rate means causing an end to Bitcoin, cause nobody would ever buy such rate. Lots of people will quit, and those who managed to save their Bitcoin till then will withdraw their profit so far and never look back.
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uybghf
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March 21, 2018, 02:22:28 PM |
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Interesting conversation, crypto is here for a long time now, but its just got into mainstream. It can have a really positive effect, or a really bad effect as we see it since december. When a lots of people come into crypto, and know really little about it, and they think all cryptocoins goes up forever, then they panic sell when it goes down a bit, its really f*ck up the real value of Bitcoin and altcoins as well. We suffering from that effect since january or so.
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Findingnemo
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March 21, 2018, 02:56:19 PM |
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Bitcoin is still a developing and growing currency that is backed up with the millions of investor around the globe and yet it is still unknown to many populations of various countries and especially in the third world. Once those countries progress and people will have knowledge about it. It may be possible to reach atleast $90000 in the near future.
I think the bitcoin price will go up and up every year so it’s value will gone to peak so the today’s holders will be get a huge profit at ten years so if you had some money you will get a good profits.
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Nhor1011
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March 21, 2018, 03:18:51 PM |
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The value affects the price, and I'm going to analyze the value of the decade.
To understand the value of bitcoin, we start with the basic value of money, which is also money.
Money is the most common and effective mutual trust system ever. In any form of currency, its value is essentially: "does anyone believe" why the dollar is the most valuable? Because the world believes in it.
The popularity of bitcoin has grown rapidly in recent years with the development of the Internet. I predict that the price of bitcoins in 10 years should be more than half a million dollars.
If how does people trust,believed and accept local money and dollar it is the same with bitcoin. The community/people acceptance to bitcoin makes it the most popular and valuable currency in crypto world. And as time goes by bitcoin become more and more popular,there are still a lot of people continue to trust ,believe and support it. I think after 10 years bitcoin will be double or tipple it's highest price last year,but of course we can't really predict the future,all we have now is speculation and expectation to bitcoin.
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jackhdt
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March 21, 2018, 03:57:02 PM |
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seems like 10 years is too long time landmark to predictions about the future of bitcoin. bitcoin is digital money and it is not yet recognized as currency. value of paper currencies are measured by the economy of each country. Bitcoin is an anonymous currency, its value is measured only by faith. can not say anything. We still have to wait and see how the world will modernize to the extent
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EtherATM
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March 22, 2018, 05:28:15 AM |
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Bitcoin is still a developing and growing currency that is backed up with the millions of investor around the globe and yet it is still unknown to many populations of various countries and especially in the third world. Once those countries progress and people will have knowledge about it. It may be possible to reach atleast $90000 in the near future.
Nobody can predict accurately the future of crypto, so I think maybe his prediction for crypto or bitcoin in next ten years can occur in somehow. We all know that crypto is created by computer technology. To speak frankly that the this technology still keep growing, therefore the demand for using bitcoin is getting more and more popular, it’s not wrong for predicting it as a bright future. But you know that there has some countries ban using bitcoin, in addition they also try to delete the crypto market. Although we can say anything for sure, but I always think that in some next years, it can reach to high value.
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carodupuis
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March 22, 2018, 08:50:22 AM |
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If all the countries in the world support BTC!
BTC will be accepted and used by a lot of people, which also makes BTC price go up a lot!
The price of BTC will exceed one million dollars!
Things will be very much different after this much period and that there are likely chances of bitcoin growth at a large scale by that time. the way bitcoin is performing in the international market and the way people are getting to know about bitcoin and are showing their interest in investing of their money into bitcoin is an indication that it will have much higher market value by that time.
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Baoo
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March 22, 2018, 09:40:42 AM |
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Well, It is very difficult to know what will happen in the future and despite that the era of Bitcoin has evolved significantly over time. Moreover, it has become very popular around the world, also it has many advantages compared to other currencies (FIAT), like, significant decrease in value of fees, and the facilities of financial transaction...
On the other hand, I think if the governments continue to refuse and not-recognize Bitcoin as a legal currency, then there will be some problems, because they will try to destroy it with many attempts and ways ( Like what happens in this period), but it is sure that bitcoin will overcome all difficulties. Furthermore, if the countries will recognize bitcoin and other currencies , then Bitcoin Will evolve to more than half a million dollars after ten years and I believe that this prediction will be realized.
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denny27
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March 22, 2018, 09:57:19 AM |
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That's very good sense of optimism, but behind that's all of course there will be many things that can attacking it, well like the government system one of them, if bitcoin is more directed to the things that continue tend on the positive side also does not adversely affect on its development, the possibility of bitcoin will be more trusted and more supported. Anyhow this is something that's not yet certain to be predict, it could be that things smelling of attack can weaken the bitcoin and not be able to last forever, also this is just cyberspace currency and not as real as regular currency.
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danniwide1234
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March 22, 2018, 10:42:47 AM |
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The value of bitcoin hitting your prediction will be determined largely by the stand of the governments of the different countries of the world when it comes to cryptocurrency. I strongly believe if the right policies that favours the growth of cryptocurrency are established over the years then Bitcoin being the king in the cryptocurrency world will be the greatest beneficiary. The value of bitcoin can even be higher than half a million dollars in the next ten years if and only if the right conditions are in place.
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Faxmate
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March 22, 2018, 07:58:58 PM |
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I'm ten years older, so as btc ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) No after 10 years bitcoin will be very change it will not be same I think after 10 years bitcoin must become legal and there will be highest price of bitcoin in our world, increasing demand and high price of bitcoin is informing us about the best things related to bitcoin like after 10 years bitcoin earnings will be multiplied with 10 and investors will be high in number so I think bitcoin is going to be rock after 10 years in this world, today bitcoin is the currency and the investment only but after 10 years it will be super currency then.
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reflector
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March 22, 2018, 08:42:23 PM |
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Crypto currencies would be in use all over the world. The economy condition of countries adapted bitcoin and other crypto will have a good growth. Number of citizen's with assets would increase due to crypto currenceies. Banks would be in a position where customers get migrated from fiats to crypto. Crypto would be in a place where everyone will be familiar with.
LOL, prediction about the future world with crypto currencies. I believe we may find bitcoin will be used all the international airports in this world. Most of the tourist spot countries make the bitcoin as legal to use. If there is bank on that time also that will be work through with the help of bitcoin only. There would not be any way apart from this. Hackers will be fucked out with the 2x encryption of blockchain security medium. Now there is many hacking issue has been shared by various guys but that will be no more in future.
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LuanX3
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March 22, 2018, 08:47:32 PM |
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It really depends with the world on how it will accept bitcoins or cryptocurrencies. So far, money is just based on trust. Trust that the country behind the currency is stable and that it can pay the debt of the bill any person is holding. Gone are the days that the gold reserve is the basis of how valuable the note is, but it is based on solid economics of the country it represents. This may be true with bitcoins, as it will represent people that believe in it without even the need for an economy of its own.
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nniecan001
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March 22, 2018, 09:25:02 PM |
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I'm ten years older, so as btc ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Lol, I never expect that answer but it's true and reality. Hoping that you are still alive ten years from now. Cause if not, you will never witness how bitcoin dominating it's price and the demand of the people around the world. Just keep positive and never lose hope folks!
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gezhid008
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March 23, 2018, 04:43:49 AM |
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No one can predict the future. A bitcoin of $500,000 is a guess, a wish.
Perhaps with the development of science and technology, there will be another currency to replace bitcoin.
Of course, I still hope that bitcoin will always exist and become the universal currency of the world.
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rat03gopoh
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March 23, 2018, 07:36:48 AM |
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The value affects the price, and I'm going to analyze the value of the decade.
To understand the value of bitcoin, we start with the basic value of money, which is also money.
Money is the most common and effective mutual trust system ever. In any form of currency, its value is essentially: "does anyone believe" why the dollar is the most valuable? Because the world believes in it.
The popularity of bitcoin has grown rapidly in recent years with the development of the Internet. I predict that the price of bitcoins in 10 years should be more than half a million dollars.
Yes if during that there are no major obstacles that affect the growth of bitcoin prices. The popularity of bitcoin is getting more and more of a certain party feeling threatened. Like banks, they are increasingly losing their real investors because the profits they offer are not as high as the benefits of investing in bitcoins where those benefits are never offered by anyone.
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