WitekRadomski
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Activity: 118
Merit: 11
Enjin Coin - Smart Cryptocurrency for gaming!
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July 18, 2017, 12:29:00 AM |
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If you take the futurist position that world economy growth rate will increase dramatically over the next few decades, then it makes it simpler for Bitcoin to reach $50k.
What I'm interested to see is if multiple cryptocurrencies will hold the bulk of the market cap in 5-10 years (like ETH + BTC today).
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CTO, Enjin Coin - Smart cryptocurrency for gaming!
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megynacuna
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July 18, 2017, 01:49:30 AM |
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Bitcoin is pumping and dumping then all other currencies. I also believe that someday Bitcoin will reach near about $50k. And It will be within 10-20 years.
Fine, there's room for speculation and we are all keeping our fingers crossed so that we can cash in at the right time. There's no doubt about Bitcoins future and in 10 or 20 or 50 years even if it takes that longer to reach 50k$ we will be huge beneficiaries hopefully.
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Sadlife
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July 18, 2017, 03:21:55 AM |
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Ive never seen bitcoin reach 3k price dont of im just outdated, i guess only tge traders will alwsys know the curent price. Bitcoin has indeed advance to new innovations with only a few years it has already grown because of its unique features that a fiat currency doesn't have. People love's a decentralized currency more than a centralized one that is designed to drown as in debt from taxes, exploitation and tyranny this debt based monetary should change the way they do things or they will force to, if they get crash by bitcoin and will repeat to be crash until they learn it.
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oegarod
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July 18, 2017, 03:58:38 AM |
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Op is very strong in his stand and if lucky we the user might get the same in a very short time. We might see the quoted $50k once after august. The price to be in a stabilized manner it takes a lot time. As users suggested its purely speculative and we have got the increased chances of experiencing it.
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magmar
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July 18, 2017, 04:28:10 AM |
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I am sure they can never be $50k per 1 bitcoin. It is unbelievable.
That's true. Bitcoin's value will never be that high. It's so unbelievable for me. But if it is that's great for us investors of the bitcoins. Lucky for us our money will increase tremendously without doing anything. I can't wait though to that time, if that hapoens I'm going to be really rich like a billionaire. And that's good for everyone who are accessing bitcoins.
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Przemax
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July 18, 2017, 08:05:24 AM |
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At that price of bitcoin, the cost of a single transaction would be terribly high, unless some changes will ensue. Im afraid given that cumbersome property of bitcoin, that fees depends on the miners you might not see 50k per bitcoin. Does that mean that you will be immortal? Maybe not. Maybe the price will reach such a state for some unsustainable period of time for you to be able to die .
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Betwrong
Legendary
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Activity: 3416
Merit: 2217
I stand with Ukraine.
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July 18, 2017, 09:23:53 AM |
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Although I agree that not many people are using Bitcoin compared to the world population I can't believe that there are only 18.6 million addresses containing at least 1 satoshi. I think there are much more addresses than that. Unfortunately https://bitinfocharts.com isn't opening for me so I can't check whether this information came from there. Are you sure about this number? I have no other surce for it, if anybody has a better one, please link, the numbers were a surprise for me too. It specifies the following way: Balance | Addresses | Coins | 0 - 0.001 | 10.882.679 | 2,050 BTC | 0.001 - 0.01 | 3.238.627 | 12,590 BTC | 0.01 - 0.1 | 2.713.352 | 83,876 BTC | 0.1 - 1 | 1.192.106 | 389,814 BTC | 1 - 10 | 454.477 | 1,246,977 BTC | 10 - 100 | 129.452 | 4,311,644 BTC | 100 - 1,000 | 16.284 | 3,765,692 BTC | 1,000 - 10,000 | 1.671 | 3,547,755 BTC | 10,000 - 100,000 | 111 | 2,744,282 BTC | 100,000 - 1,000,000 | 3 | 347,288 BTC | |
These are not all time generated addresses, just the ones having some balance atm. Thanks for posting this for me. This is really interesting. I thought there are much more than 10 million addresses with at least 1 satoshi on balance. I thought every Bitcoin user has at least 20 addresses like that. Do we have less than 1 million of Bitcoin users then?
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BITCOIN TO THE MOON ☾ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿
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Xester
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July 18, 2017, 10:31:35 AM |
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Bitcoin is pumping and dumping then all other currencies. I also believe that someday Bitcoin will reach near about $50k. And It will be within 10-20 years.
Fine, there's room for speculation and we are all keeping our fingers crossed so that we can cash in at the right time. There's no doubt about Bitcoins future and in 10 or 20 or 50 years even if it takes that longer to reach 50k$ we will be huge beneficiaries hopefully. Well yes it could be possible that bitcoin price will reach that amount but the question is are we still alive on that date? But if it occurs for 20 - 30 years then maybe we could experienced that price of bitcoin as I am into my 30's. If that will be the price of bitcoin, then maybe we should start to earn more and save more. I will try to keep all my bitcoin from now on after panicking last week to sell all my bitcoins because of the price got down.
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warrior333
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July 18, 2017, 11:09:03 AM |
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If you're going to save and invest all your money in bitcoin then you will not live to see the moment when you will become rich. Or are you willing to stop eating? Live a normal life. If the price of bitcoin will not be something you will not regret it all my life, indulged in everything.
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batang_bitcoin
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July 18, 2017, 11:24:53 AM |
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If you're going to save and invest all your money in bitcoin then you will not live to see the moment when you will become rich. Or are you willing to stop eating? Live a normal life. If the price of bitcoin will not be something you will not regret it all my life, indulged in everything.
He's just trolling around but this is what we want to happen. Seeing the price of bitcoin at $50k is one of the best moment in our lives. And even you only own 1 bitcoin then that's going to be one of a full blast, you can buy instant what you want and you can live financially free. But this will really take a lot of time.
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undeadbitcoiner (OP)
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July 18, 2017, 01:59:10 PM |
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He's just trolling around but this is what we want to happen. Seeing the price of bitcoin at $50k is one of the best moment in our lives. And even you only own 1 bitcoin then that's going to be one of a full blast, you can buy instant what you want and you can live financially free. But this will really take a lot of time.
First of all I am Not Trolling Around Second I am Talking about 50K not 50 Million bud, I don't know which world you are from but with 50K you can't even buy a good car so from where you could be financially free? I Don't know.
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hawkins
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July 18, 2017, 02:17:43 PM |
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Cool, hope it happens before we die. Well, it can be proclaimed that bitcoin prices will soon rise, but for now, there is no information about bitcoin prices to break the $ 10,000 price or not, all we need to do is follow the flow.
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White Christmas
Sr. Member
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Merit: 258
★Bitvest.io★ Play Plinko or Invest!
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July 18, 2017, 02:42:39 PM |
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I am sure they can never be $50k per 1 bitcoin. It is unbelievable.
Definitely improbable in the short-term, but I see absolutely no reason why they absolutely could not be. We'd need prices like that to support larger volumes of commerce. It will take years before that thing happens so if you are waiting for it then it stop waiting because that was now unbelievable in this day. Just go with the flow and lets be satisfied on how much its cost right now.
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GoodLuck2
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July 23, 2017, 05:37:12 PM |
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I am sure they can never be $50k per 1 bitcoin. It is unbelievable.
Definitely improbable in the short-term, but I see absolutely no reason why they absolutely could not be. We'd need prices like that to support larger volumes of commerce. It will take years before that thing happens so if you are waiting for it then it stop waiting because that was now unbelievable in this day. Just go with the flow and lets be satisfied on how much its cost right now. I don’t think so it’s impossible for bitcoins to reach the value of 50k dollars in next few years. Within a decade, that’s going to happen. Rest, it is good advice to be satisfied with whatever you are having but usually the profit with bitcoins is quite large usually. Going with flow is very common; going against the flow is the real courage mate.
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roadbits
Legendary
Offline
Activity: 1092
Merit: 1000
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July 23, 2017, 06:06:12 PM |
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I am sure they can never be $50k per 1 bitcoin. It is unbelievable.
Definitely improbable in the short-term, but I see absolutely no reason why they absolutely could not be. We'd need prices like that to support larger volumes of commerce. It will take years before that thing happens so if you are waiting for it then it stop waiting because that was now unbelievable in this day. Just go with the flow and lets be satisfied on how much its cost right now. I don’t think so it’s impossible for bitcoins to reach the value of 50k dollars in next few years. Within a decade, that’s going to happen. Rest, it is good advice to be satisfied with whatever you are having but usually the profit with bitcoins is quite large usually. Going with flow is very common; going against the flow is the real courage mate. Yes it is possible if he not dies next 50 years. every year 1k increment we see in Bitcoin price it will take 50 years. So he not die next 50 years maybe he will see this price for 1 bitcoin. But there is a limit for any expectation this is over expectation I think. What will you do taking this money in your old age?
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undeadbitcoiner (OP)
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July 23, 2017, 09:02:09 PM |
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I am sure they can never be $50k per 1 bitcoin. It is unbelievable.
Definitely improbable in the short-term, but I see absolutely no reason why they absolutely could not be. We'd need prices like that to support larger volumes of commerce. It will take years before that thing happens so if you are waiting for it then it stop waiting because that was now unbelievable in this day. Just go with the flow and lets be satisfied on how much its cost right now. I don’t think so it’s impossible for bitcoins to reach the value of 50k dollars in next few years. Within a decade, that’s going to happen. Rest, it is good advice to be satisfied with whatever you are having but usually the profit with bitcoins is quite large usually. Going with flow is very common; going against the flow is the real courage mate. Yes it is possible if he not dies next 50 years. every year 1k increment we see in Bitcoin price it will take 50 years. So he not die next 50 years maybe he will see this price for 1 bitcoin. But there is a limit for any expectation this is over expectation I think. What will you do taking this money in your old age? I do respect your your reply but I do believe in whole thread I am not talking about money for me or myself, Its about BTC price its not about how much I have and how much I need in my Old Age, I might don't need any amount of money to live or to die but I do need BTC price movement.
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andrei56
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July 25, 2017, 10:45:57 PM Last edit: July 27, 2017, 10:20:33 PM by andrei56 |
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If you take the futurist position that world economy growth rate will increase dramatically over the next few decades, then it makes it simpler for Bitcoin to reach $50k.
What I'm interested to see is if multiple cryptocurrencies will hold the bulk of the market cap in 5-10 years (like ETH + BTC today).
Then that view is wrong at this time the speed of growth of developed nations is slowing not accelerating so the growth of bitcoin is even more impressive when you look at it that way since it has grown at an incredible speed when the economies of the world are in a bad shape, can you imagine how much bitcoin will grow if the economy was doing well.
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Frost
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July 25, 2017, 10:55:50 PM |
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Cool, hope it happens before we die. Well, it can be proclaimed that bitcoin prices will soon rise, but for now, there is no information about bitcoin prices to break the $ 10,000 price or not, all we need to do is follow the flow.
Yes for ordinary people like us, we will just follow the flow and hopefully in the future there is good news about bitcoin prices will reach $10k.
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SaShiRaJaVu
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July 25, 2017, 11:01:12 PM |
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If you take the futurist position that world economy growth rate will increase dramatically over the next few decades, then it makes it simpler for Bitcoin to reach $50k.
What I'm interested to see is if multiple cryptocurrencies will hold the bulk of the market cap in 5-10 years (like ETH + BTC today).
There are high possibilities that a few multiple crypto currencies will hold the entire market as we see today and we can expect the best coin with the best vision in the top ten to twenty will be holding all the valuation and we might see some projects dying off in the mean time,accept from bitcoin there is no guarantee for the rest of the coins,that is my personal opinion.
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andrei56
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July 27, 2017, 10:25:01 PM |
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I am sure they can never be $50k per 1 bitcoin. It is unbelievable.
That's true. Bitcoin's value will never be that high. It's so unbelievable for me. But if it is that's great for us investors of the bitcoins. Lucky for us our money will increase tremendously without doing anything. I can't wait though to that time, if that hapoens I'm going to be really rich like a billionaire. And that's good for everyone who are accessing bitcoins. Bitcoin will reach that value at some point what we do not know is when that is going to happen, it may happen in the next 20 years? It is possible, but in any case the most important thing to remember is to hold to your bitcoins because even if bitcoin does not reach that price it could reach 10k, 20k or 30k and we will benefit from that price increase.
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