gablay12
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Activity: 918
Merit: 1000
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September 18, 2015, 06:34:51 PM |
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BTC can be 1 dollar or 100k dollar.It is a just supply and demand problem.
The important think is what will be the motivation behind such a gigantic price movement?Why would people abondan local currencies and want to invest to BTC?Perhaps hyperinflation all over the world.
Perhaps a nuclear war, or terrorist attacks...I can not forsee either the BTC price in five years or the main events.
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The more I meet people, the more I like my dog.
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No Gods or Kings. Only Bitcoin
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gablay12
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September 18, 2015, 06:36:37 PM |
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Have you ever heard of price elasticity?If terorists or drug companies asks for BTC for payment then there will be a gigantic demand.
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The more I meet people, the more I like my dog.
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n2004al
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September 26, 2015, 08:23:07 AM |
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I want to express one wish for you: your words in the ears of God. So him will make true your desire; or better, your decision. As for us mortal human s can only hope that the price go high. To have hope is a big thing but is not a decision or something that shall be true. So live my friend and see your price to do everything you want with it and with your bitcoins.
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CoinCidental
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Si vis pacem, para bellum
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October 10, 2015, 08:52:53 PM |
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Have you ever heard of price elasticity?If terorists or drug companies asks for BTC for payment then there will be a gigantic demand.
Technically one and the same lol |
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Sir_lagsalot
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October 10, 2015, 08:55:35 PM |
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50k? Maybe in a few decades. So it depends how old you are. 50+?  |
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Slark
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October 10, 2015, 09:09:01 PM |
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BTC can be 1 dollar or 100k dollar.It is a just supply and demand problem.
-snip-
No, if bitcoin ever will cost less than certain amount say $100 then it is done for. Experiment will fail. There will be mass panic and bitcoin would be worth less that $0 in a day not to mention no one will buy it anymore. |
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CoinCidental
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Activity: 1316
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Si vis pacem, para bellum
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October 10, 2015, 09:37:41 PM |
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The price raise is inevitable with time and halvings etc I am sure of that much.. Raise to $50,000 per piece I am not sure in our lifetimes, it could happen easily if some event increased demand rapidly but I would predict a more gentle curve upwards with adoption growing and supply dwindling.... $5000 I can see.... In the not too far away future More Scarcity + equal consumption would bring us there eventually as is without anything happening .... but the unpredictable things like darkwebs services and markets and gambling are growing as more and more people figure out how to use them so the growth could hyper inflate much faster than people anticipate... 50k a btc would need legitimate companies using or accepting it for business transactions to reduce costs etc I think but 5k will be attainable whether they like it or not due to factors outside their control The people have the power to make or break anything and the general public will not stop smoking weed/gambling or whatever else they want just because their local law says they're not allowed that... An uncontrollable multinational payment system that involves no trusted party will never fail completely so forget anyone who says it's going to $0 as they are probably buying up coins while scaring you into parting with yours cheaply... There is a ridiculous amount of these kind of people now, they say btc is doomed worthless and yet they spend all their time on a btc forum (wouldn't that make their lives worthless too? ) .... Not too difficult to see their true agenda once you've been here for awhile... you will be able to spot them from a distance .... Be wary of them here and elsewhere scaremongering .... They will do anything to get your btc because the race has started and human greed has no limits... But btc IS limited, scarce and valuable...  . |
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smith coins
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October 10, 2015, 09:56:07 PM |
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Why do you say i will not die? Because nobody knows the future.
And nobody knows when someone will die, so i better would edit it to i will never sell my bitcoin until it reaches 50k
To think that bitcoin will reach 50k is really hard to believe, i think impossible in next 10 years from now.
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edric
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October 11, 2015, 03:45:47 AM |
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Wow, you convinced me. I'm going to go find the secret code to the wallet I got locked out of that has .0005 BTC in it and make sure I withdrawal it in case you are right. How soon will we see 50k?
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samuray34amo
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October 11, 2015, 03:53:52 AM |
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$50000 seems impossible to me. We aren't even sure if BTC price will ever reach $1000 again in the next five years. Maybe it will take some decades but I'm sure there's new technology that's better than BTC in the future and people will eventually lose their interest in Bitcoin.
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christycalhoun
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October 11, 2015, 04:47:26 AM |
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$50000 seems impossible to me. We aren't even sure if BTC price will ever reach $1000 again in the next five years. Maybe it will take some decades but I'm sure there's new technology that's better than BTC in the future and people will eventually lose their interest in Bitcoin.
Yes $50000 may be a bit of a stretch. I was thinking that $10,000 would be a decent high point |
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1Referee
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October 11, 2015, 07:21:36 AM |
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$50000 seems impossible to me. We aren't even sure if BTC price will ever reach $1000 again in the next five years. Maybe it will take some decades but I'm sure there's new technology that's better than BTC in the future and people will eventually lose their interest in Bitcoin.
It is impossible if you look at it from a realistic point of view. I'm more than happy if we can manage to keep the price above $500 in the near future. What happens after that isn't of any importance as you can't predict what Bitcoin will do. |
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qiwoman2
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Oikos.cash | Decentralized Finance on Tron
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October 11, 2015, 08:08:22 AM |
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I would love to see bitcoin reach 10k in my lifetime but who knows, we just need more and more holders and investors and people especially with some extra income to use Bitcoin as a saving in their portfolio. Can you imagine even if 1 billion peeps put in 55 of their money into BTC?
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Sourgummies
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October 11, 2015, 01:38:15 PM |
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50,000 USD per Bitcoin requires a lot of demand for Bitcoins. At that point I assume that either the dollar lost a lot of value or practically 90% of the world are using Bitcoins, which then the former occurs too.
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Mickeyb
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October 11, 2015, 02:10:32 PM |
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50,000 USD per Bitcoin requires a lot of demand for Bitcoins. At that point I assume that either the dollar lost a lot of value or practically 90% of the world are using Bitcoins, which then the former occurs too.
My friend, if 90% of the world will use Bitcoin, then the price of 1 bitcoin will be closer to $1 million than to the $50,000. Do you know what 90% of the world means? Are you aware how much of the demand this would be? Also how many people would use it in this case and there is only 21 million ever to exist. |
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StevenLiang
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October 11, 2015, 02:19:11 PM |
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I am Not a Philoshoper or a Writer
I have a long run in Bitcoin and some Alts,
I have seen Bitcoin since 10$ price and seen to all time High 1300$ also,
In my point of view (I use to create my views with News and upgoing BTC network) BTC will reach 98K very soon and this article is about that.
98K of what currencies? are you mean USD? The BTC price in nowadays is quite good than the other currencies. The biggest expensive from paper money currency is GBP (British Pound) to USD. 1 GBP = 1.5 USD But in BTC, we already surpass far away. 1 BTC = 246 USD. ( coinbase, Oct 11th) |
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tech_solutions
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October 11, 2015, 09:42:30 PM |
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reaching 50k is like day dreaming in the present situation, but we cannot say about future because still bitcoin is in middle of the discussion of what is btc , whether a currency or commodity . because after finalizing what btc is the demand and supply will be the key point of bitcoin price.
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thinkinger
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October 11, 2015, 09:50:44 PM |
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if it was up to you you would live forever but it is not
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Rumichbit
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October 11, 2015, 09:54:49 PM |
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50k is easy just give it time, what is hard is to survive until we get those times, nuclear wars, food and water shortage, global warming...
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p0k3r
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October 12, 2015, 03:28:10 AM |
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50k won't happen for a very long time. It will happen, just not for at least a VERY long time. By the time the last Bitcoin is mined (2050), 1 Bitcoin would probably be worth 20-25k at the max. Then the transaction fees/SND comes into play, which would still take years, if not decades in order for Bitcoin to hit 50k. Bitcoin will not die though, I can almost guarantee that. Just an estimation.  |
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