I will not Die Untill Bitcoin will reach at Least 50K

[kromtar]

lol in a decade or more fiat will worth almost nothing, i dont think people will trade their bitcoin for worthless paper...

looks like no one remember how many things people buy decades ago with their salary in fiat and how much time they needed to pay their house  

[Zz]

How tragic this post is from the day of all time high for Bitcoin price, December 25, 2013.

[TinEye]

lol in a decade or more fiat will worth almost nothing, i dont think people will trade their bitcoin for worthless paper...

looks like no one remember how many things people buy decades ago with their salary in fiat and how much time they needed to pay their house  

fiat infaltion is 8% per year, but the point is that they can simply print more and distribute more to their people, so if goods will cost more and you can buy less, they will simply increases your wage and you will be able to buy the same stuff as before, i doubt fiat will ever cease to exist, bitcoin will never replace fiat at best it can be used as a good alternative

[kromtar]

lol in a decade or more fiat will worth almost nothing, i dont think people will trade their bitcoin for worthless paper...

looks like no one remember how many things people buy decades ago with their salary in fiat and how much time they needed to pay their house  

fiat infaltion is 8% per year, but the point is that they can simply print more and distribute more to their people, so if goods will cost more and you can buy less, they will simply increases your wage and you will be able to buy the same stuff as before, i doubt fiat will ever cease to exist, bitcoin will never replace fiat at best it can be used as a good alternative

That sound fair, the reality they never increase your wage most likely they are freezing it, at least in my country and soon in all world. And who will have a wage after all if technology destroy almost all jobs?

I dont think fiat will survive that transition to a super technological society, maybe bitcoin will survive that because computer are generating the blocks and you dont need to work for any centralise entity 

[HarHarHar9965]

lol in a decade or more fiat will worth almost nothing, i dont think people will trade their bitcoin for worthless paper...

looks like no one remember how many things people buy decades ago with their salary in fiat and how much time they needed to pay their house  

fiat infaltion is 8% per year, but the point is that they can simply print more and distribute more to their people, so if goods will cost more and you can buy less, they will simply increases your wage and you will be able to buy the same stuff as before, i doubt fiat will ever cease to exist, bitcoin will never replace fiat at best it can be used as a good alternative

That sound fair, the reality they never increase your wage most likely they are freezing it, at least in my country and soon in all world. And who will have a wage after all if technology destroy almost all jobs?

I dont think fiat will survive that transition to a super technological society, maybe bitcoin will survive that because computer are generating the blocks and you dont need to work for any centralise entity 

So what do you think the government will go when they see their fiat fail terribly? They'd get their hands on block chain technology and use it to create their own cryptocurrency which will strictly be centralized, they will have unfair power and monopoly again, something that they cannot achieve if they use bitcoin as their currency rather than creating their own, which is highly unlikely to happen.

[wxa7115]

lol in a decade or more fiat will worth almost nothing, i dont think people will trade their bitcoin for worthless paper...

looks like no one remember how many things people buy decades ago with their salary in fiat and how much time they needed to pay their house  

fiat infaltion is 8% per year, but the point is that they can simply print more and distribute more to their people, so if goods will cost more and you can buy less, they will simply increases your wage and you will be able to buy the same stuff as before, i doubt fiat will ever cease to exist, bitcoin will never replace fiat at best it can be used as a good alternative

That sound fair, the reality they never increase your wage most likely they are freezing it, at least in my country and soon in all world. And who will have a wage after all if technology destroy almost all jobs?

I dont think fiat will survive that transition to a super technological society, maybe bitcoin will survive that because computer are generating the blocks and you dont need to work for any centralise entity 

So what do you think the government will go when they see their fiat fail terribly? They'd get their hands on block chain technology and use it to create their own cryptocurrency which will strictly be centralized, they will have unfair power and monopoly again, something that they cannot achieve if they use bitcoin as their currency rather than creating their own, which is highly unlikely to happen.

This is why educating the population must be a priority. So they can see for themselves that process for what it is… a scam.

[devil11]

Its not possible that 1 Bitcoin reaches to $50k. If it is gone then we will all be so much surprised 

[mrhelpful]

lol in a decade or more fiat will worth almost nothing, i dont think people will trade their bitcoin for worthless paper...

looks like no one remember how many things people buy decades ago with their salary in fiat and how much time they needed to pay their house  

some people think despite with all the praise with bitcoin.

bitcoin is actually broken in many ways that dont see it. One of them being the bitcoin needing to be split. Some point out here in the article.

http://insidebitcoins.com/news/andreas-antonopoulos-bitcoin-terminology-is-completely-broken/34641

[dothebeats]

Its not possible that 1 Bitcoin reaches to $50k. If it is gone then we will all be so much surprised 

Reaching those numbers is mathematically possible, though there are some deciding factors that needs to be weighed before we get there i.e. supply, demand, interest on the masses, number of businesses/merchants in the economy etc. For some predictions as to where bitcoin will go, it's nice to get a good read in here: https://www.tradingview.com/chart/bitcoin/

some people think despite with all the praise with bitcoin.

bitcoin is actually broken in many ways that dont see it. One of them being the bitcoin needing to be split. Some point out here in the article.

http://insidebitcoins.com/news/andreas-antonopoulos-bitcoin-terminology-is-completely-broken/34641

The article states that only the terminology is broken, not the concept or the system that is within bitcoin itself.

[techgeek]

Its not possible that 1 Bitcoin reaches to $50k. If it is gone then we will all be so much surprised 

Reaching those numbers is mathematically possible, though there are some deciding factors that needs to be weighed before we get there i.e. supply, demand, interest on the masses, number of businesses/merchants in the economy etc. For some predictions as to where bitcoin will go, it's nice to get a good read in here: https://www.tradingview.com/chart/bitcoin/

some people think despite with all the praise with bitcoin.

bitcoin is actually broken in many ways that dont see it. One of them being the bitcoin needing to be split. Some point out here in the article.

http://insidebitcoins.com/news/andreas-antonopoulos-bitcoin-terminology-is-completely-broken/34641

The article states that only the terminology is broken, not the concept or the system that is within bitcoin itself.

it seems like the guys just skimmed read. Or just speed read to get the important part lol.

its always important to read everything twice.. bitcoin itself is still going great as a system. The whole article is about how we should market bitcoin better lol.

[irfan01]

LOL..maybe it takes a very long time to achieve price 50k 

[bitgolden]

I have more faith that bitcoin will reach 1 million price mark very soon. Because when investors looking for alternate safe source for their money bitcoin would be their problem solver. Why not right now : 1. Lack of bitcoin knowledge 2. Small bitcoin market cap (one whale can make bitcoin price into any direction)

[randy8777]

I have more faith that bitcoin will reach 1 million price mark very soon. Because when investors looking for alternate safe source for their money bitcoin would be their problem solver. Why not right now : 1. Lack of bitcoin knowledge 2. Small bitcoin market cap (one whale can make bitcoin price into any direction)

what the f... how on earth do you think bitcoin will reach 1 million per coin? the money has to come from somewhere. it would give bitcoin a market cap of 21,000,000,000,000 if all coins are mined 

[johnyj]

I have more faith that bitcoin will reach 1 million price mark very soon. Because when investors looking for alternate safe source for their money bitcoin would be their problem solver. Why not right now : 1. Lack of bitcoin knowledge 2. Small bitcoin market cap (one whale can make bitcoin price into any direction)

what the f... how on earth do you think bitcoin will reach 1 million per coin? the money has to come from somewhere. it would give bitcoin a market cap of 21,000,000,000,000 if all coins are mined  

1 Million is easier to do than 100 million, which is the theoretical upper limit (see my signature for detailed analysis)

However, previous two rally were caused by large advance in mining technology. Now that mining technology advance has greatly slowed down, the increase of exchange value will mainly depend on the scale of increase of mining operation, difficulty must rise in order for value to rise, and reward halving will give some help every 4 years

[lolxxxx]

that is not possible !
Both things are not possible you cannot live forever (1)
bitcoin will never be at 50k (2)
keep it up !

[spazzdla]

that is not possible !
Both things are not possible you cannot live forever (1)
bitcoin will never be at 50k (2)
keep it up !

If you don't think BTC will reach 50k you believe it is going to zero.  You shouldn't own a single satoshi.

It's going to become a store of value or it's going to zero there is NO MIDDLE ground.

Bitcoin WILL be +50k or 0 by 2030.

[lolxxxx]

that is not possible !
Both things are not possible you cannot live forever (1)
bitcoin will never be at 50k (2)
keep it up !

If you don't think BTC will reach 50k you believe it is going to zero.  You shouldn't own a single satoshi.

It's going to become a store of value or it's going to zero there is NO MIDDLE ground.

Bitcoin WILL be +50k or 0 by 2030.

Yea i believe that bitcoin will be about 500$ by next year but i have no believe that bitcoin will reach 50k$
Also i had 400$ in cold storage of btc but i sold all its useless to keep !
I agree with your third point

[coinzat]

So now we are in 2015 and no one sees this expected price .
I know that it is not impossible in the future to reach 50k $ for a bitcoin but maybe in that day the dollar will have much less value that now

[CoinCidental]

I have more faith that bitcoin will reach 1 million price mark very soon. Because when investors looking for alternate safe source for their money bitcoin would be their problem solver. Why not right now : 1. Lack of bitcoin knowledge 2. Small bitcoin market cap (one whale can make bitcoin price into any direction)

one whale dump now would be absorbed easily ,europe is heading for an ecomonic   crisis
smart people will need to keep funds safe outside banks
americans are already not trusting the banks with their 100% worth anymore
i think the future is very bright if your in it for the long term

[actmyname]

It'll get to 50K when the dollar deteriorates in value.

That should happen eventually. Maybe OP would die before then.