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Author Topic: I will not Die Untill Bitcoin will reach at Least 50K  (Read 49873 times)
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August 12, 2016, 02:38:14 PM
 #181

you don't know exactly how much you are going to live so if bitcoin reach 5k usd it is milestone for me.

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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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August 12, 2016, 03:04:45 PM
 #182

you don't know exactly how much you are going to live so if bitcoin reach 5k usd it is milestone for me.
50k is actually a very high price, we will not know when it will happen, well, I think everyone who has a lot of bitcoin do not want to die before seeing the price reached to 1 BTC. but I guess it is impossible in a short time. I predict that the price of bitcoin when it reaches $ 10,000 would be very difficult to grow
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August 12, 2016, 03:07:58 PM
 #183

If the bitcoin rises 50% a year, in 20 years, it will rise 3300 times, the bitcoin price will be $2 million each.
We also have to look at 50% dump on price before rather than just looking at 50% rise every year. I am sure bitcoin will never reach 50k because total supply after all bitcoin got mine is also in bigger amount (in millions) and total market of online payment processor is like in few billion annualy so we may see 3k to 5k$ per coin, which is quite realistic figure.


So far, since early 2013, the price of bitcoin has risen about 25 times. So that is more than 100% every year.
though there were years in which the price didnt grow that much either, in my opinion we will see the positive trend but it will not always grow so fast
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August 13, 2016, 12:34:16 PM
 #184

If the bitcoin rises 50% a year, in 20 years, it will rise 3300 times, the bitcoin price will be $2 million each.
We also have to look at 50% dump on price before rather than just looking at 50% rise every year. I am sure bitcoin will never reach 50k because total supply after all bitcoin got mine is also in bigger amount (in millions) and total market of online payment processor is like in few billion annualy so we may see 3k to 5k$ per coin, which is quite realistic figure.


So far, since early 2013, the price of bitcoin has risen about 25 times. So that is more than 100% every year.
though there were years in which the price didnt grow that much either, in my opinion we will see the positive trend but it will not always grow so fast

In the next 5 to 10 years, the price could double every year, but after that, the price will rise much slower.
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August 17, 2016, 03:53:30 AM
 #185

Me too, but I hope its price will reach 50K before I could not walk anymore. Grin

People treated bitcoin before as nothing, they uses it to buy loads for their prepaid cards on phones and even for games.  They even share it with others and just give it without seeing its future.  Then all of a sudden, we feel this feeling of anxiety, depression, and a really worst feeling ever, the feeling of regret.  We all could have been a millionaire right now if only we see what will happen to its price after a year.  Now everyone were into mining, investing, and trading for them to gain more bitcoins.  Now every coins being launched today were really into serious keeping as it could perform like bitcoin.
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August 17, 2016, 04:43:15 AM
 #186

Me too, but I hope its price will reach 50K before I could not walk anymore. Grin

People treated bitcoin before as nothing, they uses it to buy loads for their prepaid cards on phones and even for games.  They even share it with others and just give it without seeing its future.  Then all of a sudden, we feel this feeling of anxiety, depression, and a really worst feeling ever, the feeling of regret.  We all could have been a millionaire right now if only we see what will happen to its price after a year.  Now everyone were into mining, investing, and trading for them to gain more bitcoins.  Now every coins being launched today were really into serious keeping as it could perform like bitcoin.


LOL don't think like OP. bitcoin price will not reach 50k within your life span. hahaha. the average life of person is only 60 years and minus your current age, i think you will not avail that price. You must consider the increase of it's price per year and all the factors affecting their price. as of now it's price is not constantly inflating but rather sinking. so if you do the math. you will realize that it is  impossible to happen considering the price is increasing each year because our life is limited. and if that gonna happen, all of us will become a millionaire. hahaha
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August 17, 2016, 06:24:20 PM
 #187

Me too, but I hope its price will reach 50K before I could not walk anymore. Grin

People treated bitcoin before as nothing, they uses it to buy loads for their prepaid cards on phones and even for games.  They even share it with others and just give it without seeing its future.  Then all of a sudden, we feel this feeling of anxiety, depression, and a really worst feeling ever, the feeling of regret.  We all could have been a millionaire right now if only we see what will happen to its price after a year.  Now everyone were into mining, investing, and trading for them to gain more bitcoins.  Now every coins being launched today were really into serious keeping as it could perform like bitcoin.


LOL don't think like OP. bitcoin price will not reach 50k within your life span. hahaha. the average life of person is only 60 years and minus your current age, i think you will not avail that price. You must consider the increase of it's price per year and all the factors affecting their price. as of now it's price is not constantly inflating but rather sinking. so if you do the math. you will realize that it is  impossible to happen considering the price is increasing each year because our life is limited. and if that gonna happen, all of us will become a millionaire. hahaha

I do not think so. The bitcoin price has doubled on average every year for the last three years. If the trend continue for the next few years, the price will be $100,000.
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August 17, 2016, 06:31:28 PM
 #188

Me too, but I hope its price will reach 50K before I could not walk anymore. Grin

People treated bitcoin before as nothing, they uses it to buy loads for their prepaid cards on phones and even for games.  They even share it with others and just give it without seeing its future.  Then all of a sudden, we feel this feeling of anxiety, depression, and a really worst feeling ever, the feeling of regret.  We all could have been a millionaire right now if only we see what will happen to its price after a year.  Now everyone were into mining, investing, and trading for them to gain more bitcoins.  Now every coins being launched today were really into serious keeping as it could perform like bitcoin.


LOL don't think like OP. bitcoin price will not reach 50k within your life span. hahaha. the average life of person is only 60 years and minus your current age, i think you will not avail that price. You must consider the increase of it's price per year and all the factors affecting their price. as of now it's price is not constantly inflating but rather sinking. so if you do the math. you will realize that it is  impossible to happen considering the price is increasing each year because our life is limited. and if that gonna happen, all of us will become a millionaire. hahaha

I do not think so. The bitcoin price has doubled on average every year for the last three years. If the trend continue for the next few years, the price will be $100,000.
Thats impossible the price will double i think the price is still not double because are achieve 400 usd before but the price before the block halving hit 700 value instead of 800 value so i think the price you mention is impossible to happen even you are live longer..



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August 17, 2016, 06:49:39 PM
 #189

Me too, but I hope its price will reach 50K before I could not walk anymore. Grin

People treated bitcoin before as nothing, they uses it to buy loads for their prepaid cards on phones and even for games.  They even share it with others and just give it without seeing its future.  Then all of a sudden, we feel this feeling of anxiety, depression, and a really worst feeling ever, the feeling of regret.  We all could have been a millionaire right now if only we see what will happen to its price after a year.  Now everyone were into mining, investing, and trading for them to gain more bitcoins.  Now every coins being launched today were really into serious keeping as it could perform like bitcoin.


LOL don't think like OP. bitcoin price will not reach 50k within your life span. hahaha. the average life of person is only 60 years and minus your current age, i think you will not avail that price. You must consider the increase of it's price per year and all the factors affecting their price. as of now it's price is not constantly inflating but rather sinking. so if you do the math. you will realize that it is  impossible to happen considering the price is increasing each year because our life is limited. and if that gonna happen, all of us will become a millionaire. hahaha

I do not think so. The bitcoin price has doubled on average every year for the last three years. If the trend continue for the next few years, the price will be $100,000.
Thats impossible the price will double i think the price is still not double because are achieve 400 usd before but the price before the block halving hit 700 value instead of 800 value so i think the price you mention is impossible to happen even you are live longer..

Exactly that price is impossible to achieve in future as we are seeing that bitcoin is really taking time even to touch the price of $1k since long time so $100k is not possible ever.
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August 17, 2016, 06:54:36 PM
 #190

You need to change this title to say "I will live until bitcoin reaches 50k"
The other way is just so morbid and truthfully, may be impossible because you cant decide when its your time to go if its your time its your time and your going.
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August 17, 2016, 07:04:50 PM
 #191

Totally possible, hyperinflation almost seems unavoidable down the road.
If the FED continues its money printing policy like this...

Veltor.
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August 17, 2016, 07:47:53 PM
 #192

easy to say for someone who is undead.

seriously though, we know neither when you will die, nor when (or if) bitcoin will reach 50k

that being said, I do think it's likely bitcoin will reach $50k+ in the reasonably near future, as long as we can agree on how to solve the on-chain scaling and keeping it decentralized and up to date to keep competeitve compared to altcoins.

At this rate, bitcoin is having massive problems and people are sticking their head in the sand and if that keeps going on, an altcoin will replace bitcoin. Either that, or in the best case bitcoin will fork.
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August 17, 2016, 08:00:49 PM
 #193

Lol, 50k isn't going to happen anytime soon. Bitcoin may hit 50k after you die, but that might be impossible.
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August 17, 2016, 08:10:34 PM
 #194

Then you will live forever.  Cool 50k will never happen. When bitcoin reaches 50k$, that simply means USD will be worthless by then. (0.00002btc = 1$) USD will lose value over time, as everything but it will never be worthless as long as USA is there.

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August 17, 2016, 08:12:51 PM
 #195

Seems a bit too insane to every occur, the market will stick around what it is at and float at, lets say 550-610 range for the next couple months.

Only time can tell!




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August 17, 2016, 08:23:52 PM
 #196

Would a Great Depression like-scenario not exponentially increase the value of BTC? Considering hyperinflation and paper-money would becoming worthless. Although, since the value of BTC is intrinsically tied to the dollar, I'm probably wrong.

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Ademen
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August 18, 2016, 11:52:24 AM
 #197

Would a Great Depression like-scenario not exponentially increase the value of BTC? Considering hyperinflation and paper-money would becoming worthless. Although, since the value of BTC is intrinsically tied to the dollar, I'm probably wrong.

When people's saving are to be confiscated due to the banking crisis to help the bail out, people will buy the bitcoin.
EdenHazard
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August 18, 2016, 12:05:34 PM
 #198

Lol, 50k isn't going to happen anytime soon. Bitcoin may hit 50k after you die, but that might be impossible.
it is not impossible , many people was think in 2009 ago when bitcoin created bitcoin will not woth even $100 and even worthless nothing can do with bitcoin etc , but you can see by yourself bitcoin hit $1200+ in 2013 .

from worthless to worthy , and current $500 price are really possible to hit $50k!

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peta4e
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August 18, 2016, 12:06:09 PM
 #199

Seems a bit too insane to every occur, the market will stick around what it is at and float at, lets say 550-610 range for the next couple months.

Only time can tell!

Bitcoin can achieve that price some day in future but no one knows when that exactly time will come, and no one is hoping to see that price and will be satisfied even if it touches $2k in future.
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August 18, 2016, 05:12:25 PM
 #200

It will be 50K in 2025 IMO

In 10 years we will be at 6 figures or we will not be at all. We need to be at 6 figures because that would translate in appropriate growth. 50k is not a real success but a moderate one.
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