Unidonade
Newbie
Offline
Activity: 40
Merit: 0
|
|
September 08, 2016, 08:07:18 AM |
|
1 satoshi costs 100$,, really not bad for dreaming but does not seem to be realistic at all, it is just like a dream of a kid who thinks almost everything impossible or near impossible, maybe bitcoin will reach that point some day, but we wont be alive to see that i guess.
That will only happen when there is very bad inflation of the US currency. Otherwise it will take many centruries to reach that level.
|
|
|
|
iv4n
Legendary
Offline
Activity: 3290
Merit: 1184
|
|
September 08, 2016, 08:34:07 AM |
|
We need a miracle for this price to happen. Interesting headline, and thread is so old that if you see where are we after this time, it will be hard to get to 50k with this speed. I`m not saying its impossible for bitcoin to worth so much "one day", like for 50 years, maybe 100, if bitcoin survive until that time. Who knows what can happen with bitcoin for 10 years? We just can try to predict and guess the future, bitcoin have opportunity to make some changes in world, and with that changes price can go very high. Its how we think when we feel optimistic, I have pessimistic moments also. Its gambling, if there is a chance for 50k, then is a chance for 1 dollar as well.
|
|
|
|
gerXhonza
|
|
September 08, 2016, 08:41:43 AM |
|
1 satoshi costs 100$,, really not bad for dreaming but does not seem to be realistic at all, it is just like a dream of a kid who thinks almost everything impossible or near impossible, maybe bitcoin will reach that point some day, but we wont be alive to see that i guess.
Yeah its an unrealistic value to dream off, I don't think bitcoin has that high potential that it can ever touch the price of $50k, maximum it can go to $10k not more then that.
|
|
|
|
MaritiJames3
|
|
September 08, 2016, 09:25:01 AM |
|
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. I also want to value of the Bitcoin to reach $50,000 but I do not think that I will be around for that long, I would sell all my Bitcoin if the price was at $10,000. I am not patient enough to wait for $50,000 so I would be happy with taking less money.
|
|
|
|
n691309
Legendary
Offline
Activity: 1526
Merit: 1001
|
|
September 08, 2016, 10:24:27 AM |
|
Not likely, the bitcoin price is really hard to reach the target of 50k for each bitcoin, for the moment is a dream for us if bitcoin reaches 1k or 2k USD so I doubt that for this decade bitcoin will reach 50k.
|
|
|
|
Aamir1
|
|
September 08, 2016, 10:36:44 AM |
|
Not likely, the bitcoin price is really hard to reach the target of 50k for each bitcoin, for the moment is a dream for us if bitcoin reaches 1k or 2k USD so I doubt that for this decade bitcoin will reach 50k.
We can't know if where the price of bitcoin can go in coming time maybe after some 50 to 60 years, but for now as you said we would be really lucky if we could reach atleast 2k to 5k near future, that value would be a lot for us too.
|
|
|
|
fireball4
Sr. Member
Offline
Activity: 288
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
|
|
September 08, 2016, 03:43:16 PM |
|
1 satoshi costs 100$,, really not bad for dreaming but does not seem to be realistic at all, it is just like a dream of a kid who thinks almost everything impossible or near impossible, maybe bitcoin will reach that point some day, but we wont be alive to see that i guess.
That will only happen when there is very bad inflation of the US currency. Otherwise it will take many centruries to reach that level. and the huge inflation is going to happen pretty soon in my opinion, i hope that the price is going to be even bigger than 50 k dollars
|
|
|
|
bitbunnny
Legendary
Offline
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
|
|
September 08, 2016, 04:04:17 PM |
|
1 satoshi costs 100$,, really not bad for dreaming but does not seem to be realistic at all, it is just like a dream of a kid who thinks almost everything impossible or near impossible, maybe bitcoin will reach that point some day, but we wont be alive to see that i guess.
That will only happen when there is very bad inflation of the US currency. Otherwise it will take many centruries to reach that level. and the huge inflation is going to happen pretty soon in my opinion, i hope that the price is going to be even bigger than 50 k dollars On what facts or theories do you base this conclusion on inflation? This is a huge price and it will not happen over night just like that. Can you explain a bit more?
|
|
|
|
Latnand
Newbie
Offline
Activity: 20
Merit: 0
|
|
September 09, 2016, 04:50:50 PM |
|
1 satoshi costs 100$,, really not bad for dreaming but does not seem to be realistic at all, it is just like a dream of a kid who thinks almost everything impossible or near impossible, maybe bitcoin will reach that point some day, but we wont be alive to see that i guess.
That will only happen when there is very bad inflation of the US currency. Otherwise it will take many centruries to reach that level. and the huge inflation is going to happen pretty soon in my opinion, i hope that the price is going to be even bigger than 50 k dollars I do not think the big inflation will happen soon. The inflation is very low at the moment. A 1% interest rise will reduce the inflation rate.
|
|
|
|
equator
Legendary
Offline
Activity: 1190
Merit: 1002
|
|
September 09, 2016, 04:56:00 PM |
|
OP, how can you confirm that you wont die until bitcoin reaches atleast 50k, their is no guarantee of anyones life about next second what will happen. and you wanted to see the price minimum to 50k which is i dont think is possible until some major issues happen to fiat currency so that full world shift from fiat currency to bitcoin.
|
|
|
|
Crazygreek
|
|
September 09, 2016, 05:11:30 PM |
|
Optimistic, but i am not sure it's possible, nowdays price is not even $1k, so to reach $50k we need a lot of time and hard work, but i believe on you dude
|
|
|
|
Unidonade
Newbie
Offline
Activity: 40
Merit: 0
|
|
September 15, 2016, 06:35:14 AM |
|
Optimistic, but i am not sure it's possible, nowdays price is not even $1k, so to reach $50k we need a lot of time and hard work, but i believe on you dude That is right. But we are still in the lower part of the S curve. The price rise will accelerate in the next few years.
|
|
|
|
awesome31312
|
|
September 15, 2016, 07:43:27 AM |
|
All I can say is, good luck. Bitcoin is pretty much stagnating at the $500-600 range. At most, it could be worth around $10k within a couple of decades from now
|
Account recovered 08-12-2019
|
|
|
deisik
Legendary
Offline
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
|
|
September 15, 2016, 08:05:26 AM |
|
All I can say is, good luck. Bitcoin is pretty much stagnating at the $500-600 range. At most, it could be worth around $10k within a couple of decades from now
The OP was last active on June 24, 2016, more than two months ago. It seems that he doesn't expect the price to reach $50K any time soon himself and switched into hibernation mode till there is a reason for showing up again... So we may not see him again until a new round of hype starts
|
|
|
|
AlexBits
|
|
September 15, 2016, 08:06:37 AM |
|
Some people are way too ambitious, it will never reach 50k. There will be competition coming there will be bad events happening all these things are unavoidable and will stop bitcoin from reaching 50k. Consider yourselves lucky if it hits 5k.
|
|
|
|
zimmah
Legendary
Offline
Activity: 1106
Merit: 1005
|
|
September 15, 2016, 08:44:22 AM |
|
Look at lal these people who don't even believe 50k is possible.
Be realistic guys. How can bitcoin stay this cheap if we even get 100 million users worldwide?
|
|
|
|
mark coins
|
|
September 15, 2016, 08:52:47 AM |
|
Some people are way too ambitious, it will never reach 50k. There will be competition coming there will be bad events happening all these things are unavoidable and will stop bitcoin from reaching 50k. Consider yourselves lucky if it hits 5k.
That's right and people don't have patience even to hold their coins till it reaches to $5k as most of them will sell their coins even if they see the price of $1k and that will crash the price again.
|
|
|
|
deisik
Legendary
Offline
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
|
|
September 15, 2016, 08:55:54 AM Last edit: September 15, 2016, 09:09:46 AM by deisik |
|
Look at lal these people who don't even believe 50k is possible.
Be realistic guys. How can bitcoin stay this cheap if we even get 100 million users worldwide?
To get realistic you should first explain to us how and when (if ever) the Bitcoin user base gets expanded to 100 million users worldwide. The majority of population in developed countries live on credit. It means that they don't save up anything and are tightly tied to fiat and their credit cards. The rest of world population doesn't live on credit simply because they can't get any credit at all (which doesn't mean that they wouldn't if given an opportunity). People in general are spenders, not savers... The conclusion is that you can safely forget about 100M Bitcoin users for the foreseeable future
|
|
|
|
dinda22
Legendary
Offline
Activity: 1232
Merit: 1000
|
|
September 15, 2016, 09:12:17 AM |
|
Some people are way too ambitious, it will never reach 50k. There will be competition coming there will be bad events happening all these things are unavoidable and will stop bitcoin from reaching 50k. Consider yourselves lucky if it hits 5k.
That's right and people don't have patience even to hold their coins till it reaches to $5k as most of them will sell their coins even if they see the price of $1k and that will crash the price again. You are right. most of us will not be strong when looking at the price of $1k to sell immediately. I look when in 2013, when the price reaches over $1000 and the price did not last long. then slowly down. to be honest, I myself will sell all my bitcoin when the price reaches $1k, no matter it is going up, but I'm sure it will be decreased. like this year, the highest price reached $750 and it did not last long and then come down and until now difficult to reach the back
|
|
|
|
skyway1
|
|
September 15, 2016, 02:13:15 PM |
|
Not likely, the bitcoin price is really hard to reach the target of 50k for each bitcoin, for the moment is a dream for us if bitcoin reaches 1k or 2k USD so I doubt that for this decade bitcoin will reach 50k.
You are right that bitcoin price is really hard to reach 50K , but sometime i thinking that it can be possible that bitcoin price reach to 50k if bitcoin adoption more increase and everyone start to use bitcoin than their currency.
|
|
|
|
|