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

[Digitalbitcoin]

I checked comment on post.

No one explained or even discussed about formulation of bitcoin, and halving of bitcoin.

These things are the base sources of bitcoin formulation.

Already third halving happened. and current price for per block reward is 12.5 same way it will decrease by 50% in next halving same way it will finish mining by soon as more and more computing power is contributed so difficulty level is increasing.

In other way altcoins are also generated by mining and exchanged with bitcoin. So transactions happen and if we see fee structure now a days fees also increased.

It taking to increase of bitcoin price surely.

[Ademen]

I checked comment on post.

No one explained or even discussed about formulation of bitcoin, and halving of bitcoin.

These things are the base sources of bitcoin formulation.

Already third halving happened. and current price for per block reward is 12.5 same way it will decrease by 50% in next halving same way it will finish mining by soon as more and more computing power is contributed so difficulty level is increasing.

In other way altcoins are also generated by mining and exchanged with bitcoin. So transactions happen and if we see fee structure now a days fees also increased.

It taking to increase of bitcoin price surely.

Halving of the bitcoin is not the driving force of the bitcoin price rise. It is the usage of the bitcoin which is most important.

[sabbirshm]

well, 50K is a very big amount and I think its not going to happen so fast.Bitcoim has an ups & down on it's way and its too difficult to reach 50K. I wish it happen before my dead.

[Ayers]

I checked comment on post.

No one explained or even discussed about formulation of bitcoin, and halving of bitcoin.

These things are the base sources of bitcoin formulation.

Already third halving happened. and current price for per block reward is 12.5 same way it will decrease by 50% in next halving same way it will finish mining by soon as more and more computing power is contributed so difficulty level is increasing.

In other way altcoins are also generated by mining and exchanged with bitcoin. So transactions happen and if we see fee structure now a days fees also increased.

It taking to increase of bitcoin price surely.

Halving of the bitcoin is not the driving force of the bitcoin price rise. It is the usage of the bitcoin which is most important.

the halving is there to allow an increase imho, it force a pump, it's good in this sense because if you force a pump, newbie will come like pigeons, to not lose the train

[n691309]

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.

Tried to find an exact number how many people in the world use currency but couldn't find something concrete but if bitcoin gets the popularity which has the fiat now then it should be something enormous good happening with bitcoin, a good investment for people and some years to reach this trust.

[zimmah]

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

Those who live on credit would benefit a lot from crashing the dollar price and buying bitcoin.    

Because the less value the dollar has, the cheaper it will be for you to pay of your credit.

Also 100 million users is not a lot at all compared to the world population.

[albert11]

We have such interesting times ahead that I have stopped smoking. I want to live longer to see how everything pans out.

[tabas]

We have such interesting times ahead that I have stopped smoking. I want to live longer to see how everything pans out.

Well that is why you really need to take care of your health and if you are going to die without witnessing the price of bitcoin to reach $50k then that is going to be one of your sad moments while most of the bitcoin users are going to enjoy that day if that is going to happen. I hope this is going to happen few years from now.

[VanDeinsberg12]

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.

I don't whink for giving a serious feedback for this and according from fact this is just like a troll, for my personally. please considering about fact in a real life and that is just in a dream.

[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

Those who live on credit would benefit a lot from crashing the dollar price and buying bitcoin.   

Because the less value the dollar has, the cheaper it will be for you to pay of your credit

You obviously totally ignore the other side of the equation. That is, to buy bitcoins, you would still need dollars (which you use to pay back the loan). And forget at that about the simple truth that collapsing dollar will necessarily lead not only to a surge in the Bitcoin price (which should be self-evident) but also to an overall hyperinflation in prices of virtually everything. So, even if they could pay back their loans with cheaper dollars (which is a big question in and of itself), they will still end up poorer (read farther from buying bitcoins)...

In this way, I don't think that buying bitcoins will be an option for all these people

[AdolfinWolf]

Sorry to say this to you, but there are 16 million bitcoins in circulation. If one bitcoin would be worth 50k, Either money inflated with 1000%, Or you guys would be all rich, which isn't "possible", because there are so many people holding bitcoin.

[praprata]

Well I hope so for you that you won't die until it reaches 50k. I think I will though lol 50k is such a unrealistic price for 1btc.
It will never get to that point imo it doesn't have the power for that. But it might reach 10k we will see I think that's even far fetched though it's not even 1k right now.

[pereira4]

According to calculations made with the available data from world's debt, stocks and other assets like gold, we only need 1% of that in Bitcoin and we already are at 50k, and once that happens, another 1% is easily achievable due inertia, which means 100k is around the corner. Hold long term and reap the benefits of being a pioneer.

[passwordnow]

Sorry to say this to you, but there are 16 million bitcoins in circulation. If one bitcoin would be worth 50k, Either money inflated with 1000%, Or you guys would be all rich, which isn't "possible", because there are so many people holding bitcoin.

Because they are hoping that if they are going hold bitcoins for a long time and going to make it reach to $50k for sure we are going to become rich people. But if you think that it is not possible then I would say that it is going to be possible as the market of bitcoin is getting wider and stronger each day that is happening.

[ImHash]

I believe if we want to see bitcoin to reach as high as $50,000 per BTC then we should start to think about it's development stability, not like other coins they decided to fork it and no body could have a saying.

People will never enter in bitcoin unless they can be insured by some central authority, I'm not saying some one should control the system but not all people think the same way.

For example: what happens if I put my $400 million dollars into bitcoin and one day I wake up and see some one decided to do something to the code and it went wrong and now all I have left with is less than $300 million?

Where can I go to demand answers?
How can I blame anyone? while there is no one to blame or if there are some few people responsible for my loss then they can't refund my $100 million.

I put my money in the bank and if someone robs the bank I can sit and relax as I know my money is still safe but what happens someone robs my bitcoins?

[carlfebz2]

I believe if we want to see bitcoin to reach as high as $50,000 per BTC then we should start to think about it's development stability, not like other coins they decided to fork it and no body could have a saying.

People will never enter in bitcoin unless they can be insured by some central authority, I'm not saying some one should control the system but not all people think the same way.

For example: what happens if I put my $400 million dollars into bitcoin and one day I wake up and see some one decided to do something to the code and it went wrong and now all I have left with is less than $300 million?

Where can I go to demand answers?
How can I blame anyone? while there is no one to blame or if there are some few people responsible for my loss then they can't refund my $100 million.

I put my money in the bank and if someone robs the bank I can sit and relax as I know my money is still safe but what happens someone robs my bitcoins?

Very well said but it really depends on you on how do you trust Bitcoin and how much money would you intend to put in it and also there's no such thing that Bitcoin could be manipulated or being stolen unless if you give the passkey of your wallet then it's sure loss. If you hold huge amounts then you could make your own bank buy hardware wallet and keep it on a safe then sit back and relax.

[Rostadom]

It's only okay to be optimistic with the Bitcoin's price. It is okay to picture out that Bitcoin will rise a lot years from now because that would surely be happening. But if you picture out Bitcoin having 50K each before you reach the end of your lifetime, then you're over-optimistic. To be honest, that positive thinking is way too much. We don't know when are you going to die but surely Bitcoin wouldn't be 50K at that point. It's too far from the current price.

[Latnand]

It's only okay to be optimistic with the Bitcoin's price. It is okay to picture out that Bitcoin will rise a lot years from now because that would surely be happening. But if you picture out Bitcoin having 50K each before you reach the end of your lifetime, then you're over-optimistic. To be honest, that positive thinking is way too much. We don't know when are you going to die but surely Bitcoin wouldn't be 50K at that point. It's too far from the current price.

I think it will not take that long for the bitcoin price to reach $50,000. It might take between 10 to 20 years.

[deisik]

People will never enter in bitcoin unless they can be insured by some central authority, I'm not saying some one should control the system but not all people think the same way.

For example: what happens if I put my $400 million dollars into bitcoin and one day I wake up and see some one decided to do something to the code and it went wrong and now all I have left with is less than $300 million?

Where can I go to demand answers?
How can I blame anyone? while there is no one to blame or if there are some few people responsible for my loss then they can't refund my $100 million.

I put my money in the bank and if someone robs the bank I can sit and relax as I know my money is still safe but what happens someone robs my bitcoins?

So far only governments have been stealing value from their citizens' money either by gradual, steady process of inflation or through instantaneous, out-of-the-blue devaluations. You are fantasizing about waking up one day and having your bitcoins devalued by some 25% while people in some countries actually had been waking up one morning and had their savings essentially stolen by the government...

I strongly advise you to learn more about confiscatory monetary reforms

[newcoins1978]

I am sure they can never be $50k per 1 bitcoin. It is unbelievable.

I hope that you are able to hold on for that long because we do not know when the price is  going to be that high and if the price is going to reach it.
Maybe the Bitcoin will never be that high and then you will just keep waiting.