bamboylee
|
|
November 09, 2016, 08:02:52 AM |
|
This can happen but not because of bitcoin having a high value but because america has fallen and dollar is very cheap. I do not believe bitcoin will reach $50K in our lifetime. Maybe in the far future, it can happen but we will all be long dead before that happen. I am already happy if ever bitcoin reaches 2K.
|
|
|
|
Denker
Legendary
Offline
Activity: 1442
Merit: 1016
|
|
November 09, 2016, 08:19:55 AM |
|
This can happen but not because of bitcoin having a high value but because america has fallen and dollar is very cheap. I do not believe bitcoin will reach $50K in our lifetime. Maybe in the far future, it can happen but we will all be long dead before that happen. I am already happy if ever bitcoin reaches 2K.
No you're wrong. Bitcoin can reach 5 figures pretty easily without any inflation/hyperinflation of the global fiat currencies. Just have a look at how much money is out there, distributed in several markets and industries.And most of them doesn't show real potential for growth anymore or are manipulated to hold their range and values. Just let half a percent or one percent of all those markets flood into Bitcoin and crypto currencies and you will have a price in the 5 figures very fast.Take a bit of the metals markets, bonds, derivatives, real estate, property, foreign remittances etc. Search a bit in the web and you will realize that 50k might sound crazy to you, but definitely is not unrealistic.And it could be reached in less than 3 decades.I don't know how old you are but I could still be alive then.
|
|
|
|
udet4food
|
|
November 09, 2016, 08:41:03 AM |
|
This can happen but not because of bitcoin having a high value but because america has fallen and dollar is very cheap. I do not believe bitcoin will reach $50K in our lifetime. Maybe in the far future, it can happen but we will all be long dead before that happen. I am already happy if ever bitcoin reaches 2K.
No you're wrong. Bitcoin can reach 5 figures pretty easily without any inflation/hyperinflation of the global fiat currencies. Just have a look at how much money is out there, distributed in several markets and industries.And most of them doesn't show real potential for growth anymore or are manipulated to hold their range and values. Just let half a percent or one percent of all those markets flood into Bitcoin and crypto currencies and you will have a price in the 5 figures very fast.Take a bit of the metals markets, bonds, derivatives, real estate, property, foreign remittances etc. Search a bit in the web and you will realize that 50k might sound crazy to you, but definitely is not unrealistic.And it could be reached in less than 3 decades.I don't know how old you are but I could still be alive then. If the price of bitcoin shoots up to 5 figures, wouldn't people that had bitcoin earlier- people like satoshi nakamoto- be rich af? He has ~1mil bitcoins and if bitcoin goes up to 50k, then he would have $50,000,000,000... What incentive is there for buyers to push bitcoin up that high? And how much would bread cost when that happens?
|
|
|
|
uname
|
|
November 09, 2016, 09:19:10 AM |
|
This can happen but not because of bitcoin having a high value but because america has fallen and dollar is very cheap. I do not believe bitcoin will reach $50K in our lifetime. Maybe in the far future, it can happen but we will all be long dead before that happen. I am already happy if ever bitcoin reaches 2K.
yeah I do not think bitcoin can cost as high as it was when the price of the dollar is strong and there is no event or any event in the world, I'm sure the price of bitcoin will not be more than $ 1,000
|
|
|
|
freedomgo
Legendary
Offline
Activity: 3206
Merit: 1152
Fully Regulated Crypto Casino
|
|
November 09, 2016, 10:22:57 AM |
|
This can happen but not because of bitcoin having a high value but because america has fallen and dollar is very cheap. I do not believe bitcoin will reach $50K in our lifetime. Maybe in the far future, it can happen but we will all be long dead before that happen. I am already happy if ever bitcoin reaches 2K.
yeah I do not think bitcoin can cost as high as it was when the price of the dollar is strong and there is no event or any event in the world, I'm sure the price of bitcoin will not be more than $ 1,000 How sure are you with that? I do not think there is a limitation of the price of bitcoin as it is the people who supported bitcoin will dictate the price. We have already surpass that price in the past so I do think we will not be able to achieve that again.
|
|
|
|
Sanekavg13
|
|
November 09, 2016, 10:33:38 AM |
|
This can happen but not because of bitcoin having a high value but because america has fallen and dollar is very cheap. I do not believe bitcoin will reach $50K in our lifetime. Maybe in the far future, it can happen but we will all be long dead before that happen. I am already happy if ever bitcoin reaches 2K.
yeah I do not think bitcoin can cost as high as it was when the price of the dollar is strong and there is no event or any event in the world, I'm sure the price of bitcoin will not be more than $ 1,000 Bitcoin Price does not depend on the dollar and on its stability. So I think that really what Bitcoin is worth much more than $ 1,000
|
|
|
|
carlfebz2
|
|
November 09, 2016, 10:34:47 AM |
|
This can happen but not because of bitcoin having a high value but because america has fallen and dollar is very cheap. I do not believe bitcoin will reach $50K in our lifetime. Maybe in the far future, it can happen but we will all be long dead before that happen. I am already happy if ever bitcoin reaches 2K.
yeah I do not think bitcoin can cost as high as it was when the price of the dollar is strong and there is no event or any event in the world, I'm sure the price of bitcoin will not be more than $ 1,000 I do agree with you, there are really some speculation of bitcoins price which seems too unrealistic to consider as you mentioned its not possible for bitcoin to reach up as OP speculated for about $50k per coin. Even if we say that making the full adoption of bitcoin it wont still reach up this amount. If it really does reach this amount it would take centuries for sure , if bitcoin is still alive.
|
|
|
|
Positid
Sr. Member
Offline
Activity: 378
Merit: 250
BULL RUN until 2030
|
|
November 09, 2016, 11:51:10 AM |
|
This can happen but not because of bitcoin having a high value but because america has fallen and dollar is very cheap. I do not believe bitcoin will reach $50K in our lifetime. Maybe in the far future, it can happen but we will all be long dead before that happen. I am already happy if ever bitcoin reaches 2K.
yeah I do not think bitcoin can cost as high as it was when the price of the dollar is strong and there is no event or any event in the world, I'm sure the price of bitcoin will not be more than $ 1,000I do agree with you, there are really some speculation of bitcoins price which seems too unrealistic to consider as you mentioned its not possible for bitcoin to reach up as OP speculated for about $50k per coin. Even if we say that making the full adoption of bitcoin it wont still reach up this amount. If it really does reach this amount it would take centuries for sure , if bitcoin is still alive. Let's see what the future can bring, but for $1,000 it's easy to make that happen as we are in the $700 range now and we are close to $800. I believe in the next few months including next year, we can see that price and let's just hope price will continue to rise.
|
| . .Duelbits. | | | ▄████▄▄ ▄█████████▄ ▄█████████████▄ ▄██████████████████▄ ▄████▄▄▄█████████▄▄▄███▄ ▄████▐▀▄▄▀▌██▄█▄██▐▀▄▄▀▌███ ██████▀▀▀▀████▀███▀▀▀▀█████ ▐████████████■▄▄▄■██████████▀ ▐██████████████████████████▀ ██████████████████████████▀ ▀███████████████████████▀ ▀███████████████████▀ ▀███████████████▀ | | | | | | ▄▀▄ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █▀▀▀▀▀█ ▀█▀█▀ █▄█ █▄█ | | ▄▀▄ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █▀▀▀▀▀█ ▀█▀█▀ █▄█ █▄█ | | | . ▄ ▄▄▀▀▀▀▄▄ ▄▀▀▄ █ █ ▀▄ █ ▄█▄ ▀▄ █ ▄▀ ▀▄ ▀█▀ ▄▀ ▀█▄▄▄▀▀ ▀ ▄▀ ▄▀ ▄▀ ▀▄ ▄▀▀ Live Games | | ▄▄▀▀▀▀▀▀▀▄▄ ▄▀ ▄▄▀▀▀▀▀▄▄ ▀▄ ▄▀ █ ▄ █ ▄ █ ▀▄ █ █ ▀ ▀ █ █ ▄▄▄ █ ▀▀▀▀▀▀▀▀▀▀▀▀▀ █ █ █ █▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█ █▄█ █ ▀▀█ ▀▀█ ▀▀█ █ █▄█ █ █ █ █ █ █ █ Slots | | . ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▄ █ ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ █ ▄▄ █ █ █ █ █ █ ▄▀▀▄▀▀▄ █ █ █ ▀▄ ▄▀ █ █ █ ▀▄▀ █ ▀▀ █ Blackjack | | . ▄▄▀█████▀▄▄ ▄▀▀ █████ ▄▄▀▀▄ ███▄ ▄█████▄▀▀▄███ ██████▀▀ ▀▀██████ █ ▀▀██▀ ▀▄ ▄▀ ▀██▀▀ █ █ █ ███ █ █ █ ▄▄██▄ ▄▀ ▀▄ ▄██▄▄ █ ██████▄▄ ▄▄██████ Roulette | | . █▀▀▀▄ ▄▀▀▀█ █ ▀▄ ▀▄ ▄▀ ▄▀ █ ▀▄ ▀▄ ▀▄ ▄▀ ▄▀ ▄▀ ▀▄ ▀▄ ▀▄ ▀ ▄▀ ▄▀ ▀▄ ▀▄ ▀▄ ▀ ▄▀ ▄ ▀▄ ▀▄ ▀▄ ▄ █ ▀▄ ▀▄ ▀ ▄▀ █ ▄▀▄ ▀▄ ▀ ▄▀ ▄▀▄ Dice Duels |
|
|
|
anavuajna
|
|
November 09, 2016, 07:57:34 PM |
|
This can happen but not because of bitcoin having a high value but because america has fallen and dollar is very cheap. I do not believe bitcoin will reach $50K in our lifetime. Maybe in the far future, it can happen but we will all be long dead before that happen. I am already happy if ever bitcoin reaches 2K.
yeah I do not think bitcoin can cost as high as it was when the price of the dollar is strong and there is no event or any event in the world, I'm sure the price of bitcoin will not be more than $ 1,000I do agree with you, there are really some speculation of bitcoins price which seems too unrealistic to consider as you mentioned its not possible for bitcoin to reach up as OP speculated for about $50k per coin. Even if we say that making the full adoption of bitcoin it wont still reach up this amount. If it really does reach this amount it would take centuries for sure , if bitcoin is still alive. Let's see what the future can bring, but for $1,000 it's easy to make that happen as we are in the $700 range now and we are close to $800. I believe in the next few months including next year, we can see that price and let's just hope price will continue to rise. I also think that the price will rise. But it is not sure that this price ever reaches 50k. I do not know what is going to happen that happen. Everything has its limit
|
|
|
|
el kaka22
Legendary
Offline
Activity: 3626
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
|
|
November 10, 2016, 07:07:52 AM |
|
This can happen but not because of bitcoin having a high value but because america has fallen and dollar is very cheap. I do not believe bitcoin will reach $50K in our lifetime. Maybe in the far future, it can happen but we will all be long dead before that happen. I am already happy if ever bitcoin reaches 2K.
yeah I do not think bitcoin can cost as high as it was when the price of the dollar is strong and there is no event or any event in the world, I'm sure the price of bitcoin will not be more than $ 1,000I do agree with you, there are really some speculation of bitcoins price which seems too unrealistic to consider as you mentioned its not possible for bitcoin to reach up as OP speculated for about $50k per coin. Even if we say that making the full adoption of bitcoin it wont still reach up this amount. If it really does reach this amount it would take centuries for sure , if bitcoin is still alive. Let's see what the future can bring, but for $1,000 it's easy to make that happen as we are in the $700 range now and we are close to $800. I believe in the next few months including next year, we can see that price and let's just hope price will continue to rise. I also think that the price will rise. But it is not sure that this price ever reaches 50k. I do not know what is going to happen that happen. Everything has its limit I agree that everything might have its limits, so similarly bitcoin may have its limits beyond 50k price level too, yes we cannot say that bitcoin may fall within the limit before reaching 50k price levels. In my personal opinion, I am saving bitcoin for my retirement life for the target price of 10 million usd for one bitcoin.
|
|
|
|
jossiel
|
|
November 10, 2016, 07:33:12 AM |
|
I also want a price bitcoin 50k. But we have to talk reality for bitcoin continue to fluctuate. Bitcoin is not possible to have the price of it, I think it was thinking too much. Even if the price of bitcoin be 50k definitely value of the dollar and other currencies will also increase large, it is not good for the economy of each country. I believe bitcoin prices will always go up but it's as high as I do not think so.
So you will not die too until the price reaches $50k? But of course all of us wants that to happen, but let's get it real. Because it is very far to the close range of the price that we are into today, so the price is $725+ today. And that is very far from the truth and better if we speculate close to that amount.
|
|
|
|
deisik
Legendary
Offline
Activity: 3500
Merit: 1280
English ⬄ Russian Translation Services
|
|
November 10, 2016, 08:46:49 AM |
|
If the price of bitcoin shoots up to 5 figures, wouldn't people that had bitcoin earlier- people like satoshi nakamoto- be rich af? He has ~1mil bitcoins and if bitcoin goes up to 50k, then he would have $50,000,000,000... What incentive is there for buyers to push bitcoin up that high? And how much would bread cost when that happens? Money is not wealth. Real wealth is, for example, power but you can't buy it directly with money, though it can help greatly if used wisely. Bill Gates is said to be the richest man in the world (or whoever is claimed to hold the title right now) having 100B dollars of wealth, but this doesn't mean that he has that amount of money in his bank account. It is mostly in the form of property of property rights... In other words, if you had an unlimited source of money, could you easily buy the whole world?
|
|
|
|
uname
|
|
November 10, 2016, 09:05:24 AM |
|
This can happen but not because of bitcoin having a high value but because america has fallen and dollar is very cheap. I do not believe bitcoin will reach $50K in our lifetime. Maybe in the far future, it can happen but we will all be long dead before that happen. I am already happy if ever bitcoin reaches 2K.
yeah it could happen if the dollar will die along with the destruction of America, but to the destruction of the American myself I think it is impossible, you know America is the strongest country
|
|
|
|
n0ne
|
|
November 11, 2016, 09:51:00 AM |
|
This can happen but not because of bitcoin having a high value but because america has fallen and dollar is very cheap. I do not believe bitcoin will reach $50K in our lifetime. Maybe in the far future, it can happen but we will all be long dead before that happen. I am already happy if ever bitcoin reaches 2K.
yeah it could happen if the dollar will die along with the destruction of America, but to the destruction of the American myself I think it is impossible, you know America is the strongest country Dollar won't die at any instance because it took years of hard times to reach such a position. Destruction of the country too won't happen as they are the strongest, though they have less population compared to most other countries. Over the future bitcoin and dollar will compete hard to be the leader.
|
|
|
|
mirakal
Legendary
Offline
Activity: 3234
Merit: 1291
Leading Crypto Sports Betting & Casino Platform
|
|
November 14, 2016, 08:37:22 AM |
|
This can happen but not because of bitcoin having a high value but because america has fallen and dollar is very cheap. I do not believe bitcoin will reach $50K in our lifetime. Maybe in the far future, it can happen but we will all be long dead before that happen. I am already happy if ever bitcoin reaches 2K.
yeah it could happen if the dollar will die along with the destruction of America, but to the destruction of the American myself I think it is impossible, you know America is the strongest country Dollar won't die at any instance because it took years of hard times to reach such a position. Destruction of the country too won't happen as they are the strongest, though they have less population compared to most other countries. Over the future bitcoin and dollar will compete hard to be the leader. Who says dollar would die, it was created before bitcoin and bitcoin relies primarily on fiat. If dollar will gone in circulation then probably bitcoin will be the first to suffer a crisis, we do not to compare both as we know dollar is more superior. Going back, if the price will not reach 50k the OP will not die then he needs to be immortal.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
TheGodFather
|
|
November 14, 2016, 02:12:51 PM |
|
wow, that's a quite huge amount well we can't say it will not happen but if that's happen the economy will be imbalance that's why it should never get that amount of value per bitcoin we need to balance our economy. if btc will reach that kind of amount im sure the prices of the goods in our economy will raise too just like foods, shelter, water, oil, clothes and many more. that's why it should be balance and don't hit that kind of value because it is impossible
|
|
|
|
deisik
Legendary
Offline
Activity: 3500
Merit: 1280
English ⬄ Russian Translation Services
|
|
November 14, 2016, 02:29:36 PM |
|
Who says dollar would die, it was created before bitcoin and bitcoin relies primarily on fiat. If dollar will gone in circulation then probably bitcoin will be the first to suffer a crisis, we do not to compare both as we know dollar is more superior.
Going back, if the price will not reach 50k the OP will not die then he needs to be immortal.
One of the first Bitcoin adopters (I don't remember his name though) who was lucky enough to mine heaps of bitcoins when Bitcoin was not worth a dime died a few years ago from some incurable decease, and his early mined bitcoins allowed him to pay for his body being frozen with the hope that somewhere in the distant future he will be successfully resuscitated and his health fully restored by the future medicine. In this way, if the OP has enough Bitcoins, he may not actually die completely even if it takes a few hundred years till we get there... The lesson to take home is that if you want to be immortal keep your bitcoins tight
|
|
|
|
Mastsetad
|
|
November 14, 2016, 02:35:27 PM |
|
wow, that's a quite huge amount well we can't say it will not happen but if that's happen the economy will be imbalance that's why it should never get that amount of value per bitcoin we need to balance our economy. if btc will reach that kind of amount im sure the prices of the goods in our economy will raise too just like foods, shelter, water, oil, clothes and many more. that's why it should be balance and don't hit that kind of value because it is impossible
The price of bitcoin would probably keep growing with the time and the situations, if the price of bitcoin really reaches to a place like that then the situations in the physical world wont be less then that, so we should not be worried about something like this that it might imbalance the economic system around us.
|
|
|
|
J Gambler
|
|
November 14, 2016, 02:58:41 PM |
|
You're going to die haha now joke i don't really think that bitcoin will get into this price in the future why we are going to believe this things that bitcoin will be in this and will reach at least 50k ? Per bitcoin i do not think so that will going to happen but in the next generation maybe in the year of 2030?
|
Y U MAD AT ME
|
|
|
pereira4
Legendary
Offline
Activity: 1610
Merit: 1183
|
|
November 14, 2016, 04:26:04 PM |
|
We will for sure not only see 50k, but 100k, during the next 10 to 20 years. Once bitcoin starts rising it's going to do several orders of magnitude in a matter of hours. Right now the marketcap is only 10 billion dollars, this is absolutely nothing in the grand scheme of things.
|
|
|
|
|