Bitcoin Forum
May 10, 2024, 05:54:45 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 [4] 5 6 7 8 9 »  All
  Print  
Author Topic: $10,000,000 by 2028  (Read 1507 times)
richardsNY
Legendary
*
Offline Offline

Activity: 1232
Merit: 1091


View Profile
July 03, 2018, 06:56:08 PM
 #61

I'm sure Satoshi expected bitcoin to reach a very high price.  There's a reason we have so many decimal points.  Who knows, in the future we could be talking in satoshis instead of dollars.  Imagine one satoshi being one dollar  We are still in the early stages in regards to mainstream adoption.  there is still a ton of room for growth.  Right now we are at a 250 billion marketcap which is very small compared to global currency supply

Satoshi didn't expect anything from Bitcoin initially. His main point was that Bitcoin would either succeed or not. Looking at how strong Bitcoin is and the ecosystem around it, it has done exceptionally well and we have much more to gain in the coming years. If lightning network becomes a viable micro transacting layer, and I am confident that it will be, then Bitcoin adoption will literally explode. More people will want to use a tool that can't be messed with by financial services and governments, and Bitcoin offers that. If lightning network on top of that turns Bitcoin into an every day currency as well, then people won't even need to use fiat anymore....
1715320485
Hero Member
*
Offline Offline

Posts: 1715320485

View Profile Personal Message (Offline)

Ignore
1715320485
Reply with quote  #2

1715320485
Report to moderator
1715320485
Hero Member
*
Offline Offline

Posts: 1715320485

View Profile Personal Message (Offline)

Ignore
1715320485
Reply with quote  #2

1715320485
Report to moderator
The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715320485
Hero Member
*
Offline Offline

Posts: 1715320485

View Profile Personal Message (Offline)

Ignore
1715320485
Reply with quote  #2

1715320485
Report to moderator
gamalzour
Full Member
***
Offline Offline

Activity: 566
Merit: 102



View Profile
July 05, 2018, 07:21:35 AM
 #62

I believe that the prediction for Bitcoin market capitalisation in the next decade is too high and if the market capitalisation should be up to that amount it then means Bitcoin market value will up to like a hundred thousand dollars per one which seems impossible in my own believe.
No you are wrong the price will be $1000000000. What nonsense you are talking about. People like you want to waste the time. The augment is out of content and has no value at all. What you people think what is bitcoin. Bitcoin is just a usable currency and not for earning more money. You can say that in 2028 the whole world will use bitcoin as their regular currency.
Pan Troglodytes
Member
**
Offline Offline

Activity: 392
Merit: 39


View Profile
July 05, 2018, 11:00:46 AM
 #63

I'll make a counter prediction.

By 2028 Bitcoin will be dead, buried and illegal superseded by government/central bank issued crypto.

Haha I laughed myself sick at that.

However, I think that both predictions (as usually happen with extreme predictions) are not most accurate. I predict the price to be someher between 100k and 1m range and it is based on observing the coin supply cap and extrapolating it into this real world we are having today.

The only stopper to my prediction is Bitcoin's failing as electronic money, which may hinder the general adoption and all my reasoning (and OP's reasoning as well) may fail.
Ngemmeng
Full Member
***
Offline Offline

Activity: 1106
Merit: 100


View Profile
July 05, 2018, 12:04:53 PM
 #64

no one knows the bitcoin price in the next 10 years, it could be the price of bitcoin collapsed because it hit a lot of negative news. but the other painful thing is that nobody will listen to your predictions.
sumanto
Full Member
***
Offline Offline

Activity: 462
Merit: 100



View Profile
July 05, 2018, 04:23:04 PM
 #65

it seems so unlikely that you do not expect to be able to touch the price as expensive or the volume rises as high as that because I'm sure it will not be possible bitcoin will experience a movement that is very less than you mentioned.
vickybitcoin
Newbie
*
Offline Offline

Activity: 149
Merit: 0


View Profile
July 05, 2018, 04:49:54 PM
 #66

That's right, im making the prediction. In 10 years Bitcoin will have a marketcap of several trillions. Most fiat sitting in dumb places like bonds, derivatives, idiotic stocks, easy to counterfeit metals such as silver and gold... will be sitting on the capital B blockchain.

We'll go parabolic in ways never fathomed before. After we gross the first million barrier it will open Pandora's box. Minds will be blown, everything will become possible. Anyone not holding wealth in Bitcoin will have their goods at constant systemic risk.

Go all in and hold.
I hope so!  and mahbe more!  the potential of bitcoin is endless and great i cant imagine it actually. With a limited bitcoin  the price will on keep increasing.  Right now people has not realize this but bitcoin is a very powerful tool link us all world wide. And it might become the new currency soon.
pereira4
Legendary
*
Offline Offline

Activity: 1610
Merit: 1183


View Profile
July 05, 2018, 05:07:09 PM
 #67

An interesting exercise is to use this website to try to draw a curve all the way up to the $10,000,000 goal price by 2028:

https://bircoin.top/

Use the options in there below and put the starting price of today and until december 31 of 2028 as the last valid day and the algorithmic curve looks nice, it's not too far from the curve of McAfee's $1,000,000 by 2020 prediction.
Bezobraznike
Sr. Member
****
Offline Offline

Activity: 1274
Merit: 261


★Bitvest.io★ Play Plinko or Invest!


View Profile
July 05, 2018, 05:22:43 PM
 #68

   10 millions in just 10 years sounds impossible. Same like 20 thousand dollars sounded impossible 9 years ago,
and it happened. I believe in trillion dollars market cap, we are heading there. Before 2028 there will be halving
in 2020, then again cutting rewards in 2024 and in 2028 once more.
    Cutting supply in half every four years needs to lead price very high with same demand, but when institutions
get into bitcoin demands will go high supply is going down, price have a chance to go up to 10 millions, maybe
chances looks small in this moment, but there are some chances.



BIG WINNER!
[15.00000000 BTC]


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████
▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░▄███
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████
██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░
▀██░▄▄▄▄░████▄▄██▄░░░░
▄████████████▀▀▀▀▀▀▀██▄
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄
▀██░████████░███████░█▀
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████
▀████████████████████▀




Rainbot
Daily Quests
Faucet
Macinto$h
Member
**
Offline Offline

Activity: 546
Merit: 12


View Profile
July 05, 2018, 08:17:14 PM
 #69

This is a very optimistic forecast. I am somewhat reminded of this by the forecasts of McAfee. Although of course 10 years is very much. For 10 years, much can happen and maybe it will happen.
phpartisanmaster
Member
**
Offline Offline

Activity: 350
Merit: 10


View Profile
July 05, 2018, 08:56:42 PM
 #70

no one knows the bitcoin price in the next 10 years, it could be the price of bitcoin collapsed because it hit a lot of negative news. but the other painful thing is that nobody will listen to your predictions.

In my own opinion, it can reach for over $100k dollars per coin but i do not think that it can actually manage to increase up to $10m dollars because the growth is too  slow today.
magneto
Hero Member
*****
Offline Offline

Activity: 1666
Merit: 753


View Profile
July 05, 2018, 10:06:27 PM
 #71

I can't say that it's impossible, but it's definitely very unlikely to happen.

It would require a worldwide adoption of bitcoin as a everyday and reserve currency, and the inflation of fiat to be accelerated many times to what it is right now. If we're talking about real value here (inflation accounted for), I think it's not possible for BTC even in the most bullish scenarios to reach the value that you're predicting by any stage.

That said, I am pretty bullish on BTC despite the bear market currently. I think that there is a real possibility that we'll see a massive adoption wave coming in at as soon with merchants and banking services all starting to adopt the currency, and as demand grows, so will the underlying value of BTC. But as I said, $10 million seems too far fetched at the moment to be considered reasonable, unless some sort of mass depreciation on the same scale as Zimbabwe happens over the next decade.
BitHodler
Legendary
*
Offline Offline

Activity: 1526
Merit: 1179


View Profile
July 05, 2018, 10:18:18 PM
 #72

In my own opinion, it can reach for over $100k dollars per coin but i do not think that it can actually manage to increase up to $10m dollars because the growth is too  slow today.
Well, thinking conservatively is like underestimating Bitcoin. You have to look at the bigger picture, what's Bitcoin with its $110 billion market cap compared to other assets with multiple trillion dollar market caps? Nothing.

Bitcoin is literally a joke as it is right now. When institutions go nuts on Bitcoin and start to fomo as well, you'll get to see market action that is nothing like what retail traders have been doing with the market.

If Bitcoin is being treated as gold, then the positions taken into Bitcoin will be focused on the very long term. If Tim Draper's target becomes reality, Bitcoin's market cap will be like 60% of gold's market cap. It's definitely possible.

BSV is not the real Bcash. Bcash is the real Bcash.
sana54210
Legendary
*
Offline Offline

Activity: 3192
Merit: 1128


View Profile
July 06, 2018, 06:40:54 AM
 #73

This also depends on devaluation of dollar. If the market of dollar somehow cripples and dollar becomes less valuable at the same time bitcoin becoming more valuable this is possible. Is it probable? No.

It is highly unlikely that one bitcoin can worth that much ever in history, not by 2028, not by 2128 (ok maybe by than dollar would become less valuable and it will be possible) but if we are taking inflation into accord than we can see when the time comes and one bitcoin becomes ten million dollars, ten million dollars will not be worth what it worths today. Yes bitcoin will be more valuable than today, but it will not be that much valuable.
rickadone
Legendary
*
Offline Offline

Activity: 1176
Merit: 1024



View Profile
July 07, 2018, 04:00:54 PM
 #74

I agree that BTC is big invention and it has great potential, for me there is no doubt about it. The problem is only in time, in this case 10 years from now is in my opinion too little time that BTC become global reserve currency. But I do not agree that it can be independent by states, this is something that is very difficult to accomplish.
Well, it is bitcoin and anything is possible. No one could have thought anyway that bitcoin would even surpass $10k last year, let alone $19800. At this stage, I am always prepared for anything either on the positive or the negative side. 2028 is still about 10 years from now, and looking at the way things are going and if we get to see them a lot positive, there is no doubt we could see a huge value on bitcoin, but for now, I guess we just have to wait and see rather than being over optimistic.

This also depends on devaluation of dollar. If the market of dollar somehow cripples and dollar becomes less valuable at the same time bitcoin becoming more valuable this is possible. Is it probable? No.
But, regardless of the buying power of dollars, bitcoin definitely will reach some big peaks on its own. Yes, demand from the community of bitcoins along with the limited supply may do any magic. I am expecting multiple million dollars for one bitcoin before 2025 itself.
LuciferEveningStar
Member
**
Offline Offline

Activity: 322
Merit: 10


View Profile
July 07, 2018, 06:26:05 PM
 #75

That's right, im making the prediction. In 10 years Bitcoin will have a marketcap of several trillions. Most fiat sitting in dumb places like bonds, derivatives, idiotic stocks, easy to counterfeit metals such as silver and gold... will be sitting on the capital B blockchain.

We'll go parabolic in ways never fathomed before. After we gross the first million barrier it will open Pandora's box. Minds will be blown, everything will become possible. Anyone not holding wealth in Bitcoin will have their goods at constant systemic risk.

Go all in and hold.

I am hoping that the price of bitcoins will reach $10m dollars because most of the people today are just investing every time the market is in dip just like what is happening right now.
shayshaylaboogie
Member
**
Offline Offline

Activity: 132
Merit: 10


View Profile
July 07, 2018, 06:52:17 PM
 #76

Are there still people that really believes on this kind of miracles? i dont think that we are going to reach those prices, the market is not looking so good and there are still 10 years left until it happens, why are you so in a hurry at the moment mate?
naidray
Legendary
*
Offline Offline

Activity: 1232
Merit: 1029



View Profile
July 08, 2018, 08:23:12 AM
 #77



On the contrary, I'm not pessimistic but just realistic person. Here we discuss the possibility that 1 BTC can reach value of 10 million $ in next ten years, so 1600+ times from current value to reach to this objective. I do not say it is impossible, but 10 years it too short period of time.


I disagree, I find 10 years an eternity in Bitcoin terms, SO many things can happen in 10 years, anything is possible. 10 years in Bitcoin is like 100 years in the legacy economy. I believe we will go through a period of disbelief in Bitcoin again (as we are seeing now), this may continue for X year, THEN once people realize Bitcoin is immortal the FOMO will kick in in levels never fathomed before, for anyone not wanting to hold their wealth in an immortal store of value will be deemed a fool.
Well, you have said it, so many things CAN happen! I am not disputing the fact that we may get to see this happening, but it would or must have taken a lot from the general fiat market to see this happen. Moreover, it is bitcoin, anything is possible, but as far as we cannot see the future, we may as well just best wait to see what is going to have to happen by then. 10 years is still a lot far from now and a lot could have changed by then, but realistically, $10m sounds a whole lot.
MarquiseMuseum
Member
**
Offline Offline

Activity: 739
Merit: 29

www.MarquiseMuseum.com


View Profile WWW
July 08, 2018, 12:23:09 PM
 #78

Blockchain is converging with emerging technologies like AI. Kurzweils projections along with the other elite science community are aware since decades that humanity is heading for a singularity event within the next 200 years.

Quadrillion dollar gdp before 2035 is within expectation.

People have no clue.

Doesn't mean it will be bitcoin, probably not.

Patent studied 2017 Certified ABT/NFT catalogue
https://waves.exchange/trading/spot/BS1KFNR8zrXKBEWdUUvpaP6G57Hic3aESkwK7qQKdLpB_WAVES
ABTx swap certificate for https://rarible.com/MarquiseMuseum/sale 7.5m tokens per NFT
fullhdpixel
Hero Member
*****
Offline Offline

Activity: 2800
Merit: 608



View Profile
July 11, 2018, 07:35:08 AM
 #79

I believe that the prediction for Bitcoin market capitalisation in the next decade is too high and if the market capitalisation should be up to that amount it then means Bitcoin market value will up to like a hundred thousand dollars per one which seems impossible in my own believe.
No you are wrong the price will be $1000000000. What nonsense you are talking about. People like you want to waste the time. The augment is out of content and has no value at all. What you people think what is bitcoin. Bitcoin is just a usable currency and not for earning more money. You can say that in 2028 the whole world will use bitcoin as their regular currency.
Not sure about this much rise in the value of Bitcoin but experts say that the value will rise from current value to at least 25k dollar by the end of this year or in the next 8 months. This up rise will only possible if we look and focus on our investments to invest further then the rate of demand will go high which will further activate the price of Bitcoin to go high so up rise strength depends upon the market situations.

       ███████████████▄▄
    ██████████████████████▄
  ██████████████████████████▄
 ███████   ▀████████▀   ████▄
██████████    █▀  ▀    ██████▄
███████████▄▄▀  ██  ▀▄▄████████
███████████          █████████
███████████▀▀▄  ██  ▄▀▀████████
██████████▀   ▀▄  ▄▀   ▀██████▀
 ███████  ▄██▄████▄█▄  █████▀
  ██████████████████████████▀
    ██████████████████████▀
       ███████████████▀▀
.
.Duelbits.
.
..THE MOST REWARDING CASINO......
   ▄▄▄▄████▀███▄▄▄▄▄
▄███▄▀▄██▄   ▄██▄▀▄███▄
████▄█▄███▄█▄███▄█▄████
███████████████████████   ▄██▄
██     ██     ██     ██   ▀██▀
██ ▀▀█ ██ ▀▀█ ██ ▀▀█ ██    ██
██  █  ██  █  ██  █  ██
█▌  ██
██     ██     ██     ████  ██
█████████████████████████  ██
████████████████████████████▀
█████████████████████████
█████████████████████████
████████████████████████▌
       +4,000       
PROVABLY FAIR
GAMES
   $500,000   
MONTHLY
PRIZE POOL
      $10,000     
BLACKJACK
GIVEAWAY
lehuong
Newbie
*
Offline Offline

Activity: 168
Merit: 0


View Profile
July 11, 2018, 07:47:15 AM
 #80

It is amazing that in 2028, about 10 years ago, bitcoin prices could soar as the total number of exploitable Bitcoins was 21 million BTC, but they were not available but were exploited over time.
Pages: « 1 2 3 [4] 5 6 7 8 9 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!