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Author Topic: What will be the maximum price of bitcoin in your opinion.  (Read 1747 times)
jrrsparkles (OP)
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September 04, 2018, 05:39:40 PM
 #1

I knows that it is impossible to predict the maximum value of bitcoin but this thread was intented to express your opinion about the maximum price of bitcoin!

In my opinion the price of bitcoin will reach upto $1M as lot other says,no technocal analysis or based nothing just my opinion. Smiley









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September 04, 2018, 06:14:24 PM
Merited by pitiflin (5)
 #2

You're thinking wrong. The ultimate goal is to not have any direct connection with fiat, but to have 1 satoshi be a unit of value on its own. That's my prediction.

By the time Bitcoin reaches $1 million (as per your prediction), fiat has likely taken a massive dive, which will directly mean that Bitcoin's $1 million valuation might be worth just $50,000-$100,000 in today's purchasing power value. Fiat in terms of purchasing power is stricly one way traffic down to the south, and governments can (and likely will) speed up the process of value loss by messing up.

We have to step over that. Bitcoin is our one time opportunity to actually force through a significant change in the way we see and use money.
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September 04, 2018, 06:21:47 PM
 #3

I knows that it is impossible to predict the maximum value of bitcoin but this thread was intented to express your opinion about the maximum price of bitcoin!

In my opinion the price of bitcoin will reach upto $1M as lot other says,no technocal analysis or based nothing just my opinion. Smiley

1 Million Zimbabwe dollar you mean right? Oh USD?
And based on what? You can't make a thread to tell us you think the Bitcoin value will hit 1 mln without giving us arguments and why you think so. Me too I can say Bitcoin will be 1 trillion in 3 weeks

"...as lot other says..." A lot where, here? Cheesy

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September 04, 2018, 11:51:54 PM
 #4

I knows that it is impossible to predict the maximum value of bitcoin but this thread was intented to express your opinion about the maximum price of bitcoin!

In my opinion the price of bitcoin will reach upto $1M as lot other says,no technocal analysis or based nothing just my opinion. Smiley
This is hypothetical question so how can I answer this maximum price prediction of Bitcoin. I think after mining in 21 million Bitcoin everyone predict the real value of Bitcoin but it is fluctuating in continuously so demand is occupy the major role in price prediction. Now I said it will reach 50k to 100k is possible in highest value of Bitcoin.

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September 04, 2018, 11:54:54 PM
 #5

For this year 2018, the maximum price for bitcoin will be 20,000 USD if the bitcoin ETF is not approved, but if the bitcoin ETF is approved, we will see bitcoin in the range of 30000 to 50000 USD by year end and possibly 100,000 USD by the middle of 2019. Adoption is going to be explosive
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September 05, 2018, 12:01:33 AM
 #6

Do you have any specific year on where it will reach that maximum price you have given?

If that's your opinion at least add some reason why you think bitcoin will reach that amount soon. You didn't gave any particular reason, you don't have any specific date and you don't have any technical analysis on how its going to be possible. Much better if you will support that statement you gave.



 

 

 

 

 

 


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September 05, 2018, 01:33:04 AM
 #7

100,000$ and that would be the final price of bitcoin in coming decades. Cant imagine if im a holder of 20 btc with that price im already a millionaire in my country.

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September 05, 2018, 03:18:14 AM
 #8

Predicting bitcoin prices is like predicting when the doomsday will occur, I say, if someone knows when the apocalypse will occur then he will prepare everything carefully, such as worshiping earnestly or looking for a place so that he can avoid doomsday. And now predicting the price of bitcoin, I'm sure if someone is able to predict the price of bitcoin with certainty then there will be no event of someone buying pizza with 10,000 bitcoin.

Previously, many experts had predicted that the price of bitcoin would be high, so that many new investors would come to this industry, but the prediction did not work properly so that many investors suffered huge losses and they died in this industry. So, I do not want to be careless to declare the price of bitcoin in the future, but I am serious to be careful when I have bitcoin, I mean to be careful when selling bitcoin or keep holding bitcoin.
jrrsparkles (OP)
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September 05, 2018, 06:05:44 AM
 #9

I knows that it is impossible to predict the maximum value of bitcoin but this thread was intented to express your opinion about the maximum price of bitcoin!

In my opinion the price of bitcoin will reach upto $1M as lot other says,no technical analysis or based nothing just my opinion. Smiley

1 Million Zimbabwe dollar you mean right? Oh USD?
And based on what? You can't make a thread to tell us you think the Bitcoin value will hit 1 mln without giving us arguments and why you think so. Me too I can say Bitcoin will be 1 trillion in 3 weeks

"...as lot other says..." A lot where, here? Cheesy
Did you read that statement which I highlighted now?
I just created this thread to know about people's opinion not to find the maximum value of bitcoin because it is impossible to do.
Do you have any specific year on where it will reach that maximum price you have given?

If that's your opinion at least add some reason why you think bitcoin will reach that amount soon. You didn't gave any particular reason, you don't have any specific date and you don't have any technical analysis on how its going to be possible. Much better if you will support that statement you gave.
The prediction based on my instinct not based on any analysis,I think it maybe the all time high of bitcoin forever and it may take some centuries to happen. Smiley









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September 05, 2018, 06:28:44 AM
 #10

100,000$ and that would be the final price of bitcoin in coming decades. Cant imagine if im a holder of 20 btc with that price im already a millionaire in my country.

There is no a fixed upper limit for Bitcoin nor any other cryptocurrencies. Until now we are comparing Bitcoin to USD mostly which is relatively stable but if you compare BTC to another local currency then the rise is much important with the devaluation of Argentinian, Brazilian, Venezuelan, South African, Zimbabwean...currencies.
If the USD will crash at some point then you can imagine BTC/USD at 1,000,000$

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September 05, 2018, 06:36:34 AM
 #11

You're thinking wrong. The ultimate goal is to not have any direct connection with fiat, but to have 1 satoshi be a unit of value on its own. That's my prediction.

By the time Bitcoin reaches $1 million (as per your prediction), fiat has likely taken a massive dive, which will directly mean that Bitcoin's $1 million valuation might be worth just $50,000-$100,000 in today's purchasing power value. Fiat in terms of purchasing power is stricly one way traffic down to the south, and governments can (and likely will) speed up the process of value loss by messing up.

We have to step over that. Bitcoin is our one time opportunity to actually force through a significant change in the way we see and use money.

After this comment, you should have locked the thread, OP.

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September 05, 2018, 06:44:31 AM
 #12

I think the price of Bitcoin will change with the way it is used. If it is moving towards alternative gold, the price of Bitcoin will not rise too much!

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September 05, 2018, 06:52:03 AM
 #13

I knows that it is impossible to predict the maximum value of bitcoin but this thread was intented to express your opinion about the maximum price of bitcoin!

In my opinion the price of bitcoin will reach upto $1M as lot other says,no technocal analysis or based nothing just my opinion. Smiley
I don't think one can accurately predict the maximum price of bitcoin but to me bitcoin may go above   $1,000,000 in twenty to fifty years to come. However, this is not the limit as the future is highly very bright.
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September 05, 2018, 07:35:36 AM
 #14

You're thinking wrong. The ultimate goal is to not have any direct connection with fiat, but to have 1 satoshi be a unit of value on its own. That's my prediction.

By the time Bitcoin reaches $1 million (as per your prediction), fiat has likely taken a massive dive, which will directly mean that Bitcoin's $1 million valuation might be worth just $50,000-$100,000 in today's purchasing power value. Fiat in terms of purchasing power is stricly one way traffic down to the south, and governments can (and likely will) speed up the process of value loss by messing up.

We have to step over that. Bitcoin is our one time opportunity to actually force through a significant change in the way we see and use money.

After this comment, you should have locked the thread, OP.
I understand that comment but is there any problem with knowing in the price of the bitcoin in each minds,just keep this is simple just comment the maximum value in the fiat nothing more.









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September 05, 2018, 10:10:31 AM
 #15

What will be the maximum price of bitcoin in your opinion?

It is impossible to place end price of Bitcoin in USD, because USD keeps losing value and in future will way faster as so far. Would be easier to set price in gold. And as Bitcoin protocol works now bitcoin price should keep increasing but most likely protocol will get changed in upcoming 20 years. To increase bitcoin emission so network will get more secure as it would as it is set right now.
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September 05, 2018, 12:45:16 PM
 #16

I knows that it is impossible to predict the maximum value of bitcoin but this thread was intented to express your opinion about the maximum price of bitcoin!

In my opinion the price of bitcoin will reach upto $1M as lot other says,no technocal analysis or based nothing just my opinion. Smiley

Many people predict the increase in bitcoin prices, but it is not impossible that bitcoin will rise to a level that is never expected about what the exact price is, because bitcoin is public money that cannot be contested by anyone and does not involve third parties such as banks that take advantage of every transaction that occurs
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September 05, 2018, 01:05:32 PM
 #17

I knows that it is impossible to predict the maximum value of bitcoin but this thread was intented to express your opinion about the maximum price of bitcoin!

In my opinion the price of bitcoin will reach upto $1M as lot other says,no technocal analysis or based nothing just my opinion. Smiley
this is very difficult to determine because the value is indeed dependent on many things, yesterday's price increase of bitcoin in my opinion is too high so that when there is a drastic decline all bitcoin users feel a loss. Determining the appropriate value for bitcoin at this time in my opinion is enough not too big and not too small
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September 05, 2018, 01:41:28 PM
 #18

Moon is only the limit, and no one know about the future but I know it will be big. $1M with bitcoin is possible but you also have to consider things around this market, maybe that time fiat money will become more worthless or bitcoin will just disappear. There is no certain things in this world, change will still happen.
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September 05, 2018, 01:45:05 PM
 #19

I think after mining at 21 million Bitcoin, everyone predicts the real value of Bitcoin but fluctuates continuously so that demand occupies a major role in price predictions. Now I say it will reach 100k to 200k maybe in the highest value of Bitcoin.
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September 05, 2018, 01:55:54 PM
 #20

I knows that it is impossible to predict the maximum value of bitcoin but this thread was intented to express your opinion about the maximum price of bitcoin!

In my opinion the price of bitcoin will reach upto $1M as lot other says,no technocal analysis or based nothing just my opinion. Smiley
Nobody can predict the price of Bitcoin properly and no one will be able to do it. The price of Bitcoin is always changing at all times and is always unpredictable. This will be a characteristic and occur until the government makes a decision and makes regulations on Bitcoin. When the government makes regulations on Bitcoin, the price will be stable and when the government has not made regulations, stability will not always exist at all times. We will not be able to predict the price of Bitcoin at any time !!!!
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September 05, 2018, 02:15:32 PM
 #21

I knows that it is impossible to predict the maximum value of bitcoin but this thread was intented to express your opinion about the maximum price of bitcoin!

In my opinion the price of bitcoin will reach upto $1M as lot other says,no technocal analysis or based nothing just my opinion. Smiley
Around $100k is the max it could ever reach, I doubt it will ever be $250k levels or so, I think $100k is definitely the max we can have for a long time before dollar really becomes devalued and worthless, until than there is no way it can go any higher. Think about this nasdaq and nyse are the biggest 2 stock exchanges in the whole world and they combine worth 27 trillion dollars or so, and we are talking about ALL public companies in USA which means 27 trillion dollars is really an insanely high number.

If bitcoin reaches to $100k it would 2 trillion levels, which is definitely doable but that is just bitcoin so with crypto and all that it would probably be around 4-5 trillion levels, which is 1/5 of the stock exchange which is really realistic.
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September 05, 2018, 06:38:59 PM
 #22

I knows that it is impossible to predict the maximum value of bitcoin but this thread was intented to express your opinion about the maximum price of bitcoin!

In my opinion the price of bitcoin will reach upto $1M as lot other says,no technocal analysis or based nothing just my opinion. Smiley
I hope bitcoin reaches a price of $ 50,000 and stays at that price forever.

1M is very high, it may take decades to reach that number.
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September 05, 2018, 10:56:16 PM
 #23

I knows that it is impossible to predict the maximum value of bitcoin but this thread was intented to express your opinion about the maximum price of bitcoin!

In my opinion the price of bitcoin will reach upto $1M as lot other says,no technocal analysis or based nothing just my opinion. Smiley

For me I would see that the bitcoin value can get up to the price of 30,000 USD. My basis are justthe past value of bitcoin I saw in previous bitcoin price, that bitcoin get up 30,000 because whennI started bitcointalk I saw that bitcoin value got up to 27,000 USD in my past experiences here.
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September 05, 2018, 11:10:21 PM
 #24

You're thinking wrong. The ultimate goal is to not have any direct connection with fiat, but to have 1 satoshi be a unit of value on its own. That's my prediction.

By the time Bitcoin reaches $1 million (as per your prediction), fiat has likely taken a massive dive, which will directly mean that Bitcoin's $1 million valuation might be worth just $50,000-$100,000 in today's purchasing power value. Fiat in terms of purchasing power is stricly one way traffic down to the south, and governments can (and likely will) speed up the process of value loss by messing up.

We have to step over that. Bitcoin is our one time opportunity to actually force through a significant change in the way we see and use money.
That's some mindblowing shit you got there. I never thought of fiat getting devalued while bitcoin inflates. If a satoshi ever becomes a unit of value, that's the exact time where we adopt bitcoin as a currency.

Right there, what satoshi wanted to accomplish years ago gets accomplished. Bitcoin can change a lot of things around, but its the people that have to do something about it. People are focusing on unnecessary things and are getting rich for it(look at the stupid ass youtubers).


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September 05, 2018, 11:25:03 PM
 #25

I don't make any speculation about this thing, because if bitcoin becomes $1M each in value then how come people can afford to have this thing I mean this should be enjoyed by everybody and if that price happen who will be the one to buy at that price? For me $100k will be more accurate and hopefully bitcoin will improve so we can reach that level.

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September 06, 2018, 08:37:03 AM
 #26

Do you have any specific year on where it will reach that maximum price you have given?

If that's your opinion at least add some reason why you think bitcoin will reach that amount soon. You didn't gave any particular reason, you don't have any specific date and you don't have any technical analysis on how its going to be possible. Much better if you will support that statement you gave.
I really do not see any reason any one can give on why they think the maximum price would be exactly how it is, because they have none and no one knows what the future holds and I am sure the OP actually stated that. Bitcoin will hit the maximum price it is going to hit whenever it feels like and that would totally be based on how people and users perceive it in the long run.

Based on what the OP said on what he thinks, that only would be totally bent on fiat failing and then the only available option is to utilize bitcoin. Probably by then a satoshi might be equivalent to a dollar, who knows?

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September 06, 2018, 11:26:58 AM
 #27

Do you have any specific year on where it will reach that maximum price you have given?

If that's your opinion at least add some reason why you think bitcoin will reach that amount soon. You didn't gave any particular reason, you don't have any specific date and you don't have any technical analysis on how its going to be possible. Much better if you will support that statement you gave.
The prediction based on my instinct not based on any analysis,I think it maybe the all time high of bitcoin forever and it may take some centuries to happen. Smiley
We don't know and can't see what lies in the future but to be optimistic for bitcoin's future high price is also my attitude.

Based on what the OP said on what he thinks, that only would be totally bent on fiat failing and then the only available option is to utilize bitcoin. Probably by then a satoshi might be equivalent to a dollar, who knows?
If a world crisis occurs and highest inflation will come to different countries, they will find a way to beat it and that's the possible time that fiat will fail. But right now, I'll focus with the current market as its falling.



 

 

 

 

 

 


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September 06, 2018, 08:08:37 PM
 #28

I knows that it is impossible to predict the maximum value of bitcoin but this thread was intented to express your opinion about the maximum price of bitcoin!

In my opinion the price of bitcoin will reach upto $1M as lot other says,no technocal analysis or based nothing just my opinion. Smiley
It is difficult to know the answer to such a thing especially since governments keep printing more and more fiat and the process seems to be accelerating, but I think that if fiat remains static and governments no longer print anymore fiat bitcoin will probably reach a price of 300000 dollars, but we know that is not going to happen so your prediction about 1 million is entirely possible.

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September 06, 2018, 08:46:44 PM
 #29

I knows that it is impossible to predict the maximum value of bitcoin but this thread was intented to express your opinion about the maximum price of bitcoin!

In my opinion the price of bitcoin will reach upto $1M as lot other says,no technocal analysis or based nothing just my opinion. Smiley
I personally do not have predictions like that, I just want bitcoin will continue to survive for a long time or even forever, because I think it will be very useless if the price of bitcoin is able to increase even up to 1M as you say, but it will not survive in long time. So whatever the price of bitcoin I will still be enthusiastic about bitcoin and I don't mind the price that goes up and down.

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September 06, 2018, 09:58:01 PM
 #30

$13.5 million. Why? No particular reason.

I figure all eyes are on $1 million, I've been hearing it for years. Markets always massively overshoot or undershoot expectations. So I'll go with the former, well beyond what the average coiner thinks is possible. A blow-off top like we've never seen. Then maybe we'll enter a bearish supercycle (being that BTC's entire history is a bullish supercycle).

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September 06, 2018, 10:02:05 PM
 #31

Bitcoin will continue to grow in value and may eventually hit 1 millionaire USD, I do not think it will be allowed to grow further than that, political and economic pressure on and from countries will be  the limiting factor .Governments will not want a situation where a single individual will  be richer than a country just become they had the good fortune of getting them when it was cheap
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September 08, 2018, 06:49:22 AM
 #32

I knows that it is impossible to predict the maximum value of bitcoin but this thread was intented to express your opinion about the maximum price of bitcoin!

In my opinion the price of bitcoin will reach upto $1M as lot other says,no technocal analysis or based nothing just my opinion. Smiley
1 Million dollar is a huge price and it is not possible as you are predicting right now, also share from where and how you get about something related to the price of Bitcoin. It will go higher or will cross the 30 k US dollar price by the end of this year which is a better achievement for the Bitcoin and those who have investments in this market will enjoy that time more than anything in their life
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September 08, 2018, 06:57:05 AM
 #33

Its really hard to answer and predict this one, because the maximum limit will only define by supply and demand. Let's just cross the bridge when we get there, I just hope that I still exist that time so I can still enjoy my bitcoin holdings. But for sure the next generation will use to grow using cryptocurrency and maybe bitcoin will be on its peak that time or it will still remain low who knows?
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September 08, 2018, 11:27:47 AM
 #34

I knows that it is impossible to predict the maximum value of bitcoin but this thread was intented to express your opinion about the maximum price of bitcoin!

In my opinion the price of bitcoin will reach upto $1M as lot other says,no technocal analysis or based nothing just my opinion. Smiley
1 Million dollar is a huge price and it is not possible as you are predicting right now, also share from where and how you get about something related to the price of Bitcoin. It will go higher or will cross the 30 k US dollar price by the end of this year which is a better achievement for the Bitcoin and those who have investments in this market will enjoy that time more than anything in their life

30k by the end of year? That's as farfetched as the end price being 1 million. Bitcoin still has a long way too go and who knows, it seems that nothing is impossible with btc even though a lot of people arr pessimistic about it. I'd be a little conservative about it and place my bet at 150 to 200k in probably 5 to 8 years.

 
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September 08, 2018, 05:16:07 PM
 #35

I am not asking anyone to predict what will be the maximum price of bitcoin,I am just asking you to express how much the price will go high just based on your opinion.No need technical explanation or whatever.
I knows that it is impossible to predict the maximum value of bitcoin but this thread was intented to express your opinion about the maximum price of bitcoin!

In my opinion the price of bitcoin will reach upto $1M as lot other says,no technocal analysis or based nothing just my opinion. Smiley
1 Million dollar is a huge price and it is not possible as you are predicting right now, also share from where and how you get about something related to the price of Bitcoin. It will go higher or will cross the 30 k US dollar price by the end of this year which is a better achievement for the Bitcoin and those who have investments in this market will enjoy that time more than anything in their life
I got that information from another universe,just an alien told me that don't reveal this secret to anyone! Cheesy

I don't think that the price of bitcoin will reach $30K or even $10K by end of this year because there were lot of dumps happening and all the coins were bleeding man so it is impossle to hit $30K in three months of time.









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September 08, 2018, 06:30:17 PM
Last edit: September 08, 2018, 06:45:06 PM by Ararbermas
 #36

In my opinion bitcoin has no maximum. Why?  because it's a decentralized currency which is it's depends on the demand and supply and no one can control its progress especially if the price constantly growing higher and higher ,because in my view it's " unlimited " of numbers , unlike real fiat which is controled by government !,  and indeed its value will never reach 20k stage if there's actually a maximum price/value  IMO.
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September 08, 2018, 07:09:52 PM
 #37

I think the maximum price of BTC will ever be ... 1BTC!
Moreover the goal of BTC is to replace fiat currency. Therefore at some time BTC will only worth 1BTC and you won't be able to compare with fiat because fiat will cease to exist then.
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September 08, 2018, 10:22:24 PM
 #38

I knows that it is impossible to predict the maximum value of bitcoin but this thread was intented to express your opinion about the maximum price of bitcoin!

In my opinion the price of bitcoin will reach upto $1M as lot other says,no technocal analysis or based nothing just my opinion. Smiley

In my own opinion, it was not actually possible to predict the maximum value of bitcoins because the market price is based on demand and supply so it can grow as long as there are investors.

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September 08, 2018, 10:48:50 PM
 #39

I think the maximum price of BTC will ever be ... 1BTC!
Moreover the goal of BTC is to replace fiat currency. Therefore at some time BTC will only worth 1BTC and you won't be able to compare with fiat because fiat will cease to exist then.

I don't think that was ever the goal of Bitcoin.

Whether BTC replaces fiat currency or not, the point was to establish sound money without the use of trusted intermediaries or authorities. There's no reason why BTC and fiat can't work side by side, serving different use cases. I think that governments and major fiat currencies have much more staying power than most bitcoiners realize. I also think that BTC can thrive and reach values of millions USD whether or not USD collapses like so many bitcoiners expect.

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September 09, 2018, 05:22:54 AM
 #40

Its impossible to predict the maximum price of bitcoin. Though many experts are giving their own predictions, but as these are predictions, so we can't totally rely on them. Accordingly to me the maximum price of bitcoin in 2018 will be $12k whereas the maximum price of btc in its lifetime may be $100k .

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September 09, 2018, 07:45:34 AM
 #41

I think Bitcoin will reach 1M+ and some pint. Will probably take a decade or two.
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September 09, 2018, 08:18:39 AM
 #42

Depends on which year!
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September 09, 2018, 08:49:14 AM
 #43

I think the highest price of Bitcoin this year may reach $9,500, and there is a price to pay for such a price. Some useless altcoin must die!
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September 09, 2018, 08:55:19 AM
 #44

if we take into account this year, I think that the maximum price that bitcoin reaches will not exceed 9k
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September 10, 2018, 07:42:18 AM
 #45

I think the price of Bitcoin will change with the way it is used. If it is moving towards alternative gold, the price of Bitcoin will not rise too much!
That balls down on its usage as a currency for which it was created for in the first place and the only reason we might be able to get a huge demand in the long run.

No one can state categorically what the maximum price would be but at least we can be optimistic that with mainstream adoption and a high level of demand as a valuable currency, we will be able to see some very huge and tangible amount in the long run, whatever it is by then, only time can tell.
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September 11, 2018, 07:55:41 PM
 #46

People keep talking about 1 million dollar price valuation for bitcoin but you are forgetting one crucial information for such price ; the market cap. If bitcoin reaches one million dollars per bitcoin than the marketcap of bitcoin will become 18 trillion dollars give or take. 18 trillion dollars is more than nasdaq and nyse all combined, you can even put up like 10 other big country stock exchanges on top of those two and still won't have enough to reach that market cap. I am sorry but I do not believe that is remotely possible. Bitcoin can't go bigger than 10 biggest stock exchanges all by itself. At least not right now, can it be one million dollars when devaluation of fiat gets to insane levels? Maybe. But not right now.
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September 12, 2018, 06:01:43 AM
 #47

People keep talking about 1 million dollar price valuation for bitcoin but you are forgetting one crucial information for such price ; the market cap. If bitcoin reaches one million dollars per bitcoin than the marketcap of bitcoin will become 18 trillion dollars give or take. 18 trillion dollars is more than nasdaq and nyse all combined, you can even put up like 10 other big country stock exchanges on top of those two and still won't have enough to reach that market cap. I am sorry but I do not believe that is remotely possible. Bitcoin can't go bigger than 10 biggest stock exchanges all by itself. At least not right now, can it be one million dollars when devaluation of fiat gets to insane levels? Maybe. But not right now.

Fair point, but as we all know market cap is not an accurate measurement for cryptocurrencies. The more accurate way (IMO) of determining the Bitcoin price upper limit is the block reward.

For example, 10 years from now the block reward will be  1.56. if the price were to be $1 million per coin, that means there would be $9.3 million dollars of inflation per hour. This works out to $224.6 Million per day, or to a comically high $82 Billion per year. $82 Billion would need to be entering Bitcoin every year in order to maintain a price of $1 million per coin. This isn't very viable, so the upper limit of the price is probably a little bit lower than this. This, of course, is assuming Bitcoin would hit $1 million after 3 more block halvings, in 2028. This also assumes that miners would sell 100% of their coins too which is unlikely, as they would likely only sell a small percentage of their earnings, depending on the cost of mining of course.

Who knows, this price could be possible, but I just don't know if there would be $82 Billion/year worth of demand for at least 4 years to maintain the price.
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September 12, 2018, 09:37:30 AM
 #48

You're thinking wrong. The ultimate goal is to not have any direct connection with fiat, but to have 1 satoshi be a unit of value on its own. That's my prediction.

By the time Bitcoin reaches $1 million (as per your prediction), fiat has likely taken a massive dive, which will directly mean that Bitcoin's $1 million valuation might be worth just $50,000-$100,000 in today's purchasing power value. Fiat in terms of purchasing power is stricly one way traffic down to the south, and governments can (and likely will) speed up the process of value loss by messing up.

We have to step over that. Bitcoin is our one time opportunity to actually force through a significant change in the way we see and use money.
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September 12, 2018, 09:51:00 AM
 #49

Can you share your thoughts with us? Why is the price of Bitcoin reaching $1M? I think Bitcoin will rise, but it will not exceed $9000 this year.
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September 12, 2018, 01:02:22 PM
 #50

I think the highest price of Bitcoin this year may reach $9,500, and there is a price to pay for such a price. Some useless altcoin must die!
No one knows what the price would be in the next second, minute, hour, day, week, month or year as the case may be. It is market, very unpredictable, things can change at any point which could tend towards huge demand side or supply side, and all these things are a part of what we really cannot see could happen anytime in the future.

Unless someone wants to come out to say they can see exactly what the future holds, which i doubt, then no one can know. All we can just do is guess and be realistic, while some could coincidentally predict right, but it is still a coincidence!
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September 12, 2018, 01:55:45 PM
 #51

No one really can tell you what the maximum price of Bitcoin will be, no one even can't tell what the price of Bitcoin will be after one week or even tomorrow. It all depends on many other thing. The size of this price usually depends on how Bitcoin will be used in the future.

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September 12, 2018, 02:39:14 PM
 #52

I knows that it is impossible to predict the maximum value of bitcoin but this thread was intented to express your opinion about the maximum price of bitcoin!

In my opinion the price of bitcoin will reach upto $1M as lot other says,no technocal analysis or based nothing just my opinion. Smiley

For me it seems so lhuge. I would say bitcoin value would reach $300K the max as we do have increasing crypto coins coming into market with good projects. Obviously yes bitcoin will be the leading currency. As bitcoin value grows up, we may have only the whales investing into bitcoin not the investors with small capitals. So the investors with small capital will look into other altcoins with best growth trend. The investment would get split. The demand and the circulation of bitcoin would be very less and the value will remain to an extend as like current year. This is my prediction.
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September 12, 2018, 02:55:24 PM
 #53

Can you share your thoughts with us? Why is the price of Bitcoin reaching $1M? I think Bitcoin will rise, but it will not exceed $9000 this year.
I am not speaking about this year's maximum price,just wanted to know what's in your mind about how much that bitcoin will able to climb in its life time.I already said that it is from my opinion I am not telling this $1M based on any analysis so if you are interested just comment the maximum price.









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September 12, 2018, 03:08:36 PM
 #54

if there is no negative news about bitcoin maybe the bitcoin price can reach $ 1 million, but with a long time. but in my opinion the highest bitcoin price is only $ 500k.

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September 12, 2018, 07:08:29 PM
 #55

Its price ceiling might be difficult to speculate $1M is possible though but for how long it would take us to wait for that moment of price or that prediction is not possible at all no $1M would be touching the market for the upcoming decades of bitcoin who knows what will happen if bitcoin is still the number one crypto that time how far will the price stretch to its limitations through the bitcoins lifetime.
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September 12, 2018, 08:03:03 PM
 #56

I dont think it will reach $1M ever, it does not mean that I do not support bitcoin but $1M is so huge amount. Even if it can reach that high then I do believe it will drop suddenly as most people will sell it and they will start to twice to re-investing once it is dropped. Indeed it is possible to reach that high, but it wont happen in the next 10-20 years IMO.

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September 12, 2018, 08:09:29 PM
 #57

So don't calculate how much usd you can buy with btc, cos usd is gonna crash. Instead in the future we should calculate price of bitcoin in how many Lambos you can buy with it, cos Lambo cant crash!  Grin  Cheesy  My prediction is 1 btc=5 Lambo till 2020!  Roll Eyes
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September 12, 2018, 08:34:30 PM
 #58

if there is no negative news about bitcoin maybe the bitcoin price can reach $ 1 million, but with a long time. but in my opinion the highest bitcoin price is only $ 500k.

We cannot predict the price of bitcoin since there might be Increase in a day and can be decreased with in next few hours. This year Crypto market is going bit down and hence current value for BTC is $6300. In my  opinion this year bitcoin will not reach $1 million.

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September 12, 2018, 09:15:27 PM
 #59

I knows that it is impossible to predict the maximum value of bitcoin

If anyone could do that, all people would consult with him, maybe the American security agencies would make a billionaire deal with him so he could predict the location of all the terrorists in the world.

In my opinion the price of bitcoin will reach upto $1M as lot other says,no technocal analysis or based nothing just my opinion. Smiley

impossible, this is a price too high and no matter how many years pass still would remain a very high price and impossible to be reached

I believe the maximum price will be $120,000

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September 12, 2018, 10:40:26 PM
 #60

I knows that it is impossible to predict the maximum value of bitcoin but this thread was intented to express your opinion about the maximum price of bitcoin!

In my opinion the price of bitcoin will reach upto $1M as lot other says,no technocal analysis or based nothing just my opinion. Smiley
Nobody can predict the price of Bitcoin properly and no one will be able to do it. The price of Bitcoin is always changing at all times and is always unpredictable. This will be a characteristic and occur until the government makes a decision and makes regulations on Bitcoin. When the government makes regulations on Bitcoin, the price will be stable and when the government has not made regulations, stability will not always exist at all times. We will not be able to predict the price of Bitcoin at any time !!!!

Im confused with your statement, and whats making it even more confusing is that you have just repeated what the OP said in the first sentence.
How could regulating Bitcoin makes the price stable? Can you explain further?
And what do you mean by " if the government doesnt regulate bitcoin, stability will not ALWAYS exist at all times?" What does that even mean?
We're talking about the prediction of maximum price or ATH of Bitcoin, not the stability and volatile nature of cryptocurrency lol.

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September 12, 2018, 11:54:35 PM
 #61

I'm glad that most people are capping their expectations at $1 million, or significantly less. For that reason, I'm guessing we'll go significantly higher than $1 million, if only for a short time during a blow-off top.

People keep talking about 1 million dollar price valuation for bitcoin but you are forgetting one crucial information for such price ; the market cap. If bitcoin reaches one million dollars per bitcoin than the marketcap of bitcoin will become 18 trillion dollars give or take. 18 trillion dollars is more than nasdaq and nyse all combined, you can even put up like 10 other big country stock exchanges on top of those two and still won't have enough to reach that market cap. I am sorry but I do not believe that is remotely possible. Bitcoin can't go bigger than 10 biggest stock exchanges all by itself.

In the mass adoption scenario, Bitcoin would stand alongside traditional investment assets. Bitcoin can theoretically take a chunk from all store-of-value assets, from gold to fiat currencies (M0). Gold's market cap stands around $8 trillion alone. $10-20 trillion doesn't seem unreasonable at all.

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September 15, 2018, 09:48:18 AM
 #62

I think Bitcoin will reach 1M+ and some pint. Will probably take a decade or two.
I can imagine what the market capitalization would be like at this point and probably we would have been tapped out by then based on circulating supply, probably, everything has been mined. Now, a decade or two is not something I would really want to say could be the case.

Sure, no one knows what the future brings, but it sounds a lot unrealistic to me. In a decade or two, I would be projecting something close to $500k though which still sounds a bit realistic but the truth is they are just guesses, as what would be will be.
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September 22, 2018, 01:21:24 PM
 #63

I think Bitcoin will reach 1M+ and some pint. Will probably take a decade or two.
I can imagine what the market capitalization would be like at this point and probably we would have been tapped out by then based on circulating supply, probably, everything has been mined. Now, a decade or two is not something I would really want to say could be the case.

Sure, no one knows what the future brings, but it sounds a lot unrealistic to me. In a decade or two, I would be projecting something close to $500k though which still sounds a bit realistic but the truth is they are just guesses, as what would be will be.
when the price of bitcoin reached $.01 to $20000 in less than ten years then why not it will reach $1,000,000 from the current value but don't know what it will become possible maybe it will take 100 years or more but still anything is possible right?









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September 25, 2018, 05:00:32 PM
 #64

I think that bitcoin maximum can reach a price of not more than 50 000 dollars. All this talk about a million dollars, it's all in theory. In practice, this can not be. As soon as the price increases every time, there will necessarily be situations that will prevent it from rising. First of all, it will be a panic among investors due to various negative information and high volatility of bitcoin prices.

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September 25, 2018, 05:12:06 PM
 #65

I think that bitcoin maximum can reach a price of not more than 50 000 dollars. All this talk about a million dollars, it's all in theory. In practice, this can not be. As soon as the price increases every time, there will necessarily be situations that will prevent it from rising. First of all, it will be a panic among investors due to various negative information and high volatility of bitcoin prices.
No one even believed that bitcoin can be able to reach $100 when it launched and after couple of years it becomes possible and aftet that it keep reaching new milestones so anything can be possible to reach.BUt as you said whenever the price reaches new height there will be some factors causes the price dumps but it will stick at some range and will rise again after some time and the cycyle will keep on going.









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September 26, 2018, 02:20:52 AM
 #66

I knows that it is impossible to predict the maximum value of bitcoin but this thread was intented to express your opinion about the maximum price of bitcoin!

In my opinion the price of bitcoin will reach upto $1M as lot other says,no technocal analysis or based nothing just my opinion. Smiley
As time passes I care less and less about the maximum price that bitcoin can reach, what I really care about is the value that bitcoin can reach which is not exactly the same, I really think that in the next decades bitcoin will be so valuable that it could allow you to buy a house with a single bitcoin, and if you live in a country where there is a lower level of income it is entirely possible that you could buy several houses with just one bitcoin.
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September 26, 2018, 02:43:21 AM
 #67

It depend on the situation in the future, if in the future no more countries are banned bitcoin, it can be easy to bitcoin to increase it's value and reach a maximum price but if in the future many more countries are banned bitcoin, people will afraid to buy bitcoin because it will against the government in their country, if that happen bitcoin price may never reach maximum value and Will decrease significantly.
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September 26, 2018, 03:20:32 AM
 #68

I think the price of bitcoin can reach a maximum price with a price value that will be very difficult for you to imagine, the price can reach more than you mentioned and that could happen if the total supply of bitcoin is up and can not be mining anymore the price can be very expensive.
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September 26, 2018, 05:42:29 AM
 #69

if we take into account this year, I think that the maximum price that bitcoin reaches will not exceed 9k
it is very difficult to predict how much the maximum bitcoin price will get because it is indeed the volume and usage are not limited so the price is very difficult to limit

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September 28, 2018, 12:11:25 PM
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 #70

I knows that it is impossible to predict the maximum value of bitcoin but this thread was intented to express your opinion about the maximum price of bitcoin!

In my opinion the price of bitcoin will reach upto $1M as lot other says,no technocal analysis or based nothing just my opinion. Smiley
As time passes I care less and less about the maximum price that bitcoin can reach, what I really care about is the value that bitcoin can reach which is not exactly the same, I really think that in the next decades bitcoin will be so valuable that it could allow you to buy a house with a single bitcoin, and if you live in a country where there is a lower level of income it is entirely possible that you could buy several houses with just one bitcoin.
Yeah, it is actually not the same, even though when things become valuable, they tend to get more demanded for and hence, it brings about increase in price. I would join you as well in saying that the best thing we should be looking at now is the real life usage of bitcoin and there and then, is when we will be able to see good and sustainable growth based on real demand and not just some speculations.

Sure, speculations may be good for some at the moment, based on their ability to trade the market and taking advantage of the volatility, but for future sake, I believe we really need to be looking out for real demand instead.
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September 28, 2018, 12:29:01 PM
 #71

The maximum price of bitcoin in time, and not this year, i think bitcoin can reach 500.000$, but in my opinion this price will be before all bitcoins mining, with 1-3 years earlier before all bitcoin was mined. I want until then to get 50 btc and hold.
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September 28, 2018, 02:05:22 PM
 #72

I think the price of bitcoin can reach more than you mentioned. Just imagine that the total supply of bitcoin is only 21 million pieces, while the people in the world are more than 21 million people, so it can be very expensive.

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raven7886
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September 29, 2018, 08:50:50 AM
 #73

I think the price of bitcoin can reach a maximum price with a price value that will be very difficult for you to imagine, the price can reach more than you mentioned and that could happen if the total supply of bitcoin is up and can not be mining anymore the price can be very expensive.
However the price wants to reach, at this point I really do not care. Just like some have said, the best thing we should all be hoping for the more now is to see maximum usage of bitcoin as a currency and being accepted and adopted globally as this is when you will get to see a huge value in the long run, and for cases like this, you will always be happy you ended up being a part of the early adopters.

If price remains speculative in nature and all we are clamoring on is the increase in price, it usually does not get sustainable in the long run, which an implication of it is what we are having at the moment.
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September 29, 2018, 11:07:28 AM
 #74

We cannot correctly predict the maximum value that bitcoin can hit because the price rises and drops all of a sudden.Last year we saw that from nowhere it reached $20k.So maybe it can cross that mark or may be not.Bitcoin price is very much down but nothing is impossible in case of Bitcoin.May be it rise from here to a new ATH or may be it falls more.So just see what will happen in future.

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BitHodler
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September 30, 2018, 09:37:02 PM
 #75

If price remains speculative in nature and all we are clamoring on is the increase in price, it usually does not get sustainable in the long run, which an implication of it is what we are having at the moment.
There are various cycles every emerging industry has to go through at the very beginning, and we're still at the point where everything is just hype and craze we rely on, but I'm sure this will change eventually.

The internet has gone through the exact same cycle. It has grown because there is actual utility that betters our lives, and some crypto currencies will provide that utility as well, but in their own way.

If I had to pick two crypto currencies that I believe will definitely be part of the ones that provide fundamental utility, then it definitely should be Bitcoin and Ethereum. It's only a matter of time before they scale accordingly.

The rest of the crypto currencies are a big question mark.

BSV is not the real Bcash. Bcash is the real Bcash.
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September 30, 2018, 11:05:14 PM
 #76

If price remains speculative in nature and all we are clamoring on is the increase in price, it usually does not get sustainable in the long run, which an implication of it is what we are having at the moment.

Eventually, the trend will be unsustainable. All market trends eventually find an equilibrium and reverse course. The question is when? After every bubble, the permabears come out of the woodworks and declare that the bubble has finally popped. Eventually, they'll be right, and there will be a peak that's never surpassed again. (A broken clock is right twice a day, after all)

But I don't think we'll find that equilibrium until long after "mainstream adoption" has occurred. Compared to the adoption of other pervasive technologies, we're not even close. I think we'll have at least a couple more "bubbles" before the top is finally in.

Let's go for 8 figures USD. Wink

superving
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September 30, 2018, 11:25:37 PM
 #77

In my opinion bitcoins maximum price depends on how high the demand if the price already reached $1m but the demand is still ongoing bitcoin may even surpass $1m price.

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October 01, 2018, 09:39:10 AM
 #78

I'm glad that most people are capping their expectations at $1 million, or significantly less. For that reason, I'm guessing we'll go significantly higher than $1 million, if only for a short time during a blow-off top.

People keep talking about 1 million dollar price valuation for bitcoin but you are forgetting one crucial information for such price ; the market cap. If bitcoin reaches one million dollars per bitcoin than the marketcap of bitcoin will become 18 trillion dollars give or take. 18 trillion dollars is more than nasdaq and nyse all combined, you can even put up like 10 other big country stock exchanges on top of those two and still won't have enough to reach that market cap. I am sorry but I do not believe that is remotely possible. Bitcoin can't go bigger than 10 biggest stock exchanges all by itself.

In the mass adoption scenario, Bitcoin would stand alongside traditional investment assets. Bitcoin can theoretically take a chunk from all store-of-value assets, from gold to fiat currencies (M0). Gold's market cap stands around $8 trillion alone. $10-20 trillion doesn't seem unreasonable at all.
The maximum it can be reach up to 1M$. 70% of people are connecting with bitcoin which case the price is up if the rest start interesting with bitcoin and do highly invest them.
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October 01, 2018, 03:39:31 PM
 #79

I knows that it is impossible to predict the maximum value of bitcoin but this thread was intented to express your opinion about the maximum price of bitcoin!

In my opinion the price of bitcoin will reach upto $1M as lot other says,no technocal analysis or based nothing just my opinion. Smiley
bitcoin prices change at any time, a prediction will not be enough to guess the price of bitcoin in the future, in my opinion just follow the development of bitcoin from day to day, and I'm sure you will know what the price for the future though belom certainly right but you can follow the bitcoin trend
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October 01, 2018, 04:06:33 PM
 #80

I think that bitcoin maximum can reach a price of not more than 50 000 dollars. All this talk about a million dollars, it's all in theory. In practice, this can not be. As soon as the price increases every time, there will necessarily be situations that will prevent it from rising. First of all, it will be a panic among investors due to various negative information and high volatility of bitcoin prices.

and why do you think so?  and if people's attitudes towards bitkoinus change and become more humble, and after about ten or fifteen years, do you still think the price will not exceed $ 50,000 per bitcoin?

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October 02, 2018, 07:20:25 AM
 #81

I'm glad that most people are capping their expectations at $1 million, or significantly less. For that reason, I'm guessing we'll go significantly higher than $1 million, if only for a short time during a blow-off top.

People keep talking about 1 million dollar price valuation for bitcoin but you are forgetting one crucial information for such price ; the market cap. If bitcoin reaches one million dollars per bitcoin than the marketcap of bitcoin will become 18 trillion dollars give or take. 18 trillion dollars is more than nasdaq and nyse all combined, you can even put up like 10 other big country stock exchanges on top of those two and still won't have enough to reach that market cap. I am sorry but I do not believe that is remotely possible. Bitcoin can't go bigger than 10 biggest stock exchanges all by itself.

In the mass adoption scenario, Bitcoin would stand alongside traditional investment assets. Bitcoin can theoretically take a chunk from all store-of-value assets, from gold to fiat currencies (M0). Gold's market cap stands around $8 trillion alone. $10-20 trillion doesn't seem unreasonable at all.
I am pretty sure the supply may decrease. Its volatile is its just my predict that it can touch 1M if everyone use it. Who's know its increase more.
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October 02, 2018, 08:16:07 PM
Merited by guoyu78 (1)
 #82

I think that bitcoin maximum can reach a price of not more than 50 000 dollars. All this talk about a million dollars, it's all in theory. In practice, this can not be. As soon as the price increases every time, there will necessarily be situations that will prevent it from rising. First of all, it will be a panic among investors due to various negative information and high volatility of bitcoin prices.

and why do you think so?  and if people's attitudes towards bitkoinus change and become more humble, and after about ten or fifteen years, do you still think the price will not exceed $ 50,000 per bitcoin?
By being humble, I am trying to wrap my head around what you are trying to say.
The attitude that I certainly expect to change over time is people getting to see bitcoin for what it really is and then we start getting to see mainstream adoption and a huge real life usage and all these would not come over night and indeed we are not even close to it yet.

The maximum price of bitcoin is only going to be ascertained in the long run, when we probably reach some state of equilibrium between supply and demand and a high level usage in real life, and in this case, we sure know that the market before then can go as high as it wants to base on how people perceive the price and if they are still willing to buy anyway.

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guoyu78
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October 03, 2018, 06:56:28 PM
 #83

The maximum it can be reach up to 1M$. 70% of people are connecting with bitcoin which case the price is up if the rest start interesting with bitcoin and do highly invest them.
Maximum it can reach is $1m? How on earth did you come up with that figure and ascertained this is exactly the max of bitcoin's price. One thing I have always known is that how far any market wants to go is something we obviously cannot know. We might as well one day see 1 satoshi tagged to a dollar and in that case, we see the maximum within the $100m range, or we could even see a lot of people needing more as the case may be and in the case of demand, who even knows if 1 satoshi may be equivalent to $10 Grin ... What I am trying to imply is, we can only assume based on what we would love to see happen, but in reality, no one knows shit about the future.
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October 03, 2018, 08:38:49 PM
 #84

The maximum of Bitcoin value cannot be known or predict in any way Man! And i don't think there is any need for you to open this kind of thread as it has nothing to add to someone's knowledge. I will submit here that the maximum value of Bitcoin is infinite and the minimum is -0.
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