Amph
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November 01, 2015, 08:51:11 AM Last edit: November 08, 2015, 10:34:38 AM by Amph |
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only one thing is certain, in 2020 with the third halving, miners are forced to leave if the price don't increase, so the price will increase for sure, otherwise bitcoin will die at 100%
so 2020 is the last year for bitcoin to remain in this stagnation
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dothebeats
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November 01, 2015, 08:57:03 AM |
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I strongly agree that hundred bitcoins will make you millionaire by the year 2020. Almost 5 years are there, so anything is possible in this much time span. The recent price rise is the good example for anything would happen at any time in bitcoin ecosystem.
That is, if the price continue to hold on from there and not crash to establish a new floor. It seems that peoplw are eagerly waiting for four digits only to offload their stashes. :/
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jt byte
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November 01, 2015, 09:00:10 AM |
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OP is pretending to be millionaire by 100BTC which is pretty hard. At least the price of bitcoin should be around 10,000 USD. I think that by 2020 that is not going to happen, maybe after 30years.
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Bagatell
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November 01, 2015, 09:03:39 AM |
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30 years? The average life expectancy of a fiat currency is 27 years.
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Searing
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Clueless!
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November 01, 2015, 09:04:18 AM |
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What do you think? I think I might be close. I'm guessing $10,000 per bitcoin by then.
I sure hope so ...with my 2500 LTC I'm holding (and hoping to move to BTC at the right time...last of my hoard don't ya know) and what I think I can mine out of my 2 titans yet..;plus..what I got from 2013-2014 knc 550gh jupiter...I should be well OVER the equiv in BTC counting the above by the end of this year. So I hope you are an oracle of the future. I'd be set indeed. (I also believe in 'virtual currency' ie bitcoin...so by inference by most 'normal not crypto folk' means I also believe in unicorns/rainbows/and fairies...or so I'm told often)
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Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:)
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katafrag
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November 01, 2015, 09:19:05 AM |
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What do you think? I think I might be close. I'm guessing $10,000 per bitcoin by then.
you're already a multi-coiner, be happy
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Denker
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November 01, 2015, 10:10:47 AM |
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Next year, if not, then 2017
That would mean at least $10k per coin in 14 months.An increase of x31 in that short period of time would be more than mindblowing I guess. Sure say never ever but I think 2020 is the more realistic goal to achieve that.
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Denker
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November 01, 2015, 10:12:19 AM |
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OP is pretending to be millionaire by 100BTC which is pretty hard. At least the price of bitcoin should be around 10,000 USD. I think that by 2020 that is not going to happen, maybe after 30years.
He will be millionaire way earlier. In 30 years he is going to be uber rich!!
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dothebeats
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November 01, 2015, 10:14:25 AM |
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30 years? The average life expectancy of a fiat currency is 27 years. With USD? 27 is not enough lol. US will keep on covering up the weakness of their currency for too long. Also in 27 years, do you think we'll be wanting to convert to fiat if our coins can buy us almost everything?
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Mickeyb
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November 01, 2015, 10:16:23 AM |
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OP is pretending to be millionaire by 100BTC which is pretty hard. At least the price of bitcoin should be around 10,000 USD. I think that by 2020 that is not going to happen, maybe after 30years.
If this thing really takes off, $10,000 is nothing in my opinion. You might be a millionaire even with 10 bitcoins. Yes I said it! Even Satoshi has said that this thing will be either huge after some time or it will just dissappear. I honestly believe this will be a case, one of these two!
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1Referee
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November 01, 2015, 10:19:36 AM |
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I strongly agree that hundred bitcoins will make you millionaire by the year 2020. Almost 5 years are there, so anything is possible in this much time span. The recent price rise is the good example for anything would happen at any time in bitcoin ecosystem.
In order to achieve that, we need to see a lot money from institutional investors flow into Bitcoin. For that to happen, we need to offer them way better exchanges and the best and safest possible trading platform. Current exchanges are nothing and will shit in their pants when they see investors want to deposit 20-100 million. No one in his right mind would deposit these amounts into the current exchanges.
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jt byte
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November 01, 2015, 10:21:24 AM |
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OP is pretending to be millionaire by 100BTC which is pretty hard. At least the price of bitcoin should be around 10,000 USD. I think that by 2020 that is not going to happen, maybe after 30years.
If this thing really takes off, $10,000 is nothing in my opinion. You might be a millionaire even with 10 bitcoins. Yes I said it! Even Satoshi has said that this thing will be either huge after some time or it will just dissappear. I honestly believe this will be a case, one of these two! Satoshi the master of bitcoin , yes i read that sentence. But 10 BTC is really low now comparing with 1 million dollars. Well saying the truth i hope too, maybe even with a single bitcoin.
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minerbit hill
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November 01, 2015, 02:10:30 PM |
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OP is pretending to be millionaire by 100BTC which is pretty hard. At least the price of bitcoin should be around 10,000 USD. I think that by 2020 that is not going to happen, maybe after 30years.
If this thing really takes off, $10,000 is nothing in my opinion. You might be a millionaire even with 10 bitcoins. Yes I said it! Even Satoshi has said that this thing will be either huge after some time or it will just dissappear. I honestly believe this will be a case, one of these two! I think it is on its way to get disappear...however this speculation is highly dependent on halving ,so lets just wait till then.
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Denker
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November 01, 2015, 02:21:37 PM |
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OP is pretending to be millionaire by 100BTC which is pretty hard. At least the price of bitcoin should be around 10,000 USD. I think that by 2020 that is not going to happen, maybe after 30years.
If this thing really takes off, $10,000 is nothing in my opinion. You might be a millionaire even with 10 bitcoins. Yes I said it! Even Satoshi has said that this thing will be either huge after some time or it will just dissappear. I honestly believe this will be a case, one of these two! I think it is on its way to get disappear...however this speculation is highly dependent on halving ,so lets just wait till then. For a thing to get to disappear it created a lot of attention the last several months don't you think? I believe as well it will be one of the two scenarios.Either going down to oblivion or going to evolve to one of the greatest things over the last several decades which will influence all of us and change our daily life and entire industries for the next several decades while being worth an astronomic amount.
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RealBitcoin
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November 01, 2015, 07:43:42 PM |
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What do you think? I think I might be close. I'm guessing $10,000 per bitcoin by then.
Probably, by 2021 the inflation will be ~1.8% , by then the bitcoin price can be way over 50,000$. You could become a rich person by then.
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LFC_Bitcoin
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#1 VIP Crypto Casino
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November 01, 2015, 07:45:07 PM |
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only one thing is certain, in 2020 with the third halving, miners are forced to leave if the price don't increase, so the price will increase for sure, otherwise bitcoin will die at 100%
so 2020 is the last eyar for bitcoin to remain in this stagnation
Interesting angle on it Amph, very thought provoking. Thanks!
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jt byte
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November 01, 2015, 07:51:39 PM |
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What do you think? I think I might be close. I'm guessing $10,000 per bitcoin by then.
Probably, by 2021 the inflation will be ~1.8% , by then the bitcoin price can be way over 50,000$. You could become a rich person by then. Well you guys really are very very optimistic about the price. It is simple too high at least for me because from 300 to 50,000 is a huge difference. To make this change there is not enough time and i think its impossible for almost 6 years from now.
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BitmoreCoin
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November 03, 2015, 11:05:24 AM |
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At the speed of recent price rise, the price of bitcoin will be around 50-80k by 2020. So with 100 bitcoin, you will be a multi millionaire.
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sgbett
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November 03, 2015, 11:12:35 AM |
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What do you think? I think I might be close. I'm guessing $10,000 per bitcoin by then.
Probably, by 2021 the inflation will be ~1.8% , by then the bitcoin price can be way over 50,000$. You could become a rich person by then. Well you guys really are very very optimistic about the price. It is simple too high at least for me because from 300 to 50,000 is a huge difference. To make this change there is not enough time and i think its impossible for almost 6 years from now. Almost like $3 to $500. That would never happen!
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"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto*my posts are not investment advice*
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LMGTFY
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November 03, 2015, 11:21:08 AM |
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At the speed of recent price rise, the price of bitcoin will be around 50-80k by 2020. So with 100 bitcoin, you will be a multi millionaire.
Over the past 10 days BTC/USD (on Bitstamp) has risen on average by 2.3% per day. If (and obviously that's a big-unlikely-if) that rate is maintained we'll reach $80k in 239 days - late June 2016.
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