I've been curious about this, do you think one BTC will ever hit 50k or more? I'm thinking way down the line, like in 50 to 200 years.
Just a side note from February 2021 things moved way quicker than I thought, we're almost at that point now. So where do you think it will go in the coming years?
I think it might be possible at some point in the future, but might might take over two decades for Bitcoin to reach that value, based on the value of Bitcoin doubling after every halving and assuming that is sustainable.
It could potentially reach that value in the next decade or something if a lot of people start getting into Bitcoin and start investing notable amounts.
Bitcoin in 200 years?
Actually I don't know whether the bitcoin has the potential to survive for ten more years or not.
But in any case, it seems too clear that the bitcoin price is absolutely unpredictable, so I don't think it is possible to see that price ever ($50000).
I think that is possible, because the price is always rise although sometimes goes down, it's normal and give trader opportunity to get profit by trading. BITCOINs devotee is increase every time and in my country necessity of bitcoin is always less that make the market positive I mean the price is always rise. I think BITCOIN price will be reach 50k/1btc in the future.
I know its impossible to predict, I am pretty sure some crypto-currency will make it through the years but if thats BTC or some other Coin in the future is hard to say.
I'd say that there is a very slight chance of that happening, somewhat like just 0.01% or so. But why 50-200 years? Do you want your soul to enjoy the money? I'd say, hope for less but in near future, somewhat like 2020-2025.
Bitcoin has the potential to even beat the gold...
No one know about the future of bitcoin, maybe it's can happen with bitcoin. but not, for now, it's a miracle if bitcoin can get value more than $50000. Nobody knows with this.
i dont think we will need to wait that much time because the price will have a lot of potential to grow
i think that in like 10 years bitcoin will reach such big price, that would be really cool in my opinion
Your probably looking for few percent of whole world economy to be done in Bitcoin only first. Quite possible even sonner than 50 years, but obviously the scaling in posible transactions/second would need to be much higher than current few per second. Without huge scaling, I dont believe speculation only (without actual utility) can lead to hundred times higher prices.
It won't achieve that huge price in next 10 years, we need to wait for a very long time to experience it, bticoin has potential to achieve that price but don't know how exact time it will take.
do you really want to predict the price after 50 years? in the last 50 years we have seen a huge development in tech industry so I do not think that bitcoin will be alive after 50 years because may be super computers would appear that can break addresses
If we have super computers that can break bitcoin addresses by then, then they will also be able to break bank accounts too so both would be obsolete. Either way id Say we will never reach 50k
Not the right question. You mean - will the buying power of one BTC equal the buying power of 50k USD today? Who cares if BTC is 50k if a can of coke costs $3,000...
everything always possible in this world, maybe btc price would be reach $50k maybe in 100-150 years later, but maybe btc price would be down to $0.1 at that year, no one knows.
This is not impossible to happen, as long people use bitcoin and year after year there are many bitcoin user becomes, and many big companies around the world accepting bitcoin, well its possible. The exact question is when will be the specific time for that. And maybe I'm too old when it happens.
It' impossible to happen even in the future.. i think the maximum price will be in bitcoin is 5k value this is i think will be the price in the future..
But we don't what will happen in the future. we are lucky if we see that the price will be 5k in few years..
perhaps yes 1 BTC will reach to $50k soon but my questions is does bitcoin will survive untill next 200 years?
because if it is possible i'm pretty sure that we all in these forum won't be witness because nobody in this world could life over than 200 years