Quote from: ajareselde on June 19, 2015, 07:23:34 PM

Quote from: BigBoy89 on June 19, 2015, 07:16:19 PM

Quote from: Amph on June 19, 2015, 06:42:43 PM

we aren't there by any means, a trillion is 1K billion in the short scale, and we are still at a mere 4B

we need to do a x250, which mean a price of 62.5k, something a bit crazy, that won't be reached before 3 halving at least

an interesting thought by Winklevoss twins that Bitcoin as a payment system will surpass visa+mastercard+amex+ other major payment systems= 400 Billion$ and be in Trillions of dollars https://youtu.be/uEIPzl4Bx5I?t=137 , so primarily it is a point of time when people start switching from these payment processors to Bitcoin, it should reach the average Joe's throughout the world from a Hotdog seller in the US to a peasant in India., thats the time probably Bitcoin will reach a trillion$ market cap.

I wouldn't place much faith in WW brothers, they seam to be easy on words in most cases, but on this one ill give them credit.
There's no reason why bitcoin shouldn't replace most, if not all other alternatives. It's just a matter of time and struggle it will take to get there.
But i must say, expecting prices of 60k+ is a very far dream, and even if it is to happen, it wont be anytime even remotely soon.

cheers

The CEO from Xapo expects a price of 500 to 1 million dollar per BTC in the next 10 to 20 years. It sounds insane but so did BTC ever reaching 1K back in 2009. If Bitcoin manages to be the #1 worldwide electronic money transaction system it is pretty much guaranteed that we'll see something along the lines, but we aren't used to seeing assets being worth that much "per share" so it creates cognitive dissonance and it makes you think it's impossible, but it isnt.