Post
Topic
Board Speculation
Re: I will not Die Untill Bitcoin will reach at Least 50K
by
Positid
on 09/11/2016, 11:51:10 UTC
This can happen but not because of bitcoin having a high value but because america has fallen and dollar is very cheap. I do not believe bitcoin will reach $50K in our lifetime. Maybe in the far future, it can happen but we will all be long dead before that happen. I am already happy if ever bitcoin reaches 2K.
yeah I do not think bitcoin can cost as high as it was when the price of the dollar is strong and there is no event or any event in the world, I'm sure the price of bitcoin will not be more than $ 1,000
I do agree with you,  there are  really some  speculation of  bitcoins price which seems  too unrealistic to   consider as  you  mentioned   its not  possible for bitcoin to reach  up as OP speculated  for about  $50k  per coin. Even  if we say that  making  the full adoption of bitcoin  it  wont still reach  up this amount.  If  it really does  reach  this  amount it  would take   centuries for sure , if   bitcoin is  still alive.
Let's see what the future can bring, but for $1,000 it's easy to make that happen as we are in the $700 range now and we are close to $800. I believe in the next few months including next year, we can see that price and let's just hope price will continue to rise.