Quote from: anavuajna on November 09, 2016, 07:57:34 PM

Quote from: Positid on November 09, 2016, 11:51:10 AM

Quote from: carlfebz2 on November 09, 2016, 10:34:47 AM

Quote from: uname on November 09, 2016, 09:19:10 AM

Quote from: bamboylee on November 09, 2016, 08:02:52 AM

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.

I also think that the price will rise. But it is not sure that this price ever reaches 50k. I do not know what is going to happen that happen. Everything has its limit

I agree that everything might have its limits, so similarly bitcoin may have its limits beyond 50k price level too, yes we cannot say that bitcoin may fall within the limit before reaching 50k price levels. In my personal opinion, I am saving bitcoin for my retirement life for the target price of 10 million usd for one bitcoin.