Quote from: richmcrich on November 29, 2016, 08:00:10 AM

Quote from: boyptc on November 28, 2016, 06:41:08 AM

Quote from: mundang on November 27, 2016, 10:22:42 PM

Quote from: outatime1 on November 27, 2016, 08:51:14 PM

I see potential for bitcoin to reach $50,000 in out lifetimes, but there is no guarantee. A lot of things have to go our way for that to happen. But we have seen some good gains over the last couple of years.

Before the price of bitcoin reached 50k$ maybe that time im dead. Its to hard for bitcoin to go up on that price cause its too high to reached. Bitcoin cant even go 10k$ .

I am not even thinking that the price of bitcoin will ever reach up to $50,000 and for sure we were all be dead if the price of bitcoin reaches that. And it is quite hard for bitcoin to reach up to $1,000 and how if the price is going to reach to $50k but still we don't what will happen for bitcoin is full of surprises and there are some who do believes this exaggerated thing will happen.

In fact to reach for prices of bitcoin to such a high price it will take centuries, but the confident of the people may push to happen relatively early too.

I think people will not feel their investment is secured in such a high price, and also that bitcoin will become out of reach of common people they may not be afford to purchase bitcoin in such a high prices.

I can imagine that one day in several years we might see bitcoin be at about 5000$.
But I really do not think that it will get higher.
There are just too many investment opportunities out there, and too many other payment options as well.