Quote from: BitDane on May 07, 2017, 11:10:05 PM

Quote from: Kang TB on April 10, 2017, 11:21:49 PM

helo,,
i read some article about bitcoin price could be reach $500,000 in 2030
and this analys come from the first snaphcat's investor

https://cointelegraph.com/news/bitcoin-price-will-reach-500000-realistically-snapchats-first-investor

the most question in my mind is,,

is that really realistically or just a dream ?

regards

For now it is like a dream. It is far from realistic because the prediction have lots of flaws. He just considered the exponential adoption but disregard resistance and problems that may occur within that time span. It also does not consider competition, who know by that time there is another altcoin that out performed, out growth Bitcoin in terms of community adoption.

certainly it is possible, however it is also possible pigs could fly starting tomorrow and poop nuclear versions of donald trump while in mid flight over tokyo and instead of everyone getting scared, they all just starting asking why a nuclear shithead is falling towards them out of the sky. Anything is "Possible" but that is as well as the price of bitcoin going to half a mil in 2030 not "Probable". Possible means there is a possibility that leads to it and there is as possibilities are limitless but probable it is not as probable means that are there enough possibilities that would lead to this result in the universe being realized?

It will be probable once fiats start collapsing but honestly i don't see a collapse so bad that half a million dollars bitcoin is achieved. Maybe $10,000 or even $50,000 but yo, 500k isn't likely at all.