Quote from: Famnant on June 21, 2017, 06:04:12 PM

Quote from: RastMan on June 21, 2017, 05:49:17 PM

Hello everyone,
Right now in France there is a great debate around the bitcoin. Many people predict huge multiplications of the price of the bitcoin. I found an article in a serious French newspaper that predicted a price of 500k $ of 1BTC in 2030 !
In your opinion, is it imaginable?

Links:
French: https://fr.express.live/2017/04/10/2030-bitcoin-vaudra-demi-million-de-de-dollars/
English: http://bitcoinist.com/bitcoin-will-cost-500000-2030-snapchat-investor-liew/

Very interesting as a topic, why not? Who knows what the BTC will be worth in 15 years? Will it be more present in our purchases? So many unanswered questions, for now I prefer to keep my Bitcoins.

Good initiative, in 15 years remains to be seen what would be worth $ 100,000 in everyday life. Purchasing power will also play a role.

Quote from: bitex.in on June 21, 2017, 06:58:49 PM

It could be possible before 2030 becoz adoption or bitcoin is less but rising of price creates too much attention to new people . new people discuss about price not about technology ..... till 2030 whole world will understande about this technology , world should be thanksfull to satoshi who gives this wonderfull technology

Before 2030 there will be explosive rises of bitcoin but I dont think 500000$ ... but you are right with the adoption of the bitcoin there will be greater demand what will influence the prices of bitcoin upward

Quote from: Cicada1033 on June 21, 2017, 07:04:14 PM

I guess if everything works out perfectly bitcoin can indeed archive that amount of value by 2030. But there are many influancial factors which we don't know will corespond with the value of BTC and cryptocurrency. There hasn't been a major financial crisis since 2008 and no bigger war for a long time just to name two. But I strongly belive that bitcoin multiplied it's value many time by the year 2030.

Btw if you want to know how much "money" is invested in all different assets check this site out: http://demonocracy.info/infographics/world/lqp/liquidity_pyramid.html

Even a big crisis will not influence the course of the bitcoin, since the supply and demand applies to the bitcoin, I think that if there is a crisis the bank system will collapse and all this will benefit the bitcoin.

Quote from: KrakAJAX on June 21, 2017, 07:09:38 PM

It's an interesting prediction, but I find the farther away each prediction is, there is an exponentially greater chance that the prediction is off. First off, when are we hitting 10,000? The Clif High prediction is a good start.

If the conditions remain the same, Y will have a big boom in prices around 2021-2022, personally I'm sure that it will exceed the $ 10,000 if the conditions remain the same. With the recognition of the bitcoin the demand goes great so prices will climb even faster.

Quote from: cramcram21 on June 21, 2017, 07:44:20 PM

I hope you are right but what if bitcoin got surpass by another crypto currency would it still be worth that high,
I mean that is a long way to go so there could be a possibilities that some one could develop some crypto currency that could surpass bitcoin.

We all hope that it is true, we hope that the demand for the bitcoin will not go down and that there will be no scandal with this cryptocorrency