Quote from: BillyBobZorton on June 28, 2017, 11:36:37 AM

Quote from: RastMan on June 21, 2017, 06:03:41 PM

Quote from: BillyBobZorton on June 21, 2017, 05:53:48 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/

Bitcoin is designed in a way that it will never stop going up as long as there is demand for it, and in 2030 the total supply becomes almost reached:

As you can see, the curve becomes almost a straight line. The price should be very, very high in 2030 if the demand is meet. Luckily, we are still early on, notice how in 2017 there is still a nice angle. The more straight the line becomes the higher the price (and the harder to accumulate).

Thank you very much for your representative graph;
In 2030 If the demand will be relatively the same the supply will be nil casing which will rarify the bitcoin.
I think it's time to invest in the bitcoin prices will only go up.

Here is another graphic that showcases how disruptive technologies explode in short amounts of time:

This is how the price will act... once people (and by people I include rich Wall Street moguls) realize the unique properties of bitcoin can benefit their wealth, they will buy some and once this happens, it will be a chain reaction and the current ups and downs will look like nothing in the all time graph in 10 years.

Thank you for your graph.
Yes, with a facilities by counties bitcoin will win on autority and bitcoin will have a BOOM.