I am sure they can never be $50k per 1 bitcoin. It is unbelievable.
Definitely improbable in the short-term, but I see absolutely no reason why they
absolutely could not be. We'd need prices like that to support larger volumes of commerce.
You are right. In bitcoin cryptocurrency which is widely known and popular worldwide, I bet there is no reason that bitcoin cannot reach $50k. Because if we will observe, bitcoin's price hike is very fast to be established because of the continuous improvement and innovation added by the fact that whenever bitcoin's price rises, there are lots of people getting attracted to it adding to the massive number of consumers getting into large count of demands pushing bitcoin to rise its price. Though it is not that fast to happen, it is possible. Maybe not now, tomorrow but on the future it will surely reach that amount or even more.
Bitcoin can reach that price but there are two problems, the first is how long that is going to take and we do not have an answer to that and second is are you going to keep holding all that time or you are going to sell? Because not many people have the patience to hold for so long.