Post
Topic
Board Speculation
Re: I will not Die Untill Bitcoin will reach at Least 50K
by
Vikingr
on 09/09/2017, 11:07:22 UTC
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.
For 50K dollars I think that would not gonna take so long, we will reach that price in maybe less than 5 years because
people are adopting with bitcoin and this year alone a great percentage has been achieve already.
Indeed, the price of $50,000 is not too far for the price of bitcoin to reach because we can get on that price within a decade because the price of bitcoin is starting to go up to $10,000 and if the other countries will also adopt bitcoin then there will be a lot of demands for bitcoin and the price can just go crazy up to $50,000.
It is very much possible that you’ll be living at that time when the price of Bitcoin will reach at 50k $. The way its market price is increasing with every passing day, it is very much possible for the price to rise this much. It might happen that it can take a bit more time than we are expecting but still it can happen.
I don’t think so bitcoins will need more than a score to touch 50k dollars because the way bitcoins market is establishing day by day, bitcoins are very much likely to touch this value before we get on wheelchairs, lol. I am much confident about this and that’s the reason holding my bitcoins tightly.