Re: What will be the maximum price of bitcoin in your opinion.

Quote from: The_Dark_Knight on September 26, 2018, 02:20:52 AM

Quote from: jrrsparkles on September 04, 2018, 05:39:40 PM

I knows that it is impossible to predict the maximum value of bitcoin but this thread was intented to express your opinion about the maximum price of bitcoin!

In my opinion the price of bitcoin will reach upto $1M as lot other says,no technocal analysis or based nothing just my opinion.

As time passes I care less and less about the maximum price that bitcoin can reach, what I really care about is the value that bitcoin can reach which is not exactly the same, I really think that in the next decades bitcoin will be so valuable that it could allow you to buy a house with a single bitcoin, and if you live in a country where there is a lower level of income it is entirely possible that you could buy several houses with just one bitcoin.

Yeah, it is actually not the same, even though when things become valuable, they tend to get more demanded for and hence, it brings about increase in price. I would join you as well in saying that the best thing we should be looking at now is the real life usage of bitcoin and there and then, is when we will be able to see good and sustainable growth based on real demand and not just some speculations.

Sure, speculations may be good for some at the moment, based on their ability to trade the market and taking advantage of the volatility, but for future sake, I believe we really need to be looking out for real demand instead.