nonce_ledgerMember
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#1May 15, 2021, 02:20 AM
So, do you guys think 1 Bitcoin could actually hit $50k someday? Maybe in like 50 to 200 years?
Could Bitcoin Ever Hit $50k?
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Honestly, I think it might take a while, like over 20 years, but it's possible. If Bitcoin keeps doubling after every halving, who knows?
CalmCipherMember
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#3May 15, 2021, 08:46 AM
2 centuries for Bitcoin? That's a long shot. I'm not even sure it’ll exist in 10 years. The price is super unpredictable, so reaching $50k seems far-fetched.
I believe it could happen. The price fluctuates but keeps rising overall. More enthusiasts are joining in, and there's a demand in my country. I see Bitcoin hitting that $50k mark eventually.
nonce_ledgerMember
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#5May 15, 2021, 05:15 PM
Yeah, predicting crypto is tough, but some coin will definitely survive. Just not sure if it'll be Bitcoin or something else.
laser_2017Newbie
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#6May 16, 2021, 11:26 PM
I’d say the chances of reaching $50k are like 0.01%. Why think so far ahead? I’d prefer a shorter timeline like 2020-2025. Bitcoin might even outdo gold.
Not sure about that. BTC has had its ups and downs, but it's never really dropped to a certain level for long, right? Seems unlikely.
The future of Bitcoin? Who knows! It’d be a miracle to see it go over $50k anytime soon. It’s all a big question mark.
I don’t think we’ll need to wait too long. In about 10 years, I feel Bitcoin could hit a new high. That would be amazing!
token_atlasSenior Member
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#10May 17, 2021, 03:13 PM
You might wanna consider how much of the world economy could shift to Bitcoin before that. It could happen sooner, but we need way better transaction speeds.
10 years? Haha, dream on! It’s gonna take ages. Bitcoin has potential, but honestly, no clue how long.
block_y1eldMember
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#12May 19, 2021, 04:14 AM
Why predict 50 years ahead? Technology has advanced so fast in the last few decades. I doubt Bitcoin will survive that long.
If supercomputers can break Bitcoin’s security, they can do the same to banks. So, it’s not just Bitcoin that would be at risk.
CyberFalconSenior Member
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#14May 19, 2021, 05:51 AM
That’s an interesting point. But I’d rather rephrase the question. Will Bitcoin's buying power be equivalent to $50k today?
Everything’s possible in this crazy world. Who knows? Bitcoin could hit $50k in 150 years, or it could drop to fifty cents.
True, I think we might hit $50k before 2030. But purchasing power? That’s a whole other discussion.
quantumstackMember
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#17May 19, 2021, 01:38 PM
As long as people keep using Bitcoin, and more companies accept it, there’s a shot. But when? That’s the real question.
Nah, it won’t happen. I’m betting Bitcoin won’t even hit $5k in the future. But yeah, we can’t predict the future.
Reaching $50k? Sounds like a pipe dream. The unpredictability of it all makes me think it'll never get that high.
oracle_moonNewbie
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#20May 19, 2021, 10:41 PM
Maybe, just maybe Bitcoin will reach $50k soon, but my big question is: will it even last 200 years? None of us are living that long!