Image Source: Google
Possibly yes, but its difficult to say when!
The top of bitcoin price was $19700.
So the target $50000 is about 2.5 times of the top.
Will not be easy and this will need many years!
Anyway, I believe the price of bitcoin, will hit the $25000 on the end of 2018.
I think also it’s realistic for bitcoin price to hit $50000 in a few years!
No one know, when?
It is because bitcoin’s supply grow very slowly.
The problem is, if I will be alive, when the price of bitcoin will hit the 50K !!!
Thanks for reading.
Its just a matter of time, and to be honest I don't think bitcoin will be anywhere near 50k in a few years. This market moves way too fast to stagnate for that long. More like 50k this year and 200-400k in a few years.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I hope you are right, I think the other thing we must not forget about is the hard forks, most of them will be total bullshit and never amount to anything, but some of them will serve a purpose, so if you have one bitcoin and you keep half of all your forks and convert the other half back to bitcoin, it is like an investment that is growing, not only in the Dollar value, but also in Bitcoin value, the most important one.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I don't mind having these free forks lol However I believe they will diminish in value to the point where it isn't profitable for people to fork it.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
That would be nice, eventually, it hit it someday. By den, Steemit is gonna be huge.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
According to the Bitcoin growth pattern, we should'nt be surprised if it reaches $50k before the end of this year...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Definitely, but after hit $50000 will stable $20000 to $25000
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
We all have that dream. And hope very big, although it takes a long process.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Funny I was thinking about what will happen to our steem and steem dollars when we die?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
We must give the password to another before we die !!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yes, it be possible in cases, where we know we are dying on our death bed. But it be very unfortunate incases of an accident. It be money lost forever.
Who knows one just might get a heart attack at news of bitcoin hitting 50K. Lol
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
FB and other social media platforms have bulti-in "survivorship" (beneficiary) programs. Don"t know if Steemit has one?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Amazing and interesting post.
i love to follow and upvote you because of your interesting content.
Keep going. Good LUCK
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
In the end of the 2018.! :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
i think ,in the last of the year btc will hit 24000-28000
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
$50K would suggest a Bitcoin market cap of 8.7 Trillion. That would be too unrealistic and here's why. Big companies that have established themselves for years -namely Apple, Google, Microsoft etc have market caps of over or close to 500B. The current market capitalisation of the entire cryptocurrency space is also 500B to put things into perspective. Bitcoin reaching 50K while keeping 30% dominance would bring the overall market cap to a jaw dropping 29 Trillion. I am not saying that it cannot happen. But could it? @lordoftruth thoughts?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I think those companies sell a product not all people can maybe afford or be interested in buying, but Bitcoin is for anybody, you cannot be to poor or too young to own it.
Obviously Google is available to anybody, but I think more people will start moving away from them in the future when they realize what Google is doing with their data.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Bitcoin is a blackdimond.nice post thanks for sharing sir...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I think it might be at the end of 2018..... @lordoftruth
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Good work,keep it up.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank you lordoftruth for making a transfer to me for an upvote of 4.34% on this post!
Half of your bid goes to @budgets which funds growth projects for Steem like our top 25 posts on Steem!
The other half helps holders of Steem power earn about 60% APR on a delegation to me!
For help, will you please visit https://jerrybanfield.com/contact/ because I check my discord server daily?
To learn more about Steem, will you please use http://steem.guide/ because this URL forwards to my most recently updated complete Steem tutorial?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Good work
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@lordoftruth,
Low-Ball: $38K, High-Ball: $100K, Median-Call: $55K
(Read a gazillion articles [some fascinating, some boring] that express those predictions mathematically, using economic models, interpreting charts, legacy charts, forward looking-post distribution models [MCMC], etc. ).
Let's see what happens, shall we?
Namaste,
JaiChai
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
great one
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post has received a 5.72 % upvote from @booster thanks to: @lordoftruth.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Wow...great funny....
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
woww .. this is very good, hopefully it will be cheaper in target right.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I think Bitcoin will hit 50.000$ at the end of 2018.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
still waiting will reach there somewhere in future for sure
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yes,, your right (y).
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks for the information @ lordoftruth I am always happy to see your posts and always support you, even though I am very small with my voice.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I think so. I agree with your conservative expectations. We may not see a huge pump in the price anymore as we had seen in the past. Do you think John McAfee will lose on his bet? haha
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit