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Author Topic: Bitcoin owned by everyone  (Read 24142 times)

Offline TERMINO

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Bitcoin owned by everyone
« on: August 18, 2020, 02:22:53 PM »
FYI:
Bitcoin has a limited supply of 18,464,137 pieces of coins according to coinmarketcap.

Humanity population on 2018 was 7.594 billion, the current world population is 7.8 billion as of August 2020 according to the most recent United Nations estimates elaborated by Worldometer.

Humanity production is unstoppable though some died and yet there are new born.
Bitcoin is limited for productive creation.

I assume everyone invest in bitcoin what do you think will happen?
Do you think it is impossible that Bitcoin value will become $100,000, or $500,000 more years from now?
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Bitcoin owned by everyone
« on: August 18, 2020, 02:22:53 PM »

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Offline krypto4uvak

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Re: Bitcoin owned by everyone
« Reply #1 on: August 19, 2020, 10:04:25 AM »
In my opinion, when all bitcoin is mined, its price will rise very quickly. And it will reach a very high mark. This is my personal opinion.
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Offline Gurujebs

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Re: Bitcoin owned by everyone
« Reply #2 on: August 19, 2020, 02:29:28 PM »
Not everyone will adopt bitcoin for now perhaps the future might be certain. When the total available bitcoin become mine, there would definitely be a competition as organization would like to hold for themselves which directly or indirectly increases the price of bitcoin.
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Offline jet

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Re: Bitcoin owned by everyone
« Reply #3 on: August 19, 2020, 02:50:53 PM »
everyone is not interested in bitcoin neither cryptocurrency only few percentage of the world  knows bitcoin and the crypto as a whole. I think, it will be imposible to hold bitcoin in everyone in the world. even if btc will be recognize in all nation still there will be others that will oppose to it.
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Offline Malam90

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Re: Bitcoin owned by everyone
« Reply #4 on: August 19, 2020, 03:06:06 PM »
FYI:
Bitcoin has a limited supply of 18,464,137 pieces of coins according to coinmarketcap.

Humanity population on 2018 was 7.594 billion, the current world population is 7.8 billion as of August 2020 according to the most recent United Nations estimates elaborated by Worldometer.

Humanity production is unstoppable though some died and yet there are new born.
Bitcoin is limited for productive creation.

I assume everyone invest in bitcoin what do you think will happen?
Do you think it is impossible that Bitcoin value will become $100,000, or $500,000 more years from now?

It is possible to hit $100k as the supply is only maximum 21M. The popularity is increasing day by day and more and more people are becoming in touch of crypto. So demand of Bitcoin is increasing. If all amount is mined, surely it will hit higher than expectation. So, investment in Bitcoin is like investment in Gold.

Offline Gubre

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Re: Bitcoin owned by everyone
« Reply #5 on: August 20, 2020, 08:09:47 PM »
everyone is not interested in bitcoin neither cryptocurrency only few percentage of the world  knows bitcoin and the crypto as a whole. I think, it will be imposible to hold bitcoin in everyone in the world. even if btc will be recognize in all nation still there will be others that will oppose to it.
I agree.  In fact the very high price of bitcoin could be the very reason of its own weakness and I think if there is an organization in the future that will build better than bitcoin something unique but stable could be the very good one rather than btc.

Offline ayatoslaw

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Re: Bitcoin owned by everyone
« Reply #6 on: August 21, 2020, 12:24:48 AM »
It's difficult to make a conclusion of 100k or 500k usd, because it needs calculations based on charts and statistical data, and because crypto is growing so fast from year to year, it will be even more difficult to make predictions, such as HYPE ICO and end up becoming IEO and now DeFi, no anyone thought about this.

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Re: Bitcoin owned by everyone
« Reply #6 on: August 21, 2020, 12:24:48 AM »


Offline looterrific

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Re: Bitcoin owned by everyone
« Reply #7 on: August 21, 2020, 04:02:17 AM »
Bitcoin's price is limitless! As long as society continues to prosper. We might even see Bitcoin grow even if we are the type of civilization to venture into space (which is clearly in further years or decades). But take note, the only reason why Bitcoin is reaching this price level is because of the community. So it's really possible to get that $500,000 or more in the future.

Offline Tanimariya

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Re: Bitcoin owned by everyone
« Reply #8 on: August 21, 2020, 09:05:53 AM »
Of course if I could afford to invest I would invest in Bitcoin. Because I know that investing in Bitcoin can be profitable in the future. But I think investing in the moment will have to wait a long time for the price to rise. Bitcoin prices are not rising because it has no effect on the economies of different countries. The day the use of bitcoin will affect the economy, the price of bitcoin will be 1 million dollars. Will play a role in the global economy. There are reasons why some countries have not approved bitcoin and its price has not increased.

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Re: Bitcoin owned by everyone
« Reply #9 on: August 21, 2020, 02:51:44 PM »
if in my opinion if bitcoin is owned by everyone what will happen is that the price of bitcoin will go up and expensive because a lot of demand will push up the price of bitcoin to be expensive
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Re: Bitcoin owned by everyone
« Reply #10 on: August 21, 2020, 03:57:53 PM »
Bitcoin can be owned by everyone, but I think bitcoin will only be owned by those who have a lot of money, then for people who don't have money like me will not be able to own bitcoin, I can only have small coins.

Offline ayatoslaw

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Re: Bitcoin owned by everyone
« Reply #11 on: August 22, 2020, 01:18:57 AM »
Bitcoin can be owned by everyone, but I think bitcoin will only be owned by those who have a lot of money, then for people who don't have money like me will not be able to own bitcoin, I can only have small coins.
lol, you are not very confident, if someone has Bitcoin it doesn't have to be a large amount, even if you have 0.001 bitcoin or even 0.0001 Bitcoin, you are said to have bitcoin,
you can also buy ETH today, and sell when the price is 10k usd, i think it's a good idea, hold ETH but sell it when the price is like the current BTC price.

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Re: Bitcoin owned by everyone
« Reply #12 on: August 22, 2020, 02:40:33 AM »
there's no specific group that controls Bitcoin and no one is claiming to own it, so I guess BTC is for everyone. Satoshi is the creator but his identity still unknown to everyone and he is not showing to the world who he really is.

It's not impossible that BTC will reach 100k but it will count years before that prediction to happen. I believe it so because I see Bitcoin moving upward from less than a dollar to almost $20k in the year 2017.
« Last Edit: August 22, 2020, 02:47:21 AM by comer »
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Offline vegasus

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Re: Bitcoin owned by everyone
« Reply #13 on: August 22, 2020, 04:48:56 AM »
Do you think it is impossible that Bitcoin value will become $100,000, or $500,000 more years from now?
Not impossible but we don't know when it is. Bitcoin value is always growing day after day. If it becomes more popular and used by all people around the world, then the price should multiply. Then, the price can continue to increase more and more. Some have predicted it can reach $100,000.



Offline ayatoslaw

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Re: Bitcoin owned by everyone
« Reply #14 on: August 23, 2020, 12:51:23 AM »
Do you think it is impossible that Bitcoin value will become $100,000, or $500,000 more years from now?
Not impossible but we don't know when it is. Bitcoin value is always growing day after day. If it becomes more popular and used by all people around the world, then the price should multiply. Then, the price can continue to increase more and more. Some have predicted it can reach $100,000.
If it is used by everyone around the world, the price will be very expensive, even more than we imagine, because if we calculate in detail the maximum number of bitcoins is not enough for all people in the world,
100k usd is very small, now even bitcoin users are less than 20% of the world's population but the price is already expensive, what if it's 90%? 1 million usd could possibly happen.

 

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