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Author Topic: Is btc worth for $250000?  (Read 13916 times)

Offline Gubre

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Is btc worth for $250000?
« on: August 23, 2020, 03:10:24 PM »
Just come to think if bitcoin will hit such price,  do you think it's worth it?  If your are interested in bitcoin and the price is too much, are gonna take the risk?  I think this is the very reason of many investors to avoid their interest from btc.

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Is btc worth for $250000?
« on: August 23, 2020, 03:10:24 PM »

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Re: Is btc worth for $250000?
« Reply #1 on: August 24, 2020, 05:11:28 AM »
To be honest, people who are seeing value (for whatever reason) in Bitcoin are the same people who are investing with and holding their cryptocurrency for the long-term. We also have many good traders who are looking for any opportunity to make money using Bitcoin as a vehicle. Now, if one does not believe that Bitcoin has any value then we can sure that person will not be holding Bitcoin especially for the long-term. Since time immemorial, people are really questioning if Bitcoin is bringing in good value to the marketplace especially that right now we are already swimming with many good cryptocurrency alternatives claiming to be much better than BTC. In my view, BTC has many miles to catch up and must innovate more for me to say that it is really valuable and can be worth even a million. Until then, it is a good asset to trade.

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Re: Is btc worth for $250000?
« Reply #2 on: August 24, 2020, 07:25:22 AM »
Just come to think if bitcoin will hit such price,  do you think it's worth it?  If your are interested in bitcoin and the price is too much, are gonna take the risk?  I think this is the very reason of many investors to avoid their interest from btc.
The possibility of Bitcoin price reaching the above price is very difficult during a pandemic like this, but if we look at the dominance of the Crypto market against bitcoin by 59.2%, then nothing is impossible, because the number of requests increases and the number of new investors, I am sure the price will be rising slowly even though the price achievement above will take a long time.

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Re: Is btc worth for $250000?
« Reply #3 on: August 24, 2020, 08:48:29 AM »
Bitcoin is very potential to hit $25,000 specially if there is a massive  increase happen. The price movement of Bitcoin is dependant to market demands. Once there are huge demands Bitcoin will soar high and could hitv$25,000 or more.
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Re: Is btc worth for $250000?
« Reply #4 on: August 24, 2020, 08:54:49 AM »
Bitcoin reaching the highest price is normal, if you can buy at the lowest price then sell it at the highest price, you will get a profit. Investors will think twice if they have to buy bitcoin at its highest price.
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Re: Is btc worth for $250000?
« Reply #5 on: August 24, 2020, 08:58:14 AM »
We have a lot of people in the crypto currency market. Those who use Bitcoin and some users believe that the price of Bitcoin will definitely increase. Again, some users believe that the price of Bitcoin will not increase. So I don't think anyone who disagrees with this bitcoin can benefit. Because they can't hold bitcoin. They pay with bitcoin cells. But those who believe that the price of Bitcoin will definitely rise will benefit. Bitcoin is used by many. Some people earn bitcoin in different ways. There are some users who earn, who sell bitcoin. Again there are some users who hold bitcoin.

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Re: Is btc worth for $250000?
« Reply #6 on: August 24, 2020, 09:09:59 AM »
It's a huge price you were saying. Its not possible in near future. Bitcoin price is now around 11500$. We can expect it to go around 50000$ in upcoming years. Plz don't try to watch a dream like this. :D :D   
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Re: Is btc worth for $250000?
« Reply #6 on: August 24, 2020, 09:09:59 AM »


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Re: Is btc worth for $250000?
« Reply #7 on: August 24, 2020, 09:54:54 AM »
I don't think so, even though crypto assets are mostly Bitcoin, worth 1.183 million euros (equivalent to Rp20 billion) disappeared on the 2Gether exchange, after hackers managed to enter on July 31, 2020.  The exchange management is willing to compensate, so it is impossible if bitcoin reaches $ 250000

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Re: Is btc worth for $250000?
« Reply #8 on: August 24, 2020, 10:07:18 AM »
I think Bitcoin will reach that price. But this takes a long time. And so that banks begin to accept it and also begin to legalize it in countries. Then such a price can easily be.
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Re: Is btc worth for $250000?
« Reply #9 on: August 24, 2020, 10:30:08 AM »
Why not, bro? $25,0000 is probably the price of Bitcoin in the next few years. It always deserves for Bitcoin as it is a special coin in crypto space. It is like a mother of all crypto coins, we can't see again a coin like Bitcoin forever. But we don't know the exact time for Bitcoin to achieve that price.
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Re: Is btc worth for $250000?
« Reply #10 on: August 24, 2020, 10:51:29 PM »
everything is possible but to hit at $250k is just happening this year at the next year to come. I think it will count years before that happen. today, BTC is struggling to hold $12k if reaches this level it suddenly collapse. there are many predictions now to create hype but in reality we all don't know the next movement of Bitcoin in the marketplace.
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Re: Is btc worth for $250000?
« Reply #11 on: August 24, 2020, 11:46:16 PM »
$250000?
I think that it is a too high an expectation of the BTC price. So far the ATH is only $20k, around it. But to reach that high amount, I think it needs more and more years when the BTC has been acknowledged by all countries in the world probably.
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Offline zenbook

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Re: Is btc worth for $250000?
« Reply #13 on: August 25, 2020, 09:54:19 PM »
if bitcoin hits the price of $ 250000 it will astonish the world and will definitely make news. I thought it was worth it if bitcoins started to decrease every day due to mining. considering that bitcoin will reach ATH in 2021.
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Offline Gurujebs

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Re: Is btc worth for $250000?
« Reply #14 on: August 25, 2020, 10:07:40 PM »
Wake up from that slumber mate. Btc isn't going that range for now as we keep rejecting 12.5k resistant. It may be certain in the future but this isn't ideal at all mate.

Who will buy btc at that price even with hyper inflation?
« Last Edit: August 25, 2020, 10:10:35 PM by Gurujebs »
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