Do you think bitcoin price will hit $500,000 mark by 2030?

Hello, I read several times that bitcoin price depend on a US decision about the creation of Etf bitcoin. And it's apparently only a question of time before the first bitcoin Etf will be authorized. The price should increase with this decision, but not so high.

source ?

The website I read for cryptocurrencies news/market is a french website so I don't think it will be helpfull but I am pretty sure you will easily find articles dealing with this question in english or any language if you are interested in, I have many results with the words "etf bitcoin increase" with google, here are the links for the 2 first results but there are many others...:

https://cryptoslate.com/bitcoin-etf-will-increase-demand-and-price-of-btc-interview-with-finance-researcher-stephen-mckeon/

https://toshitimes.com/bitcoin-could-see-a-500-price-increase-if-etf-is-approved-according-to-study/

I have played on Bitfinex from to 2017 to 2018 and sell all my coins on 17K top. Now I have like 1-3 bitcoins for sam future transections. In my oponion, cryptomarket will rice and fall for many times in future, because global economy is moving in a sine wave due to more factors. So do not be upset, Bitcoin will be back =)

BTC is on the rise again and closing $8K. Almost 10% up in the last 24hrs. and it almost doubled in price since end of March.

$8000 !!! looks like the bear market is over, but I would still be cautiosly optimistic. 

will see. the volume is slowly getting back on track and last year was consolidation year. I do expect BTC to be bullish this year, but again i would be cautous when trading etc

I think that is possible but still looking at how volatile it is we can only hope it maintains its current peak which as I have observed is also something not possible as it will go down again soon. Thats a fact. 

Honestly i think that is a matter a little bit hard to predict... right now is on $ 8,000, but bitcoin is a very unestable coin... i think it will be the coin of the future, but i dont think thats going to reaach  that prize... too expensive.

The rate was over $8800 the last time I've checked it today, looking good, I hope it could even stretch to over 10k, but let's see if that would be possible at all, quite unpredictable as some of you mentioned above.

getting close to $8K again. 

That's nice, wonder if we have any smart investors here buying when the btc rate was at it's lowest point of like 3 grand just a couple months ago, I've had never though it would reach such heights again...stupid me

hold onto your panties BTC just breached $8900. Lets see if it goes up or we its gonna correct.

giddy up 

Yeah I think that's a good advice

Holding to my coins for so long that I won't give up now..looking really good lately as it raised above the 9200$, fingers crossed

seems $10k is realistic now

Didn't checked it for a few days and was amazed to see today it's raised almost to $11k mark now, that's nice...wonder if could go even further?

anyone caught the latest bull run?

i said this just 8 days ago and now its 11K

BTC has been on a run since the price was mid $3000 range ( April ). And now its closing $12K, so I would be cautious now LCB'ers. What goes up must come down , and we might be entering price correction soon according to some expert traders.

 End of the year some predict we gonna be hitting $20K again. Exciting times for sure.

Be smart :)

if Bitcoin were to hit the $500,000 mark I don't believe that anyone would use it.  I think because it's so volatile a lot of people have begun already to seek out other altcoins. I use cryptocurrency for gambling so when the price goes up so high it makes it not very convenient to play with.

"What goes up must come down" , you were right, it broke down below $10K . The one million dollar question is how deep it will be correcting... anyone ? :D

It is quite possible this month of July will be a month of correction. I wouldnt be surprised to see it below $9K easy.  I would be buying on dips .  What ever happens be cautious if you are trading.

I think this is Bitcoins final rise in value , Just high enough so that the people who invested when it was near 20k can recoup some of their losses then it will crash and not recover,  then a different crypto will take its place.

thats bit pesimistic view, no one really knows right?

It's pretty hard to imagine that it's value will be so high, but who knows..., but I do not think there is anyway it is going to get as high as that, far out man.., i will keep few $ in blockchain wallet waiting for 2030 to get rich...lol

Thank you Zuga for a nice topic.! I feel that it would be possible for the Bitcoin currency to grow tremendously and fast, particularly in the investor's market. But, with the breakdown of units, i.e. btc, mbtc, ubtc, satoshi, etc., it's a slim chance to reach $500,000 in my opinion in certain criterias. Though I feel that now is the time for Investors to move forward and capitalize during this high rate growth period. For small to medium bitcoin usage, the breakdown is being pushed in certain markets that I am still trying to learn the Bitcoin currency and totally lost understanding the conversions, which causes me to loose the Bitcoins that I have invested in.

Oh its going to be fazed out !!! it cost you way to much for perches. For example (Coinbase) charge  ya to perches- send - and there is a min of ,00015000 to send out ..... and if the price goes up like that againg that would be nuts . ill buy this time if it dropps . i was talked out of it when it was at 3GS and i kick my self in the ass for not buying a bunch...

$500,000 is pretty optimistic imo... though it’s definitely possible ...I hope so, I’ll make a bunch of wallets now and put about 0.01 btc now and hope for $5k in each in a decade that would be sweet

I can See how it was possible To think this a few years ago but now we all know there’s no way it’s going to ever hit there. Not with all the new cryptocurrency’s 

current price at $10,450 , will the price break $11K or go below $10K? to break or not to break  bulls vs bears 

Nope! Trumps gonna shut down ...

I think its gonna vanish....

I thought after libra was introduced

No more paper money??

Bitcoin will go up down slowly.

Its also crazy how so many new crypto out there. Its a gamble but after trump mentioned how bitcoin is bs.

I mean look at vaping... JULES was a booming industry, now they shut down... 

Its scary how bitcoin transactions can get lost with a misclick......

But for those who invested from the start, congrats.... what I see now is too much cryptos and just really shady trades and its online anonymous, really scary. If 500k by 2030 happens lol not a chance.

Under

it certainly seems crazy too think it could reach such an amount... but i guess we will have to wait and see.  crazier things have happened! 

Bitcoin will never cost so much if exchange rates don't skyrocket

Bitcoin will never hit 500k maybe 100k. Bitcoin already increased a lot so there are others about to do the same. Btc good for gambling and eliminating third party and good if u want to keep your transactions anymous.mcaffe think it go to 1000k but hecdo drug.

brrrr BTC is cold!  Looks like its going to retest 6000 regions.  ( $6670 atm on Bitfinex )

BTC briefly went up to $9,400, and with upcoming bitcoin halving is it realistic to hit $10K..? We shall see. Volatility is back , if you are a day trader be careful and never trade without a stop-loss.

Definitely. It should hit 12k in the nearest future.

It can but I think maybe $100,000 is more likely. Some say it can reach a million. That would awesome.

I hope it will get that high. Mcaffe says it could get to a millions dollars. He also on a crazy amount of drugs. But hey maybe he has good intuition.

I'm gonna put a few dollars in bitcoin and wait for it to explode. Then I'll have enough to cover the transaction fee.

As of yesterday yfi coin has surpassed Bitcoin and is worth over $22,000 a coin. Though there are only 29.000

I think it's very possible Bitcoin will reach the $500,000 mark by 2030 but realistically either three things will happen, 1. Either Bitcoin will continue to rise as the world continues to adopt the tech. 2. A new coin will become champion and take bitcoins place which everyone will begin to use. 3. A new.or udated version of Bitcoin is created with better features and ultimately takes over the number one spot.

*Just my opinion of course

There's more than a slim possibility of that happening. It's 2020 and we're already at $12,000. When all bitcoins are mined, there will be more people alive than there are bitcoin. So not everyone in the world is capable of owning 1 full bitcoin. That seems to me like they will be worth far more than $500,000. 

It will rise but not as much I think? 

2030 is pretty a long time, well from my view that's not impossible due to the current rise of Bitcoin, the only problem is that BTC is not stable it goes up and down. Current is raising very fast. So yes it is possible to hit that magin over time . Let's keep our fingers crossed 

as of 6 AM this morning one bit coin is worth$18,640 it's amazing So what does that mean for online gaming and  who benefits is it the players? Do we benefit or is it just another way for the casinos to make more money.  I'll come back to this.   So it's clear why online casinos use cryptocurrency.  I'm pretty sure our bank cards, debit cards or credit cards were never supposed to do all the things that they are doing now. We live in a digital age we had to come up with a digital currency. Some countries still don't legitimize it as actual money so the casinos don't have to follow the normal regulations because people aren't playing with quote real money.              Benefits I said I get back to this so this is what I'm wondering I have all this computing power with everybody making spins playing games so you pay me in this currency and then I convert it into my own currency where I'm able to manipulate the  value to better suit my needs.  I believe it was the third time I had deposited using cryptocurrency it was supposed to be instantaneous but this transaction  actually took almost an hour and a half and in that time the cryptocurrency I was using lost value I ended not qualify for whatever it was because I gave them less then what they said I was giving.  Think about that,,, Now first thing the market is constantly changing and crypto currencies price change yeah if you've ever watched it it goes up and down up and down every few seconds and I understand that there's all these protocols in place to keep everyone safe.  Just in the short period of time of my writing this  the price of Bitcoin is up $19 it's at 18,659.  OK so in this instance as a player let's say I buy$25 in crypto currency it increases 5% in a half hour I still have that whole $25 that I haven't lost but it's worth more now then it was when I started should I be compensated for that as a player?   Of course all is could be unfounded but this is been something that is on my mind ever since I was able to pay with crypto because I definitely feel that I'm losing not just once but twice maybe thats why  some casinos have more free spins than others or bonuses I don't know I do know that if I lost one bit coin 3 months ago that same bit coin is worth $8000 more today than it was 3 months ago so who won and who lost on that deal??

While I get that very few people believed bitcoin could ever reach the highs it has even recenly...   today it's at 19,000... but I think 500,000 is seriously a stretch.   

It will definitely go way up along with all other cyptos

BTC is on fire .  I do expect price correction soon.