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Topic: 1฿=$5m will happen on a normal day (Read 2100 times)

legendary
Activity: 2114
Merit: 1090
=== NODE IS OK! ==
August 19, 2015, 07:33:16 AM
#37
Also, this is not a price speculation post, it deals with social implications of dissociation caused by power redistribution
legendary
Activity: 2114
Merit: 1090
=== NODE IS OK! ==
August 19, 2015, 07:16:49 AM
#36
Ever since OP started this thread, btc price has been going southward. Let's keep this thread alive for as long as we can. This thread is jinxed!!! I love it!!!

LOL @1฿=$5m

My belly aches from laughing so much.

The timing does seem particularly funny that this was posted just before this dump. But don't worry it's just a bear trap to get some shorters in and then help push the price back up when they get liquidated.  Cheesy

You've seen though my plan of dumping 50 000 BTC!!!
legendary
Activity: 1442
Merit: 1188
August 08, 2015, 10:44:20 AM
#35
Ever since OP started this thread, btc price has been going southward. Let's keep this thread alive for as long as we can. This thread is jinxed!!! I love it!!!

LOL @1฿=$5m

My belly aches from laughing so much.

The timing does seem particularly funny that this was posted just before this dump. But don't worry it's just a bear trap to get some shorters in and then help push the price back up when they get liquidated.  Cheesy
full member
Activity: 318
Merit: 100
August 08, 2015, 09:46:13 AM
#34
Ever since OP started this thread, btc price has been going southward. Let's keep this thread alive for as long as we can. This thread is jinxed!!! I love it!!!

LOL @1฿=$5m

My belly aches from laughing so much.
hero member
Activity: 714
Merit: 500
August 08, 2015, 09:36:59 AM
#33
Does anyone believe bitcoin is going to fade away, as a different crypto (if it's out already or not) takes its place as the 'standard'?  Who knows if btc will be worth $5 in ten years...
sr. member
Activity: 434
Merit: 250
August 08, 2015, 09:26:58 AM
#32
troll detected

It seems my honeypot is still in working order. Cheesy
sr. member
Activity: 434
Merit: 250
August 08, 2015, 09:09:05 AM
#31
The OP is completely wrong, 1 bitcoin will be worth trillions of dollars in the future, because a nice meal/happy meal will cost 5 million dollars. It's sad, but that's reality, dollar will be worthless.
legendary
Activity: 2170
Merit: 1427
August 08, 2015, 02:09:13 AM
#30
Just NO.
legendary
Activity: 1442
Merit: 1188
August 07, 2015, 11:18:09 PM
#29
The market cap on a $5 million coin today would be 72 trillion (5,000,000 * ~14,470,500 = 72,352,500,000,000). The total market cap of gold is only 6 trillion, so putting a price tag of 5 million seems a bit out there.
sr. member
Activity: 322
Merit: 250
August 07, 2015, 10:55:16 PM
#28
talking about inflation is absolutely pointless. When people say bitcoin will be worth x, they mean bitcoin will be worth x in present value. No one has any idea how inflation will be in the future.


That said, I don't think 5 million/coin is very realistic. MAYBE 500k/coin under the most optimistic scenarios, but i wouldn't bet on it.
sr. member
Activity: 562
Merit: 251
ALCEDO
August 07, 2015, 06:20:14 PM
#27
1BTC=$5m will happen on a normal day and nobody will notice. You will be the richest man in the whole town / city / country and nobody will notice. I wouldn't dare tell anyone if I were you.

What are you doing to make this possible?

In this forum I see a lot of people sitting in their chairs 'waiting for the moment', doing nothing for BTC's future, only making their own business for enlarge their wallets... That's not the way.

I got 'only' 1 BTC, but if his value goes to 1 million Dolars tomorrow my life will turn completely, beacuse in my country with that money I can buy a very good house and use the rest of the money until my retirement -or that I hope  Roll Eyes-.

Our work as BTC owners is speak with people who don't got BTCs and make them very interested in introduce themselves on this currency and make the demand bigger... or what kind of miracle are you waiting? A global economic disaster?

I know lots of people are trading and working to stabilize BTC in a secure zone for your own interests at long term, but I have a question for them: do you prefer never be millionare but got profits every month until BTC falls or be 'a little less' millionare tomorrow making BTC grow?

If for you 1 BTC doesn't make the difference in your future life, you can send me one of them... 'oh, wait, it makes, better I save it'. Don't you see that?

That all is very beautifull, but if we don't move our asses we all be dead when BTC got the value that we were waiting for... or probably never.
legendary
Activity: 896
Merit: 1000
August 07, 2015, 06:06:24 PM
#26
keep dreaming  that prediction is beyond insane and will never happen. from where do you expect the money to come from to make the price reach $5 million?  Cheesy
legendary
Activity: 938
Merit: 1000
August 07, 2015, 02:50:19 PM
#25
still dreaming, maybe it will happen with Zimbabwe dollars
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
August 07, 2015, 02:47:15 PM
#24
1BTC=$5m will happen on a normal day and nobody will notice. You will be the richest man in the whole town / city / country and nobody will notice. I wouldn't dare tell anyone if I were you.

Even though I wish this happening, this is too much of money. For this to become reality, Bitcoin would have to be recognized by all the governments and used by half of population worldwide.

If I was to see $10,000 in the next 8-10 years, I would be a happy camper to be honest! Smiley
legendary
Activity: 1512
Merit: 1218
Change is in your hands
August 07, 2015, 12:01:01 PM
#23
1BTC=$5m will happen on a normal day and nobody will notice. You will be the richest man in the whole town / city / country and nobody will notice. I wouldn't dare tell anyone if I were you.

From what I think it will be only possible if the whole world economy crashes and there is no alternative then bitcoin, That way we can say 1btc could equal 5 million Dollars but then I guess Internet and bitcoin will become something only elite can access. There is no way there would be equality. Capitalism cant run if there is no inequality someone has to be exploited so that profits could be made its simple as that. It will be hard to imagine everyone is a millionaire in a capitalist society. Unless communism takes over there is no way you could enjoy something like that it my opinion.
legendary
Activity: 1512
Merit: 1012
August 07, 2015, 11:56:08 AM
#22
Bitcoin can rise ... but not on this proportion (5M USD).
But ramp up from 280 to 2800 in 1 month, it's possible ...

it's called, the halving.  Grin
sr. member
Activity: 451
Merit: 250
August 07, 2015, 11:52:16 AM
#21
To reach $5 we would need hyper inflatio. How much a beer or loaf of bread at that time?
legendary
Activity: 1862
Merit: 1004
August 07, 2015, 11:48:37 AM
#20
The big 1K pump happened out of nowhere and it took barely a day to get at the top, so yes it's very possible that the next bubbles catches everyone by surprise once again, so keep your eyes open and keep your coins held.
This pump were created by number of factors: first there were MtGox bot running at that time which were constantly buying and selling bitcoins.
Secondary, chinese market was blooming as restrictions of chinese government at that time were removed. And every chinese bitcoin miner were happy about this.
This occurrences caused exceptionally high bitcoin price and I doubt there will be more events like that in the future.
full member
Activity: 206
Merit: 100
August 07, 2015, 11:35:53 AM
#19
We are waiting for bitcoin to cross $400 and i don't think that bitcoin can reach 5 million well its a dream that can't be fulfilled.
legendary
Activity: 1204
Merit: 1028
August 07, 2015, 11:27:07 AM
#18
The big 1K pump happened out of nowhere and it took barely a day to get at the top, so yes it's very possible that the next bubbles catches everyone by surprise once again, so keep your eyes open and keep your coins held.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
August 07, 2015, 11:09:45 AM
#17
Lets not be silly we'll be lucky if we reach 500 dollars again
You're the one being silly if you really believe we will need luck to reach 500$ again, I have no doubt we will see 500$ before the end of 2016.

end of 2015  Wink


but you can see that alot people (even they are registered here) dont have an idea of bitcoins possibilities.
legendary
Activity: 2226
Merit: 1052
August 07, 2015, 11:06:55 AM
#16
I'll be cruising on yachts in Monaco, chilling with models, drinking expensive champagne but I doubt it's likely.

Unless of course U.S. dollar inflation is the reason that 1BTC=$5m.

In that case, $5m may not buy more than a nice dinner at a fancy restaurant.

sry pal, that wont happen. especially not overnight or in one day  Wink -

and EVEN if this would happen within some days/weeks - you would sell when we reach 3000 USD  Cheesy


but it could be worth hunderts of thousands of USD in 20 years maybe.


(or zero  Wink )


you can play with that:

https://www.youtube.com/watch?v=g2nXgK34HIM

^^These two guy get the reality. Everyone else is speculating.
member
Activity: 112
Merit: 10
Crypto-Games.net: DICE and SLOT
August 07, 2015, 11:04:49 AM
#15
1BTC=$5m will happen on a normal day and nobody will notice.

Okay.

I don't suppose you can make it happen tomorrow could you? Only, I've got my rent coming up.

In a more likely scenario, you'll be a multi-millionaire for about 2 minutes and yourself not have noticed, and by which time you do, the price will be lower than it is now.

Always look on the bright side, that's what I say. Smiley

I hope you're right, I'll be cruising on yachts in Monaco, chilling with models

You won't be 'chilling' with models... we all know very well what you will be doing with those models though. Wink
legendary
Activity: 1834
Merit: 1036
August 07, 2015, 11:04:42 AM
#14
I don't think that will happen, not even 10% of $5 million USD or even 1% of $5 million USD.
But that will be great if that happens. BTC is even having a hard time to reach or stay at the $300 USD level.
And my question is why will it even reach that amount $5 million USD per 1 BTC?
legendary
Activity: 1862
Merit: 1015
August 07, 2015, 11:00:35 AM
#13
1BTC=$5m will happen on a normal day and nobody will notice. You will be the richest man in the whole town / city / country and nobody will notice. I wouldn't dare tell anyone if I were you.

Man,...I do feel bored about bitcoin value getting stuck around $300 and hope bitcoin going reach the unexpected value


This is very far from today.
Maybe when this happens we will be long dead and watching our children do the fun with our investment.

I just remember BTC 10.000 pizza...
sr. member
Activity: 364
Merit: 252
August 07, 2015, 10:46:04 AM
#12
1BTC=$5m will happen on a normal day and nobody will notice. You will be the richest man in the whole town / city / country and nobody will notice. I wouldn't dare tell anyone if I were you.

There is no way in hell it could reach that amount of cash , there is just no way not even in 2140 (unless it's the price of a Happy meal on that time)  .
What you are saying make no sense , be realistic man we are struggling to go mainstream and after 6 years from the creation of Bitcoin the price is like ~280 $ so halving block or not , mainstream or not , the 5 million USD won't happen and I don't think someone would agree with you in this at least not without you giving arguments .

I was going to say...perhaps that will be the case if the USD goes into hyperinflation and a pair of shoes costs $5 million.

Until the volume of transactions is exponentially higher, I don't see the price being pushed up very high.

Anyways, making a speculative guess without any rationale FTL.
sr. member
Activity: 266
Merit: 250
August 07, 2015, 10:22:58 AM
#11
This is very far from today.
Maybe when this happens we will be long dead and watching our children do the fun with our investment.
hero member
Activity: 770
Merit: 509
August 07, 2015, 09:46:26 AM
#10
I'm doubtful that 1 bitcoin will be equal to 5 million USD in my lifetime. That is a hell of a lot of money buddy. I'd settle for 1 bitcoin being 5,000 USD to be honest.

What makes you think 5 million USD bitcoin's are realistic within the next 10-20 years. Don't get me wrong, I hope you're right, I'll be cruising on yachts in Monaco, chilling with models, drinking expensive champagne but I doubt it's likely.

5,000 USD is absolute peanuts if we are heading towards being a global decentralized ledger. Math says that demand on such scale must make BTC at least 5 figures, if not 6. Not sure about 5MM but you never know. If you have a double figures BTC wallet I wouldn't comment it to anyone, you don't want to tell people, maybe in 10 years you become a target of chiefs and envious people that didn't invest.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
August 07, 2015, 09:46:09 AM
#9
sry pal, that wont happen. especially not overnight or in one day  Wink -

and EVEN if this would happen within some days/weeks - you would sell when we reach 3000 USD  Cheesy


but it could be worth hunderts of thousands of USD in 20 years maybe.


(or zero  Wink )


you can play with that:

https://www.youtube.com/watch?v=g2nXgK34HIM
sr. member
Activity: 406
Merit: 250
AltoCenter.com
August 07, 2015, 09:28:31 AM
#8
For the sake of bitcoin I really hope it doesn't. I mean with a currency like that high price will be too powerful to exist in the world economy.
legendary
Activity: 3528
Merit: 4945
August 07, 2015, 09:22:44 AM
#7
I'll be cruising on yachts in Monaco, chilling with models, drinking expensive champagne but I doubt it's likely.

Unless of course U.S. dollar inflation is the reason that 1BTC=$5m.

In that case, $5m may not buy more than a nice dinner at a fancy restaurant.
full member
Activity: 164
Merit: 100
August 07, 2015, 09:21:05 AM
#6
we are struggling to even touch 300 and, you're daydreaming about 5M, it's better to not too overboard with the excitement, bitcoin will probably need decades for that amount, if it can ever achieve it...

Because only small fishes are fiddling with bitcoins. When real big whales get in, and they will, every HODLer will become dizzy.
legendary
Activity: 3248
Merit: 1072
August 07, 2015, 09:16:31 AM
#5
we are struggling to even touch 300 and, you're daydreaming about 5M, it's better to not go too overboard with the excitement, bitcoin will probably need decades for that amount, if it can ever achieve it...
legendary
Activity: 1722
Merit: 1000
August 07, 2015, 09:05:13 AM
#4
I'm doubtful that 1 bitcoin will be equal to 5 million USD in my lifetime. That is a hell of a lot of money buddy. I'd settle for 1 bitcoin being 5,000 USD to be honest.

What makes you think 5 million USD bitcoin's are realistic within the next 10-20 years. Don't get me wrong, I hope you're right, I'll be cruising on yachts in Monaco, chilling with models, drinking expensive champagne but I doubt it's likely.

This guy gets it.

It WILL be 5 million I agree 100% but I will be dead.
staff
Activity: 3500
Merit: 6152
August 07, 2015, 08:55:34 AM
#3
1BTC=$5m will happen on a normal day and nobody will notice. You will be the richest man in the whole town / city / country and nobody will notice. I wouldn't dare tell anyone if I were you.

There is no way in hell it could reach that amount of cash , there is just no way not even in 2140 (unless it's the price of a Happy meal on that time)  .
What you are saying make no sense , be realistic man we are struggling to go mainstream and after 6 years from the creation of Bitcoin the price is like ~280 $ so halving block or not , mainstream or not , the 5 million USD won't happen and I don't think someone would agree with you in this at least not without you giving arguments .
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
August 07, 2015, 08:49:47 AM
#2
I'm doubtful that 1 bitcoin will be equal to 5 million USD in my lifetime. That is a hell of a lot of money buddy. I'd settle for 1 bitcoin being 5,000 USD to be honest.

What makes you think 5 million USD bitcoin's are realistic within the next 10-20 years. Don't get me wrong, I hope you're right, I'll be cruising on yachts in Monaco, chilling with models, drinking expensive champagne but I doubt it's likely.
legendary
Activity: 2114
Merit: 1090
=== NODE IS OK! ==
August 07, 2015, 08:30:46 AM
#1
1BTC=$5m will happen on a normal day and nobody will notice. You will be the richest man in the whole town / city / country and nobody will notice. I wouldn't dare tell anyone if I were you.
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