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Topic: 1 Bitcoin = $1,000,000 (Read 9336 times)

legendary
Activity: 3556
Merit: 9709
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July 29, 2016, 04:58:28 AM
1 million USD valued bitcoin's. It's a dream for us but not really a reality, not in our lifetime any way.
Maybe our great great grandchildren could see that value if you put some bitcoin's in cold storage for them, maybe.
sr. member
Activity: 1540
Merit: 282
tBTC - https://dapp.tbtc.network/
July 29, 2016, 12:48:25 AM
who knows, or it go to 1 cent XD
full member
Activity: 126
Merit: 100
July 28, 2016, 09:05:59 PM
1 Bitcoin = $1,000,000 USD
21 Million Bitcoins = $21,000,000,000,000 ($21 Trillion USD)

If iwill save 80btc ,i will be a millionaire someday.
It will only happen to achieve that price in our dreams,but in reality it will not. Maybe 5000$ is the maximum of btc.
legendary
Activity: 1512
Merit: 1012
July 28, 2016, 06:02:20 PM
Of course the bitcoin never will achieve that price because the multiple factors required to see that drastic increase looks almost impossible to be achieved.

1 USD, it's impossible, Bitcoin is dead !
10 USD, it's impossible, Bitcoin is dead !
100 USD, it's impossible, Bitcoin is dead !
1000 USD, it's impossible, Bitcoin ...







Reality :




full member
Activity: 188
Merit: 108
July 28, 2016, 05:32:17 PM
just kidding and nothing else. how can it be possible that bitcoin will reach to such a high value. and how will people be able to buy it. if the price is getting high from the reach of the people then how will they buy it? i think in 2020 it will hardly reach to 2500 USD.

How can people afford a kilo of gold? (42 720 USD per kilo as of now) Or how about a ton of gold? Same logic, people will not buy a kilogram (1 BTC) but they will buy a 1 mBTC (1000 USD if 1 whole BTC is 1 million USD) which is like buying 1 gram of gold, same proportions.
full member
Activity: 196
Merit: 100
July 28, 2016, 03:38:33 PM
just kidding and nothing else. how can it be possible that bitcoin will reach to such a high value. and how will people be able to buy it. if the price is getting high from the reach of the people then how will they buy it? i think in 2020 it will hardly reach to 2500 USD.
sr. member
Activity: 296
Merit: 250
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July 28, 2016, 01:53:39 PM
ah yes the dream, that would be a nice day indeed
of course that would be a really great thing and i think that then a lot of people from the whole world would be using it

such growth would allow me to make some good money, in my opinion it will be really possible in a few years because bitcoin will change the world
legendary
Activity: 1638
Merit: 1046
July 28, 2016, 01:12:50 PM
If you want to sit back in hopes of those prices then  you probably never see them.
or they will just come when bitcoins will be replacing the currencies other countries have right now and i think it will be definitely possible we just need patience
Well i think we dont know what will happen in the future because the price of bitcoin is unpredictable it can be happen in the future but in other currency i think INR or indian currency or yen japan currency..
full member
Activity: 413
Merit: 100
https://eloncity.io/
July 28, 2016, 01:00:57 PM
If you want to sit back in hopes of those prices then  you probably never see them.
or they will just come when bitcoins will be replacing the currencies other countries have right now and i think it will be definitely possible we just need patience

Maybe not so distant of a prospect as you might imagine.  Some would put it at late September...


http://investmentwatchblog.com/how-deutsche-banks-35trillion-of-trades-puts-europe-in-peril-warnings-that-failure-could-bring-global-system-crashing-down/
sr. member
Activity: 394
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July 28, 2016, 06:41:28 AM
If you want to sit back in hopes of those prices then  you probably never see them.
or they will just come when bitcoins will be replacing the currencies other countries have right now and i think it will be definitely possible we just need patience
full member
Activity: 188
Merit: 108
July 28, 2016, 04:54:33 AM
You guys are unbelievable - "it's impossible", "maybe our grandchildren will see 1 Million per BTC" what a bunch of cry babies and ignorants:

  • Every single week I hear news that we are moving towards the cashless society. As far as I know the closest thing to cash is not gold or silver it's BTC for it's perfect divisibility and ease of transportation.
  • With negative interests already in place in more and more countries the only way how to escape this extra tax in place is through cash, cash is about to be banned - see point #1
  • USD M0 supply (M0 = bank notes and coins) is about 4 trillion USD, 1 million BTC is lost (or at least will never be traded) -> 4 trillion/20million and there you go 200k USD per 1 BTC is now easy. This is USD only, imagine if they go "cashless" in EU or some another country, you're easily at 500k USD per 1 BTC.
  • A lot people is storing value in gold, valuing it close to 8 Trillion USD total as of today, simply because they don't know any better or are "scared" of anything else. Do your own calculation but speculating half of it will go to BTC there is another 4 Trillion market cap for you (+200k USD per 1BTC value). Once the ice will start moving and we go "cashless" gold can be easily pumped to 20 Trillion before they realize that they bet on the wrong horse.

Feel free to say I'm wrong, but say why I'm wrong. If you say "it's not possible" without giving a reason you look silly to say the least.

Edit: To make my prediction complete - I expect all this happen before year 2030 (going cashless). Therefore predicting 1BTC to be worth 1 Million USD (in today's prices) in next 14 years or less.

Sources:
http://www.tradingeconomics.com/united-states/money-supply-m0
http://onlygold.com/Info/All-The-Gold-In-The-World.asp
hero member
Activity: 924
Merit: 506
July 28, 2016, 04:36:55 AM
If you want to sit back in hopes of those prices then  you probably never see them.
sr. member
Activity: 504
Merit: 250
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July 28, 2016, 04:24:58 AM
ah yes the dream, that would be a nice day indeed
i cannot agree with you to be honest, in my opinion it is really possible that the price is going to grow to a one million dollar price in like a decade
newbie
Activity: 27
Merit: 0
July 28, 2016, 03:42:41 AM
Great prediction, you can now build an app lol
what app? i think it is really possible that the price of the bitcoin is going to go up pretty soon, in my opinion we will be able to make such price to something like 30 years
It is never going to happen in 30 year, really it is only a day dream. May be the next generation people experience this price value.

When 1% of the world population use the bitcoin actively and have one transaction per day, the price will be over $1million.
hero member
Activity: 994
Merit: 502
July 25, 2016, 01:40:40 AM
Great prediction, you can now build an app lol
what app? i think it is really possible that the price of the bitcoin is going to go up pretty soon, in my opinion we will be able to make such price to something like 30 years
It is never going to happen in 30 year, really it is only a day dream. May be the next generation people experience this price value.
sr. member
Activity: 462
Merit: 250
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July 24, 2016, 11:11:14 AM
Great prediction, you can now build an app lol
what app? i think it is really possible that the price of the bitcoin is going to go up pretty soon, in my opinion we will be able to make such price to something like 30 years
sr. member
Activity: 302
Merit: 250
July 24, 2016, 11:05:20 AM
not gonna happen. it will possibly happened when all banks all over the world will be bankrupt because of war. and the only currency left is bitcoin.

I think that will happen in 30 to 50 years. If the dollar devalues faster, it will take much short period to get that.
sr. member
Activity: 378
Merit: 250
July 21, 2016, 03:22:49 AM
not gonna happen. it will possibly happened when all banks all over the world will be bankrupt because of war. and the only currency left is bitcoin.
global moderator
Activity: 2324
Merit: 1179
While my guitar gently weeps!!!
July 21, 2016, 03:17:41 AM
Anybody knows when this will happen? when 1 Bitcoin will make us Millionaire, in fact nobody has the answer, it is just like to keep dreaming with open eyes, maybe in the next Century our grand child will see that price.

I think  if after a century it reached that price, then we will be talking about satoshis when dealing with someone or when buying and selling... Imagine $1dollars will almost be equal to 1 satoshi  if it happens to pass 1 million dollar per bitcoin..  Cheesy .
X7
legendary
Activity: 1162
Merit: 1009
Let he who is without sin cast the first stone
July 21, 2016, 01:05:18 AM
ah yes the dream, that would be a nice day indeed
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