1 Bitcoin = $1,000,000 - page 12. | Bitcointalksearch.org

ctlaltdefeat

sr. member

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Quote from: ijphlrnxewho on March 30, 2016, 10:11:45 PM

Each person own 1 Bitcoin and hold on to it for 20+ years.

Bitcoin is the best investment of all time. Owning Bitcoin is better than owning a house.

do you think owning bitcoin is better than sleep on street? Grin

i just wondering how you can really sure that bitcoin will succes and have $1000 price in more than 20 years?tell me something.

BitcoinSupremo

copper member

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I will be happy if bitcoin reaches 100.000 USD in next 5-10 years, I don't think it will happen but in 2014 there were a lot of news that bitcoin can go to 10.000 or even 100.000 USD in next 5-10 years. So far it hasn't proved to be true unfortunately for us all.

pumawolf

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the fuked up part is ,when a bitcoin hits 1 million, an sandwich will cost 500 bucks

ivanst776

legendary

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this is just like a Dream. I wish it happen one day. but it will not happen so soon.. it almost take 20 to 30 years. 1 bitcoin equal to 1 million US Dollar is not play of child. developers have to lots of work, bitcoin must be used in whole world by every single person. then may be the price go up.

Arcteryx

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EtherSphere - Social Games

Quote from: Kakmakr on March 31, 2016, 12:59:57 AM

At the rate that fiat currencies are losing their value, we might see a Zimbabwe scenario playing out soon, and a $ 1 000 000 per Bitcoin would be nothing strange. Let's say this does not happen and the fiat currencies keep their value, how many people will be willing to pay that amount of money or better yet, who would not have sold when the price reached $10 000 or $100 000 per Bitcoin. In the end, most Bitcoins will end up in the pockets of the super rich as a collectors item and a token to present their wealth. ^sad^

Welll putting it in that scenario, then it does make it plausible.
A country's economy can change for the worst in what is no time at all now a days. Just take Iceland for instance. Going bankrupt because it relied on fiat as it's currency is not a stable thing regardless of which country's government backs it. Having a crypto currency takes this ill nature away because it is free from regulation of any governing body or country for that fact.

Genius Einstein

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I hope that that would be the price of bitcoin today but unfortunately i do not think that that price can even be suggested. Unless the price of bitcoin becomes inflated and all currencies became inflated we can not even dream of such a thing happening.

NorrisK

legendary

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1,000,000 in 20 years is not that special if you factor in an inflation combined with natural growth.

Look at what house prices did in the last 50 years.. went from tens of thousand to hundreds of thousands. More people on the planet, less new houses being build than needed --> boom. Same will likely happen if people will want to hold more bitcoin than currently or more users want to hold it.

Kakmakr

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Leading Crypto Sports Betting & Casino Platform

At the rate that fiat currencies are losing their value, we might see a Zimbabwe scenario playing out soon, and a $ 1 000 000 per Bitcoin would be nothing strange. Let's say this does not happen and the fiat currencies keep their value, how many people will be willing to pay that amount of money or better yet, who would not have sold when the price reached $10 000 or $100 000 per Bitcoin. In the end, most Bitcoins will end up in the pockets of the super rich as a collectors item and a token to present their wealth. ^sad^

ObscureBean

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Quote from: DimensionZ on March 30, 2016, 11:13:15 PM

Mate I would very much like that but this is just wishful thinking. I would even be happy with Bitcoin valued at $10 000 in 20 years. However I would prefer to have a house at this very moment rather than hold speculative store of value and hope for its price to rise to the Moon.

My sentiments exactly. This is not even something I would think twice about, I'd take the house over Bitcoin any day.

Quote from: ijphlrnxewho on March 30, 2016, 10:11:45 PM

Each person own 1 Bitcoin and hold on to it for 20+ years.

This one is a good suggestion, if you can buy a couple of Bitcoins without it causing a dent in your budget, you probably should give it a shot. Just get 1 or 2 Bitcoins, store them safely offline and forget about them, it'll be interesting to see how much they're worth in 20 years time.

avikz

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Quote from: ijphlrnxewho on March 30, 2016, 10:08:21 PM

1 Bitcoin = $1,000,000 USD
21 Million Bitcoins = $21,000,000,000,000 ($21 Trillion USD)

Great to dream on! But this is not going happen soon..With more and more countries making it illegal and taxing on the transaction, is actually making it more mainstream, which bitcoin is not supposed to be.

However, the more people will be interested in bitcoin, the more investment will flow in to the system and make it a more powerful currency. Hope for the best.

nichu

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Quote from: fuathan on March 30, 2016, 10:19:55 PM

Quote from: ijphlrnxewho on March 30, 2016, 10:08:21 PM

1 Bitcoin = $1,000,000 USD
21 Million Bitcoins = $21,000,000,000,000 ($21 Trillion USD)

When will it happen?.. Roll Eyes

the saddest part is, those kind of prices will only be in our wildest of dreams Grin

if that is the case i would be a bitcoin billionaire and most likely we would see some trillionaire's surpassing bill gates total wealth Grin

ShowOff

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Quote from: tenaciouzd on March 30, 2016, 10:23:46 PM

Quote from: ijphlrnxewho on March 30, 2016, 10:11:45 PM

Each person own 1 Bitcoin and hold on to it for 20+ years.

Bitcoin is the best investment of all time. Owning Bitcoin is better than owning a house.

I don't saying it won't happen in future but i don't think it will happen in 20 years. And if some hold bitcoin by selling their house.Their is risk bitcoin value can decrease to zero.But if i won a house it don't have any chance to zero.

Bitcoin will make you rich or make you bust in 50 years.

no one know what will happen in future, bitcoin will be rising or not . but almost every investment must have risk. just make sure you invest money that you afford to lose.

DimensionZ

sr. member

Activity: 350

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Shit, did I leave the stove on?

Mate I would very much like that but this is just wishful thinking. I would even be happy with Bitcoin valued at $10 000 in 20 years. However I would prefer to have a house at this very moment rather than hold speculative store of value and hope for its price to rise to the Moon.

hasiramasenju

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Quote from: fuathan on March 30, 2016, 10:19:55 PM

Quote from: ijphlrnxewho on March 30, 2016, 10:08:21 PM

1 Bitcoin = $1,000,000 USD
21 Million Bitcoins = $21,000,000,000,000 ($21 Trillion USD)

When will it happen?.. Roll Eyes

he says after 20+ years and if you want to be a millionaire you must hold your bitcoin until that years but i personally very doubt bitcoin will reach to that price

nagatraju

hero member

Activity: 672

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Quote from: ijphlrnxewho on March 30, 2016, 10:08:21 PM

1 Bitcoin = $1,000,000 USD
21 Million Bitcoins = $21,000,000,000,000 ($21 Trillion USD)

Is it possible, even after mining complete BTC (21 Million Bitcoins)?

Pro Gamers

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morir es descansar

20 years im gonna be a food for worms for sure during the year

aardvark15

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I hope this happens in my lifetime, but we shouldn't get our hopes up. I think we could see a bitcoin worth $1000 or more within a few years.

tenaciouzd

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Activity: 256

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Quote from: ijphlrnxewho on March 30, 2016, 10:11:45 PM

Each person own 1 Bitcoin and hold on to it for 20+ years.

Bitcoin is the best investment of all time. Owning Bitcoin is better than owning a house.

I don't saying it won't happen in future but i don't think it will happen in 20 years. And if some hold bitcoin by selling their house.Their is risk bitcoin value can decrease to zero.But if i won a house it don't have any chance to zero.

Bitcoin will make you rich or make you bust in 50 years.

fuathan

hero member

Activity: 1092

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Aleph.im

Quote from: ijphlrnxewho on March 30, 2016, 10:08:21 PM

1 Bitcoin = $1,000,000 USD
21 Million Bitcoins = $21,000,000,000,000 ($21 Trillion USD)

When will it happen?.. Roll Eyes

XXX-DR

newbie

Activity: 21

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Your looking long into the future, lol! But it can realistically happen though.

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