It's too much! 1000 is ok, but 10,000?? Let's be serious.
I don't think so, 1million is just too high.... $10,000 is more likely...
Feels like haggling
Topic: 1 BTC = 1,000,000 usd - page 2. (Read 6069 times)
Feels like haggling
Do you think BTC will ever cost a millon dollars?
When?
When?
Yes.
Soon.
U will be able to buy 2 cups of tea for that million bucks.
That brings up a really good point. Sure, a million isn't out the question if inflation hits the fan and shits the bed.
Sounds about as unrealistic as when people talked about 1000$ when the price was 1$.
Ask yourself if that still seems unrealistic, it is just a question of when aslong as bitcoin stays intact.
Ask yourself if that still seems unrealistic, it is just a question of when aslong as bitcoin stays intact.
Holding is damn hard when you have to pay in fiat to live. Bitcoin can't be used for that so far. Until somebody manages to make a killer app or implement it so I can buy things, it's just a very good speculative instrument. And for me that is like taking your wobber out and pissing on bitcoin's ideology.
Bitcoin is gonna crash soon as everybody cares either for more fiat either for more fiat (you can see screamers saying they want more coins but in fact they want more coins to have more fiat)
Game over.
Actually you can already buy lots of things with a Bitcoin Interac card.Bitcoin is gonna crash soon as everybody cares either for more fiat either for more fiat (you can see screamers saying they want more coins but in fact they want more coins to have more fiat)
Game over.
Game just begun.
at best do not sell at all. just keep the coins
Most people would sell at $1000 so $1,000,000 is impossible...
Bitcoin $0.1 - most people would sell at $10
Bitcoin $10 - most people would sell at $100
Bitcoin $100 - most people would sell at $1000
...
..
.
.
Most people would sell at $1000 so $1,000,000 is impossible...
when 1 bitcoin was worth just three USD a couple years ago most said todays value would be a pipe dream.
How about 38 months ago when a bitcoin was worth less than a dime? $100 was a pipe dream.
Now the "crashes" in June 2011 and April 2013 seem like minor corrections along the way. Some day we'll see the crash from $2000 to $350 the same way.
Hold, hold, hold.
Holding is damn hard when you have to pay in fiat to live. Bitcoin can't be used for that so far. Until somebody manages to make a killer app or implement it so I can buy things, it's just a very good speculative instrument. And for me that is like taking your wobber out and pissing on bitcoin's ideology.
Bitcoin is gonna crash soon as everybody cares either for more fiat either for more fiat (you can see screamers saying they want more coins but in fact they want more coins to have more fiat)
Game over.
when 1 bitcoin was worth just three USD a couple years ago most said todays value would be a pipe dream.
How about 38 months ago when a bitcoin was worth less than a dime? $100 was a pipe dream.
Now the "crashes" in June 2011 and April 2013 seem like minor corrections along the way. Some day we'll see the crash from $2000 to $350 the same way.
Hold, hold, hold.
when 1 bitcoin was worth just three USD a couple years ago most said todays value would be a pipe dream.
That's precisely what I fear, that we're living in a dream and we are on for a harsh awakening
I hope I'm wrong 
Surely the more tangible question should be, when will 1BTC buy me a huge house with a swimming pool, a Lamborghini, a Porsche for the missus and still leave me change for a around the world cruise and put my kids through private education.
There will be 21 000 000 bitcoins.
If 1BTC would be 1 000 000 mln dollars then I ask
is there 21 000 000 * 1 000 000 == 21 000 000 000 000 dollars in the world? (21 trillion dollars)
If 1BTC would be 1 000 000 mln dollars then I ask
is there 21 000 000 * 1 000 000 == 21 000 000 000 000 dollars in the world? (21 trillion dollars)
That is the magnitude:
http://www.tradingeconomics.com/united-states/money-supply-m1
http://en.wikipedia.org/wiki/Money_supply
Do you think BTC will ever cost a millon dollars?
When?
When?
Yes.
Soon.
U will be able to buy 2 cups of tea for that million bucks.
Do you think BTC will ever cost a millon dollars?
When?
When?
Yes, definitely!
The national debt of the U.S. already exceeds its GDP. There are only two ways out of this situation -- fiscally responsible spending or hyperinflation and collapse of the dollar. You've seen the way things are going. Do you really think the U.S. government is suddenly going to become fiscally responsible?
Lol you made the comment I wanted to make. This holds true for every country btw
.A better question would be "When can I buy a Bar of gold with one BTC" or "When can I retire (with no loss in income) if I have 1 BTC an average job"
Do you think BTC will ever cost a millon dollars?
When?
When?
Yes, definitely!
The national debt of the U.S. already exceeds its GDP. There are only two ways out of this situation -- fiscally responsible spending or hyperinflation and collapse of the dollar. You've seen the way things are going. Do you really think the U.S. government is suddenly going to become fiscally responsible?
There will be 21 000 000 bitcoins.
If 1BTC would be 1 000 000 mln dollars then I ask
is there 21 000 000 * 1 000 000 == 21 000 000 000 000 dollars in the world? (21 trillion dollars)
If 1BTC would be 1 000 000 mln dollars then I ask
is there 21 000 000 * 1 000 000 == 21 000 000 000 000 dollars in the world? (21 trillion dollars)
when 1 bitcoin was worth just three USD a couple years ago most said todays value would be a pipe dream.
That is one important point. At most there is an upper limit by 1 BTC = 1 mio USD. This is because of the divisibility:
1 BTC = 10E-8 Satoshi and lowest USD unit is 1 Cent
This implies 1 USD > 100 Satoshi
And vice versa 1E6 USD > 1E6 * 100 Satoschi = 1 BTC
The open question is then if the market can pump up the Bitcoin from its current level to above 1E5 USD.
Yes way IMO!
$1 M .. No Way 
When the last coin is mined.
And we will all be long dead on that date.
Well, except for me, because im gonna get cryonic-ized in a vat of liquid nitrogen and get revived.
And we will all be long dead on that date.
Well, except for me, because im gonna get cryonic-ized in a vat of liquid nitrogen and get revived.
Not if hash rate increase continue to outrun diffculty increase.
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