Topic: 1 millon for a Bitcoin is this fiction or reality? (Read 3005 times)
1 million for me is too much for one bitcoin, I think in a real dream world we might reach 100k per bitcoin but not 1 million.
. I think btc can only go between $100k to $200k.
It's already a very nice target ! If BTC go to this level, even if I have very few of them, I would be so happy
. I think btc can only go between $100k to $200k.
It's already a very nice target ! If BTC go to this level, even if I have very few of them, I would be so happy
It's just a fiction. If they want to pursue that, well they need to plan a massive manipulation to make btc price go that far. I think btc can only go between $100k to $200k.
People says 1 BTC will be cost 1 Million do you believe in that?
It is possible and i believe that the price can be value at 1 million in a less year. Too much demand of bitcoin the more chance that bitcoin can be rise.
I agree. In cryptocurrencies, there is nothing that is truly impossible because of its supply and demand feature. I believe it will happen in no time, and I am hoping its value will again reach another milestone in the coming weeks. The high demand of Bitcoins as contrasted to its limited supply makes Bitcoins really expensive. I guess this is what Bitcoins are all about.
we all wanted to really have a good return o investment went it comes to bitcoin, knowing that it is highly volatile and most of us do want bitcoin to prevail as the dominant currency this world had seen, but 1 bitcoin reaching 1 million i think is far from fiction, however we should also consider other things, if bitcoin reaches 1 million usd as its value, the us dollar will become obsolete, it will only mean, one thing, the supply of bitcoin has decreased already and there might be shortage, we should not forget the law of supply and demand still applies, if bitcoin reaches that high and only a few could afford having 1 bitcoin, then other altcoins will be next currency and bitcoin will be another commodity like gold, if we look back gold was the dominant currency before but then came silver and copper coins, and gold became a commodity, that's why every paper note back then was backed up by gold, if it happens to bitcoin, the question will be, is fiat still alive and what altcoins are we going to use as standard in checking for the price of bitcoin. i think there is no doubt that bitcoin will reach 1 million usd but at what cost, will fiat be obsolete and what other altcoins can we use to check the price of bitcoin.
People says 1 BTC will be cost 1 Million do you believe in that?
I don't think it would reach that high. My prediction would only be at $50,000 for the next 20 years.But 1 million? That's too much. Bitcoin:s price will be extremely high when all bitcoin will be mined. By that Te the value gets too high because the demand is high and the supply is low. Better to start saving 1 bitcoin today. Be sure to take care of your health so you can still enjoy it. LOL.:p
People says 1 BTC will be cost 1 Million do you believe in that?
Yes i do believe in that. Due to unending support by the investors.
You know bitcoin price rely on the supply and demand, so since bitcoin is having more investors the value of it is getting higher. So to those altcoin if they got high investors or big investors surely they will have the same with bitcoin too. And this is the reason i see bitcoin crossing all the boundaries.
It is kind of myth according me. You have to believe Satoshi's words that he speculates the bitcoins the value would be 10k USD in 2025. For 1 million USD you have to wait till more than a 25 years atleast to find the bitcoins in the that cost.
You completely in dream to expect the altcoins value in sky rocket like bitcoin but it may get vanished out from the chart completely too.
Though it sounded like a dream. It's possible that it can happen. Should $7K btc value now, once considered impossible but now a reality.
People says 1 BTC will be cost 1 Million do you believe in that?
Yes i do believe in that. Due to unending support by the investors.
You know bitcoin price rely on the supply and demand, so since bitcoin is having more investors the value of it is getting higher. So to those altcoin if they got high investors or big investors surely they will have the same with bitcoin too. And this is the reason i see bitcoin crossing all the boundaries.
People says 1 BTC will be cost 1 Million do you believe in that?
I don't think it would reach that high. My prediction would only be at $50,000 for the next 20 years.But 1 million? That's too much. Bitcoin:s price will be extremely high when all bitcoin will be mined. By that Te the value gets too high because the demand is high and the supply is low. Better to start saving 1 bitcoin today. Be sure to take care of your health so you can still enjoy it. LOL.:p
But the market, however very unpredicatble, is still driven by the supply/demand. A lot of people noticed that buying bitcoin can make them profit in the future, but bitcoin is still mostly community focused with occasionally mainstream outbreaks. So now, with more and more people coming and getting interested in bitcoin the price will be raising, however what possibily worries me is the moment when the whole world recognizes bitcoin and every person on earth will start buying it. On one hand the high demand can make bitcoin very rare asset, thus creating a high price, but on the other with everyone getting interested in bitcoins it can lose it's investment value and become mainstream enough to land stable on some higher, but rather medium price and stay there for longer time. I mean, forex currency trading right now is about difference of $0.001 a day, when with bitcoin we are talking about even $1000 difference a day. Once it goes stable, people will lose interest in it.
People says 1 BTC will be cost 1 Million do you believe in that?
I don't think it would reach that high. My prediction would only be at $50,000 for the next 20 years.But 1 million? That's too much. Bitcoin:s price will be extremely high when all bitcoin will be mined. By that Te the value gets too high because the demand is high and the supply is low. Better to start saving 1 bitcoin today. Be sure to take care of your health so you can still enjoy it. LOL.:p 
Well the fact it hasn't happened yet shows that it's fiction. And realistically the likelihood if it ever happening is minute at best, that isn't to say however that it can't happen. It would just require everything to go pretty much perfectly in terms of bitcoin progression and adoption.
I'm pretty sure it WILL happen, though I doubt any of us would be alive by then.
I don't actually think it can reach that level at any time because no one would be able to buy it if millionaires are not interested in it no one would want to buy it because no one has 1 million for 1 coin.
Well the fact it hasn't happened yet shows that it's fiction. And realistically the likelihood if it ever happening is minute at best, that isn't to say however that it can't happen. It would just require everything to go pretty much perfectly in terms of bitcoin progression and adoption.
I believe almost $5000 within 7-8 years was a fiction back then in 2009/2010. No one could have believed the growth would be this rapid. We cannot really predict if it is possible or not, but anything is possible which pretty much would occur with a huge adoption than we have now, though may take a longer time. There will always be some little bit of jagged edges along the line, but it is normal and will survive.
the dollar must be completely worthless for that to happen. with the current value I don't see how that's possible
Possible but right now that is a long way off so it's just fiction right now, even $100,000 is a bit of a dream right now. Let's ask this question again this time next year and it might seem a bit more attainable.
That is right! At now, the price of Bitcoin is still can not breakout and reach its target at $5,000 and $10,000 for this year. So why do we should predict a far future as 1 million for a Bitcoin? I do not think it is useful when Bitcoin still can not complete small target. 
Why nobody thinks about the reverse side of the medal? Bitcoin can go up in price. Or we build a pyramid, and someday the price will fall to the bottom or by the growth of bitcoin prices, we see prices falling dollar. So I am skeptical about rising prices. I think that this is a deferred payment, and someday we will have to pay the full price.
Do you mean people speculate too much on Bitcoin?
I openly accept that BItcoin would have a very good value in the future but not something like a million. One bitcoin having the value of Bitcoin is pretty much hypothetical. It is not only with me but many would say it isn't gonna happen.
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