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Topic: 1 millon for a Bitcoin is this fiction or reality? - page 5. (Read 3008 times)

legendary
Activity: 1092
Merit: 1000
People says 1 BTC will be cost 1 Million do you believe in that?
You are estimating a much less price from what I have read in an article, according to you at the price of 1 million dollars for 1 bitcoin the price of 1 satoshi will be 0.1$ but I recently read a news article in which it was written that for the price of 1 satoshi to become 1$ bitcoin price should be $10 million and thus we an aim for that only on case when masses are investing their money in bitcoin only. And i dont think that this is going to happen too soon as right now the early adapters are also not fully confident in holding bitcoin due the spreading FUD.
hero member
Activity: 2198
Merit: 838
For a bitcoin to become $1million worth, do you know how much money has to flood into the market? There's not enough money in the world for that to happen. Unless the gov't around world pumps out paper money at incredible amount, and you all know what happens, right

Tldr; It's a pure fiction that a bitcoin will cost $1million. Not gonna happen. Never. Nada.


Well thats not true at all. There is MANY times more money in the world than the amount needed to make bitcoin worth 1 million dollars.
legendary
Activity: 1036
Merit: 1000
For a bitcoin to become $1million worth, do you know how much money has to flood into the market? There's not enough money in the world for that to happen. Unless the gov't around world pumps out paper money at incredible amount, and you all know what happens, right

Tldr; It's a pure fiction that a bitcoin will cost $1million. Not gonna happen. Never. Nada.
sr. member
Activity: 658
Merit: 256
Freshdice.com
People says 1 BTC will be cost 1 Million do you believe in that?
It's hard to tell because that's a huge amount of value for a currency, specifically digital currency. But maybe, it is somehow possible but in my opinon, it will only happen if and only if Bitcoin will be legal to all of the countries and will be used on daily basis and daily transactions because kn that way, the demand will surely increase as well as its market value that will result for Bitcoin to be that much expensive.
hero member
Activity: 1274
Merit: 513
I dont think bitcoin price will reach 1million dollars because that amount is very high. Even you wait forever and you die for sure it will not happen . Because for me the higest price of bitcoin maybe 30k dollars upto 50k dollars . But it depends always on the demand on the market if the price decreass or not. But I hope the price will reach 10k dollars in the next 2 years and continue to increase.
hero member
Activity: 840
Merit: 502
People says 1 BTC will be cost 1 Million do you believe in that?
Not in our lives, the possibility is there but it is not likely, so if you are thinking that you can become a millionaire with just one bitcoin then that is a mistake, right now you need about 230 BTC to be a millionaire in dollars, maybe in the next 10 years you could become a millionaire with 50 bitcoins but forget about becoming a millionaire with such a low amount of bitcoin.
sr. member
Activity: 1512
Merit: 316
As far as the price consideration from 4200 to 1 million is nothing more than a fiction. I do not say it wont rise it will but not to that extend that it can become 1 million any time. Our first target of 5k is being pending from some time  now hope so it can reach in Oct and may be 10k will also be a landmark in itself. Hope to see some good rise in coming time.
hero member
Activity: 994
Merit: 515
Get'em boys
Its a reality that could happen if we all play a part in bringing more people to use this technology but a million dollars for a bitcoin wont be happening for the next 10 years not until we have solid regulations to avoid people investing with fear in the back of their heads.
hero member
Activity: 3010
Merit: 629
Possible but it takes a long ride, the price of bitcoin determines in the supply and demand of the users. it is derived by the number of people that want to buy and sell them. it will be good if it became reality in the future so for now let us wait and see.
hero member
Activity: 2576
Merit: 666
I don't take loans, ask for sig if I ever do.
People says 1 BTC will be cost 1 Million do you believe in that?
I think that's too much but I am not saying that it is not possible. Maybe Bitcoin will only achieve that huge amount if it is already legal to most of the countries because the demand will surely be high when more people will use it as a currency. And if the demand is high, the value of Bitcoin will be expensive. But still, there'll many years to come for that to happen.
sr. member
Activity: 322
Merit: 250
People says 1 BTC will be cost 1 Million do you believe in that?

It is possible but it would take many years for it to become a reality. 1 million dollar for a Bitcoin is a very high value so there will be a great resistance to it and would take a very long time to be reached. A very high number of demand is also needed in order to attain that price so Bitcoin must be known by many people. And these people should be holding some Bitcoins. If these are met, we might see Bitcoin within that range.


Yes it is possible only but it's take time to reach 1million doller and so 1 million dollar for a Bitcoin is a very high value so there will be a great resistance to it and would take a very long time to be reached. So Bitcoin must be known by many people. Then only  a 1 millon for a Bitcoin is not a fiction and its came reality.
member
Activity: 91
Merit: 10
People says 1 BTC will be cost 1 Million do you believe in that?

It is possible but it would take many years for it to become a reality. 1 million dollar for a Bitcoin is a very high value so there will be a great resistance to it and would take a very long time to be reached. A very high number of demand is also needed in order to attain that price so Bitcoin must be known by many people. And these people should be holding some Bitcoins. If these are met, we might see Bitcoin within that range.
newbie
Activity: 40
Merit: 0
The real question is if bitcoin winds up over 100k, or 1m, would you convert to fiat? I got in rather late in the game but will be cashing out as time goes on to at least recoup my investment.
None will be converting it into the fiat and the fiat looks very worthless in my opinion. But as you can see the bitcoin will never worth a million dollar for each. But this just related to the dream from someone.
For it to be ever be worth $1M people will have to be buying & selling them at that price.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
The real question is if bitcoin winds up over 100k, or 1m, would you convert to fiat? I got in rather late in the game but will be cashing out as time goes on to at least recoup my investment.
None will be converting it into the fiat and the fiat looks very worthless in my opinion. But as you can see the bitcoin will never worth a million dollar for each. But this just related to the dream from someone.
hero member
Activity: 2856
Merit: 783
Burpaaa
The real question is if bitcoin winds up over 100k, or 1m, would you convert to fiat? I got in rather late in the game but will be cashing out as time goes on to at least recoup my investment.

It's too good to happen so it's impossible at the moment as we can see many news that more ICO got ban and the newest news came from Korea.
So if you have enough profit, you better to sell some of them since bitcoin still consider as risk investment so it's value will decrease unexpectedly
Investment always has a certain level of risk, no type investment has not any risk when we invest into it. Even save our money in bank still have high risk if this bank is not the national bank and own by a business or company Grin
Any amount that will involved on something we weren't sure whar the outcome maybe is a risk, when deciding where to put ot do research and plans so it will not be useless.
sr. member
Activity: 419
Merit: 250
The real question is if bitcoin winds up over 100k, or 1m, would you convert to fiat? I got in rather late in the game but will be cashing out as time goes on to at least recoup my investment.

It's too good to happen so it's impossible at the moment as we can see many news that more ICO got ban and the newest news came from Korea.
So if you have enough profit, you better to sell some of them since bitcoin still consider as risk investment so it's value will decrease unexpectedly
Investment always has a certain level of risk, no type investment has not any risk when we invest into it. Even save our money in bank still have high risk if this bank is not the national bank and own by a business or company Grin
sr. member
Activity: 518
Merit: 250
People says 1 BTC will be cost 1 Million do you believe in that?

Fiction more then reality. Cant say for sure it will be possible but for the moment this is really impossible we need first to get on some 10k 100k before we could even think to be on 1 million for single bitcoin.

This might happen but most likely that many wont see this price in this life time, its good for speculations but still unreal price to be at the moment.


It absolutely can't be 1 million dollars per bitcoin. We need to be realistis at this point even we're a nice supporter of bitcoin.

The limit will ve exist when bitcoin tries to climb up to the ceil.


I think this is too much pernyatan because of the bitcoin for heading 1 millon this could become a reality but desperately needed a very long even tens of years we will be waiting with an increasingly price bitcoin continuously rise without any changes in the price of the bitcoin. as a user of bitcoin also I expect will be demonstrating the value of bitcoin high prices on a daily basis
legendary
Activity: 1862
Merit: 1015
The real question is if bitcoin winds up over 100k, or 1m, would you convert to fiat? I got in rather late in the game but will be cashing out as time goes on to at least recoup my investment.

It's too good to happen so it's impossible at the moment as we can see many news that more ICO got ban and the newest news came from Korea.
So if you have enough profit, you better to sell some of them since bitcoin still consider as risk investment so it's value will decrease unexpectedly
newbie
Activity: 40
Merit: 0
The real question is if bitcoin winds up over 100k, or 1m, would you convert to fiat? I got in rather late in the game but will be cashing out as time goes on to at least recoup my investment.
full member
Activity: 128
Merit: 100
I believe it will happen. However we will take long time to gain that value price Bitcoin
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