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Topic: [2014-05-14] Could One Bitcoin Come To Be Worth $1 Billion? - page 2. (Read 1700 times)

legendary
Activity: 4522
Merit: 3426
"Billion" is never mentioned.

The original article used "billion" instead of "million", and it was changed later.
legendary
Activity: 1246
Merit: 1010
some typo in the URL... if you RTFA it indicates the possibility of 1 BTC going to 1 million of ALL international exchange used it exclusively.
"Billion" is never mentioned.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
I treat these projections like the estimates of bitcoin going to zero.  Very stupid guesses.
sr. member
Activity: 518
Merit: 250
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
legendary
Activity: 3766
Merit: 1217
Absolute BS. If one Bitcoin becomes equal to $1 billion, that means that the total market cap of the Bitcoin becomes $21,000 trillion. That is 100 times the world GDP. Not possible either theoretically or practically.
legendary
Activity: 2408
Merit: 1121
The press section has gone downhill. You'd think copy-and-pasting a URL wouldn't be such a task.

http://www.investopedia.com/articles/investing/051414/could-one-bitcoin-come-be-worth-1-billion-qa.asp

Its an interview with Gil Luria, Managing Director at the Los Angeles, California-based investment bank Wedbush Securities.
hero member
Activity: 546
Merit: 500
"404: Page Not Found"

I'd like to read this article. But I have my doubts that a bitcoin would be worth that much. I think overall people would get frustrated in doing transactions with so many zeros after the decimal and would prefer to switch to a coin like dogecoin or litecoin instead.
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