Topic: Bitcoin could be worth 100x more than today. (Read 6688 times)
i would like that i find some coins like that i am forgot about them
I think $10,000 would be good for BTC. That gives BTC a market cap of 210 billion USD. Any higher and we're talking record market capitalization (over 40,000 to break it), which is unreasonable in the near future.
$100,000 and give them a 2 Trillion USD market cap
I think both are too high prices for one coin. And I also think dividing bitcoin will not catch. People want one bitcoin, not satoshis or mBTC. And a 'satoshi' is a serious denomination?
I heard they BTC can increase the decimal if the creator choose to, meaning 1 mBTC can become 1BTC and 1 BTC become 1000 BTC... something like that...
They can just make it more divisible if that is the consensus. Right now there are 8 decimal places, giving 1BTC = 100,000,000 bits.
This way that can increase the divisibility (move the decimal place over) without stealing your wealth like banks do through inflation.
IAS
I think $10,000 would be good for BTC. That gives BTC a market cap of 210 billion USD. Any higher and we're talking record market capitalization (over 40,000 to break it), which is unreasonable in the near future.
$100,000 and give them a 2 Trillion USD market cap
I think both are too high prices for one coin. And I also think dividing bitcoin will not catch. People want one bitcoin, not satoshis or mBTC. And a 'satoshi' is a serious denomination?
I heard they BTC can increase the decimal if the creator choose to, meaning 1 mBTC can become 1BTC and 1 BTC become 1000 BTC... something like that...
$100,000? wohoo, I will be millionaire if I have 10 BTC now!!
It's too much. Nobody will pay that amount for 1 coin. Not even 10,000 for 0.1 or 1000 for 0.01. It's insane.
1000-3000? Maybe...
You make 1,000 to 3,000 sound like a slim possibility when you put it like that. It might not be a guarantee, but it's really not that far off from where we are now.
When bitcoin is worth 100x of today, the government would hire a bunch of FBI just to close down those Bitcoin company... This is one of the best way to go out of debts..
I think $10,000 would be good for BTC. That gives BTC a market cap of 210 billion USD. Any higher and we're talking record market capitalization (over 40,000 to break it), which is unreasonable in the near future.
$100,000 and give them a 2 Trillion USD market cap
I think both are too high prices for one coin. And I also think dividing bitcoin will not catch. People want one bitcoin, not satoshis or mBTC. And a 'satoshi' is a serious denomination?
When banks are consfiscating money and further talking about doing it en mass, you just want protection from the criminals. A profit to boot is nice. And you are talking denomination.
It sounds like you are simplifying BTC, don't understand it and are ignoring economics.
Start with this video and view the regulation nightmare one. http://m.youtube.com/watch?v=qHUPPYzzZrI&desktop_uri=%2Fwatch%3Fv%3DqHUPPYzzZrI
You have stumbled upon an ant-fragile disruptive protocall. And it is just crawling out of its cacoon.
Enjoy the show...
I think $10,000 would be good for BTC. That gives BTC a market cap of 210 billion USD. Any higher and we're talking record market capitalization (over 40,000 to break it), which is unreasonable in the near future.
$100,000 and give them a 2 Trillion USD market cap
I think both are too high prices for one coin. And I also think dividing bitcoin will not catch. People want one bitcoin, not satoshis or mBTC. And a 'satoshi' is a serious denomination?
I think $10,000 would be good for BTC. That gives BTC a market cap of 210 billion USD. Any higher and we're talking record market capitalization (over 40,000 to break it), which is unreasonable in the near future.
$100,000 and give them a 2 Trillion USD market cap
I think $10,000 would be good for BTC. That gives BTC a market cap of 210 billion USD. Any higher and we're talking record market capitalization (over 40,000 to break it), which is unreasonable in the near future.
Why not? It might hit 1 Trillion market cap just like that...
I think $10,000 would be good for BTC. That gives BTC a market cap of 210 billion USD. Any higher and we're talking record market capitalization (over 40,000 to break it), which is unreasonable in the near future.
and it's reasonable in the distant future. 
I think $10,000 would be good for BTC. That gives BTC a market cap of 210 billion USD. Any higher and we're talking record market capitalization (over 40,000 to break it), which is unreasonable in the near future.
$100,000? wohoo, I will be millionaire if I have 10 BTC now!!
It's too much. Nobody will pay that amount for 1 coin. Not even 10,000 for 0.1 or 1000 for 0.01. It's insane.
1000-3000? Maybe...
It is just a number, if there where 10 bitcoins, they would already be in the millions each, its just a number and its possible
A stock in Berkshire Hathaway Inc. is worth $172.000. Bitcoins could surpass that within a decade or so..
Never
cause Berkshire's stock might hit 1million when BTC hit 172,000$...I would bet that Bershire's stock, when BTC is $172,000, is MUCH lower than BTC. The two will come to be inversely related as one is built on a corrupt system run by corporations and militaries and the other is a bit of the dismantling agent.
I don't think very many people understand how disruptive BTC is.
IAS
It all depends on the bitcoin prices and the abusers of bitcoin
We as a bitcoin community will never become a massive currency if we have drug dealers using bitcoin
But If it does go x100 then Im happy
Drug dealers will use ANY currency. But i do think it's very bad for bitcoin's image... As the anonimity of bitcoin makes things easy for them. We as a bitcoin community will never become a massive currency if we have drug dealers using bitcoin
But If it does go x100 then Im happy
It all depends on the bitcoin prices and the abusers of bitcoin
We as a bitcoin community will never become a massive currency if we have drug dealers using bitcoin
But If it does go x100 then Im happy
We as a bitcoin community will never become a massive currency if we have drug dealers using bitcoin
But If it does go x100 then Im happy
$100,000? wohoo, I will be millionaire if I have 10 BTC now!!
It's too much. Nobody will pay that amount for 1 coin. Not even 10,000 for 0.1 or 1000 for 0.01. It's insane.
1000-3000? Maybe...
I once remember people said that when Bitcoin were 1 cents each...
I still remember a time when people said $450 was too much.
As the popularity of bitcoin increases, so will the scarcity. (especially since most people are just hoarding...)
Considering the fact that the bitcoin economy (trading of goods/services) is rather small, there's a lot of room for growth.
I always had the impression that bitcoin was popular for speculation, but an actual economy is still lagging behind. If bitcoin becomes mainstream, i wouldn't be surprised at all if the price went up by 100x.
But one thing i know for sure is that there needs to be an easier and quicker way to purchase bitcoins before the general public will use it.
Considering the fact that the bitcoin economy (trading of goods/services) is rather small, there's a lot of room for growth.
I always had the impression that bitcoin was popular for speculation, but an actual economy is still lagging behind. If bitcoin becomes mainstream, i wouldn't be surprised at all if the price went up by 100x.
But one thing i know for sure is that there needs to be an easier and quicker way to purchase bitcoins before the general public will use it.
How I am really not sure how the price will settle, I sold almost all now ( yesterday ) and now im waiting for the price to drop and buy. I hope Monday will be the day, something tells me the price will drop to 300$. Even if the price raises I will still earn a lot. So atm I am happy
I hate to tell you but, it is going up and up...
How I am really not sure how the price will settle, I sold almost all now ( yesterday ) and now im waiting for the price to drop and buy. I hope Monday will be the day, something tells me the price will drop to 300$. Even if the price raises I will still earn a lot. So atm I am happy
I hate to tell you but, it is going up and up...
It's over all very optimistic.. but then again they're dropping millions into it because of said optimism
that is not necessarily true.. they could be pump and dumpers who buy into the system, go around advertising it, which leads to increased prices.. and then a large dump when they've made huge profits.
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