BItcoin: The path to $10,000,000 ten million dollars per coin - page 13.

zviadits

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Quote from: mk4 on November 19, 2019, 10:31:19 PM

Sure. Bitcoin could be worth that price or probably even more if people realize the importance of bitcoin in general and how it's a potentially great store of value, but I really doubt it will be in 10 years. For bitcoin to reach that price in such a timespan, the current financial system probably needs to collapse for people to be dumping their fiat into bitcoin.

Countries will not switch to the Bitcoin system because it is impossible to manage it. New financial systems could be created on the national cryptocurrency or stablecoin, however this is absolutely unsafe.
In my opinion, it is just needed to get people involved in Bitcoin and use Bitcoin as a separate independent financial branch

HardFacts

member

Activity: 434

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Quote from: patroncito on November 22, 2019, 09:00:45 AM

a Government 'backed'crypto will fail in its first HACK because of its centralized nature. Servers will be centralized and very vulnerable

You cant pay for everything with gold because is not divisible as Bitcoin.

The PETRO in Venezuela is FAILING already and people prefer to use bitcoin instead.

NOTHING works in Venezuela, a dishonest example that means NOTHING.. Crypto will very likely succeed in CHINA.

Central banks all over the world are buying GOLD. So again, utter ignorance of reality on your part.

You will absolutely deserve what you get, stupid and intellectual dishonesty has consequences.

Hard Facts

patroncito

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LONG BITCOIN, SHORT BANKS, DUMP FIAT FOR BITCOIN

Quote from: HardFacts on November 22, 2019, 08:56:01 AM

Quote from: patroncito on November 22, 2019, 08:01:52 AM

People will stop using banks once they realize that Bitcoin is a way better store of value and they have 100% control of their money.

People don't write paper letters anymore. They send emails and chat messages. Banks are post offices that will disappears and Bitcoin they they internet email.

You are WRONG, and make a really bad, fatal assumption.

Crypto currency is the future of Money, yes, but it will NOT, NOT, NOT be bitcoin. The future and what people will use will likely be a gold, oil, or government backed cryptocurrency.

Bitcoin is just as bad as FIAT, backed by NOTHING.

REALITY: Bitcoin has been around for a long time, gotten lots of press and attention, and people are still NOT using it in place of fiat for transactions. A few transactions by aficionados yes, but not on any significant level. So you just going to ignore that unpleasant fact that proves you wrong Huh

You can ignore reality, but you can not ignore the consequences of ignoring reality 🤣🤣🤣🤣

and you are 1000 times WRONG.

a Government 'backed'crypto will fail in its first HACK because of its centralized nature. Servers will be centralized and very vulnerable

You cant pay for everything with gold because is not divisible as Bitcoin.

The PETRO in Venezuela is FAILING already and people prefer to use bitcoin instead.

HardFacts

member

Activity: 434

Merit: 29

Quote from: patroncito on November 22, 2019, 08:01:52 AM

People will stop using banks once they realize that Bitcoin is a way better store of value and they have 100% control of their money.

People don't write paper letters anymore. They send emails and chat messages. Banks are post offices that will disappears and Bitcoin they they internet email.

You are WRONG, and make a really bad, fatal assumption.

Crypto currency is the future of Money, yes, but it will NOT, NOT, NOT be bitcoin. The future and what people will use will likely be a gold, oil, or government backed cryptocurrency.

Bitcoin is just as bad as FIAT, backed by NOTHING.

REALITY: Bitcoin has been around for a long time, gotten lots of press and attention, and people are still NOT using it in place of fiat for transactions. A few transactions by aficionados yes, but not on any significant level. So you just going to ignore that unpleasant fact that proves you wrong Huh

You can ignore reality, but you can not ignore the consequences of ignoring reality 🤣🤣🤣🤣

todiboa

jr. member

Activity: 128

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Quote from: patroncito on November 19, 2019, 09:17:12 PM

Bitcoin is designed to be more scarce every single day while the population is almost required to increase its demand. Why? Because people will have to sell their failed fiduciary currencies per Bitcoin. The current financial system failed already and people will realize that Bitcoin is the only system to reset everything. Governments will try to create their centralized cryptocurrencies that will fail like the fiat due to hacks and the fact that people will prefer to use Bitcoin. Bitcoin is a blackhole that is swallowing every single fiat bill. 10 million dollars per coin is probably too conservative. People who dont own Bitcoin now will have to own in it later. Those who are acummulating BTC right now will be the richest people in the world. Bitcoin should hit that price in the next 10 years and there is nothing that could stop it.

I do not think that Bitcoin can grow so much. You must understand that growth over a certain price mark will force billionaires to arrange a slaughter for Bitcoin and then only tyrants will take possession of the coin. Is this what we want? I think that Bitcoin will be moderately regulated and the price will be adequate so that everyone can buy some coins and with no war for the accumulation of coins

patroncito

full member

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LONG BITCOIN, SHORT BANKS, DUMP FIAT FOR BITCOIN

***THIS IS A MUST READ IF YOU ARE HODLING BITCOIN OR PLANNING TO BUY IT****

https://medium.com/swlh/bitcoin-halving-everything-you-need-to-know-4573dc5b528e

patroncito

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Quote from: ?? on ??

US debt clock was created in 1989, aka 30 years ago.
FIAT has been running the entire time, so no worries here.

You whined earlier that Governments can't confiscate bitcoin,

https://cointelegraph.com/news/markets-crash-after-reports-that-binances-shangai-office-closed-in-crypto-crackdown

Quote

Chinese authorities have reportedly raided and shut down the Shanghai offices of leading cryptocurrency exchange Binance.

Citing unnamed local sources, The Block says that local police have shut down Binance’s offices after raiding the premises.
Between 50–100 of the exchange’s employees reportedly worked out of the Shanghai location.

Why don't you fly to China and tell their government , that your bitcoin deity protects them from RAIDs and imprisonment.
Go Ahead wave your private key at them.

Cheesy

FYI:
The DoomsDay clock for world wide nuclear annihilation was created in 1947.
It was 7 minutes until destruction in 1947.
Now it is 2019, 72 years later, the world is still here.
The moral is don't believe all of the shock clocks people make up.

FYI2:
Imagine if the Chinese Government , sells all of Binance Bitcoins that were held in the Shanghai office.
Bitcoin below $1K is not out of reach.
They could even use the proceeds to fund their Chinese crypto with Gold.
https://u.today/bitcoin-will-suffer-if-china-coin-gets-backed-by-gold-peter-schiff-responds-to-max-keiser

People will stop using banks once they realize that Bitcoin is a way better store of value and they have 100% control of their money.

People don't write paper letters anymore. They send emails and chat messages. Banks are post offices that will disappears and Bitcoin they they internet email.

yulionoo

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Quote from: avikz on November 19, 2019, 11:00:19 PM

It's not really a great idea to become overtly over optimistic. Rather it's important to understand the ground reality first! Governments around the world, will never adopt cryptocurrency as the main currency. No matter how many banks fail or how recession cripples our balls! If a reset in economy is ever required, it will be done by Gold and not bitcoin!

I personally would love to see bitcoin reaching 10 million because I would become a billionaire by then and probably be able to buy few lambos or Ferraris! But that's not going to happen!

Bitcoin will remain the king of the parallel economy like it is today. The adoption will increase with time so the value because bitcoin's supply will decrease at the same time! But 10 million dollars is just not achievable!

yes I agree with you I think the value of $ 10 million is too high and I think it is impossible to achieve in 10 years. and also not all countries can accept bitcoin. at this time only the developed countries accept bitcoin as the currency for payment. such as the United States, Japan, South Korea, Australia and others. third countries are still unable to accept bitcoin because they do not have the infrastructure and facilities that support crypto and are also rejected by the government. although many countries have accepted bitcoin but it will not make the price of a bitcoin bull up to $ 10 million. it's too high. I do not want to fantasize and expect too high on bitcoin.

patroncito

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Quote from: ?? on ??

Quote from: patroncito on November 21, 2019, 01:40:20 PM

KEEP HODLING FIAT. YOU HAVE A 2% DECREASE IN YOU PURCHASING POWER EVERY YEAR GUARANTEED. NEXT YEAR 10% IN 2022 25% AND SO ON. IDIOT

DUMBASS!

Bitcoin $9267.56 on Nov 7th
Bitcoin $7642.75 on Nov 21st

In 14 days, Bitcoin Purchasing Power Decreased by 18%

Hate to break it to you , FIAT is beating the hell of bitcoin for the last 14 days. Cheesy

patroncito=dumbass nutjob

FYI:
Can someone who speaks dumbass, explain to this nutjob, the bitcoin price verse fiat is going down not up.
Because he fails to understand English.

Look how your bank shit and fiat garbage goes to the toilet....look https://www.usdebtclock.org/

patroncito

full member

Activity: 398

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LONG BITCOIN, SHORT BANKS, DUMP FIAT FOR BITCOIN

Quote from: ?? on ??

Quote from: patroncito on November 21, 2019, 01:40:20 PM

KEEP HODLING FIAT. YOU HAVE A 2% DECREASE IN YOU PURCHASING POWER EVERY YEAR GUARANTEED. NEXT YEAR 10% IN 2022 25% AND SO ON. IDIOT

DUMBASS!

Bitcoin $9267.56 on Nov 7th
Bitcoin $7642.75 on Nov 21st

In 14 days, Bitcoin Purchasing Power Decreased by 18%

Hate to break it to you , FIAT is beating the hell of bitcoin for the last 14 days. Cheesy

patroncito=dumbass nutjob

FYI:
Can someone who speaks dumbass, explain to this nutjob, the bitcoin price verse fiat is going down not up.
Because he fails to understand English.

You are now a clown. What about 10 years? Huh

7800 dollara for one bitcoin and climbing......

BartS

sr. member

Activity: 980

Merit: 255

Quote from: patroncito on November 19, 2019, 09:17:12 PM

Bitcoin is designed to be more scarce every single day while the population is almost required to increase its demand. Why? Because people will have to sell their failed fiduciary currencies per Bitcoin. The current financial system failed already and people will realize that Bitcoin is the only system to reset everything. Governments will try to create their centralized cryptocurrencies that will fail like the fiat due to hacks and the fact that people will prefer to use Bitcoin. Bitcoin is a blackhole that is swallowing every single fiat bill. 10 million dollars per coin is probably too conservative. People who dont own Bitcoin now will have to own in it later. Those who are acummulating BTC right now will be the richest people in the world. Bitcoin should hit that price in the next 10 years and there is nothing that could stop it.

10 years is simply too soon for that to happen, and regardless of when that happens at that point the value of bitcoin in fiat will become irrelevant.

No one will exchange their bitcoin for useless fiat that cannot buy anything, we will begin to use all forms of money that cannot be printed at will by the government, so I'm really expecting that gold will begin to be used as well during that time since gold is really the only form of money that can really compete against bitcoin.

odolvlobo

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Quote from: patroncito on November 21, 2019, 08:14:37 AM

I have a question for everyone. Was 20,000 expected or even predicted in 2010??. If you have said that one single Bitcoin would be worth 20 thousand dollars in the next 20 years in 2010 people would just laugh and call you crazy, retarded and drug addict. Wake up!!!!!

Everyone is thinking in FIAT and stock market terms. Bitcoin is not a stock nor fiat.

Sure, $20k was unexpected, but I don't think anyone thought it was impossible. On the other hand, you can't provide any facts or numbers that might support your $10 million value. I can see the price potentially reaching $300k someday, and even $1 million because of speculation, but $10 million would be hard to justify.

If you could justify a $10 million price, then I would have to agree with you. But I don't think you can. You are fooling yourself with your wishful thinking and unrealistic expectations.

patroncito

full member

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LONG BITCOIN, SHORT BANKS, DUMP FIAT FOR BITCOIN

Quote from: ?? on ??

Quote from: patroncito on November 21, 2019, 08:32:39 AM

Quote from: ?? on ??

Quote from: patroncito on November 21, 2019, 08:14:37 AM

I have a question for everyone. Was 20,000 expected or even predicted in 2010??. If you have said that one single Bitcoin would be worth 20 thousand dollars in the next 20 years in 2010 people would just laugh and call you crazy, retarded and drug addict. Wake up!!!!!

Everyone is thinking in FIAT and stock market terms. Bitcoin is not a stock nor fiat.

A Company may buy back it's stock.
A Government will support it's FIAT.

Who supports Bitcoin, A Nutjob named patroncito.

Bitcoin now in the $7K range, still dropping asshat.
Guess you don't have the FIAT to support it.

A Company can issue unlimited stock and dilute your ownership percentage, or even go bankrupt.

A Government control its fiat, print unlimited amounts and tax the hell out of you.

At the end of the day MFKRS like khaos will have to use Bitcoin after the above assets go to zero or go to the grocery store with bags of cash because of hyperinflation.

BTC adoption is increasing year after year.

Everybody knows that your arguments are baseless. fgt

BITCOIN STILL WAYY ABOVE THE S&P 500 YEAR TO DATE DUMBASS

Does my Grocery Store accept Bitcoin? NO
Does my Electric Utility accept Bitcoin? NO
Does my Gas Station accept Bitcoin? NO
Does my Doctor accept Bitcoin? NO
Does my Government Accept Bitcoin? NO
Does my Neighbors Accept Bitcoin? NO
(They All ACCEPT FIAT!)

Ultra Dumbass Patroncito is so fucking clueless , the fact that in modern day life Bitcoin has close to Zero Acceptance.

Does the Electric Companies accept Bitcoin from the Miners, again HELL NO!

Bitcoin has failed as a currency, it only has ponzi speculation , which even that is failing.
Bitcoin lost another $400 since this morning, look to be in the $6K range next week.

Bubble burst at $20k, there are no dummies left to buy,
which is why asshats like Patroncito are trying to trick more people into pumping a dying bitcoin.

FYI: Suggestion
Hodlers should just refer to themselves as Money Bleeders. Cheesy

The new York stock exchange is trading Bitcoin? YES
Is Fidelity investments a Bitcoin custodian? YES
Is Bitcoin traded worldwide? YES
Is Bitcoin traded in the intercontinental exchange? YES
Are all fiat currecies going to hiperflation? YES
Are fiat currencies printed from nothing? YES
Is Microsoft getting involved in Bitcoin? YES
Is Starbucks getting Involved in Bitcoin? YES
Is Bitcoin Hashrate going up? YES
Are Banks afraid of Bitcoin? YES
is Bitcoin backed by math, cryptography and energy? YES
Does Bitcoin gets you freedom? YES
Is Khaos a idiot banker or central banker trying to scare people from Bitcoin? YES

All of the people you mentioned will accept Bitcoin in a few years and they will laugh at you,

KEEP HODLING FIAT. YOU HAVE A 2% DECREASE IN YOU PURCHASING POWER EVERY YEAR GUARANTEED. NEXT YEAR 10% IN 2022 25% AND SO ON. IDIOT

patroncito

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Quote from: HardFacts on November 21, 2019, 09:28:15 AM

Quote from: patroncito on November 21, 2019, 08:32:39 AM

BTC adoption is increasing year after year.

Everybody knows that your arguments are baseless. fgt

BITCOIN STILL WAYY ABOVE THE S&P 500 YEAR TO DATE DUMBASS

Anything can beat the Stock Market when it is in a bubble, even Bitcoin. It is great to be early in a bubble, people get rich from Pyramid Schemes all the time 💰💰💰💰 Bitcoin price is headed down, and its price is down way down over the past 2 years. How is that " Increasing Adoption " working out for you Huh

But hey, if you have so much " faith ", make sure you mortgage your house, and put EVERYTHING last cent you have into bitcoin !!!

Bitcoin has ZERO intrinsic value, and the only thing that gives it value is what some greater FOOL will pay for it, just like any ponzi scheme. Everyone here is so blinded by their greed that they will ignore facts and reason.

You can ignore reality, but you can not ignore the consequences of ignoring reality 🤣🤣🤣🤣

Hard Facts

Its funny how this kind of trolls try to talk down Bitcoin knowing that all they say is wrong ahahaha.

Bitcoin has been called a bubble since 10 dollars a coin. Anyways, your arguments have been proven wrong.

And you have not answered my question. From your point of view what is better than bitcoin?

icewitch0612

newbie

Activity: 29

Merit: 0

I think that the price can still be about $100,00, but no more.

HardFacts

member

Activity: 434

Merit: 29

Quote from: patroncito on November 21, 2019, 08:32:39 AM

BTC adoption is increasing year after year.

Everybody knows that your arguments are baseless. fgt

BITCOIN STILL WAYY ABOVE THE S&P 500 YEAR TO DATE DUMBASS

Anything can beat the Stock Market when it is in a bubble, even Bitcoin. It is great to be early in a bubble, people get rich from Pyramid Schemes all the time 💰💰💰💰 Bitcoin price is headed down, and its price is down way down over the past 2 years. How is that " Increasing Adoption " working out for you Huh

But hey, if you have so much " faith ", make sure you mortgage your house, and put EVERYTHING last cent you have into bitcoin !!!

Bitcoin has ZERO intrinsic value, and the only thing that gives it value is what some greater FOOL will pay for it, just like any ponzi scheme. Everyone here is so blinded by their greed that they will ignore facts and reason.

You can ignore reality, but you can not ignore the consequences of ignoring reality 🤣🤣🤣🤣

Hard Facts

G_Besar

hero member

Activity: 1120

Merit: 504

Quote from: mk4 on November 19, 2019, 10:31:19 PM

Sure. Bitcoin could be worth that price or probably even more if people realize the importance of bitcoin in general and how it's a potentially great store of value, but I really doubt it will be in 10 years. For bitcoin to reach that price in such a timespan, the current financial system probably needs to collapse for people to be dumping their fiat into bitcoin.

.

something that never knew even sure maybe it will happen ahead of the next 10 years not continuously the value of bitcoin will go up there will certainly be up and down, but for me personally if I already have more than enough profit it is satisfied for myself so I don't need to wait another 10 years because if I get what I want later, that's more than enough and I also think that if the value of bitcoin in the next 10 years increases, it really is beyond our logic, even true your word how the current financial system might collapse and they prefer bitcoin. we'll see in the future if that happens i'm sure no one can beat bitcoin even if there is indeed competition it is so heavy to shift bitcoin.

patroncito

full member

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LONG BITCOIN, SHORT BANKS, DUMP FIAT FOR BITCOIN

Quote from: ?? on ??

Quote from: patroncito on November 21, 2019, 08:14:37 AM

I have a question for everyone. Was 20,000 expected or even predicted in 2010??. If you have said that one single Bitcoin would be worth 20 thousand dollars in the next 20 years in 2010 people would just laugh and call you crazy, retarded and drug addict. Wake up!!!!!

Everyone is thinking in FIAT and stock market terms. Bitcoin is not a stock nor fiat.

A Company may buy back it's stock.
A Government will support it's FIAT.

Who supports Bitcoin, A Nutjob named patroncito.

Bitcoin now in the $7K range, still dropping asshat.
Guess you don't have the FIAT to support it.

A Company can issue unlimited stock and dilute your ownership percentage, or even go bankrupt.

A Government control its fiat, print unlimited amounts and tax the hell out of you.

At the end of the day MFKRS like khaos will have to use Bitcoin after the above assets go to zero or go to the grocery store with bags of cash because of hyperinflation.

BTC adoption is increasing year after year.

Everybody knows that your arguments are baseless. fgt

BITCOIN STILL WAYY ABOVE THE S&P 500 YEAR TO DATE DUMBASS

Firecold4

full member

Activity: 286

Merit: 101

I think $10.000.000 for one bitcoin is a value that is too high considering that many countries are blocking and making illegal bitcoin there even it's almost impossible to touch that value because in the next 10 years the bitcoin price range is only $ 100,000 - $ 250,000.

patroncito

full member

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LONG BITCOIN, SHORT BANKS, DUMP FIAT FOR BITCOIN

I have a question for everyone. Was 20,000 expected or even predicted in 2010??. If you have said that one single Bitcoin would be worth 20 thousand dollars in the next 20 years in 2010 people would just laugh and call you crazy, retarded and drug addict. Wake up!!!!!

Everyone is thinking in FIAT and stock market terms. Bitcoin is not a stock nor fiat.

Topic: BItcoin: The path to $10,000,000 ten million dollars per coin - page 13. (Read 3118 times)