BItcoin: The path to $10,000,000 ten million dollars per coin - page 16.

patroncito

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Quote from: ?? on ??

Quote from: patroncito on November 20, 2019, 12:02:39 PM

Quote from: ?? on ??

Quote from: arbiter5 on November 20, 2019, 08:20:11 AM

Quote from: ?? on ??

They have been saying the same thing for years now.

Bitcoin bubble burst at 20K, the ride is all downhill from there.

Little secret , no one really needs bitcoin.
Which should be apparent from the way the price keep dropping.
It is a slow painful death, but it is still a death.

Tell me. Besides promoting your shitty signature, why are you even wasting your time here in a Bitcoin forum? Knowing that you're unable to think rationally in the first place. You're a worse bitcoin critic than Nouriel Roubini.

There is not one thing that bitcoin does , that is required by anyone.
Their are alternate means with greater stability and better price points, both in crypto and outside of it.

You foolishly believe bitcoin will make you rich, so you promote it,
your promotion like your get rich nonsensical belief are misplaced.

The Bitcoin Bubble burst at 20K, tether manipulation of the markets ran it's course, Grow up.

FYI:
Having people like you mindlessly promote bitcoin,
claiming it will make people rich, and then the most needy among us believe it and sell their homes, and end up homeless and broke.
If I can prevent that from happening to one person and their family, it was worth my time.

Bitcoin is a product/service , it is not a guarantee of riches,
Past Performance is Never a Guarantee of Future Profits.

I am sorry for you, but BTC is the only way to go. It is about freedom, and true value. I am here just to tell people the truth

Fine, Put it in Writing and Guarantee any new Investor , that since you are so certain bitcoin will go no were but up,
that you will cover any losses in price they suffer.

Their is a guy here that purchased 2 bitcoins at $18.5 K, why don't you offer to buy his 2 bitcoins at that price.

Go ahead make that promise to all of the people that you are lying too.

Why would someone take a "loss" after buying Bitcoin? You are thinking in US dollars terms only. There wont be such thing like a "loss" or a "profit". Bitcoin hodlers would never sell their coin for US dollars again once all fiat have become worthless. Being rich or poor will be measured in the amount of BTC you have by then. Nobody would change the future for the past.

franky1

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whilst miners still mine and at a cheapest cost to mine being say above $8k. and those not able to get that cheap mining cost are willing to buy at $8100
those miners wont sell for less than cost and those buying will buy for more, causing a price rise

so if mining costs go up the baseline 'value' goes up(periodic low)
as for the speculative price(periodic high). no one can predict when or how much it will be. but as long as their is baseline value that increases then the price will increase.

Tramirostronix

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Quote from: odolvlobo on November 20, 2019, 03:03:04 AM

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

... 10 million dollars per coin is probably too conservative. ...

$10,000,000 is ridiculous. How did you come up with that number?

$10,000,000 per coin means a total supply of $210 trillion. The base money of all the world's currencies plus the value of all the gold in the world doesn't even come close. So, even if Bitcoin replaces all the money and all the gold, it won't be worth $10,000,000 per coin.

Yes but you know everything is possible thanks to the blockchain technology ....
No indeed you are right, 1m$ /btc why not but 10 millions Roll Eyes

Aikidoka

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So ten millions dollars for 1 bitcoin it's gonna be kinda hard I think even in the future, but you're right about what you said, bitcoin is going to be the coin who will dominate in the financial market in the future and people will use it a lot, cause it's like unhackable and easier to use than other payment methods.

Hamphser

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Quote from: patroncito on November 20, 2019, 12:29:54 PM

Quote from: coolcoinz on November 20, 2019, 12:08:14 PM

It's possible that in 20 years Bitcoin will be worth as much but the only way for it to happen IMO is if the dollar hyperinflates.
Think about it, BTC will be w0rth 10 million USD but you will have to pay a million for a cheap car. It will more or less be the same as BTC used to be at 20k per coin, just the value of the USD will be a couple times lower. There's at least 30% chance something like that will happen in future. I don't believe USD will last in its current form for another 50 years. It will either be reset, like they did in Belarus, Poland, and many other countries, or it will cease to exist.

BTC is designed to work as a blackhole. It is in the process of killing the central banking system.

I highly doubt it would happen ever in the future, unless people starts to use bitcoin as their main currency in their daily lives. Of course it would take a whole new level of economics and business associates to begin using bitcoin as their main currency. But the way I see the economy today is far from what you perceive in the future.

patroncito

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Quote from: coolcoinz on November 20, 2019, 12:08:14 PM

It's possible that in 20 years Bitcoin will be worth as much but the only way for it to happen IMO is if the dollar hyperinflates.
Think about it, BTC will be w0rth 10 million USD but you will have to pay a million for a cheap car. It will more or less be the same as BTC used to be at 20k per coin, just the value of the USD will be a couple times lower. There's at least 30% chance something like that will happen in future. I don't believe USD will last in its current form for another 50 years. It will either be reset, like they did in Belarus, Poland, and many other countries, or it will cease to exist.

BTC is designed to work as a blackhole. It is in the process of killing the central banking system.

patroncito

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LONG BITCOIN, SHORT BANKS, DUMP FIAT FOR BITCOIN

Quote from: coolcoinz on November 20, 2019, 12:08:14 PM

It's possible that in 20 years Bitcoin will be worth as much but the only way for it to happen IMO is if the dollar hyperinflates.
Think about it, BTC will be w0rth 10 million USD but you will have to pay a million for a cheap car. It will more or less be the same as BTC used to be at 20k per coin, just the value of the USD will be a couple times lower. There's at least 30% chance something like that will happen in future. I don't believe USD will last in its current form for another 50 years. It will either be reset, like they did in Belarus, Poland, and many other countries, or it will cease to exist.

Wrong.....10 million USD of purchasing power.

coolcoinz

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It's possible that in 20 years Bitcoin will be worth as much but the only way for it to happen IMO is if the dollar hyperinflates.
Think about it, BTC will be w0rth 10 million USD but you will have to pay a million for a cheap car. It will more or less be the same as BTC used to be at 20k per coin, just the value of the USD will be a couple times lower. There's at least 30% chance something like that will happen in future. I don't believe USD will last in its current form for another 50 years. It will either be reset, like they did in Belarus, Poland, and many other countries, or it will cease to exist.

patroncito

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Activity: 398

Merit: 107

LONG BITCOIN, SHORT BANKS, DUMP FIAT FOR BITCOIN

Quote from: ?? on ??

Quote from: arbiter5 on November 20, 2019, 08:20:11 AM

Quote from: ?? on ??

They have been saying the same thing for years now.

Bitcoin bubble burst at 20K, the ride is all downhill from there.

Little secret , no one really needs bitcoin.
Which should be apparent from the way the price keep dropping.
It is a slow painful death, but it is still a death.

Tell me. Besides promoting your shitty signature, why are you even wasting your time here in a Bitcoin forum? Knowing that you're unable to think rationally in the first place. You're a worse bitcoin critic than Nouriel Roubini.

There is not one thing that bitcoin does , that is required by anyone.
Their are alternate means with greater stability and better price points, both in crypto and outside of it.

You foolishly believe bitcoin will make you rich, so you promote it,
your promotion like your get rich nonsensical belief are misplaced.

The Bitcoin Bubble burst at 20K, tether manipulation of the markets ran it's course, Grow up.

FYI:
Having people like you mindlessly promote bitcoin,
claiming it will make people rich, and then the most needy among us believe it and sell their homes, and end up homeless and broke.
If I can prevent that from happening to one person and their family, it was worth my time.

Bitcoin is a product/service , it is not a guarantee of riches,
Past Performance is Never a Guarantee of Future Profits.

I am sorry for you, but BTC is the only way to go. It is about freedom, and true value. I am here just to tell people the truth

patroncito

full member

Activity: 398

Merit: 107

LONG BITCOIN, SHORT BANKS, DUMP FIAT FOR BITCOIN

Quote from: ?? on ??

Quote from: arbiter5 on November 20, 2019, 08:20:11 AM

Quote from: ?? on ??

They have been saying the same thing for years now.

Bitcoin bubble burst at 20K, the ride is all downhill from there.

Little secret , no one really needs bitcoin.
Which should be apparent from the way the price keep dropping.
It is a slow painful death, but it is still a death.

Tell me. Besides promoting your shitty signature, why are you even wasting your time here in a Bitcoin forum? Knowing that you're unable to think rationally in the first place. You're a worse bitcoin critic than Nouriel Roubini.

There is not one thing that bitcoin does , that is required by anyone.
Their are alternate means with greater stability and better price points, both in crypto and outside of it.

You foolishly believe bitcoin will make you rich, so you promote it,
your promotion like your get rich nonsensical belief are misplaced.

The Bitcoin Bubble burst at 20K, tether manipulation of the markets ran it's course, Grow up.

FYI:
Having people like you mindlessly promote bitcoin,
claiming it will make people rich, and then the most needy among us believe it and sell their homes, and end up homeless and broke.
If I can prevent that from happening to one person and their family, it was worth my time.

Bitcoin is a product/service , it is not a guarantee of riches,
Past Performance is Never a Guarantee of Future Profits.

Where do you work at? Bank of America? JP Morgan? Morgan Stanley? UBS? The fed?.

Hey....banks. fiat money and altcoins are DOOOOMEED. It is just a matter of time for a single BTC to have the purchasing power of 10 MILLION USD. Any argument will end up with that conclusion

patroncito

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LONG BITCOIN, SHORT BANKS, DUMP FIAT FOR BITCOIN

Quote from: ?? on ??

I do not think that ever the price will reach such a huge figure, it is unlikely.

It went from 0.001 CENTS to 20,000 dollars dude. People were saying that kind of statements when someone predicted 10 dollars. it could go from here to 10 millions EASILY.

kaya11

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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.

Far fetch far reality, no basis and graphical explanation, we have been in this for 10 years already and the price currently is still on the verge of collapsing. Governments will make a way other than bitcoin, maybe if ever they made their own crypto it would last for years or centuries, it will just repeat history of money in a more futuristic one.
For me the reset that you are saying is another world war, where most of the powerful countries are included. No fiduciary currency shall remain anymore with continues wars, and in fact it could be a massive destruction. Also possible, that time there would be no more machines working in the bitcoin network as it will all be destroyed.

coin-investor

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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 know it's ok to be optimistic on Bitcoin because we are seeing good results but ten million for a coin it's just way too much, I thought the $1 million is the highest amount for a Bitcoin that one can predict, we may not see that amount in our lifetime, I prefer to be realistic, $50,000 for 1 Bitcoin is more realistic in the next ten years provided that we are moving the way we are moving now, we have two halving more after 2020 so $50 k is quite realistic to my point of view.

Slow death

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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.

you are making an impossible forecast, look at the current price, look at the price of two years ago, look at all the optimism and the exaggerated forecasts and ask yourself:

What lessons can we learn from the increase from January 2017 to January 2018 and the drop from $ 20,000 to $ 3000. It is becoming increasingly clear that price forecasts of over $ 100,000 per bitcoin seem ridiculous and more impossible than possible, and are you talking about $ 10 million? this is impossible

Lucius

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Quote from: odolvlobo on November 20, 2019, 03:03:04 AM

$10,000,000 is ridiculous. How did you come up with that number?
$10,000,000 per coin means a total supply of $210 trillion.

Since he is trying to promote his YT channel in the signature, I assume the sum of $10 million per BTC came from this video, or from something similar that can be found on YT. Link to this video is posted in Economics, it's possible he saw it there. Big numbers always attract people, and they are good for promoting anything.

I doubt OP even understands what the number he claims is possible in 10 years means, most people hardly understand the size of one trillion of something.

lionheart78

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Quote from: PointHope on November 19, 2019, 10:14:34 PM

Indeed, 10 million is conservative whennya consider governments will have to bow to bitcoin and begin their own btc mining.
Russia government is already aiming to have 20% of the bitcoin mining capacity.

In the USA the federal reserve banksters wont go down without a fight, expect some more deep state dirty tricks like what they did to Ross Ulbricht.

The government will never bow to Bitcoin, as much as I wanted to see it but that is the reality. Instead, the Government will do whatever in their power to regulate Bitcoin. And as for $10m per Bitcoin price, I think it is an exaggeration since it is not compulsory for everyone to have Bitcoin or satoshi, the demand that we are imagining is far too large than the actual statistics.

patroncito

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When BTC was 0.50 cents nobody could have imagine that it would reach even 1000 dollars and went all the way up to 20'000!!!!. Now, is the time to accumulate because it could reach 10 million dollars sooner than we expect.

FUD in the maintream media and forums is a tool governmets and banks are using to stop people from buying.

arbiter5

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Quote from: ?? on ??

They have been saying the same thing for years now.

Bitcoin bubble burst at 20K, the ride is all downhill from there.

Little secret , no one really needs bitcoin.
Which should be apparent from the way the price keep dropping.
It is a slow painful death, but it is still a death.

Tell me. Besides promoting your shitty signature, why are you even wasting your time here in a Bitcoin forum? Knowing that you're unable to think rationally in the first place. You're a worse bitcoin critic than Nouriel Roubini.

Bitcoin_bullish

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Quote from: PointHope on November 19, 2019, 10:14:34 PM

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.

Indeed, 10 million is conservative whennya consider governments will have to bow to bitcoin and begin their own btc mining.
Russia government is already aiming to have 20% of the bitcoin mining capacity.

In the USA the federal reserve banksters wont go down without a fight, expect some more deep state dirty tricks like what they did to Ross Ulbricht.

Sadly banksters didn't go down in 2008 almost nowhere in the world. Instead of them being in prison they got even more hefty bonuses as a gift for their incompetence. The US governements let the scam continue and the real ponzi scheme is building into colossal heights. What will happen after it collapses? Almost everyone in this forum knows and doesn't feel good about it. I just hope that after the dust settles there will be justice this time. Bitcoin will become even more valuable. I'm not hopping for a recession worse than 2008 but it is coming.

Yaunfitda

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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.

As far as I know, I haven't seen any centralized crypto back by government being successful. In only means that people really wanted a crypto that is free from government control and that is BTC.

And I like your attitude and optimism, at the back of our minds we wanted to see bitcoin reach farther ahead and who knows maybe in the future we will see the $10 m prediction of yours come into fruition.

Topic: BItcoin: The path to $10,000,000 ten million dollars per coin - page 16. (Read 3118 times)