Topic: BItcoin: The path to $10,000,000 ten million dollars per coin - page 2. (Read 3137 times)
January 03, 2020, 04:39:04 PM
The price of $10 million could be reached in the next few years, we see that currencies have different exchange rates in each world. So if one day Bitcoin and crypto currencies are legalised in all countries in official currency, it will look so good. A value of $10 million will be reached if all nations use only one currency and have the same value, no more countries will be in debt or in crisis. Hopefully bitcoin has potential for this
January 03, 2020, 04:36:34 PM
You know I think with the world war rumors spurring up , they will soon be very important commodity , because in the time of war and famine one should understand the normal governmental body is set to collapse , so I think soon enough the bitcoins and other cryptocurrencies are going to be super important and the way it is maintaining it's value above 7k shows that in the future we can see a pretty big move .
January 03, 2020, 04:11:41 PM
In our generation mate, that's never going to happen, it's too much to hope and not realistic, I think 1 million is enough. The amount of $10,000,000 is very high, look if the $10 million bitcoin is multiplied to $10 million. Even the world's total value of money won't get closer to that amount, so I think that's exaggerated.
January 01, 2020, 03:10:20 PM
That's right. Returns are not assured, there has never been. Past performance does not ensure future returns, they appear to rhyme instead. I mean, if you look at the stock market as a whole, the average returns over the past few decades are consistent, but again, there is no guarantee that the future will do the same. It seems inevitable that it will. Bitcoin is just ten years old. Quite modern, quite grown-up. Don't gamble more than you can afford to lose, as you can go to zero.
December 31, 2019, 03:43:34 AM
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 may agree with you on some point here but not in all. Despite my believe in Bitcoin, 10 years is too short for it to achieve such huge price.
Remember that the regulations behind bitcoin won't allow it to achieve such a price. Despite that government cryptocurrencies would be centralized, but they also influence the growth of bitcoin. They can decide to ban Bitcoin on some territory, helping to deflate the price.
December 30, 2019, 05:42:58 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.
didn't Russia ban bitcoin?
the news media can't really lay down which is true here. if they are mining BTC, this should be a cause for other countries to do the same. lets all dive into BTC after all its proven to be a better currency.
its going to be advantageous for countries to have cheap power energy source, the country who can generate free energy thru solar and wind would probably be the richest.
December 30, 2019, 04:34:29 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.
didn't Russia ban bitcoin?
the news media can't really lay down which is true here. if they are mining BTC, this should be a cause for other countries to do the same. lets all dive into BTC after all its proven to be a better currency.
its going to be advantageous for countries to have cheap power energy source, the country who can generate free energy thru solar and wind would probably be the richest.
December 30, 2019, 04:12:28 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 may agree with you on some point here but not in all. Despite my believe in Bitcoin, 10 years is too short for it to achieve such huge price.
Remember that the regulations behind bitcoin won't allow it to achieve such a price. Despite that government cryptocurrencies would be centralized, but they also influence the growth of bitcoin. They can decide to ban Bitcoin on some territory, helping to deflate the price.
December 30, 2019, 03:36:13 PM
$10M per bitcoin would put total Bitcoin market cap way past gold. Although we would love to wish this narrative, I don't think we can surpass gold's $7+ trillion market cap anytime soon in 10 years. There would have to be severe, unforeseen catastrophic events in human history to push that price to a valuation way past gold within a decade.
This is about to happen. We wont have to wait that long to surpass gold market cap.
December 30, 2019, 02:11:38 PM
Be realistic about the bonuses, are you confident the bitcoin's price will pump that easily? You're too greedy because you don't take the risks into account and you're focusing only on rewards. That's the other people's problem, they think the value will immediately become a million dollars per person. Bitcoin's price won't be as easy as that, you should be mindful of support and resistance.
December 30, 2019, 01:31:14 PM
December 27, 2019, 01:48:28 PM
$10M per bitcoin would put total Bitcoin market cap way past gold. Although we would love to wish this narrative, I don't think we can surpass gold's $7+ trillion market cap anytime soon in 10 years. There would have to be severe, unforeseen catastrophic events in human history to push that price to a valuation way past gold within a decade.
News like this is very tickling and is it possible to be a price of that size? all of them also clearly really want it to happen and of course there are a lot of people who support it because it is clearly very profitable, but again it can be considered just a mere dream or a beautiful dream. I would not believe that this would happen and not be too imagined to see that reality. how long it takes and no one can predict.
December 27, 2019, 12:26:49 PM
When people talk about Bitcoin being the currency that will run the economy in future, they forget that scalability will be an issue, a really big issue in that case. Also, if you notice, Bitcoin isn't any less manipulated than Fiat by the government. The mass holders and the exchanges are the one running the market. There isn't true decentralization into working. I doubt anyone would prefer such currency system over the Fiat. I know that wrong monetary decisions has taken over many countries and their currencies have failed. But Bitcoin also doesn't have the potential to replace it.
In my opinion bitcoin and Fiat will coexist instead of one replacing the other.
In my opinion bitcoin and Fiat will coexist instead of one replacing the other.
December 27, 2019, 12:09:01 PM
Might take at least a couple of decades, but I can almost see it coming. Maybe a little longer too, so probably near the end of our lifetimes. But a tenth of that in the next decade looks possible too, so that's the first step we should look forward to.
December 27, 2019, 10:52:59 AM
$10M per bitcoin would put total Bitcoin market cap way past gold. Although we would love to wish this narrative, I don't think we can surpass gold's $7+ trillion market cap anytime soon in 10 years. There would have to be severe, unforeseen catastrophic events in human history to push that price to a valuation way past gold within a decade.
December 27, 2019, 10:39:19 AM
This is my reason why I'am always trading pair with BTC , I want to have more BTC for future.
Maybe after halving bitcoin day , bitcoin Will go to the moon again.
Maybe after halving bitcoin day , bitcoin Will go to the moon again.
December 27, 2019, 08:05:54 AM
I feel like there is going to be some sort of FOMO action in the next few months. People will buy in anticipation of every kind of thing they are imagining will happen. Might actually be a self fulfilling prophesy.
I think that we will laugh to the current price levels in a few months. A lot of people will cry because they didn't buy.
December 23, 2019, 02:02:21 PM
It is unlikely that Bitcoin will ever cost so much money, there is only one option - a very strong decline in the dollar price.
In fact the dollar have decades having a very strong decline that will continue, but.....
You would have said the same when BTC was 0.009 cent. 'It is unlikely that Bitcoin could cost 15 dollars'. It went to $ 20,000 9 years later, so from 7500 to 10,000,000 is very likely in the coming years.
December 23, 2019, 01:42:26 PM
It is unlikely that Bitcoin will ever cost so much money, there is only one option - a very strong decline in the dollar price.
December 23, 2019, 01:14:06 PM
I feel like there is going to be some sort of FOMO action in the next few months. People will buy in anticipation of every kind of thing they are imagining will happen. Might actually be a self fulfilling prophesy.
Yes, that is probably what is going to happen before the halving.
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