Topic: Bitcoin to $10 million? - page 3. (Read 563 times)
If the price hits 10 million, the max supply would be roughly equal to all the fiat currently in the world.
The global economic crisis will not merely be making changes to the conditions for bitcoin because crypto is not only influenced by the world economy but other factors such as buying demand and selling demand will greatly affect price movements. Maybe only a few people will go to bitcoin to secure their property when the global economic crisis occurs.
A global economic crisis will not necessarily guarantee a situation where millions of people will flock to Bitcoin as a safe haven. Yes, people will try to hedge the possible loss in wealth, with things like Bitcoin, but the de facto method to do that has always been precious metals like Gold and Silver.
People go into survival mode in times like this., so they buy physical items with value that can be traded, when Banks close their doors and when the access to the financial system is blocked. 
People go into survival mode in times like this.
These guys say that if there's another global economic crisis like there was in 2008 that the price of Bitcoin can go through the roof:
https://www.youtube.com/watch?v=nShdlDc2B6M
https://www.youtube.com/watch?v=nShdlDc2B6M
Each such analyst puts forward his version of the price of bitcoin, and everyone looks at him with open mouths and wonder!
This is complete nonsense, why did you take that in the falling stock market, the troubles will pour into the crypto-currency market?? Do you seriously think that losing money on shares investors will begin to shift them to a more volatile cryptocurrency market? It's a fantasy and nothing more.
On the contrary, I am sure that if the us stock exchanges go down then bitcoin is also waiting for an even deeper decline because everyone will start to go to Fiat and wait out the storm!
The analysis in OP video may not be the best example but you are completely crazy to believe people in the US, Europe and UK aren't going to look for a place to store money elsewhere very soon.
Every currency is inflated to the point of $317 Trillion in Global Debt
1 Trillion is a LOT, we didn't even have the word years ago, now it's common because of inflation and debt.
The US stock market went up 10 years. The housing market is supposed to "cool" and the job market their is declining.
This is while Europe is still a mess, during Brexit and China's economy has slowed down. Then we look at South America right now and see the chaos could lead to similar currencies as Africa currently has. While the Western countries are in a huge bubble.
https://medium.com/@lucidfunds/the-long-and-winding-road-to-10-million-bitcoin-4b1c83d26e5d
This guy is not a quack...he's managed billion dollar funds for decades.
Quote
According to The Institute of International Finance (IIF), the total world debt is roughly estimated to be $247 trillion. By the 2018 year end, the total world wealth was estimated to be $317 trillion. But most significantly, total world debt increased 394% over the past 20 years, from $50 trillion to $247 trillion, while total world wealth increased 133% over the same period.
Bitcoin is just a new tool in peoples toolbox, what people move their money to is anyone's guess. It isn't going into stocks or housing over the next few years with all the shaky currencies world wide.
These guys say that if there's another global economic crisis like there was in 2008 that the price of Bitcoin can go through the roof:
https://www.youtube.com/watch?v=nShdlDc2B6M
There is no way bitcoin could hit a $10000000 mark even there is a economic crisi. There is no way people will just move from fiat to cryptocurrency, because there is crisis and so the decision on that time would just be fatal for them and the government will lend a hand of crypto-industry if that happens most probably the decentralized will be centralized. https://www.youtube.com/watch?v=nShdlDc2B6M
I think the price of Bitcoin to reach the price of $10 million is very unlikely for years to come, because it is too high to reach such a price. So I prefer to be realistic, the price of Bitcoin will reach more than $ 40000 when Bitcoin will halving.
That's an exaggeration. Let's be realistic here, even if there's another global crisis, I believed that most investors will still go for gold and not to crypto simply because of the huge risk and price volatility.
But I believed that we're almost on the brink of another economic collapse, the trade wars against China, Venezuelan crisis, you can also notice the US stocks being affected as well. All tell tale signs are here, so for us crypto enthusiast, we need to get ahead and hedge, but it doesn't mean that bitcoin price would literally go off the off.
But I believed that we're almost on the brink of another economic collapse, the trade wars against China, Venezuelan crisis, you can also notice the US stocks being affected as well. All tell tale signs are here, so for us crypto enthusiast, we need to get ahead and hedge, but it doesn't mean that bitcoin price would literally go off the off.
$1million maybe given a 20 year time frame .. i'm tipping we see 50 - 100k range next bull run
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I will make sure to wait that number to show up in the future, and I am starting to collect more bitcoin from now one, so I don't miss the chance. But it needs a long time before the price can increase until that price and I don't know how long bitcoin can reach it because right now, we are still in the $3k level price. But there are no impossible for bitcoin to reach that price and bitcoin have a chance to reach it in the future. The bitcoin price can increase higher if there is chaos in many countries and people are tired with their government, and they want to find something new for their financial and in this moment, they will take a look with bitcoin. And if they find that using bitcoin is a new solution, then they will use bitcoin, and it will make a big demand for bitcoin, and it will push the price to increase.
To those who said its impossible , well you are totally wrong because bitcoin actually have the potential to reach the said amount . just wait for it to become recognized by many citezens and netizens then youl see that the value can slowly recover in an upward manner day by day until it gets to the point of no return . sooner or later the value can reach to millions and eventually it can climb up to 10 million for more few days .
It is out of imagination to see bitcoin rise to $1m. Some of these predictions come as mere wishful thinking. No matter the economic downturn, I don't see bitcoin rise to that level.
The time traveler suggest btc to 10 million in 6 years. The Bitcoin halven will occur in 2020 and 2024. I think after 2024 prices will sky rocket. We ain't there yet. We not even at 1 million yet. But we are close to 2020 the Bitcoin halven event. Maybe it's pressure build on hype the Bitcoin halven. Maybe we'll get more forks along the way.
Bitcoin will reach $ 10m ?? what year will it happen? maybe the next 10 years will happen according to predictions that I've read in some news that bitcoin will return to the price of $ 10k in 2022 I also don't know that it will happen and it might happen.
Bitcoin price prediction reach 10,000$ by the year 2022 and meaning bitcoin stay remain in low value until 2022??? But do not really believe that prediction.
10 million dollar price value of bitcoin iis too very unbelievable, do not predict to much just predict the truth of reality bitcoin is volatile nibody can tell when and what price they can reach in the future.
These guys say that if there's another global economic crisis like there was in 2008 that the price of Bitcoin can go through the roof:
https://www.youtube.com/watch?v=nShdlDc2B6M
https://www.youtube.com/watch?v=nShdlDc2B6M
I'm quite confident that in the mid-term future bitcoin will reach new all-time high, but however it's impossible to reach such high prices in my opinion, because the total market cap of bitcoin would be too high to be sustainable.
extraordinary. when we see BTC inventories still being sought by high public demand, then BTC has great potential to reach $ 10 million. but we must be patient, because it takes a long time. in 2018. BTC can reach 20K in 2 months. this is a good prospect for BTC.
I think so too. Do not forget about 2017. 2017 Golden Age for Bitcoin. Though bitcoin status is currently very deplorable but I believe that very soon it will change. All Bitcoin holders are waiting for the increase in the price of Bitcoin For a long time. It is difficult to say exactly when the price of bitcoin will increase. We should not be disappointed in any way. Always have to put our trust in Allah and always must be in the positive mind. There is nothing to be disappointed after the dark the light comes. So I think Bitcoin to $10 million can be more in 2019. We have to wait and see what is in front of it.
These guys say that if there's another global economic crisis like there was in 2008 that the price of Bitcoin can go through the roof:
https://www.youtube.com/watch?v=nShdlDc2B6M
https://www.youtube.com/watch?v=nShdlDc2B6M
The year 2017 was a year that showed us the price that is paid for believing in the predictions of these guys who want to win bitcoin's fame. look at the number, look at the current situation of bitcoin, easily someone noticed that this guy is talking absurd. We should not be too optimistic about the future.
Bitcoin price would definitely hit a new time high.
As I said: We should not be too optimistic about the future.
Bitcoin can also die or continue.
truth
I am also more inclined to the option that if there is a crisis, people will start to invest their money in bitcoin...
people will invest in gold
anything can happen, just that no one knows when and how. Bitcoin can also die or continue. Well, me personally I also believe that the last kick of bitcoin in 2017 will happen again, I just don't know when. Don't judge me, that is only my personal opinion. Everyone hodling has this kind of hope you know. 
It would be nice if bitcoin could still reach such a price, but at the same time I understand that it is impossible now. I am also more inclined to the option that if there is a crisis, people will start to invest their money in bitcoin and, accordingly, its price will grow.
I have not taken a math class for many years. I can barely add simple stuff without a calculator. BUT. I am sure bitcoin will never go up to $10,000,000. What you guys are saying is making no sense!!
In order to go up to $10M per bitcoin, the entire world economy (all currencies) would have to be inflationary together. Even if it did go up to $10Million, the vast majority of people would get hacked because the technology is still so hack-able and confusing.
Bitcoin is for the most elite hackers who know their stuff, not ordinary Joe's!
In order to go up to $10M per bitcoin, the entire world economy (all currencies) would have to be inflationary together. Even if it did go up to $10Million, the vast majority of people would get hacked because the technology is still so hack-able and confusing.
Bitcoin is for the most elite hackers who know their stuff, not ordinary Joe's!
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