Topic: BitCoin to $1,000,000 ??? - page 2. (Read 2288 times)
I would be happy with $1000
The fifth order ($1M) will not be soon, if ever.
It all depends how the Bitcoin developers can solve the problems later:
1) blockchain size
2) number of tranactions / sec
It all depends how the Bitcoin developers can solve the problems later:
1) blockchain size
2) number of tranactions / sec
When we bought in, I did as much analysis as I could and told my wife "The odds right now are too low to put more than 3% of our portfolio in, but I think there's three, maybe as much as five, orders of magnitude in this." I usually give a five year outlook like 40% or 30% so "orders of magnitude" was a whole new vocabulary. She looked at me like I was crazy.
But at this point we've already got two (when it hits a thousand in December), and given recent hearings/legislation/other good news I'm confident of the third (the 10K) by the end of 2014 now. And holy crap this isn't just 3% of our portfolio anymore... but I am *NOT* reapportioning for diversification at this point.
Whether we're going to see the fourth ($100K) and the fifth ($1M) orders of magnitude it's still too early to tell. I would say the odds on the fourth order look good by 2016, but the fifth order ... is as yet unknowable. Nice to think about, not terribly unlikely, but unknowable.
But at this point we've already got two (when it hits a thousand in December), and given recent hearings/legislation/other good news I'm confident of the third (the 10K) by the end of 2014 now. And holy crap this isn't just 3% of our portfolio anymore... but I am *NOT* reapportioning for diversification at this point.
Whether we're going to see the fourth ($100K) and the fifth ($1M) orders of magnitude it's still too early to tell. I would say the odds on the fourth order look good by 2016, but the fifth order ... is as yet unknowable. Nice to think about, not terribly unlikely, but unknowable.
Not going to lie I laughed at this
Im pretty sure when bitcoin reach $1,000,000 MtGox exchange will be long forgotten
man, I should have buy this a long time ago, when it was just at 1 Mio for 1 BTC 
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What about the people who are bitcoin millionairs already. Some would reach the Quote 500
The theatre of dreams.... 
What a day that will be!
What a day that will be!
I would be so happy if bitcoin was to $1,000,000! However, I don't want to get my hopes up 
(How many rushed to mtgox.com just to make sure? lol )
Wouldn't this just be the bees knees!
Woohoo nice, Bitcoin does went up to $1,000,000.. That picture was taken 10 years later....
I'm very happy if the price hits $1000
And for some reason I doubt the volume would be over 300k BTC .. although I'm sure our friends at Mt. Gox would love taking their cut of $300 Billion in trading volume
By the time it gets to this price the amounts will be displayed in mBTC.
(How many rushed to mtgox.com just to make sure? lol )
Wouldn't this just be the bees knees!
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