Topic: Do you really believe that Bitcoin will hit 1,000,000 - page 5. (Read 17323 times)
The alltime peak won't be over 100,000$, 1M isn't realistic.
It's a necessity that it hits 1M if it gets fully accepted by 1st world countries alone.
Some people are quite delusional to think that the price can go up to 1M when the price is still sitting at 500.
Many of us will be quite happy if it hit 1000 again.
Many of us will be quite happy if it hit 1000 again.
Two years ago they would laugh at you when you said bitcoin would be worth $100
Right now USD 1,000,000 seems very, very far away.
Current price = 478
Current price = 478
Yes in 100 years maybay 21 Mio People Pay 1 Mio Dollar 
It's certainly possible for BTC to hit 1,000,000. It went from 2 to 500-600 in 1-2 years. That's insane. It could easily jump whenever.
Do I believe bitcoin will hit $1,000,000?
It's more a matter of time than belief.
If bitcoin can average around 20% annual price appreciation, from today's price of $500, you're looking at roughly 50 yrs to see $1,000,000/btc in today's dollars.
After around 90 years, you're looking at $1,000,000,000.
Look at Berkshire stock price after a few decades averaging around 8% (I think) just crossed the $200,000 mark.
Dare to Dream.
edit typo, grammar
It's more a matter of time than belief.
If bitcoin can average around 20% annual price appreciation, from today's price of $500, you're looking at roughly 50 yrs to see $1,000,000/btc in today's dollars.
After around 90 years, you're looking at $1,000,000,000.
Look at Berkshire stock price after a few decades averaging around 8% (I think) just crossed the $200,000 mark.
Dare to Dream.
edit typo, grammar
Some people are quite delusional to think that the price can go up to 1M when the price is still sitting at 500.
Many of us will be quite happy if it hit 1000 again.
Many of us will be quite happy if it hit 1000 again.
yeah, don't dream too high, if someday hit 1k again, i think that's a fair price
Some people are quite delusional to think that the price can go up to 1M when the price is still sitting at 500.
Many of us will be quite happy if it hit 1000 again.
Many of us will be quite happy if it hit 1000 again.
it wont happen, because when BTC will explode there will go money in better alternatives from cryptoworld, before BTC could reach that number.
Given the reaction lately, think we will be lucky if BTC hit 800 ever again.
I think the maximum might be 50k $.
Maximum? The Winklevoss twins' conservative estimate is that much...
http://www.coindesk.com/cameron-winklevoss-bitcoin-price-40k/
When does the Winklevii expect these prices and based on what? I want to hear all the details. I don't have the knowledge to analyze these claims, but 40k seems tons to be reached anytime soon or ever?
No time frame given, but they believe market cap of bitcoin could reach $400 Bn.
Another link
http://www.forbes.com/sites/afontevecchia/2013/11/12/winklevoss-twins-say-bitcoin-market-to-hit-400b-urge-regulators-not-to-push-innovation-to-china/
I think the maximum might be 50k $.
Maximum? The Winklevoss twins' conservative estimate is that much...
http://www.coindesk.com/cameron-winklevoss-bitcoin-price-40k/
When does the Winklevii expect these prices and based on what? I want to hear all the details. I don't have the knowledge to analyze these claims, but 40k seems tons to be reached anytime soon or ever?
Do you really believe that Bitcoin will hit 1,000,000
analyses never ends
analyses never ends
I don't think it will. I don't see Bitcoin as a complete replacement for the traditional monetary system but as an alternative that will work alongside it. It could happen, but I don't see it as a significant possibility IMHO.
within the next 3 months i guess its possible.
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Do you really believe that Bitcoin will hit 1,000,000
analyses never ends
analyses never ends
I don't think it will. I don't see Bitcoin as a complete replacement for the traditional monetary system but as an alternative that will work alongside it. It could happen, but I don't see it as a significant possibility IMHO.
Well not a million in USD unless it collapsed but perhaps in a weaker fiat currency
Anyways I think it will work in tandem myself with the fiat system but the future of cryptocurrencies is one with many contenders so there will be more than one solution and the will keep the price lower than a million.
Do you really believe that Bitcoin will hit 1,000,000
analyses never ends
analyses never ends
I don't think it will. I don't see Bitcoin as a complete replacement for the traditional monetary system but as an alternative that will work alongside it. It could happen, but I don't see it as a significant possibility IMHO.
I don't think the price of 1BTC will ever worth as much as gold price per oz.
Ok - Do you think gold will ever be worth $1MM/oz.
If only 1% of the off-shore accounts money moving into Bitcoin, it will bring the price much higher then $1.000.000 alone.
Bitcoin can be used in so many markets, think big.
Bitcoin can be used in so many markets, think big.
i do not believe that Bitcoin will hit 1,000,000
it's too much i think
probably it's about $6k max
it's too much i think
probably it's about $6k max
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