How 1BTC can eventually be worth $11M - page 6.

Blue_Tiger73

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Quote from: Blue_Panda73 on January 03, 2016, 05:09:19 AM

Quote from: thejaytiesto on January 02, 2016, 02:13:20 PM

It's always good to remember that you should always have one forever kept safe, at least 1. But if you want to be sure to become a "local whale" so to speak, get yourself 21 BTC and save them, then spend anything above those 21 BTC knowing you will always have this 21 BTC saved no matter what. This is my goal and i've seen a lot of other people are trying to achieve this too. I hope I can do it before it's too late.

I also have a plan to accumulate as many as I can and join the 1 million club, no more 1 million in the world can have more bitcoin than I.

Why the hell are you copying my name? Blue_Panda73, really. You literally just changed the animal in my name and copied the rest. Can't you be a bit more original?

Blue_Tiger73

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You are right. There is a chance that this will happen. I just really doubt it. There is a very small chance it will happen. I think the max Bitcoin will reach is $10,000.

Blue_Panda73

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Quote from: thejaytiesto on January 02, 2016, 02:13:20 PM

It's always good to remember that you should always have one forever kept safe, at least 1. But if you want to be sure to become a "local whale" so to speak, get yourself 21 BTC and save them, then spend anything above those 21 BTC knowing you will always have this 21 BTC saved no matter what. This is my goal and i've seen a lot of other people are trying to achieve this too. I hope I can do it before it's too late.

I also have a plan to accumulate as many as I can and join the 1 million club, no more 1 million in the world can have more bitcoin than I.

thejaytiesto

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It's always good to remember that you should always have one forever kept safe, at least 1. But if you want to be sure to become a "local whale" so to speak, get yourself 21 BTC and save them, then spend anything above those 21 BTC knowing you will always have this 21 BTC saved no matter what. This is my goal and i've seen a lot of other people are trying to achieve this too. I hope I can do it before it's too late.

EdenHazard

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Quote from: helloeverybody on December 15, 2015, 04:14:37 PM

I dont think it will matter to much to me if it gets to that price. Maybe my kids though. ')

do you think your children will love bitcoin? Or do you think bitcoin will last until the year?
I doubt it, the future may be better than now, as seen in the movies as possible Grin

delliaerd

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I think it is impossible for some decades from now. But i hope that bitcoin have price into almost 1000 $ in this 2016 . Grin

robelneo

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I will not live to see that happen and we don't know if it will go up that high in the future we certainly don't know what goes beyond maybe another crypto-currency will come out and and compete bitcoin as the leader of crypto-currency we should also look at other crypto currency they also have unique features that is better than bitcoin ,I love to see another coin emerging as strong as bitcoin

bikoBoy

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That's overestimating bitcoin value in my opinion, BTC has huge potential for growth and rise particularly with the growing adoption currently but calculating each BTC at that price would require a huge fall in USD value at least IMO...

acquafredda

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If people would realize how the money is made I think our BTC would go over a million dollars simply because dollars will be seen as the fiat scam they are.

They create money out of nothing while with BTC we know everything about the process: this is Satoshi greatest win IMHO, he showed the world how money can be created.

Hold on to your BTC

tekno

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i think btc can not go over $1000

KenR

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And for this to happen this will take another 200 years ? Lets assume even if it hits the mark of $1 million,still it should take around 50 years where the prices will reach to a point where to buy a pizza you'd need $200 least ?I mean assuming we are reaching an economic development point and costs will get higher of products .By the time it reaches 11 million,the worth of that much dollars will be as good as the price right now.

saladin7000

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lol 1btc=$11M is crazy and maybe impossible dont forget with satoshi nakamoto how if he/she dumping all his/her coin maybe he can buy your country Grin

btckold24

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I am hoping you are right lol but for no I will settle for 1000.

11 million seems pretty crazy even in the distant future

kevin go

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Lol dude..its maybe will be happen a hundread years later
For now it just a dream

Blue_Panda73

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Quote from: knightkon on January 01, 2016, 04:45:28 PM

I also disagree with the fact that Bitcoin could be worth 11 Million dollars. There is no government that is going to allow this to become the worldly currency. Mainly because these governments want control over everything. Look at North Korea. You ever think they will accept this as a global currency? It is because of these reasons that Bitcoin will never reach $11M value. Unless you are calculating the crash of the USA which would make the dollar completly worthless and the paper it is printed on would be worth about $11M in exchange for one BTC.

For North Korea, bitcoin is good for it to go through international capital control. The North Korea government will use it, but not its people.

knightkon

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I also disagree with the fact that Bitcoin could be worth 11 Million dollars. There is no government that is going to allow this to become the worldly currency. Mainly because these governments want control over everything. Look at North Korea. You ever think they will accept this as a global currency? It is because of these reasons that Bitcoin will never reach $11M value. Unless you are calculating the crash of the USA which would make the dollar completly worthless and the paper it is printed on would be worth about $11M in exchange for one BTC.

Blue_Panda73

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Quote from: tss on January 01, 2016, 03:23:00 AM

if opec negotiated yuan, ruble, or btc for their oil, the usd would be worthless overnight. never going to happen. f16 and etc guarantees that.

If Bitcoin is developed constantly, the community can reach amicable decisions, then bitcoin will worth more than $11m.

steveds

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Quote from: Sourgummies on December 31, 2015, 08:02:44 PM

It can definitely reach 11 million dollars, after a lot of inflation. That is the eventuality of fiat currencies, though. Unless the global economy shifts in a way that... well.

It will never reach that price if the current situation/problems continues to increase.People need to accept it in order to move their fiat's in it and no one is likely to do so with such loop's among the dev's.

tss

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if opec negotiated yuan, ruble, or btc for their oil, the usd would be worthless overnight. never going to happen. f16 and etc guarantees that.

blackmachinegun

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I think it would seem impossible if the situation continues like this, it takes a condition in which many countries experienced severe crises
so many people who want bitcoin

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