So if Bitcoin goes to $1m or $10m or $100m a coin.... - page 2.

HeRetiK

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Quote from: muenze on September 13, 2017, 06:54:01 PM

And becomes a giant world currency...

Wouldnt there be quite the HUGE interest by govs of US, russia, china to own huge parts of it?

I'm afraid it would need to be the other way round... first the world governments would need to be interested in using BTC as a reserve currency, then we would see a market cap like that.

Nonethelesss I think USD 1M,- is way out of league. In my opinion even USD 100k,- is already a long shot, but there's still a lot of growth potential nonetheless.

Quote from: pinacolada on September 21, 2017, 11:34:07 AM

Bitcoin can reach $100,000-500,000. But $1M and up is impossible. Maybe in 50 years.

Well, all you'd need is for the dollar to become worth next to nothing Tongue

webtricks

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Quote from: muenze on September 13, 2017, 06:54:01 PM

And becomes a giant world currency...
Wouldnt there be quite the HUGE interest by govs of US, russia, china to own huge parts of it?

We can't expect Bitcoin to reach that high without indulging governments in. $10-20K is possible with a small and particular class of society buying Bitcoin but to see $100K+ we need support from majority of society. This could only happen when Bitcoin become integral part of economy and this could only happen when government steps in. Thus not after $100k but much before it, governments of all major nations will step into Bitcoin world.

iram1011

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Quote from: muenze on September 13, 2017, 06:54:01 PM

And becomes a giant world currency...

Wouldnt there be quite the HUGE interest by govs of US, russia, china to own huge parts of it?

Do you think governments will wait for even $1m, forget about $100m?

Bitcoin is gaining part in financial landscape. Marketcap is still in Billions and to touch trillion dollar marketcap, only $60k price is required which is quite possible in next 4-5 years. Government of various countries would definitely take steps before Bitcoin touch this price or marketcap that is within 1-2 years. Governments can't let Bitcoin dominate the financial system. Sole reason for this is that Bitcoin is decentralized which has the potential to disrupt economy of a country if it dominates the particular market. Many are already in the process of bringing their own cryptocurrency.

pinacolada

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Bitcoin can reach $100,000-500,000. But $1M and up is impossible. Maybe in 50 years.

goinmerry

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Quote from: BigBoy89 on September 14, 2017, 02:46:16 PM

Quote from: muenze on September 13, 2017, 06:54:01 PM

And becomes a giant world currency...

Wouldnt there be quite the HUGE interest by govs of US, russia, china to own huge parts of it?

Currently it's much more probably to reach 10 or 100 dollars instead of 10 or 100 millions Cheesy

All holders will have nightmares is next 2-3 month until there is a new high.
1 million is possible in very long-run. 10 or 100 - nope.

That was full of being an optimistic and positive.

Although there is chances I like to stick with the reality first. For the next 5 years, bitcoin price bottom must be around $10,000. For other, my expected price was bit too low since they are expecting something big with bitcoin. But like I said, I tend to closest thing to happen first because after all it will changed on the way the moment I have seen some drastically big price increase that will happened.

BigBoy89

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Quote from: muenze on September 13, 2017, 06:54:01 PM

And becomes a giant world currency...

Wouldnt there be quite the HUGE interest by govs of US, russia, china to own huge parts of it?

Currently it's much more probably to reach 10 or 100 dollars instead of 10 or 100 millions Cheesy

All holders will have nightmares is next 2-3 month until there is a new high.
1 million is possible in very long-run. 10 or 100 - nope.

muenze

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Sorry if this thread was done before I couldnt find any info on this and thought its pretty interesting.

muenze

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And becomes a giant world currency...

Wouldnt there be quite the HUGE interest by govs of US, russia, china to own huge parts of it?

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