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Topic: The $1 Million Dollar Bitcoin - page 16. (Read 25625 times)

hero member
Activity: 952
Merit: 500
September 03, 2016, 01:22:54 AM
That is possible theoretically but when practical case is concerned I don’t think it’s going to come in reality anytime in near future. It would take almost everyone or say at least majority of earth’s population to actively use bitcoins in daily life to have sustainable price levels but if everyone is just acquiring it instead of spending, I don’t think it’s a good idea as far as overall bitcoin technology is concerned. I would donate my 20% of bitcoin balance to you if price hits $1 Million per bitcoin.
The speculation is just an exaggeration, the price will not reach into that level but the main reason of the speculation is saying that the price will substantially increase in the future and that will give us the optimism that we can grow our investment more if we invest continuously now.
hero member
Activity: 1190
Merit: 534
September 03, 2016, 12:45:40 AM
That is possible theoretically but when practical case is concerned I don’t think it’s going to come in reality anytime in near future. It would take almost everyone or say at least majority of earth’s population to actively use bitcoins in daily life to have sustainable price levels but if everyone is just acquiring it instead of spending, I don’t think it’s a good idea as far as overall bitcoin technology is concerned. I would donate my 20% of bitcoin balance to you if price hits $1 Million per bitcoin.
hero member
Activity: 994
Merit: 544
September 02, 2016, 11:59:05 PM
It can barely rich $1000, and you're dreaming of reaching $1 million?
It is impossible. Even after a long time.
I don't think it will even reach $100,000.

Reaching that price is possible but the question is when because we do not know. The next question is by who, who will purchase bitcoin at that rate. But if that happens I will be very thankful because that means I together with my colleagues will be millionaires. Though at this moment it may sound not feasible but I also hope that happens.
legendary
Activity: 1218
Merit: 1007
September 02, 2016, 06:37:50 PM
people here living in a fantasy world. tell me honestly, what's the point of talking about the price being $1,000,000 while the price can't even reach 0.1% of $1,000,000? having $1000 as price target for next year is good, but dreaming about anything higher than that makes no sense at this point. people need to realize that.

Everyone thrives on hopium. This joint would be awfully quiet if it was commonly acknowledged that BTC was a weed and crybaby who couldn't budge a piddling amount upwards without collapsing again.

And it's not going anywhere without some long term faith.
Nothing goes anywhere without long-term faith; empires, currencies, economies, none of those would exist without people having faith that they would exist for a long period of time. People have faith an empire will exist so that the have somewhere to have their house and somewhere they can feel relative safety, people have faith in a currency so that they will continue to keep using it, economies survive because people believe they will exist for  long period of time and they're worth putting their time into.
hero member
Activity: 812
Merit: 1000
September 02, 2016, 06:26:21 PM
It can barely rich $1000, and you're dreaming of reaching $1 million?
It is impossible. Even after a long time.
I don't think it will even reach $100,000.
well i hope that dreams will become reality in the future and that it will make us all some good money, i think that it might be possible to reach such heights

Bitcoin can never achieve that higher price in future and it is too high to expect from it and no user have  patience to hold his coins till it reaches to that value.
hero member
Activity: 490
Merit: 520
September 02, 2016, 06:18:52 PM
Nothing is imposibble ...start accepting bitcoin as payment now.... Grin Grin...and you should start tell your friend about bitcoin....when everyone knows about btc ....boom ....blockchain everywhere ...even you will pay banana with btc lol.........
LOL! That's too ambitious, we are still in the young stage now and we cannot get the public to fully adopt bitcoin yet, the government will win and fiat will rule, bitcoin is just an alternate currency and we should be contented with that as anything beyond is so dangerous for us.

ambitious is weapon to revolution sir....goverment is like shit ...we can fed tbem with half BTC ...and they will gone and come for another fed...but any way i agree with you sir ...fully adopt can risk us...lets hope the best for community .....
If you want the government to ever be open to the idea of having BTC be a recognized currency, you have t wait for them to collapse their own currencies through economic mistakes and crashes throughout the markets and everything, and get the people, the individuals, to no longer trust their government's issued currencies and get them to demand something more. Nothing will change until the people want change, and if governments keep them paid and fed with universal basic incomes and welfare and so, they will never ask for more and they will opt to just exist.
hero member
Activity: 1652
Merit: 593
September 02, 2016, 06:02:17 PM
Nothing is imposibble ...start accepting bitcoin as payment now.... Grin Grin...and you should start tell your friend about bitcoin....when everyone knows about btc ....boom ....blockchain everywhere ...even you will pay banana with btc lol.........
LOL! That's too ambitious, we are still in the young stage now and we cannot get the public to fully adopt bitcoin yet, the government will win and fiat will rule, bitcoin is just an alternate currency and we should be contented with that as anything beyond is so dangerous for us.

ambitious is weapon to revolution sir....goverment is like shit ...we can fed tbem with half BTC ...and they will gone and come for another fed...but any way i agree with you sir ...fully adopt can risk us...lets hope the best for community .....
sr. member
Activity: 288
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
September 02, 2016, 12:07:29 PM
It can barely rich $1000, and you're dreaming of reaching $1 million?
It is impossible. Even after a long time.
I don't think it will even reach $100,000.
well i hope that dreams will become reality in the future and that it will make us all some good money, i think that it might be possible to reach such heights
hero member
Activity: 756
Merit: 520
September 01, 2016, 09:38:58 AM
Ehh well probably not going to reach  that goal sir, but 10k is more realistic and that would probably already happen over a big time span. For now the goal should be 1k and we can dream from there on.

I also think so, But I believe that the price will reach the bitcoin. Yet with the terms of the bitcoin already known by most people and most people use the bitcoin for every transaction they do. for if any currency or goods bought a very good percentage of trading the price achieved will be very high and are experiencing tremendous growth
full member
Activity: 223
Merit: 250
September 01, 2016, 09:35:43 AM
It can barely rich $1000, and you're dreaming of reaching $1 million?
It is impossible. Even after a long time.
I don't think it will even reach $100,000.
you must be new to bitcoin, everything is possible with the bitcoin price and one million might be reached in like a few decades in my opinion easily
sr. member
Activity: 260
Merit: 250
September 01, 2016, 05:29:13 AM
Ehh well probably not going to reach  that goal sir, but 10k is more realistic and that would probably already happen over a big time span. For now the goal should be 1k and we can dream from there on.
sr. member
Activity: 271
Merit: 250
September 01, 2016, 04:29:16 AM
It can barely rich $1000, and you're dreaming of reaching $1 million?
It is impossible. Even after a long time.
I don't think it will even reach $100,000.

It depends on the further development of the bitcoin. If the price rise is the same as that in the past, the $1 million could be reached within a few decades.
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
August 06, 2016, 08:46:42 AM
people here living in a fantasy world. tell me honestly, what's the point of talking about the price being $1,000,000 while the price can't even reach 0.1% of $1,000,000? having $1000 as price target for next year is good, but dreaming about anything higher than that makes no sense at this point. people need to realize that.

Everyone thrives on hopium. This joint would be awfully quiet if it was commonly acknowledged that BTC was a weed and crybaby who couldn't budge a piddling amount upwards without collapsing again.

And it's not going anywhere without some long term faith.
legendary
Activity: 896
Merit: 1000
August 06, 2016, 08:44:04 AM
It can barely rich $1000, and you're dreaming of reaching $1 million?
It is impossible. Even after a long time.
I don't think it will even reach $100,000.

people here living in a fantasy world. tell me honestly, what's the point of talking about the price being $1,000,000 while the price can't even reach 0.1% of $1,000,000? having $1000 as price target for next year is good, but dreaming about anything higher than that makes no sense at this point. people need to realize that.
sr. member
Activity: 476
Merit: 250
August 06, 2016, 08:16:51 AM
It can barely rich $1000, and you're dreaming of reaching $1 million?
It is impossible. Even after a long time.
I don't think it will even reach $100,000.
legendary
Activity: 3150
Merit: 1148
Fully Regulated Crypto Casino
August 06, 2016, 07:44:33 AM
Nothing is imposibble ...start accepting bitcoin as payment now.... Grin Grin...and you should start tell your friend about bitcoin....when everyone knows about btc ....boom ....blockchain everywhere ...even you will pay banana with btc lol.........
LOL! That's too ambitious, we are still in the young stage now and we cannot get the public to fully adopt bitcoin yet, the government will win and fiat will rule, bitcoin is just an alternate currency and we should be contented with that as anything beyond is so dangerous for us.
hero member
Activity: 1652
Merit: 593
August 06, 2016, 07:10:41 AM
Nothing is imposibble ...start accepting bitcoin as payment now.... Grin Grin...and you should start tell your friend about bitcoin....when everyone knows about btc ....boom ....blockchain everywhere ...even you will pay banana with btc lol.........
sr. member
Activity: 336
Merit: 250
August 06, 2016, 03:54:33 AM
I doubt if it will goes up to a million dollar worth of a bitcoin.  I am not underestimating bitcoin but for it to reach that amount it would take a lot of things, circumstances to happen.  The value could reach to more than what the price is from now.  But since many cryptocurrency are now available in the market today, some will invest on coins that still have a low price.  And wait for it to reach the price of the bitcoin today.
legendary
Activity: 3150
Merit: 1148
Fully Regulated Crypto Casino
July 23, 2016, 03:10:24 AM
For 1 Bitcoin to be worth $1,000,000, the total market cap of Bitcoin would have to be $21 trillion dollars. What are the odds of this happening?

For reference, the amount of physical $dollars and coins in circulation are around $1.2 trillion. The global M2 money supply of all currencies are around $45 trillion. The market cap of all mined gold is around $7 trillion.

Will 1 Bitcoin be worth a million dollars? Half a million? Thoughts?
It would be really something if the Bitcoin price was at $1,000,000 but we know that that is not going to happen because it just does not seem possible.
I am already fine with the price ending up somewhere in the thousands.

Sorry but the bolded part makes no sense.
If you know something then please back it up with straight facts!!
But let me guess you can't right?!
So you're just speculating like anybody else.
I say it's possible to reach 6-7 figures per bitcoin!But do I know for sure? Definitely not!And I can not deliver facts!
$1 million is too much to speculate and seems not realistic to me, to be honest I am very optimistic of the future of bitcoins but I still have to reserve some doubts in order for me not to be bias when it comes to my investment. The future will be great but will not reach $1 million.
legendary
Activity: 1442
Merit: 1016
July 21, 2016, 09:42:41 AM
For 1 Bitcoin to be worth $1,000,000, the total market cap of Bitcoin would have to be $21 trillion dollars. What are the odds of this happening?

For reference, the amount of physical $dollars and coins in circulation are around $1.2 trillion. The global M2 money supply of all currencies are around $45 trillion. The market cap of all mined gold is around $7 trillion.

Will 1 Bitcoin be worth a million dollars? Half a million? Thoughts?
It would be really something if the Bitcoin price was at $1,000,000 but we know that that is not going to happen because it just does not seem possible.
I am already fine with the price ending up somewhere in the thousands.

Sorry but the bolded part makes no sense.
If you know something then please back it up with straight facts!!
But let me guess you can't right?!
So you're just speculating like anybody else.
I say it's possible to reach 6-7 figures per bitcoin!But do I know for sure? Definitely not!And I can not deliver facts!
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