Topic: The $1 Million Dollar Bitcoin - page 4. (Read 25625 times)
A million dollar for a bitcoin seem exaggerated. However, it is possible I think. Remember back then when people doubt btc could reach 2000$? It's now almost $10.000 already. For bitcoin to reach $1m might takes tens if not hundreds of years I think. And that's if bitcoin still exist. We can't predict future. But still, for me, I think it's possible!
At that price very difficult to make transaction due to the huge fees I guess and even 1 satoshi would be 0.01USD
Transaction fees at 3000 satoshi = 30USD that means anything less than 300USD transfer would have to pay huge amount of fees
Transaction fees at 3000 satoshi = 30USD that means anything less than 300USD transfer would have to pay huge amount of fees
It is possible someday because the amount of bitcoin that has grown this year is huge and also i think it would not be a good idea to reach 1 million dollar because no one would be able to buy bitcoins then.
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.
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?
I don't think that the value of bitcoin will reach 1 mil $ but, here are great chances that in the next 10 years bitcoin will reach 100 000$, i know i'm a bit optimistic but bitcoin is an optimistic cryptcoin. 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?
There is some possibilities to be so but in 2040 or around it and whole mathematic calculations will be diffrent then so nowadays we only speculate whole factors.
The fact is that nakamoto satoshi initially laid in Bitcoin itself its great price Point So I do not doubt that Bitcoin will rise in price in the flesh to a million dololors. And there is a lot of hoop there is the entire structure of the coin. 
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?
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?
in bitcoin all the most expensive prices can be achieved and nothing is impossible, all can happen because the bitcoin factor is getting harder and harder to get.
There is some possibilities to be so but in 2040 or around it and whole mathematic calculations will be diffrent then so nowadays we only speculate whole factors.
The value of bitcoin is the entire physical wealth of the world divided by the market cap of bitcoin. The altcoin is worth all the abstract/intangible value of the world divided by their market caps.
I know the first couple pages of this thread are awesome. I definitely didn't think it'd be this high but I definitely thought it'd be up to $5000. The reason why it's going this high and why this isn't a bubble is because bitcoin is basically solving the biggest problem in the history of the United States: a solution to the centralized banking system. This problem has been magnified in the past 100 years as money has started to become more and more abstract and electronic and peoples entire lives can be destroyed simply by swiping their card at a cash register, businesses can be destroyed simply by not having an emphasis on online security, and people having to pay to get their money, wait to get their money, and pay to wait to get their money.
I just hope that when cryptos do take over from government backed fiats that core developers use transaction fees for roads and infrastructure.
I found the first couple of pages of this thread interesting as well, “Will Bitcoin Hit One Million Dollars” and I say yes because of the many decibel places available. What many don’t seem to understand is that Bitcoin solves a very old math problem that has not been solved until recently, and by solving this math problem it changes people’s perspectives and what money is and how money should or should-not function. When money begins to function differently in society it changes the very nature of how society currently functions
And what problem is that?
Are you sure that Bitcoin really solves some math problem provided there is any in the first place? Regarding your other points, I don't really think that Bitcoin is anywhere close to eating away the value of fiat currencies (if that was your point). It is used as a vehicle for speculation mostly, and yeah, that's true, but so are many other financial assets like, say, stocks. But we don't have to say that they are eating away at the value of the money that these stocks are bought with. So what's your point? I'm not dealing here with the "libertarian and anti-government" stuff you talk about since it looks more like a stretch of imagination on your part than a reality (at least, as of yet)
the math problem is how can i make purchases without all of my personal infomation being sold to advertisers or the chinese
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?
That's absolutely insane and is too much for a value of a digital currency which is not even under the protection of any government. Maybe in the future it is expected to be more expensive than now but it is really just hard to believe that its value will reach 1 000 000 DOLLAR! We'll just hope that Bitcoin will be more successful in the future. 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?
The value of bitcoin is the entire physical wealth of the world divided by the market cap of bitcoin. The altcoin is worth all the abstract/intangible value of the world divided by their market caps.
I know the first couple pages of this thread are awesome. I definitely didn't think it'd be this high but I definitely thought it'd be up to $5000. The reason why it's going this high and why this isn't a bubble is because bitcoin is basically solving the biggest problem in the history of the United States: a solution to the centralized banking system. This problem has been magnified in the past 100 years as money has started to become more and more abstract and electronic and peoples entire lives can be destroyed simply by swiping their card at a cash register, businesses can be destroyed simply by not having an emphasis on online security, and people having to pay to get their money, wait to get their money, and pay to wait to get their money.
I just hope that when cryptos do take over from government backed fiats that core developers use transaction fees for roads and infrastructure.
I found the first couple of pages of this thread interesting as well, “Will Bitcoin Hit One Million Dollars” and I say yes because of the many decibel places available. What many don’t seem to understand is that Bitcoin solves a very old math problem that has not been solved until recently, and by solving this math problem it changes people’s perspectives and what money is and how money should or should-not function. When money begins to function differently in society it changes the very nature of how society currently functions
And what problem is that?
Are you sure that Bitcoin really solves some math problem provided there is any in the first place? Regarding your other points, I don't really think that Bitcoin is anywhere close to eating away the value of fiat currencies (if that was your point). It is used as a vehicle for speculation mostly, and yeah, that's true, but so are many other financial assets like, say, stocks. But we don't have to say that they are eating away at the value of the money that these stocks are bought with. So what's your point? I'm not dealing here with the "libertarian and anti-government" stuff you talk about since it looks more like a stretch of imagination on your part than a reality (at least, as of yet)
At this point, everything is possible.
See this link below.
https://twitter.com/TuurDemeester/status/933230479381184512
See this link below.
https://twitter.com/TuurDemeester/status/933230479381184512
i have currently done that I'm sure that economic climate is actually unstable anessions can happen at any time the only real solution to this really is begin saving now if no savings are done we can not surivive in thid globe save as much as you can it will help you throughout crisisd rec
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?
You are so dreaming of things that are hard to come on, I think the limit of bitcoin can be ~ $ 50,000 so it's probably not possible. 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?
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?
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?
The idea of Bitcoin reaching 1 million dollar is too much. It might reach a 6 digit price soon. In the next few years it might be over $10000.
It took a million of years to achieve this price. If we teach our children for this, maybe they could teach also our grandson. They will become rich on their times and they should not forget that God is only the one who will give us blessings.
The value of bitcoin is the entire physical wealth of the world divided by the market cap of bitcoin. The altcoin is worth all the abstract/intangible value of the world divided by their market caps.
I know the first couple pages of this thread are awesome. I definitely didn't think it'd be this high but I definitely thought it'd be up to $5000. The reason why it's going this high and why this isn't a bubble is because bitcoin is basically solving the biggest problem in the history of the United States: a solution to the centralized banking system. This problem has been magnified in the past 100 years as money has started to become more and more abstract and electronic and peoples entire lives can be destroyed simply by swiping their card at a cash register, businesses can be destroyed simply by not having an emphasis on online security, and people having to pay to get their money, wait to get their money, and pay to wait to get their money.
I just hope that when cryptos do take over from government backed fiats that core developers use transaction fees for roads and infrastructure.
I found the first couple of pages of this thread interesting as well, “Will Bitcoin Hit One Million Dollars” and I say yes because of the many decibel places available. What many don’t seem to understand is that Bitcoin solves a very old math problem that has not been solved until recently, and by solving this math problem it changes people’s perspectives and what money is and how money should or should-not function. When money begins to function differently in society it changes the very nature of how society currently functions.
I also notice that many people don’t seem to realize that Bitcoin is literally eating all FIAT Currencies. Meaning that people are literally devaluing their corrupt currencies by buying Bitcoin which is a deflationary money.
And I don’t blame any of you for trying to better your financial lives, which is an opportunity that’s not available in the outside world. Nonetheless, many of you must realize that you’re joining a libertarian and anti-government and anti-big banking ecosystem. You realize that the more you use your dollars to buy Bitcoin, transact in Bitcoin, Build businesses in Bitcoin, mine Bitcoin, and Trade in Bitcoin the more the future will reflect your actions. And those actions you take today will lead to a better world for you and your children and even their children.
But ultimately, the more Bitcoin is used today for everything the more Bitcoin becomes everything, so ask your self – what is the price of everything today?
impossible that the price of 1 bitcoin is 1 million dollar that can not be happen and how much for the transaction fee 1,000 dollar? I wonder how much satoshi we claim in faucets? maybe we claiming points until you reach 1000 points and convert it into 1 satoshi. 
It's sufficient whales and company curiosity about it to remain the course.The hard forks, the DOA have happened very in early stages so ETH might end up being proven and still standing.
How funny and curious is to read the answers on this question given only two years ago. People did not believe that it will cost even $2K! Today we are all waiting for its $10K, but I suppose it will never cost a million sure, maximum $50K in nearest 3 years.
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