Topic: The $1 Million Dollar Bitcoin - page 7. (Read 25652 times)
I think that will only grow every month.And to 2020 in general a price him will exceed supply 100000
Me it seems to that it is necessary years one hundred that bitcoin costed one million. It is not real now.
I think it is quite possible. Remember the figure you quote for the total $ value of gold and other assets is measured in today's dollar value. The dollar is a devaluing currency due to the continued printing of it. So eventually measured in dollars a bitcoin could easily reach $1,000,000 but could take 30 or more years to get there.
How many does interestingly it need to time, that bitcoin costed one millions?As I understand, then to it yet far.
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?
Me time seems to will show.People will get rich or will expend the small amount of money in little to such to it self ardour. 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 really expect to reach BITCOIN value that high. Govt. stand on BTC is not clear till now. Investors all over the world still fear to invest in BTC. Moreover, the growth rate of Altcoins divides the market cap. Still, there is a huge potential because much people around the world are still raw and want to enter crypto-market.
One million is a lot. There is a lot of counting in that if you got it in singles!
However, one thing I have learned is never say never. Looking over this thread, so many people thought that $2K and $5K were impossible numbers. Now I know a million is a long way from that but. There is proportionally speaking only a small handful of people using Bitcoin today, once the community doesn't self destruct - or Amy fundamental weakness occurs in the mathematics - a large influx of new user could have an unimaginable impact on the price.
Maybe not $1Million but in ten years (2027) I don't see why $250K isn't on the table.
Mental not, check this post and cringe in 2027.
However, one thing I have learned is never say never. Looking over this thread, so many people thought that $2K and $5K were impossible numbers. Now I know a million is a long way from that but. There is proportionally speaking only a small handful of people using Bitcoin today, once the community doesn't self destruct - or Amy fundamental weakness occurs in the mathematics - a large influx of new user could have an unimaginable impact on the price.
Maybe not $1Million but in ten years (2027) I don't see why $250K isn't on the table.
Mental not, check this post and cringe in 2027.
Just wait for the half of the population from the world to get into bitcoin and you will see what is the power of bitcoin really. I mean half of the population is around 300 billion and even if each if them out 10 USD in the bitcoin then we will have 3000 billion dollars of market and the market cap will be reached in no time. That explains how we will discover the price of bitcoin equal to one millions. Easy but that will take time for that much people to get it.
Half of the world? 
That would be huge. Are the users of bitcoin presently in the whole world even up to 1% for now? I am not sure though as that is just an assumption… But I should not be far from it. The thing is if we can attain that level of half of the world making use of bitcoin, then I see no reason why the market cap stated by OP cannot be feasible. However, this being huge must have really had a huge impact in the development of bitcoin over the years and I am sure it will not come without its challenges.
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 $7 trillion.
Will 1 Bitcoin be worth a million dollars? Half a million? Thoughts?
No. 1 million is way too much. I'm quite sure it will reach 10000$ and above, but how much above it remains to be seen. Potentially 100000$ in not so distant future provided that nothing goes terribly wrong.
If that happens, I guess more people will be having wealthy life specially those who holds bigger funds of bitcoin nowadays. The patience might be so hard for them if that will happen $1M per bitcoin becoming a reality for all investors who holds and saved their bitcoin for the future. So for those who have not yet save their bitcoins, do it now and be surprise soon.
I not expect that because is unreal,if every day have more and more bitcoins in some near furture he will be stabile on some value with small osscilations like any other real currency,maybe 10k or 20k but milion is not real.
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?
The bitcoin community is only trying to reach for the moon at its current status...But a million to one?! Now that’s trying to reach another universe!! Many speculations and predictions are commin out which are quite realistic..But $1M? One will have to slap himself on the face just to make sure his awake if that were to happen... 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 $7 trillion.
Will 1 Bitcoin be worth a million dollars? Half a million? Thoughts?
25000$ on December 2018
Hardfork manipulators and other fools like Dimon from JP will try their best to bash btc way to that heights... but they will still try to profit from it...lol...
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 $7 trillion.
Will 1 Bitcoin be worth a million dollars? Half a million? Thoughts?
No. 1 million is way too much. I'm quite sure it will reach 10000$ and above, but how much above it remains to be seen. Potentially 100000$ in not so distant future provided that nothing goes terribly wrong.
I don't think it's possible for Bitcoin to hit 1 million dollar with this kind of pace and practice.
Gold has that much market capacity because it used all over the world so they consider mining it .
Like wise if all the financial department of every country were to be running on Bitcoin we could expect that kind of money to reach.
Gold has that much market capacity because it used all over the world so they consider mining it .
Like wise if all the financial department of every country were to be running on Bitcoin we could expect that kind of money to reach.
It sounds very much fetched to me. I know we all believe in the crypto world and specifically on the bitcoin we have that trust which makes us think of it in different way than other currencies. But 1 million USD per bitcoin will not happen or at least the market cap will never reach that level. There is simple logic, people will always go crazy when the prices are hiked and they start selling their bitcoins for the fiat love. This drops the market cap heavily and then it has to cover that value again to recover that much market cap and again start from there onward. This cycle makes the incriminating order of bitcoin very slow and hence there won't be any time it's getting at one million.
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?
The odds of uh., I don't know probably never? Seriously man market cap of 21 trillion dollars. Well for that happening just in case you need to wait for a few more decades. 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?
And just in case,just if bitcoin capital crosses that of fiat and gold,the whole world economy may collapse financially. So its very much unlikely for such a thing to happen,too bad.
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 $7 trillion.
Will 1 Bitcoin be worth a million dollars? Half a million? Thoughts?
No. 1 million is way too much. I'm quite sure it will reach 10000$ and above, but how much above it remains to be seen. Potentially 100000$ in not so distant future provided that nothing goes terribly wrong.
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?
Looking at your mathematical presentation here it seems impossible to me. But in terms of virtual currency it can hold that value and may not be possible to trade with the real currency becuase there won't be enough to trade against it. Banking system will go crazy if something like that happens in the first place. The chaos will actually happen when most of the investors will be dumping the bitcoin at the same time and leading to the pressure on banks for that much fiat to keep ready for them to pass on. Looks little complex in terms of how it will work.
I'm going to be optimistic and say 100k BTC by 2020 and 1 million by 2030. But honestly, Who knows what sort of disasters that Bitcion or the internet may face by then.
that disaster fact made me worried about its price, but I'm pretty sure that these disasters can't undo the price of bitcoin where it starts, so it's cool to be optimistic. Jump to: