The Case for a $10,000,000 Bitcoin - page 2.

NJ_B

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Quote from: Daryl_Dixon on February 21, 2021, 10:00:01 AM

this is a joke?
I read this article and I think it is completely irrational and only the author wanted to design the idea and I respectfully reject this article and your post.

You clearly didn't read the article. Try again.

kryptqnick

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That's a long and well-written article, strongly supported by sources and providing lots of background.
However, I want to address some points. For one, you're saying that Bitcoin's a singularity, the "ark of salvation". There are also other cryptocurrencies, so they might take up some of the wealth moved from other assets. Bitcoin is not the rise, but it's not the only crypto experiencing an upward trend. Ethereum almost trippled in price over the last 3 months, for instance.
I also don't think that Bitcoin will reach even $200k within the current bull run. Honestly, even the current price seems incredibly high to me.
And with Bitcoin fees spiking higher, more people will probably move to other top cryptos, so Bitcoin won't rise as high as $10 million because it won't be the only one rising.

BlackHatCoiner

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Quote from: Daryl_Dixon on February 21, 2021, 10:00:01 AM

this is a joke?
I read this article and I think it is completely irrational and only the author wanted to design the idea and I respectfully reject this article and your post.

I see no jokes on the article and in my opinion, it was a well read. Why do you believe that the $10M are impossible? Going from $5 to $1000 is the same thing with $50k and $10M. Would you ever believe that a bitcoin you had bought for $5 would cost 200 times more after 5 years? Sure, it most likely won't be 5 years, but it may be on 2030, 2035, 2040. One thing is certain, the dollar inflates.

DeathAngel

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Nice article OP. I don’t think $10,000,000 per BTC is impossible at all. It won’t be in this cycle but in the next 10 years, sure. Never sell all your BTC, there is no asset like it. Even 1BTC can make you very wealthy in the next 10 years or so.

virtualdn

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Quote from: Daryl_Dixon on February 21, 2021, 10:00:01 AM

this is a joke?
I read this article and I think it is completely irrational and only the author wanted to design the idea and I respectfully reject this article and your post.

Hal Finney said this could happen in theory I really don't find it a joke.

Year 2009: Is $50K for a BTC a joke? Good joke yeah!

Daryl_Dixon

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this is a joke?
I read this article and I think it is completely irrational and only the author wanted to design the idea and I respectfully reject this article and your post.

NJ_B

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An article I posted on Medium.

The Case for a $10,000,000 Bitcoin
https://nicholasbridgewater.medium.com/the-case-for-a-10-000-000-bitcoin-92a889a17ba6

Best regards,

NJ_B

Topic: The Case for a $10,000,000 Bitcoin - page 2. (Read 293 times)