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Topic: UPDATE (Read 3999 times)

Pab
legendary
Activity: 1862
Merit: 1012
July 04, 2016, 09:26:05 AM
#87
No,but who knows what will happen with dollar maybe in years 100$ will be 1mln$
I ve been experiencing that in my life in my country,so 10 years where world will be that time
hero member
Activity: 616
Merit: 500
July 04, 2016, 09:10:43 AM
#86
Say what you think!
I do not think that the Bitcoin is ever going to reach 1 million because that seems a bit unrealistic, so do not hope that it is going to happen because it is not.
The price over 10 years is going to be somewhere in the thousands but it is not going to be one million.
legendary
Activity: 1218
Merit: 1007
July 03, 2016, 05:31:47 AM
#85
No never it's very impossible for bitcoin to reach 1M price in just 10 years even though it's quite to long time to wait it's still not enough even hundreds years. For me the realistic price that bitcoin can reach is ranging about $5-10k after 10 years. Don't expect too much for the price because those people who expect too much are the ones who always gets hurt Cry

Right, but possibilities are there that if the coin gets its mining done and people decide not to sell it under a specific level and we get an audience to buy it at our rates, then we will surely see at least 100k in the next few years.
legendary
Activity: 1526
Merit: 1179
July 03, 2016, 05:30:53 AM
#84
No never it's very impossible for bitcoin to reach 1M price in just 10 years even though it's quite to long time to wait it's still not enough even hundreds years. For me the realistic price that bitcoin can reach is ranging about $5-10k after 10 years. Don't expect too much for the price because those people who expect too much are the ones who always gets hurt Cry
I find even a price of $10K to be quite unrealistic to happen in just 10 years.

It means that we'll need to see a massive yearly growth in the price of around $800-$1000 every year in order to reach $10K after 10 years.

hero member
Activity: 2590
Merit: 644
July 03, 2016, 05:13:31 AM
#83
No never it's very impossible for bitcoin to reach 1M price in just 10 years even though it's quite to long time to wait it's still not enough even hundreds years. For me the realistic price that bitcoin can reach is ranging about $5-10k after 10 years. Don't expect too much for the price because those people who expect too much are the ones who always gets hurt Cry
hero member
Activity: 3192
Merit: 939
July 03, 2016, 04:53:56 AM
#82
Say what you think!

If 50% of the people in the rich countries adopt and start using bitcoins, the price will reach 1M.

This is almost impossible.A cryptocurrency might never reach such level of popularity.

People just want paper money guaranteed by the central banks and the governments.
newbie
Activity: 15
Merit: 0
July 03, 2016, 04:09:25 AM
#81
This will not happen, 10 years is way to short and 1 million is way to high....
I would like to see this happening but I doubt it would be even in 100.000 USD per bitcoin.
newbie
Activity: 14
Merit: 0
July 03, 2016, 03:56:52 AM
#80
It is impossible because nowadays there are more altcoin, so people have choices for their e-currencies not only Bitcoin
sr. member
Activity: 490
Merit: 250
July 03, 2016, 02:44:57 AM
#79
It's impossible bitcoin would reach 1M $ value within 10 years. 1M $ is a big value and 10 years is a short time for currency to have big improvement.
Also, In future there might be another better cryptocurrency than bitcoin.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
June 23, 2016, 02:20:40 AM
#78
No. Because i think bitcoin needs more time. It's will take a very long time to reach that because we can see that even now the price is hard to reach $1k per piece so that $1M per piece will needs a lot of time at least 100 years i think (lol). It's just my opinion.
legendary
Activity: 1288
Merit: 1087
June 22, 2016, 01:26:23 PM
#77
No. I think that's impossible. That would make it over twice as valuable as gold. A change like that doesn't happen in 10 or 100 years. That would mean governments and central banks would have to be buying it which i don't think is ever gonna happen.

$10,000 is very possible. That's still only a fraction of gold. $100,000 is starting to look like a major, major stretch. $1 million is dreamland but don't be sad about it.
hero member
Activity: 546
Merit: 500
June 22, 2016, 10:19:20 AM
#76
No I do not think that this is going to happen with in 10 years it is just to soon for something that big to happen. But this is what most Bitoin users are hoping for, but they will have to wait longer then 10 years I think. 
I also do not believe that the Bitcoin price is going to be one million is ten years I do not even believe that it is ever going to happen. There are so many people that at least have one Bitcoin, do you know how much money there is going to be made if the price was one million per Bitcoin.
legendary
Activity: 2394
Merit: 1131
June 22, 2016, 09:34:09 AM
#75
For OP, im not sure if btc will reach $1M, i think btc price can reach $100k max, thats why im choose option 4. btc price very unpredictable, sometimes it decreased (too many people sold btc (supply > demand), sometimes it increased (too many people buying btc (demand > supply)
sr. member
Activity: 462
Merit: 250
June 22, 2016, 09:25:58 AM
#74
Say what you think!
I do not know what to expect from the Bitcoin over 10 years but I know that the price is not going to be 1 million.
The chance of that happening is pretty small but I do believe that there is small chance of it happening.
hero member
Activity: 854
Merit: 500
April 20, 2016, 06:55:31 PM
#73
In ten years can happen anything and dollar can become a worthless currency, that bitcoin can be even 10M$. But i think bitcoin will stop rising on 1k$.
sr. member
Activity: 336
Merit: 250
April 20, 2016, 08:59:50 AM
#72
I think that it is not going to happen with in 10 years it just is way to soon. I am not saying that it is impossible but I do believe that the chance is very small.
We are so far away from the 1 million, we are still with in the hundreds so we will have to get out of that first.
global moderator
Activity: 2324
Merit: 1179
While my guitar gently weeps!!!
April 18, 2016, 03:44:47 AM
#71
Say what you think!

i think the highest rate for 1 bitcoin in future is arround $10.000 no more. maybe we can reach $1000 in2017 , then $2000 in 2018 Smiley

That's what I think too, price wouldn't cross the $10,000..With the current movement in price, when the price rise, there will be a pull and the price would drop again and start to crawl again little by little..probably some investors have enough of bitcoins already and after 10 years, if there are still news that could ruin the reputation of bitcoin, I'm afraid that it will always pull bitcoin to the ground..
sr. member
Activity: 364
Merit: 250
April 18, 2016, 03:40:57 AM
#70
Are we speaking about hyperinflation?
If yes then $1million can be reached extremely fast.
Under "normal" circumstances a coin worth $1million will not happen in ten years of time.I can not see that happen.

Exactly if some form of growth happens in the supersonic speed the price might reach $1m. At the same time if their is small flaw on the growth the increase will drastically fall.
It cant never reach the 1million you see already know that the value keeps stable and that Bitcoin is not even rising and many people are telling that the value will be also not high after the halving.
We have to be realistic and dont dream because it is impossible it can only reach the $10000 I think or even lower.
hero member
Activity: 784
Merit: 500
April 18, 2016, 03:38:36 AM
#69
Say what you think!

i think the highest rate for 1 bitcoin in future is arround $10.000 no more. maybe we can reach $1000 in2017 , then $2000 in 2018 Smiley
legendary
Activity: 2170
Merit: 1427
April 18, 2016, 03:25:04 AM
#68
It will probably never happen, If we reach $10000 I would be already very happy

I will be very happy if we even reach $1000 again before the end of 2017. First $1000, then look at $2000, then look at $3000, etc. And not $450, and then look at $10,000 or even $1,000,000......
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