Topic: UPDATE - page 2. (Read 3999 times)
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 can say that it's quite clear that it will never happen unless Bitcoin rules the world but no. Government won't let that happen. Besides, as long as we still have to convert bitcoin to usd to know its value it won't reach that high
There is around $75 trillion in terms of M3 currency supply on the planet. Perhaps an underestimation, even. If bitcoin becomes the dominant currency on Earth, then it is possible for the price of one single BTC to go up to 75,000,000,000,000(currency supply)/21,000,000(bitcoin supply) = around $3571428 per bitcoin. So $1M is definitely possible.
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.
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.
No, yes only whan situation from 1929 will repeat.In one night sutcase of Deutche Mark was worth packet of matches
so maybe in 13 years,after next ten WW2 begin
so maybe in 13 years,after next ten WW2 begin
Say what you think!
Yes I honestly believe that bitcoin will be $1m in coming years although that will happen in next ten years seems not possible.Maybe in next 25 years or soAnd you need also some more coins to make profit with Bitcoin.
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.
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.
Say what you think!
Yes I honestly believe that bitcoin will be $1m in coming years although that will happen in next ten years seems not possible.Maybe in next 25 years or so 
It will probably never happen, If we reach $10000 I would be already very happy
90% financial guess are wrong.
and the other 10% are just pure luck lol.
If I had a penny for every guess at each stage of from the btc prices every input i`d be rich by now.
but overall I think the price will hold at like $2k max in my view.
It's true that 1M$ is overestimating the value of bitcoin as many of the users are already holding on to bitcoins and risking that the price will go up.
1 reason that this will not happen is that, say someone bought 100 bitcoins now, that's over $40,000. And in 10 years time, the total value of those bitcoins become $100M. Just how much do you think that will ruin the economy?
90% financial guess are wrong.
and the other 10% are just pure luck lol.
If I had a penny for every guess at each stage of from the btc prices every input i`d be rich by now.
but overall I think the price will hold at like $2k max in my view.
no,i think bitcoin will never reach $1M price,even we all wait for 10 years,bitcoin will not reach that price,however bitcoin is crypto currency,its not familiar like any investement and payment,say it that gold and other value thing never reach that price.
To think bitcoin has already achieved the unthinkable- imagine guessing the price 4-5 years ago.
It definitely needs more time and I agree that bitcoin doesn't need to achieve $1M (current value) to be successful.
It definitely needs more time and I agree that bitcoin doesn't need to achieve $1M (current value) to be successful.
I think No, bitcoin's price won't reach that high...$1 million is too much...that's hilarious...price won't even reach 100k after 10 years..with the current situation that price drops whenever it gets high, then probably this will just be a continuous cycle and might only increase few dollars at a time and might not be noticeable..
Maximum bitcoin can reach is $10k not more then that, we need to thin of a realistic value that is achievable and I don't think $1m is every possible for bitcoin to achieve.
I think No, bitcoin's price won't reach that high...$1 million is too much...that's hilarious...price won't even reach 100k after 10 years..with the current situation that price drops whenever it gets high, then probably this will just be a continuous cycle and might only increase few dollars at a time and might not be noticeable..
Say what you think!
No it will not. I know that people are hoping for something like this to happen so they will not have to work ever again. But I think it will not be that high, maybe in the thousands could be possible.
For me, I don't think bitcoin price would be increase that high. 1M$ is a big value and 10 years is not quite long time.
Maybe, in next 10 years bitcoin price would be increase high, but it wouldn't reach 1M$.
Maybe, in next 10 years bitcoin price would be increase high, but it wouldn't reach 1M$.
We need to get some sort of realization how to achieve a 4 digit number before thinking of a million value. We can achieve million value but I think it will take a lot of time it needs to be use for almost have of world population. as many country has still lack of access in technology, 3rd world country as I lived here. Most of places still can't access computer and much more worst electricity so how can they use bitcoin if they don't have the tool to do so. Let's think of the basic requirements first on how to achieve this value.
My friend, Bitcoin is not responsible to solve infrastructure and resource problems. We leave those things to companies that specialize in those fields. I know Google are working
on Project Loon to solve these problems. https://en.wikipedia.org/wiki/Project_Loon ....Bitcoin already solved some of the financial challenges like enabling cheaper micro
payments and also making alternative options available to give access to people, who were previously unbanked. Once all of this is in place, we will see 6 figure Bitcoin prices.
We need to get some sort of realization how to achieve a 4 digit number before thinking of a million value. We can achieve million value but I think it will take a lot of time it needs to be use for almost half of the world population. as many country has still lack of access in technology, 3rd world country as I lived here. Most of places still can't access computer and much more worst electricity so how can they use bitcoin if they don't have the tool to do so. Let's think of the basic requirements first on how to achieve this value.
Say what you think!
No it will not. I know that people are hoping for something like this to happen so they will not have to work ever again. But I think it will not be that high, maybe in the thousands could be possible. it's quite pointless at the moment to think about prices higher than $1000 while we haven't even managed to break through the $500 and the $600 price levels. thinking or dreaming about prices of $1000 is one thing, but thinking or dreaming about bitcoin reaching $1 million is beyond insane. all people should keep it real and focus on the $500 level now.
Jump to: