UPDATE - page 4. | Bitcointalksearch.org

BillyBobZorton

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Quote from: Possum577 on November 12, 2015, 02:18:47 PM

Quote from: Betwrong on November 11, 2015, 03:09:23 AM

I don't know about 1M $, but Bitcoin can reach $10k in 10 years IMO. I'm not saying to reach 1M $ in 10 years is absolutely not possible, but it is highly improbable.

Says the guy who's name is "Bet Wrong"!

Why do you think this is possible? In the last year the price has only gone down! There's not a regular growth of price so something significant and unforeseen would have to happen to get the price that high.

This technology is too revolutionary and disruptive to have a nice and slow smooth growth. If you think time is relative to price increase you have got it wrong. We will have supper big rallies of people realizing they are idiots by not being on BTC yet and FOMO will ensue tsunami type of price raises at any given time. It will the least expected day where the big rally begins.

Possum577

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Ok, so most people say "not in 10 years"...then how many years (since these same people are not saying "No")?

And I'd love to get some logic or rationale.

doublemore

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Quote from: kaselit on November 10, 2015, 03:31:04 PM

Say what you think!

Yes its possible, maybe by that time we wont have such crazy bubbles. If so i think it could. $100k in 5 years for sure though, after that who knows, it could be a top.

bitcoinmar

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I don't think this is going to be happen in next 10 years because 1 M$ is very big amount if its going to touch 5000$ during this period this could be very good and in my view equal to 1 M$

richardsNY

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1 million is way too much. Even if WallStreet investors come on board it won't happen. My guess is that the price will reach a few $K at most within 10 years.

Mercado

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I think Bitcoin will keep its function as underlaying value to other developments being the proverbial internet gold...
To get to a one trillion dollars market cap 1BTC will have to go $50K+ which I think is possible
To get to a twenty trillion dollars market cap within 10 years however seems a bit less probable but hey, here's hoping

BTCBinary

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I believe it has all the potential to go, at least up to the price gold now stands in 10 years’ time. Many financial advisers say it will be dead before that happens, while others are confident it will succeed and go up indefinitely...

Possum577

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Quote from: Betwrong on November 11, 2015, 03:09:23 AM

I don't know about 1M $, but Bitcoin can reach $10k in 10 years IMO. I'm not saying to reach 1M $ in 10 years is absolutely not possible, but it is highly improbable.

Says the guy who's name is "Bet Wrong"!

Why do you think this is possible? In the last year the price has only gone down! There's not a regular growth of price so something significant and unforeseen would have to happen to get the price that high.

Febo

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Quote from: kaselit on November 10, 2015, 03:31:04 PM

Will 1 BTC reach 1M $ comparable value in 10 years?

Yes it can!
When?

If everyone start using it to transfer datas.

Will t happen?

Most likely not, since Bitcoin have lots compilation.

Will Bitcoin and his competitors be worth 18M*1M?

Yes, but maybe not in 10 years time.

randy8777

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i think it's not possible. i don't even think we'll see the price reach $10,000 somewhere within 10 years. it's basically hoping for something that won't happen. it's better to set yourself some more realistic targets in the range of $2000-$3000 in 10 years.

Digit-0

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in the end, you only find the beginning

Reach 1M? if bitcoin start being adopted for just a few percentage of the total population, then, you should add more options to this pool, 1M seems to be pretty low Tongue

Nah but seriously if you was asking about 1 year or so i would tell you that no, i dont think it will reach a huge amount of money ( in fiat ), but 10 years? i really think that it can be something near possible. Bitcoin is growing up good in the last years.

NorrisK

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Quote from: Mickeyb on November 11, 2015, 05:00:12 PM

According to one of the studies done by one American analysts house, Bitcoin has a 50% of disappearing, and 50% of making it. Out of those 50% 0.02% are that Bitcoin will be a backbone of world financial system in the future and in this case 1 bitcoin would be worth $1M.

So yes, I guess we do have a chance. I mean even 0.02% is a chance!

Can you provide a link to this? I'd be interested inreading the analysis. Numbers seem a bit arbitrary though.

50% chance of making it? It already kind of made it. It is everywhere, used for everything, now only a larger userbase is what we need to grow faster.

Mickeyb

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Move On !!!!!!

According to one of the studies done by one American analysts house, Bitcoin has a 50% of disappearing, and 50% of making it. Out of those 50% 0.02% are that Bitcoin will be a backbone of world financial system in the future and in this case 1 bitcoin would be worth $1M.

So yes, I guess we do have a chance. I mean even 0.02% is a chance!

Snorek

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This scenario of bitcoin reaching 1 million is impossible for now and probably won't happen during our lifetime, if ever.
Bitcoin is volatile, manipulated by whales but not to that point. The only thing that could create opportunity for bitcoin would be total economic crisis and fall of Dollar.

Betwrong

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I don't know about 1M $, but Bitcoin can reach $10k in 10 years IMO. I'm not saying to reach 1M $ in 10 years is absolutely not possible, but it is highly improbable.

n2004al

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Quote from: kaselit on November 10, 2015, 03:31:04 PM

Say what you think!

I don't think so. 1 millions us dollar for 1 bitcoin is a very high amount and even the most courageous of us cannot (must not) hope such price (at least according to me). We are in a situation in which most of the countries ignore bitcoin (that mean that the spread of it in those countries is nonexistent or very few), we have some countries which has banned it and some others who have regulated it (in various ways). This situation can't leave to many hopes about this prediction. But even if this situation would be much better I don't think that bitcoin will arrive that price someday. I will be more than happy if it will be possible such thing but, as for me, it is only a hopeless imagination.

Amph

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the price right now is still being dumped, and you're talking about 1M, values like this can be considered when we can achieve 4 figures first, not when we struggle to reach 500 usd

it can be possible but highly unlikely

bering

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we are never know what happen to bitcoin price in the next 10 years but for reach 1M$ i'm pretty doubt bitcoin will hit that price but probably we need more time for reach it

safari88

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I do not think that far, in fact I think this is impossible. I just think the highest bitcoin price ranges $1000 - $5000

croato

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1BkEzspSxp2zzHiZTtUZJ6TjEb1hERFdRr

I dont think we can reach 1M in 10 years but you never know. Ten years is long period and lot of shit can happen in that time.

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