Topic: Why I believe bitcoin will never reach 1 million per coin - page 2. (Read 3995 times)
Well, i think Bitcoin could be worth like million today dollars just that could take 20 years. Till then he could reach $1000, $10000 and even $100000 more than one time, as bigger will be market cap he will be less volatile. Lot of big holders will sell all way and spread they share.
There's a large chasm between dreaming of $1 mil and believing it. I'm not so sure there are that many folks in the latter category. I ain't. $10-100,000 is borderline feasible if all the stars aligned. Beyond that would be totally uncharted territory.
There are a few people in history with wealth in the hundreds of billions, but they were active in making and exploiting things.
The way the world is going perhaps the new paradigm will switch to the owners of strings of 1s and 0s. Then again...
There are a few people in history with wealth in the hundreds of billions, but they were active in making and exploiting things.
The way the world is going perhaps the new paradigm will switch to the owners of strings of 1s and 0s. Then again...
One day its clearly viable, but overpump while the bitcoin mining rewards is >1 btc is futile, rise in the value will come gradualy, like its supposed to.
Somewhere around 1-3k / bitcoin most (if not all ) bitcoin investors from last rise will dump their coins, and then we will have another slowly degrading year or two.
Scenario will repeat it self over and over again, but with higher ath's and higher lows, and 10+years from now, we just may see 100k per btc scenarios.
There's a large chasm between dreaming of $1 mil and believing it. I'm not so sure there are that many folks in the latter category. I ain't. $10-100,000 is borderline feasible if all the stars aligned. Beyond that would be totally uncharted territory.
There are a few people in history with wealth in the hundreds of billions, but they were active in making and exploiting things.
The way the world is going perhaps the new paradigm will switch to the owners of strings of 1s and 0s. Then again...
There are a few people in history with wealth in the hundreds of billions, but they were active in making and exploiting things.
The way the world is going perhaps the new paradigm will switch to the owners of strings of 1s and 0s. Then again...
You don't need to believe. it just wont
As for now I believe bitcoin will prove to be successful in the future but 1 bitcoin will never again be worth more than $1,000.-
Easily done.
As for now I believe bitcoin will prove to be successful in the future but 1 bitcoin will never again be worth more than $1,000.-
maybe there's a chance, very small chance i think
if fiat money fail and not worth because hyper-inflation, maybe BTC price will become 1 million / BTC
and at the same time one box meals worth 5 millions
if fiat money fail and not worth because hyper-inflation, maybe BTC price will become 1 million / BTC
and at the same time one box meals worth 5 millions
If that happens BTC/FIAT wont exist. It will be BTC/Goods.
but how to trade goods for bitcoin in online trading
People hardly want to buy bitcoin for $200-$300 who on earth is going to buy them at $1 million!!
If anyone believes it can go to a million then you seriously need to get go that brain of yours tested stop giving bitcoin a bad name threw that dreamy wanna be rich crap lolol
If anyone believes it can go to a million then you seriously need to get go that brain of yours tested stop giving bitcoin a bad name threw that dreamy wanna be rich crap lolol
winklevoss own 100,000..
Bitcoin jesus Roger ver owns 400,000
Which means these guys will have wealth like 100 billion and 400 billion
this is not at all practical..seems extremely unlikely
But how can somebody become that rich?
Bitcoin jesus Roger ver owns 400,000
Which means these guys will have wealth like 100 billion and 400 billion
this is not at all practical..seems extremely unlikely
But how can somebody become that rich?
Price rises lead to coin distribution. There will be noone worth 100 billion from bitcoin (SN excepted), they will have diversified long before we reach those dizzy heights.
maybe there's a chance, very small chance i think
if fiat money fail and not worth because hyper-inflation, maybe BTC price will become 1 million / BTC
and at the same time one box meals worth 5 millions
if fiat money fail and not worth because hyper-inflation, maybe BTC price will become 1 million / BTC
and at the same time one box meals worth 5 millions
If that happens BTC/FIAT wont exist. It will be BTC/Goods.
maybe there's a chance, very small chance i think
if fiat money fail and not worth because hyper-inflation, maybe BTC price will become 1 million / BTC
and at the same time one box meals worth 5 millions
if fiat money fail and not worth because hyper-inflation, maybe BTC price will become 1 million / BTC
and at the same time one box meals worth 5 millions
Feeling that nobody can be that rich seems an illogical basis for rejecting the $1mn possibility
What is your rational basis for rejection?
What is your rational basis for rejection?
How many trillion USD would the marketcap need so we get to 1mn a coin? There is your answer. 10k-50k is more probably.
Stability at 10k hopefully.
winklevoss own 100,000..
Bitcoin jesus Roger ver owns 400,000
Which means these guys will have wealth like 100 billion and 400 billion
this is not at all practical..seems extremely unlikely
But how can somebody become that rich?
Bitcoin jesus Roger ver owns 400,000
Which means these guys will have wealth like 100 billion and 400 billion
this is not at all practical..seems extremely unlikely
But how can somebody become that rich?
Them having that wealth or if its spread out to 1000 people, whats the difference ?
I bet they are better at holding than most others, and 1 mil. per coin ? why would we expect such high value, i doubt we will ever see that.
Quote
BTC980,000*. Satoshi Nakamoto
BTC400,000*. HD Moore (AHA)
BTC400,000*. Dustin D. Trammell (AHA)
BTC400,000*. Tod Beardsley (AHA)
BTC350,000*. "Dread Pirate Roberts" a.k.a. "DPR"
BTC300,000. Roger Ver
BTC300,000*. "knightmb"
BTC200,000. Mark Karpeles
BTC174,000*. FBI (Federal Bureau of Investigation, USA)
BTC400,000*. HD Moore (AHA)
BTC400,000*. Dustin D. Trammell (AHA)
BTC400,000*. Tod Beardsley (AHA)
BTC350,000*. "Dread Pirate Roberts" a.k.a. "DPR"
BTC300,000. Roger Ver
BTC300,000*. "knightmb"
BTC200,000. Mark Karpeles
BTC174,000*. FBI (Federal Bureau of Investigation, USA)
SN is the richest!
Quote
But how can somebody become that rich?
They do hard work!
the easy ways is be scamer, but your life is like in the hell
Quote
BTC980,000*. Satoshi Nakamoto
BTC400,000*. HD Moore (AHA)
BTC400,000*. Dustin D. Trammell (AHA)
BTC400,000*. Tod Beardsley (AHA)
BTC350,000*. "Dread Pirate Roberts" a.k.a. "DPR"
BTC300,000. Roger Ver
BTC300,000*. "knightmb"
BTC200,000. Mark Karpeles
BTC174,000*. FBI (Federal Bureau of Investigation, USA)
BTC400,000*. HD Moore (AHA)
BTC400,000*. Dustin D. Trammell (AHA)
BTC400,000*. Tod Beardsley (AHA)
BTC350,000*. "Dread Pirate Roberts" a.k.a. "DPR"
BTC300,000. Roger Ver
BTC300,000*. "knightmb"
BTC200,000. Mark Karpeles
BTC174,000*. FBI (Federal Bureau of Investigation, USA)
SN is the richest!
Quote
But how can somebody become that rich?
They do hard work!
the easy ways is be scamer, but your life is like in the hell
Feeling that nobody can be that rich seems an illogical basis for rejecting the $1mn possibility
What is your rational basis for rejection?
What is your rational basis for rejection?
winklevoss own 100,000..
Bitcoin jesus Roger ver owns 400,000
Which means these guys will have wealth like 100 billion and 400 billion
this is not at all practical..seems extremely unlikely
But how can somebody become that rich?
Bitcoin jesus Roger ver owns 400,000
Which means these guys will have wealth like 100 billion and 400 billion
this is not at all practical..seems extremely unlikely
But how can somebody become that rich?
winklevoss own 100,000..
Bitcoin jesus Roger ver owns 400,000
Which means these guys will have wealth like 100 billion and 400 billion
this is not at all practical..seems extremely unlikely
Bitcoin jesus Roger ver owns 400,000
Which means these guys will have wealth like 100 billion and 400 billion
this is not at all practical..seems extremely unlikely
Lol. Who said bitcoin will ever go to this price? Bitcoin will lucky to become 10k, but if it does it will make a lot of people very rich.
But how can somebody become that rich?
Maybe it's time for us to be the new wealthy elite?
New Oxfam report says half of global wealth held by the 1%
http://www.theguardian.com/business/2015/jan/19/global-wealth-oxfam-inequality-davos-economic-summit-switzerland
http://www.theguardian.com/business/2015/jan/19/global-wealth-oxfam-inequality-davos-economic-summit-switzerland
Maybe they will not convert them for FIAT, they can able also to spend their bitcoins directly.
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