Will 1 Bitcoin will Reach 1 million usd one day?

boumalo

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Quote from: Salmon1989 on April 27, 2014, 01:20:00 PM

Quote from: boumalo on April 27, 2014, 12:04:53 PM

Quote from: culexevilman on April 27, 2014, 10:04:38 AM

Yeah it would and by that time, a meal would cost 100k USD

A market cap of 1,400billions would set the price of btc to 100,000USD

The hyperinflation could do the rest of the job

(https://bitcointalk.org/index.php?topic=537916.100)

With hyperinflation, it would be easy to reach 1 mil USD lol.

http://en.wikipedia.org/wiki/Hyperinflation_in_Zimbabwe
"apart from a trip to another country, the black market was the only option for almost all goods, and bread might cost Z$10 billion." Cheesy

Right but I think bitcoin has the potential to reach a price into the 5digits in 2014 USD within 2years

Salmon1989

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Quote from: boumalo on April 27, 2014, 12:04:53 PM

Quote from: culexevilman on April 27, 2014, 10:04:38 AM

Yeah it would and by that time, a meal would cost 100k USD

A market cap of 1,400billions would set the price of btc to 100,000USD

The hyperinflation could do the rest of the job

(https://bitcointalk.org/index.php?topic=537916.100)

With hyperinflation, it would be easy to reach 1 mil USD lol.

http://en.wikipedia.org/wiki/Hyperinflation_in_Zimbabwe
"apart from a trip to another country, the black market was the only option for almost all goods, and bread might cost Z$10 billion." Cheesy

Monkey1

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Could do!! A lot needs to improve first, but its possible. By then the units will have changed anyway.

boumalo

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Quote from: culexevilman on April 27, 2014, 10:04:38 AM

Yeah it would and by that time, a meal would cost 100k USD

A market cap of 1,400billions would set the price of btc to 100,000USD

The hyperinflation could do the rest of the job

(https://bitcointalk.org/index.php?topic=537916.100)

culexevilman

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Bitcoin is too valuable to be used as a currency

Yeah it would and by that time, a meal would cost 100k USD

boumalo

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Quote from: Lauda on April 27, 2014, 09:29:35 AM

Quote from: go4nature on April 27, 2014, 02:33:00 AM

One million for one bitcoin? You are crazy. For last 3000 years people crazy about gold. Still its price is very low. If bitcoin reaches $1000 i am happy man.

Gold isn't technologically advanced as Bitcoin. Cheesy

Gold has a few advantages that Bitcoin doesn't have though such as an history of store of value and medium of exchange in human history Wink

Lauda

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Terminated.

Quote from: go4nature on April 27, 2014, 02:33:00 AM

One million for one bitcoin? You are crazy. For last 3000 years people crazy about gold. Still its price is very low. If bitcoin reaches $1000 i am happy man.

Gold isn't technologically advanced as Bitcoin. Cheesy

boumalo

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Quote from: Swordsoffreedom on April 27, 2014, 02:32:35 AM

Quote from: UnitedColors on April 27, 2014, 02:16:04 AM

Hope no! It would bring the world's economy to an end.

Na it would just mean we have transitioned from a cash based society to a card based one and then onto a digital one with cash elements

Digital money is already very present but we are still using fiat currencies and outdated systems

The question is will we reach 1,000,000$ or not within 20years : https://bitcointalk.org/index.php?topic=537916.100

freedomno1

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Learning the troll avoidance button :)

Quote from: go4nature on April 27, 2014, 02:33:00 AM

One million for one bitcoin? You are crazy. For last 3000 years people crazy about gold. Still its price is very low. If bitcoin reaches $1000 i am happy man.

I would also like to see it hit 1K again but guess we all need to wait patiently for a trigger or someone needs to make it lol.

go4nature

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One million for one bitcoin? You are crazy. For last 3000 years people crazy about gold. Still its price is very low. If bitcoin reaches $1000 i am happy man.

Swordsoffreedom

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Leading Crypto Sports Betting & Casino Platform

Quote from: UnitedColors on April 27, 2014, 02:16:04 AM

Hope no! It would bring the world's economy to an end.

Na it would just mean we have transitioned from a cash based society to a card based one and then onto a digital one with cash elements

UnitedColors

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Hope no! It would bring the world's economy to an end.

inaparkin

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Quote from: zeeshanblc on March 15, 2014, 09:00:55 PM

Will 1 Bitcoin will Reach 1 million usd one day? What is your opinion?

sure , rich ppl got many many other things to do related to buying Bitcoins.

oXo

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it might do sometime in the future but for now it's better to focus on the closer and more realistic goals like $1000

sailsh-sea

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Quote from: harkonnen on April 23, 2014, 03:45:45 AM

Quote from: Dogtanian on April 20, 2014, 09:44:13 AM

Quote from: Rampton on April 20, 2014, 09:27:00 AM

Quote from: bryant.coleman on April 20, 2014, 09:21:45 AM

Quote from: Rampton on April 20, 2014, 09:10:39 AM

A lot of Americans just don't seem to want free healthcare and/or like to blame Obama for everything.

The problem is that the healthcare is not free. And the tax payers are paying a huge price for it. Compare the Romneycare to the Obamacare and you'll see how better it was.

Quote from: Rampton on April 20, 2014, 08:47:22 AM

Well most countries are in debt. Is China in zero debt?

Even better. Think.

Taxpayers pay for police and army too. Why do people seem to be ok with that but not healthcare?

Americans seem to think socialism is evil. It's better and cheaper when everyone puts in and society benefits.

Not necessarily.
Can you tell your different driving habits on rented car vs driving your own car?
Can you tell difference on public bathroom usage vs your owns?
What about electricity usage of hotel room vs usage of your own house, specially A/C unit?
There are lots waste of resources on free/ low fee healthcare system. And we are ending up paying more than we have to. For low income person, this may not be noticeable. But for middle class and rich, it hurts a lot. Plus, overall quality of healthcare will degraded. *Unless* we, American, change our mindset, and the way of our lives. But I don't see it happening any time soon.

Countries with socialized medicine/healthcare tend to 1)Have better healthcare and 2)Have relatively more efficient healthcare as there are not so many legal expenses and paper pushing by insurance companies

monbux

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Quote from: iram3130 on March 16, 2014, 01:40:23 AM

Only when Illuminati and freemason started to adopt bitcoin.

haha I LOLed at this one... but it's true! Roll Eyes

pinksheep

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and we'll all be rotting in our graves Sad

ChuckBuck

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better everyday ♥

Quote from: roslinpl on April 26, 2014, 05:57:14 PM

Before I go to sleep I want to say that I though till now that Bitcoin will never hit $1mil.

But suddenly I changed my mind!!

And I predict - Bitcoin will hit $1mil in 20104

You mean 2140 right?

That's when the last Bitcoin is generated, and when our great grand children will be zillionaires :-)

roslinpl

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Before I go to sleep I want to say that I though till now that Bitcoin will never hit $1mil.

But suddenly I changed my mind!!

And I predict - Bitcoin will hit $1mil in 20104

counter

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Time is on our side, yes it is!

I think it's best to focus on the more short terms of what a Bitcoin will be worth so we can get a good idea of where the market is going. this doesn't really do anybody any good discussing the the chances of hitting 1 million dollars. Who know's what the dollar will be worth at that time if this were to happen. Many things to consider and I don't think it's gonna do much good right now randomly guessing.

Topic: Will 1 Bitcoin will Reach 1 million usd one day? (Read 11421 times)