Topic: Will 1 Bitcoin will Reach 1 million usd one day? - page 10. (Read 11412 times)

You can become Hitler if you want too..! just change your name officially , and you'll be known as Hitler, But yeah I agree somethings are impossible, Like trying to explain  bitcoins to a d!(khead ..!

Not according to Justin Bieber, this guy is apparently a big fan. However, what if he changes his last name to Hitler, wouldn't that make him Hitler?

Why can't you never say never? Huh.


You will never be Hitler, it is simply not possibly.
"never say never" is plain stupid. Some things are impossible, and will never happen.

Never say never so the answer is maybe, It all depends on how much the FED cartel devalues fiat.

It is like day dreaming. It will never happen.

Good idea. Time to buy one. And forget about it for 10 years, see what happens.

I will buy 1 btc then.
If it reaches 1 million usd, I promise that I will give you 400 usd

send me a pm by then.

Best regards,

Meh, it hasn't been very volatile lately has it? Been sinking with a few bucks per day for the last couple weeks, rose with like 90 one day.
I want to see some big explosions, make it more interesting you know.

I think he just meant it hit the 4xx mark and he's not completely wrong it may hit the 400$ mark too .. :p we never know it might hit the 10k$ mark too. this is the volatile nature of bitcoin  .

One thing we might forget though, is that while it should become increasingly hard to manipulate the value of a Bitcoin, that the national currencies that it is benchmarked against are capable of being manipulated by national governments still.

For example, if bitcoin went to $10,000 and took a large portion of the international settlement market, and was stable there for a while, then an incoming administration (Can't really imagine the incumbents doing it) in the US might make it fiscal policy to peg the dollar TO the bitcoin at a constant 100 uBTC (0.1mBTC) to the dollar.

In which case, we'd never see $1,000,000 per BTC while that policy was in place, BUT we might be very happy with what $10,000 would buy after a few years of that...

It's not at 400 and haven't been, which exchange site are you using? Atleast bitstamp is around 500~.

hmm I think around 500$ not 400$ yeah it may sink to 400$ but not yet there..!

haha and how many bitcoins you have now..?

Good point, BTC has high volatility compared to regulated currencies BUT as a money transfer option it's just better hands down. Nothing stops merchants from accepting bitcoins and exchanging them the same day for USD or on the spot. This will definitely put a new spin on things. The thing is Bitcoin is so new and people don't have anything else to compare it too. What is Bitcoin? Is it a currency, commodity, transfer option, stock... nobody really know and they just say cryptocurrency when asked.

I believe Bitcoin has many uses and one of them is money transfer. Bottom line, Paypal transaction fee 3.4% + 35 cents, merchant account credit card processing 2.9%-5.5% + 30 cents, Bitcoin priceless (variable depending on amount and exchange but generally much cheaper)

1 million per BTC is never going to happen but I believe 10k is possible within a few years. In my opinion the biggest problems Bitcoin faces are:

a) Governments across the globe will try to regulate it as a financial medium to the point that's its practically impossible to trade with. This is happening in China, and many countries may follow suit. On the upside, this could drive the price up in the long term though as so many people want to be removed from the current banking system and many already use Bitcoin as a means of doing so.

b) It is not widely accepted as a means of payment. This could be due to extremely volatile prices or the fact that there are no Major Bitcoin payment processing systems available yet.

c) There are not enough Bitcoins to go around everybody. Trading in BTC, mBTC, uBTC is too confusing to a lot of people.

d) Alternative crypto currencies. They all use Bitcoin code but the chances are that one day, one (or some) of them will improve on the original code to create something that negates all of the above reservations.

Bitcoin still has a LOT of mileage left but maybe it isn't the solution that many people want it to be. It's certainly the pioneer and mainstay at present but unless it can become widely accepted as a method of payment, it will be become a thing of the past - sooner rather than later.

^shit i remember when it was at $4

Its at 400 now.

Always when price drops people starts to panic in here

IMO - 1 week and price is ~600-700

One can dream ha-ha one can dream and hopefully still have enough bitcoins to be awww yisss

Well, it's not happening now so don't be so happy.

aw yiiiiiiiiiiiiiissssssssss