If it ever reaches that point, it's game over for the dollar anyway.
So the basic premise is over...
You might as well ask is how much 0.0001 btc is worth of kindling for a fire.
Topic: Will Dollar worth 0.0001 BTC one day - page 3. (Read 5584 times)
If it ever reaches that point, it's game over for the dollar anyway.
So the basic premise is over...
You might as well ask is how much 0.0001 btc is worth of kindling for a fire.
If it was 1 mil per coin, people will be buying 0.0001 or something like that, and early investors will be selling 2 btc (combined, at any given moment). The price will surely go down.
This doesn't make any sense.
Lets say im an early invest with 100 btc. BTC reaches one million. I sell all of my btc. The price will crash because of the fact that people wont be able to buy at 1 mil.
1) You could say that at any $/BTC value.
2) Why would you sell it all at once and cause the price to crash?
You wouldn't just put in the equivalent of a market order to sell everything at any price the moment someone else makes a trade at 1 BTC=$1 million. You'd put in the equivalent of a limit order. "Sell as much as possible, up to 100 BTC, at $1 million/BTC or above." If people aren't able to buy at $1 million/BTC (*), then the price would stay below $1 million/BTC, but it wouldn't crash.
Again, what you're saying makes no sense. Let's say you're an early investor in gold and have 10 tonnes of gold. The price of gold goes up to $10 million/tonne. You sell all of your gold. The price will crash because of the fact that people won't be able to buy a 10 mil?
(*) There are 7 billion people in the world. If 100,000 of them each bought 1 mBTC for $1,000, then that 100 BTC gets sold at $1 million/BTC. The only question is how much people are going to value BTC in the future. And we can only really speculate on that.
One person wouldnt sell 100 btc, but a lot of early investors could start selling totaling 100 btc at that time.
Pretty much anything's possible.
If the large investors get spooked and want out no matter what, the price will tend to go down dramatically. If they're not spooked, and just would like to get out at a certain price point, the price will tend to hover slightly below that price point.
At a million dollars, they wouldnt be spooked, but excited!
So excited that instead of selling they'll be buying more?
Yes, they have 100 btc bought at 100 dollars. Why woundnt they?
Because they would have to pay a lot of taxes from the income
They would still have atleast 50 mil.
If it was 1 mil per coin, people will be buying 0.0001 or something like that, and early investors will be selling 2 btc (combined, at any given moment). The price will surely go down.
This doesn't make any sense.
Lets say im an early invest with 100 btc. BTC reaches one million. I sell all of my btc. The price will crash because of the fact that people wont be able to buy at 1 mil.
1) You could say that at any $/BTC value.
2) Why would you sell it all at once and cause the price to crash?
You wouldn't just put in the equivalent of a market order to sell everything at any price the moment someone else makes a trade at 1 BTC=$1 million. You'd put in the equivalent of a limit order. "Sell as much as possible, up to 100 BTC, at $1 million/BTC or above." If people aren't able to buy at $1 million/BTC (*), then the price would stay below $1 million/BTC, but it wouldn't crash.
Again, what you're saying makes no sense. Let's say you're an early investor in gold and have 10 tonnes of gold. The price of gold goes up to $10 million/tonne. You sell all of your gold. The price will crash because of the fact that people won't be able to buy a 10 mil?
(*) There are 7 billion people in the world. If 100,000 of them each bought 1 mBTC for $1,000, then that 100 BTC gets sold at $1 million/BTC. The only question is how much people are going to value BTC in the future. And we can only really speculate on that.
One person wouldnt sell 100 btc, but a lot of early investors could start selling totaling 100 btc at that time.
Pretty much anything's possible.
If the large investors get spooked and want out no matter what, the price will tend to go down dramatically. If they're not spooked, and just would like to get out at a certain price point, the price will tend to hover slightly below that price point.
At a million dollars, they wouldnt be spooked, but excited!
So excited that instead of selling they'll be buying more?
Yes, they have 100 btc bought at 100 dollars. Why woundnt they?
Because they would have to pay a lot of taxes from the income
If it was 1 mil per coin, people will be buying 0.0001 or something like that, and early investors will be selling 2 btc (combined, at any given moment). The price will surely go down.
This doesn't make any sense.
Lets say im an early invest with 100 btc. BTC reaches one million. I sell all of my btc. The price will crash because of the fact that people wont be able to buy at 1 mil.
1) You could say that at any $/BTC value.
2) Why would you sell it all at once and cause the price to crash?
You wouldn't just put in the equivalent of a market order to sell everything at any price the moment someone else makes a trade at 1 BTC=$1 million. You'd put in the equivalent of a limit order. "Sell as much as possible, up to 100 BTC, at $1 million/BTC or above." If people aren't able to buy at $1 million/BTC (*), then the price would stay below $1 million/BTC, but it wouldn't crash.
Again, what you're saying makes no sense. Let's say you're an early investor in gold and have 10 tonnes of gold. The price of gold goes up to $10 million/tonne. You sell all of your gold. The price will crash because of the fact that people won't be able to buy a 10 mil?
(*) There are 7 billion people in the world. If 100,000 of them each bought 1 mBTC for $1,000, then that 100 BTC gets sold at $1 million/BTC. The only question is how much people are going to value BTC in the future. And we can only really speculate on that.
One person wouldnt sell 100 btc, but a lot of early investors could start selling totaling 100 btc at that time.
Pretty much anything's possible.
If the large investors get spooked and want out no matter what, the price will tend to go down dramatically. If they're not spooked, and just would like to get out at a certain price point, the price will tend to hover slightly below that price point.
At a million dollars, they wouldnt be spooked, but excited!
So excited that instead of selling they'll be buying more?
Yes, they have 100 btc bought at 100 dollars. Why woundnt they?
maybe in 10 years from now.
Yes, slowly rise would be healthy for Bitcoin, quick rises are dangerous
If it was 1 mil per coin, people will be buying 0.0001 or something like that, and early investors will be selling 2 btc (combined, at any given moment). The price will surely go down.
This doesn't make any sense.
Lets say im an early invest with 100 btc. BTC reaches one million. I sell all of my btc. The price will crash because of the fact that people wont be able to buy at 1 mil.
1) You could say that at any $/BTC value.
2) Why would you sell it all at once and cause the price to crash?
You wouldn't just put in the equivalent of a market order to sell everything at any price the moment someone else makes a trade at 1 BTC=$1 million. You'd put in the equivalent of a limit order. "Sell as much as possible, up to 100 BTC, at $1 million/BTC or above." If people aren't able to buy at $1 million/BTC (*), then the price would stay below $1 million/BTC, but it wouldn't crash.
Again, what you're saying makes no sense. Let's say you're an early investor in gold and have 10 tonnes of gold. The price of gold goes up to $10 million/tonne. You sell all of your gold. The price will crash because of the fact that people won't be able to buy a 10 mil?
(*) There are 7 billion people in the world. If 100,000 of them each bought 1 mBTC for $1,000, then that 100 BTC gets sold at $1 million/BTC. The only question is how much people are going to value BTC in the future. And we can only really speculate on that.
One person wouldnt sell 100 btc, but a lot of early investors could start selling totaling 100 btc at that time.
Pretty much anything's possible.
If the large investors get spooked and want out no matter what, the price will tend to go down dramatically. If they're not spooked, and just would like to get out at a certain price point, the price will tend to hover slightly below that price point.
At a million dollars, they wouldnt be spooked, but excited!
I doubt it will happen.
In order for it to happen, the value of BTC has to be $10,000.
In order for it to happen, the value of BTC has to be $10,000.
once its touch 1500$ then you watch how quickly its going up and where to touch
I doubt it will happen.
In order for it to happen, the value of BTC has to be $10,000.
In order for it to happen, the value of BTC has to be $10,000.
maybe in 10 years from now.
In my opinion bitcoin cant get that value propably it just cant because of market.
I sure bitcoin can get that value and its not for away from us you must watch this very soon u can probably sell 0.0001 BTC for $1 on ebay
Your right, ebay price per BTC is crazy. Dont know if it buy real people or some shills.
In my opinion bitcoin cant get that value propably it just cant because of market.
u can probably sell 0.0001 BTC for $1 on ebay
I mined my first coin when Bitcoin was under $10 before the first time Congress discussed the issue. I remember telling family and friends it would be worth $100 someday. I've been amazed at how closely it follows hardware costs, and public interest. If you can mine 1 BTC for $1000 in hardware that seems to be the cost of the bitcoin. So as hardware is selling for 10,000 - 20,000 for ASIC miners, and as more and more of these Thash units come out, they will mine less and less BTC. Eventually I could see it getting to the point where the hardware costs $10,000 to mine a bitcoin within a year.
So I can imagine it getting to 0.0001 BTC / USD and while there are a lot of things that could stop this from becoming reality, I'm an optimist. I think it could.
So I can imagine it getting to 0.0001 BTC / USD and while there are a lot of things that could stop this from becoming reality, I'm an optimist. I think it could.
I dont believe difficulty affect price, but price afect difficulty instead. It is big difference
I think if the community continues to contribute to the hash rate, then wall street will have a harder time controlling the value.
I mined my first coin when Bitcoin was under $10 before the first time Congress discussed the issue. I remember telling family and friends it would be worth $100 someday. I've been amazed at how closely it follows hardware costs, and public interest. If you can mine 1 BTC for $1000 in hardware that seems to be the cost of the bitcoin. So as hardware is selling for 10,000 - 20,000 for ASIC miners, and as more and more of these Thash units come out, they will mine less and less BTC. Eventually I could see it getting to the point where the hardware costs $10,000 to mine a bitcoin within a year.
So I can imagine it getting to 0.0001 BTC / USD and while there are a lot of things that could stop this from becoming reality, I'm an optimist. I think it could.
I mined my first coin when Bitcoin was under $10 before the first time Congress discussed the issue. I remember telling family and friends it would be worth $100 someday. I've been amazed at how closely it follows hardware costs, and public interest. If you can mine 1 BTC for $1000 in hardware that seems to be the cost of the bitcoin. So as hardware is selling for 10,000 - 20,000 for ASIC miners, and as more and more of these Thash units come out, they will mine less and less BTC. Eventually I could see it getting to the point where the hardware costs $10,000 to mine a bitcoin within a year.
So I can imagine it getting to 0.0001 BTC / USD and while there are a lot of things that could stop this from becoming reality, I'm an optimist. I think it could.
Yes that's the catch.
Given the quick price rise, it is likely that, someday, BTC loses 95% of its value. At this time, everybody may laugh at you.
And when it will be back to its initial price and triple this price again, the people who laughed will become BTC buyers ;-)
Given the quick price rise, it is likely that, someday, BTC loses 95% of its value. At this time, everybody may laugh at you.
And when it will be back to its initial price and triple this price again, the people who laughed will become BTC buyers ;-)
If the price isn't manipulated by the upcoming wallstreet money that is entering the crypto space, then this price is quite possible.
Obviously wallstreeters are speculators, so the price may go to 25,000 and back to 1,000 in no time
If the price isn't manipulated by the upcoming wallstreet money that is entering the crypto space, then this price is quite possible.
gawd i hope it will. in that case, i will sell and buy a house or something.
I'm guessing for that Bitcoin would have to be $40000, right? Very less likely.
I think it will.
If it does, I will be a multi-millionaire
I think it will hit the ten thousands point in a few years or so
And by that time you could afford some math extra lesson cause if
one dollar will be worth 0.0001 , one BTC won't be worth 40000.
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