Will Dollar worth 0.0001 BTC one day - page 6.

hoewer4what

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Quote from: flynn on December 10, 2013, 10:40:03 AM

Quote from: hoewer4what on December 10, 2013, 10:33:39 AM

Quote from: franz2 on December 10, 2013, 10:12:22 AM

One us $ will be 1 uBTC :-)

This I doubt, it would mean 10 million USD / BTC. Even wall street analys showed max value to 0.1 million USD / BTC

ooops : 1µBTC = 10^-6 BTC thus 1BTC would be 1 Million $, not 10. Just for clarification.

Thanks for correction, makes it bit more likely, but still most likely not possible

RodeoX

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The revolution will be monetized!

A dollar can't be worth BTC0.00001, dollars aren't backed by anything. Grin

flynn

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Quote from: hoewer4what on December 10, 2013, 10:33:39 AM

Quote from: franz2 on December 10, 2013, 10:12:22 AM

One us $ will be 1 uBTC :-)

This I doubt, it would mean 10 million USD / BTC. Even wall street analys showed max value to 0.1 million USD / BTC

ooops : 1µBTC = 10^-6 BTC thus 1BTC would be 1 Million $, not 10. Just for clarification.

hoewer4what

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Quote from: franz2 on December 10, 2013, 10:12:22 AM

One us $ will be 1 uBTC :-)

This I doubt, it would mean 10 million USD / BTC. Even wall street analys showed max value to 0.1 million USD / BTC

lordoliver

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expect(brain).toHaveBeenUsed()

you can compare bitcoin to gold.
The current world wide gold amount is worth about $8.5 trillion;
Dividing this to the 21 Million of maximal bitcoins gives one bitcoin a value of:
8 500 000 000 000$ / 21 000 000 BTC ~ 404 761$/BTC

at the actual gold price...

franz2

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One us $ will be 1 uBTC :-)

bitbox

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If BTC stays around for another 50 years, then it may hit 0.0001BTC per $ , but I don't see it coming in very new future. Fiat money are subject to inflation, we have to see how cryptocurrencies will cope with it. Imagine if somebody comes up with a new idea of internet currency and everyone will switch over to it from current cryptos, then we may see 1BTC = $0.0001 Grin

MoneyGod

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Quote from: jayburke on December 09, 2013, 10:47:05 PM

sure , a Dollar worth 0.0001 BTC in 2050 Grin

but I am sure its touch this in 2015 because its a great deal now many realizing this even in Switzerland lawmakers doing work for this

jones31

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Quote from: jayburke on December 09, 2013, 10:47:05 PM

sure , a Dollar worth 0.0001 BTC in 2050 Grin

I really don't get if you're Ironic or not. But with that 2050 I assume you are.
So? What is so funny or impossible about another 10x increase in bitcoin price?
Care to give some arguments?

jayburke

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sure , a Dollar worth 0.0001 BTC in 2050 Grin

jones31

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Quote from: ajax3592 on December 08, 2013, 03:26:15 PM

I'm guessing for that Bitcoin would have to be $40000, right? Very less likely.

Worst math ever?
Where did you get that 4 from 0.0001?
And is it "very less likely"?
Any arguments on this?

PenAndPaper

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Quote from: CoinGeneral on December 09, 2013, 09:53:11 PM

Quote from: mindfulmojo on December 09, 2013, 09:50:51 PM

I would say most definitely... The dollar WILL collapse eventually.

People have been saying this 2008...

I'm waiting

Some people don't understand that bitcoin don't need dollar to collapse to rise in value. Dollar will not collapse and this is fortunate because if it does millions of people will suffer.

zackclark70

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ADT developer

if the government keep printing as fast as they are it wont be long before its 1,000,000usd for loaf of bread lmao

mindfulmojo

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Well, don't just wait, prepare.

Bullets, food, precious metals, and bitcoins couldn't hurt.

I suggest you do some reading...

Why do you think the stocks keep going up?

It's not because the economy is getting better.

Do you know why the dollar is the reserve currency?

It's not backed by gold, it's backed by oil and blood in the middle east.

CoinGeneral

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The General

Quote from: mindfulmojo on December 09, 2013, 09:50:51 PM

I would say most definitely... The dollar WILL collapse eventually.

People have been saying this 2008...

I'm waiting

mindfulmojo

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Activity: 448

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I would say most definitely... The dollar WILL collapse eventually.

But at that point you won't be able to buy anything with the dollar,

so I guess the question is moot really.

Someday greenbacks will be no better than toilet paper... Sad

Don't blame the politicians, blame the bankers...

torrentheaven

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Definitively, dollar is not worth much anyway Tongue

One Dollar for 0.0001 BTC is about right, it would mean transaction would cost 1 dollar, quite reasonable if you look at Western Union fees

CoinGeneral

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The General

Quote from: ajax3592 on December 08, 2013, 03:26:15 PM

I'm guessing for that Bitcoin would have to be $40000, right? Very less likely.

$1 per 0.0001 BTC = $10,000 per 1 BTC

PenAndPaper

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Also a better way to put that titles is "Will 1 mbit worth 10 dollars one day?" Tongue

nahtnam

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Quote from: Bitcoin-hotep on December 09, 2013, 02:44:47 AM

Quote from: nahtnam on December 09, 2013, 12:48:36 AM

Quote from: Bitcoin-hotep on December 09, 2013, 12:30:17 AM

Quote from: nahtnam on December 08, 2013, 11:53:36 PM

Quote from: Bitcoin-hotep on December 08, 2013, 11:42:32 PM

Quote from: Itun on December 08, 2013, 11:24:20 PM

Quote from: Bitcoin-hotep on December 08, 2013, 11:17:27 PM

Quote from: oldmarsh on December 08, 2013, 11:06:59 PM

The value of the dollar will continue to decline against the Bitcoin. If/when 1 BTC is worth $10,000 USD, do not sell your BTC. More and more things are becoming available for purchase with BTC. Soon you will be able to buy most anything with BTC and it will be just as good as dollars.

You can already almost buy everything with bitcoins now that you can use them on Amazon

You can't use bitcoins on Amazon.

I just checked.

Do you mean you can buy gc with btc then buy things on the website?

That's different.

That's not different that is "using them on Amazon" maybe not directly but it is happening

That doesnt really mean anything. I can tell you that I am using a book to buy stuff on amazon. Its true. I find something I like, sell my book and I buy what I want! Grin

No that is selling books on Amazon

I am talking about using bitcoins to buy Amazon gift cards

You can trade books for amazon gift cards, but it doesnt mean anything. Your claim that Amazon accepts bitcoins is false. There are ways around it but amazon does not accept bitcoins.

I never said Amazon accepts bitcoin not once.

now that you can use them on Amazon

Topic: Will Dollar worth 0.0001 BTC one day - page 6. (Read 5568 times)