Topic: You want to be a millionaire? if you own 0.01 btc you already are (Read 3129 times)

I think that's too far to happen because it's been a bit of a bitcoin for a bit more than a year, it's going to increase that price because it's just 1million to 1bitcoin today, but nobody can say if such increases are so high that bitcoin depends on those of bitcoin investors when so many bitcoin users may be raising bitcoin for that year.

Mathematically it is feasible to achieve the landmark of becoming a millionaire in fees years to come with 0.01btc, be as it may there are many upcoming policies, reviews and regulations by government in different countries globally that may make or break the acceptability or adoptability of bitcoin which will invariably affect the price.
Presently many government central banks sees bitcoin as a major threat to their existence due to it's decentralized feature and are trying every possible means to ensure that government take appropriate actions to stop it.

The title says it all get 0.01 btc and you are on ur way to becoming a millionaire, you already are one if you do not know the true value of bitcoins, cough cough Satoshis.  Forget about owning a full bitcoin, you want to earn satoshis, which we call the units of 0 and 1 or Mbits milibitcoins.  Soon a few years from now 1 satoshi will be the equivalent of 1 USD or Euro if money is still around. You know yes most of you missed the billion dollar train but still you have time to have a million dollars worth of satoshis.  so if you do the math owning 0.10,000,000 = 10 million USD  so if you own 0.01 that makes it 1 million dollars.  

You are wondering why I am saying bitcoin is worth 100 million dollars right?  We have a long way to go.  Cough cough, Many factors that contribute the value of 1 bitcoin being worth 100 million dollars.  Well Bitcoin is not just a local or gov owned store of value, its competing with Fiat currency all over the world, from USD, to the YEN.  There are many factors I can shoot out but one major one is that Bitcoin is becoming mainstreamed and the fact there is probably going to be 16 million bitcoins in circulation, why I said 16 mil?  because they are probably around 5 million bitcoins lost.  If you want to add to this topic any more factors that reason why you are already sitting on a million dollars, please be free to do so.
  
Edit: It seems a few of you are agreeing and few are not.  I remember a time the few of you said the same thing about 10,000 USD a bitcoin.  I remember when they said that about 1,000 USD.  Guess what they are all kicking their arses now.  

Here is another factor to add that Bitcoin a World Wide curreny that is competing with fiat.

https://www.google.ro/search?q=how+many+people+in+the+world&ie=utf-8&oe=utf-8&client=firefox-b-ab&gws_rd=cr&dcr=0&ei=b0gmWuzOGOHWjwTI9bz4BQ


Edit:  Another add you should read https://www.cnbc.com/2017/12/09/bitcoin-cameron-winklevoss-predicts-multitrillion-dollar-value-for-cryptocurrency.html

Winklevoss just made this prediction as well.


We've always felt that bitcoin, given its properties, is gold 2.0 — it disrupts gold. Gold is scarce, bitcoin is actually fixed. Bitcoin is way more portable and way more divisible. At a $300 billion market cap, it's certainly seen a lot of price appreciation, but gold is at $6 trillion and if bitcoin disrupting gold is true and it plays out ... then you can see 10 to 20 times appreciation because there is a significant delta still," Cameron Winklevoss told CNBC on Friday.

"Long term, directionally, it is a multitrillion-dollar asset — I don't know how long it takes to get there," he added.