Sure. Bitcoin could be worth that price or probably even more if people realize the importance of bitcoin in general and how it's a potentially great store of value, but I really doubt it will be in 10 years. For bitcoin to reach that price in such a timespan, the current financial system probably needs to collapse for people to be dumping their fiat into bitcoin.
Countries will not switch to the Bitcoin system because it is impossible to manage it. New financial systems could be created on the national cryptocurrency or stablecoin, however this is absolutely unsafe. In my opinion, it is just needed to get people involved in Bitcoin and use Bitcoin as a separate independent financial branch NOT GOING TO HAPPEN. Why would people use a crypto backed by NOTHING  ? I would use a Gold backed or other real asset back crypto. How is that working out so far oh, its not, there is almost nothing that you can pay for in bitcoin, it must be converted to FIAT first. Price is dropping like a rock, I wonder how low it has to go before you guys start to figure it out 🤣🤣🤣🤣 Bitcoin is backed by a secure network, math, energy and cryptography you 'nonsense facts' A centralized government crypto'will fail just after its creation. You don't even know how bitcoin works. CLOWN |
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a Government 'backed'crypto will fail in its first HACK because of its centralized nature. Servers will be centralized and very vulnerable
You cant pay for everything with gold because is not divisible as Bitcoin.
The PETRO in Venezuela is FAILING already and people prefer to use bitcoin instead.
NOTHING works in Venezuela, a dishonest example that means NOTHING.. Crypto will very likely succeed in CHINA. Central banks all over the world are buying GOLD. So again, utter ignorance of reality on your part. You will absolutely deserve what you get, stupid and intellectual dishonesty has consequences. Hard Facts so if BTC is useless for you, WTF are you doing here?. You know you are wrong but you are spreading shit with a purpose.....banker |
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People will stop using banks once they realize that Bitcoin is a way better store of value and they have 100% control of their money.
People don't write paper letters anymore. They send emails and chat messages. Banks are post offices that will disappears and Bitcoin they they internet email.
You are WRONG, and make a really bad, fatal assumption. Crypto currency is the future of Money, yes, but it will NOT, NOT, NOT be bitcoin. The future and what people will use will likely be a gold, oil, or government backed cryptocurrency. Bitcoin is just as bad as FIAT, backed by NOTHING. REALITY: Bitcoin has been around for a long time, gotten lots of press and attention, and people are still NOT using it in place of fiat for transactions. A few transactions by aficionados yes, but not on any significant level. So you just going to ignore that unpleasant fact that proves you wrong You can ignore reality, but you can not ignore the consequences of ignoring reality 🤣🤣🤣🤣 and you are 1000 times WRONG. a Government 'backed'crypto will fail in its first HACK because of its centralized nature. Servers will be centralized and very vulnerable You cant pay for everything with gold because is not divisible as Bitcoin.
The PETRO in Venezuela is FAILING already and people prefer to use bitcoin instead. |
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The last week has been a little bloody... And yet, after all we've been through, I have grown numb to this feeling. Stress, sleepless nights, etc... these are all a thing of the past. In fact, I just had a delicious breakfast with my girlfriend. For those of you that are scared of the current situation, awaiting for a sell-off, its best to remember the long-term benefits that Bitcoin and crypto bring to the table. I recently wrote an article outlining the most important ones. Instead of getting sweaty palms thinking of the next 24-hours, use your time wiser and educate yourself by reading my post: https://paybis.com/blog/benefits-of-cryptocurrency/Hold onto your BTC, we are the future millionnaire generation. I agree with you 100%. Brutal crashes are the best time to buy more |
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US debt clock was created in 1989, aka 30 years ago. FIAT has been running the entire time, so no worries here. You whined earlier that Governments can't confiscate bitcoin, https://cointelegraph.com/news/markets-crash-after-reports-that-binances-shangai-office-closed-in-crypto-crackdownChinese authorities have reportedly raided and shut down the Shanghai offices of leading cryptocurrency exchange Binance.
Citing unnamed local sources, The Block says that local police have shut down Binance’s offices after raiding the premises.
Between 50–100 of the exchange’s employees reportedly worked out of the Shanghai location. Why don't you fly to China and tell their government , that your bitcoin deity protects them from RAIDs and imprisonment. Go Ahead wave your private key at them.  FYI: The DoomsDay clock for world wide nuclear annihilation was created in 1947. It was 7 minutes until destruction in 1947. Now it is 2019, 72 years later, the world is still here. The moral is don't believe all of the shock clocks people make up.  FYI2: Imagine if the Chinese Government , sells all of Binance Bitcoins that were held in the Shanghai office. Bitcoin below $1K is not out of reach. They could even use the proceeds to fund their Chinese crypto with Gold. https://u.today/bitcoin-will-suffer-if-china-coin-gets-backed-by-gold-peter-schiff-responds-to-max-keiserPeople will stop using banks once they realize that Bitcoin is a way better store of value and they have 100% control of their money. People don't write paper letters anymore. They send emails and chat messages. Banks are post offices that will disappears and Bitcoin they they internet email. |
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KEEP HODLING FIAT. YOU HAVE A 2% DECREASE IN YOU PURCHASING POWER EVERY YEAR GUARANTEED. NEXT YEAR 10% IN 2022 25% AND SO ON. IDIOT
DUMBASS! Bitcoin $9267.56 on Nov 7th Bitcoin $7642.75 on Nov 21st In 14 days, Bitcoin Purchasing Power Decreased by 18% Hate to break it to you , FIAT is beating the hell of bitcoin for the last 14 days. patroncito=dumbass nutjobFYI: Can someone who speaks dumbass, explain to this nutjob, the bitcoin price verse fiat is going down not up. Because he fails to understand English. Look how your bank shit and fiat garbage goes to the toilet....look https://www.usdebtclock.org/ |
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KEEP HODLING FIAT. YOU HAVE A 2% DECREASE IN YOU PURCHASING POWER EVERY YEAR GUARANTEED. NEXT YEAR 10% IN 2022 25% AND SO ON. IDIOT
DUMBASS! Bitcoin $9267.56 on Nov 7th Bitcoin $7642.75 on Nov 21st In 14 days, Bitcoin Purchasing Power Decreased by 18% Hate to break it to you , FIAT is beating the hell of bitcoin for the last 14 days. patroncito=dumbass nutjobFYI: Can someone who speaks dumbass, explain to this nutjob, the bitcoin price verse fiat is going down not up. Because he fails to understand English. You are now a clown. What about 10 years? 7800 dollara for one bitcoin and climbing...... |
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I have a question for everyone. Was 20,000 expected or even predicted in 2010??. If you have said that one single Bitcoin would be worth 20 thousand dollars in the next 20 years in 2010 people would just laugh and call you crazy, retarded and drug addict. Wake up!!!!!
Everyone is thinking in FIAT and stock market terms. Bitcoin is not a stock nor fiat.
A Company may buy back it's stock. A Government will support it's FIAT. Who supports Bitcoin, A Nutjob named patroncito. Bitcoin now in the $7K range, still dropping asshat. Guess you don't have the FIAT to support it. A Company can issue unlimited stock and dilute your ownership percentage, or even go bankrupt. A Government control its fiat, print unlimited amounts and tax the hell out of you. At the end of the day MFKRS like khaos will have to use Bitcoin after the above assets go to zero or go to the grocery store with bags of cash because of hyperinflation. BTC adoption is increasing year after year. Everybody knows that your arguments are baseless. fgt BITCOIN STILL WAYY ABOVE THE S&P 500 YEAR TO DATE DUMBASS Does my Grocery Store accept Bitcoin? NO Does my Electric Utility accept Bitcoin? NO Does my Gas Station accept Bitcoin? NO Does my Doctor accept Bitcoin? NO Does my Government Accept Bitcoin? NO Does my Neighbors Accept Bitcoin? NO (They All ACCEPT FIAT!)Ultra Dumbass Patroncito is so fucking clueless , the fact that in modern day life Bitcoin has close to Zero Acceptance. Does the Electric Companies accept Bitcoin from the Miners, again HELL NO! Bitcoin has failed as a currency, it only has ponzi speculation , which even that is failing. Bitcoin lost another $400 since this morning, look to be in the $6K range next week. Bubble burst at $20k, there are no dummies left to buy, which is why asshats like Patroncito are trying to trick more people into pumping a dying bitcoin. FYI: Suggestion Hodlers should just refer to themselves as Money Bleeders. The new York stock exchange is trading Bitcoin? YES Is Fidelity investments a Bitcoin custodian? YES Is Bitcoin traded worldwide? YES Is Bitcoin traded in the intercontinental exchange? YES Are all fiat currecies going to hiperflation? YES Are fiat currencies printed from nothing? YES Is Microsoft getting involved in Bitcoin? YES Is Starbucks getting Involved in Bitcoin? YES Is Bitcoin Hashrate going up? YES Are Banks afraid of Bitcoin? YES is Bitcoin backed by math, cryptography and energy? YES Does Bitcoin gets you freedom? YES Is Khaos a idiot banker or central banker trying to scare people from Bitcoin? YES All of the people you mentioned will accept Bitcoin in a few years and they will laugh at you, KEEP HODLING FIAT. YOU HAVE A 2% DECREASE IN YOU PURCHASING POWER EVERY YEAR GUARANTEED. NEXT YEAR 10% IN 2022 25% AND SO ON. IDIOT |
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BTC adoption is increasing year after year.
Everybody knows that your arguments are baseless. fgt
BITCOIN STILL WAYY ABOVE THE S&P 500 YEAR TO DATE DUMBASS
Anything can beat the Stock Market when it is in a bubble, even Bitcoin. It is great to be early in a bubble, people get rich from Pyramid Schemes all the time 💰💰💰💰 Bitcoin price is headed down, and its price is down way down over the past 2 years. How is that " Increasing Adoption " working out for you But hey, if you have so much " faith ", make sure you mortgage your house, and put EVERYTHING last cent you have into bitcoin !!! Bitcoin has ZERO intrinsic value, and the only thing that gives it value is what some greater FOOL will pay for it, just like any ponzi scheme. Everyone here is so blinded by their greed that they will ignore facts and reason. You can ignore reality, but you can not ignore the consequences of ignoring reality 🤣🤣🤣🤣 Hard Facts Its funny how this kind of trolls try to talk down Bitcoin knowing that all they say is wrong ahahaha. Bitcoin has been called a bubble since 10 dollars a coin. Anyways, your arguments have been proven wrong. And you have not answered my question. From your point of view what is better than bitcoin? |
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I have a question for everyone. Was 20,000 expected or even predicted in 2010??. If you have said that one single Bitcoin would be worth 20 thousand dollars in the next 20 years in 2010 people would just laugh and call you crazy, retarded and drug addict. Wake up!!!!!
Everyone is thinking in FIAT and stock market terms. Bitcoin is not a stock nor fiat.
A Company may buy back it's stock. A Government will support it's FIAT. Who supports Bitcoin, A Nutjob named patroncito. Bitcoin now in the $7K range, still dropping asshat. Guess you don't have the FIAT to support it. A Company can issue unlimited stock and dilute your ownership percentage, or even go bankrupt. A Government control its fiat, print unlimited amounts and tax the hell out of you. At the end of the day MFKRS like khaos will have to use Bitcoin after the above assets go to zero or go to the grocery store with bags of cash because of hyperinflation. BTC adoption is increasing year after year. Everybody knows that your arguments are baseless. fgt BITCOIN STILL WAYY ABOVE THE S&P 500 YEAR TO DATE DUMBASS |
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I have a question for everyone. Was 20,000 expected or even predicted in 2010??. If you have said that one single Bitcoin would be worth 20 thousand dollars in the next 20 years in 2010 people would just laugh and call you crazy, retarded and drug addict. Wake up!!!!!
Everyone is thinking in FIAT and stock market terms. Bitcoin is not a stock nor fiat.
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golds COST is its mining cost. golds PRICE is the speculative 'spot' price above cost
the amount of ADDED value on top of cost is the speculative of demand and desire
same goes for crypto
if there is a strong cost of production that will ofcourse and obviously react to form the base line support of the price(periodic low)
ABSOLUTELY WRONG... It does not matter what mining costs, a lot of energy is put into a lot of things that result in NOTHING, and go bankrupt... I could spend millions mining a common lava rock, and no one will care, its value will still be ZERO. You could spend megawatts of energy solving a useless math problem, and its value will still be ZERO. No one cares how much you put into something, they only care if there is a product that has value or not... Hard Facts I bet this is khaos using a different name, but anyways......nonsensefacts from your point of view what asset has true value? What asset could be better than bitcoin to solve the current financial system debt issues?? I bet you're still a dufus, why would I bother using a different name when I already won the argument we were having with this one. Any one that believes your retarded nonsense, deserves to learn the hard way.  Don't be surprised that multiple people see thru your bullshit. FYI: Bitcoin barely holding $8K, and that won't hold long. Ahhaahhahahaha YOU GOT TRASHED. Only a drug addict or a very retarded person would think that fiat is better than money and every government would be able to arrest every single person using Bitcoin. How many cops do you need to achieve that? Even jerome powell and Donald trump will have to use Bitcoin. Fiat currencies are doomed. Banks are doomed ....it is just a matter of time befor they collapse and people will realize that Bitcoin is the only way out you dumbo. |
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golds COST is its mining cost. golds PRICE is the speculative 'spot' price above cost
the amount of ADDED value on top of cost is the speculative of demand and desire
same goes for crypto
if there is a strong cost of production that will ofcourse and obviously react to form the base line support of the price(periodic low)
ABSOLUTELY WRONG... It does not matter what mining costs, a lot of energy is put into a lot of things that result in NOTHING, and go bankrupt... I could spend millions mining a common lava rock, and no one will care, its value will still be ZERO. You could spend megawatts of energy solving a useless math problem, and its value will still be ZERO. No one cares how much you put into something, they only care if there is a product that has value or not... Hard Facts I bet this is khaos using a different name, but anyways......nonsensefacts from your point of view what asset has true value? What asset could be better than bitcoin to solve the current financial system debt issues?? |
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Bitcoin is designed to be more scarce every single day while the population is almost required to increase its demand. Why? Because people will have to sell their failed fiduciary currencies per Bitcoin. The current financial system failed already and people will realize that Bitcoin is the only system to reset everything. Governments will try to create their centralized cryptocurrencies that will fail like the fiat due to hacks and the fact that people will prefer to use Bitcoin. Bitcoin is a blackhole that is swallowing every single fiat bill. 10 million dollars per coin is probably too conservative. People who dont own Bitcoin now will have to own in it later. Those who are acummulating BTC right now will be the richest people in the world. Bitcoin should hit that price in the next 10 years and there is nothing that could stop it.
You are so blinded by the desire to get rich, that you are making a lot of really bad and utterly false assumptions. 1. It does not matter how scarce bitcoin is, it has zero intrinsic value. 2. My " Hard Facts Coin " cryptocurrency is even more scarce than bitcoin, and its is still worth nothing. 3. An INFINITE number of non backed cryptocurrencies can be created, just like infinite FIAT. They will all go to zero. 4. Being the first cryptocurrency means NOTHING. How much is the first FIAT money worth Ha, you do not even know what it is, no one cares. How about the first Bank It is the biggest in the world ?? Again, no one even knows what the first bank was. Same with Cryptocurrency, no one will care it was first. 5. The BLOCKCHAIN is awesome !!! A world changing technology. And the crypto currency that will dominate will most likely be a government created GOLD - backed crypto, or backed by some similar real asset. Make sure you mortgage your house, and put EVERYTHING into bitcoin, you will deserve exactly what you get !!! You can ignore reality, but you can not ignore the consequences of ignoring reality  Another troll!! with only a few posts ever....another troll who thinks that a CENTRALIZED 'gold backed' crypto will beat Bitcoin. ahahahahaahh Thank you for 'non sense'facts |
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The only way I could see that would be if like 95% of the worlds population used bitcoin. At 10 million per coin we will do the math. 10,000,000 × 21,000,000= 210,000,000,000,000 or 210 Trillion dollar market cap. The entire planet only makes up around 240,000,000,000,000 (240 trillion dollars) so the other 30 trillion would have to be in gold. Gold would have to be way cheaper then it is now. It could be possible but i do not see it being in my life time! Lets work on 1 million per coin first!
There is a misunderstanding on the market cap figure. You don't need an INFLOW of 210 trillion dollars in order to get to that price. It is only a multiplication of the price by the number of units. It only takes someone to fill a trade at a certain price to get there. in 2011 nobody could have imagine that a single bitcoin would be worth 15,000 or even 20,000 in the next 8 years. |
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The point here is that Bitcoin is the best performing asset in the last 10 years and is 21 million percent up from its creation.
The Point is, anyone that got in early made a lot of money. Early has been over for years, 2017 the bubble burst and there are no signs of returning to even 20K much less the nonsense you made up. Odds are just as good bitcoin dies as continues on. And you need to stop making promises of rich$ that you can't backup. Then short it....do you think is going to die short it...If you are so sure that bitcoin will die then short it. Would you guarantee everyone here that bitcoin is dead?. post your short trade and ride it all the way up...dumbass Difference here , little bitch, Is that I don't need to trick others into investing to make money. That seems to be your only motive to game new suckers, for your ponzi scheme. you're funny. 'btc is a Ponzi scheme' argument of suckers. if the government is so great for you and btc is a Ponzi scheme why they haven't destroyed it yet??? oohh btw there are physically settled bitcoin futures already approved BY THE GOVERNMENT....hey you know what? go play with the dolls |
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You didn't really provide any justification why Bitcoin would go to more than $10 million per coin, nor why the state-backed cryptocurrencies would fail.
Surely, most countries have a fiat currency that is essentially based on debt. But it is not outside of the realm of possibility that all world countries would simply forgive eachothers debts to end the issue.
Likewise, a country could simply produce its own digital currency that is not pegged to its fiat currency, such that it would be a true rival to Bitcoin. A state-backed cryptocurrency like this would almost certainly surpass bitcoin, at least for the short term.
......not in the long term...im sorry |
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