jobjorn
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December 13, 2017, 04:47:14 AM |
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Can bitcoin really be comparable to gold in term of market cap?
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aljun107
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December 13, 2017, 04:51:20 AM |
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Owning 0.01 btc doesn't make you a millionaire though because the price of it doesnt even reached the million's value yet.But to make millions of it,you can invest it so that it will grow continually.
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red123
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December 13, 2017, 04:54:41 AM |
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Yes, I want! But after that many people will want more and more...
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truongdhnh
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December 13, 2017, 05:07:49 AM |
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I want and everyone want to be a millionaire. I have more than 0.01 btc, I hope the future that the day i will become millionaire, it will come soon.
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gabbie2010
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December 13, 2017, 05:26:54 AM |
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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.
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leexhin
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December 13, 2017, 05:30:53 AM |
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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=b0gmWuzOGOHWjwTI9bz4BQEdit: Another add you should read https://www.cnbc.com/2017/12/09/bitcoin-cameron-winklevoss-predicts-multitrillion-dollar-value-for-cryptocurrency.htmlWinklevoss 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. Nice prediction but I guess it wouldn't happen in my generation maybe in the next generation, But that might be true and would really love to see that happen.
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reingelz09
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December 13, 2017, 05:37:15 AM |
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Yes, maybe it will, but i think i will not be experiencing that being a millionaire anymore. possible to happen the year 2100 that kind of value
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ipanks
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December 13, 2017, 05:38:03 AM |
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if bitcoin price is more than $50k and we have 0.01 btc, maybe we are the richest person in our city. but now, if we only have 0.01 btc then we are not yet become a rich person and we are not yet a millionaire. bitcoin need to increase higher so we can say 0.01 btc can make us become a millionaire. I guess someday we can be a millionaire in our town if bitcoin is really too expensive to buy.
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Micerker
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BBOD The Best Derivatives Exchange
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December 13, 2017, 05:51:33 AM |
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I think this is crazy, no one is sure that it will reach the value of 10M $ per bitcoin in the future. Do not put too much faith in it if you do not want to be disappointed with it.
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Bruno77
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December 18, 2017, 04:19:15 AM |
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Honestly, this thread gives me back to mood and make me smile hehehe, although because i have more than 0.01 BTC and thinking what if this thread say's true? In the next few incoming years bitcoin will become $1m per BTC? How does is it? Then all bitcoiners right now technically would become millionaire if they still doing bitcoin before bitcoin become $1m hehehe
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Astrilian
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Ecosystem for Fundraising DAOs — ICOs 2.0
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December 18, 2017, 08:44:26 AM |
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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.
Very good point. When things look that bright it is tempting to dream big. But there were massive crashs in the past, look at what happened in 2011 or 2013. There are a few vulnerabilities out there. News about any goverment that is issuing laws that make trading or possession difficult or illegal could become a real threat. How this is going to play out is impossible to predict. On the upside, there are governments who support a coexistence. In switzerland you can pay your tax with Bitcoin. If other countries adopt that model things could play out much more in our favour.
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uslfd
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December 18, 2017, 09:56:47 AM |
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It is not going to be very possible to be honest. To see this, we will need to see the biggest 100 holders of BTC to have sold significantly their holdings. Right now BTC is still too centralised for this kind of price.
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PG13
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January 01, 2018, 07:36:31 AM |
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A promising thread. You have point. I do hope we can earn and hold it until this gonna happen.
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rcoins0720
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March 10, 2018, 02:34:39 PM |
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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.
I have 0.010 BITCOIN and as of NOW maybe I am not a Millionaire because the value of it as of now is 152 US dollars .. although it is not that big . despite of speculation that bitcoin will be a 6 digits in 2018 maybe it is time for me to do so.. I am buy and selling my bitcoin so I can get more and more profit before the year ends.. and hoping that the 6 digits speculation on bitcoin will go and happen.. I will hold now my bitcoin and wait until it drops again. heheh keep holding folks
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kuncimobil
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March 10, 2018, 02:38:06 PM |
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of course I want to be a millionaire and right now I'm trying to make my dream come true by getting bitcoin, let alone the bitcoin price is currently down and this is my chance to buy and hope to get a lot of profit
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Mersterious
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March 23, 2018, 06:36:54 PM |
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for me a good idea, I like this story, but I think that it can not. If possible, we can not see their descendants may be we will see
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TorbiK
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Diagon
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March 23, 2018, 06:41:01 PM |
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Not really, then I believe. That owning 0.01 BTC you can become a millionaire. Too small amount. Now that I had at least one other conversation.
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daarul50
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March 23, 2018, 07:30:45 PM |
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As long as bitcoin is still not distributed entirely then bitcoin price will continue to experience fluctuations that we can not predict the movement because there are many factors that influence the fluctuation of pumping and dumping. However, is different when bitcoin is completely distributed or mined, so bitcoin becomes a rare item and we all know that rare items will always rise every time even though we do not know exactly when bitcoin prices will be in the highest position even I'm sure bitcoin will be superior to gold sometime in the future.
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dear53
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March 23, 2018, 07:38:59 PM |
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