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Dwelach
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June 22, 2016, 02:08:02 PM |
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Is this true i did not know this before how does that thing look like. What if the bitcoin will reach the 1 milion dollar each that would be very funny everyone who bought bitcoins are very happy aha.
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"You Asked For Change, We Gave You Coins" -- casascius
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escrowboy
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June 22, 2016, 03:08:35 PM |
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For 1 Bitcoin to be worth $1,000,000, the total market cap of Bitcoin would have to be $21 trillion dollars. What are the odds of this happening?
For reference, the amount of physical $dollars and coins in circulation are around $1.2 trillion. The global M2 money supply of all currencies are around $45 trillion. The market cap of all mined gold is around $7 trillion.
Will 1 Bitcoin be worth a million dollars? Half a million? Thoughts?
We really need a big amount of demand from users to reach that amount. And to achieve such demand we need a billion of bitcoin subscribers to circulate the coin. |
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pitham1
Legendary
 Offline
Activity: 1232
Merit: 1000
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June 22, 2016, 03:52:22 PM |
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For 1 Bitcoin to be worth $1,000,000, the total market cap of Bitcoin would have to be $21 trillion dollars. What are the odds of this happening?
For reference, the amount of physical $dollars and coins in circulation are around $1.2 trillion. The global M2 money supply of all currencies are around $45 trillion. The market cap of all mined gold is around $7 trillion.
Will 1 Bitcoin be worth a million dollars? Half a million? Thoughts?
We really need a big amount of demand from users to reach that amount. And to achieve such demand we need a billion of bitcoin subscribers to circulate the coin. Even if there are billions of users, Bitcoin would need to constitute 1/3 of total global money supply for that to happen. That does sound like it is asking for too much. |
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gogodr
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June 22, 2016, 03:53:14 PM |
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21 trillion. Bring it on!
Im ready to be a millionaire.
a btc millionaire.
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socks435
Legendary
Offline
Activity: 2016
Merit: 1030
Privacy is always important
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June 22, 2016, 03:55:31 PM |
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For 1 Bitcoin to be worth $1,000,000, the total market cap of Bitcoin would have to be $21 trillion dollars. What are the odds of this happening?
For reference, the amount of physical $dollars and coins in circulation are around $1.2 trillion. The global M2 money supply of all currencies are around $45 trillion. The market cap of all mined gold is around $7 trillion.
Will 1 Bitcoin be worth a million dollars? Half a million? Thoughts?
We really need a big amount of demand from users to reach that amount. And to achieve such demand we need a billion of bitcoin subscribers to circulate the coin. Even if there are billions of users, Bitcoin would need to constitute 1/3 of total global money supply for that to happen. That does sound like it is asking for too much. Yeah your right i cant imagine that it will happen in the future.. and its over valued for bitcoin.. and bitcoin is just a digital currency not a gold or A big business. |
Solving blocks can't be solved without my rigs.
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goldcoinminer
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June 30, 2016, 06:26:03 AM |
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For 1 Bitcoin to be worth $1,000,000, the total market cap of Bitcoin would have to be $21 trillion dollars. What are the odds of this happening?
For reference, the amount of physical $dollars and coins in circulation are around $1.2 trillion. The global M2 money supply of all currencies are around $45 trillion. The market cap of all mined gold is around $7 trillion.
Will 1 Bitcoin be worth a million dollars? Half a million? Thoughts?
We really need a big amount of demand from users to reach that amount. And to achieve such demand we need a billion of bitcoin subscribers to circulate the coin. Even if there are billions of users, Bitcoin would need to constitute 1/3 of total global money supply for that to happen. That does sound like it is asking for too much. Yeah your right i cant imagine that it will happen in the future.. and its over valued for bitcoin.. and bitcoin is just a digital currency not a gold or A big business. Exactly, but it would be good to imagine that unrealistic projection to happen, as a newbie we can use this to lure them to invest in bitcoin to get more adoption that would help the community increase its volume. |
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freedomgo
Legendary
Offline
Activity: 3094
Merit: 1144
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June 30, 2016, 06:52:26 AM |
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I wish to see that happen but it seems like it was just a fantasy, although that is good but too unrealistic for me. I would already be happy even if I will see only a price of $10,000.
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Barnabe
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June 30, 2016, 07:51:42 AM |
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I wish to see that happen but it seems like it was just a fantasy, although that is good but too unrealistic for me. I would already be happy even if I will see only a price of $10,000.
I agree, but 10'000 seems a bit low for me. Something like 30'000$ would be more realistic if mass adoption occurs. But we are still way too pessimistic for some people  |
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DoublerHunter
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June 30, 2016, 01:18:45 PM |
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That price is so impossible because if that happens i think it will last for just seconds because many users will sell all their coins like crazy. But let be honest even hundred years or thousands it will be so impossible for bitcoin to reach that because after more or less hundred years bitcoin will abandoned because of the mining difficulty is extremely high.
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GamingBro
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June 30, 2016, 01:28:09 PM |
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$1 Million dollar bitcoins is look like a fairy tail nowdays, with price $650 people almost happy and i can't even imagin what will happen when price will be around 1 million.
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Republic of Coin
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July 16, 2016, 06:13:38 AM |
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The $1 Million Dollar Bitcoin will be seen in 20 to 50 year's time. It depends on the continuous development of bitcoin.
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freedomgo
Legendary
Offline
Activity: 3094
Merit: 1144
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July 17, 2016, 09:30:14 AM |
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That price is so impossible because if that happens i think it will last for just seconds because many users will sell all their coins like crazy. But let be honest even hundred years or thousands it will be so impossible for bitcoin to reach that because after more or less hundred years bitcoin will abandoned because of the mining difficulty is extremely high.
It could happen I think but that time the value of $1 million dollars will not be the same value as today, the figures does not really count but the value is really important when it comes to valuation of money. |
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ebookscreator
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July 17, 2016, 09:43:28 AM |
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The $1 Million Dollar Bitcoin will be seen in 20 to 50 year's time. It depends on the continuous development of bitcoin.
I think even in the future its very impossible to happen in the future the price of bitcoin is always depends in supply and demand.. So its impossible to happen.. but if we are lucky that it will happen i will start a new business online and buy some house and lots.. |
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phreaky
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July 18, 2016, 08:59:27 AM |
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For 1 Bitcoin to be worth $1,000,000, the total market cap of Bitcoin would have to be $21 trillion dollars. What are the odds of this happening?
For reference, the amount of physical $dollars and coins in circulation are around $1.2 trillion. The global M2 money supply of all currencies are around $45 trillion. The market cap of all mined gold is around $7 trillion.
Will 1 Bitcoin be worth a million dollars? Half a million? Thoughts?
The million Dollar Bitcoin does not exist and I do not believe that it ever is going to be created because it just does not make sense. If the price was a million Dolar then all the users would sell there coins I am sure of that. |
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martinacar
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July 21, 2016, 01:37:09 PM |
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For 1 Bitcoin to be worth $1,000,000, the total market cap of Bitcoin would have to be $21 trillion dollars. What are the odds of this happening?
For reference, the amount of physical $dollars and coins in circulation are around $1.2 trillion. The global M2 money supply of all currencies are around $45 trillion. The market cap of all mined gold is around $7 trillion.
Will 1 Bitcoin be worth a million dollars? Half a million? Thoughts?
It would be really something if the Bitcoin price was at $1,000,000 but we know that that is not going to happen because it just does not seem possible. I am already fine with the price ending up somewhere in the thousands. |
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Denker
Legendary
Offline
Activity: 1442
Merit: 1014
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July 21, 2016, 01:42:41 PM |
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For 1 Bitcoin to be worth $1,000,000, the total market cap of Bitcoin would have to be $21 trillion dollars. What are the odds of this happening?
For reference, the amount of physical $dollars and coins in circulation are around $1.2 trillion. The global M2 money supply of all currencies are around $45 trillion. The market cap of all mined gold is around $7 trillion.
Will 1 Bitcoin be worth a million dollars? Half a million? Thoughts?
It would be really something if the Bitcoin price was at $1,000,000 but we know that that is not going to happen because it just does not seem possible. I am already fine with the price ending up somewhere in the thousands. Sorry but the bolded part makes no sense. If you know something then please back it up with straight facts!! But let me guess you can't right?! So you're just speculating like anybody else. I say it's possible to reach 6-7 figures per bitcoin!But do I know for sure? Definitely not!And I can not deliver facts! |
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freedomgo
Legendary
Offline
Activity: 3094
Merit: 1144
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July 23, 2016, 07:10:24 AM |
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For 1 Bitcoin to be worth $1,000,000, the total market cap of Bitcoin would have to be $21 trillion dollars. What are the odds of this happening?
For reference, the amount of physical $dollars and coins in circulation are around $1.2 trillion. The global M2 money supply of all currencies are around $45 trillion. The market cap of all mined gold is around $7 trillion.
Will 1 Bitcoin be worth a million dollars? Half a million? Thoughts?
It would be really something if the Bitcoin price was at $1,000,000 but we know that that is not going to happen because it just does not seem possible. I am already fine with the price ending up somewhere in the thousands. Sorry but the bolded part makes no sense. If you know something then please back it up with straight facts!! But let me guess you can't right?! So you're just speculating like anybody else. I say it's possible to reach 6-7 figures per bitcoin!But do I know for sure? Definitely not!And I can not deliver facts! $1 million is too much to speculate and seems not realistic to me, to be honest I am very optimistic of the future of bitcoins but I still have to reserve some doubts in order for me not to be bias when it comes to my investment. The future will be great but will not reach $1 million. |
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groll
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August 06, 2016, 07:54:33 AM |
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I doubt if it will goes up to a million dollar worth of a bitcoin. I am not underestimating bitcoin but for it to reach that amount it would take a lot of things, circumstances to happen. The value could reach to more than what the price is from now. But since many cryptocurrency are now available in the market today, some will invest on coins that still have a low price. And wait for it to reach the price of the bitcoin today.
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lucky80
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August 06, 2016, 11:10:41 AM |
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Nothing is imposibble ...start accepting bitcoin as payment now.... ...and you should start tell your friend about bitcoin....when everyone knows about btc ....boom ....blockchain everywhere ...even you will pay banana with btc lol......... |
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freedomgo
Legendary
Offline
Activity: 3094
Merit: 1144
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August 06, 2016, 11:44:33 AM |
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Nothing is imposibble ...start accepting bitcoin as payment now.... ...and you should start tell your friend about bitcoin....when everyone knows about btc ....boom ....blockchain everywhere ...even you will pay banana with btc lol......... LOL! That's too ambitious, we are still in the young stage now and we cannot get the public to fully adopt bitcoin yet, the government will win and fiat will rule, bitcoin is just an alternate currency and we should be contented with that as anything beyond is so dangerous for us. |
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