Bitcoin Forum
January 20, 2019, 08:22:31 PM *
News: Latest Bitcoin Core release: 0.17.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 [27]
  Print  
Author Topic: The $1 Million Dollar Bitcoin  (Read 25268 times)
Gabrieelle
Sr. Member
****
Offline Offline

Activity: 364
Merit: 267


View Profile
January 18, 2018, 01:31:43 AM
 #521

it would happen if the technology of bitcoin will continue to upgrade or else it would stock on the same if they don't upgrade it, because we are living in the modern world and many investor will have interest if theres a new technology that would be born
Every year there is a new technology coming out and replacing all the old ones. I think bitcoin can adopt with these changes for it is known to be a digital currency which works through the virtual world. A lot of people are investing in bitcoin which will be reasonable to upgrade its technology along with the major upgrades happening every year.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1548015751
Hero Member
*
Offline Offline

Posts: 1548015751

View Profile Personal Message (Offline)

Ignore
1548015751
Reply with quote  #2

1548015751
Report to moderator
1548015751
Hero Member
*
Offline Offline

Posts: 1548015751

View Profile Personal Message (Offline)

Ignore
1548015751
Reply with quote  #2

1548015751
Report to moderator
Gotumoot
Sr. Member
****
Offline Offline

Activity: 694
Merit: 251



View Profile
January 21, 2018, 06:56:13 AM
 #522

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?

This post or this thread is from 2015 , three years I'm quite shock though , they said that 1 bitcoin value cannot be 1million dollar so quess what though the bitcoin price is almost 1million , the price of bitcoin is 616,000 dollars. Half of a million.

▄███████████████████▄
████████████████████▀
██████████████████▀
█████████████▀  ▀   ▄█
███████████▀   ▄  ▄███
████▀▀███▀   ▄████████
██▀    ▀   ▄██████████
    ▄   ▄████████████
   ▄███▄████▀██▀▀█▀█▀█
 ▄██████████ █ ███ █ █
▀███████████▄█▄▄▄█▄▄█▀
   ▐███▀
   ▐█▀
iCumulate
.Investing in the future together     
███████ █▄
███████ ███▄
███████▄▄▄▄▄
████████████
████████████
████████████
████████████
.
WHITEPAPER
▀▀▀▀▀▀▀  ▀▀▀▀  ▀▀▀  ▀▀  ▀
███████ █▄
███████ ███▄
███████▄▄▄▄▄
████████████
████████████
████████████
████████████
.
ONE PAGER
▀▀▀▀▀▀▀  ▀▀▀▀  ▀▀▀  ▀▀  ▀
▄▄█████████▄▄
▄█████████████████▄
▄██████████▀▀▀▀███████▄
▄█████████▀     ████████▄
▄██████████   ████████████▄
█████████        ██████████
█████████▄▄   ▄▄███████████
███████████   █████████████
▀██████████   ████████████▀
▀█████████   ███████████▀
▀████████▄▄▄██████████▀
▀█████████████████▀
▀▀█████████▀▀
▄▄█████████▄▄
▄█████████████████▄
▄█████████████████████▄
▄████████████████▀▀█████▄
▄████████████▀▀▀    ██████▄
████████▀▀▀   ▄▀   ████████
█████▄     ▄█▀     ████████
████████▄ █▀      █████████
▀████████▌▐       ████████▀
▀████████ ▄██▄  ████████▀
▀█████████████▄███████▀
▀█████████████████▀
▀▀█████████▀▀
ayesha703
Jr. Member
*
Offline Offline

Activity: 111
Merit: 5


View Profile
January 21, 2018, 07:08:59 AM
 #523

Wow ! 1 BTC = 1M !! Is this really possible !! Who knows... Because the previous 2 year was so exciting for BTC holders. That is really amazing that how the price of BTC is getting high. If we think of the current situation we can guess that within next ten years it could be really possible. If it happens I will not be surprised too much.
Mevz
Full Member
***
Offline Offline

Activity: 224
Merit: 106


View Profile
January 21, 2018, 07:23:15 AM
 #524

Yes it could happen, if it becomes huge and used worldwide in trading and financial businesses. Even experts are acknowledging this scenario, but giving it just 0.02% chances of happening. Well even 0.02% is better than 0 chances! Smiley

http://www.coindesk.com/wedbush-report-projects-400-bitcoin-price-by-2016/


Atleast it has a chance, its too early now to say that. Cryptocurrency is not yet known in the whole world so many businessmans don't know what bitcoin is and what is that use for and the new generation now what if they all use bitcoin in their daily life . I think its not impossible but its not the right time maybe after 10 years or 20 years we could figure it out.

Focus on learning...
Sandijoee
Member
**
Offline Offline

Activity: 294
Merit: 10


View Profile
January 21, 2018, 08:35:26 AM
 #525

it is unlikely that it happened, because the price is so true that the price is too high. If it does happen it might affect each country because there are still countries that do not allow bitcoin in their respective countries. But it can be profitable for us who use it.  Grin
Lasvista
Full Member
***
Offline Offline

Activity: 398
Merit: 104


FINANCEX - The Next Generation Exchange


View Profile
January 21, 2018, 09:30:43 AM
 #526

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 price of bitcoin as of now is 11876.42 but here on the my country almost half a million , so yes I think in future bitcoin value will be half of a million or should I say a million , you see some changes right , I look at some post here they said bitcoin wouldn't reach it but look at now.

Etherlevis128
Member
**
Offline Offline

Activity: 149
Merit: 12


View Profile
January 21, 2018, 09:36:46 AM
 #527

it would happen if the technology of bitcoin will continue to upgrade or else it would stock on the same if they don't upgrade it, because we are living in the modern world and many investor will have interest if theres a new technology that would be born
Every year there is a new technology coming out and replacing all the old ones. I think bitcoin can adopt with these changes for it is known to be a digital currency which works through the virtual world. A lot of people are investing in bitcoin which will be reasonable to upgrade its technology along with the major upgrades happening every year.
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.
ultraminer11
Member
**
Offline Offline

Activity: 106
Merit: 12


View Profile
January 21, 2018, 09:44:48 AM
 #528

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?

This post or this thread is from 2015 , three years I'm quite shock though , they said that 1 bitcoin value cannot be 1million dollar so quess what though the bitcoin price is almost 1million , the price of bitcoin is 616,000 dollars. Half of a million.
Everyone thrives on hopium. This joint would be awfully quiet if it was commonly acknowledged that BTC was a weed and crybaby who couldn't budge a piddling amount upwards without collapsing again.
And it's not going anywhere without some long term faith.
RavenHood
Full Member
***
Offline Offline

Activity: 294
Merit: 105


View Profile
January 21, 2018, 11:23:13 AM
 #529

In my opinion, one bitcoin equivalent one million dollars that is so incredible. It will take a long period of the time or year before that happen. Like previous month December bitcoin got the high value one bitcoin = 1 million pesos (Philippines pesos). I believe that someday bitcoin can reach 1 million dollars with the help of the investor. The high demand bitcoin in the markets the chance to increase the value of it.
Perseusallen
Full Member
***
Offline Offline

Activity: 196
Merit: 101


View Profile
January 21, 2018, 11:46:33 AM
 #530

for now. bitcoin has been dumping itself cause we all know that japan and korea has threaten that when they didnt dump bitcoin they will not buy it so investors will forced to withdraw or pulled out they investment cause they want to buy japan and korea of bitcoin. 1 million dollars has so huge amount of money. i really dont know if that would be happen but let see in the future.
fredo123
Full Member
***
Offline Offline

Activity: 350
Merit: 100



View Profile
January 21, 2018, 12:04:07 PM
 #531

At this moment, its too far from reality, even a decade passed by, Some of the country prohibits using bitcoin, because of possible anomalies might happen in the future, This is the big threat faced by bitcoin users.
Republic of Coin
Sr. Member
****
Offline Offline

Activity: 273
Merit: 250


View Profile
January 24, 2018, 05:23:13 PM
 #532

In my opinion, one bitcoin equivalent one million dollars that is so incredible. It will take a long period of the time or year before that happen. Like previous month December bitcoin got the high value one bitcoin = 1 million pesos (Philippines pesos). I believe that someday bitcoin can reach 1 million dollars with the help of the investor. The high demand bitcoin in the markets the chance to increase the value of it.

If the bitcoin can represent the whole US government debt, it is more than 1 million dollars.
chrisrok
Member
**
Offline Offline

Activity: 134
Merit: 12


View Profile
January 24, 2018, 06:07:25 PM
 #533

I think that bitcoin can replace gold as a secure store of value. so I think we could in fact see prices between 100k - 300k.
Prices above are very ambitious, but who knows?
OracionSeis
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500


View Profile
February 10, 2018, 05:37:37 PM
 #534

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?

This post or this thread is from 2015 , three years I'm quite shock though , they said that 1 bitcoin value cannot be 1million dollar so quess what though the bitcoin price is almost 1million , the price of bitcoin is 616,000 dollars. Half of a million.
Everyone thrives on hopium. This joint would be awfully quiet if it was commonly acknowledged that BTC was a weed and crybaby who couldn't budge a piddling amount upwards without collapsing again.
And it's not going anywhere without some long term faith.

For an asset like Bitcoin set value by its community user, you're right. The value of Bitcoin is unknown and it won't be worthless if the world still like to using it, investing in this currency. Bitcoin really made the world changed opinion about finanicial, stock, forex market, ... This place isn't a gambling type, it's investment.

Time off to sleep ... ( ̄︶ ̄)~
September11Myth
Full Member
***
Offline Offline

Activity: 386
Merit: 105



View Profile
February 28, 2018, 11:22:37 PM
 #535

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?

Finally someone who is putting down the numbers. And the numbers are showing that 1 Bitcoin 1 Million $ is far beyond what's possible. Unless the whole world turns completely mad, in which case probably we would also see the dollar disappear.

TWIST   ⧼   REVOLUTIONISING BLOCKCHAIN ACCESSIBILITY   ⧽   TWIST
║   twist.network   ║
        ANN  Twitter  |  WHITEPAPER  |  Discord  |  Medium
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 [27]
  Print  
 
Jump to:  

Bitcointalk.org is not available or authorized for sale. Do not believe any fake listings.
Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!