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Author Topic: The $1 Million Dollar Bitcoin  (Read 25593 times)
jaysabi
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April 09, 2016, 04:35:03 PM
 #141

This will probably never happen, $10000 is probably more realistic

Very rightly said, bitcoin can hit the milestone of $10k in future and it has potential to reach there for sure, but its difficult to believe that it can be a million dollar baby in future.

$10,000 per btc is really unrealistic as well. It would require bitcoin to become a dominant currency in its own right, and to hold a stable value. It's failing both of those tests currently, and there's no real reason to assume that will change.

malphite
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April 09, 2016, 04:42:56 PM
 #142

Shouldnt it be realistic to compare it as the current gold prices?

I meant intially thats what were saying right, or do we compare the market cap. Or does this go beyond the prices of gold.
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April 09, 2016, 05:53:17 PM
 #143

Will you buy for 1 mln if dollar will enter in hyperinflation than 1btc will be 1mln but dollar will be worth nothing

If its like that due to hyperinflation.

You just answered your own statment lol. no one in the right mind would buy into thats worthless.
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April 09, 2016, 07:17:11 PM
 #144

it will be whan will be not possible to buy for dollar even matches.may happen i remember i ve been paying 60000 for packet f cigarettes in my national currency now i pay 12

 
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April 10, 2016, 09:14:55 AM
 #145

This will probably never happen, $10000 is probably more realistic

Very rightly said, bitcoin can hit the milestone of $10k in future and it has potential to reach there for sure, but its difficult to believe that it can be a million dollar baby in future.

Bitcoin might hit that milestone, but percentage of possibilities found is very low compared to a price around $3000 to $5000.

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Blackmet
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April 10, 2016, 09:59:07 PM
 #146

If it will happen all bitcoin owners will be happy. But earning bitcoin hm.. it would be impossible for people cause easy millions is fairy tail.

MaritiJames3
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April 11, 2016, 02:40:49 PM
 #147

The chance of this happening is so small. Now we are talking about hundreds when it comes to the bitcoin price. So for it to be a million dollar is a small chance but is is possible.   
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April 11, 2016, 02:58:23 PM
 #148

It's pretty hard, or likely impossible (at least in the nearest horizon) that Bitcoin reach this price , it's too high. But there is a good possibility that Bitcoin's price increase highly and that's already could be profitable for the Bitcoin's holders
ultimatesky
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April 18, 2016, 08:16:40 AM
 #149

It is just not possible right now to have a one million dollar Bitcoin. It can happen in the future but even then I am not sure if that will ever happen. We have to focus on the current price and focus about the future later.
Chrismeister
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April 20, 2016, 09:59:53 AM
 #150

This will probably never happen, $10000 is probably more realistic

Very rightly said, bitcoin can hit the milestone of $10k in future and it has potential to reach there for sure, but its difficult to believe that it can be a million dollar baby in future.
It can but that means that it has to go really well with Bitcoin if there is going to be a million dollar Bitcoin. This is what people are hoping for that will happen in the future.
randy8777
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April 20, 2016, 10:04:24 AM
 #151

It is just not possible right now to have a one million dollar Bitcoin. It can happen in the future but even then I am not sure if that will ever happen. We have to focus on the current price and focus about the future later.

$1,000,000 will never become reality. i can't see the point of some one speculating about $1,000,000 while we haven't even gone through the $1000 price level again. well said about that we have to focus on the current price, i only don't think other people will understand this as well.
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April 20, 2016, 11:37:38 AM
 #152

10k is pretty easy and and overshoot to 100K not out of the question in the next few years.

The amount of relative inefficiency in the FIAT system vs BTC is unlimited.

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DuckKeeper
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April 20, 2016, 01:38:23 PM
 #153

This will probably never happen, $10000 is probably more realistic

Very rightly said, bitcoin can hit the milestone of $10k in future and it has potential to reach there for sure, but its difficult to believe that it can be a million dollar baby in future.
That value will never reach that high, as you can see now you see that the value will b more worth in the future because the halving is also coming and that is quite nice.
The only thing that you never know is when it will stop and start rising so you have to take some risks.
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April 20, 2016, 01:51:09 PM
 #154

Prdicting anything higher than 10k dollar per bitcoin is just not more than high expectation only. I think 1k will be within 1-2 years and it can reach 10k by next 10 years. But i will be rich if it reach 1 milion dollar ever.  Grin Wink

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April 21, 2016, 04:17:04 AM
 #155

Prdicting anything higher than 10k dollar per bitcoin is just not more than high expectation only. I think 1k will be within 1-2 years and it can reach 10k by next 10 years. But i will be rich if it reach 1 milion dollar ever.  Grin Wink

That's true... it's more of a expectation and speculation also..Nothing is certain when it comes to bitcoin price..$1k dollar is nearer, we all know that, as it was already reached before...But I think, the more the supply was halved,the nearer the $10k is but not that $1 million.. that's too much...
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April 21, 2016, 01:41:46 PM
 #156

This is definitely not happening any time soon now because it is just way to high. We have to stay realistic here and on what the price is now or what it is going to be this year. But speculating about the 1 million Dollar Bitcoin is getting us nowhere.
bitcoinboy12
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April 21, 2016, 01:53:02 PM
 #157

This is definitely not happening any time soon now because it is just way to high. We have to stay realistic here and on what the price is now or what it is going to be this year. But speculating about the 1 million Dollar Bitcoin is getting us nowhere.

Yes, i think so too. This won't be happening anytime soon. But, it doesnt mean it's not going to happen. Just hang on to it. It will be worth it im sure..

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April 21, 2016, 01:54:54 PM
 #158

I had also same dream
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April 21, 2016, 03:38:50 PM
 #159

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?
So many odds for bitcoin to reach $1,000,000 prices,and marketcap will never up to $21 Trilion dollars,some odds is just like bitcoin user not use bitcoin as well,they just pointed the profit without use it. and bitcoin halving also will become odds for that.

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April 21, 2016, 03:44:33 PM
 #160

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?

Higher odds of a million dollars dropping out of the sky than bitcoin going to 1 million. As hopefull as i would be i cant see 1 single country ever adopting bitcoin as the national currency, never mind the whole world.

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