UPDATE

[kaselit]

UPDATE

[jaberwock]

Of course it is possible with some trillions invested in BTC and its infrastructure, but keeep faith after 2 years of bear market is hard.

BTC may die too and be worth 0, I think it is more likely than 1M, but most likely none of them will happens

[NeuroticFish]

Some people deciphered too what Nostradamus said when he was drunk.
If you try hard and think of all possible things that could be meaning, you have a good chance to also uncover the truth or at least sell a couple of books.

Now really.....

[RussianRaibow]

Let us reach 500 first. If it reaches 1 million, you wont need to ask anyone. It will be on every posible media and bitcoin millionaires will be featured on PlayBoy with nude models sitting on their lap.

[franky1]

those that want bitcoin to be $1mill.. are the dreamers that only hold $300 and are hoping for a big lottery pay day in their life time.

[Raimonn]

If bitcoin reach 1 Milion of $ could be because dolar crashed, and we will have a terrible inflation, and an hamburger could cost 100$ or more. All is possible but first bitcoin has to break the last top mark that was 1200 $

[Amph]

it need to have 3333x bigger market cap than what it is now, which mean 12T, this mean that it need to sucks a monstrous value out of fiat money

adoption would be full at that point, surely more possible than a collision, but saying that it is possible does not mean that it will happen...

[Mickeyb]

Few weeks ago there was an article where some financial analysts were trying to predict Bitcoin's future. They pretty much gave us 50% chances of disappearing and 50% chances of making it, while 0.02% chances of these 50% were that we are going to make it huge, meaning 1 bitcoin = $1 million. So yes, there are very small chances but still chances.

You can find an article in my post history but you have to dig through it.

[lama-hunter]

of course it can!  1 Millions seems to be very legit  Awatin for that time an Satoshi would be an Dollarscents  would be great.
Maybe we could steal the delorian and travel to the future to now it :=)

Ohterwise it`s the Futre of blockchaintechnologie. Banks are Out. Bitcoin is In.

regards
lama-hunter

[gentlemand]

Ten years for a completely new concept to completely take over the world in the most emotive and conservative part of most peoples' lives?

I'm going for a nope on this one.

[vuduchyld]

it need to have 3333x bigger market cap than what it is now, which mean 12T, this mean that it need to sucks a monstrous value out of fiat money

adoption would be full at that point, surely more possible than a collision, but saying that it is possible does not mean that it will happen...

Yes, this.

Global M0 money supply in US Dollars is roughly $2.5 trillion.  Global M1 money supply is $10.5 trillion.

So, sure, MAYBE bitcoin could get to $1 million...if it replaces the USD as the prime international currency.  And the economy grows another 20%.  And pigs stat flying. 

[CoinNation]

it need to have 3333x bigger market cap than what it is now, which mean 12T, this mean that it need to sucks a monstrous value out of fiat money

adoption would be full at that point, surely more possible than a collision, but saying that it is possible does not mean that it will happen...

Yes, this.

Global M0 money supply in US Dollars is roughly $2.5 trillion.  Global M1 money supply is $10.5 trillion.

So, sure, MAYBE bitcoin could get to $1 million...if it replaces the USD as the prime international currency.  And the economy grows another 20%.  And pigs stat flying. 

This will not happen in 10 years. It may happen in 30-50 years. And it is not $1m in today's US dollar. It is in 30 year's US dollar.

[lama-hunter]

it need to have 3333x bigger market cap than what it is now, which mean 12T, this mean that it need to sucks a monstrous value out of fiat money

adoption would be full at that point, surely more possible than a collision, but saying that it is possible does not mean that it will happen...

Yes, this.

Global M0 money supply in US Dollars is roughly $2.5 trillion.  Global M1 money supply is $10.5 trillion.

So, sure, MAYBE bitcoin could get to $1 million...if it replaces the USD as the prime international currency.  And the economy grows another 20%.  And pigs stat flying. 

This will not happen in 10 years. It may happen in 30-50 years. And it is not $1m in today's US dollar. It is in 30 year's US dollar.

How could you clearly say this? There can come different Movements for a big Pricerising like the actual syrian reffugee crysis, or the Problems in greece, or..
Otherwise i would say Bitcoin is open an will be back soon at his 1000$ mark where it belongs too 
  Maybe iam just an optimist but i cleary think u cannot reach money by Mining but by invisting in the Cryptocurrencys

regards
lama-hunter

[Hugroll]

i dont see bitcoin being worth 1 million ea within 10years, way too many people are hodling btc and if the price were to go that high everyone would just sell their coins and the demand would diminish, itll get to that price slowly and steadily but i certainly don't see it happening in 10 years.

[thejaytiesto]

Of course it is possible with some trillions invested in BTC and its infrastructure, but keeep faith after 2 years of bear market is hard.

BTC may die too and be worth 0, I think it is more likely than 1M, but most likely none of them will happens

It is indeed more probable that we see 1 million per coin than we seeing 0. The amount of fiat out there... there are hundreds thousands of trillions out there, we just need a couple to come to Bitcoin and bang, here you have, 1 Bitcoin goes to 1 Million+.We just need more whales and average day people using it. Uber is 50 billion, Bitcoin is 4 billion... do the math.

[dinda22]

i dont see bitcoin being worth 1 million ea within 10years, way too many people are hodling btc and if the price were to go that high everyone would just sell their coins and the demand would diminish, itll get to that price slowly and steadily but i certainly don't see it happening in 10 years.

I agree with you, if the bitcoin price reaches $1m everyone will sell. no one dares if bitcoin price is too high, the risk is very big

[gentlemand]

I agree with you, if the bitcoin price reaches $1m everyone will sell. no one dares if bitcoin price is too high, the risk is very big

As is so often quoted, $1 mil would mean there was somewhere around zero need to go back to your local currency other than tax paying, and even then there'd be services desperate for your coins so you could probably pay through them too. At that price level it would be used as actual money stuff across the globe. The era of speculating towards a potential far future would be dust.

[zimmah]

It's possible, the question is is it likely to happen?

I don't know.

Maybe, maybe not. A lot can happen in 10 years.

[zimmah]

those that want bitcoin to be $1mill.. are the dreamers that only hold $300 and are hoping for a big lottery pay day in their life time.

Not true, I hold more than $300, have been holding since 2013 and have been investing a large portion of my fiat currency in Bitcoin and silver, because I don't believe in fiat currency anymore.

I want Bitcoin to succeed because I want to get rid of this fiat money scam, and for Bitcoin to truly succeed it needs to get bigger, much bigger. If that happens I will profit a lot from my early investment, but the true profit is no longer being financially enslaved by mega corporations and banks. Not only for me, but for everyone in the world.

[Peter R]

One million dollars? 

Where we're going, we won't need dollars.