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Question: Will 1 BTC reach 1M $ comparable value in 10 years?
Yes
No, never
No, it need more time
No, but it can reach more than 100K $

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Author Topic: UPDATE  (Read 3657 times)
kaselit
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November 10, 2015, 08:31:04 PM
 #1

UPDATE
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November 10, 2015, 08:44:44 PM
 #2

Yes it can i wish it could be there in next 10 years. Cool


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November 10, 2015, 08:51:38 PM
 #3

10 years is short term  Grin
You have to think bigger.
What if bitcoin becomes the main currency for decades ? (like it was intended to be)
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November 10, 2015, 09:04:08 PM
 #4

I think so it can take more time to each this $10 M/Btc as per many expert analysis it can go up to  $10.000 within 10 years so that price your expecting in that period is looking short.

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November 10, 2015, 09:05:28 PM
 #5

The price will not rise to $1M in 10 years. It might be $100,000 in 10 years, depending on adoption. If it cannot reach $10k. It means it has failed.
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November 10, 2015, 09:19:40 PM
 #6

that will great  Grin but it is very hard for bitcoin to reach that in 10 years maybe more but who know maybe in 10 years i will reach the half and then the bitcoin will be the main currency when it reach that level it will be easy for betcoin price to be 1M$ Wink

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November 10, 2015, 09:22:04 PM
 #7

The price will not rise to $1M in 10 years. It might be $100,000 in 10 years, depending on adoption. If it cannot reach $10k. It means it has failed.

If btc is trading above $1000 in 10 years, I'd be surprised.


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November 11, 2015, 02:48:57 AM
 #8

I dont think we can reach 1M in 10 years but you never know. Ten years is long period and lot of shit can happen in that time.
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November 11, 2015, 07:25:08 AM
 #9

I do not think that far, in fact I think this is impossible. I just think the highest bitcoin price ranges $1000 - $5000 Smiley
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November 11, 2015, 07:31:24 AM
 #10

we are never know what happen to bitcoin price in the next 10 years but for reach 1M$ i'm pretty doubt bitcoin will hit that price but probably we need more time for reach it
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November 11, 2015, 07:47:15 AM
 #11

the price right now is still being dumped, and you're talking about 1M, values like this can be considered when we can achieve 4 figures first, not when we struggle to reach 500 usd

it can be possible but highly unlikely
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November 11, 2015, 08:00:20 AM
 #12

Say what you think!

I don't think so. 1 millions us dollar for 1 bitcoin is a very high amount and even the most courageous of us cannot (must not) hope such price (at least according to me). We are in a situation in which most of the countries ignore bitcoin (that mean that the spread of it in those countries is nonexistent or very few), we have some countries which has banned it and some others who have regulated it (in various ways). This situation can't leave to many hopes about this prediction. But even if this situation would be much better I don't think that bitcoin will arrive that price someday. I will be more than happy if it will be possible such thing but, as for me, it is only a hopeless imagination.
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November 11, 2015, 08:09:23 AM
 #13

I don't know about 1M $, but Bitcoin can reach $10k in 10 years IMO. I'm not saying to reach 1M $ in 10 years is absolutely not possible, but it is highly improbable.

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November 11, 2015, 08:13:41 AM
 #14

This scenario of bitcoin reaching 1 million is impossible for now and probably won't happen during our lifetime, if ever.
Bitcoin is volatile, manipulated by whales but not to that point. The only thing that could create opportunity for bitcoin would be total economic crisis and fall of Dollar.
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November 11, 2015, 10:00:12 PM
 #15

According to one of the studies done by one American analysts house, Bitcoin has a 50% of disappearing, and 50% of making it. Out of those 50% 0.02% are that Bitcoin will be a backbone of world financial system in the future and in this case 1 bitcoin would be worth $1M.

So yes, I guess we do have a chance. I mean even 0.02% is a chance!
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November 12, 2015, 07:31:44 AM
 #16

According to one of the studies done by one American analysts house, Bitcoin has a 50% of disappearing, and 50% of making it. Out of those 50% 0.02% are that Bitcoin will be a backbone of world financial system in the future and in this case 1 bitcoin would be worth $1M.

So yes, I guess we do have a chance. I mean even 0.02% is a chance!

Can you provide a link to this? I'd be interested inreading the analysis. Numbers seem a bit arbitrary though.

50% chance of making it? It already kind of made it. It is everywhere, used for everything, now only a larger userbase is what we need to grow faster.
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November 12, 2015, 12:39:22 PM
 #17

Reach 1M? if bitcoin start being adopted for just a few percentage of the total population, then, you should add more options to this pool, 1M seems to be pretty low Tongue

Nah but seriously if you was asking about 1 year or so i would tell you that no, i dont think it will reach a huge amount of money ( in fiat ), but 10 years? i really think that it can be something near possible. Bitcoin is growing up good in the last years.
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November 12, 2015, 12:42:34 PM
 #18

i think it's not possible. i don't even think we'll see the price reach $10,000 somewhere within 10 years. it's basically hoping for something that won't happen. it's better to set yourself some more realistic targets in the range of $2000-$3000 in 10 years.
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November 12, 2015, 05:09:13 PM
 #19

Will 1 BTC reach 1M $ comparable value in 10 years?

Yes it can!
When?


If everyone start using it to transfer datas.


Will t happen?

Most likely not, since Bitcoin have lots compilation.


Will Bitcoin and his competitors be worth 18M*1M?


Yes, but maybe not in 10 years time.

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Possum577
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November 12, 2015, 07:18:47 PM
 #20

I don't know about 1M $, but Bitcoin can reach $10k in 10 years IMO. I'm not saying to reach 1M $ in 10 years is absolutely not possible, but it is highly improbable.

Says the guy who's name is  "Bet Wrong"!

Why do you think this is possible? In the last year the price has only gone down! There's not a regular growth of price so something significant and unforeseen would have to happen to get the price that high.

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