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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 3977 times)
Denker
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April 15, 2016, 10:49:32 AM
 #61

Are we speaking about hyperinflation?
If yes then $1million can be reached extremely fast.
Under "normal" circumstances a coin worth $1million will not happen in ten years of time.I can not see that happen.
DashCoinDark
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April 15, 2016, 01:31:21 PM
 #62

Say what you think!
Yes I honestly believe that bitcoin will be $1m in coming years although that will happen in next ten years seems not possible.Maybe in next 25 years or so
It is hard to reach that value as you can see now you see already also that the value is now stable and it is not even rising now so that is quite bad for the people.
And you need also some more coins to make profit with Bitcoin.
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April 16, 2016, 08:28:15 PM
 #63

No, yes only whan situation from 1929 will repeat.In one night sutcase of Deutche Mark was worth packet of matches
so maybe in 13 years,after next ten WW2 begin

 
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KennyR
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April 17, 2016, 12:00:18 AM
 #64

Are we speaking about hyperinflation?
If yes then $1million can be reached extremely fast.
Under "normal" circumstances a coin worth $1million will not happen in ten years of time.I can not see that happen.

Exactly if some form of growth happens in the supersonic speed the price might reach $1m. At the same time if their is small flaw on the growth the increase will drastically fall.

Cyaren
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April 17, 2016, 12:13:01 AM
 #65

There is around $75 trillion in terms of M3 currency supply on the planet. Perhaps an underestimation, even. If bitcoin becomes the dominant currency on Earth, then it is possible for the price of one single BTC to go up to 75,000,000,000,000(currency supply)/21,000,000(bitcoin supply) = around $3571428 per bitcoin. So $1M is definitely possible.
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April 17, 2016, 04:40:35 AM
 #66

I can  say that it's quite clear that it will never happen unless Bitcoin rules the world but no. Government won't let that happen. Besides, as long as we still have to convert bitcoin to usd to know its value it won't reach that high
ultimatesky
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April 18, 2016, 08:10:53 AM
 #67

No I do not think that this is going to happen with in 10 years it is just to soon for something that big to happen. But this is what most Bitoin users are hoping for, but they will have to wait longer then 10 years I think. 
1Referee
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April 18, 2016, 08:25:04 AM
 #68

It will probably never happen, If we reach $10000 I would be already very happy

I will be very happy if we even reach $1000 again before the end of 2017. First $1000, then look at $2000, then look at $3000, etc. And not $450, and then look at $10,000 or even $1,000,000......
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April 18, 2016, 08:38:36 AM
 #69

Say what you think!

i think the highest rate for 1 bitcoin in future is arround $10.000 no more. maybe we can reach $1000 in2017 , then $2000 in 2018 Smiley
AsaroUk
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April 18, 2016, 08:40:57 AM
 #70

Are we speaking about hyperinflation?
If yes then $1million can be reached extremely fast.
Under "normal" circumstances a coin worth $1million will not happen in ten years of time.I can not see that happen.

Exactly if some form of growth happens in the supersonic speed the price might reach $1m. At the same time if their is small flaw on the growth the increase will drastically fall.
It cant never reach the 1million you see already know that the value keeps stable and that Bitcoin is not even rising and many people are telling that the value will be also not high after the halving.
We have to be realistic and dont dream because it is impossible it can only reach the $10000 I think or even lower.
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April 18, 2016, 08:44:47 AM
 #71

Say what you think!

i think the highest rate for 1 bitcoin in future is arround $10.000 no more. maybe we can reach $1000 in2017 , then $2000 in 2018 Smiley

That's what I think too, price wouldn't cross the $10,000..With the current movement in price, when the price rise, there will be a pull and the price would drop again and start to crawl again little by little..probably some investors have enough of bitcoins already and after 10 years, if there are still news that could ruin the reputation of bitcoin, I'm afraid that it will always pull bitcoin to the ground..
Hashminers
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April 20, 2016, 01:59:50 PM
 #72

I think that it is not going to happen with in 10 years it just is way to soon. I am not saying that it is impossible but I do believe that the chance is very small.
We are so far away from the 1 million, we are still with in the hundreds so we will have to get out of that first.
Blackmet
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April 20, 2016, 11:55:31 PM
 #73

In ten years can happen anything and dollar can become a worthless currency, that bitcoin can be even 10M$. But i think bitcoin will stop rising on 1k$.

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June 22, 2016, 02:25:58 PM
 #74

Say what you think!
I do not know what to expect from the Bitcoin over 10 years but I know that the price is not going to be 1 million.
The chance of that happening is pretty small but I do believe that there is small chance of it happening.
janggernaut
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June 22, 2016, 02:34:09 PM
 #75

For OP, im not sure if btc will reach $1M, i think btc price can reach $100k max, thats why im choose option 4. btc price very unpredictable, sometimes it decreased (too many people sold btc (supply > demand), sometimes it increased (too many people buying btc (demand > supply)
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June 22, 2016, 03:19:20 PM
 #76

No I do not think that this is going to happen with in 10 years it is just to soon for something that big to happen. But this is what most Bitoin users are hoping for, but they will have to wait longer then 10 years I think. 
I also do not believe that the Bitcoin price is going to be one million is ten years I do not even believe that it is ever going to happen. There are so many people that at least have one Bitcoin, do you know how much money there is going to be made if the price was one million per Bitcoin.
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June 22, 2016, 06:26:23 PM
 #77

No. I think that's impossible. That would make it over twice as valuable as gold. A change like that doesn't happen in 10 or 100 years. That would mean governments and central banks would have to be buying it which i don't think is ever gonna happen.

$10,000 is very possible. That's still only a fraction of gold. $100,000 is starting to look like a major, major stretch. $1 million is dreamland but don't be sad about it.
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June 23, 2016, 07:20:40 AM
 #78

No. Because i think bitcoin needs more time. It's will take a very long time to reach that because we can see that even now the price is hard to reach $1k per piece so that $1M per piece will needs a lot of time at least 100 years i think (lol). It's just my opinion.
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July 03, 2016, 07:44:57 AM
 #79

It's impossible bitcoin would reach 1M $ value within 10 years. 1M $ is a big value and 10 years is a short time for currency to have big improvement.
Also, In future there might be another better cryptocurrency than bitcoin.
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July 03, 2016, 08:56:52 AM
 #80

It is impossible because nowadays there are more altcoin, so people have choices for their e-currencies not only Bitcoin
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