How 1BTC can eventually be worth $11M

[virtualdn]

15 million coins in circulation is a very low volume. if you hold at least 1 BTC you may have a nice surprise sooner or later.

I predict any value between $5,000 and $50,000 in the following 3-10 years.

[Blue_Panda73]

15 million coins in circulation is a very low volume. if you hold at least 1 BTC you may have a nice surprise sooner or later.

I predict any value between $5,000 and $50,000 in the following 3-10 years.

I think the prediction is quite possible. It also depends if bitcoin can survive the next few crisis like the one we just experienced.

[romero121]

15 million coins in circulation is a very low volume. if you hold at least 1 BTC you may have a nice surprise sooner or later.

I predict any value between $5,000 and $50,000 in the following 3-10 years.

I think the prediction is quite possible. It also depends if bitcoin can survive the next few crisis like the one we just experienced.

I don't think that it will happen because 11M$ which is very very high when we consider the current value which is just 380$

[newcoins1978]

15 million coins in circulation is a very low volume. if you hold at least 1 BTC you may have a nice surprise sooner or later.

I predict any value between $5,000 and $50,000 in the following 3-10 years.

I think the prediction is quite possible. It also depends if bitcoin can survive the next few crisis like the one we just experienced.

I don't think that it will happen because 11M$ which is very very high when we consider the current value which is just 380$

All of this would need time. Bitcoin needs time to grow.
I think it's too soon to actually speculate on this since not all the coins are mined yet.
Even though I do believe bitcoin has the potential to grow like that, we won't be here to witness this.

[Altynbekova]

15 million coins in circulation is a very low volume. if you hold at least 1 BTC you may have a nice surprise sooner or later.

I predict any value between $5,000 and $50,000 in the following 3-10 years.

I think the prediction is quite possible. It also depends if bitcoin can survive the next few crisis like the one we just experienced.

I don't think that it will happen because 11M$ which is very very high when we consider the current value which is just 380$

That might be true, but it would be nice to have a 11M dollar for just one bitcoin. I think a lot of people will be rich, but the problem is that when the price is that high what will happen after. THe highet where we can go is maybe 2000 dollars.

[romero121]

15 million coins in circulation is a very low volume. if you hold at least 1 BTC you may have a nice surprise sooner or later.

I predict any value between $5,000 and $50,000 in the following 3-10 years.

I think the prediction is quite possible. It also depends if bitcoin can survive the next few crisis like the one we just experienced.

I don't think that it will happen because 11M$ which is very very high when we consider the current value which is just 380$

All of this would need time. Bitcoin needs time to grow.
I think it's too soon to actually speculate on this since not all the coins are mined yet.
Even though I do believe bitcoin has the potential to grow like that, we won't be here to witness this.

As you said there are possibilities but we can't witness it taking place. It may take generations

[Premium Account Reseller]

Keep dreaming mate. That will never happen, unless all banks around close or start accepting bitcoin, which means high prices.

[Blue_Panda73]

Keep dreaming mate. That will never happen, unless all banks around close or start accepting bitcoin, which means high prices.

If a bank in a remote or small country decides to do bitcoin related business, even in small scale, that will be a big boost to bitcoin.

[Supercrypt]

15 million coins in circulation is a very low volume. if you hold at least 1 BTC you may have a nice surprise sooner or later.

I predict any value between $5,000 and $50,000 in the following 3-10 years.

I think the prediction is quite possible. It also depends if bitcoin can survive the next few crisis like the one we just experienced.

I don't think that it will happen because 11M$ which is very very high when we consider the current value which is just 380$

All of this would need time. Bitcoin needs time to grow.
I think it's too soon to actually speculate on this since not all the coins are mined yet.
Even though I do believe bitcoin has the potential to grow like that, we won't be here to witness this.

It will require a long period to be global also will have to cross some crises, will defeat some competitors. But still it will not get that much value, as it is not much harder to get that value. Some estimates do not fulfill in real because sometimes we estimate impossibility.

[Amph]

Keep dreaming mate. That will never happen, unless all banks around close or start accepting bitcoin, which means high prices.

you don't need bank to reach crazy value, you need average joe usage, thos epeople need to adopt bitcoin and use it massively and for every day thing, like they do with fiat right now

this can be achieved only when their wage will be payed directly in bitcoin, that i think will be the killer app for bitcoin

[spirikitik]

Let your computer do it

[Betwrong]

15 million coins in circulation is a very low volume. if you hold at least 1 BTC you may have a nice surprise sooner or later.

I predict any value between $5,000 and $50,000 in the following 3-10 years.

I like your optimistic calculations and I like OP's even more. Indeed if all the money in the world will be replaced by Bitcoin we'll have $241 trillion / 21 million =   $11 476 190 per Bitcoin. I think this or something similar might happen in the future, but this future most likely is more than a hundred years ahead. What awaits us in the near future, in the following 5-10 years, is $10k per Bitcoin which is also not bad at all. So I guess it's time to buy. )

[Decoded]

Of course it can eventually be worth 11 million, but think about it- 11M/21M. Are you saying each bitcoin will be worth more than 500 thousand dollars? And a satoshi would be worth a cent? Then what if the global economy goes up, there'll be no more bitcoins to support the rise, unless you want a satoshi to be 2 cents 

[dime2spend]

I fail to see why the price of BTC should climb this high. Just because everyone holding a few BTC hopes that this is going to happen won't make it happen. So far BTC is still a niche currency and its acceptance is not as wide spread as it should be. It's still much easier to buy something with a credit card than with BTC. The Blockchain is a great idea and I'm pretty sure that this concept will find its way into the banking world but I really doubt that they will buy into BTC. Instead they are just going to create their own blockchain adjusted to their needs.

That doesn't mean that BTC will become obsolete but I really doubt that it will become a currency for the masses. Instead to wait for a price increase BTC should be better promoted as the one thing it was initially meant to be a currency for the internet.

[Zaragota95]

I think that is a little bit of an over-estimation. BTC does have great potential for rise but to actually reach that value for each meaning it's total value would exceed the total capital of most of the world, It can reach possibly big values.

[Blue_Panda73]

Of course it can eventually be worth 11 million, but think about it- 11M/21M. Are you saying each bitcoin will be worth more than 500 thousand dollars? And a satoshi would be worth a cent? Then what if the global economy goes up, there'll be no more bitcoins to support the rise, unless you want a satoshi to be 2 cents 

We can divide 1 satoshi to be 1000 million satoshi. So it can be used again for smaller transactions.

[gkv9]

I think that is a little bit of an over-estimation. BTC does have great potential for rise but to actually reach that value for each meaning it's total value would exceed the total capital of most of the world, It can reach possibly big values.

That's true, BTC might have such potential, but to reach to that level, I guess we will need to wait unless we become grandfathers and even we might die before we see such prices for 1 BTC...

But yes, we will definitely see 1 BTC to reach $10k very soon, no matter what but this will happen for sure...

[mtnsaa]

Anything can happen really but I'm not sure $11M is very feasible even if the demand is high. However, to the people who says Bitcoin can't have such values, well, to many $400-500 is already completely unbelievable really. We are used to it, but if 1 BTC have those sort of prices then it's completely natural that if its more demanded we could prices in the 1-10k region just like it's natural to see it at $100-1000 right now or in previous years.

[virtualdn]

I don't think it will worth this much. But values like $10,000 or $50,000 are reachable. So it all depends on how popular will be in the end.

[zeaderza]

I wait for a big price like 100.000 usd per bitcoin to sell my bitcoins made from faucets
Use faucets if you want to have in future a good life.