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Author Topic: $1 million for 1 bitcoin.Here is how  (Read 1982 times)
talks_cheep
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March 18, 2016, 11:34:55 PM
 #21

You should ask nicely of ISIS to accept bitcoins for oil or whatever goods they have to sell. Even then, it won't raise bitcorn price. Maybe if the Sauds accepted bitcoin, it might boost the price, but not to $1million level.

angaper
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March 18, 2016, 11:36:16 PM
 #22

One million? Of course I would like to be optimistic and wait for such price, but in my opinion there are no realistic elements to see that price ever. Even $10000 seems pretty difficult to reach, and that is why I would be satisfied with $2000 per btc.
GermanFoobla
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March 19, 2016, 12:19:31 AM
 #23

There is no way in hell that we will see 1 Bitcoin reaching value of 1.000.000 USD during our life time.
I would rather assume that bitcoin will fail miserably and reach $1 than $1 million. There is nothing, literally nothing that could happens to push price that high.
Dream on, guys.

Indeed, keep dreaming guys this will never ever will happen its just too much and will never happen anytime in our life time.
Its even the question if the bitcoin will go to the amount of 10k....
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March 19, 2016, 01:57:45 AM
 #24

I got this while posting in some different thread.A lot of guys here speculate and hope bitcoin to reach $1 million.Although I also wish that to happen but I wonder how would it happen,will it happen if Bitcoin become mainstream? I think if some oil producing nation start accepting bitcoins for exporting oil than Bitcoin price can shoot to $1 million..
probably the price will be $1million if there's no more stuff to produce fiat currency. but I'm not sure it will happen because you know, government have system of currency.

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iram66680
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March 19, 2016, 04:57:26 AM
 #25

or when the dollar crashes
Which dollar, all of them? Ruble is worthless so is the Venezuelan currency that I don't care about to search it's name. If you are talking about the American dollar then you will have a long way to wait. If Trump has his way it will rise higher than it has ever been. He has the supporters now as this week's polls have showed.

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March 19, 2016, 08:31:24 AM
 #26

even i do expect that will happen but i don't think any chance bitcoin reach to that prices because many factors that would hinder and i have to says it is impossible to bitcoin reach to $1000.000
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March 19, 2016, 08:36:01 AM
 #27

Bitcoin have much more problems than dollar if we talking like grown ups.
This is not regulated currency and risk of being robbed is very high.
Bitcoin is used more on darknet and have bad karma now.
Bitcoin needs more attentions and more use as money , not like investment.
Now you can see behind dollar, standing half of the world, and majority of them didn't even heard for bitcoin yet!

You can rent this space
Hannu
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March 19, 2016, 08:36:25 AM
 #28

Hey!

Invest? example Oil futures and gold?

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Wapinter (OP)
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March 19, 2016, 10:18:12 AM
 #29

You should ask nicely of ISIS to accept bitcoins for oil or whatever goods they have to sell.
I will if you gift me all your coins
You should ask nicely of ISIS to accept bitcoins for oil or whatever goods they have to sell. Even then, it won't raise bitcorn price. Maybe if the Sauds accepted bitcoin, it might boost the price, but not to $1million level.
Saudis can not go against their masters I.e US government.Remember it was saud king who convince all arab nations to accept USD for oil.Chances of saudis doing same for bitcoin is negligible

JesusHadAegis
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March 19, 2016, 10:41:49 AM
 #30

even i do expect that will happen but i don't think any chance bitcoin reach to that prices because many factors that would hinder and i have to says it is impossible to bitcoin reach to $1000.000

Yap and even it would go that high to comodities in that time would inflate too. And that kind of change is too risky for an online transaction.

But i heard sometime ago btc went to $1000=1 bitcoin?. I think it was back when btc was still in its 3rd or 4th year?
1Referee
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March 19, 2016, 10:46:08 AM
 #31

It's money that we need from institutional investors. But at the end, even they can't get the price to $1,000,000 as they are not stupid enough to make the early adopters filthy rich. They know there are holders with tens of thousands of coins waiting for insanely high price levels to sell at.
r0ach
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March 19, 2016, 01:28:57 PM
 #32

This thread is filled to the brim with noobs and shills.  Paypal market cap is 50 billion, and Bitcoin will easily beat that in the near future.  It's also a much more valuable network than Paypal, hence my "it could easily be 100x from here by the end of 2020-2021.

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MaxTax
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March 19, 2016, 08:17:15 PM
 #33

This thread is filled to the brim with noobs and shills.  Paypal market cap is 50 billion, and Bitcoin will easily beat that in the near future.  It's also a much more valuable network than Paypal, hence my "it could easily be 100x from here by the end of 2020-2021.

That's true. Such a price is just absurd. I don't even expect the price to go over 5k. Let alone over 10k.
1 Million would be a price if everybody would use bitcoin. And we all know that's never going to happen.
pissedoff
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March 19, 2016, 08:26:15 PM
 #34

This thread is filled to the brim with noobs and shills.  Paypal market cap is 50 billion, and Bitcoin will easily beat that in the near future.  It's also a much more valuable network than Paypal, hence my "it could easily be 100x from here by the end of 2020-2021.

That's true. Such a price is just absurd. I don't even expect the price to go over 5k. Let alone over 10k.
1 Million would be a price if everybody would use bitcoin. And we all know that's never going to happen.
Even if everyone uses bitcoin 1 million dollars per coin is too much to expect unless the dollars has crashed in value.
BitAurum
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March 20, 2016, 10:05:59 AM
 #35

This thread is filled to the brim with noobs and shills.  Paypal market cap is 50 billion, and Bitcoin will easily beat that in the near future.  It's also a much more valuable network than Paypal, hence my "it could easily be 100x from here by the end of 2020-2021.
Isn't 2020-2021 too early for bitcoin to overtake Paypal and many of the major payment networks?
European Central Bank
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March 21, 2016, 12:24:46 AM
 #36

Easy. Crash all the exchanges. Open up a new one with one 1 satoshi for sale on it for 1 cent. Sell it to some noob fresh from Ebay. Pop the champagne corks.
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March 21, 2016, 12:26:36 AM
 #37

This thread is filled to the brim with noobs and shills.  Paypal market cap is 50 billion, and Bitcoin will easily beat that in the near future.  It's also a much more valuable network than Paypal, hence my "it could easily be 100x from here by the end of 2020-2021.
Isn't 2020-2021 too early for bitcoin to overtake Paypal and many of the major payment networks?

Found the zionist bankster shill.
nostal02
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March 21, 2016, 05:22:47 AM
 #38

This thread is filled to the brim with noobs and shills.  Paypal market cap is 50 billion, and Bitcoin will easily beat that in the near future.  It's also a much more valuable network than Paypal, hence my "it could easily be 100x from here by the end of 2020-2021.

That's true. Such a price is just absurd. I don't even expect the price to go over 5k. Let alone over 10k.
1 Million would be a price if everybody would use bitcoin. And we all know that's never going to happen.
Even if everyone uses bitcoin 1 million dollars per coin is too much to expect unless the dollars has crashed in value.

It is really to much to expect for 1 bitcoin to raise to 1 million dollars,theres not even a single currency in history that raises to that level.
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March 21, 2016, 06:18:02 AM
 #39

-snip-
It is really to much to expect for 1 bitcoin to raise to 1 million dollars,theres not even a single currency in history that raises to that level.
But bitcoin is going to create the history. Now people are comparing bitcoin to gold on ounce basis, when bitcoin moves into one kilo gram comparison into gold, then we can expect bitcoin prices riding in millions.
This is one simple example stating the chances for bitcoin prices to rise into million. There are lot of other possibilities also like trading in satoshi.

newcoins1978
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March 21, 2016, 09:27:50 AM
 #40

This thread is filled to the brim with noobs and shills.  Paypal market cap is 50 billion, and Bitcoin will easily beat that in the near future.  It's also a much more valuable network than Paypal, hence my "it could easily be 100x from here by the end of 2020-2021.

That's true. Such a price is just absurd. I don't even expect the price to go over 5k. Let alone over 10k.
1 Million would be a price if everybody would use bitcoin. And we all know that's never going to happen.
Even if everyone uses bitcoin 1 million dollars per coin is too much to expect unless the dollars has crashed in value.

It is really to much to expect for 1 bitcoin to raise to 1 million dollars,theres not even a single currency in history that raises to that level.
That will not happen. Because that is really a high worth and that will not happen. It is impossible and that is logic.
You can see that it will rise slowly but you never know what can happen with the value.
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