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Author Topic: 1 Bitcoin = $1,000,000  (Read 9320 times)
ijphlrnxewho (OP)
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March 31, 2016, 03:08:21 AM
 #1

1 Bitcoin = $1,000,000 USD
21 Million Bitcoins = $21,000,000,000,000 ($21 Trillion USD)
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March 31, 2016, 03:11:06 AM
 #2

That would be nice right ? But not happening soon Grin.

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March 31, 2016, 03:11:45 AM
 #3

Each person own 1 Bitcoin and hold on to it for 20+ years.

Bitcoin is the best investment of all time. Owning Bitcoin is better than owning a house.
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March 31, 2016, 03:16:12 AM
 #4

I hope bitcoin up to $1000.000 lol
But its possibility

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March 31, 2016, 03:17:17 AM
 #5

Your looking long into the future, lol! But it can realistically happen though.
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March 31, 2016, 03:19:55 AM
 #6

1 Bitcoin = $1,000,000 USD
21 Million Bitcoins = $21,000,000,000,000 ($21 Trillion USD)


When will it happen?..  Roll Eyes
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March 31, 2016, 03:23:46 AM
 #7

Each person own 1 Bitcoin and hold on to it for 20+ years.

Bitcoin is the best investment of all time. Owning Bitcoin is better than owning a house.

I don't saying it won't happen in future but i don't think it will happen in 20 years. And if some hold bitcoin by selling their house.Their is risk bitcoin value can decrease to zero.But if i won a house it don't have any chance to zero.

Bitcoin will make you rich or make you bust in 50 years.
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March 31, 2016, 03:29:26 AM
 #8

I hope this happens in my lifetime, but we shouldn't get our hopes up.  I think we could see a bitcoin worth $1000 or more within a few years.
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March 31, 2016, 03:42:42 AM
 #9

20 years im gonna be a food for worms for sure during the year
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March 31, 2016, 04:02:10 AM
 #10

1 Bitcoin = $1,000,000 USD
21 Million Bitcoins = $21,000,000,000,000 ($21 Trillion USD)


Is it possible, even after mining complete BTC (21 Million Bitcoins)?
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March 31, 2016, 04:06:06 AM
 #11

1 Bitcoin = $1,000,000 USD
21 Million Bitcoins = $21,000,000,000,000 ($21 Trillion USD)


When will it happen?..  Roll Eyes
he says after 20+ years and if you want to be a millionaire you must hold your bitcoin until that years but i personally very doubt bitcoin will reach to that price
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March 31, 2016, 04:13:15 AM
 #12

Mate I would very much like that but this is just wishful thinking. I would even be happy with Bitcoin valued at $10 000 in 20 years. However I would prefer to have a house at this very moment rather than hold speculative store of value and hope for its price to rise to the Moon.

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March 31, 2016, 04:14:03 AM
 #13

Each person own 1 Bitcoin and hold on to it for 20+ years.

Bitcoin is the best investment of all time. Owning Bitcoin is better than owning a house.

I don't saying it won't happen in future but i don't think it will happen in 20 years. And if some hold bitcoin by selling their house.Their is risk bitcoin value can decrease to zero.But if i won a house it don't have any chance to zero.

Bitcoin will make you rich or make you bust in 50 years.
no one know what will happen in future, bitcoin will be rising or not . but almost every investment must have risk. just make sure you invest money that you afford to lose.

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March 31, 2016, 04:31:37 AM
 #14

1 Bitcoin = $1,000,000 USD
21 Million Bitcoins = $21,000,000,000,000 ($21 Trillion USD)


When will it happen?..  Roll Eyes

the saddest part is, those kind of prices will only be in our wildest of dreams  Grin Grin if that is the case i would be a bitcoin billionaire and most likely we would see some trillionaire's surpassing bill gates total wealth  Grin Grin Grin
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March 31, 2016, 04:38:11 AM
 #15

1 Bitcoin = $1,000,000 USD
21 Million Bitcoins = $21,000,000,000,000 ($21 Trillion USD)


Great to dream on! But this is not going happen soon..With more and more countries making it illegal and taxing on the transaction, is actually making it more mainstream, which bitcoin is not supposed to be.

However, the more people will be interested in bitcoin, the more investment will flow in to the system and make it a more powerful currency. Hope for the best.

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March 31, 2016, 05:18:44 AM
 #16

Mate I would very much like that but this is just wishful thinking. I would even be happy with Bitcoin valued at $10 000 in 20 years. However I would prefer to have a house at this very moment rather than hold speculative store of value and hope for its price to rise to the Moon.

My sentiments exactly. This is not even something I would think twice about, I'd take the house over Bitcoin any day.


Each person own 1 Bitcoin and hold on to it for 20+ years.


This one is a good suggestion, if you can buy a couple of Bitcoins without it causing a dent in your budget, you probably should give it a shot. Just get 1 or 2 Bitcoins, store them safely offline and forget about them, it'll be interesting to see how much they're worth in 20 years time.
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March 31, 2016, 05:59:57 AM
 #17

At the rate that fiat currencies are losing their value, we might see a Zimbabwe scenario playing out soon, and a $ 1 000 000 per Bitcoin would be nothing strange. Let's say this does not happen and the fiat currencies keep their value, how many people will be willing to pay that amount of money or better yet, who would not have sold when the price reached $10 000 or $100 000 per Bitcoin. In the end, most Bitcoins will end up in the pockets of the super rich as a collectors item and a token to present their wealth. ^sad^

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March 31, 2016, 06:06:55 AM
 #18

1,000,000 in 20 years is not that special if you factor in an inflation combined with natural growth.

Look at what house prices did in the last 50 years.. went from tens of thousand to hundreds of thousands. More people on the planet, less new houses being build than needed --> boom. Same will likely happen if people will want to hold more bitcoin than currently or more users want to hold it.
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March 31, 2016, 06:12:37 AM
 #19

I hope that that would be the price of bitcoin today but unfortunately i do not think that that price can even be suggested. Unless the price of bitcoin becomes inflated and all currencies became inflated we can not even dream of such a thing happening.

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March 31, 2016, 06:22:55 AM
 #20

At the rate that fiat currencies are losing their value, we might see a Zimbabwe scenario playing out soon, and a $ 1 000 000 per Bitcoin would be nothing strange. Let's say this does not happen and the fiat currencies keep their value, how many people will be willing to pay that amount of money or better yet, who would not have sold when the price reached $10 000 or $100 000 per Bitcoin. In the end, most Bitcoins will end up in the pockets of the super rich as a collectors item and a token to present their wealth. ^sad^
Welll putting it in that scenario, then it does make it plausible.
A country's economy can change for the worst in what is no time at all now a days. Just take Iceland for instance. Going bankrupt because it relied on fiat as it's currency is not a stable thing regardless of which country's government backs it. Having a crypto currency takes this ill nature away because it is free from regulation of any governing body or country for that fact.

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