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Author Topic: 1 Bitcoin = $1,000,000  (Read 9327 times)
ivanst776
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March 31, 2016, 06:35:26 AM
 #21

this is just like a Dream. I wish it happen one day. but it will not happen so soon.. it almost take 20 to 30 years. 1 bitcoin equal to 1 million US Dollar is not play of child. developers have to lots of work, bitcoin must be used in whole world by every single person. then may be the price go up.
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March 31, 2016, 06:37:48 AM
 #22

the fuked up part is ,when a bitcoin hits  1 million,  an sandwich  will cost 500 bucks
BitcoinSupremo
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March 31, 2016, 06:41:35 AM
 #23

I will be happy if bitcoin reaches 100.000 USD in next 5-10 years, I don't think it will happen but in 2014 there were a lot of news that bitcoin can go to 10.000 or even 100.000 USD in next 5-10 years. So far it hasn't proved to be true unfortunately for us all.
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March 31, 2016, 07:25:48 AM
 #24

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.
do you think owning bitcoin is better than sleep on street? Grin
i just wondering how you can really sure that bitcoin will succes and have $1000 price in more than 20 years?tell me something.
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March 31, 2016, 07:35:26 AM
 #25

Even when they are worth that amount still people need to be willing to pay for that. I can't believe they will worth that amount no one pay such high amount for one Bitcoin.
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March 31, 2016, 07:46:47 AM
 #26

I will be happy if bitcoin reaches 100.000 USD in next 5-10 years, I don't think it will happen but in 2014 there were a lot of news that bitcoin can go to 10.000 or even 100.000 USD in next 5-10 years. So far it hasn't proved to be true unfortunately for us all.

I am already happy if we can maintain a price higher than $1000 for plenty of years. That's what I am waiting for. Something unrealistic as $1,000,000 is not even considered by me.
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March 31, 2016, 07:55:17 AM
 #27

$1,000,000 is just a dream, a dream that is not going to come true. bitcoin is never going to be adopted by "everybody" so i think the maximum price that can be achieved is somewhere around 5000 USD per coin which need a lot of adoption and new investment for that to happen.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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March 31, 2016, 07:58:00 AM
 #28

It maybe wont happen soon, but im fine with 1 percent of that valuation by now

hilariousandco
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March 31, 2016, 07:58:13 AM
 #29

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.

But the opposite is also true. It could be the worst investment of all time and worth zero in twenty years. Nothing is guranteed and btc is just as risky as investing in a new tech start up or whatever. The potential for huge gains is certainly there but I wouldn't stake/bet your entire life savings on it.

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March 31, 2016, 08:23:32 AM
 #30

gold marketcap is 7T you are telling me that we can do this 3x? very optimistic scenario, i don't want to say that it will never happen, hell even a collision will happen one day, if we have infinite time

but i doubt there is something that can match and surpass gold marketcap
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March 31, 2016, 08:26:23 AM
 #31

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.

depends what house you buy and how many time you think could reach this value (more than 2000 times actual value!)
An increase so high it's more similar to a bubble...an exponential growth like this I think is impossible...
But I am hoping this Cheesy obviously I hope this because with an amount of this size I can fix problem for whole family Cheesy and friends Tongue

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Dr.Osh
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March 31, 2016, 08:34:24 AM
 #32

It maybe wont happen soon, but im fine with 1 percent of that valuation by now
1 bitcoin to $ 1 million I think it will not happen in the near future, as I thought, it would probably require a very long time so that bitcoin prices could reach 1 million

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poptok1
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March 31, 2016, 08:37:26 AM
 #33

I see that we have a lot of dreamers around.  Roll Eyes
It is not a bad thing of course, but when the reality hits it may hurt a bit.
Such a huge value is simply impossible in the near future.
A close to a century of computing science gave us BTC and i think another 100 years
is needed for it to establish some real/meaning user base.
I wish to be mistaken, and wake up tomorrow a millionaire but the possibility
its purely theoretical.  

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March 31, 2016, 10:56:05 AM
 #34

If bitcoin ever becomes so much mainstream that number wouldn't be awkward the same way Zimbabwean Dollars are being used in it's country and it's in millions, Not exactly the same but you know what I'm getting at Cheesy , Bitcoin is something that has potential to change the economical world as a whole.
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March 31, 2016, 11:09:42 AM
 #35

i have never liked these types of speculation, they look like wishes more than speculation based on facts. and i don't see any valid reason why bitcoin can grow that much here.

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March 31, 2016, 11:15:37 AM
 #36

It won't reach that amount if you ask me , even for long term .
But even if happens , 1 million dollar of now and then will definitely won't be the same , It will be like 10k $ of now or something , and I don't even think there is people who could be patient seeing bitcoin price rising for 20 years without selling them.

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March 31, 2016, 11:33:52 AM
 #37

i have never liked these types of speculation, they look like wishes more than speculation based on facts. and i don't see any valid reason why bitcoin can grow that much here.

i completely agree with you. i really don't know why people keep thinking about prices higher than $10,000 while we haven't even managed to break through $600 or even $1000 again. there is really no point in doing that. if at some point the price goes over $1000 again, then i can kinda understand that people start to fantasize about bitcoin reaching $2000 and higher. but so far we are faaaaar away from reaching the $1000 price level.
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March 31, 2016, 01:04:07 PM
 #38

i have never liked these types of speculation, they look like wishes more than speculation based on facts. and i don't see any valid reason why bitcoin can grow that much here.

i completely agree with you. i really don't know why people keep thinking about prices higher than $10,000 while we haven't even managed to break through $600 or even $1000 again. there is really no point in doing that. if at some point the price goes over $1000 again, then i can kinda understand that people start to fantasize about bitcoin reaching $2000 and higher. but so far we are faaaaar away from reaching the $1000 price level.

I don't think it can reach to $1k easily as we are waiting since long time to reach to $500 mark so even $1k seems bot be impossible for me.
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March 31, 2016, 01:13:13 PM
 #39

What is the point of this thread? What is the question?
Is it possible for 1BTC to be valued 1MIL $? Well, almost everything is possible in our universe...
Is it likely? Hell no! 21 T $ is a serious ammount of money, if they were to be distributed equally, every person on earth should hold about 3000$ in bitcoins... does it seem likely to you?
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March 31, 2016, 01:27:26 PM
 #40

I think that even if that happens, the figures are deceptive. If 1 Bitcoin ends un having a value of 1 million dollars, it would not be like 1 million dollar now. If BTC has that value, dollars will have a much lower value...

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