1 Bitcoin = $1,000,000

[randy8777]

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.

i also don't think we'll see the price touch the $1000 price level any time soon. that's why i said 'if at some point the price goes over $1000 again'.

[Arcteryx]

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.

It is hard to believe it ever will reach that amount per coin. It sounds more like a reach for the stars type conversation. But we all have dreams and goals 
Just don't be the one who has to buy at that time.

[BellaBitBit]

Entirely possible but what is 1,000,000 going to be worth in 20 years with the rate of inflation?  Bitcoin should be 10,000,000 in 20 years to keep up.

[7788bitcoin]

Entirely possible but what is 1,000,000 going to be worth in 20 years with the rate of inflation?  Bitcoin should be 10,000,000 in 20 years to keep up.

I guess the OP meant $1,000,000 today's value.

I totally agree that when the value of bitcoin increases, most likely the value of dollars will be moving in the opposite direction as people are switching to digital currency.

Maybe we should measure value by using other more meaningful units, such as a loaf of 500g bread?

[pereira4]

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.

Indeed, anyone not owning at least 1 BTC by 2016 is doing extremely wrong, specially if this person has been on this forum for a while.
And about 21 trillion dollars for 1 million per coin, I don't think marketcaps are calculated that way. It would actually take less trillions to reach 1 million per coin.

It's perfectly possible to reach 1 million per coin over the next decade or two. Gold has trillions invested, and only some of this migrating into Bitcoin will make the price explode, since the marketcap of today is super tiny.

[RodeoX]

Are you buying? I have never sold a bitcoin, but if that's your price then I would part with one of them.

[thejaytiesto]

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.

Wrong, gold is not used anywhere and it has trillions for marketcap.
We just need some gold users, some assets, some equities, real state, and random holders, then we can go to the moon without necessarly becoming the #1 used currency on the planet. Theres trillions and trillions in debt, if that money went to BTC we can hit 1,000,000 tomorrow.

[KennyR]

Are you buying? I have never sold a uᴉoɔʇᴉq, but if that's your price then I would part with one of them.

Its a good decision to sell if it reaches $1000000 or to the person who has the willing to buy at the quoted price.

[Lokfar]

It is not possible mate, you can now even see around this time that Bitcoin is not even rising now so that is never possible that it will have that high value later.
That you are positive is very good, but you must be also realistic and that value is not realistic.

[Hashminers]

This is just so unrealistic in my eyes, this will never be possible, this is just like a 1april fool because the fact is that the bitcoin do not even proven itself at the moment.
1 million is just not reachable, the 10k is even never reached by far so that is even the question if it ever will reach the 10k and at least the 5k...

[Mr. Big]

$1,000,000 per bitcoin is so impossible...I don't know why have that kind of idea..If it reaches that price, probably we are all not gonna see that, maybe the generation after our children could.. 

[r0ach]

Once the QE money gets into the economy, $1 million will equal $100,000.  Then 20 more years will be good for another 10x or more increase in money supply, so by then, $1 millioin will equal $10,000 of today's cash.  Maybe original poster low-balled.

[arbitrage]

I don't know why people expecting such numbers? This is impossible.
Also this is very wrong picture presented,  and as such can make people lose their money. And everybody here are responsible. For this price somebody must give $1,000,000 for bitcoin. Who will be that guy?

[1Referee]

Once the QE money gets into the economy, $1 million will equal $100,000.  Then 20 more years will be good for another 10x or more increase in money supply, so by then, $1 millioin will equal $10,000 of today's cash.  Maybe original poster low-balled.

Have you been sleeping well lately?

Indeed, fiat currencies will only lose value as we burn through the years, but not as dramatically as you claim. But then again, that will reflect in Bitcoin gaining even more value compared to the USD. Especially when Bitcoin gets its own value.

[arbitrage]

Indeed, fiat currencies will only lose value as we burn through the years, but not as dramatically as you claim. But then again, that will reflect in Bitcoin gaining even more value compared to the USD. Especially when Bitcoin gets its own value.

Please explain what is current value of bitcoin and how we can measure it in the future? I'm not convinced bitcoin can do such miracles as you are saying..If dollar goes down electricity will go up and miners will be in danger, so will be and bitcoin.

[romjpn]

I don't know why people expecting such numbers? This is impossible.
Also this is very wrong picture presented,  and as such can make people lose their money. And everybody here are responsible. For this price somebody must give $1,000,000 for bitcoin. Who will be that guy?

Or 1k USD for 0.001 BTC. What if we deal mainly with satoshis in the future ?    
Just a bit provocative though. I estimate that 1 BTC = 10K USD present value in 5 to 10 years would be good though to support a nice growth and a good amount of FIAT flowing in.

[Fidemoga]

I don't know why people expecting such numbers? This is impossible.
Also this is very wrong picture presented,  and as such can make people lose their money. And everybody here are responsible. For this price somebody must give $1,000,000 for bitcoin. Who will be that guy?

Or 1k USD for 0.001 BTC. What if we deal mainly with satoshis in the future ?    
Just a bit provocative though. I estimate that 1 BTC = 10K USD present value in 5 to 10 years would be good though to support a nice growth and a good amount of FIAT flowing in.

I also think the bitcoin price will be $10k in 5 to 10 years. But it still depends on the number of transactions.

[Antesth]

I do not see this happen at all, its just unrealistic and not possible at all in my eyes.

[BrockHunter]

People hope that this is going to happen in the future that is way they never sell anything now. It is a gamble because you do not know what is going to happen with Bitcoin in the future.

[talkbitcoin]

People hope that this is going to happen in the future that is way they never sell anything now. It is a gamble because you do not know what is going to happen with Bitcoin in the future.

nah, it is an investment not a gamble there is a huge difference between these two.
it is not like gambling because you can study the market and do some analysis then make a decision based on your speculation then invest and it wouldn't be like waking up one morning seeing price is 0