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Author Topic: 1 Bitcoin = $1,000,000  (Read 9266 times)
angaper
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July 21, 2016, 12:00:46 AM
 #221

Of course the bitcoin never will achieve that price because the multiple factors required to see that drastic increase looks almost impossible to be achieved. I have read some interesting analysis that predict that the highest achievable price is around $1300, and any other price above that level would be mere speculation, an unsustainable pump.
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July 21, 2016, 12:15:20 AM
 #222

Great prediction, you can now build an app lol
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July 21, 2016, 05:26:57 AM
 #223

nice iam very happy is one bitcoin prince 1 milion dollar
but you must ready if you fee send bitcoin miniumum 10k satoshi , equal you fee send one thousand dollar $1000
youre ready freind is every send bitcoin your lost money minimum one thousand dollar i can only smile
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July 21, 2016, 06:02:35 AM
 #224

Anybody knows when this will happen? when 1 Bitcoin will make us Millionaire, in fact nobody has the answer, it is just like to keep dreaming with open eyes, maybe in the next Century our grand child will see that price.
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July 21, 2016, 06:05:18 AM
 #225

ah yes the dream, that would be a nice day indeed

For what shall it profit a man, if he shall gain the world, and lose his own soul?
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July 21, 2016, 08:17:41 AM
 #226

Anybody knows when this will happen? when 1 Bitcoin will make us Millionaire, in fact nobody has the answer, it is just like to keep dreaming with open eyes, maybe in the next Century our grand child will see that price.

I think  if after a century it reached that price, then we will be talking about satoshis when dealing with someone or when buying and selling... Imagine $1dollars will almost be equal to 1 satoshi  if it happens to pass 1 million dollar per bitcoin..  Cheesy .
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July 21, 2016, 08:22:49 AM
 #227

not gonna happen. it will possibly happened when all banks all over the world will be bankrupt because of war. and the only currency left is bitcoin.
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July 24, 2016, 04:05:20 PM
 #228

not gonna happen. it will possibly happened when all banks all over the world will be bankrupt because of war. and the only currency left is bitcoin.

I think that will happen in 30 to 50 years. If the dollar devalues faster, it will take much short period to get that.
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July 24, 2016, 04:11:14 PM
 #229

Great prediction, you can now build an app lol
what app? i think it is really possible that the price of the bitcoin is going to go up pretty soon, in my opinion we will be able to make such price to something like 30 years

 
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July 25, 2016, 06:40:40 AM
 #230

Great prediction, you can now build an app lol
what app? i think it is really possible that the price of the bitcoin is going to go up pretty soon, in my opinion we will be able to make such price to something like 30 years
It is never going to happen in 30 year, really it is only a day dream. May be the next generation people experience this price value.
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July 28, 2016, 08:42:41 AM
 #231

Great prediction, you can now build an app lol
what app? i think it is really possible that the price of the bitcoin is going to go up pretty soon, in my opinion we will be able to make such price to something like 30 years
It is never going to happen in 30 year, really it is only a day dream. May be the next generation people experience this price value.

When 1% of the world population use the bitcoin actively and have one transaction per day, the price will be over $1million.
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July 28, 2016, 09:24:58 AM
 #232

ah yes the dream, that would be a nice day indeed
i cannot agree with you to be honest, in my opinion it is really possible that the price is going to grow to a one million dollar price in like a decade

 
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ImHash
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July 28, 2016, 09:36:55 AM
 #233

If you want to sit back in hopes of those prices then  you probably never see them.
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July 28, 2016, 09:54:33 AM
Last edit: July 28, 2016, 10:10:17 AM by w00t
 #234

You guys are unbelievable - "it's impossible", "maybe our grandchildren will see 1 Million per BTC" what a bunch of cry babies and ignorants:

  • Every single week I hear news that we are moving towards the cashless society. As far as I know the closest thing to cash is not gold or silver it's BTC for it's perfect divisibility and ease of transportation.
  • With negative interests already in place in more and more countries the only way how to escape this extra tax in place is through cash, cash is about to be banned - see point #1
  • USD M0 supply (M0 = bank notes and coins) is about 4 trillion USD, 1 million BTC is lost (or at least will never be traded) -> 4 trillion/20million and there you go 200k USD per 1 BTC is now easy. This is USD only, imagine if they go "cashless" in EU or some another country, you're easily at 500k USD per 1 BTC.
  • A lot people is storing value in gold, valuing it close to 8 Trillion USD total as of today, simply because they don't know any better or are "scared" of anything else. Do your own calculation but speculating half of it will go to BTC there is another 4 Trillion market cap for you (+200k USD per 1BTC value). Once the ice will start moving and we go "cashless" gold can be easily pumped to 20 Trillion before they realize that they bet on the wrong horse.

Feel free to say I'm wrong, but say why I'm wrong. If you say "it's not possible" without giving a reason you look silly to say the least.

Edit: To make my prediction complete - I expect all this happen before year 2030 (going cashless). Therefore predicting 1BTC to be worth 1 Million USD (in today's prices) in next 14 years or less.

Sources:
http://www.tradingeconomics.com/united-states/money-supply-m0
http://onlygold.com/Info/All-The-Gold-In-The-World.asp

First PC game is using Bitcoin as the currency: Fallout 2
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July 28, 2016, 11:41:28 AM
 #235

If you want to sit back in hopes of those prices then  you probably never see them.
or they will just come when bitcoins will be replacing the currencies other countries have right now and i think it will be definitely possible we just need patience

 
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July 28, 2016, 06:00:57 PM
 #236

If you want to sit back in hopes of those prices then  you probably never see them.
or they will just come when bitcoins will be replacing the currencies other countries have right now and i think it will be definitely possible we just need patience

Maybe not so distant of a prospect as you might imagine.  Some would put it at late September...


http://investmentwatchblog.com/how-deutsche-banks-35trillion-of-trades-puts-europe-in-peril-warnings-that-failure-could-bring-global-system-crashing-down/

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July 28, 2016, 06:12:50 PM
 #237

If you want to sit back in hopes of those prices then  you probably never see them.
or they will just come when bitcoins will be replacing the currencies other countries have right now and i think it will be definitely possible we just need patience
Well i think we dont know what will happen in the future because the price of bitcoin is unpredictable it can be happen in the future but in other currency i think INR or indian currency or yen japan currency..
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July 28, 2016, 06:53:39 PM
 #238

ah yes the dream, that would be a nice day indeed
of course that would be a really great thing and i think that then a lot of people from the whole world would be using it

such growth would allow me to make some good money, in my opinion it will be really possible in a few years because bitcoin will change the world

 
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July 28, 2016, 08:38:33 PM
 #239

just kidding and nothing else. how can it be possible that bitcoin will reach to such a high value. and how will people be able to buy it. if the price is getting high from the reach of the people then how will they buy it? i think in 2020 it will hardly reach to 2500 USD.
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July 28, 2016, 10:32:17 PM
 #240

just kidding and nothing else. how can it be possible that bitcoin will reach to such a high value. and how will people be able to buy it. if the price is getting high from the reach of the people then how will they buy it? i think in 2020 it will hardly reach to 2500 USD.

How can people afford a kilo of gold? (42 720 USD per kilo as of now) Or how about a ton of gold? Same logic, people will not buy a kilogram (1 BTC) but they will buy a 1 mBTC (1000 USD if 1 whole BTC is 1 million USD) which is like buying 1 gram of gold, same proportions.

First PC game is using Bitcoin as the currency: Fallout 2
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