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Bitcoin Forum > Economy > Economics > Speculation > 1 BTC = 100.000 to 1 million is a possibility in 2035
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Dr.Osh
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October 06, 2016, 01:48:00 PM
 #161
Quote from: Oilacris on October 05, 2016, 12:19:43 PM
Its impossible  for bitcoin to  reach $1m price  and it would really need  huge adoption  on bitcoin  in able to reach that price. It seems to unrealistic to consider this  price  though.
Well, I also do not believe in it. although bitcoin prices will be high, but I felt that there would be limits on the price. I think that price becomes the price that is really expensive and can make a person who holds bitcoin when it became rich. I am not sure about this, but nothing is impossible with bitcoin
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October 06, 2016, 01:51:43 PM
 #162
Unless I see and carefully read an explanation why it should cost so much in 2020/30/35 and so forth, I cannot really believe it can be valued so highly.
Very few processes in our life are linear. So I don`t think applying any linear extrapolation is viable here.
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