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Author Topic: In future people will say i want to earn 1 Bitcoin instead of 1 Million  (Read 1248 times)
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Xester
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February 19, 2017, 11:15:26 AM
 #21

That's a fact.

I dont think so since bitcoin cannot replace the fiat currency. In the future people will still say 1 million fiat currency or 1 million worth of bitcoins. But at least there are some changes in the terminologies since bitcoin has been considered as a currency. But if one bitcoin will reach One hundred million each and 1 satoshi is equivalent to one dollars then possibly people will say satoshi or bitcoin.
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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iqlimasyadiqa
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February 19, 2017, 11:20:31 AM
 #22

yes possibility in the future of bitcoin can become a very valuable currency. bitcoin value can increase and well above than the current price.
bitcoin could be a most valuable thing and it takes a lot of people in the future.
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February 19, 2017, 11:27:15 AM
 #23

It sounds great, many of us here would then be millionaires Cheesy

I see this happening, the chances are probably around 50-50.. The price always went up if you look at every years' result, except only one single year in which the price fell a little bit. Bitcoins are becoming more and more rare..

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February 19, 2017, 11:34:34 AM
 #24

in my opinion, there could be possible in future but we don't know when its happen, but its depend on what people wants with their bitcoin so if there many people still using bitcoin then i am sure that in future, we can see that the bitcoin price is more value than now. not just in future, but for now, if there is any mass adoption, then the demand is increase and without any supply, the price will be higher.

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February 19, 2017, 11:43:51 AM
 #25

This never becomes a reality. People are not into such a thinking to prioritize earning a single bitcoin rather than focusing to get a million. In my view if people were asked to choose bitcoin or million, sure most will select million as very few is aware of bitcoin, as well the price of bitcoin is uncertain.
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February 19, 2017, 12:04:57 PM
 #26

Agree, of course if this bitcoin's price will hit over a million many people says I wan to earn 1 bitcoin instead of 1 Million. But if the price will not become over a million they will not say it. And they will not know bitcoin because many people only know this if the bitcoin price will hit million price.
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February 19, 2017, 12:09:32 PM
 #27

That's a fact.

Well I think you are aiming big here because you can say the word 1 million could be a definition that you can surely earn big with bitcoin and I envy you for that because I am still aiming for 1 btc myself and because of my expenses that will surely occur time after time well I am very dependent with bitcoin on my expenses, and I think other people that are saying something like that well I think they are thinking the same thing as me well just my hint!
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February 19, 2017, 01:44:30 PM
 #28

Agree, of course if this bitcoin's price will hit over a million many people says I wan to earn 1 bitcoin instead of 1 Million. But if the price will not become over a million they will not say it. And they will not know bitcoin because many people only know this if the bitcoin price will hit million price.
yes that can be possible in future. because the price of bitcoin is increasing continuously. as we can see that the users of bitcoin are increasing continuously which is also causing the increase in demand. i think if this demand of bitcoin continue then very soon the price of bitcoin will reach to millions and then holding one bitcoin will also carry great value.
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