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Author Topic: 1 millon for a Bitcoin is this fiction or reality?  (Read 2992 times)
SocialClooud (OP)
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September 26, 2017, 01:32:23 PM
 #1

People says 1 BTC will be cost 1 Million do you believe in that?
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September 26, 2017, 01:57:38 PM
 #2

People says 1 BTC will be cost 1 Million do you believe in that?

It is possible and i believe that the price can be value at 1 million in a less year.  Too much demand of bitcoin the more chance that bitcoin can be rise.
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September 26, 2017, 02:01:20 PM
 #3

People says 1 BTC will be cost 1 Million do you believe in that?

It is possible and i believe that the price can be value at 1 million in a less year.  Too much demand of bitcoin the more chance that bitcoin can be rise.
this does look crazy and seems like an impossible thing. but if we see the development of bitcoin from the beginning then it all starts from a very simple thing. at the beginning of its appearance a bitcoin has no value and the price is so cheap. but after a few years we see that bitcoin prices have begun to show its strength and magic. I think if the price of bitcoin reaches 1 million then it is a miracle that is quite awaited by everyone.
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September 26, 2017, 02:05:41 PM
 #4

In my belief, Bitcoins were powerful and could increase the price of 1 Million $. I can say this is because of what I have seen. From it it was established and up to now. It has been a huge increase in prices over the past 7 years. And think of seven years for bitcoins but we've seen her rise almost x10000. How else can I reach it for 30 years? or more? I can not say that, as long as we look at the beautiful developments today that will further strengthen the bitcoins. And that will be our basis for future bitcoins prices
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September 26, 2017, 02:08:15 PM
 #5

I think it is possible for Bitcoin to reach 1 million and it is never impossible to reach that amount as well though time will only tell us when that will happen. We can't say it is reality though because it has not happened yet nor can we say it is fiction because it is not impossible also.
SocialClooud (OP)
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September 26, 2017, 02:11:23 PM
 #6

People says 1 BTC will be cost 1 Million do you believe in that?

It is possible and i believe that the price can be value at 1 million in a less year.  Too much demand of bitcoin the more chance that bitcoin can be rise.
this does look crazy and seems like an impossible thing. but if we see the development of bitcoin from the beginning then it all starts from a very simple thing. at the beginning of its appearance a bitcoin has no value and the price is so cheap. but after a few years we see that bitcoin prices have begun to show its strength and magic. I think if the price of bitcoin reaches 1 million then it is a miracle that is quite awaited by everyone.


Maybe after few years BTC will change the whole world)
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September 26, 2017, 02:16:01 PM
 #7

No, I do not think it will happen, ever. I believe that the price will be very high, but not that much. Maybe above 10K but it will not reach 6 digits in price.
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September 26, 2017, 02:20:36 PM
 #8

People says 1 BTC will be cost 1 Million do you believe in that?
No not possible.Many people HODL more then 1 bitcoin today you mean all of them will become millionaire.No Grin Bitcoin will take a lot of time now to even reach  10000$ considering the FUD it attracts.

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September 26, 2017, 02:21:55 PM
 #9

For sure it cant be. Price can be higher than now? but 1m for 1 btc its just a dreams.
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September 26, 2017, 02:24:02 PM
 #10

I think it's possible. But it takes long time to happen. Bitcoin has reached 4000 dollar from fee cents. So 1 million dollar is not a fiction.
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September 26, 2017, 02:31:30 PM
 #11

Possible yes.

If many countries go the japan route then it could start to get into those kind of numbers. I would think 250k would be doable inside a year if the eu, us, china (total reversal) , etc all started being super pro btc.

Probable - we'll see

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September 26, 2017, 02:31:47 PM
 #12

Yes it is possible as only 21 million bitcoin can exist in total and out of them many have lost access to their bitcoins so total existing bitcoin which is tradable is way lower than that 21 million.

Bitcoin total marketcap is still very low and there is lots of space for it to grow if we consider total amount of online transactions peoples are making everyday.
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September 26, 2017, 02:35:51 PM
 #13

it is really very difficult to say, and to me it sounds very far fetched
or unrealistic to think or hear that it could be priced at $1m.

It can definitely climb a lot higher than it is today as others have
mentioned 10K or 20K but after that it would need massive adoption
globally to reach the golden figure of $1m.




R


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September 26, 2017, 02:40:39 PM
 #14

How much was bitcoin worth in 2009? How much has it gone up since then?
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September 26, 2017, 02:43:21 PM
 #15

There have been so many answers to that question. Even the most important people in the world of cryptos agree on that questions. Most forecasts I’ve seen predict between 100.000$ and a 1.000.000$. Some even more than that. And some other financial experts say that it is a bubble and that it will blow up one day. So there is no way you are going to know for sure.

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September 26, 2017, 02:43:51 PM
 #16

I think this price is quite real in 5-10 years, but not now. Considering what volatility the market has in the long-term. But even if this forecast is 10%, will we be very upset?)
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September 26, 2017, 02:44:41 PM
 #17

Possible yes.

If many countries go the japan route then it could start to get into those kind of numbers. I would think 250k would be doable inside a year if the eu, us, china (total reversal) , etc all started being super pro btc.

Probable - we'll see


ah but Cryptohunter the most important word in your post is "IF"
why would the EU, US and China totally leave bitcoin alone to be
mass adopted, they would want a slice of the action in taxes I figure
its difficult to call this one.

How much was bitcoin worth in 2009? How much has it gone up since then?

in 2009 buying Bitcoins for $30 was easy, not so easy to buy 1 bitcoin now
and will be harder to buy 1 bitcoin when it reaches $7500 and so on.


R


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September 26, 2017, 03:06:39 PM
 #18

when bitcoin first time to launch on 2009 maybe nobody thought currently will pretty expensive but nothing impossible in cryptocurrency and maybe someday it will happened but long time journey are necessary to makes bitcoin reach to those amount but i believe in the future bitcoin will worth more than $10k
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September 26, 2017, 03:08:16 PM
 #19

a very interesting topic to discuss
I hope it can be a reality in the future
maybe this time is just a dream but in the future I believe it can happen
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September 26, 2017, 03:12:42 PM
 #20

if it will hit 100k i wont eat my d on national televesion but it is a good signal that in 50 years could hit 1mili Wink
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