joseafonso123az
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October 18, 2017, 08:05:04 PM |
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Well, it's a very big value for BTC. Maybe after every BTC is mined we will see a somehow stable price, till then we can only speculate the price! BTC has to grow, in terms of price, because you can have only a fixed number of BTC. And if the price rises, you will see trading with less than 1 satoshi, that would value a lot also. And with that more portions of BTC will be available.
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ArdiPrabowo
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October 18, 2017, 09:11:35 PM |
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crazy price, bitcoin price is never reach 10 million dollar only reach 100k dollar still imposible and only dream
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LenyaPoker
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October 18, 2017, 09:46:54 PM |
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I think Hal Finney is a worthy man, but $10 million for 1 BTC seems like a fairy-tale to me now. We'll see what happens after hard-fork to understand which way is Bitcoin going
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HatakeKakashi
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October 18, 2017, 09:53:31 PM |
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I dont think bitcoin price will reach 10 million dollars because that price is very high. I dont think many peope until now believe bitcoin bevome mililions of dollar each bitcoin if that happen many people become rich and possible you will be replace billgates to those people have thousands of bitcoin in their pocket. Thats very unrealistic to happen in real life. Maybe 100k dollars is possible but the percent is 0.01 percent only for me.
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X7
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Let he who is without sin cast the first stone
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October 18, 2017, 09:55:32 PM |
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Beautiful to see his logic - not biased - just logical.
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For what shall it profit a man, if he shall gain the world, and lose his own soul?
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dothebeats
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October 18, 2017, 10:19:24 PM |
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Bitcoin in itself wouldn't replace fiat completely, less because it isn't competent enough; and more due to government and banks' intervention. Hal's projection seemed to be ambitious, though not really impossible since as of right now we are seeing impossible gains with only a few million people involved. What more if we add a couple more million people interested in investing and keeping their assets with bitcoin? crazy price, bitcoin price is never reach 10 million dollar only reach 100k dollar still imposible and only dream
We also said $5000 is impossible and cannot be achieved in the last 2 years. Look at where we're at right now.
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marcbitcoins
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October 18, 2017, 10:26:57 PM |
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crazy price, bitcoin price is never reach 10 million dollar only reach 100k dollar still imposible and only dream
Yes that is true! Even if bitcoin value will reach $10,000 by next year it will already to become more expensive to purchace by the small time investors like us therefore majority of the small investors will look for other alternative means to be keep in crypto business in which they might likely shifting the investments to altcoins because it is cheaper to purchase which is fit for a small capital. Maybe Mr.Satoshi and the rest of the team did not expect that altcoins were going to exist to follow the path of bitcoin and to become competitor that is why they come up with that $10M value before.
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BelieveInBitcoin
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October 18, 2017, 11:04:20 PM |
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I'm not greedy. I'd be happy if my BTC only rose to $5 million!
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avikz
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October 18, 2017, 11:52:28 PM |
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crazy price, bitcoin price is never reach 10 million dollar only reach 100k dollar still imposible and only dream
Yes, I somehow think the same. Because to reach that 10 million USD mark for one bitcoin, the market cap needs to be even bigger than the size of world economy which ain't gonna happen in any way. I can even think of trillion dollar market cap for bitcoin but that won't bring the price up to even 1 million price point. So honestly 10 million is a distant dream for me as well. I will be happy if bitcoin can cross 20k USD mark because that is my goal price and then I will be able to leave my job and travel the world for the rest of my life.
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aardvark15
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October 19, 2017, 12:23:17 AM |
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$10,000,000 for a piece of Bitcoin this is the amount that the coin should reach in order for it to be a replacement for fiat. And this amount was even calculated by Hal Finney way back in 2009. Screenies of a forum conversation between Satoshi and Hal Finney. There are many obstacles for Bitcoin to overcome before it can replace fiat currencies. Just one of them is the fact that there will only be 21 million ever mined. I realize that a Bitcoin can be divided into 8 decimal places but even that limit will be a problem. It’s a problem because people lose Bitcoins. Governments keep printing fiat so the supply never runs out. With Bitcoin, any time some is lost, it’s gone forever and the supply is reduced. At some point, too many will be taken out of circulation and there won’t be enough to use as a fiat replacement. And as the value keeps rising, the Bitcoins that are left will be hoarded because the value keeps rising.
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DevilSlayer
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October 19, 2017, 01:07:01 AM |
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$10,000,000 for a piece of Bitcoin this is the amount that the coin should reach in order for it to be a replacement for fiat. And this amount was even calculated by Hal Finney way back in 2009. Screenies of a forum conversation between Satoshi and Hal Finney. I think it will become like that. The bitcoin is now has a very good progress in the market and it seema that it will become better in the following days. I can say that bitcoin will never die.
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Jafri101
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October 19, 2017, 01:17:32 AM |
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As the price of bitcoin is rising i beleive it can go upto 10,000 $ because in just 1year it has jumped from 750$ to 5800$ so why cant it go further?? so i say yes definitely it can pump to 10k $ like neatly in 2years.
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yugyug
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October 19, 2017, 01:34:53 AM Last edit: October 19, 2017, 09:24:16 AM by yugyug |
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based on satoshi supply protocol every 4 years the mined coined will be halves from the previous 4 years cycle or a 50% reduction of supply, for a total of 21million bitcoin, the first 4 years the total mined was 10 miliion (2009 - 2013), then followed by 5 million after 4 years (2014 to 2018) to , so in the next 4 years ETA 2022 the total mine will be 2.5 million.In my conclusion, supply chain is diminishing every 4 years, from the law of supply and demand, the lesser the supply the higher the demand, the higher the price. A 1M USD per BTC is feasible as long the demand is still there. The mass adoption is the key to 1 million USD.
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ralle14
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Shuffle.com
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October 19, 2017, 01:46:41 AM |
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No way bitcoin would replace fiat. Bitcoin is illegal/banned in some countries. If bitcoin reached that kind of amount I can't imagine what's the price of every altcoins out there. Hey man, i would be happy to see btc reached 1% of that value. It's a lot of money. It's a stretch but it's reachable under the right conditions.
$100k is still a huge amount. We need to burn more bitcoins before we could reach to that point.
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Milo_Kidd
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October 19, 2017, 03:16:46 AM |
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$10,000,000 for a piece of Bitcoin this is the amount that the coin should reach in order for it to be a replacement for fiat. And this amount was even calculated by Hal Finney way back in 2009. Screenies of a forum conversation between Satoshi and Hal Finney. Are you sure with that? Cause I would be ask I am not. But I think ni one can assure that. But if that will happen we dont have choice but to grab price in the next, next 4 years haha. Its was so long
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boyptc
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October 19, 2017, 03:37:12 AM |
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When we are at $1K people call us scam When we are at $5K people call us bubble When we are at $10 Mllion, i have no idea what do people call us because they would have be gone WE can't avoid those type of people they keep on talking nonsense like that and they just don't believe what bitcoin is. Hal Finney is clearly talking about the replace of fiat but I doubt it will happen, there will be a cashless society but there will still be a choice of fiat money that will be used for those people that doesn't have an idea about these things. What's good here is $10,000,000 per bitcoin? I'll wait for this day.
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Yadstiker
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October 19, 2017, 04:28:31 AM |
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When we are at $1K people call us scam When we are at $5K people call us bubble When we are at $10 Mllion, i have no idea what do people call us because they would have be gone WE can't avoid those type of people they keep on talking nonsense like that and they just don't believe what bitcoin is. Hal Finney is clearly talking about the replace of fiat but I doubt it will happen, there will be a cashless society but there will still be a choice of fiat money that will be used for those people that doesn't have an idea about these things. What's good here is $10,000,000 per bitcoin? I'll wait for this day. Let them talk what they want at least we already had proved what bitcoin is, besides whatever bitcoin will become they will still talk about it no matter positive or negative it just makes bitcoin on the hot spot. I also agree that total elimination of fiats in the society cannot be done, as of now maybe but in the future, who knows actually?.
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boyptc
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October 19, 2017, 04:45:04 AM |
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When we are at $1K people call us scam When we are at $5K people call us bubble When we are at $10 Mllion, i have no idea what do people call us because they would have be gone WE can't avoid those type of people they keep on talking nonsense like that and they just don't believe what bitcoin is. Hal Finney is clearly talking about the replace of fiat but I doubt it will happen, there will be a cashless society but there will still be a choice of fiat money that will be used for those people that doesn't have an idea about these things. What's good here is $10,000,000 per bitcoin? I'll wait for this day. Let them talk what they want at least we already had proved what bitcoin is, besides whatever bitcoin will become they will still talk about it no matter positive or negative it just makes bitcoin on the hot spot. I also agree that total elimination of fiats in the society cannot be done, as of now maybe but in the future, who knows actually?. Yes that's the deal here that we have seen on how did bitcoin became a good investment to each and everyone of us. There's a lot of challenges, ups and down and different FUDs that has been scattered throughout the crypto community and each crypto trader has been helped by bitcoin. Even bitcoin will only reach $100,000 well that's a wonderful day already, I mean today is a great price of bitcoin but if it will go up higher, that's a greater day!
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Shinpako09
Legendary
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October 19, 2017, 04:50:44 AM |
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Expect the unexpected in btc but even Satoshi could be wrong in his prediction. Also, as if we're still alive during the time of hitting that price if ever it was true. Maybe we don't even living here at the time of $1M per btc. It will probably take more than a decade.
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miyaka26
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October 19, 2017, 06:27:54 AM |
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10 million seems to be impossible but who knows? after a decades what will be the bitcoins value over the market? or bitcoin is already phased out and some altcoins out there replaced the bitcoin as the number 1 crypto currency, but that's a lot of zeros and that speculation is not clear on these days. i hope that btc will reach that state but i might be dead that time.
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