Bitcoin for $1 Million !!! In ten years?

[ethereumhunter]

Well, Bitcoin has stabilized at almost exactly $14/coin.  I'm tired of waiting for a jump, so I'm taking the loss and getting my cash back  (from someones' 2011 tweet)

 

be patience for a while, I am sure that the price will be increasing soon. this is just a correction and it is better to buy bitcoin again because the price is under $10k and if there are any of increasing of the price, you are ready to sell to make a profit. I think you don't have to feel for waiting for the price because you still have another chance to trade the altcoin and who knows, you can make a profit from trade the altcoin.

[moneyangel]

Making it to the $1M price in 10years makes it too ambitious for me. I know there's no limitations in every speculation. But what happens now is a bloodbath, as this will need enough time to recover and make a new bull run. I'm optimistic that the price will gradually move up but the $1M for 10years will be too much.

[truongdhnh]

Making it to the $1M price in 10years makes it too ambitious for me. I know there's no limitations in every speculation. But what happens now is a bloodbath, as this will need enough time to recover and make a new bull run. I'm optimistic that the price will gradually move up but the $1M for 10years will be too much.

The $1M for 10years won't not too much. Just overcoming the challenges of governments in the next few years, every possibility can be successful.

[batang_bitcoin]

Well, Bitcoin has stabilized at almost exactly $14/coin.  I'm tired of waiting for a jump, so I'm taking the loss and getting my cash back  (from someones' 2011 tweet)

 

I thought you are the one that's tired of waiting for bitcoins jump. I have seen a tweet also from the past that says that he's also feeling sorry that he sold at centavos because bitcoin pumped to $8. And that tweet came from 2011 IIRC.

Making it to the $1M price in 10years makes it too ambitious for me. I know there's no limitations in every speculation. But what happens now is a bloodbath, as this will need enough time to recover and make a new bull run. I'm optimistic that the price will gradually move up but the $1M for 10years will be too much.

It's ambitious and the only person I knew that it will be at $1M is John McAfee and guess what he did said that it will happen on 2020 that's a crazy speculation right? We can see a bloodbath now but we can't tell where bitcoin will be lead 10 years from now.

[zander09]

Making it to the $1M price in 10years makes it too ambitious for me. I know there's no limitations in every speculation. But what happens now is a bloodbath, as this will need enough time to recover and make a new bull run. I'm optimistic that the price will gradually move up but the $1M for 10years will be too much.

The $1M for 10years won't not too much. Just overcoming the challenges of governments in the next few years, every possibility can be successful.

I think 1 million is too much but there is a possibility that this will be happen, maybe after 10 years many country will already accept bitcoin that time and if that happen bitcoin will be more successful.

[cuteman]

I think we are still in the beginning of the crypto mass adoption.   I would like to remind that US dollar has lost over 95% of its purchasing power since 1913 due to excess monetary inflation by the Fed by creating new money. This has been the main cause of the 2,000% increase in prices since 1913.

[cuteman]

I am not a fan of the technical analisys,  but for those who may feel scared and dispaired now during big decline, i would like to put a picture which I have seen recently :

[ethereumhunter]

I am not a fan of the technical analisys,  but for those who may feel scared and dispaired now during big decline, i would like to put a picture which I have seen recently :

so I think with a base on that image, we still have much time to collect more bitcoin and waiting until at least may-june 2018, right? and if the picture really happens, then we really make a big money in the middle of this year. but the price now is also making people scared because they cannot see the price is starting to go up but only down more and more.

[cuteman]

so I think with a base on that image, we still have much time to collect more bitcoin and waiting until at least may-june 2018, right? and if the picture really happens, then we really make a big money in the middle of this year. but the price now is also making people scared because they cannot see the price is starting to go up but only down more and more.

BTC drops happened many-many times, and each time some people predicted its total collapse.  Like said Paul Krugman recently :  "We're now in the late stage of a bubble, where things get cruel"  

[cuteman]

I wonder, will we go to the $50k price till end of the year ?        We may have reached the bottom recently.

Shurely price is dependent on many factors, icluding attempts to ban crypto in different countries.   But Progress can not be stopped. 

[ethereumhunter]

I wonder, will we go to the $50k price till end of the year ?        We may have reached the bottom recently.

Shurely price is dependent on many factors, icluding attempts to ban crypto in different countries.   But Progress can not be stopped. 

first, I don't think that the government will want to ban crypto and I think they don't see the benefits of cryptocurrency. although it is difficult to reach $50k in the end of the year, we still have many times to reach that number and I agree with the progress that cannot be stopped. maybe we need to reach $10k in the short-time and then the price will increase to $15k and slowly will increase to the higher price.

[nightfury]

We can speculate whatever we want bitcoin's price will be in the future but it's good to see some speculations like this. If that will be the price of bitcoin in the next 10 years, then i will probably hodl my bitcoin today.

[cuteman]

Some thoughts about the BTC future.

According to Bitinfocharts.com, the 100 richest bitcoin addresses only increased their savings during the 65% fall,
and the owner of the most expensive wallet with 167,203 bitcoins won at each of the six major corrections of 2017.

So, these gentlemen don't just don't believe in the fall of the bitcoin, but rather rely on its take-off. 


Accordingly, we are waiting for an increase in ROI, but do not forget about the current grim reality

[budz0425]

Some thoughts about the BTC future.

According to Bitinfocharts.com, the 100 richest bitcoin addresses only increased their savings during the 65% fall,
and the owner of the most expensive wallet with 167,203 bitcoins won at each of the six major corrections of 2017.

So, these gentlemen don't just don't believe in the fall of the bitcoin, but rather rely on its take-off. 


Accordingly, we are waiting for an increase in ROI, but do not forget about the current grim reality

Yes, 10 years from now is that bitcoin will really increase in its value and it will really happen, do not worry guys as this will really happen in the future if we will just continue to support bitcoin as this could be a million or more than a thousand dollar worth, what we just have to do is to wait for the time for this to come.

[aeternus]

Some thoughts about the BTC future.

According to Bitinfocharts.com, the 100 richest bitcoin addresses only increased their savings during the 65% fall,
and the owner of the most expensive wallet with 167,203 bitcoins won at each of the six major corrections of 2017.

So, these gentlemen don't just don't believe in the fall of the bitcoin, but rather rely on its take-off. 


Accordingly, we are waiting for an increase in ROI, but do not forget about the current grim reality

This confirms what I have been thinking for a long time, those that are selling are just weak hands the whales are not cashing out in fact they are getting bigger and this is even at these huge prices, I do not know if they are ever going to cash out but this is an example of what your average bitcoin user should be doing, trust in bitcoin for the long term and eventually the profits will follow.

[cuteman]

Here is the biggest bubble of the Mankind  




Between 1959 and 2000 the Earth's population doubled in just 40 years. By one estimate, the number of new mouths to feed each year peaked in 1989 at around 87 million (roughly the equivalent of Ethiopia's current population). In 2010, the planet was still adding 1 million people every 4.8 days (US Census Bureau 2011).

[JL421]

That's a really high speculation I mean I get it bitcoin is unique and with the limited supply it could be worth way more in the future but 1 million can take 20 years or even more until people make a shift from gold to bitcoin
Only one problem is who would demand bitcoin ay such a high value?

[cuteman]

That's a really high speculation I mean I get it bitcoin is unique and with the limited supply it could be worth way more in the future but 1 million can take 20 years or even more until people make a shift from gold to bitcoin
Only one problem is who would demand bitcoin ay such a high value?

Most part (54%) of people posessing bitcoin now ,  keep less than 0.001 BTC on their wallets.    Another 36% keep from 0.001 to 0.1.

And only less than 3% from them have more than 1 BTC at their disposal.

1 satoshi is one millionth part of Bitcoin, so even poor people will be able to own a part of Bitcoin when it reach $1 mln. 

[terrific]

Most part (54%) of people posessing bitcoin now ,  keep less than 0.001 BTC on their wallets.    Another 36% keep from 0.001 to 0.1.

And only less than 3% from them have more than 1 BTC at their disposal.

1 satoshi is one millionth part of Bitcoin, so even poor people will be able to own a part of Bitcoin when it reach $1 mln. 

Where did you get that statistics mate? If that's true then those people who have less on their wallets needs to start owning more than 0.001BTC while its not yet $1,000,000. I'm keeping one bitcoin and believe that it will go higher as that price and I don't have an idea on how long I'm about to wait until it hits that speculation.

Between 1959 and 2000 the Earth's population doubled in just 40 years. By one estimate, the number of new mouths to feed each year peaked in 1989 at around 87 million (roughly the equivalent of Ethiopia's current population). In 2010, the planet was still adding 1 million people every 4.8 days (US Census Bureau 2011).

This have a connection to the growth of bitcoin so comparing the growth of population to the growth of bitcoin can have resemblance.

[RequiredBTC]

Hopefully. Because we all hope it will happen. However, sometimes i think what about people who do not know bitcoin when economic conditions worse than us?