South Park
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October 11, 2018, 09:21:18 PM |
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If one bitcoin is worth $10m in 10 years, are these the same 10m as today ? Does it buy the same stuff ? :/ There is too much dynamics at the same moment. You can't easily have such debates. Bitcoin price should be seen as a side effect of what bitcoin is. Otherwise .. Here's a $10m note for you Who knows? 10 years is such a long time frame that is impossible to know exactly what it's going to happen, in 10 years things could be very similar, but the world could also be completely different than what we have today, however it is very obvious that if there was a huge economic crisis around the world then it will be a lot easier for bitcoin to reach that price not only because there is going to be more adoption but also because 10 millions are not going to buy what they buy today.
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shiming
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October 11, 2018, 10:56:43 PM |
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Perhaps, in the future, with the disappointment of people against the real currency, the emergence of BTC. Not the same technology. It is possible to realize a BTC of $10 million. We should have expectations for the future BTC.
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South Park
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October 13, 2018, 04:02:04 PM Last edit: October 14, 2018, 08:26:48 PM by South Park |
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Perhaps, in the future, with the disappointment of people against the real currency, the emergence of BTC. Not the same technology. It is possible to realize a BTC of $10 million. We should have expectations for the future BTC.
It is clear that at some point in the future there is going to be economic problems all around the world because the system in which the world economy its based is simply not solid enough to go without crisis for a long time, and the problem is that countries are heavily indebted and it's possible that the next crisis is so big that destroys the current system and if that happens people are going to look for an alternative, and that alternative is bitcoin.
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bintangkejoraku
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October 13, 2018, 04:40:04 PM |
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Perhaps, in the future, with the disappointment of people against the real currency, the emergence of BTC. Not the same technology. It is possible to realize a BTC of $10 million. We should have expectations for the future BTC.
in my opinion, changing the original currency with bitcoin is not the right way to avoid an economic crisis because bitcoin prices are very volatile. I am sure all countries will reject that because currency is a symbol of the state.
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pocketfullofpoke
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October 13, 2018, 09:39:21 PM |
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I don't really know if bitcoin can really reach 100,000$ by 2020s and that price of yours is really way beyond my imagination if i based it with how bitcoin and the market has struggled in the past couple of months. That's is really an unrealistic amount of price per bitcoin in my opinion but who knows, your prophecy will come true.
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alentmay
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October 14, 2018, 07:41:37 AM |
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10 Million dollars for the bitcoin is very realistic because the highest possible price of bitcoin is only 100k dollars and even that is very low chance to happen only because bitcoin now is very low price and we don't know until when is this.
Am I misunderstanding your statement? 10M dollars is very realistic but you said that the highest possible price is 100k dollars only? Or did you mean to say "unrealistic"? For me it is even hard to reach its last year highest price again in the next 10 years, of course hard does not mean impossible. Chance is always exist but I do not know what will make its price raising again. As a trader, I will just follow the price movement and take all possible chance to make profit. I wont hope too much.. although all things can happen but to achieve such a high price is very difficult to achieve, what is the reason so that prices can reach $10 million per btc? even the gold used by everyone in the world does not reach that high price? Will the price of bitcoin be that high if it is used by everyone? I dont think so I am not sure about the price by 2028 but one thing I can say that more and more people will use bitcoin as their regular currency even in their local markets. With the passage of time more and more countries are accepting bitcoin and after 10 years this number will be more than triple. Price is not a problem here, the actual aim of bitcoin is to use it as regular currency.
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Febo
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October 14, 2018, 12:07:35 PM |
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That's right, im making the prediction. In 10 years Bitcoin will have a marketcap of several trillions. Most fiat sitting in dumb places like bonds, derivatives, idiotic stocks, easy to counterfeit metals such as silver and gold... will be sitting on the capital B blockchain.
We'll go parabolic in ways never fathomed before. After we gross the first million barrier it will open Pandora's box. Minds will be blown, everything will become possible. Anyone not holding wealth in Bitcoin will have their goods at constant systemic risk.
Go all in and hold.
If in 10 years Bitcoin will be worth that much that means that it will severely harm value of USD. and that means that with 1BTC or with $10m you will be able to buy way less as we imagine. Well, it will be less as we imagine right now anyway. If inflation is only few % it will already be 1/3 less. So why dont you rather put these long term predictions in Gold? Will Bitcoin be worth 5000 ounces of Gold in 2018? Will be 10000?
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hicies
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October 16, 2018, 08:07:37 AM |
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That's right, im making the prediction. In 10 years Bitcoin will have a marketcap of several trillions. Most fiat sitting in dumb places like bonds, derivatives, idiotic stocks, easy to counterfeit metals such as silver and gold... will be sitting on the capital B blockchain.
We'll go parabolic in ways never fathomed before. After we gross the first million barrier it will open Pandora's box. Minds will be blown, everything will become possible. Anyone not holding wealth in Bitcoin will have their goods at constant systemic risk.
Go all in and hold.
This is a very high speculations and we would be happy bitcoin get to that level. We should not fail to be part of this great opportunity that blockchain technology has brought to us. I think we should invest now and be part of the history. The market cap of bitcoin in increasing day by day and after 10 years you are right that it will cross trillions of dollars but the price will ever cross $20000 because with a huge price people would not be able to buy bitcoin. They will prefer low price coins for earning money and buy some satoshi for using for their daily routine expenditures and other financial needs.
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Totscha
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October 18, 2018, 09:38:35 AM |
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That's right, im making the prediction. In 10 years Bitcoin will have a marketcap of several trillions. Most fiat sitting in dumb places like bonds, derivatives, idiotic stocks, easy to counterfeit metals such as silver and gold... will be sitting on the capital B blockchain.
We'll go parabolic in ways never fathomed before. After we gross the first million barrier it will open Pandora's box. Minds will be blown, everything will become possible. Anyone not holding wealth in Bitcoin will have their goods at constant systemic risk.
Go all in and hold.
This is a very high speculations and we would be happy bitcoin get to that level. We should not fail to be part of this great opportunity that blockchain technology has brought to us. I think we should invest now and be part of the history. The market cap of bitcoin in increasing day by day and after 10 years you are right that it will cross trillions of dollars but the price will ever cross $20000 because with a huge price people would not be able to buy bitcoin. They will prefer low price coins for earning money and buy some satoshi for using for their daily routine expenditures and other financial needs. Emmm... So the market cap will increase dramaticaly, but the price will not... An interesting idea. It'd be a shame if it weren't possible because of math...
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DaughterOFbitcoin
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October 22, 2018, 11:54:40 AM |
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That's right, im making the prediction. In 10 years Bitcoin will have a marketcap of several trillions. Most fiat sitting in dumb places like bonds, derivatives, idiotic stocks, easy to counterfeit metals such as silver and gold... will be sitting on the capital B blockchain.
We'll go parabolic in ways never fathomed before. After we gross the first million barrier it will open Pandora's box. Minds will be blown, everything will become possible. Anyone not holding wealth in Bitcoin will have their goods at constant systemic risk.
Go all in and hold.
This is a very high speculations and we would be happy bitcoin get to that level. We should not fail to be part of this great opportunity that blockchain technology has brought to us. I think we should invest now and be part of the history. The market cap of bitcoin in increasing day by day and after 10 years you are right that it will cross trillions of dollars but the price will ever cross $20000 because with a huge price people would not be able to buy bitcoin. They will prefer low price coins for earning money and buy some satoshi for using for their daily routine expenditures and other financial needs. I think in next 10 years it will be more than $100,00,000. But the main purpose of bitcoin is not increasing only its market cap but also acceptance and using throughout the world. This will happen in the coming few years because we are proceeding towards digital currency and soon we will see bitcoin everywhere in the markets just like our local currency.
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pinoyden
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October 22, 2018, 01:43:48 PM |
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sound impossible and many people seems to disagree but im not one of them , im with you op because i believe that 10m usd is possible as long as we can see a several ath every single year .
to be honest , 10m usd is still pretty small when compared to the potential value that bitcoin could reach when the supply is already run out and when the adoption is totally accepted worldwide .
but right now lets just only foccus on the reality that cryptos are still down . we'd rather use this great opportunity to buy and hoard more crypto coins .
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cellard
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October 23, 2018, 12:27:08 AM |
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That's right, im making the prediction. In 10 years Bitcoin will have a marketcap of several trillions. Most fiat sitting in dumb places like bonds, derivatives, idiotic stocks, easy to counterfeit metals such as silver and gold... will be sitting on the capital B blockchain.
We'll go parabolic in ways never fathomed before. After we gross the first million barrier it will open Pandora's box. Minds will be blown, everything will become possible. Anyone not holding wealth in Bitcoin will have their goods at constant systemic risk.
Go all in and hold.
If in 10 years Bitcoin will be worth that much that means that it will severely harm value of USD. and that means that with 1BTC or with $10m you will be able to buy way less as we imagine. Well, it will be less as we imagine right now anyway. If inflation is only few % it will already be 1/3 less. So why dont you rather put these long term predictions in Gold? Will Bitcoin be worth 5000 ounces of Gold in 2018? Will be 10000? A lot of people don't seem to realize how the USD has been performing in the past few years. Just 10 years ago we saw a massive peak (right when bitcoin was released ironically enough) on its inflation: And then picture in the (also ironically enough) $21 trillion USD debt and growing. Then extrapolate this into 10 years... we are going to see some crazy things, and $10 million per coin in 10 years is not out of the picture. Im not worried purchasing power wise. 1 BTC will always be 1 BTC, in 10 years this fact should be clear enough that you can buy anything you need with it.
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sirohige
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October 23, 2018, 03:16:08 AM |
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Your price predictions are too high, but I am very confident that the price of bitcoin can be very expensive and that bitcoin may touch that expensive price in 2028, because bitcoin has a very strong influence in terms of demand, bitcoin has a very high demand, and in terms of very limited total supply makes the price of bitcoin can be very expensive in the future.
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steampunkz
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October 23, 2018, 03:27:31 AM |
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In my opinion, if that will be the predicted then I suppose all people in the world are now aware and all using bitcoins but for now, with all the chaos happening to BTC price, Its will have small chance to reach that kind of prediction, Still, I am holding bitcoins and using it as my primary funds and then mine new potential altcoins like ravencoin.
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KenChanYu
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October 23, 2018, 04:14:53 AM |
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In my opinion, if that will be the predicted then I suppose all people in the world are now aware and all using bitcoins but for now, with all the chaos happening to BTC price, Its will have small chance to reach that kind of prediction, Still, I am holding bitcoins and using it as my primary funds and then mine new potential altcoins like ravencoin.
Ths speculation are just guesses whereas spread along the world of crypto. Nothing wrong with that, but we have to acknowledge the current situation that we are finghting right now. Though its about 2028 maybe we can reach that peak by tge guidance of our positive motivations and optimism. As of now, focus on what are best thing to do in order gain the bull run occurence by this 2018.
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Topcarey
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October 24, 2018, 11:32:35 AM |
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That's right, im making the prediction. In 10 years Bitcoin will have a marketcap of several trillions. Most fiat sitting in dumb places like bonds, derivatives, idiotic stocks, easy to counterfeit metals such as silver and gold... will be sitting on the capital B blockchain.
We'll go parabolic in ways never fathomed before. After we gross the first million barrier it will open Pandora's box. Minds will be blown, everything will become possible. Anyone not holding wealth in Bitcoin will have their goods at constant systemic risk.
Go all in and hold.
This is a very high speculations and we would be happy bitcoin get to that level. We should not fail to be part of this great opportunity that blockchain technology has brought to us. I think we should invest now and be part of the history. The market cap of bitcoin in increasing day by day and after 10 years you are right that it will cross trillions of dollars but the price will ever cross $20000 because with a huge price people would not be able to buy bitcoin. They will prefer low price coins for earning money and buy some satoshi for using for their daily routine expenditures and other financial needs. Emmm... So the market cap will increase dramaticaly, but the price will not... An interesting idea. It'd be a shame if it weren't possible because of math... When bitcoin become the global currency then nobody will compare it with other currency. Like I do not price my local currency with dollar when I use it in my local markets. I have nothing to do with dollar. Dollar is a scale for every currency these days and for bitcoin and Altcoin as well but then nobody will calculate bitcoin price is dollars. Therefore forget about $20000.
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lingwistiko
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October 25, 2018, 10:58:35 PM |
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It was on this section too that i have read a post that bitcoin will reach 50,000$ by 2019 and this time is way beyond my expectation. This may sounds funny but it's everyone's opinion to express his realistic or unrealistic amount of bitcoin.
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Whosdaddy
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October 26, 2018, 08:05:37 AM |
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That's right, im making the prediction. In 10 years Bitcoin will have a marketcap of several trillions. Most fiat sitting in dumb places like bonds, derivatives, idiotic stocks, easy to counterfeit metals such as silver and gold... will be sitting on the capital B blockchain.
We'll go parabolic in ways never fathomed before. After we gross the first million barrier it will open Pandora's box. Minds will be blown, everything will become possible. Anyone not holding wealth in Bitcoin will have their goods at constant systemic risk.
Go all in and hold.
This is a very high speculations and we would be happy bitcoin get to that level. We should not fail to be part of this great opportunity that blockchain technology has brought to us. I think we should invest now and be part of the history. The market cap of bitcoin in increasing day by day and after 10 years you are right that it will cross trillions of dollars but the price will ever cross $20000 because with a huge price people would not be able to buy bitcoin. They will prefer low price coins for earning money and buy some satoshi for using for their daily routine expenditures and other financial needs. Emmm... So the market cap will increase dramaticaly, but the price will not... An interesting idea. It'd be a shame if it weren't possible because of math... When bitcoin become the global currency then nobody will compare it with other currency. Like I do not price my local currency with dollar when I use it in my local markets. I have nothing to do with dollar. Dollar is a scale for every currency these days and for bitcoin and Altcoin as well but then nobody will calculate bitcoin price is dollars. Therefore forget about $20000. Obviously, imagining when there would have been some level of real life usage, a lot of people getting to see the real value, mainstream adoption, easy spending in stores, and so many more, I can imagine what the price will be by then. With just speculations alone, we are here now, imagine what the possibilities of 10 years’ time will be holding. The main reasons we keep saying buy as much as you can at the moment. I would not doubt it as I absolutely was one of the people who thought $10k would have been too much for an expectation last year and we blew straight past it to imprint a higher level of ATH, so in the next 10 years, I can imagine what this market would be like if all things work as expected in terms of usage and adoption.
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niteroy
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October 26, 2018, 11:01:21 AM |
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An interesting discussion turned out in this topic, but I really wonder if there are chances for Bitcoin to grow to $10 million? In financial terms, what should happen in order for Bitcoin to fill up and receive a capitalization of several trillion dollars? Many people do not even believe that it will cost one million dollars.
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Totscha
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October 26, 2018, 01:25:44 PM |
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An interesting discussion turned out in this topic, but I really wonder if there are chances for Bitcoin to grow to $10 million? In financial terms, what should happen in order for Bitcoin to fill up and receive a capitalization of several trillion dollars? Many people do not even believe that it will cost one million dollars.
Math is good, meth is bad. Use math... A market cap of several trillion would mean the price of bitcoin in the $100.000-200.000 range. This is something that is possible. Pushing the price to 1-10 million would put the market cap in the range of 10-100 trillion. That's more than there's money in the world to put it simply...
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