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Will 1 Bitcoin will Reach 1 million usd one day?
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Topic: Will 1 Bitcoin will Reach 1 million usd one day? (Read 11392 times)
go4nature
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Re: Will 1 Bitcoin will Reach 1 million usd one day?
April 27, 2014, 07:33:00 AM
#281
One million for one bitcoin? You are crazy. For last 3000 years people crazy about gold. Still its price is very low. If bitcoin reaches $1000 i am happy man.
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freedomno1
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Re: Will 1 Bitcoin will Reach 1 million usd one day?
April 27, 2014, 08:38:02 AM
#282
Quote from: go4nature on April 27, 2014, 07:33:00 AM
One million for one bitcoin? You are crazy. For last 3000 years people crazy about gold. Still its price is very low. If bitcoin reaches $1000 i am happy man.
I would also like to see it hit 1K again but guess we all need to wait patiently for a trigger or someone needs to make it lol.
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boumalo
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Re: Will 1 Bitcoin will Reach 1 million usd one day?
April 27, 2014, 12:42:38 PM
#283
Quote from: Swordsoffreedom on April 27, 2014, 07:32:35 AM
Quote from: UnitedColors on April 27, 2014, 07:16:04 AM
Hope no! It would bring the world's economy to an end.
Na it would just mean we have transitioned from a cash based society to a card based one and then onto a digital one with cash elements
Digital money is already very present but we are still using fiat currencies and outdated systems
The question is will we reach 1,000,000$ or not within 20years :
https://bitcointalk.org/index.php?topic=537916.100
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Lauda
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Re: Will 1 Bitcoin will Reach 1 million usd one day?
April 27, 2014, 02:29:35 PM
#284
Quote from: go4nature on April 27, 2014, 07:33:00 AM
One million for one bitcoin? You are crazy. For last 3000 years people crazy about gold. Still its price is very low. If bitcoin reaches $1000 i am happy man.
Gold isn't technologically advanced as Bitcoin.
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boumalo
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Re: Will 1 Bitcoin will Reach 1 million usd one day?
April 27, 2014, 02:39:31 PM
#285
Quote from: LaudaM on April 27, 2014, 02:29:35 PM
Quote from: go4nature on April 27, 2014, 07:33:00 AM
One million for one bitcoin? You are crazy. For last 3000 years people crazy about gold. Still its price is very low. If bitcoin reaches $1000 i am happy man.
Gold isn't technologically advanced as Bitcoin.
Gold has a few advantages that Bitcoin doesn't have though such as an history of store of value and medium of exchange in human history
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culexevilman
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Bitcoin is too valuable to be used as a currency
Re: Will 1 Bitcoin will Reach 1 million usd one day?
April 27, 2014, 03:04:38 PM
#286
Yeah it would and by that time, a meal would cost 100k USD
boumalo
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Re: Will 1 Bitcoin will Reach 1 million usd one day?
April 27, 2014, 05:04:53 PM
#287
Quote from: culexevilman on April 27, 2014, 03:04:38 PM
Yeah it would and by that time, a meal would cost 100k USD
A market cap of 1,400billions would set the price of btc to 100,000USD
The hyperinflation could do the rest of the job
(
https://bitcointalk.org/index.php?topic=537916.100
)
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Monkey1
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Re: Will 1 Bitcoin will Reach 1 million usd one day?
April 27, 2014, 06:11:13 PM
#288
Could do!! A lot needs to improve first, but its possible. By then the units will have changed anyway.
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Salmon1989
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Re: Will 1 Bitcoin will Reach 1 million usd one day?
April 27, 2014, 06:20:00 PM
#289
Quote from: boumalo on April 27, 2014, 05:04:53 PM
Quote from: culexevilman on April 27, 2014, 03:04:38 PM
Yeah it would and by that time, a meal would cost 100k USD
A market cap of 1,400billions would set the price of btc to 100,000USD
The hyperinflation could do the rest of the job
(
https://bitcointalk.org/index.php?topic=537916.100
)
With hyperinflation, it would be easy to reach 1 mil USD lol.
http://en.wikipedia.org/wiki/Hyperinflation_in_Zimbabwe
"apart from a trip to another country, the black market was the only option for almost all goods, and bread might cost Z$10 billion."
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boumalo
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Re: Will 1 Bitcoin will Reach 1 million usd one day?
April 27, 2014, 07:11:54 PM
#290
Quote from: Salmon1989 on April 27, 2014, 06:20:00 PM
Quote from: boumalo on April 27, 2014, 05:04:53 PM
Quote from: culexevilman on April 27, 2014, 03:04:38 PM
Yeah it would and by that time, a meal would cost 100k USD
A market cap of 1,400billions would set the price of btc to 100,000USD
The hyperinflation could do the rest of the job
(
https://bitcointalk.org/index.php?topic=537916.100
)
With hyperinflation, it would be easy to reach 1 mil USD lol.
http://en.wikipedia.org/wiki/Hyperinflation_in_Zimbabwe
"apart from a trip to another country, the black market was the only option for almost all goods, and bread might cost Z$10 billion."
Right but I think bitcoin has the potential to reach a price into the 5digits in 2014 USD within 2years
Free BTC every hour, casino, trusted since 2014, savings account 4,08%/y -
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