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Author Topic: Will 1 Bitcoin will Reach 1 million usd one day?  (Read 11384 times)
zeeshanblc (OP)
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March 16, 2014, 02:00:55 AM
 #1

Will 1 Bitcoin will Reach 1 million usd one day? What is your opinion?
mindfulmojo
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March 16, 2014, 03:55:33 AM
 #2


Only when I use a $100 bill for toliet paper....

Don't laugh, it could happen.  Sad
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March 16, 2014, 06:40:23 AM
 #3

Only when Illuminati and freemason started to adopt bitcoin.

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mufa23
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March 16, 2014, 07:13:57 AM
 #4

Eventually, yes. The USA won't last forever... neither will the US Dollar. Bitcoin will eventually come to an end (someday) as well. But I think Bitcoin will outlast the US Dollar.

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March 16, 2014, 07:29:15 AM
 #5

It depends on how strong the foundation systems are
If Bitcoin is really broken down into satoshis and each one has a value then it is a possibility in the extreme
Colored coins etc.

Believing in Bitcoins and it's ability to change the world
MicroCC
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March 16, 2014, 09:51:54 AM
 #6


Only when I use a $100 bill for toliet paper....

Don't laugh, it could happen.  Sad

+1 Kill the Fed and end Debt based money systems!  Cool
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March 16, 2014, 10:24:24 AM
 #7


Only when I use a $100 bill for toliet paper....

Don't laugh, it could happen.  Sad


Oh yes, and it won't take very long to see it.

I just see that 1 Bitcoin now already worths over 42K Venezuela currency in an exchange.

If US gets super-inflation and USD becomes 24 times weaker than Venezuela currency at current price, then 1 Bitcoin will cost you USD $1 million

At that time, one satoshi will be worth $0.01  Grin
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March 16, 2014, 11:10:24 AM
 #8

1 million USD? I hope I don't see that day myself, as it means the country will be dead.  Smiley

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March 16, 2014, 02:07:09 PM
 #9

Maybe. Once it becomes mainstream in multiple countries around the world and gains a lot of users, it might reach that price. Maybe sometime in 2020.

MonkeyDOH
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March 16, 2014, 03:11:35 PM
 #10

There is a lot of business model starting to use Bitcoin this year so why not.
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March 16, 2014, 03:18:03 PM
 #11

Will 1 Bitcoin will Reach 1 million usd one day? What is your opinion?

I can bet that it will nnever hit 1m $

Or if a breed will cost399 $ then it is possible :-)

Or maybe you mean Zimbabwr dollars:-)

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jparsley
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March 16, 2014, 06:53:50 PM
 #12

Now That would bring the world to an end.

please unban me.
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March 16, 2014, 07:52:46 PM
 #13

Now That would bring the world to an end.

I thibk the same way ! If 1 BTC only will cost so much money it'd mean that fiat currency costs nothing as there is gonna be about 21K coins and if each of them will cost so much it would be the end of fiat money ! \
Can't see the end of fiat money without the end of the world as we know it
Luno
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March 16, 2014, 07:55:33 PM
 #14

Now That would bring the world to an end.
as cryptographers inherit the earth!
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March 16, 2014, 11:03:06 PM
 #15


Only when I use a $100 bill for toliet paper....

Don't laugh, it could happen.  Sad

Give me some usd now, I will give it back to you if that day happen Smiley

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March 16, 2014, 11:06:13 PM
 #16

1 million USD? I hope I don't see that day myself, as it means the country will be dead.  Smiley


  Not necessarily...

  when countries default on sovereign debt, the debt is almost always renegotiated in better terms. There is just some shuffling around of wealth.
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March 19, 2014, 09:21:53 AM
 #17

I dont think so Cheesy
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March 19, 2014, 09:25:35 AM
 #18

Could...yes, it is possible.
Would/Will... No clue. (and everyone else has none either)

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March 19, 2014, 10:58:16 AM
 #19

I can't imagine this will eve happened!
If in case it would really happen (that I doubt) won't it be difficult to use BTC? I mean if nowadays it is $600 per 1 btc, it would be difficult to use it, I mean if you need to pay like a small amount of money and so you should use like 0.000012 btc  only, unless we are going to talk not about BTC but minibitcoins
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March 19, 2014, 12:47:25 PM
 #20

well i think so

1 satoshi = 1 peni

Smiley

it would be great

there are some calculation for bitcoins value in future
try =EXP(0,006044*(number of days since 7.2010)-1,82447)

value 1BTC= 1.000.000,00 $ = september 2017


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