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Flashman
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March 29, 2014, 02:14:48 PM |
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One thing we might forget though, is that while it should become increasingly hard to manipulate the value of a Bitcoin, that the national currencies that it is benchmarked against are capable of being manipulated by national governments still.
For example, if bitcoin went to $10,000 and took a large portion of the international settlement market, and was stable there for a while, then an incoming administration (Can't really imagine the incumbents doing it) in the US might make it fiscal policy to peg the dollar TO the bitcoin at a constant 100 uBTC (0.1mBTC) to the dollar.
In which case, we'd never see $1,000,000 per BTC while that policy was in place, BUT we might be very happy with what $10,000 would buy after a few years of that...
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TL;DR See Spot run. Run Spot run. .... .... Freelance interweb comedian, for teh lulz >>> 1MqAAR4XkJWfDt367hVTv5SstPZ54Fwse6
Bitcoin Custodian: Keeping BTC away from weak heads since Feb '13, adopter of homeless bitcoins. |
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rohnearner
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March 29, 2014, 02:21:46 PM |
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Its at 400 now.
It's not at 400 and haven't been, which exchange site are you using? Atleast bitstamp is around 500~. I think he just meant it hit the 4xx mark and he's not completely wrong it may hit the 400$ mark too .. :p we never know it might hit the 10k$ mark too. this is the volatile nature of bitcoin . |
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apsvinet
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March 29, 2014, 04:19:59 PM |
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Its at 400 now.
It's not at 400 and haven't been, which exchange site are you using? Atleast bitstamp is around 500~. I think he just meant it hit the 4xx mark and he's not completely wrong it may hit the 400$ mark too .. :p we never know it might hit the 10k$ mark too. this is the volatile nature of bitcoin . Meh, it hasn't been very volatile lately has it? Been sinking with a few bucks per day for the last couple weeks, rose with like 90 one day. I want to see some big explosions, make it more interesting you know.  |
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xypos
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March 29, 2014, 09:51:48 PM |
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Will 1 Bitcoin will Reach 1 million usd one day? What is your opinion?
I will buy 1 btc then. If it reaches 1 million usd, I promise that I will give you 400 usd send me a pm by then. Best regards, |
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apsvinet
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March 29, 2014, 10:14:56 PM |
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Will 1 Bitcoin will Reach 1 million usd one day? What is your opinion?
I will buy 1 btc then. If it reaches 1 million usd, I promise that I will give you 400 usd send me a pm by then. Best regards, Good idea. Time to buy one. And forget about it for 10 years, see what happens. |
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wendall
Newbie
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Activity: 16
Merit: 0
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March 30, 2014, 04:15:55 AM |
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It is like day dreaming. It will never happen.
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Lucozade35
Newbie
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Activity: 46
Merit: 0
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March 30, 2014, 11:35:27 AM |
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Never say never so the answer is maybe, It all depends on how much the FED cartel devalues fiat.
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colocation
Newbie
Offline
Activity: 18
Merit: 0
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March 30, 2014, 12:16:04 PM |
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Never say never so the answer is maybe, It all depends on how much the FED cartel devalues fiat.
Why can't you never say never? Huh. You will never be Hitler, it is simply not possibly. "never say never" is plain stupid. Some things are impossible, and will never happen. |
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apsvinet
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March 30, 2014, 12:27:42 PM |
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Never say never so the answer is maybe, It all depends on how much the FED cartel devalues fiat.
Why can't you never say never? Huh. You will never be Hitler, it is simply not possibly. "never say never" is plain stupid. Some things are impossible, and will never happen. Not according to Justin Bieber, this guy is apparently a big fan. However, what if he changes his last name to Hitler, wouldn't that make him Hitler? |
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rohnearner
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March 30, 2014, 12:32:34 PM |
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Why can't you never say never? Huh.
You will never be Hitler, it is simply not possibly.
"never say never" is plain stupid. Some things are impossible, and will never happen.
You can become Hitler if you want too..! just change your name officially , and you'll be known as Hitler, But yeah I agree somethings are impossible, Like trying to explain bitcoins to a d!(khead ..! |
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apsvinet
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March 30, 2014, 12:33:23 PM |
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Why can't you never say never? Huh.
You will never be Hitler, it is simply not possibly.
"never say never" is plain stupid. Some things are impossible, and will never happen.
You can become Hitler if you want too..! just change your name officially , and you'll be known as Hitler, But yeah I agree somethings are impossible, Like trying to explain bitcoins to a d!(khead ..! Hahaha, beat ya to it!  Good thinking though! |
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rohnearner
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March 30, 2014, 12:39:45 PM |
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Hahaha, beat ya to it! Good thinking though! haha.. yeah you were a lil quicker then me  |
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roslinpl
Legendary
Offline
Activity: 2212
Merit: 1199
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March 30, 2014, 01:12:21 PM |
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It is like day dreaming. It will never happen.
Like we mentioned before, there is nothing impossible - just sometimes some specific things must happend in a same time  But there is a more chance that you are right. We will see at the end of bitcoin (perhaps we will be 6 feet under then) |
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st4nl3y
Legendary
Offline
Activity: 1050
Merit: 1000
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March 30, 2014, 02:35:41 PM |
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bitcoin is on the verge of collapse! we might have to see 1$ first, before we ever see 1mil, if ever.
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Sithara007
Legendary
Offline
Activity: 3234
Merit: 1344
Leading Crypto Sports Betting & Casino Platform
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March 30, 2014, 02:46:30 PM |
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Exchange rate of 1 million means a market cap of 21 trillion. That means market cap even greater than that of the USD. Not impossible, but incredibly difficult.
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Stanford
Member
Offline
Activity: 314
Merit: 10
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March 30, 2014, 04:55:54 PM |
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Will 1 Bitcoin will Reach 1 million usd one day? One day it will be 2 million usd!
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Flashman
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March 30, 2014, 05:08:43 PM |
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Exchange rate of 1 million means a market cap of 21 trillion. That means market cap even greater than that of the USD. Not impossible, but incredibly difficult.
Rate of dollar expansion was going exponential in 2010/11, last reliable figures we have from then seem to support the extrapolation that it has probably blown through 21 trillion by now. However, recent figures are being obscured, yes this should worry you. |
TL;DR See Spot run. Run Spot run. .... .... Freelance interweb comedian, for teh lulz >>> 1MqAAR4XkJWfDt367hVTv5SstPZ54Fwse6
Bitcoin Custodian: Keeping BTC away from weak heads since Feb '13, adopter of homeless bitcoins. |
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Sithara007
Legendary
Offline
Activity: 3234
Merit: 1344
Leading Crypto Sports Betting & Casino Platform
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March 30, 2014, 05:13:37 PM |
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Will 1 Bitcoin will Reach 1 million usd one day? One day it will be 2 million usd!
Lets first wonder about when we'll hit 1K again.  |
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AVATAR & PERSONAL TEXT Leading Crypto Sports Betting & Casino Platform Feel free to drop your doubts bellow Report to moderator ♠ ♥ ♣ ♦ ▬▬▬ ▬ Stake.com / Play Smarter ▬ ▬▬▬ ♠ ♥ ♣ ♦ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ L E A D I N G C R Y P T O C A S I N O & S P O R T S B E T T I N G Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here. Strongkored Legendary * Online Online Activity: 2072 Merit: 1061 View Profile Personal Message (Online) Trust: +0 / =0 / -0 Ignore Re: [OPEN]Stake.com NEW SIGNATURE CAMPAIGN l NEW PAYRATES l HERO & LEG ONLY May 31, 2022, 08:28:59 AM Reply with quote +Merit #2 Bitcointalk Username: strongkored Profile Link: https://bitcointalk.org/index.php?action=profile;u=640554Post Count: 5040 Forum Rank: Legendary Are you able to wear our Signature, Avatar & Personal Text? will wear upon receipt Stake |
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rohnearner
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March 30, 2014, 06:37:02 PM |
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Will 1 Bitcoin will Reach 1 million usd one day? One day it will be 2 million usd!
Lets first wonder about when we'll hit 1K again. exactly what i was saying..! it is floating around 450$mark today..! and might go down further..! might even touch 300mark..! we need something very strong to get back to 1k$ mark..! waiting game begins now..! |
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Kiki112
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March 30, 2014, 07:56:11 PM |
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Will 1 Bitcoin will Reach 1 million usd one day? One day it will be 2 million usd!
Lets first wonder about when we'll hit 1K again. exactly what i was saying..! it is floating around 450$mark today..! and might go down further..! might even touch 300mark..! we need something very strong to get back to 1k$ mark..! waiting game begins now..! Game of ThronesGame of Coins |
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