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Author Topic: Will 1 Bitcoin will Reach 1 million usd one day?  (Read 11384 times)
Acidyo
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April 08, 2014, 10:06:46 AM
 #201

Only scenario this could happen is if the whole world shits on fiat currency and decides to use btc for eveything.

We are approaching 7.5 b people soon: http://www.worldometers.info/world-population/

In 20-30 years there will be so many more, if everyone has decided to use btc, then sure, why not. But a lot of shit can happen til then. Btc may die, people may find something better than cryptos. Another coin might surpass btc and everyone will jump on it.
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April 08, 2014, 12:19:54 PM
 #202

It needs miracle, this is near impossible feat.
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April 08, 2014, 03:20:31 PM
 #203

It needs miracle, this is near impossible feat.

True indeed Smiley near to impossible is what I will suggest as a measure in this case Wink

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April 08, 2014, 03:31:36 PM
 #204

Only scenario this could happen is if the whole world shits on fiat currency and decides to use btc for eveything.

I don't think that is necessary. Fiat and Crypto can co-exist. Crypto can be used mostly for online transactions, while fiat can be used for the retail expenses. Rather than as rival, the bankers will begin to see crypto as an accessory.
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April 14, 2014, 09:07:42 AM
 #205

Hope i have a few when it hits 20k

please unban me.
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April 14, 2014, 03:23:44 PM
 #206

I doubt it will... It's like usd worth 300 times
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April 14, 2014, 03:59:58 PM
 #207

Hope i have a few when it hits 20k

Same felling Ive got Tongue
I am pretty sure it will hit 20k or more I just wonder how much I will manage to get till this time Cheesy

I was wondering can a price drop a little more while last panic sells Tongue
But ... Smiley good for Bitcoin - bad for us Tongue we cannot buy cheap coins anymore Tongue
~330 was a last bottom.
And now Smiley skyrocket is just in launch.
apsvinet
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April 15, 2014, 04:24:42 PM
 #208

Hope i have a few when it hits 20k
"When"? I like the attitude, but that's not even near yet, let's see what happens after it reaches 1k. Still hasn't hit 1,5 at all.

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April 16, 2014, 09:44:06 AM
 #209

I cant see reason why bitcoin will not have marketcap 1 trillion USD ( 48000USD=1 BTC) in 2015.

And then 2016-17 10 thrillion USD ( 1BTC = 480000 USD)

There are some offshore banks wit capit. 30 thrillion's USD.


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April 16, 2014, 10:30:30 AM
 #210

Sure. At least when the dollar crashes.

No signature ad here, because their conditions have become annoying.
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April 16, 2014, 12:50:34 PM
 #211

Sure. At least when the dollar crashes.
Exactly what I thought myself. Bitcoin could well be worth 1 million USD when the USD itself is worth a millionth of what it is today. Cheesy

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April 16, 2014, 02:35:33 PM
 #212

Sure. At least when the dollar crashes.

Or if inflation will be so huge Smiley that 1 bread will cost $10k Tongue


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April 16, 2014, 02:57:53 PM
 #213

Sure. At least when the dollar crashes.

Or if inflation will be so huge Smiley that 1 bread will cost $10k Tongue



Germany 2.0 perhaps?
Doubt any western country will see that big of an inflation again though, the people handling the economics aren't that stupid.

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April 19, 2014, 07:31:11 AM
 #214

I cant see reason why bitcoin will not have marketcap 1 trillion USD ( 48000USD=1 BTC) in 2015.

And then 2016-17 10 thrillion USD ( 1BTC = 480000 USD)

There are some offshore banks wit capit. 30 thrillion's USD.



Right now, the world GDP is around $75 trillion. In an optimal scenario we can expect Bitcoins to make up 1% of that by 2020. That means a market cap of $750 billion, up from $6.2 billion right now.
Sonny
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April 19, 2014, 09:39:45 AM
 #215

I cant see reason why bitcoin will not have marketcap 1 trillion USD ( 48000USD=1 BTC) in 2015.

And then 2016-17 10 thrillion USD ( 1BTC = 480000 USD)

There are some offshore banks wit capit. 30 thrillion's USD.



Right now, the world GDP is around $75 trillion. In an optimal scenario we can expect Bitcoins to make up 1% of that by 2020. That means a market cap of $750 billion, up from $6.2 billion right now.

1% of world GDP in 6 years? The target sounds possible to me. Grin
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April 19, 2014, 10:04:24 AM
 #216

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

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April 19, 2014, 05:08:31 PM
 #217

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


Haha, that's very accurate. If BTC reaches 1 million USD it'll be because the other currencies are no longer used to trade with.

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meliz98
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April 20, 2014, 07:09:13 AM
 #218

I'm sure when bitcoin reaches 1 million. Most would already sold their bitcoin when it reach 10k.  Smiley
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April 20, 2014, 07:20:09 AM
 #219

I'm sure when bitcoin reaches 1 million. Most would already sold their bitcoin when it reach 10k.  Smiley

Ha-ha that is so true although knowing Bitcoin some of them may get lucky and get it back at a lower price then sell and profit most of that way up anyways

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April 20, 2014, 11:03:29 AM
 #220

I won't be selling at 10K - I'm waiting for at least 50K, yes, I know I might never see it, but it's all or nothing for me Smiley

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