MUFC
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April 20, 2014, 11:10:06 AM |
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I dont think 1 million will ever be realistical. Maybe 10s of thousands at the most.
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bryant.coleman
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April 20, 2014, 11:24:52 AM |
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I dont think 1 million will ever be realistical. Maybe 10s of thousands at the most.
I will not say it is theoretically impossible. But have to concede that in the next 10 or 20 years, it might be unrealistic. After some 20 years, who knows? Either the Bitcoin will die out completely, or it will start to replace the fiat!
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Gervais
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April 20, 2014, 11:26:09 AM |
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I dont think 1 million will ever be realistical. Maybe 10s of thousands at the most.
I will not say it is theoretically impossible. But have to concede that in the next 10 or 20 years, it might be unrealistic. After some 20 years, who knows? Either the Bitcoin will die out completely, or it will start to replace the fiat! I think it wont ever reach a million or whatever unless it becomes pretty much mainstream. Something else might have come along by then though,
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Rampton
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 20, 2014, 11:47:41 AM |
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I dont think 1 million will ever be realistical. Maybe 10s of thousands at the most.
I will not say it is theoretically impossible. But have to concede that in the next 10 or 20 years, it might be unrealistic. After some 20 years, who knows? Either the Bitcoin will die out completely, or it will start to replace the fiat! I think it wont ever reach a million or whatever unless it becomes pretty much mainstream. Something else might have come along by then though, If Bitcoin became available to spend on the highstreet and for stuff like everyday items and cars etc then a million would be possible, but not unless that happens.
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MUFC
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April 20, 2014, 11:53:39 AM |
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I dont think 1 million will ever be realistical. Maybe 10s of thousands at the most.
I will not say it is theoretically impossible. But have to concede that in the next 10 or 20 years, it might be unrealistic. After some 20 years, who knows? Either the Bitcoin will die out completely, or it will start to replace the fiat! I think it wont ever reach a million or whatever unless it becomes pretty much mainstream. Something else might have come along by then though, If Bitcoin became available to spend on the highstreet and for stuff like everyday items and cars etc then a million would be possible, but not unless that happens. Well I hope you are right as that would be pretty cool but I'm not sure it will happen.
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Rampton
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 20, 2014, 11:54:28 AM |
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I dont think 1 million will ever be realistical. Maybe 10s of thousands at the most.
I will not say it is theoretically impossible. But have to concede that in the next 10 or 20 years, it might be unrealistic. After some 20 years, who knows? Either the Bitcoin will die out completely, or it will start to replace the fiat! I think it wont ever reach a million or whatever unless it becomes pretty much mainstream. Something else might have come along by then though, If Bitcoin became available to spend on the highstreet and for stuff like everyday items and cars etc then a million would be possible, but not unless that happens. Well I hope you are right as that would be pretty cool but I'm not sure it will happen. It's not impossible. but I guess unlikely. Keep spreading the word and you never know.
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apsvinet
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April 20, 2014, 12:04:30 PM |
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When Bitcoin reaches that value the USD wont be needed for anything in the world anymore. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Rampton
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April 20, 2014, 12:10:11 PM |
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When Bitcoin reaches that value the USD wont be needed for anything in the world anymore. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Maybe for toilet paper lol.
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dogefirat
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April 20, 2014, 12:16:19 PM |
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Not before the end of the year
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MUFC
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April 20, 2014, 12:19:18 PM |
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Not before the end of the year
lol I think youre being a bit optimistical there.
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Rampton
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April 20, 2014, 12:20:12 PM |
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Not before the end of the year
lol I think youre being a bit optimistical there. Only a bit? More like very optimistical.
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Holm
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April 20, 2014, 12:22:25 PM |
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possible on this year 500-700$
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Gervais
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April 20, 2014, 12:32:33 PM |
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possible on this year 500-700$
It's already around $500. Hopefull it'll break over 1000 again before the end of the year,.
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vnvizow
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April 20, 2014, 12:34:50 PM |
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Hope not, the market wouldn't be really stable after that (keep in mind the lowest possible unit of Bitcoin is 0.00000001(ten millionth))
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MUFC
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April 20, 2014, 12:37:44 PM |
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Hope not, the market wouldn't be really stable after that (keep in mind the lowest possible unit of Bitcoin is 0.00000001(ten millionth))
It would be exciting if it did happen, but I agree very unstable. Itd probably crash back down straight away.
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apsvinet
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April 20, 2014, 12:48:19 PM |
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Hope not, the market wouldn't be really stable after that (keep in mind the lowest possible unit of Bitcoin is 0.00000001(ten millionth))
It would be exciting if it did happen, but I agree very unstable. Itd probably crash back down straight away. Which is exactly the nature of the bitcoin, and that is also what makes it fun at the moment. Stability will be good in the future, but for now, the more explosions the better, imho. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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pinksheep
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April 20, 2014, 12:50:55 PM |
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just wish it'd hurry up & explode, it's been all downhill since I bought (and no I didn't buy at $1,200) ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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bryant.coleman
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April 20, 2014, 12:55:13 PM |
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When Bitcoin reaches that value the USD wont be needed for anything in the world anymore. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Alternatives such as Bitcoin are necessitated because the US Dollar is becoming worthless. Soon it will be worth even less than the paper on which it is printed. Obama and Bernanke are printing more and more bills, like a competition is going out there. If Bitcoin can beat the other alternatives, it will become mainstream.... else.....
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MUFC
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 20, 2014, 12:57:49 PM |
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When Bitcoin reaches that value the USD wont be needed for anything in the world anymore. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Alternatives such as Bitcoin are necessitated because the US Dollar is becoming worthless. Soon it will be worth even less than the paper on which it is printed. Obama and Bernanke are printing more and more bills, like a competition is going out there. If Bitcoin can beat the other alternatives, it will become mainstream.... else..... I doubt it'll become worthless, but they certainly have the means to do it.
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bryant.coleman
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April 20, 2014, 01:01:57 PM |
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I doubt it'll become worthless, but they certainly have the means to do it.
It will really become worthless, if Obama stays in power for two more years. Right now the public debt is $17 trillion+ and the GDP is $15.7 trillion. That means that the debt is already more than the GDP. It can't stay like that for long.
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