BItcoin: The path to $10,000,000 ten million dollars per coin

[patroncito]

Bitcoin is designed to be more scarce every single day while the population is almost required to increase its demand. Why? Because people will have to sell their failed fiduciary currencies per Bitcoin. The current financial system failed already and people will realize that Bitcoin is the only system to reset everything. Governments will try to create their centralized cryptocurrencies that will fail like the fiat due to hacks and the fact that people will prefer to use Bitcoin. Bitcoin is a blackhole that is swallowing every single fiat bill. 10 million dollars per coin is probably too conservative. People who dont own Bitcoin now will have to own in it later. Those who are acummulating BTC right now will be the richest people in the world. Bitcoin should hit that price in the next 10 years and there is nothing that could stop it.

[PointHope]

Bitcoin is designed to be more scarce every single day while the population is almost required to increase its demand. Why? Because people will have to sell their failed fiduciary currencies per Bitcoin. The current financial system failed already and people will realize that Bitcoin is the only system to reset everything. Governments will try to create their centralized cryptocurrencies that will fail like the fiat due to hacks and the fact that people will prefer to use Bitcoin. Bitcoin is a blackhole that is swallowing every single fiat bill. 10 million dollars per coin is probably too conservative. People who dont own Bitcoin now will have to own in it later. Those who are acummulating BTC right now will be the richest people in the world. Bitcoin should hit that price in the next 10 years and there is nothing that could stop it.

Indeed, 10 million is conservative whennya consider governments will have to bow to bitcoin  and  begin their own btc mining.
Russia government is already aiming to have 20% of the bitcoin mining capacity.

In the USA the federal reserve banksters wont go down without a fight, expect some more deep state dirty tricks like what they did to Ross Ulbricht.

[mk4]

Sure. Bitcoin could be worth that price or probably even more if people realize the importance of bitcoin in general and how it's a potentially great store of value, but I really doubt it will be in 10 years. For bitcoin to reach that price in such a timespan, the current financial system probably needs to collapse for people to be dumping their fiat into bitcoin.

[avikz]

It's not really a great idea to become overtly over optimistic. Rather it's important to understand the ground reality first! Governments around the world, will never adopt cryptocurrency as the main currency. No matter how many banks fail or how recession cripples our balls! If a reset in economy is ever required, it will be done by Gold and not bitcoin!

I personally would love to see bitcoin reaching 10 million because I would become a billionaire by then and probably be able to buy few lambos or Ferraris! But that's not going to happen!

Bitcoin will remain the king of the parallel economy like it is today. The adoption will increase with time so the value because bitcoin's supply will decrease at the same time! But 10 million dollars is just not achievable!

[BitcoinsGreat]

Bitcoin is designed to be more scarce every single day while the population is almost required to increase its demand. Why? Because people will have to sell their failed fiduciary currencies per Bitcoin. The current financial system failed already and people will realize that Bitcoin is the only system to reset everything. Governments will try to create their centralized cryptocurrencies that will fail like the fiat due to hacks and the fact that people will prefer to use Bitcoin. Bitcoin is a blackhole that is swallowing every single fiat bill. 10 million dollars per coin is probably too conservative. People who dont own Bitcoin now will have to own in it later. Those who are acummulating BTC right now will be the richest people in the world. Bitcoin should hit that price in the next 10 years and there is nothing that could stop it.

This analysis is too much optimistic and maybe not be taken seriously at the present time. I am not saying that it is impossible for bitcoin to reach $10,000,000 dollars but at the current time, this look like a childish statement.
For the last 2 years bitcoin failed to reach 19,800$ again and therefore we cannot expect bitcoin to rise ten million when it fails to cross small resistances like 10K, 15K etc. Nothing can be said with surety for the future prediction of the price.

[Reatim]

Bitcoin is designed to be more scarce every single day while the population is almost required to increase its demand. Why? Because people will have to sell their failed fiduciary currencies per Bitcoin. The current financial system failed already and people will realize that Bitcoin is the only system to reset everything. Governments will try to create their centralized cryptocurrencies that will fail like the fiat due to hacks and the fact that people will prefer to use Bitcoin. Bitcoin is a blackhole that is swallowing every single fiat bill. 10 million dollars per coin is probably too conservative. People who dont own Bitcoin now will have to own in it later. Those who are acummulating BTC right now will be the richest people in the world. Bitcoin should hit that price in the next 10 years and there is nothing that could stop it.

This analysis is too much optimistic and maybe not be taken seriously at the present time. I am not saying that it is impossible for bitcoin to reach $10,000,000 dollars but at the current time, this look like a childish statement.
For the last 2 years bitcoin failed to reach 19,800$ again and therefore we cannot expect bitcoin to rise ten million when it fails to cross small resistances like 10K, 15K etc. Nothing can be said with surety for the future prediction of the price.

it was just exaggerating mate dont take it seriously about the price but what we must look at this post is the greatness that will come for Bitcoin holders and investors.

its just the digits that got your attention but the essence was not.it can be 20k usd ot 1 million but the thing is how is the future going with bitcoin?as the financial system are really falling now and even the super power countries are having this trouble in economy and Yes,bitcoin will be the savior and that is the reality .

[Kakmakr]

I love your optimism, but I think you are wrong. We already have 1000s of other Alt coins out there and I think as Crypto currencies evolve, people would actually start creating some Alt coins with an actual use case. In the future we might see one Alt coin that goes mainstream for online gaming and another going mainstream for online Porn and this will reduce the amount of people who would be investing in Bitcoin.

Yes, Bitcoin will still be very prominent and the majority of the people would be using it, but the governments will never allow Bitcoin to be a reserve currency, because they want full control of their own reserve currency and Bitcoin are not controlled by a single country.  

[AniviaBtc]

Sure. Bitcoin could be worth that price or probably even more if people realize the importance of bitcoin in general and how it's a potentially great store of value, but I really doubt it will be in 10 years. For bitcoin to reach that price in such a timespan, the current financial system probably needs to collapse for people to be dumping their fiat into bitcoin.

In order for the bitcoin to rise again, you don't need a lot of year to wait just for that to happen. You yourself can also make a way on how to make bitcoin to reach $10M possible. Continue use bitcoin and promote it and advertise it in many situation for it to become more popular.

When it becomes popular, other cryptocurrency will become dominated by our bitcoin. It will lead to an increase in its demand and importance so many people will try to own a bitcoin. In trading, those who have it will have a higher chance of having a higher price which more or less $10M. So as soon as possible, it will happen. You don't need to wait for 10 years. Maybe 5 -8 years is enough.

[bounceback]

Governments will try to create their centralized cryptocurrencies that will fail like the fiat due to hacks and the fact that people will prefer to use Bitcoin. Bitcoin is a blackhole that is swallowing every single fiat bill. 10 million dollars per coin is probably too conservative.

maybe it will definitely happen in the future where bitcoin will touch 10 million and this is the time awaited by investors and bitcoin investments because we know bitcoin is a very unique coin among other coins that makes us very sure it will be worth, maybe now many people are starting to slowly adapt to bitcoin because they are now fed up with their finances which can be controlled by the government so they are always fooled by politicians and corrupt.

[CryptoBry]

Bitcoin is designed to be more scarce every single day while the population is almost required to increase its demand. Why? Because people will have to sell their failed fiduciary currencies per Bitcoin. The current financial system failed already and people will realize that Bitcoin is the only system to reset everything. Governments will try to create their centralized cryptocurrencies that will fail like the fiat due to hacks and the fact that people will prefer to use Bitcoin. Bitcoin is a blackhole that is swallowing every single fiat bill. 10 million dollars per coin is probably too conservative. People who dont own Bitcoin now will have to own in it later. Those who are acummulating BTC right now will be the richest people in the world. Bitcoin should hit that price in the next 10 years and there is nothing that could stop it.

I am also a firm believer in Bitcoin despite it not being perfect and its many perceived  inadequacies. I am sure that as we go along its real value will definitely be growing though the road to great heights will always be fraught with many dangers and discouraging challenges. Bitcoin is going to be tested with fire, typhoons and hailstorms before it can soar into the sky and be the symbol of the real freedom we are all yearning for. Now, so much for being sentimental, to be frank, getting into the 10 million mark can be taking a lot of decades if we have to base it with the way things are. Not that it can be the reason we have to give up, this should be encouraging all to continue the journey and take the cudgels of this fight.

[mk4]

In order for the bitcoin to rise again, you don't need a lot of year to wait just for that to happen. You yourself can also make a way on how to make bitcoin to reach $10M possible. Continue use bitcoin and promote it and advertise it in many situation for it to become more popular.

When it becomes popular, other cryptocurrency will become dominated by our bitcoin. It will lead to an increase in its demand and importance so many people will try to own a bitcoin. In trading, those who have it will have a higher chance of having a higher price which more or less $10M. So as soon as possible, it will happen. You don't need to wait for 10 years. Maybe 5 -8 years is enough.

You're missing the point. Popularity isn't the problem with bitcoin's adoption. I'm pretty sure majority of people have heard of bitcoin already. It's the knowledge of why we need bitcoin is missing. And for us to achieve that, I'm afraid people are going to learn the hard way: through hyperinflation. Now, how long would that take? No one knows, and it would differ from country to country. But globally, in less than 10 years? Still possible, but I don't think so.

[NeuroticFish]

I'm pretty sure majority of people have heard of bitcoin already. It's the knowledge of why we need bitcoin is missing. And for us to achieve that, I'm afraid people are going to learn the hard way: through hyperinflation.

Since people don't understand that their every day money value is decreasing over time indeed, hyperinflation of all the main currencies would be one possible way. (If it happens only for USD, people may switch to EUR or JPY instead of BTC).

We have to also reach the point we can buy or sell anything for Bitcoin directly. Then it will be an advantage everybody will see, much more visible than the "backup against inflation".

[odolvlobo]

... 10 million dollars per coin is probably too conservative. ...

$10,000,000 is ridiculous. How did you come up with that number?

$10,000,000 per coin means a total supply of $210 trillion. The base money of all the world's currencies plus the value of all the gold in the world doesn't even come close. So, even if Bitcoin replaces all the money and all the gold, it won't be worth $10,000,000 per coin.

[franky1]

yea i get it. blah blah blah if 1 sat is $1 then a whole btc could be worth $100m one day
yea i get it. blah blah blah if 10 sat is $1 then a whole btc could be worth $10m one day

blah blah blah
i feel people that say these large values are usually the ones that have a low amount of coin right now but dream of becoming millionaires from it.
eg
having 0.01btc ($80 currently) and are hoping to see it make them a millionaire if 1sat=$1
having 0.1btc ($800 currently) and are hoping to see it make them a millionaire if 10sat=$1

in short they are just posting their dream to see responses of how many people will validate their dream is a possibility

[gabmen]

Here we go again with the out of this world presumptions for btc. We'd like to believe that, but it's not going to happen. It's the same with the other thread that's asking what could lead to btc dropping to 5 dollars. These extremes unlikely to happen now or in the future. And i think most people who've been here for quite a time, are already aware that this is more than too good to expect.

[elisabetheva]

Here we go again with the out of this world presumptions for btc. We'd like to believe that, but it's not going to happen. It's the same with the other thread that's asking what could lead to btc dropping to 5 dollars. These extremes unlikely to happen now or in the future. And i think most people who've been here for quite a time, are already aware that this is more than too good to expect.

Believe that bitcoin will be as high as that price ?, as well as the opinions of colleagues above, what if bitcoin drops to $ 5 ? of course all are still in predictions and all can do that. and so far it has often happened, that predictions that have been said to be very can not happen, and too much expectations are too high.

[Shenzou]

Bitcoin is designed to be more scarce every single day while the population is almost required to increase its demand. Why? Because people will have to sell their failed fiduciary currencies per Bitcoin. The current financial system failed already and people will realize that Bitcoin is the only system to reset everything. Governments will try to create their centralized cryptocurrencies that will fail like the fiat due to hacks and the fact that people will prefer to use Bitcoin. Bitcoin is a blackhole that is swallowing every single fiat bill. 10 million dollars per coin is probably too conservative. People who dont own Bitcoin now will have to own in it later. Those who are acummulating BTC right now will be the richest people in the world. Bitcoin should hit that price in the next 10 years and there is nothing that could stop it.

It is true that eventually the financial system will collapse and governments would have to rebuild it again, but most of the normal people don't get to do anything about it, sure that they will realize that bitcoin is a good alternative but we live in a world that is controlled by governments, so any interactions between the system and the people that live in the country is all going to be using the currency issued by the government, you can take Zimbabwe and Venezuela for example where the local fiat has gone to the ground and people still use it be cause they don't have a choice.

[Dart18]

Optimism. A great help to forget about the current dip. 
It is a good thing though. It helps take out the madness specially for traders. 

We don't know what is in 10 years so it is difficult to just believe it. Although what you say are facts. Somewhere out there, when all is said and done and bitcoin stayed, we would see a great value for it.

[fuguebtc]

It's not really a great idea to become overtly over optimistic. Rather it's important to understand the ground reality first! Governments around the world, will never adopt cryptocurrency as the main currency. No matter how many banks fail or how recession cripples our balls! If a reset in economy is ever required, it will be done by Gold and not bitcoin!

I personally would love to see bitcoin reaching 10 million because I would become a billionaire by then and probably be able to buy few lambos or Ferraris! But that's not going to happen!

Bitcoin will remain the king of the parallel economy like it is today. The adoption will increase with time so the value because bitcoin's supply will decrease at the same time! But 10 million dollars is just not achievable!

That's indeed very correct. To come into main stream adoption BTC has to win war with central governments, which is certainly not easy. After that we can predict where BTC price will go.

[mk4]

Since people don't understand that their every day money value is decreasing over time indeed, hyperinflation of all the main currencies would be one possible way. (If it happens only for USD, people may switch to EUR or JPY instead of BTC).

In my opinion, in your example, it would be more of EUR or JPY ofor BTC. Just like in Venezuela, whereas even though majority are probably just using USD instead, I think it's pretty safe to assume that a significant amount of people held BTC also(along with the USD).