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

[ludofin]

For me "hard facts" are that many people, goverments & businesses are adapting bitcoins. The fact is for example, that authority like police, is every year auctioning bitcoins confiscated from criminal activities & goverments are already taxing it. Almost every economy specialist understands that nation based cash is too easily manipulated & forged.

I believe current value decrease is a phase that scares off most "normal" citizens from electronic currency, that it can be more distributed to big players of markets; to those 1-10% who are realizing they lost the big chance in the beginning to accumulate lots of electronic currency due ignorance. Digital currency & paying is already hard reality & it will be much more in the future.

Personal advice: Hold on & buy more if you have possibility to do without going bankcrupt in next few years.

Reminder: We are the ones creating the reality of economics, so if we decide something has a value & act according to it.. it will have a value.

[Lizzylove1]

With the level of awareness about bitcoin and too many financial crisis with nations of the world. I see no reason why a fast thinking people shouldn't own bitcoin. I hosted someone learning FX, and he told me his teacher asked him to buy into cryptocurrency by any means possible, so I will be tutoring him on it since his mentor just don't know much about cryptocurrency. It's the next big thing just like the internet.

[robelneo]

Here are some Bitcoin price predictions for 2020. Let's hope that the expectations come true.

https://coincodex.com/article/6028/top-bitcoin-price-predictions-for-2020-and-beyond/

These are experts and reputable in their industry although one of them had a bad reputation shilling bad ICO's, still, they have seen something that we have not seen from what could be the reasons on why they come out with that price, halving will have a long effect on the coming price in the next five years, honestly I have second thought on the $100k to $2 million but I'm just a holder and a believer, although I have come out with my analysis but still doesn't justify the price, I hope I'm wrong and they are all right.

[patroncito]

I have a question for everyone. Was 20,000 expected or even predicted in 2010??. If you have said that one single Bitcoin would be worth 20 thousand dollars in the next 20 years in 2010 people would just laugh and call you crazy, retarded and drug addict. Wake up!!!!!

Everyone is thinking in FIAT and stock market terms. Bitcoin is not a stock nor fiat.

[Firecold4]

I think $10.000.000 for one bitcoin is a value that is too high considering that many countries are blocking and making illegal bitcoin there even it's almost impossible to touch that value because in the next 10 years the bitcoin price range is only $ 100,000 - $ 250,000.

[patroncito]

I have a question for everyone. Was 20,000 expected or even predicted in 2010??. If you have said that one single Bitcoin would be worth 20 thousand dollars in the next 20 years in 2010 people would just laugh and call you crazy, retarded and drug addict. Wake up!!!!!

Everyone is thinking in FIAT and stock market terms. Bitcoin is not a stock nor fiat.

A Company may buy back it's stock.
A Government will support it's FIAT.

Who supports Bitcoin, A Nutjob named patroncito.

Bitcoin now in the $7K range, still dropping asshat.
Guess you don't have the FIAT to support it.

A Company can issue unlimited stock and dilute your ownership percentage, or even go bankrupt.

A Government control its fiat, print unlimited amounts and tax the hell out of you.

At the end of the day MFKRS like khaos will have to use Bitcoin after the above assets go to zero or go to the grocery store with bags of cash because of hyperinflation.

BTC adoption is increasing year after year.

Everybody knows that your arguments are baseless. fgt

BITCOIN STILL WAYY ABOVE THE S&P 500 YEAR TO DATE DUMBASS

[G_Besar]

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.

.

something that never knew even sure maybe it will happen ahead of the next 10 years not continuously the value of bitcoin will go up there will certainly be up and down, but for me personally if I already have more than enough profit it is satisfied for myself so I don't need to wait another 10 years because if I get what I want later, that's more than enough and I also think that if the value of bitcoin in the next 10 years increases, it really is beyond our logic, even true your word how the current financial system might collapse and they prefer bitcoin. we'll see in the future if that happens i'm sure no one can beat bitcoin even if there is indeed competition it is so heavy to shift bitcoin.

[HardFacts]

BTC adoption is increasing year after year.

Everybody knows that your arguments are baseless. fgt

BITCOIN STILL WAYY ABOVE THE S&P 500 YEAR TO DATE DUMBASS

Anything can beat the Stock Market when it is in a bubble, even Bitcoin.  It is great to be early in a bubble, people get rich from Pyramid Schemes all the time 💰💰💰💰   Bitcoin price is headed down, and its price is down way down over the past 2 years.  How is that  " Increasing Adoption " working out for you     But hey, if you have so much " faith ", make sure you mortgage your house, and put EVERYTHING last cent you have into bitcoin !!!

Bitcoin has ZERO intrinsic value, and the only thing that gives it value is what some greater FOOL will pay for it, just like any ponzi scheme.  Everyone here is so blinded by their greed that they will ignore facts and reason.   

You can ignore reality, but you can not ignore the consequences of ignoring reality  🤣🤣🤣🤣

Hard Facts

[icewitch0612]

I think that the price can still be about $100,00, but no more.

[patroncito]

BTC adoption is increasing year after year.

Everybody knows that your arguments are baseless. fgt

BITCOIN STILL WAYY ABOVE THE S&P 500 YEAR TO DATE DUMBASS

Anything can beat the Stock Market when it is in a bubble, even Bitcoin.  It is great to be early in a bubble, people get rich from Pyramid Schemes all the time 💰💰💰💰   Bitcoin price is headed down, and its price is down way down over the past 2 years.  How is that  " Increasing Adoption " working out for you    But hey, if you have so much " faith ", make sure you mortgage your house, and put EVERYTHING last cent you have into bitcoin !!!

Bitcoin has ZERO intrinsic value, and the only thing that gives it value is what some greater FOOL will pay for it, just like any ponzi scheme.  Everyone here is so blinded by their greed that they will ignore facts and reason.  

You can ignore reality, but you can not ignore the consequences of ignoring reality  🤣🤣🤣🤣

Hard Facts

Its funny how this kind of trolls try to talk down Bitcoin knowing that all they say is wrong ahahaha.

Bitcoin has been called a bubble since 10 dollars a coin. Anyways, your arguments have been proven wrong.

And you have not answered my question. From your point of view what is better than bitcoin?

[patroncito]

I have a question for everyone. Was 20,000 expected or even predicted in 2010??. If you have said that one single Bitcoin would be worth 20 thousand dollars in the next 20 years in 2010 people would just laugh and call you crazy, retarded and drug addict. Wake up!!!!!

Everyone is thinking in FIAT and stock market terms. Bitcoin is not a stock nor fiat.

A Company may buy back it's stock.
A Government will support it's FIAT.

Who supports Bitcoin, A Nutjob named patroncito.

Bitcoin now in the $7K range, still dropping asshat.
Guess you don't have the FIAT to support it.

A Company can issue unlimited stock and dilute your ownership percentage, or even go bankrupt.

A Government control its fiat, print unlimited amounts and tax the hell out of you.

At the end of the day MFKRS like khaos will have to use Bitcoin after the above assets go to zero or go to the grocery store with bags of cash because of hyperinflation.

BTC adoption is increasing year after year.

Everybody knows that your arguments are baseless. fgt

BITCOIN STILL WAYY ABOVE THE S&P 500 YEAR TO DATE DUMBASS

Does my Grocery Store accept Bitcoin?    NO
Does my Electric Utility accept Bitcoin?    NO
Does my Gas Station accept Bitcoin?       NO
Does my Doctor accept Bitcoin?              NO
Does my Government Accept Bitcoin?     NO
Does my Neighbors Accept Bitcoin?        NO
(They All ACCEPT FIAT!)

Ultra Dumbass Patroncito is so fucking clueless , the fact that in modern day life Bitcoin has close to Zero Acceptance.

Does the Electric Companies accept Bitcoin from the Miners, again HELL NO!

Bitcoin has failed as a currency, it only has ponzi speculation , which even that is failing.
Bitcoin lost another $400 since this morning, look to be in the $6K range next week.

Bubble burst at $20k, there are no dummies left to buy,
which is why asshats like Patroncito are trying to trick more people into pumping a dying bitcoin.


FYI: Suggestion
Hodlers should just refer to themselves as Money Bleeders.  

The new York stock exchange is trading Bitcoin?                   YES
Is Fidelity investments a Bitcoin custodian?                          YES
Is Bitcoin traded worldwide?                                               YES
Is Bitcoin traded in the intercontinental exchange?                YES
Are all fiat currecies going to hiperflation?                            YES
Are fiat currencies printed from nothing?                              YES
Is Microsoft getting involved in Bitcoin?                                YES
Is Starbucks getting Involved in Bitcoin?                              YES
Is Bitcoin Hashrate going up?                                              YES
Are Banks afraid of Bitcoin?                                                YES
is Bitcoin backed by math, cryptography and energy?           YES
Does Bitcoin gets you freedom?                                          YES
Is Khaos a idiot banker or central banker trying to scare people from Bitcoin?    YES

All of the people you mentioned will accept Bitcoin in a few years and they will laugh at you,

KEEP HODLING FIAT. YOU HAVE A 2% DECREASE IN YOU PURCHASING POWER EVERY YEAR GUARANTEED. NEXT YEAR 10% IN 2022 25% AND SO ON. IDIOT

[odolvlobo]

I have a question for everyone. Was 20,000 expected or even predicted in 2010??. If you have said that one single Bitcoin would be worth 20 thousand dollars in the next 20 years in 2010 people would just laugh and call you crazy, retarded and drug addict. Wake up!!!!!

Everyone is thinking in FIAT and stock market terms. Bitcoin is not a stock nor fiat.

Sure, $20k was unexpected, but I don't think anyone thought it was impossible. On the other hand, you can't provide any facts or numbers that might support your $10 million value. I can see the price potentially reaching $300k someday, and even $1 million because of speculation, but $10 million would be hard to justify.

If you could justify a $10 million price, then I would have to agree with you. But I don't think you can. You are fooling yourself with your wishful thinking and unrealistic expectations.

[BartS]

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.

10 years is simply too soon for that to happen, and regardless of when that happens at that point the value of bitcoin in fiat will become irrelevant.

No one will exchange their bitcoin for useless fiat that cannot buy anything, we will begin to use all forms of money that cannot be printed at will by the government, so I'm really expecting that gold will begin to be used as well during that time since gold is really the only form of money that can really compete against bitcoin.

[patroncito]

KEEP HODLING FIAT. YOU HAVE A 2% DECREASE IN YOU PURCHASING POWER EVERY YEAR GUARANTEED. NEXT YEAR 10% IN 2022 25% AND SO ON. IDIOT

DUMBASS!

Bitcoin $9267.56 on Nov 7th
Bitcoin $7642.75 on Nov 21st

In 14 days, Bitcoin Purchasing Power Decreased by 18%

Hate to break it to you , FIAT is beating the hell of bitcoin for the last 14 days.  

patroncito=dumbass nutjob

FYI:
Can someone who speaks dumbass, explain to this nutjob, the bitcoin price verse fiat is going down not up.
Because he fails to understand English.

You are now a clown. What about 10 years? 7800 dollara for one bitcoin and climbing......

[patroncito]

KEEP HODLING FIAT. YOU HAVE A 2% DECREASE IN YOU PURCHASING POWER EVERY YEAR GUARANTEED. NEXT YEAR 10% IN 2022 25% AND SO ON. IDIOT

DUMBASS!

Bitcoin $9267.56 on Nov 7th
Bitcoin $7642.75 on Nov 21st

In 14 days, Bitcoin Purchasing Power Decreased by 18%

Hate to break it to you , FIAT is beating the hell of bitcoin for the last 14 days.  

patroncito=dumbass nutjob

FYI:
Can someone who speaks dumbass, explain to this nutjob, the bitcoin price verse fiat is going down not up.
Because he fails to understand English.

Look how your bank shit and fiat garbage goes to the toilet....look https://www.usdebtclock.org/

[yulionoo]

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!

yes I agree with you I think the value of $ 10 million is too high and I think it is impossible to achieve in 10 years. and also not all countries can accept bitcoin. at this time only the developed countries accept bitcoin as the currency for payment. such as the United States, Japan, South Korea, Australia and others. third countries are still unable to accept bitcoin because they do not have the infrastructure and facilities that support crypto and are also rejected by the government. although many countries have accepted bitcoin but it will not make the price of a bitcoin bull up to $ 10 million. it's too high. I do not want to fantasize and expect too high on bitcoin.

[patroncito]

US debt clock was created in 1989, aka 30 years ago.
FIAT has been running the entire time, so no worries here.

You whined earlier that Governments can't confiscate bitcoin,

https://cointelegraph.com/news/markets-crash-after-reports-that-binances-shangai-office-closed-in-crypto-crackdown

Chinese authorities have reportedly raided and shut down the Shanghai offices of leading cryptocurrency exchange Binance.

Citing unnamed local sources, The Block says that local police have shut down Binance’s offices after raiding the premises.
Between 50–100 of the exchange’s employees reportedly worked out of the Shanghai location.

Why don't you fly to China and tell their government , that your bitcoin deity protects them from RAIDs and imprisonment.
Go Ahead wave your private key at them.

 


FYI:
The DoomsDay clock for world wide nuclear annihilation was created in 1947.
It was 7 minutes until destruction in 1947.
Now it is 2019, 72 years later, the world is still here.
The moral is don't believe all of the shock clocks people make up.  

FYI2:
Imagine if the Chinese Government , sells all of Binance Bitcoins that were held in the Shanghai office.
Bitcoin below $1K is not out of reach.
They could even use the proceeds to fund their Chinese crypto with Gold.
https://u.today/bitcoin-will-suffer-if-china-coin-gets-backed-by-gold-peter-schiff-responds-to-max-keiser

People will stop using banks once they realize that Bitcoin is a way better store of value and they have 100% control of their money.

People don't write paper letters anymore. They send emails and chat messages. Banks are post offices that will disappears and Bitcoin they they internet email.

[patroncito]

***THIS IS A MUST READ IF YOU ARE HODLING BITCOIN OR PLANNING TO BUY IT****


https://medium.com/swlh/bitcoin-halving-everything-you-need-to-know-4573dc5b528e

[todiboa]

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 do not think that Bitcoin can grow so much. You must understand that growth over a certain price mark will force billionaires to arrange a slaughter for Bitcoin and then only tyrants will take possession of the coin. Is this what we want? I think that Bitcoin will be moderately regulated and the price will be adequate so that everyone can buy some coins and with no war for the accumulation of coins

[HardFacts]

People will stop using banks once they realize that Bitcoin is a way better store of value and they have 100% control of their money.

People don't write paper letters anymore. They send emails and chat messages. Banks are post offices that will disappears and Bitcoin they they internet email.

You are WRONG, and make a really bad, fatal assumption. 

Crypto currency is the future of Money, yes, but it will NOT, NOT, NOT be bitcoin.   The future and what people will use will likely be a gold, oil, or government backed cryptocurrency.

Bitcoin is just as bad as FIAT, backed by NOTHING.

REALITY:   Bitcoin has been around for a long time, gotten lots of press and attention, and people are still NOT using it in place of fiat for transactions.  A few transactions by aficionados yes, but not on any significant level.  So you just going to ignore that unpleasant fact that proves you wrong

You can ignore reality, but you can not ignore the consequences of ignoring reality 🤣🤣🤣🤣