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

[Wintersoldier]

To the right of the decimal means lower value. If you are implying that something is worth less than 1 satoshi, or 0.0000 0001 ... then that implies too that the whole 1.0 BTC is also worth more.

Also if enough miners quit, then difficulty goes down. If difficulty isn't going down, then miners are not quitting.

I think the analogy suits best like this, if the difficulty goes down, that is the time miners will stay, and if the difficulty goes way up higher, that is the time miners could not afford the price and people aren't buying their bitcoin so the only option they have is to stop and to quit. But I highly think that miners won't they often dictates the market price and is too merely impossible to quit because they already established their mining facilities and it is hard to just let go of it.

[ConcreteRoses]

It won't get that high

[Wind_FURY]

The Trolls. They want Bitcoin to die because they believe their shitcoin can take over. They can't accept the truth that Bitcoin is carrying all their coins on its back. Bitcoin dies, your shitcoins also die. Reality.

[cryptobjarne]

I hope Bitcoin will become the most adopted currency, but unfortunately I don't think it will happen because of the the government.


Kind regards,

Bjarne
https://www.vibla.dk/

[HardFacts]

The Trolls. They want Bitcoin to die because they believe their shitcoin can take over. They can't accept the truth that Bitcoin is carrying all their coins on its back. Bitcoin dies, your shitcoins also die. Reality.

TYPICAL DISHONEST WAY TO DISMISS FACTS:  You REALLY claim to know my motivations    I do not own any other crypto currencies, and have no attachment to any of them. 

My motivations are actually much more simple and honest...   I would make the investment that would make me the most money in the quickest amount of time 💰💰💰💰   If I thought there would be a big spike in Bitcoin, I would be all in, and then take my profits.   

BUT, I do not see any value in Bitcoin beyond what some greater fool will pay for it.

Hard Facts

[Dabs]

Don't need fools to pay for it. Just demand from other normal people. You can say the same thing about all other stocks, bonds, and ETFs.

[Polar91]

By the way, I like your disposition about your hope for bitcoin to be one of the most valuable currency in the world. Moving on, fiats actually isn't failing or in some words, worthless at all. Basically, to accumulate bitcoin, what users are doing is converting their money to Bitcoin and I see, most people are seeing bitcoin as an investment platform and not really an effective payment option because of some reasons that we already know for sure (Trans fee). Despite of that, Achieving a huge amount like that seems to be impossible as for me, it takes all of the currencies mixed together converted to bitcoin to hit the goal. And not all of the country's government do really welcomes crypto in the first place.

[elisabetheva]

Will it realistically occur like this prediction? Of course many perceptions will arise with this question, but we must also be realistic about this. many people who will do things that do not make sense to accept this reality because that can not be accepted by the logic that arises from the incident.

[Youghoor]

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.

Considering the entire nature of Bitcoin and its ecosystem, there are huge possibilities that the market value of Bitcoin might be worth thousands of dollars but I don't really see it becoming worth millions. In as much that there is a specific total amount of Bitcoin to be in total circulation, that can't be an indication to conclude that 1 bitcoin might be worth 10 million dollars in some time to come.  Even if Bitcoin is worldwide adapted into the main stream financial ecosystem, its market value will not be up to millions.

[red4slash]

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.

Considering the entire nature of Bitcoin and its ecosystem, there are huge possibilities that the market value of Bitcoin might be worth thousands of dollars but I don't really see it becoming worth millions. In as much that there is a specific total amount of Bitcoin to be in total circulation, that can't be an indication to conclude that 1 bitcoin might be worth 10 million dollars in some time to come.  Even if Bitcoin is worldwide adapted into the main stream financial ecosystem, its market value will not be up to millions.

I also think that way, and if that is the case then I will look for other coin references because the high price makes me more careful because a small amount of bitcoin is definitely valuable. but I'm not entirely sure the price will be in the millions of dollars.

[sovie]

We are still confused that whether bitcoin will see cross its all-time high again or not and we have predictions that it will be 10 million dollars per coin. I don't think government bodies will ever let this happen. Nobody can predict the future price of bitcoin and its useless to follow such predictions that are backed by nothing.

[arimamib]

We are still confused that whether bitcoin will see cross its all-time high again or not and we have predictions that it will be 10 million dollars per coin. I don't think government bodies will ever let this happen. Nobody can predict the future price of bitcoin and its useless to follow such predictions that are backed by nothing.

true, we can not know that the price of a pump can be high again or not and if we remember that in 2017 a high pump occurs, many agencies want to drop it. maybe if the price really happened then it could be the same thing would happen too, but I didn't expect that the price would reach millions of dollars.

[KnightElite]

We are still confused that whether bitcoin will see cross its all-time high again or not and we have predictions that it will be 10 million dollars per coin. I don't think government bodies will ever let this happen. Nobody can predict the future price of bitcoin and its useless to follow such predictions that are backed by nothing.

true, we can not know that the price of a pump can be high again or not and if we remember that in 2017 a high pump occurs, many agencies want to drop it. maybe if the price really happened then it could be the same thing would happen too, but I didn't expect that the price would reach millions of dollars.

The guy who created this thread are really expecting too high. Is he day dreaming? It is really impossible to see that the bitcoin will pump like that. Right now, the price of bitcoin is having a hard time in surpassing its current resistance. We should be realistic if we want to buy bitcoin. A million dollar per each is really impossible to achieve right now because bitcoin is still undergoing to some government regulations and compliances.

[HardFacts]

Don't need fools to pay for it. Just demand from other normal people. You can say the same thing about all other stocks, bonds, and ETFs.

ABSOLUTELY WRONG  👎🏽👎🏽👎🏽👎🏽   Never listen to anyone that makes bad, false statements like this...

Stocks are in a bubble, and a bad investment, BUT, they do have a real company backing them up.  You are buying part of a company, something that creates real wealth  Stocks are not just a worthless thing that gets is only value based on what some greater fool will pay for it.   

Yeah, there are a LOT of bad investments out there,  so that your reason to suggest everyone buy into another bad investment  🤣🤣🤣🤣   Listen to fools like Dabs 🙈🙈🙈🙈  and you will lose a lot of money.

Hard Facts

[Railai]

I hope Bitcoin will become the most adopted currency, but unfortunately I don't think it will happen because of the the government.


Kind regards,

Bjarne
https://www.vibla.dk/

indeed, very true and is nothing we can do about it! even more the main problem of bitcoin is that can't be used for micro payments. and also it cant be used generally because of the volatility and lack of regulations, but how can you force a regulation on such a network?

[Wind_FURY]

The trolls claiming "Ponzi", but ignore the fact that real energy, with real costs were spent to earn it. Is gold a Ponzi?

[ereborltc]

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.

Hope is beautiful and the reality is cruel. At present, governments of many countries are suppressing digital currencies. I think the price of Bitcoin is difficult to reach this height.

[patroncito]

UNLIMITED FIAT PRINTING + LIMITED AMOUNT OF BITCOINS + INCREASING BITCOIN DEMAND + DECREASING BITCOIN SUPPLY = 10 MILLION DOLLARS PER BITCOIN

My Hard Facts Coins are very limited in supply, only 1000 of them will ever exist  🤣🤣🤣🤣    A limited supply of something that is worth virtually ZERO does not make it more valuable.  

There is no significant bitcoin demand, price keeps slowly going DOWN.

Bitcoin supply is not decreasing, there are an UNLIMITED number of crypto currencies that can be created, that can have the same or even better properties than bitcoin.   It is easier and faster to make Crypto Currencies than it is to create FIAT money.

Being first means NOTHING.    Anyone still want the first Cellphone ever made   Anyone want the first computer ever made   Are they the most valuable items now    Soon enough, no one will know or care which Crypto Currency was first.

I would trust the FEDERAL RESERVE, and the US DOLLAR to hold some value much more than I would ever trust bitcoin.   At least the Federal Reserve does not deletes posts, move posts to where they will never be seen, or otherwise CENSOR people like the bitcoin community does 🤐🤐🤐🤐    Given what I have experience here, the Bitcoin community is only inserted in pumping up the price of Bitcoin, and is more corrupt than the Federal Reserve and Wall Street Banks have ever been....

Hard Facts

....then you are doomed

[patroncito]

We are still confused that whether bitcoin will see cross its all-time high again or not and we have predictions that it will be 10 million dollars per coin. I don't think government bodies will ever let this happen. Nobody can predict the future price of bitcoin and its useless to follow such predictions that are backed by nothing.

true, we can not know that the price of a pump can be high again or not and if we remember that in 2017 a high pump occurs, many agencies want to drop it. maybe if the price really happened then it could be the same thing would happen too, but I didn't expect that the price would reach millions of dollars.

The guy who created this thread are really expecting too high. Is he day dreaming? It is really impossible to see that the bitcoin will pump like that. Right now, the price of bitcoin is having a hard time in surpassing its current resistance. We should be realistic if we want to buy bitcoin. A million dollar per each is really impossible to achieve right now because bitcoin is still undergoing to some government regulations and compliances.

You would have said the same when bitcoin consolidated between $1.80 and $2.50......it went to 20,0000

[HardFacts]

The trolls claiming "Ponzi", but ignore the fact that real energy, with real costs were spent to earn it. Is gold a Ponzi?

ENERGY, INVESTMENT, and EFFORT are wasted all the time with nothing of value returned...  Just because you put time and energy into something does NOT make it valuable.  This is grade school level stuff here, the fact that you are missing such basic logic and intellect tells me that you are so anxious to become rich, that you are ignoring facts and reality...  A lot of time, and effort went into many bust projects that are worth zero.

Gold is real, with many real uses and properties in the REAL world.  No comparison to Bitcoin that has ZERO value or use beyond what some greater fool is willing to pay for it.  

A lot of Ponzi Schemes have made a lot of people rich if you are smart enough to get in early, but the Ponzi Schemes make a lot more people bankrupt when they collapse 🤣🤣🤣🤣

Hard Facts