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Author Topic: BItcoin: The path to $10,000,000 ten million dollars per coin  (Read 3066 times)
trickshot22
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January 03, 2020, 09:11:41 PM
 #321

In our generation mate, that's never going to happen, it's too much to hope and not realistic, I think 1 million is enough. The amount of $10,000,000 is very high, look if the $10 million bitcoin is multiplied to $10 million. Even the world's total value of money won't get closer to that amount, so I think that's exaggerated.
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January 03, 2020, 09:36:34 PM
 #322

You know I think with the world war rumors spurring up , they will soon be very important commodity , because in the time of war and famine one should understand the normal governmental body is set to collapse , so I think soon enough the bitcoins and other cryptocurrencies are going to be super important and the way it is maintaining it's value above 7k shows that in the future we can see a pretty big move .

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January 03, 2020, 09:39:04 PM
 #323

The price of $10 million could be reached in the next few years, we see that currencies have different exchange rates in each world. So if one day Bitcoin and crypto currencies are legalised in all countries in official currency, it will look so good. A value of $10 million will be reached if all nations use only one currency and have the same value, no more countries will be in debt or in crisis. Hopefully bitcoin has potential for this

 
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Diirtmaan
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January 03, 2020, 09:42:41 PM
 #324

You know I think with the world war rumors spurring up , they will soon be very important commodity , because in the time of war and famine one should understand the normal governmental body is set to collapse , so I think soon enough the bitcoins and other cryptocurrencies are going to be super important and the way it is maintaining it's value above 7k shows that in the future we can see a pretty big move .


But I would not want Bitcoin to grow precisely because of the cause of the war. In fact, it is very sad to see, because such conflicts are not needed by the civilized world. I would like to see the growth of Bitcoin and its dominance over fiat money because of its features and not due to the fact that during a possible war, a coin can become a means of survive
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January 03, 2020, 11:59:10 PM
 #325

Bitcoin is still a viable option even though it's virtual: “It will be an easy decision for many investment managers to make the decision to allocate at least 1% of their portfolio value in BTC. It's because? It's simple. If you have a portfolio of $ 10 million and invest $ 100,000 in Bitcoin, that value is worth 1% of the capital. If Bitcoin fails, this portfolio will lose only 1% of its value. Between 3 and 5 years, this is a percentage that most portfolios can bitter. But if Bitcoin succeeds, in 7 to 10 years that $ 100,000 could be worth over $ 25,000,000. This is more than twice the size of the entire portfolio. The big mistake someone would make today would be to buy an amount of Bitcoin you can't afford to lose. But an even bigger mistake would be to have no Bitcoin. ”
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January 05, 2020, 01:13:54 AM
 #326

Bitcoin is still a viable option even though it's virtual: “It will be an easy decision for many investment managers to make the decision to allocate at least 1% of their portfolio value in BTC.

You are missing the OBVIOUS...   Investment managers are NOT investing in bitcoin, so no matter how much you want it to be true, it is simply NOT HAPPENING. 

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

Hard Facts
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January 05, 2020, 10:38:12 AM
 #327

You know I think with the world war rumors spurring up , they will soon be very important commodity , because in the time of war and famine one should understand the normal governmental body is set to collapse , so I think soon enough the bitcoins and other cryptocurrencies are going to be super important and the way it is maintaining it's value above 7k shows that in the future we can see a pretty big move .

With this development of events that you are talking about, you really need an alternative for fiat money and in this situation, cryptocurrency can really replace all national currencies if the whole world is drawn into a war.  But you need to take into account the fact that in very difficult situations in the world even the Internet can cease to exist and then the use of cryptocurrencies will be impossible.
Undoubtedly, if Bitcoin is the only international payment instrument and its demand in the world increases, then it is quite possible that its price will rise tens of thousands of times.
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January 05, 2020, 02:39:45 PM
 #328

You know I think with the world war rumors spurring up , they will soon be very important commodity , because in the time of war and famine one should understand the normal governmental body is set to collapse ,


That is why Central Banks and governments are buying as much GOLD as they can 💰💰💰💰    ZERO are buying Bitcoin.   If things get bad, you will see people flee speculative assets such as bitcoin as bubbles start to burst.   The price of a bitcoin will drop like a rock 📉📉📉📉

Hard Facts
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January 05, 2020, 03:57:55 PM
 #329


I just want to agree on this one. This is more realistic view of what is happening today. The post is more on optimistic one, there is no harm on setting our mind on greater things but the most important thing is we are doing something to make the impossible possible. On our own little ways, we can figure it out. Although there are many factors to consider, this is still possible.

Investing EMOTIONALLY is utterly stupid  🙈🙈🙈

The market does not care about what you WANT.   Many people have lost their homes, lost everything by making bad investments.  Invest in a downward performing asset, and there will be NOTHING you can do to stop losing your money.

You can ignore reality, but you can not ignore the CONSEQUENCES of  ignoring reality.    I would love to see the look on your face when the cold hard truth punches you in the face, and you realize that investing on hope was a really stupid idea.

Hard Facts
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January 07, 2020, 04:18:14 PM
 #330


I just want to agree on this one. This is more realistic view of what is happening today. The post is more on optimistic one, there is no harm on setting our mind on greater things but the most important thing is we are doing something to make the impossible possible. On our own little ways, we can figure it out. Although there are many factors to consider, this is still possible.

Investing EMOTIONALLY is utterly stupid  🙈🙈🙈

The market does not care about what you WANT.   Many people have lost their homes, lost everything by making bad investments.  Invest in a downward performing asset, and there will be NOTHING you can do to stop losing your money.

You can ignore reality, but you can not ignore the CONSEQUENCES of  ignoring reality.    I would love to see the look on your face when the cold hard truth punches you in the face, and you realize that investing on hope was a really stupid idea.

Hard Facts

Ok. go and massage peter shiff balls. Bitcoin hodlers are used to read this kind of baseless, stupid bullshit from goldbugs and Bitcoin haters.

Bitcoin always win at the end.



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January 07, 2020, 04:34:29 PM
 #331

These predictions are getting more and more ridiculous by the day. I have seen predictions for 25K per coin, 50K per coin, 100K per coin and even 1 million per coin. But this is the first time I have seen such an insane prediction of $10 million per coin. At this rate, the market capitalization of Bitcoin would be $200 trillion, which would represent 2/3rd of all the wealth in the world.
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