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Author Topic: The Case for a $10,000,000 Bitcoin  (Read 261 times)
Shasha80
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February 24, 2021, 01:37:03 AM
 #21

This is what makes it interesting from Bitcoin, because the Bitcoin price is proven to continue to rise. even when Satoshi Nakamoto created Bitcoin,
he wouldn't have expected it to reach $ 58k. I too, when Bitcoin dumped in 2018, did not expect the price of Bitcoin to recover and reach the high
price it is now. From my experience in the crypto world for 5 years, I have learned a lot that the price of Bitcoin cannot be stopped. So if anyone
predicts a price tag of $ 10 M, I wouldn't find it a joke. Because it could be true.

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AniviaBtc
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February 24, 2021, 04:33:46 AM
 #22

Nice article OP. I don’t think $10,000,000 per BTC is impossible at all. It won’t be in this cycle but in the next 10 years, sure. Never sell all your BTC, there is no asset like it. Even 1BTC can make you very wealthy in the next 10 years or so.

Absolutely, nothing is impossible in bitcoin when we believe in it no matter how long it takes.

Bitcoin will never fail us that's why as soon as possible, just hold your coins when you see a sudden increase in its price because that might help you have a much higher profit compared to the price where you sell it immediately. Don't do anything that you will regret afterwards so think before you act.

$10,000,000 seems impossible, but right now, this is a proof that bitcoin can reach different ATH and make history after 10 to 20 years.

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February 24, 2021, 04:45:48 AM
 #23

i hope it is true because i bought bitcoin at $520000 Angry

Just hold it. Though it has a huge retrace and dump huge from 57k usd down to 47k usd but there has a great chance that bitcoin is still gaining its strength to go bullish again.

And about that 10,000,000 worth of bitcoin. The thing is, it is possible if we will see it in the future like few decades from now. As you can see we are struggling for $50k steady or upwars price and yet we aren't at $100k yet. But since bitcoin just came from cents to dollar to thousands of dollars, in the future we will look forward that it hit $100k to $500k but I couldn't picture yet thar $10,000,000.
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February 24, 2021, 05:21:37 AM
 #24

A 10 million Bitcoin can be impossible viewing like it is right at this moment. Now, as to the future nobody can tell what can be. Maybe 20 years or 30 years from now when things are really so different we can be able to see BTC rising to as high as 10 million. However, judging based on other factors, I am not more inclined to think about this possibility, in case it can happen well and good, but I am not expecting it- in the first place I don't have a lot of Bitcoin stashed somewhere. Now, when this can happen we can then go back to that article and either laugh or cry.

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February 24, 2021, 05:41:40 AM
 #25

Nice article OP. I don’t think $10,000,000 per BTC is impossible at all. It won’t be in this cycle but in the next 10 years, sure. Never sell all your BTC, there is no asset like it. Even 1BTC can make you very wealthy in the next 10 years or so.
Not impossible but it is a difficult endeavor to be achieved. We haven't even reach the current dream of 100k USD per bitcoin so I don't think that we have to dwell on that. 10 years is a long time and hopefully we can realize that price or at the least reach a tenth of the 10m USD per bitcoin.

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February 24, 2021, 05:46:26 AM
 #26

OP, that was a "Wall" of text and in my opinion a bit overkill.... most people have a very short attention span and they are also lazy readers.. so the majority of the people will never read through the whole thing. (My suggestion will be for you to digest the same thing into something that would fit 1 page with several short paragraphs)  Wink

I also think, linking Bitcoin to a fiat currency value (US Dollar) might hide the fact that the Fiat currency might get over inflated with a huge crisis and hyper inflation will validate the claim that 1 Bitcoin might be worth $10 000 000 ...but what if that dollar is worth almost nothing. (Example : Zimbabwean Dollars)  Wink

Inflation and hyperinflation have to be brought into this whole equation... if you want to make wild predictions like this.  Wink

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February 24, 2021, 03:13:05 PM
 #27

Nice article OP. I don’t think $10,000,000 per BTC is impossible at all. It won’t be in this cycle but in the next 10 years, sure. Never sell all your BTC, there is no asset like it. Even 1BTC can make you very wealthy in the next 10 years or so.

Well, $10m per Bitcoin looks insane to me. It's not impossible, but certainly won't happen overnight. This could take years, if not, many decades before it becomes a reality. Maybe this will become a reality after all Bitcoins are mined by 2100? For what I know, everything is just pure speculation. I'm sure that many early adopters like you and me will become filthy rich once BTC hits $10m.

Regardless of Bitcoin's price in the future, there's no denying that 1 Bitcoin will always be equal to 1 Bitcoin. Measuring Bitcoin's value in terms of Fiat, greatly defeats its purpose. If people used Bitcoin directly for payments without focusing on its price relative to Fiat, things would've been much better. But I guess that greed comes first, as people only come to Bitcoin if it's valuable in terms of Fiat. By all means, no one knows what Bitcoin's true price is. All we can do is speculate. Just my opinion Smiley

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