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Author Topic: Do you really believe that Bitcoin will hit 1,000,000  (Read 16996 times)
Swordsoffreedom
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August 19, 2014, 05:44:30 AM
 #201

If it ever goes back to $600 I would be surprised

That's not a big stretch lol
I am pretty sure we will see 600 fairly soon but after this price drops a bit more.
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August 19, 2014, 05:45:53 AM
 #202

$600 is likely in December.
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August 19, 2014, 01:31:12 PM
 #203

Do you really believe that Bitcoin will hit 1,000,000

analyses never ends

1,000,000 what? USD? NO. people are hyping something like usual, its not far fetched to say it will be worth thousands. but there are other things that are way more stable. if btc goes up to 1,000,000 no one will be ab le to cash it out into fiat or anything. think about that. no place would have enough fiat to buy a btc for 1,000,000 each it would be insane. that would mean bit pay turns into a multi billion dollar company which is scray also because btc is supposed to decentralize things.



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Capt Drake
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August 19, 2014, 02:13:52 PM
 #204

Do you really believe that Bitcoin will hit 1,000,000

analyses never ends

1,000,000 what? USD? NO. people are hyping something like usual, its not far fetched to say it will be worth thousands. but there are other things that are way more stable. if btc goes up to 1,000,000 no one will be ab le to cash it out into fiat or anything. think about that. no place would have enough fiat to buy a btc for 1,000,000 each it would be insane. that would mean bit pay turns into a multi billion dollar company which is scray also because btc is supposed to decentralize things.

But if, if it might reach 1,000,000 USD, then the companies that do the "middle man" stuff like BitPay and Coinbase wouldn't be necessary anymore, because most companies would transact directly from wallet to wallet.
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August 19, 2014, 02:57:30 PM
 #205

lmfao you people are so stupid and delusional. bitcointalk probably has the highest number of delusional/retarded members in history.
Bitcoin will never hit 1,000,000$ just think about all the people who have at least 1 bitcoin, you think anything in this world allows 10000000+ people to become millionaires effortlessly? That's not how the world works.
Stick on thinking if it'll ever get back to 1000$ which i seriously doubt seeing how much it has dropped recently.

if the rich would stop becoming even reacher, and spread some money, 1M isn't so unrealistic, but better rise per grade, first 10k(actually we need to return to 1k before that) then 100k and then we can talk about 1M
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August 19, 2014, 02:58:25 PM
 #206

Bitcoin will rise to 5 Million Dollar.
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August 19, 2014, 03:06:17 PM
 #207

Bitcoin will rise to 5 Million Dollar.

Yes and we will be all rich... 5 millions is impossible.
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August 19, 2014, 05:59:43 PM
 #208

As the exchange rate of bitcoin increase, its utility increase, so talking about bitcoin not reaching 1.000.000 because it current utility is not enough is wrong.

The points to considers are "what could prevent it from reaching this value".

Governments crack down on its use?
Regulations?
Technical issues.
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August 20, 2014, 11:25:53 AM
 #209

lmfao you people are so stupid and delusional. bitcointalk probably has the highest number of delusional/retarded members in history.
Bitcoin will never hit 1,000,000$ just think about all the people who have at least 1 bitcoin, you think anything in this world allows 10000000+ people to become millionaires effortlessly? That's not how the world works.
Stick on thinking if it'll ever get back to 1000$ which i seriously doubt seeing how much it has dropped recently.

if the rich would stop becoming even reacher, and spread some money, 1M isn't so unrealistic, but better rise per grade, first 10k(actually we need to return to 1k before that) then 100k and then we can talk about 1M

Bitcoin protocol can be copied to easily.

If I have a group of rich and wealthy friends, I might convince them to buy and sell using another coin or contract based system such as Ethereum to by pass all kind of government regulations.
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August 20, 2014, 12:07:15 PM
 #210

lmfao you people are so stupid and delusional. bitcointalk probably has the highest number of delusional/retarded members in history.
Bitcoin will never hit 1,000,000$ just think about all the people who have at least 1 bitcoin, you think anything in this world allows 10000000+ people to become millionaires effortlessly? That's not how the world works.
Stick on thinking if it'll ever get back to 1000$ which i seriously doubt seeing how much it has dropped recently.

if the rich would stop becoming even reacher, and spread some money, 1M isn't so unrealistic, but better rise per grade, first 10k(actually we need to return to 1k before that) then 100k and then we can talk about 1M

Bitcoin protocol can be copied to easily.

If I have a group of rich and wealthy friends, I might convince them to buy and sell using another coin or contract based system such as Ethereum to by pass all kind of government regulations.

Protocol can be copied. But other coins can not copy the network effect, marketing and position already in place for bitcoin.
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August 20, 2014, 12:47:34 PM
 #211

I don't think bitcoin will ever get anywhere near 1 million now. It's just too unreasonable. It's possible of course, but I still think it could become worth several thousands but we'd need a lot of adoption for that, so keep spreading the word guys.
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August 20, 2014, 03:56:43 PM
 #212

Once BTC destroys all the credit card companies and so on, we will see ridiculous prices.
painlord2k
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August 21, 2014, 10:48:01 AM
 #213

Just wait for the moment inflation in USD get higher than inflation in BTC.
Just a few weeks from now.
Then USD will start to pour in BTC again as  never before.
Big money will not start to put large sums in Bitcoin before the inflation rate differential get negative.
Why they should?

But as the differential become negative, the question become "Why they shouldn't".
truehold3r
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August 21, 2014, 12:00:34 PM
 #214

No I don't think we will see 1 million/btc but just in case I'm trying to earn one whole bitcoin...

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noel57
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August 21, 2014, 12:57:05 PM
 #215

 Bitcoin hitting the $1 million  mark looks mouth watering but the issue of hyperinflation is a considerable factor to be reckoned with.

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August 22, 2014, 09:17:01 AM
 #216

I dont think so, cause if cryptos will get popular, there is gonna be saturation by new gen. cryptos, before so much moeny will flow in BTC.
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August 22, 2014, 10:00:27 AM
 #217

in 100 -200 years from now if things do not change with wallets and people forget the password... them maybe cause there will only be so many bit coins....

so 1 sat could be worth $1


Now give me the pill to 500 year life ok.. then I could be rich..

Vericoins Here = VXCBhfbtwJDxnnQQRpUcpKKMwcsVGsT1AJ
LetsTalkBitcoin: http://ecoinincome.com.au/LetsTalkBitCoin.php
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August 22, 2014, 05:15:50 PM
 #218

Maybe in 2050 it will.
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August 22, 2014, 09:58:53 PM
 #219

Wedbush said it could happen  Cheesy

http://www.coindesk.com/wedbush-wall-street-sees-opportunity-bitcoins-volatility/

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August 23, 2014, 03:21:54 AM
 #220

lmfao you people are so stupid and delusional. bitcointalk probably has the highest number of delusional/retarded members in history.
Bitcoin will never hit 1,000,000$ just think about all the people who have at least 1 bitcoin, you think anything in this world allows 10000000+ people to become millionaires effortlessly? That's not how the world works.
Stick on thinking if it'll ever get back to 1000$ which i seriously doubt seeing how much it has dropped recently.

if the rich would stop becoming even reacher, and spread some money, 1M isn't so unrealistic, but better rise per grade, first 10k(actually we need to return to 1k before that) then 100k and then we can talk about 1M

Bitcoin protocol can be copied to easily.

If I have a group of rich and wealthy friends, I might convince them to buy and sell using another coin or contract based system such as Ethereum to by pass all kind of government regulations.
The BTC protocol has been copied by many altcoins and they have more or less become unsuccessful. People have also tried to make minor adjustments to the protocol with no success. The fact that the bitcoin network is so strong is what is making BTC successful. 
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