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Author Topic: Do you really believe that Bitcoin will hit 1,000,000  (Read 17234 times)
giveBTCpls
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August 15, 2014, 09:53:41 PM
 #181

I think the maximum might be 50k $.

Maximum? The Winklevoss twins' conservative estimate is that much...  Grin
http://www.coindesk.com/cameron-winklevoss-bitcoin-price-40k/

When does the Winklevii expect these prices and based on what? I want to hear all the details. I don't have the knowledge to analyze these claims, but 40k seems tons to be reached anytime soon or ever?

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botany
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August 16, 2014, 12:35:45 AM
 #182

I think the maximum might be 50k $.

Maximum? The Winklevoss twins' conservative estimate is that much...  Grin
http://www.coindesk.com/cameron-winklevoss-bitcoin-price-40k/

When does the Winklevii expect these prices and based on what? I want to hear all the details. I don't have the knowledge to analyze these claims, but 40k seems tons to be reached anytime soon or ever?

No time frame given, but they believe market cap of bitcoin could reach $400 Bn.
Another link
http://www.forbes.com/sites/afontevecchia/2013/11/12/winklevoss-twins-say-bitcoin-market-to-hit-400b-urge-regulators-not-to-push-innovation-to-china/
tooil
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August 16, 2014, 08:20:57 AM
 #183

Given the reaction lately, think we will be lucky if BTC hit 800 ever again.
STforLife
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August 16, 2014, 08:38:25 AM
 #184

it wont happen, because when BTC will explode there will go money in better alternatives from cryptoworld, before BTC could reach that number.
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August 16, 2014, 10:01:26 AM
 #185

Some people are quite delusional to think that the price can go up to 1M when the price is still sitting at 500.

Many of us will be quite happy if it hit 1000 again.
gysca
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August 16, 2014, 01:34:00 PM
 #186

Some people are quite delusional to think that the price can go up to 1M when the price is still sitting at 500.

Many of us will be quite happy if it hit 1000 again.

yeah, don't dream too high, if someday hit 1k again, i think that's a fair price

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August 16, 2014, 01:55:40 PM
 #187

Do I believe bitcoin will hit $1,000,000?

It's more a matter of time than belief.

If bitcoin can average around 20% annual price appreciation, from today's price of $500, you're looking at roughly 50 yrs to see $1,000,000/btc in today's dollars.

After around 90 years, you're looking at $1,000,000,000.

Look at Berkshire stock price after a few decades averaging around 8% (I think) just crossed the $200,000 mark.

Dare to Dream.

edit typo, grammar
Bitbirdhunt
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August 16, 2014, 08:16:02 PM
 #188

It's certainly possible for BTC to hit 1,000,000. It went from 2 to 500-600 in 1-2 years. That's insane. It could easily jump whenever.
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August 17, 2014, 10:35:46 AM
 #189

Yes in 100 years maybay 21 Mio People Pay 1 Mio Dollar  Cheesy
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August 18, 2014, 10:38:44 AM
 #190

Right now USD 1,000,000 seems very, very far away.

Current price = 478
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August 18, 2014, 11:07:27 AM
 #191

Some people are quite delusional to think that the price can go up to 1M when the price is still sitting at 500.

Many of us will be quite happy if it hit 1000 again.

Two years ago they would laugh at you when you said bitcoin would be worth $100

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August 18, 2014, 05:23:03 PM
 #192

It's a necessity that it hits 1M if it gets fully accepted by 1st world countries alone.
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August 18, 2014, 06:07:53 PM
 #193

The alltime peak won't be over 100,000$, 1M isn't realistic.
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August 18, 2014, 06:11:15 PM
 #194

The alltime peak won't be over 100,000$, 1M isn't realistic.

10k is really tough to achieve already, x10 that is not like x10 from 100 to 1000, the more high the price the more adoption you need

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jersey19957
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August 18, 2014, 07:03:59 PM
 #195

The alltime peak won't be over 100,000$, 1M isn't realistic.

10k is really tough to achieve already, x10 that is not like x10 from 100 to 1000, the more high the price the more adoption you need

Yes, this is why I cry myself to sleep every night. If It doesnt hit 10k, then thats it, i will never be rich. I discovered BTC too late to enjoy the benefits like most people. Fuck this gay earth Sad
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August 18, 2014, 08:15:24 PM
 #196

10,000$ seems to be far but if bitcoin continues to grow like it did in the last years we will reach it in the near future.
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August 18, 2014, 09:38:36 PM
 #197

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

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August 19, 2014, 03:26:17 AM
 #198

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.
gmx95
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August 19, 2014, 03:44:20 AM
 #199

No. At this point I don't even believe it will reach $1000 any time soon :-)

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August 19, 2014, 05:30:53 AM
 #200

No. At this point I don't even believe it will reach $1000 any time soon :-)

I will be glad if we stop the bleeding and stay stable for a while.
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