Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: jassi.21jaspreet on August 09, 2020, 12:55:07 PM
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People say #Bitcoin will be worth $1 Million in future.
Real Question is what will be the worth of Million $ then?
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Bitcoin and other cryptocurrency has been accepted in several countries across the world as an asset. it is likely going to explode the current price but i can never predict to your price range. it might get to 20,000 dollars but will never hit 1million. this is not possible. Gold the counterpact can be mine and will always have value but bitcoin is limited.
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People say #Bitcoin will be worth $1 Million in future.
Real Question is what will be the worth of Million $ then?
This is a long term futuristic price, I don't see bitcoin hitting such price anytime soon, perhaps maybe in the next decade
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There is nothing wrong with aiming for a huge price buy $1million is a little over board and I don't think bitcoin's value will surge so high.
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I do like the question, what will be the worth of $1 million then, I believe USD would have lost some of its purchasing power by then, just like it is with Gold but $1 million will still be a big deal. As long as Bitcoin adoption keeps increasing and Central banks keep up with their reckless monetary policies 1BTC=> $1 million is inevitable, just a matter of time
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I am not quite sure about $1million per bitcoin. Maybe in the future but i guess right now I think $20k per bitcoin target before new year is already good.
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I am not a seer but that price looks a possibility. Imagine back in 2010 what a bitcoiner would say if he was told that bitcoin would get up to 10k USD. So saying it could get up to that price is a possibility, especially if mainstream adoption soars
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Bitcoin and other cryptocurrencies have become popular in many countries around the world. There is a possibility of this in the price, but I can never estimate the value of the price. It could be dollar but never paid a million 1 million. This is not possible. The gold counterpart can be mine and it will always be priced but the butt coin is limited.
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I don't think Bitcoin will have such a high price.
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People say #Bitcoin will be worth $1 Million in future.
Real Question is what will be the worth of Million $ then?
That was impossible to happen if Bitcoin reaches that highs it's almost impossible for us to buy and acquired it because it was so expensive it will affect on all users and investors as well and possible there will be no more new investors to invest in BTC because it's already expensive to have it.
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First of all, I want to say that if 1 BTC = 1M USD & transaction cost problem is solved (possibly by PoS like Ethereum) then 1 satoshi = 0.01 USD, completely usable in daily payment. BTC can also become a store of assets or pay for big expenses.
I believe that BTC can reach 1M USD in the future if it receives widespread national acceptance, if countries accept it as an efficient and energy-efficient payment method. The remaining problem: the distant future or the near future :)
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This is unrealistic, then all bitcoin holders will become millionaires and billionaires, but there are millions of such holders and there will be even more and therefore it is unprofitable for governments to allow the price of bitcoin to rise to such price, and of course, I think 50k$ can be seen in the future.
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People say #Bitcoin will be worth $1 Million in future.
Real Question is what will be the worth of Million $ then?
The question is, of course, an interesting one. If Bitcoin is worth a million dollars, then a million dollars will be equal to one bitcoin.
The only question is whether Bitcoin will rise to such price heights. For example, I would not dare to buy even a small part of bitcoin when it costs, for example, $ 900,000. There will always be fears: what if in a few days its price will collapse, say, to one hundred thousand dollars. And so many will think. Then, with the slightest panic, its price will really fall.