Quote from: CoinNation on October 28, 2015, 09:57:10 PM

Quote from: vuduchyld on October 28, 2015, 08:40:16 PM

Quote from: Amph on October 28, 2015, 07:36:25 PM

it need to have 3333x bigger market cap than what it is now, which mean 12T, this mean that it need to sucks a monstrous value out of fiat money

adoption would be full at that point, surely more possible than a collision, but saying that it is possible does not mean that it will happen...

Yes, this.

Global M0 money supply in US Dollars is roughly $2.5 trillion. Global M1 money supply is $10.5 trillion.

So, sure, MAYBE bitcoin could get to $1 million...if it replaces the USD as the prime international currency. And the economy grows another 20%. And pigs stat flying.

This will not happen in 10 years. It may happen in 30-50 years. And it is not $1m in today's US dollar. It is in 30 year's US dollar.

How could you clearly say this? There can come different Movements for a big Pricerising like the actual syrian reffugee crysis, or the Problems in greece, or..
Otherwise i would say Bitcoin is open an will be back soon at his 1000$ mark where it belongs too Cool

Maybe iam just an optimist but i cleary think u cannot reach money by Mining but by invisting in the Cryptocurrencys Wink

regards
lama-hunter