Post
Topic
Board Bitcoin Discussion
Re: How 1BTC can eventually be worth $11M
by
KaliLinux
on 04/01/2016, 21:04:18 UTC
Oh really tell me more? $11million for one Bitcoin lolol

If the bitcoin becomes a reserve currency, the price will reach $11m eventually. The US treasury is about $20 Trillion, divided by 20 m bitcoin, that is $1m for each bitcoin.

But it's not easy that the bitcoin becomes a reserve currency instead of Dollar , it's really likely impossible nowadays. That's why reaching this huge price for the Bitcoin's crypto currency isn't expected in the near future at least.

It will never be a reserve currency nor will it reach anywhere near that stupid amount unless massive inflation hits the dollar and $1,000,000 is pretty much worthless.