Post
Topic
Board Speculation
Re: 1 Bitcoin = $1,000,000
by
w00t
on 01/07/2016, 10:03:12 UTC
1 Bitcoin = $1,000,000 USD
21 Million Bitcoins = $21,000,000,000,000 ($21 Trillion USD)


if this happens we will all be rich Cheesy
Even the price of gold has not reached this high. It would take a very long time for bitcoin to even hit $10,000 let alone $1,000,000.

Doesn't matter really - gold is also (usually) not sold in tons but in ounces, same way will be sold BTC at later time in mBTC and Satoshis.

Gold is as of this moment almost 8 Trillion market cap, imho Bitcoin is superior to Gold so with that in mind I see the market cap at least at the same level or higher.

Btw. 8 Trillion market cap means 1 BTC is worth ~ 381 000 USD