Quote from: BurtW on July 14, 2016, 12:17:22 PM

Quote from: praprata on July 14, 2016, 09:40:47 AM

Quote from: Altynbekova on July 05, 2016, 01:55:35 PM

Quote from: Actor_Tom_Truong on March 31, 2016, 03:08:21 AM

1 Bitcoin = $1,000,000 USD
21 Million Bitcoins = $21,000,000,000,000 ($21 Trillion USD)

The value of Bitcoin is never going to be that high, I think that we have to stay realistic and not speculate about things that we know are not going to happen.
I would be a great thing if the value would be that high but it is impossible to think that it will happen.

It would be really something if the price would be one million Dollar but a miracle would have to happen to get the price to be that high.
Do not get your hopes up for the price to be this high because the chance is small.

I guess you could call hyperinflation and destruction of the value of the USD a "miracle". Not what I would call it.

You do not need hyperinflation and catastrophies to make btc a coin worth of 1000 000 usd. All you need is some stubborn bagholders and a lot of more demand from the current levels.
Perhaps if there are let's say 100 people starting 10-50 different digital businesses/person that accept btc as the only choice of payment it is possible, and they only accumulate coins, never sell them. If one bussines is able to generate on average 1 btc/day, there is additional demand for cold storages 1000-5000 btc/day. Daily emission is 1800 coins.
I think it is not impossible to find 100 entrepreneurs who are able to start this project from btc community.