Post
Topic
Board Speculation
Re: 1 BTC = 100.000 to 1 million is a possibility in 2035
by
InsideBjorn
on 09/09/2016, 08:54:36 UTC



Considering that only 21 million people can own 21 BTC, those holding 21 BTC WILL have to be rich.


Only 1 million people can hold 21 BTC.

In practice even less, because there's plenty of lost coins, and it takes quite a while before 21 million coins are mined, and most importantly, there will be a few super-rich who have far more then 21 bitcoin.       

So in practice, only a few 1000 people will have more than 20 bitcoin. Like maybe 100,000 persons or so.     

And yes, those will be extremely rich.     

I don't even think we will need to wait until 2035 for bitcoin to reach these kind of values either. But in 2035 it's pretty much a guarantee that bitcoin will be worth $100,000+ and probably a million or maybe even several millions.

I think you are partly right but its still the question if the bitcoin will reach this year to be honest I really doubt about this, I think something will replace the bitcoin soon or later.
I'm hoping we can become rich with the bitcoin and its pretty sick that its going over 100k but I hope it will happen!