Ninjastic
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Re: If bitcoin rose to $1M, what you do?
by
BlueStackz
on 04/10/2016, 14:30:41 UTC
Quote from: HilbillyFred on October 04, 2016, 02:08:03 PM
Quote from: Bestwishes745 on June 18, 2016, 01:02:57 PM
Quote from: InvestexMarkets on June 18, 2016, 01:00:00 PM
Will never happen. Can't see it staying higher that say 300/400 for any length of time. if it did it would price the normal person out of bitcoin as a currency. It would be bad for 95% of users if it were to go that high..

Anything can happen in bitcoin and it will also happen, but no one knows that when will it happen, But I am sure when all of the bitcoins are mined and every person of the world adopt and use bitcoin then I think at that time that amount will be reached.
I think there are lots of people who want to sell their coins when the bitcoin rises up to a million dollar each but i dont think that would happen for sure!
You must be wrong, as bitcoin was designed to have very huge price levels but purely depends on its demand levels. No one could ignore that bitcoin will not have enough demand in future. So, when more number of people will be using bitcoins, more demand for bitcoin will happen then $1 million price levels will be very much possible.