Quote from: ajun96 on October 05, 2016, 01:25:43 AM

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Quote from: coynedterm on October 04, 2016, 06:40:52 AM

Quote from: virtualx on December 13, 2015, 10:25:39 AM

In one of the topics I read "If bitcoin will reach $10.000, fiat currency has become worthless"
Do you agree with this statement?

yes , because with this price everyone who are in bitcoin work or earning program , everyone will get the same profit or loss . if the bitcoin price will increase upto $10k then there will be absolutely fiat currency will worthless .

It wont happen even how high on the price of bitcoin because the value itself would depend on fiat and there no way that it would be useless even bitcoin would soar high. Bitcoin wont be a competitor on fiat because fiat is so vast and well established and been used already on many centuries.

I agree with you, how high the price of bitcoin was not going to make bitcoin defeated fiat fiat or shifting of position, I think adoption would be more important than the high price of bitcoin, so if the adoption goes well it will be better than the high price of bitcoin

It would really need an enormous adoption on bitcoin for which it would reach it price $10k per coin which is too high to speculate though but as i said earlier even how bitcoin would be developed theres still no chance that it would replace fiat on its place.