Quote from: l8genius on May 09, 2017, 01:49:37 AM

Quote from: revans on May 09, 2017, 01:25:19 AM

Quote from: shintosai on May 09, 2017, 01:15:19 AM

Quote from: Xester on May 07, 2017, 09:14:41 AM

Quote from: angaper on May 05, 2017, 11:48:14 PM

I am one of those people who came quite late to this bircoin world. I like to be realistic and I know that it seems almost imposible for me to achieve great wealth through bitcoin, however I have no doubt that this coin will be quite useful for me in the not distant future to move my money, generated through other businesses.

It is not too late since bitcoin is still young it is possible that it can go up to a million dollars per bitcoin. As of this moment you just need to store 1 bitcoin in your wallet then hold it until such time that its value is very high that you will be able to buy a house and lot or a car. If it will go up to 1 million dollar you will still profit since bitcoin will still go up in value but if it reaches 1 million dollar then you are a millionaire.

well that's so big but its possible since btc really have more value to rise up the more people understand the chain the more profitable btc can be,
for sure if you reach that value you can already have a house and a car if you are leaving in a third world countries.

But there is a very least possibility that price of bitcoins will be in millions in future and if that really happens then people who have even 1 btc will become millionaire in future but I don't that is realistic value to dream of and maximum bitcoin can achieve the price is $10k not possible to go beyond that.

I think a valuation of 1m/btc will be an impossibility. that would make a total market cap of 21,000,000,000,000 (21 trillion) assuming that all 21million bitcoins are mined. it just doesnt seem likely within our lifetime.

It's really depressing if you live in the future instead of the present. We're just at $1700 right now. This has been the highest price of bitcoin ever since, you don't need to be thinking about a million dollar per coin. You should be grateful with what we have right now.

By the way, it would be a lot less than that since thousands of bitcoins are already lost. Private keys getting lost, wallet seeds getting lost, passphrases getting forgotten, and simply people forgetting that they bought bitcoins long ago. Note that market cap is calculated using the price and the number of coins in circulation not the number of coins in total.