Quote from: reflector on October 08, 2017, 05:39:59 PM

Quote from: The_Dark_Knight on October 08, 2017, 03:56:18 PM

Quote from: cafucafucafu on October 02, 2017, 05:58:19 AM

Quote from: SocialClooud on September 26, 2017, 01:32:23 PM

People says 1 BTC will be cost 1 Million do you believe in that?

It is definitely possible.

The fact is that hyperinflation is especially dangerous and could happen to any country at any time. If it happens to the US, and people start dumping their fiat to get their hands in some bitcoin then $1 million would be no big deal here.

But then, $1 million would be worth significantly less than it currently it is worth.

This is why it is difficult to answer the question even if bitcoin eventually was that valuable in terms of dollar if a million dollars from that time buy the same as 5k today then bitcoin did not made a lot of progress that would mean that bitcoin did not move at all from the price reached some weeks ago, that is why we need to find another benchmark to compare to bitcoin in order to know its true value if that happens since comparing it to the dollar is going to be useless, like how many bitcoins do you need to buy an average house in your country.

We all knew that bitcoin price so volatile and it use to fluctuate all the times. Now the TD is good for bitcoin and value is increasing bit faster than last month. Anyone can expect the bitcoin in higher but according to the marketplace reaction only value will be defined.
From my side, I think we can see 5k in this year end not more than that.

Really? Now, current price of Bitcoin ~ $4,800. I think it will breakout $5,000 again and continue to increase its value and make other cryptocurrencies dump to the hell Grin

. Irrelevant but I'm buying a lot of amount of Ethereum to increase my bag Roll Eyes