Re: The $1 Million Dollar Bitcoin

For 1 Bitcoin to be worth $1,000,000, the total market cap of Bitcoin would have to be $21 trillion dollars. What are the odds of this happening?

For reference, the amount of physical $dollars and coins in circulation are around $1.2 trillion. The global M2 money supply of all currencies are around $45 trillion. The market cap of all mined gold is around $7 trillion.

Will 1 Bitcoin be worth a million dollars? Half a million? Thoughts?

This post or this thread is from 2015 , three years I'm quite shock though , they said that 1 bitcoin value cannot be 1million dollar so quess what though the bitcoin price is almost 1million , the price of bitcoin is 616,000 dollars. Half of a million.

Everyone thrives on hopium. This joint would be awfully quiet if it was commonly acknowledged that BTC was a weed and crybaby who couldn't budge a piddling amount upwards without collapsing again.
And it's not going anywhere without some long term faith.

For an asset like Bitcoin set value by its community user, you're right. The value of Bitcoin is unknown and it won't be worthless if the world still like to using it, investing in this currency. Bitcoin really made the world changed opinion about finanicial, stock, forex market, ... This place isn't a gambling type, it's investment.