Post
Topic
Board Bitcoin Discussion
Re: BItcoin: The path to $10,000,000 ten million dollars per coin
by
Absolom
on 08/12/2019, 20:18:01 UTC
Bitcoin is designed to be more scarce every single day while the population is almost required to increase its demand. Why? Because people will have to sell their failed fiduciary currencies per Bitcoin. The current financial system failed already and people will realize that Bitcoin is the only system to reset everything. Governments will try to create their centralized cryptocurrencies that will fail like the fiat due to hacks and the fact that people will prefer to use Bitcoin. Bitcoin is a blackhole that is swallowing every single fiat bill. 10 million dollars per coin is probably too conservative. People who dont own Bitcoin now will have to own in it later. Those who are acummulating BTC right now will be the richest people in the world. Bitcoin should hit that price in the next 10 years and there is nothing that could stop it.

Right. And when there is only one bitcoin left in the whole world, with a tiny change in the program, a satoshican be divided into billions of tinier pieces. Fiat does this through inflation.

WRONG

That does no cause inflation. People will have the same amount of Bitcoin just with more decimals


GO BACK TO SCHOOL WITH KHAOS

Perhaps this means a shortage means that whales will buy a huge amount of coins and this will create a fake high markup when the whales manipulate large sums and this affects the price.