Post
Topic
Board Bitcoin Discussion
Re: BItcoin: The path to $10,000,000 ten million dollars per coin
by
error08
on 11/12/2019, 21:59:42 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.

Agree, people around the world will realize how useful and beneficial using bitcoin as a payment method or just a store of value compared with fiat currency which is always affected by inflation.
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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.

The current financial system is on the brink of failed, proven by some countries in economic crisis or hyperinflation, but it just a few, most countries still hold on and going well even though the economic growth is not so good. We will see whether the government's attempt to create their own digital currency will be successful or just another failure in the end.

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Bitcoin should hit that price in the next 10 years and there is nothing that could stop it.

$10 Million in 10 years later? Hmmm, I'm not so sure, considering the current market condition, whales, govs regulation, manipulation, fraud activities using bitcoin such as exchanges hacked, acceptance, scalability, and so forth. I'll say bitcoin will hit $1 Million in 10 years, in 2030.