Post
Topic
Board Beginners & Help
Re: Will 1 Bitcoin will Reach 1 million usd one day?
by
xypos
on 30/03/2014, 21:23:32 UTC
Anyone that believes this is an idiot.

There is 12,577,500 bitcoin in circulation right now.

So with roughly that much bitcoin multiplied to $1,000,000 USD would would make the total value of all the bitcoin $12,577,500,000,000.

Thats twelve trillion ,five hundred seventy seven billion ,five hundred million.

There was approximately $1.27 trillion in circulation as of March 26, 2014, of which $1.22 trillion was in Federal Reserve notes.

"source - http://www.federalreserve.gov/faqs/currency_12773.htm"

 


But in the future there will be more $ in circulation. Smiley


Anyway, I don't think that it will hit so much ^^