When Can Bitcoin Price 'Realistically' Hit $1 Million ...
When Can Bitcoin Price 'Realistically' Hit $1 Million ...
Bitcoin: 1 Million US- Dollar in 10 Jahren?
Bitcoin Big Bang - 800 Millionen Dollar verschwinden ...
Goldman Sachs Manager: Bitcoin will hit $1 million soon
Galerie: Bitcoin auf eine Million Dollar? boerse.ARD.de
Howdy. Wondering how you got here? I'm sure you are. You can't possibly want to spend your hard earned money on a complete stranger... Could you? My quest is simple, I want to be the first ever person to become a millionaire from doing literally nothing but people sending me bitcoin. I'm not demanding, not begging. I want to break the record. Anything you send will contribute to the million. 10 cents, 10 dollars, 1 dollar etc. It will all be stored in my Ledger and I will update as I go.
SQ - Square invests 1% of the company's assets into Bitcoin. $50 million dollars
Ticker SQ Payments company Square has invested $50 million into Bitcoin, according to an announcement today. It has bought 4,709 Bitcoin, with one percent of the company's assets.
“We believe that Bitcoin has the potential to be a more ubiquitous currency in the future,” said Square’s chief financial officer, Amrita Ahuja. “As it grows in adoption, we intend to learn and participate in a disciplined way. For a company that is building products based on a more inclusive future, this investment is a step on that journey.”
Square is owned by Jack Dorsey, the CEO of Twitter (and enthusiastic Bitcoin advocate). Square also owns CashApp, which has been offering Bitcoin for some time now. Dorsey has previously said that he regularly maxes out the weekly Bitcoin buy limits on CashApp. Square has been investing in crypto for some time. It set up Square Crypto in March 2019 to support the development of the Bitcoin network. It has handed out a number of grants to Bitcoin developers and companies working in the space. This investment follows business intelligence firm MicroStrategy buying $200 million of Bitcoin as an investment, before buying another $175 million of Bitcoin. source https://decrypt.co/44319/square-invests-50-million-in-bitcoin?utm_source=reddit&utm_medium=social&utm_campaign=sm
Bitcoin Annual Path to $1 Million - Year by year returns that would put Bitcoin at a one million dollars before 2030. Aligns well with Plan B's model. Prices are year end, not peaks. These returns follow a four year decaying cycle driven by mining reward halving events.
06-24 22:14 - 'At 1am NY time im gonna invest 35% of my earnings from bitcoin into zilliqa which is roughly 1.2 million dollars 🐋' (self.Bitcoin) by /u/Crypto-Since-2014 removed from /r/Bitcoin within 0-5min
Why i still hold my Bitcoin after losing around 1.9 Million Dollars
Throwaway for obvious reasons. I accumulated Bitcoin from early 2013 till 2017 and all bought and traded around to 100 Bitcoins. Did a lot of Crypto Trading in that timeframe, specially on btc-e.com, a Russian crypto gambling and trading site which was seized by the US Government. Thankfully I had a good nose and traded all LTC I bought there to BTC and send it to myself 2 weeks before the site was shut down. At the time that was around 17 Bitcoins. Never leave your coins in an exchange. Then 2017 came and i was a financial idiot at the time. Well after trading some more real money for some Coins I had a + of 2.350 Million Dollars. And I didn’t sell anything but my investment of around 90k. Now I think It was a stupid move. One of my main causes then was the Tax money I owned in some trades and I would have payed around 400k+ in Taxes which I would have liked to avoid. Maybe you can guess the country. Still – it was retarded and I know it. On the other hand, If I always had done everything from the book I would have never had such an uprising. It also was the 5th or 6th time I had witnessed a crash. Same business as usual I thought, money can get blurry even if it´s in this magnitude. Well, to now. January of 2019. I still have around 400.000 Dollars in Crypto, payed my taxes I owned form Crypto and iam very fortuned in life in general, so I guess I don´t mind as much as I should. Now why do I still hold? After seeing the manpower that was poured into Bitcoin and Blockchain development, the Education that was offered and the overall praise of Bitcoin in general – I want to hold. I believe with the next halving in May 2020, the real Bullrun will come if the Stars align. When some form of governmental recognition and an easy to use application for buying is in place till then, we will see a hopefully meteoric rise. If average joe can buy Bitcoin easy with an App and the Media picks up the hype. On the other hand, maybe the damage is done and no one cares anymore. But Bitcoin is still the same it was one or two or ten years ago. Nothing changed, it just got better. Just my story, you can make of it what you like. -EDIT- I didn´t expect to log on this account anymore but damn, you guys are amazing. Thanks for the mature and kinds words. And thanks for the 6000 Satoshis, you guys are crazy.
It’s 2028 and 1 Bitcoin is worth 1 million US dollars. If a luxury home was worth 1 million US dollars back in 2019, what would you estimate that this same luxury home is worth in USD and in BTC now? Does hyperbitcoinization require hyperinflation of government currencies and real estate?
My best attempt to simplify the math of a 10 million dollar Bitcoin [1₿=10million]
🤖₿ So 21 million #bitcoins will ever exist, unlike the dollar that is infinitely printed, which is why it loses value. A #bitcoin is infinitely divisible so no matter how expensive 1 coin gets, infinite fractions of it can be purchased and used. You don't have to buy 1 coin. It's value is the money and things of value behind it÷the number of bitcoins that exist. There are 36 million millionaires in the world today, so by the time every 1 of them try to grab a full bitcoin when it becomes a must have investment, there won't be enough for all of them. That easily pushes 1 coin past 1 million dollars in value when they try to grab a whole coin. Then there are 260 trillion in global #stock markets through #stocks and #derivatives, or what others call #institutionalmoney. The the first US #exchanges are opening to bitcoin and #cryptocurrencies this summer. Once bitcoin is allowed to be traded for stocks, which is only a matter of time now with the #stockmarket opening to the #cryptocurrency markets already, that makes that 260 trillion open to be put behind bitcoin. When that starts to happen; 260 trillion divided by 21 million #bitcoins, puts #1bitcoin over 10 million dollars a coin, or 12 million a coin to be exact. This will likely happen in our lifetimes with everything happening now. That makes every dollar invested even at an 11k price, to be worth 1k$ in possibly 10 years at this rate. ₿🤖 There's more to it like the halvings; about every 4 years the distribution of bitcoin going out gets cut in half. The first 4 years 10.5 million bitcoins went out and the demand and use was small so the price was cheap. From less than a penny cheap in 2009, to over 1000$ in 2013 after it first halved. After that from 2013 through 2016 with only 5.25 million bitcoins were being mined/made; then it halved again in 2016 for a second time & the price ran up to 20k a coin because the supply got cut in half to only 2.125 million bitcoins being created with higher demand and use cases. This is where we are now until summer 2020 when the 3rd halving will happen. After that, the next halving will only have 1.05125 million new #bitcoins getting created until 2024, with 10 trillion in value of institutional markets opening up to it. The potential for the next halving with the halved new coin supply, plus increased demand and use cases is anywhere from 100k to 500k in the short term by late 2020 or early 2021, then another 80+% drop as usual. But in short, at the current prices you're in a good position to be fine after the next correction/drop that'll come after the upcoming halving skyrockets the price. I for one won't stop accumulating till we break 20k again, aka the last all time high. My golden rule is to never buy during new all time high prices, and thankfully we're still under it. So learn about it now and stack up before we break 20k again, because after we do the growth will be stupid fast. Calculated plug ins for 1 million and 10 million
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Never forget one of the primary reasons we have Bitcoin: the U.S. Government borrows and spends $1 million dollars per minute, and the citizens are expected to pay it back. (Similar story with all governments.)
If Bitcoin does moon to 1 million dollar, Why would I want it?
Let's say, for a moment, we ignore every fundamental rule of economics and nature , and Bitcoin suddenly reach 1 million dollar or more per token. Now we reinstate the laws of supply and demand, and evaluate the situation. If these coins does reach such value, that means they should be in extreme scarcity, and that the supply of tokens to exist will be under the control of a few people. Why on Earth would 99% of the population just lay down and accept cryptocurrency as replacement for all of their fiat? Why would they surrender over their possession, life and perhaps dignity to earn such a scarce token?
What kind of resource, goods or service does the owner of Bitcoin offer, that justify the demand for me to obtain the currency from them?
While we await an answer, let's ask the same questions for the US dollars. Why would I want to obtain dollars? "But Fiat is worthless" is a completely bullshit statement. Simple example: A Chinese man own a business exporting good to the US. He earn US dollars from his venture, and use that dollar to buy property and business in the US, that allow him and his immediate family to earn a residency card and move to the States with it (search up EB-5 program). The Dollar give him access to the US market, its resources, goods and services. This is why the dollar has worth, and not simply because "the government tells you that it has worth". Maybe spend more than 5 seconds researching into money creation process, than relying on the Google definition of fiat. I'm not gonna deny that inflation and uncontrolled money printing is a big problem. But for most sane people, it's not big enough of a problem to justify switching to a completely new currency system under the control of pedophilic crackheads and shit-eating perverts. (to hedge against inflation, buy bonds, stocks or real estates, put them in 401k etc., most people do not "hodl" large sums of dollars) BTW, Venezuela and Zimbabwe are exceptions, and not the norm. Don't expect the world market to crash in the same way, unless some apocalyptic event happens. In which case you should be more worried about obtaining water, food, ammo and maybe electricity. (and don't expect reliable internet access haha) Even if , IF blockchain the the future of currency, then it will created, distributed and regulated by some sort of central authority; one that has the backing of some kind of armed force protecting a physical economy with productive capability; and preferably, Democratically elected to some degree. I do admit to drinking a bit of the bitkoolaid, and do see the value of a non replicable token with limited supply used as an asset class, just not as a currency controlled by petulant techbros. Tl,DR: No one want to suck some fuccboi's cock for .00001 Shitcoin.
In 2017, the founder of what became one of the world’s top software security companies, McAfee Associates, predicted bitcoin would hit a price of $1 million dollars per bitcoin by the end of the ... Bitcoin Price at $1 Million by 2038? Looking at historical cycles is a good way to make predictions on future ones. The caveat is that BTC is only a decade old so we don’t really have a great deal of data to go on.. In his latest video, analyst Benjamin Cowen has extrapolated data from the bitcoin logarithmic regression model to attempt a realistic prediction as to when prices will reach ... The $1 million dollar Bitcoin argument predicates that the total market cap of Bitcoin in the world would amount to $16.5 trillion. This compensates for the approximate 4.5 million Bitcoin that have been lost and are now unrecoverable for various reasons. Understanding $16.5 trillion dollars Kryptowährungen McAfee: Ein Bitcoin wird 1 Millionen Dollar wert sein oder ich esse meinen eigenen Schwanz 30.11.2017 - Finanzen100 Im Juni 2017 ging John McAfee eine skandalöse Wette ein. Bitcoin Big Bang 800 Millionen Dollar verschwinden 2011 übernimmt der Franzose Mark Karpelès die Tauschbörse "Mt.Gox" und macht aus ihr die weltgrößte Bitcoin-Handelsplattform.
The Case For The Million Dollar Bitcoin. It Is Possible? When Will It Happen?
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