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/biz/ - Business & Finance


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12827183 No.12827183 [Reply] [Original]

The most common question you get asked when you mention Bitcoin is - will Bitcoin really reach $1 million? How is that possible? $1 million for a Bitcoin? How will anyone ever be able to afford it!?

This is the traditional line of thinking regarding investments. If the minimum price of a house is $1 million, obviously I cannot spend less than $1 million to buy a house, unless I form a cooperative. If an Amazon share is worth $1400, I need to spend $1400 to buy a share - simple as that. I cannot divide houses, nor can I divide shares.

So, going back to the question of $1 million BTC. A BTC being worth $1 million does not lock out anyone with less than a million to spend. Why? Simple. BTC is divisible by 100,000,000 times.

If a BTC is worth $ 1million, I only need 1/100000000 dollars to enter the crypto space. That's 1 cent. At $1 million BTC the average individual only needs 1 cent to own a portion of BTC.

Regarding shares in the stock market. I cannot buy 0.1 of a share a traditional stock exchange. But I can once shares become tokenized. When 1 Amazon stock can be split 100,000,000, I will only need $0.000015 to enter the sharemarket.

Crypto is the ultimate tool for wealth redistribution and equality in investment opportunities.

You need to be in crypto. Crypto is without a doubt the most fundamental paradigm shift in the last 100 years.

>> No.12827212
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12827212

When BTC hits $1 million it will mean that the U.S. dollar has collapsed and you will be carrying around backpacks full of cash to buy a loaf of bread like in Venezuela.
Laughing out loud!

>> No.12827240

>>12827212
>RED
>SHIELD
Check my bloodlines you rh, positive

>> No.12827271

btc market 70 billion / 4k
at 1000k / 28000 billion

btc needs to be a 28 trillion dollar market for that to happen

>> No.12827278

>>12827183
If crypto starts being used as money, I'll accept it at my business. Til then I'm focused on offering real value and generating wealth through productive effort.
Speculative "investments" are for poor people, poor in the sense of a poverty mindset, and speculative investments with no intrinsic value are the most wretched and desperate of the poor.

>> No.12827283

>>12827183
Nah.. now that they put futures on btc

will have a very tough time

>> No.12827290
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12827290

>>12827240
My my, have I finally found someone in this abhorrent cesspool of poverty who is well read?
Impressive, Anon.

How do your opposing digits compare with your fellow peers?

Can you flex your thumb in this manner?
Humor me.
I certainly do enjoy laughing out loud!

>> No.12827331

>>12827290
Oh my oh my...
PASS THE CONTROLLER BRO

>> No.12827357

>>12827271


the market cap of goldf is 7trillion.

not used for anything, so how a crypto shouldnt reach at least 5-7trillion

>> No.12827369
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12827369

>>12827331
Fool, that is not my hand. It's a photo obtained from an image search.
I can, however, flex my thumb in that manner thanks to MY precious bloodline.
If you can as well, prove it to me and I will timestamp my real hand with my thumb in the same position.
I am a man of my word.

Protip: You cannot.

>> No.12827382
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12827382

>>12827369
Checkmate, inbreeded lizardman

>> No.12827423
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12827423

>>12827382

>>12827369
Both of you are niggers

Also check em

>> No.12827434

>>12827183
Feels like you posted from 2014.
Who still really needs to be explain this ?

>> No.12827435
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12827435

>>12827382
Young man, you were checkmated before you were even born.
What exactly could I mean by that?
Could it be the establishment of central banks and subsequent fiat dominance that dictates every action you will ever make in life or the fact that you were born into a mixed bloodline and most likely know little to nothing about your family history?
Pick whichever you'd like.
Checkmate indeed!
Laughing out loud!

>> No.12827443

Wrong. Bitcoin will only gain value through base layer high velocity usage. Lightning is a mirage.

Why would Amazon want to split up their shares? Have you thought this out at all yet?

>> No.12827456
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12827456

I see /biz/ still traffics in anti-Semitic conspiracy theories. That's not who we are as Americans, we must be better.

>> No.12827469
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12827469

>>12827423
Almost, but not quite.
It's not about the ability to bend only your distal phalanges but being able to bend the joint at your first metacarpal and your priximal phalanx inward to create a perfect right triangle with your index straight.

A perfect right triangle.

>> No.12827481

>>12827290
I can stretch my fingers like 45 degrees backwards from my palm. Pushing on them, it's 90 degrees.

>> No.12827501

>>12827456
Fuck off Schlomo

>> No.12827507
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12827507

>>12827481
Hyperextension is an interesting phenotype no doubt, however, it doesn't attribute you to any particular ancient bloodline.

>> No.12827527
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12827527

>>12827423
> those nails and fingers

>> No.12827552

>>12827357
The marketcap of the dotcom bubble was 10 trillion

>> No.12827560

>>12827212
Unironically even a 1 million dollar bitcoin still isn't enough to crash the dollar

>> No.12827611
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12827611

>>12827560
Good sir I was not implying that any change in the price of Bitcoin would impact the value of the U.S. Dollar in any way shape or form, but on the contrary.
The U.S. National Debt over-encumberance would have reached the event horizon necessary to trigger the inevitable collapse.
Reserve Currency status would be relinquished to China.
BTC would only skyrocket to $1,000,000 due to people desperately seeking a safe haven from subsequent hyperinflation.

What is the value of a million when a loaf of bread costs $10,000?
Laughing out loud!

>> No.12828405

>>12827611
Will Bitcoin be the next dominant reserve currency? What will Bitcoin's price be then?

>> No.12828634
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12828634

>>12827278
>If crypto starts being used as money
Hey gramps, it’s being used as money right now.

>> No.12828656

I buy crypto just so I can unironically ask "When moon"?

>> No.12828689
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12828689

>>12827183

you don't need to invest too much. basically enough not to miss out if this long term trend keeps going. every indication that it will. Internet magic money invented 10 years ago holding $3K value is evidence enough

>> No.12828736

>>12827611
>Reserve Currency status would be relinquished to China.

imagine being this retarded