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/biz/ - Business & Finance

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58121797 No.58121797 [Reply] [Original]

That'd take bitcoin to roughly 500k per coin
Is that even realistically possible as the current state of things?

>> No.58121808

what a shit thread

>> No.58121819

>bitcoin will never be worth more than $1
>bitcoin will never be worth more than $10
>bitcoin will never be worth more than $100
>bitcoin will never be worth more than $1000
>bitcoin will never be worth more than $10000
and so on

>> No.58121844
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58121844

>>58121808
It's a bitcoin price discussion thread, what? where you expecting for some frog coin thread or some nigga coin thread or something?
It's for high IQs only and people who like to think in possibilities, if you can't grasp your goldfish brain around such then let it for the big boys, don't have to shitpost, shithead.

>> No.58121850

>>58121819
Alright so let's accept it is possible for btc to hit 500k someday, now let's find out when, because the "when" factor is more important than the "if" because imagine if it only happens in 2040?

>> No.58121853

Can bitcoin realistically not hit $1m per coin? With how much printing is going on and how economists lie through their teeth about it. Is it inevitable?

>> No.58121887

>>58121850
If you need a timetable then apply for a job, otherwise learn that investment takes time to appreciate.

>> No.58121926
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58121926

>>58121887
No, I don't need a timetable I need time, something I don't have as right now
I mostly likely will die before 2030
I've been on bitcoin since 2018 and waiting it to reach good numbers so I can enjoy my life a bit is such a troublesome thing to do you know?
I don't have much time left in this planet and I need to know if there's any odds of bitcoin reaching certain numbers before I die
I can't work anymore, it's for wagies and low castes
So many anons have become rich from one day to another by investing in shitcoins, if I am going to die soon then I might as well blow it all up by trying to make it.

>> No.58122033

>>58121853
i cant believe i forgot money printer go brrrrrrrrr. im going all in.

>> No.58122057

>>58122033
Checked

>> No.58122239
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58122239

>>58121850
some time before christmas 2027, or this christmas if we overshoot the power law resistance

>> No.58124038

>>58121797
USD inflation exists...

>> No.58124138

>>58122239
any chances of hitting that this cycle?

>>58124038
So 1 million btc will buy us a leaf of bread?

>> No.58124916

Bump

>> No.58124979
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58124979

20x minimum.

Store of Value is not new, SoV is omnipresent as it's a vital economic function. Something will be used as a SoV, and that thing will develop SoV value, value as a SoV, supported by demand for SoV.

The value of a Store of Value is derived from demand for Store of Value. SoV stores value dispersed within the economy by being something that meets the demand for SoV. If I buy something with good SoV properties and high network effect it will have SoV demand in the future and therefore hold real terms value.

Bitcon is the world's first fixed unit of account, trustless, stateless, transparent, can be securely self-custodied. A quantum leap in stores of value.
>so why isn't it already a billion trillion dollars?
Network effect. Capitalization. That's all that's left, and its network of use as a SoV grows each day.

Network effect is a positive feedback loop in a SoV as buyers of SoV want the SoV that others use, it's already passed the point of no return, this halving marks the inflection point where BTC inflation (1.7% now) falls well below gold's mining inflation (2%), at all future points BTC will only ever be a better and better fixed unit of account, there are no brakes on this train.

>> No.58125773

legacy chain can now do 1 million transactions per second

>> No.58127970
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58127970

>>58121797
No. At least not in a dat week or month, probably not in a year, it's already too late to expect something like that from a coin like bitcoin itself

only newer coins or shitcoins can pull that of but only when they're first born/released and most of them are just a scam
be careful with what you trade boys, almost fucked up myself when i was trading with dextools for a new coin it straight up crashed, a full rugpull in less than 3 hours