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Bitcoin million dollar
of 1 million. If bitcoin reaches 1 million dollars, all of the millionaire "hodlers" would then be billionaires or multi-billionaires. Every time Bitcoin came back with a vengeance reaching new all-time-highs. Bitcoin seems to be exceeding even the most optimistic expectations. So I'm sure you all heard about John McAfee (a relatively smart guy) predicting that bitcoin will be worth 1 million USD by 2020.
Bitcoin scarcity, one of the more appealing reasons for Bitcoin to hit 1 million per coin, is that Bitcoin is scarce. 'I think it is impossible to be anything less than that. However, Lee predicts Bitcoin will hit this number within 20 years.
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I just can't comprehend how that many more billionaires can be created in only 2 years! The 1 million per Bitcoin forecast looks like an extremely unreasonable price to be assigned to one single Bitcoin, especially in a time where Bitcoin is struggling. What would a 1 million dollar bitcoin mean for those who hold it though? However, for Bitcoin to be on track with McAfee's prediction, BTC should be at around 32,500 around this time, at the start of 2019, and break the 100,000 barrier by September 2019. They suggest that one BTC could one day be worth 10 million, if the world turns to crypto as a solution to the global debt crisis. Put 1 of your net worth in Bitcoin and forget about it for 10 years Casares added, baiting new investors to adopt the cryptocurrency. There is jewelry, real estate, anything really, where people feel their wealth is securely stored in today, they will want to store some in Bitcoin tomorrow. Bitcoin surged to a record high of 11,377.33 Wednesday morning, according to CoinDesk. Bitcoin and blockchain technology will give these people the possibility to open a bank account and let all of humanity run their own businesses on a global market for the first time in human history. The 1 million per Bitcoin builds on the notion that the total market cap of Bitcoin in the world would amount to 21 trillion.