I wanted to make the comparison with the status of gold before fractional reserve banking, when the dollar was still backed by gold, because it means like all value was represented as an amount of gold, so will Bitcoin if it replaces the reserve currency.

Read carefully, that means all value in the world will be measured in Bitcoin and each satoshi of a Bitcoin represents a piece of value on earth.

What is the value of all things on earth combined? Depending on your definition, if you include broad money it's 80 trillion dollar. Now replace 80 trillion dollars with 21 million Bitcoin. That is your target price.

Our hope as a Bitcoin holder is to be patient. Be patient in seeing the ups and downs of prices, and be patient in the face of bad news about Bitcoin. And keep our Bitcoin from irresponsible hands.

Once the demand does not rise anymore, and then people sell very very low just to make cash out of it, that is called bubble. Bitcoin will never bubble because it is the exit of all assets. People are migrating to the digital realm, an IT age from the farm age... People will develop every industry into an automated one, therefore, few years from now everything in this world will turn digital. Digital currency is the CURRENCY FOR THE DIGITAL WORLD.

Now, it is more appropriate to say that FIAT will bubble... including your stoooopid brain.

I think that life to be successful with the blink of an eye is not easy, but when I open and search on google so much success with abundant money and photographed diata luxury car, when I feel the dream of a sentence beyond reason thought, delayed dreams do not wake up, if you do not have bitcoin, I ended up falling asleep and dreaming.
 

I believe it is really hard to pin a value to bitcoin. One could argue that the more market cap it gains, the higher its value, because more people will take it seriously, like it will start attracting wealthier and wealthier people. In a sense that's exactly what's happening, it is getting ever more accepted as a store of value by an increasing amount of people.

After all, isn't this the definition of money? That people accept it as such, that people agree that it has value? Look at Bitcoin as a bank. When people buy Bitcoin, what they're really doing is they're buying a tiny space in the blockchain that says that the address that they own has X amount of value, that they're entitled to X amount of value. This is exactly what banks do. You deposit a $100 dollar bill in the bank, it vanishes with your piece of paper and at the same time it creates a record in their computer that you are entitled to $100 dollars.

As Bitcoin increases in valuer, its "credibility" is increasing in the eyes of many (it's what motivated me to get in and study the technology). Wealthy people won't put their money in the Bank of Zimbabwe, but they won't worry much about depositing it in Bank of America or some other fancy bank. What's better, the money one "deposits" in Bitcoin can't be found by governments and can't be taken away from you (if you take simple steps to secure it of course). This has tremendous value for many all over the world.



On a different note, this is my first post here, i have been following this website for a few months now and i just gotta say, what the hell with many posters here, it's like half of posters here seem like they're permanently stoned and drunk, writing meaningless ****, you gotta try so hard to understand what people are saying. I understand english may not be the first language (it isn't mine either) but do try a bit harder to pratice writing better instead of blindly using google translator to write ****. There, i had to vent this.

Dream
1btc = 1 000 000$

I also see if indeed now a lot of new people who jump in the world of cryptocurrency including hunting bitcoin just because they want to get a high price. but they do not know what the bitcoin is like and how bitcoin travel has until now.

Bitcoin wont keep on raising forever,since this is a new form of currency and there is a huge interest in it and so is the reason the price is rising.

It is a fact that the price grew this much and this is not a dream right. So what is the issue now,you missed out when there was an opportunity. 

If you hold fiat currency and once that bubble burst you will be having color paper to keep yourself warm,that is a good idea right.No one is forcing anyone to buy these cryptos and what is the issue here,the fact that any asset gets its proper valuation when people are willing to spend money for it
and it is not like fiat currencies where government can print out any amount of notes according to their wish and in the case of bitcoin,it has limited amount of coins and it cannot be duplicated and that is the most important factor.

 

The bitcoin dream is real for sure and how to make it possible, that will depend on the person on how would he/she handle the investment. To fulfill such dream, this will take hardwork and perseverance  on how to make your investment succeed in the crypto market. I would consider that this time btc is at it's lower price and the right time to buy bitcoin now as this will soon to spike it's price further. Then, you must hold your btc up to several months or even a year.

I think I could not even dream of seeing dreams if I did not have Bitcoin. When I did nothing my dreams were asleep. Bitcoin worked to make my dreams come true. So Bitcoin is a real dream for me.