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I think 10-50k is pretty doable as a possibility. Ofc network would have to be improved, lightning built out more. Thinking about if it could go as high as say a million or 500k can be a fun exercise, but personally it's more useful to think over 10-50k, as for me this would be than I'd ever need. Try giving some of those profits away as well as things rise fast bitcoiners, generosity will also help you not to lose your head, among other benefits.
I've seen a lot of hype around certain people predicting Bitcoin will be valued at $500,000.00 to $1,000,000.00 in the future. If Bitcoin reached $1M, that would mean 1 Satoshi would be equivalent to 10 cents USD, which could raise some issues for rounding with smaller transactions if Bitcoin gets a much wider use in the future, which could open up a whole new bucket of confusion with scaling. Would Bitcoin start being divided even more? Such as with fractions of a Satoshi?
I feel that $1 Million is a bit high of an expectation, but at the beginning $1,000.00 seemed unreal also.
So what do you guys think is a realistic "best case scenario" value for Bitcoin in the future? $10,000? $100,000?
That may happen one day, but it is definitely a prediction for the future. All those people making predictions like that are real Bitcoin lovers or just trolls. I don't think that it will ever happen though. I feel that $1 Million is a bit high of an expectation, but at the beginning $1,000.00 seemed unreal also.
So what do you guys think is a realistic "best case scenario" value for Bitcoin in the future? $10,000? $100,000?
How real? Like it's never going to happen. That kinda price is so unrealistic like the chance it might going to happen is closely to zero imo. i'd rather choose $5k or $10k would be more achievable. $10k is the highest limit that im thinking that could possibly achieve. No more.
I do not understand where and why such forecasts are made. Still you can understand more or less tolerable figures, for what they offer in 1 Million dollar is too muchMining limit will decrease as halving happen again and again. This would be one of the reasons for the bitcoin price bumping but mainly as adoption rate increases in bitcoin by the whales. Then, there is easy possibility to see the price sooner in the chart. When bitcoin has been introduced Satoshi speculates bitcoin will be 10000$ in the year of 2050. If we see present adoption rate we will achieve that in 2025 itself.
How real? Like it's never going to happen. That kinda price is so unrealistic like the chance it might going to happen is closely to zero imo. i'd rather choose $5k or $10k would be more achievable. $10k is the highest limit that im thinking that could possibly achieve. No more.
I do not understand where and why such forecasts are made. Still you can understand more or less tolerable figures, for what they offer in 1 Million dollar is too much
... and if I may ask, how many people would be willing to pay $1 Million for 1 Bitcoin?
That's exactly the mistake that most people make, because they don't know how divisible a Bitcoin is. When one Bitcoin reaches $1M, most people won't be able buy a whole Bitcoin, but they will be able to buy thousands of Satoshis. The new buzz words in Bitcoin will be the Satoshi (which is 1/100000000 of a Bitcoin), and the Bit (which is 1/100000 of a Bitcoin, so 1 Bit = 100 Satoshis).Using current prices, 1 Satoshi = $0.00002, and 1 Bit = $0.002.
When we reach $1M/BTC, 1 Satoshi = $0.01, and 1 Bit = $1.
Absolutely no problems at all!
$1 Million USD per Bitcoin is an exaggeration maybe it will reach $10,000 USD or $30,000 USD. If ever it happens that BTC is worth $1 Million, there will be a sudden increase of hackers around trying to brute force every single wallet address that they think of because the rewards is surely big specially wallets of those who are in to trading.
If the price of Bitcoin ever climb to $1000,000.00, it world rather create even more economic problems than the ones it came to solve. The community would even be the worse for it, because volatility never seen before will become inevitable, sophisticated and coordinated hacking including insiders selling out will become the other of the day. Bitcoin would simple become a problem to manage and if I may ask, how many people would be willing to pay $1 Million for 1 Bitcoin?
$1 Million USD per Bitcoin is an exaggeration maybe it will reach $10,000 USD or $30,000 USD. If ever it happens that BTC is worth $1 Million, there will be a sudden increase of hackers around trying to brute force every single wallet address that they think of because the rewards is surely big specially wallets of those who are in to trading.
If the price of Bitcoin ever climb to $1000,000.00, it world rather create even more economic problems than the ones it came to solve. The community would even be the worse for it, because volatility never seen before will become inevitable, sophisticated and coordinated hacking including insiders selling out will become the other of the day. Bitcoin would simple become a problem to manage and if I may ask, how many people would be willing to pay $1 Million for 1 Bitcoin? 
How real? Like it's never going to happen. That kinda price is so unrealistic like the chance it might going to happen is closely to zero imo. i'd rather choose $5k or $10k would be more achievable. $10k is the highest limit that im thinking that could possibly achieve. No more.
I do not understand where and why such forecasts are made. Still you can understand more or less tolerable figures, for what they offer in 1 Million dollar is too much
How real? Like it's never going to happen. That kinda price is so unrealistic like the chance it might going to happen is closely to zero imo. i'd rather choose $5k or $10k would be more achievable. $10k is the highest limit that im thinking that could possibly achieve. No more.
I would say that it’s pretty realistic. The amount of people that are holding more than one Bitcoin is not that much so it’s pretty straight forward to see that if more people held their Bitcoin then the price of it would go up exponentially. $1,000,000 per Bitcoin is not that much money when only 21 million people are allowed to get a million each.
The total max supply is 21,000,000 BTC while the Circulating Supply is now 16,340,412 BTC. Now see how many people in the world are using Bitcoins. Not even 50%. Just think if all the people start using bitcoins, due to lack of supply bitcoin will be more than a million dollar.
A miliDatoshi or something fould be added if it were to happen, vut it is not going to happen. Those predictions are just wishes and hopes. We are struggling every time we get close to a milestone which is 1 or 2 thousand $ , so how do you expect to get to 1 million $.
I remember when people thought we will never reach $1....
I don't know on how much the market cap of bitcoin needs to be by that time. It's like a dream or should I say it's truly a dream and it's going to be hard that it will happen. But I'm not saying that it is impossible to happen because if we will think about the past, people are buying bitcoins while the price is still at one or digit but they did speculated and believed that the price can get up to a thousand.
If many people are supporting bitcoin maybe 1m prediction can be reach in the future,. it will be still depends in the development about bitcoin.. If more country that bitcoin will be legalized the same as japan country maybe we can see a large improvement of the price of bitcoin..
Since we already have a price cheap before and touch at $1k fast last 2013 and now are touch back to $1k value and stay hoping these coming months that we can see the price of bitcoin can be touch at $2k value supporters for bitcoin are increasing day by day so this prediction can be possible..
We are near to $2,000 and this is the reason why the price is increasing. And if the whole world starts to use bitcoin and almost big business tycoons are into bitcoin. For sure there will be a rally of the bitcoin's price because it has only a very limited supply, it is going to give us a very good profit because we are still considered as early adopters.
I would say that it’s pretty realistic. The amount of people that are holding more than one Bitcoin is not that much so it’s pretty straight forward to see that if more people held their Bitcoin then the price of it would go up exponentially. $1,000,000 per Bitcoin is not that much money when only 21 million people are allowed to get a million each.
Assuming there is world wide adoption, care to say what is the percentage of these adult in global population? Among them, who has the capacity to buy bitcoin? These are the factor that were neglected by the person who predict that $1,000,000 per bitcoin. Deep inside I wish it to happen but in reality it is only a wishful thinking.
A miliDatoshi or something fould be added if it were to happen, vut it is not going to happen. Those predictions are just wishes and hopes. We are struggling every time we get close to a milestone which is 1 or 2 thousand $ , so how do you expect to get to 1 million $.
I would say that it’s pretty realistic. The amount of people that are holding more than one Bitcoin is not that much so it’s pretty straight forward to see that if more people held their Bitcoin then the price of it would go up exponentially. $1,000,000 per Bitcoin is not that much money when only 21 million people are allowed to get a million each.
I've seen a lot of hype around certain people predicting Bitcoin will be valued at $500,000.00 to $1,000,000.00 in the future. If Bitcoin reached $1M, that would mean 1 Satoshi would be equivalent to 10 cents USD, which could raise some issues for rounding with smaller transactions if Bitcoin gets a much wider use in the future, which could open up a whole new bucket of confusion with scaling. Would Bitcoin start being divided even more? Such as with fractions of a Satoshi?
I feel that $1 Million is a bit high of an expectation, but at the beginning $1,000.00 seemed unreal also.
So what do you guys think is a realistic "best case scenario" value for Bitcoin in the future? $10,000? $100,000?
I feel that $1 Million is a bit high of an expectation, but at the beginning $1,000.00 seemed unreal also.
So what do you guys think is a realistic "best case scenario" value for Bitcoin in the future? $10,000? $100,000?
I think $10,000 is more realistic than $100,000. Not even $1million. I know people will argue that some years ago noone imagined that one Bitcoin will as much as ever worth $1000. But today, here we are with the price of Bitcoin almost $2,000 per coin.
However, the idea of $1million per Bitcoin looks unrealistic because many altcoins are springing up on daily basis and are improving on their technology and are giving Bitcoin enough competition.
Is it a wild guess or what? Any reason why you come up with that thoughts? But, if people will accept and engaged cryptocurrency world, yes maybe it's more realistic that Bitcoin can reach that 1 million. Although, many people knew it already it's a stepping stone for cryptocurrency world and it's not that impossible.
It is not realistic that bitcoin will be priced 1 million dollar a piece for the reason that, there is not enough adoption for that. And there will always be a competition though out the crypto world. Just do not think adoption but always think the factors that pulls bitcoin price down.
Save for anything catastrophic happening (like, North Korea), I think it is possible. I just find it unlikely to happen within this next couple of years. It's around $1,700 and I'm not even optimistic that it would double by the end of the year. True, Australia and Japan has just announced they recognize bitcoin but I don't know if that would be enough to ramp up the demand to the point that it'll be doubling or tripling within the year.
Well sometimes people become more excited about the price increase of the Bitcoin and they pass such statements that the prices are going to double or triple. I was personally expecting the price to reach to $3000 till the end of this year as looking at the price increase in the previous two months but by looking at yesterday’s prices it seems not to be going to that place. Just one key explanation to make it plausible if one big and influential country in the world accommodates bitcoin as legal tender will make bitcoin price increase by 20%, just waiting for news from four big countries to make price prediction come true.
Japan recently legalizing bitcoin and the price increase was because there was more investments coming into bitcoin from the Japanese market and so is the reason we had a good rally.What all countries will be legalizing bitcoin in the near future and the main thing is whether we can expect more investments from these countries to see another rally.Jump to: