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full member
Activity: 812
Merit: 108
April 01, 2022, 03:52:03 AM
#47
Check it out. https://www.buybitcoinworldwide.com/how-many-bitcoins-are-there/
Only ~~2 million bitcoins unidentified.  In that context, $1 million for bitcoin by 2030 is actually viable.  The reality also shows that bitcoin is becoming more and more important to the world in any impact.  Unprintable Bitcoin is how its possibilities become endless!
full member
Activity: 1484
Merit: 101
April 01, 2022, 02:54:26 AM
#46
Many people say it is impossible if the price of bitcoin can reach $ 1 million in 2030 or 8 years from now, when I got to know bitcoin in 2014 when it dropped from $ 1300 to below $100 many people also said it was impossible for the price of bitcoin to get back to $ 1000 again, even when in 2018 when the price of bitcoin dropped below $ 5000 also many people said it was impossible to get back above $ 10k again.
sr. member
Activity: 2436
Merit: 267
Hire Bitcointalk Camp. Manager @ r7promotions.com
April 01, 2022, 12:56:40 AM
#45
if we want to look at the market capitalization, bitcoin still represents a small part of global assets. all could be significant changes and will likely increase when countries adopt it as legal tender, and that is not something impossible and will continue to happen rapidly.
Based on that, it doesn't hurt that a lot of information already exists about bitcoin's increase from year to year and it's not even impossible that bitcoin could reach $1 million by 2030. investment company ARK, estimates that Bitcoin's price may exceed $1 million by 2030.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
March 31, 2022, 08:24:21 PM
#44
I think $1 million in 2030 is a good estimate. Generally I think it could be as high as $2 million if the masses actually get educated about it and all the "scam, fraud, for criminals, tulips, bad for the environment, old tech" nonsense gets killed off in the popular consciousness by then. On the low end if the masses by and large keep up those false beliefs I'd say it might only be like $500k or so. And $1 million is a realistic middle ground I think to close out the decade.

Right now you've got the environmental/ESG crowd operating under a false belief when it comes to Bitcoin's relation to energy and mining, you've got Gold people antigonistic against it because they don't want it to replace gold, you've got the average unbiased person just saying it isn't used for anything and not understanding that use as a currency is something that it grows into, you've got the biased people who just buy into the fear about it being for criminals or going to zero or is a scam or whatever, you've got institutions wary of getting in at the wrong time on a short term time scale because of its volatility, and you've got governments and politicians scared of its disruptive power as a monetary force. There needs to be a ton of education and changing of minds on all those fronts this decade to see it be over $1 million by 2030. Hopefully this will be the decade in which Bitcoin goes from being horrendously misunderstand by the masses to at least decently understood and accepted as a good thing by all but extremists. If so, then for sure it'll be 6 digits when the decade ends.

As they always say, "the sky is the limit". If Bitcoin reached new All-time-highs over time, then it's probable it'll be worth $1 million sometime in the future. 2030 is right around the corner so anything can happen. How fast or how slow Bitcoin will rise towards $1m will greatly depend on Fiat's inflation rates, and market demand for the pioneer cryptocurrency itself.

I'm in no hurry to see Bitcoin reach the designated milestone as long as it works as intended. Who knows what the future holds for the crypto/Blockchain industry in general? Just my opinion Smiley
staff
Activity: 3304
Merit: 4115
March 31, 2022, 06:54:29 PM
#43
The thing is this has been speculated about since Bitcoin became highlighted in mainstream media, so a whole bunch of people, businesses, and so called experts have been throwing numbers around, pretty meaninglessly. I know that speculation can be fun, however putting a number, and a time limit on things is just silly. I prefer the method of; Bitcoin will continue to increase in the long term, price volatility as time goes on will decrease, and the adoption rate due to the price volatility problem being largely mitigated.

That's something you can almost be sure of, if things carry on going the way they are. However, Bitcoin reaching a million by 2030? Its impossible to say, even if you throw as much figures, and data at it as possible, its also very likely that it doesn't follow the same path is has for ten years, for the next ten years. There will always be variance, and the attitude towards Bitcoin still on a government level is probably rather hostile, which could potentially effect the growth of Bitcoin in the years leading up to this prediction deadline. In other words, there's too many factors that you couldn't possibly predict, and therefore putting a deadline, and a exact figure on it is pointless, and very much meaningless.
hero member
Activity: 1834
Merit: 879
Rollbit.com ⚔️Crypto Futures
March 31, 2022, 06:02:01 PM
#42
2030 is a long time, and looking at how the numbers are looking in terms of bitcoin price the projections might be nowhere near this million dollar because so many external factors happening today keep pulling bitcoins momentum....but with the halving around the corner and almost all the 21 million bitcoins being mined,I suppose $200k is more realistic.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
March 31, 2022, 05:26:03 PM
#41
Of course this is a realistic price, 2030 or 8 more years there will be a lot of big surprises, if the price of Bitcoin 8 years ago is under $ 100 and now around $ 40K means there is a 400x increase, and to reach a price of $ 1 million only needs a 25x increase and is very possible happens, even I'm optimistic that the price of $ 1 million can be reached more than 5 years.
Bitcoin 8 years ago was not as well-known as it is now, let alone recognized as a currency by a country but now it is different and what will happen in the next 8 years? surely half the world already invested in Bitcoin. there's really nothing we're after, I'd rather see the price of Bitcoin slowly rising to $ 1 million than too fast (under 6 years).
While it is impossible to know accurately how many people have invested in bitcoin, it is speculated that only 100 million people have done so, now assuming that number is close to the truth then it means that now we have a full country of people using bitcoin, and while that is great it also indicates the huge potential for growth that bitcoin still has, if half of the population around the world actually used bitcoin then one million dollars for each bitcoin could be even a low estimate and the price could be way higher than that.
full member
Activity: 1148
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March 27, 2022, 04:41:26 PM
#40
Just be realistic, don't get your hopes up high, if you believe buy Bitcoin, if not don't buy it,
2030 is still a long time away, we should focus on this year and 2023,
Bitcoin price potential can't just rely on realistic thoughts alone.  if we go back to 2017, do you believe the price of Bitcoin will touch $60k in the future?  Bitcoin price is always full of mystery, and i personally believe BTC at a price of $1 million/BTC will definitely happen.
hero member
Activity: 2240
Merit: 848
March 27, 2022, 04:26:25 PM
#39
I think $1 million in 2030 is a good estimate. Generally I think it could be as high as $2 million if the masses actually get educated about it and all the "scam, fraud, for criminals, tulips, bad for the environment, old tech" nonsense gets killed off in the popular consciousness by then. On the low end if the masses by and large keep up those false beliefs I'd say it might only be like $500k or so. And $1 million is a realistic middle ground I think to close out the decade.

Right now you've got the environmental/ESG crowd operating under a false belief when it comes to Bitcoin's relation to energy and mining, you've got Gold people antigonistic against it because they don't want it to replace gold, you've got the average unbiased person just saying it isn't used for anything and not understanding that use as a currency is something that it grows into, you've got the biased people who just buy into the fear about it being for criminals or going to zero or is a scam or whatever, you've got institutions wary of getting in at the wrong time on a short term time scale because of its volatility, and you've got governments and politicians scared of its disruptive power as a monetary force. There needs to be a ton of education and changing of minds on all those fronts this decade to see it be over $1 million by 2030. Hopefully this will be the decade in which Bitcoin goes from being horrendously misunderstand by the masses to at least decently understood and accepted as a good thing by all but extremists. If so, then for sure it'll be 6 digits when the decade ends.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
March 27, 2022, 02:12:04 PM
#38
Just be realistic, don't get your hopes up high, if you believe buy Bitcoin, if not don't buy it,
2030 is still a long time away, we should focus on this year and 2023,

because if this year Bitcoin is able to end its bulls at a price of more than $100k ,
then I can still be sure that $400k can be achieved at the next halving
I think it is important to have several goals at different time frames, after all it would be a mistake to tell a young person to not think about their future decades away from now as this will create a thinking process only interested in the here and now.

So while it is important to concentrate ourselves on what it is happening in the market right now, it is also important to consider what will happen to bitcoin during the next decades, and I think that even if bitcoin failed to reach the goal of the OP by 2030 I think it is reasonable to think we may get close to it during the next 8 years.
sr. member
Activity: 2660
Merit: 339
March 27, 2022, 09:50:18 AM
#37
Just be realistic, don't get your hopes up high, if you believe buy Bitcoin, if not don't buy it,
2030 is still a long time away, we should focus on this year and 2023,

because if this year Bitcoin is able to end its bulls at a price of more than $100k ,
then I can still be sure that $400k can be achieved at the next halving
It's not bad to daydream sometimes. we can imagine only imagine if how much our profit will be by the time btc hit 1m or what stuffs can we buy with it, etc but once we are done, we can go back again on the current situation. Our short-term expectation for now if when will btc hit $100K.

This one is more realistic because btc already touch $68k last November 2021. Imagine if the price stays consistent I think we are already seeing $100k or more right now. The next halving date is on 2024, we still have 2 years and I think the btc value will be at $200k or more before the event so 400k is also going to be possible by the time halving has done.
hero member
Activity: 2548
Merit: 605
March 25, 2022, 12:25:35 PM
#36
Of course this is a realistic price, 2030 or 8 more years there will be a lot of big surprises, if the price of Bitcoin 8 years ago is under $ 100 and now around $ 40K means there is a 400x increase, and to reach a price of $ 1 million only needs a 25x increase and is very possible happens, even I'm optimistic that the price of $ 1 million can be reached more than 5 years.
Bitcoin 8 years ago was not as well-known as it is now, let alone recognized as a currency by a country but now it is different and what will happen in the next 8 years? surely half the world already invested in Bitcoin. there's really nothing we're after, I'd rather see the price of Bitcoin slowly rising to $ 1 million than too fast (under 6 years).
The approach in the big nations changed as well. Plenty of big nations either banned it or did not have any laws about it. Today we have Coinbase, which is one of the biggest exchanges in the entire world, being listed on stock market of the USA, which is a big big move. People forgot about that, and did not realize how big of a deal that is.

When a company dealing in crypto gets listed in the USA stock market, that is the biggest proof you need that crypto is as legal as it gets and can't get any more legal than that. And this happened in the USA, one of the if not the richest nation in the world. So do not assume anything will go badly, it will definitely go greatly.
full member
Activity: 2128
Merit: 180
March 24, 2022, 04:26:00 PM
#35
maybe 2030 doesn't feel like long for someone planning to invest for the long term.
whatever happens. I have invested in bitcoin with capital I can afford to lose $200 and I will not change HOLD strategy for 2030.
This is your willingness to hold and take the risk, no one can stop you from this and since its Bitcoin, I can support you on this one. Look at the long term chart of Bitcoin, the price is still climbing going up and in the next decade, most probably $1M are more possible to hit. I believe in the future, and I’m also willing to hold at least a good amount of Bitcoin for my future goals, 2030 will be a great year if you believe on it.
sr. member
Activity: 882
Merit: 251
March 24, 2022, 03:48:59 PM
#34
Agree With Speculation From ARK , some points that I got from this article strengthen my argument BTC will reach $1,000,000 in 2030. Every BTC Halving always record new ATH and record market capitalization. Well, some reputable sources that I read mentioned that BTC will be an investment for everyone in 2025 because the mass adoption of BTC in all sectors will grow day by day.  Maybe this thread will be an interesting spectacle in 2030.
newbie
Activity: 52
Merit: 0
March 24, 2022, 03:34:22 PM
#33
maybe 2030 doesn't feel like long for someone planning to invest for the long term.
whatever happens. I have invested in bitcoin with capital I can afford to lose $200 and I will not change HOLD strategy for 2030.
sr. member
Activity: 1106
Merit: 391
March 24, 2022, 10:14:52 AM
#32
Of course this is a realistic price, 2030 or 8 more years there will be a lot of big surprises, if the price of Bitcoin 8 years ago is under $ 100 and now around $ 40K means there is a 400x increase, and to reach a price of $ 1 million only needs a 25x increase and is very possible happens, even I'm optimistic that the price of $ 1 million can be reached more than 5 years.
Bitcoin 8 years ago was not as well-known as it is now, let alone recognized as a currency by a country but now it is different and what will happen in the next 8 years? surely half the world already invested in Bitcoin. there's really nothing we're after, I'd rather see the price of Bitcoin slowly rising to $ 1 million than too fast (under 6 years).
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
March 24, 2022, 08:33:28 AM
#31
This is right, we will be 1+ million dollars but we will have a lot of down times along the way. The fact that people who are bullish on bitcoin buying at all times is basically saying they are fine by buying 1 bitcoin at 60k instead of buying 2 at 30k, the 1 million price would mean that it was a 1 million dollar worth of a mistake.

I am not saying that do not buy bitcoin, but people should focus on buying bitcoin when it goes down. If it is down a lot, then buying it would make sense. You can't buy at 5k again, that was once upon a time and now gone, but at the end of the day you could still wait for it to go down a lot, like a month ago.

Most people are often driven by greed, so they'll invest as soon as prices go all the way to the moon. It's not a very smart move, because you can end up losing it all once a market correction takes place. The moment to buy Bitcoin is now when the market is bearish. I have no hurry in seeing Bitcoin go to $1m as long as it delivers as promised. Decentralization/censorship-resistance is what it's all about (not getting rich quick).

2030 is right around the corner, so it's likely Bitcoin will reach a new All-time-high by then. $1m or not, Bitcoin will be here to stay. Just my opinion Smiley
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
March 23, 2022, 06:15:18 PM
#30
I still think that $1 million per bitcoin is not only possible but also the start (it can go even higher). But I no longer can envision when.
The cycle seems to have been broken and the adoption rate has been disturbed. Previously the adoption rate has been rising constantly with jumps during the last months of the cycle (near bubble) and decreased a couple of months after it (bubble pop) but these days it seems to have slowed down while we neither had bubble nor bubble pop. At the same time we are hearing major adoption news like the case of legal tender in el Salvador that changed a lot of global perception.

I think we are in a new chapter in bitcoin market history and have to wait and see what trend is bitcoin going to follow in the coming years that would determine the projection for $1 mil target. It could be reached in 2 years too.
At some point the behavior of bitcoin had to change, after all it is not any longer a currency unknown to the public only used by a few adepts, now bitcoin is more popular than ever and during the pandemic people used bitcoin to protect themselves from the inflation they knew it was coming due to the monetary policies of governments around the world, so it is likely that during the next decade the movements of bitcoin will become milder with no massive bull run or crash, and instead we see a more solid yearly growth which could allow us to reach the target of one million for each bitcoin at some point in the future.
legendary
Activity: 3752
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
March 23, 2022, 03:20:12 PM
#29
I do believe that 1+ million dollars will eventually happen but I also believe that it will mainly be something that happens very far down the road and it requires us to realize there will be plenty of bear markets along the way as well. So just because we believe that it will go up, doesn't mean that we should focus on buying more and more and more. Just focus on the drops, whenever it is in the bear market and crashes, just buy some more, since it will take long time before it is 1+ million dollars, that means you will have plenty of chances to buy at the bottom.
This is right, we will be 1+ million dollars but we will have a lot of down times along the way. The fact that people who are bullish on bitcoin buying at all times is basically saying they are fine by buying 1 bitcoin at 60k instead of buying 2 at 30k, the 1 million price would mean that it was a 1 million dollar worth of a mistake.

I am not saying that do not buy bitcoin, but people should focus on buying bitcoin when it goes down. If it is down a lot, then buying it would make sense. You can't buy at 5k again, that was once upon a time and now gone, but at the end of the day you could still wait for it to go down a lot, like a month ago.
hero member
Activity: 2170
Merit: 575
March 22, 2022, 05:37:15 PM
#28
Based on history, we always achieved new peak and I’m also confident for the future prices with Bitcoin, everything is possible to happen. Though bear market will always be part of the trend so expect that aiming for a huge price with Bitcoin will not be easy, the roller coaster trend will be there as well. $1 Million might be too much, but I know its possible to achieve in the right time.

 This is what maximalists forget. I do believe that 1+ million dollars will eventually happen but I also believe that it will mainly be something that happens very far down the road and it requires us to realize there will be plenty of bear markets along the way as well. So just because we believe that it will go up, doesn't mean that we should focus on buying more and more and more. Just focus on the drops, whenever it is in the bear market and crashes, just buy some more, since it will take long time before it is 1+ million dollars, that means you will have plenty of chances to buy at the bottom.
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