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.
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. 
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I see a lot of speculation and people saying it will go up to $100k and even $1M, but I see that as just noise. The majority of Bitcoin believers are convinced that Bitcoin can succeed. Feel free to express your opinions, but be sure to provide reasoning for your opinions. If winner-take-all is the case, bitcoin will reign supreme. I personally will win big next ATH since I am doing HODL DCA. I really don't have any choice. Maybe it won't happen until the next halving, but who cares?
I agree that having a lot of ATH would be a bit too naive to think these days, I mean it could happen time to time but not at all times but in the end we are going to be doing fine for sure. What I do not believe however is the fact that we could not really expect low things from bitcoin neither. We just need to realize the fact that bitcoin is a long term project and always goes up in the long term.We just need to focus on the fact that in a few years we could be 100k+ and that could be something normal for us, we will get used to 100k eventually, then 300k, then 500k, we will get used to all of these and they will not be big numbers at one point. We just need time to get there.
I'm glad that there are so many people who are still so optimistic about the future of bitcoin which makes me believe that bitcoin really is a must-have for every investor in their portfolio. I only agree that this is speculation, but does not rule out the possibility that $1M will be reached in the future.
I hope that after the 4 year cycle (halving) the bitcoin price can reach ATH 4 times higher than the previous ATH which will be an important factor in achieving greater returns. In the end $1M is possible, but I'm not sure about the timing.
What makes you think that the optimism of the people for bitcoin got lessen? sure there are lots of negativities that are happening lately but I don't think that will be the reason for their optimism to lessen. People are going to be more optimistic with btc because all negativities seem to not affect bitcoin and if ever there are some small effect, bitcoin is fighting it and its value will always recover.I hope that after the 4 year cycle (halving) the bitcoin price can reach ATH 4 times higher than the previous ATH which will be an important factor in achieving greater returns. In the end $1M is possible, but I'm not sure about the timing.
This isn't just a normal speculation but there are proofs offered to back it. I forgot if when will be the next halving but isn't it too much if you ask for a 4 times ATH? That never happens in the history of halving or btc. Greater returns can still be achieved with the current fluctuations or increase, it just takes some skills.
I'm glad that there are so many people who are still so optimistic about the future of bitcoin which makes me believe that bitcoin really is a must-have for every investor in their portfolio. I only agree that this is speculation, but does not rule out the possibility that $1M will be reached in the future.
I hope that after the 4 year cycle (halving) the bitcoin price can reach ATH 4 times higher than the previous ATH which will be an important factor in achieving greater returns. In the end $1M is possible, but I'm not sure about the timing.
What makes you think that the optimism of the people for bitcoin got lessen? sure there are lots of negativities that are happening lately but I don't think that will be the reason for their optimism to lessen. People are going to be more optimistic with btc because all negativities seem to not affect bitcoin and if ever there are some small effect, bitcoin is fighting it and its value will always recover.I hope that after the 4 year cycle (halving) the bitcoin price can reach ATH 4 times higher than the previous ATH which will be an important factor in achieving greater returns. In the end $1M is possible, but I'm not sure about the timing.
This isn't just a normal speculation but there are proofs offered to back it. I forgot if when will be the next halving but isn't it too much if you ask for a 4 times ATH? That never happens in the history of halving or btc. Greater returns can still be achieved with the current fluctuations or increase, it just takes some skills.
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But Ark Innovation ETF has performed poorly in the last 12 months:
12 months is not a proper time to consider investment returns over. BTC has the same problem in that many are only interested so long as every month its going up or might still go up, if people lose sight of that instant return they depart as if thats the entire story. This is not the baseline behavior for BTC base gains, its proven itself to be a long term asset surprisingly.
True, sometimes you are tempted to sell and forgot your long term goal. For sure there are those who sell at an all time high last November. But if we look at the bigger picture, the returns could magnify if we are going to wait a little bit, just like in investing in stocks. Personally, I have stocks that I have been holding for the last 10 years and not willing to sell it even it if reaches a new high. Same with bitcoin, it could be the goal is to get to $1 million for some of us.
We have seen Bitcoin make tons of new highs since it's innovation as far as 2009. By 2013 we should be expecting another massive mind blowing ATH. $1000 per BTC might be an accurate speculation going by the increase in both the adoption and investors who keep trooping into the p2p network of financial privacy
The market capitalization alone and the recent support zone that has been in a range trend for a while now is another clear indication that something massive is about to happen around bitcoin price and will be another shocker to non-investors
The market capitalization alone and the recent support zone that has been in a range trend for a while now is another clear indication that something massive is about to happen around bitcoin price and will be another shocker to non-investors
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But Ark Innovation ETF has performed poorly in the last 12 months:
12 months is not a proper time to consider investment returns over. BTC has the same problem in that many are only interested so long as every month its going up or might still go up, if people lose sight of that instant return they depart as if thats the entire story. This is not the baseline behavior for BTC base gains, its proven itself to be a long term asset surprisingly.
We are close enough to mine all the supply of Bitcoin, it can happen in the next 5 years or even on 2030 so we can expect an expensive Bitcoin. Long term trend is still good with Bitcoin, I'm excited in the coming years to see Bitcoin to rise again.
Quote
But Ark Innovation ETF has performed poorly in the last 12 months:
12 months is not a proper time to consider investment returns over. BTC has the same problem in that many are only interested so long as every month its going up or might still go up, if people lose sight of that instant return they depart as if thats the entire story. This is not the baseline behavior for BTC base gains, its proven itself to be a long term asset surprisingly.
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.
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.
ARK started to perform poorly because during that period many stocks have already peaked. Most think the stock market bear has started in Nov 21 when crypto peaked but it started in the Summer of 2021 pretty much.
The indices kept making new highs only because stocks like Tesla, Apple, Facebook had good gains however many stocks like Peleton, Baba, Uber, etc already peaked and have been hitting constant 52 week lows for the last few months.
The fund is doing poorly as a result of the timing in the markets. They should of gotten out much earlier than they did. They will be back up when the bull market returns however.
The indices kept making new highs only because stocks like Tesla, Apple, Facebook had good gains however many stocks like Peleton, Baba, Uber, etc already peaked and have been hitting constant 52 week lows for the last few months.
The fund is doing poorly as a result of the timing in the markets. They should of gotten out much earlier than they did. They will be back up when the bull market returns however.
I'm glad that there are so many people who are still so optimistic about the future of bitcoin which makes me believe that bitcoin really is a must-have for every investor in their portfolio. I only agree that this is speculation, but does not rule out the possibility that $1M will be reached in the future.
I hope that after the 4 year cycle (halving) the bitcoin price can reach ATH 4 times higher than the previous ATH which will be an important factor in achieving greater returns. In the end $1M is possible, but I'm not sure about the timing.
I hope that after the 4 year cycle (halving) the bitcoin price can reach ATH 4 times higher than the previous ATH which will be an important factor in achieving greater returns. In the end $1M is possible, but I'm not sure about the timing.
We've got more 8 years for 2030. The market can grow in any direction and it should grow in same percentage as bitcoin have grown since 2008. There is more possible chances, but anything beyond certain limits could make it under valued. With Bitcoin more good news in terms of adoption, regulation and real time acceptance is happening from countries and firms that once stood against bitcoin and kept it on the ban list.
Bitcoin has achieved a lot within just 13 years since its inception. Imagine how big it'll be within 8 years from now. Considering that 8 years is an "eternity" in crypto land, a lot of things can happen. With how governments are quickly opening their arms to Bitcoin, it's very likely the price will go far beyond just $1m. "Hodlers" today will be the ones that will largely benefit in the future.
Nonetheless, it's never late to get into Bitcoin. As long as you don't invest more than what you can't afford to lose, you'll have nothing to worry about. Just my thoughts
When I got into Bitcoin sometime in 2016, the price was only three digits. I never expected that the price would reach five digits. But it happened. When the price hit five digits, I didn't think it would reach six digits. But now I am 100 percent sure it will. And not only will the price reach six digits, it will also reach seven digits. When exactly? I can't be sure if 8 years is enough. But perhaps let us set that aside for now and reach six digits first.
We've got more 8 years for 2030. The market can grow in any direction and it should grow in same percentage as bitcoin have grown since 2008. There is more possible chances, but anything beyond certain limits could make it under valued. With Bitcoin more good news in terms of adoption, regulation and real time acceptance is happening from countries and firms that once stood against bitcoin and kept it on the ban list.
That's a long wait but for those who are preparing, why not?
For those who can afford and can take the risks, they can very well buy today and forget that they have bitcoin in stash.
But for most of us who can't wait that long, just keep up with the market, and grab the opportunity when it presents to you.
But $1M, just wow! Who knows? We can never tell the future. Just hoping for the best.
Not forget but at least learn how to save it in a safe environment and do everything to protect it. We've seen so many early investors who didn't do this one and they regret it. They know they have some stash somewhere else, but they forgot the most important thing, to back up the private keys an the mnemonic phrase. But for most of us who can't wait that long, just keep up with the market, and grab the opportunity when it presents to you.
But $1M, just wow! Who knows? We can never tell the future. Just hoping for the best.
We've got more 8 years for 2030. The market can grow in any direction and it should grow in same percentage as bitcoin have grown since 2008. There is more possible chances, but anything beyond certain limits could make it under valued. With Bitcoin more good news in terms of adoption, regulation and real time acceptance is happening from countries and firms that once stood against bitcoin and kept it on the ban list.
That's a long wait but for those who are preparing, why not?
For those who can afford and can take the risks, they can very well buy today and forget that they have bitcoin in stash.
But for most of us who can't wait that long, just keep up with the market, and grab the opportunity when it presents to you.
But $1M, just wow! Who knows? We can never tell the future. Just hoping for the best.
We've got more 8 years for 2030. The market can grow in any direction and it should grow in same percentage as bitcoin have grown since 2008. There is more possible chances, but anything beyond certain limits could make it under valued. With Bitcoin more good news in terms of adoption, regulation and real time acceptance is happening from countries and firms that once stood against bitcoin and kept it on the ban list.
We all know about the magic that can happen in the crypto space - I support this high growth - look how many new ppl get daily attracted to the cryptoworld also by "bad news" and the crisis - but they understand more than ever before - the money on their bank account is not under their control - crypto is freedom.
Crypto is indeed freedom but you couldnt just let people or do make them convinced on going all in with it but somehow at least we do have some option to take whether we do accumulate fiat or both basing up on what you are needing or preferred in terms of storing up your assets. As for speaking with $1M on year 2030 then we couldnt really be
that sure but it isnt bad to having some accumulation of Satoshis on our own wallets and hold for long term.Who knows if we would really be heading right there?
Surely we do not have a prediction ball to make sure about the future and how everything going especially when we are talking about a market like bitcoin which is still young and there are many possibilities about the situation of this market, while a new year ago when bitcoin was trading for less than 500 bucks none could believe to see bitcoin trading above 60K but this happened, right now people do not believe to see bitcoin price reaching 1m dollars but I guess it will reach even higher targets and that's not impossible.
We all know about the magic that can happen in the crypto space - I support this high growth - look how many new ppl get daily attracted to the cryptoworld also by "bad news" and the crisis - but they understand more than ever before - the money on their bank account is not under their control - crypto is freedom.
I posted this about 2 months ago here https://bitcointalksearch.org/topic/m.59084278
This is really an interesting report, and this is the best image imo:
It really looks to have an enormous potential, and this image illustrates it very well comparing it to other world asset classes.
But Ark Innovation ETF has performed poorly in the last 12 months:
They investi in a lot of things other than crypto, and crypto is down for some time as well...
This is really an interesting report, and this is the best image imo:
It really looks to have an enormous potential, and this image illustrates it very well comparing it to other world asset classes.
But Ark Innovation ETF has performed poorly in the last 12 months:
They investi in a lot of things other than crypto, and crypto is down for some time as well...
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