Topic: 1 BTC = 100.000 to 1 million is a possibility in 2035 - page 6. (Read 7642 times)

I wouldn't make a good engineer if I wouldn't.

And yes, I'm looking forward to the day the short sighted people shoot their own foot with their shortsightedness.

I didn't expect the bear market to be this long tbh, but maybe a long bear market means an even longer bull market. But I don't have enough data to back up that claim, and that's just wishful thinking. But it seems somewhat reasonable.


The feature will have wars, probably bigger than we have ever seen. But it will be about religion, and probably not about bitcoin.

This would be..... Awesome.. Most of us from here will be millionaires then, I have to guess. I only hope the future doesn't mean wars or such things though.

I agree with you and you beat me in Math tbh.

People who are short sighted will really lose hard. period.

Well yes, obviously you can't go from $0 to $1 million with nothing in between, but what i mean is that the dream of many people who think a slow growth is natural or ideal is literally impossible.

It either grows exponentially (and due to that one law of which is can't remember the name from, that states that the value of a network is N^2 where N s the number of users, t's actually and exponential function of an exponential function, as you can also see in the chart), or it doesn't grow at all (and withers and dies).

although there might be time periods where it doesn't grow because it lacks traction, but as long as growth picks up again later that's fine, and perfectly natural.

Zimmah, I totally agree with you and you know this well (we share the same mentality).

But there is only one thing you got wrong in what you said, now we are in the middle ground because as Satoshi said, we either have zero volume or insanely high volume (check my sig.)

In other words, either we have $0 or $100K,$1M or whatever.

Also, people should read about Gartner Hype cycle and that we still didn't reach the plateau of productivity yet, which means the future is bright as f$ck.

yes i am also not sure about this. my personal view is that it cannot happen, because suppose bitcoin reached to such a high level as 1000000, then who will trade it, i think most of the users will become unable to trade bitcoin and therefore they will stop using or investing in bitcoin and the price of bitcoin will start down word journey very soon.

this logic is just stupid.

"oh bitcoin can't be worth a million because too many people would become millionaires just by holding 1 bitcoin"

there's no mathematical reason why they can't be millionaires for holding 1 bitcoin.

People have become millionaires for less. (like winning the lottery, or inheriting it, or from youtube videos).

Saying bitcoin can't be worth a lot because some people might get millionaires is like saying a youtube video can't get a billion views because otherwise the uploader would become a millionaire for just 1 stupid video.

Stop limiting your brain by what you think is not possible, because what you think is not possible is still possible. And your logic wll become horribly flawed if you draw biased conclusion based on your feeling.

look at the FACTS not at your feelings.

And for your info, there's many many millionaires in the world, so even if everyone who holds 1 bitcoin becomes a millionaire, that really wouldn't create a lot more millionaires compared to the amount of millionaires there are on the world already. It wouldn't even double.


and why is that not possible?

if you add the market cap of google and apple you'd have a trillion dollar market cap.

that's only 2 companies. With a trillion dollars between them.

Don't tell me bitcoin isn't worth more than 2 companies.


I believe it's about 0.97 years under Newtonian physics.

Obviously in real life other factors would prevent you from going that fast so easily.

But yeah, good point

people generally underestimate exponential functions.
conservatively, in 2036 we will have 6 more halvings, therefore reward would be 1/32 of today's. Add to it the increased difficulty and , depending on exact numbers, you would need approximately 32X1.81X20=1158X price increase just to maintain network as is. Factor 1.81x comes from just 2% difficulty increase per adjustment period (12 days). 20 is the number of years.

629X1158=728K/bitcoin in 2036

It will be either something like this or network transforms into something else entirely or withers.
So far the price was pretty much at the edge of miners overall profitability (plus/minus), which is what is expected for a commodity. I don't see why this would change, bubbles and busts notwithstanding. therefore, long term prediction like this makes a bit more sense, in my opinion.

EDIT: I have one interesting example of the exponential function...you are in a spaceship that just left Earth orbit. You give an order to start accelerating the ship at just 1g (earth gravity) to make everyone on board comfortable. You have fuel supply (advanced type) that can last for many many years. How long would it take for your ship to reach speed close to the speed of light (c)?
Hint...the answer is quite astonishing if you run the numbers.

you're wrong, slow adoption is impossible.

either we reached the limit of what bitcoin will ever become, or we will see exponential growth.

there's no middle ground, and there's no such thing as slow growth.







all growth is exponential until it reaches market saturation.

why should bitcoin be any different?

hint: it's not (in fact, if anything, it makes the above charts look like flat landscapes)



Tell me, what does it look like. Slow growth? Guess again.

When bitcoin grows, it grows like anything else, exponentially.

Exponential growth is natural, get used to it.

There are many big IFs. If the price performance of the bitcoin is the same as in the past, the $1 million could be reached befor 2035.

It is very possible if,

Bitcoin still exists by then,

If bitcoin doesn't get hacked,

If there won't be a better alternative,

and that's one big IF.

I am afraid of quantum computing and they say it will be be available in 2020's. Imagine what will we have in 2035. I think bitcoin will either destroyed or transformed into something stronger by then.

Anything's possible, you developing a second butt hole is possible. Just because something's possible doesn't mean it will be. Bitcoin's price to rise to $1 million in 2035 is a possiblility, but it won't be, simply because too many idiots are expecting it to happen. For it to reach $1 million, the market cap has to be trillions of dollars. It's possible but the possibility is so low as to be impossible.

Same here,  i really dont believe it at first when  i saw the chart. lol. We are already talking millions of  dollars here which is  actually a dream.  Even bitcoin would  be very successful on upcoming years but still its not possible to reach that huge price point. Even those  who hold  1btc would be  millionaires.

Only thing i know for sure about your speculation. Thats is too impossible to happen. It will took years,decades or centuries before btc get the price of $10k

you really don't understand the point I was trying to make.    

Just because 1 person holds 10,000 bitcoin doesn't mean bitcoin can't go to $100,000

In fact, it only helps.

Because bitcoin is scarce, and when 1 person holds 10,000 bitcoin, that means 476 other persons can no longer hold 21 bitcoin anymore.

The more people hold on to large amounts of bitcoin, the fewer bitcoins will be available to the rest, so the more expensive they will be.

Your logic that "someone will become a billionaire if bitcoin becomes worth $100,000, so bitcoin can't be worth that much" is completely flawed.

Otherwise you also could have said: "Facebook won't be popular, because otherwise Mark Zuckerburg would become a billionaire."      

You can't say something won't happen because someone would get rich from it, that's completely unrelated.


just because it's a large number in your head doesn't mean it's not mathematically sound.

I swear, we need to stop counting in bitcoin and start counting in smaller units, because if you just look at this forum you can easily see people have a very very distorted concept of reality.

As soon as they see big numbers they just don't compute anymore and think bitcoin is in a bubble and that it can't last.

USE FUCKING MATH, DON'T USE YOUR INTUITION BECAUSE YOUR INTUITION IS WRONG. WHAT ARE YOU A WOMAN?


it does have an effect, the effect is just not immediate.

it took almost a year for the full effect of the last halving to kick in.

and then there's other factors too.

I do not believe . it is very large number at all. I like dreaming when I saw this news. hopefully I quickly woke up. 

I dont think that this calculation can work out till 2035 because in between this time, their may come so many news which may be good or bad, and their are so many technical issues still to be solved like block size and all , so if at one stage if the solution is needed it not the bitcoin wont be able to move. As per my calculation the price which we can see is nearly $10k which is highly possible.

Hope to come to that price the bitcoin . But do not think such a high increase his prices because traders brainy increased by only few of the bitcoin is  they sale their bitcoin to have profit . So improbable that even a few years passed maybe up to $ 5,000 so that the bitcoin reach more difficult than such prices have reached that high price .

I agree with you, earning  money is still the same as earning on bitcoin. As we can see the speculation  i think it wont happen or reach that certain target price which its really too high to consider and if that happens then many of us bitcoin users would definitely  smile on that year because almost of us are already millionaires. IMO

well to be honest i really doubt that right now too and i think those people are just the ones who are believers that there should be a huge pump in price pretty soon the same like was the pump to a current all time high

there are a lot of ways right now why the price could be growing so high in my opinion such as a mass adoption and people holding their coins but we should not forget that it is always possible that thte price will go down too

in my opinion with bitcoin everything is possible and even 100000 dollar price might be achieved in such a big time, though it is still a bit more like a dream for me that might never even happen because there are a lot of other currencies with  huge potential of growing