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Topic: $10,000,000 by 2028 (Read 1560 times)

newbie
Activity: 1
Merit: 0
October 30, 2018, 06:44:14 AM
that would be nice
member
Activity: 392
Merit: 39
October 30, 2018, 06:26:32 AM
An interesting discussion turned out in this topic, but I really wonder if there are chances for Bitcoin to grow to $10 million? In financial terms, what should happen in order for Bitcoin to fill up and receive a capitalization of several trillion dollars? Many people do not even believe that it will cost one million dollars.

Math is good, meth is bad. Use math...

A market cap of several trillion would mean the price of bitcoin in the $100.000-200.000 range. This is something that is possible.

Pushing the price to 1-10 million would put the market cap in the range of 10-100 trillion. That's more than there's money in the world to put it simply...
Well, if they keep inflation of US dollar the way it is now, we may have 10 or even 100 million soon Smiley
sr. member
Activity: 686
Merit: 277
October 30, 2018, 01:43:49 AM
An interesting discussion turned out in this topic, but I really wonder if there are chances for Bitcoin to grow to $10 million? In financial terms, what should happen in order for Bitcoin to fill up and receive a capitalization of several trillion dollars? Many people do not even believe that it will cost one million dollars.
Yeah, we can’t say this couldn’t happen. This is possible, but the biggest truth is, it will take big and big time. Right now, as bitcoin is quite in initial times and developments are being carried out to make it reach out to most population. Still we are facing a sparkling opposition from governments and countries. Things will be getting fine and happy, but we must have to work hard for it.
hero member
Activity: 1414
Merit: 516
October 26, 2018, 10:33:31 AM
I really don't know what to say, but i think we can't reach so high value in 2028, maybe over 3,000,000$ but this is just my thoughts. If people will get bitcoin and will sell then we can't get so high. To reach high price we need a lot of money to get in crypto and a lot of holders, which will keep their bitcoin for long time.
hero member
Activity: 924
Merit: 500
October 26, 2018, 09:42:34 AM
bitcoin prices will not be able to be as expensive as it is, it will definitely make many people to think a lot to buy at expensive prices, your dream about the price of bitcoin is too high, I don't believe bitcoin can be that expensive.
hero member
Activity: 1276
Merit: 622
October 26, 2018, 08:25:44 AM
An interesting discussion turned out in this topic, but I really wonder if there are chances for Bitcoin to grow to $10 million? In financial terms, what should happen in order for Bitcoin to fill up and receive a capitalization of several trillion dollars? Many people do not even believe that it will cost one million dollars.

Math is good, meth is bad. Use math...

A market cap of several trillion would mean the price of bitcoin in the $100.000-200.000 range. This is something that is possible.

Pushing the price to 1-10 million would put the market cap in the range of 10-100 trillion. That's more than there's money in the world to put it simply...
member
Activity: 476
Merit: 17
October 26, 2018, 06:01:21 AM
An interesting discussion turned out in this topic, but I really wonder if there are chances for Bitcoin to grow to $10 million? In financial terms, what should happen in order for Bitcoin to fill up and receive a capitalization of several trillion dollars? Many people do not even believe that it will cost one million dollars.
hero member
Activity: 1148
Merit: 527
October 26, 2018, 03:05:37 AM
That's right, im making the prediction. In 10 years Bitcoin will have a marketcap of several trillions. Most fiat sitting in dumb places like bonds, derivatives, idiotic stocks, easy to counterfeit metals such as silver and gold... will be sitting on the capital B blockchain.

We'll go parabolic in ways never fathomed before. After we gross the first million barrier it will open Pandora's box. Minds will be blown, everything will become possible. Anyone not holding wealth in Bitcoin will have their goods at constant systemic risk.

Go all in and hold.
This is a very high speculations and we would be happy bitcoin get to that level.  We should not fail to be part of this great opportunity that blockchain technology has brought to us.  I think we should invest now and be part of the history.
The market cap of bitcoin in increasing day by day and after 10 years you are right that it will cross trillions of dollars but the price will ever cross $20000 because with a huge price people would not be able to buy bitcoin. They will prefer low price coins for earning money and buy some satoshi for using for their daily routine expenditures and other financial needs.

Emmm...

So the market cap will increase dramaticaly, but the price will not... An interesting idea. It'd be a shame if it weren't possible because of math... Wink
When bitcoin become the global currency then nobody will compare it with other currency. Like I do not price my local currency with dollar when I use it in my local markets. I have nothing to do with dollar. Dollar is a scale for every currency these days and for bitcoin and Altcoin as well but then nobody will calculate bitcoin price is dollars. Therefore forget about $20000.
Obviously, imagining when there would have been some level of real life usage, a lot of people getting to see the real value, mainstream adoption, easy spending in stores, and so many more, I can imagine what the price will be by then.

With just speculations alone, we are here now, imagine what the possibilities of 10 years’ time will be holding. The main reasons we keep saying buy as much as you can at the moment. I would not doubt it as I absolutely was one of the people who thought $10k would have been too much for an expectation last year and we blew straight past it to imprint a higher level of ATH, so in the next 10 years, I can imagine what this market would be like if all things work as expected in terms of usage and adoption.
member
Activity: 322
Merit: 10
╔►[FILIPINO Translator]◄╝
October 25, 2018, 05:58:35 PM
It was on this section too that i have read a post that bitcoin will reach 50,000$ by 2019 and this time is way beyond my expectation. This may sounds funny but it's everyone's opinion to express his realistic or unrealistic amount of bitcoin.
newbie
Activity: 64
Merit: 0
October 24, 2018, 06:32:35 AM
That's right, im making the prediction. In 10 years Bitcoin will have a marketcap of several trillions. Most fiat sitting in dumb places like bonds, derivatives, idiotic stocks, easy to counterfeit metals such as silver and gold... will be sitting on the capital B blockchain.

We'll go parabolic in ways never fathomed before. After we gross the first million barrier it will open Pandora's box. Minds will be blown, everything will become possible. Anyone not holding wealth in Bitcoin will have their goods at constant systemic risk.

Go all in and hold.
This is a very high speculations and we would be happy bitcoin get to that level.  We should not fail to be part of this great opportunity that blockchain technology has brought to us.  I think we should invest now and be part of the history.
The market cap of bitcoin in increasing day by day and after 10 years you are right that it will cross trillions of dollars but the price will ever cross $20000 because with a huge price people would not be able to buy bitcoin. They will prefer low price coins for earning money and buy some satoshi for using for their daily routine expenditures and other financial needs.

Emmm...

So the market cap will increase dramaticaly, but the price will not... An interesting idea. It'd be a shame if it weren't possible because of math... Wink
When bitcoin become the global currency then nobody will compare it with other currency. Like I do not price my local currency with dollar when I use it in my local markets. I have nothing to do with dollar. Dollar is a scale for every currency these days and for bitcoin and Altcoin as well but then nobody will calculate bitcoin price is dollars. Therefore forget about $20000.
hero member
Activity: 1139
Merit: 500
October 22, 2018, 11:14:53 PM
In my opinion, if that will be the predicted then I suppose all people in the world are now aware and all using bitcoins but for now, with all the chaos happening to BTC price, Its will have small chance to reach that kind of prediction, Still, I am holding bitcoins and using it as my  primary funds and then mine new potential altcoins like ravencoin.

  Ths speculation are just guesses whereas spread along the world of crypto. Nothing wrong with that, but we have to acknowledge the current situation that we are finghting right now. Though its about 2028 maybe we can reach that peak by tge guidance of our positive motivations and optimism. As of now, focus on what are best thing to do in order gain the bull run occurence by this 2018.
sr. member
Activity: 1162
Merit: 268
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October 22, 2018, 10:27:31 PM
In my opinion, if that will be the predicted then I suppose all people in the world are now aware and all using bitcoins but for now, with all the chaos happening to BTC price, Its will have small chance to reach that kind of prediction, Still, I am holding bitcoins and using it as my  primary funds and then mine new potential altcoins like ravencoin.
hero member
Activity: 784
Merit: 500
October 22, 2018, 10:16:08 PM
Your price predictions are too high, but I am very confident that the price of bitcoin can be very expensive and that bitcoin may touch that expensive price in 2028, because bitcoin has a very strong influence in terms of demand, bitcoin has a very high demand, and in terms of very limited total supply makes the price of bitcoin can be very expensive in the future.
legendary
Activity: 1372
Merit: 1252
October 22, 2018, 07:27:08 PM
That's right, im making the prediction. In 10 years Bitcoin will have a marketcap of several trillions. Most fiat sitting in dumb places like bonds, derivatives, idiotic stocks, easy to counterfeit metals such as silver and gold... will be sitting on the capital B blockchain.

We'll go parabolic in ways never fathomed before. After we gross the first million barrier it will open Pandora's box. Minds will be blown, everything will become possible. Anyone not holding wealth in Bitcoin will have their goods at constant systemic risk.

Go all in and hold.

If in 10 years Bitcoin will be worth that much that means that it will severely harm value of USD. and that means that with 1BTC or with $10m you will be able to buy way less as we imagine.  Well, it will be less as we imagine right now anyway. If inflation is only few % it will already be 1/3 less. 

So why dont you rather put these long term predictions in Gold?  Will Bitcoin be worth 5000 ounces of Gold in 2018? Will be 10000?

A lot of people don't seem to realize how the USD has been performing in the past few years. Just 10 years ago we saw a massive peak (right when bitcoin was released ironically enough) on its inflation:




And then picture in the (also ironically enough) $21 trillion USD debt and growing. Then extrapolate this into 10 years... we are going to see some crazy things, and $10 million per coin in 10 years is not out of the picture. Im not worried purchasing power wise. 1 BTC will always be 1 BTC, in 10 years this fact should be clear enough that you can buy anything you need with it.
full member
Activity: 756
Merit: 102
October 22, 2018, 08:43:48 AM

sound impossible and many people seems to disagree but im not one of them  , im with you op because i believe that 10m usd is possible as long as we can see a several ath every single year .

to be honest , 10m usd is still pretty small when compared to the potential value that bitcoin could reach when the supply is already run out and when the adoption is totally accepted worldwide .

but right now lets just only foccus on the reality that cryptos are still down .  we'd rather use this great opportunity to buy and hoard more crypto coins .
jr. member
Activity: 91
Merit: 1
October 22, 2018, 06:54:40 AM
That's right, im making the prediction. In 10 years Bitcoin will have a marketcap of several trillions. Most fiat sitting in dumb places like bonds, derivatives, idiotic stocks, easy to counterfeit metals such as silver and gold... will be sitting on the capital B blockchain.

We'll go parabolic in ways never fathomed before. After we gross the first million barrier it will open Pandora's box. Minds will be blown, everything will become possible. Anyone not holding wealth in Bitcoin will have their goods at constant systemic risk.

Go all in and hold.
This is a very high speculations and we would be happy bitcoin get to that level.  We should not fail to be part of this great opportunity that blockchain technology has brought to us.  I think we should invest now and be part of the history.
The market cap of bitcoin in increasing day by day and after 10 years you are right that it will cross trillions of dollars but the price will ever cross $20000 because with a huge price people would not be able to buy bitcoin. They will prefer low price coins for earning money and buy some satoshi for using for their daily routine expenditures and other financial needs.
I think in next 10 years it will be more than $100,00,000. But the main purpose of bitcoin is not increasing only its market cap but also acceptance and using throughout the world. This will happen in the coming few years because we are proceeding towards digital currency and soon we will see bitcoin everywhere in the markets just like our local currency.
hero member
Activity: 1276
Merit: 622
October 18, 2018, 04:38:35 AM
That's right, im making the prediction. In 10 years Bitcoin will have a marketcap of several trillions. Most fiat sitting in dumb places like bonds, derivatives, idiotic stocks, easy to counterfeit metals such as silver and gold... will be sitting on the capital B blockchain.

We'll go parabolic in ways never fathomed before. After we gross the first million barrier it will open Pandora's box. Minds will be blown, everything will become possible. Anyone not holding wealth in Bitcoin will have their goods at constant systemic risk.

Go all in and hold.
This is a very high speculations and we would be happy bitcoin get to that level.  We should not fail to be part of this great opportunity that blockchain technology has brought to us.  I think we should invest now and be part of the history.
The market cap of bitcoin in increasing day by day and after 10 years you are right that it will cross trillions of dollars but the price will ever cross $20000 because with a huge price people would not be able to buy bitcoin. They will prefer low price coins for earning money and buy some satoshi for using for their daily routine expenditures and other financial needs.

Emmm...

So the market cap will increase dramaticaly, but the price will not... An interesting idea. It'd be a shame if it weren't possible because of math... Wink
newbie
Activity: 30
Merit: 0
October 16, 2018, 03:07:37 AM
That's right, im making the prediction. In 10 years Bitcoin will have a marketcap of several trillions. Most fiat sitting in dumb places like bonds, derivatives, idiotic stocks, easy to counterfeit metals such as silver and gold... will be sitting on the capital B blockchain.

We'll go parabolic in ways never fathomed before. After we gross the first million barrier it will open Pandora's box. Minds will be blown, everything will become possible. Anyone not holding wealth in Bitcoin will have their goods at constant systemic risk.

Go all in and hold.
This is a very high speculations and we would be happy bitcoin get to that level.  We should not fail to be part of this great opportunity that blockchain technology has brought to us.  I think we should invest now and be part of the history.
The market cap of bitcoin in increasing day by day and after 10 years you are right that it will cross trillions of dollars but the price will ever cross $20000 because with a huge price people would not be able to buy bitcoin. They will prefer low price coins for earning money and buy some satoshi for using for their daily routine expenditures and other financial needs.
legendary
Activity: 2730
Merit: 1288
October 14, 2018, 07:07:35 AM
That's right, im making the prediction. In 10 years Bitcoin will have a marketcap of several trillions. Most fiat sitting in dumb places like bonds, derivatives, idiotic stocks, easy to counterfeit metals such as silver and gold... will be sitting on the capital B blockchain.

We'll go parabolic in ways never fathomed before. After we gross the first million barrier it will open Pandora's box. Minds will be blown, everything will become possible. Anyone not holding wealth in Bitcoin will have their goods at constant systemic risk.

Go all in and hold.

If in 10 years Bitcoin will be worth that much that means that it will severely harm value of USD. and that means that with 1BTC or with $10m you will be able to buy way less as we imagine.  Well, it will be less as we imagine right now anyway. If inflation is only few % it will already be 1/3 less. 

So why dont you rather put these long term predictions in Gold?  Will Bitcoin be worth 5000 ounces of Gold in 2018? Will be 10000?
newbie
Activity: 67
Merit: 0
October 14, 2018, 02:41:37 AM
10 Million dollars for the bitcoin is very realistic because the highest possible price of bitcoin is only 100k dollars and even that is very low chance to happen only because bitcoin now is very low price and we don't know until when is this.

Am I misunderstanding your statement? 10M dollars is very realistic but you said that the highest possible price is 100k dollars only? Or did you mean to say "unrealistic"?
For me it is even hard to reach its last year highest price again in the next 10 years, of course hard does not mean impossible. Chance is always exist but I do not know what will make its price raising again. As a trader, I will just follow the price movement and take all possible chance to make profit. I wont hope too much..
although all things can happen but to achieve such a high price is very difficult to achieve, what is the reason so that prices can reach $10 million per btc? even the gold used by everyone in the world does not reach that high price? Will the price of bitcoin be that high if it is used by everyone? I dont think so
I am not sure about the price by 2028 but one thing I can say that more and more people will use bitcoin as their regular currency even in their local markets. With the passage of time more and more countries are accepting bitcoin and after 10 years this number will be more than triple. Price is not a problem here, the actual aim of bitcoin is to use it as regular currency.
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