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Topic: $10,000,000 by 2028 - page 2. (Read 1567 times)

full member
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www.daxico.com
October 13, 2018, 04:39:21 PM
I don't really know if bitcoin can really reach 100,000$ by 2020s and that price of yours is really way beyond my imagination if i based it with how bitcoin and the market has struggled in the past couple of months. That's is really an unrealistic amount of price per bitcoin in my opinion but who knows, your prophecy will come true. Smiley
jr. member
Activity: 262
Merit: 1
https://saturn.black
October 13, 2018, 11:40:04 AM
Perhaps, in the future, with the disappointment of people against the real currency, the emergence of BTC. Not the same technology. It is possible to realize a BTC of $10 million. We should have expectations for the future BTC.
in my opinion, changing the original currency with bitcoin is not the right way to avoid an economic crisis because bitcoin prices are very volatile. I am sure all countries will reject that because currency is a symbol of the state.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
October 13, 2018, 11:02:04 AM
Perhaps, in the future, with the disappointment of people against the real currency, the emergence of BTC. Not the same technology. It is possible to realize a BTC of $10 million. We should have expectations for the future BTC.
It is clear that at some point in the future there is going to be economic problems all around the world because the system in which the world economy its based is simply not solid enough to go without crisis for a long time, and the problem is that countries are heavily indebted and it's possible that the next crisis is so big that destroys the current system and if that happens people are going to look for an alternative, and that alternative is bitcoin.
full member
Activity: 798
Merit: 101
October 11, 2018, 05:56:43 PM
Perhaps, in the future, with the disappointment of people against the real currency, the emergence of BTC. Not the same technology. It is possible to realize a BTC of $10 million. We should have expectations for the future BTC.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
October 11, 2018, 04:21:18 PM
If one bitcoin is worth $10m in 10 years, are these the same 10m as today ? Does it buy the same stuff ? :/
There is too much dynamics at the same moment. You can't easily have such debates.

Bitcoin price should be seen as a side effect of what bitcoin is.

Otherwise .. Here's a $10m note for you Cheesy

Who knows? 10 years is such a long time frame that is impossible to know exactly what it's going to happen, in 10 years things could be very similar, but the world could also be completely different than what we have today, however it is very obvious that if there was a huge economic crisis around the world then it will be a lot easier for bitcoin to reach that price not only because there is going to be more adoption but also because 10 millions are not going to buy what they buy today.
legendary
Activity: 2464
Merit: 3158
October 11, 2018, 02:55:09 PM
If one bitcoin is worth $10m in 10 years, are these the same 10m as today ? Does it buy the same stuff ? :/
There is too much dynamics at the same moment. You can't easily have such debates.

Bitcoin price should be seen as a side effect of what bitcoin is.

Otherwise .. Here's a $10m note for you Cheesy
hero member
Activity: 1204
Merit: 505
October 11, 2018, 02:28:28 PM
These are unrealistic numbers that he will never be worth. don't take seriously the same predictions
For someone back in 2011 or thereabout, I can remember on this forum someone saying that a certain small amount, I think $10 was too overpriced and unrealistic for bitcoin. It may be unrealistic now, but one thing for sure is that anything can happen. It is a market, no one knows tomorrow, trust me, adoption is even in its very little percentage and with things changing, we can get to see the price skyrocket.

Yeah, it is something no one can actually tell what tomorrow is going to hold, and all we can do is to just wait and see how things would turn out. I really would not be so much focused on the price actually at the moment, but I would rather be focused more on real life usage as that is what would bring about sustainable growth.
jr. member
Activity: 31
Merit: 1
October 11, 2018, 07:33:40 AM
This really crack me up because of the market price being predicted but that's really a possibility that bitcoin will reach that price since each year, the users and investors of bitcoin are also increasing.
No doubt the users and investors are increasing with the passage of time but the given price for 2028 is very high and there is no possibility for this price. Do you have an idea that if the price of bitcoin reaches to $10, 00,000, how many people will be able to buy bitcoin? It is a currency and the price of any currency depends upon the investment capital and people will invest when they have the power of buying.
sr. member
Activity: 532
Merit: 255
October 10, 2018, 05:36:02 PM
This thing can be a phenomenon which is extraordinary. Although the predictions are not as accurate with the reality what will happen, I think the price's as high as $ 10.000.000 will occur in the future price of bitcoin. And the government might say to everyone that we have to accept it, hopefully. 2028 is a long time however along with the development of economics in the community with a slow method maybe the number of people adopting bitcoin will increase. I think this's one of the main reasons.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
October 10, 2018, 04:27:46 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.
No one that is holding bitcoin will oppose such a prediction but I'm not really that sure that we are going to see bitcoin being so expensive so soon, and this is because people have a lot of problems adjusting to new circumstances, when there is an economic crisis people are going to do the same that they have done for some time, investing in bonds and in precious metals and they are not going to consider investing in bitcoin until it is too late.
legendary
Activity: 1512
Merit: 1041
October 10, 2018, 07:37:54 AM
No, 10 million is quite frankly absurd and completely out of the realm of possibility. That would make the market cap of Bitcoin ~200 Trillion, which is just stupid. A million dollar Bitcoin would be market cap of around 20 Trillion (or if you account for the lost bitcoin more like 17 trillion). I think this is about the absolute roof of Bitcoin's price: 1 Million. Though I certainly don't expect that in the next 10 years.

In the next 10 years I think we'll see a stable price in the mid 6 digits. If Bitcoin sticks around as the reserve currency and store of value for the world then maybe in 20 or 30 years we could maybe see something approaching $1 million.

It looks likely Bitcoin will achieve a peak of $100k in probably 2020. Then you wait another bear-bull cycle and maybe in 2024 it hits a peak around $250k-$300k and achieves a stable bottom in the low 6 digits. By 2028 we could see a peak above $400k or maybe even hitting half a million, with a stable bottom price in the low-mid 6 digits ($200k-$300k).

The only way it ever reaches $10 million is due to inflation in the distant future once inflation has decreased the value of USD to the point at which you can't get a new car for less than $150k.
I totally agree that it sounds absurd, but the fact that it is completely out of the realm of possibility is something I would not agree with. The fact remains that no one can actually tell what the future holds and that is a fact and few years ago, I would not have thought by now the market will be finding a bottom at around $6k while dropping from an All-time high of $19800 or thereabout last year.

The market is always going to be filled with mysteries, the reason why I said it is absurd is because that is quite some few 10 years to see such happen, but judging from the fact that with mainstream adoption kicking in gradually and adoption increasing, I would not doubt the possibility of anything. However, at the end of it all, whichever way the market turns out, I just hold until we get to that peak stage where the market is actually being used for what it is and not just for speculative purposes.
jr. member
Activity: 86
Merit: 2
October 10, 2018, 06:58:08 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..

I agree mate, that would be so hard to reach that bitcoin price and that's too much. But anyways, it's a very huge price ever and I guess we're just too positive for that. Maybe if the whole world would adopt bitcoin we'll be able to come up with that value. With the situations of the problems of economy, that would be impossible for all countries to use cryptocurrency so for that $10m I wouldn't be thinking the same way our mate was.
In my opinion there will be a limit for bitcoin and it will not accede that limit. In 2028 the use of bitcoin will prevail in the world. Most of the people in the world especially in advanced countries will use bitcoin as their regular currency. 10 years is a big time for bitcoin to hold the market throughout the world. I don’t think that it will cross $50000 ever.
sr. member
Activity: 924
Merit: 260
October 09, 2018, 02:22:13 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.
hero member
Activity: 1190
Merit: 500
October 09, 2018, 12:11:03 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
sr. member
Activity: 1484
Merit: 253
October 08, 2018, 10:08:04 PM
This price is very much expensive if it would be possible to reach that value. Thinking about that very long span of time until 2028, I guess we're going to experience more challenging before reaching that goals for bitcoin.

Maybe there's a less possible scenario in the future, but my appreciation for this right now still crypto will just make it at $1m per coin is optimal. Don't dream to fast, and for me we're just speculation the impossible value.
jr. member
Activity: 154
Merit: 1
October 08, 2018, 06:09:16 PM
These are unrealistic numbers that he will never be worth. don't take seriously the same predictions
full member
Activity: 868
Merit: 151
October 08, 2018, 12:08:01 PM
Thats a very big number , a huge value o reach and its very very hard to happen . We cannot predict anything from now cuz anything could happen in 10 year , bitcoin may disappear or drop at a really small number and never grew up again . We’ll gonna see in 2028 whats gonna happen.

Well that is totally unrealistic number what the OP has stated and we do not expect that the price can reach anywhere near to it. Yes somewhere in 20k range should be the target for to reach in next year and it would be great if that it can retain that level.
hero member
Activity: 2240
Merit: 848
October 08, 2018, 11:18:33 AM
No, 10 million is quite frankly absurd and completely out of the realm of possibility. That would make the market cap of Bitcoin ~200 Trillion, which is just stupid. A million dollar Bitcoin would be market cap of around 20 Trillion (or if you account for the lost bitcoin more like 17 trillion). I think this is about the absolute roof of Bitcoin's price: 1 Million. Though I certainly don't expect that in the next 10 years.

In the next 10 years I think we'll see a stable price in the mid 6 digits. If Bitcoin sticks around as the reserve currency and store of value for the world then maybe in 20 or 30 years we could maybe see something approaching $1 million.

It looks likely Bitcoin will achieve a peak of $100k in probably 2020. Then you wait another bear-bull cycle and maybe in 2024 it hits a peak around $250k-$300k and achieves a stable bottom in the low 6 digits. By 2028 we could see a peak above $400k or maybe even hitting half a million, with a stable bottom price in the low-mid 6 digits ($200k-$300k).

The only way it ever reaches $10 million is due to inflation in the distant future once inflation has decreased the value of USD to the point at which you can't get a new car for less than $150k.
full member
Activity: 434
Merit: 100
The Exchange for EOS Community
October 08, 2018, 07:05:24 AM
While the possibilities of enormous growth to bitcoin's price is open anytime, then that price will be attainable if the adaption of bitcoin is present in almost part of the world because the more people utilizes it, the higher the demand will be.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
October 07, 2018, 10:40:57 AM
This really crack me up because of the market price being predicted but that's really a possibility that bitcoin will reach that price since each year, the users and investors of bitcoin are also increasing.

Lol. That's 10 years from now and though many things can happen, i think that's reaching for the stars. Even john mcaffee probably won't be that confident that bitcoin will even reach that high. That's just my two cents. It would really be nice if that cones true but i can't see any reasons how.
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