$10million in 2023 possible? | Bitcointalksearch.org

BitcoinMarketer39

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Quote from: adpinbr on August 18, 2018, 10:18:16 AM

At the first halving on November 28, 2012, BTC/USD traded around $12. By the second, on July 9, 2016, it was $657. The third halving — due in mid-2020 or in 644 days — will see the block reward reduce from 12.5 BTC to 6.25 BTC, while What’s On Crypto suggests ongoing trends could see prices hit a giant $10 million by 2023-quoted by wilma woo.

These predictions are giving us hope about the future of bitcoin but we all know that bitcoin is know for its volatile and unstable characteristics. Do you think that the expert's predictions are possible or do you think that this are just a mere simple prediction.

To reach 10m is possible but it will have a rough time due to different price manipulators and not everyone in the market are investing and most of them still prefer to sell their coins due to volatility.

Hannahanto

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How can you easily say that $10 million in next 5 years. $10,000,000 in next 5 year. Just check where are we now. We are at $6k+. Just check out how many more thousands we require in 5 years. If $10 million in 5 years, bitcoin value at the end 2019 should be $2 million. Really possible? Lets just compare the market growth. Number of ICOs are increasing and the investors money is split. We can not expect to have a lump of investment falling on only bitcoin and thus the value would increase. Just think on it.

fulmetal08larz

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I think it is still possible for BTC to reach a price of $10M by 2023 if mass adoption and government acceptance occurs. The road to 2023 for crypto currencies has many rooms for improvement, development and growth. There are many projects and coins to choose from but only those with proper utilization in real world will survive such as in healthcare, voting system, infrastructure, logistics, administration, environment preservation, etc.

Impulseboy

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I am not sure if I believe this to be true. There are those that say that next year bitcoin is expected to rise again, however, with the current market of bitcoin, it is hard to say that it will reach $20 million per coin by 2023. That said, I expect bitcoin to continue to rise in the next five years.

DeadCoin

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Quote from: airdrophunter on September 12, 2018, 07:12:26 AM

That is not possible for me considering how bitcoin has struggled this year. It struggled to come back or break its ATH but the struggle is really there and real. Reaching 10$M 5 years from now is quite high for bitcoin to reach but since anything is possible with bitcoin, i just let the time disclose it.

Five more years to go for 2023. I would say $10 million is questionnaire. If we could have experience a good spike in values like last year, then yes there are chances to reach maximum $500K in 2023, but its too high to be fact. Just look at the crypto market. We have increasing number of ICOs getting in to the market. They are legit and are coming up with best projects. Investors are moving towards the new ICOs. As number increases, the investment is split over. Hence the demand and supply of every coin becomes less and every coin's values become low or stays at a level.

airdrophunter

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That is not possible for me considering how bitcoin has struggled this year. It struggled to come back or break its ATH but the struggle is really there and real. Reaching 10$M 5 years from now is quite high for bitcoin to reach but since anything is possible with bitcoin, i just let the time disclose it.

CrazeCoinz

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Quote from: adpinbr on August 18, 2018, 10:18:16 AM

At the first halving on November 28, 2012, BTC/USD traded around $12. By the second, on July 9, 2016, it was $657. The third halving — due in mid-2020 or in 644 days — will see the block reward reduce from 12.5 BTC to 6.25 BTC, while What’s On Crypto suggests ongoing trends could see prices hit a giant $10 million by 2023-quoted by wilma woo.

These predictions are giving us hope about the future of bitcoin but we all know that bitcoin is know for its volatile and unstable characteristics. Do you think that the expert's predictions are possible or do you think that this are just a mere simple prediction.

Bitcoin price will not follow on those previous data and as we know price is dictated by the supply and demand of the current market. Considering that there will be a price rise at that level, then who will buy at that higher price if the system of crypto will dumps after reaching a higher price. Those who have many bitcoins in their wallet are predicting impossible prices which is their strategy to create bullish market. This type of strategy is not working anymore as people are more mature to think before investing.

lauder_larger

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Quote from: carlisle1 on September 11, 2018, 09:28:35 AM

Quote from: adpinbr on August 18, 2018, 10:18:16 AM

At the first halving on November 28, 2012, BTC/USD traded around $12. By the second, on July 9, 2016, it was $657. The third halving — due in mid-2020 or in 644 days — will see the block reward reduce from 12.5 BTC to 6.25 BTC, while What’s On Crypto suggests ongoing trends could see prices hit a giant $10 million by 2023-quoted by wilma woo.

These predictions are giving us hope about the future of bitcoin but we all know that bitcoin is know for its volatile and unstable characteristics. Do you think that the expert's predictions are possible or do you think that this are just a mere simple prediction.

This prediction don’t give us hope,but this will give us frustrations since what you are pointing here is $10 millions in just five years and even if i know how to do good mathematics still looking for this value is stupidity so if you dont want to be fooled then stop this hallucinations and focus in reality

These predictions are totally baseless and this guy is misguiding people. Do you ever think of the price given? $10 million. It is just nonsense and I have nothing to comment on this bullshit. In the next 5 years if the price reaches $25000, it will be enough and the investors will be happy with this price. Till this time people only invest for making more money and not for using bitcoin.

BitcoinMarketer39

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Quote from: adpinbr on August 18, 2018, 10:18:16 AM

At the first halving on November 28, 2012, BTC/USD traded around $12. By the second, on July 9, 2016, it was $657. The third halving — due in mid-2020 or in 644 days — will see the block reward reduce from 12.5 BTC to 6.25 BTC, while What’s On Crypto suggests ongoing trends could see prices hit a giant $10 million by 2023-quoted by wilma woo.

These predictions are giving us hope about the future of bitcoin but we all know that bitcoin is know for its volatile and unstable characteristics. Do you think that the expert's predictions are possible or do you think that this are just a mere simple prediction.

It was possible to reach that price if most of the people are going to invest since the sequence of cryptocurrency is fibonacci that keeps on increasing every year.

jfelix

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The rise in bitcoin price will not be that much in percentage each halving because of this way the market cap should go to astronomic numbers that it is bigger than all the money in the world. Growth in value each halving might be bigger but in percentage will be smaller.

carlisle1

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Quote from: adpinbr on August 18, 2018, 10:18:16 AM

At the first halving on November 28, 2012, BTC/USD traded around $12. By the second, on July 9, 2016, it was $657. The third halving — due in mid-2020 or in 644 days — will see the block reward reduce from 12.5 BTC to 6.25 BTC, while What’s On Crypto suggests ongoing trends could see prices hit a giant $10 million by 2023-quoted by wilma woo.

These predictions are giving us hope about the future of bitcoin but we all know that bitcoin is know for its volatile and unstable characteristics. Do you think that the expert's predictions are possible or do you think that this are just a mere simple prediction.

This prediction don’t give us hope,but this will give us frustrations since what you are pointing here is $10 millions in just five years and even if i know how to do good mathematics still looking for this value is stupidity so if you dont want to be fooled then stop this hallucinations and focus in reality

ivannalog814

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I agree that such forecasts give hope but if you think objectively, it is a very large amount even for Bitcoin. I understand that I am not a trader or a guru, but I am more inclined to the fact that the price will be about $ 100,000 for 1 BTC in 2023 !

MGBloomz

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Quote from: adpinbr on August 18, 2018, 10:18:16 AM

At the first halving on November 28, 2012, BTC/USD traded around $12. By the second, on July 9, 2016, it was $657. The third halving — due in mid-2020 or in 644 days — will see the block reward reduce from 12.5 BTC to 6.25 BTC, while What’s On Crypto suggests ongoing trends could see prices hit a giant $10 million by 2023-quoted by wilma woo.

These predictions are giving us hope about the future of bitcoin but we all know that bitcoin is know for its volatile and unstable characteristics. Do you think that the expert's predictions are possible or do you think that this are just a mere simple prediction.

you are now talking the price of bitcoin in year 2023 for a $10Million per BTC...i think your are sleeping with your mind walking around cryptoworld. This is too much speculation that in reality the price of bitcoin suffer with the 8 blooded months and counting. We need to to find first a solution that will make the price returns to the all time high and the speculate with a $50k price.

triciaa478

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These predictions if anything is good to go by then it means all holders of bitcoins now will be billionaires now with just a fraction of Satoshi in their wallet. But I think it is not possible because if no is demanding Bitcoins the price won't go anywhere and as we speak bitcoins is competing with thousands of crypto coins that are much better or perform similar functions as it is.

St4yInTh3D4rk

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Quote from: adpinbr on August 18, 2018, 10:18:16 AM

At the first halving on November 28, 2012, BTC/USD traded around $12. By the second, on July 9, 2016, it was $657. The third halving — due in mid-2020 or in 644 days — will see the block reward reduce from 12.5 BTC to 6.25 BTC, while What’s On Crypto suggests ongoing trends could see prices hit a giant $10 million by 2023-quoted by wilma woo.

These predictions are giving us hope about the future of bitcoin but we all know that bitcoin is know for its volatile and unstable characteristics. Do you think that the expert's predictions are possible or do you think that this are just a mere simple prediction.

$10 Million is not a small figure and still we are in ealry stages of the crypto currencies because more people still don't know about the cryptos and blockchain,maybe the prices will reach $10M in few decades but it is not going to hit in 20123.But these kind of predictions were too ambitious because the price of bitcoin is still under $10K so we need to go to the next level like $25K and the move on.

sunanbonang

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it can happen if there is no negative news received by bitcoin, I can't imagine if it really happened. what's on my mind is that there will be many rich people.

KrishaBitcoin

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Quote from: adpinbr on August 18, 2018, 10:18:16 AM

At the first halving on November 28, 2012, BTC/USD traded around $12. By the second, on July 9, 2016, it was $657. The third halving — due in mid-2020 or in 644 days — will see the block reward reduce from 12.5 BTC to 6.25 BTC, while What’s On Crypto suggests ongoing trends could see prices hit a giant $10 million by 2023-quoted by wilma woo.

These predictions are giving us hope about the future of bitcoin but we all know that bitcoin is know for its volatile and unstable characteristics. Do you think that the expert's predictions are possible or do you think that this are just a mere simple prediction.

This figure is very impossible.to happen because the more the Bitcoin will become expensive then it will become more difficult to purchase too in which it will make all small time investors to be force to shift to Altcoins or non crypto investments because they are much cheaper to purchase than Bitcoin for investment.

eann014

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I think that is not possible to happen in 2023 but still we have a long wait for 2023 and there is no exact prediction for that or speculation on that year because it is too early to speculate but it is a good thing to think in a positive way with bitcoin in the future so that many investors will come back into bitcoin again and for sure many altcoin can also boost their value in the future if that's happen.

Argoo

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Quote from: BitcoinNewbie15 on August 19, 2018, 04:36:23 PM

Quote from: KenChanYu on August 19, 2018, 04:21:12 PM

Quote from: o_e_l_e_o on August 19, 2018, 04:06:56 PM

21 million coins multiplied by 10 million dollars a coin would give a market cap for Bitcoin of $210 trillion. Given that the market cap of all crypto is currently only around $210 billion, I very much doubt it that $10 million a coin will ever happen, let alone within 5 years.

This is an exaggerated expectations on bitcoin, and it wasn't exactly what we're looking for now. The $20k is just enough to happen and with that very expensive price of bitcoin that's too much. It's not possible to happen, well in fact we're still struggling to reach at $20k again and somebody's thinking that very huge value. Let's just remain calm and optimistic at best limits.

This is a prediction so ridiculous it borders parody. $10 million would only happen if the US dollar collapsed and is near worthless to the point of 100 USD buying a pack of gum. $20k will happen again eventually, just keep hodling, but don't expect $10 million. A lot of newbies have these outrageous predictions because they want to get rich.

I doubt that bitcoin will ever cost one hundred thousand dollars, and not that ten million dollars. See how it will jump up and down the price of bitcoin if it reaches at least $ 30,000. The market immediately throws out for sale so many bitcoins, that the price instantly goes down a few dozen times lower. The one who conducts such calculations is generally cut off from real life.

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Quote from: nguli on August 28, 2018, 11:31:07 PM

I think that is very likely to occur because of the growing technology and the growing number of years, this digital currency will be needed.

You do not know what you're talking about, how do you expect the price of bitcoin is going to touch 10 million dollars? We'll need a miracle for that to happen and while there are many people that are excited about the possibility, those people are going to be very disappointed when that price does not happen and it's like they will sell their coins in disappointment.

Topic: $10million in 2023 possible? (Read 888 times)