Topic: $10million in 2023 possible? - page 4. (Read 871 times)
I am hoping that bitcoin will have a massive value. 10 million looks possible from my opinion. I think if bitcoin become accepted everywhere it will surpass this huge milestone.
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.
I think that ten million dollars bitcoin will never cost. It will not cost one million dollars. It's nothing more than fantasy. And in general it is difficult to predict the price of bitcoin, he constantly presents us with unexpected price surprises. In general, we need to remember that the higher the bitcoin's price, the more risky it will be to invest in it. 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.
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.
Man, bitcoin is supposed to be a currency. No would pay 10 Million for a freaking currency. If it goes to 10 Million, there'll be less buyers and more sellers. So if that scenario ever becomes true, bitcoin will fall back hard, so badly. 10 Million is a ridonculous amount. Just go buy some kfc using Bitcoin from Canada,if you live there. Or go buy something, but don't come up with this thought. 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.
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.
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.
The logic is pretty right, but I doubt it will happen. Only the US debt can go parabolic
. In your case bitcoin should show the same parabolic growth as all the previous years, and big boys will not allow earning that kind of money. I think the price will follow those big whale wallets, which did not move much of btc and hodl. Imagine if they will sell, where the price will go. Anyways, bitcoin has a bright future, but I doubt we will go even to 6 figures in next few years.
awesome, more uber bullish extrapolations. instead of 5 figures, we're going for 8! 
if you ask me, there's no point extrapolating. even if we assume similar rates of growth in demand (based on the past), it's impossible to know how much of the bitcoin supply could come to market at any given price level. we're starting to get some rough estimations regarding the number of lost coins (or coins that are unlikely to move, like the bitfinex hack coins), but there are simply too many unknown variables.
markets are already unpredictable when you have lots of market information. here, we have very little.
if you ask me, there's no point extrapolating. even if we assume similar rates of growth in demand (based on the past), it's impossible to know how much of the bitcoin supply could come to market at any given price level. we're starting to get some rough estimations regarding the number of lost coins (or coins that are unlikely to move, like the bitfinex hack coins), but there are simply too many unknown variables.
markets are already unpredictable when you have lots of market information. here, we have very little.
The expert's prediction maybe occur cause 2023 is still very far around 4 years away and in those days there will definitely be a lot of good news that will drive value,That 10 million predictions are full of hope I also want that good thing, but not all will go smoothly towards that value.
10 million USD is very big amount. I don't it will be easy to achieve this value. I am a bitcoin fan but still i think 10 million is not a joke. From my point of view i see bitcoin on 100k USD in 2023.
Actually it is unpredictable. It can be $10million or it can be more expensive. But I am hoping bitcoin will be really glorious in the near future. Who knows how will be the market and how the price will rise.
I think it’s possible. The way bitcoin get popularities and spreading all over the world so anything can be happened just we need the market to be stable. And I hope within a very short time we can see the rising.
I think bitcoin will be the most expensive coin when the market will be bullish. So $10 million just a small prediction, I hope it will be more.
There are a lot of fake ICO projects in the current crypto market. Because of them, the investors are getting afraid to invest for cryptocoins like bitcoin. I think if the fake projects out of the market then it will be possible to reach $10 million easily.
Bitcoin will be the costliest coin in the future. The rate is dependent on the demand and sale of bitcoin. It this continue in future also, I think it will be $10 million.
There is a possibility that bitcoin will reach $10 million. If the market is regulated and the demand and price will be the same as now then it will reach $10 million.
I don’t agree with the amount you have mentioned but I agree that the rise of the price of Bitcoin will be very high. Because the world is looking to it more and hence the demand will be increased as well the price
Maybe this is not going to happen that the price will be $10 million. Definitely the price will rise but not like this amount of price. Because crypto hasn’t become so much stable yet
I see a great future ahead. If proper investors enter and the price pumping is stopped and also the fake ICO’s domination gets over I believe the market can reach this amount value within 2023
Price of Bitcoin will rise higher in times and it is expected, predicted by many individuals. But I don’t think price will be this much high. In times, people will be able to find out whose prediction comes true.
$10 million is too much I think. We may see the rise of cryptocurrency market, particularly the BTC even go higher. But this price wouldn’t be possible unless BTC comes with something great and price of USD goes down.
I don't know at the time of $10 million what is the fee of a transaction? It is probably $10,000 for once. Although the analysis seems reasonable, it is difficult.
That is not how Bitcoin fees work. They are based on the byte size of the input, regardless of the price of Bitcoin at the time. Fees would go up solely because the price per satoshi had gone up, but the fees could still be as low as 1-2 satoshi/byte. It would work out as something like $20-30 for a 1 input transaction.
Still, this is all hypothetical because this is never going to happen.
I think anything is possible in crypto world. As we see last year , why not see $10million in 2023. The best now is to get more bitcoins and hold for long run.
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