Topic: $10million in 2023 possible? - page 5. (Read 871 times)
I do not know how much bitcoin will cost, it's better not to guess, the main thing is not to decrease.
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.
Five years is quite a long time for this volatile market. No one can surely say that how its going to be for BTC and cryptocurrency. I hope we will see some positive move of the market but I don’t see BTC going this much high.
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.
This seems a bit extreme to me. I'd be a bit more conservative in my estimations, but I'd certainly say that it will increase before the halving, not so much after. The speculative nature of bitcoin means everyone will be buying in anticipation of a halving, and that will drive the price higher than it should be. Then, either directly before or immediately after the event, a lot of people will cash out.
I'd be aiming in the 30k region more realistically based on technical analysis and recent price action. Assuming it doesn't get hit with any more bad news.
I think you are very excited about the cryptocurrency progress, but if have experience about this market then you also must have known this that it is very unpredictable place things changes every moment here so in such condition what will actually happens on 2023 it is hard to say now
it is true that each time we have had a halving in the past, price has gone up a lot before and after it but you should know that the reason for those rises weren't having on its own.
halving is just affecting the supply not the demand. all this time price has been rising because the demand has been rising and when halving happens the effect of increased demand becomes more palpable so is the rise.
halving is just affecting the supply not the demand. all this time price has been rising because the demand has been rising and when halving happens the effect of increased demand becomes more palpable so is the rise.
well as per the market is growing we can definitely hope for something positive but ensuring anything is hard cause this business is very tricky and many factors fall impact on the market so this kind of situation prediction does really work
Bitcoin prices have risen more than before and will grow further in the future. But it is not absolutely sure Bitcoin can get 100m in 2013. It really depends entirely on time, over the entire cryptomarket nd on investors.
You confuse $10million in 2023 and $100million in 2013. How can you be sure? 
if I know for sure I will sell all my assets now to buy Bitcoin.
i think it can be possible.But we have able to manage that much bitcoin. if you can manage it i think you can gain $10 million within 2023.
The analysis was really good. Hopefully, I will be more benefited by this analysis will motivate to invest again. And many new investors will be interested in investing in bitcoin and will have the courage to bear patiently.
Bitcoin prices have risen more than before and will grow further in the future. But it is not absolutely sure Bitcoin can get 100m in 2013. It really depends entirely on time, over the entire cryptomarket nd on investors.
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 $10 million by 2023-quoted by wilma woo.
These predictions are giving us hope about the future of bitcoin but we all know that bitcoin is know for its volatile and unstable characteristics. Do you think that the expert's predictions are possible or do you think that this are just a mere simple prediction.
cThese predictions are giving us hope about the future of bitcoin but we all know that bitcoin is know for its volatile and unstable characteristics. Do you think that the expert's predictions are possible or do you think that this are just a mere simple prediction.
Depends what you smoke.If btc will reach 100k$ than usd is over but we will have war than
dollar is not safest currency in the world euro is also problematic
But 10 mln $ for 1 btc
In a time of big depression one suitcase of Deutsche mark was worth packet of matches
I fail to see a connection.
Berskshire is at 314.6K/share.
Does this affect the $?
Absolutely not.
BTC is just a very rare asset (there are not many btc and getting them is hard).
I don't see any relation to inflation.
BTW, it had no relation to inflation between 2010 and 2017 (it was a penny or below on 2010).
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.
actually predictions like these are the worst things that can happen to bitcoin because they are practically encouraging people into thinking that they can become rich with bitcoin just by holding it. and eventually they are advertising the "get rich with bitcoin" way of thinking which is terrible because bitcoin was never meant to be used like that. bitcoin is meant to be a currency which you use just like you use any other currency not just an investment you hoard in hopes of getting rich.
Well, Price cannot be assumed accurately. But as we can see the price stats and success rates, in the case of BTC it is possible to outreach $10million. But, who knows, the market goes on its own way, considering none but some small issues.
Anything that is possible in the cryptocurrency market. But we can not fully assume that it will be 100 million dollar in 2023. The whole cryptoconcular market is an unstable market. It is sure that the price of bitcoin will be increased, but we can't assump exact figure.
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 $10 million by 2023-quoted by wilma woo.
These predictions are giving us hope about the future of bitcoin but we all know that bitcoin is know for its volatile and unstable characteristics. Do you think that the expert's predictions are possible or do you think that this are just a mere simple prediction.
cThese predictions are giving us hope about the future of bitcoin but we all know that bitcoin is know for its volatile and unstable characteristics. Do you think that the expert's predictions are possible or do you think that this are just a mere simple prediction.
Depends what you smoke.If btc will reach 100k$ than usd is over but we will have war than
dollar is not safest currency in the world euro is also problematic
But 10 mln $ for 1 btc
In a time of big depression one suitcase of Deutsche mark was worth packet of matches
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.
There will not be $10 millions BTC anytime in 2023. Unless USD totally lose value. Also I am wonder if they mention halving, why they bother with 2023. Halving will be on 2024. And drastic prices increases come with a delay of halving. So if they would expect $10 millions BTC at 2025, could at least have a tiny bit of sense.
This is my favorite model so far when it comes to framing the impact of halvings on the price:
So if we are going to use that channel, frammed within the halving periods it could mean that we would hit $100,000 somewhere around 2020-2021 period.
Worst case scenaro, we stay within the lower bracket of the channel, which would mean delayed in as much as 2024 or so.
If it goes parabolic mode it could hit higher valuations. I mean the McAfee prediction is still not insane, it got way ahead of the McAfee $1,000,000 by dec 31 2020 curve by a ton during $20k peak so there is a big margin to have during this bear market. It could still go parabolic and hit $1,000,000 for all we know.
So if we are going to use that channel, frammed within the halving periods it could mean that we would hit $100,000 somewhere around 2020-2021 period.
Worst case scenaro, we stay within the lower bracket of the channel, which would mean delayed in as much as 2024 or so.
If it goes parabolic mode it could hit higher valuations. I mean the McAfee prediction is still not insane, it got way ahead of the McAfee $1,000,000 by dec 31 2020 curve by a ton during $20k peak so there is a big margin to have during this bear market. It could still go parabolic and hit $1,000,000 for all we know.
But will the holders really wait to that price point before they even sell? If we have learned in its price they don't wait for a certain price before they sell. You can see that before BTC even hit 20,000$ people started selling their BTC and officially started the bear market. People are so eager to take profit they don't care ahout a certain price point anymore. This greediness I see on each individual is I think thereason why BTC won't go up to a really big number. And 10 million $ is really an unreasonable number to target with.
Fucking hell, let’s get to $100,000 (which will still take a while) before we start imagininf $10,000,000 per coin.
LOL, I think they are too far in thinking about rising prices. well, right, even $ 100,000 might be a big challenge that year. besides, don't expect prices to be too high, because that can be a source of frustration. Jump to: