I won't be surprised if Bitcoin did not pass 100k in the next bull market, this is a marketing strategy to create unrealistic dreams to those that will FOMO in and I think this Balaji must have bought a lot of Bitcoin at the dips.
The only way to get his hands on a freaky amount of money is brainwashing people to believe that Bitcoin will be worth a lot in the future, I don't think this will ever happen sooner, not even in the next 10 years later, remember, we still have 200k,300k, 500k per Bitcoin, it sounds so fake to believe this prediction.
I hope none of you guys will be foolish enough to halt when Bitcoin makes a new all-time high and keep expecting Bitcoin over a 100k dollars before you can sell.
The harsh truth about the crypto pump is some people will lose while others will win, do not get too insatiable or you will get burnt.
Topic: A victory for Bitcoin (Read 508 times)
...
Finally, i will say that people are learning to value BTC so we will be able to achieve it in the near future even if not in 90 days.
Finally, i will say that people are learning to value BTC so we will be able to achieve it in the near future even if not in 90 days.
Unfortunately, everything is not so good. I understand that I want to hear some encouraging forecasts about the price of bitcoin, but no one in the world can know how much this number one cryptocurrency will cost tomorrow. And the indicator that many campaigns have invested in it is not an indicator of the reliability of bitcoin.
At any moment, all these corporations can withdraw money back to the dollar and then the price will collapse like a house of cards.
But if dade Bitcoin will cost at least 200k, it will already be great.
1 bitcoin = 1 million dollars, it's really fantastic when we hear about it, but if that increase occurs in just 90 days, of course it's logically difficult to happen, but anything can happen in the market. of course we can take the positive side with this news of course there will be more and more people investing in bitcoin so that it can increase the price of bitcoin, even though until the end of this year it has not even reached 1 million dollars, as long as there is an increase and the bullish season comes out, that is already a relief for the investors
Great picture! Bitcoin to 1 mil in 90 days would be sick! I think it's a tough bet for sure 🤔 we will see how this one plays out lol. Im going to see that in my lifetime, I do believe that it will happen! 1 Bitcoin = 1 million dollars worth. I'll say 2032 at the absolutely latest.
We seeing the victory of bitcoin piece by piece when banks are starting to collapse one by one and this the proof that banks cannot be trusted with out money wherein it is only backed up by trust of US federal reserves. Bitcoin proves that it cannot be controlled by the government, institutions and banks that why Bitcoin is embracing the success as more banks run is coming this year. Banks down, bitcoin is UP~
In thinkh, Former Coinbase CTO Balaji Srinivasan's prediction of 1 BTC being worth 1 million USD in 90 days may seem unrealistic to some, but it has shown that Bitcoin has the potential to reach new heights. Srinivasan's prediction is based on the US banking system and hyperinflation, making it a reliable long-term prediction.
Institutional investments in Bitcoin by companies like Tesla and MicroStrategy have also increased its market cap and legitimacy. Bitcoin's market dominance of around 45% can lead to a significant increase in market cap when it rises above 65% or more. As people continue to learn about Bitcoin, it's likely that it will achieve significant growth in the near future.
While not realistic, it could happen especially if there is greater support coming to bitcoin at the right time, such as before the bitcoin price started to increase.Institutional investments in Bitcoin by companies like Tesla and MicroStrategy have also increased its market cap and legitimacy. Bitcoin's market dominance of around 45% can lead to a significant increase in market cap when it rises above 65% or more. As people continue to learn about Bitcoin, it's likely that it will achieve significant growth in the near future.
But maybe that won't happen in the next 90 days because the distance between the current and peak prices is too far.
So even if there is support coming into the bitcoin market, it may not be able to make its price increase quickly if it isn't overwhelming support.
We also have to be patient, waiting for everything to happen and in the meantime, we can accumulate more bitcoins.
One million dollars per bitcoin means that the market capitalization of bitcoin will reach 20 trillion dollars, and the entire market capitalization will be 40-50 trillion. It will be close to the global stock market and many times more than gold. It's an unrealistic thing, we don't even know what will happen with crypto, let alone that far away.
I like the art, so I gave you the merits for Full Member rank.
In thinkh, Former Coinbase CTO Balaji Srinivasan's prediction of 1 BTC being worth 1 million USD in 90 days may seem unrealistic to some, but it has shown that Bitcoin has the potential to reach new heights. Srinivasan's prediction is based on the US banking system and hyperinflation, making it a reliable long-term prediction.
There, you had stated it in the long-term and 90 days isn't considered a mid-term let alone a long term. That 90 days prediction is really unrealistic. No matter how you prove his statement with the either fundamental or technical analysis, the prediction is still fictional.
Institutional investments in Bitcoin by companies like Tesla and MicroStrategy have also increased its market cap and legitimacy. Bitcoin's market dominance of around 45% can lead to a significant increase in market cap when it rises above 65% or more. As people continue to learn about Bitcoin, it's likely that it will achieve significant growth in the near future.
Will this stated increase in statistics can lead Bitcoin to $1m a piece within less than 90 days? I bet no because as we all know there are process and requirement needs to met before a certain event in the market trigger. And as I stated, learning without adoption will have no effect on Bitcoin market.
In thinkh, Former Coinbase CTO Balaji Srinivasan's prediction of 1 BTC being worth 1 million USD in 90 days may seem unrealistic to some, but it has shown that Bitcoin has the potential to reach new heights. Srinivasan's prediction is based on the US banking system and hyperinflation, making it a reliable long-term prediction.
Institutional investments in Bitcoin by companies like Tesla and MicroStrategy have also increased its market cap and legitimacy. Bitcoin's market dominance of around 45% can lead to a significant increase in market cap when it rises above 65% or more. As people continue to learn about Bitcoin, it's likely that it will achieve significant growth in the near future.
While not realistic, it could happen especially if there is greater support coming to bitcoin at the right time, such as before the bitcoin price started to increase.Institutional investments in Bitcoin by companies like Tesla and MicroStrategy have also increased its market cap and legitimacy. Bitcoin's market dominance of around 45% can lead to a significant increase in market cap when it rises above 65% or more. As people continue to learn about Bitcoin, it's likely that it will achieve significant growth in the near future.
But maybe that won't happen in the next 90 days because the distance between the current and peak prices is too far.
So even if there is support coming into the bitcoin market, it may not be able to make its price increase quickly if it isn't overwhelming support.
We also have to be patient, waiting for everything to happen and in the meantime, we can accumulate more bitcoins.
In thinkh, Former Coinbase CTO Balaji Srinivasan's prediction of 1 BTC being worth 1 million USD in 90 days may seem unrealistic to some, but it has shown that Bitcoin has the potential to reach new heights. Srinivasan's prediction is based on the US banking system and hyperinflation, making it a reliable long-term prediction.
Institutional investments in Bitcoin by companies like Tesla and MicroStrategy have also increased its market cap and legitimacy. Bitcoin's market dominance of around 45% can lead to a significant increase in market cap when it rises above 65% or more. As people continue to learn about Bitcoin, it's likely that it will achieve significant growth in the near future.
Institutional investments in Bitcoin by companies like Tesla and MicroStrategy have also increased its market cap and legitimacy. Bitcoin's market dominance of around 45% can lead to a significant increase in market cap when it rises above 65% or more. As people continue to learn about Bitcoin, it's likely that it will achieve significant growth in the near future.
At first when bitcoin's price was low they thought it was impossible to reach $10,000. Then it reached $20,000, they said it is impossible to reach $50k. So when will they start trusting the price to reach $1M? I feel like they are one of those people who keeps disregarding bitcoin not because they want to, but because they have invested but wants to invite more people to invest just to pump the price.
Yes when more people invest, it leads to more demand for the coin. Now we know that the number of Bitcoins are fixed. So when the demand for something specific increases and at that time the supply of that specific asset is fixed, the price increases. This will create a simple effect of supply and demand and hence the price of Bitcoins will increase. So whatever the former CTO said can be achieved, but provided that the demand for coin also increases with a constant rate. I also believe the same that the price will increase very soon. So I would suggest each and everyone to accumulate as many Bitcoins as you can in this low price.
I would guess that 1 million will happen, it's just that it won't happen right now. 20 trillion is not as big as people think it is, we are talking about what 10+ trillion for gold marketcap already? It means that overtime bitcoin can become 20 trillion marketcap, that shouldn't be a difficult thing to achieve.
The trouble is not "will it happen" but when will it happen, because I believe that looking at how much nations print money these days, in 10-15 years we could have 1 million dollars per bitcoin, or latest in about 25 years. That is a long time to wait, and maybe it will happen earlier, but that doesn't mean that it will never happen, just not now.
The trouble is not "will it happen" but when will it happen, because I believe that looking at how much nations print money these days, in 10-15 years we could have 1 million dollars per bitcoin, or latest in about 25 years. That is a long time to wait, and maybe it will happen earlier, but that doesn't mean that it will never happen, just not now.
Gold has taken hundreds of years to reach the $10 trillion market cap it is today, while bitcoin is only 14 years old, and it's not even widely accepted and popularized yet. So, to think of a future that surpasses the capitalization of Gold is a pretty far-fetched thing for me.
It can be said that it is very difficult to achieve that unless it is accepted by all governments, recognizing it as a rare asset like gold and becoming a reserve asset in countries' budgets. The future of bitcoin is still a question mark, I will not rush into illusions too soon.
When someone says that bitcoin will reach 1 million dollars in the future(10 years upward as the case may be), I will partially believe that person a little but not someone to give a time limit that bitcoin will reach 1 million dollars in 90 days. That sounds absurd to accept and believe.
I think there's something else behind this type of predictions that doesn't look achievable in the time they're predicting it to happen, maybe they're just trying to pump the market so they can sell their bags of Bitcoin. You know whales only cares about themselves so they sell false hope to get people pumped up then they dump on them in the market.
In 90 days which is just 3 months we'll still be in 2023 and the block rewards hasn't been halved by then that you'll start giving such predictions to happen to the price. This types of prediction is what is making people see the market as some kids show filled with emotional investors. We have to stop taking this guys serious with their prediction and focus.
Never invest because of a prediction you saw online from this influencers, Bitcoin could go as far as that price or even exceed it but it won't be happening soon and that's why you have to hold.
This is nothing but a dream, before Balaji made this prediction there have been so many predictions like this in the past, and none of them became reality.
Bitcoin can one day become a million dollars in value but that's a very far journey in the future and it might never come true, maybe something better than Bitcoin will come and the whole focus on Bitcoin will be shifted to the new technology, who knows?
So let's face reality because that's the only thing we have right now, if Bitcoin is going to make a new ATH I do not expect more than 100k per BTC, wake up to reality.
Bitcoin can one day become a million dollars in value but that's a very far journey in the future and it might never come true, maybe something better than Bitcoin will come and the whole focus on Bitcoin will be shifted to the new technology, who knows?
So let's face reality because that's the only thing we have right now, if Bitcoin is going to make a new ATH I do not expect more than 100k per BTC, wake up to reality.
When someone says that bitcoin will reach 1 million dollars in the future(10 years upward as the case may be), I will partially believe that person a little but not someone to give a time limit that bitcoin will reach 1 million dollars in 90 days. That sounds absurd to accept and believe.
It's really strange that there are still people in the cryptocurrency industry like you who are easily duped into believing that the price of bitcoin will reach $1 million in 90 days. Who on earth is capable of anticipating or believing such a figure? The price of the cryptocurrency is currently hovering between $27k and $28k+ and has not yet surpassed the $30 mark as was predicted before the end of the month. Someone wants us to believe an impossible future with him that bitcoin will reach a million dollars in 90 days. Is that not insane to think of?
Believing what someone say, is just mere rumor, it's either the person is trying to capture the attention of the public and this are just noise that tend not to be given listening ears. Bitcoin is popular and gaining recognitions in countries all over the world. That alone proofs a solid promising future for Bitcoin and I'm confident that many pro traders and investors will benefit in double folds when the time comes. Bitcoin hitting $1M is totally unacceptable because it's not possible. However it's possible for Bitcoin to hit that figure but it will take a decade, crypto movement is gradual process and we have both bull and bear season. These season retrained the movement of crypto and there's no way Bitcoin will hit such significant figures within the range of 90 days. It's really strange that there are still people in the cryptocurrency industry like you who are easily duped into believing that the price of bitcoin will reach $1 million in 90 days. Who on earth is capable of anticipating or believing such a figure? The price of the cryptocurrency is currently hovering between $27k and $28k+ and has not yet surpassed the $30 mark as was predicted before the end of the month. Someone wants us to believe an impossible future with him that bitcoin will reach a million dollars in 90 days. Is that not insane to think of?
When someone says that bitcoin will reach 1 million dollars in the future(10 years upward as the case may be), I will partially believe that person a little but not someone to give a time limit that bitcoin will reach 1 million dollars in 90 days. That sounds absurd to accept and believe.
It's really strange that there are still people in the cryptocurrency industry like you who are easily duped into believing that the price of bitcoin will reach $1 million in 90 days. Who on earth is capable of anticipating or believing such a figure? The price of the cryptocurrency is currently hovering between $27k and $28k+ and has not yet surpassed the $30 mark as was predicted before the end of the month. Someone wants us to believe an impossible future with him that bitcoin will reach a million dollars in 90 days. Is that not insane to think of?
It's really strange that there are still people in the cryptocurrency industry like you who are easily duped into believing that the price of bitcoin will reach $1 million in 90 days. Who on earth is capable of anticipating or believing such a figure? The price of the cryptocurrency is currently hovering between $27k and $28k+ and has not yet surpassed the $30 mark as was predicted before the end of the month. Someone wants us to believe an impossible future with him that bitcoin will reach a million dollars in 90 days. Is that not insane to think of?
Almost 70% of all bitcoins have not moved for at least a year
This indicates a growing realization that bitcoin is undervalued
This indicates a growing realization that bitcoin is undervalued
In an economic view of supply and demand. with 70% unmoved, it means the market is being hoarded and creating an artificial scarcity of supply in the market. We know that any market being hoarded and creating an artificial scarcity makes the price skyrocket. This is a clear indication that the item(Bitcoin) is being sold at an overpriced value. So when the time comes that this 70% is reinjected to the market, the valuation of Bitcoin will be greatly affected.
So in a scenario where that 70% is injected into the market and join the active circulation, the $1m realization will be greatly hampered unless the adoption catches up with the sudden inflow of these inactive Bitcoin supply.
People will say whatever their mind says to them, they will say anything for attention, must of the guys that predict this kind of price are either attention seekers who invested $100 and expect bitcoin to give them 10x which is impossible right now. I wonder if they do check the chart of bitcoin before they predict this kind of thought from their mind. It took bitcoin more than 12 years to stabilize at this price, what more do you think will happen before we reach $1 million per bitcoin, we may one day if the fundamentals of bitcoin remain intact but I am not sure if we will have anything close that price even in 5 years to come if we are to be honest with ourselves.
Cryptocurrency is not a get rich quick scheme, it's a gradual process and we take risks everyday inother to earn profits from the space. 12 lengthy years can not be covered with just few days, exercising patience is the ultimate factor to key in profits. $100 flipping to $1000 is not an easy run-up because of the high volatility of the market. It's very difficult because there's presence of fluctuations and projects fails in the market. Bitcoin is a solid project in the space, although it's passing a difficult phase currently but there's room for a pump once the bull market reopen. People will say whatever their mind says to them, they will say anything for attention, must of the guys that predict this kind of price are either attention seekers who invested $100 and expect bitcoin to give them 10x which is impossible right now. I wonder if they do check the chart of bitcoin before they predict this kind of thought from their mind. It took bitcoin more than 12 years to stabilize at this price, what more do you think will happen before we reach $1 million per bitcoin, we may one day if the fundamentals of bitcoin remain intact but I am not sure if we will have anything close that price even in 5 years to come if we are to be honest with ourselves.
I only consider such people as influencers, they can say anything about price predictions, but it's not proven afterwards. Remember about John McAfee? The man also predicted the price, but there was no proof.I could agree if someone were to predict $100k in the next 2 years it would make sense because it is backed by strong fundamentals. But if it's $1M, it's just a dream.
When investing in bitcoin, we have the right to dream and expect, I like people who are always optimistic about investing but don't be too delusional but realistic. I don't see his prediction having any impact, and he's nobody in this market, he's just making an impact for himself. Let's be more realistic, bitcoin is growing very fast, but so far, its acceptance level and the number of people using it are negligible for the world population. We still have a lot of challenges, and it takes time for bitcoin to achieve greater achievements. Instead of thinking about $1 million per bitcoin, think about the $100k goal first.
Currently, people have started competing to invest their money in crypto or bitcoin in coffee shops, millennial children have started to focus on earning income via bitcoin growth this year 2023 has started to pick up again after the 2022 break, although dozens of new coins have been released in the year
this is to compete with bitcoin yet, bitcoin is really a future asset that we continue to protect, and I'm sure that will break to its highest level this year.
Jump to: