Topic: Bitcoin 1 mln $ possible? - page 3. (Read 747 times)
We shouldn't expect excessively about BTC cost to achieve a million dollar by 2020. It would just frustrate us in the event that we set our desires. Due to is unstable nature, it wouldn't have the capacity to soar straight to the moon. There will dependably be pinnacles and troughs in the market and that is the thing that we ought to conjecture. Whatever occurs with BTC, we ought to dependably be prepared and have our own particular technique to beat the market.
The GDP of all nations on the planet in 2016 added up to 119.4 trillion US dollars (CIA World Factbook). The quantity of bitcoins right now is around 17 million. On the off chance that each bitcoin will costs $ 1 million, at that point its capitalization will be 17 trillion. (14.2% of world GDP). In any case, we don't consider the capitalization of altcoins (today BTC Dominance is just 37,5%). In this way, no doubt, such cost of bitcoin by 2020 is inconceivable.
I am a big supporter of the cryptocurrency industry, but I do not think Bitcoin reaches one million dollars in 2020, and I think it will be difficult to achieve this value in the future. I predict a big growth in the cryptocurrency market in the coming years but I think there are other cryptocurrencies that have greater potential for Bitcoin growth
If this 1 million dollars mark is not reached, someone will have to eat his d* and show it. That will be fun but I am not going to watch it lol! I definitely believe there is a big chance it will not happen.
Perhaps when all the bitcoins will be mined,and there will be no more of their production,and there will be a wild demand for it, since all transfers and payments will be for bitcoin,and purchases of everything for it,the opal of accounts,buying food, etc., then Yes possible!
I think that no one can accurately predict the course, and especially crypto-currencies. After all, it is not controlled by anything. But I don't think it will reach a million. For this to happen, the capitalization of a purely cue ball must be in the region of 20 trillion dollars
Although anything can happen in crypto but I don’t think Bitcoin will be $1 million by 2020. This is purely a prediction and should be taken as a reference.
imposssible. considering total supply and circulating supply it is not possible. think about total market cap in such situation, how will the market respond for sells and cash outs in such situations? who is going to pay 1 million usd for 1 bitcoin?
Is it thread for joeking? =) Bitcoin will never be 1 mln for 1 btc, im more then sure it cannot do again 20 000. Tell me any reason why it can? Each day bitcoin is older and older
Hey guys, do you think bitcoin can reach 1 million $ until 2020? If so, everyone who hold crypto will become a rich person, that’s nice!
not in the nearest future, but i think that yes, it is quite possible to be truth, i would like tonsee that day though it is far awayHey guys, do you think bitcoin can reach 1 million $ until 2020? If so, everyone who hold crypto will become a rich person, that’s nice!
well, yes, why not, bit the factvis thatvwe will have to eair a longfor this to happen, so i have alotnof doybts Hey guys, do you think bitcoin can reach 1 million $ until 2020? If so, everyone who hold crypto will become a rich person, that’s nice!
not in the nearest future, but i think that yes, it is quite possible to be truth, i would like tonsee that day though it is far away
I think that is an unrealistic expectation. 1 million is too much. It is better if it reach at least $20K again. Also it will take some time to reach this level again. But I don't think it will reach 1 million. But who can predict what will happen in crypto market. Who thought a below $1 coin will reach $20K. So anything can happen here.
It's truly possible.Bitcoin had less an incentive than 1 usd previously and it has made x7600 times esteem. its solitary conceivable on the off chance that it brought increasingly investors.The digital currency world has like 1% of the aggregate speculations on earth, in the event that we made it to like 10-40% of the ventures that truly exists then 1m is only not as much as my desires.
It's truly possible.Bitcoin had less an incentive than 1 usd previously and it has made x7600 times esteem. its solitary conceivable on the off chance that it brought increasingly investors.The digital currency world has like 1% of the aggregate speculations on earth, in the event that we made it to like 10-40% of the ventures that truly exists then 1m is only not as much as my desires.
I think this is a very outrageous amount as it is definitely to high for bitcoin to reach in the next 2years, that means, a lot of investors will have to put in large amount and the big whales will have to multiply their investment moreover, there will still be market correction within this period. Bitcoin cannot reach this amount in 2020, it cannot even reach half of it. Maybe in the next 10 or 15years, it can get to this amount but definitely not in the next 2years.
I do not believe this is possible because for now the bears are fully in control of the market and now we are reaching the stage of denial and then capitulation. The bear market strategists will never allow Bitcoin to get even above 20k usd unless a miracle happens and we get such big adoption that things change. I do not see this happening in my lifetime anyway and all these Youtube predictions are just that, predictions of people who want others to buy their coins so they can dump as they are all millionaires anyway and accumulated a lot of Bitcoin in the early days and want to find suckers to sell to.
You know anything is possible in crypto ,personally I don't believe this price in coming years but in mid-term future ,in 10-20 years it is quite achivable price.People more and more pay their attention to crypto and their money will bring the btc price up.
As The amount of bitcoins to be produced decreases, it is expected that the price will increase naturally. But 1m dollar price expectation is too ambitious. But this is Bitcoin guys. Who knows.. Who can predict ? 
I think that this is quite possible, but it will be after the 20th year, but for this it is necessary that the cryptocurrency has earned worldwide, in every village.
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