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Topic: Bitcoin 1 mln $ possible? - page 6. (Read 747 times)

full member
Activity: 476
Merit: 124
June 04, 2018, 08:24:31 AM
#55
We shouldn't expect too much about BTC price to reach a million dollar by 2020. It would only disappoint us if we set our expectations. Due to is volatile nature, it wouldn't be able to skyrocket straight to the moon. There will always be peaks and troughs in the market and that is what we should be speculating. Whatever happens with BTC, we should always be ready and have our own strategy to beat the market.
member
Activity: 350
Merit: 47
June 04, 2018, 08:23:44 AM
#54
I think it's plausible, given the time and conditions are right, anything's possible. Bitcoin is really volatile, so there's no telling if it would reach that high. But the way it is now, it is highly improbable that this would happen anytime soon. Maybe in about another decade or so, but would crypto still be there?
hero member
Activity: 882
Merit: 502
June 04, 2018, 08:04:39 AM
#53
Yes! Bitcoin can reach $1 million USD, but various financial analysts have different opinions about how likely that is to happen. The general consensus seems to be that it will have to be a major player in the world economy to reach the kind of market capitalization required to break $1 million.
The internet doesn’t have a currency and it desperately needs one. The biggest mistake would be to buy more bitcoin than you can afford to lose. The biggest mistake is not to own any bitcoin. Put 1% of your net worth in Bitcoin and forget about it for 10 years
full member
Activity: 700
Merit: 100
June 04, 2018, 08:03:22 AM
#52
I think that such a sum can be achieved only after 10 years, when the cost of mining one coin will cost a lot of money. Now such a price can not be, too cheaply proportional - this is the extraction of coins. Also it is worth remembering that there are those who will not give up speed and pour out all their coins to get the maximum profit.
sr. member
Activity: 1078
Merit: 342
Sinbad Mixer: Mix Your BTC Quickly
June 04, 2018, 07:59:52 AM
#51
$1m in 2020? That is quite impossible. The price is still even far from reaching $10k. As a matter of fact, bitcoin is still facing many problems and the media is playing a big role in persuading people not to invest in it. Added to that, many countries banned it. That is why people are scared now. Therefore, they need time to recover. The price will grow for sure, but it is not going to reach $1m in 2020. Perhaps it will reach it in 2050 or even less.
full member
Activity: 686
Merit: 104
June 04, 2018, 07:58:24 AM
#50
that's too high a figure to imagine. the peak of the bitcoin price increase is in the $ 25k figure, and to rise to $ 1 million is too far. we should also look at the supply of bitcoin which is limited to 21 million, and is now thinning.
member
Activity: 224
Merit: 10
The Experience Layer of the Decentralized Internet
June 04, 2018, 07:48:38 AM
#49
I think it sounds more like a beautiful dream because it's not realistic.
With bitcoin hovering around $7,000, people are not optimistic about the market as a whole.
newbie
Activity: 123
Merit: 0
June 04, 2018, 07:48:13 AM
#48
Mostly all people likes bitcoin price reach to 1 million dollar, but it is so hard to happen even for the coming years 2020, and if that really happens, maybe all people who access and joins cryptocurrency business were become powerful when it comes to financial stability.
full member
Activity: 504
Merit: 100
The Standard Protocol - Solving Inflation
June 04, 2018, 07:47:50 AM
#47
One miliion dollar per price of bitcoin is not hard to imaging because bitcoin is deflationary and the limited supply of bitcoin can send it's value off the galaxies! When it comes to price of cryptocurrencies, there is no limit to how high it may go!
full member
Activity: 364
Merit: 100
June 04, 2018, 07:44:07 AM
#46
If 1 BTC will cost 1kk$, just imagine how much transaction`s fee will be Smiley
In other words 100 satoshis will be equal 1$. It Sounds fantastically!
full member
Activity: 674
Merit: 101
I am hired and not own by any Team!
June 04, 2018, 07:40:32 AM
#45
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!
I don`t think 1 million dollar bitcoin is possible until 2020 that time is too short also bitcoin still have many obstacles and as we see the price of bitcoin is very volatile and it barely reach $10,000. Maybe in 20 more years it could reach 1 million dollars.
member
Activity: 280
Merit: 10
June 04, 2018, 07:38:58 AM
#44
Though, we can't close doors for possibilities, I just can see it that very high. 1 million USD is just too much to expect. Perhaps around 50,000 would be a reasonable guess for 2020.
member
Activity: 316
Merit: 10
June 04, 2018, 07:34:54 AM
#43
We all want this to happen, but I do not quite believe that it will be so soon, maybe in 10 years, we will be happy with bitcoin.
newbie
Activity: 186
Merit: 0
June 04, 2018, 07:30:22 AM
#42
No, i don't think bitcoin will reach 1million $ at that time. It hardly has reached 20K $ and get back to 7K $. So i think it would be impossible for Bitcoin to reach 1 million. But i think bitcoin can reach 300k $ until 2020. Look at the market
full member
Activity: 420
Merit: 100
June 04, 2018, 07:29:36 AM
#41
This is indeed a myth, I see your opinion is similar to McAffee Smiley)) Currently the exchange rate of the BTC is over $ 7000 at the time of 2018, you think in just two years there can increase to $ 1 million, which is indeed nonsense. The exchange rate of the BTC can only rise to $ 50,000 by 2020, as predicted by me.
full member
Activity: 308
Merit: 100
June 04, 2018, 07:27:29 AM
#40
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!
Any price range is possible as long as the demand in bitcoin will increase but I dont think that it will be easy because we all know that there are lots of people who spreads FUD to make the price go down and be able to buy at the dip and mostly this are the whales. By the way you should transfer this thread to bitcoin discussion because the topic is all about bitcoin and not altcoin.
full member
Activity: 350
Merit: 102
June 04, 2018, 07:27:01 AM
#39
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!


That's what John Mcafee thinks, and he's sure of that. But if you are realistic, then it's too big a price. But I hope that John will be right!
newbie
Activity: 158
Merit: 0
June 04, 2018, 07:21:29 AM
#38
Wow, a million dollars. . It has it. If you can dump this price. Then we will become the richest people. From 2018 to 2019, the world’s largest economic crisis has only one possibility. . This may happen. . . I think it's unlikely. . . It is only an illusion.
Jpt
jr. member
Activity: 374
Merit: 1
June 04, 2018, 07:19:20 AM
#37
I cannot say for 100 percent sure that bitcoin will hit 1 million $ by 2020, and I think none does due to its volitility. See just not much ago when it hit $ 20000 per coin, and now it sits at just over $7000. so it is difficult to say. In my opinion, it may reach $ 40000 per coin by the year 2020.
member
Activity: 344
Merit: 10
June 04, 2018, 07:12:13 AM
#36
I think the possibility of this is very low. The role of Bitcoin has now been replaced by more and more new cryptocurrencies. If bitcoin is not well promoted and fast payment methods in the future, it can easily be replaced!
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