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Topic: Bitcoin [BTC] Price Could Reach $1.5 Million by 2030 Says Cathie Wood (Read 698 times)

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All this is a prediction, and we are not actually sure of what we are saying. Although we bitcoiners believe it will happen one day, but when and which year? That is what we really don't know, but we believe it will come one day. The fact that we believe that bitcoin will continue to exist till date, even the 1.5 million dollars, is just predicted based on what we think may happen, but still, we are not sure if it will come in that 2030. It may not reach, and it may pass or come exactly at that time. However, we pray to be alive by then so we can also witness this huge amount we are speculating for bitcoin price.



people can predict that the price of bitcoin, but we also need to think logically and calculate how this prediction could come true. for bitcoin to reach $1.5 million in 2030, it is very difficult, because that is only a few years away from now, while the current bitcoin price is still around $45k, which to reach that figure bitcoin needs to push very high.

even though we might reach the $1.5 million figure, but we cannot achieve it in just a few years. because bitcoin needs consolidation, which can cause bitcoin prices to rise and fall and that will make the time for bitcoin to reach that figure take longer, maybe 15 years or more.
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Bitcoin price is unpredictable and if we must predict the price not bitcoin to a higher price then we have to wait and see the next bull market so that we can tell the next bull of the market. And the 1.5 million prediction in 2030 is achievable because bitcoin is going higher every month now. And her prediction nis not too bad as well. Some even predicted that this coming bull will hit 100 million so if they predicted in that amount then it is possible for the 1.5m too.

All this is a prediction, and we are not actually sure of what we are saying. Although we bitcoiners believe it will happen one day, but when and which year? That is what we really don't know, but we believe it will come one day. The fact that we believe that bitcoin will continue to exist till date, even the 1.5 million dollars, is just predicted based on what we think may happen, but still, we are not sure if it will come in that 2030. It may not reach, and it may pass or come exactly at that time. However, we pray to be alive by then so we can also witness this huge amount we are speculating for bitcoin price.

it is very possible because what seems impossible now can seem very possible in the future. in 2030 maybe we will go through 2 or 3 bullish periods, and the limited total supply of bitcoin makes the price of bitcoin very high in the future. Maybe some people think it's impossible to reach $1 million in 7 years, but I'm sure everyone believes that the price of Bitcoin will continue to increase over time.

Yeah, any amount we predict for bitcoin can be possible; it will just take some time before we witness that, but we have it in mind that one day it will surely come. However, 1 million dollars is not a lot of money, so we can think the bitcoin price will not reach it. It will surely reach there because the price was not like this before, and right now it is even where we did not expect it, so I'm very sure the same will happen in the future of bitcoin as long as it continues to exist and the price will pass the price we are predicting.
legendary
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it is very possible because what seems impossible now can seem very possible in the future. in 2030 maybe we will go through 2 or 3 bullish periods, and the limited total supply of bitcoin makes the price of bitcoin very high in the future. Maybe some people think it's impossible to reach $1 million in 7 years, but I'm sure everyone believes that the price of Bitcoin will continue to increase over time.
there are just one after this bullish effect of halving till 2030 , means if ever we go to the
process of each multiplying the former ATH i think we could only assume having 300k at least in 2030 .

So lets not expect too much but instead do our part to make the market growing to how much we wanted.
300K at 2030 doesn't really seem like good enough if you ask me, I am not saying that 1.5 million is reasonable neither, but it also doesn't mean it makes sense neither. I think it is quite clear that we are not going to end up with any good result anytime soon, it has to be something a little bit different.

Somewhere around 500 to 700 thousand dollars would be a lot more likely if you ask me, that would be two bull runs so I think that would make sense, something like 200k or so for this bull run, and maybe 500k for the next one could make sense, it could actually be reasonable to reach it at that point. I know many people think that we should consider it a lot more different, but I do see that as a good benefit without a doubt.
legendary
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Bitcoin Could Reach $1.5 Million By 2030 Says Cathy Wood, Unknown To Many Bitcoin is always the best and everyone will see its value when it reaches the best position. That's why I think it's not right to be in such a hurry to hear someone's statement. Crypto market moves slowly and shows good performance. Reaching higher positions is good news for investors, but Cathy Wood's words here seem unlikely.
While this sounds exaggerated because the time frame is just 6 years to go yet all bitcoin supporters loves reading this kind of words  because imagine Bitcoin as 1.5million dollars meaning I can be a Millionaire in our local currency if bitcoin reached that top?
but hoping that this will be coming but not that soon , maybe in 2040-2050? well lets savour each prices given by bitcoin.
I mean in the crypto world six years is a lot of time as well. I am not saying that this would be alright and ok and it will happen, but I am just saying that it's also not impossible to handle neither, it's quite possible to have one day. It's six years, and it means we will not only have a halving this year, but we will also have another halving until then (maybe even two bear runs as well after this one and next one) so we are talking about two bull runs, and that means it could actually very well happen.

The logic is that 2024 will be the year that halving will happen, and usually 2025 means bull run, that is what people expect and 2028 will be another halving and 2029 will be another year where we will do bull run. So, it's not really impossible.
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Bitcoin price is unpredictable and if we must predict the price not bitcoin to a higher price then we have to wait and see the next bull market so that we can tell the next bull of the market. And the 1.5 million prediction in 2030 is achievable because bitcoin is going higher every month now. And her prediction nis not too bad as well. Some even predicted that this coming bull will hit 100 million so if they predicted in that amount then it is possible for the 1.5m too.
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I agree that 8 years is a lot of time. and Bitcoin's adoption and demand is increasing at higher scale. but Think about this, Bitcoin price is now $45K+. Its all-time high was around $67K 68K, if Bitcoin price only reached $45k or say $68k in 15 years. do you think it'll go to $1.5 Million in just 6 years? sound too good to be true isn't it? I don't think bitcoin can reach that much even with all those adoptions going on.. it will eventually go there but not by 2030.
That's not how you should make this equation. The first 15 or 10 years were the initial phase for it and it wasn't known or popular at the beginning. It took it more than 7 to 8 years to spread around and get some recognition, and then it took less time than that to hit the all-time high of $69k. So, just because it took much time from its inception till now to reach this price, it doesn't mean it cannot succeed at a higher rate from this point onwards.

The stage is set for Bitcoin to perform, regulators, enemies, negative and positive gossip, and on top of all, it's features and properties will make it go a long way, and it might even take less time than that for it to reach a surprising price. I don't say all these predictions will surely come true, but all I'm saying is that people in 2016 didn't expect Bitcoin to reach $69k one day, but it did surprise them, didn't it?
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it is very possible because what seems impossible now can seem very possible in the future. in 2030 maybe we will go through 2 or 3 bullish periods, and the limited total supply of bitcoin makes the price of bitcoin very high in the future. Maybe some people think it's impossible to reach $1 million in 7 years, but I'm sure everyone believes that the price of Bitcoin will continue to increase over time.

there are just one after this bullish effect of halving till 2030 , means if ever we go to the
process of each multiplying the former ATH i think we could only assume having 300k at least in 2030 .

So lets not expect too much but instead do our part to make the market growing to how much we wanted.
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it is very possible because what seems impossible now can seem very possible in the future. in 2030 maybe we will go through 2 or 3 bullish periods, and the limited total supply of bitcoin makes the price of bitcoin very high in the future. Maybe some people think it's impossible to reach $1 million in 7 years, but I'm sure everyone believes that the price of Bitcoin will continue to increase over time.



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it is very unlikely that the price of bitcoin will reach 1.5 million dollars. if it happens, people will be lazy to use bitcoin for transactions because the sending fee is so expensive and it is no longer competitive to use for transactions.
Why not? I'm sure Bitcoin is possible to reach $1,500,000. However, I don't know it will be in 2029, 2030, or 2033. If we consider 4 years cycle, the next bullrun season will be in 2025, 2029, and 2033. So, after 2025, the next ATH of Bitcoin should be in 2029 or in 2033. In 2030, it is the time for the first year of bearish season, the price will be probably in ATL (All Time Low) of the bullrun period of 2033 (ATL in 2033).

Regarding the transfer fees, there should be the solution in the future. I believe people will be always using Bitcoin for any transactions because Bitcoin is a safe digital currency. Although sometimes the transfer fees and the delay become a little obstacle, but some people feel safe to use Bitcoin. As long as Bitcoin is the main crypto currency, I've no doubt that people will remain using Bitcoin for any transaction in the future.

sr. member
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Bitcoin Could Reach $1.5 Million By 2030 Says Cathy Wood, Unknown To Many Bitcoin is always the best and everyone will see its value when it reaches the best position. That's why I think it's not right to be in such a hurry to hear someone's statement. Crypto market moves slowly and shows good performance. Reaching higher positions is good news for investors, but Cathy Wood's words here seem unlikely.
While this sounds exaggerated because the time frame is just 6 years to go yet all bitcoin supporters loves reading this kind of words  because imagine Bitcoin as 1.5million dollars meaning I can be a Millionaire in our local currency if bitcoin reached that top?
but hoping that this will be coming but not that soon , maybe in 2040-2050? well lets savour each prices given by bitcoin.
sr. member
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CEO Of ARK Invest Said in an Interview with CNBC Yesterday (Thursday) that Bitcoin Could Reach $1.5 Million by 2030.
Previously she Predicted about Bitcoin and Said that Bitcoin Could Reach $1 million.
In 2024 there are big hopes that it can reach $50K before hoping that the price he says can be reached in 2030.
$1.5 million is a fantastic price and I would be very happy if I could live in 2030, but regarding Cathie Wood's predictions it is still so far away that it is not certain that we will be able to live in that year.
Apart from Cathie Wood, I have also come across Bitcoin price predictions by other figures, I only felt happy when I read them and inspired me to remain a holder.
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it is very unlikely that the price of bitcoin will reach 1.5 million dollars. if it happens, people will be lazy to use bitcoin for transactions because the sending fee is so expensive and it is no longer competitive to use for transactions.
I do agree that people are not really considering investment to bitcoin while they are fearing the transaction costs, but they are willing to buy and hold because they are not spending much in that situation. The entry fee is a lot for small time investors, but if they are using an exchange then they do not worry. It doesn't cost much to just send your money to exchange and buy bitcoin there, it does cost a ton to move it around.

This is why I believe that bitcoin goes up first, after people got their profits from there, then they start to maybe change some things and could end up having some sort of better result eventually. I get that it may not be all too simple, but it is definitely something that would be a lot better given enough time.
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Bitcoin Could Reach $1.5 Million By 2030 Says Cathy Wood, Unknown To Many Bitcoin is always the best and everyone will see its value when it reaches the best position. That's why I think it's not right to be in such a hurry to hear someone's statement. Crypto market moves slowly and shows good performance. Reaching higher positions is good news for investors, but Cathy Wood's words here seem unlikely.
sr. member
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it is very unlikely that the price of bitcoin will reach 1.5 million dollars. if it happens, people will be lazy to use bitcoin for transactions because the sending fee is so expensive and it is no longer competitive to use for transactions.
All of this will have its own adjustments to the Bitcoin network, so you don't need to worry about transaction costs when using Bitcoin. Because people will actually be more bored and will not want to use Bitcoin if there are no price changes such as increasing prices in the market. Now the transaction fees for Bitcoin are still quite reasonable and normal, so there is no need to think about it so that you start to disagree with the larger price increases in Bitcoin that are still generally desired by many people who still hold Bitcoin at this time.
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it is very unlikely that the price of bitcoin will reach 1.5 million dollars. if it happens, people will be lazy to use bitcoin for transactions because the sending fee is so expensive and it is no longer competitive to use for transactions.
exactly if the price of bitcoin may attain that high so why people will use this? then they
will just keep it and what is the reason for climbing that high when there are no one who uses it to serve
its purpose in being a Currency?

actually this is Impossible to happen at least not in 2030 , if he is saying to be in general
like 20-50 years when the Dollar cost lowered so much and that 1.5million will be costing in our time now
 like 100k then why not .
because we don't know if Dollar will hold its strong value till those years.
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it is very unlikely that the price of bitcoin will reach 1.5 million dollars. if it happens, people will be lazy to use bitcoin for transactions because the sending fee is so expensive and it is no longer competitive to use for transactions.
If you are worried about transaction fees, I believe the developer will soon have a solution to fix that. They certainly won't let high transaction fees disrupt bitcoin's popularity. As we have also seen, although LN is not yet widely deployed and used, it is clearly a solution to bitcoin's transaction fee problem as it becomes increasingly expensive. We still have plenty of time before bitcoin hits $1 million or more, and developers are constantly working to find solutions for bitcoin. I believe there will be a better solution introduced in the near future.
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I think Cathie Wood gets a little too much credit for her ability to see investments.  Her performance with her managed funds has been absolutely horrible.  The only reason she was popular at all was because people were piling into her funds causing her to invest too much in small companies at bubble valuations absolutely destroying her clients' portfolios when things came back down to reality.  Even Jim Cramer was making fun of how she was running ARK investments...  I'm glad she's got good things to say about Bitcoin, but if it does go to 1.5 million you can bet she sold right before the rally started.

I looked at the numbers: her fund opened in 2014 and vs QQQ she outperformed 4.5 years and under-performed 4.5 years, but when she under-performs like in 2022 and 2023, it's a woozy.
Overall, ARKK is up 129% since 2014 (roughly 8.66%/year) vs QQQ's 319% (15.4%/year over 10 years).
That's not great results, but she made "some" money.
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I can't say it was impossible but honestly, that is way too far to reach. But it was really worth it to invest if ever we reach that price? Or does it only add more worries and risk?

We already have this great achievement of Bitcoin and reaching almost $70k at its peak is remarkable. I don't think there is a concrete reason that brought Bitcoin price to a million dollars because even reaching $100k is already too expensive thous we can apply the DCAing strategy. Poor people will no longer invest in Bitcoin anymore if that ever happens in the future.
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it is very unlikely that the price of bitcoin will reach 1.5 million dollars. if it happens, people will be lazy to use bitcoin for transactions because the sending fee is so expensive and it is no longer competitive to use for transactions.
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$1,500,000 is possible by 2030, I agree with her. It’s top end of what I think is possible by the end of the decade but still possible.

We have a halving in 2024 so our cycle high should land in 2025, I predict something like $250,000 as a possible blow off top.

We will then enter a bear market in 2026 and 2027.

The next halving is then 2028, I predict that cycle to be over $500,000 in late 2029. Cathy Wood knows more about markets than me though and I’m sure she’s done the math on how much capital is going to flow into Bitcoin now that it’s becoming a mainstream financial tool. I think somewhere between $500,000 and $1,000,000 by 2030.
$1-1.5M then this is really something realistic comparing into those speculations that it would really be happening on this upcoming bullrun on which we know that this cant really be just that possible.
Anyone could really be able to make out their own speculative approach when it comes to price. It do really just turns out that whenever someone who do have the name/popularity/recognition
on which those words been told or spout out would really be having that kind of impact but in overall we are all just the same on which there's no way that we could really be able to determine or would be able
to know on where prices could actually go because we do know that when it comes to value or with those numbers, then it would really be entirely be depending on the demand and recognition
of the masses or simply those investors. Now that ETF is really that been approved or simply institutional funds flows through this market now or simply being starting then those
numbers wont really be that far off.
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$1,500,000 is possible by 2030, I agree with her. It’s top end of what I think is possible by the end of the decade but still possible.

We have a halving in 2024 so our cycle high should land in 2025, I predict something like $250,000 as a possible blow off top.

We will then enter a bear market in 2026 and 2027.

The next halving is then 2028, I predict that cycle to be over $500,000 in late 2029. Cathy Wood knows more about markets than me though and I’m sure she’s done the math on how much capital is going to flow into Bitcoin now that it’s becoming a mainstream financial tool. I think somewhere between $500,000 and $1,000,000 by 2030.
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I think Cathie Wood gets a little too much credit for her ability to see investments.  Her performance with her managed funds has been absolutely horrible.  The only reason she was popular at all was because people were piling into her funds causing her to invest too much in small companies at bubble valuations absolutely destroying her clients' portfolios when things came back down to reality.  Even Jim Cramer was making fun of how she was running ARK investments...  I'm glad she's got good things to say about Bitcoin, but if it does go to 1.5 million you can bet she sold right before the rally started.
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Making up numbers is the new trend in the crypto world, all the famous people who are asked about these things, or sometimes not even asked but just wants to tweet it, keep making up numbers. Like why 1.5 million? Why not 1 million? Why not 2 million? Someone who believes it will be 1.5 , already thinks it will be one million and I bet that someone who thinks 1.5 million could be convinced to 2 million as well, why pick 1.5?

Well, it is not data or charts or anything because it is crypto and you can't have any data that suggest 1.5 million in 6 years, that's too much time in the crypto world and nobody in the world could ever guess 6 years down the line. So, all these people are making up numbers and nothing more.
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She tries to pump the BTC ETF after the price is not going up as she expected after the SEC approved it.
And she is knows that whatever she said about crypto in the media = it will become a hype.

To reach the price of $1.5M per 1 BTC = need more than 29 Trillion marketcap, I think $500k per 1 BTC might be still possible but I doubt any number above that.
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That is 6 years from now , yet so high to expect because bitcoin cannot even make it to 100k till now , and even if bitcoin does yet 1.5 million is so much high to look at, how much would be the capitalization when this happens? 10-15 trillion$ ? damn that is truly amount that can buy countries .
That amount is quite far from being achieved in Bitcoin, although we don't think that it is impossible for Bitcoin to happen, because as you said, up to now Bitcoin has still not reached $100K. But that doesn't mean that it won't be achieved if Bitcoin's capitalization continues to increase, because an increase in the price of Bitcoin to exceed its all-time high is still very possible. But I still don't think that Bitcoin can reach the price mentioned by the OP, because it is very high.
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Bitcoin price will reach 1.5 million dollars by 2030 is not certain. I can't say what will happen with the stock market, Bitcoin, or other assets. Bitcoin and other cryptocurrencies are affected by changes in the market, new technologies, macroeconomic trends, and investor sentiment. Predicting the value of Bitcoin is dangerous. When making predictions, it's important to be careful and do research or talk to a financial expert before investing. Keep in mind that the prices of cryptocurrencies can change quickly when unexpected things happen. Before you invest, you should always think about the risks, how much risk you are willing to take, and your current financial situation.
It is important to be aware of the risks before investment, especially when you are going to invest on any digital item. Bitcoin price will be 1.5 million dollars in 2030 not sure you can't guarantee it. so it is true that before investing one must think several times whether he is able to accept that investment loss. Because no one can guarantee that there will always be a return on investment and no such product can be found.  Bitcoin is a very potential coin and it is possible to profit from it and so far many people have profited a lot from Bitcoin.  But for that you must hold it long term. Other cryptocurrencies including Bitcoin cannot profit without such long-term investment. You have written some points very carefully and I agree with them but I cannot agree with you completely
Thanks; you understood my point and commented accordingly. No, some could benefit from this in the long term. Remember that good things happen later with long-term thinking and holding.
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CEO Of ARK Invest Said in an Interview with CNBC Yesterday (Thursday) that Bitcoin Could Reach $1.5 Million by 2030.
Previously she Predicted about Bitcoin and Said that Bitcoin Could Reach $1 million.

Ark Invest is one of those asset-managing Firms that got one of the Bitcoin ETFs..

Source:
https://www.coindesk.com/markets/2024/01/11/cathie-wood-sees-bitcoin-price-reaching-15m-by-2030-after-etf-approval/
and
https://coinmarketcap.com/community/articles/65a00143f4756d5768d055e9/
That is 6 years from now , yet so high to expect because bitcoin cannot even make it to 100k till now , and even if bitcoin does yet 1.5 million is so much high to look at, how much would be the capitalization when this happens? 10-15 trillion$ ? damn that is truly amount that can buy countries .
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Bitcoin price will reach 1.5 million dollars by 2030 is not certain. I can't say what will happen with the stock market, Bitcoin, or other assets. Bitcoin and other cryptocurrencies are affected by changes in the market, new technologies, macroeconomic trends, and investor sentiment. Predicting the value of Bitcoin is dangerous. When making predictions, it's important to be careful and do research or talk to a financial expert before investing. Keep in mind that the prices of cryptocurrencies can change quickly when unexpected things happen. Before you invest, you should always think about the risks, how much risk you are willing to take, and your current financial situation.
It is important to be aware of the risks before investment, especially when you are going to invest on any digital item. Bitcoin price will be 1.5 million dollars in 2030 not sure you can't guarantee it. so it is true that before investing one must think several times whether he is able to accept that investment loss. Because no one can guarantee that there will always be a return on investment and no such product can be found.  Bitcoin is a very potential coin and it is possible to profit from it and so far many people have profited a lot from Bitcoin.  But for that you must hold it long term. Other cryptocurrencies including Bitcoin cannot profit without such long-term investment. You have written some points very carefully and I agree with them but I cannot agree with you completely
legendary
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Anything can happen in this industry but for the price of Bitcoin to reach $1million in 2030, it will be difficult for old investors to take that prediction from the CEO of Ark because if you look at where the price of Bitcoin is coming from and where it is now in the market, you will know that the price will do better in the future but it will not reach that amount in five years time. Many holders have been waiting for a new price of Bitcoin in the market since last year but the market price is not coming close to last two years price $69,212 for people to know that in five years time the price of Bitcoin will hit $1.5million in the market. Don't forget that anybody can predict about the price of Bitcoin, and what the CEO Ark predicted is just to let people know that he is a fans of Bitcoin.
I mean its quite obvious that people do believe that, maybe it doesn't look like that today, but we are talking about 2+ halvings later, one will happen soon this year, so we do not know if we could pass over 100k or even 200k, it may, or it may not we have no idea but then there will be another bear market and then another halving and another bull run which will take it even higher.

So all in all, I am not saying that it will happen but I could also see plenty of people who agree with it. If we open a poll today, and ask people "do you think bitcoin could be 1.5 million by 2030" and just open a yes or not options available, I think majority of the people will pick yes, not saying most, just saying majority, meaning 51% or more.
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The more good news there is about Bitcoin, the better it will be for market conditions, but predictions could be wrong, but if you look at the current condition of the US dollar and the resulting inflation, this could happen, sooner or later.
Such news is aimed at people who are not associated with cryptocurrency at all, and the media will only replicate this news, which will add recognition to the person who said it and nothing more. Dollar inflation and Bitcoin are not connected in any way at the moment, do not forget that there are other currencies which are traded against Bitcoin.
such forecasts do not have any value or meaning, it is rather just a voiced desire. Such experts often “predict” growth, but none of them talks about a fall in prices.
Even if it is undeniable that bitcoin has a lot of potential and I expect its price to be above its current levels during that time, we need to also acknowledge that statements like that have nothing behind them and it is just a way for the powerful to create hype for an asset, and this is done with the obvious intention to try to bring more people to the market, which have no experience at all, so they can lose their money to the whales and other good traders.
STT
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Such an estimate requires Dollar to half or more in value during that time so thats like 10% or more inflation every year on average.   Not impossible but supposedly thats not on the menu the FED is appearing or believing with various large finance bodies believing they wont allow 10% inflation so often as that between now and 2030.  If there is a major screw up and devaluation in a large amount occurs over this entire decade then Cathie is more then likely correct to make such a large estimate.  
   I mostly go for the more boring scenarios, while BTC gains its too healthy to suppose everything would give way to such a large valuation in a relatively short period of time.   6 years is less time then it takes to setup a large mine or processing plant of various kinds, it might long but the economy has projects longer lasting then this.   Thats relevant because large spending usually relates to bonds and currency stability etc.   If its just the case that BTC will gain so much, that performance makes everything else less attractive to invest in.
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The more good news there is about Bitcoin, the better it will be for market conditions, but predictions could be wrong, but if you look at the current condition of the US dollar and the resulting inflation, this could happen, sooner or later.
Such news is aimed at people who are not associated with cryptocurrency at all, and the media will only replicate this news, which will add recognition to the person who said it and nothing more. Dollar inflation and Bitcoin are not connected in any way at the moment, do not forget that there are other currencies which are traded against Bitcoin.
such forecasts do not have any value or meaning, it is rather just a voiced desire. Such experts often “predict” growth, but none of them talks about a fall in prices.
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Anything can happen in this industry but for the price of Bitcoin to reach $1million in 2030, it will be difficult for old investors to take that prediction from the CEO of Ark because if you look at where the price of Bitcoin is coming from and where it is now in the market, you will know that the price will do better in the future but it will not reach that amount in five years time. Many holders have been waiting for a new price of Bitcoin in the market since last year but the market price is not coming close to last two years price $69,212 for people to know that in five years time the price of Bitcoin will hit $1.5million in the market. Don't forget that anybody can predict about the price of Bitcoin, and what the CEO Ark predicted is just to let people know that he is a fans of Bitcoin.

Everyone can make her/his prediction here, it's free, but you have to understand the reasoning behind, perhaps this entities will have something to gain with this kind of exorbitant predictions, like in this case, they are institutional investors and so they are what we call, "buy the rumor, sell the news", a strategy that is very effective, as this is deeply rooted for marketing, hence they want to attract more clients.

But for bitcoin enthusiast, this price might be possible but not as early as 2030. We still haven't seen the price reaching $100k yet, although this bull cycle, almost majority as saying that the 6 digits might be hit. Still a long way to go though, and it will take a lot of money to flow into the market for Bitcoin to reach at last $1 million in the next 2-3 halvings.
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Anything can happen in this industry but for the price of Bitcoin to reach $1million in 2030, it will be difficult for old investors to take that prediction from the CEO of Ark because if you look at where the price of Bitcoin is coming from and where it is now in the market, you will know that the price will do better in the future but it will not reach that amount in five years time. Many holders have been waiting for a new price of Bitcoin in the market since last year but the market price is not coming close to last two years price $69,212 for people to know that in five years time the price of Bitcoin will hit $1.5million in the market. Don't forget that anybody can predict about the price of Bitcoin, and what the CEO Ark predicted is just to let people know that he is a fans of Bitcoin.
hero member
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www.Crypto.Games: Multiple coins, multiple games
This isn't the first time I'm hearing of this Cathie Wood's Bitcoin price prediction, all we are doing is speculation, including her price forecast and this is not new in the crypto space, seeing people predict whatsoever prices they think Bitcoin would reach in the future. However,  Bitcoin will always do whatever thing that it wants to in its price regardless of any price predictions out there, 1.5 million per coin, above or below and only time will tell, From my perspective, going on Bitcoin will definitely continue to experience an overwhelming increase in the price .  
Well, this is the "speculation" part of the forum, so it's normal that people would talk about speculation. Not that I think it's wrong, I do believe that it's quite right and that should not be all that different or difficult to handle neither. I believe that we need to consider this situation to be as good as it gets, we should be considering the fact that we are dealing with a problem that doesn't really exists, we do not really end up thinking that this would be all that easy.

I hope that Cathie Wood is right, I believe it is possible and we are talking about six years down the line so it is not like it is anytime soon neither, we are talking about a period that would not be all that simple to handle and should be considered a big deal.
hero member
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Tontogether | Save Smart & Win Big
$1.5M is possible if the dollar devalues fast.

Otherwise a range for maybe 2040.
The dollar could devalue but not that fast. and even if Dollar devalues I don't think Bitcoin would reach there by 2040. It sounds to good to be true for me.

I recently read a topic that someone predicted the price of Bitcoin to be 1 million, now the bid has already been outbid by 1.5 million))) where did they get such forecasts?!?  These are all assumptions that are not substantiated by anything specific, or they simply want to attract attention to themselves with such news, I no longer have any guesses why they are predicting such cosmic amounts... although there are still 6 years until 2030, maybe I’m wrong.
they don't get these forecast from anywhere. they simply assume these. no actual bitcoin analyst would make such a big prediction for that long time. and they are just doing that for getting peoples attention. and possible earn profit from the bitcoins they buy before giving such statements.
They think they are influencer and now they are part of bitcoin so they have all the rights to predict about bitcoins future.
member
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I recently read a topic that someone predicted the price of Bitcoin to be 1 million, now the bid has already been outbid by 1.5 million))) where did they get such forecasts?!?  These are all assumptions that are not substantiated by anything specific, or they simply want to attract attention to themselves with such news, I no longer have any guesses why they are predicting such cosmic amounts... although there are still 6 years until 2030, maybe I’m wrong.

I will try a possible explanation:

The price of something is always the amount someone is willing to pay for it at a specific moment in time.

Example: During around the year 2000 there was the dotcom bubble, a share of a company could be sold for 200 USD and 1 year later it was sold for maybe 1 USD, or the other way round, happens all the time in business.

To Bitcoin:

If you have 20 million Bitcoins and nobody wants to buy Bitcoins they are worthless.

If you have 20 million bitcoins and they are suited for a certain type of transactions worth in general 20 million USD, you could sell them for 20 millions USD and the people cover their transaction volume with it.

If you have 20 million bitcoins and the possible transactions volume goes up to 20 billion, you could get 20 billion USD.

Now assume there are about  8 billion people on the planet, and all start using Bitcoin for some reason the price per bitcoin would explode beyond your wildest dreams.

Or someone comes up with a new idea how to replace Bitcoins with something else, and the Bitcoin become worthless because there is no longer any use or buyer for them.


So the valuation of Bitcoins is based on your specific expectation about the future....

Maybe some people are right and some people are wrong....
hero member
Activity: 966
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This isn't the first time I'm hearing of this Cathie Wood's Bitcoin price prediction, all we are doing is speculation, including her price forecast and this is not new in the crypto space, seeing people predict whatsoever prices they think Bitcoin would reach in the future. However,  Bitcoin will always do whatever thing that it wants to in its price regardless of any price predictions out there, 1.5 million per coin, above or below and only time will tell, From my perspective, going on Bitcoin will definitely continue to experience an overwhelming increase in the price .  
legendary
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No one really holds the future price of bitcoin so probably, if bitcoin price will move upward consistently, then this price prediction will become possible, who knows, 2030 is still a long year so there are still chances that bitcoin price will be more tested, and when we cross that bridge, that’s the only time we will know if the price predicted turns into reality or not.

Well obviously, we are all optimistic here that bitcoin price will turn into very significant and expensive after couple of years, hence buying and hodling are the best options now that we should put high consideration so we will come up with maximum profits when that time finally comes.
hero member
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I wouldn't be surprised to see some CEO's say about the future price of bitcoin with predictions that are a little bit crazy, not that I don't believe it but it's too big and he often says on predictions that are always changing due to the approval of ETFs even increasing his predictions.
It's everyone's personal opinion how he sees Bitcoin, so his prediction is also his personal and if he thinks Bitcoin has that future potential then it's a matter of time to see how long it takes for his prediction to come true. There was a time when there was doubt that Bitcoin would cross the $10000 price but it has crossed that and now Bitcoin is trading at a much higher price. But yes, it is still too early to consider whether Bitcoin will reach this target of $1.5 million.

I am now eagerly waiting to see when bitcoin will cross the $100k target. The probability of Bitcoin going to $1.5 million in 2030 seems very low to me, because that is a very big target.
I know it's their personal opinion but when it's an institutional person in front of the media talking about it, it will become public speculation, actually this is not bad news considering their predictions are high not down so it's only natural that their predictions are too big even though it's just a prediction sometimes it's not right.

The proof is indeed waiting for time to arrive whether this will happen or not.

You agree with me that the $1.5M prediction is still low, still for me it's too high unless $500K might still be reasonable.
You're waiting for $100K, I'm just as eager to partially release at that price. LOL
There is a lot of speculation among everyone about Bitcoin price and when a CEO like him gives a prediction, there is a lot of discussion about it in the market. Bitcoin will reach the $1.5 million target in 2030, I think it is very unlikely that this target will be achieved in such a short period of time. And for Bitcoin to reach $100k target I am waiting for it to cross this target and it will have a lot of impact on the market which will be understood as time goes by.
hero member
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I wouldn't be surprised to see some CEO's say about the future price of bitcoin with predictions that are a little bit crazy, not that I don't believe it but it's too big and he often says on predictions that are always changing due to the approval of ETFs even increasing his predictions.
It's everyone's personal opinion how he sees Bitcoin, so his prediction is also his personal and if he thinks Bitcoin has that future potential then it's a matter of time to see how long it takes for his prediction to come true. There was a time when there was doubt that Bitcoin would cross the $10000 price but it has crossed that and now Bitcoin is trading at a much higher price. But yes, it is still too early to consider whether Bitcoin will reach this target of $1.5 million.

I am now eagerly waiting to see when bitcoin will cross the $100k target. The probability of Bitcoin going to $1.5 million in 2030 seems very low to me, because that is a very big target.
I know it's their personal opinion but when it's an institutional person in front of the media talking about it, it will become public speculation, actually this is not bad news considering their predictions are high not down so it's only natural that their predictions are too big even though it's just a prediction sometimes it's not right.

The proof is indeed waiting for time to arrive whether this will happen or not.

You agree with me that the $1.5M prediction is still low, still for me it's too high unless $500K might still be reasonable.
You're waiting for $100K, I'm just as eager to partially release at that price. LOL
sr. member
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The more good news there is about Bitcoin, the better it will be for market conditions, but predictions could be wrong, but if you look at the current condition of the US dollar and the resulting inflation, this could happen, sooner or later.
full member
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I recently read a topic that someone predicted the price of Bitcoin to be 1 million, now the bid has already been outbid by 1.5 million))) where did they get such forecasts?!?  These are all assumptions that are not substantiated by anything specific, or they simply want to attract attention to themselves with such news, I no longer have any guesses why they are predicting such cosmic amounts... although there are still 6 years until 2030, maybe I’m wrong.
legendary
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$1.5M is possible if the dollar devalues fast.

Otherwise a range for maybe 2040.
legendary
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Leading Crypto Sports Betting & Casino Platform
CEO Of ARK Invest Said in an Interview with CNBC Yesterday (Thursday) that Bitcoin Could Reach $1.5 Million by 2030.
Previously she Predicted about Bitcoin and Said that Bitcoin Could Reach $1 million.

Ark Invest is one of those asset-managing Firms that got one of the Bitcoin ETFs..

Source:
https://www.coindesk.com/markets/2024/01/11/cathie-wood-sees-bitcoin-price-reaching-15m-by-2030-after-etf-approval/
and
https://coinmarketcap.com/community/articles/65a00143f4756d5768d055e9/
Thats some crazy amount and I know everyone holding some coins wouldn't mind if the price can sky rocket to that amount while the other sets of person not yet holding will be praying for the price to drop low so they can actually buy these dips. Bitcoin reaching 1.5million by 2030 is a very wild prediction I must say but that would have been the case a few years back in the early stages of Bitcoin when it was down to a dollar and someone predicted that it would reach 64k in a decay time  so nothing is impossible when it comes to the market value and price of Bitcoin.

In my opinion, making predictions for the next 5 years or 10 years is a myth and meaningless because we do not know what will happen in the future and how it will affect bitcoin. I think what we need to do now is focus on the upcoming target of the bull season which will take place in 2024-2025. Because bitcoin hasn't even reached $100k yet, making predictions that bitcoin will reach $1 million or $2 million is really unnecessary.
sr. member
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It's all very speculative. Right now with a 6.25 block reward, 6.25*6*24=900 bitcoins being mined every day. At the current price of 42k which is what miners are selling these new coins at that would mean there is at least 38million$ being added to the network every day. We can treat this as a indicator of demand.

in 2030 block reward would be 1.56, which translates to 224.64 bitcoins being mined every day. At a speculative value of 1.5 million for each coin which is what miners would be selling these new coins at, we would be looking at 337million$ being added to the network daily. That almost 9 times more demand than current levels. The question is do we think that is possible by 2030?
hero member
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Leading Crypto Sports Betting & Casino Platform
CEO Of ARK Invest Said in an Interview with CNBC Yesterday (Thursday) that Bitcoin Could Reach $1.5 Million by 2030.
Previously she Predicted about Bitcoin and Said that Bitcoin Could Reach $1 million.

Ark Invest is one of those asset-managing Firms that got one of the Bitcoin ETFs..

Source:
https://www.coindesk.com/markets/2024/01/11/cathie-wood-sees-bitcoin-price-reaching-15m-by-2030-after-etf-approval/
and
https://coinmarketcap.com/community/articles/65a00143f4756d5768d055e9/
Thats some crazy amount and I know everyone holding some coins wouldn't mind if the price can sky rocket to that amount while the other sets of person not yet holding will be praying for the price to drop low so they can actually buy these dips. Bitcoin reaching 1.5million by 2030 is a very wild prediction I must say but that would have been the case a few years back in the early stages of Bitcoin when it was down to a dollar and someone predicted that it would reach 64k in a decay time  so nothing is impossible when it comes to the market value and price of Bitcoin.
sr. member
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HODL - BTC
When some institutions are involved in bitcoin, they will say bitcoin is as high as it is, I have seen predictions from Saylor saying $5 million in the future because he continues to buy bitcoin so he believes in these predictions.

They say of course they have a strong analysis behind all that while for us it's too much to say bitcoin is that price within a decade even though I know bitcoin will grow faster later but still not so realistic.

Not not believing because we always predict bitcoin from every cycle that runs, if for predictions more than two cycles, for example, it will be difficult to analyze, this is for myself because there is no more ability then that's what I understand.
hero member
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I wouldn't be surprised to see some CEO's say about the future price of bitcoin with predictions that are a little bit crazy, not that I don't believe it but it's too big and he often says on predictions that are always changing due to the approval of ETFs even increasing his predictions.
It's everyone's personal opinion how he sees Bitcoin, so his prediction is also his personal and if he thinks Bitcoin has that future potential then it's a matter of time to see how long it takes for his prediction to come true. There was a time when there was doubt that Bitcoin would cross the $10000 price but it has crossed that and now Bitcoin is trading at a much higher price. But yes, it is still too early to consider whether Bitcoin will reach this target of $1.5 million.

I am now eagerly waiting to see when bitcoin will cross the $100k target. The probability of Bitcoin going to $1.5 million in 2030 seems very low to me, because that is a very big target.
hero member
Activity: 1498
Merit: 785
I wouldn't be surprised to see some CEO's say about the future price of bitcoin with predictions that are a little bit crazy, not that I don't believe it but it's too big and he often says on predictions that are always changing due to the approval of ETFs even increasing his predictions.

To be honest I'm glad they keep talking about bitcoin with their predictions but for me it's too early even though we know no one can predict the future price of bitcoin it's just that our thoughts are too positive because the longer you hold the higher the bitcoin goes.

The only way is to buy then HODL until 2023 and prove it later, I think 6 years is a long time but when you forget it will feel like a minute. Grin
hero member
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Did she buy some BTC or has BTC-related stocks? Because every time someone influential starts hyping Bitcoin, it's probably because they got skin in the game and try to leverage their influence. But remember that these people always take profits, they don't "hodl", they invest. She'll probably sell long before Bitcoin will be even 1/4 close to that price target, while retail investors will pump the price waiting for these moon predictions.
I thought about the same. this is the one thing that is common in all social media influencers and influential people. they buy Bitcoin or Altcoins for themselves first and then come up to public via news sources or social media and start making big speculations and predictions about them. once those tokens pump. they sell off and take their profit back.
Bitcoin price took a dump to $42k from $46 after ETF approval. that makes me think some of these might have took their profit from Bitcoin in this small price movement. maybe that is why bitcoin price dropped. otherwise everyone was expecting  big pump after ETF approval.
If you are someone whose really that aware or wary about on how this market works then you would definitely be having those kind of thinking or something should really be in default in speaking about news and other fundamentals that could really exist or could happen into this market on which it could really be neither having those bullish sentiments and bearish ones on which it would really be that entirely be depending
on what are those plans and potential actions that they would really be making for their own benefit. Of course it would really be that everything for money or for profit. We do know on how they greedy they are
on which its not really that shocking anymore if they would really be making out such step and somewhat that very obvious about being manipulative.

We do really like on being optimistic but sometimes we should really be that knowing on how to stick into those realistic ones or approaches when it comes to price. We cant really just that make ourselves
believing into something which it is really just that far off stretched specially on Bitcoins price or onto this crypto world, no one really knows actually.
tyz
legendary
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Cathy Wood is a contro-indicator for me, so I don't think BTC will reach $1.5 million by 2030. Her Ark fund is a disaster. I don't understand why she is so hyped just because the fund did well during the low interest rate phase and the whole tech rally. But it has been underperforming massively for over 2 years now and has missed some trends (e.g. AI).

maybe want to make noise and see if it will do good on her business. because if they will encounter her name, for sure, people will search about her and see who is she in this market. most of the time, if a person is exaggerating something, he or she has some motives and want to make it happen no matter what.

People don't really need to research about her, because especially young people (Gen Z) know here very well. In the bull run and the hype phase of Wallstreet Bets, she was kinda Jeanne d’Arc of many in this age group. That's why too many people still trust her and her fund.
copper member
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Definitely the projection and past history of Bitcoins tell us this only. Bitcoins are very valuable trust me. Those who have known the value of the coins, would definitely have started accumulating the coins for these big occasions. We know that Bitcoins are limited in numbers and hence if the demand to accumulate it will increase, then price will automatically go up to meet the demand. Hence just accumulate and hold the coins for some years. In this manner you will make the maximum profit.
hero member
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Did she buy some BTC or has BTC-related stocks? Because every time someone influential starts hyping Bitcoin, it's probably because they got skin in the game and try to leverage their influence. But remember that these people always take profits, they don't "hodl", they invest. She'll probably sell long before Bitcoin will be even 1/4 close to that price target, while retail investors will pump the price waiting for these moon predictions.
I thought about the same. this is the one thing that is common in all social media influencers and influential people. they buy Bitcoin or Altcoins for themselves first and then come up to public via news sources or social media and start making big speculations and predictions about them. once those tokens pump. they sell off and take their profit back.
Bitcoin price took a dump to $42k from $46 after ETF approval. that makes me think some of these might have took their profit from Bitcoin in this small price movement. maybe that is why bitcoin price dropped. otherwise everyone was expecting  big pump after ETF approval.
sr. member
Activity: 1204
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CEO Of ARK Invest Said in an Interview with CNBC Yesterday (Thursday) that Bitcoin Could Reach $1.5 Million by 2030.
Previously she Predicted about Bitcoin and Said that Bitcoin Could Reach $1 million.

Ark Invest is one of those asset-managing Firms that got one of the Bitcoin ETFs..

Source:
https://www.coindesk.com/markets/2024/01/11/cathie-wood-sees-bitcoin-price-reaching-15m-by-2030-after-etf-approval/
and
https://coinmarketcap.com/community/articles/65a00143f4756d5768d055e9/
I won't speculate too far into 2030 or 2050, what matters now is what the future holds for Bitcoin once the ETF is approved because this is what we need to pay attention to. Regardless of 2030 and beyond, time will tell. Before the ETF was approved, we may have heard crazy predictions but in fact there is still no WOW movement as many prediction experts everywhere say. Therefore, ensuring Bitcoin growth is maintained and gaining healthy adoption is the most important task. So we no longer need to guess prices for years that are still far away. Once the ETF phase is approved whose impact is yet to be seen, we need to have wise decisions and plans.
member
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Just my humble opinion:

1) Because there is only a limited supply of bitcoins available, then given an increased demand the price could reach for example 1.5 million dollars. If for example China gets funny ideas about Taiwan, then maybe a kind of financial panic could be a cause to a massive increase...... or maybe something like Covid, that hits next year and nobody thinks about now.


2) On the other side Bitcoin could go down massively as well, maybe an so far undiscovered flaw in the system or simply an other alternative, nobody know the future.

So in total I would suggest to take some profits from time to time and in case all goes to hell you made at least some money and on the other side stay invested in bitcoin in case all goes well.

Smiley

sr. member
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Merit: 366
I think this is not even worth discussing at all. ARK Invest is highly invested in Bitcoin. Not only does it have itself an investment in Bitcoin, it is also offering Bitcoin products for investors to buy or trade. Cathie Wood, its founder and CEO, has been very vocal about her mega bullish Bitcoin predictions. All these efforts to hype and even stir a FOMO on Bitcoin are not surprising under such circumstances. You can't expect an objective prediction from Cathie because she has a huge stake in it.
hero member
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Tontogether | Save Smart & Win Big
I hope we see less of those idiotic statements. Bitcoin always performed best when people claimed that it will be dead soon. As soon as "famous" people started to talk about the greatness of bitcoin, the trouble began.
I don't think these idiotic statements will stop coming. as long as there are people who listen and believe these self-proclaimed Bitcoin experts who think they are more loyal to Bitcoin than anyone, while in actually they are just after the money.
And bitcoin will always do good, no matter if anyone call it a scam or predict about its price reaching $1.5 millions. there are minor turbulence, but I didn't see any big troubles here.

Cathy Wood is a contro-indicator for me, so I don't think BTC will reach $1.5 million by 2030. Her Ark fund is a disaster. I don't understand why she is so hyped just because the fund did well during the low interest rate phase and the whole tech rally. But it has been underperforming massively for over 2 years now and has missed some trends (e.g. AI).
Maybe since their ETF applications and then approval. she think she have every right to say anything about Bitcoin.  Grin Grin
legendary
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LE ☮︎ Halving es la purga
Create a post on X (Twitter) where you announce a price, whatever you want, and nothing  will happen.
But, "Ark Invest is one of those asset-managing Firms that got one of the Bitcoin ETFs,"you'll likely be promoting  prices that sound "tasty."

Then, just throw as much information as you can into the personal projection equation and project that price.

"Price Could Reach $109,030 by 2030 Says famososMuertos.
hero member
Activity: 1470
Merit: 502
Regardless of what he says about future predictions it will just be a situation that will only be glanced at but will not be taken too seriously because after all, arguing or agreeing about bitcoin price speculation for the next 6 years is very long and of course it will not be proven in the near future so we will just see and without any defence or counter to it.

Unless indeed we are a beginner who will only believe what is said by influencers or those who have certain powers maybe something like this will be used as a situation that will be considered great but for those of us who have been in bitcoin for a long time I think many have said about classic speculation like this but of course the proof is only about time so don't be too fooled and expect more with what is said by those who have influence such as influencers or those behind the company.
hero member
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Cathie wood and ARK Invest have a bag of BTC BTC and they're only shilling their bags loud enough for the wall street big boys and mainstream big players to jump on Bitcoin and pump their bags. We have seen many optimistic like the John Mcafee $500K prediction in 2017

This is why I take these Bitcoin price predictions with a grain of salt because even if Bitcoin doesn't reach that price, no one can hold them accountable.

if they are giving such very high predictions on this market, it means, they have ulterior motives. they may have vested interest or hodling some of cryptocurrencies. of course, you want to feel bullish for what you have, right?
and for sure, at one point, they will discard some if they are already in profits. after all, we are here to take profits and not just wait for nothing.


Of course, they have a bag and are one of the firms that pushed for a Bitcoin ETF approval so obviously they have a bag and want other majority players to jump in so they can make more profits for being "early".
sr. member
Activity: 434
Merit: 253
CEO Of ARK Invest Said in an Interview with CNBC Yesterday (Thursday) that Bitcoin Could Reach $1.5 Million by 2030.
Previously she Predicted about Bitcoin and Said that Bitcoin Could Reach $1 million.

Ark Invest is one of those asset-managing Firms that got one of the Bitcoin ETFs..

Source:
https://www.coindesk.com/markets/2024/01/11/cathie-wood-sees-bitcoin-price-reaching-15m-by-2030-after-etf-approval/
and
https://coinmarketcap.com/community/articles/65a00143f4756d5768d055e9/
I don't take these predictions seriously anymore because the rate at which they fail is alarming. Before the ETF approval, many of the predictions were made hoping that the ETF approval will drive the price so high. Many of them were looking at the combined effect of the ETF approval and halving. But the reaction of the market to the ETF approval leaves many people disappointed. Besides, I don't anything different from the CEO of ARK Invest because it is also a way of promoting his business. They have to give people reason to inject money into Bitcoin. The only thing reasonable to do is to buy Bitcoin and hold with little attention paid to the price.
legendary
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Leading Crypto Sports Betting & Casino Platform
Did she buy some BTC or has BTC-related stocks? Because every time someone influential starts hyping Bitcoin, it's probably because they got skin in the game and try to leverage their influence. But remember that these people always take profits, they don't "hodl", they invest. She'll probably sell long before Bitcoin will be even 1/4 close to that price target, while retail investors will pump the price waiting for these moon predictions.

if they are giving such very high predictions on this market, it means, they have ulterior motives. they may have vested interest or hodling some of cryptocurrencies. of course, you want to feel bullish for what you have, right?
and for sure, at one point, they will discard some if they are already in profits. after all, we are here to take profits and not just wait for nothing.

Cathy Wood is a contro-indicator for me, so I don't think BTC will reach $1.5 million by 2030. Her Ark fund is a disaster. I don't understand why she is so hyped just because the fund did well during the low interest rate phase and the whole tech rally. But it has been underperforming massively for over 2 years now and has missed some trends (e.g. AI).

maybe want to make noise and see if it will do good on her business. because if they will encounter her name, for sure, people will search about her and see who is she in this market. most of the time, if a person is exaggerating something, he or she has some motives and want to make it happen no matter what.
legendary
Activity: 3024
Merit: 2148
Did she buy some BTC or has BTC-related stocks? Because every time someone influential starts hyping Bitcoin, it's probably because they got skin in the game and try to leverage their influence. But remember that these people always take profits, they don't "hodl", they invest. She'll probably sell long before Bitcoin will be even 1/4 close to that price target, while retail investors will pump the price waiting for these moon predictions.
sr. member
Activity: 2226
Merit: 347
CEO Of ARK Invest Said in an Interview with CNBC Yesterday (Thursday) that Bitcoin Could Reach $1.5 Million by 2030.
Previously she Predicted about Bitcoin and Said that Bitcoin Could Reach $1 million.

Ark Invest is one of those asset-managing Firms that got one of the Bitcoin ETFs..

Source:
https://www.coindesk.com/markets/2024/01/11/cathie-wood-sees-bitcoin-price-reaching-15m-by-2030-after-etf-approval/
and
https://coinmarketcap.com/community/articles/65a00143f4756d5768d055e9/
Here we go again with these kind of price speculations on reaching out $1M+ or even more on short span of time but well there's no way that we could be able to know on what are
the things that could happen in the future, specially now that ETF's had been approved then we do know that institutional funds are really that flowing into this market
on which we do know on how many Trillions could actually flow into this crypto space not only that limited on Bitcoin but also in other coins as well.
There's no way on knowing about the future but at least we do really know on where it could possibly go basing up on the current sentiments which is happening now.

This is why if you are really that a believer or having that kind of hopes and beliefs about Bitcoin then it would be always wise and smart that you should really
be that making out that kind of accumulation while the price isnt really that still high. It would be best that you should really be that
considering on making some entry while the price is really just that still low.
sr. member
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I'm sure we all often come across very high Bitcoin price predictions in the next few years, but those are just possible predictions predicted by famous people so some people believe them. Actually, we can also predict the price of Bitcoin as we like, but unfortunately no one will believe it. Angry
I personally don't really believe in anyone's predictions because in the end their predictions don't match expectations. And I can only enjoy the process of Bitcoin's journey by taking advantage of profits when the Bitcoin price reaches a new ATH and continues to repeat it.
Even if it happens, I assume it will only happen in the next generation when I am no longer in this world because most of the predictions of high prices will occur in years when we are not necessarily still in this world.
tyz
legendary
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Cathy Wood is a contro-indicator for me, so I don't think BTC will reach $1.5 million by 2030. Her Ark fund is a disaster. I don't understand why she is so hyped just because the fund did well during the low interest rate phase and the whole tech rally. But it has been underperforming massively for over 2 years now and has missed some trends (e.g. AI).
hero member
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I hope we see less of those idiotic statements. Bitcoin always performed best when people claimed that it will be dead soon. As soon as "famous" people started to talk about the greatness of bitcoin, the trouble began.
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CEO Of ARK Invest Said in an Interview with CNBC Yesterday (Thursday) that Bitcoin Could Reach $1.5 Million by 2030.
Previously she Predicted about Bitcoin and Said that Bitcoin Could Reach $1 million.

Ark Invest is one of those asset-managing Firms that got one of the Bitcoin ETFs..
I remember that around 2 years ago this kinds of interviews and prediction can impact on me because I was newbie on that time. After grewing up some times the reality is "This type of prediction is not new today, this type of prediction is coming continuously.  If we look at the previous bull run, there were many predictors who predicted that Bitcoin would surpass $100k in 2021, but did that actually happen?  No it didn't happen, I think all these predictions are pretty much the same.
legendary
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Does anyone pay attention to these predictions? I think only newbies are impressed by them. No one knows what the price of Bitcoin will be in 2030, although those of us who are into this believe that it is extremely likely to be much higher than it is now. So the best thing to do is to forget about the noise and keep buying and holding.
These prediction are made just to create some hype and interest. I strongly believe in BTC but 2030 is just 6 years from now, and at this moment BTC value is approx $44k, it means that it has to grow more than 30 times in order to reach that value, it just doesn't make any sense. I think there will be a constant grow (with dumps of course) but $1,5 mln, come on...
sr. member
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Bitcoin price will reach 1.5 million dollars by 2030 is not certain. I can't say what will happen with the stock market, Bitcoin, or other assets. Bitcoin and other cryptocurrencies are affected by changes in the market, new technologies, macroeconomic trends, and investor sentiment. Predicting the value of Bitcoin is dangerous. When making predictions, it's important to be careful and do research or talk to a financial expert before investing. Keep in mind that the prices of cryptocurrencies can change quickly when unexpected things happen. Before you invest, you should always think about the risks, how much risk you are willing to take, and your current financial situation.
jr. member
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CEO Of ARK Invest Said in an Interview with CNBC Yesterday (Thursday) that Bitcoin Could Reach $1.5 Million by 2030.
Previously she Predicted about Bitcoin and Said that Bitcoin Could Reach $1million.

It doesn't seem that easy. 2030 is a long time span and $1.5 million is a big amount buddy. None of us know what the future will hold, we have no chance of knowing. Again, it is difficult to predict what will happen in the crypto market, but we are optimistic that the next position of Bitcoin will reach a good high.

However, there is a huge chance for the price to rise this year as it is the year of the Bitcoin halving and the SEC has just approved Bitcoin ETFs. So whether it gets to $1.5million remains to be seen, but I think it has a very good chance. As Bitcoin halving time after 4 years and another halving before 2030.
Therefore, we should not go into any future prediction, patiently hold Bitcoin and wait for the next drop.
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CEO Of ARK Invest Said in an Interview with CNBC Yesterday (Thursday) that Bitcoin Could Reach $1.5 Million by 2030.
Previously she Predicted about Bitcoin and Said that Bitcoin Could Reach $1 million.

Ark Invest is one of those asset-managing Firms that got one of the Bitcoin ETFs..

Source:
https://www.coindesk.com/markets/2024/01/11/cathie-wood-sees-bitcoin-price-reaching-15m-by-2030-after-etf-approval/
and
https://coinmarketcap.com/community/articles/65a00143f4756d5768d055e9/
There has always been an avenue for freedom of speech in the Bitcoin community, where almost everyone can make predictions about Bitcoin's price that suit them. It's not new that supporters express their views for something they love and see significant potential in. Undoubtedly, Bitcoin has been exceptional over the years before reaching its current price. While Cathie's predictions might be accurate, it doesn't mean every Bitcoin enthusiast buys into that forecast, knowing fully well that 2030 is a future tense.
hero member
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$1.5 Million dollar is very big amount. but there is a long time for 2030. anything can happen by then. Bitcoin has a very limited supply, and Demand increasing day by day as Adoption increasing,
Bitcoin ETF Recently passed, and halving coming this year. there will be many other major events like this in these 8 years. so I think it is not impossible for bitcoin to reach $1.5m .
Also these ETF persons are expecting a lot of Cash Inflows after approval of ETFs. I read at another places that $20 billion expected to inflow in Bitcoin in 5 years after ETF approval. Now Lets see how it will go.
I agree that 8 years is a lot of time. and Bitcoin's adoption and demand is increasing at higher scale. but Think about this, Bitcoin price is now $45K+. Its all-time high was around $67K 68K, if Bitcoin price only reached $45k or say $68k in 15 years. do you think it'll go to $1.5 Million in just 6 years? sound too good to be true isn't it? I don't think bitcoin can reach that much even with all those adoptions going on.. it will eventually go there but not by 2030.

 
Does anyone pay attention to these predictions? I think only newbies are impressed by them. No one knows what the price of Bitcoin will be in 2030, although those of us who are into this believe that it is extremely likely to be much higher than it is now. So the best thing to do is to forget about the noise and keep buying and holding.
You are right, an I wonder what do these So-called Bitcoin experts want to achieve by impressing newbies.  Wink Wink
sr. member
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stead.builders
CEO Of ARK Invest Said in an Interview with CNBC Yesterday (Thursday) that Bitcoin Could Reach $1.5 Million by 2030.
Previously she Predicted about Bitcoin and Said that Bitcoin Could Reach $1 million.

Ark Invest is one of those asset-managing Firms that got one of the Bitcoin ETFs..

Source:
https://www.coindesk.com/markets/2024/01/11/cathie-wood-sees-bitcoin-price-reaching-15m-by-2030-after-etf-approval/
and
https://coinmarketcap.com/community/articles/65a00143f4756d5768d055e9/

That is Bitcoin for you, anyone can say whatsoever thing they feel convenient about, but one thing is certain which is it's increasing in value each time we are using it, same way we continue to experience massive adoption of this digital currency, attaining upto a million dollars may not be sooner as possible but is what is possible with bitcoin over time, the way we move along with it this time forward after halving will also determine what we should expect of it in more subsequent years to come.
sr. member
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We should not take other people's projections seriously or take them at their word, particularly when it comes to predictions like the one you stated that bitcoin may go to $1.5 million by 2030, as predicted by Cathie Wood.
These are merely predictions, and we have no way of knowing if they will come true or not.
As everyone knows, the cryptocurrency market is notorious for its volatility, and a number of factors, including market demand, can affect pricing.
She might offer insights based on current trends, but we must treat such forecasts with caution and awareness of the fact that unforeseen events might impact prices and change the direction of the market.
legendary
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Does anyone pay attention to these predictions? I think only newbies are impressed by them. No one knows what the price of Bitcoin will be in 2030, although those of us who are into this believe that it is extremely likely to be much higher than it is now. So the best thing to do is to forget about the noise and keep buying and holding.

only in the prediction contest of Jackclub in the games section. but from those institutions, we've heard of it before. a lot of them also said back in 2021 that the price will hit $100K. never happened. people have to believe in something though. Cattie just gave hope to her audience.

but this is just to hype which i think we also need so that the newcomers of crypto will look at the price and think they can make money when that price is achieved.
legendary
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CEO Of ARK Invest Said in an Interview with CNBC Yesterday (Thursday) that Bitcoin Could Reach $1.5 Million by 2030.
Previously she Predicted about Bitcoin and Said that Bitcoin Could Reach $1 million.

I have been in the crypto field since 2017, and I have seen there are a lot of such predictions by some Popular individuals in Crypto. Most of them do not happen in reality. Smiley

Yes, BTC could reach $1.5m. But I don't think it will happen so easily. 2030 is so early. but who knows anything can happen any time in crypto Smiley

legendary
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Does anyone pay attention to these predictions? I think only newbies are impressed by them. No one knows what the price of Bitcoin will be in 2030, although those of us who are into this believe that it is extremely likely to be much higher than it is now. So the best thing to do is to forget about the noise and keep buying and holding.
hero member
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I thought that she only said like about $600k. But anyway, anyone who owns a company, a CEO of a company or someone who's relevant to the market that she's talking with and anyone who's very much prominent in anyways of her life, they all have the relevance to what they're saying because they're known.

But what matters is that all of these are opinions that they're saying and no one can know if it's going to happen. We've been into so many speculations about a million dollar per bitcoin and I am enthusiastic and looking forward on it. But we just can't time the market on when it is going to happen, it's just hard to give how and when it will happen.

Those that have been saying so much about the price of Bitcoin, it's now even more possible because of the ETF but right now. All we need to do is to wait on the longer impact of it.
sr. member
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$1.5 Million dollar is very big amount. but there is a long time for 2030. anything can happen by then. Bitcoin has a very limited supply, and Demand increasing day by day as Adoption increasing,
Bitcoin ETF Recently passed, and halving coming this year. there will be many other major events like this in these 8 years. so I think it is not impossible for bitcoin to reach $1.5m .
Also these ETF persons are expecting a lot of Cash Inflows after approval of ETFs. I read at another places that $20 billion expected to inflow in Bitcoin in 5 years after ETF approval. Now Lets see how it will go.
hero member
Activity: 1232
Merit: 683
Tontogether | Save Smart & Win Big
CEO Of ARK Invest Said in an Interview with CNBC Yesterday (Thursday) that Bitcoin Could Reach $1.5 Million by 2030.
Previously she Predicted about Bitcoin and Said that Bitcoin Could Reach $1 million.

Ark Invest is one of those asset-managing Firms that got one of the Bitcoin ETFs..

Source:
https://www.coindesk.com/markets/2024/01/11/cathie-wood-sees-bitcoin-price-reaching-15m-by-2030-after-etf-approval/
and
https://coinmarketcap.com/community/articles/65a00143f4756d5768d055e9/
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