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Topic: Bitcoin for $1 Million !!! In ten years? - page 13. (Read 2824 times)

hero member
Activity: 1834
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November 23, 2017, 05:46:14 AM
#27
That price is very high and I think it is impossible to happen. Because if you have only 1 bitcoinn you will have 1 million dollars and that's very unrealistic. Even you wait few decades it will not happen for sure. Even 100k dollars is less percentage to happen. It's better the target price of the bitcoin will be 10k dollars before end of this year 2017 before the you think that.
hero member
Activity: 910
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November 23, 2017, 05:31:37 AM
#26
Bitcoin is increasing yes but lets not forgot the fact that $1 million in ten years is too much and overrated. I would say that having bitcoin in a million in ten years is possible but i think it has a low probability that it's gonna happen, well maybe $400k or something in ten years is possible but it's only a prediction.
full member
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November 23, 2017, 05:16:46 AM
#25
This is too much of prediction, I don't we can get to that point. However we should at least take it on hyping it up , we should be realistic here and on what is happening right now, I don't BTC can get to that point, we have FUD persons, big businesses, big Governments who will probably let that happen
hero member
Activity: 952
Merit: 513
November 23, 2017, 05:11:47 AM
#24
Yeah, if you look at it logarithmically bitcoin's jumps in price actually makes a lot more sense. It is simply following the norm right now. I think that 10 years, 1 million is definitely possible, but i would not say that there is a high chance.

The main catalyst here would be a fiat collapse or a financial meltdown.

That would make people turn to BTC which in turn will drive prices up for bitcoin. But if fiat stays put for another decade i don't see that much of a growth for BTC just yet.
hero member
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November 23, 2017, 04:46:18 AM
#23
Let us not clump bitcoin cash and bitcoin gold together with bitcoin, they have no bearing on each oher, bitcoin will hit $10k soon enough on it's own.
There is nothing required to make a correlation. It all happens with regards to time. We have got the forks of bitcoin show good growth over the past few days. Also ten years is more than enough to experience a much large scale growth in comparison with the other currencies available.

Yup! and I think that year cap in the Chart was not really accurate but even so the progress in the value of bitcoin will  be unstoppable, you can sure use it as a guide in what value bitcoin have now and we can not predict on how much bitcoin will be after 10 years but the sure thing that we know about bitcoin was the fluctuation right now are so overwhelming that it is hard to speculate when the bubble can occur.
full member
Activity: 366
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November 23, 2017, 04:24:03 AM
#22
Let us not clump bitcoin cash and bitcoin gold together with bitcoin, they have no bearing on each oher, bitcoin will hit $10k soon enough on it's own.
There is nothing required to make a correlation. It all happens with regards to time. We have got the forks of bitcoin show good growth over the past few days. Also ten years is more than enough to experience a much large scale growth in comparison with the other currencies available.
hero member
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November 23, 2017, 04:07:16 AM
#21
Chart from 2014, when Bitcoin was $300, predicted price of $10k for today — Nov 22nd, 2017.  

We're at $8,200.  (If we add Bitcoin Cash and Gold prices, we'll get close to $10k).

Next milestone on chart: $100k in summer 2021.   And next: $1M in 2027.


Technical analysis been used on keep tracking on the possible price of bitcoin in future years but seeing on this chart its impossible $1M price? that thing do only happen on our dreams. 10 years time is just too short I would rather believe that this would be a 100 year speculation. We even hardly reach $20k price how much more on million matters.Its just exaggerated assumptions.
full member
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November 23, 2017, 02:42:42 AM
#20
Chart from 2014, when Bitcoin was $300, predicted price of $10k for today — Nov 22nd, 2017.  

We're at $8,200.  (If we add Bitcoin Cash and Gold prices, we'll get close to $10k).

Next milestone on chart: $100k in summer 2021.   And next: $1M in 2027.



I expect the bitcoin price will hit $ 1M in the year of 2030,the chart shows three years earlier but anyways bitcoin will hit $ 1M in ten years.But anything can be possible in crypto currency so we have to keep alive the bitcoins by keep investing on them then the price will increase by more investors.
legendary
Activity: 1848
Merit: 1000
November 23, 2017, 02:25:36 AM
#19
Let us not clump bitcoin cash and bitcoin gold together with bitcoin, they have no bearing on each oher, bitcoin will hit $10k soon enough on it's own.
sr. member
Activity: 672
Merit: 266
November 23, 2017, 02:24:03 AM
#18
1M$ for a bitcoin means that the whole bitcoins will be worth more than 16T$ (16 thousand billions). Is that ever possible to get that much money in a single market?
Anyway everything can happen, but such a value for bitcoin means it'll be mass adopted by many users, not only as a investment, but as a way of payment too.
full member
Activity: 980
Merit: 114
November 23, 2017, 02:19:40 AM
#17
I hope this happen and we having $1,000,000 to 1btc and we would achieve this before 2028. Bitcoin has make a high significant progress since the beginning of 2014 till now and if will continue wit this progress tell end of 2027 we would get to this speculation price. Many are speculating that bitcoin will fell when it get to $10,000 but with the way things are going we would not fall.
legendary
Activity: 1946
Merit: 1137
November 23, 2017, 01:49:49 AM
#16
thanks for sharing this, i have seen a couple of these exponential rise charts before but this one seems to be more interesting with a more accurate function. i wish it was updated until 2017 though.

We're at $8,200.  (If we add Bitcoin Cash and Gold prices, we'll get close to $10k).

you shouldn't add those ever. if you want to add price of other tokens/markets then you have to add the price of all of the altcoins! because they are separate markets no matter what their names are, they may be affected by bitcoin but they will still remain separate.

besides until 10K we have only less than 20% rise and 1 month left. i think it is within tolerance level.
full member
Activity: 756
Merit: 102
November 23, 2017, 01:26:56 AM
#15
Chart from 2014, when Bitcoin was $300, predicted price of $10k for today — Nov 22nd, 2017.  

We're at $8,200.  (If we add Bitcoin Cash and Gold prices, we'll get close to $10k).

Next milestone on chart: $100k in summer 2021.   And next: $1M in 2027.



charts dont predict the destiny of bitcoin because it is totally unpedictable and you cant add the value of bitcoin cash and bitcoin gold to bitcoin because both of them are altcoins therefor it wont be counted if you sum up them all including bitcoin though 100,000$ by 2021 is possible to reach but im not sure if it can go until 1million$?
member
Activity: 130
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November 23, 2017, 12:54:41 AM
#14
It's unpredictable .Everything coud be possible . The price would be between 0$ to 100k$ in the next 10 years depend on the how much investors will invest in Bitcoin.
sr. member
Activity: 1274
Merit: 263
November 23, 2017, 12:52:59 AM
#13
i do not really understand about the math properly so please enlight me about it all.
if you are talking about $100.000 i think we can understand it all because of its supply and the demand,
21 millions supply will be used by billions people,i believe we may be can see that point.
i assume it would be an asset that have a trillion market cap in the future if we're hitting $100.000
but how can you say we'll hit $1.000.000 in the next few days later on or 2027 ?
i just curious about how much is it $1.000.000 in our life ?
what i mean is who want to buy it that much ? and what is their goal buying it and pushing the price to that point ?
we are having 21.000.000 coins and if 1 coin cost around $1.000.000 how much it will be ?
full member
Activity: 588
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November 23, 2017, 12:20:27 AM
#12
Meh it's still a long journey for bitcoin to reach $1 million. I'm not even sure the price of bitcoin can reach $10,000 in the end of the year but we are going to that price. To be honest $1 million for each coin is too much and really expensive for a coin, of course i like it but it's impossible to happen.
full member
Activity: 210
Merit: 100
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November 23, 2017, 12:06:06 AM
#11
10 years is too short for $1 Million, and Government will not allow this. This would be a great phenomenon and every businessman will cry because of regret but for me , in my opinion This is not going to happen. $1 Million is too much though i am not judging Bitcoin that it cannot reach that price, we must still wait, let's touch 10$ first before speculating BTC1 = $1Million.
hero member
Activity: 3080
Merit: 603
November 23, 2017, 12:05:20 AM
#10
$1 million on 2027? For ten years everything can possibly happen and that's enough time to whatever we are hoping for. I'm not thinking it to be at that price, what's good to me is that I'm only thinking about $50,000 - $100,000 for the next ten years. I'm not going to predict that big amount if there is still no signs of seeing that. But if we are near to that rate then let's make it happen.
hero member
Activity: 938
Merit: 501
November 22, 2017, 11:09:13 PM
#9
Bitcoin can not go more higher than $50k, and you dont need to be 100% smart to understand that.
We are on a 250 billion marketcap, bitcoin only has 136 billions at the moment, and it is upto $8250 each bitcoin.

If you want to have a bitcoin who is worth over almost $50,000, then you need to have the marketcap of bitcoin over 816 billion dollars, and this is more than x6 of the actual price/marketcap.
It is almost impossible, but if there is more cooperation from the entire world, the whole people would start to put their funds into bitcoin, and this will make it possible to reach that price.
member
Activity: 350
Merit: 10
November 22, 2017, 09:35:10 PM
#8
Chart from 2014, when Bitcoin was $300, predicted price of $10k for today — Nov 22nd, 2017.  

We're at $8,200.  (If we add Bitcoin Cash and Gold prices, we'll get close to $10k).

Next milestone on chart: $100k in summer 2021.   And next: $1M in 2027.


It is always nice to look at those graphs but common sense dictates that is never going to happen, the price of bitcoin is not going to grow exponentially since there is not an infinite amount of money in the world, so we must take those kind of graphs and charts with a big dose of skepticism.
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