Topic: Bitcoin for $1 Million !!! In ten years? - page 14. (Read 2832 times)
Yeah it can be possible, but really takes time and depend also on us, for me $20k is enough for the price of bitcoin but ofcourse much better if it can be higher than that. A lot of people now are aiming for profit. But I am not really not thinking on it. As long as I still hold my bitcoin I won't need to think of that, maybe by next 5years, I could check on it if I really gain profit. Hopefully bitcoin price could really rise more in the future.
Honestly I don't think this will ever happen or that I'll ever think it will happen, no amount of graphs or technical analysis will convince me otherwise. It just seems like far too much to me. Even on the day it happens I'm not sure that I'll believe it.
Impossible in that short time! That is what i can say. It needs a huge capitalization. I think it would be at $50k ranges. I believe $1M bitcoin is insane and even if the price of bitcoin is unpredictable, in just a short period of time, I strongly believe Bitcoin will never reach that price in 10 years time. Though I would be glad if I am wrong in my point of view though.
All it requires is more buyers than sellers in sustained numbers. If those numbers looked like they were on the cards you can bet sellers would be even more reluctant to let go.
No matter how many people pile in, and there could easily be 50x more by then, they ain't making any more coins per day and there are no more in existence than there are already.
$1 million in current buying power is indeed pretty silly. Being in six figures by that point is attainable if everything holds together and improves.
One million per coin seems a bit too much to expect, but the total amount of money in the whole world is huge. If Bitcoin can replace some financial assets or become a completely new financial asset type, who knows what might happen.
Impossible in that short time! That is what i can say. It needs a huge capitalization. I think it would be at $50k ranges. I believe $1M bitcoin is insane and even if the price of bitcoin is unpredictable, in just a short period of time, I strongly believe Bitcoin will never reach that price in 10 years time. Though I would be glad if I am wrong in my point of view though.
Bitcoin is unpredictable but i can't imagine that the price could increase too high until 10 years .. 1 million usd for 1 btc is impossible to happen base on what i predict.
But since bitcoin is volatile there is possibility that the price of bitcoin can be increase more these following years.
Year by year so see the changes of the price and i think the price of bitcoin can be increase more because its in demand coin and more people are interested in bitcoin..
But since bitcoin is volatile there is possibility that the price of bitcoin can be increase more these following years.
Year by year so see the changes of the price and i think the price of bitcoin can be increase more because its in demand coin and more people are interested in bitcoin..
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.
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.
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