Topic: Bitcoin for $1 Million !!! In ten years? - page 2. (Read 2824 times)
I hope that would happen for real or even close to million dollars. Never knows when will it happen, no one can predict the price of bitcoin because it is decentralized and it's price is volatile. Keep holding your bitcoins we don't know when will it reach to million dollars
Although this prediction is too "CRAZY" (sorry I say that) 
. It seems, this could happen, if the number of buyers continues to increase than the users who sell it, then it can be ascertained that the amount of supply will decrease significantly. However the market remains the market, it will run on its own unpredictable and difficult to manipulate (except the whales) .
. It seems, this could happen, if the number of buyers continues to increase than the users who sell it, then it can be ascertained that the amount of supply will decrease significantly. However the market remains the market, it will run on its own unpredictable and difficult to manipulate (except the whales) . 
Iqbal Gandham, managing director at eToro, says that unscientific surveys conducted by eToro in the U.K. suggest that few investors that heard about bitcoin during its mainstream upsurge in 2017 actually invested in cryptos. “We had a lot of people talk the talk but very few people walked the walk,” Gandham said.
Many crypto bulls shares this rosy outlook, including Ethereum co-founder Charles Hoskinson via Twitter:
Many crypto bulls shares this rosy outlook, including Ethereum co-founder Charles Hoskinson via Twitter:
Alexis Ohanian, a co-founder of both Reddit and VC firm Initialized Capital, upheld his $20,000 Bitcoin (BTC) and $1,500 Ethereum (ETH) forecasts for 2018 in an interview with CNBC on July 24.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
We recently mined the 17 millionth bitcoin, leaving only four million left.
so this will push the difficulty to increase and the price can be too expensive from the next year. but still, there will be any other correction price that will happen in anytime. like what we see today, the bitcoin price is making another correction price again and still stays at $7540 and the percentage in the market is -7.3%. I wonder what will happen in this week as we see another high price in the last week. and if the price still getting down, maybe the altcoin will get down too.
I think bitcoin can go that far. I really believe in it !
We recently mined the 17 millionth bitcoin, leaving only four million left.
The bitcoin hash rate has continued to grow at an astonishing pace despite the selloff, suggesting miners are still very bullish on future prices.
Bitcoin miners believe bitcoin will jump in the near future. The reasoning comes down to increased regulation around the world and a positive 50-day moving average.
-FORBES
-FORBES
Again, if they really want it they will find a way, just look at what they did to gold, at first fiat was completely backed by gold and then the government began printing more money than the gold they had in stock since at the time the dollar was defined by a weight on gold, in fact the word dollar was a form of weight for gold similar to pounds or kilograms, but they circumvented this by printing more fiat, it is possible that in the future governments get bitcoin and back their fiat with it and then they print more fiat than the bitcoin they have in store.
Bitcoin is completely decentralized, and gold is not, as historically governments keep a lot of gold in reserves, and they can manipulate it somehow. Nevetheless gold price has risen last decades because of printing money. If governments decide to manipulate bitcoin, they will first need to buy it at a significant volume - wich will cause a huge rise in it's price. Not an easy task for them 
I'm sure the governments will find a way around the limitation of the number of coins in bitcoin if they really want it.
Final number of bitcoins is limited to 21 mlb coins, and if the govenments will decide to brake this rule, they will need to breake bitcoin protocol, wich was not possible possible so far. There are also estimations that 25% of bitcoins have been lost for good.
Writing on Twitter, Mark Yusko, the founder of North Carolina-based Morgan Creek Capital Management, said that he is sticking by his year-end price target of $25,000. Yusko originally made this prediction in April, adding that he expects bitcoin to march to $75,000 by 2020, $200,000 by 2022, and ultimately eclipse $500,000 by the end of 2024.
Hedge fund manager Mark Yusko said bitcoin could hit $500,000 per coin by 2024.
Last October, Yusko predicted that the bitcoin price could one day reach $1 million per coin, though he said that he did not expect BTC to hit this milestone for at least a decade.
Yusko believes bitcoin will see such incredible growth because of the network effect, a theory that a communications network becomes more valuable as it on boards more users.
Commenting on bitcoin’s recent price movements, Yusko said that daily fluctuations are “just noise” because “all that matters is securing ownership of the [Bitcoin] Network.”
-CCN
Last October, Yusko predicted that the bitcoin price could one day reach $1 million per coin, though he said that he did not expect BTC to hit this milestone for at least a decade.
Yusko believes bitcoin will see such incredible growth because of the network effect, a theory that a communications network becomes more valuable as it on boards more users.
Commenting on bitcoin’s recent price movements, Yusko said that daily fluctuations are “just noise” because “all that matters is securing ownership of the [Bitcoin] Network.”
-CCN
I'm sure the governments will find a way around the limitation of the number of coins in bitcoin if they really want it.
Final number of bitcoins is limited to 21 mlb coins, and if the govenments will decide to brake this rule, they will need to breake bitcoin protocol, wich was not possible possible so far. There are also estimations that 25% of bitcoins have been lost for good.
In my own opinion, even government will broke the rule, bitcoins will still continue to grow because people can always invest in the market if they are interested on cryptocurrency.
Bitcoin price will increase but 1 Million is the too much high amount which we don't have any clue. Of course, many people seeing how potential the Bitcoin is going to be but 1 Million too much high amount it will take nearly more than 10 years to reach that value.
Two analysts believe bitcoin's recent spike comes from an increase in trading volume in Asia. Mati Greenspan of eToro and Clem Chambers of ADVFN argue that the trade standoff between the United States and China has turned investors to bitcoin. As the standoff threatens the value of Chinese and American currencies, Asian trades - especially in Japan and Korea - have increased investment in bitcoin as a hedge.
Yeah even the investor understand the valid points of why bitcoin has a value, yet so many people here keep talking about how bitcoin can go down or can go up and how they can make money from it and so forth. We need to stop caring about what bitcoin price will be and start considering what bitcoin stands for, in return bitcoin will become stronger and its value will get higher. We can't chase the money, money will lead us to where it already belongs in today's finance world, we need to follow ideas, that will take us to the promised land.I think $1 Million for 1 Bitcoin is too much but anything can be possible when we are talking about bitcoin.
Some 2 to 4 years back people were talking about $10k for one bitcoin is too much and impractical but now we are having prices around that. As per my research and analysis, bitcoin may have one million dollar value in next 2 to 3 years of time.
I think $1 Million for 1 Bitcoin is too much but anything can be possible when we are talking about bitcoin. Bitcoin is a digital currency and it's very early to predict it's price for long term because there are many altcoins and bitcoin might loose it's position but speculations can be made and I don't recommend anyone to believe in these.
I'm sure the governments will find a way around the limitation of the number of coins in bitcoin if they really want it.
Final number of bitcoins is limited to 21 mlb coins, and if the govenments will decide to brake this rule, they will need to breake bitcoin protocol, wich was not possible possible so far. There are also estimations that 25% of bitcoins have been lost for good.
In my own opinion, even government will broke the rule, bitcoins will still continue to grow because people can always invest in the market if they are interested on cryptocurrency.
Can happened because 10 years is a long time and everything can change but it's impossible $1000000 for 1bitcoin to reach that much and in one market.
$1,000,000 for 1 bitcoin is impossible to reach. Because bitcoin is possible to hit highest pricr only 100k dollars
Do you think that skilled IT persons like MsAffee are wrong because they are engaged in the crypto, and thus are seeking their own profit when saying about $1M price? 
$1,000,000 for 1 bitcoin is impossible to reach. Because bitcoin is possible to hit highest pricr only 100k dollars and the percent happen that is very low and 1 million there's no 1 percent to happen. Even the supply of the bitcoin already bought they did not happen.
Jump to: