Bitcoin goal million dollars - page 2.

DreamStage

sr. member

Activity: 625

Merit: 258

You can only speculate about it right... Roll Eyes

I do believe such price can be achieved but only maybe in 10 years or more if more than half of earths population starts using it on a regular basis daily life situation.

I wonder what could happen if all countries would adopt it.
In that case we would have a major implication at payment methods as a main currency to have (obligated?) therefore more people would buy it reaching that threshold.

Astvile

sr. member

Activity: 1484

Merit: 276

Quote from: babooz on December 27, 2019, 02:51:57 PM

I spend a lot of my time observing the market even though I do not have much bitcoin, and I am very confident that it will penetrate a million dollars in the coming years.

Maybe 50 years from now haha. $1m per bitcoin is still a dream we can say right now looking at how things and prices are going in bitcoin but I think we can come up to that price but will really take a seriously long time we are talking about more than 50 years for sure.

oxgroth

member

Activity: 143

Merit: 10

Quote from: Mr. Spasybo on December 27, 2019, 03:27:44 PM

The price of 1 BTC=$1M is McAfee's expectation and prediction, but I think it is impossible by the end of 2020. Even if BTC can reach $20k by the end of 2020, it is a success. It's too big for the whole market.

McAfee just want to create a bit hype with this prediction. I dont think that we will see 1 millions for btc ever

drlukacs

sr. member

Activity: 854

Merit: 253

l0tt0.com

Quote from: babooz on December 27, 2019, 02:51:57 PM

I spend a lot of my time observing the market even though I do not have much bitcoin, and I am very confident that it will penetrate a million dollars in the coming years.

Why do you have that thought? I have yet to see any sign that Bitcoin's price has risen to $ 1 million. The dot-com bubble has caused the capitalization of large corporations like Amazon, Microsoft, and Google to grow very strongly, about 9 years after the dot-com bubble burst. That's how businesses bring services to society and it has real value. So what is bitcoin besides human psychology? Do you ever think its value is high because people fomo it for a long time? Think about this carefully and you will immediately quit thinking about $ 1 million or $ 10 million in the future. Wink

riom

newbie

Activity: 13

Merit: 2

Patience BTCrother, real audience incoming. 2015 looked small compared to 2017. Future will be huge.

Love on you.

47

bitvalak

sr. member

Activity: 868

Merit: 267

SecureShift.io | Crypto-Exchange

Prices can reach millions of dollars if bitcoin has been mined. As long as it's still not being mined I think the price will only remain that range.
Once bitcoin is depleted mined it will be very difficult to get 0.5 bitcoin and therefore prices will skyrocket when demand is large and the amount of bitcoin is limited.

iamaruf

sr. member

Activity: 1064

Merit: 265

Vave.com - Crypto Casino

Million dollars huge for now,I think It's a dream now.Maybe in future it will be. But hoping million dollar with 1 or 2years is really dream.I am not bitcoin hater,I am bitcoin lover and holder (low amount).but Thinking million dollars in short time is not right.

CryptoBry

sr. member

Activity: 1008

Merit: 355

Quote from: Mr. Spasybo on December 27, 2019, 03:27:44 PM

The price of 1 BTC=$1M is McAfee's expectation and prediction, but I think it is impossible by the end of 2020. Even if BTC can reach $20k by the end of 2020, it is a success. It's too big for the whole market.

The McAfee million prediction is very much off the chart and though it can be possible that indeed BTC can be a million dollar digital asset maybe it can really be taking decades before it can hit that high. There are now so many factors at play that prevents BTC from jumping and pumping non-stop. We are talking here of regulations, lack of extreme speculations (akin to 2017), lack of massive adoption (resulting into many questioning the use-cases of BTC itself) and many small things all contributing to the current price of BTC. I would be so happy if this year BTC can be able to go back to the $20K level.

Oneandpure

sr. member

Activity: 2100

Merit: 309

What for prediction about bitcoin price will go on million dollar coming next several years later, its really impossible for bitcoin have higher price right now because bitcoin always have fight from many countries dislike bitcoin become legal currency and investment assets, they will try thousand ways how to make bitcoin become hate by many investors.

Rodeo02

hero member

Activity: 1302

Merit: 577

avatar and signature space for rent !!!

Quote from: babooz on December 27, 2019, 02:51:57 PM

I spend a lot of my time observing the market even though I do not have much bitcoin, and I am very confident that it will penetrate a million dollars in the coming years.

million dollars? I dont think it will happen , take a look if this things happen how much will be the transaction fee for everytime you will transfer bitcoin , 100$ ? Do you think someone want to hold a coin and pay 100 dollar for just fees.even small or large transactiob you need to pay for fees.

FlightyPouch

sr. member

Activity: 1638

Merit: 300

Might happen, we don't know. But in my opinion, it might not even hit a hundred thousand. As time progresses, the price is falling down. It is not that I am saying that it will die soon but what I am saying is that it might not reach the ATH in the near future. It might stay continuously low.

southafricadude

member

Activity: 141

Merit: 19

If you are so confident, you best start getting as much as possible ASAP. A 100x increase in price is a good incentive

Chlotide

full member

Activity: 305

Merit: 106

Bitcoin's goal is mainstream adoption not reaching $1M. Not just a trading pair...WTF

MURONDI

sr. member

Activity: 812

Merit: 257

Nothing is impossible, I used to doubt that bitcoin would reach 10K, but the fact is bitcoin is able to pass it easily, by the way what makes you believe that bitcoin can reach 1 million, give me a logical reason, because 1 million in my opinion is too high.

jossiel

hero member

Activity: 3150

Merit: 636

DGbet.fun - Crypto Sportsbook

And what's your analysis behind that? we can easily say as enthusiasts that bitcoin will reach that height but we're living in the reality of this world. We have heard McAfee before and told that it's about $500,000 base on his numbers but sudden changed into $1,000,000.

Did you took his analysis and believed that it's possible? I'm not trying to be skeptic on this part and I would definitely love to see bitcoin hit $1,000,000 but if that happens, do you think that you still hold it or probably sold it when it goes $100,000 or at half?

moviebuff777

sr. member

Activity: 378

Merit: 250

CryptoTalk.Org - Get Paid for every Post!

Because Bitcoin is deflationary, it makes since that compared to a inflationary fiat currency, it should always increase in value.

The second thing that probably will happen is that the scarcity of Bitcoin will also make the value increase as demand increases.

These 2 factors mean that it should gain value over time with no limit to the value, so theoretically it should eventually reach $1M.

Shakreen

member

Activity: 80

Merit: 24

Quote from: babooz on December 27, 2019, 02:51:57 PM

I spend a lot of my time observing the market even though I do not have much bitcoin, and I am very confident that it will penetrate a million dollars in the coming years.

1 million dollars? everything can happen considering the development of bitcoin is very rapid but if possible don't expect to reach 1 million dollars.
It takes a very long time to arrive at that price but everything can still happen.....
The bitcoin market is very fluctuating
Let's hope for the best for bitcoin

koinsever

hero member

Activity: 882

Merit: 524

For Rent

Quote from: Mr. Spasybo on December 27, 2019, 03:27:44 PM

The price of 1 BTC=$1M is McAfee's expectation and prediction, but I think it is impossible by the end of 2020. Even if BTC can reach $20k by the end of 2020, it is a success. It's too big for the whole market.

from that prediction my goal is $1M also. i ll be retired after that touch. and 1 satoshi equal 1 cent. its the deepest place to $ go.

Mr. Spasybo

newbie

Activity: 140

Merit: 0

The price of 1 BTC=$1M is McAfee's expectation and prediction, but I think it is impossible by the end of 2020. Even if BTC can reach $20k by the end of 2020, it is a success. It's too big for the whole market.

babooz

newbie

Activity: 16

Merit: 4

I spend a lot of my time observing the market even though I do not have much bitcoin, and I am very confident that it will penetrate a million dollars in the coming years.

Topic: Bitcoin goal million dollars - page 2. (Read 306 times)