BTC > 1M ? - page 2. | Bitcointalksearch.org

CarnagexD

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Quote from: CryptoOx on April 22, 2023, 09:11:19 AM

Bitcoin to 1 Million is it really possible?

1 million what? Stones? USD? EUR? The value will always be dependent to it's correlation of another asset be it fiat or metal such as Gold. But the sky is the limit. There is a possibility that it can surpass 1M usd but it is also one in a million probability. Objectively speaking, 1M of value would be an overprice. No one will be willing to do such a transaction of person to person unless the supply is very low.

There's no wrong on that question. But having a more realistic insight will give you better information with dealing with future price action in crypto.

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Quote from: kawetsriyanto on June 22, 2023, 01:44:22 AM

Quote from: Pejoh Asu on June 21, 2023, 11:05:22 PM

I think $1 million is a thing that will happen, many analysts believe $1 million will happen in 2 halving days i.e. 2024 and 2028, and I think it's normal that in a maximum of 10 years the price can reach $1 million, this is because of the number of active bitcoin users around the world continues to increase.

It is not impossible since Bitcoin value is always increasing from one halving to another halving. But no one knows on which halving the Bitcoin price can reach $1 million. Although there are some analysts who state that $1 million can be achieved in the next 2 halvings, I think it is purely speculation only. No guarantee for $1 million in 2028 or 2029, even Satoshi can't guarantee it. Sure, the number of people who are involved in Bitcoin keeps increasing, but it is not the only factor to trigger Bitcoin value to grow significantly. If there is much bad news in the future, the price growth can be a bit slow or even free fall. Moreover, we must have bearish seasons in the future, it is the time when Bitcoin price tends to drop.

It may or may not happen.
Historically, bitcoin has always risen and reached ATH after the halving, but there is no guarantee and certainty that that will continue to be maintained in the future, everything can change. I even doubt if bitcoin can hit a new ATH during this halving, so making a prediction for 2030 is an impossible task. Because this is a financial market and everyone expects the price to rise after the halving, who will buy bitcoin at a higher price when we sell?
Instead of thinking about when bitcoin hits 1 million, I'm more interested in when bitcoin hits a 6-digit.

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Quote from: kawetsriyanto on June 22, 2023, 01:44:22 AM

Quote from: Pejoh Asu on June 21, 2023, 11:05:22 PM

I think $1 million is a thing that will happen, many analysts believe $1 million will happen in 2 halving days i.e. 2024 and 2028, and I think it's normal that in a maximum of 10 years the price can reach $1 million, this is because of the number of active bitcoin users around the world continues to increase.

It is not impossible since Bitcoin value is always increasing from one halving to another halving. But no one knows on which halving the Bitcoin price can reach $1 million. Although there are some analysts who state that $1 million can be achieved in the next 2 halvings, I think it is purely speculation only. No guarantee for $1 million in 2028 or 2029, even Satoshi can't guarantee it. Sure, the number of people who are involved in Bitcoin keeps increasing, but it is not the only factor to trigger Bitcoin value to grow significantly. If there is much bad news in the future, the price growth can be a bit slow or even free fall. Moreover, we must have bearish seasons in the future, it is the time when Bitcoin price tends to drop.

I think "speculation" part comes from the fact that it has gone up nearly x10 from bottom to top each time it had a halving, and that's at least, a lot more usually. The last bottom we had was near 15k level, so the top could very well be 150k give or take, could be a bit lower or higher we really don't know and that's just one halving, with the other halving we could "maybe" reach a million depend on what the bottom will be.

I think halving is a good place to start, because with that, it should be doing fine, it wouldn't really be that bad to reach. That would mean next year there is one, and then 4 years after that another and 4 years after that the third one, so it's about 9 years, give a year for the benefit, so it's 10 years. That means we could be x40 higher in 10 years. Can't see anything else profiting me that much.

peter0425

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Quote from: CryptoOx on April 22, 2023, 09:11:19 AM

Bitcoin to 1 Million is it really possible?

Mark this date mate , and count at least another 10 years and then update us for what you can see in the market .
because in the next coming years we might see the 6 digits breaking meaning it wont take long before the price finally hit that 7 digits or 6 zeros value in it.

yohananaomi

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Quote from: Pejoh Asu on June 21, 2023, 11:05:22 PM

I think $1 million is a thing that will happen, many analysts believe $1 million will happen in 2 halving days i.e. 2024 and 2028, and I think it's normal that in a maximum of 10 years the price can reach $1 million, this is because of the number of active bitcoin users around the world continues to increase.

a reasonable prediction that it will indeed occur several times the previous ATH, which has indeed been done by bitcoin so far. but it looks like getting to $1M might not be as fast as expected, because it might not be the maximum value. it is possible to achieve it, I think there will be several halving periods and I might predict it will occur in 2035. Hopefully, in the future ATH [2025] it will be able to reach the maximum value so that $1M can be easily obtained, remember to keep buying and holding it so you can also feel from this improvement.

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Quote from: Minecache on June 20, 2023, 10:48:29 AM

Quote from: kapalmabur on June 18, 2023, 06:25:49 AM

Quote from: Minecache on June 18, 2023, 06:16:01 AM

Quote from: kapalmabur on June 16, 2023, 12:38:01 PM

I'm sure Q3 Bitcoin will go to $ 50k first before another correction,

What evidence do you have to confirm or prove what you say? As we all know, predicting the future is impossible and especially for a volatile asset like bitcoin.

Quote from: kapalmabur on June 16, 2023, 12:38:01 PM

and 2024 will probably be to $ 65k after that 2025 Bitcoin will be more than $ 150k, hopefully it will happen.

If those are all your hopes and expectations, be optimistic and believe in your goals. But don't claim anything if you don't have proof or are talking about the future.

yes, I don't claim it but I'm optimistic about it, look at this time good news one by one appears and that's good,
moreover the price of Bitcoin also rebounded from $ 25k to $ 26k, even though it went up $ 1000 I think that's a good start.

I like people who are optimistic in investing. But we also need to be realistic, not too dreamy, because that won't make us any better. Sometimes we put our hopes up too much, and if it doesn't go as we expected, we despair, and that's not good.

Bitcoin price rising and falling $1k or $3k is normal and can be said to happen daily. That is not a positive signal that the market will recover soon. Again, I just want to say, we should be realistic and always have a backup plan because the market is unpredictable. Don't be too pessimistic but also don't be overly optimistic, always face what is happening.

This is what people should really be thinking up on which they shouldnt really be that way too optimistic on prices on which it do really comes into a point on which reaching out with those unrealistic numbers.

It would be rather better if you do just simply go with the flow and be wary and cautious if you are really that able to enter on market prices whether high or low. Profitability would really be varying on how you do act
fast whether you do sell or accumulate. Each of us does have different approach on how this market moves on which it would really be just that normal that sometimes when emotions do kicks in then it is
one of the factors that would really be giving out that kind of different insight towards the price and sometimes we do really go into those unrealistic points which it cant really be avoided sometimes.
Better to mind off on how we would gonna break its previous ATH of 69k... Having that 100k target is something more realistic that 1M.

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Quote from: Pejoh Asu on June 21, 2023, 11:05:22 PM

I think $1 million is a thing that will happen, many analysts believe $1 million will happen in 2 halving days i.e. 2024 and 2028, and I think it's normal that in a maximum of 10 years the price can reach $1 million, this is because of the number of active bitcoin users around the world continues to increase.

It is not impossible since Bitcoin value is always increasing from one halving to another halving. But no one knows on which halving the Bitcoin price can reach $1 million. Although there are some analysts who state that $1 million can be achieved in the next 2 halvings, I think it is purely speculation only. No guarantee for $1 million in 2028 or 2029, even Satoshi can't guarantee it. Sure, the number of people who are involved in Bitcoin keeps increasing, but it is not the only factor to trigger Bitcoin value to grow significantly. If there is much bad news in the future, the price growth can be a bit slow or even free fall. Moreover, we must have bearish seasons in the future, it is the time when Bitcoin price tends to drop.

Pejoh Asu

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I think $1 million is a thing that will happen, many analysts believe $1 million will happen in 2 halving days i.e. 2024 and 2028, and I think it's normal that in a maximum of 10 years the price can reach $1 million, this is because of the number of active bitcoin users around the world continues to increase.

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Quote from: kapalmabur on June 18, 2023, 06:25:49 AM

Quote from: Minecache on June 18, 2023, 06:16:01 AM

Quote from: kapalmabur on June 16, 2023, 12:38:01 PM

I'm sure Q3 Bitcoin will go to $ 50k first before another correction,

What evidence do you have to confirm or prove what you say? As we all know, predicting the future is impossible and especially for a volatile asset like bitcoin.

Quote from: kapalmabur on June 16, 2023, 12:38:01 PM

and 2024 will probably be to $ 65k after that 2025 Bitcoin will be more than $ 150k, hopefully it will happen.

If those are all your hopes and expectations, be optimistic and believe in your goals. But don't claim anything if you don't have proof or are talking about the future.

yes, I don't claim it but I'm optimistic about it, look at this time good news one by one appears and that's good,
moreover the price of Bitcoin also rebounded from $ 25k to $ 26k, even though it went up $ 1000 I think that's a good start.

I like people who are optimistic in investing. But we also need to be realistic, not too dreamy, because that won't make us any better. Sometimes we put our hopes up too much, and if it doesn't go as we expected, we despair, and that's not good.

Bitcoin price rising and falling $1k or $3k is normal and can be said to happen daily. That is not a positive signal that the market will recover soon. Again, I just want to say, we should be realistic and always have a backup plan because the market is unpredictable. Don't be too pessimistic but also don't be overly optimistic, always face what is happening.

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Quote from: Mario Yamasaki on June 20, 2023, 02:11:42 AM

The increasing number of bitcoin users makes hope to reach $ 1 million is realistic, I'm sure before 2033 or 10 years the price has reached $ 1 million and the best we do now is to continue to buy, and focus on long -term hold is the best option to become a rich person because of Bitcoin.

I don't know if it will happen or not, but if you are sure it will, then I disagree with you on that. even bitcoin price prediction for tomorrow, no one can predict, let alone predict bitcoin price in the next 10 years. bitcoin will rise and will be higher than the current price, but no one knows how much it will rise, and everything has its limit, bitcoin is no exception. 1 million dollars is really a big number, and I never dared to think about it, what I am expecting is bitcoin will reach 100k.

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Quote from: YUriy1991 on June 20, 2023, 03:39:22 AM

Maybe yes maybe no. The price of BTC can go up or down quickly, so it's very difficult to predict with certainty. There are those who say Bitcoin can break through more than 1 million dollars in the future like you said, but there are also those who are skeptical. Many factors influence it, but in current developments, many financial institutions are participating in using Bitcoin to protect money from inflation. So basically we can't predict with certainty whether the price will reach 1 million or not.

Well, no one can predict what will happen in the future, but if we are based on what history has shown us and what is happening, then why can't bitcoin hit $1 million? 10 years ago, nobody thought bitcoin could hit $100, and nobody thought bitcoin could hit $10k and then $69k. In the end, everything that we all don't believe will happen, but does, so if you have enough faith in bitcoin, there's no reason not to believe bitcoin can't. As an investor in bitcoin, we should be optimistic and believe in it.

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Quote from: CryptoOx on April 22, 2023, 09:11:19 AM

Bitcoin to 1 Million is it really possible?

If Bitcoin could go from less than $1 a decade ago to over $68k in 2022, I don't see why it can't go to $1 million too. Bitcoin is more likely to hit >$120k this coming bull rally that's expected to get to its crescendo in 2025. From the way Bitcoin is toppling its ATHs to set new records every circle, $1 million is highly feasible; only that we don't know when that will be. Expect there's an apocalyptic disruption, Bitcoin will get there. Those who calculate market cap at $1 million per BTC to doubt this, should ask themselves if they ever thought Bitcoin could get to $1k a decade ago.

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Maybe yes maybe no. The price of BTC can go up or down quickly, so it's very difficult to predict with certainty. There are those who say Bitcoin can break through more than 1 million dollars in the future like you said, but there are also those who are skeptical. Many factors influence it, but in current developments, many financial institutions are participating in using Bitcoin to protect money from inflation. So basically we can't predict with certainty whether the price will reach 1 million or not.

Mario Yamasaki

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The increasing number of bitcoin users makes hope to reach $ 1 million is realistic, I'm sure before 2033 or 10 years the price has reached $ 1 million and the best we do now is to continue to buy, and focus on long -term hold is the best option to become a rich person because of Bitcoin.

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Quote from: TheGreatPython on June 19, 2023, 09:49:23 PM

Quote from: kapalmabur on June 16, 2023, 12:38:01 PM

Quote from: OgNasty on June 16, 2023, 08:46:45 AM

Now that the big guys like Blackrock are moving into the space, a massive jump in price seems almost inevitable. If their ETF gets approved it will be a situation of the higher Bitcoin’s price goes the more money they’ll be able to take in on fees, which will act as a feedback loop as they accumulate everything they can buy using their own investor’s money.

This good news is really surprising and it's true that June will be bullish especially,
I'm sure Q3 Bitcoin will go to $ 50k first before another correction,
and 2024 will probably be to $ 65k after that 2025 Bitcoin will be more than $ 150k, hopefully it will happen.

We need to make assumptions based on the history of the market and also the current events in the mainstream world, do you really think with all the FUD, fear, panic selling, and bad news circulating all around the month of June can be bullish? There is only a week and a few days left and I don't see any signs of that, instead, the price keeps falling because we don't have a lot of positive things going on around cryptocurrency world lately.

So we are not about to see that happen anytime soon, we need to first get out of all these FUDs and bad news and exchanges getting sued, after that, we might see some positive price action going on, otherwise, it will only be like this for the whole year I'm afraid.

Anything is possible, and bitcoin always brings us many surprises. Although when looking at the market, the negative news is still in the market, so thinking of a rally is not feasible but if you check the market today, bitcoin is back at $27k. 10 days to the end of June, and it's hard to say what will happen, I can't be sure bitcoin will rise in the remaining days, but you also have no evidence that it will continue to fall in the days next.
To be honest, I find investing in bitcoin very interesting because of its unpredictable volatility, when we predict it to fall, it will increase, and vice versa.

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Quote from: yhiaali3 on June 15, 2023, 11:12:09 PM

Quote from: kotajikikox on June 15, 2023, 07:56:26 PM

but what people keeps looking is about the value of bitcoin against dollar and not what it is truly with for the future.

It is not necessary for us to search for the value of Bitcoin against the dollar. I expect that during the next two decades, the dominance of the dollar will end, perhaps in favor of the BRICS currency, the yuan, the euro, or any other currency, but it does not necessarily have to be the dollar.

but that is what mostly does mate and until now they are showing stupidity about valuing bitcoin against dollar and not the true value and meaning of cryptocurrency.
bitcoin should be for future and not as bread and butter for some losers in life.

Quote

Also, the value of bitcoin against the dollar or other fiat is not important. What is important is the purchasing value of bitcoin at that time, because if inflation continues at the rate at which it is going, the purchasing power of the dollar will drop dramatically in the near future.

I hope that at that time Bitcoin becomes the dominant currency linked to the world economy instead of the dollar.

actually for some it is important as they are not actually use bitcoin for purchasing but they are doing this just to invest and take the value after hyping .

TheGreatPython

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Quote from: kapalmabur on June 16, 2023, 12:38:01 PM

Quote from: OgNasty on June 16, 2023, 08:46:45 AM

Now that the big guys like Blackrock are moving into the space, a massive jump in price seems almost inevitable. If their ETF gets approved it will be a situation of the higher Bitcoin’s price goes the more money they’ll be able to take in on fees, which will act as a feedback loop as they accumulate everything they can buy using their own investor’s money.

This good news is really surprising and it's true that June will be bullish especially,
I'm sure Q3 Bitcoin will go to $ 50k first before another correction,
and 2024 will probably be to $ 65k after that 2025 Bitcoin will be more than $ 150k, hopefully it will happen.

We need to make assumptions based on the history of the market and also the current events in the mainstream world, do you really think with all the FUD, fear, panic selling, and bad news circulating all around the month of June can be bullish? There is only a week and a few days left and I don't see any signs of that, instead, the price keeps falling because we don't have a lot of positive things going on around cryptocurrency world lately.

So we are not about to see that happen anytime soon, we need to first get out of all these FUDs and bad news and exchanges getting sued, after that, we might see some positive price action going on, otherwise, it will only be like this for the whole year I'm afraid.

STT

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When they degraded the Ruble in the late 90's the conversion factor was 10,000 to 1 from old to new. So in that respect, yes 1 million and anything is possible but its hardly the nice answer you want to hear. We will see gains just from the losses in ratio of weaker currencies, ask someone from Venezuela whats its like and the higher prices may not be the dream you wanted but a nightmare of chaos. Governments make mistake, its not a new thing.

GeorgeJohn

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Quote from: CryptoOx on April 22, 2023, 09:11:19 AM

Bitcoin to 1 Million is it really possible?

Nobody can underrate and underestimate bitcoin acceleration in price, because its very obvious that bitcoin price always flows to a point that marvels or astonish investors, secondly bitcoin is a technology that nobody can predict accurately its regulation and rotation in market, so therefore we have to believe in everything that come across of bitcoin increment and bitcoin decrement in price, we have to knothat the technology of bitcoin can make bitcoin to reach to unexpected points of bitcoin.

Balmain

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There is no such thing as impossible if we look at the current price since Bitcoin first came out. At that time, when you asked if it was 50 thousand dollars, it was even more impossible. Now there is a bitcoin that has proven itself for how many years. While fiat currencies are not protecting their value, I am getting more and more warm towards bitcoin, because the correct store of value and technology will replace what is missing, so everything is possible in bitcoin, but it takes time.

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