Can BTC rise to 1 million US dollars?

mia_houston

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Quote from: Te qution on November 02, 2021, 04:53:22 AM

BTC has entered the second 4-year halving cycle and will rise to 1 million U.S. dollarsin the next 15 years. What do you think? Friends are welcome to discuss together.

The development of the price of Bitcoin from year to year in my opinion is getting better and continues to increase in price and even from 2020 to 2021 the increase in the price of bitcoin has been more than 230%, and even this year bitcoin has managed to reach a record high price of all time, considering the increasing number of adoptions bitcoin conducted in various countries is certainly not possible if the price of bitcoin can penetrate the price of $ 1 million dollars in the next few years, because indeed the development of increasingly advanced financial technology and the limited number of bitcoins will trigger a high price increase later.

darkangelosme

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Quote from: bengsabeng on December 03, 2021, 06:25:11 PM

Quote from: asrinur on December 03, 2021, 05:24:45 AM

In my opinion, it is very difficult to predict the price of bitcoin in the next 15 years at such a high level because it is a very long time because bitcoin price movements are very volatile. if we look at over the last nine years the price of bitcoin has not always gone up and has even fallen very deeply.

yes, that's right, bitcoin price movements are very volatile but in fact the current bitcoin price is much more expensive than the bitcoin price 9 years ago. in other words even though sometimes the price of bitcoin drops quite deep but in fact the longer the bitcoin price the more expensive the price. Currently 1 million USD sounds very impossible but it is possible in the next 15 years 1 million USD can be achieved.

Not so impossible dude i think Bitcoin will hit 1 million dollar in the spand of 5 to 10 years, cause watch the market Bitcoin is rising year by year it is already sure for Bitcoin that will hit 1 million dollar someday what we need to do is just wait for the time to happen that.

bengsabeng

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Quote from: asrinur on December 03, 2021, 05:24:45 AM

In my opinion, it is very difficult to predict the price of bitcoin in the next 15 years at such a high level because it is a very long time because bitcoin price movements are very volatile. if we look at over the last nine years the price of bitcoin has not always gone up and has even fallen very deeply.

yes, that's right, bitcoin price movements are very volatile but in fact the current bitcoin price is much more expensive than the bitcoin price 9 years ago. in other words even though sometimes the price of bitcoin drops quite deep but in fact the longer the bitcoin price the more expensive the price. Currently 1 million USD sounds very impossible but it is possible in the next 15 years 1 million USD can be achieved.

Oasisman

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Quote from: XCANA on December 03, 2021, 11:03:13 AM

Quote from: Te qution on November 02, 2021, 04:53:22 AM

BTC has entered the second 4-year halving cycle and will rise to 1 million U.S. dollarsin the next 15 years. What do you think? Friends are welcome to discuss together.

It is unlikely to happen even in the next 20 years to come and one can predict such price since Bitcoin is not the only crypto currency in the world and if that should happen it then mean one Satoshi should be equal to a dollar which I believe is unlikely to happen.

A lot of things to consider before this happens actually. One of the main thing to consider is the inflation rate of the dollars. If $1 let's you buy the things that cost the lowest price in the market today then I can say $1m is a possible Bitcoin price in the future.
But thinking about 1 sat is equal to $1 with the current currency valuation seems mind blowing and unrealistic.

RealMalatesta

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Quote from: ultrloa on December 02, 2021, 05:34:10 PM

its good to think that far but I think its little much not possible since we also need to think the pump and dumps happening also we also need to consider the heavy bear market season since it exist so it possibly hit the market in future to, that's why my prediction is $300k since this is much realistic guess. But I do hope all of the prediction given will came true since for sure all of us will earn if that price show in future.

I assume that 300k in 15 years is a very realistic approach but that is "too" realistic if you ask me. It is obvious that we are not going to have something that little in 15 years, I believe that 1+ million dollars is a lot more possible that in that much time. Bitcoin is a long term profit maker and in 15 years we are going to be easily making 20x profit, even less than that required for 1 million dollars. This is why I believe that 300k is only x6 and for something as long as 6x I do not think that it would be that low.

I am not saying that 300k is low, it would be awesome if we reached even 70k right now so I am not diminishing the value of 300k, all I am saying is that it is low compared to 15 years given, otherwise it is still a quite big amount for bitcoin for sure. Hopefully we will see 300k, 500k, 1+ million and much more in the future.

XCANA

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Quote from: Te qution on November 02, 2021, 04:53:22 AM

BTC has entered the second 4-year halving cycle and will rise to 1 million U.S. dollarsin the next 15 years. What do you think? Friends are welcome to discuss together.

It is unlikely to happen even in the next 20 years to come and one can predict such price since Bitcoin is not the only crypto currency in the world and if that should happen it then mean one Satoshi should be equal to a dollar which I believe is unlikely to happen.

asrinur

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In my opinion, it is very difficult to predict the price of bitcoin in the next 15 years at such a high level because it is a very long time because bitcoin price movements are very volatile. if we look at over the last nine years the price of bitcoin has not always gone up and has even fallen very deeply.

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Quote from: arufox on December 02, 2021, 02:56:42 PM

Quote from: ?? on ??

Quote from: arufox on November 20, 2021, 12:57:13 AM

It's hard to say if bitcoin's price will hit $1 million in the next 15 years because that's a very long time. Moreover, no one knows for sure what the fate of bitcoin in the future will be whether it will still exist or not. Moreover, many experts think that in the next 10 to 20 years Bitcoin has a bright prospect where its price will reach $300k to $500k. There are also those who think that the price of bitcoin will fall in the future.

However, if the prediction is used for a long time, it will never get maximum results, today many coins are starting to be launched, even who can guess that in the future there will be other coins that are more valuable than bitcoin, anything can happen in the crypto world. , this prediction cannot be used as a reference to find out the value and price of bitcoin in the next 15 years, it is too long to predict bitcoin.

It is indeed difficult to accurately predict how much Bitcoin will cost in the next 15 years. but if we look at the market momentum so far where the price of bitcoin continues to set new ATH records. If this momentum continues in the next few years, it is very likely that the bitcoin price will reach $500k.

Well its good to think that far but I think its little much not possible since we also need to think the pump and dumps happening also we also need to consider the heavy bear market season since it exist so it possibly hit the market in future to, that's why my prediction is $300k since this is much realistic guess. But I do hope all of the prediction given will came true since for sure all of us will earn if that price show in future.

Oilacris

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Quote from: wheelz1200 on December 02, 2021, 03:15:56 PM

Quote from: Te qution on November 02, 2021, 04:53:22 AM

BTC has entered the second 4-year halving cycle and will rise to 1 million U.S. dollarsin the next 15 years. What do you think? Friends are welcome to discuss together.

I mean there are zillions of these threads but essentially I do think it's possible and so do others. We are 15-20 times away from it already and we just hit the first 10 years or so. Popularity and interest keeps rising and we are going to slide into a period where supply from block rewards are going to really slow down. We just seen the first set of countries taking a real interest in it as a national currency. If that spreads yo others than easily it will climb into the coue hundred thousands.

We've been keeping on making out these speculations on haing that a million a coin without considering on how far still into those numbers or digits but i cant really blame out the community on being that optimistic because bitcoin had never failed to impress us.

but we should really be that optimistic because it would just frustrate us when the price hadnt able to reach up on what
we had anticipated.

Just go with the flow and take advantage of movements of the market for your benefit.

wheelz1200

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Quote from: Te qution on November 02, 2021, 04:53:22 AM

BTC has entered the second 4-year halving cycle and will rise to 1 million U.S. dollarsin the next 15 years. What do you think? Friends are welcome to discuss together.

I mean there are zillions of these threads but essentially I do think it's possible and so do others. We are 15-20 times away from it already and we just hit the first 10 years or so. Popularity and interest keeps rising and we are going to slide into a period where supply from block rewards are going to really slow down. We just seen the first set of countries taking a real interest in it as a national currency. If that spreads yo others than easily it will climb into the coue hundred thousands.

arufox

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Quote from: ?? on ??

Quote from: arufox on November 20, 2021, 12:57:13 AM

It's hard to say if bitcoin's price will hit $1 million in the next 15 years because that's a very long time. Moreover, no one knows for sure what the fate of bitcoin in the future will be whether it will still exist or not. Moreover, many experts think that in the next 10 to 20 years Bitcoin has a bright prospect where its price will reach $300k to $500k. There are also those who think that the price of bitcoin will fall in the future.

However, if the prediction is used for a long time, it will never get maximum results, today many coins are starting to be launched, even who can guess that in the future there will be other coins that are more valuable than bitcoin, anything can happen in the crypto world. , this prediction cannot be used as a reference to find out the value and price of bitcoin in the next 15 years, it is too long to predict bitcoin.

It is indeed difficult to accurately predict how much Bitcoin will cost in the next 15 years. but if we look at the market momentum so far where the price of bitcoin continues to set new ATH records. If this momentum continues in the next few years, it is very likely that the bitcoin price will reach $500k.

temple

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Quote from: chikading2016 on December 01, 2021, 09:30:11 AM

Quote from: Te qution on November 02, 2021, 04:53:22 AM

BTC has entered the second 4-year halving cycle and will rise to 1 million U.S. dollarsin the next 15 years. What do you think? Friends are welcome to discuss together.

I think there is a big chances that btc will reach a million dollars at price, but it takes time and not in four years from now , it needs maybe 15 to 20 years from now,because if we look at the btc price today and compair it to past price we can really see that bitcoin price has risen and never full back.

That won't be an easy one for the asset class to grow to $20 trillion. I just looked it up and gold was around $8 trillion in 2018. I believe we are still in a great position to grow a lot, but $20 trillion is quite the jump from where we are right now.

chikading2016

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Quote from: Te qution on November 02, 2021, 04:53:22 AM

BTC has entered the second 4-year halving cycle and will rise to 1 million U.S. dollarsin the next 15 years. What do you think? Friends are welcome to discuss together.

I think there is a big chances that btc will reach a million dollars at price, but it takes time and not in four years from now , it needs maybe 15 to 20 years from now,because if we look at the btc price today and compair it to past price we can really see that bitcoin price has risen and never full back.

barbara44

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What we need to arrange right now for that future to come soon is to make sure we explain to people clearly that bitcoin always goes up. Sure it has bad days but the reality is that even during bad days we are still living in good parts aftermath. This is what we need right now and this is how we are going to have a good future.

Otherwise every time price goes down we are going to see people who have no idea what bitcoin will do and that is what the main problem will become. So, there is a chance that we could end up with a bit of increase each time there is a drop if we could explain to people that even if it falls right now, it is going to recover eventually and we will be fine.

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Quote from: Frengki_cisco on November 23, 2021, 09:08:10 AM

Quote from: Te qution on November 02, 2021, 04:53:22 AM

BTC has entered the second 4-year halving cycle and will rise to 1 million U.S. dollarsin the next 15 years. What do you think? Friends are welcome to discuss together.

In the next 15 years, for the price of Bitcoin I'm sure it can penetrate as you say, 1 million dollars, it is possible for Bitcoin to achieve it all, we are back in 2009 and 2021, one reason that can be sure is most likely to be achieved.

Yes its a long time 15 years Anything can be changed within this time .Market is always a tough platform to predict cause we always go through volatility .We can really predict most clearly the trend and the upcoming movement if anything abnormal not happened on that but for 15 years it will not work it may we can see a dream and anything can happen on the dream you know .It might fall and also it might be million .Hope something positive will happen on the future as we always expect it . I am just looking into the whole market and i can say that it will be a big platform and definitely btc we play the main role .

Ararbermas

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Its not possible in the future.. Infact here in my country the value of bitcoin is around 2M, so its possible to happen in USD, but of course it will take too long because of the volatility of the market and some factors that can drag crypto price into the lowest value., at least, but yeah the adaption is getting higher every year. So its not surprising bitcoin value in usd become so very expensive in the future..

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Everyone agrees on the same thing but market is still not reacting to that for some reason. In the end we all "know" that it will be 1 million dollars, so if we all know it, then why don't we all sell everything we have in our possession and invest into bitcoin right away? Because, most of us still have some reserved ideas where it may not happen anytime soon. I have to say, if I sell every single thing I own right now, it would barely make 2 bitcoins, probably not even that much, including my house which is not even mine but my wife's families house so I can't even sell that.

The only thing would be 0.5 btc worth my car and that's it. So, all in all that would mean if bitcoin is 1 million dollars, I would either have 2 million dollars, or a bit less than that, and it would be awesome right? Would mean I could literally swim in money, but I don't , why? Because, I can't wait for that long for it to happen to be honest.

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Quote from: bots1 on November 29, 2021, 04:19:41 AM

Quote from: the ghabbar on November 22, 2021, 08:56:48 AM

Quote from: jostorres on November 21, 2021, 03:35:52 PM

Quote from: philipma1957 on November 20, 2021, 06:53:33 PM

I think to say the world is worth 90 trillion at the moment is not accurate.

I have read

100 trillion my post and guess two years ago.

150 trillion
200 trillion
300 trillion.

have all been shown on this forum.

After spending time to research what the world is worth due to seeing all the estimates I think 180 to 215 trillion is the best guess for now.

Do I think 1 million for btc. maybe in 6-8 years.

but that means 195 trillion. Just for btc. maybe 100 trillionfor the other shit coins.

so 295 trillion

the question is six years inflation at 10% possible it could happen. if it does btc will whale.

We really do not need that much speed neither, maybe it will happen in 15 years? By that time I am sure global will keep on growing (seeing how nations keep on printing money anyway) so global could be over 500 trillion by that time and we would be only at 30 trillion at the time.

In any case, 1 million per bitcoin is definitely something possible, right now we are at around 1.1 trillion and with less than 20x we are reaching 1 million each and that would make it less than 30 trillion, in a world with 500 trillion global worth, just 30 trillion of it going to crypto wouldn't really be weird in 10 years. However with 2 million things could look a bit different and with 5 it is going to be totally out of our regular minds and need to rethink how we approach bitcoin (or already did and that's why it's there).

15 years is not a fast time, many things have changed in crypto, although people think bitcoin will continue to grow and develop, many countries have set up their own digital money schemes, and this will affect different rules, so the push for bitcoin will experience a decline with on its own, I'm not so sure bitcoin will hit that far in price, given the number of countries that are starting to set up their own digital currencies.

Right. I agree with you that it is difficult to say if the price of bitcoin will reach the price of 100 trillion to 300 trillion in the next 15 years because that is a long time. Moreover, every significant increase in the price of bitcoin there is always a negative sentiment that causes the price to decrease as happened recently where the price of bitcoin plummeted after setting an old record. Therefore, let's see what happens in the next 5 to 10 years to the price of bitcoin. Whether the bitcoin price will reach $500k to $1 million as predicted by some experts.

Indeed, the condition of bitcoin in the next 15 years is still in the good category, but to predict the price of bitcoin as high as it is not feasible today, although many observers say bitcoin will continue to grow, but many things will affect bitcoin, whether or not it survives at the current price, therefore now is not the right time to predict bitcoin that high, we need to see the condition of bitcoin in the next 5 years, whether it is still in the good category or vice versa.

Finestream

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$1 Million? Ofcourse it will likely to happen soon like 15years more or less, nothing is impossible to bitcoin considering the price history and how volatile it is, bitcoin already proves us that it will somehow happen in the future.
Just look at the bitcoin's market value like 5-7 years ago, who would have thought it will break to an astonishing value we experienced this year. So yes, bitcoin will always be flourish and brighter in the years to come, especially when more and more people and countries will join the revolution.

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Quote from: the ghabbar on November 22, 2021, 08:56:48 AM

Quote from: jostorres on November 21, 2021, 03:35:52 PM

Quote from: philipma1957 on November 20, 2021, 06:53:33 PM

I think to say the world is worth 90 trillion at the moment is not accurate.

I have read

100 trillion my post and guess two years ago.

150 trillion
200 trillion
300 trillion.

have all been shown on this forum.

After spending time to research what the world is worth due to seeing all the estimates I think 180 to 215 trillion is the best guess for now.

Do I think 1 million for btc. maybe in 6-8 years.

but that means 195 trillion. Just for btc. maybe 100 trillionfor the other shit coins.

so 295 trillion

the question is six years inflation at 10% possible it could happen. if it does btc will whale.

We really do not need that much speed neither, maybe it will happen in 15 years? By that time I am sure global will keep on growing (seeing how nations keep on printing money anyway) so global could be over 500 trillion by that time and we would be only at 30 trillion at the time.

In any case, 1 million per bitcoin is definitely something possible, right now we are at around 1.1 trillion and with less than 20x we are reaching 1 million each and that would make it less than 30 trillion, in a world with 500 trillion global worth, just 30 trillion of it going to crypto wouldn't really be weird in 10 years. However with 2 million things could look a bit different and with 5 it is going to be totally out of our regular minds and need to rethink how we approach bitcoin (or already did and that's why it's there).

15 years is not a fast time, many things have changed in crypto, although people think bitcoin will continue to grow and develop, many countries have set up their own digital money schemes, and this will affect different rules, so the push for bitcoin will experience a decline with on its own, I'm not so sure bitcoin will hit that far in price, given the number of countries that are starting to set up their own digital currencies.

Right. I agree with you that it is difficult to say if the price of bitcoin will reach the price of 100 trillion to 300 trillion in the next 15 years because that is a long time. Moreover, every significant increase in the price of bitcoin there is always a negative sentiment that causes the price to decrease as happened recently where the price of bitcoin plummeted after setting an old record. Therefore, let's see what happens in the next 5 to 10 years to the price of bitcoin. Whether the bitcoin price will reach $500k to $1 million as predicted by some experts.

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