Can BTC rise to 1 million US dollars? - page 4.

Jating

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Quote from: ultrloa on November 12, 2021, 05:52:53 AM

Quote from: poldanmig on November 12, 2021, 03:07:09 AM

Quote from: Kemarit on November 12, 2021, 01:14:57 AM

This is all I can say, in the beginning, what was the price of Bitcoin? $0.01? $0.1 and then it grows to $1.00 and people are saying it's going to die so many early bagholders sold their stash.

Moving forward now, how many regrets of selling their Bitcoin that time? we have seen it countless times in twitter and social media accounts saying this and that?

Now with the current price, what would you think be the price in the next 10 years or 20 years or more? Just think about it, Bitcoin has a lot of surprises for us.

Although it often experiences negative sentiments, the bitcoin price slowly but surely continues to experience a significant increase from year to year, even though it takes a long time but I am very sure if we will see the bitcoin price even more than $500K later, now we just need to be patient and continue to hold our bitcoin for a long time and waiting to right time for later we release it at the highest price.

But knowing how big the marketcap needed to achieve before that to happen and I think that price mark is so impossible to be reach by bitcoin knowing that market is so volatile and for sure it will struggle to reach that far. And maybe its good to speculate first on when $100k to be reached since if we can see that achieve by bitcoin then the next target would be the $200k and this is a quite hard path to take.

It won't be that easy, I agree, but think about it, before bitcoin was not being used by companies as a hedge to their assets, and then Wall Streets and Institutions are not investing on it. And now we have government like El Salvador buying as well.

So there could be like some factors in the future that will make them buy again bitcoin that can even push it higher and higher every halving. And the price that we never thought possible in the future could happen.

Gudhal Untu

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For now of course we think it is difficult or impossible to reach $ 1 million, but when we open a discussion 2 or 3 years from now then we will talk about when the price of bitcoin reaches $ 50 million, this proves that bitcoin always keeps a secret to keep going up and makes people regret when sell at a low price.

ultrloa

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Quote from: poldanmig on November 12, 2021, 03:07:09 AM

Quote from: Kemarit on November 12, 2021, 01:14:57 AM

This is all I can say, in the beginning, what was the price of Bitcoin? $0.01? $0.1 and then it grows to $1.00 and people are saying it's going to die so many early bagholders sold their stash.

Moving forward now, how many regrets of selling their Bitcoin that time? we have seen it countless times in twitter and social media accounts saying this and that?

Now with the current price, what would you think be the price in the next 10 years or 20 years or more? Just think about it, Bitcoin has a lot of surprises for us.

Although it often experiences negative sentiments, the bitcoin price slowly but surely continues to experience a significant increase from year to year, even though it takes a long time but I am very sure if we will see the bitcoin price even more than $500K later, now we just need to be patient and continue to hold our bitcoin for a long time and waiting to right time for later we release it at the highest price.

But knowing how big the marketcap needed to achieve before that to happen and I think that price mark is so impossible to be reach by bitcoin knowing that market is so volatile and for sure it will struggle to reach that far. And maybe its good to speculate first on when $100k to be reached since if we can see that achieve by bitcoin then the next target would be the $200k and this is a quite hard path to take.

poldanmig

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Quote from: Kemarit on November 12, 2021, 01:14:57 AM

This is all I can say, in the beginning, what was the price of Bitcoin? $0.01? $0.1 and then it grows to $1.00 and people are saying it's going to die so many early bagholders sold their stash.

Moving forward now, how many regrets of selling their Bitcoin that time? we have seen it countless times in twitter and social media accounts saying this and that?

Now with the current price, what would you think be the price in the next 10 years or 20 years or more? Just think about it, Bitcoin has a lot of surprises for us.

Although it often experiences negative sentiments, the bitcoin price slowly but surely continues to experience a significant increase from year to year, even though it takes a long time but I am very sure if we will see the bitcoin price even more than $500K later, now we just need to be patient and continue to hold our bitcoin for a long time and waiting to right time for later we release it at the highest price.

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The people of this age is really faster then previous and in the age people prefer digitalization of everything, as evidenced by the price of Bitcoin raise at 68k. In the next 15 years a long time at that moment 1 million is a very normal thing. I think it's likely to be more than 1 million.

Today's technological advances allow a person to know quickly what was not known before. someone can find out about bitcoin and how it works just by looking for information from social media, in other words the current development of bitcoin can not be separated from technological developments or social media. if the development of technology and social media is growing rapidly it is not impossible that the popularity of bitcoin will also increase. Of course the increasing popularity will have a very good impact on the bitcoin price.

Poker Player

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Quote from: Slow death on November 08, 2021, 06:09:49 PM

the answer is: "it is impossible". sorry but in my opinion it is impossible to think about:

1 BTC = 1 Million Dollars

what would the marketcap of those 1 million dollars be like? I think it's impossible and shouldn't even dream of this price

If you stopped to read what some of us have said on the previous page instead of writing something quick and without arguing what you say, you wouldn't say that:

Quote from: Poker Player on November 04, 2021, 01:59:17 AM

The calculations that have been made when there are predictions that Bitcoin is going to reach $1M is because they assume that the market cap is going to absorb much of that global wealth (not income, not GDP) that was previously invested in other things and is going to move into Bitcoin. It only needs 20x, which would give $20T for the bitcoin market cap out of a global total of over $420T, so it is perfectly possible.

If you are going to say that it is impossible, at least argue it. But no, we have to believe that it is so because you think so, period.

Kemarit

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This is all I can say, in the beginning, what was the price of Bitcoin? $0.01? $0.1 and then it grows to $1.00 and people are saying it's going to die so many early bagholders sold their stash.

Moving forward now, how many regrets of selling their Bitcoin that time? we have seen it countless times in twitter and social media accounts saying this and that?

Now with the current price, what would you think be the price in the next 10 years or 20 years or more? Just think about it, Bitcoin has a lot of surprises for us.

michellee

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Quote from: ?? on ??

The people of this age is really faster then previous and in the age people prefer digitalization of everything, as evidenced by the price of Bitcoin raise at 68k. In the next 15 years a long time at that moment 1 million is a very normal thing. I think it's likely to be more than 1 million.

That is because we now have a better internet connection which can support us to have so much information from many resources so we can learn faster than before. Bitcoin has already increased higher and reached $68k so the price can still increase higher in the next rally. We do not know when the price will reach $1 million but it could happen in the future because the sky is the limit.

Maybe it will happen in the next 15 years or less than that but no matter how long it will happen, we must prepare ourselves so we are not too late to make a big profit.

JimboToronto

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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 ...

Um... actually Bitcoin has already halved 3 times: in 2012, again in 2016, and again in 2020.
_____

Of course it will rise to over $1m. The only question is when.

lienfaye

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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.

15 years are long enough to possibly achieve that price but we dont know what lies ahead in the future. It can happen if the price is consistent to reach another ath but we know bearish season can occur anytime as well.

Nevertheless, atleast this prediction has a long timeframe to achieve. What im certain is if ever the price really reach 1 million dollars in the future, its a huge gain for hodlers who are optimistic and never lose hope.

Reid

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Might be.
The thing is, with so many altcoins now is there even a chance for the value to grow at that length even in 15 years? The competition is too high and checking upon different platforms of new altcoins being created, they are really good in terms of whitepaper but it still requires time and support before they can gain value.
On the other hand, Bitcoin already have that time and support but it needs maintaining to avoid being left in the dark.
$1M could happen but there is no telling when.

Oceat

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Quote from: Slow death on November 08, 2021, 06:09:49 PM

the answer is: "it is impossible". sorry but in my opinion it is impossible to think about:

1 BTC = 1 Million Dollars

what would the marketcap of those 1 million dollars be like? I think it's impossible and shouldn't even dream of this price

Even if it is said to be impossible, I still believe bitcoin will reach a price of 1 Million Dollars, we can see this from the development of bitcoin in the previous year, even the corrections in the last few months have made bitcoin higher until now and this year bitcoin has only reached ATH 2 times in a year. a year, even though there is a correction and has not touched the price of 1 million dollars, is this likely to be achieved at the beginning of next year?

That's too absurd to think Bitcoin would reach 1mn$ next year, it barely break $70k this time nor a chance of hitting $100k but most people believe that it will happen within this year. Bitcoin reaching 1mn$ might be possible but not within 15 years but maybe 30 to 50 years I guess. If you could just think about how people/investors would invest on such a price, plus the current owners of thousands of BTC– what do you think about them? I think owning at least 1 BTC is enough already if you want to hodl it for that long.

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Quote from: ?? on ??

The people of this age is really faster then previous and in the age people prefer digitalization of everything, as evidenced by the price of Bitcoin raise at 68k. In the next 15 years a long time at that moment 1 million is a very normal thing. I think it's likely to be more than 1 million.

Being optimistic isnt bad but you shouldnt really come into a point on where it is already on that exaggerated part but its not bad to have those hopes because we know on whats the potential of Bitcoin would able to reach even though its not an assurance but at least you are aware.

Good thing here is that we are really seeing that bitcoin did really make out those price movements that never ever been expected to happen which we can say
that it does really have that big potential.

For now lets just hope that it would be still adopted and increase its price in the future.

bengsabeng

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Quote from: Slow death on November 08, 2021, 06:09:49 PM

the answer is: "it is impossible". sorry but in my opinion it is impossible to think about:

1 BTC = 1 Million Dollars

what would the marketcap of those 1 million dollars be like? I think it's impossible and shouldn't even dream of this price

if speaking for now I agree with you if the price of bitcoin reaches 1 million USD sounds very unlikely, but 10 years from now I'm not sure if this statement still sounds impossible. the number of investors continues to grow and the amount of supply is limited, these two reasons seem to be able to dispel everyone's doubts if the future price of bitcoin can reach 1 million USD.

darkangelosme

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Quote from: Reatim on November 04, 2021, 12:13:05 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.

next 15 years is far to achieve that 1 million dollar value finally. we've seen the increase from 20k in 2017 to 66k in 2021 4 years after and that is more than x3 , meaning in the following 4 years the price may increase to 200k and then 600k then a million in 10 years or less is achievable .
but of course , profit comes to those who waits lol.

Definitely the world of cryptocurrencies is a game of waiting, and like me it give a small profit from me from my tradings, and it much more in 15 years from now cause i think that is the time for Bitcoin to reach 1,000,000 USD.

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Quote from: sana54210 on November 06, 2021, 01:29:47 PM

I would say "no exaggerating" is a bit of an overstatement when we are talking about 1 million dollars. Sure in 10 years it could reach that level, it may reach that level even quicker as well, after all less than 20x left for that price, and we reach those levels not so difficultly. In march 2020 we were around 4k, and in April 2021 slightly over a year, we were at 64k, that is 16x. Right now price is 61k, if we did another 16x in a year (not saying it will, just giving an example) we would be at around 1 million anyway, 976k to be exact.

So, I agree that it is not impossible, crypto does stuff like this all the time and it could happen in 10 years, that is a long time. However we should not be expecting something like that to be common, just because something happened before doesn't mean that it will happen in the future as well.

I would not say that it is uncommon neither, it is increase in price and that happens to crypto at all times. Look how we increased once again, look how ETH broke the ATH price once again, crypto is something that is quite easily predictable when you are investing; it will go up.

So, when you are considering a new investment, it is clear to me that you should only focus on what price it would go up to and not when it will fall or how much it will fall. Sure it may fall here and there but if you invest and wait long enough then you are going to be fine. I personally believe that we are not really seeing anything too bad for a while now, but even if we do eventually that just means more time for you to wait.

Slow death

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the answer is: "it is impossible". sorry but in my opinion it is impossible to think about:

1 BTC = 1 Million Dollars

what would the marketcap of those 1 million dollars be like? I think it's impossible and shouldn't even dream of this price

SirLancelot

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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. dollars in the next 15 years. What do you think? Friends are welcome to discuss together.

One day or other bitcoin will surely value more than 1 million dollars and most people are already aware of that still they are not ready to hold their bitcoins but they pending it for some reasons. I mean people will keep on doing what they want regardless of how high bitcoin price will be attaining. It means how much profit they will be making out of bitcoin investment is the only thing most people are bothering rather than how peak price levels bitcoin will be getting is not at all a concern for most people here.

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Quote from: BillyCoiner on November 03, 2021, 09:18:04 AM

No it has peaked & with further government regulations coming it will probably start its descent to 3 digits. Governments aren’t going to allow bitcoin to go any further.

Tell us what is exactly what the governments of the world can do to reduce the demand of bitcoin to the point we go back to 3 digits? Do you think they waited until bitcoin became massive so they finally decided to act?

Truth is governments have been wanting to kill bitcoin since they became aware of its existence and they have failed, so it is safe to assume that if they could not kill it then then they cannot do it now, now it is true they could have developed new tools to try to do it, but if that is the case then the bitcoin developers will do the same and counter those new tools as well.

Pejoh Asu

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Could you be patient and hold so that the price of bitcoin can reach $ 1 billion, many analysts believe the price of bitcoin in the next 5 years will reach $ 1 milyar.

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