Topic: Could Bitcoin Hit $1 Million by 2026? Arthur Hayes Makes Exciting Forecast - page 2. (Read 810 times)

Normally, stocks have a certain expectation of value, an appreciation in value. There is a value creation that forms the basis. In cryptocurrencies, this is more speculative. Monetary systems act according to certain predictions and beliefs. For this reason, if there is a side that believes in possible predictions, there is also a side that does not believe. In other words, there are two sides that are optimistic and pessimistic about the market.

If Bitcoin reaches a value of 1 Million Dollars, it means that the market value will be 21 Trillion Dollars, considering the total supply of Bitcoin. In other words, if Bitcoin reaches 1 Million Dollars, the market capitalization of Bitcoin will double the current market capitalization of against Gold (12 Trillion Dollars), which has been an investment tool for ages. I don't know if this can happen, but anything is possible in the speculative cryptocurrency market. But can we see this in our lifetime? I can answer that with certainty. It is very difficult to see it.

Not in 3 years, but maybe a decade from now. I strongly believe Bitcoin will replace Gold in the future because of the many benefits it provides. It's decentralized, portable, has a fixed supply of 21m units, and it's deflationary by design. Gold can be confiscated, it's not portable (you can't carry a large amount of Gold bars and/or coins when traveling), and the exact supply of Gold on Earth is yet to be discovered. The subsequent block reward halvings, alongside increased demand from institutional investors, should help BTC rise to $1m sooner or later.

It's not a matter of "IF" it will happen, but rather "WHEN". I've stated this a couple of times already. Just keep buying and forget about the rest. Who knows if you'll hit the "jackpot" someday?

One of the obstacles to Bitcoin reaching the rumored prices is the "fear" factor. If Bitcoin is to reach these prices, big players, that is, big investors or states, need to invest and encourage them to invest. The condition for such an environment to really exist is that there must be an environment of trust in the market.

People invest in what they fear, but they invest without exceeding a certain amount. When the fear factor disappears and an environment of trust is established, then there will be no limit to investment and Bitcoin will reach the mentioned prices.

In general, everyone here has probably read and seen Bitcoin speculation & predictions from time to time, especially in 2023, there are hundreds of Bitcoin speculations & predictions posted on the internet, one of which is about Bitcoin (BTC) Price Prediction 2023-2040, that shows there is a series of predictions being discussed there.

The point is, anything can happen, as long as people around the world are safe in all aspects, the economy has a big influence on a peaceful society, Bitcoin is a digital currency that is traded online, from my understanding Bitcoin can reach the highest levels as long as people are not haunted by prolonged fear.

Everything would really be according into the demand and this is the main key on which it would really be the main indication or reason on hitting up those numbers that we havent that done or able to hit before.
We've seen that we do still have tons of people who doesnt know about Bitcoin or crypto or simply there's still so much room to improve in speaking about adoption and recognition.
Im not saying that $1M isnt achievable but just like been said that it isnt realistic even if we do speak about 2040 on which there's no way that we could be able to be that high.

Im not really that skeptical when it comes to its potential but cant really be denied that it is really just that too far off. We cant really be able to tell
on whats the peak price but as long demand is there, then expect that numbers would really be that be always surprising. 

$1 million will probably happen around 2040 or within a few years after that. Price will be probably between $80k and $120k for most of the rest of this decade.

Next bull run high may be a bit higher than $120k, but then it'll crash. Next bear market low will likely be below $80k, but only for a handful of months and then it'll recover and probably spend a long time between $80k and $120k before the next bull run begins. So like late 2024 through 2028 will likely mostly be $80k-$120k.

And only way $1 million happens significantly before 2040 is if all of a sudden most people get educated on Bitcoin and major nations start adopting it or suggesting to people that its good and a fine thing to normalize into their lives. But no expectation of that happening, instead it'll be the same it's always been, the gradual grinding adoption of people slowly getting educated as most people continue to fight against Bitcoin due to lack of education on it and they will keep calling it scam/fraud/pyramid/etc.

Basically rest of 2020s high 5 digits and low $100k's is going to become the norm. 2030s mid 6 digits will become the norm over the course of the decade. And somewhere between 2040 and 2045 we should see the price pass $1 million for the first time, though if big bull markets are happening it might only pass it briefly and then take a couple years to get back to it after crashing.

Simple facts like this which makes you wonder what the guys like Arthur Hayes are smoking right? lol

It's not that I don't believe Bitcoin can go to 1 million dollars. It's that market cap of 20 trillion is too high when gold is 13 trillion.

I love Bitcoin but can we seriously see it as bigger cap than gold in only 3 years? Of course not. Unless gold becomes 130 trillion of course!!

Are the people who give predictions are a liar?  here you fail to understand it.  let's go back to Bitcoin 10 years ago when the price was still under $5k, at that time many people were skeptical about Bitcoin being able to pass $5k, after bitcoin managed to pass $5k, they were also skeptical about the price of bitcoin passing $10k and so so on, now there are many who predict the price of bitcoin will exceed $100k but many people are skeptical about that, remember, that the price of bitcoin is influenced by market sentiment, it is very likely that in the next few years, people will increasingly scramble to invest in bitcoin and that's what will push the price of Bitcoin even higher.

We need to be more optimistic about the value of bitcoin. Bitcoin could hit $1M? Yes it can but there isn't any specific time for that. Bitcoin can do it within 2026. It is not unlikely but the facts say it won't happen. From the current position of bitcoin it will take a tremendous amount of money and super positive news to reach that milestone. If this happens within a few month then it will not be able to hold that price for long as the ROI will be greater than its previous bull run so even long term investors will start booking the profit.

It's not actually impossible for bitcoin to achieve that price but if we want to assume that it's gonna happen by 2026, I think I won't rely on that. Bitcoin might be a secured and is a guaranteed investment that appreciates its price from time to time, year after year, but we also know how volatility triggers the price so once bitcoin price moves up, it will always create another chance to drop again and that's how the nature of bitcoin is. You can't expect that the price will continuously move up once it reaches a significant price, but will always find a way to drop again due to its price fluctuations. That's how unpredictable bitcoin is, but if faith is already established, no matter how the market crash, we won't be easily triggered and will still expect for bitcoin to reach a new all time high every time. 

There's no way of telling much Bitcoin will be worth in the future. What you can only know is when the market will turn bullish again. Increased interest/demand from institutional investment comapnies, as well as the block reward halving of 2024, tells us that a massive "pump" will happen soon. It would be unwise to sell your Bitcoin holdings now, unless you really need the money to survive. We may never see such low prices ever again.

If all goes well, BTC may be able to reach a new ATH. The sky is the limit to how far Bitcoin can go. Who knows what will happen 3 years from now?

In such unpredictable market, future price predictions are normal. And some crypto analysts don't just do it because they want it but because they also have some good and reliable basis that might possibly work in the future. That's why try to be more open for future predictions but never assume that they will all come into reality, and never rely in them for your future decisions.

However, as per my own point of view, I truly believe that bitcoin has all the potentials to finally reach $1 million in price but it will be uncertain as to what year it will happen. And for me, 2026 might not be the year to see bitcoin hitting $1 million. It could possibly happen 10 or 15 years from now.

everyone admits that bitcoin has moved quite significantly in recent years. but predicting bitcoin will reach a value of $1 million by 2026 sounds like nonsense. maybe if he said that it would be achieved in the next 20 years, it might happen, but 2026 is only 3 years away, and it is unlikely for bitcoin to reach that value in a short time of 3 years.

we can predict the price of bitcoin at any time within a certain time period, but we also have to understand that bitcoin is the same as other investment instruments which depend on demand. and discussing the demand for bitcoin, i'm not so sure that in the next 3 years the demand for bitcoin will be very very high until it reaches a value of $1 million. let's think rationally.

yes basically the moving market no one knows where it is and no one can really predict the movement of Bitcoin with 100%accuracy, anyone is not possible the market movement can be read right, all the people argument are those who analyze the movement of the movement that once found the results to find the estimated calculation at a certain time, and yes it was only a speculation that there was no guarantee that it would happen as you do hallucinations on something and rely on your mind to reach the point of hallucinations.

$ 70k might happen if ETF Bitcoin is approved in my opinion, but if this Bitcoin ETF is pending again, it is likely that in my opinion it will move between $ 40K- $ 60k.

What evidence do you have to be sure bitcoin will reach 70k USD next year, if you can be 100% sure, then you should sell all your assets and invest in bitcoin? At current prices, you will have a chance to double your wealth next year when bitcoin hits $70k, LOL. Do you dare to do that? When it comes to the future, we are free to estimate and predict, but don't be certain about anything, especially bitcoin, an extremely volatile and uncertain asset.
Predictions are still just predictions and cannot guarantee anything. In investing, you should not be subjective with your predictions.

That’s why, people make estimations based on calculations and historical graphs. I know predicting something in the future is almost impossible, but what we can do is estimations. And there is huge difference between the two. If I have to make an estimation about the price of Bitcoins, then in the next one year, Bitcoins are bound to cross 70k usd. This is because we have seen previously Bitcoins follow a 4 year cycle to reach new ATH price and next year is the 4th year. So yes there is high probability that this is going to happen.

It may look like an exaggeration, but I've seen the impossible happen in crypto land. Constant hype might help drive Bitcoin's price all the way to $1m faster than you could imagine. The process will be accelerated once the US Dollar starts losing value like crazy. All the FED needs to do is "turn on the money printer", and there should be nothing stopping BTC going all the way to "Mars".

I think it's still the perfect opportunity to buy Bitcoin at a "cheap" price. The smart money will buy, while whinners will sell. No matter where market prices go, there's no denying Bitcoin will survive thanks to the way it was designed. As long as it stays decentralized, no one will be able to stop it. Just my opinion

I will not refer to this as a bold bitcoin analysis, I refer to it as nothing but full blown exaggeration.
Bitcoin could bitcoin really valuable which it already is if you ask me, for as it is right now, there are billions of people worldwide who can afford to buy one whole bitcoin at a go, so this make the coin very expensive for them.

Now, coming back to this exaggeration of a prediction, I don't think it is possible because I have not seen what will act as a catalyst to drive the price of bitcoin to such a huge amount of money in such a short period of time, 2026 is not so far away as many of us think.

If I am asked, I did say that by 2026, I expect that the price of bitcoin would have stabilized about $100,000, which is already a great achievement for the coin, $750, 000 to $1 million dollars is pure exaggeration.

While Bitcoin can live without "Wall Street", it won't be able to gain traction because only a small number of people will invest in it. That's why regulations are necessary. By regulating the crypto industry, we can help attract the wealthy (institutional investors, companies, businesses, etc) into Bitcoin. These players are the ones who "pump" market prices all the way to the moon. Without them, BTC won't be able to reach the predicted price of $1m.

Considering that "Wall Street" is already in the game, it should only be a matter of time before this happens. 2026 may be too soon for BTC to reach such high prices. But I've seen the impossible happens in crypto land. I'd advise you to buy BTC while it's still "cheap". Who knows if you get lucky someday? Just my opinion

Bitcoin doesn't need traditional financial institutions to accept it in order for it to get more widely accepted around the globe, and what will be the use for someone to buy or have Bitcoin if they do it through traditional financial institutions since they will most probably keep the assets with them and that will make them centralized in the true sense while Bitcoin's main attribute is it being totally decentralized and allowing its investors to have direct access to their financial holdings instead of someone else holding them for them.

The positive for Bitcoin and the market would be if people start buying directly and storing their wealth in Bitcoin instead of other traditional investment options such as Gold, Real Estate, and many others because that will make Bitcoin adopted more widely without having any involvement from traditional financial institutions.