Topic: I'm curious about your thoughts on when Bitcoin might hit $1,000,000 (Read 754 times)

I don’t get it, why people are worried about the price. I mean we know that Bitcoins are limited in numbers, hence it’s obvious that the price will go up due to the buy demand led by the traders. All we need to do is just to wait and watch when it will happen. But the time can be shortened if more people demand to buy the coins at faster pace. We can see that this is being already followed. Hence next bull run it might be possible.

Agreed when Btc hits a mil/1btc I don’t think I will be accumulating phase any more. It’s a few cycles out should be in maintenance mode selling small amounts to cover day to day stuff. Even if you started to dca today I still believe you would be in maintenance mode by the time 1mil hits


We are still early

Why would you be disappointed though? I mean it already means success for Bitcoin it if hits $1 million. It's just to bad that you don't have any but still there are majority that have a lot or little and so it will be cause of celebration of it hits that price, similar to what we are going to see when the price hits at least $100k in this bull run. And it's not that too late to accumulate BTC mate. Just start small, you don't need to but 1 BTC right away. Again, you have mentioned DCA already and so that is a good strategy for us regular and average joe and working very hard to at least get .1 BTC in our lifetime.

There would really be those people who are really that optimistic when it comes to he price on which they would really be setting out those bars high on which they are really that expecting that each
coin would really be able to hit up a million per coin on which we know that this is something that cant be easily achieved. There's no way that we could really be able to know on whats the future
and this is why any speculation or price approach or guessing out would really be that something valid on which we know that we do have our own perceptions and insights towards things
on which neither it could be ended up on being that realistic or non realistic ones.

This is why it would really be that best that you should really be making yourself that realistic over things so that you wont really be finding yourself
that expecting or anticipating or something that too positive towards price that we dont even know if its really that happening or not.

I don't think I have enough bitcoin to be so excited that bitcoin would reach a sudden price of 1 million dollars, I'll be so disappointed cause I have not accumulated enough bitcoin and my 25% allocation from my weekly income into DCA would be so small that it can't be adding much value to my stash as It woudl be doing now, the last thing I'm anticipating right now is such a great price move. So before you make topics like this, make sure you have enough bitcoin to be anticipating such price increase, if not your no difference from a spectator that would be watching bitcoin make history.

We've tested and thought it back on 2021 but it's not enough and $69k was the peak. This time, we're so close on it that we need more than 25% for it to hit that $100k goal.

Reasonably, the price of $100k-$120k is doable for this cycle. But a huge parabolic move might even get close to $200k and $1M for this cycle is not yet the time for it.

2 halvings, might not be enough again though. Those that are saying that it can happen on 2030 and above, that might be a safe bet but we don't know what will happen for the next years to come. All of the possibilities are there, can happen early or later, no one can answer that exactly.

For me I will say that all this this things is a speculation because I don't think that your point of view can be achievable this year many people have been making different speculation based on the price of Bitcoin so which we don't really know what the price of Bitcoin will hits on before ending of this year, so in my opinion I don't think that it is proper for someone to I can knowledge speculation of people you might be follow the research and observation of people and you enter the wrong way in cryptocurrency investment especially Bitcoin so what I'm trying to say that we should do make our own research to know the next price of Bitcoin before we can conclude

I think the price of bitcoin does not rise according to anyone's target, we can only imagine or predict that the price of bitcoin can be so many dollars. In fact, everyone likes to make predictions about the coins of the crypto currency market, but the predictions of many of them are coincidental. We have seen this year after the approval of Bitcoin ETFs helped the price of Bitcoin to touch all-time highs. We currently saw a large market correction after the Bitcoin price surge that may have been so dumping for the temporary war in the Middle East. Moreover, we will face the four-year cycle of Bitcoin within this week, and Bitcoin price may fall due to that.

The price of Bitcoin $1000,000 dollars is not an easy matter. So far, the price of Bitcoin has not reached 1000,000 dollars. Many hope that maybe after bitcoin-halving it is possible but not sure. You have predicted that Bitcoin may be worth $100,000 in 2035 but I think it may take longer than that for Bitcoin to reach $1,000,000.

Bitcoin needs a lot of time to reach $10,00000. Until now the price of Bitcoin has not reached $100k. If Bitcoin doesn't reach $100k by now, it will take many years to reach $10,00000. As we have been going through Bitcoin ETF disruptions for the past few years, we must wait more if there are any further disruptions. But I think bitcoin price won't reach 1 million dollars before 2030 to 2035. Everyone here expressed their personal opinion, so I also expressed my personal opinion, hope I can see the price of bitcoin according to my target.

Wait. The $100k guy predictor has not yet achieved his goal. Let's wait for that to happen before we go to $1 million. Because that's a lot of money. 10 times the what said to be a crazy predictor because it won't happen, they say.
What you are trying to achieve here is still so far. ETF came and we have not seen a boost that would blow our minds. We still have to wait as the SEC will also try to prevent that from happening.

I foresee when I become a grandfather. LOL

Until now the price of bitcoin is still difficult to 3 digits although optimistic $100K will definitely be soon but this will take more time and it is possible that the price will be the highest let alone $1,000,000 it is too early to talk about it.

How can a bitcoin influencer say it's $1,000,000 he's talking out of his ass just to create fomo, but I don't dismiss that prediction because maybe the future will surpass it.

If I'm not mistaken, Bitcoin experiences changes every four years, which is often called halving, we have seen several of these phenomena occur and are felt by everyone in this world, especially those who know about Bitcoin.

And we have seen several halvings that have occurred. Bitcoin has not yet reached the $100k level, it may take several more halvings to reach $100k, but there is nothing wrong with many experts, investors, Bitcoin users and so on give their respective opinions in terms of Bitcoin speculation and predictions, meaning that Bitcoin is expected to reach a price that many people never expected or imagined.

To reach a price of $1000,000/ is not impossible and not impossible for Bitcoin, but if I speculate it will take a long time to reach that price, maybe we will miss 10 more halvings to reach it or maybe more, I'm sure Bitcoin will reach a price of $1000,000/maybe those of us here can't see it anymore, either we're all old or dead or maybe the ones who feel that price are our children or grandchildren, if they know about Bitcoin.

we have seen so many FOMOs in bitcoin scene and most of them have been so big. based on that we can say with confidence that a big rise in a short time to reach $1000000 is definitely in the realm of possibilities.

the only thing remaining to predict is when the FOMO will begin.
based on my experience, such big FOMOs begin when a major resistance is broken. a kind of resistance that has created psychological barrier too. something like $100k has that potential.

i don't have high expectations that bitcoin will reach 1 million usd, maybe it will happen, but it will probably happen a long time from now. but if it really reaches 1 million usd, it will be new history for bitcoin because so far many people underestimate bitcoin and think that it will fall.

I saw such information at somewhere so I was looking for it when I came across this your comment. And this explanation is good to know about the future prediction of bitcoin. I think this can also help the op question. And add it to what you have in the subsequent years again. Bitcoin will hit.
2041 = $2.6m  and
2046 = $3.1m and the trend continues like that until generations pass out and new generations will come and continue the investment.

A lot will depend on this bull market. If we go to $300k this time by the end of 2025, we might have a chance at 1m after the next halving in 2028, but if we don't then maybe it's going to take another 8 years.
That's still bullish. We're talking about bitcoin going up by more than 900k in the next 10 years. It feels like a long time but I don't know anything that my parents bought that went up in price by 1000% in the last 20 years, apart from bitcoin of course, so achieving that with any investment is almost impossible.
I'm sure that we'll reach $1m at some point due to inflation because fiat money will lose so much value that everything will go up but it might take decades.

The bitcoin market is quite speculative and has many predictions on the price of bitcoin.
Everyone can make their own predictions and state that bitcoin can reach ATH $1,000,000 and even more than that. This is just speculation and even though all circumstances can change, it can be achieved sooner or later than predicted. but expecting prices that are too high will make someone forget about their profits and only focus on achieving high prices so that there will be no targets in the near future.

So far Bitcoin hasn't crossed $100k so no one can give a clear idea if a million dollars will be in ten years time. But before 2030 maybe Bitcoin can exceed 500k dollars. However, many big experts predict that Bitcoin may reach one million dollars before 2030.

Many people only look at bitcoin supply and price to make paranoid predictions, and they never think about bitcoin's capitalization. It took gold more than a hundred years to reach a capitalization of 15 trillion, and the stock market is the world's largest financial market with a total capitalization of more than 90 trillion. It is an illusion that many people think that an asset that is not widely popular or has not yet been accepted worldwide can reach a capitalization of 18 trillion USD. You're right, it's not going to happen anytime soon and at least in our generation, it's not likely to happen.

While I agree that ETF was already felt, imho that market is by far not yet saturated.
Some may even give the example of gold (i.e. a lot of years), but nowadays the things move much faster. Still not just months.

I will reply to this post with the title because I don't like clicking any link that is associated with untrusted site, therefore I will skip clicking it for the safety of my system. Then moved down to the price of $1m, to me there is nothing new in cryptocurrency and there is every possibility for us to achieved such price level, but most times people just speculate about the price of bitcoin without them knowing whether it must get to that price or not, like anyone can choose whatever amount they feels like to talks about it.

I can say the price of bitcoin can hit $5m dollars in 4 year time to come but that doesn't mean I have all necessary information or have the power to boost the bitcoin price to that level of $5m, is just that people would keep speculating and carrying the news all over the media that by such year bitcoin could hit a certain price like this, therefore people will start putting their resources to secure some portion of it since they already hard the news, with this demand increase and the prices starts increasing uncontrollably. At some point we might also experience down time whereby bad news and some unforeseen circumstances could starts troubling the market. 

The inflow following the ETF approval will surely continue to come but not as but not as massive as before. I am thinking that the ETF effect have already been felt. The recent market unwillingness to go beyond the $70,000 might just mean that is how far the ETF could take it. If that be the case, any other big rise in price is expected to be caused by the coming halving and not the ETF again. The time Bitcoin will reach $1m is very difficult to predict but eventually it will get there, maybe after several halving events and more important developments like the ETF.

The link is broken, it says 'page not found'.

But going to what you're asking, I believe, and it's most likely, that that will happen in the 2030s. Any sooner is almost impossible, it would have to go up too much in too short a time and it takes a lot of money to move such a high market cap.

Later, i.e. in 2040 or later, I would see it too slow, and disappointing, especially if we take inflation into account.

From current levels, if we assume a minimum of 2.5x and a maximum of 4x per cycle, it is normal for the price to reach 1 million in about 8 to 10 years.

Yeah, I am guessing another 3 cycles at least. So, this year we will have a halving, then it will go up, in 4 years we will have another, which is 2028, and in 4 years after that we will have another which will be 2032. So considering it is a year later that we peak, 2033 could be the year we could see a million dollars.

This is of course just an estimate and I do not have any real data, nobody has any real data, we are just making sure that we know what we are doing and not really putting up any trouble at all. We need to consider that things are not that simple, or we will have a lot more trouble if we keep thinking that we are going to do better. I personally believe that we can all just make assumptions, that's it, and this is mine.

That's a possibility because we can't know what might happen in the future, however, even if there is no other asset or technology created that surpasses Bitcoin and its popularity, it would still not be easy for it to reach $1m because for that to happen, Bitcoin would need a lot of adoption and a huge inflow of investments because the price only increases when there is high demand and that demand would only make it go that high if there are more and more money being invested in it.

The current market cap of Bitcoin is a little above $1.3T when the price is around $69k, so for it to reach a price of $1m, it will need to have a market cap of more than $18T or something and that is huge. So, we might not be able to see that happening very soon even though it might not be impossible.

Well of course, it's not only bitcoin that will be going higher prices but also the other ones such as Etherium and more altcoins. Especially now that there is more and more integration of cryptocurrency interaction all over the world. It is way easier and more convenient. Fundamental wise, Bitcoin is positive. Technically is bullish too. Talking about market cycle and halving in which the reward in mining will decrease. The lesser, the higher increase in price people are expecting. This may not happen right away but it surely will.

when bitcoin is at a price of $1 million then I will be very happy, I am sure everyone will join in cheering and celebrating that, and one thing I am sure of, the price of bitcoin will continue to rise and will definitely reach $1 million dollars one day, bitcoin is not stopped, the value continues to rise.

it did depends the place you are because if you are living in a place that one hundred thousand dollars worth nothing I don't think that you can utilize it, so therefore whatever you are doing concerning bitcoin and the values worth in your country, it depends the correspondent values with the values of your country currency.. inflation is mostly everywhere in the most of Africa countries and if you don't utilize one hundred thousand dollars you will not do anything that will pleases people's eyes...it depends on the kind of business venture into or the kind of project you want to do.

from your first comment it's obvious that bitcoin is unpredictable and you can predict the future this way and another thing will happen for the future of Bitcoin, so therefore I believe that the price of bitcoin is getting to something else, we can not be fully exaggerating on the price of almost every time. I will be of the opinion that we should not be over as I directed and become price or in Bitcoin analysis but we should do you that opportunity and hold until when the future will determine.

what is the exactly what we are saying concerning the price of Bitcoin it is obvious that this expected or estimated price here can happen but none of us who is Present today can witness a such price of Bitcoin in future maybe before it may happen our offsprings will take over the cryptocurrency industry especially Bitcoin so I don't think that some of us will be alive and they will experience such values of Bitcoin equipment in the world.

Yes, I know we are on the speculation board and people feel free to make their delusional predictions, bitcoin reach 1 million, 10 million or 100 million in the future. But what I want to say is that we should be a little more realistic and slow down a bit, enjoy what we have instead of dreaming too much. Because sometimes we set our expectations too high but then things don't turn out as we expected, we will be filled with frustration and feel like everything is falling apart. We are investing with our own money so don't let illusions cause us to lose money or lose profits that we could have had.

It might briefly touch $1M in 20-25 years, but it won't last long at that level, basically it would be another peak of a bubble that will be followed by a massive correction. Or another possible scenario is that Bitcoin will reach $1M in 50 years or longer, when due to inflation $1M will have the same purchasing power as $300k today. And you shouldn't exclude the possibility that it will never reach $1M because the price will become stagnant before that.

It’s your prediction and certainly everybody’s prediction is always right until reality sets in. But I will have to disagree with your prediction because to me with the way bitcoin price and adoption rate is increasing and the FOMO around each halving to always causes bullish period and then taking out the ATH it will reach out to that price but when will that happen is something that is still like a misery. If you ask me I will say Franky prediction to me is the most likely outcome because we all know how the volatility rate of bitcoin is decreasing. It could come after the 2037 if many investors decide to hoard their bitcoin more but that won’t stop it from hitting that amount except they demand for bitcoin does

We are on a speculative market
We are on a random/unpredictable market

So everything about speculative approach and number sayings is something could be considered be valid. It is really just that it would be that realistic or something which is not. Although
we cant really be able to point out if its really that possible or not since we do know that this market is really that truly unpredictable. It had made out that tons of situations or moments that shocks us or
having that surprised us on the things that we do least expect for it to happen.

We've been able to see those numbers on whom we thought that it cant be just possible but look at on where we are now? So this is why in speaking about $1M per coin
is something that could neither happen or not, but pretty sure it would really be taking a couple of decade before reaching on.

This is what is on my mind, despite with all of the possibilities that Bitcoin might hit $1M at any moment due to its nature and volatility, it will take time for it to reach $1M. A safe prediction that many are telling is around a century more for it to happen. But with how quick the phasing is with the adoption and more institutional money coming in, maybe it might be less but we don't know how long and what exactly is the year when it could happen.

You just contradicted what you've said.

Frankly speaking, the fact that bitcoin can reach 1 million USD or more is just our prediction and expectation, we have no guarantee that it will happen whether it is 10 years or 20 years later.

It is true that bitcoin is becoming a new trend and receiving a lot of attention from people around the world, but let's not ignore the scenario that in the coming years there will be a better currency than bitcoin created and it will surpass bitcoin. So what we should do is enjoy the present moments, don't think too much about things that haven't happened in the distant future. My immediate goal is to still take profits in the upcoming bull season and I will base my next plans on the market situation.

Currently, Bitcoin reached an all-time high of $73,000. If new ATH is created in the Bitcoin market in 2024 and stays up to $100,000, then in 2025 Bitcoin can reach $100,000 to $170,000. Bitcoin will still have to wait many years to reach $100,000,000. But I think between 2030 and 2036 it could go up to 1 million dollars. As we technically cannot make predictions, I have made predictions with my best efforts, I don't know how successful my predictions can be.

While some amazing moves can happen at this point with Bitcoin's volatility and adoption rate. But I'd agree on the projection of franky.

And that is because overtime, we're starting to see that it's not tremendous multiplier anymore for Bitcoin's price compared to the last ATHs that it has got.

But still, a multiplier is still a multiplier so whether it is going to be 2x-3x from the last ATH, that's still a lot of gain right? I'd expect a lot of years before we see bitcoin goes $1M but if it happens earlier, then we all win.

If we do base up on the current % of the entire population knows about Bitcoin then we can really say that there's still that so much room for us to grow. This is really just that something that would really be that depending
on how fast it would be having that entire demand and recognition or becoming mainstream. Yes, we do already that that ETF and several countries which legalized Bitcoin or even having that being their legal tender but really not that much. $1M is really just that too far stretched off on which this is something a number that we shouldnt really be sticking into our mind so that we wont really be anticipating on something which isnt
that cant be happening so easily. This is why it would really be just that a matter of time whether these things could happen or not. Lets just that hover ourselves and go with the flow and not making yourself that too expecting into something with those high numbers.

Im not saying its not possible but if we do think up realistically then we are really just that too far with those digits. It all matters with the demand and recognition
and global acceptance and legalization of course or simply with that full integration.

That's right. We don't know when Bitcoin will reach $1 million. But we can keep hoping that we will still see it later. Right now, we should focus on collecting more Bitcoins. Don't delay any longer in continuing to accumulate Bitcoin.

Although the price of Bitcoin has not yet reached $100k, there is a possibility that it will after the next halving. The halving will happen in a few days, and we will see what happens to Bitcoin. Certainly, many people will become new millionaires, especially those who have a lot of Bitcoin.

If you don't want to be left behind, you should focus more on accumulating Bitcoin. Bitcoin is still low if our target is above $100k or even $1 million. So there is still time to accumulate more Bitcoins.

You don't need to force yourself to believe it because that is quite impossible although we see the price of Bitcoin continue increasing.
Totally uncertain about the future of Bitcoin and we can't assume that what happens in every halving will be the same in the coming halving. That is why I don't believe and I don't think there is a calculation that supports it. It does or NOT come, people will still accept it and continue buying/selling their BTC.

What I could say is that --I was not expecting it by now. I'd rather think first if it reaches $100k.

I think those are very bullish.

More likely to stabilise at around 1.0-1.2x growth in each cycle.

My prediction, it will never hit $1M.

Those that know where BTC price started from to get to this current price in the market today will not doubt if the price of BTC will hit $1 million in the future and, I believe before the end of 2030 investors will begin to experience that price from the market and it will make those that rejected BTC in the past to accept BTC in their countries.


I know that the price of BTC will reach $100k before the end of this year 2024, which many people know it based on what we have experienced from the month of march and April and the current price is still close to $80k, I believe the market price will still go beyond that before the end of this month.

It's difficult to predict when bitcoin will reach a $1 million price, but given how far the crypto market has gone, I believe it will reach a million dollars in 12 years, three halvings from now. I'm not sure what will happen to bitcoin by then, though. Since each halving is supposed to be better than the one before it, all we can hope for is that the halving seasons that lie ahead will be significantly better than the ones we have already had. The past crypto market made me realize that.

Never mind talking about up to $1M, where currently many are predicting that the second ATH will reach $150K. I still doubt it, because I'm afraid it will be like 2021, which hoped to reach $100K but didn't achieve it. Isn't it possible that it will also happen next year?
I also agree with you, is it still realistic to reach $1M in a short period of time? And it's equally impossible that in just 2 or 3 cycles the next bitcoin will happen And it's too early to determine that, although everyone would be happy if it was proven.

Just going to reiterate what I said in the Quote below,

It will likely not be $1,000,000 in the Yuppie Generation, they will Probably all Die seeing Bitcoin Up to $100,000 but not to $1,000,000 and it could go Down as Low as $20,000 again Possibly. But never will it ever be Worth $0.00 ever. Just because so many People would have the Chance to Buy so they would just to say "Now I have a Bitcoin" and suddenly it would go up again. But it could Fluctuate between $30,000 and $100,000 and Let's just Call it $0.01 and $100,000 for the Resonance, but it will go Up and Down from where it is now.

market caps are a MEANINGLESS number.. they dont represent real dollars stashed somewhere.. so relax

as for the tx fee's ratio to block rewards
yes that does effect the economics.. but.. heres the rub. not the maxims of ATH as much as the minimums of the post ATH corrections (NTL) new time low

we already seen how the 2022 NTL(new time low) didnt stop at $20k like previous patterns of not going below the ATH of 5 years prior
which is from my view, explained by the rationale of fee's starting to give bonus to rewards to affect underlying costs vs gains of the lows

so yes the next ATH and then correction may see the 2026 NTL(new time low) not stop at $70k but go under $70k due to fee bonus

---

the reward:fee ratio will eventually affect the ATH's but we are already seeing the affects on the NTL's

that said though, other things will affect the ATH and NTL's too
such as:
if there is not a sudden awakening of core devs to start to be BITCOIN devs again instead of features to fix subnetwork crap devs
if there is not a push to actually change fee bumps and decludge blocks and do things to spam. and allow more tx per block and cheaper per tx
whilst allowing more tx to nice bonus total block tx fee

meaning
if transactions per block stay ~4000, where by a fee works out as over $100 in uncongested times as minimums... even people wanting to lock value into shoddy subnetworks/CEX/custodians for a year would end up needing to pay 2x tx for lock in-unlocks=$over 200 a year just to use subnetworks/CEX/custodians.. which is something that even tradfi shy away from demanding of customers..
(would you use a bank/paypal/venmo if they charged $200 a year)
so if fee's and tx flows of BITCOIN are not sorted in coming years. then the fee games of incentivising mining pools will get affected

I was going to do this calculation and saw your comment before doing the calculation. I'll just add. This actually shows that Bitcoin is making progress at a good level. When the price of Bitcoin increases, we will get closer to the target and after a while the price increase will accelerate. There is a possibility that everything we say may not happen, so these are just predictions and good wishes because we want Bitcoin to rise.

It is not impossible for Bitcoin to increase 14 times and it may not be necessary for a long time. As Bitcoin is adopted around the world, it becomes easier to achieve goals.

before the value goes down again, I think everybody has a plan to sell what they have already. we know the volatility, if anyone has plans to just buy something they've always wanted i think it's that time when they sold their BTC.

as for me i think i will just save them because I'm still planning to reinvest them in the future, i'd keep them in stablecoin and wait for the bear market. $1M in my country is a lot of money. i will surely enjoy the money and might travel abroad at some point.

Likely not in this Generation, and I've been Right a few Times.

I knew it would go to $1,000
Find this Post Here: https://bitcointalksearch.org/topic/m.2457343

No one knows whether it will happen or not and because the price of Bitcoin can reach $10 or it can reach $1,000,000 because anything can happen. However, we should not think like that because the best thing is how we can make money in the process or keep trying to collect more Bitcoins to achieve our desired target.
Technically this is very possible, and considering its very limited nature and the continued growth, progress and demand for Bitcoin, it is possible that the price of Bitcoin could reach this price. However, this still takes quite a long time, and maybe those of us who are old enough will no longer exist in the world if the price of Bitcoin reaches $1,000,000.

To a million you say?
I have never thought of this but on a more serious note, BTC is expected to get to at least $120k after the halving towards the back end of the year and besides if it gets to a million, I know many investors would have acquired some spot ETF to make it get so valuable more than gold.
Right now the price of BTC surpasses silver and I don't know how it may become if it gets across $200k but am certain that it may take more than another halving and a massive pump in price from whales and investors to make it to that figure.

$1,000,000 is an extremely high price for bitcoin to reach anytime soon. It is extremely unrealistic to expect to reach that amount right now, despite the fact that bitcoin price movements and future price predictions are infinite and unpredictable. It will not come as a surprise if it reaches that level, but based on the price increases it has seen after each cycle, I do not see it happening in the next two bitcoin cycles.

You can simply multiply 1,000,000 by the current supply or more accurately, what the supply would be in the next ten years or thereabouts,, that should be approximately $20 trillion. It is a possible number for the top performing cryptocurrency and yes it would exceed the market cap of gold, although I don't see why there is a comparison at all between gold and Bitcoin.

I wasn't suggesting we get there by 2025.

Let's not forget the ratio of Bitcoin to other economies. $630k means a market capacity of about 10 trillion dollars, and then the effect of halving will be much less, but miners will depend on transaction fees.

0.828125 Bitcoin for a transaction fee that may be about 1.5 Bitcoin per block, which means that the 4-year pattern will be broken soon and we will not rise by more than $560k(2x)-$1.89m(3x).

Just as we have started right from the scratch when bitcoin had no much value and everything begin to turn more than we have expected till where we are on $73,800 all time high or so, what you have tom understand is on the acknowledgement that the more we go the higher the value in bitcoin becomes, if we can achieve the highest market capitalization rate this year of 1.4 trillion, then anything is possible, we don't know maybe the market may go far beyond $250,000 after this year halving or something close to that range, but in the nearest and possible future to come, bitcoin can experience a million dollars.  

It is very possible if indeed the world is very familiar with bitcoin and I can also be realistic if calculated through the amount of BTC that exists with a very large human population, as much as approximately 8.08 billion on earth today, it is certainly very possible with 21 million bitcoin supplies.

But the question is how much market capitalization does bitcoin need to arrive at a price of $1,000,000., is it quite possible? and can it exceed the market capitalization of gold?.
although I want bitcoin to touch that price, but for 2025 I think it is unrealistic.

This is pretty close to my expectations. Though your high sides over time get far higher cuz I think no way 3x is ever happening again, unlikely even this cycle.

And yes, reasonable expectations people. Don't listen to the idiots saying Bitcoin is going to a million next year or this decade.

I think the four year market cycle may fade away before price hits a million, but assuming it doesn't this is what I expect for the peaks of each 4 year cycle:

2024/25: ~$150k
2028/29: $250k-$350k
2032/33: $450k-$600k
2036/37: $800k-$1.0m
2040/41: $1.2m-$1.5m

So I'm thinking 2040 we'll see $1 million get hit, but a possibility of it happening in 2036 or 2037. I'm trying to take a realistic conservative view.

But there are definitely bullish possibilities that could happen over the next dozen years that could lead to the prices higher up in franky's ranges, I just don't think it is necessarily likely as I think such adoption will take longer. But those would be, (1) if several large nations start adding bitcoin to their reserves during the next decade, or (2) if it becomes the norm for corporations to hold bitcoin so we see those big trillion dollar tech companies buying up tens of billions of dollar of bitcoin each in addition to hundreds of other large corporations buying up collectively perhaps another hundred billion dollars of bitcoin, or (3) if the rampant misinformation fades so that the average person stops either not knowing what bitcoin is or thinks its something bad and bitcoin becomes normalized to the general public during that time period and we see hundreds of millions of people buying up some like say a couple thousand dollars worth of bitcoin each for long term savings/retirement. If any of these three things happen (a nation bitcoin race, a corporate bitcoin race, or just normalization of the general public) then I could definitely see it passing $1m as soon as 2036.

To get to $1,000,000 we need about a 1400% increase or a 14× rise from the current price. Putting it into numbers shows how realistic a target 1 million is within the next decade or so.

By the end of this cycle we could be up to $120-140k and that will halve the gap for the market to multiply to a million, so by the end of 2025 we will be well on the way to a million.

It’s not gonna be in the next 5 years, I am quite sure.

There is always that possibility of bitcoin going beyond and while $1M sounds huge,
I am optimistic that bitcoin will reach that but I don’t think it’s gonna be that fast.
I’m confident with saying at least 15 years more until we’ll get to see some signs
pointing to that direction.

There are many things that could happen that could drastically change bitcoin like adaptation from the government is one.

the ETF did push bitcoin to $70 before 2025.. correct.. BUT even when blackrock has been buying 20k baskets in a day.. market economics is trying to not let even the ETF push prices rampant.. as we can see today the market is not $75k-$80k, but instead pulling the market down below $70k

so the market does not want to rise too high too fast, to soon
what you have to keep in mind is certain countries have certain costs of mining. and when things get profitable to mine and sell vs buy to hoard. the markets react as such and people switch from buy-to-hold. to become mine-to-sell which then changes the demands of the market

in short yes ETF's are trying to break the mould/pattern.. BUT the market is reacting to stem the hype,

The inflow caused by ETF is expected to go much higher than the safe/rational expectation ... with a good chance for quite a bad crypto winter at the end of the cycle (but that's not in the current scope).
This being said, I expect to get to 1M one cycle earlier than what franky1 posted.
Still, we cannot know what the future holds. Imho we have to still stack sats and enjoy the ride.

rational thought
never exaggerate expectations then feel sad when things didnt meet expectations
instead lower expectations to rational amounts then celebrate things exceeding expectations

2x-3x per cycle (sorry folks we are no longer in the 100x days of 2011)
(last cycle $20k ATH - $70k ATH = 3.5x as a guide of expectation, with things slowing down to a 2x going forward)

so 2025 = $140k(2x)-$210k(3x) rational expectation
so 2029 = $280k(2x)-$630k(3x) rational expectation
so 2033 = $560k(2x)-$1.89m(3x) rational expectation
so 2037 = $1.2m(2x)-$5.67m(3x) rational expectation

My Opinion? If I told you that Bitcoin will go above $1M, would you see me as a messiah of Bitcoin predictor? Or if I tell you that Bitcoin will go to $20k, will you call me a corrector if Bitcoin should go to that level? What you should know about this price calling is that everyone is entitled to say where the price will reach but in the end, it will go to where it can only reach for that time, many people call Bitcoin to $1M last in the last bull run but we never saw that and when the bear market kick, many where calling below $10k and it still survive all the attack, my advise for you is to ignore what anyone is saying about Bitcoin price because they don't control the Bitcoin market.

Another thing you should know is that when people hold assets, they can call any ridiculous potential price for it and people who hate the market will be telling you that the top is in most particularly the people who are jealous of the Bitcoin performance and they don't have a way to join. If I have 10 BTC, don't you think I will be calling for $2M to attract more investors so my assets can grow, that's how the market works. Irrespective of any call, please hold Bitcoin.

That means you are holding good amount of bitcoin as houses are costly in U.S. But most of the members here might be holding only in fractions and they will be tempted to sell at earlier growth itself because no one has the patience to hold till $1000000. Also, I feel that there will be multiple cycles before that happens consisting of current bull run being followed by bear market and then again a bull run. Bear market can run as long as 2-3 years also and thus to reach to $1000000 mark, we might have to wait quite a bit. 

I don't really want to click on the link. But I do know what I would do if BTC hits $1,000,000. I would buy a house, and then I would buy back BTC when it dumps.

https://whalealertz.com/bitcoin-forum/Hey+everyone%2C+I%27m+curious+about+your+thoughts+on+when+Bitcoin+might+hit+%241%2C000%2C000.+Any+predictions+or+insights%3F .. i found this topic on whalealertz.com.. whats your opinion?