I'm not so sure about it hitting $5 million but people back then also not sure bitcoin could ever reach $100k, even back then reaching $500 is already a feat on itself, so I guess anything could be happening, even though many seemed to be pessimistic but I guess thats because we can see if bitcoin reaching that high then market capitalization would be massive.
There will always be pessimistic people about the future price of Bitcoin. And that's why all of us are guessing and predicting its price and just as the early adopters, it's like we're back there when everyone thinks that reaching $500-$1000 is unlikely. 
Topic: Michael Saylor predicts Bitcoin can go to $5 million? - page 4. (Read 856 times)
If Bitcoin hits $5M, Saylor will for sure going to dump and load it all in the sell orders in many exchanges as much as they can. And we're not talking about the actual $5M price because him and his company will surely do that even before that price. Who's not going to be amazed with $500k, $1M and more before $5M? There will be lots of loads that's gonna be ready to be dumped and just make us millionaires first Saylor before your big great sale.
This is according to cryptonews media bitcoinlfg.com' Twitter account. However, I do not see this shared or reported on any of the other cryptonews media websites. Is this fake news or does Michael Saylor need to promise that he will eat his dick on national television to get this prediction more attention hehehhee.
I don't think anyone now can do what the late McAfee did because the market is highly volatile, when a high personality predicts the price of Bitcoin he just wants to hype Bitcoin and for new people to come in and invest in Bitcoin but for the experts in the market movement it's hard to predict if it reach to that $5 million level and on what year.
But why not hope, when Bitcoin was created no one thought that Bitcoin would hit five digits, but we as a community can only hope that Bitcoin reaches $100k it's more realistic and once it reaches that level then we can talk of $550k.
I'm not sure about his prediction but surely Bitcoin can go to $5 million or even more than that, but still we don't know when because in upcoming 10 years it's not possible for Bitcoin to go anywhere close to $5 years and if it does then most of the holders will be millionaires and some maybe billionaires.
Bitcoin is the best asset in the whole world and it can grow to the unimaginable heights in future but sadly no one knows that how long it will take Bitcoin to cross $1 million price tag. Let's still be optimist about its price and hope for a better future for all those investors who are holding. Surely Bitcoin will be at $120k within 3 years but not sure when it will reach $5 million.
Bitcoin is the best asset in the whole world and it can grow to the unimaginable heights in future but sadly no one knows that how long it will take Bitcoin to cross $1 million price tag. Let's still be optimist about its price and hope for a better future for all those investors who are holding. Surely Bitcoin will be at $120k within 3 years but not sure when it will reach $5 million.
I'm not so sure about it hitting $5 million but people back then also not sure bitcoin could ever reach $100k, even back then reaching $500 is already a feat on itself, so I guess anything could be happening, even though many seemed to be pessimistic but I guess thats because we can see if bitcoin reaching that high then market capitalization would be massive.
not to mention the implication in regards of gas fee, take example is ethereum, it quite literally become unusable high gas fee because the value is too much meaning it wasn't planned to even reach current valuation.
so i guess if michael saylor prediction turns out to be true, then it will have same implication just like ethereum, not that im gonna be disappointed, because a massive increase is a good thing for my investment.
not to mention the implication in regards of gas fee, take example is ethereum, it quite literally become unusable high gas fee because the value is too much meaning it wasn't planned to even reach current valuation.
so i guess if michael saylor prediction turns out to be true, then it will have same implication just like ethereum, not that im gonna be disappointed, because a massive increase is a good thing for my investment.
It's actually nice to hear 5 dollars each of bitcoin. If you have a lot of bitcoin, or at least even 0.1 btc, that's a big amount to 5 million dollars.But literally speaking, for 14 years of Bitcoin, it is at the current price of 27k more than the market. It's up to you to calculate how many more decades it will take to reach $5 million in bitcoin.
What is Michael Saylor basing that on? I don't think I saw anything. Maybe we are just there in reality, and that will actually happen while we are still alive. It is hard to live in our imaginations only. It's even better that we live in a time when things happen that we want to happen, especially in holdings that we believe will provide good profit savings in the future.
I'm not so sure about it hitting $5 million but people back then also not sure bitcoin could ever reach $100k, even back then reaching $500 is already a feat on itself, so I guess anything could be happening, even though many seemed to be pessimistic but I guess thats because we can see if bitcoin reaching that high then market capitalization would be massive.
not to mention the implication in regards of gas fee, take example is ethereum, it quite literally become unusable high gas fee because the value is too much meaning it wasn't planned to even reach current valuation.
so i guess if michael saylor prediction turns out to be true, then it will have same implication just like ethereum, not that im gonna be disappointed, because a massive increase is a good thing for my investment.
not to mention the implication in regards of gas fee, take example is ethereum, it quite literally become unusable high gas fee because the value is too much meaning it wasn't planned to even reach current valuation.
so i guess if michael saylor prediction turns out to be true, then it will have same implication just like ethereum, not that im gonna be disappointed, because a massive increase is a good thing for my investment.
$5m I see as something ironic, it would in the majority represent failure. Hopefully not of BTC itself but somehow a price rising that far within our life times at least, thats too rapid and somewhere something big went wrong. Presumably there contains a scenario in dollar or euros or Yen or their system of sovereign debt (China?) had failed at that point, this isn't fantastical it can happen but we should not hope for it.
Although it's exaggeration, a "very high" market value for Bitcoin doesn't need to have an economic/financial collapse for that to actually become true. Can't it merely start having actual demand as a Store of Value, for censorship-resistance, or probably for international trade? It has to be if it has existed for more than ten years, and if it's to exist for another ten or more.
$5m I see as something ironic, it would in the majority represent failure. Hopefully not of BTC itself but somehow a price rising that far within our life times at least, thats too rapid and somewhere something big went wrong. Presumably there contains a scenario in dollar or euros or Yen or their system of sovereign debt (China?) had failed at that point, this isn't fantastical it can happen but we should not hope for it.
No surprise that anyone can make any prediction about Bitcoin. In Michael Saylor's prediction he may not specify a time frame so he has no idea when Bitcoin might reach that point. Analyzing Bitcoin from its previous position to its present state, it has grown significantly. If Michael Saylor were to make a prediction from now to the next 12 years, it wouldn't seem unreasonable for Bitcoin to hit 5 million. Although there is no fixed supply of gold, considering that the price of gold has increased significantly, it certainly deserves to be 1 million to 5 million due to the limited supply of Bitcoin. But for now, in 1-2 years, I am ready to see bitcoin price at max $100k price.
Plus many people never truly got the context of why he made such a "laughable" prediction. Michael Saylor believed that Bitcoin has the potential to surge to a total market value of $200 trillion to $300 trillion, which if in the right set of environment, it's definitely possible.
He also believed that Bitcoin will continue to outperform FAANG stocks, Facebook, Amazon, Apple, Netflix, and Google. That has always been true in each bull cycle because of higher volatility. The next cycle will not be different.
No surprise that anyone can make any prediction about Bitcoin. In Michael Saylor's prediction he may not specify a time frame so he has no idea when Bitcoin might reach that point. Analyzing Bitcoin from its previous position to its present state, it has grown significantly. If Michael Saylor were to make a prediction from now to the next 12 years, it wouldn't seem unreasonable for Bitcoin to hit 5 million. Although there is no fixed supply of gold, considering that the price of gold has increased significantly, it certainly deserves to be 1 million to 5 million due to the limited supply of Bitcoin. But for now, in 1-2 years, I am ready to see bitcoin price at max $100k price.
This is according to cryptonews media bitcoinlfg.com' Twitter account. However, I do not see this shared or reported on any of the other cryptonews media websites. Is this fake news or does Michael Saylor need to promise that he will eat his dick on national television to get this prediction more attention hehehhee.
Michael Saylor predicted the price of bitcoin would reach $5 million dollars about 2 years ago when I tried to find a news link in the search browser I was using.
Micahel Saylor's prediction regarding the price of bitcoin which will reach $5 million dollars has emerged again, amidst world currency conditions which are having problems in terms of the economy, which has its own reasons when bitcoin is trying to fight for the price level of $26k and $27k.
Michael Saylor said that bitcoin is a Screaming Signal to investors that is worth buying. For me bitcoin is the best insurance against inflation.
https://www.blockchain-council.org/blockchain/bitcoin-could-surge-5-million-screaming-signal-to-buy-says-microstrategy-ceo/
“Ask yourself: Is bitcoin going up more than 3% every year? Then it is a mistake not to maximize your exposure at the current rate of inflation. Any loan you can roll forward for a reasonable amount of time is good. A loan with a 10- to 15-year mortgage against your property is a no-brainer.” — Michael Saylor
Whether it is fake news or legit doesn't make any difference because it is a random statement by a "random" person not a prediction or even a half decent speculation. Everyone knows that bitcoin price will go on and will surpass a million eventually specially as fiat keeps dumping but the real question that nobody can answer is when.
And the funny thing of all of this is that if you are an investor there is no point at all on worrying about when such a price could be reached, what matters is your ability to hold your coins under difficult circumstances and nothing more, as in that way even if bitcoin were to reach such a price on a decade you will still be able to take advantage of such a movement, the only ones that need to care about when such a price can be reached are those that trade the markets as they may not be able to take an early position to take advantage of that movement due to the inherent nature of trading.
But sers, the prediction wasn't made by another "random person". It was made by a person who HODLs one of the largest investments of Bitcoin in his company's vaults. Chad Saylor's statement has to have more significance than just being merely another "random statement". The projected price might be exaggerated, but he's probably not wrong that we're not "to the moon" yet.
If you frequently scream ludicrous things to the public to hopefully get your investment a lot of attention, at some point, people will get tired of your craziness and you'd get a lot less attention as time goes. This is a perfect example of this lol. He might as well say that Bitcoin cures cancer of something that deranged.
Exactly. He should make up his mind. He's on the internet every other day making predictions for Bitcoin price. I like the man and genuinely have nothing against him however I think he should tone down on alm these predictions. It is very clear for the world to see that Bitcoin is going up, you know it, I know it, even those who want Bitcoin dead know it. Maybe he's making all these predictions to keep the minds of his shareholders are rest.
We are going to end up being a bit more careful when it comes down to having some sort of logical argument from him, but at the same time I do not think that we should care about him at all, let him say whatever he wants and it will be unimportant. Obviously some people care about it a lot more than the others, but I belong the group that cares less. That way I can do a lot more with my time than I could do otherwise and should be doing something that would matter.
Since there is no set date for when bitcoin will hit $5 million, I believe I can agree with Michael's prediction that it will happen eventually. Time and patience are what it will need, nothing more.
Even though I think $5 million is attainable in years to come, it will seem strange for anyone to expect a price of $500k or more right now and not to consider a price above $1 million. Looking at the price of bitcoin right now, just a million-dollar price is far too far away for bitcoin to ever achieve such a price.
Even though I think $5 million is attainable in years to come, it will seem strange for anyone to expect a price of $500k or more right now and not to consider a price above $1 million. Looking at the price of bitcoin right now, just a million-dollar price is far too far away for bitcoin to ever achieve such a price.
It's just a question of when we are going to hit that magical price.
And because as bitcoin become scarce in the future and there is a huge demand for it, obviously, we will see $100k next (maybe this bull run cycle), and then $1 million and higher to the point of getting into the $5 million range. So just a couple of block halving and we will be there for sure.
When talking about the future, never be sure of anything because we have no proof of what we are sure of. I like optimism but I don't like extreme delusion. How will bitcoin reach 1 million USD, 5 million USD when we still cannot break the target of 100k$? So I will wait for bitcoin to hit $100k in the next bull season and will wait for other price levels before thinking about $1 million.
Bitcoin is a potential asset but that doesn't mean it will increase in price indefinitely. Everything has a limit and we can easily see that bitcoin's profits are gradually getting smaller after each halving, so the expectation of a target of 5 million USD is too unrealistic.
If you frequently scream ludicrous things to the public to hopefully get your investment a lot of attention, at some point, people will get tired of your craziness and you'd get a lot less attention as time goes. This is a perfect example of this lol. He might as well say that Bitcoin cures cancer of something that deranged.
Exactly. He should make up his mind. He's on the internet every other day making predictions for Bitcoin price. I like the man and genuinely have nothing against him however I think he should tone down on alm these predictions. It is very clear for the world to see that Bitcoin is going up, you know it, I know it, even those who want Bitcoin dead know it. Maybe he's making all these predictions to keep the minds of his shareholders are rest.
Since there is no set date for when bitcoin will hit $5 million, I believe I can agree with Michael's prediction that it will happen eventually. Time and patience are what it will need, nothing more.
Even though I think $5 million is attainable in years to come, it will seem strange for anyone to expect a price of $500k or more right now and not to consider a price above $1 million. Looking at the price of bitcoin right now, just a million-dollar price is far too far away for bitcoin to ever achieve such a price.
Even though I think $5 million is attainable in years to come, it will seem strange for anyone to expect a price of $500k or more right now and not to consider a price above $1 million. Looking at the price of bitcoin right now, just a million-dollar price is far too far away for bitcoin to ever achieve such a price.
It's just a question of when we are going to hit that magical price.
And because as bitcoin become scarce in the future and there is a huge demand for it, obviously, we will see $100k next (maybe this bull run cycle), and then $1 million and higher to the point of getting into the $5 million range. So just a couple of block halving and we will be there for sure.
Since there is no set date for when bitcoin will hit $5 million, I believe I can agree with Michael's prediction that it will happen eventually. Time and patience are what it will need, nothing more.
Even though I think $5 million is attainable in years to come, it will seem strange for anyone to expect a price of $500k or more right now and not to consider a price above $1 million. Looking at the price of bitcoin right now, just a million-dollar price is far too far away for bitcoin to ever achieve such a price.
Even though I think $5 million is attainable in years to come, it will seem strange for anyone to expect a price of $500k or more right now and not to consider a price above $1 million. Looking at the price of bitcoin right now, just a million-dollar price is far too far away for bitcoin to ever achieve such a price.
While the future is unpredictable and Bitcoin is volatile, to sum it up from people like him who invests constantly in Bitcoin together with his company.
It is no doubt that he's looking like a salesman trying to say to people that they should buy. But they cannot question that when he's putting money where his mouth is.
A million, $5M or even more is possible on a highly volatile asset like Bitcoin.
It is no doubt that he's looking like a salesman trying to say to people that they should buy. But they cannot question that when he's putting money where his mouth is.
A million, $5M or even more is possible on a highly volatile asset like Bitcoin.
This is according to cryptonews media bitcoinlfg.com' Twitter account. However, I do not see this shared or reported on any of the other cryptonews media websites. Is this fake news or does Michael Saylor need to promise that he will eat his dick on national television to get this prediction more attention hehehhee.
BREAKING
Billionaire Michael Saylor Predicts that Bitcoin is Can Hit $5 million dollars.
Source https://twitter.com/bitcoinlfgo/status/1700981076389413281
That's the joy of the crypto market, as no one can predict it so, so many people can say what ever they want because it's very volatile and unpredictable so Micheal saylor predicting that bitcoin will hit 5million is actually normal. Well for my own opinion I don't actually feel his speculation will come true although am also speculating the price but it would be beneficial if bitcoin can actually hit this price . BREAKING
Billionaire Michael Saylor Predicts that Bitcoin is Can Hit $5 million dollars.
Source https://twitter.com/bitcoinlfgo/status/1700981076389413281
I feel like it may happen but won't happen anytime soon. I do not know if my time will be enough to see this happening, I think it is going to be something that matters on the long term and the result could be very different. I hope that it gets to a point where it needs to be something that will prefer that in the end. I know that it will not get to a point where it gets to be specifically better or worse, but that is just how it is for the long term.
In the future and possibility, everything had a chance to happen but we do not know if it will become a reality. I am also looking forward for Bitcoin to reach such price, the $5M per Bitcoin but it looks like it is just a wishful thinking right now. Bitcoin price doesn't even reached $100k so this kind of price prediction can be called insanity for now.
I believe that in the next 30 years or so, we will not see it reach that level and we should be considering it as a possibility. I hope that we could end up with a good or even great result, which should be doing fine in the end and could result better.
I do not think it will happen in the next 30 years. Looking at the percentage decline of the gain of Bitcoin in each recorded 4-year cycle all time high price, I think it needs more than 30 years to reach even $2.5m.
realistically speaking, such price is still very very far from happening. it may happen in the future but you will go crazy if you will try to overthink on this. so better look for the next 2-5 years and plan what to do with your portfolio.
the prediction may be positive, but look at how you will do in the next couple of months and see how you can improve your portfolio.
I feel like it may happen but won't happen anytime soon. I do not know if my time will be enough to see this happening, I think it is going to be something that matters on the long term and the result could be very different. I hope that it gets to a point where it needs to be something that will prefer that in the end. I know that it will not get to a point where it gets to be specifically better or worse, but that is just how it is for the long term.
In the future and possibility, everything had a chance to happen but we do not know if it will become a reality. I am also looking forward for Bitcoin to reach such price, the $5M per Bitcoin but it looks like it is just a wishful thinking right now. Bitcoin price doesn't even reached $100k so this kind of price prediction can be called insanity for now.
I believe that in the next 30 years or so, we will not see it reach that level and we should be considering it as a possibility. I hope that we could end up with a good or even great result, which should be doing fine in the end and could result better.
I do not think it will happen in the next 30 years. Looking at the percentage decline of the gain of Bitcoin in each recorded 4-year cycle all time high price, I think it needs more than 30 years to reach even $2.5m.
Be careful on what these people been proclaiming or shilling out because these known people are really that been obviously trying out to raise the market price as to assume
that they had already bought at the bottom and just trying to make things up.
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