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Topic: The BTC to $1M thread - page 2. (Read 1353 times)

copper member
Activity: 280
Merit: 5
December 20, 2024, 09:39:53 AM
#75
2009 to 2024 to do 0-100,000

we certainly can do 100,000 to 1,000,000 faster than the 15 plus years it took to reach 100,000.

My guess is 2028-2029 we are there.

A few more cycles and we are going to cherish the moment with warmth that we've got the opportunity to buy at 90k-100k.
legendary
Activity: 4382
Merit: 9330
'The right to privacy matters'
December 20, 2024, 09:32:17 AM
#74
Is it unlikely? Yes, impossible? No. This is one of my posts a few weeks ago, in a speculation topic regarding whether the price is going to hit $100,000 within 2024.

I agree. Moreover, I believe that we do not have enough statistical data to accurately claim that history repeats itself, a few cycles do not necessarily prove that it's a pattern that will always repeat itself. From how I see things, Bitcoin certainly won't surpass $100,000 nor achieve a new ATH in 2024, perhaps it'll happen sometime in the first half of 2025 (the new ATH)  but I can't be certain judging by the current economical situation and the war in the Middle East. If things go south, and they're heading that way, it's difficult for any kind of investment to thrive.

As you can see, I was quite confident believing that it's unlikely to surpass $100,000, but I was proven wrong, it hasn't surpassed it yet, but it doesn't really matter at this point, it reached $99,600, which is basically the same. With that being said, we shouldn't rule out any possibility, although $1 million seems extravagant, it might be possible in the distant future.

2009 to 2024 to do 0-100,000

we certainly can do 100,000 to 1,000,000 faster than the 15 plus years it took to reach 100,000.

My guess is 2028-2029 we are there.
hero member
Activity: 3010
Merit: 538
Leading Crypto Sports Betting & Casino Platform
December 20, 2024, 02:21:50 AM
#73
Is it unlikely? Yes, impossible? No. This is one of my posts a few weeks ago, in a speculation topic regarding whether the price is going to hit $100,000 within 2024.

I agree. Moreover, I believe that we do not have enough statistical data to accurately claim that history repeats itself, a few cycles do not necessarily prove that it's a pattern that will always repeat itself. From how I see things, Bitcoin certainly won't surpass $100,000 nor achieve a new ATH in 2024, perhaps it'll happen sometime in the first half of 2025 (the new ATH)  but I can't be certain judging by the current economical situation and the war in the Middle East. If things go south, and they're heading that way, it's difficult for any kind of investment to thrive.

As you can see, I was quite confident believing that it's unlikely to surpass $100,000, but I was proven wrong, it hasn't surpassed it yet, but it doesn't really matter at this point, it reached $99,600, which is basically the same. With that being said, we shouldn't rule out any possibility, although $1 million seems extravagant, it might be possible in the distant future.

$1 million is very possible if there's surge of demand from large institutional investors and massive increase in adoption, just imagine if there's 5 - 10 more countries that adopt bitcoin like el salvador, knowing el salvador's success such thing isn't impossible at all, and on top of that, only very few institutional investors diversify their portfolio in BTC right now, other developed countries will also do the same thing only matter of time, $1 million per BTC is just about time.

as of now, only fraction of global population exposed to BTC, i'd say, the potential for BTC to reach $1 M is obviously there.

even $100k right now is still pretty undervalued I dare to say. but knowing the volatility and bitcoin's recent behaviour of flash dump, people would be doubtful but I don't.
hero member
Activity: 2632
Merit: 833
December 18, 2024, 05:45:32 AM
#72
I think this thread will be open for more than a decade so let’s enjoy the ride.

I don't think so. If you had asked me 6 months ago I would have said the same as you. But with the state FOMO that is going to be unleashed, followed by the institutional one, I think it's going to be quite a bit less. Just think that Michael Saylor alone bought 15,350 bitcoins last week while 3,150 were mined. Saylor is not going to stop buying, and neither are the spot ETFs. Add to that the states in FOMO and you see the same supply shock I'm seeing.

Yes, we can say that sky is the limit moving forward, it might take decades for others and we can't do anything about it. But the market can do something that we don't expect, just like what we are seeing in this bull run.

Maybe we could get into $200k at the top for this run.

So everything is possible, it has been proven many times already and all we have to do is to believed that we will achieved and unlocked that 7 digits in the future.
member
Activity: 194
Merit: 62
December 18, 2024, 04:04:34 AM
#71
I think this thread will be open for more than a decade so let’s enjoy the ride.

I don't think so. If you had asked me 6 months ago I would have said the same as you. But with the state FOMO that is going to be unleashed, followed by the institutional one, I think it's going to be quite a bit less. Just think that Michael Saylor alone bought 15,350 bitcoins last week while 3,150 were mined. Saylor is not going to stop buying, and neither are the spot ETFs. Add to that the states in FOMO and you see the same supply shock I'm seeing.

I see some points in your statement Mr Poker Player, cause recently several goverments, institutions, companies and rich individuals are becoming to pick interest in purchasing in large quantities, Microstrategy and Blackrock are accumulating aggressively and you're right that they won't stop buying but accumulating.

 Sailor alone, believes in the possibility of Bitcoin getting to $1m so he won't stop buying or sell what he's holding soon. Wapfika, if you listened to Trump's speech recently you'll understand that he wants to be very aggressive in owning the highest reserve and it would lead to a competition among top nations, that alone could draw BTC to $1m nearer.
STT
legendary
Activity: 4102
Merit: 1454
December 17, 2024, 03:22:42 PM
#70
My body is ready

Your body and everybody else better be ready because it cant be a singular effort to get that high.    The best hope I heard for this large a target is that the new president Trump has the intention to lower the dollar.

I think the intention generally is to lower imports, lower dollar and export more hence a lower dollar helps that ambition.  So thats trade in a conventional market but also I think to really put a rocket under Bitcoin for a year or more will require a lower dollar by like 10 to 20% at least.

Instrument or ticker to watch for that generally would be DXY though its also more complicated.  We see DXY heading up to 100 since early November and it needs to be two figures for the whole of 2025, with expectation downwards.   Its possible and its possibly not the best thing for BTC it probably helps alot I reckon.
legendary
Activity: 1372
Merit: 2017
December 17, 2024, 12:58:45 AM
#69
I think this thread will be open for more than a decade so let’s enjoy the ride.

I don't think so. If you had asked me 6 months ago I would have said the same as you. But with the state FOMO that is going to be unleashed, followed by the institutional one, I think it's going to be quite a bit less. Just think that Michael Saylor alone bought 15,350 bitcoins last week while 3,150 were mined. Saylor is not going to stop buying, and neither are the spot ETFs. Add to that the states in FOMO and you see the same supply shock I'm seeing.
hero member
Activity: 2968
Merit: 687
December 06, 2024, 04:19:16 PM
#68
Come on guys, the price is still very cheap, it's only $0.1M now, you can keep buying. In a few years it will happen as it has happened repeatedly in bitcoin history, that people will wish they could have bought at a price as cheap as $0.1M per bitcoin.
It is incredible how fast things are moving, I still remember the days bitcoin struggled to reach 1k and now it finally reached 100 times that price, and now there is a very real possibility it could reach 1 million during the next decade, if not sooner, as I agree with you that at this point, it is very likely this price could be reached taking into account the positive circumstances surrounding bitcoin at the moment, and I wonder, if many years later this will be one of those threads that will be read by other people like us in the future, and they will be incredulous to read that bitcoin at some point was worth less than a million dollars per coin.

There’s really a possibility pf 1M but I think we should look forward and watch out first the price on every 100K since that requires a lot of liquidity in able to push the price with that kind of target.

I will be happy to see Bitcoin reaching even 150K first before dreaming of 1M each but I’m  1M target will come in the future especially if Billionaires decided to enter and play the Bitcoin holding game.

I think this thread will be open for more than a decade so let’s enjoy the ride.
Possibility is there, yet we dont know on what the future looks like or what would really be able to happen on which we know that crypto market could shoot up into those levels on which we didnt even expect that it could really be happening. Even on the current situation on which Bitcoin had already touched up $100k on which tons of people do even speculate that it wont happen when we are still on those low levels.

Now that we had been able to touch it then the next stop will be another x10 or $1M price on which this isnt also impossible too. It wont really be just that a smooth sail ride on this case and there would really be tons of tough resistances that would be on the way. Ex. +100k increment on which these will be surely tough resistances that needs up to be break for us to shoot up into another price level scale. Well, lets just not make ourselves in a hurry so that you wont really be that become impatient on this case. People do make out such actions just because they are really just that in a rush on making things happen.

The goal on here is to accumulate coins as much as you could and as cheaper as you can be able to do so. DCA when the market dips but usually the best time to get in is on the moment or time that the market will really be having its bearish sentiment on which prices will really be that way too cheap. This is the best entry i could say, but the main question is. How you would be able to determine the bottom? Therefore, each investment decision will really be always that giving out an assurance that you had made out on the right spot.
hero member
Activity: 1512
Merit: 605
Bitcoin makes the world go 🔃
December 06, 2024, 10:19:17 AM
#67
Come on guys, the price is still very cheap, it's only $0.1M now, you can keep buying. In a few years it will happen as it has happened repeatedly in bitcoin history, that people will wish they could have bought at a price as cheap as $0.1M per bitcoin.
It is incredible how fast things are moving, I still remember the days bitcoin struggled to reach 1k and now it finally reached 100 times that price, and now there is a very real possibility it could reach 1 million during the next decade, if not sooner, as I agree with you that at this point, it is very likely this price could be reached taking into account the positive circumstances surrounding bitcoin at the moment, and I wonder, if many years later this will be one of those threads that will be read by other people like us in the future, and they will be incredulous to read that bitcoin at some point was worth less than a million dollars per coin.

There’s really a possibility pf 1M but I think we should look forward and watch out first the price on every 100K since that requires a lot of liquidity in able to push the price with that kind of target.

I will be happy to see Bitcoin reaching even 150K first before dreaming of 1M each but I’m  1M target will come in the future especially if Billionaires decided to enter and play the Bitcoin holding game.

I think this thread will be open for more than a decade so let’s enjoy the ride.
legendary
Activity: 2716
Merit: 1383
December 06, 2024, 10:15:49 AM
#66
Come on guys, the price is still very cheap, it's only $0.1M now, you can keep buying. In a few years it will happen as it has happened repeatedly in bitcoin history, that people will wish they could have bought at a price as cheap as $0.1M per bitcoin.
It is incredible how fast things are moving, I still remember the days bitcoin struggled to reach 1k and now it finally reached 100 times that price, and now there is a very real possibility it could reach 1 million during the next decade, if not sooner, as I agree with you that at this point, it is very likely this price could be reached taking into account the positive circumstances surrounding bitcoin at the moment, and I wonder, if many years later this will be one of those threads that will be read by other people like us in the future, and they will be incredulous to read that bitcoin at some point was worth less than a million dollars per coin.
legendary
Activity: 1372
Merit: 2017
December 06, 2024, 10:14:00 AM
#65
So, I assume you were shit posting. Bitcoin won't have to wait to reach 100K but it already touched that magic figure. I expect you to check the market price when you write a post.  Wink

Yes, I am going to report it to the person in charge of counting the posts of that campaign.

I guess he's not paying attention on current news happened and he just post like that without verifying everything what he said.

Most likely he is just shit posting since we can totally see that everything he write is just pure nonsense. Since if he just do a research or at least get updated with latest event for sure he would never say something like that.

Anyways there's still long way to go and before $1m reached hopefully by next year we can see bitcoin to cross at $200k.

It sometimes happens in some of those who carry that signature: that kind of posts. Relatively long, generic, without having read almost nothing of the thread and/or without having heard the news related to the thread. Plus when you call out their bullshit they don't come back here to defend themselves. This was more common before but I know that Stake's management has made an effort to improve, although there are still several cases like the one we have just seen.

So take note, those of you who want to post in this thread. It is not self-moderated but if it is low quality it will be reported to moderation and your manager to decide whether to pay you for that post.

On another note, after yesterday's dip we are again approaching $0.1M per bitcoin, being at $0.0992.

The downturn is likely due to selling those who will then buy back at $150K or higher. Or as Adam Back said, to move bitcoin from weak hands to strong hands.
legendary
Activity: 2758
Merit: 1228
December 06, 2024, 08:03:16 AM
#64
Bitcoin will hit $100k sooner or later and that is inevitable as we are already very close to that target, but thinking about the prospect of Bitcoin hitting $1 million is another matter.

I noticed you mentioned yesterday, but I was too busy in real life and I wasn't able to come back to the forum. So, I want to ask where were you when Bitcoin reached 100K yesterday? didn't you check the price yesterday when you posted that? Bitcoin is below 100K right now, but it was over 100K the whole day. So, I assume you were shit posting. Bitcoin won't have to wait to reach 100K but it already touched that magic figure. I expect you to check the market price when you write a post.  Wink

I guess he's not paying attention on current news happened and he just post like that without verifying everything what he said.

Most likely he is just shit posting since we can totally see that everything he write is just pure nonsense. Since if he just do a research or at least get updated with latest event for sure he would never say something like that.

Anyways there's still long way to go and before $1m reached hopefully by next year we can see bitcoin to cross at $200k.
hero member
Activity: 462
Merit: 767
Instant cryptocurrency exchange with own reserves!
December 06, 2024, 07:45:42 AM
#63
Bitcoin will hit $100k sooner or later and that is inevitable as we are already very close to that target, but thinking about the prospect of Bitcoin hitting $1 million is another matter.

I noticed you mentioned yesterday, but I was too busy in real life and I wasn't able to come back to the forum. So, I want to ask where were you when Bitcoin reached 100K yesterday? didn't you check the price yesterday when you posted that? Bitcoin is below 100K right now, but it was over 100K the whole day. So, I assume you were shit posting. Bitcoin won't have to wait to reach 100K but it already touched that magic figure. I expect you to check the market price when you write a post.  Wink
hero member
Activity: 3010
Merit: 794
December 05, 2024, 08:08:15 AM
#62
Come on guys, the price is still very cheap, it's only $0.1M now, you can keep buying. In a few years it will happen as it has happened repeatedly in bitcoin history, that people will wish they could have bought at a price as cheap as $0.1M per bitcoin.
Here's the possible scenario if this one happens $1M/coin.

1. People will be accumulating on this peak price and hoping for $10M price per coin
2. Having those sleepless nights due to missed out opportunity on buying on $100k
3. Waiting up for that extreme crash or correction.

We have seen on how people did these things when price is playing around on $10k per coin. Now that we have reached out $100k then
what would be the other reasons that other people been seeking for them to get convinced that they should accumulate more Bitcoins on whatever the price they will
really be that getting in? People are really just that too afraid to risks on investing into it, if they do then they do easily get shaken whenever the price do make out some 5-10% correction. lol
full member
Activity: 174
Merit: 101
December 05, 2024, 07:40:26 AM
#61
My body is ready
hero member
Activity: 462
Merit: 767
Instant cryptocurrency exchange with own reserves!
December 05, 2024, 01:13:56 AM
#60
Come on guys, the price is still very cheap, it's only $0.1M now, you can keep buying. In a few years it will happen as it has happened repeatedly in bitcoin history, that people will wish they could have bought at a price as cheap as $0.1M per bitcoin.

Quoting for future reference.  Wink

It's incredible how the market escalates too fast. I am being honest; I thought it would take us a few more weeks to break the hundred thousand dollars because the market was moving sideways for the last couple of days. We were at 99K+ but were not able to reach 100K. Since then, the market has even come back to 93K a couple of times. It was probably 95K when I last checked, and the market was normal. I just woke up this morning and got a notification from a CEX app that Bitcoin reached 100K. I hope I will see another notification in the morning that Bitcoin has touched a million dollars.
legendary
Activity: 1372
Merit: 2017
December 04, 2024, 10:37:22 PM
#59
Come on guys, the price is still very cheap, it's only $0.1M now, you can keep buying. In a few years it will happen as it has happened repeatedly in bitcoin history, that people will wish they could have bought at a price as cheap as $0.1M per bitcoin.
legendary
Activity: 2898
Merit: 1823
December 04, 2024, 03:26:19 AM
#58
I think we’re likely to see a quarter million dollar Bitcoin next year. There are those who think we could see as high as half a million per BTC. Not many are predicting 7 figures next year though. Personally I would bet on that happening in 2033, but you never know how enthusiastic the market can get if things start to bubble.


I'm very confident that that's MORE than likely to be reached during the current cycle. It's the price-point of $500,000 that's "likely". Although I'm not very confident that Bitcoin could hold those price-points for a long amount of time. I believe it could surge to probably $500,000, then crash to $100,000 or lower, but perhaps not lower than $70,000?

Buyers of Bitcoin during 2023 will have a very "relaxing" bear market. Cool
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
December 04, 2024, 01:51:51 AM
#57
I think we’re likely to see a quarter million dollar Bitcoin next year. There are those who think we could see as high as half a million per BTC. Not many are predicting 7 figures next year though. Personally I would bet on that happening in 2033, but you never know how enthusiastic the market can get if things start to bubble.
hero member
Activity: 462
Merit: 767
Instant cryptocurrency exchange with own reserves!
December 03, 2024, 11:25:44 PM
#56
it's just like some people I know currently who've set their target of selling for when Bitcoin gets to 100k, and it makes me wonder if they think 100k is the highest figure Bitcoin could attain. Well, if they've been holding for over 4 years and more then it's their choice to sell some portions of their coin if not they'll be making a very big mistake if they sell at 100k, Bitcoin’s potential is not something that should be surprising to anyone, it would get past 100k and even 1M but above 100k is more realistic currently than 1M, maybe just maybe we'll see it get to 1M in 10-20 years time.

I see somewhere in a post that someone said 100K is just a checkpoint. It is not the maximum price could reach. I agree with that and I guess I also said a similar thing in another thread. The thing is, we did not understand how Bitcoin works and how the market price fluctuates. It took me a long time to understand why the price increase and when and why it decreased in price. Once I understood the point, I started saving my Bitcoin. I wish I had known more about it before. I knew Bitcoin as a cryptocurrency only which can be used to pay for services and that's it. But I did not really believe that Bitcoin could reach 100K one day. Which is now happening and the next target is much bigger than before.
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