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Topic: When bitcoin will hit $1 million ! - page 4. (Read 1013 times)

sr. member
Activity: 2828
Merit: 344
win lambo...
September 01, 2019, 06:42:50 PM
#63
We'd love to see such price but thinking when it happens? Nobody could answer it directly, only we have speculations that not meant to be at 100% assurance.
But anyway, I found Bitcoin become a valuable coin in the market have to say that $1mil is much and really hard to reach. Even though we think that the market demand will be getting higher in the future but I'd never feel $1mil become a realistic one.
hero member
Activity: 2660
Merit: 551
September 01, 2019, 03:59:26 PM
#62
Right now, cost of mining is around 5-6 thousand dollars which is why I doubt it will go under that any time soon (though last time bitcoin went under it was around 5.8k to mine a bitcoin and it still went under and then many miners stopped mining which caused the difficulty to go down and made it cheaper so its never a certain thing) which means it will be around 10-12k in the next halving at 2020 and after that it will turn to 20-25 easily and with increasing difficulty I am sure it will be around 30k to mine a bitcoin.

In addition to that we also have the hash war between BCH and BSV and I think miners either switch on the two that's why the price goes down and so as the hashing power. But as soon as the dust is settled, we come back, recovered some and now seen the price touching 5 figure mark. So certainly, there's a possibility in the future to hit another all time high if we go on the logic of block halving and cycle repeating itself in the ecosystem.
legendary
Activity: 3318
Merit: 1128
September 01, 2019, 11:58:40 AM
#61
Right now, cost of mining is around 5-6 thousand dollars which is why I doubt it will go under that any time soon (though last time bitcoin went under it was around 5.8k to mine a bitcoin and it still went under and then many miners stopped mining which caused the difficulty to go down and made it cheaper so its never a certain thing) which means it will be around 10-12k in the next halving at 2020 and after that it will turn to 20-25 easily and with increasing difficulty I am sure it will be around 30k to mine a bitcoin.

This is why I think in 2025 it is quite obvious that price will be over 30 thousand dollars, that is x3 in 5 years, not a bad deal if you ask me but whoever you ask will tell you to be careful. People are easily putting billions into stocks we have no clue about but when there is x3 chance they are afraid.
sr. member
Activity: 1204
Merit: 272
1xbit.com
September 01, 2019, 11:45:15 AM
#60
I have a very interesting theory about when exactly bitcoin will hit $1 million.

I said everything in the video, I'm sure you will like it.

It's not an investment advice, but just an observation from me, after following bitcoin for more than 5 years.

Please watch the video here and tell me what do you think :

https://3speak.online/watch?v=clixmoney/hjimplyn

You need to understand Op, how the price affects.
Generally the price of something becomes high when the demand is more and supply less.
Same happens with Bitcoin also.
So it will reach 1 million usd gradually in the near future.
And we cannot always rely on predictions.
Hope you understand this.
legendary
Activity: 1652
Merit: 1265
September 01, 2019, 11:24:10 AM
#59
$1 million price of bitcoin  is so impossible to achieve even if bitcoin will live for so long it wont even touched $500k . Maybe around $200k will be the highest price of bitcoin .
It would be possible in hundred years from now. But thinking where we are at that time? It probably we are dead already.

I just wondering why we should have to go that far. Do we think that there is someone could resist using their BTC to pay bills and buying stuff? No, it looks not right. But anyway, we are just speculating what would be the future of Bitcoin, if that will happen then we accept it. If you have 1BTC in your wallet, consider yourself as one of the richest people in the world.

BTC is like whisky. It gets better the longer you hodl it.
full member
Activity: 1316
Merit: 126
September 01, 2019, 07:01:40 AM
#58
$1 million price of bitcoin  is so impossible to achieve even if bitcoin will live for so long it wont even touched $500k . Maybe around $200k will be the highest price of bitcoin .
It would be possible in hundred years from now. But thinking where we are at that time? It probably we are dead already.

I just wondering why we should have to go that far. Do we think that there is someone could resist using their BTC to pay bills and buying stuff? No, it looks not right. But anyway, we are just speculating what would be the future of Bitcoin, if that will happen then we accept it. If you have 1BTC in your wallet, consider yourself as one of the richest people in the world.
hero member
Activity: 1946
Merit: 502
August 31, 2019, 09:48:39 AM
#57
$1 million price of bitcoin  is so impossible to achieve even if bitcoin will live for so long it wont even touched $500k . Maybe around $200k will be the highest price of bitcoin .
hero member
Activity: 2548
Merit: 572
#SWGT CERTIK Audited
August 31, 2019, 05:17:17 AM
#56
The prediction is quite realistic though, $1 million bitcoin price in 2025 means a lot of years from now.
It's 25 years man and for those who believe in your prediction, they should start saving or investing in bitcoin now.
1 BTC is good enough for the future, so it should be treated as a long term investment.

Even for 10 years time, I think it's manageable to save at least 1 BTC, the movement of bitcoin is not only one sided, it usually fluctuate and sometimes it will dump, so the best technique to follow is always find a great timing to buy.
Btw 2025 means it is only 6 years from now right. Maybe $1m bitcoin still really high if in that time. If my prediction if halving really success, maybe in next 2 halving event it can reach $50k because a lot of people will start to hold bitcoin and if there are no serious problem, bitcoin price have high chance to reach new ATH.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
August 31, 2019, 04:00:29 AM
#55
The prediction is quite realistic though, $1 million bitcoin price in 2025 means a lot of years from now.
It's 25 years man and for those who believe in your prediction, they should start saving or investing in bitcoin now.
1 BTC is good enough for the future, so it should be treated as a long term investment.

Even for 10 years time, I think it's manageable to save at least 1 BTC, the movement of bitcoin is not only one sided, it usually fluctuate and sometimes it will dump, so the best technique to follow is always find a great timing to buy.
legendary
Activity: 1652
Merit: 1265
August 31, 2019, 01:31:03 AM
#54
Just trying to be safe and I don't want to click a link that I'm not very familiar.
Same here buddy I am not used in clicking links specially when it comes to random newbies ,since I have a friend that was victimized by phishing links before (but I’m not saying that everything is phishing but it’s better to keep precautions)
Quote
What does the video is all about? can you speak your observation through words in here?  
Also waiting for explanation about what video is all about



But for me hitting Bitcoin to 1 million is next to impossible,and let’s not over expecting because failure will surely follow.

I am enough with $100k for the max bitcoin price


The video just shows that you can rationally think BTC could be $1M in 2025.
This is not absurd but I personally believe we need a few more years.
Ohh thanks for clarifying mate sorry but really I am very safety first person .

Yeah I totally agree on that ,2015 wasn’t enough for crypto to have that huge capitalization so bitcoin can be at 7 digits value.
It will take a while worlds approval and adoption for us to taste this million dollar price in which a dream come true for every people in this community

Remember that we could buy BTC1309 for $1, only 10years ago.
Interpolating that is a 13090000% increase which makes $130B per BTC in 2029  Roll Eyes

So we should not underestimate bitcoin ....

Bitcoin has no obligation to make sense to us.... (modified Neil DeGrasse Tyson quote)
full member
Activity: 1750
Merit: 118
August 30, 2019, 11:53:53 PM
#53
I thought when all countries lost the value of their currencies, bitcoin can hit $1 million, but that is hard to happen because, in the strong country, they are trying to back up their currencies, so it's not dropped or lost the value.
its possible for a local currency to drop but the drop is only small and it can recover imediately to its original value but this event does not mean that they are going weaker or to become replaced by another currencies like cryptos  . before local currencies are invented , they are still the ones that is being used officialy even there are other released payment methods   . i think this will continue on the future  .  on the other hand , its still impossible to predict if when will btc hit 1m usd because the price is pretty unstabe and unpredictable .
sr. member
Activity: 2618
Merit: 439
August 30, 2019, 11:17:02 PM
#52
Just trying to be safe and I don't want to click a link that I'm not very familiar.
Same here buddy I am not used in clicking links specially when it comes to random newbies ,since I have a friend that was victimized by phishing links before (but I’m not saying that everything is phishing but it’s better to keep precautions)
Quote
What does the video is all about? can you speak your observation through words in here? 
Also waiting for explanation about what video is all about



But for me hitting Bitcoin to 1 million is next to impossible,and let’s not over expecting because failure will surely follow.

I am enough with $100k for the max bitcoin price


The video just shows that you can rationally think BTC could be $1M in 2025.
This is not absurd but I personally believe we need a few more years.
Ohh thanks for clarifying mate sorry but really I am very safety first person .

Yeah I totally agree on that ,2015 wasn’t enough for crypto to have that huge capitalization so bitcoin can be at 7 digits value.
It will take a while worlds approval and adoption for us to taste this million dollar price in which a dream come true for every people in this community
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
August 30, 2019, 09:19:01 PM
#51
It is a prediction that has a lot of added value, if we take into account some type of style research in fundamental analysis, we must take into account many economic scenarios, consider approvals and almost legalizations of global mass acceptance, and yet it is difficult, of course As it is possible to reach $ 1M, you can go to $ 1, nothing is written, but based on some world decline or decline in the economy, there are war environments and very strong inflation, it is still difficult to reach that price, I think that if It takes very soon with almost ideal Real conditions it could take about 20 years.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
August 30, 2019, 08:56:44 PM
#50
I have a very interesting theory about when exactly bitcoin will hit $1 million.

I said everything in the video, I'm sure you will like it.

It's not an investment advice, but just an observation from me, after following bitcoin for more than 5 years.

Please watch the video here and tell me what do you think :

https://3speak.online/watch?v=clixmoney/hjimplyn

I thought when all countries lost the value of their currencies, bitcoin can hit $1 million, but that is hard to happen because, in the strong country, they are trying to back up their currencies, so it's not dropped or lost the value. I considering bitcoin as the investment thing and I think people will do the same thing too because they see the chance of bitcoin to help them to make a profit.
hero member
Activity: 1190
Merit: 541
August 30, 2019, 12:36:09 PM
#49
I feel like if bitcoin doesn't get challenged by anything else than we will see one million dollars for sure, right here we are talking about "WHEN" aspect of it but nobody really discusses "IF" bitcoin will hit 1 million dollars.

I do not understand why people think that bitcoin is the last thing we will use as an alternate to dollars or any other fiat currency, bitcoin was created and that is great but that doesn't mean nothing new will be created, and I am not talking about some new crypto currency that will surpass bitcoin, that would be very difficult and will probably not happen ever, no I am talking about something super new that is not even being worked on right now, hell the inventor of it maybe hasn't even been born yet, but eventually something superior to both fiat and crypto could come up. Then we will actually see that hit 1 million for sure.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
August 30, 2019, 09:31:52 AM
#48
I have a very interesting theory about when exactly bitcoin will hit $1 million.

I said everything in the video, I'm sure you will like it.

It's not an investment advice, but just an observation from me, after following bitcoin for more than 5 years.

Please watch the video here and tell me what do you think :

https://3speak.online/watch?v=clixmoney/hjimplyn
Lol you only want to have views on your YouTube videos and also to gain followers and likes even if we talk about impossibilities,try hard brother!!!

And besides I prevent my self from clicking any links shared by non trusted account as my friend got hacked because of those phishing sites or malware stuffs(but I don’t say your one of them .just keep being secured)

Bitcoin will never hit a Million value even if this take a lifetime mate because we have many altcoins that will have a function in future .with that cause for sure people will choose cheaper currency than bitcoin
legendary
Activity: 1652
Merit: 1265
August 30, 2019, 07:40:45 AM
#47
Right now we are struggling to go over 15K, one million seems very far away and frankly not even possible for BTC. And do we even need a currency with such absurd price? It's not good for adoption, only good for those who are already invested in the currency ( of course I perfectly would love this to happen, but speaking objectively it is probably not beneficial for long term development of the crypto market )

 Wink
jr. member
Activity: 38
Merit: 2
August 30, 2019, 07:03:09 AM
#46
Right now we are struggling to go over 15K, one million seems very far away and frankly not even possible for BTC. And do we even need a currency with such absurd price? It's not good for adoption, only good for those who are already invested in the currency ( of course I perfectly would love this to happen, but speaking objectively it is probably not beneficial for long term development of the crypto market )
full member
Activity: 1330
Merit: 147
August 30, 2019, 07:00:14 AM
#45
I don't think it will happen, but bitcoin price is often to suprising me several times. Regualtions factor ware made bitcoin price decreased after we can saw it when the all time high for bitcoin price was reached. Logically bitcoin price can touch the new high price if there is no negative information that came from government at that time because the hype thing was spreaded up until there is many speculation that bitcoin price will have a high price at 2018. But now, seemingly the government have another perspective to make a regulation for bitcoin and most of them are likely accept it to be use with some supervision from them. And I think the bitcoin price will up if the newcomer comes and have a convince that bitcoin is the safe place to store their money but I doubt if its price will hit 1 million.
legendary
Activity: 1652
Merit: 1265
August 30, 2019, 04:55:32 AM
#44
Are you the follower of John McAfee that making a prediction about of Bitcoin to hit 1M?
I didn't watch the video since i don't know it yet but i am more interested about of how did you manage to get the value of 1M in the future?
Bitcoin will reach that price may be within 5 to 10 years from now.

The video just shows that you can rationally think BTC could be $1M in 2025.
This is not absurd but I personally believe we need a few more years.
We might not need years but investments and adoption. Why did you think that time is what matter in bitcoin rising pricing? I don’t think time matters but we just need institutional investors adoption. More people having interest on bitcoin is what really matters and not more years.

Time does matter because the halvings drive up the price because more work must be done to get bitcoins.
And add you say time brings more players to the game that inject money ...
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