Topic: Will Bitcoin hit $1 million? (Read 850 times)
Nobody expected the price of bitcoin to reach $19149 in December last year.at the end of the year Bitcoin surprised the world's population.Similarly I think Bitcoin's price is likely to increase $1million by 2020.
I don't think it will be possible for bitcoins to hit 1million usd anytime soon or even in the future. Even now it is struggling with the price of 10,000 USD. There are many alternative currency available which is competing with btc and it makes it not likely to get near even 100,000 usd.
Both John McAfee (creator of the antivirus program) and James Altucher (entrepreneur, hedge fund manager and author) have made a claim that BTC will hit $1 million by the end of 2020.
That means that the market cap will be about $20 trillion or so. If BTC is 33% of the entire market, that means the cryptocurrencies market will be a whopping $60 trillion, or 1/3 of all the money in the world.
Too crazy to happen? What do you guys think?
@charteroakpublic
- a Telegram group with leaks from premium sources like Palm Beach confidential and more.
That means that the market cap will be about $20 trillion or so. If BTC is 33% of the entire market, that means the cryptocurrencies market will be a whopping $60 trillion, or 1/3 of all the money in the world.
Too crazy to happen? What do you guys think?
@charteroakpublic
- a Telegram group with leaks from premium sources like Palm Beach confidential and more.
It seems to me something absolutely unreal given the current market conditions, however the bitcoin has been characterized by defeating again and again all its detractors, making them bite the dust in the most humiliating way.
I have no doubt that bitcoin still has a lot of room to improve and grow, but we must take into account that now also faces a fierce fight with a lot of highly competitive altcoins that seem to be snatching more and more space in the market.
Anything can happen and no surprise if this happens. It's possible with crypto that can teach the value said. Adaptions are happening and too many good news are in line which is the cause of price hike. The upcoming World Cup would support the crypto currencies value grow. So there are possibilities for the $1m.
Well i don't think that Bitcoin market value will ever reach such height and i think with such speculation, Bitcoin is over value by who ever believe in such speculation.
It cannot hit $1m for bitcoin market in just 2 years, many predictions goes and existing it will true once it reach. Time pass by same also with bitcoin price it is really volatile. If demand boom in crypto market I can say bitcoin price will increase but we do not know indeed when. I have reading the same comments here and on many other places. When some people predicted $10000 many laughed at that, but look at
the people opinion now.
Two year is a too short period for price to jump so high! It`s probably possible if we some big Bitcoin adoption in more then one big country
and many small ones. If countries do that major and small companies will follow, to not talk about individuals that will recognize what is better
for each of them.
I think Bitcoin have a chance to hit that $1 Million! There is hope in me and I will hold as long as possible, maybe Bitcoin will make me a millionaire
one day.
Well i don't think that Bitcoin market value will ever reach such height and i think with such speculation, Bitcoin is over value by who ever believe in such speculation.
It cannot hit $1m for bitcoin market in just 2 years, many predictions goes and existing it will true once it reach. Time pass by same also with bitcoin price it is really volatile. If demand boom in crypto market I can say bitcoin price will increase but we do not know indeed when. 
As completely fucked as world inflation is, I expect a loaf of bread to eventually hit a million. Bitcoin will too, eventually.
$ 1 million bitcoin price? I see this as a joke, but I hope it will happen.
You will see many rich people after that.
You will see many rich people after that.
with limited supply may be bitcoin will cost $ 1 million, but it will not happen in the near future.
too early if we talk bitcoin prices will reach $ 1 million, it could happen but it takes a long time. maybe it will happen to the next generation.
Well i don't think that Bitcoin market value will ever reach such height and i think with such speculation, Bitcoin is over value by who ever believe in such speculation.
It cannot hit $1m for bitcoin market in just 2 years, many predictions goes and existing it will true once it reach. Time pass by same also with bitcoin price it is really volatile. If demand boom in crypto market I can say bitcoin price will increase but we do not know indeed when.
Yes, but before it, there will be a lot of State opression, backed by the nocoiners, which will be the majority. Governments will do their most to take the coins from the users, since without control over money, they dont control anything.
Wences Casares predicted 1 million between 2022-2027. I think something between 2025 and 2027 is more accurate. But I have to say, that I'm fearful about it, because in this scenario, any dump from a dozen whales can bring down entire countries.
Bitcoin needs to have a wider distribution, and thats why people should not cry during these bear markets. They are a chance for new blood to jump in. But we cant have new blood with the current KYC bureaucratic model, we need decentralized exchanges, with some degree of privacy.
Since the persecution is inevitable, my guess is that the whales will awake to the need, in the future, to have a place only for bitcoiners. I read this piece of fiction here: https://www.reddit.com/r/Bitcoin/comments/1lfobc/i_am_a_timetraveler_from_the_future_here_to_beg/ and I find the mention of "citadels" very interesting. Whales which will become trillionaries will want to build places like that.
Wences Casares predicted 1 million between 2022-2027. I think something between 2025 and 2027 is more accurate. But I have to say, that I'm fearful about it, because in this scenario, any dump from a dozen whales can bring down entire countries.
Bitcoin needs to have a wider distribution, and thats why people should not cry during these bear markets. They are a chance for new blood to jump in. But we cant have new blood with the current KYC bureaucratic model, we need decentralized exchanges, with some degree of privacy.
Since the persecution is inevitable, my guess is that the whales will awake to the need, in the future, to have a place only for bitcoiners. I read this piece of fiction here: https://www.reddit.com/r/Bitcoin/comments/1lfobc/i_am_a_timetraveler_from_the_future_here_to_beg/ and I find the mention of "citadels" very interesting. Whales which will become trillionaries will want to build places like that.
Both John McAfee (creator of the antivirus program) and James Altucher (entrepreneur, hedge fund manager and author) have made a claim that BTC will hit $1 million by the end of 2020.
That means that the market cap will be about $20 trillion or so. If BTC is 33% of the entire market, that means the cryptocurrencies market will be a whopping $60 trillion, or 1/3 of all the money in the world.
Too crazy to happen? What do you guys think?
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-
-
@charteroakpublic
- a Telegram group with leaks from premium sources like Palm Beach confidential and more.
If the rise of high demand in Bitcoin will drive its price then it is possible to reach that price. Maybe it will happen but not in 2020, for me its unrealistic its a crazy bet for McAfee a $100,000 per Bitcoin maybe close to reaility. That means that the market cap will be about $20 trillion or so. If BTC is 33% of the entire market, that means the cryptocurrencies market will be a whopping $60 trillion, or 1/3 of all the money in the world.
Too crazy to happen? What do you guys think?
-
-
-
@charteroakpublic
- a Telegram group with leaks from premium sources like Palm Beach confidential and more.
Well i don't think that Bitcoin market value will ever reach such height and i think with such speculation, Bitcoin is over value by who ever believe in such speculation.
I think bitcoin will hit 1 million dollars. There are many rumors stating US dollar may lose reserve status in trades. Countries started experimenting with different reserve notes.. This may pretty much reach some point where everyone starts using crypto, meaning bitcoin.
We don't say this possiblities because 1 million dollar is really big money so this is not possible in future. I think all the countries are implementing the Bitcoin Legalization in future and price also maintain in future so we don't expect the big pump in future but some standardise value is fixed in the market. 
It cannot, imposible for bitcoin to hit that super high price.
It is possible but the possibility is very low now. We've riding these high speculations and so gullible to believe that it will and after I knocked my head off, I woke up in real world that I might not able to see it or if it will I have few bitcoin on hold by that time or how I wish I still have some left.We know bitcoin is already known worldwide and new adopters are entering the world of crypto but it doesnt mean that it will hit that price.
You have the point, there will be massive growth but hitting $1,000,000 is still questionable.I think that $1 million is way too much for bitcoin in 2020. It is possible to hit that number but 2020 is just too soon.
There are still quite a lot of panic sellers believing in FUD-causing speculations which contributes mainly to the dip of the value.
Though I don't know, bitcoin is really unpredictable.
Bitcoin is unpredictable indeed so we do not know how much bitcoin will hit by year 2020. But some already said bitcoin price can hit the high price this year 2018. The actual price is we do not know yet since it is unstable. Maybe it is not possible to hit $1m so we should be observe then. There are still quite a lot of panic sellers believing in FUD-causing speculations which contributes mainly to the dip of the value.
Though I don't know, bitcoin is really unpredictable.
I think that $1 million is way too much for bitcoin in 2020. It is possible to hit that number but 2020 is just too soon.
There are still quite a lot of panic sellers believing in FUD-causing speculations which contributes mainly to the dip of the value.
Though I don't know, bitcoin is really unpredictable.
There are still quite a lot of panic sellers believing in FUD-causing speculations which contributes mainly to the dip of the value.
Though I don't know, bitcoin is really unpredictable.
Both John McAfee (creator of the antivirus program) and James Altucher (entrepreneur, hedge fund manager and author) have made a claim that BTC will hit $1 million by the end of 2020.
That means that the market cap will be about $20 trillion or so. If BTC is 33% of the entire market, that means the cryptocurrencies market will be a whopping $60 trillion, or 1/3 of all the money in the world.
Too crazy to happen? What do you guys think?
-
-
-
@charteroakpublic
- a Telegram group with leaks from premium sources like Palm Beach confidential and more.
That means that the market cap will be about $20 trillion or so. If BTC is 33% of the entire market, that means the cryptocurrencies market will be a whopping $60 trillion, or 1/3 of all the money in the world.
Too crazy to happen? What do you guys think?
-
-
-
@charteroakpublic
- a Telegram group with leaks from premium sources like Palm Beach confidential and more.
Like you said, too crazy to happen. It's ambitious and actions like these make it hard for people to understand the true value of cryptocurrencies or blockchain technologies, as they limit it to only monetary functions.
too late for us
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