Topic: Will Bitcoin hit $1 million? - page 4. (Read 783 times)
1 million $? it could be possible I guess but not in 2020. More like 2025 or plus. 1 million is a lot of money
1/3 of all the money in the world? This is truly unlikely. And the price of 1 Million $ is quite unlikely too. On the other side, are there really limits to madness in this world? 
Cryptocurrency Pioneer Casares said, "Bitcoin and blockchain have captured people’s attention because they view it as an “interesting experiment and If it works out, it could change the world more than the internet changed it,” then 1 BTC will be worth $ 1 Million.
Source: https://www.ccn.com/one-bitcoin-will-be-worth-1-million-says-cryptocurrency-pioneer/
Source: https://www.ccn.com/one-bitcoin-will-be-worth-1-million-says-cryptocurrency-pioneer/
I find it very difficult, I see today bitcoin is still difficult to get up. and it will take a long time to recover. whereas currently bitcoin is just a bit. but probably because the volume and spreading have not increased, so bitcoin is still below.
but we'll see from mid 2018 until the end of 2018, because many people speculate that bitcoin will reach $ 50000 by the end of 2018. and if it happens, then in the next year will reach $ 1M.
but we'll see from mid 2018 until the end of 2018, because many people speculate that bitcoin will reach $ 50000 by the end of 2018. and if it happens, then in the next year will reach $ 1M.
that's a claim by John Mcafee and James Altucher and we never know cause that's only a prediction, i think it is possible but it will take long time. that's 1/3 money in the world and it should be legalise in all nation, then it will reach $1 million.
I think that bitcoin will still reach this cost, but this period will be more than 2 years. It is very difficult to name the date exactly. We all know that bitcoin is very promising, but when it reaches a certain price it is impossible to know.
If it hits that wonder what the transaction fees would be lol
I shudder to think about what fees we would be paying by then, but if the value is relative to the fees then the fees should have gone down by now but it still the same though it is slightly lower than previously but still nonetheless high in my opinion. 
Maybe this an informative game from McAfee and Altucher. In order to influence public opinion, as well to believe that Bitcoin will hit 1 Million Dollars after 2 years. Also it is expected that their objective is to fame this currency , with a view to effect on many users to buy a large amount of Bitcoin. Because these two businessmen are invested a large proportion of their money in Bitcoin ( If that happens, the price will rise and their profits will be huge).
Nothing is impossible in this world of cryptocurrency, moreover with a decentralized system so that all prices will depend on the users or supply and demand. If come many users and they interested to invest in this bitcoin this situation will make the bitcoin price will be higher. And if all the countries in the world accept bitcoin as payment I always wait for that.
Keep in mind, a few days ago one of the biggest companies in the world that's Microsoft announced that they do not use bitcoin as a transaction tool because with the reason slow transaction process and high transaction fee so they do not use it anymore.Thus the bitcoin price decreases, at all time I believe bitcoin price will reach a higher price, but we should note, can the bitcoin system satisfy its users?
Keep in mind, a few days ago one of the biggest companies in the world that's Microsoft announced that they do not use bitcoin as a transaction tool because with the reason slow transaction process and high transaction fee so they do not use it anymore.Thus the bitcoin price decreases, at all time I believe bitcoin price will reach a higher price, but we should note, can the bitcoin system satisfy its users?
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.
You know how far $1 Million still is? I think this is just a baseless claim. For a market of 20 Trillion dollar we need almost every person of the planet to come and invest atleast $2857 into bitcoin on an average. Do you really think we will be able to achieve such a per capita average this soon?? I don't really think of such an imaginable scenario. Once everyone will enter bitcoin it will just stabilize somewhere. $1 Million is big dream. 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.
I don't know. He did say he would eat his sick if he was wrong lol
That's such a bullsh*t way of trying to make believe their words.
For Bitcoins to reach that level, it should either be started being taken as an asset and not a currency, because it will never achieve the occupation of a currency because of its liquidity. Value of Bitcoins will now depend on the intervention of Governments and how people react to it, which is why no new investors are getting into it the way they were doing it before. The developers really need to come up with something that could scale Bitcoins, until which it will not rise in the style we want it to be.
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.
man this is some big news you have here. although it may seam a bit impossible looking at the price now, i think it can really happen when we look at the last trend of bitcoin december last year. that is, if it so should happen that it would follow the last year's trend.
bottom line is, no one can really tell for sure what will happen to the crypto world the next day or beyond that. anyone's predictions may only be as good anybody else's guess. anyone telling you that they are sure is either delusional or lying to you.
by the way, great way to advertise your telegram channel. lol.
It will take at least 5 years to reach that mark. Very few people will have the patience for it.
It is too much difficult to determine which will be held in future and how much price will be. But it is predictable that BTC has good future and it will be high and high. But in near future btc will hit $1 million.
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.
Anything is possible. Let's wait and see
As much as I will be glad to see Bitcoin to 1 million, I don’t think it will happen in 2 years realistically.
To make this happen, the capitalization of cryptology should increase a hundredfold. But this will take at least 5 years. 2020 is a bit early.
Two years from now? Could you imagine the schizophrenic seizure the blockchain and current system of mining farms would have with that level of transactions happening every day? LOL
Think about it logically, bitcoin couldn’t keep up with a $20k value which caused more than a 200k transaction backlog in the mempool. At that rate bitcoin was making roughly 5 transactions a second. At a $1mil price, all other things equal, that would be a 50 fold increase in the number of transactions. That’s 250 transactions a second with 10 million transactions stuck in the mempool regardless of the fee. ROFL
Think about it logically, bitcoin couldn’t keep up with a $20k value which caused more than a 200k transaction backlog in the mempool. At that rate bitcoin was making roughly 5 transactions a second. At a $1mil price, all other things equal, that would be a 50 fold increase in the number of transactions. That’s 250 transactions a second with 10 million transactions stuck in the mempool regardless of the fee. ROFL
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 $60 trillion, or 1/3 of all the money in the world.
Too crazy to happen? What do you guys think?
-
-
-
@charteroakpublic
- a Telegram group with leaks from premium sources like Palm Beach confidential and more.
stop dreadming like that man, even rightnow, bitcoin is still having a very hard time to reach 20000$ much less 1 million, from now to 2020, bitcoin will only reach 50000$ is top, i don't think reach higher is impossible but face the fact that bitcoin will take a very long time to reach 1 million, while bitcoin is still very fluctuative around 11000$ rightnow. 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 $60 trillion, or 1/3 of all the money in the world.
Too crazy to happen? What do you guys think?
-
-
-
@charteroakpublic
- a Telegram group with leaks from premium sources like Palm Beach confidential and more.
No, I don't think it can ever go so high. I mean it can but it would be pretty hard and might take forever to reach there. It might keep on increasing till like 100k$, but even that would take alot of time. Also, after the drop which happened recently, alot of people would have suffered from loss(the panic sellers of course), and I don't think most of these people would invest again, so the number of people investing would be less. So, I don't think bitcoin might ever reach 1M USD.
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