Topic: Will BTC hit 1M ? (Read 1752 times)

We can certainly employ Bitcoin for the future. 15 to 20 years is a long period of time, many families save for their future development, and they continue to save for a long time, such as saving for a better future for their children or saving for a long time to build a house for themselves. Usually such savings are made for a long time. We can definitely keep this savings in Bitcoin. It will be more profitable for us, other people who save money in bank or anywhere else their money stays the same at the end of the year, but if we invest this money in Bitcoin for future we can get 4x or 5x more return than our expected amount of money. Because over time, the price of Bitcoin will slowly increase, because the demand for Bitcoin is increasing day by day. So just keep faith and hold bitcoin for long period it will give you profit for sure. Which will be much bigger than your expected amount of money.

Very likely that we might see it even earlier than expected. Why? because of trade war and inflation that's increasing year by year.

IMHO, there's something to do with the inflation for Bitcoin to keep on moving to another better pricing.

With the combination of it being a deflationary asset + halving + etfs + inflation = $$$$$ and I hope it happens the $1M.

To reach 1M it will probably take longer, maybe 15-20 years (or it could be faster than that). But I personally don't focus too much on that, because Bitcoin has been around for 15 years now, so waiting until a few more years might just be a blink of an eye. The point is how holders should not only focus on the price of Bitcoin, but how they can maintain the security of their asset and consistently invest in it - and not stupidly sell the Bitcoin they hold at a loss, just because they are not sure that its value will increase. So patience plays an important role in this matter.

Well, whether good news or events will trigger Bitcoin or not, the $1m worth is too inflationary, I do not think this will ever happen. It will even further show the unseriousness of Bitcoin and cause more laughter on the cryptocurrency. Many of you might be looking at the value alone and what it can do for you but this value may not be a reasonable worth in the end. This may even be a reason why the government will now focus their beam on it again and find the means to compress it just like Gold in order to curb some excesses.

Have you ever wondered why Bitcoin is close to $70,000 with a market cap of almost $1.4T, while Gold is at around $2345 with a market capitalization of almost $16T, which is more than 10 times greater than the market capitalization of Bitcoin? The reason is what I mentioned, it is a compressed commodity asset and it happened because the government planned it well from the beginning so that it would not cause inflation and too-high economic disparity.

But who planned Bitcoin to be cautious this way? No one. People are just interested in the money to be made from it. Regardless, I do not think it can bless people to the point that 1BTC will now be worth $1m, at least, not in the next 10 decades.

But in the realm of possibility, I say yes, it could be achievable. And it might take at least 3-4 halvings, so perhaps in the next decade or so. But for now, we can all speculate that $100k is the next target for us.

And maybe next it will double our all time high for his bull cycle. So in any case, one thing about this market is that it is unpredictable and we can only know once we got ever there. But it's free to do our own analysis of the market.

$1 million is a pretty high price for anyone to hope for and it's certainly not likely to happen any time soon, as most people are expecting $80K to $100K in Bitcoin with a timeline until the end of next year. And this range is also the next ATH level which is more logical for everyone to expect if the level of demand and supply in the market can continue to increase this year for Bitcoin. Because I am also quite sure that price changes in Bitcoin will continue to occur significantly, although we also have to pay attention to corrections because that is also part of price changes in Bitcoin.

Yes no one knows for sure when that will happen in fact it was predicted to be reached at the halving four years ago but the price couldn't even get past $70k, and $1million is a very high number, I don't think it will even be reached this year or next year , in my opinion the highest price after the halving is 3-4x of $65K, so patience is needed for those who want to sell Bitcoin which they have saved at 1 million dollars, but if we buy when the price is still thousands of dollars then it shouldn't be a problem to wait for the price to be higher or even if you sell it, there should no longer be any regrets because the profit is already large, and your patience in saving it for a long time has paid off.

Well I do think we can see price of 1 million for each Bitcoin. But this is not going to happen so fast. We need to take the small steps for us to get there.

I do think we are in a 'bullish market' right now. Bernstein which is a $725 Billion asset manager thinks price of Bitcoin will be $90k in 2024 and in 2025 150k. And it does think ETF market will be $450 Billion.

https://www.crypto-news-flash.com/bernstein-bitcoin-and-ether-etfs-to-grow-to-450-billion-with-bitcoin-price-at-150000/

The price of Bitcoin is uncertain, as no one has been able to tell exactly when it will rise and fall in price until today. Looking at the past price, of course it can do a million stars in the future, not basically a million dollar issue but it will have to wait until two halvings for now.

Because of the halving in 2024 and its price increase next year in 2025, it will most likely go from $100k to $150k. But it will gradually grow and spread this Bitcoin among the mass investors all over the world.

Even on trying out to predict on what would be the price in tomorrows or in the next hour or month which its already that hard for you to predict on such thing on which trying out to predict on what would happen in next 15-20 years would really be even more or something that will really be that impossible. Somewhat due to that kind of positive towards Bitcoin then it cant really be avoided that people would really be making out those kind of predictions on which they do even reached out with those high numbers which are actually that absurd or something which is really that something delusional but since we do know on how this market works or behaves
then we could really be able to tell that this is something that could possibly happen.Bitcoin never fails to impress or giving out that kind of shock specially if it would really be reaching out new all time highs.

Predicting out about $1M per coin then trying out to make calculations on how much the marketcap would be then this is something that will really be needing up that global adoption scale on which
recognition and integration is really that needed at this point to reach up this kind of condition which is of course it would really be that so hard to believe on achieving in a short time
or wont really be that happening at all.

There is a lot of changes 15 to 20 years is very long time we don't know what will going to happen that time it is so hard to predict bitcoin may go up if it will continue rising  based on thier past price rising from year 2009 till present, if it will continue it will reach more ATH in next 20 years from now but 1m$ is i think so high, no one knows about it.

Bitcoin is a very nice investment but it is not compulsory that someone must or should invest in Bitcoin for there children future there are other investment outside Bitcoin or outside crypto that are also very nice and most of them is even better to invest in than Bitcoin cause in Bitcoin
 investment you will have to be extremely patient in order to make a good profit. Investing for 10-15 years is not bad but the issue is can you wait till then without going to touch your investment unless maybe you have other things that will keep you going making you not to go touch your investment. You must be dreaming big for saying that from the Bitcoin rainbow chart it will hit $1m in future, hitting $1m is possible in the future but that shouldn't be our concern now rather we should be accumulating it so that when it will hit that amount will we be among those that will give testimony.

Will bitcoin reach $1m, no one can say that either yes or know, but we expect that over time, it should get to that rate because it has always been increasing in value, bitcoin is what we know to be the desire of what the people want, and this is because it has the provision to the answers needed for it to make a new all time high as the value increases with time, also, the network remained ever secured, all this together with halving could give more reasons what we should expect for bitcoin to reach up to that.

Bitcoin price targets should be phased in and deposit targets set accordingly. Or if it's a question of timing rather than value then the $1M assumption might be correct. We're still a bit away from $100k though. But we can arrange our investment plan in two ways.
First of all taking care of holdings including increasing the size of our stash by setting a main target of $100k worth of bitcoins. Here the goal of accumulating bitcoins is to focus on value rather than time.
Second, if the $1m target is met, it may be years away, but it can be assumed that it will be touched in the future. But if one is successful initially then it is easier for him to set the next goal.

not because we are not breaking 100k meaning we are far from 7 digits because this coin can hit
something high without our expectation time  meaning there is a surprise elements always attached in
bitcoin because we have seen how many time that bitcoin makes its All Time High in not expected moment.


Timing is what we always wanted to take when investing here , bitcoin is a hard to predict
crypto but we also knew that it will have increase in time(its thetime that we cannot get perfectly)

It is not easy to determine the certainty that will be achieved as long as Bitcoin cannot move to increase through the usual stages for this year and next year when it is estimated that ATH will be formed.
Bitcoin's habit after the halving period, which is 4 years, will always increase to form a renewable ATH and 2025 will be the second ATH in the current period and is beyond predictions. To be able to achieve what they want. I think it's the same as you, not now, but there will be 4 or 5 more halvings, then it can be fulfilled.

If the economic of your country is very good, you can do that by investing for your children to get to 18 or 20 years before they can sell the BTC to make big money that will make them wealthy in the country, but if the economic is not good, it will going to affect you negatively which it will make you to withdraw the money before the price of BTC hit $1m in the future.

No doubt about the $1million in the future because demand and supply are still functioning in the industry, which they  will surely make the bear run and the bull run to always  occur for a particular season for people to use the opportunity to position themselves for future purpose.

When you look at where BTC is coming from and where it is now, you will know that it will going to hit above $1million in the future, and it will be good for people to start saving money in BTC to earn big when the price comes to reality.

We are very far from the value of 1M now because we don't have reached to 100k$ now and it seems that 100k$ will definitely take a lot of time so you can easily think that 1M will definitely take lots of years.

We can just wait for the proper timing but we cannot identify about the proper timing therefore if someone wants to get profit from the worth of 1M then he should hold for numerous years and there are no predictions of how many times it will take to reach to 1M. First of all we are waiting for 100k$ if it becomes possible then the next target will be 1M.

because if the government will kick their policy against Bitcoin then for sure that will hinder bitcoin in reaching a million dollars .
yeah you are correct because bitcoin grows without complete support from each government but remember because those government did not run against bitcoin but if they will go together then that will be the reason why bitcoin may not hit that million.

This is the question of a lifetime , because it seems to be no specific year when we will be hitting this but once bitcoin step into 100k and above then that is the sign in which we are nearing to deal with 7 digits value .we have been seeing increase for bitcoin every 4 years and its getting higher and higher each time.
if this event will continue then we will be making a million dollar price in the next couple halving.