If you are predicting bitcoin to hit $1m then you have to state the year which bitcoin will reach that amount but if you are just generalizing it and asking to know if bitcoin will hit $1m that should be a capital letter yes. Because bitcoin is increasing day by and night although the price is not stable and there will be a time that the price will come down and yet it will still go and again. Investing for your children is a good plan too but some people will still against that. Responsible parents even in the normal life use to save money for their children either in the bank or in other savings. And saving for is like Opening their life for them .
Bitcoin is a digital currency so the one we save fit for our children the. We can save bitcoin for them as well.
Topic: Will BTC hit 1M ? - page 2. (Read 1455 times)
For the future, no one knows, although it sounds excessive, but I think that in the long term, 1 million USD is not impossible.
With the current increase, I see quite a lot of positive and even unpredicted things, such as ATH happening faster than many people predicted with a 4 year cycle, but now it's happening faster so I think in the future there will be many more things to come. happened very extraordinary, as did the price spike.
This is not only about whether or not it is impossible for a price to be reached on Bitcoin, but it can also include how long it takes for a price to be reached by Bitcoin. Because the price level that you say is not a very low price level if we look at the current price so it is no longer about impossible but rather about whether or not a price can occur for Bitcoin. For now I'm just waiting for a $75K to $100K price on Bitcoin as I think that's more reasonable to expect in the short term.With the current increase, I see quite a lot of positive and even unpredicted things, such as ATH happening faster than many people predicted with a 4 year cycle, but now it's happening faster so I think in the future there will be many more things to come. happened very extraordinary, as did the price spike.
Regardless of whether it will happen or not, 1 million is a number that is quite far from the current price so I think it is unrealistic to predict at this time.
The price of $100K is quite possible for us to look forward to, because from the positive movement that is happening now, it is possible that after the halving we could see a price of $100K, and I am quite optimistic about that.
For the future, no one knows, although it sounds excessive, but I think that in the long term, 1 million USD is not impossible.
With the current increase, I see quite a lot of positive and even unpredicted things, such as ATH happening faster than many people predicted with a 4 year cycle, but now it's happening faster so I think in the future there will be many more things to come. happened very extraordinary, as did the price spike.
This is not only about whether or not it is impossible for a price to be reached on Bitcoin, but it can also include how long it takes for a price to be reached by Bitcoin. Because the price level that you say is not a very low price level if we look at the current price so it is no longer about impossible but rather about whether or not a price can occur for Bitcoin. For now I'm just waiting for a $75K to $100K price on Bitcoin as I think that's more reasonable to expect in the short term. With the current increase, I see quite a lot of positive and even unpredicted things, such as ATH happening faster than many people predicted with a 4 year cycle, but now it's happening faster so I think in the future there will be many more things to come. happened very extraordinary, as did the price spike.
It is certain that the price of bitcoin will increase, the more one invests, the more bitcoins one can get out of the fit. If you look at the previous halving year 2020, Bitcoin price peaked at $69k in 2021. So currently bitcoin price is 73k dollar, I think 2024 halving bitcoin price will touch 100k dollar. So for now we have to wait till 2032 for it to reach 1 million dollars. That would be possible because the price of Bitcoin is the highest in every Bitcoin cycle.
In every halving year the bitcoin is developing new ATH which means that there will be increase in Bitcoin's price after every four years. Creations of new ATH is not difficult in case of bitcoin and achievement of 1M is also not difficult but everything has a specific timing for happening so we have to wait for such achievement.
As annually there is an increase in price so annually there is also an increase in the number of investors because everyone is in Struggle to be an investor of bitcoin. We don't know that what this halving will bring so I think 2032 is still very far and we don't know that what will be the circumstances of crypto industry at that time so if people believe remains same in bitcoin then surely we will see pump on annual basis.
Actually no one can predict rightly mostly within a long range like 10_20, Bitcoin will stay but no one know if the prediction of bitcoin price will be accurate. Investing for future purpose is right and mostly investing with the right aim like op mentioned, bitcoin investment has to do with time and patience like not everyone will be so willing to wait so most people will prefer to gamble for the short term profit. Bitcoin investment is a perfect example of storing wealth for future purpose, predicting if bitcoin will take over the fiat system is difficult cause I don't think this will happen sooner or later. Bitcoin can be a legal tender but the part when bitcoin will take over every system is difficult
I love bitcoin and the enthusiasm and trust you've got on bitcoin is phenomenal OP but you got to know that bitcoin is a volatile system which means that you've got to be always on the lookout for what's going to happen because things are going to happen and in the time that you've said, a lot of things can happen to bitcoin at that time, I do agree that there's a possibility of a 1m USD bitcoin but we have to be real about things, how would bitcoin be able to do that, it hasn't even reached a 100k yet, small steps.
For the future, no one knows, although it sounds excessive, but I think that in the long term, 1 million USD is not impossible.With the current increase, I see quite a lot of positive and even unpredicted things, such as ATH happening faster than many people predicted with a 4 year cycle, but now it's happening faster so I think in the future there will be many more things to come. happened very extraordinary, as did the price spike.
I love bitcoin and the enthusiasm and trust you've got on bitcoin is phenomenal OP but you got to know that bitcoin is a volatile system which means that you've got to be always on the lookout for what's going to happen because things are going to happen and in the time that you've said, a lot of things can happen to bitcoin at that time, I do agree that there's a possibility of a 1m USD bitcoin but we have to be real about things, how would bitcoin be able to do that, it hasn't even reached a 100k yet, small steps.
Most of people want microwave results and most of them are not patient
It is Clear that bitcoin will be the only Currency for payments
Like there will be no Cash or VISA
You can clearly see here on Bitcoin Rainbow Chart https://www.blockchaincenter.net/en/bitcoin-rainbow-chart/
That soon will hit 100k EZ and to 1M on Future
Be a Smart and Wise person Invest an amount for your Children Future on a Cold Wallet and never move those coins till your kids finish High school
So like 15-20 Years from now !
Hahaha...That day Bitcoin will hit $1M, the whole world will be shaking... It is Clear that bitcoin will be the only Currency for payments
Like there will be no Cash or VISA
You can clearly see here on Bitcoin Rainbow Chart https://www.blockchaincenter.net/en/bitcoin-rainbow-chart/
That soon will hit 100k EZ and to 1M on Future
Be a Smart and Wise person Invest an amount for your Children Future on a Cold Wallet and never move those coins till your kids finish High school
So like 15-20 Years from now !
A single asset hitting $1M? Well, I don't see that coming, but perhaps, it will be the time that Bitcoin is compressed just like Gold to avoid it causing issues for the world. I can only imagine how many cheap billionaires would be easily produced and how that could cause global inflation at the same time. People look at this in the common man's view and not the professional/economic view, and I wonder how it would be so convenient at that time.However, regulation of the crypto space has started but has not eaten deep into it, maybe some action will also be taking in that regard since it will look so much like an abomination by then. I expect a lot of surprises regarding Bitcoin in the future, let's just all wait and see. But people should not be talking as if they have a time travel machine which already made them know exactly what would happen.
After all, many believed that we would be 1 trillion dollars neither, but look at where we are right now. That would be a lot, and it would be higher than most assets in the world right now, but who says it has to be right now? We could see it happen in 10-20 years? That means that things will go up, so 20 trillion dollar market cap may not look like a big deal by that time, that should be a possibility.
(...) I can only imagine how many cheap billionaires would be easily produced and how that could cause global inflation at the same time. (...)
That's not how things work though. The vast majority of current bitcoin holders would be sold out long before BTC reaches $1 mil mark. Just the same as most of those who got in when BTC was ~$1 have not held until $70k etc.
As for inflation - moving money from one person to another is not really something that would increase it.
However, regulation of the crypto space has started but has not eaten deep into it (...)
What regulations do you mean specifically? People often use that term so loosely that it hardly has any meaning now. Bitcoin has been regulated in most countries for quite a long time now. 
Most of people want microwave results and most of them are not patient
It is Clear that bitcoin will be the only Currency for payments
Like there will be no Cash or VISA
You can clearly see here on Bitcoin Rainbow Chart https://www.blockchaincenter.net/en/bitcoin-rainbow-chart/
That soon will hit 100k EZ and to 1M on Future
Be a Smart and Wise person Invest an amount for your Children Future on a Cold Wallet and never move those coins till your kids finish High school
So like 15-20 Years from now !
Hahaha...That day Bitcoin will hit $1M, the whole world will be shaking... It is Clear that bitcoin will be the only Currency for payments
Like there will be no Cash or VISA
You can clearly see here on Bitcoin Rainbow Chart https://www.blockchaincenter.net/en/bitcoin-rainbow-chart/
That soon will hit 100k EZ and to 1M on Future
Be a Smart and Wise person Invest an amount for your Children Future on a Cold Wallet and never move those coins till your kids finish High school
So like 15-20 Years from now !
A single asset hitting $1M? Well, I don't see that coming, but perhaps, it will be the time that Bitcoin is compressed just like Gold to avoid it causing issues for the world. I can only imagine how many cheap billionaires would be easily produced and how that could cause global inflation at the same time. People look at this in the common man's view and not the professional/economic view, and I wonder how it would be so convenient at that time.However, regulation of the crypto space has started but has not eaten deep into it, maybe some action will also be taking in that regard since it will look so much like an abomination by then. I expect a lot of surprises regarding Bitcoin in the future, let's just all wait and see. But people should not be talking as if they have a time travel machine which already made them know exactly what would happen.
I only doubted the possibilities and potentials of Bitcoin in the early years of it's creation, infact I thought that it was a Ponzi scheme, but today I'm a believer that Bitcoin has the potentials to hit 1m in the future, there's no doubt that it's price will keep increasing into the future because it's an asset like gold, which continues to be valuable and reaching new ATH. Bitcoin is the best investment that anybody can put their money in, it doesn't matter your class in the society, you can do DCA method and keep accumulating on the long term, for as many years as possible, and the advantage is that despite it's volatility on the short term, it's value will keep increasing and reaching new ATH till it's price reaches 1m, and hopefully cross it.
Quote
Be a Smart and Wise person Invest an amount for your Children Future on a Cold Wallet and never move those coins till your kids finish High school
So like 15-20 Years from now !
15-20 years? bitcoin have multiplied a thousand times from its value in 15 years withSo like 15-20 Years from now !
that means its not that long to look at because the price even broken 73 thousand means we
only need x15 to make it in million value.
When evaluating a coin, don't just look at its price but look at its supply and capitalization. With a capitalization from 1 million to 10 or 100 million, it is very easy, but to increase 1 billion to 10 trillion or 100 trillion is a completely different story. That's why bitcoin can increase 1000 times, 2000 times in the first years but in recent years it can only increase 5-7 times per cycle. Bitcoin's profits get smaller as it gets bigger and that's why many new investors prefer to look to altcoins rather than bitcoin because they want to get rich quickly. Bitcoin could hit $1 million or more, but it won't happen anytime soon.
makes perfect sense due to the limited total supply of bitcoin and the growing number of investors. You can see for yourself that 13 years ago the price of bitcoin was still under $100 and the popularity of bitcoin was not as high. what happened in the next 13 years was that the price of bitcoin reached $70k and became the most popular digital investment.
You can clearly see here on Bitcoin Rainbow Chart https://www.blockchaincenter.net/en/bitcoin-rainbow-chart/
That soon will hit 100k EZ and to 1M on Future
chart can be helpful but if we will not rely on that completely because we must be ready for
what will change any time as nothing is constant in crypto.
Quote
Be a Smart and Wise person Invest an amount for your Children Future on a Cold Wallet and never move those coins till your kids finish High school
So like 15-20 Years from now !
15-20 years? bitcoin have multiplied a thousand times from its value in 15 years withSo like 15-20 Years from now !
that means its not that long to look at because the price even broken 73 thousand means we
only need x15 to make it in million value.
Well we can not become carried away with the pricing of bitcoin. I do not think we are going to see a price of $1 Million for each coin.
But maybe I am wrong about this. This would make it such an high marketcap and such big gains. But if we are waiting for this number of $1 Million well then you are going to be waiting for that for a long time.
But maybe I am wrong about this. This would make it such an high marketcap and such big gains. But if we are waiting for this number of $1 Million well then you are going to be waiting for that for a long time.
Those of us who believe in Bitcoin and know its future can certainly say with certainty that the price of Bitcoin will enter $100k soon. Another time, Bitcoin will gain so much popularity that there will be no other payment instruments like cash and Visa cards, but everything will be transacted through Bitcoin. Although currently we can see that various social media and many products have introduced payment systems with Bitcoin. According to this, we can say that as the days progress and the world continues to improve, more and more Bitcoin will improve. All the payment system and transaction system may be launched with bitcoin, although currently we have more convenience by doing transactions with bitcoin, and it gives maximum security to a person. So this Bitcoin we believe will enter $1M at some point and this will happen even though the next generation may face it. So we hold on to Bitcoin and leave it for the next generation only in a safe wallet so that they can sell it in the future when the price of Bitcoin goes to this level.
That 1 million dollars per bitcoin can happen, but not this time, and no one knows when that will happen. What we can say is just an estimation; there is no certainty that it will actually happen. That's why there is always speculation, and it only becomes true when it actually happens.
Now holding Bitcoin for 15-20 years doesn't seem like a long time. Just think if this bull run could possibly be 150k$ per bitcoin, so after 4 years from now, bitcoin could be 300k$-400k$, so that means 15 years is too long in my opinion.
Now holding Bitcoin for 15-20 years doesn't seem like a long time. Just think if this bull run could possibly be 150k$ per bitcoin, so after 4 years from now, bitcoin could be 300k$-400k$, so that means 15 years is too long in my opinion.
Bitcoin may reach million dollars but I can't predict how many years in the future it may reach. Although it is an uncertain possibility, Bitcoin will reach millions of dollars in the future in the 21st century.
However, Bitcoin is very close to $100k and bounces back to $64,000. I think it could go over $100k anytime after the April halving but million dollars of bitcoin lost is a matter of time and I can't guarantee that I'll see it in my lifetime.
I agree with you. We can with surety that Bitcoin will touch $100k, we can even say it will touch $200k, but we can't say how far Bitcoin will go in the next century or so. It's possible that it might get replaced by that time with something better than it, or it may lose value in the farthest future, so we can only talk about the current era, the time that is present or the near future, we can make predictions and speculate but not for very far in the future.However, Bitcoin is very close to $100k and bounces back to $64,000. I think it could go over $100k anytime after the April halving but million dollars of bitcoin lost is a matter of time and I can't guarantee that I'll see it in my lifetime.
Bitcoin might touch $1m in the future, but who knows? we might or might not be alive by that time because life isn't loyal, it can end any time without any warnings. So, it might be better to say or think that maybe our next generations will see Bitcoin in millions.
The prediction of $1 million dollars will be achieved but the prediction of such a high price will be reached in 10 years or longer and currently the hope of reaching 1 million dollars can be archived for future proofing, we hold realistic predictions from crypto experts for the price of $100k and reaching the price is increasingly close to the current market price, based on market analysis to reach the 100k level requires strong support and the market is currently testing the realistic price. There will be 2 possibilities, first the market will return to reach 70k before the halving and the second option the market will experience a high correction reaching the price below $50k before the bull market will recover the price to reach the next ATH.
I agree that it is better to just focus on what is closest, because achieving $1M is still too far away, what is in front of our eyes is the achievement that Bitcoin might achieve, where there is speculation that between $100K-$125K will be achieved in the future. It must be remembered that this is the period before and after the halving has not occurred, so I strongly agree that there will be two possibilities for this to happen, an increase approaching the ATH or a correction to the bottom. But that is something that normally happens, but there is also an analysis that this will happen ATH twice for this period, so you have to be careful that the price achieved may not be optimal, but you still keep hoping and it doesn't reach it. Remember in 2021, those hoping for $100K didn't happen and only reached $69K and many ended up holding off until now, of course.
From my perspective, it may not happen overnight or in the near future, but I firmly believe it's within the realm of possibility. Bitcoin's resilience and the cyclic nature of its growth instill confidence in its potential. Reflecting on its journey from $1 to $10,000, I see a pathway for it to eventually reach $1 million.
Jump to: