Will BTC hit 1M ? - page 4. | Bitcointalksearch.org

EarnOnVictor

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Quote from: ItsaWhale on February 19, 2024, 11:24:58 AM

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...

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.

Kelward

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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.

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Quote from: rodskee on March 27, 2024, 02:48:01 AM

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 with
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.

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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.

rodskee

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Quote from: ItsaWhale on February 19, 2024, 11:24:58 AM

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

100k is not that soon to hit but yeah a year from now of course but not that easy
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 with
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.

mich

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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.

Out of mind

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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.

bettercrypto

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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.

justdimin

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Quote from: Nothingtodo on March 22, 2024, 04:59:43 PM

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.

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.

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Quote from: erep on March 23, 2024, 03:11:21 PM

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.

Pedrination

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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.

oktana

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$1M is a lot of money. I’m not sure if to say that it will happen but volatility means that it is possible. However, even if Bitcoin doesn’t end up making it to $1M, it is definitely going to go far. It could be $500k or more.

But then you also speak about Bitcoin being the only currency. Well, I hate to break that to you but that’s not happening. The government wants to know everything and it can only happen with traditional money (fiat). Also, there are people who have no interest in technology and will forever prefer traditional money to cryptocurrency because all their life, fiat is all they knew and trusted.

ajiz138

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Quote from: livingfree on March 22, 2024, 05:28:52 PM

Yes. This is a free market and we always get to see those with names in their own thoughts that have been predicting thinking that they're significant and many are going to believe them.

If they've got believers, they're just free to believe those crypto evangelists and predictors that are giving them numbers but it doesn't mean that they're happening anytime soon.

I've witnessed too many speculations that never happened but I'm still giving them time if someday those prices that are tremendously high will happen. As they say, it's just a matter of time.

Usually influential people will say higher for the price they will not predict small numbers such as $100K and even some institutions say higher for bitcoin.
They have a forecast maybe? Let them do about this speculation because we are just as often discussing the price of bitcoin but the reality is that the price is not right, maybe it's a matter of time then it's true, but don't wait for time then it's excessive let this flow and we will know when the time is.
I am sure of us will survive with bitcoin until old age later even though it does not hold and sell when the price is high with its own target.

erep

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Quote from: Republikcoin.com on March 23, 2024, 12:31:05 PM

So what's wrong with that if there are people who want to wait for it even just to see it? For now I'm still not thinking about such a high price because from some of the predictions made by crypto experts they currently prefer to say about a price of $100K for Bitcoin in the not so distant future. This means that if the price increase can still occur after the halving, there is a possibility for Bitcoin to reach that level and not the price level of 1 million dollars because that is a level that is quite far away for Bitcoin to reach even in a short period of time.

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.

lepbagong

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Quote from: Hallroom on March 22, 2024, 06:49:33 PM

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.

We cannot avoid the fact that over time the supply of Bitcoin always decreases, so if the price increases, it is clear that there is a lot of demand. The 2021 ATH is $69K, and what is the next ATH after making the first at $73K? Everyone is still speculating, and we have to remember that it could happen like 2013 when ATH happened twice, or it could happen like 2021, where we hoped it would reach $100K but only to find out it could only reach $69K. So there are always many possibilities. It's just an advantage that the halving period hasn't happened yet and there are big hopes after the halving period has passed. If there is a surprise, it will reach $100K or maybe $125K, we hope. But if it can reach $1M, of course it will take a very long time for it to be realized, although I doubt it will happen, because the MC is too high if the price reaches $1M?

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Quote from: FinePoine0 on March 23, 2024, 07:46:43 AM

If the price of Bitcoin wants to reach 1 million dollars, it must wait a long time. If we wait until about 2036 we will reach $1 million, three halvings from now it will be possible to reach $1 million. Because the price of Bitcoin is dumped after bull market, the price of Bitcoin must reach the peak of the improvement by staying between the dumping and the pumping. Therefore, I think that if we wait until approximately 2036, we will only be able to reach one million dollars.

So what's wrong with that if there are people who want to wait for it even just to see it? For now I'm still not thinking about such a high price because from some of the predictions made by crypto experts they currently prefer to say about a price of $100K for Bitcoin in the not so distant future. This means that if the price increase can still occur after the halving, there is a possibility for Bitcoin to reach that level and not the price level of 1 million dollars because that is a level that is quite far away for Bitcoin to reach even in a short period of time.

gunhell16

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All the community in this field of the forum wants Bitcoin's price value to be like that. Because if we all know, for example, this bull run, he will really be 1 million, and there is a strong basis that for sure everyone will buy Bitcoin as much as our budget can afford.

That's just the reality of what's happening in the market. 14 years in the crypto industry have proven and tested that the market is unpredictable. So, that means it is possible for that to happen, but no one knows when it will happen, so others may think it will be a long time or others will start saving up every time they have something to buy.

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Quote from: Hallroom on March 22, 2024, 06:49:33 PM

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.

If the price of Bitcoin wants to reach 1 million dollars, it must wait a long time. If we wait until about 2036 we will reach $1 million, three halvings from now it will be possible to reach $1 million. Because the price of Bitcoin is dumped after bull market, the price of Bitcoin must reach the peak of the improvement by staying between the dumping and the pumping. Therefore, I think that if we wait until approximately 2036, we will only be able to reach one million dollars.

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Quote from: mirakal on March 22, 2024, 07:59:54 PM

Quote from: Hallroom on March 22, 2024, 06:49:33 PM

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.

Certainly it is. However, the problem is we can’t tell exactly as to when will bitcoin price reach that point. We have been witnessing bitcoin price continue surging every year until it reaches its new all time high. But due to its high volatility, its price suddenly falls backs when fluctuations or price correction appears, and there’s nothing we can do to control that. So if ever bitcoin price will hit $1m 5 or 10 years from now, then it would mean exceptional profits for all of us. This is the reason why I always believe hodling is the key, but of course selling at some point should not be overlook as we are here to gain that profits, not to keep those profits forever.

I agree, bitcoin could reach $1 million in the future if demand for it continues to grow higher for years to come. But if we claim that it will happen in 2032, it is somewhat subjective and a bit exaggerated. Don't forget that bitcoin is unpredictable, so don't be too subjective with your judgment and always have a backup plan.

Also, you're right, we have to sell a portion of the bitcoin at some point to make a profit. If we don't sell and hold bitcoin forever then our investment will be useless.

Essential10

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I hope the bitcoin price will reach 1 million at some point in the future. We are in 2024 and Bitcoin saw its highest price before halving this year which was above $73k. After the Bitcoin halving we may enter Bitcoin's main bull run. We are all preoccupied with the possibility that Bitcoin will go above $100k. Now we expect Bitcoin price to go above $100k in the main bull run this year. At the rate Bitcoin price is going we can expect gradual appreciation every year. It's hard to say how in the future, but we have to wait more than a century for Bitcoin to reach one million.

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