Topic: Will BTC hit 1M ? - page 6. (Read 1455 times)

There are absolutely no clues to that at all. Some people are just way too overboard with bitcoin world and I understand how excited they could get about it but we are quite certain that bitcoin will stay an alternative. It could very well be something that turns into legal tender one day in many nations, even then it won't be all nations but just some of them, but I believe that the best thing we could do at the moment would be just accepting it the way it is at the moment.

I believe that bitcoin will not become the single currency that everyone uses, of course it can be used and accepted in many more places and by many more people but that is just the adoption rate going up, it doesn't mean that we are going to do fine.

People denied bitcoin will ever reached 1000 dollars but now we seen it crossing more than 69 thousand dollars so what more that 1 million price?

but the same answers from everyone is that Time, when will we meet this price and that is something everyone must understand and keep waiting.

I believe that we will hit this price but maybe we need to wait for at least another couple of years or maybe another 13 years who knows.
what is important that our trust and our willingness to keep the wait for this to happen.

It will definitely hit 1M, but yes we just don’t know when. It can happen in 1 year or 10 years also. Everything depends on the demand raised by the people to accumulate the coin. Few years back no one thought Bitcoins will cross 1000$, but currently Bitcoins have become the most valuable digital asset. So we just need to keep calm and show faith in the coin. Just accumulate and hold it for few years. Definitely you will see the profits.

What is the evidence to this, we cannot conclude yet, bitcoin can be the mainstream digital currency but doesn't equally means that the world will only have it as a means of payment, fiat may also exist along and the future ahead will determine which one will the people value more with higher priority.


we can't say as well, not until we see what comes in with bitcoin global adoption and the way it has been accepted as a legal tender by many countries, but we are definitely heading somewhere.

I think only those can wait for 15 to 20 years who have patience but if a person is in struggle to make quick profit then bitcoin is not an option for him. This is a good idea to keep bitcoin investment for your children but before giving him the control of asset teach him each and everything about bitcoin.

It does not mean that if you give bitcoin to your children then they will successfully earn profit but they have to use their knowledge and patience to move their investment in more secure and profitable way. 1M worth is very higher and it will take years and is not possible to happen in four or five years.

I am not blind but I am looking only for reality and Hitting 1 million will not happen tomorrow or in
the next coming months so I know for a fact that it is exaggerating to seek for that much profit in the earliest time.

Indeed that 100k is near the table and can be happen in the next coming year but not that 1
million , I am not Fud but I am not also shill.

The way that Bitcoin is built there are really only two options. Either it will continue to rise in price when valued in fiat currencies or it will crash and become worthless. I don’t really see a future where Bitcoin is stable. It would take an incredible balancing act of a myriad of circumstances.

what is 1 M, 1 million dollar.
i think imposible even if bitcoin it reaches that price 1 million dollars , people will no longer use bitcoin. why is the sending fee so expensive and not competitive even compared to fiat money?

Speculators have been predicting that bitcoin could reach one million dollars per coin as soon as the 2017 bull run, and it has not happened yet, but for those that have been here long enough, we know it is inevitable that this will happen, but I doubt it will happen during this bull run or even the next one.

We will need to wait until the 2032 bull run at the soonest to see that price and I am fine with that, as this means that we still have a lot of time to accumulate more bitcoin and take advantage of such a high price when it finally appears.

Bitcoin - 1M in 15 or 20 years? That is still reasonable but it is a long time when people continue to be in the crypto space every day then it will feel bored waiting for it, unless he leaves money in bitcoin and then leaves believing he will forget that time and come back when it comes.

This is not easy even when the price passes $500K it will shock the media and all because bitcoin is already high especially with 1M of course the holders will sell because the profit is much higher, I think people will see bitcoin can go down if it is not sold at $500K in my own scenario.

But of course I want a long time holding bitcoin within two decades, will this be able to? Of course I don't know, sometimes retail investors always need money, especially if the profits are high.

If you refer to several sources that say about Bitcoin speculation, of course you will find hundreds of speculations that say Bitcoin this year will reach the point of $1 million, on the other hand you will also find that Bitcoin will reach the level of more than $1 million.

Although there are various speculations that we can see about the price of Bitcoin this year, I just think Bitcoin is sitting at the $80k level and nothing more, that's my personal speculation, The point is that we all have varying understandings about Bitcoin, all the prices that have been mentioned in various sources, return to our respective beliefs, hoping that whatever happens will be better for all crypto users.

You are absolutely entitled to your own opinion and prediction, but i completely disagree with your prediction that Bitcoin would not exceed $100k. If you say $1m, then i might say we have to wait and see what would happen in the long run and you might be right if future events do not go in favor of the Bitcoin network, but as for $100k, i think we would exceed this amount as early as this year or next.

Maybe and maybe more or less, but they remain just expectations and nothing on paper. In light of this wave of rise, no one knows what will happen in the future.
Personally, I believe that no matter how much its value continues to rise, it will not exceed $100,000, and the market has returned to the heart of expectations, where its value may fall again.

Many people in the past and present has predicted that Bitcoin will reach 1 million per coin, which Ark & invest CEO Cathie wood is one of the Investors that have come out with such predictions, but in my opinion, right now, it looks unrealistic but if we zoom out and look at the journey of Bitcoin down here, we can say it's a price that can be achieved but not in the short term but on the long run, which some has predicted that by the year 2030 that price could be achieved, However I believe it only a matter of time, let's see what the price is going to do this bull run that we have had spot ETFs got approved and again we have institutional interest lately way more than before, and that kind of thing could make a change and we see crazy prices in the future.

Don't be like that my guy, people said the same thing about bitcoin when it was still trying to earn the trust of a lot of people back then, when it was priced at around 1 dollar apiece, they thought that it's going to be the last price of bitcoin but then the growth just keeps on showing up, so I wouldn't stop believing that it's going to go down to that anytime soon. Regarding your worries, think about it this way, each satoshi till the last decimal is going to have a value.

The answer should not be only yes because there is every possibility that Bitcoin may not reach to that extend because another technology may come up and bitcoin get scrapped out for the market, but as long as bitcoin is into existence and it gathers influence across all the nation there is every possibility that the price might be reach 1 million but right now we are looking at the price being up to one hundred thousand [100k]. It is obvious that the more bitcoin gather influence the more investors come in into cryptocurrency and the more cryptocurrency especially Bitcoin get increased because of investors.

investors who knows the rudiment of cryptocurrency especially Bitcoin no quite well that the more the Year comes up or come close the more Bitcoin have more people who is adopting it and the more the market of Bitcoin increase so therefore people would like to hold Bitcoin knowing that the more the year are adding the more the prices getting increased so many people will like to hold to their Bitcoin if they are opportune to buy now or they are opportune to buy in the bearish season.

Remember that the holding the Bitcoin have advantages and the advantages comes from the duration due place your Bitcoin and also when you purchase your Bitcoin because many people who foresee the development of Bitcoin and the purchase during the time the price was low, right now bitcoin has made them to become a billionaire based on the price continue to rise, but my advice to a beginner is to target when there is a bearish season and also ensure that the purchase and hold until the bullish time.

even if we count a long years? bitcoin will not reach that value because if does then how come that this is a Currency when the value is more than how much it must be to use as payment option?
have this same thoughts mate but in the past I also tend to agreed on this.

I think majority of us here are parents already, and so we all know that we need money to fuel their education and I think crypto investment will help us just like that. And all other investment too, not just crypto or bitcoin. As a parent we should know better how to shape the future of our kids, bring them food in the table and provide the basic necessities in life.


Not to burst the bubble for you, but you can't say to anyone that they made the bad decision if they are not going to take their profits. Of course, everyone of us here are 'smart', we know when we need to take profits and then how to used that profits. Just like what your said, maybe majority here are using it for their children's education and for their future.

Every investment is a risk, and Bitcoin as an investment is no exception. In 15-20 years, the price of BTC may be xx times higher than today, but it may be less or equal to today. I cannot claim (nor can anyone else) what will happen in the future, but all possible outcomes should be taken into account - and some of these outcomes are not very positive for Bitcoin.

Furthermore, how much purchasing power do you think $1 million will have in 15-20 years?

It's not going to hit even this year, it's going to be taking a long time before it will ever do that not to mention that bitcoin hasn't even reached 100k yet, it's definitely going to be going there but for now, the high hopes that it will go to that will be rewarded by disappointment.