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Author Topic: Will bitcoin be worth 1M in 2030?  (Read 2170 times)

Offline Taylor77

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Will bitcoin be worth 1M in 2030?
« on: February 05, 2024, 06:15:22 PM »
Bitcoin prediction is that it could grow up to 1.48M by 2030. is this possible for you? Bitcoin has come a long way since it was first listed. In January 2024 it was worth $42,000, so it is not impossible for bitcoin to reach one million.

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Will bitcoin be worth 1M in 2030?
« on: February 05, 2024, 06:15:22 PM »

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Offline milewilda

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Re: Will bitcoin be worth 1M in 2030?
« Reply #1 on: February 05, 2024, 08:22:39 PM »
Bitcoin prediction is that it could grow up to 1.48M by 2030. is this possible for you? Bitcoin has come a long way since it was first listed. In January 2024 it was worth $42,000, so it is not impossible for bitcoin to reach one million.
Easy to say but it wont really be that too easy to achieve. Why? There would really be those main factors needed.

1. Recognition/Adoption
2. Demand
3. Institutional funds
4. Worldwide acceptance

Thing here is that you shouldnt really that make yourself that too optimistic so that the disappointment wont hurt you so bad on the time that it wont reach
out on the price that you had anticipated. We do know that the next bull run would be on somewhat playing on that point or year but we should be at least
realistic approach on potential price. $300k-500k might be a good point i should say but well everything is random. There's no way on knowing the future.

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Re: Will bitcoin be worth 1M in 2030?
« Reply #2 on: February 06, 2024, 12:44:38 AM »
Why not, the possibility of it happening is not really all that unlikely, so I wouldn't really be surprised if it ever happened. I am not saying it will, because nobody is really capable of saying it will, but that also doesn't mean that it won't. I can see a possibility like that, it looks like there is a chance that we could make it grow, and I believe that it should be quite possible to get it going. Hopefully, the bull run we are going to have within this year and the next could shed some light on what would be the possibility, its going to really decide on what could happen, and we should probably see a good run, that will tell us what will happen in the future too.

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Re: Will bitcoin be worth 1M in 2030?
« Reply #3 on: February 21, 2024, 05:39:10 AM »
Bitcoin prediction is that it could grow up to 1.48M by 2030. is this possible for you? Bitcoin has come a long way since it was first listed. In January 2024 it was worth $42,000, so it is not impossible for bitcoin to reach one million.
This prediction is still too far away to be possible because the most important thing now is whether there will be movement to continue to improve and can provide evidence of the formation of a renewable ATH in 2025.
All possibilities can happen, but, of course, with a value that is so fantastic, you also have to be realistic about whether it can actually be achieved to get there, because there are many factors that will result in all of this being fulfilled to achieve it.
Of course, there is nothing to be happy about if that could happen, because all investors will hope for that, but let's focus on this year's halving period.

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Re: Will bitcoin be worth 1M in 2030?
« Reply #4 on: February 21, 2024, 10:31:36 AM »
When talking of 2030 we just have limited time to get there which just about 6 years from now and after this halving this year what we have next is 4 years another halving which in total we have 1 more halving. Before that would be authenticated let us look out for next year ATH first before judging whether we can achieve $1m by 2030 even though we are being optimistic at least there are some sign to show that we can see that price by 2030.

Offline bitmover

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Re: Will bitcoin be worth 1M in 2030?
« Reply #5 on: February 21, 2024, 02:14:19 PM »
Bitcoin prediction is that it could grow up to 1.48M by 2030. is this possible for you? Bitcoin has come a long way since it was first listed. In January 2024 it was worth $42,000, so it is not impossible for bitcoin to reach one million.

Ark investment fund made a prediction of 1 mi in 2030. They even made some charts and stuff like that.



https://ark-invest.com/big-ideas-2024
« Last Edit: February 21, 2024, 02:16:35 PM by bitmover »
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Offline jeraldskie11

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Re: Will bitcoin be worth 1M in 2030?
« Reply #6 on: February 21, 2024, 05:41:54 PM »
In my opinion, very possible to happen. There's a lot of stuff we can consider that makes the price of Bitcoin reach 1M in that year.

1. Halving – Bitcoin is always make new ATH after the halving, and there will be 2 more halving years before 2030. When the price makes new ATH, there will be no more resistance above that needs to be break, meaning the price of Bitcoin will increase drastically when it breaks the previous ATH.

2. Bitcoin adoption – Bitcoin is not a legal tender to all the Countries around the world and there are only few of it who accept Bitcoin as legal tender. There are only few people who really knew what Bitcoin is, and a lot of investors has not invested yet to Bitcoin.

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Re: Will bitcoin be worth 1M in 2030?
« Reply #6 on: February 21, 2024, 05:41:54 PM »


Offline arabspaceship123

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Re: Will bitcoin be worth 1M in 2030?
« Reply #7 on: February 21, 2024, 10:41:55 PM »
How many predictions which you've read in 10 years were correct I'd say few. We'll like to see bitcoin become $1M but it isn't going to reach those numbers soon.

Bitcoin prediction is that it could grow up to 1.48M by 2030. is this possible for you? Bitcoin has come a long way since it was first listed. In January 2024 it was worth $42,000, so it is not impossible for bitcoin to reach one million.
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Re: Will bitcoin be worth 1M in 2030?
« Reply #8 on: February 22, 2024, 01:14:12 PM »
Bitcoin prediction is that it could grow up to 1.48M by 2030. is this possible for you? Bitcoin has come a long way since it was first listed. In January 2024 it was worth $42,000, so it is not impossible for bitcoin to reach one million.
We can only speculate the price of bitcoin, and nobody can say what the price of bitcoin will be in 2030. From my own point of view, it will be impossible for bitcoin price to reach 1M in 2030. This is because it 2030 is will be the next two circles of bitcoin bear market, when bitcoin price do dump drastically after the a new ATH in the year 2029 bull run. It is possible for bitcoin price to hit 1M, but it will not be on 2030, maybe 2045 and above.

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Re: Will bitcoin be worth 1M in 2030?
« Reply #9 on: February 22, 2024, 02:39:05 PM »
I don't know what's going to happen in 2030 but if govt's make it hard to trade bitcoin's going to fall so ppl won't be happy. We're dreaming about $1M price but what's going to be the loss if govt's make it harder to buy & sell crypto like they're doing with XMR.
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Re: Will bitcoin be worth 1M in 2030?
« Reply #10 on: February 22, 2024, 10:39:27 PM »
Bitcoin prediction is that it could grow up to 1.48M by 2030. is this possible for you? Bitcoin has come a long way since it was first listed. In January 2024 it was worth $42,000, so it is not impossible for bitcoin to reach one million.
No specified prediction was given for bitcoin to get to before 2030. For you to exaggerate that bitcoin would skyrocket to $1.48m is out of proportion because you alone can't predict what the Bitcoin price will be in 2030. Notwithstanding, bitcoin hasn't come a long way, that we would make us begin to give an outrageous price that we want it to get to at a specified time.

What we do know is that it will get to a particular price when it feels without anyone direction of when it should.

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Re: Will bitcoin be worth 1M in 2030?
« Reply #11 on: February 22, 2024, 11:44:14 PM »
Bitcoin prediction is that it could grow up to 1.48M by 2030. is this possible for you? Bitcoin has come a long way since it was first listed. In January 2024 it was worth $42,000, so it is not impossible for bitcoin to reach one million.
Who said Bitcoin will be 1.48M in 2030?
I think it is too early to discuss about the possible price of Bitcoin in 2030. We need to know first what the maximum price of Bitcoin in 2024-2025. There is no impossible thing in crypto although I still assume it is too high expectation for 1.48M. However, if we compare the current price with 1.48M, the gap is too big.


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Re: Will bitcoin be worth 1M in 2030?
« Reply #12 on: February 24, 2024, 05:56:00 AM »
Of course we still get two halvings if we wait until 2030, the 2024 halving and the 2028 halving. As the block decreases, the price of Bitcoin will peak and scatter among investors. As bitcoins are lost, the price of bitcoins will increase, because bitcoins are not being created again, since investors are investing in bitcoins and storing them for a long time. If we calculate the price of Bitcoin in this ratio, it is sure to cross one million dollars. It may be possible before 2030, so it is better to invest in Bitcoin for the long term now.

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Re: Will bitcoin be worth 1M in 2030?
« Reply #13 on: February 24, 2024, 08:53:53 AM »
Bitcoin prediction is that it could grow up to 1.48M by 2030. is this possible for you? Bitcoin has come a long way since it was first listed. In January 2024 it was worth $42,000, so it is not impossible for bitcoin to reach one million.
In other words, you are talking about a market capacity of $20 trillion, twice the market capacity of gold and a third of the American public debt. This is an exaggerated amount for Bitcoin, and I do not think we will even see it. In the best case scenario, the price of Bitcoin will be $300,000 to $600,000 in 2042, based on growth. The price of Bitcoin decreases every few years, and growth will be very limited after 2036.
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Re: Will bitcoin be worth 1M in 2030?
« Reply #14 on: February 24, 2024, 01:42:24 PM »
In my opinion, very possible to happen. There's a lot of stuff we can consider that makes the price of Bitcoin reach 1M in that year.

1. Halving – Bitcoin is always make new ATH after the halving, and there will be 2 more halving years before 2030. When the price makes new ATH, there will be no more resistance above that needs to be break, meaning the price of Bitcoin will increase drastically when it breaks the previous ATH.

You do realize that the halvening will stop mattering if you go to 1 million?
If you mine now 900 coins a day you print 45 millions each day.
Next havening will be 450 coins (2224-2028)
Next one will have 225 coins a day and at 1 million per coins your going to print each day 5X times the value despite two halvenings.

Bitcoin has come a long way since it was first listed. In January 2024 it was worth $42,000, so it is not impossible for bitcoin to reach one million.

So since 2009 till 2024 , that's 15 years, it has risen from 0 to 52k, then in 2030, that's 6 years it will go to ..x! You're not going to like the x value! That's the funny thing, in order for Bitcoin to reach 1 million you will need 20 times the money that have been invested in it till this point!
Not accounting for all the profit taking hat will happen from people that have been holding since they bough the first time at ridiculous low values and not courting the fact that Satoshi's own coins where being a far larges part of the so called marketcap in the previous years, many coins where lost irreversible in the first decade, not that many now.
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