Bobby lee predicts Bitcoin price to reach $1 Million in a Decade

[damsix]

He guarantees that the BTC cost will significantly increase in only 10 years. Not at all like gold which can be drawn through mines, the unequivocal number of BTC will make it more rare and significant than gold.


Almost the same as my thoughts and this is very I [think from the beginning when I got to know the main cryptocurrency namely Bitcoin.
Gold is very strong and dominates in real life, it can even protect a country with a strong economy if it has a lot of gold.
Bitcoin will be very strong if it is depleted in mines and owned by a handful of people who hold for the future.

[mlawson71]

Perhaps. But that is not the immediate future, I think.

[Altcoin1998$]

How way he pridicts bitcoin will reach 1000000 in 2020. I don't believe this information at all because it is not possible to aquare 1 million. Highest bitcoin will reach over 20k in upcoming days. If bitcoin will  reach 1 million then it will be a miracle.

[Senin]

McAfee predicted that the price of bitcoin at the end of this year will reach one million dollars and recently abandoned his forecast, saying that it was a joke. Bobby Lee extended his similar forecast for a decade. A lot can change in ten years. Moreover, you can’t live up to this time. However, I do not think that Bitcoin will ever be worth a million dollars. In our material world, this is unrealistic.

[kerjakuat]

McAfee predicted that the price of bitcoin at the end of this year will reach one million dollars and recently abandoned his forecast, saying that it was a joke. Bobby Lee extended his similar forecast for a decade. A lot can change in ten years. Moreover, you can’t live up to this time. However, I do not think that Bitcoin will ever be worth a million dollars. In our material world, this is unrealistic.

However it still can be happen in a 1000 years more perhap.. A million bitcoin in 1000years is not imposibble to reach.. but in real life i would agree with you mate. it just a dream to get there.

[tervel]

Whilst sudden mass adoption of the asset could make this a reality, it’s highly unlikely given Bitcoin’s current scaling difficulties.

[Noverteno]

The next few years of the development of cryptocurrency and, in particular, bitcoin will determine whether Bitcoin will continue to grow significantly in value. I think that he is unlikely to be able to rise in price above $ 50,000. Although, maybe I'm wrong. Time will tell. However, I do not think that bitcoin can ever be worth a million dollars.

[Fenix]

I am not very convinced by the theory that a limited number of bitcoins will stimulate the growth of its price to a million dollars. In our world there are a lot of rare useful items, but they do not grow to such cosmic prices. We have already seen what happened to the cryptocurrency market after the price of bitcoin rose to $ 20,000. The high price volatility of cryptocurrency in practice will constantly inhibit its growth. In addition, after several waves of growth and fall in the price of bitcoin, there are many who want to invest in it at high price values, knowing that it will most likely fall in price again.

[trauchot]

Too unrealistic numbers, of course, anything can happen, but to see price 1 million dollars for one Bitcoin, I can’t even imagine what should happen for this, well, at least Bitcoin should become legalized all over the world.

[mlawson71]

That number is completely unrealistic. World financial institutions will never allow it. And if it does happen fiat currency economy will be in shambles.

[Senin]

McAfee predicted that the price of bitcoin at the end of this year will reach one million dollars and recently abandoned his forecast, saying that it was a joke. Bobby Lee extended his similar forecast for a decade. A lot can change in ten years. Moreover, you can’t live up to this time. However, I do not think that Bitcoin will ever be worth a million dollars. In our material world, this is unrealistic.

However it still can be happen in a 1000 years more perhap.. A million bitcoin in 1000years is not imposibble to reach.. but in real life i would agree with you mate. it just a dream to get there.

If this were so, then we would at least hear something about digital currencies from the history of mankind. We are definitely not the first human civilization on this planet. Even now we do not have the high technologies that a person had before. However, there is no mention of digital money. After a thousand years, perhaps our ancestors will again live in the Stone Age and hunt animals with primitive spears.
So far, at least we already have the opportunity to perpetuate cryptocurrency.

[Kusuma]

Between possible and impossible, but I doubt bitcoin will be able to penetrate the price of $1 million.

[fulled]

Its realistic bitcoin will be 1M$ in decade, we know bitcoin will be only max 17M coins by 2045, because so many btc lost at early stage. If compare with gold with unlimited supply, sure bitcoin will be more expensive than gold, plus bitcoin can transfer anywhare anytime, with just a small fee to cover transaction, i believe in near future bitcoin will be a real world currency, not just alternative currency right now, people more aware about privacy nowaday, and with recent pandemic corona virus and the central bank inject so many fiat money to circulation make fiat money value decrasing again and again, this things can make bitcoin adoption faster than we think

[Hexsas]

a very astonishing estimate that bitcoin reached $1 million in a decade, and I find it hard to believe prices that high.

[tervel]

This is a bit tough to happen, even though there’s a major positive development happening that could propel the bitcoin price higher,but not $1 Million in a Decade.