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

[Senin]

I think that Bitcoin will never go up in value to one million dollars. The states will not allow this in any case. It is no coincidence that the issue of cryptocurrency was already discussed at the G20 summit, but so far it has been decided that cryptocurrency does not pose a threat to global financial stability. If the decision is different, then the reaction of states will be different. No one will allow large uncontrolled capital flows on the territory of the state. Therefore, certain response measures will be taken to prevent this from happening.

[Bliznec]

I think that Bitcoin will never go up in value to one million dollars. The states will not allow this in any case. It is no coincidence that the issue of cryptocurrency was already discussed at the G20 summit, but so far it has been decided that cryptocurrency does not pose a threat to global financial stability. If the decision is different, then the reaction of states will be different. No one will allow large uncontrolled capital flows on the territory of the state. Therefore, certain response measures will be taken to prevent this from happening.

What does the state have to do with it when bitcoin is decentralized. Countries can impose a tax on the use of cryptocurrency, which has already been done. An excellent article, written in 2019, the time is slowly approaching, thereby giving a sign of the rise in the bitcoin rate. 

[masterrex]

IMHO, this price speculation is very far from happening, because it's not truly supported and revealed by the market data and insights, but maybe in the years to come if the market will improve more the $1Million dollar Bitcoin price speculation was still possible because  In crypto it happens with full of surprises.

[mlawson71]

Personally, I just want to see it reach 100k first and then consider further rallies. It's very, very far away from 1 million USD at the moment.

[Vx1]

Personally, I just want to see it reach 100k first and then consider further rallies. It's very, very far away from 1 million USD at the moment.

$1 million is very high indeed, but I would love it if this happened to Bitcoin, not I don't believe it but it will take longer to reach this price. 
Just like you I also want to see the price of Bitcoin reach $100k first, actually I hope this will be achieved this year, but it looks like it will be difficult to happen where now it has reached the end of 2021.

[mlawson71]

I think that next year we may really see 100k eventually though. As for reaching 1 million, I doubt that will happen in the foreseeable future.

[KaliLinux]

I don’t think that bitcoin will ever even be able to approach one million dollars in value. Any cryptocurrency cannot rise so high in price. This contradicts all the laws of our economic development. So what is bitcoin limited in supply? In the world there are a lot of objects and phenomena, which are limited in their quantity. Moreover, now a lot of cryptocurrencies have appeared on the cryptocurrency market that have significantly surpassed bitcoin. And how many people are there who, for example, will buy bitcoin for half a million dollars during its growth, risking that it can again fall in price to several thousand dollars?

From this image, if the people were told then back in 2011 that BTC will reach $69K+ when the price was only $0.37 Cents they too would have said it is impossible. I don't know much about Bitcoin but from the little I have known, Bitcoin can even surpass that price in years to come and even now, I personally cannot afford 1 whole Bitcoin but I might be able to accumulate to 1BTC over time and that will be the same for that time cos we have all these heavyweights now that with this current price can afford to buy more than 10BTC at a go. At the end of the day, I guess we will all wait on time.

[Fenix]

I don’t think that bitcoin will ever even be able to approach one million dollars in value. Any cryptocurrency cannot rise so high in price. This contradicts all the laws of our economic development. So what is bitcoin limited in supply? In the world there are a lot of objects and phenomena, which are limited in their quantity. Moreover, now a lot of cryptocurrencies have appeared on the cryptocurrency market that have significantly surpassed bitcoin. And how many people are there who, for example, will buy bitcoin for half a million dollars during its growth, risking that it can again fall in price to several thousand dollars?

From this image, if the people were told then back in 2011 that BTC will reach $69K+ when the price was only $0.37 Cents they too would have said it is impossible. I don't know much about Bitcoin but from the little I have known, Bitcoin can even surpass that price in years to come and even now, I personally cannot afford 1 whole Bitcoin but I might be able to accumulate to 1BTC over time and that will be the same for that time cos we have all these heavyweights now that with this current price can afford to buy more than 10BTC at a go. At the end of the day, I guess we will all wait on time.

Bitcoin's price of $ 69,000 is one thing, and it is another if it has a price of $ 1 million. On the way to this price, the states will definitely take measures to prevent further price growth of bitcoin. Therefore, you need to set tasks real and in stages. First, bitcoin needs to reach a price of one hundred thousand dollars, then even more by 50-100 thousand, and so on. A million dollars, this is too far a price to talk about now.

[Callisto]

His statement is not based on anything, because there is no evidence that bitcoin will grow to such a price tag. Moreover, almost everyone already understands, basically, the price of bitcoin is made by whales, they also manipulate the price tag for their own benefit.

[Senin]

I think that Bitcoin will never go up in value to one million dollars. The states will not allow this in any case. It is no coincidence that the issue of cryptocurrency was already discussed at the G20 summit, but so far it has been decided that cryptocurrency does not pose a threat to global financial stability. If the decision is different, then the reaction of states will be different. No one will allow large uncontrolled capital flows on the territory of the state. Therefore, certain response measures will be taken to prevent this from happening.

What does the state have to do with it when bitcoin is decentralized. Countries can impose a tax on the use of cryptocurrency, which has already been done. An excellent article, written in 2019, the time is slowly approaching, thereby giving a sign of the rise in the bitcoin rate.

Cryptocurrency, including bitcoin, can only circulate in society on the territory of states. States will never be just outside observers of uncontrolled capital flows. Moreover, if they become very large due to the sharply increased price of bitcoin. They are interested not only in taxes, but also in maintaining the stable operation of their financial system. If cryptocurrency is banned in a particular state, this has little effect. However, if such a decision is made by the G20 countries, then the cryptocurrency will be in trouble. All this must be taken into account and simply not allowed to develop such a situation.

[cheezcarls]

He can predict all he wants, but we should be aware that nothing is guaranteed here in the cryptocurrency and blockchain space. I think most of us are speculating that Bitcoin may reach $100k before the year ends. Right now, it looks like we expect the unexpected as it is unlikely going to reach that targeted amount. Although that nothing is really impossible, there are no promises that it will reach $1 million dollars per BTC in a decade.

[Muneeb22]

Bitcoin is a good coin and it touches the $1 million and this time the BTC and all the market comes down but soon the market go high and touches the sky in the market. BTC coin is a good coin and it go high when the whales will invest their money in the market.

[Bliznec]

I think that Bitcoin will never go up in value to one million dollars. The states will not allow this in any case. It is no coincidence that the issue of cryptocurrency was already discussed at the G20 summit, but so far it has been decided that cryptocurrency does not pose a threat to global financial stability. If the decision is different, then the reaction of states will be different. No one will allow large uncontrolled capital flows on the territory of the state. Therefore, certain response measures will be taken to prevent this from happening.

First of all, we need the volumes of buying and selling bitcoin, thereby implementing the undertaken, which was originally delivered. Many are well aware that 11 years have passed since the creation of bitcoin. The cryptocurrency market is expanding, acquiring more and more of the facets that blockchain uses today. Bitcoin can overcome the price above $ 1 million in another ten years. This may take additional time. The total capitalization of the entire cryptocurrency market can serve as an excellent development prospect.   

[Zezari]

10 years is a very long time for any project and anything can happen to it, if, as they said, the capitalization of bitcoin will increase many times, then its price can reach such a price. I believe that its price will be like this, but in how many years it will happen.

[Fenix]

I think that Bitcoin will never go up in value to one million dollars. The states will not allow this in any case. It is no coincidence that the issue of cryptocurrency was already discussed at the G20 summit, but so far it has been decided that cryptocurrency does not pose a threat to global financial stability. If the decision is different, then the reaction of states will be different. No one will allow large uncontrolled capital flows on the territory of the state. Therefore, certain response measures will be taken to prevent this from happening.

What does the state have to do with it when bitcoin is decentralized. Countries can impose a tax on the use of cryptocurrency, which has already been done. An excellent article, written in 2019, the time is slowly approaching, thereby giving a sign of the rise in the bitcoin rate.

States have a lot of levers of influence on any financial and economic processes taking place on their territory. Imagine that the G20 countries decide to ban the full circulation of a decentralized cryptocurrency. At the same time, all cryptocurrency exchanges and exchangers will be banned. Even if not all states do this, then this will be enough to reduce the volume of cryptocurrency turnover by tens or even hundreds of times. Or let’s say they introduce an 80-90 percent profit tax on cryptocurrency and serious criminal liability for tax evasion. In addition, sanctions will be imposed on states that remain loyal to the cryptocurrency. These measures can be continued and all of them will lead, if not to the cessation of circulation of the cryptocurrency, then to its almost complete decline.
Everything in this world is interconnected. Nothing can exist outside the economic laws of this world.