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Author Topic: After Breaching $10k, The Probability of Bitcoin Hitting $1 Million  (Read 7082 times)

Offline pelana vreo

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Re: After Breaching $10k, The Probability of Bitcoin Hitting $1 Million
« Reply #15 on: May 26, 2020, 05:47:46 PM »
Nobody knows the price of Bitcoin can reach 20,000 dollars in 2017, if there are crypto experts who estimate the price of Bitcoin to reach $1 million, I think he has many reasons and can make information more accurate, the amount of Bitcoin supply will always affect the price of Bitcoin, but this time the price of Bitcoin is arguably good because there are many shares that fell from several large companies because of the pandemic this year, but the price of Bitcoin still up at 8,000 dollars to 9,000 dollars

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Re: After Breaching $10k, The Probability of Bitcoin Hitting $1 Million
« Reply #15 on: May 26, 2020, 05:47:46 PM »

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Offline mlawson71

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Re: After Breaching $10k, The Probability of Bitcoin Hitting $1 Million
« Reply #16 on: May 27, 2020, 03:19:54 PM »
I still think it's not a realistic number, at least not for the foreseeable future.

Offline Senin

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Re: After Breaching $10k, The Probability of Bitcoin Hitting $1 Million
« Reply #17 on: May 27, 2020, 08:38:59 PM »
The million dollar price is unrealistic for any cryptocurrency, including bitcoin. Bitcoin users and holders themselves will not allow such a price. Supply and demand are much more serious and more complex than many people think.

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Re: After Breaching $10k, The Probability of Bitcoin Hitting $1 Million
« Reply #18 on: October 26, 2022, 01:03:25 PM »
Today, bitcoin has long broken through this mark and all that remains for bitcoin is to strengthen its position in the market and grow to the previous maximum price. When the market recovers and exceeds its limit threshold, it will go higher.
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Re: After Breaching $10k, The Probability of Bitcoin Hitting $1 Million
« Reply #19 on: October 26, 2022, 02:31:55 PM »
Bitcoin price has hit $20K again after a long time. Now some green signal is getting in the crypto market. Bitcoin has the potential to hit $1M. But it will take some time. We have to wait until the next bullrun. We expect Bitcoin to surpass $1M during the next bullrun. That's why Bitcoin is now storing energy. So now we can buy and hold bitcoins.
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Offline gunhell16

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Re: After Breaching $10k, The Probability of Bitcoin Hitting $1 Million
« Reply #20 on: October 27, 2022, 05:16:17 AM »
In the past few months the price of bitcoin until now is always playing between 18k$plus and 20k$+, this is why most people say that the market is just volatile, no one knows what its price will be in the market, will it increase or decrease?

That's why it's always good to just hold and save it, because we don't know what can happen, hold until the bull run comes to make sure we have a good profit today.
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Offline pacar_tiri

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Re: After Breaching $10k, The Probability of Bitcoin Hitting $1 Million
« Reply #21 on: December 01, 2022, 04:52:10 AM »
After Breaching $10k, The Probability of Bitcoin Hitting $1 Million Has ‘Risen Dramatically’: Raoul Pal



The founder and CEO of Global Macro Investor Raoul Pal asserted that he is super bullish on bitcoin after the virtual asset saw a key technical break as it tapped the $10k level. The move above $10k placed BTC in a “perfect wedge” structure which suggests that a bigger move is currently brewing.

Visit For More info: Here

I think It will happen again at the end of this year.
Bitcoin price will down until 10K USD.
It's a good time to buy and hold , it's bearish season.
So, We should hold several potential coins.

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Re: After Breaching $10k, The Probability of Bitcoin Hitting $1 Million
« Reply #21 on: December 01, 2022, 04:52:10 AM »


Offline gunhell16

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Re: After Breaching $10k, The Probability of Bitcoin Hitting $1 Million
« Reply #22 on: December 01, 2022, 03:35:38 PM »
1M$ per one bitcoin? it's good to be true. In Bitcoin's decade of existence in this industry, this issue has been repeated over and over again. The majority of the community in the industry does not yet see that as long as bitcoin goes on, its value will gradually increase.

Just imagine that after 10 years bitcoin reaches more than 60k$, let's just assume that after every 10 years it increases by 20k$, meaning after 50 years bitcoin can be 100k$ which is a bitcoin, so if 1M$ each bitcoin are you still alive or not? But this is just an illustration because its price is unpredictable in the market.
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Offline Alcor

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Re: After Breaching $10k, The Probability of Bitcoin Hitting $1 Million
« Reply #23 on: December 02, 2022, 05:45:37 PM »
Bitcoin price has hit $20K again after a long time. Now some green signal is getting in the crypto market. Bitcoin has the potential to hit $1M. But it will take some time. We have to wait until the next bullrun. We expect Bitcoin to surpass $1M during the next bullrun. That's why Bitcoin is now storing energy. So now we can buy and hold bitcoins.
I don't think the price of bitcoin will ever get close to one million dollars. The higher she climbs, the more difficult it will be for her to do so. I think the number of those willing to invest in bitcoin, when it has a high price, will decrease. After all, we see that periodically its price drops to very low values. Of course, we will continue to monitor its price movements and draw appropriate conclusions. In addition, the government will not allow the cryptocurrency to rise too high in price. After all, they may consider this as a threat to the security of their financial system.

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Offline KaliLinux

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Re: After Breaching $10k, The Probability of Bitcoin Hitting $1 Million
« Reply #24 on: December 04, 2022, 12:26:31 PM »
We do not need to wish to reach 1,000,000 USD for 1 Bitcoin, by reaching 100,000 USD alone it has become 10x times the price of 10,000 USD for 1 Bitcoin starting from now on the Binance market.
Just imagine with a nominal 100,000 USD = 1 Bitcoin there will be a lot of money in circulation and surely the holders of Bitcoin will experience sudden riches.

Maybe 1,000,000 USD is quite far but everyone has the right to assume and this is legitimate in the world of cryptocurrency.

I agree with you there. This even now still looks quite a time away from now because after the market recovers from this bear market from Bitcoin dipping to around $15k, recovering back to its ATH of $69k and surpassing that to $100k or maybe above and here comes another bear market and the cycle continue will definitely take a long while before a $1m Bitcoin price can be reached even though I believe someday this will happen.




Offline Anonylz

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Re: After Breaching $10k, The Probability of Bitcoin Hitting $1 Million
« Reply #25 on: December 06, 2022, 06:56:44 PM »
We do not need to wish to reach 1,000,000 USD for 1 Bitcoin, by reaching 100,000 USD alone it has become 10x times the price of 10,000 USD for 1 Bitcoin starting from now on the Binance market.
Just imagine with a nominal 100,000 USD = 1 Bitcoin there will be a lot of money in circulation and surely the holders of Bitcoin will experience sudden riches.

Maybe 1,000,000 USD is quite far but everyone has the right to assume and this is legitimate in the world of cryptocurrency.

I agree with you there. This even now still looks quite a time away from now because after the market recovers from this bear market from Bitcoin dipping to around $15k, recovering back to its ATH of $69k and surpassing that to $100k or maybe above and here comes another bear market and the cycle continue will definitely take a long while before a $1m Bitcoin price can be reached even though I believe someday this will happen.
True. Years ago, nobody could have believed that Bitcoin's price will reach $69k. When Bitcoins price dropped from the 2017 ATH of about $20k to around $3k, some people thought that was the end of Bitcoin, hence all the Bitcoin funerals we witnessed so, I agree that
Quote
a $1m Bitcoin price can be reached
some day.


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Re: After Breaching $10k, The Probability of Bitcoin Hitting $1 Million
« Reply #26 on: December 07, 2022, 04:21:20 PM »
We do not need to wish to reach 1,000,000 USD for 1 Bitcoin, by reaching 100,000 USD alone it has become 10x times the price of 10,000 USD for 1 Bitcoin starting from now on the Binance market.
Just imagine with a nominal 100,000 USD = 1 Bitcoin there will be a lot of money in circulation and surely the holders of Bitcoin will experience sudden riches.

Maybe 1,000,000 USD is quite far but everyone has the right to assume and this is legitimate in the world of cryptocurrency.

I agree with you there. This even now still looks quite a time away from now because after the market recovers from this bear market from Bitcoin dipping to around $15k, recovering back to its ATH of $69k and surpassing that to $100k or maybe above and here comes another bear market and the cycle continue will definitely take a long while before a $1m Bitcoin price can be reached even though I believe someday this will happen.
The increase in the price of Bitcoin depends on demand and use in the market, the more countries that use Bitcoin and the more platforms that accept payments using Bitcoin, the price of Bitcoin has the potential to become very expensive, what needs to be done is to keep buying Bitcoin until the supply in circulation runs out and the more hard to get Bitcoin.

Offline I-Bit

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Re: After Breaching $10k, The Probability of Bitcoin Hitting $1 Million
« Reply #27 on: December 07, 2022, 10:33:58 PM »
Not sure if the price drops to $10k, and it is still doubtful that the price increases to $1 Million. It is too speculative, why don't only expect that the price to pass $100k first before predicting a bigger price? Our focus is on the possibility of the price passing $100k. In 2021, people stated that BTC price to skyrocket to $100k but it didn't happen. Now, we are waiting that price in the next ATH.


Offline msz900

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Re: After Breaching $10k, The Probability of Bitcoin Hitting $1 Million
« Reply #28 on: December 08, 2022, 05:27:51 PM »
I'm not sure about the news because if you look at the current conditions there hasn't been any improvement seen after halving or stabilizing above $ 10,000. If that happens many people will become rich

Bitcoin price is fluctuating and the prediction to reach $1M is not sure as in the past BTC was predicted to reach $100k but it starts bullish after reaching $60k. The future predicting of $100k is still in its place, as many experts still sure that BTC will reach $100k.
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Re: After Breaching $10k, The Probability of Bitcoin Hitting $1 Million
« Reply #29 on: December 09, 2022, 07:37:14 AM »
It is unlikely that bitcoin will reach such a high price, but the probability that this will happen is only when it starts to grow and reaches this mark is unknown. After all, many new projects are coming out that can replace bitcoin.
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