Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: TomPluz on June 20, 2020, 05:16:36 AM
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In the past, there had been many well-known and unknown personalities who got into the habit of predicting that in some years Bitcoin can be so valuable and possibly will be a million dollar. Now, of course, it is hard to just believe claims as we do not know the future to be exact and Bitcoin remains to be a volatile asset which still has to be officially accepted as a global currency.
Do you still believe that BTC can be able to one day reach the million dollar mark? Will it be 10 years or 20 years from now?
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reaching 1 million price seems impossible, imagine how much fee could be, for sure it's a hundred or thousand dollar fee and people will not using bitcoin anymore then it will follows the dump price.
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Where you get this kind of impossible information? J don't believe this because many people assume that bitcoin will be hit $1 million in running year. But is it quite possible??? Which formulas can it be calculated, just a nun and bull story.
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If I base on the market movement in the past and the current situation of the market plus the awareness of the society with regards to Bitcoin. I would think that it is very impossible to reach that level even after 10 or 20 more years it's quite impossible to reach that level. The prediction is just to create hype among traders and investors to force the price to move upward..
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I agree that it is not impossible for Bitcoin to have a higher price but to reach $1 Million is quite hard to believe. Especially if we look at the current price, it is only around $9,000. I still cannot imagine in what way the price of Bitcoin can surge to $1 Million. It won't jump or surge suddenly, there should be a strong reason that Bitcoin price to increase. So, as far as I see, there is no reason for Bitcoin to increase at a crazy rate, around $1 Milion.
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I doubt if Bitcoin can reach $1 Million, the number is too high. let's think more realistic hope, like expect the price of around $20,000 in the next years. I think it is impossible to reach $1 Million, I don't see the chance for Bitcoin to move greatly to $1 Milion in the next few years. No chance without big news! :D
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If we are talking about 20 years later, I really can't predict it because it is too far. However, it may be able to reach that amount. But, talking about now or even 3 years later, I only think that BTC can reach $15 is a very good to increase. Now, the price of BTC is stagnant and down enough even after bitcoin halving
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I doubt if Bitcoin can reach $1 Million, the number is too high. let's think more realistic hope, like expect the price of around $20,000 in the next years. I think it is impossible to reach $1 Million, I don't see the chance for Bitcoin to move greatly to $1 Milion in the next few years. No chance without big news! :D
Well, I do not wonder anymore why John McAfee withdrawn his popular 1 Million and the dick prediction because maybe he realized that actually he was just joking. Maybe 50 years from now, this can be possible but at that time BTC can be gone. Or we are all gone.
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1 MILLION USD per Bitcoin , I didn't think that this is possible , According to my point of view this is possible only when all Bitcoin is minned and then it's demand is increased day by Day and Bitcoin touch a good value Day by day.
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1 BTC = $1,000,000 ? This is like magic, even though actually in Cryptocurrency anything can happen but this is impossible.
Do not imagine too high, to return to reach $20,000, Bitcoin is still unable, even though it has been three years since Bitcoin reached the highest price.
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One million just sounds entirely improbable to me, but who knows, weirder things have happened.
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No, it will not reach $1,000,000 per coin simply because (assuming all Bitcoin was mined) that would imply the total value of all coins would be about 21 trillion dollars.
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This is impossible, because every day more and more people invest in Bitcoin and hold Bitcoin, and if Bitcoin will reach such price, everyone would become millionaires and billionaires, but whales not want this, so we can only dream about this price.
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Why the prediction of the Bitcoin price is so far away to reach? As we know, today's price on the market only hits around $9300. It is so difficult to reach $10k. How is it about reaching $1M? I think that it needs a long time to reach that amount. Whatever the price, we can really hope that BTC will always have reached a higher price again
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~Maybe 50 years from now, this can be possible but at that time BTC can be gone. Or we are all gone.
Yeah, you are right. Maybe it takes 50 years and even more if the Bitcoin still exists. Yep, that means almost no chance for the Bitcoin to reach $1 Million. Even it still exists in the next 50 years, there is no guarantee that Bitcoin can reach $1 Million. It is a big amount of money that is far away from the current price of Bitcoin.
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So far the price is predicted, so many people do not believe it. I million dollars for a piece of Bitcoin is an incredible price, if that is true then many people will go crazy because they are disappointed to have sold Bitcoin at a cheaper price.
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It seems to me that the price for bitcoin of one million dollars is an impossible idea. This will primarily be prevented by the high price volatility of bitcoin. During any growth, Bitcoin will periodically go to the correction of its course or for various other reasons to fall in price. This always causes a slight panic of the holders, and if the price of Bitcoin by this time is high, the panic will be serious and the price of Bitcoin will again return to its original position.
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i don't believe this information. I have not heard any such post or talk. Many people are commenting like this. Actually they did not understand. Many people are saying that the price of bitcoin will be $ 1 million this year. It is foolish to talk like this at the moment. This year could see a 2k increase. Various experts and economists say that covid will have an impact on bitcoin. As a result, the price of bitcoin will not increase much. But its price will not decrease. There are some signs of growth. It is foolish to expect prices to rise overnight. Do you already know all about the market?
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Bitcoin can reach $1 million USD, but various financial analysts have different opinions about how likely that is to happen. The general consensus seems to be that it will have to be a major player in the world economy to reach the kind of market capitalization required to break $1 million.
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Bitcoin can reach $1 million USD, but various financial analysts have different opinions about how likely that is to happen.
Not impossible but the chance looks small if we consider the current price. Of course, the analysts will have different opinions/predictions as some of them likely want to be famous by making a non-sense statement, or maybe some of them paid to say certain predictions. That's why we must be smart to consider the analysts or experts' statements, don't hurry to believe/trust. We need to have our own research as well.
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Yes, this is possible that BTC will touch the 1 million of dollar but it take some time and i think almost 5 to 7 years but it will touch the high.
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I still believe that BTC could be able to reach millions of dollars in one day. There are still many people who are experts. They predict. They understand in advance. Yes, I believe that in a few years Bitcoin could be so valuable and possibly a million dollars. It is not impossible. And in the future, I think it will be officially approved in many countries.
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Bitcoin is world wide digital currency but at this current situation lot of countries do not accept BTC although still this coin growth is increasing so it's market capitalization is significantly increasing everyday because this coin more popular and best for investments moreover many countries are do not try to stop BTC transactions and many countries are trying to legalize BTC investments so I hope BTC future will be good so $1million is possible in future .
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I believe, $ 1 million in the cryptocurrency market is not impossible. I have seen many coins pumped. Many coins take a long time to become high value. Again I have seen that many coins have improved a lot in less time. Many people have given many doctrines, many doctrines match. However, I think it will take a long time for the price of bitcoin to rise. You have to understand that bitcoin is not influenced by you i. So no one's comment will prevail here.
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Bitcoin reaches $1 Million is only the dream of Mc Afee. I think it is a nonsense prediction as the current price is only about $9,000. How can the price go $1 Milion this year? I think we are better to think a reasonable thing, ex: think the price to reach $15,000 or what happens at the beginning of the next year.
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Undoubtedly impossible. How can you think Bitcoin price will increase to $10000 to $1000000. It humming 100 times.
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if in my opinion to be possible it might be able to reach $ 1 million bitcoin but for the time being maybe no one knows because the movement of bitcoin can not be guessed, all the new predictions and predictions are not sure to be true, so just hope that as soon as bitcoin touches $ 1 million.
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In the past, there had been many well-known and unknown personalities who got into the habit of predicting that in some years Bitcoin can be so valuable and possibly will be a million dollar. Now, of course, it is hard to just believe claims as we do not know the future to be exact and Bitcoin remains to be a volatile asset which still has to be officially accepted as a global currency.
Do you still believe that BTC can be able to one day reach the million dollar mark? Will it be 10 years or 20 years from now?
Nothing can be predicted about cryptocurrency. Now we are facing a critical Covid 19 moment, and the world is passing the worst time in the history ever. I think it is a day dream of thinking $1M price per Bitcoin from 10 years later. To be or not to be, but we believe it will hit $20k again.
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Well, it always possible whatever the price predictions but it depends when it will come true. The value of $1 million seems like writing on the water to me, very impossible to happen even 50 years from now.
Price prediction $1, 000,000
Price of bitcoin now $9,239.60
There is a difficulty reaching 10k and still far to 100k and so far to 500k.
So $1 million price is unreachable and unrealistic as for now.
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Apparently, we will not see the price of bitcoin in one million dollars ever. This is clearly unrealistic for any currencies and means of payment. No matter how much we want this, many opposing factors will immediately be included here, as a result of which forecasts based on technical schedules will not work. Although cryptocurrency still remains an unknown world, the laws of the financial system are still the same for everyone. There are also many checks and balances. And above all, bitcoin holders themselves will not allow to grow so high in price.
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Undoubtedly impossible. How can you think Bitcoin price will increase to $10000 to $1000000. It humming 100 times.
Why not? No one can say its not, maybe for now its not time to go that far, but hearing the words impossible is out of the picture. Maybe its unbelievable but look how much before is btc. How many percent did it increase before? We are only 10years from its launch and thr growth is exponentially high. I can say, it will improve more in the future.
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The price of Bitcoin is not likely to be so high at the moment. Because at the moment, the king of cryptocurrency, don't worry about the development of bitcoin's #DevelopmentTeam . If the donation of bitcoin at this moment is $ 1 million then the economy has to be held accountable. That's why not everyone will support the increase in the price of bitcoin overnight. I think the #DevelopmentTeam will consider the overall aspect of growth. However, it would be better if the price of bitcoin was limited to $ 15,000 to $ 20,000. There is no reason to think morally at the moment. Positive judgment can change the whole crypto world.
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In the past, there had been many well-known and unknown personalities who got into the habit of predicting that in some years Bitcoin can be so valuable and possibly will be a million-dollar. Now, of course, it is hard to just believe claims as we do not know the future to be exact and Bitcoin remains to be a volatile asset that still has to be officially accepted as a global currency.
Do you still believe that BTC can be able to one day reach the million-dollar mark? Will it be 10 years or 20 years from now?
For now, it's only a dream that's the truth! Because the thoughts and thinking of the individuals in cryptocurrency business will remain speculation, but possible this year it will reach more than 20k$ but not 1M$ each bitcoin. But still, nothing to lose if we believed on that amount of price right?
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Yes, in the past there were many well-known and unknown personalities who predicted the value of bitcoin. In fact, they knew about the market map. They could understand the future signal of bitcoin or other coins. They are actually experts. But those who are saying at the moment that the price of bitcoin will be $1 million . They are actually living in a fool's paradise. They have no knowledge of bitcoin. When bitcoin is officially adopted as a global currency, its price will increase. But in the future when bitcoin will be officially accepted as a currency. Then the value of this currency could be $1 million. Bitcoin will be accepted as a universal currency worldwide. The number of bitcoin users will spread all over the world.
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It can happen. Depending on market demand, if market demand is greater than supply, it is possible in my opinion.
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Let's just say everyone in the world uses bitcoin for virtual payments. I think the price of bitcoin could reach it if viewed from a very limited supply. It doesn't hurt to expect positive things for bitcoin because the price of bitcoin cannot be predicted in the future
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For under 5 years, it will be impossible to BTC to reach 1M. This is too difficult because to reach over $10k is also very hard to maintain it. It is always under the price prediction even it is after halving. I don't think it is able to reach it because it is a too high number. But I don't know if it is after 20 years later
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This is really look difficult that bitcoin touch $1M USD in market . I think this is possible only when their isn't any bitcoin for mining on other side Bitcoin demand is increased day by day .
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I don't think bitcoin will ever reach the $ 1 million price point. In some virtual world this may be possible, but not in our physical world. Even if there are investors who will buy bitcoin or even parts of it when it costs about a million dollars, which I deeply doubt, the states will not allow it to rise to such high prices. They will not allow this to happen, since it will actually be a redistribution of world finance. However, I think that it will not come to the adoption of any measures against bitcoin by the states, since the participants in the cryptocurrency market themselves will constantly lower the price of bitcoin, selling it as soon as it begins to rise significantly in price.
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No. I can say that if bitcoin will reach such all time high price is the very risky price to invest. Thus, this be its own downfall as you have already mentioned that bitcoin is volatile.
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Wouldn't it be a good thing to invest even if it rallies to just 15 - 20k?
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Reaching bitcoin 1 million is impossible but I think everything is possible in cryptocurrency world market. So bitcoin will hit 20000 in running year 2020 but in long future bitcoin may be hit 100000 obviously if bitcoin exist.
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I don't know exactly but many people are predicted bitcoin will touch $50k to $100k if $100k is possible definitely one day Bitcoin will touch $1million because everything is possible in cryptomarket no one can't stop the cryptomarket so Bitcoin may touch $1milloin in future .
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Some crypto analysts have made this prediction about btc price reaching $1 million but this is very hard to believe, even if there will be anything like this, it will probably happen years to come,for now the price be within $20k or a bit more.
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Yes, it will happen. Imagine we are currently in the year 2020 the condition of Bitcoin is $11.7K,so far, it had been there in $20K went back to 2017. Bitcoin is just 10 years in existence from 2009 and did marvelous performance to reached $20K.
If $1,000,000 per Bitcoin will happen it takes many many years because the increase of price is not a magic but it is a process.
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In the past, there were people who predicted Bitcoin and their predictions matched. There were some unknown people in the past who were very interested in making predictions. Many now make predictions. But what is the prophecy? Bitcoin prices must rise. It will take time and its price is not accurate. But I think it could be a million dollars. Many people have predicted that it will be one million dollars. It will be but it will take a long time. That means it takes a long time for the price of Bitcoin to reach 1 million.
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In the past, there had been many well-known and unknown personalities who got into the habit of predicting that in some years Bitcoin can be so valuable and possibly will be a million dollar. Now, of course, it is hard to just believe claims as we do not know the future to be exact and Bitcoin remains to be a volatile asset which still has to be officially accepted as a global currency.
Do you still believe that BTC can be able to one day reach the million dollar mark? Will it be 10 years or 20 years from now?
Aything can be happen at bitcoin dude, as long as it is volatile. Remember before lot of people don't believe that Bitcoin will reach 1300$ but what happened it was all of a sudden reached even when 2017 came up too Bitcoin price jumped up to more than 20k$ almost each month of December 2017, so no one knows. Let's wait and see for this!
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In the past, there had been many well-known and unknown personalities who got into the habit of predicting that in some years Bitcoin can be so valuable and possibly will be a million dollar. Now, of course, it is hard to just believe claims as we do not know the future to be exact and Bitcoin remains to be a volatile asset which still has to be officially accepted as a global currency.
Do you still believe that BTC can be able to one day reach the million dollar mark? Will it be 10 years or 20 years from now?
In my own observation and prediction I think its not possible to reach bitcoin in one million dollar.But also I believe that bitcion will be able to reach the million dollar mark in 5 years or 10 year.I wait eagerly for that.
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No doubt, 1 million and more than of thanks to Bitcoin will happen. 1 million and more than of curses, regrets, and questions will happen. But I'm still not yet convince of 1 million value of Btc to happen either 50 years from now unless the value of dollar dramatically decrease.
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one bitcoin can become millions of dollars. I think it's difficult, I think bitcoin to be able to $ 50000 is already very expensive.
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In the past, there had been many well-known and unknown personalities who got into the habit of predicting that in some years Bitcoin can be so valuable and possibly will be a million dollar. Now, of course, it is hard to just believe claims as we do not know the future to be exact and Bitcoin remains to be a volatile asset which still has to be officially accepted as a global currency.
Do you still believe that BTC can be able to one day reach the million dollar mark? Will it be 10 years or 20 years from now?
In future BTC reach $1million it is over ambitious thinking. The price will be double it may possible but after 20 years! I am not sure am i alive or not how will i predict ?
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Will Bitcoin Price Reach $1 Million? No one can know for sure about this. Now the situation in the world is such that any scenario is possible. I personally believe in Bitcoin for 1 million.
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It is not possible to believe that the price will reach $1million
Let's see what will happen after 5 years if Allah till then alive
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We have already seen what happened to the price of Bitcoin and the entire cryptocurrency market after Bitcoin hit $ 20,000 in December 2017. The market has been stagnant for several years. First, you need to see how the cryptocurrency market will react to the bitcoin price of $ 40,000 and slightly higher. Graphs and diagrams cannot be directly transferred to our real life.
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In the past, there had been many well-known and unknown personalities who got into the habit of predicting that in some years Bitcoin can be so valuable and possibly will be a million dollar. Now, of course, it is hard to just believe claims as we do not know the future to be exact and Bitcoin remains to be a volatile asset which still has to be officially accepted as a global currency.
Do you still believe that BTC can be able to one day reach the million dollar mark? Will it be 10 years or 20 years from now?
I will not say' "it is impossible". Rather it is possible but when and how we don't know. It may reach within 10 years or 20 years or not really happen. But at this moment, it is $11400 which is standard price for the crypto investors. As Bitcoin's number is limited to 21M, it can possible to hit $20k in this year.
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Everything can happen at any time because this Bitcoin has no price limit, whoever owns Bitcoin is the one who has the power over that price.
1,000,000 USD feels very expensive for now but in the future I think 1,000,000 USD will feel cheap.
This price is same like as Motorcycle or Super Car , and this is options for Hold long term or Sell for now on the exchange.
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It is not realistic that 1 Million Dollar will be 1 btc. I think it is definitely impossible. Many well known person and annalists predict that it will be $100k dollar. So in this regard my opinion is that btc will never reach $1 million dollar.
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I never say never because weirder stuff has happened, but I do think it's very improbable.
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I never say never because weirder stuff has happened, but I do think it's very improbable.
someday in 30-50 years it is quite possible that we will pay satoshi in stores
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~Maybe 50 years from now, this can be possible but at that time BTC can be gone. Or we are all gone.
Yeah, you are right. Maybe it takes 50 years and even more if the Bitcoin still exists. Yep, that means almost no chance for the Bitcoin to reach $1 Million. Even it still exists in the next 50 years, there is no guarantee that Bitcoin can reach $1 Million. It is a big amount of money that is far away from the current price of Bitcoin.
BTC is very much struggling very hard to increase the price but currently its stagnant in $11k - $12k. predicting it to $1M would be very ambitious and impossible to happen. let's just hope for the best of Bitcoin and other crypto currency. anyways we are here not because of the technology but we are here because we wanted to gain and make a good profit to multiply our money. We should be happy if price would increase.little by little.
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O was watching cryptozombie on youtube. grayscale is buying 800 btc a day on average when 900 are being mined or created each day. :)
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A Big NO. It won't reach 1 million dollar. Bitcoin will become obsolete and replaced by another dominant coin before it reaches that price. I am just being realistic here, with the slow development of Bitcoin, it is lagging behind and there are several altcoin that is far more superior than BTC tech.
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A Big NO. It won't reach 1 million dollar. Bitcoin will become obsolete and replaced by another dominant coin before it reaches that price. I am just being realistic here, with the slow development of Bitcoin, it is lagging behind and there are several altcoin that is far more superior than BTC tech.
I do not agree with you. No one can beat Bitcoin anymore. Because this coin is great and will remain great forever. So don't jump to that conclusion.
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A Big NO. It won't reach 1 million dollar. Bitcoin will become obsolete and replaced by another dominant coin before it reaches that price. I am just being realistic here, with the slow development of Bitcoin, it is lagging behind and there are several altcoin that is far more superior than BTC tech.
I do not agree with you. No one can beat Bitcoin anymore. Because this coin is great and will remain great forever. So don't jump to that conclusion.
Well, I don't expect everyone to have the same thought. I respect what you believe but one shouldn't be a fanatic of something because if that happen, one's mind will be clogged and won't see better opportunities in life. Don't get mistaken, I like Bitcoin but at its current state there are lots of new altcoin that have advance technology. Being popular does not mean it has the best feature out there.
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for the price of 1 million $ I think it is impossible because at this time bitcoin has decreased in price more than it has gone up, what's more, now there are rival coins for bitcoin YFI that have exceeded the price of bitcoin 3x times