BTC Could Hit $98 Million (Yes… 98M USD) in 10-20 Years, Analyst Says

[sirty143]

The crypto market has remained bullish on the last weeks, prompting a recent wave of optimism and euphoria among traders, analysts and enthusiasts in general. The 5k zone has supported the BTC, allowing the token to remain stable, reversing some indicators.

Having successfully held above 5k, analysts believe that the strength of the bearish market is losing influence and, with the halving on the horizon, many think that the cryptomarket is starting the next bull run.

Unlike the sentiment of 2017, most analysts today speak of conservative numbers. High forecasts such as Tim Draper’s or John McAfee’s are seen as ... See more for yourself here.

[damsix]

1 Bitcoin = 98,000,000 USD = 2040.
1 Bitcoin = 4,500 USD = 2019.

This price is very far away and makes me confused to say this.
I can't see for this surprise and it's better for me to be HODL Bitcoin.

[aiviaa485]

If everyone's hopes are so, I am sure there will be a lot of money to be spent to buy 1 Bitcoin in the next 10 years.
Unfortunately. if Bitcoin breaks that price, I will be very happy at all and maybe I will become a landlord in my village. 

[Alcor]

Judging by how long and lingering the bear market period was after reaching a bitcoin price of $ 20,000 at the end of 2017, bitcoin is unlikely to ever reach a price of even a hundred thousand dollars. I'm not talking about the price of one million dollars, and even less about 98 million dollars. A cryptocurrency based in fact not trusting people cannot have such a high value compared to a common currency. As soon as Bitcoin rises in price, it will invariably fall, because some investors will be afraid of losing their funds and will fix their profits by selling some of their bitcoins. At the same time, it will always fall in price.

[Jayde]

Tim Draper is the first time I heard his name, but for Maccafe I don’t believe in his analysis anymore because all of his prediction in last year was wrong until now

[mimikri]

If everyone's hopes are so, I am sure there will be a lot of money to be spent to buy 1 Bitcoin in the next 10 years.
Unfortunately. if Bitcoin breaks that price, I will be very happy at all and maybe I will become a landlord in my village. 

I do not have these illusions. Yes, Bitcoin will grow, but it will not be so expensive. You cannot think that crypto is the currency for millionaires, right?

[anu1980]

1 Bitcoin = 98,000,000 USD = 2040.
1 Bitcoin = 4,500 USD = 2019.

This price is very far away and makes me confused to say this.
I can't see for this surprise and it's better for me to be HODL Bitcoin.

While the prediction is ridiculous, you can't assume that the price won't reach that point if there's a strong fundamental change. Remember that Bitcoin was priced less than 1 cents when it enters the market and now sit around $5k, that's more than 5000x return without any big fundamental. But now, slowly but surely there's a fundamental shift here and there.

[Pegasus]

Let's be honest, do you believe in this kind of forecast? IMO, it's nonsense. Cryptocurrencies in general and bitcoin in particular are being affected by so many factors: sharks, whales & governments. Even in one or two years ahead, it's so difficult to predict bitcoin's price. Who knows if in a few years ahead, governments strictly ban bitcoin and cryptos or just as easy as miners loss and leave mining?

[Cutter Cute]

At the end of 2017 when I saw a BTC price of $ 20k I still believed the price would rise again and reach a higher price, but when entering 2018 after the BTC price dropped very low, I thought it was very difficult if we wanted to see BTC prices as John wanted McAfee because we can see the current market situation is turning red in the coinmarketcap

[cybersoft]

Tim Draper is the first time I heard his name, but for Maccafe I don’t believe in his analysis anymore because all of his prediction in last year was wrong until now

Lol... A senior member here saying he didn't know how is Tim Draper.
Well, I don't know from which planet he came from, because I think if you are in cryptocurrency for at least 3 months you should know Tim Draper. You should know the prominent bitcoin guys such as; Mike Novogratz, Tom Lee, Arthur Hayes, CZ_Binance and many others.

By the way, saying bitcoin could hit $98m in 10-20 years is a myth.
Stop kidding yourselves with some analyst, the real USD is not a Zimbabwean Dollar.
How about bitcoin could hit $100k in 10-20 years, huh? Something that makes sense?   

[AnnaAnna]

Hello! I want to share with you good news!
After a successful Freldo ICO and reached Hard Cap, the Token FRECNX is traded on the BCEX exchange (TOP 15 on CoinMarketCap).

[Jayde]

Some of my friends they have a huge free money so they decided to hold Bitcoin for 10 years, as I can see from it, their profit in return could very higher

[ryap12]

What? I don't think it would reach that much. It may be even hard for BTC to reach $1,000,000 USD per bitcoin. But I am wodering if this was to happen then 1 satoshi would be $0.98 usd. And what about altcoins? Some of the prices should be near that $98,000,000 USD. Maybe ETHER will go $50,000,000 too! And my age by 2040 would be 46 which is still enough time to travel around the world with that much money. I will definitely buy a rocket by that time. I wanna go to space!

[Leonardo]

I kind of get bored with this kind of article. It's fine if you give a prediction on bitcoin's price in the next year or the following year of next year. But it does it make sense in 10 years? Do you even believe bitcoin will live until 10 years from now? I wished it would reach $98 milion but I'd rather wished it would touch $10k in the 2019 year end.

[Munareal]

Bitcoin being $98 Million in 2 decades or less is unrealistic. I agreed that no one can predict the price of cryptocurrency but 98 million is too high. A million dollar is more realistic but also far fetched. The aim of Bitcoin as an alternative to fiat currency has been defeated and Satoshi will not be happy because Bitcoin will only be for the super rich.