Will Bitcoin Really Reach $1 Million?

[Duckenth]

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.

[Senin]

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.

[Nostoman]

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?

[tervel]

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.

[alltalk]

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. 

[Muneeb22]

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.

[Tanimariya]

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.

[blue]

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 .

[Paglamon]

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.

[debra]

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.

[H2O]

Undoubtedly impossible. How can you think Bitcoin price will increase to $10000 to $1000000.  It humming 100 times.

[dodok]

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.

[Malam90]

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.

[Master107]

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.

[Fenix]

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.