Will Bitcoin Really Reach $1 Million?

[LogiC]

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.

[Tnoy30]

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.

[gunhell16]

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?

[Lorix]

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.

[Rasta99]

It can happen. Depending on market demand, if market demand is greater than supply, it is possible in my opinion.

[carcas]

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

[Alter]

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

[gourav787]

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 .

[Fenix]

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.

[Gubre]

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.

[mlawson71]

Wouldn't it be a good thing to invest even if it rallies to just 15 - 20k?

[Coin63@]

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.

[Blue4]

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 .

[Tutte]

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.

[TERMINO]

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.