Will bitcoin be worth 1M in 2030?

[Metha Wulandarin]

Although nothing is impossible but we have to think with common sense, it makes no sense that Bitcoin can break 1M in 2030 let alone 1.48M unless there are 40M humans who buy Bitcoin at least $100 per individual maybe it can increase the price of Bitcoin to 1M.

What kind of calculation do you use to predict the price of Bitcoin just by knowing the number of enthusiasts and the number of purchases?? Bitcoin price movements are always dynamic, adjusting to market demand and supply... IMO, there is no definite relationship between the nominal amount of money to buy and the number of buyers to the exact price of Bitcoin... it will indeed increase, because there is high demand, but you can't easily call it $1 million just with that data.

Sorry if my calculations are wrong or inaccurate, this is only from my knowledge, if there are more and more enthusiasts then the token will be more rare automatically the price will increase, for example gold gold is expected to continue to decrease, if you have another opinion that is easy for others to understand please give your explanation.

[Mr. Magkaisa]

        -       You know, Op, I'm not thinking about that kind of thing right now because it's too far and there's a lot that can happen before that time comes. Don't focus too much on 2030 that's coming, but what's important is now, and while you wait for the year that, that's good for you to start saving Bitcoin now if you believe in its potential.

Because most of the people who ask questions like what you did simply do not have a hold on Bitcoin, it seems that they only have something to say and something to discuss. We should be there in the real world, not in the matter of being too good to be true; it's still in the majority.

[libert19]

Bitcoin prediction is that it could grow up to 1.48M by 2030. is this possible for you? Bitcoin has come a long way since it was first listed. In January 2024 it was worth $42,000, so it is not impossible for bitcoin to reach one million.

I also believe $BTC will cross $1M mark sooner or later, but I don't think it'll be in 2029/'30, rather IMO it'll take couple more halvings (after 2028 one) to reach that price.

It's just my two useless cents though, myself don't believe in any kind of predictions.

[armanda90]

I also believe $BTC will cross $1M mark sooner or later, but I don't think it'll be in 2029/'30, rather IMO it'll take couple more halvings (after 2028 one) to reach that price.

It's just my two useless cents though, myself don't believe in any kind of predictions.

Not sure yet for bitcoin will cross $1M in 2030 because taken one halving only and seems not enough to push bitcoin raise higher price, considering this year halving bitcoin success break ATH price but four month later price drop significant and bitcoin looks stable after difficulty break out higher price.
I don't sure yet bitcoin will cross above $1M indeed not impossible for bitcoin but still needed more longer time get reach higher price, need more patience maybe waiting around ten years later or two halving time cross for bitcoin get up to the higher price.

[Crypto Library]

Bitcoin prediction is that it could grow up to 1.48M by 2030. is this possible for you? Bitcoin has come a long way since it was first listed. In January 2024 it was worth $42,000, so it is not impossible for bitcoin to reach one million.

For becoming bitcoin 1.46million in 2030 bitcoin marketcap have to touch the 31.08 trillion dollar market cap and which is right now only 1.174 trillion so marketcap need to multiplying by 26.47x in this 6 years and this is quite impossible as per the speed of increasing the market-cap although there is also a says that nothing is impossible in cryptocurrency world.
So in my opinion for bitcoin 1.46million in 2030 is over rated

[Aanuoluwatofunmi]

Its no more a new thing for some of us that were into trading, whereby you may have to predict the market price of bitcoin and at the end, you will discover either you're far from the expected price range or you are very close ahead of the prediction made, if 1million is not what we can easily achieve like that, then we have to understand that we must start from somewhere before we can get there with time.

[pawel7777]

For becoming bitcoin 1.46million in 2030 bitcoin marketcap have to touch the 31.08 trillion dollar market cap and which is right now only 1.174 trillion so marketcap need to multiplying by 26.47x in this 6 years and this is quite impossible as per the speed of increasing the market-cap although there is also a says that nothing is impossible in cryptocurrency world.
So in my opinion for bitcoin 1.46million in 2030 is over rated

Your math is a bit off, the circulating supply of bitcoins is 19,747k, so $1m bitcoin would make the total marketcap of $19.7 trillion (or $21 trillion if we want to use the max supply), so not quite $31 trillion that you've mentioned.
So we "only" need to make x16.8 to get there.
Realistically, that's too much to expect in less than 6 years, we would need to have some USD collapse event to make that happen.

[Ricardo11]

The value of Bitcoin is never fixed, it can go up at any time and it can go down at any time. No one can predict it correctly, as many people thought that the price of Bitcoin will be above 70K by the end of August, but it is not, it is currently below 60k, so it is difficult to say whether Bitcoin will cross 1M in 2030. Before going to 100M in 2030, our earliest target is for Bitcoin to cross 100K by the end of this year or early 2025. Now let's see when we can hit 100k times.

[kulkhan]

Bitcoin prediction is that it could grow up to 1.48M by 2030. is this possible for you? Bitcoin has come a long way since it was first listed. In January 2024 it was worth $42,000, so it is not impossible for bitcoin to reach one million.

I also believe $BTC will cross $1M mark sooner or later, but I don't think it'll be in 2029/'30, rather IMO it'll take couple more halvings (after 2028 one) to reach that price.

It's just my two useless cents though, myself don't believe in any kind of predictions.

Everything is possible in cryptocurrency market. But it need proper time and proper situation. I think in future Bitcoin price will hit 1millon there has no doubt. But for hit 1 million need time for it. Till now Bitcoin mining not completed. We know Bitcoin mining will end after 2045.
So then Bitcoin mining will end and Demand will increase. So then Bitcoin price could be hot 1 million i strongly believe it.

[alltalk]

The value of Bitcoin is never fixed, it can go up at any time and it can go down at any time.

If Bitcoin price is fixed, it will have no volatility. And simply will be no investors to buy if the price is stable. 
Yep, the price always fluctuates every time. Today Bitcoin is decreasing, tomorrow it will rise again. It is normal, there is nothing wrong with Bitcoin price movement.

No one can predict it correctly, as many people thought that the price of Bitcoin will be above 70K by the end of August, but it is not, it is currently below 60k, so it is difficult to say whether Bitcoin will cross 1M in 2030.

Sometimes, there are people who can predict it correctly.
Who predict Bitcoin to be $70k at then end of August? I think those people never learned Bitcoin price history. If they learned it, they shouldn't be so confident to predict Bitcoin above $70k this month.

[pawel7777]

The value of Bitcoin is never fixed, it can go up at any time and it can go down at any time. No one can predict it correctly, as many people thought that the price of Bitcoin will be above 70K by the end of August, but it is not, it is currently below 60k, so it is difficult to say whether Bitcoin will cross 1M in 2030. Before going to 100M in 2030, our earliest target is for Bitcoin to cross 100K by the end of this year or early 2025. Now let's see when we can hit 100k times.

Still, many people seem to think that if Bitcoin could grow by x100 in the past, it could easily happen again, forgetting that the higher the price is, the lower the % growth will be. When we have BTC at $60k, we can't expect it to casually go x10 or x20 overnight just because of hype or some positive news. That would require a tremendous amount of money flowing in.

[Captain Corporate]

I still believe that having a long term understanding of the market is a great thing. This 2030 outlook means that if you really have an idea about it being higher just because of this, then you are going to be fine and if you could hold it until 2030 I think it will be at least a million dollars, but even if I am wrong, the reality is that it will be much higher than right now, and higher than inflation if you ask me. This is why I think it will do just fine, its definitely a good period to invest. Right now it would be a good investment, and if you do not wait too long, you are going to get a good price at the moment too.

[libert19]

I also believe $BTC will cross $1M mark sooner or later, but I don't think it'll be in 2029/'30, rather IMO it'll take couple more halvings (after 2028 one) to reach that price.

It's just my two useless cents though, myself don't believe in any kind of predictions.

Not sure yet for bitcoin will cross $1M in 2030 because taken one halving only and seems not enough to push bitcoin raise higher price, considering this year halving bitcoin success break ATH price but four month later price drop significant and bitcoin looks stable after difficulty break out higher price.
I don't sure yet bitcoin will cross above $1M indeed not impossible for bitcoin but still needed more longer time get reach higher price, need more patience maybe waiting around ten years later or two halving time cross for bitcoin get up to the higher price.

No offense intended, but you just said same thing as I said with different jargon of words. You are also legendary ranked, I expect better.

Everything is possible in cryptocurrency market. But it need proper time and proper situation. I think in future Bitcoin price will hit 1millon there has no doubt. But for hit 1 million need time for it. Till now Bitcoin mining not completed. We know Bitcoin mining will end after 2045.

The final halving is expected to occur in 2140.

[milewilda]

The value of Bitcoin is never fixed, it can go up at any time and it can go down at any time. No one can predict it correctly, as many people thought that the price of Bitcoin will be above 70K by the end of August, but it is not, it is currently below 60k, so it is difficult to say whether Bitcoin will cross 1M in 2030. Before going to 100M in 2030, our earliest target is for Bitcoin to cross 100K by the end of this year or early 2025. Now let's see when we can hit 100k times.

Still, many people seem to think that if Bitcoin could grow by x100 in the past, it could easily happen again, forgetting that the higher the price is, the lower the % growth will be. When we have BTC at $60k, we can't expect it to casually go x10 or x20 overnight just because of hype or some positive news. That would require a tremendous amount of money flowing in.

No one knows on what would be the future looks like and of course there would really be those people who would really be that believing that Bitcoin would really be able still to hit another x100?
If we do really just that think up sensibly then we could really be able to tell that it is really that unrealistic to believe such approach. Another x10 might be possible but it would really be still taking up long but just like been said that this isnt something that you could really be able to assure on what would happen in the future because everything would really be basing up with community demand and recognition or overall adoption.

[sampoerna]

Still, many people seem to think that if Bitcoin could grow by x100 in the past, it could easily happen again, forgetting that the higher the price is, the lower the % growth will be. When we have BTC at $60k, we can't expect it to casually go x10 or x20 overnight just because of hype or some positive news. That would require a tremendous amount of money flowing in.

Really agree with this, makes sense. It can be said that it is a very high and unreasonable expectation. Because indeed, 2030 is the bullish period in the coming season after 2025 which might happen. We still don't know whether in the peak season in 2025, the ATH Bitcoin price will really reach $ 100k or not.

Well, what's more, in just 1x bullish moment again, the price will jump 10x more and reach $ 1M? Hmm, I don't think that will happen in 2030. I don't know maybe it will happen in the future but not in the near future. That is a very high price, and it will not be easy to achieve.