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Author Topic: Will bitcoin be worth 1M in 2030?  (Read 15560 times)

Offline KingsDen

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Re: Will bitcoin be worth 1M in 2030?
« Reply #120 on: September 06, 2024, 01:44:41 AM »
        -       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.
It is just like we are just being cowards. Fearful of the price of Bitcoin tomorrow or next week. In fact we do not want to predict Bitcoin in next month rather we want to predict in 2030. Before then everyone must have forgotten about today's prediction or even some of us might die. So I do not so much fancy this baseless speculations of BTC I years to come why we could not get hold of the price in the short range.
Predict for me the BTC price for next month, I'll have clue what the price will be by December;
Predict for me the price of bitcoin December 2025, I'll have a clue of what to expect in 2026 or 2027. The short term predictions builds up the long term.

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Re: Will bitcoin be worth 1M in 2030?
« Reply #120 on: September 06, 2024, 01:44:41 AM »

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Offline milewilda

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Re: Will bitcoin be worth 1M in 2030?
« Reply #121 on: September 06, 2024, 03:16:26 PM »
        -       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.
It is just like we are just being cowards. Fearful of the price of Bitcoin tomorrow or next week. In fact we do not want to predict Bitcoin in next month rather we want to predict in 2030. Before then everyone must have forgotten about today's prediction or even some of us might die. So I do not so much fancy this baseless speculations of BTC I years to come why we could not get hold of the price in the short range.
Predict for me the BTC price for next month, I'll have clue what the price will be by December;
Predict for me the price of bitcoin December 2025, I'll have a clue of what to expect in 2026 or 2027. The short term predictions builds up the long term.
It wouldnt really be that stressful or something that would be bothersome if you would be just letting it go on whatever the price it would be able to reach up or simply you dont mind on what would be its price on near future because if you do keep on making that optimistic approach and sees out the price do make out some nasty corrections then you would really be definitely be having that kind of disappointment or getting pissed on when happens or simply you would get stressed out.The key on here is that you should really just that invest on the amount on which you can afford to lose then you would really be having that confidence.

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Re: Will bitcoin be worth 1M in 2030?
« Reply #121 on: September 06, 2024, 03:16:26 PM »

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Offline alltalk

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Re: Will bitcoin be worth 1M in 2030?
« Reply #122 on: September 08, 2024, 10:18:26 PM »
It wouldnt really be that stressful or something that would be bothersome if you would be just letting it go on whatever the price it would be able to reach up or simply you dont mind on what would be its price on near future because if you do keep on making that optimistic approach and sees out the price do make out some nasty corrections then you would really be definitely be having that kind of disappointment or getting pissed on when happens or simply you would get stressed out.The key on here is that you should really just that invest on the amount on which you can afford to lose then you would really be having that confidence.
Actually, the current correction won't be so stressful for long-term holders. Even if the price still can't cross $70k again, they won't feel disappointed because we still have 2025 that is predicted to be the peak of the bullish season. But if in 2025 there is no peak of Bitcoin, those holders may feel disappointed. So, it is all about the target for selling and the what the time of the current trend is. As long as it is still not the time targeted for most holders to sell, those holders won't feel worried or disappointed. We know most people make their targets based on 4 years-cycle.

By the way, it is a must to use safe money for investment. Sure, the money used for Bitcoin investment should be "the amount of money that we can afford to lose". Bitcoin investment is quite risky, everyone mustn't be careless to spend their money/funds.

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Offline KingsDen

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Re: Will bitcoin be worth 1M in 2030?
« Reply #123 on: September 08, 2024, 10:45:37 PM »
 
Quote
if you would be just letting it go on whatever the price it would be able to reach up or simply you dont mind on what would be its price on near future
It is only Hodlers that can do this. Short term investors and day traders cannot do this because they depend on the price so much. Even the Hodlers will most times check on the price. Whatever thing we are doing in this industry, the price of BTC is so important to us.

Quote
Even if the price still can't cross $70k again, they won't feel disappointed because we still have 2025 that is predicted to be the peak of the bullish season.
Good you called it predictions. It might or not happen, nothing is sure and no one is promising anyone anything.

Offline pieppiep

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Re: Will bitcoin be worth 1M in 2030?
« Reply #124 on: September 09, 2024, 02:16:04 PM »
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.
When bitcoin was first developed, people were not sure what would become of its price and thus they never thought of such a price for Bitcoin being possible. It means that only several people having a large amount of money and knowledge in economics will attempt to purchase and preserve bitcoins for a long term. But for now, many have became billionaires from what they have done through holding Bitcoin since its creation up to date.
 
They provide different expectations, but as long as there is advancement in technology, it is still possible to boost it up to a point of x20. The most important point is that we should only waiting for the price return up more than you expected.

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Re: Will bitcoin be worth 1M in 2030?
« Reply #125 on: September 09, 2024, 09:08:37 PM »
Bitcoin can get to a million dollars and we don't have to argue much on this, but the uncertainties here is if we are going to have it achieved by 2030 or not, base on where we are now, we can consider the all time high and the possible expectation on the subsequent bullrun and all time high for the year, we only have to consider from where we are coming from and what other prospect we are to expect from the market value in the future.

Offline Rubel007

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Re: Will bitcoin be worth 1M in 2030?
« Reply #126 on: September 11, 2024, 04:20:48 AM »
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.
When bitcoin was first developed, people were not sure what would become of its price and thus they never thought of such a price for Bitcoin being possible. It means that only several people having a large amount of money and knowledge in economics will attempt to purchase and preserve bitcoins for a long term. But for now, many have became billionaires from what they have done through holding Bitcoin since its creation up to date.
 
They provide different expectations, but as long as there is advancement in technology, it is still possible to boost it up to a point of x20. The most important point is that we should only waiting for the price return up more than you expected.
What we find as the reason for the increase in the value of Bitcoin is the increase in the number of its buyers. It is natural that the more buyers there are, the higher the value of Bitcoin will be. When Bitcoin was first introduced, there was not much demand for Bitcoin. People did not gain confidence about it but over time people got the idea about it and the current value of Bitcoin has increased several times in few years. If we wait for the next few years then its price will increase even more. Whether it will reach 1 million by 2030 is hard to say now, but it is certain to be a much larger increase than the current state. If we have 100k bitcoins by 2025 and another halving before 2030 then if the price of bitcoins increases 10x from the current position then it will not be difficult to be worth around 1 million per bitcoin.

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Re: Will bitcoin be worth 1M in 2030?
« Reply #126 on: September 11, 2024, 04:20:48 AM »


Offline Mr. Magkaisa

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Re: Will bitcoin be worth 1M in 2030?
« Reply #127 on: September 13, 2024, 06:32:06 PM »
          -      It is now 2024, and yet 2030 is what OP is thinking about the future price of Bitcoin. Op, you should take a step for yourself first if you're going to accumulate Bitcoin this year, not what you immediately think about 6 years from now, which hasn't happened yet.

All the crypto community members who believe in bitcoin want that to happen, but the majority of those who have been in this industry for a long time will take a long time for that to happen, and the market is unpredictable; no one can say what the future of bitcoin will be, even though everyone believes that the future is good. It will be the future.

Offline bounceback

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Re: Will bitcoin be worth 1M in 2030?
« Reply #128 on: September 13, 2024, 07:47:30 PM »
          -      It is now 2024, and yet 2030 is what OP is thinking about the future price of Bitcoin. Op, you should take a step for yourself first if you're going to accumulate Bitcoin this year, not what you immediately think about 6 years from now, which hasn't happened yet.

All the crypto community members who believe in bitcoin want that to happen, but the majority of those who have been in this industry for a long time will take a long time for that to happen, and the market is unpredictable; no one can say what the future of bitcoin will be, even though everyone believes that the future is good. It will be the future.
Four months left for 2024 year and seems around five years later for 2030 expected bitcoin will worth it $1M or not, but regarding bitcoin price nowadays seems bit possibility this price will reach because bitcoin looks stable and more dominance on lower price than going to higher price.
Every day we faced bad news any side and make bitcoin difficult break or reach to higher price, I am not sure for 2030 have moment for bitcoin be worth around $1m but depend at the end of this year will bitcoin get faster recovery and keep stable without easily going down to lower price.

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Re: Will bitcoin be worth 1M in 2030?
« Reply #129 on: September 13, 2024, 08:47:02 PM »
Having this type of outlook towards the future is of course what we need from the market. I know that 1 million dollars is a lot, but its not something we can't achieve neither, its something that we can do and I feel like it could be done one way or another. I believe that 2030 is long way down the road as well so it shouldn't be a big deal, we can probably reach that. We just need to be able to wait, and by 2030 that means 5.5 years later, so we will have one more cycle after this one so its a possibility that could happen. I hope for the best without a doubt, its not going to be easy at all, but could happen.

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Re: Will bitcoin be worth 1M in 2030?
« Reply #130 on: September 14, 2024, 02:11:25 PM »
It wouldnt really be that stressful or something that would be bothersome if you would be just letting it go on whatever the price it would be able to reach up or simply you dont mind on what would be its price on near future because if you do keep on making that optimistic approach and sees out the price do make out some nasty corrections then you would really be definitely be having that kind of disappointment or getting pissed on when happens or simply you would get stressed out.The key on here is that you should really just that invest on the amount on which you can afford to lose then you would really be having that confidence.
Actually, the current correction won't be so stressful for long-term holders. Even if the price still can't cross $70k again, they won't feel disappointed because we still have 2025 that is predicted to be the peak of the bullish season. But if in 2025 there is no peak of Bitcoin, those holders may feel disappointed. So, it is all about the target for selling and the what the time of the current trend is. As long as it is still not the time targeted for most holders to sell, those holders won't feel worried or disappointed. We know most people make their targets based on 4 years-cycle.

By the way, it is a must to use safe money for investment. Sure, the money used for Bitcoin investment should be "the amount of money that we can afford to lose". Bitcoin investment is quite risky, everyone mustn't be careless to spend their money/funds.
There are even talks that bull run would really be that early and its true that it will really be that still unknown because if we do tend to look at on the past events then it do always
follow on the same cycle or movement and thats why it cant be blamed that people would really be still following on the same movement and thats why it would really be understandable
that they would really be that optiimistic that it would happen again on this upcoming trend. This is why it would really be that up to you whether you would really be that making up
positioning while the market is really that still on sideways movement.

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Re: Will bitcoin be worth 1M in 2030?
« Reply #131 on: September 14, 2024, 07:46:52 PM »
Having this type of outlook towards the future is of course what we need from the market. I know that 1 million dollars is a lot, but its not something we can't achieve neither, its something that we can do and I feel like it could be done one way or another. I believe that 2030 is long way down the road as well so it shouldn't be a big deal, we can probably reach that. We just need to be able to wait, and by 2030 that means 5.5 years later, so we will have one more cycle after this one so its a possibility that could happen. I hope for the best without a doubt, its not going to be easy at all, but could happen.
1M is too big an amount Bitcoin price has not crossed $100k so far.  After the price of Bitcoin crosses $100k it will need to increase 10x again to reach $1M.  Seeing the bull run in 2025 means seeing the bull run again in the next four years.  And that time will come in 2030.  Logically the year 2030 will be the time for Bitcoin price to crash.  Not 2030 I don't expect Bitcoin to be $1M by 2050 either because it's not a small amount.  Because to reach this price Bitcoin has to have a market cap of $21T according to Max Supply.  Which is not easy to overcome
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Offline bounceback

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Re: Will bitcoin be worth 1M in 2030?
« Reply #132 on: September 14, 2024, 10:38:22 PM »
Having this type of outlook towards the future is of course what we need from the market. I know that 1 million dollars is a lot, but its not something we can't achieve neither, its something that we can do and I feel like it could be done one way or another. I believe that 2030 is long way down the road as well so it shouldn't be a big deal, we can probably reach that. We just need to be able to wait, and by 2030 that means 5.5 years later, so we will have one more cycle after this one so its a possibility that could happen. I hope for the best without a doubt, its not going to be easy at all, but could happen.
1M is too big an amount Bitcoin price has not crossed $100k so far.  After the price of Bitcoin crosses $100k it will need to increase 10x again to reach $1M.  Seeing the bull run in 2025 means seeing the bull run again in the next four years.  And that time will come in 2030.  Logically the year 2030 will be the time for Bitcoin price to crash.  Not 2030 I don't expect Bitcoin to be $1M by 2050 either because it's not a small amount.  Because to reach this price Bitcoin has to have a market cap of $21T according to Max Supply.  Which is not easy to overcome
Its too difficult break out more than 10x again for bitcoin reach up to $1M because current bitcoin price dropped to $60k, I don't expected with too expensive of bitcoin price during under $100k and less possibility with one halving later moment for bitcoin break out more than 1000% from recently bitcoin price.
Need ten years later if any possibility for bitcoin hit up to $1M but if bitcoin still difficult break to $100k I think we can't see price above $1m euro near future.

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Re: Will bitcoin be worth 1M in 2030?
« Reply #133 on: September 21, 2024, 09:58:39 PM »
I think each market cycle we are in will give us an idea of what to believe and accept about the Bitcoin price. Since 2030 is a very long year to think of, we should focus on the current year(2024) and the upper-year (2025) for the possible price to see.

When we have passed this year and next year, to see what price Bitcoin has reached, we can then have a little idea of what price to anticipate in other years to come. However, let's just focus on this year's and next year's bull run, whether Bitcoin can reach $100k as a new ATH, for I am in believe that other years will take care of themselves by giving their own prices of Bitcoin

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Re: Will bitcoin be worth 1M in 2030?
« Reply #134 on: October 01, 2024, 05:49:12 AM »
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.
There is nothing impossible for Bitcoin to reach $1 million by 2030. Bitcoin will surely reach 1 million dollars in 2030 due to the way Bitcoin is going to gain popularity among people. We may see Bitcoin in 2024 but it is holding a very good place. So in these five years we definitely expect to see Bitcoin in a good position. So no matter what the situation is, we have to invest, invest and move forward, but if the Bitcoin market grows, we will succeed.
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