Will bitcoin be worth 1M in 2030?

[debra]

With or without Trump bitcoin price will keep growing in value because Trump is not the one controlling bitcoin and no one can control bitcoin because it's decentralized and limited in supply. The potential value of bitcoin is what is making people to adopt it. It's demand and supply. The halving reduces the miners reward making it more scarcer with increase demand. Bitcoin will go to the moon.

Agree, you are right. Bitcoin price never relies on Trump. Trump only triggers the price of Bitcoin increasing for a while. Sure, Bitcoin is decentralized, Trump has no power to control the price. Now, whatever Trump does, it has no significant anymore with the price movement of Bitcoin. It totally depends on the supply-demand on the market. Nowadays, it seems people prefer to wait and see the market condition. So, there is a less demand of Bitcoin price.

[milewilda]

Every body predicted record breaking btc price because Trump won the election but it's struggling to get past $100k. Trump hasn't guaranteed bitcoin's rise will continue so we don't know what's going to happen in 2030 after he's replaced by a new president.

With or without Trump bitcoin price will keep growing in value because Trump is not the one controlling bitcoin and no one can control bitcoin because it's decentralized and limited in supply. The potential value of bitcoin is what is making people to adopt it. It's demand and supply. The halving reduces the miners reward making it more scarcer with increase demand. Bitcoin will go to the moon.

This is something that people should be able to understand and able be way  on how sentiments do works on crypto space on which we know that news and sentiments doesnt really work out everytime on which it could really be that negative or positive on which it doesnt ensure out that it will really be having such effect. For the question whether Bitcoin would be worth 1M in 2030? No one really knows on what will be the price for this year but pretty much sure that we will really be not be able to see this price but no one really knows right? There's always chances but lets say thatt here would really be always the possibility.

[Metha Wulandarin]

Every body predicted record breaking btc price because Trump won the election but it's struggling to get past $100k. Trump hasn't guaranteed bitcoin's rise will continue so we don't know what's going to happen in 2030 after he's replaced by a new president.

Their expectations are too excessive in wanting something that is almost impossible to achieve within just five years. Are they not aware that it is already 2025, and there are only five years left until 2030? Meanwhile, it took Bitcoin more than 10 years just to reach a price above $100K. In my opinion, it is impossible for Bitcoin to reach $1M in less than 10 years.

[Mr. Magkaisa]

With or without Trump bitcoin price will keep growing in value because Trump is not the one controlling bitcoin and no one can control bitcoin because it's decentralized and limited in supply. The potential value of bitcoin is what is making people to adopt it. It's demand and supply. The halving reduces the miners reward making it more scarcer with increase demand. Bitcoin will go to the moon.

Agree, you are right. Bitcoin price never relies on Trump. Trump only triggers the price of Bitcoin increasing for a while. Sure, Bitcoin is decentralized, Trump has no power to control the price. Now, whatever Trump does, it has no significant anymore with the price movement of Bitcoin. It totally depends on the supply-demand on the market. Nowadays, it seems people prefer to wait and see the market condition. So, there is a less demand of Bitcoin price.

        -      There are also other people who think that because Trump is the president, Trump can raise the price of bitcoin, which is something that
their mindset really shouldn't be like.

It's like what's really happening now is that they're depending on the price value of bitcoin to Trump, because if this is their mindset, it will come out that
bitcoin will no longer be decentralized. That's why the title of this topic is I don't think that will happen this year.

[Sim_card]

Every body predicted record breaking btc price because Trump won the election but it's struggling to get past $100k. Trump hasn't guaranteed bitcoin's rise will continue so we don't know what's going to happen in 2030 after he's replaced by a new president.

Their expectations are too excessive in wanting something that is almost impossible to achieve within just five years. Are they not aware that it is already 2025, and there are only five years left until 2030? Meanwhile, it took Bitcoin more than 10 years just to reach a price above $100K. In my opinion, it is impossible for Bitcoin to reach $1M in less than 10 years.

Bitcoin is not a ponzi scheme or some kind of shitcoins that will do 1000x within a short period of time. Bitcoin growth is a gradual process. It was easy for bitcoin to hit $1000 compared to hitting $10000. Therefore, it will take more difficult for bitcoin to reach $1M compared to reaching $100k price.

[Gurujebs]

Their expectations are too excessive in wanting something that is almost impossible to achieve within just five years. Are they not aware that it is already 2025, and there are only five years left until 2030? Meanwhile, it took Bitcoin more than 10 years just to reach a price above $100K. In my opinion, it is impossible for Bitcoin to reach $1M in less than 10 years.

The thing is that people that are in crypto see it as a quick money that's why majority is inclined on this huge money they want to make. Everyone want to be there to make it but they don't even check back story how the $100k was evenly achieved, this is collective effort of everyone that believes in Bitcoin and that's what they should do again, patience is what they need.

I don't know exactly when and how $1m per Bitcoin will come but I know for a certain that we are going to see that amount worth it money per Bitcoin, this is how Bitcoin has been, you don't know when it will happen.

[debra]

-There are also other people who think that because Trump is the president, Trump can raise the price of bitcoin, which is something that
their mindset really shouldn't be like. It's like what's really happening now is that they're depending on the price value of bitcoin to Trump, because if this is their mindset, it will come out that bitcoin will no longer be decentralized.

Many people who think in this way. They think Trump can control the price of Bitcoin, they don't know that Bitcoin is decentralized. Even if there is no Trump, Bitcoin still can increase its price as long as there is a demand on Bitcoin. There are many people who contribute in promoting Bitcoin, it is not only Trump. Trump only takes the advantage on Bitcoin, he may leave Bitcoin at any time.

[arabspaceship123]

It's in decline at $88K so we can't be sure it's going to reverse in up trend. It was over $97k a few days ago.

[Metha Wulandarin]

Every body predicted record breaking btc price because Trump won the election but it's struggling to get past $100k. Trump hasn't guaranteed bitcoin's rise will continue so we don't know what's going to happen in 2030 after he's replaced by a new president.

Their expectations are too excessive in wanting something that is almost impossible to achieve within just five years. Are they not aware that it is already 2025, and there are only five years left until 2030? Meanwhile, it took Bitcoin more than 10 years just to reach a price above $100K. In my opinion, it is impossible for Bitcoin to reach $1M in less than 10 years.

Bitcoin is not a ponzi scheme or some kind of shitcoins that will do 1000x within a short period of time. Bitcoin growth is a gradual process. It was easy for bitcoin to hit $1000 compared to hitting $10000. Therefore, it will take more difficult for bitcoin to reach $1M compared to reaching $100k price.

That's what I mean—if Bitcoin's price keeps getting higher, its upward movement will naturally slow down because it requires a much larger market capitalization first. When Bitcoin was at $1,000, it was still relatively easy to manipulate its price, but at its current price, it's not that simple anymore. For me, if Bitcoin reaches $100K, that would already be very good. And to reach $100K, it requires a massive market capitalization and won't happen instantly.

[Mr. Magkaisa]

-There are also other people who think that because Trump is the president, Trump can raise the price of bitcoin, which is something that
their mindset really shouldn't be like. It's like what's really happening now is that they're depending on the price value of bitcoin to Trump, because if this is their mindset, it will come out that bitcoin will no longer be decentralized.

Many people who think in this way. They think Trump can control the price of Bitcoin, they don't know that Bitcoin is decentralized. Even if there is no Trump, Bitcoin still can increase its price as long as there is a demand on Bitcoin. There are many people who contribute in promoting Bitcoin, it is not only Trump. Trump only takes the advantage on Bitcoin, he may leave Bitcoin at any time.

         -        That is the wrong idea they are planting in their minds about Trump, they should realize that no country can control the price value of Bitcoin. It is also a wrong basis that they are looking at Trump as the reason for bitcoin to reach 1M$ each.

Those who are already deep in this bitcoin industry know that bitcoin will indeed reach 1Million each, no one knows when this can happen to any of us here.

[arabspaceship123]

A slow upward movement's expected but it reached $80k so we're years away from $1M or it's possible it won't get there.

That's what I mean—if Bitcoin's price keeps getting higher, its upward movement will naturally slow down because it requires a much larger market capitalization first. When Bitcoin was at $1,000, it was still relatively easy to manipulate its price, but at its current price, it's not that simple anymore. For me, if Bitcoin reaches $100K, that would already be very good. And to reach $100K, it requires a massive market capitalization and won't happen instantly.

[Gurujebs]

It's in decline at $88K so we can't be sure it's going to reverse in up trend. It was over $97k a few days ago.

We saw $78k today which has been be lowest we have seen since this bull run started. Is this the bottom yet, to be candid with you I can say but that depends on what speculators does later because they have been behind this manipulation of price, otherwise all the news that has been circulating around isn't enough to cause any market downfall but the market will surely prevail.

There is also going to be some bear news coming along our way but as far as the market is in uptrend in the monthly candle, we are still in bull market and it's possible we can see uptrend price like you said.

[milewilda]

It's in decline at $88K so we can't be sure it's going to reverse in up trend. It was over $97k a few days ago.

We saw $78k today which has been be lowest we have seen since this bull run started. Is this the bottom yet, to be candid with you I can say but that depends on what speculators does later because they have been behind this manipulation of price, otherwise all the news that has been circulating around isn't enough to cause any market downfall but the market will surely prevail.

There is also going to be some bear news coming along our way but as far as the market is in uptrend in the monthly candle, we are still in bull market and it's possible we can see uptrend price like you said.

We've seen that $78k price and no one sees out for that to come even myself that really just that expecting for $85k drop down but we've seen that huge slump but eventually be able to make recovery after that. Pure manipulation eh? Its not something which is really that shocking but even though we are already that been veteran or been here on this market for a while but still these drops could really be giving out that kind of impulse emotions and questions on how the heck it made out such dump when the market doesnt have any news? This do really proves out that this market is truly that unpredictable and there's no way that you can be able to know on where it would be going. For those who are really just that new into this market then they would definitely having those kind of doubts and reactions on the current on whats happening.

[arabspaceship123]

Investors aren't focused on $1M because it's a truly unpredictable market. Ppl buy bitcoin for $100k now they're worth $84k so what happens to sellers if it's under $80k tomorrow ?

We've seen that $78k price and no one sees out for that to come even myself that really just that expecting for $85k drop down but we've seen that huge slump but eventually be able to make recovery after that. Pure manipulation eh? Its not something which is really that shocking but even though we are already that been veteran or been here on this market for a while but still these drops could really be giving out that kind of impulse emotions and questions on how the heck it made out such dump when the market doesnt have any news? This do really proves out that this market is truly that unpredictable and there's no way that you can be able to know on where it would be going. For those who are really just that new into this market then they would definitely having those kind of doubts and reactions on the current on whats happening.

[Rubel007]

With or without Trump bitcoin price will keep growing in value because Trump is not the one controlling bitcoin and no one can control bitcoin because it's decentralized and limited in supply. The potential value of bitcoin is what is making people to adopt it. It's demand and supply. The halving reduces the miners reward making it more scarcer with increase demand. Bitcoin will go to the moon.

Agree, you are right. Bitcoin price never relies on Trump. Trump only triggers the price of Bitcoin increasing for a while. Sure, Bitcoin is decentralized, Trump has no power to control the price. Now, whatever Trump does, it has no significant anymore with the price movement of Bitcoin. It totally depends on the supply-demand on the market. Nowadays, it seems people prefer to wait and see the market condition. So, there is a less demand of Bitcoin price.

Agree with you, when the market is hyped for a certain period of time, many people increase their investment, and when the hype ends, the demand for it decreases. After Trump supported Bitcoin, the demand for Bitcoin increased greatly, which led to a rapid increase in its price, but Trump will never be able to control Bitcoin. Rather, Trump won his election by using the love that people have for Bitcoin. I am not saying that he has given up Bitcoin. So far, I can say that he is also a Bitcoin enthusiast. Even if there is no reason, after the Bitcoin price increases, it will continue to decrease again, this is the way Bitcoin works. And the logical thing is that when the supply increases, it will have an effect on the price. And when the supply decreases, its price will increase. There is no possibility of the price of Bitcoin increasing or decreasing depending on any specific person or institution.