Bitcoin Forum

Hello everyone,

Its been a crazy the past 24 hours with Bitcoin making new highs, then we saw a strong dump taking prices to below $10,000 and then returning to normal conditions.
However, the crazy predictions are still out there - do you really think Bitcoin will reach $100k-$1m in the coming years?

Experts now predict a $100,000 future and a true global currency: https://coinblip.com/blog/bitcoin-some-experts-predict-100000/

John Macfee on twitter: https://twitter.com/officialmcafee/status/935900326007328768


What is your price predictions and by when?
 

In my opinion that Bitcoin will be reached at $1000000 in upcoming few years. But it may be in end of  2022. 

These are speculations rather than predictions at this point. They have no hard facts to base their assumptions on, so they are going wild with their guesses. I rather take all of this with a grain of salt.

the "predictions" are all over the place actually. as much as there are those who are screaming about $1 million per bitcoin there are others who are screaming bubble and how bitcoin is going to drop hard.

most of them, no matter which side they are on, are full of it though. they are just emotional and they want to make a profit from bitcoin. those who say it will go up want to dump, and those who say it will drop want to either short bitcoin or buy some more at the bottom because they missed out.

it is worth mentioning that there are some good speculations out there too, you just have to look for them. sometimes on tradingview there are good ones. but most of these people who make it to news sites are just hyping things or FUDing their asses off.

Subjectivity is a bitch. When i spoke with my friends this summer, i was convinced that if the value reaches 5000$ till new year, it will be great. Then a few months later, when it was already over 5k i was saying that it would be great if we reach 7k$ by the end of the year. Now it's one month away and i don't dare to give any prediction. But i'll say this - if this tempo continues, we will probably see 100k$. On the other hand, something unexpected can happen and the value can plummet to a single digit. Wait and see.

$1 million per BTC yields a market capitalization for bitcoin greater than $16 trillion. Today, globally, all national currencies of zero maturity (i.e. instantly accessible) are collectively worth $37 trillion; thus, McAfee implies BTC will have 30% market share. It is not impossible if BTC is used as a global payment network, but it is near impossible with a 1 MB block-size.

To the moon!

it is impossible to predict bitcoin price specially when of it. and if you look at all these speculators you can see most of them don't give you any time. it is said that bitcoin will reach 1 million dollar in a couple of years. some say 2020 some just say it will get there.

i am personally confident about the rise. i say each year we will see at least 3 times rise. for example if we start 2018 with $10k, year will end with at least $30k price. things are getting crazy and we are reaching the point where rises are becoming ridiculously fast. and it can last a while like this.

these are not prediction, are just speculation and in the wrong way.
Everyone would love to see BTC going to 1 million dollar by tomorrow morning but that's just not practical, it's not gonna happen overnight; it require a massive news (or more than one at the same time) to reach these numbers.
be practical guys, be a dreamer but just do not rely on this speculations.

This dump shows us that bitcoin is yet not finding resistance at 10k levels so it may tumble down further, any tumble is a good time to buy and hold for the future, I believe once the rally begins again minimum 12k and 15k by March is easily achievable 40k is predicted by the wall street guys so it's easy to believe it shall go high but then it can go 4k also it's Bitcoin never believe everything you read it's a mad market out here.

Bitcoin reaching $100,000 to $1,000,000 is absolutely exaggeration although anything can happen but before the price could reach that range there are may be some government policies or regulations which could make or mar the price of bitcoin the OP is just considering the present outlook of the price of bitcoin.

I personally do not think this is possible - too much of a stretch.
I do not think the governemnts will allow BTC to grow into something that large

It's very very hard to call right now, who knows the challenges it'll need to overcome to be fully widely adopted. At face value is a wild speculation but then again I don't think many people could have predicted its meteoritic rise from a few cent to the $10k we see today. I'm not going to get carried away with the speculation, i'll keep an eye on prices and the news and if I think the time is right for me to cash it and call it a day then I will - no $100k prediction will stop that

 I think it is very impossible bitcoin price will reach those speculated values because the more bitcoin will become expensive the more it will become hard to purchase specially by the small time investors in which is the majority. If bitcoin will become very expensive ordinary people will shift to other alternative in which cheaper than bitcoin like the Altcoins.

I honestly don't mind Bitcoin to reach whatever price it wants - but it needs to be sensible and organic growth is always the best.

Predictions are not always dependable. And a million dollar per bitcoin is a bit too much of guess. Bitcoin prices are very unstable this year, though it is positively high, we still can not say what causes this movement. It may be anything because as we advertise bitcoin, everything may be included.

A greater increase in his levels in the 3 years of the stock market, we have not yet observed. But apparently this is not the limit. The higher and faster Bitcoin grows, the more he will fall -- the law of the market. So waiting for a deep correction.