Bitcoin Forum

Economy => Speculation => Topic started by: adpinbr on August 18, 2018, 03:18:16 PM



Title: $10million in 2023 possible?
Post by: adpinbr on August 18, 2018, 03:18:16 PM
At the first halving on November 28, 2012, BTC/USD traded around $12. By the second, on July 9, 2016, it was $657. The third halving — due in mid-2020 or in 644 days — will see the block reward reduce from 12.5 BTC to 6.25 BTC, while What’s On Crypto suggests ongoing trends could see prices hit a giant $10 million by 2023-quoted by wilma woo.

These predictions are giving us hope about the future of bitcoin but we all know that bitcoin is know for its volatile and unstable characteristics. Do you think that the expert's predictions are possible or do you think that this are just a mere simple prediction.



Title: Re: $10million in 2023 possible?
Post by: malekbaba on August 18, 2018, 03:33:27 PM
well do the math by yourself. What is the total supply of bitcoin? lets just calculate circulating supply and multiply by $10 million. Hope you will have your answer. And anyhow if you can manage 10 BTC , you will have 100 million dollars !!! It is just simple prediction only, not financial advice. But BTC will be more expensive and whole crypto will be well regulated. Fake ICO and scammers will be kick out and real investors will enter into crypto market, it is my future thinking regarding crypto


Title: Re: $10million in 2023 possible?
Post by: o_e_l_e_o on August 19, 2018, 09:06:56 PM
21 million coins multiplied by 10 million dollars a coin would give a market cap for Bitcoin of $210 trillion. Given that the market cap of all crypto is currently only around $210 billion, I very much doubt it that $10 million a coin will ever happen, let alone within 5 years.


Title: Re: $10million in 2023 possible?
Post by: FlamingFingers on August 19, 2018, 09:17:51 PM
I wish to know where people are getting those 'predictions' from. $10M*21M = $210 trillion market cap. So you are saying that Bitcoin alone will beat global stock markets (whose capitalisation is valued at $60–$80 trillion and predicted to grow to $100T by 2020) in only 5 years, and even if you predict based on bitcoin price at the previous halving, it would be $36K not $10M.


Title: Re: $10million in 2023 possible?
Post by: KenChanYu on August 19, 2018, 09:21:12 PM
21 million coins multiplied by 10 million dollars a coin would give a market cap for Bitcoin of $210 trillion. Given that the market cap of all crypto is currently only around $210 billion, I very much doubt it that $10 million a coin will ever happen, let alone within 5 years.

This is an exaggerated expectations on bitcoin, and it wasn't exactly what we're looking for now. The $20k is just enough to happen and with that very expensive price of bitcoin that's too much. It's not possible to happen, well in fact we're still struggling to reach at $20k again and somebody's thinking that very huge value. Let's just remain calm and optimistic at best limits.


Title: Re: $10million in 2023 possible?
Post by: AnimalRule on August 19, 2018, 09:22:45 PM
Having in mind how fast is bitcoin developing this is so distant future.
And such estimation is far too exaggerated. Let's be more focused on something that is happening now.


Title: Re: $10million in 2023 possible?
Post by: wormgummy019 on August 19, 2018, 09:26:12 PM
At the first halving on November 28, 2012, BTC/USD traded around $12. By the second, on July 9, 2016, it was $657. The third halving — due in mid-2020 or in 644 days — will see the block reward reduce from 12.5 BTC to 6.25 BTC, while What’s On Crypto suggests ongoing trends could see prices hit a giant $10 million by 2023-quoted by wilma woo.

These predictions are giving us hope about the future of bitcoin but we all know that bitcoin is know for its volatile and unstable characteristics. Do you think that the expert's predictions are possible or do you think that this are just a mere simple prediction.




For me, everything is possible so there is a chance that the price in 2023 will reach $10 million. It might happen because of the development of bitcoin and in that year, many people are investing in bitcoin.


Title: Re: $10million in 2023 possible?
Post by: solenn heussaff on August 19, 2018, 09:29:02 PM
At the first halving on November 28, 2012, BTC/USD traded around $12. By the second, on July 9, 2016, it was $657. The third halving — due in mid-2020 or in 644 days — will see the block reward reduce from 12.5 BTC to 6.25 BTC, while What’s On Crypto suggests ongoing trends could see prices hit a giant $10 million by 2023-quoted by wilma woo.

These predictions are giving us hope about the future of bitcoin but we all know that bitcoin is know for its volatile and unstable characteristics. Do you think that the expert's predictions are possible or do you think that this are just a mere simple prediction.



It is possible to reach $10 million in 2023 because in that year many people knows bitcoin so many people investing in bitcoin. The technology and the bitcoin is developing so there is a chance that it will reach that price.


Title: Re: $10million in 2023 possible?
Post by: aghedo1 on August 19, 2018, 09:31:32 PM
10 millions USD is quite some figure, I don't think we will hit that high, also, lately, price of bitcoin has not really correlated to the mining output so halving may not do so much to the price


Title: Re: $10million in 2023 possible?
Post by: aghedo1 on August 19, 2018, 09:33:52 PM
I wish to know where people are getting those 'predictions' from. $10M*21M = $210 trillion market cap. So you are saying that Bitcoin alone will beat global stock markets (whose capitalisation is valued at $60–$80 trillion and predicted to grow to $100T by 2020) in only 5 years. OK, I will bite.
Now your calculations really put things in the right perspective. 210 trillion is ridiculous even for the bond market let alone for cryptocurrencies.simply not feasible 


Title: Re: $10million in 2023 possible?
Post by: BitcoinNewbie15 on August 19, 2018, 09:36:23 PM
21 million coins multiplied by 10 million dollars a coin would give a market cap for Bitcoin of $210 trillion. Given that the market cap of all crypto is currently only around $210 billion, I very much doubt it that $10 million a coin will ever happen, let alone within 5 years.

This is an exaggerated expectations on bitcoin, and it wasn't exactly what we're looking for now. The $20k is just enough to happen and with that very expensive price of bitcoin that's too much. It's not possible to happen, well in fact we're still struggling to reach at $20k again and somebody's thinking that very huge value. Let's just remain calm and optimistic at best limits.

This is a prediction so ridiculous it borders parody. $10 million would only happen if the US dollar collapsed and is near worthless to the point of 100 USD buying a pack of gum. $20k will happen again eventually, just keep hodling, but don't expect $10 million. A lot of newbies have these outrageous predictions because they want to get rich.


Title: Re: $10million in 2023 possible?
Post by: MartinAK on August 19, 2018, 09:46:28 PM
Nothing is impossible buddy but looking at this figures you are giving, it does not look realistic but anything can happen.


Title: Re: $10million in 2023 possible?
Post by: BitHodler on August 19, 2018, 10:36:58 PM
People take everything far too seriously. It's just something that's theoretically possible. If you want, you can shape charts in such a way that they return crazy high figures, and that's exactly what happened here.

It's also theoretically possible that the price reaches $100 million per Bitcoin at some point in the future. The question that you should always ask yourself is whether or not it's likely. In this case, is it likely? Definitely not.

Bitcoin is a great instrument in more ways than one, but has not much other than speculation to fuel it for now, and I honestly don't know how long it will take before we see a significant change in that regard. 


Title: Re: $10million in 2023 possible?
Post by: ralle14 on August 19, 2018, 10:41:21 PM
I get that the halving helps maintain the price of Bitcoin at a certain level but expecting Bitcoin to reach $10m in the next 5 years only because of the halving is next to impossible. If we see a surge in 2023 that $10m won't last long just like how $20k lasted last December and expect the price will correct immediately. This is more of a speculation than a possibility because Bitcoin won't have enough users to push the price to $10m


Title: Re: $10million in 2023 possible?
Post by: Bezobraznike on August 19, 2018, 10:55:48 PM
Nothing is impossible buddy but looking at this figures you are giving, it does not look realistic but anything can happen.

   He really give us a big figure to discuss about. I agree with you MartinAK, more than with others. It doesn`t look
realistic by all means, but when we know what is Bitcoin we know that anything can happen.
   For price to reach $10M for single Bitcoin I think all world should adopt it in next 5 years, and faster. Adoption is
going in the right direction, but can we expect some adoption on global level any time soon?
   Government institutions are still discussing about that. Anything can happen, but for now this is not the speed we
need to achieve million dollars for one bitcoin in next 5 years.


Title: Re: $10million in 2023 possible?
Post by: Biodom on August 20, 2018, 12:28:34 AM
Most likely, not.

Here is an interesting factoid;

The number of $ billionaires as about 2754 currently.
It was growing at average 9.3% a year in the last 10 years.
projecting forward, in 2023, we might expect to have 4296 billionaires.

however, there are about 16000 accounts with more than 100 btc.
https://medium.com/@BambouClub/are-you-in-the-bitcoin-1-a-new-model-of-the-distribution-of-bitcoin-wealth-6adb0d4a6a95

If bitcoin is at 10 mil/btc, all those accounts would be $ billionaires, producing too high number of billionaires in 5 years (4296 vs >20000).
Too much variation in growth.

Let's allow for no more than 50% deviation from the projected number of billionaires and make it an upper boundary.
50% extra would be 2148 additional billionaires (for a total of 6444 in 2023).

Going back to medium article, there are 1756 accounts with 1000-10000 btc and above that.
It stands a reason that, perhaps, you need about 900-950 btc to bring total number of such accounts to needed 2148.

Therefore, you would need about 900-950 btc for $1bil account value or $1.05-1.1 mil/btc to have maximum 50% increase (from the expected number) of billionaires in the world.

But when it is possible to have 10mil/btc and still be at current trend of billionaire growth?
The answer is in about 23-25 years (2041-2043).

TL;DR $10 mil is quite unlikely, but up to about $1mil/btc in 5 years is possible.


Title: Re: $10million in 2023 possible?
Post by: onrise on August 20, 2018, 05:08:46 AM
Sometimes become practical to think can anything such achieve this type of price, and you will the answer by yourself . Even if all countries in the world approves it and make it legal then too is it possible? But already we know not all countries are approving it so it is out of question now.


Title: Re: $10million in 2023 possible?
Post by: arpon11 on August 20, 2018, 06:44:20 AM
At the first halving on November 28, 2012, BTC/USD traded around $12. By the second, on July 9, 2016, it was $657. The third halving — due in mid-2020 or in 644 days — will see the block reward reduce from 12.5 BTC to 6.25 BTC, while What’s On Crypto suggests ongoing trends could see prices hit a giant $10 million by 2023-quoted by wilma woo.

These predictions are giving us hope about the future of bitcoin but we all know that bitcoin is know for its volatile and unstable characteristics. Do you think that the expert's predictions are possible or do you think that this are just a mere simple prediction.


[/quoteGod help me to keep on holding and buying more as it seen the future of cryptocurrencies is very bright and we can only makes money if we can hold  for long-term.  I find out that most of these predictions are around 2023 and it means now is the right time to buy.


Title: Re: $10million in 2023 possible?
Post by: Reatim on August 20, 2018, 07:05:40 AM
Just like you said, it's just giving us hope, false hope. $10 Million per bitcoin is just on the real of imagination. To go reach that price bitcoin should be adopted that time and many people are using it not just as a investment. I wouldn't put any weight on that kind of prediction because its really impossible to see bitcoin getting to $1 million.


Title: Re: $10million in 2023 possible?
Post by: millensharon8 on August 20, 2018, 07:24:41 AM
They are predictions just as you have mentioned and I see it more like what someone is wishing would happen and then decides to say it out loud which does not mean it would happen. At least, it is baseless predicting a market that surely no one knows what the future holds and we can only keep blending with the trend.

2023 is a very long time from now and it would be too much for anyone to be unnecessarily worrying what bitcoin price would be by then, knowing that anything is possible. If we are to judge based on past years and now, we might say something close could be likely, but at the same time, past incidence is not a way to judge future patterns.


Title: Re: $10million in 2023 possible?
Post by: LFC_Bitcoin on August 20, 2018, 07:27:04 AM
Fucking hell, let’s get to $100,000 (which will still take a while) before we start imagininf $10,000,000 per coin.


Title: Re: $10million in 2023 possible?
Post by: rickadone on August 20, 2018, 10:36:47 AM
At the first halving on November 28, 2012, BTC/USD traded around $12. By the second, on July 9, 2016, it was $657. The third halving — due in mid-2020 or in 644 days — will see the block reward reduce from 12.5 BTC to 6.25 BTC, while What’s On Crypto suggests ongoing trends could see prices hit a giant $10 million by 2023-quoted by wilma woo.

These predictions are giving us hope about the future of bitcoin but we all know that bitcoin is know for its volatile and unstable characteristics. Do you think that the expert's predictions are possible or do you think that this are just a mere simple prediction.
If one bitcoin becomes 10 million dollars, it will be more than any other investment type ever in history of the earth.
There are roughly 18 million bitcoins in the world (lets assume it stays this way because we can't exactly calculate how many it will be in 2023 and I am really tired :D ).

If 18 million bitcoins worth 10 million each. That would make the total market cap of bitcoin into 180 TRILLION DOLLARS. I am not kidding, that is one hundred eighty trillion dollars, no I did not put one extra zero anywhere. To put into perspective NYSE is the biggest stock market in the world with 20 trillion dollars and NASDAQ as the second at 8 trillion dollars. Do you really think that bitcoin alone itself can worth 10 times the amount of NYSE ?


Title: Re: $10million in 2023 possible?
Post by: Aikidoka on August 20, 2018, 11:44:32 AM
Bitcoin will continue to increase. That is a fact. However, it will not be able to reach $10m in 2023 because it is not about calculation because the bitcoin price is unpredictable, but it is about how far will these government and their ban to bitcoin will keep spreading. We know that bitcoin is gaining its popularity. But right now, it is facing many obstacles and hardships, and I am not sure whether they will end or not. For now, let us all be patient.


Title: Re: $10million in 2023 possible?
Post by: Denker on August 20, 2018, 12:16:38 PM
That's just wishful thinking. 2023 I would already be happy to see $100k per Bitcoin.
Gosh I don't even expect Bitcoin to be worth a million dollars within the next 20 years to be honest.
So no $10mio until 2023 in completely nonsense!


Title: Re: $10million in 2023 possible?
Post by: adam1230 on August 20, 2018, 01:40:55 PM
For the next halving bitcoin will set target for 30k$ and will raise more than 30$ and than we will see some consodilation.
But for 2023 i do not think that bitcoin will hit there. But for sure halving rockets the bitcoin prices cause of mining costs.


Title: Re: $10million in 2023 possible?
Post by: aqila baruroh on August 20, 2018, 04:07:42 PM
in early 2018 many said the price of bitcoin would reach 50k - 100k, I was afraid this would also happen to your predictions. maybe many people say wtf when reading this thread.


Title: Re: $10million in 2023 possible?
Post by: Mr.grin on August 20, 2018, 04:17:55 PM
Fucking hell, let’s get to $100,000 (which will still take a while) before we start imagininf $10,000,000 per coin.
LOL, I think they are too far in thinking about rising prices. well, right, even $ 100,000 might be a big challenge that year. besides, don't expect prices to be too high, because that can be a source of frustration.


Title: Re: $10million in 2023 possible?
Post by: Harlot on August 20, 2018, 04:31:09 PM
But will the holders really wait to that price point before they even sell? If we have learned in its price they don't wait for a certain price before they sell. You can see that before BTC even hit 20,000$ people started selling their BTC and officially started the bear market. People are so eager to take profit they don't care ahout a certain price point anymore. This greediness I see on each individual is I think thereason why BTC won't go up to a really big number. And 10 million $ is really an unreasonable number to target with.


Title: Re: $10million in 2023 possible?
Post by: cellard on August 20, 2018, 04:34:36 PM
This is my favorite model so far when it comes to framing the impact of halvings on the price:

https://cdn.pbrd.co/images/HA4psq3.jpg

So if we are going to use that channel, frammed within the halving periods it could mean that we would hit $100,000 somewhere around 2020-2021 period.

Worst case scenaro, we stay within the lower bracket of the channel, which would mean delayed in as much as 2024 or so.

If it goes parabolic mode it could hit higher valuations. I mean the McAfee prediction is still not insane, it got way ahead of the McAfee $1,000,000 by dec 31 2020 curve by a ton during $20k peak so there is a big margin to have during this bear market. It could still go parabolic and hit $1,000,000 for all we know.


Title: Re: $10million in 2023 possible?
Post by: Febo on August 20, 2018, 05:29:51 PM
At the first halving on November 28, 2012, BTC/USD traded around $12. By the second, on July 9, 2016, it was $657. The third halving — due in mid-2020 or in 644 days — will see the block reward reduce from 12.5 BTC to 6.25 BTC, while What’s On Crypto suggests ongoing trends could see prices hit a giant $10 million by 2023-quoted by wilma woo.

These predictions are giving us hope about the future of bitcoin but we all know that bitcoin is know for its volatile and unstable characteristics. Do you think that the expert's predictions are possible or do you think that this are just a mere simple prediction.

There will not be $10 millions BTC anytime in 2023. Unless USD totally lose value.    Also I am wonder if they mention halving, why they bother with 2023. Halving will be on 2024. And drastic prices increases come with a delay of halving. So if they would expect $10 millions BTC at 2025, could at least have a tiny bit of sense.


Title: Re: $10million in 2023 possible?
Post by: Pab on August 20, 2018, 08:53:03 PM
At the first halving on November 28, 2012, BTC/USD traded around $12. By the second, on July 9, 2016, it was $657. The third halving — due in mid-2020 or in 644 days — will see the block reward reduce from 12.5 BTC to 6.25 BTC, while What’s On Crypto suggests ongoing trends could see prices hit a giant $10 million by 2023-quoted by wilma woo.

These predictions are giving us hope about the future of bitcoin but we all know that bitcoin is know for its volatile and unstable characteristics. Do you think that the expert's predictions are possible or do you think that this are just a mere simple prediction.


c

Depends what you smoke.If btc will reach 100k$ than usd is over but we will have war than
dollar is not safest currency in the world euro is also problematic
But 10 mln $ for 1 btc
In a time of big depression one suitcase of Deutsche mark was worth packet of matches


Title: Re: $10million in 2023 possible?
Post by: Silent Elementals on August 21, 2018, 03:32:43 AM
Anything that is possible in the cryptocurrency market. But we can not fully assume that it will be 100 million dollar in 2023. The whole cryptoconcular market is an unstable market. It is sure that the price of bitcoin will be increased, but we can't assump exact figure.


Title: Re: $10million in 2023 possible?
Post by: Herbert2020 on August 21, 2018, 05:19:45 AM
These predictions are giving us hope about the future of bitcoin but we all know that bitcoin is know for its volatile and unstable characteristics.

actually predictions like these are the worst things that can happen to bitcoin because they are practically encouraging people into thinking that they can become rich with bitcoin just by holding it. and eventually they are advertising the "get rich with bitcoin" way of thinking which is terrible because bitcoin was never meant to be used like that. bitcoin is meant to be a currency which you use just like you use any other  currency not just an investment you hoard in hopes of getting rich.


Title: Re: $10million in 2023 possible?
Post by: Biodom on August 21, 2018, 05:22:37 AM
At the first halving on November 28, 2012, BTC/USD traded around $12. By the second, on July 9, 2016, it was $657. The third halving — due in mid-2020 or in 644 days — will see the block reward reduce from 12.5 BTC to 6.25 BTC, while What’s On Crypto suggests ongoing trends could see prices hit a giant $10 million by 2023-quoted by wilma woo.

These predictions are giving us hope about the future of bitcoin but we all know that bitcoin is know for its volatile and unstable characteristics. Do you think that the expert's predictions are possible or do you think that this are just a mere simple prediction.


c

Depends what you smoke.If btc will reach 100k$ than usd is over but we will have war than
dollar is not safest currency in the world euro is also problematic
But 10 mln $ for 1 btc
In a time of big depression one suitcase of Deutsche mark was worth packet of matches

I fail to see a connection.
Berskshire is at 314.6K/share.
Does this affect the $?
Absolutely not.
BTC is just a very rare asset (there are not many btc and getting them is hard).
I don't see any relation to inflation.
BTW, it had no relation to inflation between 2010 and 2017 (it was a penny or below on 2010).


Title: Re: $10million in 2023 possible?
Post by: cryptotezi on August 21, 2018, 05:28:47 AM
Bitcoin prices have risen more than before and will grow further in the future. But it is not absolutely sure Bitcoin can get 100m in 2013. It really depends entirely on time, over the entire cryptomarket nd on investors.


Title: Re: $10million in 2023 possible?
Post by: Vengland on August 21, 2018, 06:41:03 AM
The analysis was really good. Hopefully, I will be more benefited by this analysis will motivate to invest again. And many new investors will be interested in investing in bitcoin and will have the courage to bear patiently.


Title: Re: $10million in 2023 possible?
Post by: NyxAssasin on August 21, 2018, 09:05:50 AM
i think it can be possible.But we have able to  manage that much bitcoin. if you can manage it  i think you can gain $10 million within 2023.


Title: Re: $10million in 2023 possible?
Post by: begau on August 21, 2018, 09:15:17 AM
Bitcoin prices have risen more than before and will grow further in the future. But it is not absolutely sure Bitcoin can get 100m in 2013. It really depends entirely on time, over the entire cryptomarket nd on investors.
You confuse $10million in 2023 and $100million in 2013. How can you be sure? ;D if I know for sure I will sell all my assets now to buy Bitcoin.


Title: Re: $10million in 2023 possible?
Post by: GhostAltCoin on August 21, 2018, 09:19:53 AM
well as per the market is growing we can definitely hope for something positive but ensuring anything is hard cause this business is very tricky and many factors fall impact on the market so this kind of situation prediction does really work


Title: Re: $10million in 2023 possible?
Post by: talkbitcoin on August 21, 2018, 09:27:13 AM
it is true that each time we have had a halving in the past, price has gone up a lot before and after it but you should know that the reason for those rises weren't having on its own.
halving is just affecting the supply not the demand. all this time price has been rising because the demand has been rising and when halving happens the effect of increased demand becomes more palpable so is the rise.


Title: Re: $10million in 2023 possible?
Post by: artaks on August 21, 2018, 09:48:25 AM
I think you are very excited about the cryptocurrency progress, but if have experience about this market then you also must have known this that it is very unpredictable place things changes every moment here so in such condition what will actually happens on 2023 it is hard to say now


Title: Re: $10million in 2023 possible?
Post by: Stuart_Shook on August 21, 2018, 09:52:26 AM
At the first halving on November 28, 2012, BTC/USD traded around $12. By the second, on July 9, 2016, it was $657. The third halving — due in mid-2020 or in 644 days — will see the block reward reduce from 12.5 BTC to 6.25 BTC, while What’s On Crypto suggests ongoing trends could see prices hit a giant $10 million by 2023-quoted by wilma woo.

These predictions are giving us hope about the future of bitcoin but we all know that bitcoin is know for its volatile and unstable characteristics. Do you think that the expert's predictions are possible or do you think that this are just a mere simple prediction.



This seems a bit extreme to me. I'd be a bit more conservative in my estimations, but I'd certainly say that it will increase before the halving, not so much after. The speculative nature of bitcoin means everyone will be buying in anticipation of a halving, and that will drive the price higher than it should be. Then, either directly before or immediately after the event, a lot of people will cash out.

I'd be aiming in the 30k region more realistically based on technical analysis and recent price action. Assuming it doesn't get hit with any more bad news.


Title: Re: $10million in 2023 possible?
Post by: Exprow on August 21, 2018, 10:23:04 AM
Five years is quite a long time for this volatile market. No one can surely say that how its going to be for BTC and cryptocurrency. I hope we will see some positive move of the market but I don’t see BTC going this much high.


Title: Re: $10million in 2023 possible?
Post by: clarkgeneral86 on August 21, 2018, 10:42:06 AM
I don't know at the time of $10 million what is the fee of a transaction? It is probably $10,000 for once. Although the analysis seems reasonable, it is difficult.


Title: Re: $10million in 2023 possible?
Post by: BorisVirla on August 21, 2018, 11:03:25 AM
I do not know how much bitcoin will cost, it's better not to guess, the main thing is not to decrease.


Title: Re: $10million in 2023 possible?
Post by: Btchunter3333 on August 21, 2018, 11:07:23 AM
I think anything is possible in crypto world. As we see last year , why not see $10million in 2023. The best now is to get more bitcoins and hold for long run.


Title: Re: $10million in 2023 possible?
Post by: o_e_l_e_o on August 21, 2018, 03:43:24 PM
I don't know at the time of $10 million what is the fee of a transaction? It is probably $10,000 for once. Although the analysis seems reasonable, it is difficult.

That is not how Bitcoin fees work. They are based on the byte size of the input, regardless of the price of Bitcoin at the time. Fees would go up solely because the price per satoshi had gone up, but the fees could still be as low as 1-2 satoshi/byte. It would work out as something like $20-30 for a 1 input transaction.

Still, this is all hypothetical because this is never going to happen.  ;D


Title: Re: $10million in 2023 possible?
Post by: cryptotezi on August 21, 2018, 03:55:37 PM
$10 million is too much I think. We may see the rise of cryptocurrency market, particularly the BTC even go higher. But this price wouldn’t be possible unless BTC comes with something great and price of USD goes down.


Title: Re: $10million in 2023 possible?
Post by: RadiontLoss on August 21, 2018, 04:12:30 PM
Price of Bitcoin will rise higher in times and it is expected, predicted by many individuals. But I don’t think price will be this much high. In times, people will be able to find out whose prediction comes true.


Title: Re: $10million in 2023 possible?
Post by: StringFire on August 21, 2018, 04:20:29 PM
I see a great future ahead. If proper investors enter and the price pumping is stopped and also the fake ICO’s domination gets over I believe the market can reach this amount value within 2023


Title: Re: $10million in 2023 possible?
Post by: CryptoPairFTX on August 21, 2018, 04:33:43 PM
Maybe this is not going to happen that the price will be $10 million. Definitely the price will rise but not like this amount of price. Because crypto hasn’t become so much stable yet


Title: Re: $10million in 2023 possible?
Post by: CrazyBTC7800 on August 21, 2018, 04:42:15 PM
I don’t agree with the amount you have mentioned but I agree that the rise of the price of Bitcoin will be very high. Because the world is looking to it more and hence the demand will be increased as well the price


Title: Re: $10million in 2023 possible?
Post by: TungayETH on August 21, 2018, 04:59:29 PM
There is a possibility that bitcoin will reach $10 million. If the market is regulated and the demand and price will be the same as now then it will reach $10 million.


Title: Re: $10million in 2023 possible?
Post by: SnodGrass74 on August 21, 2018, 05:25:17 PM
Bitcoin will be the costliest coin in the future. The rate is dependent on the demand and sale of bitcoin. It this continue in future also, I think it will be $10 million.


Title: Re: $10million in 2023 possible?
Post by: OneyZ on August 21, 2018, 05:30:15 PM
There are a lot of fake ICO projects in the current crypto market. Because of them, the investors are getting afraid to invest for cryptocoins like bitcoin. I think if the fake projects out of the market then it will be possible to reach $10 million easily.


Title: Re: $10million in 2023 possible?
Post by: Emence on August 21, 2018, 06:05:45 PM
I think bitcoin will be the most expensive coin when the market will be bullish. So $10 million just a small prediction, I hope it will be more.


Title: Re: $10million in 2023 possible?
Post by: Beffm on August 21, 2018, 06:17:13 PM
I think it’s possible. The way bitcoin get popularities and spreading all over the world so anything can be happened just we need the market to be stable. And I hope within a very short time we can see the rising.   


Title: Re: $10million in 2023 possible?
Post by: RottenSteel on August 21, 2018, 06:31:10 PM
Actually it is unpredictable. It can be $10million or it can be more expensive. But I am hoping bitcoin will be really glorious in the near future. Who knows how will be the market and how the price will rise.


Title: Re: $10million in 2023 possible?
Post by: overst on August 21, 2018, 06:44:12 PM
10 million USD is very big amount. I don't it will be easy to achieve this value. I am a bitcoin fan but still i think 10 million is not a joke. From my point of view i see bitcoin on 100k USD in 2023.


Title: Re: $10million in 2023 possible?
Post by: Cacingkemi on August 21, 2018, 09:57:21 PM
The expert's prediction maybe occur cause 2023 is still very far around 4 years away and in those days there will definitely be a lot of good news that will drive value,That 10 million predictions are full of hope I also want that good thing, but not all will go smoothly towards that value.


Title: Re: $10million in 2023 possible?
Post by: figmentofmyass on August 21, 2018, 10:10:33 PM
awesome, more uber bullish extrapolations. instead of 5 figures, we're going for 8! :o

if you ask me, there's no point extrapolating. even if we assume similar rates of growth in demand (based on the past), it's impossible to know how much of the bitcoin supply could come to market at any given price level. we're starting to get some rough estimations regarding the number of lost coins (or coins that are unlikely to move, like the bitfinex hack coins), but there are simply too many unknown variables.

markets are already unpredictable when you have lots of market information. here, we have very little.


Title: Re: $10million in 2023 possible?
Post by: the1arty on August 21, 2018, 11:47:08 PM
At the first halving on November 28, 2012, BTC/USD traded around $12. By the second, on July 9, 2016, it was $657. The third halving — due in mid-2020 or in 644 days — will see the block reward reduce from 12.5 BTC to 6.25 BTC, while What’s On Crypto suggests ongoing trends could see prices hit a giant $10 million by 2023-quoted by wilma woo.

These predictions are giving us hope about the future of bitcoin but we all know that bitcoin is know for its volatile and unstable characteristics. Do you think that the expert's predictions are possible or do you think that this are just a mere simple prediction.



The logic is pretty right, but I doubt it will happen. Only the US debt can go parabolic :D. In your case bitcoin should show the same parabolic growth as all the previous years, and big boys will not allow earning that kind of money.
I think the price will follow those big whale wallets, which did not move much of btc and hodl. Imagine if they will sell, where the price will go. Anyways, bitcoin has a bright future, but I doubt we will go even to 6 figures in next few years.


Title: Re: $10million in 2023 possible?
Post by: pitiflin on August 21, 2018, 11:57:30 PM
At the first halving on November 28, 2012, BTC/USD traded around $12. By the second, on July 9, 2016, it was $657. The third halving — due in mid-2020 or in 644 days — will see the block reward reduce from 12.5 BTC to 6.25 BTC, while What’s On Crypto suggests ongoing trends could see prices hit a giant $10 million by 2023-quoted by wilma woo.

These predictions are giving us hope about the future of bitcoin but we all know that bitcoin is know for its volatile and unstable characteristics. Do you think that the expert's predictions are possible or do you think that this are just a mere simple prediction.
Man, bitcoin is supposed to be a currency. No would pay 10 Million for a freaking currency. If it goes to 10 Million, there'll be less buyers and more sellers. So if that scenario ever becomes true, bitcoin will fall back hard, so badly. 10 Million is a ridonculous amount. Just go buy some kfc using Bitcoin from Canada,if you live there. Or go buy something, but don't come up with this thought.


Title: Re: $10million in 2023 possible?
Post by: Ozero on August 22, 2018, 05:21:29 AM
At the first halving on November 28, 2012, BTC/USD traded around $12. By the second, on July 9, 2016, it was $657. The third halving — due in mid-2020 or in 644 days — will see the block reward reduce from 12.5 BTC to 6.25 BTC, while What’s On Crypto suggests ongoing trends could see prices hit a giant $10 million by 2023-quoted by wilma woo.

These predictions are giving us hope about the future of bitcoin but we all know that bitcoin is know for its volatile and unstable characteristics. Do you think that the expert's predictions are possible or do you think that this are just a mere simple prediction.


I think that ten million dollars bitcoin will never cost. It will not cost one million dollars. It's nothing more than fantasy. And in general it is difficult to predict the price of bitcoin, he constantly presents us with unexpected price surprises. In general, we need to remember that the higher the bitcoin's price, the more risky it will be to invest in it.


Title: Re: $10million in 2023 possible?
Post by: NyxAssasin on August 22, 2018, 09:18:20 AM
I am hoping that bitcoin will have a massive value. 10 million looks possible from my opinion. I think if bitcoin become accepted everywhere it will surpass this huge milestone.


Title: Re: $10million in 2023 possible?
Post by: StringFire on August 22, 2018, 09:32:52 AM
Maybe it is possible but it will be quite hard for bitcoin. But i believe that bitcoin has the possibilities to go this kind of far. Maybe it will happen before 2023. Anything can happen in crypto world.


Title: Re: $10million in 2023 possible?
Post by: CoinMarKetHW on August 22, 2018, 09:50:06 AM
This market is absolutely unpredictable dear. So, to think about 2023 will not be wise enough. The prices depend on many factors like the supply and demand of the users. What if in the coming future the demand gets high but supply is low? so, my suggestion for you will be to stay updated to grow up with this market.


Title: Re: $10million in 2023 possible?
Post by: MetalCoinMTC on August 22, 2018, 10:03:35 AM
Well, your predictions can be true or maybe not. The time frame you have chosen is quite far to predict at this moment because from the beginning it has changed a lot, and in the future, it will also face so many updates while operating in different circumstances.


Title: Re: $10million in 2023 possible?
Post by: BTCHeadstone on August 22, 2018, 10:15:23 AM
Here I am thinking about how would be the tomorrow's market situation and you are thinkng about 2023, There might be so many changes in the coming year but to be very honest, predicting about 2023 is not that easy.  This market is absolutely unpredictable.


Title: Re: $10million in 2023 possible?
Post by: chuyengia2244 on August 22, 2018, 10:20:45 AM
Well, your predictions can be true or maybe not. The time frame you have chosen is quite far to predict at this moment because from the beginning it has changed a lot, and in the future, it will also face so many updates while operating in different circumstances.
Although the near future (such as the end of the year), experts can not predict accurately. All calculations and graphs only increase people's ability to believe, it's just an inference.


Title: Re: $10million in 2023 possible?
Post by: holzer on August 22, 2018, 10:23:56 AM
A man can dream!  ;)


Title: Re: $10million in 2023 possible?
Post by: Catesknee on August 22, 2018, 10:37:58 AM
Most crypto enthusiast are highly expecting bitcoin to reach this price but in my opinion I don’t see 10 million that soon. Although the block reward will go down and difficulty will rise, we’ll surely see higher price but nothing near 10 million I think. Yes, bitcoin has made some people filthy rich but we should be practical about its price.


Title: Re: $10million in 2023 possible?
Post by: Sact on August 22, 2018, 12:10:58 PM
Bitcoin might even hit $10million tomorrow and we can do absolutely nothing about it. The market is volatile and that's the beauty of it. It is so unpredictable that you cannot say anything about it beforehand. However, my personal opinion is that, it will take time for Bitcoin to reach as much as 20,000$ cap like last time. But I don't feel that it will go up to millions any way.


Title: Re: $10million in 2023 possible?
Post by: eaglewhite80 on August 22, 2018, 12:18:23 PM
Anyone can end up predicting whatever they feel like, but in reality, and technically, I really do not see much possibility in this. I call this more or less like jumping faster than one's shadow. 2023 is about 5 years from now and for bitcoin to be as high as that, it means, the market cap would have been extremely huge and a lot of institutional money has kicked in or some development just caused some huge skyrocket in the market. For now, we still have a lot of resistance to contend with to even go back testing the previous high and a lot of fluctuations in between. I guess with time, we will get to see how the market ends up.


Title: Re: $10million in 2023 possible?
Post by: FunZedCrypto on August 22, 2018, 05:15:04 PM
Bitcoin hitting 10 million dollars each seems highly unlikely to me. I think mcafee might have predicted that it will hit a million dollar by 2021 but I don’t see it happening that soon. But by 2023, the market will be more stable and legit ICOs will rule. Bitcoin will hit a big price but I don’t think it’ll be any close to 10 million dollars.


Title: Re: $10million in 2023 possible?
Post by: BTCCavalletto on August 22, 2018, 05:40:13 PM
It could be possible. Plus the chances are high that the amount may even be higher than this because the supply will be low and the demand will be high. And if we put simple economcs, this will lead to a high levels of price too. So, in the future, the price of crypto will be high, for sure.


Title: Re: $10million in 2023 possible?
Post by: Beimere on August 22, 2018, 06:02:24 PM
The value of crypto currency will be of a lot higher than it is today. If we the scenario in terms of demand and supply, the supply will be less and the demand will be more. This means that the price could be even higher than this.


Title: Re: $10million in 2023 possible?
Post by: jrrsparkles on August 22, 2018, 06:05:41 PM
Wooohooo,looks like asking for too much,but I never imagined that value of one bitcoin at $10 million yet because the price of bitcoin is struggling very hard to reach $10K in this year after the fall,so I doubt that it is going to happen in just four years so move maybe it will be possible in 2040! :D


Title: Re: $10million in 2023 possible?
Post by: KonstantinosM on August 22, 2018, 06:16:00 PM
well do the math by yourself. What is the total supply of bitcoin? lets just calculate circulating supply and multiply by $10 million. Hope you will have your answer. And anyhow if you can manage 10 BTC , you will have 100 million dollars !!! It is just simple prediction only, not financial advice. But BTC will be more expensive and whole crypto will be well regulated. Fake ICO and scammers will be kick out and real investors will enter into crypto market, it is my future thinking regarding crypto

No, do the actual math. If at the first halving the price was 12.... And at the second halving 657... The increase was 54x... So using a linear model the price at the third halving would be 35,000


But isn't it more reasonable to expect this to be exponential? In this case exponential decay?

That prediction is bullshit.


Title: Re: $10million in 2023 possible?
Post by: Agaventy on August 22, 2018, 06:28:25 PM
You need to see the supply of crypto that will be circulating the market in the year 2023. But just as a prediction, the amount could be even more because hopefully the market will be in a much better state than it is this year. Also the value of crypto will be higher too.


Title: Re: $10million in 2023 possible?
Post by: Vengeance007 on August 22, 2018, 06:31:27 PM
If we think about the market of 2023 then it will be okay because we can see the market based on BTC their price is decreasing so if the price increase then it may hit 10 Million Dollar.


Title: Re: $10million in 2023 possible?
Post by: Dashaaraily on August 22, 2018, 07:03:51 PM
Based on this statement this may hit more because of market circulation also nowadays this market is increasing and BTC will hit its maximum level I think also it can be 15 million dollar or more I think.


Title: Re: $10million in 2023 possible?
Post by: Lignxxx on August 22, 2018, 07:22:11 PM
It’s not possible for bitcoin to reach $10 million in 2023. We all know its supply is limited if bitcoins demand will increase more and more they its price will reach maximum $80000 in 2023.


Title: Re: $10million in 2023 possible?
Post by: creeps on August 22, 2018, 08:33:08 PM
I don't know at the time of $10 million what is the fee of a transaction? It is probably $10,000 for once. Although the analysis seems reasonable, it is difficult.
Really difficult to say, maybe $10 million is too much for bitcoin. The demand right noe is increasing, if this trend continues maybe we will see now a great run of bitcoin. Yes the supply of bitcoin is limited so there’s a chance for this one only if everyone wants to own bitcoin.


Title: Re: $10million in 2023 possible?
Post by: Soots on August 22, 2018, 09:10:20 PM
well do the math by yourself. What is the total supply of bitcoin? lets just calculate circulating supply and multiply by $10 million. Hope you will have your answer. And anyhow if you can manage 10 BTC , you will have 100 million dollars !!! It is just simple prediction only, not financial advice. But BTC will be more expensive and whole crypto will be well regulated. Fake ICO and scammers will be kick out and real investors will enter into crypto market, it is my future thinking regarding crypto

No, do the actual math. If at the first halving the price was 12.... And at the second halving 657... The increase was 54x... So using a linear model the price at the third halving would be 35,000


But isn't it more reasonable to expect this to be exponential? In this case exponential decay?

That prediction is bullshit.
Sometime I wonder those frustrated holders who haven't been lucky enough to sell and earned their profit, spread wrong predictions and it really hampered people's desires to stay longer in cryptocurrency. Those bunch of crap minded people sprouted such shit ideas affecting innocent traders who happens to be panicked, and now the entire community suffers from massive fall of bitcoin price. This isn't good in a business , so this time we should be more clever and stop acting like a dependent child. The possible price is the potential value to be reached, because digital currency is infinite.


Title: Re: $10million in 2023 possible?
Post by: suzanne5223 on August 22, 2018, 10:14:07 PM
At the first halving on November 28, 2012, BTC/USD traded around $12. By the second, on July 9, 2016, it was $657. The third halving — due in mid-2020 or in 644 days — will see the block reward reduce from 12.5 BTC to 6.25 BTC, while What’s On Crypto suggests ongoing trends could see prices hit a giant $10 million by 2023-quoted by wilma woo.

These predictions are giving us hope about the future of bitcoin but we all know that bitcoin is know for its volatile and unstable characteristics. Do you think that the expert's predictions are possible or do you think that this are just a mere simple prediction.


Despite the fact that 82.02% of Bitcoin has mined I disagree with the $10million price prediction which was did by Wilma Woo for year 2023 and I don't know if people ask themselves why the market correction happen in the first place. How ever, I predict bitcoin to be in $26,000-30,000 price range when it year 2023.


Title: Re: $10million in 2023 possible?
Post by: Agaventy on August 23, 2018, 12:59:15 PM
this is very good site for crypto people. here is more information in one. its service are better than other. it is made by advanced technology that's why it is more secure and reliable. i also visit this site. thank you for sharing this link.


Title: Re: $10million in 2023 possible?
Post by: Mhd-Bobbi on August 23, 2018, 04:52:31 PM
At the first halving on November 28, 2012, BTC/USD traded around $12. By the second, on July 9, 2016, it was $657. The third halving — due in mid-2020 or in 644 days — will see the block reward reduce from 12.5 BTC to 6.25 BTC, while What’s On Crypto suggests ongoing trends could see prices hit a giant $10 million by 2023-quoted by wilma woo.

These predictions are giving us hope about the future of bitcoin but we all know that bitcoin is know for its volatile and unstable characteristics. Do you think that the expert's predictions are possible or do you think that this are just a mere simple prediction.


For me, predictions are only an estimate of their thinking, bitcoin is unpredictable, indeed its prices fluctuate, so prices sometimes rise and fall.
But if they believe that bitcoin will increase, that might happen, and they remember like last year that it was increasing towards the end of the year, so that it could be an example for the end of 2018.


Title: Re: $10million in 2023 possible?
Post by: Slow death on August 23, 2018, 05:06:18 PM
Do you think that the expert's predictions are possible or do you think that this are just a mere simple prediction.

let's be honest, have forecasts that are very absurd and making comparisons with past scenarios and prices is not a good thing and can lead us to fall into the hole, in the past years we did not have the pressure of governments and banks, kyc was something which we hardly hear, we hardly hear of any bank this sabotaging the exchange and we did not hear much that some government would ban bitcoin, were very relaxed times. today things are totally different and we have to realize this. about this prediction, I think a big absurdity. Just to show how things are currently:

China Prohibits Crypto-Related Promotion in Beijing’s Chaoyang District (https://cointelegraph.com/news/china-prohibits-crypto-related-promotion-in-beijings-chaoyang-district)

Austrian Financial Regulator Halts Operations of Crypto Mining Platform (https://cointelegraph.com/news/austrian-financial-regulator-halts-operations-of-crypto-mining-platform)


Title: Re: $10million in 2023 possible?
Post by: Warbson on August 23, 2018, 05:24:47 PM
BTC isn't going to hit a million in a couple of years time, and Mcaffee isn't going to do anything in 2020. The more people ignore this lunatic, the better off the crypto space will be.


Title: Re: $10million in 2023 possible?
Post by: Firefox07 on August 23, 2018, 10:31:20 PM
I thought there are so many people here that speculate to much when they say that bitcoin will reach $20k this year. But this person it out of his mind. I think bitcoin will never reach $10 million in only a span of 5yers from now. Think first before you speculate.


Title: Re: $10million in 2023 possible?
Post by: websoftwareengineer on August 24, 2018, 07:22:23 AM
BTC isn't going to hit a million in a couple of years time, and Mcaffee isn't going to do anything in 2020. The more people ignore this lunatic, the better off the crypto space will be.

Millions is not possible but $100k dollar can be reached since there are more countries today that has been legalized to invest in their are so we can expect higher prices before the year ends.


Title: Re: $10million in 2023 possible?
Post by: chulos on August 24, 2018, 06:32:22 PM
I do not like doing a Bitcoin price prediction, because it never comes out. If Bitcoin continued at such a pace as it has been so far, we will be wandering about where the bitcoin has grown for a few years. The price of bitcoin in future growth, but 10 million in 2023 is rather a simple prediction. Rather, i would say that the price will be somewhere around $ 100,000.


Title: Re: $10million in 2023 possible?
Post by: rainezerr on August 25, 2018, 07:34:41 AM
I do not like doing a Bitcoin price prediction, because it never comes out. If Bitcoin continued at such a pace as it has been so far, we will be wandering about where the bitcoin has grown for a few years. The price of bitcoin in future growth, but 10 million in 2023 is rather a simple prediction. Rather, i would say that the price will be somewhere around $ 100,000.

There is no accurate prediction even though, that is the reason why being patient is required rather than having your own strategy or making predictions on the market.


Title: Re: $10million in 2023 possible?
Post by: boty on August 25, 2018, 08:17:04 AM
it seems that it is very likely to happen if there is good news that can trigger an increase in bitcoin prices and can happen also when the total supply of bitcoin has begun to run out and it will be increasingly difficult to get bitcoin.


Title: Re: $10million in 2023 possible?
Post by: gabmen on August 25, 2018, 12:44:08 PM
I do not like doing a Bitcoin price prediction, because it never comes out. If Bitcoin continued at such a pace as it has been so far, we will be wandering about where the bitcoin has grown for a few years. The price of bitcoin in future growth, but 10 million in 2023 is rather a simple prediction. Rather, i would say that the price will be somewhere around $ 100,000.

There is no accurate prediction even though, that is the reason why being patient is required rather than having your own strategy or making predictions on the market.

Lol. I can't think of any reasons right now on how it can grow to 100m in a few years. This is a buy and sell market and i doubt a lot of people will be risking it buying at above 1 million dollars.


Title: Re: $10million in 2023 possible?
Post by: South Park on August 25, 2018, 10:55:17 PM
At the first halving on November 28, 2012, BTC/USD traded around $12. By the second, on July 9, 2016, it was $657. The third halving — due in mid-2020 or in 644 days — will see the block reward reduce from 12.5 BTC to 6.25 BTC, while What’s On Crypto suggests ongoing trends could see prices hit a giant $10 million by 2023-quoted by wilma woo.

These predictions are giving us hope about the future of bitcoin but we all know that bitcoin is know for its volatile and unstable characteristics. Do you think that the expert's predictions are possible or do you think that this are just a mere simple prediction.


I know that people want to be millionaires thanks to their investment in bitcoin, but they need to be realistic, if you want a price of 10 million per coin the only way to get that price is if the entire economy of the world is in chaos and 10 million no longer buy what it buys today, a price of 50k could be possible maybe a little higher, but a price of 10 million is completely impossible.


Title: Re: $10million in 2023 possible?
Post by: paynercash on August 26, 2018, 02:40:30 AM
it seems that it is very likely to happen if there is good news that can trigger an increase in bitcoin prices and can happen also when the total supply of bitcoin has begun to run out and it will be increasingly difficult to get bitcoin.
As simple as this year. It is still difficult to find out in 2023. The distance is too far away. And whether there was yet another market to increase sales and capital?


Title: Re: $10million in 2023 possible?
Post by: Google+ on August 26, 2018, 04:10:05 AM
I think that is very impossible because there are so many bad news that the price of bitcoin and some other cryptocurrency has experienced a tremendous breakdown, bitcoin must have good news and must be accepted in all countries to be able to increase prices to such an expensive price. it is very difficult to get bitcoin so the price can be very expensive.


Title: Re: $10million in 2023 possible?
Post by: SolomonSollarsNSense on August 28, 2018, 10:42:51 AM
BTC isn't going to hit a million in a couple of years time, and Mcaffee isn't going to do anything in 2020. The more people ignore this lunatic, the better off the crypto space will be.

Millions is not possible but $100k dollar can be reached since there are more countries today that has been legalized to invest in their are so we can expect higher prices before the year ends.

$100k must be a very good price still. I really cannot wait to see something like this happening and by this time we would see a long term dream come true eventually. I so much look for a time like this when the market will be driven by real demand and we will get to see adoption based on real life usage and not just some whales trying to enrich themselves via manipulating the market based on different levels of speculation.
In 10 years though, I expect a lot to have changed when it comes to huge development and seeing a development to this extent would be really good.


Title: Re: $10million in 2023 possible?
Post by: susuberuang on August 28, 2018, 10:52:37 AM
I think that is very possible because the distance from this year to the year that you mentioned is very far and maybe in that year the price of bitcoin can be very expensive more than you mentioned because I believe the total bitcoin supply has run out that year.


Title: Re: $10million in 2023 possible?
Post by: Ferris419 on August 28, 2018, 02:56:27 PM
Ye is a crazy price for a bitcoin. 10 million $ / 1 bitcoin is not possible. Even 10 years or 100 years. Bitcoin will grow and its development will be controlled by the power people and its price will not be able to rise too much in the future.


Title: Re: $10million in 2023 possible?
Post by: pocketfullofpoke on August 29, 2018, 04:09:49 AM
Too early to tell and i know that's too high to achieve too and though crypto experts believe that the year of bitcoin's breakthrough will be in the 2020s, i really think that reaching for 10$M in 2023 is really hard to reach. I don't expect that much too and i just go on with the ride wherever bitcoin will bring me.


Title: Re: $10million in 2023 possible?
Post by: nguli on August 29, 2018, 04:31:07 AM
I think that is very likely to occur because of the growing technology and the growing number of years, this digital currency will be needed.


Title: Re: $10million in 2023 possible?
Post by: South Park on August 29, 2018, 04:28:42 PM
I think that is very likely to occur because of the growing technology and the growing number of years, this digital currency will be needed.
You do not know what you're talking about, how do you expect the price of bitcoin is going to touch 10 million dollars? We'll need a miracle for that to happen and while there are many people that are excited about the possibility, those people are going to be very disappointed when that price does not happen and it's like they will sell their coins in disappointment.


Title: Re: $10million in 2023 possible?
Post by: Argoo on August 29, 2018, 05:29:56 PM
21 million coins multiplied by 10 million dollars a coin would give a market cap for Bitcoin of $210 trillion. Given that the market cap of all crypto is currently only around $210 billion, I very much doubt it that $10 million a coin will ever happen, let alone within 5 years.

This is an exaggerated expectations on bitcoin, and it wasn't exactly what we're looking for now. The $20k is just enough to happen and with that very expensive price of bitcoin that's too much. It's not possible to happen, well in fact we're still struggling to reach at $20k again and somebody's thinking that very huge value. Let's just remain calm and optimistic at best limits.

This is a prediction so ridiculous it borders parody. $10 million would only happen if the US dollar collapsed and is near worthless to the point of 100 USD buying a pack of gum. $20k will happen again eventually, just keep hodling, but don't expect $10 million. A lot of newbies have these outrageous predictions because they want to get rich.
I doubt that bitcoin will ever cost one hundred thousand dollars, and not that ten million dollars. See how it will jump up and down the price of bitcoin if it reaches at least $ 30,000. The market immediately throws out for sale so many bitcoins, that the price instantly goes down a few dozen times lower. The one who conducts such calculations is generally cut off from real life.


Title: Re: $10million in 2023 possible?
Post by: eann014 on August 30, 2018, 01:41:00 AM
I think that is not possible to happen in 2023 but still we have a long wait for 2023 and there is no exact prediction for that or speculation on that year because it is too early to speculate but it is a good thing to think in a positive way with bitcoin in the future so that many investors will come back into bitcoin again and for sure many altcoin can also boost their value in the future if that's happen.


Title: Re: $10million in 2023 possible?
Post by: KrishaBitcoin on August 30, 2018, 02:04:28 AM
At the first halving on November 28, 2012, BTC/USD traded around $12. By the second, on July 9, 2016, it was $657. The third halving — due in mid-2020 or in 644 days — will see the block reward reduce from 12.5 BTC to 6.25 BTC, while What’s On Crypto suggests ongoing trends could see prices hit a giant $10 million by 2023-quoted by wilma woo.

These predictions are giving us hope about the future of bitcoin but we all know that bitcoin is know for its volatile and unstable characteristics. Do you think that the expert's predictions are possible or do you think that this are just a mere simple prediction.



This figure is very impossible.to happen because the more the Bitcoin will become expensive then it will become more difficult to purchase too in which it will make all small time investors to be force to shift to Altcoins or non crypto investments because they are much cheaper to purchase than Bitcoin for investment.


Title: Re: $10million in 2023 possible?
Post by: sunanbonang on August 30, 2018, 03:32:52 PM
it can happen if there is no negative news received by bitcoin, I can't imagine if it really happened. what's on my mind is that there will be many rich people.


Title: Re: $10million in 2023 possible?
Post by: St4yInTh3D4rk on August 30, 2018, 03:54:13 PM
At the first halving on November 28, 2012, BTC/USD traded around $12. By the second, on July 9, 2016, it was $657. The third halving — due in mid-2020 or in 644 days — will see the block reward reduce from 12.5 BTC to 6.25 BTC, while What’s On Crypto suggests ongoing trends could see prices hit a giant $10 million by 2023-quoted by wilma woo.

These predictions are giving us hope about the future of bitcoin but we all know that bitcoin is know for its volatile and unstable characteristics. Do you think that the expert's predictions are possible or do you think that this are just a mere simple prediction.


$10 Million is not a small figure and still we are in ealry stages of the crypto currencies because more people still don't know about the cryptos and blockchain,maybe the prices will reach $10M in few decades but it is not going to hit in 20123.But these kind of predictions were too ambitious because the price of bitcoin is still under $10K so we need to go to the next level like $25K and the move on.


Title: Re: $10million in 2023 possible?
Post by: triciaa478 on August 30, 2018, 05:20:11 PM
These predictions if anything is good to go by then it means all holders of bitcoins now will be billionaires now with just a fraction of Satoshi in their wallet. But I think it is not possible because if no is demanding Bitcoins the price won't go anywhere and as we speak bitcoins is competing with thousands of crypto coins that are much better or perform similar functions as it is.


Title: Re: $10million in 2023 possible?
Post by: MGBloomz on September 03, 2018, 11:26:50 AM
At the first halving on November 28, 2012, BTC/USD traded around $12. By the second, on July 9, 2016, it was $657. The third halving — due in mid-2020 or in 644 days — will see the block reward reduce from 12.5 BTC to 6.25 BTC, while What’s On Crypto suggests ongoing trends could see prices hit a giant $10 million by 2023-quoted by wilma woo.

These predictions are giving us hope about the future of bitcoin but we all know that bitcoin is know for its volatile and unstable characteristics. Do you think that the expert's predictions are possible or do you think that this are just a mere simple prediction.


you are now talking the price of bitcoin in year 2023 for a $10Million per BTC...i think your are sleeping with your mind walking around cryptoworld. This is too much speculation that in reality the price of bitcoin suffer with the 8 blooded months and counting. We need to to find first a solution that will make the price returns to the all time high and the speculate with a $50k price.


Title: Re: $10million in 2023 possible?
Post by: ivannalog814 on September 11, 2018, 02:16:27 PM
I agree that such forecasts give hope but if you think objectively, it is a very large amount even for Bitcoin. I understand that I am not a trader or a guru, but I am more inclined to the fact that the price will be about $ 100,000 for 1 BTC in 2023 !


Title: Re: $10million in 2023 possible?
Post by: carlisle1 on September 11, 2018, 02:28:35 PM
At the first halving on November 28, 2012, BTC/USD traded around $12. By the second, on July 9, 2016, it was $657. The third halving — due in mid-2020 or in 644 days — will see the block reward reduce from 12.5 BTC to 6.25 BTC, while What’s On Crypto suggests ongoing trends could see prices hit a giant $10 million by 2023-quoted by wilma woo.

These predictions are giving us hope about the future of bitcoin but we all know that bitcoin is know for its volatile and unstable characteristics. Do you think that the expert's predictions are possible or do you think that this are just a mere simple prediction.



This prediction don’t give us hope,but this will give us frustrations since what you are pointing here is $10 millions in just five years and even if i know how to do good mathematics still looking for this value is stupidity so if you dont want to be fooled then stop this hallucinations and focus in reality


Title: Re: $10million in 2023 possible?
Post by: jfelix on September 11, 2018, 05:50:11 PM
The rise in bitcoin price will not be that much in percentage each halving because of this way the market cap should go to astronomic numbers that it is bigger than all the money in the world. Growth in value each halving might be bigger but in percentage will be smaller.


Title: Re: $10million in 2023 possible?
Post by: BitcoinMarketer39 on September 11, 2018, 08:36:49 PM
At the first halving on November 28, 2012, BTC/USD traded around $12. By the second, on July 9, 2016, it was $657. The third halving — due in mid-2020 or in 644 days — will see the block reward reduce from 12.5 BTC to 6.25 BTC, while What’s On Crypto suggests ongoing trends could see prices hit a giant $10 million by 2023-quoted by wilma woo.

These predictions are giving us hope about the future of bitcoin but we all know that bitcoin is know for its volatile and unstable characteristics. Do you think that the expert's predictions are possible or do you think that this are just a mere simple prediction.



It was possible to reach that price if most of the people are going to invest since the sequence of cryptocurrency is fibonacci that keeps on increasing every year.


Title: Re: $10million in 2023 possible?
Post by: lauder_larger on September 12, 2018, 11:07:27 AM
At the first halving on November 28, 2012, BTC/USD traded around $12. By the second, on July 9, 2016, it was $657. The third halving — due in mid-2020 or in 644 days — will see the block reward reduce from 12.5 BTC to 6.25 BTC, while What’s On Crypto suggests ongoing trends could see prices hit a giant $10 million by 2023-quoted by wilma woo.

These predictions are giving us hope about the future of bitcoin but we all know that bitcoin is know for its volatile and unstable characteristics. Do you think that the expert's predictions are possible or do you think that this are just a mere simple prediction.



This prediction don’t give us hope,but this will give us frustrations since what you are pointing here is $10 millions in just five years and even if i know how to do good mathematics still looking for this value is stupidity so if you dont want to be fooled then stop this hallucinations and focus in reality
These predictions are totally baseless and this guy is misguiding people. Do you ever think of the price given? $10 million. It is just nonsense and I have nothing to comment on this bullshit. In the next 5 years if the price reaches $25000, it will be enough and the investors will be happy with this price. Till this time people only invest for making more money and not for using bitcoin.


Title: Re: $10million in 2023 possible?
Post by: CrazeCoinz on September 12, 2018, 11:27:44 AM
At the first halving on November 28, 2012, BTC/USD traded around $12. By the second, on July 9, 2016, it was $657. The third halving — due in mid-2020 or in 644 days — will see the block reward reduce from 12.5 BTC to 6.25 BTC, while What’s On Crypto suggests ongoing trends could see prices hit a giant $10 million by 2023-quoted by wilma woo.

These predictions are giving us hope about the future of bitcoin but we all know that bitcoin is know for its volatile and unstable characteristics. Do you think that the expert's predictions are possible or do you think that this are just a mere simple prediction.


Bitcoin price will not follow on those previous data and as we know price is dictated by the supply and demand of the current market. Considering that there will be a price rise at that level, then who will buy at that higher price if the system of crypto will dumps after reaching a higher price. Those who have many bitcoins in their wallet are predicting impossible prices which is their strategy to create bullish market. This type of strategy is not working anymore as people are more mature to think before investing.


Title: Re: $10million in 2023 possible?
Post by: airdrophunter on September 12, 2018, 12:12:26 PM
That is not possible for me considering how bitcoin has struggled this year. It struggled to come back or break its ATH but the struggle is really there and real. Reaching 10$M 5 years from now is quite high for bitcoin to reach but since anything is possible with bitcoin, i just let the time disclose it.


Title: Re: $10million in 2023 possible?
Post by: DeadCoin on September 12, 2018, 04:34:02 PM
That is not possible for me considering how bitcoin has struggled this year. It struggled to come back or break its ATH but the struggle is really there and real. Reaching 10$M 5 years from now is quite high for bitcoin to reach but since anything is possible with bitcoin, i just let the time disclose it.

Five more years to go for 2023. I would say $10 million is questionnaire. If we could have experience a good spike in values like last year, then yes there are chances to reach maximum $500K in 2023, but its too high to be fact. Just look at the crypto market. We have increasing number of ICOs getting in to the market. They are legit and are coming up with best projects. Investors are moving towards the new ICOs. As number increases, the investment is split over. Hence the demand and supply of every coin becomes less and every coin's values become low or stays at a level.


Title: Re: $10million in 2023 possible?
Post by: Impulseboy on September 12, 2018, 04:46:28 PM
I am not sure if I believe this to be true. There are those that say that next year bitcoin is expected to rise again, however, with the current market of bitcoin, it is hard to say that it will reach $20 million per coin by 2023. That said, I expect bitcoin to continue to rise in the next five years.


Title: Re: $10million in 2023 possible?
Post by: fulmetal08larz on September 12, 2018, 04:53:03 PM
I think it is still possible for BTC to reach a price of $10M by 2023 if mass adoption and government acceptance occurs. The road to 2023 for crypto currencies has many rooms for improvement, development and growth. There are many projects and coins to choose from but only those with proper utilization in real world will survive such as in healthcare, voting system, infrastructure, logistics, administration, environment preservation, etc.


Title: Re: $10million in 2023 possible?
Post by: Hannahanto on September 12, 2018, 05:23:51 PM
How can you easily say that $10 million in next 5 years. $10,000,000 in next 5 year. Just check where are we now. We are at $6k+. Just check out how many more thousands we require in 5 years. If $10 million in 5 years, bitcoin value at the end 2019 should be $2 million. Really possible? Lets just compare the market growth. Number of ICOs are increasing and the investors money is split. We can not expect to have a lump of investment falling on only bitcoin and thus the value would increase. Just think on it.


Title: Re: $10million in 2023 possible?
Post by: BitcoinMarketer39 on September 12, 2018, 07:48:51 PM
At the first halving on November 28, 2012, BTC/USD traded around $12. By the second, on July 9, 2016, it was $657. The third halving — due in mid-2020 or in 644 days — will see the block reward reduce from 12.5 BTC to 6.25 BTC, while What’s On Crypto suggests ongoing trends could see prices hit a giant $10 million by 2023-quoted by wilma woo.

These predictions are giving us hope about the future of bitcoin but we all know that bitcoin is know for its volatile and unstable characteristics. Do you think that the expert's predictions are possible or do you think that this are just a mere simple prediction.



To reach 10m is possible but it will have a rough time due to different price manipulators and not everyone in the market are investing and most of them still prefer to sell their coins due to volatility.