Bitcoin Forum

Economy => Speculation => Topic started by: Juggy777 on May 05, 2021, 03:37:24 AM



Title: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: Juggy777 on May 05, 2021, 03:37:24 AM
In an live interview with Yahoo Finance Coindesk Editor has boldly claimed that bitcoin will be hitting $1 million dollar per one bitcoin, and given the current market trends how realistic do you feel his statements is?. Also if you believe there’s a huge possibility of this being true, then what time frame would you speculate about seeing Bitcoin prices crossing this huge milestone.

Source:

https://finance.yahoo.com/video/believe-estimates-bitcoin-eventually-hit-201346367.html


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: bbc.reporter on May 05, 2021, 03:40:34 AM
@Juggy777. I would call that larping, however, presently witnessing that dogecoin is going to $1.00, I believe him hehehe. This is a crazy cryptospace market we have here. All fundamental analysis is thrown in exchange for the pump.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: stompix on May 05, 2021, 03:59:56 AM
Quote
CoinDesk editor believes Bitcoin will hit 1 million per coin.

In other news, the Pope has declared that he believes in God!  ;D

witnessing that dogecoin is going to $1.00, I believe him hehehe. This is a crazy cryptospace market we have here. All fundamental analysis is thrown in exchange for the pump.

Dogecoin madness is going to be a lesson for a lot of people, and not only because of the pump and dump, that's another thing.
A lot of altcoin losers a lot of people believing in the 2.0, 3.0, and 4.0 coins , in all the ICO, IEO, Defi and NFT should look at what coins is beating the crap in both gains and in that non-sense market cap statistics so may love to watch all day.
Coins with claims of revolutionary features, with so many advantages over BTC , with billions, poured in like EOS, NEO, DASH, TRON, ADA, all of them are trashed by a meme coin that is basically a litecoin clone with faster blocks, and that all, no defi no smart contracts no nothing, just a meme.
So if a meme is overpowering all that, doesn't it mean that everything else was also just a hyped pump and dumped?

I would love to see Doge claiming the number 3 spot so that people finally understand that what really counts long term are the basics, everything else below Bitcoin has always been just a pump on false promises that are turning to be worthless than a meme.




Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: Kong Hey Pakboy on May 05, 2021, 04:25:23 AM
 The can believe whatever they want although it is a wishful thinking that bitcoin is going to reach 1 million USD per coin is pretty unthinkable because that means that the market cap is going to be the highest because it means tens of of trillions. Not to mention that what happens next when the prices arrived at that point.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: xSkylarx on May 05, 2021, 05:24:02 AM
Is there someone going to buy it even before it reaches that price? For me I don't think it can reach that price even if its total supply are all mined. Imagine the price of 1 satoshi at $1m per bitcoin, many people would really become rich at that point. It is very early to tell if it will really happen or not because we are only at the beginning of mass adoption of bitcoin, if it does happen I think we are probably dead by that time.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: ice18 on May 05, 2021, 06:33:49 AM
In 3-5 years why not? Is there anybody here predicted last 2015 that bitcoin can reach $60k in 2021? Its almost impossible to predict in that year that it can reach this level but look at btc now? same today its looks like its impossible that it can reach $1m but the current crypto adoption from retail investors to institutional is really record breaking so I can say its not that hard to achieve it within few years. 


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: Poker Player on May 05, 2021, 07:07:26 AM
Is there anyone of us on this forum who owns bitcoin and does not believe the same?

He is talking about $1M after the next halving, which is what most predictions say. If we get pessimistic, we might think it will come after the 2028 halving but come it will, given the massive fiat printing and reduced supply of bitcoin.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: slapper on May 05, 2021, 07:43:48 AM
$1mil is possible for bitcoin. It is the first cryptocurrency to be created and people care about it a lot. Capped at 21mil coins, bitcoin is created for decentralization and the freedom of will. Today, when more and more people consider cryptocurrency as a disruptive technology, bitcoin is beneficial a lot from various sources such as holders, whales, traders, newbies, and institutional investors. Even some offices of the government say they are holding bitcoin

$1mil may take a long period of time. My prediction is around 2026. Currently, bitcoin needs to increase 15 times to hit


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: bitgolden on May 05, 2021, 07:46:59 AM
In an live interview with Yahoo Finance Coindesk Editor has boldly claimed that bitcoin will be hitting $1 million dollar per one bitcoin, and given the current market trends how realistic do you feel his statements is?. Also if you believe there’s a huge possibility of this being true, then what time frame would you speculate about seeing Bitcoin prices crossing this huge milestone.
In my speculation the timeframe for $1million per bitcoin would be 2025 which means we need one more having to get enough demand to push bitcoin toward that big milestone. But to ensure that we must need to have final ATH of 2021 to be above $100k at least.

I am the one who have been continuously speculating about bitcoin value to be reaching above $1 million level in coming years but this is just based on the cyclic growth of bitcoin and not based on any of technical things. Halving and its FOMO are more than enough for anyone to speculate like this.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: Oshosondy on May 05, 2021, 08:13:04 AM
In an live interview with Yahoo Finance Coindesk Editor has boldly claimed that bitcoin will be hitting $1 million dollar per one bitcoin
The first that should come to our mind is what the marketcap of bitcoin will be if its price has reached $1 million, I think bitcoin marketcap will approximately worth almost $20 billion dollars at the time. This marketcap is too large, it is very possible but it will take quite long period of time. As for me in my opinion, I believe bitcoin can reach such high price but it will take decades before it will happen. We need to have more discussions on how and when possible the price will first get to $100000 before any other higher price.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: leea-1334 on May 05, 2021, 09:31:31 AM
I am too lazy to open all these things to read but since when did Coindesk become somebody to be speaking to Yahoo Finance? I thought editors just edit now they are also price prediction experts ya?:)

Anyway 1 million of course why not. We saw DOGE become $50 cents from nothing so why not BTC times 20x to 1 million? so easy.

The question is not if but when;)


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: btc_angela on May 05, 2021, 09:48:18 AM
This is just another wild and educated guess. But looking back, early speculators didn't see that bitcoin can hit $1k and then we did. Then goes $10k-$50k, so we can see a pattern here. So who knows, the next big psychological mark is $100k and the probably in the next two or three halvings, we might see bitcoin hitting $1 million. So let's see how it goes, future looks bright, but we really need a lot of patience.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: Lucius on May 05, 2021, 10:16:06 AM
This is just another in a series of "I believe that one day Bitcoin will be worth $1 million", but no one is saying how much that $1 million will actually be worth in terms of purchasing power - what is certain is that it will be worth much less than it is the case today. When asked when this will happen, our expert Leech says this "Can you give us a timeline on your prediction? Because that's a headline. It's a headline for sure. And I can't-- no, I don't know."

There is nothing sensational here, crypto is a hot story and everyone is scattered with numbers - the bigger the numbers the higher the viewership and the more clicks. I believe the price of Bitcoin can reach that magic number, but I don’t believe it can happen in this decade - unless central banks start buying it, and it gains digital gold status.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: davis196 on May 05, 2021, 11:09:03 AM
Is he the new John Mcafee? ;D
This is just bullish wishful thinking.The price will never hit 1 million per BTC.Let's be more realistic and stay in the 100K-200K USD frame,when it comes to bullish price predictions.
I don't know what force would pump the BTC price to 1M USD?I can't imagine such financial power.
The US federal reserve buying Bitcoins?China buying Bitcoins?Global mass adoption of Bitcoin as a reserve currency?All 3 options seem pretty unrealistic.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: Gozie51 on May 05, 2021, 11:37:36 AM
Such is a high prediction though. I could have also said that anything is possible as people responded too but it is really a high range. Price is yet to get to $65k and $100k to overcome before climbing higher and getting to $1m , it is definitely a hard bridge to go through but we are still in crypto space. Dogecoin called meme but has taken crypto 4th position against all other big names  ;D


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: Fundamentals Of on May 05, 2021, 01:38:26 PM
It is not realistic within my lifetime and I am not yet an old man. It is also possible the editor was not literal in saying the price of Bitcoin will be hitting $1 million. It could only mean the price will hit very high figures in the years to come, unexpectedly high.

It is of course possible that Bitcoin will hit $1 million but it is somewhat childish to speculate that madly. That is not objective speculation. I am more than sure the editor does not have a technical basis in saying so.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: target on May 05, 2021, 01:52:15 PM

He isn't the first to have pronounced BTC to be $1M, John Macafee also said it which the guy now had gone mad. Article webzites often writes something for clickbait, they could even write $5M/BTC later.

Their youtube channel sometimes will write titles thats more intriguing but disappoints you in less than a minute of watching.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: arwin100 on May 05, 2021, 02:11:48 PM
In an live interview with Yahoo Finance Coindesk Editor has boldly claimed that bitcoin will be hitting $1 million dollar per one bitcoin, and given the current market trends how realistic do you feel his statements is?. Also if you believe there’s a huge possibility of this being true, then what time frame would you speculate about seeing Bitcoin prices crossing this huge milestone.

Source:

https://finance.yahoo.com/video/believe-estimates-bitcoin-eventually-hit-201346367.html

This is to much remember there is an article shared so the one I see there is a clickbait so that you will view his artivle created and gain traffic for just posting a wild guess about tge upcoming price of bitcoin.

Before we can reach that just imagine how big the amount bitcoin need to accumulate, we are still basing on supply and demands so better be realistic than expecting the crazy things to happen.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: Ararbermas on May 05, 2021, 03:17:47 PM
In an live interview with Yahoo Finance Coindesk Editor has boldly claimed that bitcoin will be hitting $1 million dollar per one bitcoin, and given the current market trends how realistic do you feel his statements is?. Also if you believe there’s a huge possibility of this being true, then what time frame would you speculate about seeing Bitcoin prices crossing this huge milestone.

Source:

https://finance.yahoo.com/video/believe-estimates-bitcoin-eventually-hit-201346367.html
perhaps they say that because bitcoin becomes more impressive and valuable on this year than other assets, indeed it made new ATH and for this reason even me my self can say that also wherein without any specific information and theories about the future of growth rate. especially on this improvement of bitcoin? because it's really surprising and most of us celebrate that achievement for sure.. Wherein although despite that the fact still unpredictable due to some factors.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: South Park on May 05, 2021, 03:44:36 PM
In an live interview with Yahoo Finance Coindesk Editor has boldly claimed that bitcoin will be hitting $1 million dollar per one bitcoin, and given the current market trends how realistic do you feel his statements is?. Also if you believe there’s a huge possibility of this being true, then what time frame would you speculate about seeing Bitcoin prices crossing this huge milestone.

Source:

https://finance.yahoo.com/video/believe-estimates-bitcoin-eventually-hit-201346367.html
Well this is not really that surprising do not you think? What I mean is that it is obvious that any person that has been around for long on this market is going to believe that bitcoin is going to reach fantastic prices, I do not know when bitcoin will reach that price and what exactly you will be able to buy with one million dollars at that point but that price is inevitable, however I do not believe it will be reached during this cycle and we will have to wait at least until the next cycle in order to see that price.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: el kaka22 on May 05, 2021, 03:46:02 PM
I do believe the same thing, don't you? I mean I do not believe that it will happen anytime soon, but I believe it will happen "eventually" and if you are in crypto and you truly understand what bitcoin is, you would believe that it will eventually happen as well. Bitcoin is a coin that is pegged to dollars, dollars lose value every year because of inflation, and money printing and the debt, which means eventually dollar will get so devalued that bitcoin will be one million dollars per coin.

Of course the fact that more and more people invest into bitcoin matters as well, the more people who wants to buy bitcoin the less bitcoin available for them to buy, and some companies or people buy bitcoin and just hold it for long term which leaves less bitcoin in the market to be bought as well. All these combined means "eventually" it will reach to a million each.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: Ridwan Fauzi on May 05, 2021, 04:42:17 PM
First of all, bitcoin need a correction. I don't know what always happened in every weekend where bitcoin price always been pumped. The previous monthly candle for bitcoin price has been formed as a red candle it means technically bitcoin price should meet a correction first and after that we will see a huge increase from that.

But yeah that based on technical analyst side, I don't know what will happen next since the things that really affect bitcoin price movements always start from the fundamental side. The bitcoin user will always hope bitcoin always increase to the high price, like now they will expecting that bitcoin can increase to $100.000.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: leea-1334 on May 06, 2021, 10:06:37 AM
Is he the new John Mcafee? ;D
This is just bullish wishful thinking.The price will never hit 1 million per BTC.Let's be more realistic and stay in the 100K-200K USD frame,when it comes to bullish price predictions.
I don't know what force would pump the BTC price to 1M USD?I can't imagine such financial power.
The US federal reserve buying Bitcoins?China buying Bitcoins?Global mass adoption of Bitcoin as a reserve currency?All 3 options seem pretty unrealistic.

I do not think there is anyone today who wants to be the new McAfee,,, especially when he has such a bad reputation now for shilling and getting paid for it, then running away and now finally getting jailed for tax evasion!

I also do not think 1 M is realistic but I would never rule it out,,, crypto is becoming something bigger than anyone imagined now.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: ultrloa on May 06, 2021, 10:25:54 AM
Is he the new John Mcafee? ;D
This is just bullish wishful thinking.The price will never hit 1 million per BTC.Let's be more realistic and stay in the 100K-200K USD frame,when it comes to bullish price predictions.
I don't know what force would pump the BTC price to 1M USD?I can't imagine such financial power.
The US federal reserve buying Bitcoins?China buying Bitcoins?Global mass adoption of Bitcoin as a reserve currency?All 3 options seem pretty unrealistic.

I do not think there is anyone today who wants to be the new McAfee,,, especially when he has such a bad reputation now for shilling and getting paid for it, then running away and now finally getting jailed for tax evasion!

I also do not think 1 M is realistic but I would never rule it out,,, crypto is becoming something bigger than anyone imagined now.

Any publicuty whether good or bad still publicity and imagine if your name will be placed on many official crypto media sites you will get instant fame and fame make your name here became expensive. We are on crypto and every news you spread especially if you are famous is possibly can caught attention and I believe this is the only intention of those people who keep spreading unrealistic prediction about future price of bitcoins.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: Lucius on May 06, 2021, 10:30:24 AM
Is he the new John Mcafee? ;D

There is a big difference between him and this guy - the former claimed to know exactly when it would happen, the latter clearly says he has no idea when it will happen - pure speculation based on his personal opinion.

This is just bullish wishful thinking.The price will never hit 1 million per BTC.Let's be more realistic and stay in the 100K-200K USD frame,when it comes to bullish price predictions.

Never say never when it comes to Bitcoin, no matter how impossible something may sound - because I personally remember when people said that BTC would never reach a price of $1000 again, and 5 years ago few dared to speculate on a price higher than $10 000.

I don't know what force would pump the BTC price to 1M USD?I can't imagine such financial power.
The US federal reserve buying Bitcoins?China buying Bitcoins?Global mass adoption of Bitcoin as a reserve currency?All 3 options seem pretty unrealistic.

Everything you wrote and of course the central banks, but the question really is how realistic these options are - only time will tell.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: proudhon on May 06, 2021, 01:11:30 PM
how realistic do you feel his statements is?

It is provably unrealistic. Bitcoin won't ever even reach it's all time high again. $70k is out of the question, to say nothing of $1m.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: Lucius on May 06, 2021, 01:24:19 PM
It is provably unrealistic. Bitcoin won't ever even reach it's all time high again. $70k is out of the question, to say nothing of $1m.

Why this unreasonable trolling and FUD? Your post history is full of completely wrong estimates (if we can call them that at all), and this way you only increase that pile even more. Only a completely inexperienced beginner can believe this nonsense. We are now in 2021 and Bitcoin is still here, how is it possible that it did not disappear last year?

The price will hit $5,000 again in 2018, and even approach $1,000. In 2019 the price will go below $1,000 on its way to complete collapse and failure. 2020 bitcoin will be done. Facts.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: beerlover on May 06, 2021, 03:01:08 PM
I believe this is the only intention of those people who keep spreading unrealistic prediction about future price of bitcoins.
But I do not call this "unrealistic prediction". People may call for anything but I am seeing into the real potential of bitcoins hence probably this is what going to happen with bitcoin prices in coming months and then people who predicted accurately will get into limelight for their exact speculations. Overall, do not bother the intension of those people; but look into how much possible for those predictions to become real among on going bull run.

eventually dollar will get so devalued that bitcoin will be one million dollars per coin.
Dollars' devaluation due to high inflation must be the core reason for investors getting into alternate opportunities which includes bitcoins. But at the same time, we cannot ignore the in-built potential of bitcoins which includes limited supply and digital gold standard and all new decentralized payment etc. I believe these characteristics are the basics for any high value of bitcoins.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: fullhdpixel on May 06, 2021, 08:09:49 PM
Is he the new John Mcafee? ;D

There is a big difference between him and this guy - the former claimed to know exactly when it would happen, the latter clearly says he has no idea when it will happen - pure speculation based on his personal opinion.
I would say that the difference between McAffee and any other bitcoin maximalist would be just the date, otherwise we all believe on the same thing. The date is unknown, maybe 100 years from now, maybe 10, maybe tomorrow (okay probably not tomorrow: D) it will be 1 million dollars because dollar worths less and less and less in the end.

A million dollars 50 years ago would have made you so rich that you could have lived 10 lives with it, you would have a billion by now, a million dollars 100 years ago was so rich that you would be one of the richest person in the entire USA nation, however 1 million dollars 10 years ago was just a decent money, not really "set for life" type of money for many, and now.. it is still decent, I mean 60k is yearly median income so that is 16 years worth, considering inflation let’s say 10 years guaranteed, but it is still not set for life.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: Quidat on May 06, 2021, 08:59:21 PM
In an live interview with Yahoo Finance Coindesk Editor has boldly claimed that bitcoin will be hitting $1 million dollar per one bitcoin, and given the current market trends how realistic do you feel his statements is?. Also if you believe there’s a huge possibility of this being true, then what time frame would you speculate about seeing Bitcoin prices crossing this huge milestone.

Source:

https://finance.yahoo.com/video/believe-estimates-bitcoin-eventually-hit-201346367.html
He should at least consider for us to reach $100k first before talking about millions.Well, this is a free market and everyone could really say up things on whats into his mind.
We've been seeing 200-300-500k towards price predictions but if we do really consider out on what are the factors needing for us to reach those heights? This isnt something
that would be attainable on a very short span of time or even thinking million per coin is really impossible but well lets see on what the future looks like.
We can predict all we want though.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: pixie85 on May 06, 2021, 09:22:34 PM
@Juggy777. I would call that larping, however, presently witnessing that dogecoin is going to $1.00, I believe him hehehe. This is a crazy cryptospace market we have here. All fundamental analysis is thrown in exchange for the pump.

Actually fundamentals strongly support the price of bitcoin.

If we could go to 20 thousand without Elon Musk, Paypal, all the hedge funds and institutional hype, we can surely be at 60 with all of them in and a new bull market. 1 million is a different thing, I agree, but who knows what will happen in 5 years. Maybe Bitcoin will save some countries from hyperinflation and economic collapse?

When it comes to Dogecoin I'm baffled too. The power of social media is strong with this one.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: Ryker1 on May 06, 2021, 09:35:30 PM
In an live interview with Yahoo Finance Coindesk Editor has boldly claimed that bitcoin will be hitting $1 million dollar per one bitcoin, and given the current market trends how realistic do you feel his statements is?.
Well, It is just funny how history repeats itself. Like, imagine Dogecoin beating promising and professional coins?
You will definitely realize that life works not on how promising your work is, --but how good you are in relationships and convincing people. Dogecoin only succeeds over the other coins because they had their solid connection with Elon Musk. I never know the approach they had to take just to get some help from Musk to pump the coin. But it did work very very well. That was a clever one. Now, on this statement, I should say that there is a possibility that bitcoin would increase to $1 million in the next 10 years. I can tell. People are about to come in and Bitcoin will soon become widely accepted.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: Lanatsa on May 06, 2021, 10:12:20 PM
@Juggy777. I would call that larping, however, presently witnessing that dogecoin is going to $1.00, I believe him hehehe. This is a crazy cryptospace market we have here. All fundamental analysis is thrown in exchange for the pump.

Actually fundamentals strongly support the price of bitcoin.

If we could go to 20 thousand without Elon Musk, Paypal, all the hedge funds and institutional hype, we can surely be at 60 with all of them in and a new bull market. 1 million is a different thing, I agree, but who knows what will happen in 5 years. Maybe Bitcoin will save some countries from hyperinflation and economic collapse?

When it comes to Dogecoin I'm baffled too. The power of social media is strong with this one.
We don't need a rise which is mostly caused with some hype or its not really been backed up by something.We do need a stronger foundation which make the price wont really be crashing that easily.

Try to look into that 20k that you've been talking on reaching out without those institutional funds and other big companies involved? When it crash then it almost hits the floor.

Unlike if we do mind about adoption in a different scale then we might see new heights but not really high as this speculation.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: fadhilz123 on May 06, 2021, 10:20:20 PM
Not only Coindesk editor, me and many people around the world believe it too, but the main question when it happens?? In the future, another halving will come, make bitcoin more scarcity, and more demand will come more scarcity again. So no too late if people want to invest in Bitcoin, so buy and hold it


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: Woodie on May 06, 2021, 10:32:52 PM
You don't need rocket science to figure this out.

Simple laws of supply and demand should give us the picture of demand pushing price up which is made possible by the fixed number of bitcoins to ever exist. Though I don't think bitcoin is hitting a million dollars any time soon.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: AmoreJaz on May 06, 2021, 10:36:06 PM
In an live interview with Yahoo Finance Coindesk Editor has boldly claimed that bitcoin will be hitting $1 million dollar per one bitcoin, and given the current market trends how realistic do you feel his statements is?.
Well, It is just funny how history repeats itself. Like, imagine Dogecoin beating promising and professional coins?
You will definitely realize that life works not on how promising your work is, --but how good you are in relationships and convincing people. Dogecoin only succeeds over the other coins because they had their solid connection with Elon Musk. I never know the approach they had to take just to get some help from Musk to pump the coin. But it did work very very well. That was a clever one. Now, on this statement, I should say that there is a possibility that bitcoin would increase to $1 million in the next 10 years. I can tell. People are about to come in and Bitcoin will soon become widely accepted.

maybe if nothing else, the comment of the editor is very optimistic towards BTC. a good encouragement for some other users that are not yet into crypto to come and discover their options here. but that number, would take years and bigger adoption before it can be a reality.

You don't need rocket science to figure this out.

Simple laws of supply and demand should give us the picture of demand pushing price up which is made possible by the fixed number of bitcoins to ever exist. Though I don't think bitcoin is hitting a million dollars any time soon.

definitely, not anytime soon. would take time to reach that level. no one can precisely predict such scenario from happening.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: Zemomtum on May 06, 2021, 11:40:03 PM
With the nature of the volatility in the crypto space and Dogecoin from a cent now worth $1, nothing will seem impossible with this speculation but it will be for a long time play and not anything with 5 years in my own opinion.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: adaseb on May 07, 2021, 04:15:20 AM
@Juggy777. I would call that larping, however, presently witnessing that dogecoin is going to $1.00, I believe him hehehe. This is a crazy cryptospace market we have here. All fundamental analysis is thrown in exchange for the pump.

Dogecoin going to $1 is easier than bitcoin going to $1,000,000. You need to look at the market caps in this. It would be very difficult for bitcoin to be able to trade at $1,000,000 per coin. There are tons of people these days with around 1 coin or so, if they all held till $1M and decided to sell, where would the buyers be to absorb all that selling pressure. I don't think it would be sustainable.

Dogecoin is rallying due to a short squeeze and all the old adopter most likely sold. So only investors right now are the robinhooders and tiktokers who are thinking Doge is going to go to like $10/doge and they are holding and not selling until then. They have no idea how much supply of Doge there is.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: rahmatrf331 on May 07, 2021, 04:36:53 AM
In an live interview with Yahoo Finance Coindesk Editor has boldly claimed that bitcoin will be hitting $1 million dollar per one bitcoin, and given the current market trends how realistic do you feel his statements is?. Also if you believe there’s a huge possibility of this being true, then what time frame would you speculate about seeing Bitcoin prices crossing this huge milestone.

Source:

https://finance.yahoo.com/video/believe-estimates-bitcoin-eventually-hit-201346367.html
If that's true, the price of bitcoin will reach $ 1 million dollars peritcoin, I consider it the greatest opportunity for those who want to invest in bitcoin, but unfortunately for those who think it's impossible, the price of bitcoin really reaches $ 1 million dollars. Per one bitcoin.
but first let's proofread the information obtained and check its accuracy, before making a decision to buy in the long run.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: traderethereum on May 07, 2021, 08:11:44 AM
In an live interview with Yahoo Finance Coindesk Editor has boldly claimed that bitcoin will be hitting $1 million dollar per one bitcoin, and given the current market trends how realistic do you feel his statements is?. Also if you believe there’s a huge possibility of this being true, then what time frame would you speculate about seeing Bitcoin prices crossing this huge milestone.

Source:

https://finance.yahoo.com/video/believe-estimates-bitcoin-eventually-hit-201346367.html
If that's true, the price of bitcoin will reach $ 1 million dollars peritcoin, I consider it the greatest opportunity for those who want to invest in bitcoin, but unfortunately for those who think it's impossible, the price of bitcoin really reaches $ 1 million dollars. Per one bitcoin.
but first let's proofread the information obtained and check its accuracy, before making a decision to buy in the long run.
So they still have a chance to buy bitcoin from now on and hold it for some time because bitcoin price now is at $55k.
If they can constantly buying bitcoin weekly or monthly, they will see their bitcoin amount will increase and if that really happens, they will make a big profit.
If bitcoin price start increase and back to $60k or the other highest price, they will regret it because they do not have much chance to invest bitcoin in a large amount because the price is too expensive for them and they are a bit too late to buy bitcoin at a low price.
But if they want to buy bitcoin, they need to wait for the downtrend because that time will be worth buying bitcoin at a low price.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: sunsilk on May 07, 2021, 08:27:09 AM
Most of us are holders and we all want to say that we want to see bitcoin hit $1M anytime soon in the future. But to be honest, it will come in an unexpected time thay no one has ever thought of.

Just like bitcoin goes on bull at end of 2020. Everyone became excited when it has finally entered and broken its past ATH. I am not saying it is impossible but if it will come, then it will be at a time that we never expected.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: danherbias07 on May 07, 2021, 10:37:37 AM
At least it's not the kind of FUD we always see whenever the Bitcoin value goes up.
I believe in him but it may not happen in my lifetime.  ;D
If only the money invested in cryptocurrencies was not divided too much then it could have happened a long time ago.
But more mushrooms are popping out of the soil, some of them are even poisonous that it makes people kill themselves in regret for buying it.
Right now, if I could just see $100-200k per Bitcoin then I will be happy.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: Ludmilla_rose1995 on May 07, 2021, 10:40:16 AM
$ 1 million per bitcoin is very likely indeed. but, It took a long time to reach $ 1 million per coin. maybe for 8 to 12 years. At that time, bitcoins were very rare and very difficult to obtain, so they were very expensive.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: leea-1334 on May 07, 2021, 11:03:53 AM
Any publicuty whether good or bad still publicity and imagine if your name will be placed on many official crypto media sites you will get instant fame and fame make your name here became expensive. We are on crypto and every news you spread especially if you are famous is possibly can caught attention and I believe this is the only intention of those people who keep spreading unrealistic prediction about future price of bitcoins.

For the short term and for altcoins of course,,, short term publicity is good, people come and your name is famous and you are known,,, some shillers will even come to you because of that but long term? You can take a long time to build a good reputation but to repair a broken one takes even longer, if at all even possible. Of course I guess for these guys they are willing to forego future rep for current rep.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: RealMalatesta on May 07, 2021, 12:59:47 PM
maybe for 8 to 12 years. At that time, bitcoins were very rare and very difficult to obtain, so they were very expensive.
I do not think bitcoin may not require another 8 to 12 years to value one million dollars as per its 4 years cycles and rate of growth per each cycle. It means bitcoin may hit that one million dollar value by 2025 itself if this year bring $100k or more per one bitcoins. Yes, every four year cycle bring bitcoins 10x growth this way if we reach $100k within this cycle then we can reach another 10x in next cycle.

Right now, if I could just see $100-200k per Bitcoin then I will be happy.
Hopefully bitcoin will not disappoint you hence get ready to embrace more than $200k as well within this year. If $200k happens this year then I will not doubt about reaching $1 million by 2025.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: macson on May 07, 2021, 09:21:53 PM
snip
Source:

https://finance.yahoo.com/video/believe-estimates-bitcoin-eventually-hit-201346367.html
Quote
OLLIE LEECH: Oh, that's a good question. Long, long term, I think with the halving coming up in 2024 and the year after that always seems to do very, very well for Bitcoin. I think estimations of Bitcoin go into a million dollars a coin. I actually believe that it will, at some stage, with just the scarcity aspect alone, it makes it an incredibly exciting asset to hold.

i agree with this opinion that scarcity factor as well as the next halving that will "push" the value of Bitcoin to $1M.  since Bitcoin touched the $66k mark, i have become increasingly convinced that "nothing is impossible with the price of Bitcoin".


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: Fatunad on May 07, 2021, 10:42:29 PM
$ 1 million per bitcoin is very likely indeed. but, It took a long time to reach $ 1 million per coin. maybe for 8 to 12 years. At that time, bitcoins were very rare and very difficult to obtain, so they were very expensive.
I would rather say that it would take 1 million per coin when the last halving event would happen on 2140+ where there no coin would be able to be mined and the entire supply is scarce.
Hard to believe on that we would reach it out on our current life time into those years but we dont know on what would actually happen in future years to come.
If someone believe that it would hit 1M then so be it and just let them be on what would be their own view towards the price.We do have our own opinions but
dont just let your hopes up because nothing is certain.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: Rengga Jati on May 07, 2021, 11:03:07 PM
The possibility is here, in cryptocurrency nothing is impossible. We also didn't expect to much about Bitcoin price in 2018 after it's dumb and then right now, it rises to $60k or more. That is why there is a chance to reach 1M. But about the exact time, we cannot predict it. Just see and heck updated news about s that. Bitcoin is strong crypto and it has proven its power so far.

Is there someone going to buy it even before it reaches that price?
This question may be also uttered before 2017 when the price of BTC was very low. But now, it is reaching $60k and many people still want to buy it for the shake of the profits and money  :D ;D


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: South Park on May 09, 2021, 07:23:17 PM
Is he the new John Mcafee? ;D
This is just bullish wishful thinking.The price will never hit 1 million per BTC.Let's be more realistic and stay in the 100K-200K USD frame,when it comes to bullish price predictions.
I don't know what force would pump the BTC price to 1M USD?I can't imagine such financial power.
The US federal reserve buying Bitcoins?China buying Bitcoins?Global mass adoption of Bitcoin as a reserve currency?All 3 options seem pretty unrealistic.

I do not think there is anyone today who wants to be the new McAfee,,, especially when he has such a bad reputation now for shilling and getting paid for it, then running away and now finally getting jailed for tax evasion!

I also do not think 1 M is realistic but I would never rule it out,,, crypto is becoming something bigger than anyone imagined now.
It depends on the timeline in which we think it is going to happen, if people think this is going to happen now then they are mistaken however the highest price that bitcoin reaches during this bull run is going to be critical to know how soon we will have a realistic chance of that happening, if the price went as high as 200k or 250k then one million dollars could be possible during the next 5 to 10 years but if the highest price we reach is something closer to 100k then it may take a few decades before we see that price.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: Quidat on May 09, 2021, 07:49:15 PM
Most of us are holders and we all want to say that we want to see bitcoin hit $1M anytime soon in the future. But to be honest, it will come in an unexpected time thay no one has ever thought of.

Just like bitcoin goes on bull at end of 2020. Everyone became excited when it has finally entered and broken its past ATH. I am not saying it is impossible but if it will come, then it will be at a time that we never expected.
No one had really expected for the price to break ATH on 2020 and able to reach up even way more higher in terms of price levels. Nothing is certain when it comes to future
but basing off with potential then we can really tell that it can really reach up heights and Bitcoin has never failed us on making out some surprise but i do hope for that
non-bubble type of increase just like on what happened on that 2017 but basing off with level of recognition and adoption then we can say that this isnt something similar into those
days.Lets be patient and lets see on how far it would go.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: ene1980 on May 09, 2021, 08:11:18 PM
Not only does CoinDesk editor having a belief that the price of Bitcoin will hit a million dollars but there are many in the cryptocurrency market that believe that the price would hit a million dollars per coin. I can very well say that i am not expecting any of these valuations simply because it does not make any sense if the transaction charge keeps on increasing with every rally and to have a million valuation we need to have a much better scaling solution than we have now, then i would say it is realistic.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: blckhawk on May 10, 2021, 01:25:51 PM
In an live interview with Yahoo Finance Coindesk Editor has boldly claimed that bitcoin will be hitting $1 million dollar per one bitcoin, and given the current market trends how realistic do you feel his statements is?. Also if you believe there’s a huge possibility of this being true, then what time frame would you speculate about seeing Bitcoin prices crossing this huge milestone.

Source:

https://finance.yahoo.com/video/believe-estimates-bitcoin-eventually-hit-201346367.html
Honestly, wasn't really sure if Bitcoin could have that price someday but since everything can happen in crypto then I'd say there's a possibility. 1 million was a crazy amount for Bitcoin but looking on the market now for as for example Doge if they will able to push it to 1$ then certainly Bitcoin can hit 1 million as well since we know Bitcoin was better than most of the altcoins after all. Regarding on the timeframe, one thing is for sure it won't happen this year, it will take a couple of bull cycles and years for Bitcoin to reach that mark.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: BrewMaster on May 10, 2021, 02:22:29 PM
Honestly, wasn't really sure if Bitcoin could have that price someday but since everything can happen in crypto then I'd say there's a possibility. 1 million was a crazy amount for Bitcoin but looking on the market now for as for example Doge if they will able to push it to 1$ then certainly Bitcoin can hit 1 million as well since we know Bitcoin was better than most of the altcoins after all. Regarding on the timeframe, one thing is for sure it won't happen this year, it will take a couple of bull cycles and years for Bitcoin to reach that mark.
$1 millions price for bitcoin is no crazier than $60k price that we currently have. if you told people a year ago that price is going to reach this level they would have been surprised and called you crazy.
it also won't take that long to get there. there are a lot of things that are contributing to this fast rise to $1 million and most important factor in my opinion is the terrible money printing policies.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: Andrews193 on May 10, 2021, 04:31:28 PM
Not only does CoinDesk editor having a belief that the price of Bitcoin will hit a million dollars but there are many in the cryptocurrency market that believe that the price would hit a million dollars per coin. I can very well say that i am not expecting any of these valuations simply because it does not make any sense if the transaction charge keeps on increasing with every rally and to have a million valuation we need to have a much better scaling solution than we have now, then i would say it is realistic.
Believe in absurdity is not a concept that we should learn, many people always form scary thoughts about the value of bitcoin, they reveal too much greed and lack of critical analysis, which path will bitcoin lead to such value, many want this price point but many also choose closer milestones to liquidate bitcoin. CoinDesk's editor is probably trying to advertise and make an impact, but unfortunately, a sane person wouldn't be irritated by this fictional story.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: Hippocrypto on May 10, 2021, 11:04:18 PM
In an live interview with Yahoo Finance Coindesk Editor has boldly claimed that bitcoin will be hitting $1 million dollar per one bitcoin, and given the current market trends how realistic do you feel his statements is?. Also if you believe there’s a huge possibility of this being true, then what time frame would you speculate about seeing Bitcoin prices crossing this huge milestone.

Source:

https://finance.yahoo.com/video/believe-estimates-bitcoin-eventually-hit-201346367.html

Based on this article, I could remember the old days while bitcoin still at 10k each. Many speculated about $1m per btc, but what happened was $20k surpassed until $60k. Because of unpredictability, bitcoin has reached that value unexpectedly. Not matter how crucial the price fluctuations is, don't even give up and stay strong with your decisions to hold until such time $1m will become reality.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: hatshepsut93 on May 10, 2021, 11:59:04 PM
If US dollar will get hit with hyperinflation, then sure. Otherwise, how can you imagine 21 trillion marketcap? That's way more than gold, and gold has been a store of value for thousands of years, and Bitcoin has only a fraction of gold's adoption as a store of value, and negligibly small adoption as a payment method.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: The Sceptical Chymist on May 11, 2021, 12:04:10 AM
In other news, the Pope has declared that he believes in God!  ;D
Lol, you put what I was thinking into a way that's much funnier than what was in my head--what else do you think the editor of CoinDesk is going to say?  There's no way in hell a crypto news site is going to make a bearish prediction about bitcoin, since their readership most likely increases proportionately to increases in crypto prices.

But you know what?  I'm not going to scoff at anyone who thinks bitcoin is going to $1million, because I've dismissed crazy crystal ball predictions before and I missed out on making bank because of that.  Ah well, hindsight is 20/20.  I'm not sure exactly when that valuation will be hit, but I've started to think that it'll probably be within the next 10 years or so.

If US dollar will get hit with hyperinflation, then sure.
Ha ha....that's exactly what I said when people were predicting that bitcoin was going to $10k and $50k.  I was wrong both times.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: LogitechMouse on May 11, 2021, 01:01:57 AM
Anybody can believe in what they believe.
Anybody can say what they are believing that it will happen.
In the end, it will remain as a mere prediction and nothing more.

Like him, there are so many people that are believing on it and we already see that it will happen in the stock-to-flow model. Am I believing that this will happen? Yes. With what is happening right now especially the USD inflation, many people might consider investing their fiat money into Bitcoin and crypto. We might see some people risking their savings and will put it in Bitcoin since they see it as a store of value. That might be risky but they believe on it as much as we believe that it will hit 1 Million :).

Its only a matter of when it will happen or worse, it will not happen at all.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: hatshepsut93 on May 11, 2021, 02:46:55 AM
Ha ha....that's exactly what I said when people were predicting that bitcoin was going to $10k and $50k.  I was wrong both times.

Yeah, in retrospect it was crazy to even imagine Bitcoin getting to $60k, but if you look at marketcaps, it really wasn't that crazy. If a company can be worth 1 trillion, then why not a store of value asset? However, around gold's marketcap (11 trillion) is a limit for Bitcoin's value, until we would see a really widespread use as a currency.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: Shasha80 on May 11, 2021, 02:49:01 AM
In an live interview with Yahoo Finance Coindesk Editor has boldly claimed that bitcoin will be hitting $1 million dollar per one bitcoin, and given the current market trends how realistic do you feel his statements is?. Also if you believe there’s a huge possibility of this being true, then what time frame would you speculate about seeing Bitcoin prices crossing this huge milestone.

Source:

https://finance.yahoo.com/video/believe-estimates-bitcoin-eventually-hit-201346367.html
Based on this article, I could remember the old days while bitcoin still at 10k each. Many speculated about $1m per btc, but what happened was $20k surpassed until $60k. Because of unpredictability, bitcoin has reached that value unexpectedly. Not matter how crucial the price fluctuations is, don't even give up and stay strong with your decisions to hold until such time $1m will become reality.

I am among those who believe Bitcoin in the next 10 years will reach a price of $ 1M, so I continue to collect as much Bitcoin as possible starting
from now. Because who knows Bitcoin can reach the price of $ 1M sooner than many people predict, then I'm ready for that to happen.
To reach a price of $ 60k this year is relatively fast in my opinion, because Bitcoin price movements are very difficult to predict. So I suggest
we collect as much Bitcoin as possible, so don't be in a rush to sell the Bitcoin that we have. Because it will be regrettable if Bitcoin finally reaches
the price of $ 1M but we don't have that much Bitcoin.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: Golftech on May 11, 2021, 05:40:51 AM
In an live interview with Yahoo Finance Coindesk Editor has boldly claimed that bitcoin will be hitting $1 million dollar per one bitcoin, and given the current market trends how realistic do you feel his statements is?. Also if you believe there’s a huge possibility of this being true, then what time frame would you speculate about seeing Bitcoin prices crossing this huge milestone.

Source:

https://finance.yahoo.com/video/believe-estimates-bitcoin-eventually-hit-201346367.html
Based on this article, I could remember the old days while bitcoin still at 10k each. Many speculated about $1m per btc, but what happened was $20k surpassed until $60k. Because of unpredictability, bitcoin has reached that value unexpectedly. Not matter how crucial the price fluctuations is, don't even give up and stay strong with your decisions to hold until such time $1m will become reality.

I am among those who believe Bitcoin in the next 10 years will reach a price of $ 1M, so I continue to collect as much Bitcoin as possible starting
from now. Because who knows Bitcoin can reach the price of $ 1M sooner than many people predict, then I'm ready for that to happen.
To reach a price of $ 60k this year is relatively fast in my opinion, because Bitcoin price movements are very difficult to predict. So I suggest
we collect as much Bitcoin as possible, so don't be in a rush to sell the Bitcoin that we have. Because it will be regrettable if Bitcoin finally reaches
the price of $ 1M but we don't have that much Bitcoin.


Collecting every satoshi that you can while waiting for that huge value, a good strategy if you are doing it using

your spare money and time, if you can keep it and you don't have any plans to use it for sure you'll see the results

that's very profitable for you, law of supply and demand will make this things to happened, keep your asset as your

personal savings along the way.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: traderethereum on May 11, 2021, 01:30:21 PM
In an live interview with Yahoo Finance Coindesk Editor has boldly claimed that bitcoin will be hitting $1 million dollar per one bitcoin, and given the current market trends how realistic do you feel his statements is?. Also if you believe there’s a huge possibility of this being true, then what time frame would you speculate about seeing Bitcoin prices crossing this huge milestone.

Source:

https://finance.yahoo.com/video/believe-estimates-bitcoin-eventually-hit-201346367.html
Based on this article, I could remember the old days while bitcoin still at 10k each. Many speculated about $1m per btc, but what happened was $20k surpassed until $60k. Because of unpredictability, bitcoin has reached that value unexpectedly. Not matter how crucial the price fluctuations is, don't even give up and stay strong with your decisions to hold until such time $1m will become reality.

I am among those who believe Bitcoin in the next 10 years will reach a price of $ 1M, so I continue to collect as much Bitcoin as possible starting
from now. Because who knows Bitcoin can reach the price of $ 1M sooner than many people predict, then I'm ready for that to happen.
To reach a price of $ 60k this year is relatively fast in my opinion, because Bitcoin price movements are very difficult to predict. So I suggest
we collect as much Bitcoin as possible, so don't be in a rush to sell the Bitcoin that we have. Because it will be regrettable if Bitcoin finally reaches
the price of $ 1M but we don't have that much Bitcoin.


Collecting every satoshi that you can while waiting for that huge value, a good strategy if you are doing it using

your spare money and time, if you can keep it and you don't have any plans to use it for sure you'll see the results

that's very profitable for you, law of supply and demand will make this things to happened, keep your asset as your

personal savings along the way.
Although we do not know when the bitcoin price will reach $1M, we need to make more and more bitcoin before it is too late to do that because if the bitcoin price starts increasing, we will hard to do that.
I also believe that the bitcoin price will be at more than the price now and will reach $1M in the future and who knows, that price will not take too long to be reached so we can make a big profit from bitcoin.
I agree with what @Shasha80 said that we need to collect as much bitcoin as possible so we are ready to sell bitcoin at a high price.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: k@suy on May 11, 2021, 04:04:33 PM

Although we do not know when the bitcoin price will reach $1M, we need to make more and more bitcoin before it is too late to do that because if the bitcoin price starts increasing, we will hard to do that.
I also believe that the bitcoin price will be at more than the price now and will reach $1M in the future and who knows, that price will not take too long to be reached so we can make a big profit from bitcoin.
I agree with what @Shasha80 said that we need to collect as much bitcoin as possible so we are ready to sell bitcoin at a high price.

I do personally believing that bitcoin has the potential to reach its market exxhange rate at $1Million we may never when but hopefully it will.
I am very much positive that any predicted amount were possible to happen (let's include a red market tag of bitcoin) because of the characteristics of bitcoin being volatile.
I just remember way back three years ago when I first entered here in bitcointalk, there are also a thread asking about if bitcoin will be possibly attain $20k because at that time bitcoin price got dropped to a more than $3k but now here it is bitcoin presenting itself having a market value of $56k.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: traderethereum on May 12, 2021, 01:22:22 PM

Although we do not know when the bitcoin price will reach $1M, we need to make more and more bitcoin before it is too late to do that because if the bitcoin price starts increasing, we will hard to do that.
I also believe that the bitcoin price will be at more than the price now and will reach $1M in the future and who knows, that price will not take too long to be reached so we can make a big profit from bitcoin.
I agree with what @Shasha80 said that we need to collect as much bitcoin as possible so we are ready to sell bitcoin at a high price.

I do personally believing that bitcoin has the potential to reach its market exxhange rate at $1Million we may never when but hopefully it will.
I am very much positive that any predicted amount were possible to happen (let's include a red market tag of bitcoin) because of the characteristics of bitcoin being volatile.
I just remember way back three years ago when I first entered here in bitcointalk, there are also a thread asking about if bitcoin will be possibly attain $20k because at that time bitcoin price got dropped to a more than $3k but now here it is bitcoin presenting itself having a market value of $56k.
Yes, we all involved in bitcoin from a long time ago, at least 1 year ago, and following the bitcoin journey will believe that bitcoin can reach $1Million because we know bitcoin can do that.
From the three years ago, we already saw that bitcoin price really touch $20k and although the price dropped to $3k, the price back to the high price.
And now, the price is at $56k and it will increase more than that price and we will see bitcoin price reach $60k again.
But the price will not increase instantly because the bitcoin price will fluctuate.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: Fatunad on May 12, 2021, 05:43:58 PM

Although we do not know when the bitcoin price will reach $1M, we need to make more and more bitcoin before it is too late to do that because if the bitcoin price starts increasing, we will hard to do that.
I also believe that the bitcoin price will be at more than the price now and will reach $1M in the future and who knows, that price will not take too long to be reached so we can make a big profit from bitcoin.
I agree with what @Shasha80 said that we need to collect as much bitcoin as possible so we are ready to sell bitcoin at a high price.

I do personally believing that bitcoin has the potential to reach its market exxhange rate at $1Million we may never when but hopefully it will.
I am very much positive that any predicted amount were possible to happen (let's include a red market tag of bitcoin) because of the characteristics of bitcoin being volatile.
I just remember way back three years ago when I first entered here in bitcointalk, there are also a thread asking about if bitcoin will be possibly attain $20k because at that time bitcoin price got dropped to a more than $3k but now here it is bitcoin presenting itself having a market value of $56k.
We do have our own beliefs thats why im not really going against into those numbers on where someone do really believe the price could hit up.
Even though majority will be telling that its impossible but we do know the probabilities that it could really happen basing off into those
past histories of bitcoin on breaking new all time highs but i agree into some point that basing off with mathematics and trying to
calculate off on how much we would able to get the entire cap which would be mostly beating up the fiat system entire cap
which is impossible to believe on.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: Shasha80 on May 14, 2021, 11:14:11 PM
~
Based on this article, I could remember the old days while bitcoin still at 10k each. Many speculated about $1m per btc, but what happened was $20k surpassed until $60k. Because of unpredictability, bitcoin has reached that value unexpectedly. Not matter how crucial the price fluctuations is, don't even give up and stay strong with your decisions to hold until such time $1m will become reality.
I am among those who believe Bitcoin in the next 10 years will reach a price of $ 1M, so I continue to collect as much Bitcoin as possible starting
from now. Because who knows Bitcoin can reach the price of $ 1M sooner than many people predict, then I'm ready for that to happen.
To reach a price of $ 60k this year is relatively fast in my opinion, because Bitcoin price movements are very difficult to predict. So I suggest
we collect as much Bitcoin as possible, so don't be in a rush to sell the Bitcoin that we have. Because it will be regrettable if Bitcoin finally reaches
the price of $ 1M but we don't have that much Bitcoin.
Collecting every satoshi that you can while waiting for that huge value, a good strategy if you are doing it using

your spare money and time, if you can keep it and you don't have any plans to use it for sure you'll see the results

that's very profitable for you, law of supply and demand will make this things to happened, keep your asset as your

personal savings along the way.

I agree that collecting Bitcoin is a very good strategy, if we really use the extra money we have. Most people think Bitcoin can provide instant
profit, finally many people buy Bitcoin using money to buy daily necessities. There are even crazier ones in my opinion, namely using borrowed
money to buy Bitcoin, this is something that must be avoided. Because the price of Bitcoin is not only difficult to predict, but the price of Bitcoin is
very volatile, which is where the Bitcoin price could fall quite deeply. And after that it turns out that we have an urgent need, so we are forced
to sell our Bitcoin when the price drops. So always invest money that we can afford to lose.


Title: Re: CoinDesk editor believes Bitcoin will hit 1 million per coin.
Post by: Saisher on May 15, 2021, 01:05:01 AM
In an live interview with Yahoo Finance Coindesk Editor has boldly claimed that bitcoin will be hitting $1 million dollar per one bitcoin, and given the current market trends how realistic do you feel his statements is?. Also if you believe there’s a huge possibility of this being true, then what time frame would you speculate about seeing Bitcoin prices crossing this huge milestone.

Source:

https://finance.yahoo.com/video/believe-estimates-bitcoin-eventually-hit-201346367.html

He is not the first one that predicted that McAfee predicted that in 2020, it is now that we come to believe that there is a possibility for the price to reach $1 million because of the many institutions coming in to be part of the industry and Cryptocurrency is always news in business media, it becomes a matter of time now before it reaches one million.