Bitcoin Forum

Jeremie Davinci, one of Bitcoin’s longest-standing evangelists, just revealed a figure that stands out: $500,000. That is where he sees the Bitcoin price heading before the end of the decade.

I'm actually curious about the timeframe for such a prediction. $BTC recently pulled back from highs of $123,000 and is now trading under $117,000, marking a 2.4% daily drop. So, this pullback has not shaken Davinci's outlook. Instead, he is doubling down with not just a price prediction but also a generational pitch.

Personally I think the time frame is too short to hit the $500,000 mark.
What do you think?

Also, regarding eclipse the hybrid layer 2 solution... I learnt there's mixed reaction pertaining to the token $ES launch and Airdrop distribution.

 Can anyone shed some light on this?

It is definitely an eye catching figure, isn't it?  Bitcoin has undoubtedly shown incredible growth potential and continues to capture attention. But jumping from its current levels to $500,000 in just four years is a monumental leap... Bitcoin journey isn't magical like abracadabra. It is a complex interplay of adoption, regulation, market dynamics, and technological advancements.
 
Instead of getting fixated on dizzying high jumps, lets try to appreciate Bitcoin's current achievements and its ongoing evolution. We've seen its resilience and growing acceptance and that is a story in itself.  Bitcoin has a long way to go, and its full potential is yet to be unlocked. 

Well if our money supply can score a solid 50% in a decade Bitcoin has to just score only 400% than. Do you know the statistics? US M2 Money Increased $15T to $21T we're just stuck in a infinite number game loop. Your real assets , your gold price is not increasing just the purchaing numbers are increasing.

Over the decade we lost 35% our purchasing power, but this shouldn't be happened. Why we do need those extra numbers on our banks. Actually the whole finance system is corrupted.

Right now 6% people is using Bitcoin and owning it. We just need to acquire this number to 20% and Viola we hit Bitcoin at $500k

30% of Bitcoin Purchased by industrial purchased When bitcoin launched no one belived it could hit $1 at some point, when it was 300$ no kne belived it to be hit $1k
When it was $4k and made it's ATH to $20k no one one ready for it. Also it will go to $500k in no time. Haha let's see how this works around.

Pullback? We're at 120k, that was no pullback at all. Bitcoin used to correct at least 10% after an ATH and now it moves down by 3% and people scream pullback :D

I feel like it can easily do $500k. You can find analysts talking about how little fiat is needed to move the price and it really takes just something like 1b $. Imagine that at many exchanges the total daily volume is just less than 1b USD, so that amount used for a single buy order can completely drain sellers and start a liquidation cascade. 1b USD is literally nothing when you compare that to how much billionaires can invest. For instance Bezos is worth 240b, so for these people to spend 500m or something on a thing they want is very doable. Any billionaire from the top 100 list could take bitcoin to 200k USD tomorrow.

$500k in the next decade or in a decade is possible if only we can see 200k this year then it very much possible to see $500k it's not a big deal for bitcoin.

However anyone can just make speculation or prediction about bitcoin because it's free will nobody knows anything about the next minute so don't take the prediction of anyone very serious!

But why do I feel like you're saying bullshit in total here because looking at the end of your post or last paragraph it shows you're shilling for a project definitely.

We have to understand how many years that made up of the decade he predicted and do some comparing with the price of Bitcoin now, so actually he is talking about a period of ten years from now to see the Bitcoin possibly at that price and this is something knowledgeable because the impossibility of it is too minor and Bitcoin always have the capacity for unexpected growth, although having a recent pullback is not something to affect his prediction because there are still a lot of time, although i cannot say he is completely right but i believe the price might not be far from his calculation in ten years from here.

Reaching $1 million is possible, let alone $500,000. Only time will tell, and the question is whether we'll still be around when Bitcoin reaches that price.

It's best not to take predictions too seriously. It's better to focus on accumulating Bitcoin while we still can, and enjoy the rewards when we reach our target or generate substantial profits. And as long as Bitcoin exists, I'm confident its price will continue to rise indefinitely.

Short step forward and every time there's a slight correction it will considered as a huge topic to discuss with. If he's not shaken, so am I.
Why would he be shaken if he has bought Bitcoin at the cheapest price that you can imagine?
He's one of the bagholders out there and now enjoying if he ever wants to withdraw anytime. $500k? people are even talking about $1M.

Thats a bit dramatic - if you have been around the Bitcoin market for any length
of time you will know the price doesnt just keep going up infinitely.



on the $500k prediction? no, no ody can tell what the future holds. Go back 5 years
and spot ETF's for example were unimaginable or a US president voicing there will
be a Bitcoin/crypto reserve would have been laughed at so anything is liable to happen in
the next 5 years which may or may not determine that prediction

For the time frame? We really don't know, maybe in the next couple of halvings, we might finally see the price. But if there will be something that we can cling on this theory, then we can go back like in 2012/2016 halving, specially in the bull that we have in 2017, no one really saw what is coming. I still remember that I'm new that time but something struck in me because there are many pundits who says that in that bull run, we might see $5k. And that time it was huge already. But we all know that it not only did hit that number but it goes almost x4 as we reached $19k++ in December 2017. With that, then who knows, Bitcoin supply is dwindling and we might be close to the 99% of it being mined and the rest, 1% till 2140. So yeah, everything is possible, we just don't know when it's going to happen as we don't have any crystal ball to see what the future brings.

Bitcoin have proven to be limitless which means it can go as high as anything and it is only time that will be required. I believe that Bitcoin hitting six figures makes has opened the doors for half a million already and it will take less time for Bitcoin to reach $500k than it took to reach $100k. Therefore,  in a decade from now, Bitcoin will even surpass this $500k target.

Everything has a limit and bitcoin hasn't reached that limit yet, it's not infinite.


On the contrary, I think the $500k target will be much more difficult and challenging than bitcoin conquering the $100k target.

Although things are getting much more favorable as bitcoin is legalized, popularized, and many businesses and organizations are investing in it. Unlike before, the majority of the market is just retail investors like us. But it's worth noting that for bitcoin to reach $100k, it would take just 2 trillion, while for bitcoin to reach $500k, it would take 10 trillion. This gap is too big. So, unlike many others, I don't believe that bitcoin will easily reach $500k in the next decade, let alone reach that level by the end of this decade, in 2030.

The end of this decade will be 2030 and Bitcoin will experience just one bull run. The price of Bitcoin is determined by the force of demand and supply, thus hitting $500k is possible depending on adoption. If more nation states and corporate organisations keep investing in Bitcoin, the price might get to that level by the end of the decade.

The pullback Bitcoin is going through now is insignificant; it's just an opportunity to buy at a cheaper rate.  Nevertheless, everyone can predict but we have to wait and see how this will turn out in five years.

People are free to speculate on the price of Bitcoin as long as it is reasonable enough to explain the chart and how the fundamentals will work.

The $500k price target is a pretty high target, and even now it hasn't reached half of it ($250k),
it even looks like it's still hard to reach that price if the target is before the end of the decade.

It takes time to reach that price, and there are still many who want the price of Bitcoin to go down to be able to buy cheaper.
As of now, Bitcoin dropped quite drastically until it touched the price of $117k again and the lowest at $116k after the ATH occurred.

Everyone makes their predictions and will be happy if their predictions become accurate. I also think reaching $500k in the timeframe is too short. We will see how the progress of the Bitcoin movement in the current period ends. The movement definitely tends to be slower, but if it becomes stronger, higher price targets are not a problem. But we also have to be patient with the timing. Price growth does not happen in a short time, and there is no need to be too hasty to predict higher price targets. Especially with time estimates.

Many analyst both well-known and unidentified predict Bitcoin will reach $500k or more in the next four years. While these numbers are certainly interesting and could encourage new adopters to start investing, these are just predictions, and we don't know if the results will be the same. I personally hope that happens but it's better to focus on the goal of increasing our Bitcoin holdings. I'm confident that whether it's in the next four or ten years Bitcoin will reach that point and provide attractive returns.

For daily correction basically does not limit the predictions made by him because he might take the overall indicator in the prediction process made. But to be honest, I am a little pessimistic about that price in the near future because it might need a big boost before. The most rational I saw the number $ 250,000- $ 300,000 and that was only my predictions personally because of some basic considerations before the price pushed the range.

The price surge at the highest point so far makes investor confidence even higher and maybe if you see an increasingly widespread adoption there is no harm in making the prediction of Bitcoin prices reaching $ 500,000 and this is only a matter of time before Bitcoin reaches that price.

Historically the ratio of price movements in that period will be a little faster because to reach the price of $ 500,000 it is necessary to have a large consolidation that can encourage bitcoin to reach the price but no one can confirm accurately to the price achievement process as predicted by Jeremie Davinci.

Here's the deal. Based on Bitcoin statistics published by sites on the internet, the total Bitcoin suppaly has reached 19,894,093 of the maximum supply of 21,000,000.

From the circulation of Bitcoin supply, there are still around 1,105,907 Bitcoin left
If the maximum amount of Bitcoin has run out, it means that we are already in the rare Bitcoin phase. When rare, what is the price /1BTC? 1,105,907 it takes a lot of time.
As long as that hasn't happened (scarcity), then all possibilities regarding prices can still occur according to supply and demand.

For Davinci, maybe his way of thinking is better than us and anyone can speculate on the price of Bitcoin, but don't expect certainty whether it is true or not.

Before the end of decade is a long enough time, bitcoin grows fast, sometime explosively.
Just see this chart to know that 5 years which we have left until end of this decade is actually what it's all needed for bitcoin to reach that point

https://imgvb.com/images/2025/07/19/c1d86ea97ed13f9d6720d7187ae3952e.png

another factor is the rapid increasing money supply that helps bitcoin get that price faster.

And there are a lot of people who loves to see this kind of predictions. I mean it might encourage some investors to pour their money and get excited, or this individuals are really doing a hype on Bitcoin itself.

But at the end of the day, as what we have said, this is just prediction and now one can predict the future. But we can do is just look at the historical logs and see where the price might goes. It might be in the next halving. So as you have said, maybe in the next ten years, when the market is really being appreciated by a lot of investors that we might see bitcoin hitting a staggering $500k.

There is no doubt that the price of bitcoin will continue to rise and explode in the next 5 years is certain and inevitable, no one denies that. But what we're discussing is whether it can reach $500k before the end of the decade, and to me, that's too big and unrealistic a goal. Where are we going to get trillions of dollars, and specifically $8 trillion, to take bitcoin to $500k? That's not a small amount of money and will be easy to come by even if adoption reaches global levels in the next 5 years.

In my opinion, bitcoin can reach $500k, but it will probably take 10-20 years or more, not the next 5 years.

We're in a bull run and higher speculations are normally coming out at these times. But I admire those people like him that have always been bullish to Bitcoin ever since. So, $500k in a decade or for two cycles is possible IMHO. We want to see how high Bitcoin can reach for the last decade but let's just give an example of how much Bitcoin was a decade ago, so 2015 started the year with $200-$300 price and now look how much it is just in a decade. So that multiplier that Bitcoin has got is certainly a lot and we might see $500k possible although the multiplier should only get around 4.5x - 5x, might be not that much but with the expensive pricing, it will take time.

Considering 2015 for speculating about 2035 makes sense but the price level seems misleading to me; otherwise I guess you need to consider the ATH by 2015. Because, bitcoin is known for dumping up to ~80% in a bearish year which means we may get into a complete different price range if we consider the prices at random dates.

By considering the 2021's ATH was just 3x from the previous ATH, I guess smaller multiplier will be more realistic. At the same time, bitcoin's fundamentals are suggesting about logarithmic appreciations of price level against constantly shrinking supply given that new adaption rate variable. So, I guess 500k is not a big thing for a decade of time.

I know right, I've been seeing people here talking about pullback, and I'm asking myself if they're serious. How is a 2.5% fall a pullback? It's a minor correction at most, after surpassing the previous ATH. I don't understand why some people get discouraged after dropping from $123,000 to $117,000 - $119,000. Bitcoun is currently at its highest levels, yet, some are discussing about bear market, others about a major crash etc.

I don't know who this so-called analyst is, I don't really observe what others are saying, but I believe that it's almost impossible to end up with an accurate speculation for something that is so far away.

Does he means decade from now or what, bitcoin after the next halving may get to $300,000 or even more base on the way it run and got pumped by its investors, we use each successful halving event in determining for it circle, whereby we may be able to say whether after the halving the market will rise or fall as the case may be, while on a general expectation, we see the up rising of the price to all time high as usual right from inception.

If I speculate it does not mean the price of Bitcoin at this time the price at the level of $ 118k in the near future can penetrate to the $ 500k level, I think the speculation is not fundamental, I mean not Strong, there is no source that can believe in the price of Bitcoin at the end of the decade can occupy the price.

Not that the price does not rise to the level of $ 500k my speculation takes time maybe 5-10 years to reach that price, and even then look again with the current conditions of the world, especially the investor economy or bitcoin users themselves.

It takes a clear source that can be received at the end of the decade of Bitcoin prices can reach the price of $ 500k I think so.

Can't say "unrealistic", I agree that it is not probable, it is not easy, but "impossible" would be too stretch, it can definitely happen. What we are seeing is already 120k levels give or take, and that means we need go up about 4 times higher, and reaching 4 times higher isn't that impossible. We have about 4-5 years left, and that means at least one more cycle. So whatever peak we reach before this year ends, and then we will crash, and then next bull run, we need to go up some more.

For example, we reached nearly twice as big as last time. So realistic mind would say about 200k to 250k would be smart for the next one, I am one of them, but I would also not say 500k would be unrealistic, it is still on the cards. I hope we are wrong and they are right.

That figure is not one that we should predict to come in this bull run. Even the $200K most are predicting for the price of bitcoin have some set of people still doubting it reaching that price because the market is far from attaining the price even though it showed some significant progress recently which raise the brows of many that bitcoin will continue to grow and will get to $200K.

This is not a price I even think bitcoin might attain in the next bull cycle after this one, so it’s something we should start to deliberate more about at the next bull run. Everyone can predict a price and all price that is being predicted for Bitcoin to reach will definitely be attained by it, we just can’t say the exact time it will reach that figure but with this progress, it’ll continue to grow in price and value.

Whoever they are, you and they can always predict the price of Bitcoin. Its price will continue to rise over time, and we've all witnessed how powerful bitcoin is at dispelling the doubts of skeptics. Demand for bitcoin will increase year after year, and its scarcity allows the price to continue rising. However, because the market has two distinct cycles, high volatility is always possible along the way.

If during this year bitcoin can hit $200k as ATH, then there is confidence about hitting $500k as ATH again in the next bull season after halving. History will certainly never be the same or perhaps not repeat itself, but bitcoin is something that is so difficult to predict that anything can be expected so far.

I only mentioned about the price during the start of 2015 and yes, we should also consider ATH done by 2015. Its volatility really is something else and could reach the ceiling unstoppably but when it dumps a lot, it will be as low as it can be.

We will have two more cycles within a decade so, if we say that 3x down to 1.5x or within the range of that for those two cycles in a decade, it's very likely that we'll see a $500k per Bitcoin.

They're things to be considered as assumptions, from my understanding I may say that op is exaggerating, because we all know how Bitcoin price flows neither up or down, and people who has been investing on bitcoin for years has already know that bitcoin investment is all about understanding and all about your believes, so within thise dispensation I know that bitcoin price will not hit up to one hundred and fifty thousand [150k] talk more of five hundred thousand [500k] in this year

I know that bitcoin price is something that has to do with demands and supply but at this moment we have not seen a positive change that will trigger the price of Bitcoin to skyrocket to the expectation of op in caution, so bitcoin price increase base on the news of the year and investors that invest on bitcoin.

5 years ago, I thought that a 500K USD Bitcoin price is impossible. I thought that even a 100K BTC price was impossible.
Now I think that a 500K BTC price by the end of the decade is totally possible. It's not because Bitcoin is so amazing and unique. The BTC price might hit 500K because the process of global de-dollarization would accelerate, which would devaluate the US dollar even further.
Devalued US dollar means higher BTC price. However, the chances of a 500K price by 2030 aren't very big. Maybe a global recession might occur(caused by Trump's tariffs) or maybe World War III will start by the end of this decade.
Another problem is that such price pump to 500K should be supported by the US government and I don't believe that the Republicans will have a president in 2028. The Democrats will return to power and they aren't very friendly towards mass crypto adoption.

This decade will end in 2030, which means if the market cycle repeats itself, we will have another bull run before the decade is over.

To make things a little more realistic, we should wait for this bull season to end and see what the highest price bitcoin can reach is. Then it will be easier to predict the next cycle peak instead of just making vague predictions like now. If bitcoin can hit $250k or more in this cycle , $500k would be a realistic target for the next cycle but if we end this bull season below $150k. We should stop being delusional that bitcoin can reach $0.5 million in the next 4  years.

But it seems a little more difficult to reach the price conveyed by the OP because if Bitcoin is able to surpass the price there will be a big push as a definite step before reaching the price.

More realistic waiting for new price changes so that we can see the direction of Bitcoin price movements at the peak of the next cycle. $250 thousand is also still too far when viewed at the current price movement but no one can guarantee. Because bitcoin can exceed anyone's expectations in the movement of new prices as happened in the previous several periods. So it is better to wait for the peak of the cycle to determine the steps to the price of Bitcoin because now the most realistic towards the price of $150 thousand to $200 thousand first.

Is this really about Bitcoin or an Airdrop? :D

It's like clickbait, and I believe this is not a cool way to gain some audience from the members here in the forum. I guess I will just answer the first question or the title question.

10 years. That's a long time before that happens. Bitcoin $500k in 10 years seems to be a lot to predict. I believe it could happen, but I don't think it will be in 10 years. The growth in the crypto industry is actually going slower, as many digital cash applications are coming out. Sure, it became a good investment, but that's not really the purpose of it. I think it can grow more when used as a currency, and I bet it will be a better world with Bitcoin in the future as a main currency.

We're currently in a bull market but according to the 4 year cycles, 2025 is the last year of the bull market. Thus, by 2030, after undergoing another bearish cycle, we'll enter the bull market once again. Thus, it's quite possible we'll see a new ATH by then, however, $500,000 is more than 4 times the current Bitcoin's price, something which I'm not too convinced that it's possible so soon. A target of $250,000 to $300,000 seems more realistic if you ask me.

There one concern about the enticing predictions for Bitcoin, while they can attract many new users they can also backfire. Without an understanding of Bitcoin, they can lead them to make the wrong move. This means they buy in hopes of big profits without preparing for the risk of failure if the predictions are wrong and let's not forget the bear market that always scares new users. I personally don't oppose these predictions, as analysts base them on data, however as we know no prediction is accurate. It's better to teach them how to consistently invest without being lured by the promise of fantastic price increases in the future. Bitcoin will certainly reach that point sooner or later. We just have to wait patiently.

What data? As I see it, people who make predictions for the next 5 or 10 years and predictions like $500,000, $1 million or more. They hardly provide any analysis or data to make their predictions credible. They seem to just make predictions randomly and with the intention of attracting the attention of the crowd instead of making predictions they believe will happen.

Or they have other purpose like you said, they want more newbies to enter the market, more Fomo in the market to push the price of bitcoin as high as possible and they can close the profit with better profit.

Everyone has the right to make any prediction because it is everyone's right but honestly, I don't like these kind of predictions because it will harm the newbies.

If the speculation only involved a Bitcoin price target that would reach $500k in the future, many would be optimistic that it would happen. But with the added focus on when the target is reached, many would probably say the speculation is just a ploy to attract attention from newcomers.
Just like in the past, when people talked and speculated Bitcoin reaching $100k, many were optimistic and believed, but as for the timing, we never saw anything specifically accurate.

People are too optimistic and forget that the more mature and bigger bitcoin gets, the slower its growth. It will not be able to increase exponentially x3, x5 like previous cycles.

Like the current cycle, although the bull season is not over yet, but if we compare it to the 2021 peak of $69k. Bitcoin hasn't even doubled yet, let alone bigger goals like x3 or x5.

If this bull run ends and Bitcoin hits all-time high of $150k, I doubt Bitcoin can hit $300k in the next cycle, let alone $500k.

they are based on the 1/2ings

2024/2025 at 120k and   3.12500000  coins a miner gets 375,000 per block which works for mining if you have a good price.
2027/2028 at 240k and   1.56250000 coins a miner gets 375,000
2031/2032 at 480k and   0.78125000 coins a miner gets 375,000
2035/2036 at 960k and   0.39062500 coins a miner gets 375,000
2039/2040 at 1920k and 0.19531250 coins a miner gets 375,000
2043/2044 at 3820k and 0.09765625 coins a miner gets 375,000

so close to a million by 2035/2036 is a viable number it terms of the math working to support the system

we now have introduced smaller fees Ie ant pool will take 0.6 sats per byte or around 0.6x112=67.2 sats for the smallest fee.

this allow blockchain payments to work and not be too costly. and if fee can be 0.6 sats a byte it could be 0.3 sats a byte  so

112 sats
  67 sats
  33 sats         could all work down the road and if btc is 1 million a sat is a dime  so lowest fee of 33 sats would be $3.30

actually it could work with lower sat fractions until the coins get to about 10,000,000 which would be around 2048 to 2052

I agree, I'm seeing extravagant predictions that I'm having a hard time believing they'll ever be fulfilled. $200,000 which is a quite popular speculation is almost double the current price, this price change won't happen anytime soon, but it is possible throughout the next 5 years; it's still however a great price difference. Imagine that for $500,000 or up to $1M that some people sre saying. The current market cap is at $2.3T, a simple X2 in value is almost at $5T market cap.

Anywhere between $200,000 and $270,000 might be a more realistic target for the next bull market period, in approximately 4 years.

OP is talking about whether bitcoin will hit $500k this decade, not this year, and the decade will end in 2030. That means we have over 4 years to go but the $500,000 goal is actually a bit of an exaggeration since we haven't even hit $150k with only 4 months left in the year. How can we expect bitcoin price to increase 3.5 times in the next 4 years and bring bitcoin market capitalization to $10 trillion?

Like some others, I think this is really an unrealistic goal. But I think $150k is a realistic goal and we can reach it before the year ends.

Sounds pretty low, historically.

That will be a mystery and no one know for sure. They can only predict and guess when that will happen but still, we don't know. Instead just wait for that happen, we should accumulate more amount of Bitcoin so we can be ready if that is happen in the near.

I will be happy if that is happen before the end of the decade and will sell my Bitcoin to take profit. Other people will do the same because they already invested from a long time ago.

Many barrier that Bitcoin need to break and that is not easy. But I am sure that will happen and that will be only a matter of time.

We all know that bitcoin is unpredictable, no one can know what will happen in the future because so many things are out of our control. So for me, those who make high predictions and insert specific time but cannot provide data to ensure reliability. This is clearly a ploy to attract more crowd attention, not a pure prediction.

Indeed, I wouldn't argue or doubt this prediction if it weren't tied to a specific time because bitcoin will hit $500k in the future, but only time will tell when that will happen.

Those who make such predictions seem to be simply sensationalizing the current buzz surrounding Bitcoin's new all-time high. The problem is, they have a large following, and of course, some of those who follow them can also enter at high prices. It's not a problem if they understand Bitcoin and investment planning, but if market conditions decline soon, some may feel trapped. However, the influence of those with large followings and making predictions is bound to generate controversy.

The trouble with these type of estimates and talks, that it doesn't bring anything to discussion, not by itself at least. I mean lets assume that it does hit 500k, what do you gain from knowing it now? Because, you will invest if you think it will be 500k?

I mean you already should, because if not 500k, then it might be 400k, or it could be 300k, it will go up, we all know that, we do not know how much, but we all know it will go up. So it doesn't matter if it hits 500k, just focus on buying up and you will do a lot better with time, focusing on that is a lot better. I am sure that we are going to realize people will make more profit this way, it should be important to focus on going up, not "how much" part of it, that's irrelevant.

That was never me, and I am proud of that. I have always believed that bitcoin could be 500k, I never said a certain time, ın ever said it would be 500k in this date or not, but I keep saying that it will be 500k, it will be 1 million dollars to. Go back on my posts and you will see that I always said bitcoin will do great, and it will reach 1+ million.

Why do I believe that? Well I believe gold marketcap is high, and bitcoin should be even higher, and for that to happen, bitcoin price needs to go higher. Gold is the walkman, to Bitcoins spotify, we have seen technology improve in every aspect of our life, why not gold? Bitcoin is a digital gold and we have known this since the start, so it should be better priced and be higher.

In the past when bitcoin was priced below $1k, it was quite possible that most investors were skeptical about the $20k, $40k, or even $120k price range. But after a few years, they had to admit that their doubts about Bitcoin's long-term potential only hurt them. They had the budget to invest significantly, but they simply missed the opportunity to buy Bitcoin at such a low price.

Higher prices in the future are just a matter of time. I agree with your statement, but it's something realistic. I don't believe $1 million is realistic if $500k hasn't been reached yet, but if $500k to $700k is reached in the next few years, then $1 million is a possibility.

Any asset that is more mature and has a larger market capitalization will grow slower, Bitcoin is no exception.

People are overly optimistic that they forget that bitcoin has a market capitalization of over $2 trillion, it is no longer an asset with a capitalization of just a few tens of millions of dollars, or a few billion dollars...and can increase 100 or 10 times in a short time.

Like this cycle, if we compare from the 2022 bear season low of $15k, bitcoin has increased by about 8 times but if we compare the 2021 ATH of $69k with the current level. Bitcoin hasn't even reached x2 in the last 4 years.

Does no one see it or are we deliberately ignoring it?

On the contrary, we could reach $500K this year or next. I admit that my opinion is a bit bullish, but I believe that at some point there will be a supply shock that will send the price skyrocketing, and we will see changes of tens of thousands of dollars upward, as we now see hundreds or thousands.

If we are talking about what is "possible" in technical terms, yes that is possible and could happen. But if we are talking what is probable then this won't happen. Supply shock is not that possible when there are huge walls from here to there, the amount of sale that will happen make sure that the supply shock isn't a good enough reason.

It doesn't mean we are not going to go up, of course we can go up more, but that doesn't mean 500k, that's way too much. For that to happen, we need x10+ more buyers than what we have right now, and there isn't a single reason why we would have that, why would people suddenly start to buy ten times more? Even in a supply shock, that's not really the case at the moment and shouldn't be one.

Even though I am a bitcoin investor but I prefer to be realistic, so I think the opposite of you, I don't think bitcoin has much chance of surpassing gold.

Although bitcoin is better than gold in some aspects, it cannot replace the role and status of gold, so it is difficult for it to surpass gold. Can Bitcoin be used as jewelry, applied in industries such as electronic components...? These are the industries that account for the majority of gold supply and help gold prices increase over time. These needs are even trending higher and show no signs of slowing down.
Clearly, in terms of demand, gold is superior in every way because it has more utility. So whether bitcoin will surpass gold in market capitalization will be a debate that will last for decades to come.

Although Jeremie Davinci was an early bitcoin supporter and has made significant contributions to the popularization of bitcoin over the years. But just because he was an early bitcoin supporter doesn't mean his predictions are reliable.

This is not the first time he has made a prediction about bitcoin and as far as I know, his previous predictions have never been accurate.
In 2020, he predicted that bitcoin would hit over $1 million by 2021, but during that bull run, bitcoin only hit $69k. Or earlier this year, in January 2025, he went on to predict Bitcoin would hit $350k, and that still hasn't happened.

https://bitcoinplay.org/resources/crypto-news/bitcoin-price-predictions/
https://x.com/Davincij15/status/1877923655621157304

Should we believe his prediction that bitcoin will hit 1 million by the end of this decade? Obviously, he can't predict the future either and like us, he's just guessing. It may or may not happen.

Raising the price this much only happens with huge news that involve huge influx of new money. Like for example if USA starts that famous bitcoin strategic reserve that Trump claimed he will do, then yeah they will be able to get it to 500k in that time. But that won't be happening by the looks of it, maybe he realized it would not be easy to put money aside as a government when they are already making such a huge cost and loss.

Instead, he decided t ogive 3.3 trillion to his friends in tax cut reform, and that is why we are seeing him tracking back from all the deals he talked about crypto. He got what he wanted out of crypto, which was a memecoin he created under his name and made hundreds of millions of dollars, and now he has no use to it.