BTC to $20 trillion MC

[sunsilk]

Very possible. Even if we're seeing some corrections and we'll get through the bear markets. Bitcoin's direction is not questionable.

It has only one direction and that's going up and that's why if we're going to look at that time when it comes, a $20T market capitalization for Bitcoin is very achievable.

We just don't know when but we are seeing that it is growing over the period of time. Based on top assets by market cap, BTC is now 6th while gold is the first with $21T market cap.

[Frankolala]

We have seen bitcoin price creating new ATH records in every new circle and I don't want to accept the speculation that in five years time bitcoin market cap will reach 21 trillion which will be $1M per bitcoin. Five years from now isn't up to two circles and bitcoin price must hit $500k before $1M. Currently, bitcoin is $103k. Let's see bitcoin at $250k as the ATH in this circle first. Maybe, in 15 years time and above is when bitcoin can reach $1M.

[blomen]

Now here's the million-dollar question, do you guys think that’s possible at this pace?

Right now the total market cap is around $2 trillion. So if we’re talking 10x, that means Bitcoin would be trading at $1 million per coin.

Sounds kinda wild, right?  But do you think there's any chance this could happen in the next 5 years? Or is this just one of those crypto fairy tales we keep telling ourselves to sleep better at night?

it's not a dream that bitcoin mcap will be 20 trillion dollars. we'll just have to wait longer than the usual milestones for that. my estimate for the year is around 2032-2033, so i think we'll have to go through about 2 more bull periods for 1 bitcoin to be around 1 million dollars.

i have various reasons for this in my head, although it's not based on a huge foundation. it will happen as usage becomes widespread and big players want to acquire bitcoin ownership. it's just a guess, let's leave it here.

all i can say is that bitcoin has always surprised people, we have experienced the same thing over and over again all these years. we will experience it again.

[hyudien]

Sounds kinda wild, right?  But do you think there's any chance this could happen in the next 5 years? Or is this just one of those crypto fairy tales we keep telling ourselves to sleep better at night?

10x in the next 5 years sounds ambitious, but hey! we are talking about Bitcoin, for comparison in 2017 the price was $1k and now it is trading at $100k, 100x increase right? so it is very possible for Bitcoin to reach 1 million per coin in the future. As an individual or retail investor just wait and enjoy the Bitcoin journey while continuing to buy.

[Hewlet]

Sounds kinda wild, right?  But do you think there's any chance this could happen in the next 5 years? Or is this just one of those crypto fairy tales we keep telling ourselves to sleep better at night?

Just like every other figure we've seen people speculate on, it's subject to some analysis they've done but wether or not that will eventually happen is what we can't tell how possible that is. In the next five years or so, what can we really tell will happen in the world's economics even when we take out bitcoin out of the equation?

In the next five years, trumps tenure must have elasp and a lot of other nations will have new leaders at the corridor of her power. How those chances will influence the global financial landscape and even bitcoin is what we can't really tell at the moment but we are still all positive that because of the seemingly decentralised nature of bitcoin, it's going to continue soaring even amidst those changes. There might be a rapid bull that will see us to an unimaginable peak and there might be some sort of slow movement which might mean that bitcoin might be somewhat stagnated and might not get to the point we are all looking at but in the end, the projection that bitcoin will continue to get better rather than go down looks more like what will eventually play out at the end.

[Marvell1]

We have discussed this many times this cycle and as usual I see people are very optimistic and confident that bitcoin will hit $1 million in the future. I also hope bitcoin can reach 1 million, but hey, we need to be realistic that 10x increase from now is much harder than years ago, because bitcoin's capitalization is quite large. Also, when that happens will depend on the demand for bitcoin, the impact of factors like economics, geopolitics...Bitcoin won't reach $1 million just because of our expectations. Just because we want it and believe it doesn't mean it will happen.

In my opinion, it is still too early to talk about bitcoin price reaching 1 million dollars.

[thecodebear]

Here's what the article explained.

https://finance.yahoo.com/news/prediction-bitcoin-could-worth-20-090000591.html

During the past decade, Bitcoin has transformed from a digital currency into a unique, standalone asset.

If Bitcoin is truly digital gold, as some think, it could skyrocket in value to $20 trillion from its current $2 trillion.

Over time, Bitcoin should become less volatile, as more investors view it as a stable, long-term investment.

Now here's the million-dollar question, do you guys think that’s possible at this pace?

Right now the total market cap is around $2 trillion. So if we’re talking 10x, that means Bitcoin would be trading at $1 million per coin.

Sounds kinda wild, right?  But do you think there's any chance this could happen in the next 5 years? Or is this just one of those crypto fairy tales we keep telling ourselves to sleep better at night?

lol 5 years?! What is with the crazy desire to have it go up so fast? I mean sure that would be great but obviously it isn't remotely realistic. We aren't in the 2010's anymore. Bitcoin can't move 10x anymore like that.

A good reasonable timeline for reaching $1M Bitcoin is 2040, give or take a couple years.

A $1M price for bitcoin isn't "kinda wild", it's inevitable. Eventually $1M will be very small compared to Bitcoin's price, though by the time it is in the tens of millions much of that is just going to be from inflation of the dollar. But it's gonna take time to grow to $1M territory. We're still many years away from such prices.



Just think about it this way: it took bitcoin 7 years to go from hitting $10k for the first time to hit $100k for the first time (and the one before that, $1k to $10k, took 4 years). Bitcoin growth has been and will obviously continue to slow over time. It's completely absurd to think the next 10x would happen quicker than the last one. So the next 10x from $100k to $1M is going to take a lot more than the 7 years it took for the last 10x. 15 years is a reasonable time frame.

[philipma1957]

We have discussed this many times this cycle and as usual I see people are very optimistic and confident that bitcoin will hit $1 million in the future. I also hope bitcoin can reach 1 million, but hey, we need to be realistic that 10x increase from now is much harder than years ago, because bitcoin's capitalization is quite large. Also, when that happens will depend on the demand for bitcoin, the impact of factors like economics, geopolitics...Bitcoin won't reach $1 million just because of our expectations. Just because we want it and believe it doesn't mean it will happen.

In my opinion, it is still too early to talk about bitcoin price reaching 1 million dollars.

Why?


BTC has jump over ten x in any 10 year time slot.

With current inflation against the dollar in ten years time 2x to 3x is wired in.

So btc would be 200k to 300k in ten years if it matches inflation.

So this means BTC would certainly be 300k in ten years.

That is a given just due to inflation.

The real question is how much better that the inflation rate.

go back and look at gold 10 years ago. it was 1200 it is now 3200.


I believe that 3x is a lock a given but that means 300 to 315k in ten years. at worst for btc.


the question for all to ask is 300k or 999k in 2035 it is not too early.

Here is why if we really reach 999k in 2035.

do not sell dca and hodl is absolutely needed to do right now.

but if we hit 300k in 2025 selling a bit here and there now is not the end.