Bitcoin for $1 Million !!! In ten years?

[cuteman]

Ignore a 20% to 30% drop in bitcoin because the longer trend is up

Looking at the history of the previous selloffs for bitcoin, it has crashed over 30% every quarter since its inception. The biggest drops came in January 2015, when it dropped nearly 59%, and in March 2013, when it crashed nearly 70%.

 

[NWJBL]

an absurd idea, OP - now that we're mainstream and there is more light shining on crypto, it becomes less possible for these outlandish predictions to come true. There is more gas left in the alts by now.

[hous26]

Bitcoin will be worth more than 1 million USD in ten years.  Calling it now!

[cuteman]

an absurd idea, OP - now that we're mainstream and there is more light shining on crypto, it becomes less possible for these outlandish predictions to come true. There is more gas left in the alts by now.

Not sure about alts. Some predict most alts will blow.  Let's take Ripple:  crasy token with dozens of billions units supply - with no real use. No banks are using it, as was declared.  And it surpassed many tokens with real value.  Absurd 

[cuteman]

Bitcoin will be worth more than 1 million USD in ten years.  Calling it now!

Why now? What has recently happened ?

[francis2]

Chart from 2014, when Bitcoin was $300, predicted price of $10k for today — Nov 22nd, 2017.  

We're at $8,200.  (If we add Bitcoin Cash and Gold prices, we'll get close to $10k).

Next milestone on chart: $100k in summer 2021.   And next: $1M in 2027.

To me this seems to be unlikely, we are not going to see something like that, there are many things that could happen in that time, governments could ban bitcoin or legalize it, or anything in between, also 1 million per bitcoin no matter how much we want it sound kind of ridiculous.

[developeX]

This prediction is more possible to happen in ten years, and as new buyer of bitcoin i probably hold bitcoin more to have a chance to be a millionaire someday

[cuteman]

Interesting that total crypto capitalisation increased more than 2 times during 1 month - from 300B too 700B.    

And most new money went to altcoins and shitcoins 

[Drixy]

Chart from 2014, when Bitcoin was $300, predicted price of $10k for today — Nov 22nd, 2017.  

We're at $8,200.  (If we add Bitcoin Cash and Gold prices, we'll get close to $10k).

Next milestone on chart: $100k in summer 2021.   And next: $1M in 2027.

You expect Bitcoin to be that high? Maybe $500000 but not a million dollar. Bitcoin is so unsure nobody could even predict a minute of it. The users are the factor on Bitcoins growth and its not possible to last for more than 10 years i think somebody will stop Bitcoin from Working i dont know how to put it but i feel it.

[cybersofts]

Chart from 2014, when Bitcoin was $300, predicted price of $10k for today — Nov 22nd, 2017.  
We're at $8,200.  (If we add Bitcoin Cash and Gold prices, we'll get close to $10k).
Next milestone on chart: $100k in summer 2021.   And next: $1M in 2027.

https://i.imgur.com/pcHaaBv.jpg

Yeah, i kinda agree with this bitcoin growth prediction chart but bitcoin value is going to be on another level once the "Lightning Network" is implemented because of that, i think bitcoin price could reach $1 million in less than 5 years, or let's say five years max.

[cuteman]

Nice charts from the video talking about recent BTC price drop        

You should not be worried about this, just keep HODLing  




and video itself:

https://www.youtube.com/watch?time_continue=2&v=3J0Ng_g0q0Q

[slyfox]

Interesting that total crypto capitalisation increased more than 2 times during 1 month - from 300B too 700B.    

And most new money went to altcoins and shitcoins 

It is obvious what they are trying to do, the are trying to buy bitcoin but since bitcoin is so expensive that is making alts attractive, then when the price of those lats goes higher they sell and get bitcoin, a lot more bitcoin that thy could have gotten otherwise if they bought bitcoin directly.

[Bezobraznike]

Interesting that total crypto capitalisation increased more than 2 times during 1 month - from 300B too 700B.     
And most new money went to altcoins and shitcoins 

It is obvious what they are trying to do, the are trying to buy bitcoin but since bitcoin is so expensive that is making alts attractive, then when the price of those lats goes higher they sell and get bitcoin, a lot more bitcoin that thy could have gotten otherwise if they bought bitcoin directly.

   Cuteman I follow marketcap every day and you are right when you say
that most of the money went to alt-coins. Ripple took most of that money
probably, and now Ripple market cap is over Ethereum, and now it is
second right behind Bitcoin.
   Slyfox to me it is not obvious that people are investing in alt-coins just
cause they can not buy bitcoin. I am the one who is buying both with my
money cause I think future is in crypto-currencies. Bitcoin can not take care
all of our needs itself, there will be no enough Bitcoins for all the people in
the world. Many more alt-coins or shit-coins, give them name as you like,
will worth much more then they do now.

[LuanX3]

Interesting that total crypto capitalisation increased more than 2 times during 1 month - from 300B too 700B.     
And most new money went to altcoins and shitcoins 

It is obvious what they are trying to do, the are trying to buy bitcoin but since bitcoin is so expensive that is making alts attractive, then when the price of those lats goes higher they sell and get bitcoin, a lot more bitcoin that thy could have gotten otherwise if they bought bitcoin directly.

   Cuteman I follow marketcap every day and you are right when you say
that most of the money went to alt-coins. Ripple took most of that money
probably, and now Ripple market cap is over Ethereum, and now it is
second right behind Bitcoin.
   Slyfox to me it is not obvious that people are investing in alt-coins just
cause they can not buy bitcoin. I am the one who is buying both with my
money cause I think future is in crypto-currencies. Bitcoin can not take care
all of our needs itself, there will be no enough Bitcoins for all the people in
the world. Many more alt-coins or shit-coins, give them name as you like,
will worth much more then they do now.

I think about bitcoins like it is gold and all other altcoins as foreign currencies. We just trade bitcoins as a way to move into altcoins and we will in the future use altcoins to transact than use bitcoins as a way to transact since I think altcoins are better suited for use in transactions that bitcoins. The truth is, bitcoins are slow to scale, we need a whole lot of consensus before it gets upgraded to be usable for transaction, which is hard to achieve. Unlike using the current altcoins that are already designed for specific transactions.

[mharz]

What a horrible expectation, I think you think too much exaggerated. Let guess first this year, it's seems that bitcoin are in big challenge since ripple are surprisingly increasing up.

I just think that several days bitcoin was surpass by any crypto in digital world.

[whyrqa]

What a horrible expectation, I think you think too much exaggerated. Let guess first this year, it's seems that bitcoin are in big challenge since ripple are surprisingly increasing up.

I just think that several days bitcoin was surpass by any crypto in digital world.

Apparently Bitcoin today is really going through a very big danger, because everything around the altcoins are growing in price, and even the etherium has its own importance. But I do not know if Bitcoin will return to its past value of $ 20,000. This maximum really made me very happy, But today things are much worse.

[cuteman]

What a horrible expectation, I think you think too much exaggerated. Let guess first this year, it's seems that bitcoin are in big challenge since ripple are surprisingly increasing up.

I just think that several days bitcoin was surpass by any crypto in digital world.

You can see that most altcoins started retreat - this was inevitable, especially after such huge increase.  And bitcoin, as in most such cases happened before, is beginning to win.

[gabmen]

What a horrible expectation, I think you think too much exaggerated. Let guess first this year, it's seems that bitcoin are in big challenge since ripple are surprisingly increasing up.

I just think that several days bitcoin was surpass by any crypto in digital world.

You can see that most altcoins started retreat - this was inevitable, especially after such huge increase.  And bitcoin, as in most such cases happened before, is beginning to win.

If you told someone in january 2017 that btc would hit 20k, you'd be hearing chuckles and they'll likely say its an exaggeration as well. 10years is a long time and i'm also not very optimistic about that happening but one thing with crypto us that things can happen that's beyond anyone's expectation, sometimes is a short span of time

[worle1bm]

Chart from 2014, when Bitcoin was $300, predicted price of $10k for today — Nov 22nd, 2017.  

We're at $8,200.  (If we add Bitcoin Cash and Gold prices, we'll get close to $10k).

Next milestone on chart: $100k in summer 2021.   And next: $1M in 2027.

See we are talking about btc growth after ten years and its difficult to predict or say impoisible because we cant exactly say what could happen even after ten days so only price speculations can be done.At current the prices have reached $15000 and if all the problems are solved and mire buyers and investors gain interest in these year over btc it can definitely reached that milestone as it has potential to grow past growth tells us the same thing.So we can only wait for the time to come.

[cuteman]

Well, Bitcoin has stabilized at almost exactly $14/coin.  I'm tired of waiting for a jump, so I'm taking the loss and getting my cash back  (from someones' 2011 tweet)