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

[cuteman]

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.

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[BitMaxz]

Bitcoin is unpredictable but i can't imagine that the price could increase too high until 10 years .. 1 million usd for 1 btc is impossible to happen base on what i predict.
But since bitcoin is volatile there is possibility that the price of bitcoin can be increase more these following years.
Year by year so see the changes of the price and i think the price of bitcoin can be increase more because its in demand coin and more people are interested in bitcoin..

[BitcoinPanther]

Impossible in that short time!  That is what i can say.  It needs a huge capitalization. I think it would be at $50k ranges.  I believe $1M bitcoin is insane and even if the price of bitcoin is unpredictable, in just a short period of time, I strongly believe Bitcoin will never reach that price in 10 years time.  Though I would be glad if I am wrong in my point of view though.

[Snarks]

One million per coin seems a bit too much to expect, but the total amount of money in the whole world is huge. If Bitcoin can replace some financial assets or become a completely new financial asset type, who knows what might happen.

[gentlemand]

Impossible in that short time!  That is what i can say.  It needs a huge capitalization. I think it would be at $50k ranges.  I believe $1M bitcoin is insane and even if the price of bitcoin is unpredictable, in just a short period of time, I strongly believe Bitcoin will never reach that price in 10 years time.  Though I would be glad if I am wrong in my point of view though.

All it requires is more buyers than sellers in sustained numbers. If those numbers looked like they were on the cards you can bet sellers would be even more reluctant to let go.

No matter how many people pile in, and there could easily be 50x more by then, they ain't making any more coins per day and there are no more in existence than there are already.

$1 million in current buying power is indeed pretty silly. Being in six figures by that point is attainable if everything holds together and improves.

[cryptocrusher]

Honestly I don't think this will ever happen or that I'll ever think it will happen, no amount of graphs or technical analysis will convince me otherwise. It just seems like far too much to me. Even on the day it happens I'm not sure that I'll believe it.

[eann014]

Yeah it can be possible, but really takes time and depend also on us, for me $20k is enough for the price of bitcoin but ofcourse much better if it can be higher than that. A lot of people now are aiming for profit. But I am not really not thinking on it. As long as I still hold my bitcoin I won't need to think of that, maybe by next 5years, I could check on it if I really gain profit. Hopefully bitcoin price could really rise more in the future.

[slyfox]

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.

It is always nice to look at those graphs but common sense dictates that is never going to happen, the price of bitcoin is not going to grow exponentially since there is not an infinite amount of money in the world, so we must take those kind of graphs and charts with a big dose of skepticism.

[hahahafr]

Bitcoin can not go more higher than $50k, and you dont need to be 100% smart to understand that.
We are on a 250 billion marketcap, bitcoin only has 136 billions at the moment, and it is upto $8250 each bitcoin.

If you want to have a bitcoin who is worth over almost $50,000, then you need to have the marketcap of bitcoin over 816 billion dollars, and this is more than x6 of the actual price/marketcap.
It is almost impossible, but if there is more cooperation from the entire world, the whole people would start to put their funds into bitcoin, and this will make it possible to reach that price.

[batang_bitcoin]

$1 million on 2027? For ten years everything can possibly happen and that's enough time to whatever we are hoping for. I'm not thinking it to be at that price, what's good to me is that I'm only thinking about $50,000 - $100,000 for the next ten years. I'm not going to predict that big amount if there is still no signs of seeing that. But if we are near to that rate then let's make it happen.

[8270thNinja]

10 years is too short for $1 Million, and Government will not allow this. This would be a great phenomenon and every businessman will cry because of regret but for me , in my opinion This is not going to happen. $1 Million is too much though i am not judging Bitcoin that it cannot reach that price, we must still wait, let's touch 10$ first before speculating BTC1 = $1Million.

[edisystem]

Meh it's still a long journey for bitcoin to reach $1 million. I'm not even sure the price of bitcoin can reach $10,000 in the end of the year but we are going to that price. To be honest $1 million for each coin is too much and really expensive for a coin, of course i like it but it's impossible to happen.

[DaMut]

i do not really understand about the math properly so please enlight me about it all.
if you are talking about $100.000 i think we can understand it all because of its supply and the demand,
21 millions supply will be used by billions people,i believe we may be can see that point.
i assume it would be an asset that have a trillion market cap in the future if we're hitting $100.000
but how can you say we'll hit $1.000.000 in the next few days later on or 2027 ?
i just curious about how much is it $1.000.000 in our life ?
what i mean is who want to buy it that much ? and what is their goal buying it and pushing the price to that point ?
we are having 21.000.000 coins and if 1 coin cost around $1.000.000 how much it will be ?

[deniskiely]

It's unpredictable .Everything coud be possible . The price would be between 0$ to 100k$ in the next 10 years depend on the how much investors will invest in Bitcoin.

[pinoyden]

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.

charts dont predict the destiny of bitcoin because it is totally unpedictable and you cant add the value of bitcoin cash and bitcoin gold to bitcoin because both of them are altcoins therefor it wont be counted if you sum up them all including bitcoin though 100,000$ by 2021 is possible to reach but im not sure if it can go until 1million$?

[Herbert2020]

thanks for sharing this, i have seen a couple of these exponential rise charts before but this one seems to be more interesting with a more accurate function. i wish it was updated until 2017 though.

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

you shouldn't add those ever. if you want to add price of other tokens/markets then you have to add the price of all of the altcoins! because they are separate markets no matter what their names are, they may be affected by bitcoin but they will still remain separate.

besides until 10K we have only less than 20% rise and 1 month left. i think it is within tolerance level.

[okala]

I hope this happen and we having $1,000,000 to 1btc and we would achieve this before 2028. Bitcoin has make a high significant progress since the beginning of 2014 till now and if will continue wit this progress tell end of 2027 we would get to this speculation price. Many are speculating that bitcoin will fell when it get to $10,000 but with the way things are going we would not fall.

[Chris314]

1M$ for a bitcoin means that the whole bitcoins will be worth more than 16T$ (16 thousand billions). Is that ever possible to get that much money in a single market?
Anyway everything can happen, but such a value for bitcoin means it'll be mass adopted by many users, not only as a investment, but as a way of payment too.

[tiggytomb]

Let us not clump bitcoin cash and bitcoin gold together with bitcoin, they have no bearing on each oher, bitcoin will hit $10k soon enough on it's own.

[akram143]

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.

I expect the bitcoin price will hit $ 1M in the year of 2030,the chart shows three years earlier but anyways bitcoin will hit $ 1M in ten years.But anything can be possible in crypto currency so we have to keep alive the bitcoins by keep investing on them then the price will increase by more investors.