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

[lelahkenabanned]

I really agree with you, I'm sure this can be very expensive, how not to keep the price of bitcoin at a very low cost while the bitcoin supply is so limited that making bitcoin can be very expensive someday.

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[Pamahaw]

I really agree with you, I'm sure this can be very expensive, how not to keep the price of bitcoin at a very low cost while the bitcoin supply is so limited that making bitcoin can be very expensive someday.

If this gonna happen, 1 million dollar for one bitcoin, what would be the price of one loaf bread? It is not realistic for bitcoin's price to go that high. Regulation and corrections will always set in.

[ethereumhunter]

I really agree with you, I'm sure this can be very expensive, how not to keep the price of bitcoin at a very low cost while the bitcoin supply is so limited that making bitcoin can be very expensive someday.

If this gonna happen, 1 million dollar for one bitcoin, what would be the price of one loaf bread? It is not realistic for bitcoin's price to go that high. Regulation and corrections will always set in.

although there are any regulation and correction, the bitcoin price will be increased and will be expensive and after bitcoin price become expensive, there will be many rich people that have bitcoin in their wallet. why is it not realistic? everything can happen in this world include what will happen in the cryptocurrency. as we know, cryptocurrency is a digital technology, in the future, our life will be full of digital technology so I think it will start from this year and in the next year, new digital technology will release and will change our lives.

[Silberman]

When we are talking about such long time frames it is impossible to say precisely what it is going to happen but common sense tells me that unless something terrible happens to all the economies of the world it seems very unlikely we can see such a high price, also if at that point 1 million dollars are so devalued that only buy you a soda then that means bitcoin did not gained any value because I think in the 10 next years there is a high chance that we may suffer from hyperinflation.

[developer101dev]

I really agree with you, I'm sure this can be very expensive, how not to keep the price of bitcoin at a very low cost while the bitcoin supply is so limited that making bitcoin can be very expensive someday.

It was actually possible that bitcoins might reach $1m dollar in ten years because every end of the year, the market prices are soaring so holding your coins will be greater because it was secured that you will earn a huge amount of profit in the future.

[cuteman]

The co-founder and president of TenX believes that a $60,000 Bitcoin remains possible for this year.

Julian Hosp previously predicted that Bitcoin would hit both $5,000 and $60,000 in 2018. He spoke to one of CNBC’s reporters at the RISE conference currently being held in Hong Kong:    “Back then, December, price was at $20,000 all-time high. I predicted for 2018, we’re going to see $5,000 and $60,000. So $5,000, we pretty much hit it, so let’s see if we can do the $60,000. I’m still quite confident.”

However, the TenX president does admit that a “massive positive event” is needed for Bitcoin to reach the lofty price of $60,000 this year. Hosp continued, speculating that a Bitcoin ETF or a huge positive announcement from a nation state would be the kind of news event that could drive the price skywards.
...

https://www.newsbtc.com/2018/07/11/ceo-bitcoin-at-60000-by-the-end-of-2018-is-still-a-possibility/

[cuteman]

Bitcoin Bull Tom Lee Double Downs on $25,000 Bitcoin Price Forecast in 2018

Lee, co-founder of Fundstrat Global Advisors and the best known Wall Street analyst who forecasts bitcoin prices, quickly clarified Thursday evening in a CNBC “Fast Money” interview that he maintains his $25,000 forecast.

Lee initially stated on Squawk Box Thursday morning that bitcoin has traded at 2.5 times its mining cost. The mining cost is $7,000 and rising, he said, meaning by year’s end the mining cost will reach $9,000.


https://www.ccn.com/bitcoin-bull-tom-lee-double-downs-on-25000-bitcoin-price-forecast-in-2018/

[kxp]

No, it will never happen, and if one day bitcoin starts to grow, i think that it will never touch $50,000 or so, so there is no way to think that it will ever touch one million dollars each one of them, it is insane and unreal, it is like scy fy.. stop with that shit

[coinluisa]

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.

Maybe it will happen but we don't know when it will happen because as of now we are facing a down trend or bear market so no one can tell if after years we hit a 1million per bitcoin.

[Btchunter3333]

I think bitcoin can reach 1$ Million after all bitcoins will be produced. We will have to wait and have patience and bitcoin will grow. So waiting is the key and not dump your coins.

[cuteman]

An early investor in Airbnb and Uber explains why he started buying bitcoin in 2009

Jeffrey Wernick is an independent investor whose portfolio includes early holdings in Uber and Airbnb. Wernick was also an early investor in bitcoin. He started buying it in 2009, the year it was created.

Wernick's initial interest in bitcoin was not just speculation that the price would rise. He believes bitcoin's value comes from its ability to solve the biggest problems with fiat money.

Wernick believes the ability to run large deficits and debase the currency changes the relationship between the government and its citizens. He believes it gives the government the ability to do things without the consent of the people.

Wernick says bitcoin solves these problems because it is a "people's currency, it's defined by the people, and it's defined by rules and a protocol that people trust."

[Veronika94]

Forecasts do not always come true, they are made up by people, and we may be wrong.

[cuteman]

An anonymous gambler has bet $6.3 million that the price of bitcoin will exceed the stock price of Berkshire Hathaway by 2023. Tom Waterhouse, an Australian bookmaker, tweeted the wager earlier this week. The gambler has a long way to go. Bitcoin currently trades just above $6,000 per coin, while a share of Berkshire Hathaway goes for $287,100 per share. The bet is at least somewhat a dig at Warren Buffet, the Berkshire Hathaway founder who earlier this year called bitcoin “rat poison.”

[Bearks71]

Making it to the $1M charge in 10years makes it too formidable for me. I realize there's no barriers in every hypothesis. however what happens now could be a bloodbath, as this can want enough time to recover and make a brand new bull run. i'm positive that the fee will step by step circulate up however the $1M for 10years could be too much.

[pooya87]

An anonymous gambler has bet $6.3 million that the price of bitcoin will exceed the stock price of Berkshire Hathaway by 2023. Tom Waterhouse, an Australian bookmaker, tweeted the wager earlier this week. The gambler has a long way to go. Bitcoin currently trades just above $6,000 per coin, while a share of Berkshire Hathaway goes for $287,100 per share. The bet is at least somewhat a dig at Warren Buffet, the Berkshire Hathaway founder who earlier this year called bitcoin “rat poison.”

a bet is a bet only if money is put down in the middle like in some escrow so that the two sides of the bet have no way of getting out of it, otherwise it is just social media nonsense trying to hype things up and must be ignored.
although this bet is a safe bet one can make, we have the halving in 2020 and 2023 is close to the next halving so you can see two major guaranteed big rises in bitcoin and in the middle there will be a lot of other rises. reaching 10x of last ATH in 5 years means 2x rise per year which is the smallest rise bitcoin can have.

[onebtcforlife]

1 Million dollar is too much money but we don't know whether it will reach or not, I think it is impossible to reach 1 million dollars because in the last year 10 year we have seen expectation from 200$ to $20k. 1 Million dollars too much amount and it is impossible to reach that much high amount.

[xvids]

That is a huge price for 1 Bitcoin and I think it would be really hard to reach,
But who knows 10 years is a very long time a lot of things could happen .

[ethereumhunter]

That is a huge price for 1 Bitcoin and I think it would be really hard to reach,
But who knows 10 years is a very long time a lot of things could happen .

when this is really happening, I am sure that all of us will be a rich person and we can have a lot of money in our balance. in that time, we can buy anything we want and I think many people which are not joined in the crypto will regret because they are too late to join. 10 years is not too long and if we can do many things from now to collecting more bitcoin, then when the times comes, we can sell it to earn a big money.

[cuteman]

Billionaire Marc Lasry sees bitcoin reaching up to $40,000 as it becomes more mainstream and easier to trade

The price of bitcoin could reach up to $40,000 as it becomes more accepted and easier to trade, billionaire investor Marc Lasry told CNBC on Wednesday.

"As it gets more into the mainstream, and as more markets end up allowing it to trade where it's freely tradable, to me that's more of the bet," Lasry said in a "Squawk Box" interview, adding that he sees bitcoin investors making five to 10 times their money in three to five years.

[cuteman]

Digital Currency Group's Silbert buys more bitcoin, says it has 'hit the bottom for the year'

Digital Currency Group's Barry Silbert is a big proponent of cryptocurrencies as an asset class.   "I think we’ve probably hit the bottom for the year. I actually put some money into bitcoin last week," he said at the Delivering Alpha Conference in New York on Wednesday. “As an asset class it is here to stay … I’m 100% confident a decentralized, non-fiat form of money is here to stay.”