Will Bitcoin hit $1 million?

[bengsabeng]

too early if we talk bitcoin prices will reach $ 1 million, it could happen but it takes a long time. maybe it will happen to the next generation.

[kendedese]

with limited supply may be bitcoin will cost $ 1 million, but it will not happen in the near future.

[bintangkejoraku]

$ 1 million bitcoin price? I see this as a joke, but I hope it will happen.
You will see many rich people after that.

[QuestionAuthority]

As completely fucked as world inflation is, I expect a loaf of bread to eventually hit a million. Bitcoin will too, eventually.

[Superzpay]

Well i don't think that Bitcoin market value will ever reach such height and i think with such speculation, Bitcoin is over value by who ever believe in such speculation.

It cannot hit $1m for bitcoin market in just 2 years, many predictions goes and existing it will true once it reach. Time pass by same also with bitcoin price it is really volatile. If demand boom in crypto market I can say bitcoin price will increase but we do not know indeed when.

Two years ago when the price of bitcoin was $400 then in those days I saw some predictions on this section where people said that the price of bitcoin will reach to $2000 and to $3000, at that post many people not agreed and they said that it is not possible in life that the price of bitcoin reach to that value and now we are seeing the price at $7600. So it means that in the coming future we will also see the price of bitcoin at $1 million.

[Bezobraznike]

Well i don't think that Bitcoin market value will ever reach such height and i think with such speculation, Bitcoin is over value by who ever believe in such speculation.

It cannot hit $1m for bitcoin market in just 2 years, many predictions goes and existing it will true once it reach. Time pass by same also with bitcoin price it is really volatile. If demand boom in crypto market I can say bitcoin price will increase but we do not know indeed when.

Two years ago when the price of bitcoin was $400 then in those days I saw some predictions on this section where people said that the price of bitcoin will reach to $2000 and to $3000, at that post many people not agreed and they said that it is not possible in life that the price of bitcoin reach to that value and now we are seeing the price at $7600. So it means that in the coming future we will also see the price of bitcoin at $1 million.

   I have reading the same comments here and on many other places. When some people predicted $10000 many laughed at that, but look at
the people opinion now.
   Two year is a too short period for price to jump so high! It`s probably possible if we some big Bitcoin adoption in more then one big country
and many small ones. If countries do that major and small companies will follow, to not talk about individuals that will recognize what is better
for each of them.
   I think Bitcoin have a chance to hit that $1 Million! There is hope in me and I will hold as long as possible, maybe Bitcoin will make me a millionaire
one day.

[DeadCoin]

Anything can happen and no surprise if this happens. It's possible with crypto that can teach the value said.  Adaptions are happening and too many good news are in line which is the cause of price hike. The upcoming World Cup would support the crypto currencies value grow. So there are possibilities for the $1m.

[MalakEnay]

Both John McAfee (creator of the antivirus program) and James Altucher (entrepreneur, hedge fund manager and author) have made a claim that BTC will hit $1 million by the end of 2020.

That means that the market cap will be about $20 trillion or so.  If BTC is 33% of the entire market, that means the cryptocurrencies market will be a whopping $60 trillion, or 1/3 of all the money in the world.

Too crazy to happen?  What do you guys think?

@charteroakpublic
- a Telegram group with leaks from premium sources like Palm Beach confidential and more.

It seems to me something absolutely unreal given the current market conditions, however the bitcoin has been characterized by defeating again and again all its detractors, making them bite the dust in the most humiliating way.

I have no doubt that bitcoin still has a lot of room to improve and grow, but we must take into account that now also faces a fierce fight with a lot of highly competitive altcoins that seem to be snatching more and more space in the market.

[richshopgh]

I don't think it will be possible for bitcoins to hit 1million usd anytime soon or even in the future. Even now it is struggling with the price of 10,000 USD. There are many alternative currency available which is competing with btc and it makes it not likely to get near even 100,000 usd.

[rajsunil]

Nobody expected the price of bitcoin to reach $19149 in  December last year.at the end of the year Bitcoin surprised the world's population.Similarly I think Bitcoin's price is likely to increase $1million by 2020.