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Author Topic: When Bitcoin Will Reach 1 Million in Value?  (Read 581 times)
rukralexander101
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March 17, 2018, 05:40:50 AM
 #1

I have seen a lot of people on Youtube and on this forum taking that bitcoin will reach 1 million in value
in 2018, but when and why it will reach 1 million. I am seeing that coinmarketcap going down and down, why this is happening from last three month.
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March 17, 2018, 05:45:01 AM
 #2

Last year i had belief that it would top 500k, though now every big business seems to go against it, it's going to take something big to see another movement like we have had... but if and when?
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March 17, 2018, 05:46:44 AM
 #3

Like this one Bitcoin at $1 Million by 2020: McAfee Doubles Down on Bullish Bet
When and why bitcoin will reach $1,000,000? We don't know but why? It's because the investors are coming and many are believing to it.
why this is happening from last three month.
Probably because of this Bitcoin price crash reason REVEALED: US investors 'sell off to avoid capital gains tax'

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March 17, 2018, 06:04:58 AM
 #4

That sounds almost impossible. The current price of bitcoin is not $10,000, so this year it is $1 million?
It sounds more like a dream, so I think it's completely impossible.

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March 17, 2018, 06:12:47 AM
 #5

I have seen a lot of people on Youtube and on this forum taking that bitcoin will reach 1 million in value
in 2018, but when and why it will reach 1 million. I am seeing that coinmarketcap going down and down, why this is happening from last three month.

Quote
I have seen a lot of people on Youtube and on this forum taking that bitcoin will reach 1 million in value

They are just playing with you.  Cheesy

Come on do you really think that is possible and have you ever imagined that how much market cap it will need to reach that kind of value per coin. Its huge and people are completely in stress currently who are not willing to invest money at all. This means only one thing, it would be far difficult for bitcoin to reach higher values.

Quote
in 2018, but when and why it will reach 1 million.

Not a question about this as it is not going to raise to that value.

Quote
I am seeing that coinmarketcap going down and down, why this is happening from last three month.

Few FUD news, few worst news, blend of banning news and big platforms dropping the crypto advertisement and people holding huge amounts of bitcoin dumping it suddenly. Much more to follow. These are things which cause the dumps.


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March 17, 2018, 06:15:46 AM
 #6

this is too optimistic, I do not believe in such figures

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March 17, 2018, 06:20:46 AM
 #7

I have seen a lot of people on Youtube and on this forum taking that bitcoin will reach 1 million in value
in 2018, but when and why it will reach 1 million. I am seeing that coinmarketcap going down and down, why this is happening from last three month.

This will happen if bitcoin will reached the maximum capacity and the supply will become smaller and smaller and the demand will become bigger the possibility that maybe 1 satoshi is equal to 1 dollar is there but it will take more years or even decades. 

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March 17, 2018, 06:35:28 AM
 #8

I have seen a lot of people on Youtube and on this forum taking that bitcoin will reach 1 million in value
in 2018, but when and why it will reach 1 million. I am seeing that coinmarketcap going down and down, why this is happening from last three month.

I dare say 90% of those people who are saying bitcoin will reach $XX are full of shit, whether they are saying it will reach a higher price (like $1 million) or whether they are saying it will reach a lower price (like $100) they are just spamming nonsense for different purposes.
most of them just want attention, like McAfee which just tried to gain popularity so that he could advertise shitcoins he had bought and get them pumped so he can make profit. or some want views in their website, twitter, youtube,... to earn more money.
others are saying these things because their trading strategy requires the price to go in that direction. so when someone is saying it will reach $1 mil, they want to sell after a 10% rise for example. or when they say it will drop to $100 they want to buy after a 10% drop or maybe even short bitcoin.

in the end, bitcoin is still bitcoin a scarce decentralized currency with increasing demand which will rise up in the long term. how much and when is not something we can predict.

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March 17, 2018, 06:45:47 AM
 #9

Although I hope this is true, it is really difficult. But who can predict the future, but at least in the current situation of analysis, bitcoin reached $1000,000 this year is almost impossible. Because there is not so much money to join.
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March 17, 2018, 07:00:34 AM
 #10

bitcoin is limited supply thats why it would hit 1 million. they are comparing it to gold and usd which arent that scarcity . maybe gold but not much usd. its weird that this digital gold can be worth the price of gold. its just internet money. internet money is valuable nowadays i guess. blockchain and quicker than banking i guess. miner cost is getting ridiculous to mine because of energy cost and how hard it is to mine bitcoin when it becomes higher in supply. if you want your bitcoin to rise in price than wait it out like you would for gold to rise in price. all this talk about moon is all kids wanting there money. if bitcoin doesnt hit 1 million in 2020 . i hope it does in 2021 or 2022. still has potential not like its gonna fade. if facebook is alive by 2022 bitcoin will probably still be here.
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March 17, 2018, 07:07:39 AM
 #11



I do not think there is anything special about everything that has happened over the last three months to this day.
in the market turnaround, ups and downs are reasonable issues, and the factors that strengthen the decline are the prohibitions in some countries and social media follow.
but, anyway bitcoin will be able to survive and rise again. you can see right now, bitcoin has been hit by various attacks but it persists and its value does not go to zero

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March 17, 2018, 08:29:35 AM
 #12

Maybe $50K the most at the best scenerio, not $1m but $1000 is very likely this year. Youtubers want only views not $1m btc. $1m in the long term is impossible to me

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March 17, 2018, 10:15:37 AM
 #13

Like this one Bitcoin at $1 Million by 2020: McAfee Doubles Down on Bullish Bet
When and why bitcoin will reach $1,000,000? We don't know but why? It's because the investors are coming and many are believing to it.
I can't wait for 2020, specifically when McAfee broadcasts himself eating his own D*ck.

I have seen a lot of people on Youtube and on this forum taking that bitcoin will reach 1 million in value
in 2018, but when and why it will reach 1 million. I am seeing that coinmarketcap going down and down, why this is happening from last three month.
Those Youtube channels and forum members are merely sock puppets by Pump and Dump Groups or Whales, $1m BTC videos are attempts to pump the Market cap some more before they did the end-year dump.
Or probably, Youtube channels that seeking attention for more views and subscribers.

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March 17, 2018, 10:35:16 AM
 #14

I have seen a lot of people on Youtube and on this forum taking that bitcoin will reach 1 million in value
in 2018, but when and why it will reach 1 million. I am seeing that coinmarketcap going down and down, why this is happening from last three month.

never imagined, if bitcoin reaches that expensive price it will be a new record and will be able to affect the condition of the world's welfare not only that there will be a fuss about bitcoin seizure.

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March 17, 2018, 10:51:39 AM
 #15

Although I hope this is true, it is really difficult. But who can predict the future, but at least in the current situation of analysis, bitcoin reached $1000,000 this year is almost impossible. Because there is not so much money to join.
We are all hoping for this high price of bitcoin. Even you own only 0.001 BTC by that time, you already got instant bucks. But the more the merrier so while it's still early, keep on collecting bitcoins and take the advantage when it is going through a correction. I'm good even bitcoin only reaches $100,000 and becomes stable there but if it reaches $1,000,000 that's that best.

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March 17, 2018, 10:57:29 AM
 #16

It would be far-fetched to see bitcoin's price getting into 1 million, knowing that there are tons of things to consider and hurdles to cross before we get to that insane amount. Even $19000 a coin was deemed overpriced by most seasoned traders in bitcoin, what more when it comes to a million a piece? Even with mass adoption happening on a global scale, together with the currency being widely-used in almost transactions, it still isn't plausible or would likely not hold since traders, admit it or not, are still into fiat.

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March 17, 2018, 01:55:21 PM
 #17

It would be far-fetched to see bitcoin's price getting into 1 million, knowing that there are tons of things to consider and hurdles to cross before we get to that insane amount. Even $19000 a coin was deemed overpriced by most seasoned traders in bitcoin, what more when it comes to a million a piece? Even with mass adoption happening on a global scale, together with the currency being widely-used in almost transactions, it still isn't plausible or would likely not hold since traders, admit it or not, are still into fiat.

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March 17, 2018, 02:04:31 PM
 #18

As is well known, bitcoin price growth is not often discussed this long. More days more and more IT experts say bitcoin is not a bubble, and price achievement at $ 10,000 is not the highest price ceiling. We note that, most successful entrepreneurs in the IT industry, which start their business from scratch, to becoming a big company-are loyal followers of crypto currency.
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March 17, 2018, 02:11:07 PM
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I have seen a lot of people on Youtube and on this forum taking that bitcoin will reach 1 million in value
in 2018, but when and why it will reach 1 million. I am seeing that coinmarketcap going down and down, why this is happening from last three month.
Too early to ask Grin

Many people saying that bitcoin is going to fall,here a thread created for positive vibes. Smiley
Many experts predicted that bitcoin will hit $1M by 2030 when the bitcoin was at its peak but now the bitcoin is struggling to maintain its price so we can't say when it will reach $1M.

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March 17, 2018, 02:18:34 PM
 #20

I have seen a lot of people on Youtube and on this forum taking that bitcoin will reach 1 million in value
in 2018, but when and why it will reach 1 million. I am seeing that coinmarketcap going down and down, why this is happening from last three month.

John McAfee predicts 1 Bitcoin will be worth 1 million dollars by the end of 2010. I don’t think that’s very realistic. I think it will take several years for that to happen. Possibly 20 years, but I think we will see steady growth for Bitcoin and many altcoins, just more slowly. I don’t mind a more steady and gradual increase if we can avoid some of the volatility that we’ve seen.
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