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Author Topic: Bitcoin 1 mln $ possible?  (Read 686 times)
NikoF (OP)
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June 03, 2018, 08:36:27 PM
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Hey guys, do you think bitcoin can reach 1 million $ until 2020? If so, everyone who hold crypto will become a rich person, that’s nice!

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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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June 03, 2018, 08:43:42 PM
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I don't think so.

$1mln is still too much and bitcoin is still too volatile right now.
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June 03, 2018, 08:44:46 PM
 #3

Hey guys, do you think bitcoin can reach 1 million $ until 2020? If so, everyone who hold crypto will become a rich person, that’s nice!
No, i don't think bitcoin will reach 1million $ at that time, you are talking about 4 years to this time remember that anytime bitcoin grow rapidly there will be a correction.
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June 03, 2018, 08:47:07 PM
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Hey guys, do you think bitcoin can reach 1 million $ until 2020? If so, everyone who hold crypto will become a rich person, that’s nice!

no
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June 03, 2018, 08:48:38 PM
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1 million $ is too much to think that a single unit of currency can have this value. And besides bitcoin is very volatile, it hardly has reached 20K $ and get back to 7K $. So i think it would be impossible for Bitcoin to reach 1 million.
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June 03, 2018, 08:51:42 PM
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Oh, its too naive to think that it will happen, especially in the near future.
Bitcoin didn't gain enough level of trust. Right now nothing can really change. Unfortunately, we will see just small fluctuations of btc, nothing more  Cry

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June 03, 2018, 08:52:02 PM
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Hey guys, do you think bitcoin can reach 1 million $ until 2020? If so, everyone who hold crypto will become a rich person, that’s nice!

I dont think so. It may cross 30,000$ if very lucky until 2020 to my personal believe but one million is too much.
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June 03, 2018, 08:53:29 PM
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Oh, its too naive to think that it will happen, especially in the near future.
Bitcoin didn't gain enough level of trust. Right now nothing can really change. Unfortunately, we will see just small fluctuations of btc, nothing more  Cry

Yeah $1mln is just too unrealistic Grin

People are too consumed too much by hype these days.
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June 03, 2018, 08:55:15 PM
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Hey guys, do you think bitcoin can reach 1 million $ until 2020? If so, everyone who hold crypto will become a rich person, that’s nice!

Anything is possible but I personally don’t think it’s going to happen. The whole cryptocurrency market is still in a recovery that could last well into next year.

I think 1 million could eventually happen in the future, but I would predict that it will take at least 10 years for that to happen. There needs to be more mainstream adoption and more institutional investing to get to that point.
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June 03, 2018, 08:57:41 PM
 #10

One million dollars for bitcoin in 2020? More like the delusional predictions of "bitcoin prophets" manipulating the market in their own interests. I think that  35,000$ per BTC in 2020 is a real deal.

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June 03, 2018, 08:59:38 PM
 #11

Good plan! We all should hodl together till 2020  Smiley $1m is simply not possible, we can't even break $10.000 what are you really talking about  Grin

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June 03, 2018, 10:25:23 PM
 #12

If this happen, I will not be surprised. Because if you look back to the track of btc price, you can guess a lot that what is possible or not.
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June 03, 2018, 10:30:22 PM
 #13

It's really possible.Bitcoin had less value than 1 usd in the past and it has made x7600 times value. its only possible if it brought more and more investors.The cryptocurrency world has like 1% of the total investments on earth, if we made it to like 10-40% of the investments that really exists then 1m is just less than my expectations.
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June 03, 2018, 10:34:27 PM
 #14

Hey guys, do you think bitcoin can reach 1 million $ until 2020? If so, everyone who hold crypto will become a rich person, that’s nice!

everything is possible but i think bitcoin can't reach 1 million in 2020
its too hard and sounds unreasonable for me
but, 100K - 150K is more reasonable for me in 2020  Wink
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June 03, 2018, 10:42:48 PM
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With 1 mil $ value for a piece it would have above 17 trillion $ of value for a current supply which is very high for a period of 1 and a half years.
I think that needs more time for that.

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June 03, 2018, 10:44:59 PM
 #16

The GDP of all countries in the world in 2016 amounted to 119.4 trillion US dollars (CIA World Factbook). The number of bitcoins at the moment is about 17 million. If each bitcoin will costs $ 1 million, then its capitalization will be 17 trillion. (14.2% of world GDP). However, we do not take into account the capitalization of altcoins (today BTC Dominance is only 37,5%). Therefore, most likely, such price of bitcoin by 2020 is impossible.
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June 03, 2018, 10:46:02 PM
 #17

Bitcoin to reach 1 million in just 2 years from now is not possible . Right now it is trading around 7800 USD and to project bitcoin to that level seems too much hope. If 30,000 to 50,000 USD , I can agree with that.
Dacosta Osei-Tutu
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June 03, 2018, 10:46:43 PM
 #18

I believe the price of bitcoin is going to shoot higher by 2020 but reaching $1million is something i find it difficult to agree. But all the same, everything is possible in this crypto world so let's keep our fingers crossed
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June 03, 2018, 10:47:30 PM
 #19

If bitcoin is recognized as the only crypto currency for all purposes +, it is recognized all over the world, then the price can be that, but it's full of fantasy! but I think that the price will be much less, although it would be interesting to watch it, but it's unlikely to happen
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June 03, 2018, 10:49:17 PM
 #20

Hey guys, do you think bitcoin can reach 1 million $ until 2020? If so, everyone who hold crypto will become a rich person, that’s nice!
Yes everyone that holds bitcoin will become rich by that time and almost every altcoin will also be into its all time high.

But I'm doubting it already that it is possible to happen on 2020. There's a long way to go before that can be of possibility but if it will happen on 2025 - 2030 and so on that can be possible. Well we can't predict the market and almost everything is of possibility whether highs or lows.



 

 

 

 

 

 


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