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Author Topic: Bitcoin 1 mln $ possible?  (Read 547 times)
mastadonballs
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June 04, 2018, 12:29:36 PM
 #41

This is indeed a myth, I see your opinion is similar to McAffee Smiley)) Currently the exchange rate of the BTC is over $ 7000 at the time of 2018, you think in just two years there can increase to $ 1 million, which is indeed nonsense. The exchange rate of the BTC can only rise to $ 50,000 by 2020, as predicted by me.
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June 04, 2018, 12:30:22 PM
 #42

No, i don't think bitcoin will reach 1million $ at that time. It hardly has reached 20K $ and get back to 7K $. So i think it would be impossible for Bitcoin to reach 1 million. But i think bitcoin can reach 300k $ until 2020. Look at the market
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June 04, 2018, 12:34:54 PM
 #43

We all want this to happen, but I do not quite believe that it will be so soon, maybe in 10 years, we will be happy with bitcoin.
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June 04, 2018, 12:38:58 PM
 #44

Though, we can't close doors for possibilities, I just can see it that very high. 1 million USD is just too much to expect. Perhaps around 50,000 would be a reasonable guess for 2020.
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June 04, 2018, 12:40:32 PM
 #45

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 don`t think 1 million dollar bitcoin is possible until 2020 that time is too short also bitcoin still have many obstacles and as we see the price of bitcoin is very volatile and it barely reach $10,000. Maybe in 20 more years it could reach 1 million dollars.
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June 04, 2018, 12:44:07 PM
 #46

If 1 BTC will cost 1kk$, just imagine how much transaction`s fee will be Smiley
In other words 100 satoshis will be equal 1$. It Sounds fantastically!
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June 04, 2018, 12:47:50 PM
 #47

One miliion dollar per price of bitcoin is not hard to imaging because bitcoin is deflationary and the limited supply of bitcoin can send it's value off the galaxies! When it comes to price of cryptocurrencies, there is no limit to how high it may go!

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June 04, 2018, 12:48:13 PM
 #48

Mostly all people likes bitcoin price reach to 1 million dollar, but it is so hard to happen even for the coming years 2020, and if that really happens, maybe all people who access and joins cryptocurrency business were become powerful when it comes to financial stability.
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June 04, 2018, 12:48:38 PM
 #49

I think it sounds more like a beautiful dream because it's not realistic.
With bitcoin hovering around $7,000, people are not optimistic about the market as a whole.

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June 04, 2018, 12:58:24 PM
 #50

that's too high a figure to imagine. the peak of the bitcoin price increase is in the $ 25k figure, and to rise to $ 1 million is too far. we should also look at the supply of bitcoin which is limited to 21 million, and is now thinning.
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June 04, 2018, 12:59:52 PM
 #51

$1m in 2020? That is quite impossible. The price is still even far from reaching $10k. As a matter of fact, bitcoin is still facing many problems and the media is playing a big role in persuading people not to invest in it. Added to that, many countries banned it. That is why people are scared now. Therefore, they need time to recover. The price will grow for sure, but it is not going to reach $1m in 2020. Perhaps it will reach it in 2050 or even less.
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June 04, 2018, 01:03:22 PM
 #52

I think that such a sum can be achieved only after 10 years, when the cost of mining one coin will cost a lot of money. Now such a price can not be, too cheaply proportional - this is the extraction of coins. Also it is worth remembering that there are those who will not give up speed and pour out all their coins to get the maximum profit.

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June 04, 2018, 01:04:39 PM
 #53

Yes! Bitcoin can reach $1 million USD, but various financial analysts have different opinions about how likely that is to happen. The general consensus seems to be that it will have to be a major player in the world economy to reach the kind of market capitalization required to break $1 million.
The internet doesn’t have a currency and it desperately needs one. The biggest mistake would be to buy more bitcoin than you can afford to lose. The biggest mistake is not to own any bitcoin. Put 1% of your net worth in Bitcoin and forget about it for 10 years
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June 04, 2018, 01:23:44 PM
 #54

I think it's plausible, given the time and conditions are right, anything's possible. Bitcoin is really volatile, so there's no telling if it would reach that high. But the way it is now, it is highly improbable that this would happen anytime soon. Maybe in about another decade or so, but would crypto still be there?
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June 04, 2018, 01:24:31 PM
 #55

We shouldn't expect too much about BTC price to reach a million dollar by 2020. It would only disappoint us if we set our expectations. Due to is volatile nature, it wouldn't be able to skyrocket straight to the moon. There will always be peaks and troughs in the market and that is what we should be speculating. Whatever happens with BTC, we should always be ready and have our own strategy to beat the market.
Hudora
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July 05, 2018, 06:12:31 AM
 #56

sure it is! but it seems to me that this may take several years, maybe even a couple of decades. i'm sure. but everything is always in our hands. we have to take some action ourselves.
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July 05, 2018, 06:13:58 AM
 #57

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!

YEAR 2020 is too early to say, it can reach a million dollar each but it will take so much time.
we are not ready for that yet. all we need to look forward is how bitcoin reach the 20,ooo USD again and make another lear at 50K USD.
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July 05, 2018, 06:15:44 AM
 #58

we will understand everything, but I believe that very, very soon. especially if we take into account the current situation in the cryptocurrency market
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July 05, 2018, 06:17:00 AM
 #59

Personally I would be really happy if it will cost 1 million dollars.
To my mind, it will reach 100000$ by the end of this year. If this happens, next
Year it will probably be double priced.

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unusualfacts30
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July 05, 2018, 06:18:03 AM
 #60

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!

lol, it's insane to talk about a mil when its still struggling at $6k. Most people would be happier if it crosses 10k, may be once it has crossed $500k we can talk about reaching $1 mil but now is not the best time as it seems rather over the top prediction.

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