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Author Topic: Bitcoin 1 mln $ possible?  (Read 686 times)
iamMhew
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July 11, 2018, 07:45:45 AM
 #81

honestly, it would be great if bitcoin reached 10k USD again, because it more realistic to reach that price than OP's topic. 1 million in just 1 year (2020) thats crazy, but if all countries and governments allowed this bitcoin to be legalized on. this topic is possible be. and all early birds become more rich and richer.
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July 11, 2018, 07:46:32 AM
 #82

Yes you are kidding bitcoin $ 1 million. You think what can happen if he reaches this cost. The mind is inexhaustible. All millionaires have no one to send. That's it.

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July 11, 2018, 07:47:08 AM
 #83

I think it's impossible, it's never going to happen. Maybe 50k dollars, but I don't think it's rise any further.
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July 11, 2018, 07:58:25 AM
 #84

I don't think so, because such a price is very unrealistic. If you reach a million dollars, the market value of Bitcoin will surpass all listed companies. It is hard to imagine. I think the value of Bitcoin is about 2020. Around 50,000 dollars, this is already very good.
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July 11, 2018, 08:03:20 AM
 #85

If the BTC reaches $ 1 million until 2020, then all BTC holder will become very rich. I think it will not happen and not possible. And if it happens then BTC transactions will be the most expensive transaction in the history of the currency. Because the transaction fee is 0.005 BTC which is $ 5k. Wow Grin Cheesy. For me, BTC price reaches $ 1 million in 2020 is too optimistic even close to fantasize.  Cheesy
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July 11, 2018, 08:03:44 AM
 #86

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!

AS far as i know , i think 2020 bitcoin can reach 1 million $ its impossible.
May only touch 100 $ as possible , but not on 2020  
maybe on the future  Cheesy
but it must also be supported by a good news about cryptocurrency  arround the world , so bitcoin price will rise .
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July 11, 2018, 08:07:53 AM
 #87

I used to think that $ 10K is impossible for Bitcoin, but as we can see, the price depends on the hype level. If developers can solve some problems with scalability, transaction speed and fees, this is will be a real digital gold.
fortunecrypto
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July 11, 2018, 08:09:13 AM
 #88

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 want to say it's possible but it is a very long shot, considering the many incidents of hacking and many Icos that are ruining the cryptocurrency, the best price we can have before 2020 is $50k even this is considered a long shot but we'll see.

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July 11, 2018, 08:14:44 AM
 #89

I highly doubt Bitcoin price could hit $1 million. $100,000 is possible in 2-3 years IMO, but there's long way to go from the technical perspective as well as the mass adaption.

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July 11, 2018, 08:21:03 AM
 #90

Even more if we will follow such scenario with hyperbitcoinization https://medium.com/coinmonks/hyperbitcoinization-winner-takes-all-69ab59f9695f, but anybody can't predict with a good chances because of complexity and many variable factors



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juragankambing
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July 11, 2018, 08:58:11 AM
 #91

do not expect too high because expectations that are too high if you fail will give a very deep disappointment, there is still much going to happen and nobody knows for sure but I hope cryptocureency can be accepted and used around the world, and can be useful for the people
kolsernik
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July 11, 2018, 09:00:35 AM
 #92

Guys, well, everything has its value and limit. Such a price is simply unreal. You must understand this.
GhostWithin
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July 11, 2018, 09:03:30 AM
 #93

Bitcoin at $1M dollars by 2020 is too much I think. I do not see how it can reach that high in two years (probably in 5 years or more). Maybe a more realistic estimate by 2020 is at $200,000.

No, it's immpossible. Its capitalization should be simply huge in this case.
By the time when the capitalization of all cryptocurrencies will grow 10-20 times, bitcoin will no longer occupy the first place
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July 11, 2018, 09:06:28 AM
 #94

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!

Bitcoin prices will rise dramatically. But 1m$ is the impossible goal. 10000%? No way. Although bitcoin is very potential, but this is unrealistic.

If the BTC reaches $ 1 million until 2020, then all BTC holder will become very rich. I think it will not happen and not possible. And if it happens then BTC transactions will be the most expensive transaction in the history of the currency. Because the transaction fee is 0.005 BTC which is $ 5k. Wow Grin Cheesy. For me, BTC price reaches $ 1 million in 2020 is too optimistic even close to fantasize.  Cheesy

Haha you're right. If the fees are too high, cryptocurrency will no longer be the ideal for people to exchange and trade. And that's not bright future of crypto.

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July 11, 2018, 09:07:09 AM
 #95

If all of humanity will believe in Bitcoin. That necessarily it will cost more. The main thing is that in the future we could realize this. Maybe scenarios like an electric car. In any case, there is a future. So we buy and hold)))
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July 11, 2018, 09:10:13 AM
 #96

I think that this is quite possible, but it will be after the 20th year, but for this it is necessary that the cryptocurrency has earned worldwide, in every village.

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July 11, 2018, 09:10:28 AM
 #97

As The amount of bitcoins to be produced decreases, it is expected that the price will increase naturally. But 1m dollar price expectation is too ambitious. But this is Bitcoin guys. Who knows.. Who can predict ? Roll Eyes
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July 11, 2018, 09:14:23 AM
 #98

You know anything is possible in crypto ,personally I don't believe this price in coming years but in mid-term future ,in 10-20 years it is quite achivable price.People more and more pay their attention to crypto and their money will bring the btc price up.
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July 11, 2018, 09:16:54 AM
 #99

I do not believe this is possible because for now the bears are fully in control of the market and now we are reaching the stage of denial and then capitulation. The bear market strategists will never allow Bitcoin to get even above 20k usd unless a miracle happens and we get such big adoption that things change. I do not see this happening in my lifetime anyway and all these Youtube predictions are just that, predictions of people who want others to buy their coins so they can dump as they are all millionaires anyway and accumulated a lot of Bitcoin in the early days and want to find suckers to sell to.


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July 11, 2018, 09:19:12 AM
 #100

I think this is a very outrageous amount as it is definitely to high for bitcoin to reach in the next 2years, that means, a lot of investors will have to put in large amount and the big whales will have to multiply their investment moreover, there will still be market correction within this period. Bitcoin cannot reach this amount in 2020, it cannot even reach half of it. Maybe in the next 10 or 15years, it can get to this amount but definitely not in the next 2years.
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