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Author Topic: Can Bitcoin rwach to $1M in 2020???  (Read 211 times)
Maxson
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June 26, 2018, 08:13:48 PM
 #21

I am not in support of that motion,it can grow to a very reasonable number of dollars like maybe 50k or more but not to that supposed figure,
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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siguria
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June 26, 2018, 08:16:53 PM
 #22

to tell  the truth i believe very much that it is going to reach to 1 m since there is lots of people participating and it is going to get higher and higher and hope so ...
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June 26, 2018, 08:23:57 PM
 #23

I would say no one can predict what can happen.... Trust me, it can reach it since there is every possibility for it to reach as far as 20k dollars from a price so small...

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pancawati77
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June 26, 2018, 08:24:50 PM
 #24

Some people support the existence of bitcoin. The demand for bitcoin is very high compared to stocks and the government is legalized by bitcoin and I think bitcoin can achieve that value, the amount is limited to crypto world maybe it can reach that price all if it passes smoothly. Cool
coinholic
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June 27, 2018, 05:16:29 AM
 #25

I highly doubt this would materialize by 2020. $1M is just too huge of a leap for Bitcoin from its current price. Though $1M is possible, 2020 is just too soon. 10 years from now would be more realistic! But that's just too long of a wait if you'd ask me..better look for other options.

darkangelosme
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June 27, 2018, 05:24:39 AM
 #26

Honestly, I don’t think that Bitcoin can reach $1M by the end of 2020. No doubt, the Bitcoin is such a wonderful invention which has a huge potential of growing in future but 1M is very high amount, which I don’t think can be achieved in such a short span of time. There are many factors which can prevent Bitcoin from reaching onto such heights like FUD, bans, manipulation, etc.
No one knows dude, there are possibility that maybe it will happen that bitcoin will reach that price, but sorry for being negative cause I think you are expecting too much.
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June 27, 2018, 05:27:57 AM
 #27

This is not going to happen. I am pretty much sure that other cryptocurrency will come forward and bitcoin will stand still. Yes, there is a chance to increase but not that much mentioned in your post.
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