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Author Topic: $10,000,000 by 2028  (Read 1507 times)
panjul07
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October 04, 2018, 04:36:22 PM
 #121

10 Million dollars for the bitcoin is very realistic because the highest possible price of bitcoin is only 100k dollars and even that is very low chance to happen only because bitcoin now is very low price and we don't know until when is this.

Am I misunderstanding your statement? 10M dollars is very realistic but you said that the highest possible price is 100k dollars only? Or did you mean to say "unrealistic"?
For me it is even hard to reach its last year highest price again in the next 10 years, of course hard does not mean impossible. Chance is always exist but I do not know what will make its price raising again. As a trader, I will just follow the price movement and take all possible chance to make profit. I wont hope too much..

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October 04, 2018, 10:57:11 PM
 #122

Thats a very big number , a huge value o reach and its very very hard to happen . We cannot predict anything from now cuz anything could happen in 10 year , bitcoin may disappear or drop at a really small number and never grew up again . We’ll gonna see in 2028 whats gonna happen.
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October 04, 2018, 11:39:23 PM
 #123

10 Million dollars for the bitcoin is very realistic because the highest possible price of bitcoin is only 100k dollars and even that is very low chance to happen only because bitcoin now is very low price and we don't know until when is this.

Am I misunderstanding your statement? 10M dollars is very realistic but you said that the highest possible price is 100k dollars only? Or did you mean to say "unrealistic"?
For me it is even hard to reach its last year highest price again in the next 10 years, of course hard does not mean impossible. Chance is always exist but I do not know what will make its price raising again. As a trader, I will just follow the price movement and take all possible chance to make profit. I wont hope too much..

I agree mate, that would be so hard to reach that bitcoin price and that's too much. But anyways, it's a very huge price ever and I guess we're just too positive for that. Maybe if the whole world would adopt bitcoin we'll be able to come up with that value. With the situations of the problems of economy, that would be impossible for all countries to use cryptocurrency so for that $10m I wouldn't be thinking the same way our mate was.
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October 07, 2018, 07:10:33 AM
 #124

This really crack me up because of the market price being predicted but that's really a possibility that bitcoin will reach that price since each year, the users and investors of bitcoin are also increasing.

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October 07, 2018, 07:45:29 AM
 #125

I like your prediction. But I see it impossible, I do not see any reason to Bitcoin may reach that price.
Bitcoin does not have any practical applications in social  and do not bring any value to humans. It only a place for speculation
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October 07, 2018, 03:40:57 PM
 #126

This really crack me up because of the market price being predicted but that's really a possibility that bitcoin will reach that price since each year, the users and investors of bitcoin are also increasing.

Lol. That's 10 years from now and though many things can happen, i think that's reaching for the stars. Even john mcaffee probably won't be that confident that bitcoin will even reach that high. That's just my two cents. It would really be nice if that cones true but i can't see any reasons how.

 
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October 08, 2018, 12:05:24 PM
 #127

While the possibilities of enormous growth to bitcoin's price is open anytime, then that price will be attainable if the adaption of bitcoin is present in almost part of the world because the more people utilizes it, the higher the demand will be.

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October 08, 2018, 04:18:33 PM
 #128

No, 10 million is quite frankly absurd and completely out of the realm of possibility. That would make the market cap of Bitcoin ~200 Trillion, which is just stupid. A million dollar Bitcoin would be market cap of around 20 Trillion (or if you account for the lost bitcoin more like 17 trillion). I think this is about the absolute roof of Bitcoin's price: 1 Million. Though I certainly don't expect that in the next 10 years.

In the next 10 years I think we'll see a stable price in the mid 6 digits. If Bitcoin sticks around as the reserve currency and store of value for the world then maybe in 20 or 30 years we could maybe see something approaching $1 million.

It looks likely Bitcoin will achieve a peak of $100k in probably 2020. Then you wait another bear-bull cycle and maybe in 2024 it hits a peak around $250k-$300k and achieves a stable bottom in the low 6 digits. By 2028 we could see a peak above $400k or maybe even hitting half a million, with a stable bottom price in the low-mid 6 digits ($200k-$300k).

The only way it ever reaches $10 million is due to inflation in the distant future once inflation has decreased the value of USD to the point at which you can't get a new car for less than $150k.
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October 08, 2018, 05:08:01 PM
 #129

Thats a very big number , a huge value o reach and its very very hard to happen . We cannot predict anything from now cuz anything could happen in 10 year , bitcoin may disappear or drop at a really small number and never grew up again . We’ll gonna see in 2028 whats gonna happen.

Well that is totally unrealistic number what the OP has stated and we do not expect that the price can reach anywhere near to it. Yes somewhere in 20k range should be the target for to reach in next year and it would be great if that it can retain that level.

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October 08, 2018, 11:09:16 PM
 #130

These are unrealistic numbers that he will never be worth. don't take seriously the same predictions

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October 09, 2018, 03:08:04 AM
 #131

This price is very much expensive if it would be possible to reach that value. Thinking about that very long span of time until 2028, I guess we're going to experience more challenging before reaching that goals for bitcoin.

Maybe there's a less possible scenario in the future, but my appreciation for this right now still crypto will just make it at $1m per coin is optimal. Don't dream to fast, and for me we're just speculation the impossible value.
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October 09, 2018, 05:11:03 AM
 #132

10 Million dollars for the bitcoin is very realistic because the highest possible price of bitcoin is only 100k dollars and even that is very low chance to happen only because bitcoin now is very low price and we don't know until when is this.

Am I misunderstanding your statement? 10M dollars is very realistic but you said that the highest possible price is 100k dollars only? Or did you mean to say "unrealistic"?
For me it is even hard to reach its last year highest price again in the next 10 years, of course hard does not mean impossible. Chance is always exist but I do not know what will make its price raising again. As a trader, I will just follow the price movement and take all possible chance to make profit. I wont hope too much..
although all things can happen but to achieve such a high price is very difficult to achieve, what is the reason so that prices can reach $10 million per btc? even the gold used by everyone in the world does not reach that high price? Will the price of bitcoin be that high if it is used by everyone? I dont think so
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October 09, 2018, 07:22:13 AM
 #133

That's right, im making the prediction. In 10 years Bitcoin will have a marketcap of several trillions. Most fiat sitting in dumb places like bonds, derivatives, idiotic stocks, easy to counterfeit metals such as silver and gold... will be sitting on the capital B blockchain.

We'll go parabolic in ways never fathomed before. After we gross the first million barrier it will open Pandora's box. Minds will be blown, everything will become possible. Anyone not holding wealth in Bitcoin will have their goods at constant systemic risk.

Go all in and hold.
This is a very high speculations and we would be happy bitcoin get to that level.  We should not fail to be part of this great opportunity that blockchain technology has brought to us.  I think we should invest now and be part of the history.
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October 10, 2018, 11:58:08 AM
 #134

10 Million dollars for the bitcoin is very realistic because the highest possible price of bitcoin is only 100k dollars and even that is very low chance to happen only because bitcoin now is very low price and we don't know until when is this.

Am I misunderstanding your statement? 10M dollars is very realistic but you said that the highest possible price is 100k dollars only? Or did you mean to say "unrealistic"?
For me it is even hard to reach its last year highest price again in the next 10 years, of course hard does not mean impossible. Chance is always exist but I do not know what will make its price raising again. As a trader, I will just follow the price movement and take all possible chance to make profit. I wont hope too much..

I agree mate, that would be so hard to reach that bitcoin price and that's too much. But anyways, it's a very huge price ever and I guess we're just too positive for that. Maybe if the whole world would adopt bitcoin we'll be able to come up with that value. With the situations of the problems of economy, that would be impossible for all countries to use cryptocurrency so for that $10m I wouldn't be thinking the same way our mate was.
In my opinion there will be a limit for bitcoin and it will not accede that limit. In 2028 the use of bitcoin will prevail in the world. Most of the people in the world especially in advanced countries will use bitcoin as their regular currency. 10 years is a big time for bitcoin to hold the market throughout the world. I don’t think that it will cross $50000 ever.
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October 10, 2018, 12:37:54 PM
Merited by ubitcoin (5)
 #135

No, 10 million is quite frankly absurd and completely out of the realm of possibility. That would make the market cap of Bitcoin ~200 Trillion, which is just stupid. A million dollar Bitcoin would be market cap of around 20 Trillion (or if you account for the lost bitcoin more like 17 trillion). I think this is about the absolute roof of Bitcoin's price: 1 Million. Though I certainly don't expect that in the next 10 years.

In the next 10 years I think we'll see a stable price in the mid 6 digits. If Bitcoin sticks around as the reserve currency and store of value for the world then maybe in 20 or 30 years we could maybe see something approaching $1 million.

It looks likely Bitcoin will achieve a peak of $100k in probably 2020. Then you wait another bear-bull cycle and maybe in 2024 it hits a peak around $250k-$300k and achieves a stable bottom in the low 6 digits. By 2028 we could see a peak above $400k or maybe even hitting half a million, with a stable bottom price in the low-mid 6 digits ($200k-$300k).

The only way it ever reaches $10 million is due to inflation in the distant future once inflation has decreased the value of USD to the point at which you can't get a new car for less than $150k.
I totally agree that it sounds absurd, but the fact that it is completely out of the realm of possibility is something I would not agree with. The fact remains that no one can actually tell what the future holds and that is a fact and few years ago, I would not have thought by now the market will be finding a bottom at around $6k while dropping from an All-time high of $19800 or thereabout last year.

The market is always going to be filled with mysteries, the reason why I said it is absurd is because that is quite some few 10 years to see such happen, but judging from the fact that with mainstream adoption kicking in gradually and adoption increasing, I would not doubt the possibility of anything. However, at the end of it all, whichever way the market turns out, I just hold until we get to that peak stage where the market is actually being used for what it is and not just for speculative purposes.
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October 10, 2018, 09:27:46 PM
 #136

That's right, im making the prediction. In 10 years Bitcoin will have a marketcap of several trillions. Most fiat sitting in dumb places like bonds, derivatives, idiotic stocks, easy to counterfeit metals such as silver and gold... will be sitting on the capital B blockchain.

We'll go parabolic in ways never fathomed before. After we gross the first million barrier it will open Pandora's box. Minds will be blown, everything will become possible. Anyone not holding wealth in Bitcoin will have their goods at constant systemic risk.

Go all in and hold.
No one that is holding bitcoin will oppose such a prediction but I'm not really that sure that we are going to see bitcoin being so expensive so soon, and this is because people have a lot of problems adjusting to new circumstances, when there is an economic crisis people are going to do the same that they have done for some time, investing in bonds and in precious metals and they are not going to consider investing in bitcoin until it is too late.

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October 10, 2018, 10:36:02 PM
 #137

This thing can be a phenomenon which is extraordinary. Although the predictions are not as accurate with the reality what will happen, I think the price's as high as $ 10.000.000 will occur in the future price of bitcoin. And the government might say to everyone that we have to accept it, hopefully. 2028 is a long time however along with the development of economics in the community with a slow method maybe the number of people adopting bitcoin will increase. I think this's one of the main reasons.
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October 11, 2018, 12:33:40 PM
 #138

This really crack me up because of the market price being predicted but that's really a possibility that bitcoin will reach that price since each year, the users and investors of bitcoin are also increasing.
No doubt the users and investors are increasing with the passage of time but the given price for 2028 is very high and there is no possibility for this price. Do you have an idea that if the price of bitcoin reaches to $10, 00,000, how many people will be able to buy bitcoin? It is a currency and the price of any currency depends upon the investment capital and people will invest when they have the power of buying.
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October 11, 2018, 07:28:28 PM
 #139

These are unrealistic numbers that he will never be worth. don't take seriously the same predictions
For someone back in 2011 or thereabout, I can remember on this forum someone saying that a certain small amount, I think $10 was too overpriced and unrealistic for bitcoin. It may be unrealistic now, but one thing for sure is that anything can happen. It is a market, no one knows tomorrow, trust me, adoption is even in its very little percentage and with things changing, we can get to see the price skyrocket.

Yeah, it is something no one can actually tell what tomorrow is going to hold, and all we can do is to just wait and see how things would turn out. I really would not be so much focused on the price actually at the moment, but I would rather be focused more on real life usage as that is what would bring about sustainable growth.
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October 11, 2018, 07:55:09 PM
 #140

If one bitcoin is worth $10m in 10 years, are these the same 10m as today ? Does it buy the same stuff ? :/
There is too much dynamics at the same moment. You can't easily have such debates.

Bitcoin price should be seen as a side effect of what bitcoin is.

Otherwise .. Here's a $10m note for you Cheesy
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