Bitcoin Forum
April 28, 2024, 12:33:33 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2] 3 4 5 6 7 8 9 »  All
  Print  
Author Topic: $10,000,000 by 2028  (Read 1506 times)
markj113
Legendary
*
Offline Offline

Activity: 2254
Merit: 1043



View Profile
June 26, 2018, 04:58:49 PM
 #21

I'll make a counter prediction.

By 2028 Bitcoin will be dead, buried and illegal superseded by government/central bank issued crypto.

When governments remove all physical cash from circulation, people will seek for alternatives in which they can continue saving funds out of the 1984 nightmare. That would only speed up research in how to make cryptos anonymous, fast and cheaper to use.

Also the wealthy is not going to magically start paying taxes on closed source government tokens, these guy hate paying taxes even more than the small average guy which actually sees their pockets emptied at the end of the month (the rich would still be living like kings after paying big taxes, unlike us average joes), so they will move to Bitcoin. People holding some now will benefit from that as price goes higher.

Big gov bans can damage the price a lot temporarily but not indefinitely.

Doesnt gold/silver already fill that roll?

When there is no cash how will you get money in and out of crypto when all transactions are traced?
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
ajqjjj
Hero Member
*****
Offline Offline

Activity: 1498
Merit: 507


Not your Keys, not your Bitcoin


View Profile
June 26, 2018, 05:08:24 PM
 #22

This prediction is too long so It is possible in 2028. But many countries are legalised in future so some countries are fix the stable value in future because USDT is always 1 USD but other centralised platform also varied in price. So we do not know how it will move but marketcap is growing 10 times greater in 2028.

-support Bitcoin Community Bitcointalk.org-
Always verify wallet to store your Bitcoin
Donations are open, send PM
loismanny88
Newbie
*
Offline Offline

Activity: 112
Merit: 0


View Profile
June 26, 2018, 05:15:10 PM
 #23

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.

I wholeheartedly agree and hope that everything you said comes to pass.  Grin
As for investing all in, well I don't think that's very smart but I do invest as much as I can.
aeternus
Sr. Member
****
Offline Offline

Activity: 686
Merit: 250


View Profile
June 27, 2018, 03:37:03 AM
 #24

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.
In ten years a market of a few trillions is completely possible in fact I will say that is almost inevitable, however I really think that many people will not believe the Titanic is sinking until it is several miles underwater and will not stop investing in their paper assets until the economy of the world is done for, in the other hand I do not agree with your vision of precious metals, it is impossible to counterfeit gold and silver since they are basic elements of the universe, you can make something look and feel similar but it will not be gold or silver and if you could turn a common metal to gold like the alchemist wanted that will not be counterfeiting since molecularly those metals would be gold and silver.
Wind_FURY
Legendary
*
Offline Offline

Activity: 2898
Merit: 1823



View Profile
June 27, 2018, 06:18:43 AM
 #25

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.

Ok that is too high from my own dream target of $500,000, but what would make that happen? I believe only a very large global crisis like the collapse of the United States Dollar and its loss of status as a world reserve currency will do it. But the US will wage war before that happens.

Maybe $10,000,000 is too delusional.


██████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
██████████████████████
.SHUFFLE.COM..███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
█████████████████████
████████████████████
██████████████████████
████████████████████
██████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
██████████████████████
██████████████████████
██████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
.
...Next Generation Crypto Casino...
intoy_victor
Member
**
Offline Offline

Activity: 266
Merit: 16


View Profile
June 27, 2018, 06:49:07 AM
 #26

If ever your prediction will be happen many people will be an instant millionaire if they don't sell there bitcoin stocks.
But how could bitcoin reach that price if the stock of bitcoin is only 21millionbitcoin.
Pursuer
Legendary
*
Offline Offline

Activity: 1638
Merit: 1163


Where is my ring of blades...


View Profile
June 27, 2018, 06:49:50 AM
 #27

Big gov bans can damage the price a lot temporarily but not indefinitely.

sooner or later it won't even do that temporary disturbance either.
you see government bans on a decentralized currency which is created with censorship resistance in mind is too ridiculous to even talk about. we all know that the drops are because of panic not because someone exits because of ban! and the panic stems from people not understand what bitcoin is. sooner or later this is going to change and when it does, it won't matter what the government does anymore.

Doesnt gold/silver already fill that roll?

you mean "role"? Cheesy
no because you can't go to a shop, chop off a small portion of your gold/silver ingot and pay for a sack of potato. but you can go to a shop and simply pay with a portion of your bitcoin to do the same purchase without wasting anything.

Only Bitcoin
Clark05
Sr. Member
****
Offline Offline

Activity: 1274
Merit: 263



View Profile
June 27, 2018, 07:18:54 AM
 #28

10 millio dollars for the year 2028 is impossible to happen. Because maybe in that year the price of the bitcoin become lower like hundreds dollars only or maybe bitcoin dead. But I hope bitcoin on that year the price of the bitcoin is still very high. Please don't predict  any high amount like this that's not possible to reach even it's free. But it's your choice if you want to predict what ever you want.
eann014
Hero Member
*****
Offline Offline

Activity: 1078
Merit: 501



View Profile
June 27, 2018, 07:36:20 AM
 #29

I think this is too early to discuss, 2028 is 10 years from now, but making your own prediction is not bad, it is also good that you have still your own perspective and goals, but I guess $10,000,000 is too impossible to happen.  Huh
glider101
Jr. Member
*
Offline Offline

Activity: 125
Merit: 7


View Profile
June 27, 2018, 09:34:42 AM
 #30

Wow i could only imagine if my BTC was worth 10 million dollars!   It would be the greatest investment in history.
BillyBobZorton (OP)
Legendary
*
Offline Offline

Activity: 1204
Merit: 1028


View Profile
June 27, 2018, 11:36:38 AM
 #31



I believe $1,000,000 mark is possible for the next 2 halvings, so in around 2024-2025. And then from there it will be exponential growth towards $10,000,000, 2028 to 2030. After that, the halving curve becomes almost a straight line, so the price should be really high and it should start stabilizing at said very high price. Anyone not holding 1 BTC there will cry.
Lucius
Legendary
*
Offline Offline

Activity: 3220
Merit: 5633


Blackjack.fun-Free Raffle-Join&Win $50🎲


View Profile WWW
June 27, 2018, 12:52:26 PM
 #32


I believe $1,000,000 mark is possible for the next 2 halvings, so in around 2024-2025. And then from there it will be exponential growth towards $10,000,000, 2028 to 2030. After that, the halving curve becomes almost a straight line, so the price should be really high and it should start stabilizing at said very high price. Anyone not holding 1 BTC there will cry.

Never say never when it comes to BTC, but in my opinion 10 milllion $ by 2028 is science fiction. Halvings are important factor for BTC, but only incredibly strong demand can push price so high - even with that you do not count on corrections which are inevitably occurring when it comes to cryptocurrency.

Only way to see such price in next 10 years is that most of world countries start to buying BTC like they buying gold or silver today. I can not even imagine something like that happens, even 10% of that price would be just enough for me and for 99% of holders.

.
.BLACKJACK ♠ FUN.
█████████
██████████████
████████████
█████████████████
████████████████▄▄
░█████████████▀░▀▀
██████████████████
░██████████████
████████████████
░██████████████
████████████
███████████████░██
██████████
CRYPTO CASINO &
SPORTS BETTING
▄▄███████▄▄
▄███████████████▄
███████████████████
█████████████████████
███████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
███████████████████████
█████████████████████
███████████████████
▀███████████████▀
█████████
.
Coffee135
Full Member
***
Offline Offline

Activity: 392
Merit: 137


View Profile
June 27, 2018, 01:02:05 PM
 #33


I believe $1,000,000 mark is possible for the next 2 halvings, so in around 2024-2025. And then from there it will be exponential growth towards $10,000,000, 2028 to 2030. After that, the halving curve becomes almost a straight line, so the price should be really high and it should start stabilizing at said very high price. Anyone not holding 1 BTC there will cry.

Never say never when it comes to BTC, but in my opinion 10 milllion $ by 2028 is science fiction. Halvings are important factor for BTC, but only incredibly strong demand can push price so high - even with that you do not count on corrections which are inevitably occurring when it comes to cryptocurrency.

Only way to see such price in next 10 years is that most of world countries start to buying BTC like they buying gold or silver today. I can not even imagine something like that happens, even 10% of that price would be just enough for me and for 99% of holders.
It seems to me that you are very pessimistic about bitcoin. We have repeatedly seen how bitcoin has grown in price by 10 times in one year. Even if we assume that half of 10 years will be spent on price correction bitcoin has all chances to reach the price of 1000000 dollars by 2028 year. Now, that seems like a fantasy, but let's see what happens next year.
oegarod
Sr. Member
****
Offline Offline

Activity: 602
Merit: 252


View Profile
June 27, 2018, 01:20:33 PM
 #34

We're not in a situation to predict the outcome for the ongoing by this year. With this in mind, it is really hard to predict the price of bitcoin to be around the year 2028. The days were bad for the entire cryptocurrency, and the trust of users keep it grow and reach trillions in capital.
eekkaa
Full Member
***
Offline Offline

Activity: 364
Merit: 100



View Profile
June 27, 2018, 01:52:36 PM
 #35

I see your prediction is too excessive bitcoin price in the future year in 2028 so far no one can predict how much the price will be but clearly the bitcoin price is affected from the demand factor and the total supply available, the total supply bitcoin is very thin then the price bitcoin can also be very expensive.
timerland
Hero Member
*****
Offline Offline

Activity: 1526
Merit: 596


View Profile
June 27, 2018, 11:59:54 PM
 #36

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.

I agree with you that we'll see a huge adoption wave coming into bitcoin. Capital will flow into bitcoin as more and more people realize that bitcoin is one of the only safe havens out there that is able to store your wealth in.

Institutional investors are only starting to come into the markets, and this trend should continue for the next decade for sure.

I really doubt that $10 million is possible though, unless we see an extremely hyperinflated fiat currency that leads to a parabolic increase in BTC's nominal prices as well. However, there will definitely be huge gains in the long run with BTC until adoption reaches its max potential. Also taking into consideration the fact that the limit to the supply of BTC is hardcoded, BTC is going to most likely not only store its value but also increase in value in the coming decade.

Despite the bear market right now, I'm still extremely bullish on bitcoin in the long term.

Smiley
Morgann
Full Member
***
Offline Offline

Activity: 420
Merit: 100



View Profile
June 28, 2018, 05:51:03 AM
 #37

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.

If the market price will be always multiplying its price into two every year then it was very possible for the price of cryptocurrency to reach $10m dollar by that year.
Wind_FURY
Legendary
*
Offline Offline

Activity: 2898
Merit: 1823



View Profile
June 28, 2018, 06:45:54 AM
 #38


I believe $1,000,000 mark is possible for the next 2 halvings, so in around 2024-2025. And then from there it will be exponential growth towards $10,000,000, 2028 to 2030. After that, the halving curve becomes almost a straight line, so the price should be really high and it should start stabilizing at said very high price. Anyone not holding 1 BTC there will cry.

Never say never when it comes to BTC, but in my opinion 10 milllion $ by 2028 is science fiction. Halvings are important factor for BTC, but only incredibly strong demand can push price so high - even with that you do not count on corrections which are inevitably occurring when it comes to cryptocurrency.

Only way to see such price in next 10 years is that most of world countries start to buying BTC like they buying gold or silver today. I can not even imagine something like that happens, even 10% of that price would be just enough for me and for 99% of holders.

I am contemplating this again. But if you bought Bitcoin on 2011 and someone told you that it will reach an all time high of $20,000 by 2017, would you believe him? I believe you and I will react the same and say it would be "science fiction". It might be good to hope for $10,000,000 and be happy in $1,000,000. Cool


██████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
██████████████████████
.SHUFFLE.COM..███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
█████████████████████
████████████████████
██████████████████████
████████████████████
██████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
██████████████████████
██████████████████████
██████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
.
...Next Generation Crypto Casino...
Lucius
Legendary
*
Offline Offline

Activity: 3220
Merit: 5633


Blackjack.fun-Free Raffle-Join&Win $50🎲


View Profile WWW
June 28, 2018, 10:18:12 AM
 #39


It seems to me that you are very pessimistic about bitcoin. We have repeatedly seen how bitcoin has grown in price by 10 times in one year. Even if we assume that half of 10 years will be spent on price correction bitcoin has all chances to reach the price of 1000000 dollars by 2028 year. Now, that seems like a fantasy, but let's see what happens next year.

On the contrary, I'm not pessimistic but just realistic person. Here we discuss the possibility that 1 BTC can reach value of 10 million $ in next ten years, so 1600+ times from current value to reach to this objective. I do not say it is impossible, but 10 years it too short period of time.



I am contemplating this again. But if you bought Bitcoin on 2011 and someone told you that it will reach an all time high of $20,000 by 2017, would you believe him? I believe you and I will react the same and say it would be "science fiction". It might be good to hope for $10,000,000 and be happy in $1,000,000. Cool


It is wrong in my opinion to compare 2011 and 2017, this was just a beginning of cryptocurrency and completely different time. From 0 to 20 000$ is an impressive achievement, but also look where we stand now. Few months ago Tim Draper is announced his prediction for year 2022, he belive price can reach 250 000$ then, this is something what is achievable. Time will tell who was right and who's not, but before any million-dollar price speculation we need to focus more on six figures numbers.

.
.BLACKJACK ♠ FUN.
█████████
██████████████
████████████
█████████████████
████████████████▄▄
░█████████████▀░▀▀
██████████████████
░██████████████
████████████████
░██████████████
████████████
███████████████░██
██████████
CRYPTO CASINO &
SPORTS BETTING
▄▄███████▄▄
▄███████████████▄
███████████████████
█████████████████████
███████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
███████████████████████
█████████████████████
███████████████████
▀███████████████▀
█████████
.
Totscha
Hero Member
*****
Offline Offline

Activity: 1276
Merit: 622



View Profile
June 28, 2018, 11:12:30 AM
 #40

Some basic common sense and math are missing in this prediction. $10mil per BTC would bring the marketcap to three times the current money supply in the world.

Even if BTC is the only currency by then, it would require us to have an average 10+% yearly economic growth worldwide. Year on year, for the next 10 years.

Let that sink in...
Pages: « 1 [2] 3 4 5 6 7 8 9 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!