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Author Topic: $10million in 2023 possible?  (Read 803 times)
Vengeance007
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August 22, 2018, 06:31:27 PM
 #81

If we think about the market of 2023 then it will be okay because we can see the market based on BTC their price is decreasing so if the price increase then it may hit 10 Million Dollar.
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August 22, 2018, 07:03:51 PM
 #82

Based on this statement this may hit more because of market circulation also nowadays this market is increasing and BTC will hit its maximum level I think also it can be 15 million dollar or more I think.
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August 22, 2018, 07:22:11 PM
 #83

It’s not possible for bitcoin to reach $10 million in 2023. We all know its supply is limited if bitcoins demand will increase more and more they its price will reach maximum $80000 in 2023.
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August 22, 2018, 08:33:08 PM
 #84

I don't know at the time of $10 million what is the fee of a transaction? It is probably $10,000 for once. Although the analysis seems reasonable, it is difficult.
Really difficult to say, maybe $10 million is too much for bitcoin. The demand right noe is increasing, if this trend continues maybe we will see now a great run of bitcoin. Yes the supply of bitcoin is limited so there’s a chance for this one only if everyone wants to own bitcoin.
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August 22, 2018, 09:10:20 PM
 #85

well do the math by yourself. What is the total supply of bitcoin? lets just calculate circulating supply and multiply by $10 million. Hope you will have your answer. And anyhow if you can manage 10 BTC , you will have 100 million dollars !!! It is just simple prediction only, not financial advice. But BTC will be more expensive and whole crypto will be well regulated. Fake ICO and scammers will be kick out and real investors will enter into crypto market, it is my future thinking regarding crypto

No, do the actual math. If at the first halving the price was 12.... And at the second halving 657... The increase was 54x... So using a linear model the price at the third halving would be 35,000


But isn't it more reasonable to expect this to be exponential? In this case exponential decay?

That prediction is bullshit.
Sometime I wonder those frustrated holders who haven't been lucky enough to sell and earned their profit, spread wrong predictions and it really hampered people's desires to stay longer in cryptocurrency. Those bunch of crap minded people sprouted such shit ideas affecting innocent traders who happens to be panicked, and now the entire community suffers from massive fall of bitcoin price. This isn't good in a business , so this time we should be more clever and stop acting like a dependent child. The possible price is the potential value to be reached, because digital currency is infinite.
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August 22, 2018, 10:14:07 PM
 #86

At the first halving on November 28, 2012, BTC/USD traded around $12. By the second, on July 9, 2016, it was $657. The third halving — due in mid-2020 or in 644 days — will see the block reward reduce from 12.5 BTC to 6.25 BTC, while What’s On Crypto suggests ongoing trends could see prices hit a giant $10 million by 2023-quoted by wilma woo.

These predictions are giving us hope about the future of bitcoin but we all know that bitcoin is know for its volatile and unstable characteristics. Do you think that the expert's predictions are possible or do you think that this are just a mere simple prediction.


Despite the fact that 82.02% of Bitcoin has mined I disagree with the $10million price prediction which was did by Wilma Woo for year 2023 and I don't know if people ask themselves why the market correction happen in the first place. How ever, I predict bitcoin to be in $26,000-30,000 price range when it year 2023.

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August 23, 2018, 12:59:15 PM
 #87

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August 23, 2018, 04:52:31 PM
 #88

At the first halving on November 28, 2012, BTC/USD traded around $12. By the second, on July 9, 2016, it was $657. The third halving — due in mid-2020 or in 644 days — will see the block reward reduce from 12.5 BTC to 6.25 BTC, while What’s On Crypto suggests ongoing trends could see prices hit a giant $10 million by 2023-quoted by wilma woo.

These predictions are giving us hope about the future of bitcoin but we all know that bitcoin is know for its volatile and unstable characteristics. Do you think that the expert's predictions are possible or do you think that this are just a mere simple prediction.


For me, predictions are only an estimate of their thinking, bitcoin is unpredictable, indeed its prices fluctuate, so prices sometimes rise and fall.
But if they believe that bitcoin will increase, that might happen, and they remember like last year that it was increasing towards the end of the year, so that it could be an example for the end of 2018.
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August 23, 2018, 05:06:18 PM
 #89

Do you think that the expert's predictions are possible or do you think that this are just a mere simple prediction.

let's be honest, have forecasts that are very absurd and making comparisons with past scenarios and prices is not a good thing and can lead us to fall into the hole, in the past years we did not have the pressure of governments and banks, kyc was something which we hardly hear, we hardly hear of any bank this sabotaging the exchange and we did not hear much that some government would ban bitcoin, were very relaxed times. today things are totally different and we have to realize this. about this prediction, I think a big absurdity. Just to show how things are currently:

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August 23, 2018, 05:24:47 PM
 #90

BTC isn't going to hit a million in a couple of years time, and Mcaffee isn't going to do anything in 2020. The more people ignore this lunatic, the better off the crypto space will be.
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August 23, 2018, 10:31:20 PM
Last edit: August 23, 2018, 11:12:27 PM by Firefox07
 #91

I thought there are so many people here that speculate to much when they say that bitcoin will reach $20k this year. But this person it out of his mind. I think bitcoin will never reach $10 million in only a span of 5yers from now. Think first before you speculate.

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August 24, 2018, 07:22:23 AM
 #92

BTC isn't going to hit a million in a couple of years time, and Mcaffee isn't going to do anything in 2020. The more people ignore this lunatic, the better off the crypto space will be.

Millions is not possible but $100k dollar can be reached since there are more countries today that has been legalized to invest in their are so we can expect higher prices before the year ends.

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August 24, 2018, 06:32:22 PM
 #93

I do not like doing a Bitcoin price prediction, because it never comes out. If Bitcoin continued at such a pace as it has been so far, we will be wandering about where the bitcoin has grown for a few years. The price of bitcoin in future growth, but 10 million in 2023 is rather a simple prediction. Rather, i would say that the price will be somewhere around $ 100,000.

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August 25, 2018, 07:34:41 AM
 #94

I do not like doing a Bitcoin price prediction, because it never comes out. If Bitcoin continued at such a pace as it has been so far, we will be wandering about where the bitcoin has grown for a few years. The price of bitcoin in future growth, but 10 million in 2023 is rather a simple prediction. Rather, i would say that the price will be somewhere around $ 100,000.

There is no accurate prediction even though, that is the reason why being patient is required rather than having your own strategy or making predictions on the market.

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August 25, 2018, 08:17:04 AM
 #95

it seems that it is very likely to happen if there is good news that can trigger an increase in bitcoin prices and can happen also when the total supply of bitcoin has begun to run out and it will be increasingly difficult to get bitcoin.

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August 25, 2018, 12:44:08 PM
 #96

I do not like doing a Bitcoin price prediction, because it never comes out. If Bitcoin continued at such a pace as it has been so far, we will be wandering about where the bitcoin has grown for a few years. The price of bitcoin in future growth, but 10 million in 2023 is rather a simple prediction. Rather, i would say that the price will be somewhere around $ 100,000.

There is no accurate prediction even though, that is the reason why being patient is required rather than having your own strategy or making predictions on the market.

Lol. I can't think of any reasons right now on how it can grow to 100m in a few years. This is a buy and sell market and i doubt a lot of people will be risking it buying at above 1 million dollars.

 
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August 25, 2018, 10:55:17 PM
 #97

At the first halving on November 28, 2012, BTC/USD traded around $12. By the second, on July 9, 2016, it was $657. The third halving — due in mid-2020 or in 644 days — will see the block reward reduce from 12.5 BTC to 6.25 BTC, while What’s On Crypto suggests ongoing trends could see prices hit a giant $10 million by 2023-quoted by wilma woo.

These predictions are giving us hope about the future of bitcoin but we all know that bitcoin is know for its volatile and unstable characteristics. Do you think that the expert's predictions are possible or do you think that this are just a mere simple prediction.


I know that people want to be millionaires thanks to their investment in bitcoin, but they need to be realistic, if you want a price of 10 million per coin the only way to get that price is if the entire economy of the world is in chaos and 10 million no longer buy what it buys today, a price of 50k could be possible maybe a little higher, but a price of 10 million is completely impossible.

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August 26, 2018, 02:40:30 AM
 #98

it seems that it is very likely to happen if there is good news that can trigger an increase in bitcoin prices and can happen also when the total supply of bitcoin has begun to run out and it will be increasingly difficult to get bitcoin.
As simple as this year. It is still difficult to find out in 2023. The distance is too far away. And whether there was yet another market to increase sales and capital?

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August 26, 2018, 04:10:05 AM
 #99

I think that is very impossible because there are so many bad news that the price of bitcoin and some other cryptocurrency has experienced a tremendous breakdown, bitcoin must have good news and must be accepted in all countries to be able to increase prices to such an expensive price. it is very difficult to get bitcoin so the price can be very expensive.

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August 28, 2018, 10:42:51 AM
 #100

BTC isn't going to hit a million in a couple of years time, and Mcaffee isn't going to do anything in 2020. The more people ignore this lunatic, the better off the crypto space will be.

Millions is not possible but $100k dollar can be reached since there are more countries today that has been legalized to invest in their are so we can expect higher prices before the year ends.

$100k must be a very good price still. I really cannot wait to see something like this happening and by this time we would see a long term dream come true eventually. I so much look for a time like this when the market will be driven by real demand and we will get to see adoption based on real life usage and not just some whales trying to enrich themselves via manipulating the market based on different levels of speculation.
In 10 years though, I expect a lot to have changed when it comes to huge development and seeing a development to this extent would be really good.
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