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Author Topic: $10million in 2023 possible?  (Read 604 times)
Impulseboy
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September 12, 2018, 04:46:28 PM
 #121

I am not sure if I believe this to be true. There are those that say that next year bitcoin is expected to rise again, however, with the current market of bitcoin, it is hard to say that it will reach $20 million per coin by 2023. That said, I expect bitcoin to continue to rise in the next five years.
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fulmetal08larz
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September 12, 2018, 04:53:03 PM
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I think it is still possible for BTC to reach a price of $10M by 2023 if mass adoption and government acceptance occurs. The road to 2023 for crypto currencies has many rooms for improvement, development and growth. There are many projects and coins to choose from but only those with proper utilization in real world will survive such as in healthcare, voting system, infrastructure, logistics, administration, environment preservation, etc.

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September 12, 2018, 05:23:51 PM
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How can you easily say that $10 million in next 5 years. $10,000,000 in next 5 year. Just check where are we now. We are at $6k+. Just check out how many more thousands we require in 5 years. If $10 million in 5 years, bitcoin value at the end 2019 should be $2 million. Really possible? Lets just compare the market growth. Number of ICOs are increasing and the investors money is split. We can not expect to have a lump of investment falling on only bitcoin and thus the value would increase. Just think on it.

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September 12, 2018, 07:48:51 PM
 #124

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.



To reach 10m is possible but it will have a rough time due to different price manipulators and not everyone in the market are investing and most of them still prefer to sell their coins due to volatility.

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