Bitcoin to $10 million?

[rodel caling]

Bitcoin will reach $ 10m ?? what year will it happen? maybe the next 10 years will happen according to predictions that I've read in some news that bitcoin will return to the price of $ 10k in 2022 I also don't know that it will happen and it might happen.

Bitcoin price prediction reach 10,000$ by the year 2022 and meaning bitcoin stay remain in low value until 2022??? But do not really believe that prediction.
10 million dollar price value of bitcoin iis too very unbelievable, do not predict to much just predict the truth of reality bitcoin is volatile nibody can tell when and what price they can reach in the future.

[bitcoinsc]

The time traveler suggest btc to 10 million in 6 years. The Bitcoin halven will occur in 2020 and 2024. I think after 2024 prices will sky rocket. We ain't there yet. We not even at 1 million yet. But we are close to 2020 the Bitcoin halven event. Maybe it's pressure build on hype the Bitcoin halven. Maybe we'll get more forks along the way.

[MainIbem]

It is out of imagination to see bitcoin rise to $1m. Some of these predictions come as mere wishful thinking. No matter the economic downturn, I don't see bitcoin rise to that level.

[shesheboy]

To those who said its impossible  , well you are totally wrong because bitcoin actually have the potential to reach the said amount .  just wait for it to become recognized by many citezens and netizens then youl see that the value can slowly recover in an upward manner day by day until it gets to the point of no return  .  sooner or later the value can reach to millions and eventually it can climb up to 10 million for more few days .

[ethereumhunter]

I will make sure to wait that number to show up in the future, and I am starting to collect more bitcoin from now one, so I don't miss the chance. But it needs a long time before the price can increase until that price and I don't know how long bitcoin can reach it because right now, we are still in the $3k level price. But there are no impossible for bitcoin to reach that price and bitcoin have a chance to reach it in the future. The bitcoin price can increase higher if there is chaos in many countries and people are tired with their government, and they want to find something new for their financial and in this moment, they will take a look with bitcoin. And if they find that using bitcoin is a new solution, then they will use bitcoin, and it will make a big demand for bitcoin, and it will push the price to increase.

[dolph]

$1million maybe given a 20 year time frame .. i'm tipping we see 50 - 100k range next bull run

[TravelMug]

That's an exaggeration. Let's be realistic here, even if there's another global crisis, I believed that most investors will still go for gold and not to crypto simply because of the huge risk and price volatility.

But I believed that we're almost on the brink of another economic collapse, the trade wars against China, Venezuelan crisis, you can also notice the US stocks being affected as well. All tell tale signs are here, so for us crypto enthusiast, we need to get ahead and hedge, but it doesn't mean that bitcoin price would literally go off the off.

[mangsitin]

I think the price of Bitcoin to reach the price of $10 million is very unlikely for years to come, because it is too high to reach such a price. So I prefer to be realistic, the price of Bitcoin will reach more than $ 40000 when Bitcoin will halving.

[Cofee.BLUE]

These guys say that if there's another global economic crisis like there was in 2008 that the price of Bitcoin can go through the roof:

https://www.youtube.com/watch?v=nShdlDc2B6M

There is no way bitcoin could hit a $10000000 mark even there is a economic crisi. There is no way people will just move from fiat to cryptocurrency, because there is crisis and so the decision on that time would just be fatal for them and the government will lend a hand of crypto-industry if that happens most probably the decentralized will be centralized.

[CryptoGamblingSites]

These guys say that if there's another global economic crisis like there was in 2008 that the price of Bitcoin can go through the roof:

https://www.youtube.com/watch?v=nShdlDc2B6M

Each such analyst puts forward his version of the price of bitcoin, and everyone looks at him with open mouths and wonder!
This is complete nonsense, why did you take that in the falling stock market, the troubles will pour into the crypto-currency market?? Do you seriously think that losing money on shares investors will begin to shift them to a more volatile cryptocurrency market? It's a fantasy and nothing more.

 On the contrary, I am sure that if the us stock exchanges go down then bitcoin is also waiting for an even deeper decline because everyone will start to go to Fiat and wait out the storm!

The analysis in OP video may not be the best example but you are completely crazy to believe people in the US, Europe and UK aren't going to look for a place to store money elsewhere very soon.

Every currency is inflated to the point of $317 Trillion in Global Debt

1 Trillion is a LOT, we didn't even have the word years ago, now it's common because of inflation and debt.

The US stock market went up 10 years. The housing market is supposed to "cool" and the job market their is declining.

This is while Europe is still a mess, during Brexit and China's economy has slowed down. Then we look at South America right now and see the chaos could lead to similar currencies as Africa currently has. While the Western countries are in a huge bubble.

https://medium.com/@lucidfunds/the-long-and-winding-road-to-10-million-bitcoin-4b1c83d26e5d

This guy is not a quack...he's managed billion dollar funds for decades.

According to The Institute of International Finance (IIF), the total world debt is roughly estimated to be $247 trillion. By the 2018 year end, the total world wealth was estimated to be $317 trillion. But most significantly, total world debt increased 394% over the past 20 years, from $50 trillion to $247 trillion, while total world wealth increased 133% over the same period.

Bitcoin is just a new tool in peoples toolbox, what people move their money to is anyone's guess. It isn't going into stocks or housing over the next few years with all the shaky currencies world wide.

[Kakmakr]

A global economic crisis will not necessarily guarantee a situation where millions of people will flock to Bitcoin as a safe haven. Yes, people will try to hedge the possible loss in wealth, with things like Bitcoin, but the de facto method to do that has always been precious metals like Gold and Silver.

People go into survival mode in times like this. <Expecting the worst>, so they buy physical items with value that can be traded, when Banks close their doors and when the access to the financial system is blocked. <Example : Greece >  

[daarul50]

The global economic crisis will not merely be making changes to the conditions for bitcoin because crypto is not only influenced by the world economy but other factors such as buying demand and selling demand will greatly affect price movements. Maybe only a few people will go to bitcoin to secure their property when the global economic crisis occurs.

[HippiePyro]

If the price hits 10 million, the max supply would be roughly equal to all the fiat currently in the world.

[eann014]

These guys say that if there's another global economic crisis like there was in 2008 that the price of Bitcoin can go through the roof:

https://www.youtube.com/watch?v=nShdlDc2B6M

Too impossible for bitcoin to reach that $10 Million, it really takes a long long time or maybe it cannot be reached at all, $1 million is already a hard time for bitcoin to achieve what more is $10 million. It is more possible to earn million if you have a good strategy through trading or investing but not by holding your bitcoin in a long term.

[bajingluncat]

if it is possible to be $ 10 thousand, but if it becomes impossible for $ 10 million, you know for now there are too many negative predictions, even yesterday BCG digital ventures founder Jeff Schumacher said this year the bitcoin would touch the lowest price could even be zero (quote from CNBC), so are you still optimistic that this will happen?

[Pab]

That is similar like bitcoin going to 4 dollars
If so huge economic crisis will occur then people will not have money to purchase bitcoin
10 mln$  is not one big hype
I have been reading about bitcoin to 1 mln$ during first big pump up to 1200$
You can find planty of that kind videos or articles in internet

[livingfree]

A big event like world crisis will lead bitcoin to make its demand higher. Everyone will look for a way to save the value of their assets and cash. While cash drops, big financial institutions will start to recognize on how it will save their financial standing.

I find it too high but we've seen the impossible and ot happenes before.

[MFahad]

if it is possible to be $ 10 thousand, but if it becomes impossible for $ 10 million, you know for now there are too many negative predictions, even yesterday BCG digital ventures founder Jeff Schumacher said this year the bitcoin would touch the lowest price could even be zero (quote from CNBC), so are you still optimistic that this will happen?

Do not believe on CNBC or such news sources. They are mostly use to create fud and due to these fud bitcoin prices moves up and down.

For Bitcoin to be able to reach 10$ million dollar is very much possible. We already know that forex and stock markets are multi million dollar market and those markets were not built in a day. Similarly bitcoin market will be as big as those but just need some time.

[mandor]

I don't know if Bitcoin can reach $ 10 million and when will it happen? while many crypto scientists say that this year Bitcoin will reach $ 10K but why hasn't it happened yet? or maybe on the following year? I just hope the bad situation about the price of Bitcoin on this year will end soon.

[joseyphil82]

I guess I have to be prepared for holding my coins and tokens for a very very long time ,I don't think any changes will occur this 2019 unless bakkt and ETF gets approved and even if they get approved it might not affect the price much ,double or triple in price won't be seen for a very long time till next Btc halving