Bitcoin goal million dollars

[maxreish]

I spend a lot of my time observing the market even though I do not have much bitcoin, and I am very confident that it will penetrate a million dollars in the coming years.

Everyone else here are hoping to achieve that all time high many years from now. If that happens, all of the btc holder will be financially stable. Though I'll admit it will be a long way before reaching million dollars. We can't really predict when, since there is just a limited supply of bitcoin and the less supply of it the more chance of increasing it's price so, let's see.

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[Wintersoldier]

I spend a lot of my time observing the market even though I do not have much bitcoin, and I am very confident that it will penetrate a million dollars in the coming years.

With this I want to share something to you. I know you really is a supporter of cryptocurrency, and for me, I don't think you could achieve your goal without really having bitcoin stored in one of your wallets. So, to start, the very first thing you should have is knowledge. This will make you a bitcoin millionaire so with the time you are spending looking at the market, why not to try to learn some things regarding the basics of cryptocurrency. You could basically develop an application that utilizes crypto that would give you profit, or try to share some updates here on the forum and with a good sentence construction and information, you could earn some merits for you to have some little amount of bitcoin to save. In short, to become a bitcoin millionaire you should work, because nothing will happen with just observing the market.

[kotik085]

Oh my friend, for Bitcoin to be priced at $ 1,000,000, it takes time. Bitcoin's capitalization should increase from today, almost a hundred times, in order for Bitcoin to exceed one million dollars.

[piebeyb]

I just said that the price will not touch 1 million dollars in the near future, at least to touch $ 100k is quite reasonable in my opinion for the next 2 years, your analysis and predictions are similar to John McAfee out there who said the same bitcoin 1 million dollars at the end of 2020, but I would be happy to mention 2021 for $ 100k, that's still within reasonable limits the rest would be considered a bonus 

[Bitcoin_bullish]

I spend a lot of my time observing the market even though I do not have much bitcoin, and I am very confident that it will penetrate a million dollars in the coming years.

This will happen if the USD losses so much value that it actually becomes hyperinflated fiat garbage. Still for hyperinflation to occur in the US we must see dramatic geopolitical changes, embargo's vs the US, real war or economic war that affects the population, or total mismanagement of the US assets along with economic war. Governments believe in printing fiat to solve all their problems and as we've seen in history this is what always happens in extreme situations. Although I give almost 0% chance for this to happen for at least another 50 years. If this happens there would be no point in discussing BTC/USD terms.

Also there is a possibility that Bitcoin actually grows huge in popularity and mass adoption levels reach so high that everyone is using it for their daily transactions. This is what will bring Bitcoin to 1m USD and I think we have a high chance in achieving this in the next 10 years.

I remember promoters of Bitcoin and topics that I was following since 2013 that were laughing with predictions about Bitcoin reaching 10K. So it is always better to keep an open mind and not exclude this possibility.

[Slow death]

I spend a lot of my time observing the market even though I do not have much bitcoin, and I am very confident that it will penetrate a million dollars in the coming years.

This is very strange, as you spend a lot of time watching the market and yet you can believe that the price will reach 1 million dollars in the coming years? imagine what the bitcoin marketcap should be for reach 1 million dollars? where would so much demand come from for the price to reach 1 million dollars? I believe the price will only reach $100,000 maximum (maybe 50 years from now and if everyone in the world bought a lot of bitcoin)

[alexsandria]

I spend a lot of my time observing the market even though I do not have much bitcoin, and I am very confident that it will penetrate a million dollars in the coming years.

That's the confidence right there. And we are all hoping the same thing but never ever expect so much because you might get false hope. Besides it will take a lot of time for bitcoin to reached such worth of value, and worse not. And if it were to reach such value surely it will bring tons of fortune here for people. Quite ridiculous yet possible.

[Johnyz]

I spend a lot of my time observing the market even though I do not have much bitcoin, and I am very confident that it will penetrate a million dollars in the coming years.

Even if I believe on it I can’t tell when it will happen so i set my mind not to think too much with bitcoin and only focus on the possible things for now. If bitcoin will reach that then it happen, more time for that but still people have to settle down and learn to take profit when you need the most. Remember the ups and downs will stay for good with bitcoin, don’t wait too much.

[ragavancoin]

I spend a lot of my time observing the market even though I do not have much bitcoin, and I am very confident that it will penetrate a million dollars in the coming years.

You are doing well brother because any new comer needs that kind of patience in crypto market and observation to understand the crypto market, and there are so many crypto experts prediction that Bitcoin will be reach a million dollars in future.

[Eclipse26]

It's good that you have that positive vision towards the future of Bitcoin but it would be better if instead of just waiting and hoping for that year to come, which is obviously will take a long time, let's earn more bitcoin and do not be contented with what you have. So when the time comes that it'll reach its peak, you can have even more.

[Darooghe]

I spend a lot of my time observing the market even though I do not have much bitcoin, and I am very confident that it will penetrate a million dollars in the coming years.

Bitcoin is a new category of money, and one with absolute scarcity, and I think that's how people need to think about it. I don't know how much gold there is the ground, but I know how much bitcoin there is, and in a few years there will be 500 million people trying to get their hands on it. also there are 250 trillion investments around the world and if only 4% comes to bitcoin it would put the value at $500,000 easily. thereby I would say yes, it's a possibility, But I assume that all world governments don't band together to end it or something like that.

[FlightyPouch]

I spend a lot of my time observing the market even though I do not have much bitcoin, and I am very confident that it will penetrate a million dollars in the coming years.

You are doing well brother because any new comer needs that kind of patience in crypto market and observation to understand the crypto market, and there are so many crypto experts prediction that Bitcoin will be reach a million dollars in future.

Well, I agree. That might change my mind. I am not that patient so I usually end up doing short time trades that usually ends up me losing my investments. If bitcoin reach 5 digit price again, and it quickly rose close to 6 digit, that is a huge possibility. We just need to be patient, it is the key.

[tsaroz]

The price of 1 BTC=$1M is McAfee's expectation and prediction, but I think it is impossible by the end of 2020. Even if BTC can reach $20k by the end of 2020, it is a success. It's too big for the whole market.

$1M is a dream not far but quite impossible at current circumstances. $20K would be a moderate prediction to make for 2020 and if the situation remains same, we'd have bitcoin price fluctuate between 10 and 20K unless we solve technical issues of scalability and fees as well as legal issue of legality of holding and trading.

[ohyeahhaha122]

I think it will be longer than 10 years, because as you can see at the moment, everything seems to be bad for the market, youtube deleted videos about cryptocurrencies, coin top matic lost more than 50% of the price. within 30 minutes, there have been many scams, or ceo of the IDAX exchange is missing, to achieve that goal takes a long time, when the world recognizes the importance of blockchain in the world.

[deadthings]

If one BTC is going to be one million then who is stopping us from buying few satoshis and hodling till we see BTC going to one million. With growing regulations and low adoption rate price of BTC may seem difficult to reach even 19k D

[TitanGEL]

The price of 1 BTC=$1M is McAfee's expectation and prediction, but I think it is impossible by the end of 2020. Even if BTC can reach $20k by the end of 2020, it is a success. It's too big for the whole market.

$1M is a dream not far but quite impossible at current circumstances. $20K would be a moderate prediction to make for 2020 and if the situation remains same, we'd have bitcoin price fluctuate between 10 and 20K unless we solve technical issues of scalability and fees as well as legal issue of legality of holding and trading.

He's dreaming after all . I do not know why there are people who really believing that the million dollar per each will happen. It is impossible, right now the price is having hard time to surpass its current resistance. Even if the demand will continue to grow over the years, we will still not see that thep rice of the bitcoin will become a million dollar per each. It is not realistic, maybe $50,000 per each is possible but a million dollar is really not possible for me.

[ashmodeus]

with a long time of waiting, yes of course i have a same think too about it.
2030-2040 its a time i mean for it, i just believe the price will raising constanly , i mean , i totally not believe what mcafee says about price going to 1 million by 2020, its not make any sense from thousands to millions just 1 year .

[Reid]

I spend a lot of my time observing the market even though I do not have much bitcoin, and I am very confident that it will penetrate a million dollars in the coming years.

It is not wrong to make prediction but we have to make it real sometimes.
Have you see how John McAfee was bashed all over Twitter just for doing it?

There is a good thing though. He is popular and you are not. So the most likely to happen is you will just be bashed here for maybe 10-20 times if this thread will not be flooded.  

[Dart18]

I spend a lot of my time observing the market even though I do not have much bitcoin, and I am very confident that it will penetrate a million dollars in the coming years.

When is that coming years?
2021? 2100?
We won't see it then. We are being eaten by worms or dried out already and just bones left.  
Let us predict the price base on how much we could live only.