How to make Bitcoin reach $400k

[shoreno]

10 percent is small but companies invest more than that although they arent doing this too often because there are times that the companies income are dull and they also have big expenses to pay . companies cannot up the price of btc to 400k by themselves but itl be more possible if other big influencial people help them like elon musk that are reported lately upping the price of btc by doing an indirect actions related to btc , much more if he invest and encourage the public seriously to join btc .

[1715205996]

1715205996

[XCANA]

I think if companies convert 10% of thier cash to Bitcoin it will cause rise making it to reach $430k !

Definitely the price of bitcoin will skyrocket if these companies will allow 10% of their cash asset into bitcoin but this won't happen because most of these large or big companies don't even believe on this technology, so, let not hope for what is impossible for the now. As the technology increases in the heart of men then there might be a change of mind from these companies to invest some of their cash assets into Bitcoin. Though some have started and others yet to follow suit.

[justdimin]

Well, there is a train of thought about how bitcoin will be about the same market cap as gold one day, and that I believe alone is a great idea that could turn bitcoin into a huge price, for example gold market cap right now is 10.6 trillion dollars, that means if we divide 10.6 trillion dollars into 18.614.512 (which is bitcoin available now) that would make the price 570k per bitcoin.

I understand that we may not reach that level anytime soon, but that is the first goal bitcoin has in the global scale. That means we are going to reach to those levels "one day", it may be in a year, or in 5 years, or maybe in 10 years but we are going to reach that level, so even after bitcoin price increased so much, holding bitcoin is a good idea, sure it could fall from today until it reaches 400k, there could be a lot of downs but if you hold and wait you are going to get 10x return for sure.

[Becky666]

I think if companies convert 10% of thier cash to Bitcoin it will cause rise making it to reach $430k !

If we can have at least half of the world invest in Bitcoin I'm sure Bitcoin will reach $400k or even more, just imagine everyone investing at least $20 I am not good in math but with the huge population I'm sure the demand will be high.

If half of the world population should make their investment on bitcoin then this price of tagging bitcoin to be $400k shouldn't be becasue the price will move even more higher than expected. But the world is likely to invest half of their wealth into bitcoin which many thought about negatively, but until they come to the true knowledge of this technology then such figures shouldn't be our concerns.

[Ridwan Fauzi]

I think if companies convert 10% of thier cash to Bitcoin it will cause rise making it to reach $430k !

Mass adoption will push it, I can't imagine if all countries widely open to use bitcoin in all form like payment system, sending money tool and even as an investment place. Also you can imagine if that happen there will be many people who will buy bitcoin and having it then using it in all daily life.  A few days ago Elon Musk only wrote bitcoin on his twitter account and we don't have a long time to see a short term pumped in bitcoin price. That will happen as well if all president make a statement or wrote bitcoin on his social media we will see a huge pump as well. The adoption first and then there will be many people including instutional investor will buy bitcoin.