Will Bitcoin go up to $1000k?

[AakZaki]

According to what I know, bitcoin is made with a predetermined total supply. So the miners will have more difficulty mining because of the high computing power. If this is followed by a level of public confidence in its value, then that price will be achieved, but remember that it could be the other way around. But so far bitcoin itself has been very difficult to experience failure or hyperinflation like the Zimbawe currency. So the $ 1000k price tag is a matter of time.

[1715078931]

1715078931

[famososMuertos]

I am new at http://bitcointalk.org.
...//...,,,
Is this possible?

It is not about being possible, it is about making it possible, each transaction counts, each new user adds, do your part, become a user who owns  satoshi and maybe BTC, you are part of the process ... being here confirms it .

[pixie85]

When some people ask if it will go to 100 thousand I always say yes but the question you should be asking is when.
With a million the more important question is if it will ever happen.

In short we can say that if Bitcoin survives for another 10 years it will be worth a lot more. Maybe even a million dollars. If its code gets broken or compromised by that time it will not reach this level.  
It is really that simple.

[FlightyPouch]

Well, it is possible, as they've said, the only question left is when. The price of bitcoin can quickly increase and we might be surprised if we will be reaching the price at $50K or even $70K in the near future or maybe this year. We never know what will happen but I'll tell you what, I think we have a higher chance of breaking the ATH this year, again, and we might've a chance to hit $100K.

[MinoRaiola]

I am new at http://bitcointalk.org.
I want to know more about BTCitcoin.
One of my friends told me BTCitcoin will go up to $1000K.
Is this possible?

Without doing a big analysis, or posting it here, it's primarily about the demand for BTC.

The best product, the best service or the valuable gold, uh bitcoin BTC, can only develop if "we" accept it and have confidence in it.

$ 1,000,000 ... we can talk about that for a long time, but I think it comes true because the digital world is more innovative from year to year and the value, or the monetary system, adapts (wink PayPal). In times of the pandemic, the digital world has continued to grow and I would like to know what our world will look like in 10 years.

Stock to flow shows us it already today, but also skeptics about the theory: https://digitalik.net/btc/

[raji1995naya]

I am new at http://bitcointalk.org.
I want to know more about BTCitcoin.
One of my friends told me BTCitcoin will go up to $1000K.
Is this possible?

Yeah, It is very possible. II suggest you to study the process of Bitcoin harving. So  I will tell some points briefly. Bitcoin has limited total supply(21 million). After releasing the last BTC , BTC there is no more BTC to come. So in simple logic, there is supply getting limited and when supply getting limited demand is getting higher.  In 2140 BTC supply will be finished. Before that, the releasing amount of BTC is partially decreasing. SO this will help to pump BTC to a value that we cant think.

[senyorito123]

My friend who's also a trader told me that bitcoin has the potential price of $100k this year, but it has no accurate date when it's going to be fulfilled. Every ideas that going to come out right now is always uncertain. What's important right now is to focus on your goals and don't lose hope, because everyday is an opportunity for all of us.

[rat03gopoh]

Regardless of the price of bitcoin going, its not a big surprise. The important thing is how you maintain your BTC in every correction. Imo, more HODLers will help bitcoin continue to reach higher ATH than before and beyond.
$1000k isn't an easy thing to get around to, but it's possible if you look at the growth of the crypto community. Every time it reaches the ATH bubble, bitcoin always experiences a dip or even explodes. I think it's a pattern adjustment back to form a new, stronger support point.

[JimboToronto]

Of course it will.

It's just a matter of time.

Bitcoin is still young.

[mich]

Yup.

$1M is possible but we will never know when it can reach that price or how it can? If that's your target price before selling, you should be patient and keep HODLING until we see that price.

But aim first to see $100k than $1M.

For the price of 1 Bitcoin to be worth $1 million dollars would be an amazing thing.  But there is going to have to be many things to happen before we can imagine such a high market cap.

This is a good price prediction I think to start.  We have not even seen a bitcoin price of $50k just yet so lets get there and then talk about $100k or even $1mllion.

[LogitechMouse]

~
One of my friends told me BTCitcoin will go up to $1000K.
Is this possible?

$1000k = $1,000,000
In short you are asking if its possible for Bitcoin to reach a million dollars.

Its possible that it will be reach but are you willing to wait for it to happen?? Are you willing to risk your money to wait for it to happen. You know, when a friend describes Bitcoin to you it is always saying the positive and the most exaggerated words in order for you to get attracted and buy it. What you don't know is the possible risks that you can get if you entered at a wrong time.

Unfortunately, after this thread the OP didn't return again so he can't read our opinions

[Poker Player]

As I have just said in another thread, yes, it can reach that figure but by that time the purchasing power of $1 million will have much less purchasing power than now. It's not so much that bitcoin goes up as that fiat is losing value at an increasing fast pace.

[FanEagle]

Regardless of the price of bitcoin going, its not a big surprise. The important thing is how you maintain your BTC in every correction. Imo, more HODLers will help bitcoin continue to reach higher ATH than before and beyond.
$1000k isn't an easy thing to get around to, but it's possible if you look at the growth of the crypto community. Every time it reaches the ATH bubble, bitcoin always experiences a dip or even explodes. I think it's a pattern adjustment back to form a new, stronger support point.

That is the trick here, when people see their money go up super high, they tend to sell because who could put 1k dollars into something and say no to 20k dollars? It would be very hard to do that, and when it reaches 50k? It would be even harder to do that, and at 100k it would be damn impossible to say no to that, when you put in 1k and have 100k in return, you will 99.99% take that out, or at least take certain portion of it out.

So, people who hold and make a lot of money deserve every single cent, when I have profits I usually sell and get out and try to find something else, at least I am keeping my money in crypto but I still think it is quite important that we realize not selling is a lot more important than anything else. Of course it is not going to be easy but we have to do it, if we can hold that means we could make even more profits later on.

[arufox]

I am new at http://bitcointalk.org.
I want to know more about BTCitcoin.
One of my friends told me BTCitcoin will go up to $1000K.
Is this possible?

Because you are new so you should learn everything, I see a lot of newcomers come to the crypto world and get scammed, so prepare yourself with knowledge of crypto.

Is this possible?? I'm sure it is but you must know that no one knows when exactly will happen, but the day will come, Patient

[acener]

I am new at http://bitcointalk.org.
I want to know more about BTCitcoin.
One of my friends told me BTCitcoin will go up to $1000K.
Is this possible?

This is possible but we don't know when would it happen or if it would ever happen.
We are almost half way there so maybe a couple more years we could see it but no one could say for sure.

[Mistafreeze]

I am new at http://bitcointalk.org.
I want to know more about BTCitcoin.
One of my friends told me BTCitcoin will go up to $1000K.
Is this possible?

There is no doubt btc will one day go to $1000k and perhaps higher but do not buy it just because of this reason.
Bitcoin is financial freedom. It gives you power in your hand.
If you want to hold it for long, start buying dips in small portion.

[crwth]

I'm pretty sure everyone wants to go up there and just enjoy everything with just a small fraction of a BTC. It would be an instant gold mine. Imagine that you just have 0.001 and that would be worth $1000 already. It's probably the same feeling we have right now when you bought so far below like $5000 per BTC, and imagine, how much is that BTC worth now, knowing that it's priced at the $46k range. It's a lot.

HODL on, maybe, we can get there.

[rodskee]

I am new at http://bitcointalk.org.
I want to know more about BTCitcoin.
One of my friends told me BTCitcoin will go up to $1000K.
Is this possible?

You are new in Crypto by the first post you created is about being Greedy , Bitcoin has just took the new ATH and now you are here looking for doubling that high climb ?

Yeah Bitcoin will reach that value why not , but the thing is when ? good that you did not put at least a specific target date so we can answer you in general.


bitcoin will try breaking this Year alone but surely it will be harder as the former ATH is just 20k when we jumped more that double .

[bitterguy28]

I am new at http://bitcointalk.org.
I want to know more about BTCitcoin.
One of my friends told me BTCitcoin will go up to $1000K.
Is this possible?

First Welcome to the forum and welcome to the Crypto community .

but wait what was that ? $1000k is that a 1 million dollars? if i am right then you are looking for a year or more now mate, but of course it can reach that amount.

[slaman29]

I'm pretty sure everyone wants to go up there and just enjoy everything with just a small fraction of a BTC. It would be an instant gold mine. Imagine that you just have 0.001 and that would be worth $1000 already. It's probably the same feeling we have right now when you bought so far below like $5000 per BTC, and imagine, how much is that BTC worth now, knowing that it's priced at the $46k range. It's a lot.

HODL on, maybe, we can get there.

Just to think that a few years ago even tips of 0.01 BTC were so common, and I myself received those kinds of tips several times (and gave away the same haha).

Imagine holding on to one or two of those tips and discovering they're worth $10,000 when BTC hits 1 million USD huh! That's definitely the dream, and where we are now is not impossible to see:)