Will Bitcoin go up to $1000k?

[STT]

K is thousand so 1000k is a million per unit.   Not this year I think but 100k isnt out of view to many, Ive been thinking it should pull back a bit more then it has but the last dip to 27k might as far as it goes for now.



Moving around the 12hr and 2 day averages at the moment, not especially weak in any regard.  If it can close below 48k on 4hr bar assume some weakness is possible until then you can name any upwards target is possible or the probable outcome even.

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[wheelz1200]

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?

Welcome to the forum and to answer your question legitimately, anything can happen.  When bitcoin was just $1 no one thought it could get to $50k this quick so $1mil...definately possible but it will take a major influx of money to get it there.  Might be some time on that one

[bitgolden]

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.

I have bought under 5k before, and I have bought a bit over 6k as well as recent as last late march/early April as well, and I still do want to see 1+ million dollars per bitcoin as well, why wouldn't I. However even when I bought my bitcoin, I was hoping for price to be 13k+ and not a million dollars, not 50k neither, I just buy and hold and hope that it goes up as much as it can, that's it, I do not have a certain number in my mind right now, because I do not need these bitcoins, they are stable and stays there and I do not touch them at all.

This is why I think it is crucial for anyone to not put money they can't afford to lose into bitcoin, if you do it like me and ignore the prices you could wait until it is whatever price. These people who buy and wait for these prices are doing it the wrong way, you should plan for years not prices, I plan on waiting at the very minimum 10 more years.

[ancafe]

if bitcoin reaches a price of $ 1000k, then 1 satoshi is equivalent to $ 0.01. WOW
maybe it could happen, but for now, I don't want to go very far. however, pushing bitcoin to reach the $ 100k price tag is already very difficult, and requires good news to come in a row. however, I don't want to extinguish my excitement to think that bitcoin price can reach that price, but I just don't want to fly, and it's falling hard for now

[StreakW]

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?

1000k? Maybe you mean 100K? If 100K almost everyone on the crypto forum believe that this year Bitcoin will reach it, also so many speculations say that could reach 200K even more. But for 1000K it will take a long time, maybe 4years or 8years from now, after halving of sure. Doesn't matter when bitcoin reaches it, the day will come.

[arufox]

if bitcoin reaches a price of $ 1000k, then 1 satoshi is equivalent to $ 0.01. WOW
maybe it could happen, but for now, I don't want to go very far. however, pushing bitcoin to reach the $ 100k price tag is already very difficult, and requires good news to come in a row. however, I don't want to extinguish my excitement to think that bitcoin price can reach that price, but I just don't want to fly, and it's falling hard for now

1 Satoshi equals $0,01. I think I must start to play faucet now.. LOL. I don't think people can wait so long until Bitcoin reaches 1000K. Many of them will sell their Bitcoin before reach this price. And this year will make people start to sell their Bitcoin. But 1000K for Bitcoin? Yes, it's possible

[Marvelman]

1 Satoshi equals $0,01. I think I must start to play faucet now.. LOL. I don't think people can wait so long until Bitcoin reaches 1000K. Many of them will sell their Bitcoin before reach this price. And this year will make people start to sell their Bitcoin. But 1000K for Bitcoin? Yes, it's possible

I'm always confused when some people talk about selling bitcoin. Bitcoins will not disappear just because someone sold them. They will only change the owner.

For each seller there is a buyer on the other side, right?

[crwth]

I have bought under 5k before, and I have bought a bit over 6k as well as recent as last late march/early April as well, and I still do want to see 1+ million dollars per bitcoin as well, why wouldn't I. However even when I bought my bitcoin, I was hoping for price to be 13k+ and not a million dollars, not 50k neither, I just buy and hold and hope that it goes up as much as it can, that's it, I do not have a certain number in my mind right now, because I do not need these bitcoins, they are stable and stays there and I do not touch them at all.

Basically, this is HODLing. That's just it. I'm happy for you that you had started way before others that go into it. You probably had more, don't you?

This is why I think it is crucial for anyone to not put money they can't afford to lose into bitcoin, if you do it like me and ignore the prices you could wait until it is whatever price. These people who buy and wait for these prices are doing it the wrong way, you should plan for years not prices, I plan on waiting at the very minimum 10 more years.

I'm guilty of this knowing that I had lost money with trading. It's something that I say can afford but I wouldn't like it to be. Just like every loss. As long as you are continuing to learn and believe that you can, then just do it. I hope no one would regret putting their money into something they don't know. That's basically it.

[vintages]

Breaking $41K is rough for BTC, we might need more than just Elon Musk to bring the market to mars. $1000k is going to be hard but possible. BTC doubling its previous ATH is more than enough of a bullrun so there is a possibility also that price right now may just be what is it till the next cycle. Its good to be optimistic but don't expect too much so you don't be so disappointed.

If Elon Musk and his likes pumps up the price of Bitcoin then we can consider it very unhealthy. Its more like allowing one whale to control the market which is likely to hit back in a wrong way.
What happens if he decides to dump his coins, that will mean the price dumping ridiculously. It will be better if the market grows naturally.

[Flor1982]

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

It depends if you believe in bitcoin potentials like replacing the US dollar and other fiat currencies or at least it remains a legitimate payment method globally. If bitcoin can replace all existing fiat currencies. Then, probably it will hit the $100k but the question will be when. Bitcoin will shoot past its previous high but its path to $100K won’t be easy as it will be a rocky one for sure.

[Taskford]

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

It depends if you believe in bitcoin potentials like replacing the US dollar and other fiat currencies or at least it remains a legitimate payment method globally. If bitcoin can replace all existing fiat currencies. Then, probably it will hit the $1000k but the question will be when. Bitcoin will shoot past its previous high but its path to $1000K won’t be easy as it will be a rocky one for sure.

There's no need on replacing fiat since this scenario is so impossible to happen, the only thing needed by bitcoin to grow and reach that price is the major global adoption and more acceptance of Big companies around the globe an I'm sure that this one could create more demand. And there's a huge possibilities for more adoption since paypal and tesla is now engaged with it so provably more company will think about it.

[michellee]

No matter if it is $100k or $1000k, if you want to know about that, you need to wait for that and prepare your bitcoin. Someday, we will know if bitcoin can hit that price or not, and if you do not have any bitcoin or less than 1 bitcoin, you will regret it because you are not prepared from now on. I am sure bitcoin will hit $100k someday because that is the price that bitcoin will go to that price. But if you mean about $1000k then that will be a long time before we can see bitcoin will jump to that price.

[Rana590]

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?

Nothing is impossible for bitcoin. Already several times it is proven by bitcoin. But we can't identify the exact time. If we consider current price, then bitcoin is far away from your desire price.

[jaberwock]

There's no need on replacing fiat since this scenario is so impossible to happen, the only thing needed by bitcoin to grow and reach that price is the major global adoption and more acceptance of Big companies around the globe an I'm sure that this one could create more demand. And there's a huge possibilities for more adoption since paypal and tesla is now engaged with it so provably more company will think about it.

Why do people want to get rid of fiat is beyond my understanding. I get that we are not really favoring fiat because we are crypto people but the reality is that the world turns around fiat right now and in order to change that we need to actually change way too much of the current system and when you are changing a whole system you are actually hurting it until its dead and start from fresh, the result could be good in the long term but for decades we may have horrible situations, starvation, poverty, wars at the levels you have never heard of before, and I do not think we need that.

Instead of something so marginal and radical, why don't we just put crypto at the side of fiat and be fine with that? We could definitely make it work that way and it would be very profitable for everyone involved. I personally like it this way currently and just want to see it grow like this.

[gabbie2010]

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?

Nothing is impossible for bitcoin. Already several times it is proven by bitcoin. But we can't identify the exact time. If we consider current price, then bitcoin is far away from your desire price.

Yes cryptos are unpredictable but I would not agreed that the price of bitcoin will reach $1M in the next 20 years if the price reach $100K this year that is a great achievement but the price still have a long way to go let not follow all forms of price modelling and analysis, price do defies all sort of analysis pump and dump are based on of forces of demand and supply and also considering all the ban of bitcoin in India, Nigeria etc and clamped down on exchanges all these factors will culminate to slow growth of the price thus reaching that massive price mark isn't feasible.

[kapalmabur]

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?

Bitcoin is like an asset where you imagine while you sleep, yup, dreams can come true !,
but everything needs proper analysis and what is still very reasonable is bitcoin going to $ 70k in the near future,
even if I analyze bitcoin price can reach $ 100k later this year, so holding is something beautiful.