CoinDesk editor believes Bitcoin will hit 1 million per coin.

[Juggy777]

In an live interview with Yahoo Finance Coindesk Editor has boldly claimed that bitcoin will be hitting $1 million dollar per one bitcoin, and given the current market trends how realistic do you feel his statements is?. Also if you believe there’s a huge possibility of this being true, then what time frame would you speculate about seeing Bitcoin prices crossing this huge milestone.

Source:

https://finance.yahoo.com/video/believe-estimates-bitcoin-eventually-hit-201346367.html

[bbc.reporter]

@Juggy777. I would call that larping, however, presently witnessing that dogecoin is going to $1.00, I believe him hehehe. This is a crazy cryptospace market we have here. All fundamental analysis is thrown in exchange for the pump.

[stompix]

CoinDesk editor believes Bitcoin will hit 1 million per coin.

In other news, the Pope has declared that he believes in God!  

witnessing that dogecoin is going to $1.00, I believe him hehehe. This is a crazy cryptospace market we have here. All fundamental analysis is thrown in exchange for the pump.

Dogecoin madness is going to be a lesson for a lot of people, and not only because of the pump and dump, that's another thing.
A lot of altcoin losers a lot of people believing in the 2.0, 3.0, and 4.0 coins , in all the ICO, IEO, Defi and NFT should look at what coins is beating the crap in both gains and in that non-sense market cap statistics so may love to watch all day.
Coins with claims of revolutionary features, with so many advantages over BTC , with billions, poured in like EOS, NEO, DASH, TRON, ADA, all of them are trashed by a meme coin that is basically a litecoin clone with faster blocks, and that all, no defi no smart contracts no nothing, just a meme.
So if a meme is overpowering all that, doesn't it mean that everything else was also just a hyped pump and dumped?

I would love to see Doge claiming the number 3 spot so that people finally understand that what really counts long term are the basics, everything else below Bitcoin has always been just a pump on false promises that are turning to be worthless than a meme.

[Kong Hey Pakboy]

 The can believe whatever they want although it is a wishful thinking that bitcoin is going to reach 1 million USD per coin is pretty unthinkable because that means that the market cap is going to be the highest because it means tens of of trillions. Not to mention that what happens next when the prices arrived at that point.

[xSkylarx]

Is there someone going to buy it even before it reaches that price? For me I don't think it can reach that price even if its total supply are all mined. Imagine the price of 1 satoshi at $1m per bitcoin, many people would really become rich at that point. It is very early to tell if it will really happen or not because we are only at the beginning of mass adoption of bitcoin, if it does happen I think we are probably dead by that time.

[ice18]

In 3-5 years why not? Is there anybody here predicted last 2015 that bitcoin can reach $60k in 2021? Its almost impossible to predict in that year that it can reach this level but look at btc now? same today its looks like its impossible that it can reach $1m but the current crypto adoption from retail investors to institutional is really record breaking so I can say its not that hard to achieve it within few years. 

[Poker Player]

Is there anyone of us on this forum who owns bitcoin and does not believe the same?

He is talking about $1M after the next halving, which is what most predictions say. If we get pessimistic, we might think it will come after the 2028 halving but come it will, given the massive fiat printing and reduced supply of bitcoin.

[slapper]

$1mil is possible for bitcoin. It is the first cryptocurrency to be created and people care about it a lot. Capped at 21mil coins, bitcoin is created for decentralization and the freedom of will. Today, when more and more people consider cryptocurrency as a disruptive technology, bitcoin is beneficial a lot from various sources such as holders, whales, traders, newbies, and institutional investors. Even some offices of the government say they are holding bitcoin

$1mil may take a long period of time. My prediction is around 2026. Currently, bitcoin needs to increase 15 times to hit

[bitgolden]

In an live interview with Yahoo Finance Coindesk Editor has boldly claimed that bitcoin will be hitting $1 million dollar per one bitcoin, and given the current market trends how realistic do you feel his statements is?. Also if you believe there’s a huge possibility of this being true, then what time frame would you speculate about seeing Bitcoin prices crossing this huge milestone.

In my speculation the timeframe for $1million per bitcoin would be 2025 which means we need one more having to get enough demand to push bitcoin toward that big milestone. But to ensure that we must need to have final ATH of 2021 to be above $100k at least.

I am the one who have been continuously speculating about bitcoin value to be reaching above $1 million level in coming years but this is just based on the cyclic growth of bitcoin and not based on any of technical things. Halving and its FOMO are more than enough for anyone to speculate like this.

[Oshosondy]

In an live interview with Yahoo Finance Coindesk Editor has boldly claimed that bitcoin will be hitting $1 million dollar per one bitcoin

The first that should come to our mind is what the marketcap of bitcoin will be if its price has reached $1 million, I think bitcoin marketcap will approximately worth almost $20 billion dollars at the time. This marketcap is too large, it is very possible but it will take quite long period of time. As for me in my opinion, I believe bitcoin can reach such high price but it will take decades before it will happen. We need to have more discussions on how and when possible the price will first get to $100000 before any other higher price.

[leea-1334]

I am too lazy to open all these things to read but since when did Coindesk become somebody to be speaking to Yahoo Finance? I thought editors just edit now they are also price prediction experts ya?

Anyway 1 million of course why not. We saw DOGE become $50 cents from nothing so why not BTC times 20x to 1 million? so easy.

The question is not if but when;)

[btc_angela]

This is just another wild and educated guess. But looking back, early speculators didn't see that bitcoin can hit $1k and then we did. Then goes $10k-$50k, so we can see a pattern here. So who knows, the next big psychological mark is $100k and the probably in the next two or three halvings, we might see bitcoin hitting $1 million. So let's see how it goes, future looks bright, but we really need a lot of patience.

[Lucius]

This is just another in a series of "I believe that one day Bitcoin will be worth $1 million", but no one is saying how much that $1 million will actually be worth in terms of purchasing power - what is certain is that it will be worth much less than it is the case today. When asked when this will happen, our expert Leech says this "Can you give us a timeline on your prediction? Because that's a headline. It's a headline for sure. And I can't-- no, I don't know."

There is nothing sensational here, crypto is a hot story and everyone is scattered with numbers - the bigger the numbers the higher the viewership and the more clicks. I believe the price of Bitcoin can reach that magic number, but I don’t believe it can happen in this decade - unless central banks start buying it, and it gains digital gold status.

[davis196]

Is he the new John Mcafee?
This is just bullish wishful thinking.The price will never hit 1 million per BTC.Let's be more realistic and stay in the 100K-200K USD frame,when it comes to bullish price predictions.
I don't know what force would pump the BTC price to 1M USD?I can't imagine such financial power.
The US federal reserve buying Bitcoins?China buying Bitcoins?Global mass adoption of Bitcoin as a reserve currency?All 3 options seem pretty unrealistic.

[Gozie51]

Such is a high prediction though. I could have also said that anything is possible as people responded too but it is really a high range. Price is yet to get to $65k and $100k to overcome before climbing higher and getting to $1m , it is definitely a hard bridge to go through but we are still in crypto space. Dogecoin called meme but has taken crypto 4th position against all other big names 

[Fundamentals Of]

It is not realistic within my lifetime and I am not yet an old man. It is also possible the editor was not literal in saying the price of Bitcoin will be hitting $1 million. It could only mean the price will hit very high figures in the years to come, unexpectedly high.

It is of course possible that Bitcoin will hit $1 million but it is somewhat childish to speculate that madly. That is not objective speculation. I am more than sure the editor does not have a technical basis in saying so.

[target]

He isn't the first to have pronounced BTC to be $1M, John Macafee also said it which the guy now had gone mad. Article webzites often writes something for clickbait, they could even write $5M/BTC later.

Their youtube channel sometimes will write titles thats more intriguing but disappoints you in less than a minute of watching.

[arwin100]

In an live interview with Yahoo Finance Coindesk Editor has boldly claimed that bitcoin will be hitting $1 million dollar per one bitcoin, and given the current market trends how realistic do you feel his statements is?. Also if you believe there’s a huge possibility of this being true, then what time frame would you speculate about seeing Bitcoin prices crossing this huge milestone.

Source:

https://finance.yahoo.com/video/believe-estimates-bitcoin-eventually-hit-201346367.html

This is to much remember there is an article shared so the one I see there is a clickbait so that you will view his artivle created and gain traffic for just posting a wild guess about tge upcoming price of bitcoin.

Before we can reach that just imagine how big the amount bitcoin need to accumulate, we are still basing on supply and demands so better be realistic than expecting the crazy things to happen.

[Ararbermas]

In an live interview with Yahoo Finance Coindesk Editor has boldly claimed that bitcoin will be hitting $1 million dollar per one bitcoin, and given the current market trends how realistic do you feel his statements is?. Also if you believe there’s a huge possibility of this being true, then what time frame would you speculate about seeing Bitcoin prices crossing this huge milestone.

Source:

https://finance.yahoo.com/video/believe-estimates-bitcoin-eventually-hit-201346367.html

perhaps they say that because bitcoin becomes more impressive and valuable on this year than other assets, indeed it made new ATH and for this reason even me my self can say that also wherein without any specific information and theories about the future of growth rate. especially on this improvement of bitcoin? because it's really surprising and most of us celebrate that achievement for sure.. Wherein although despite that the fact still unpredictable due to some factors.

[South Park]

In an live interview with Yahoo Finance Coindesk Editor has boldly claimed that bitcoin will be hitting $1 million dollar per one bitcoin, and given the current market trends how realistic do you feel his statements is?. Also if you believe there’s a huge possibility of this being true, then what time frame would you speculate about seeing Bitcoin prices crossing this huge milestone.

Source:

https://finance.yahoo.com/video/believe-estimates-bitcoin-eventually-hit-201346367.html

Well this is not really that surprising do not you think? What I mean is that it is obvious that any person that has been around for long on this market is going to believe that bitcoin is going to reach fantastic prices, I do not know when bitcoin will reach that price and what exactly you will be able to buy with one million dollars at that point but that price is inevitable, however I do not believe it will be reached during this cycle and we will have to wait at least until the next cycle in order to see that price.