Can BTC rise to 1 million US dollars?

[Fundamentals Of]

15 years is a very long time. The possibility is open. But it is also equally possible for Bitcoin to remain less than half a million even after that long span of time. But I am not really interested whether it is possible for Bitcoin to rise to 1 million or not, I am more interested on what could possibly bring Bitcoin to that very high price. If the whole world is already accepting Bitcoin as payment, will it be enough for Bitcoin to rise that high?

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[michellee]

If BTC can rise to 1 million US dollars, I am sure all of us who have BTC will be happy because we will make a huge profit and have much money from our investment. But we never know when that will happen, but we still have much time to save more BTC before the price starts to increase so when the time comes, we can sell it at a high price.

Maybe that can happen in the next 5-15 years later so I think that will be enough to save more BTC in many ways. BTC itself will become mainstream after the price start to increase and break every high price.

[Reatim]

BTC has entered the second 4-year halving cycle and will rise to 1 million U.S. dollarsin the next 15 years. What do you think? Friends are welcome to discuss together.

next 15 years is far to achieve that 1 million dollar value finally. we've seen the increase from 20k in 2017 to 66k in 2021 4 years after and that is more than x3 , meaning in the following 4 years the price may increase to 200k and then 600k then a million in 10 years or less is achievable .
but of course , profit comes to those who waits  lol.

[Poker Player]

I think the absolute limit is the worth of global economy. It's currently worth 90 trillion dollars, and the projection for 2026 is 122 trillion.

You are confusing two things here, one thing is GDP, which is the income produced, and another thing is global wealth, which was around $420T last year.

The calculations that have been made when there are predictions that Bitcoin is going to reach $1M is because they assume that the market cap is going to absorb much of that global wealth (not income, not GDP) that was previously invested in other things and is going to move into Bitcoin. It only needs 20x, which would give $20T for the bitcoin market cap out of a global total of over $420T, so it is perfectly possible.

[SquallLeonhart]

next 15 years is far to achieve that 1 million dollar value finally. we've seen the increase from 20k in 2017 to 66k in 2021 4 years after and that is more than x3 , meaning in the following 4 years the price may increase to 200k and then 600k then a million in 10 years or less is achievable .
but of course , profit comes to those who waits  lol.

People will wait and people who do not want to miss out, will enter and start waiting along with those who are already waiting. This is the reason, I am seeing that getting into one million dollars is highly possible. It means that when more number of people start believing into higher value of bitcoins then it will happen for sure as things will favour in that directions. As of now people expect bitcoin to be testing anything between $100k to $400k and I guess it will be highly possible and we need to be patience to experience such price levels.

Basically I am the one who believe that bitcoin will value like 1 satoshi = 1 USD. This way one bitcoin will value 100 million. So, I am always positive about getting into one million dollars value per one bitcoins.

[Kadal Ijo]

7 years ago when I got to know bitcoin a lot of people believed the price of bitcoin couldn't get past $1000 again, but it can be passed, then people said bitcoin won't reach $10k, then it's over again, $1 million certainly can't be reached in a year or two , but I believe it can be achieved 5 years from now.

[GeorgeJohn]

BTC has entered the second 4-year halving cycle and will rise to 1 million U.S. dollarsin the next 15 years. What do you think? Friends are welcome to discuss together.

Bitcoin is not something we can predict it's price and stick on it, therefore I'm assuming that bitcoin price can be grow or decrease more than humans prediction, actually the life circle of bitcoin is moving directly depending on the year and also the level of people who in enroll in it, maybe before the specific time we assume or expect according to op yearly assumptions of time frame, bitcoin might be greater than (1 Million US Dollars) or come in contrary to it. So it depends and it doesn't rely on anyone's hands.

[beerlover]

One thing is for sure and many people knows this. It is not about "can" it is about "when" and we all know this and almost everyone agrees with this. Reality is that bitcoin may become 1 million dollars in 10 days, it could happen in 100 days, or it could happen in 1000 days, doesn't matter when it will happen because we all know that it will happen. That is why we should be focusing on what to do, if we are so sure about bitcoin becoming so high, then why not put all your money into crypto? I do, not just bitcoin but other stuff as well and I am waiting for it to make a profit. It may not make a profit right away in two minutes but I know that it will make a profit eventually.

[2double0]

I am very much interested in seeing btc in 6 figure before we talk million. We are expecting a parabolic run for btc based on stock2flow model, but we forgot that the more expensive it gets, the more harder it will be for us to accumulate it. And I noticed that the parabolic runs took place every 4 years since the first ever 'pump' in btc, so I think it will be 8-12 years based on the speed or if we see the stock2flow in works, it will be very early.

[Gozie51]

15 years actually is a long time and looking at the volatility for the year isn't going wrong on the speculation. $1million may be looking far to achieve but the time frame is also a longer time that waves of innovation, huge adoption news by more countries are eminent. Halving is also on the way that will further increase the volatility of bitcoin. Between the 2017 halving and the last halving in 2020, the volatility and price of bitcoin isn't the same now and that is how the halving will keep pushing price higher.

[rhomelmabini]

I think we should care first on the market cap increase year by year or during bull season and if there's data on that that will be the best to predict such price in the next 15 years. Not saying it isn't a thing and it's just few more push to get onto the 6 figure Bitcoin this year alone but a million is a huge feat unless there's some major catalyst that may happen.

Let's talk I guess the $100k before the $1M.

[bitterguy28]

BTC has entered the second 4-year halving cycle and will rise to 1 million U.S. dollarsin the next 15 years. What do you think? Friends are welcome to discuss together.

Fair enough to expect and no exaggerating , 10 years and bitcoin had reached 60k then maybe in the next 10-15 years a million dollar value per bitcoin may possible or even higher .
though still there are bitcoin remaining to be mined that year (2036 to be specific) but at least we will be seeing that 7 digits Bitcoin price

15 years actually is a long time and looking at the volatility for the year isn't going wrong on the speculation. $1million may be looking far to achieve but the time frame

then How long would it be ? 

[geegaw]

7 years ago when I got to know bitcoin a lot of people believed the price of bitcoin couldn't get past $1000 again, but it can be passed, then people said bitcoin won't reach $10k, then it's over again, $1 million certainly can't be reached in a year or two , but I believe it can be achieved 5 years from now.

Many people have elevated the status of bitcoin to the status of a saint in their hearts and in the face of claims related to this saint, they accept and believe unconditionally, maybe even turning the pages of history year by year, tell more about the factors as well as add the criteria for the million dollar value of bitcoin. But I personally think bitcoin is an inverted triangle, a pyramid that is inverted so that the tip is stuck in the ground, the construction of a new floor at the top will be heavier with each renovation and the feasibility on the upper floors will be lower while the coefficients of risk and collapse will be higher

[sana54210]

BTC has entered the second 4-year halving cycle and will rise to 1 million U.S. dollarsin the next 15 years. What do you think? Friends are welcome to discuss together.

Fair enough to expect and no exaggerating , 10 years and bitcoin had reached 60k then maybe in the next 10-15 years a million dollar value per bitcoin may possible or even higher .
though still there are bitcoin remaining to be mined that year (2036 to be specific) but at least we will be seeing that 7 digits Bitcoin price

I would say "no exaggerating" is a bit of an overstatement when we are talking about 1 million dollars. Sure in 10 years it could reach that level, it may reach that level even quicker as well, after all less than 20x left for that price, and we reach those levels not so difficultly. In march 2020 we were around 4k, and in April 2021 slightly over a year, we were at 64k, that is 16x. Right now price is 61k, if we did another 16x in a year (not saying it will, just giving an example) we would be at around 1 million anyway, 976k to be exact.

So, I agree that it is not impossible, crypto does stuff like this all the time and it could happen in 10 years, that is a long time. However we should not be expecting something like that to be common, just because something happened before doesn't mean that it will happen in the future as well.

[Pejoh Asu]

Could you be patient and hold so that the price of bitcoin can reach $ 1 billion, many analysts believe the price of bitcoin in the next 5 years will reach $ 1 milyar.

[wxa7115]

No it has peaked & with further government regulations coming it will probably start its descent to 3 digits. Governments aren’t going to allow bitcoin to go any further.

Tell us what is exactly what the governments of the world can do to reduce the demand of bitcoin to the point we go back to 3 digits? Do you think they waited until bitcoin became massive so they finally decided to act?

Truth is governments have been wanting to kill bitcoin since they became aware of its existence and they have failed, so it is safe to assume that if they could not kill it then then they cannot do it now, now it is true they could have developed new tools to try to do it, but if that is the case then the bitcoin developers will do the same and counter those new tools as well.

[SirLancelot]

BTC has entered the second 4-year halving cycle and will rise to 1 million U.S. dollars in the next 15 years. What do you think? Friends are welcome to discuss together.

One day or other bitcoin will surely value more than 1 million dollars and most people are already aware of that still they are not ready to hold their bitcoins but they pending it for some reasons. I mean people will keep on doing what they want regardless of how high bitcoin price will be attaining. It means how much profit they will be making out of bitcoin investment is the only thing most people are bothering rather than how peak price levels bitcoin will be getting is not at all a concern for most people here.

[Slow death]

the answer is: "it is impossible". sorry but in my opinion it is impossible to think about:

1 BTC = 1 Million Dollars

what would the marketcap of those 1 million dollars be like? I think it's impossible and shouldn't even dream of this price

[justdimin]

I would say "no exaggerating" is a bit of an overstatement when we are talking about 1 million dollars. Sure in 10 years it could reach that level, it may reach that level even quicker as well, after all less than 20x left for that price, and we reach those levels not so difficultly. In march 2020 we were around 4k, and in April 2021 slightly over a year, we were at 64k, that is 16x. Right now price is 61k, if we did another 16x in a year (not saying it will, just giving an example) we would be at around 1 million anyway, 976k to be exact.

So, I agree that it is not impossible, crypto does stuff like this all the time and it could happen in 10 years, that is a long time. However we should not be expecting something like that to be common, just because something happened before doesn't mean that it will happen in the future as well.

I would not say that it is uncommon neither, it is increase in price and that happens to crypto at all times. Look how we increased once again, look how ETH broke the ATH price once again, crypto is something that is quite easily predictable when you are investing; it will go up.

So, when you are considering a new investment, it is clear to me that you should only focus on what price it would go up to and not when it will fall or how much it will fall. Sure it may fall here and there but if you invest and wait long enough then you are going to be fine. I personally believe that we are not really seeing anything too bad for a while now, but even if we do eventually that just means more time for you to wait.

[darkangelosme]

BTC has entered the second 4-year halving cycle and will rise to 1 million U.S. dollarsin the next 15 years. What do you think? Friends are welcome to discuss together.

next 15 years is far to achieve that 1 million dollar value finally. we've seen the increase from 20k in 2017 to 66k in 2021 4 years after and that is more than x3 , meaning in the following 4 years the price may increase to 200k and then 600k then a million in 10 years or less is achievable .
but of course , profit comes to those who waits  lol.

Definitely the world of cryptocurrencies is a game of waiting, and like me it give a small profit from me from my tradings, and it much more in 15 years from now cause i think that is the time for Bitcoin to reach 1,000,000 USD.