ㅤ

[Scripture]

But Ark Innovation ETF has performed poorly in the last 12 months:

12 months is not a proper time to consider investment returns over.   BTC has the same problem in that many are only interested so long as every month its going up or might still go up, if people lose sight of that instant return they depart as if thats the entire story.  This is not the baseline behavior for BTC base gains, its proven itself to be a long term asset surprisingly.

Let's give more time since we still have plenty of time to achieve the peak price and I'm also confident about the future with Bitcoin.
We are close enough to mine all the supply of Bitcoin, it can happen in the next 5 years or even on 2030 so we can expect an expensive Bitcoin. Long term trend is still good with Bitcoin, I'm excited in the coming years to see Bitcoin to rise again.

[dbc23]

We have seen Bitcoin make tons of new highs since it's innovation as far as 2009. By 2013 we should be expecting another massive mind blowing ATH. $1000 per BTC might be an accurate speculation going by the increase in both the adoption and investors who keep trooping into the p2p network of financial privacy

The market capitalization alone and the recent support zone that has been in a range trend for a while now is another clear indication that something massive is about to happen around bitcoin price and will be another shocker to non-investors

[Baofeng]

But Ark Innovation ETF has performed poorly in the last 12 months:

12 months is not a proper time to consider investment returns over.   BTC has the same problem in that many are only interested so long as every month its going up or might still go up, if people lose sight of that instant return they depart as if thats the entire story.  This is not the baseline behavior for BTC base gains, its proven itself to be a long term asset surprisingly.

True, sometimes you are tempted to sell and forgot your long term goal. For sure there are those who sell at an all time high last November. But if we look at the bigger picture, the returns could magnify if we are going to wait a little bit, just like in investing in stocks. Personally, I have stocks that I have been holding for the last 10 years and not willing to sell it even it if reaches a new high. Same with bitcoin, it could be the goal is to get to $1 million for some of us.

[fullhdpixel]

I'm glad that there are so many people who are still so optimistic about the future of bitcoin which makes me believe that bitcoin really is a must-have for every investor in their portfolio. I only agree that this is speculation, but does not rule out the possibility that $1M will be reached in the future.

I hope that after the 4 year cycle (halving) the bitcoin price can reach ATH 4 times higher than the previous ATH which will be an important factor in achieving greater returns. In the end $1M is possible, but I'm not sure about the timing.

What makes you think that the optimism of the people for bitcoin got lessen? sure there are lots of negativities that are happening lately but I don't think that will be the reason for their optimism to lessen. People are going to be more optimistic with btc because all negativities seem to not affect bitcoin and if ever there are some small effect, bitcoin is fighting it and its value will always recover.

This isn't just a normal speculation but there are proofs offered to back it. I forgot if when will be the next halving  but isn't it too much if you ask for a 4 times ATH? That never happens in the history of halving or btc. Greater returns can still be achieved with the current fluctuations or increase, it just takes some skills.

[onecall123]

I'm glad that there are so many people who are still so optimistic about the future of bitcoin which makes me believe that bitcoin really is a must-have for every investor in their portfolio. I only agree that this is speculation, but does not rule out the possibility that $1M will be reached in the future.

I hope that after the 4 year cycle (halving) the bitcoin price can reach ATH 4 times higher than the previous ATH which will be an important factor in achieving greater returns. In the end $1M is possible, but I'm not sure about the timing.

What makes you think that the optimism of the people for bitcoin got lessen? sure there are lots of negativities that are happening lately but I don't think that will be the reason for their optimism to lessen. People are going to be more optimistic with btc because all negativities seem to not affect bitcoin and if ever there are some small effect, bitcoin is fighting it and its value will always recover.

This isn't just a normal speculation but there are proofs offered to back it. I forgot if when will be the next halving  but isn't it too much if you ask for a 4 times ATH? That never happens in the history of halving or btc. Greater returns can still be achieved with the current fluctuations or increase, it just takes some skills.

That's exactly what I thought. I see a lot of speculation and people saying it will go up to $100k and even $1M, but I see that as just noise. The majority of Bitcoin believers are convinced that Bitcoin can succeed. Feel free to express your opinions, but be sure to provide reasoning for your opinions. If winner-take-all is the case, bitcoin will reign supreme. I personally will win big next ATH since I am doing HODL DCA. I really don't have any choice. Maybe it won't happen until the next halving, but who cares?

[el kaka22]

I see a lot of speculation and people saying it will go up to $100k and even $1M, but I see that as just noise. The majority of Bitcoin believers are convinced that Bitcoin can succeed. Feel free to express your opinions, but be sure to provide reasoning for your opinions. If winner-take-all is the case, bitcoin will reign supreme. I personally will win big next ATH since I am doing HODL DCA. I really don't have any choice. Maybe it won't happen until the next halving, but who cares?

I agree that having a lot of ATH would be a bit too naive to think these days, I mean it could happen time to time but not at all times but in the end we are going to be doing fine for sure. What I do not believe however is the fact that we could not really expect low things from bitcoin neither. We just need to realize the fact that bitcoin is a long term project and always goes up in the long term.

We just need to focus on the fact that in a few years we could be 100k+ and that could be something normal for us, we will get used to 100k eventually, then 300k, then 500k, we will get used to all of these and they will not be big numbers at one point. We just need time to get there.

[Johnyz]

Of course this is a realistic price, 2030 or 8 more years there will be a lot of big surprises, if the price of Bitcoin 8 years ago is under $ 100 and now around $ 40K means there is a 400x increase, and to reach a price of $ 1 million only needs a 25x increase and is very possible happens, even I'm optimistic that the price of $ 1 million can be reached more than 5 years.

Based on history, we always achieved new peak and I’m also confident for the future prices with Bitcoin, everything is possible to happen. Though bear market will always be part of the trend so expect that aiming for a huge price with Bitcoin will not be easy, the roller coaster trend will be there as well. $1 Million might be too much, but I know its possible to achieve in the right time.

[Captain Corporate]

Based on history, we always achieved new peak and I’m also confident for the future prices with Bitcoin, everything is possible to happen. Though bear market will always be part of the trend so expect that aiming for a huge price with Bitcoin will not be easy, the roller coaster trend will be there as well. $1 Million might be too much, but I know its possible to achieve in the right time.

 This is what maximalists forget. I do believe that 1+ million dollars will eventually happen but I also believe that it will mainly be something that happens very far down the road and it requires us to realize there will be plenty of bear markets along the way as well. So just because we believe that it will go up, doesn't mean that we should focus on buying more and more and more. Just focus on the drops, whenever it is in the bear market and crashes, just buy some more, since it will take long time before it is 1+ million dollars, that means you will have plenty of chances to buy at the bottom.

[el kaka22]

I do believe that 1+ million dollars will eventually happen but I also believe that it will mainly be something that happens very far down the road and it requires us to realize there will be plenty of bear markets along the way as well. So just because we believe that it will go up, doesn't mean that we should focus on buying more and more and more. Just focus on the drops, whenever it is in the bear market and crashes, just buy some more, since it will take long time before it is 1+ million dollars, that means you will have plenty of chances to buy at the bottom.

This is right, we will be 1+ million dollars but we will have a lot of down times along the way. The fact that people who are bullish on bitcoin buying at all times is basically saying they are fine by buying 1 bitcoin at 60k instead of buying 2 at 30k, the 1 million price would mean that it was a 1 million dollar worth of a mistake.

I am not saying that do not buy bitcoin, but people should focus on buying bitcoin when it goes down. If it is down a lot, then buying it would make sense. You can't buy at 5k again, that was once upon a time and now gone, but at the end of the day you could still wait for it to go down a lot, like a month ago.

[South Park]

I still think that $1 million per bitcoin is not only possible but also the start (it can go even higher). But I no longer can envision when.
The cycle seems to have been broken and the adoption rate has been disturbed. Previously the adoption rate has been rising constantly with jumps during the last months of the cycle (near bubble) and decreased a couple of months after it (bubble pop) but these days it seems to have slowed down while we neither had bubble nor bubble pop. At the same time we are hearing major adoption news like the case of legal tender in el Salvador that changed a lot of global perception.

I think we are in a new chapter in bitcoin market history and have to wait and see what trend is bitcoin going to follow in the coming years that would determine the projection for $1 mil target. It could be reached in 2 years too.

At some point the behavior of bitcoin had to change, after all it is not any longer a currency unknown to the public only used by a few adepts, now bitcoin is more popular than ever and during the pandemic people used bitcoin to protect themselves from the inflation they knew it was coming due to the monetary policies of governments around the world, so it is likely that during the next decade the movements of bitcoin will become milder with no massive bull run or crash, and instead we see a more solid yearly growth which could allow us to reach the target of one million for each bitcoin at some point in the future.

[Abiky]

This is right, we will be 1+ million dollars but we will have a lot of down times along the way. The fact that people who are bullish on bitcoin buying at all times is basically saying they are fine by buying 1 bitcoin at 60k instead of buying 2 at 30k, the 1 million price would mean that it was a 1 million dollar worth of a mistake.

I am not saying that do not buy bitcoin, but people should focus on buying bitcoin when it goes down. If it is down a lot, then buying it would make sense. You can't buy at 5k again, that was once upon a time and now gone, but at the end of the day you could still wait for it to go down a lot, like a month ago.

Most people are often driven by greed, so they'll invest as soon as prices go all the way to the moon. It's not a very smart move, because you can end up losing it all once a market correction takes place. The moment to buy Bitcoin is now when the market is bearish. I have no hurry in seeing Bitcoin go to $1m as long as it delivers as promised. Decentralization/censorship-resistance is what it's all about (not getting rich quick).

2030 is right around the corner, so it's likely Bitcoin will reach a new All-time-high by then. $1m or not, Bitcoin will be here to stay. Just my opinion

[retreat]

Of course this is a realistic price, 2030 or 8 more years there will be a lot of big surprises, if the price of Bitcoin 8 years ago is under $ 100 and now around $ 40K means there is a 400x increase, and to reach a price of $ 1 million only needs a 25x increase and is very possible happens, even I'm optimistic that the price of $ 1 million can be reached more than 5 years.

Bitcoin 8 years ago was not as well-known as it is now, let alone recognized as a currency by a country but now it is different and what will happen in the next 8 years? surely half the world already invested in Bitcoin. there's really nothing we're after, I'd rather see the price of Bitcoin slowly rising to $ 1 million than too fast (under 6 years).

[Verify_password]

maybe 2030 doesn't feel like long for someone planning to invest for the long term.
whatever happens. I have invested in bitcoin with capital I can afford to lose $200 and I will not change HOLD strategy for 2030.

[alisonwonder]

Agree With Speculation From ARK , some points that I got from this article strengthen my argument BTC will reach $1,000,000 in 2030. Every BTC Halving always record new ATH and record market capitalization. Well, some reputable sources that I read mentioned that BTC will be an investment for everyone in 2025 because the mass adoption of BTC in all sectors will grow day by day.  Maybe this thread will be an interesting spectacle in 2030.

[crzy]

maybe 2030 doesn't feel like long for someone planning to invest for the long term.
whatever happens. I have invested in bitcoin with capital I can afford to lose $200 and I will not change HOLD strategy for 2030.

This is your willingness to hold and take the risk, no one can stop you from this and since its Bitcoin, I can support you on this one. Look at the long term chart of Bitcoin, the price is still climbing going up and in the next decade, most probably $1M are more possible to hit. I believe in the future, and I’m also willing to hold at least a good amount of Bitcoin for my future goals, 2030 will be a great year if you believe on it.

[barbara44]

Of course this is a realistic price, 2030 or 8 more years there will be a lot of big surprises, if the price of Bitcoin 8 years ago is under $ 100 and now around $ 40K means there is a 400x increase, and to reach a price of $ 1 million only needs a 25x increase and is very possible happens, even I'm optimistic that the price of $ 1 million can be reached more than 5 years.

Bitcoin 8 years ago was not as well-known as it is now, let alone recognized as a currency by a country but now it is different and what will happen in the next 8 years? surely half the world already invested in Bitcoin. there's really nothing we're after, I'd rather see the price of Bitcoin slowly rising to $ 1 million than too fast (under 6 years).

The approach in the big nations changed as well. Plenty of big nations either banned it or did not have any laws about it. Today we have Coinbase, which is one of the biggest exchanges in the entire world, being listed on stock market of the USA, which is a big big move. People forgot about that, and did not realize how big of a deal that is.

When a company dealing in crypto gets listed in the USA stock market, that is the biggest proof you need that crypto is as legal as it gets and can't get any more legal than that. And this happened in the USA, one of the if not the richest nation in the world. So do not assume anything will go badly, it will definitely go greatly.

[TheGreatPython]

Just be realistic, don't get your hopes up high, if you believe buy Bitcoin, if not don't buy it,
2030 is still a long time away, we should focus on this year and 2023,

because if this year Bitcoin is able to end its bulls at a price of more than $100k ,
then I can still be sure that $400k can be achieved at the next halving

It's not bad to daydream sometimes. we can imagine only imagine if how much our profit will be by the time btc hit 1m or what stuffs can we buy with it, etc but once we are done, we can go back again on the current situation. Our short-term expectation for now if when will btc hit $100K.

This one is more realistic because btc already touch $68k last November 2021. Imagine if the price stays consistent I think we are already seeing $100k or more right now. The next halving date is on 2024, we still have 2 years and I think the btc value will be at $200k or more before the event so 400k is also going to be possible by the time halving has done.

[wxa7115]

Just be realistic, don't get your hopes up high, if you believe buy Bitcoin, if not don't buy it,
2030 is still a long time away, we should focus on this year and 2023,

because if this year Bitcoin is able to end its bulls at a price of more than $100k ,
then I can still be sure that $400k can be achieved at the next halving

I think it is important to have several goals at different time frames, after all it would be a mistake to tell a young person to not think about their future decades away from now as this will create a thinking process only interested in the here and now.

So while it is important to concentrate ourselves on what it is happening in the market right now, it is also important to consider what will happen to bitcoin during the next decades, and I think that even if bitcoin failed to reach the goal of the OP by 2030 I think it is reasonable to think we may get close to it during the next 8 years.

[thecodebear]

I think $1 million in 2030 is a good estimate. Generally I think it could be as high as $2 million if the masses actually get educated about it and all the "scam, fraud, for criminals, tulips, bad for the environment, old tech" nonsense gets killed off in the popular consciousness by then. On the low end if the masses by and large keep up those false beliefs I'd say it might only be like $500k or so. And $1 million is a realistic middle ground I think to close out the decade.

Right now you've got the environmental/ESG crowd operating under a false belief when it comes to Bitcoin's relation to energy and mining, you've got Gold people antigonistic against it because they don't want it to replace gold, you've got the average unbiased person just saying it isn't used for anything and not understanding that use as a currency is something that it grows into, you've got the biased people who just buy into the fear about it being for criminals or going to zero or is a scam or whatever, you've got institutions wary of getting in at the wrong time on a short term time scale because of its volatility, and you've got governments and politicians scared of its disruptive power as a monetary force. There needs to be a ton of education and changing of minds on all those fronts this decade to see it be over $1 million by 2030. Hopefully this will be the decade in which Bitcoin goes from being horrendously misunderstand by the masses to at least decently understood and accepted as a good thing by all but extremists. If so, then for sure it'll be 6 digits when the decade ends.

[macson]

Just be realistic, don't get your hopes up high, if you believe buy Bitcoin, if not don't buy it,
2030 is still a long time away, we should focus on this year and 2023,

Bitcoin price potential can't just rely on realistic thoughts alone.  if we go back to 2017, do you believe the price of Bitcoin will touch $60k in the future?  Bitcoin price is always full of mystery, and i personally believe BTC at a price of $1 million/BTC will definitely happen.