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[South Park]

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).

While it is impossible to know accurately how many people have invested in bitcoin, it is speculated that only 100 million people have done so, now assuming that number is close to the truth then it means that now we have a full country of people using bitcoin, and while that is great it also indicates the huge potential for growth that bitcoin still has, if half of the population around the world actually used bitcoin then one million dollars for each bitcoin could be even a low estimate and the price could be way higher than that.

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[Woodie]

2030 is a long time, and looking at how the numbers are looking in terms of bitcoin price the projections might be nowhere near this million dollar because so many external factors happening today keep pulling bitcoins momentum....but with the halving around the corner and almost all the 21 million bitcoins being mined,I suppose $200k is more realistic.

[Welsh]

The thing is this has been speculated about since Bitcoin became highlighted in mainstream media, so a whole bunch of people, businesses, and so called experts have been throwing numbers around, pretty meaninglessly. I know that speculation can be fun, however putting a number, and a time limit on things is just silly. I prefer the method of; Bitcoin will continue to increase in the long term, price volatility as time goes on will decrease, and the adoption rate due to the price volatility problem being largely mitigated.

That's something you can almost be sure of, if things carry on going the way they are. However, Bitcoin reaching a million by 2030? Its impossible to say, even if you throw as much figures, and data at it as possible, its also very likely that it doesn't follow the same path is has for ten years, for the next ten years. There will always be variance, and the attitude towards Bitcoin still on a government level is probably rather hostile, which could potentially effect the growth of Bitcoin in the years leading up to this prediction deadline. In other words, there's too many factors that you couldn't possibly predict, and therefore putting a deadline, and a exact figure on it is pointless, and very much meaningless.

[Abiky]

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.

As they always say, "the sky is the limit". If Bitcoin reached new All-time-highs over time, then it's probable it'll be worth $1 million sometime in the future. 2030 is right around the corner so anything can happen. How fast or how slow Bitcoin will rise towards $1m will greatly depend on Fiat's inflation rates, and market demand for the pioneer cryptocurrency itself.

I'm in no hurry to see Bitcoin reach the designated milestone as long as it works as intended. Who knows what the future holds for the crypto/Blockchain industry in general? Just my opinion

[yohananaomi]

if we want to look at the market capitalization, bitcoin still represents a small part of global assets. all could be significant changes and will likely increase when countries adopt it as legal tender, and that is not something impossible and will continue to happen rapidly.
Based on that, it doesn't hurt that a lot of information already exists about bitcoin's increase from year to year and it's not even impossible that bitcoin could reach $1 million by 2030. investment company ARK, estimates that Bitcoin's price may exceed $1 million by 2030.

[Semar Mesem]

Many people say it is impossible if the price of bitcoin can reach $ 1 million in 2030 or 8 years from now, when I got to know bitcoin in 2014 when it dropped from $ 1300 to below $100 many people also said it was impossible for the price of bitcoin to get back to $ 1000 again, even when in 2018 when the price of bitcoin dropped below $ 5000 also many people said it was impossible to get back above $ 10k again.

[DOH!]

Check it out. https://www.buybitcoinworldwide.com/how-many-bitcoins-are-there/
Only ~~2 million bitcoins unidentified.  In that context, $1 million for bitcoin by 2030 is actually viable.  The reality also shows that bitcoin is becoming more and more important to the world in any impact.  Unprintable Bitcoin is how its possibilities become endless!

[arwin100]

Check it out. https://www.buybitcoinworldwide.com/how-many-bitcoins-are-there/
Only ~~2 million bitcoins unidentified.  In that context, $1 million for bitcoin by 2030 is actually viable.  The reality also shows that bitcoin is becoming more and more important to the world in any impact.  Unprintable Bitcoin is how its possibilities become endless!

Its really viable since we know that bitcoin got limited supply and if majority of the world in that timespan will use bitcoin as this was announce as legal tender on most of the country. So lets hope that no sudden events which can lead bitcoin to fall unexpectedly and see only some good adoption so that we can really see the price speculated to show up in that year.

[Baofeng]

Check it out. https://www.buybitcoinworldwide.com/how-many-bitcoins-are-there/
Only ~~2 million bitcoins unidentified.  In that context, $1 million for bitcoin by 2030 is actually viable.  The reality also shows that bitcoin is becoming more and more important to the world in any impact.  Unprintable Bitcoin is how its possibilities become endless!

Everything is possible, specially that supply is getting limited every 4 years. And we will have  like 2 halvings around that time, and the way bitcoin is getting adopted by government and institutions and whales and retail investors, we could get that 7 figure. And if you are a wise investors, the best thing to do right now is to continue to accumulate overtime and who knows, maybe you can save enough till 2030 that you can secure because of the possible profit that you will have to make if the prices reaches $1 Million.

[Pesona1]

Brave claim. Bitcoin in 8 years at $1 million. Although in this booming industry, you can expect anything. Few people in 2011 thought that bitcoin would reach $1,000, for example. Last year, bitcoin was able to reach a trillion dollar capitalization and its value was almost $70,000. Bitcoin adoption continues its expansion and over these 8 years we can expect 2 more full-fledged market cycles (growth-fall-recovery-accumulation), and if you consider, that with each cycle, bitcoin has grown in price several times, then there are, of course, prerequisites for such a development of events, described in ARK Invest.

Who thinks about this?

Isn't that too far for us to predict?
In my opinion, let alone 2030 for the next year alone it will be very difficult for us to predict prices, because there are indeed many factors that greatly affect the price of bitcoin in the market and in my opinion there are no benchmarks or references that strengthen to estimate prices accurately.

[ethereumhunter]

That's still eight years away and much more. Bitcoin in that year could be at any number we will never know. But the price of bitcoin in 2030 may be $ 1 million or even higher because bitcoin does have the potential to increase. But to get to that number will probably require more support from various countries and the demand from people to own bitcoins is also getting bigger. And before the price rises higher, we better continue to collect more bitcoins from now on so that we are not too late to enjoy the results in the next few years.

[ShowOff]

The thing is this has been speculated about since Bitcoin became highlighted in mainstream media, so a whole bunch of people, businesses, and so called experts have been throwing numbers around, pretty meaninglessly. I know that speculation can be fun, however putting a number, and a time limit on things is just silly. I prefer the method of; Bitcoin will continue to increase in the long term, price volatility as time goes on will decrease, and the adoption rate due to the price volatility problem being largely mitigated.

Welsh, I tend to agree with this opinion although speculation cannot be considered 100% correct. Everyone can place numbers based on "Technical or Fundamental analysis", but in the end the analysis also cannot guarantee future prices. Obviously they also don't have a crystal ball in their hands so we shouldn't believe anything even if it's still possible in the long run.

Considering increased adoption leading to lower volatility will allow prices to rise higher in the future. But I don't think we can pinpoint when it's time to see that $1 million reality happen.

[wxa7115]

Brave claim. Bitcoin in 8 years at $1 million. Although in this booming industry, you can expect anything. Few people in 2011 thought that bitcoin would reach $1,000, for example. Last year, bitcoin was able to reach a trillion dollar capitalization and its value was almost $70,000. Bitcoin adoption continues its expansion and over these 8 years we can expect 2 more full-fledged market cycles (growth-fall-recovery-accumulation), and if you consider, that with each cycle, bitcoin has grown in price several times, then there are, of course, prerequisites for such a development of events, described in ARK Invest.

Who thinks about this?

Isn't that too far for us to predict?
In my opinion, let alone 2030 for the next year alone it will be very difficult for us to predict prices, because there are indeed many factors that greatly affect the price of bitcoin in the market and in my opinion there are no benchmarks or references that strengthen to estimate prices accurately.

It is true that it is difficult to predict what will happen during the short term when it comes to the price of bitcoin, which could make it seem impossible to predict what could happen 8 years from now, however it is not as impossible as you may think.

After all a similar thing happens with the weather, in which it is incredibly difficult to predict what it may happen tomorrow, however if we take a look at the weather tendencies during the last thousands of years and we make projections based on that then it is not as difficult to see the overall tendency the weather may have during the next one hundred years.

[wozzek23]

This is definitely something that I dream about, but we will never know when it will happen. I am not saying that it won't happen, don't get me wrong here but it is something we will never know when it will happen.

Bitcoin is such a crazy thing that by 2025 when the next cycle after the halving happens we may see 1 million dollars, or maybe the max it reaches will be 200k? Who knows what will happen and which level we will reach. However, I am quite happy that we are doing fine right now and even if it is not 1 million dollars, everyone agrees that it will be higher than what it is today. This is what we are focusing on right now and should keep on focusing.

[batang_bitcoin]

This is definitely something that I dream about, but we will never know when it will happen. I am not saying that it won't happen, don't get me wrong here but it is something we will never know when it will happen.

The same as you, it's part of my dream to see bitcoin goes to that price and hopefully by that time I still have at least 1 bitcoin on hold.

Bitcoin is such a crazy thing that by 2025 when the next cycle after the halving happens we may see 1 million dollars, or maybe the max it reaches will be 200k? Who knows what will happen and which level we will reach. However, I am quite happy that we are doing fine right now and even if it is not 1 million dollars, everyone agrees that it will be higher than what it is today. This is what we are focusing on right now and should keep on focusing.

It's full of surprises and we're all optimistic with it based on the experience that we have. But it's also worrying at the same time because everyone is becoming bullish and what could happen might be the opposite of it. Just as what Warren Buffett is telling about others of being greedy and fearful.

[wxa7115]

This is definitely something that I dream about, but we will never know when it will happen. I am not saying that it won't happen, don't get me wrong here but it is something we will never know when it will happen.

Bitcoin is such a crazy thing that by 2025 when the next cycle after the halving happens we may see 1 million dollars, or maybe the max it reaches will be 200k? Who knows what will happen and which level we will reach. However, I am quite happy that we are doing fine right now and even if it is not 1 million dollars, everyone agrees that it will be higher than what it is today. This is what we are focusing on right now and should keep on focusing.

Another aspect that makes bitcoin difficult to predict is that bitcoin is not in a bubble, basically bitcoin is part of the economic system and as such it does not move in isolation and it is affected by external factors, like the pandemic or the war at Ukraine.

And one factor that could accelerate massively the rate at which bitcoin grows is the inflation we are seeing all over the world, we are seeing already the first signs that the world economy is in trouble and governments are still hesitant about what to do as they understand very clearly they are in trouble, so if inflation went out of control people will look for a way to store their wealth and bitcoin will be a good option to do this under those circumstances.

[dunfida]

This is definitely something that I dream about, but we will never know when it will happen. I am not saying that it won't happen, don't get me wrong here but it is something we will never know when it will happen.

Bitcoin is such a crazy thing that by 2025 when the next cycle after the halving happens we may see 1 million dollars, or maybe the max it reaches will be 200k? Who knows what will happen and which level we will reach. However, I am quite happy that we are doing fine right now and even if it is not 1 million dollars, everyone agrees that it will be higher than what it is today. This is what we are focusing on right now and should keep on focusing.

8 years from now and trying to figure and speculate on what things that might happen in the future or on that time then no one really knows but speaking with 1M per coin is something that unrealistic and dont know

on why there are people who do really consider out that these probabilities could really happen.Well, i could not blame off on how people are being too optimistic when it comes to its price.
Bitcoin had never failed for us to be amaze on things that it do able to reach out milestones that we didnt even expect for it to be reach out but lets see on what would happen.

[bocyaj]

Yes ,it was a huge expected one of the traders who brought at the value of 50k dollars.Because they buy at the high value,by considering it will reach of 80k dollars.Even they will get profit,only if they wait for next year.Because huge new people had reached the crypto,the next one is the demand of crypto reach twice as compared to now and the price too doubled.

[Abiky]

if we want to look at the market capitalization, bitcoin still represents a small part of global assets. all could be significant changes and will likely increase when countries adopt it as legal tender, and that is not something impossible and will continue to happen rapidly.
Based on that, it doesn't hurt that a lot of information already exists about bitcoin's increase from year to year and it's not even impossible that bitcoin could reach $1 million by 2030. investment company ARK, estimates that Bitcoin's price may exceed $1 million by 2030.

With how fast inflation is increasing, it's very likely Bitcoin will reach $1m by 2030. It's not a matter of "IF" Bitcoin will reach $1m but rather "WHEN" it will reach the designated milestone. We should continue to grow our stack of Bitcoins before that happens. If you're smart, you'd buy more Bitcoin during a bear market as that's when prices take a massive downfall. Bitcoin's been the best-performing asset of all time, so I wouldn't be surprised if it goes way beyond just $1m.

All in all, predictions are predictions. What matters is Bitcoin's usefulness as decentralized cryptocurrency no one can stop. As long as it stays that way, it'll be able to last a lifetime. Just my opinion

[kawetsriyanto]

With how fast inflation is increasing, it's very likely Bitcoin will reach $1m by 2030.

Yep. Fast inflation can be one of the reasons besides other factors such as the Bitcoin adoption and how many top people/companies join Bitcoin investment. Being a legal tender, invested by a big company like Tesla, and considered as the most effective currency for donation, are very optimistic signs that Bitcoin will increase its value constantly. People will continuously buy Bitcoin massively because of its varied advantage, more than any other currency. Also, the agenda of halving schedule, becomes another factor to rise up BTC price again.

All in all, predictions are predictions.

Prediction remains a prediction, no guarantee it happens as expected.
However, many indicators lead us to assume Bitcoin possibly reaches that price in the next 8 years.