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[STT]

Even with 10% inflation it will only add up over a decade to more like 100k target.   There is no given BTC goes to 7 figures, if anything its a more sound argument to say the price action slows down over time or at least the rate of growth is declining while still being impressive compared to any of the usual asset classes.
  Bitcoin has to justify itself and be entirely easy to use for wider population use, perhaps this happens or not I really dont agree it must.  The world will take whatever choice suits it best, that is very likely why we do eventually lose the dollar because its too self serving and not global enough to really be in the place it has been since ww2.   Whatever takes over will need to be fit for purpose in a far better way then what we've left behind; imo its not a singular path.

[TravelMug]

Even with 10% inflation it will only add up over a decade to more like 100k target.   There is no given BTC goes to 7 figures, if anything its a more sound argument to say the price action slows down over time or at least the rate of growth is declining while still being impressive compared to any of the usual asset classes.
  Bitcoin has to justify itself and be entirely easy to use for wider population use, perhaps this happens or not I really dont agree it must.  The world will take whatever choice suits it best, that is very likely why we do eventually lose the dollar because its too self serving and not global enough to really be in the place it has been since ww2.   Whatever takes over will need to be fit for purpose in a far better way then what we've left behind; imo its not a singular path.

Obviously the rise will have to face a slow down as certain point, it's going to be very difficult to reach at least $500k and then continue to grow in the rate of like 10-15 years to  double that price. And then as we slow down, we also have to look at where the source of the money so that we can double that up and reaches that 7 digits in the future. Also it's just the question of how we as bitcoin investors are going to stay in the market to wait for that to happen, 2030 and beyond.

[Silberman]

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

I agree, if it was not for the time limit if someone asked me if I thought that bitcoin will reach a price of one million dollars for each coin my answer will be an energetic yes, however with the time limit of 2030 then things are not as straightforward, as I think that bitcoin will need a very fast adoption rate to happen during the next years for that to be a possibility, and the only way I see this happening is if we saw hyperinflation all over the world.

[el kaka22]

if it was not for the time limit if someone asked me if I thought that bitcoin will reach a price of one million dollars for each coin my answer will be an energetic yes, however with the time limit of 2030 then things are not as straightforward, as I think that bitcoin will need a very fast adoption rate to happen during the next years for that to be a possibility, and the only way I see this happening is if we saw hyperinflation all over the world.

This is true, we do not know if it will be one million dollars because at the end of the day there is a time limit and 2030 is not as late as we imagine, I mean that is only 7.5 years in the future, closer than January 1st of 2015, even though it looks like it is closer it is not, 2030 is closer. This means that we can't really know how it will do in that short period of time and that matters a lot.

However, another thing we need to look at is the fact that we all know it will be a million dollars, we do not know when it will happen but we all agree that it will happen. That is nearly 25x increase, and how many other things can you name that you are so sure about a 25x increase?

[Webetcoins]

I agree, if it was not for the time limit if someone asked me if I thought that bitcoin will reach a price of one million dollars for each coin my answer will be an energetic yes, however with the time limit of 2030 then things are not as straightforward, as I think that bitcoin will need a very fast adoption rate to happen during the next years for that to be a possibility, and the only way I see this happening is if we saw hyperinflation all over the world.

How is inflation and the btc price related? or why can inflation up the price? I know that when there's an inflation, the price of the goods are rising but I heard this also leads for people to invest, is that what you guys mean?

More people will invest in btc the more/higher the inflation have become but be careful what you ask/wish for as hyperinflation can happen but isn't this a bad thing for the economy and the way we people live? Are we sure we need this only to see bitcoin reach that 1milion dollar that most of us are assuming? Why can't we just do it on a natural way without harming the innocent individual only for our own good. There will still be a demand for btc with or without inflations.

[Silberman]

I agree, if it was not for the time limit if someone asked me if I thought that bitcoin will reach a price of one million dollars for each coin my answer will be an energetic yes, however with the time limit of 2030 then things are not as straightforward, as I think that bitcoin will need a very fast adoption rate to happen during the next years for that to be a possibility, and the only way I see this happening is if we saw hyperinflation all over the world.

How is inflation and the btc price related? or why can inflation up the price? I know that when there's an inflation, the price of the goods are rising but I heard this also leads for people to invest, is that what you guys mean?

More people will invest in btc the more/higher the inflation have become but be careful what you ask/wish for as hyperinflation can happen but isn't this a bad thing for the economy and the way we people live? Are we sure we need this only to see bitcoin reach that 1milion dollar that most of us are assuming? Why can't we just do it on a natural way without harming the innocent individual only for our own good. There will still be a demand for btc with or without inflations.

I do not really look forward to live in a world in which every single country is going through hyperinflation but I think that is the inevitable conclusion of the fiat system, now how is this related? It is simple, during a period of hyperinflation while basic necessities become even more important, the way to acquire them remains the same, you have to exchange something for them and in such case the most sough asset under those conditions is a store of value, and bitcoin fits the definition of a sore of value which means that under those circumstances the price of bitcoin will skyrocket and outpace the hyperinflation we will go through at the time.

[Abiky]

How is inflation and the btc price related? or why can inflation up the price? I know that when there's an inflation, the price of the goods are rising but I heard this also leads for people to invest, is that what you guys mean?

More people will invest in btc the more/higher the inflation have become but be careful what you ask/wish for as hyperinflation can happen but isn't this a bad thing for the economy and the way we people live? Are we sure we need this only to see bitcoin reach that 1milion dollar that most of us are assuming? Why can't we just do it on a natural way without harming the innocent individual only for our own good. There will still be a demand for btc with or without inflations.

If you know a thing or two about "economics" you'll notice that inflation makes things go up in price at a fast pace. By logic, something that's scarce (such as Gold and Bitcoin) should be able to go up in price as demand increases like crazy. More demand = higher price in the short term. If demand continues to be high for Bitcoin, then it's probable it'll reach $1m by 2030.

I'd advise anyone to buy Bitcoin now while it's still "cheap" before it's too late. The current bear market made Bitcoin go below $40k of its latest ATH (which was around $60k). If you take advantage of this opportunity, you'll have the chance of becoming rich in the not-so-distant future. Ultimately, Bitcoin is all about utility (not the money). As long as you find it useful as an alternative to Fiat, nothing else matters. Just my thoughts