Michael Saylor predicts Bitcoin can go to $5 million?

[milewilda]

This really shouldn’t even be a headline. It isn’t a shocker that a guy with tons of BTC who owns a company that is heavily invested in BTC thinks the price will go up an astronomical amount. Imagine how much money he would be worth if that did happen. To me it is a little far fetched to think that could happen, but I guess anything is possible when the government can print dollars.

He might already sold all his bag once the price is near the 100K mark. 

I’m following Saylor Twitter because of his good insight about crypto but his post related ro price prediction is kinda a major turn off since everyone knew that he holds huge bag like what you said and his tweets sounds like someone promoting the coin so that he can dump all his coins.

Well, that how these big players or fellas do often do on which on the time that they had already filled up their bags then this is the time that they would really be starting on throwing out those positive sentiments or to those unrealistic numbers and trying out to hype things up and trying to lure in people or investors to buy and i do completely agree with this post of yours that he might already selling his bag on the time that it would hit $100k.
This is why its never been that something that ideal or appealing whenever these people do make out those kind of positive approach specially on numbers which arent really that realistic at all.
Speaking about on realistic approach that we did even have that a hard time on breaking that $30k , how much more on breaking those millions of  dollars? Im not really that skeptical when it comes on Bitcoin potential
but it wont really be that a bad thing that we should really be sticking into those realistic numbers so that you wont really be making yourself that delusional.

[South Park]

Whether it is fake news or legit doesn't make any difference because it is a random statement by a "random" person not a prediction or even a half decent speculation. Everyone knows that bitcoin price will go on and will surpass a million eventually specially as fiat keeps dumping but the real question that nobody can answer is when.

And the funny thing of all of this is that if you are an investor there is no point at all on worrying about when such a price could be reached, what matters is your ability to hold your coins under difficult circumstances and nothing more, as in that way even if bitcoin were to reach such a price on a decade you will still be able to take advantage of such a movement, the only ones that need to care about when such a price can be reached are those that trade the markets as they may not be able to take an early position to take advantage of that movement due to the inherent nature of trading.

[Ndabagi01]

This is according to cryptonews media bitcoinlfg.com' Twitter account. However, I do not see this shared or reported on any of the other cryptonews media websites. Is this fake news or does Michael Saylor need to promise that he will eat his dick on national television to get this prediction more attention hehehhee.

I'm not sure what Micheal Saylor is like in terms of personality. However, as an entrepreneur and the CEO of Microstrategy, his prediction will garner a lot of attention, and many people may want to invest in bitcoin as a result of his comment. People always perceive of entrepreneurs as future thinkers, thus his prediction will not be an exception to that notion.

What many individuals do not realise is that celebrities and influential people frequently advocate something in order to get recognition and money. It makes no difference who promotes a course or project, always conduct thorough investigation and seize the bull by the horns if it has been demonstrated to be profitable through research. Regarding his prospects for bitcoin, getting to that level is not yet ascertained, perhaps when a new ATH is established following the bull run, it can be anticipated to reach that amount later in the future.

[el kaka22]

I feel like it may happen but won't happen anytime soon. I do not know if my time will be enough to see this happening, I think it is going to be something that matters on the long term and the result could be very different. I hope that it gets to a point where it needs to be something that will prefer that in the end. I know that it will not get to a point where it gets to be specifically better or worse, but that is just how it is for the long term.

I believe that in the next 30 years or so, we will not see it reach that level and we should be considering it as a possibility. I hope that we could end up with a good or even great result, which should be doing fine in the end and could result better.

[BitcoinPanther]

I feel like it may happen but won't happen anytime soon. I do not know if my time will be enough to see this happening, I think it is going to be something that matters on the long term and the result could be very different. I hope that it gets to a point where it needs to be something that will prefer that in the end. I know that it will not get to a point where it gets to be specifically better or worse, but that is just how it is for the long term.

In the future and possibility, everything had a chance to happen but we do not know if it will become a reality.  I am also looking forward for Bitcoin to reach such price, the $5M per Bitcoin but it looks like it is just a wishful thinking right now.  Bitcoin price doesn't even reached $100k so this kind of price prediction can be called insanity for now.

I believe that in the next 30 years or so, we will not see it reach that level and we should be considering it as a possibility. I hope that we could end up with a good or even great result, which should be doing fine in the end and could result better.

I do not think it will happen in the next 30 years.  Looking at the percentage decline of the gain of Bitcoin in each recorded 4-year cycle all time high price,  I think it needs more than 30 years to reach even $2.5m.

[Oilacris]

I feel like it may happen but won't happen anytime soon. I do not know if my time will be enough to see this happening, I think it is going to be something that matters on the long term and the result could be very different. I hope that it gets to a point where it needs to be something that will prefer that in the end. I know that it will not get to a point where it gets to be specifically better or worse, but that is just how it is for the long term.

In the future and possibility, everything had a chance to happen but we do not know if it will become a reality.  I am also looking forward for Bitcoin to reach such price, the $5M per Bitcoin but it looks like it is just a wishful thinking right now.  Bitcoin price doesn't even reached $100k so this kind of price prediction can be called insanity for now.

I believe that in the next 30 years or so, we will not see it reach that level and we should be considering it as a possibility. I hope that we could end up with a good or even great result, which should be doing fine in the end and could result better.

I do not think it will happen in the next 30 years.  Looking at the percentage decline of the gain of Bitcoin in each recorded 4-year cycle all time high price,  I think it needs more than 30 years to reach even $2.5m.

Even reaching $1M is already that something delusional or something that have that extreme wishful thinking on which if we do base up on its current movement or in every cycle then it is really hard to believe that it would really be able to reach out even on 30 year period but its true that there's no one on this world would be able to know on what would gonna happen on which it is why that we cant really be having that conclusive approach when it comes to price yet we know that its never been that impossible knowing that crypto market is still a decade old and there still tons of potential for its value to rise into those peaks. For those who had invested then better not to make yourself that too optimistic.

Be careful on what these people been proclaiming or shilling out because these known people are really that been obviously trying out to raise the market price as to assume
that they had already bought at the bottom and just trying to make things up.

[AmoreJaz]

I feel like it may happen but won't happen anytime soon. I do not know if my time will be enough to see this happening, I think it is going to be something that matters on the long term and the result could be very different. I hope that it gets to a point where it needs to be something that will prefer that in the end. I know that it will not get to a point where it gets to be specifically better or worse, but that is just how it is for the long term.

In the future and possibility, everything had a chance to happen but we do not know if it will become a reality.  I am also looking forward for Bitcoin to reach such price, the $5M per Bitcoin but it looks like it is just a wishful thinking right now.  Bitcoin price doesn't even reached $100k so this kind of price prediction can be called insanity for now.

I believe that in the next 30 years or so, we will not see it reach that level and we should be considering it as a possibility. I hope that we could end up with a good or even great result, which should be doing fine in the end and could result better.

I do not think it will happen in the next 30 years.  Looking at the percentage decline of the gain of Bitcoin in each recorded 4-year cycle all time high price,  I think it needs more than 30 years to reach even $2.5m.

realistically speaking, such price is still very very far from happening. it may happen in the future but you will go crazy if you will try to overthink on this. so better look for the next 2-5 years and plan what to do with your portfolio.
the prediction may be positive, but look at how you will do in the next couple of months and see how you can improve your portfolio.

[Mr.suevie]

This is according to cryptonews media bitcoinlfg.com' Twitter account. However, I do not see this shared or reported on any of the other cryptonews media websites. Is this fake news or does Michael Saylor need to promise that he will eat his dick on national television to get this prediction more attention hehehhee.



BREAKING
Billionaire Michael Saylor Predicts that Bitcoin is Can Hit $5 million dollars.

Source https://twitter.com/bitcoinlfgo/status/1700981076389413281

That's the joy of the crypto market, as no one can predict it so, so many people can say what ever they want because it's very volatile and unpredictable so Micheal saylor predicting that bitcoin will hit 5million is actually normal. Well for my own opinion I don't actually feel his speculation will come true although am also speculating the price but it would be beneficial if bitcoin can actually hit this price .

[jossiel]

While the future is unpredictable and Bitcoin is volatile, to sum it up from people like him who invests constantly in Bitcoin together with his company.

It is no doubt that he's looking like a salesman trying to say to people that they should buy. But they cannot question that when he's putting money where his mouth is.

A million, $5M or even more is possible on a highly volatile asset like Bitcoin.

[JoyMarsha]

Since there is no set date for when bitcoin will hit $5 million, I believe I can agree with Michael's prediction that it will happen eventually. Time and patience are what it will need, nothing more.

Even though I think $5 million is attainable in years to come, it will seem strange for anyone to expect a price of $500k or more right now and not to consider a price above $1 million. Looking at the price of bitcoin right now, just a million-dollar price is far too far away for bitcoin to ever achieve such a price.

[Dave1]

Since there is no set date for when bitcoin will hit $5 million, I believe I can agree with Michael's prediction that it will happen eventually. Time and patience are what it will need, nothing more.

Even though I think $5 million is attainable in years to come, it will seem strange for anyone to expect a price of $500k or more right now and not to consider a price above $1 million. Looking at the price of bitcoin right now, just a million-dollar price is far too far away for bitcoin to ever achieve such a price.

It's just a question of when we are going to hit that magical price.

And because as bitcoin become scarce in the future and there is a huge demand for it, obviously, we will see $100k next (maybe this bull run cycle), and then $1 million and higher to the point of getting into the $5 million range. So just a couple of block halving and we will be there for sure.

[mvdheuvel1983]

If you frequently scream ludicrous things to the public to hopefully get your investment a lot of attention, at some point, people will get tired of your craziness and you'd get a lot less attention as time goes. This is a perfect example of this lol. He might as well say that Bitcoin cures cancer of something that deranged.

Exactly.
He should make up his mind. He's on the internet every other day making predictions for Bitcoin price. I like the man and genuinely have nothing against him however I think he should tone down on alm these predictions. It is very clear for the world to see that Bitcoin is going up, you know it, I know it, even those who want Bitcoin dead know it. Maybe he's making all these predictions to keep the minds of his shareholders are rest.

[DanWalker]

Since there is no set date for when bitcoin will hit $5 million, I believe I can agree with Michael's prediction that it will happen eventually. Time and patience are what it will need, nothing more.

Even though I think $5 million is attainable in years to come, it will seem strange for anyone to expect a price of $500k or more right now and not to consider a price above $1 million. Looking at the price of bitcoin right now, just a million-dollar price is far too far away for bitcoin to ever achieve such a price.

It's just a question of when we are going to hit that magical price.

And because as bitcoin become scarce in the future and there is a huge demand for it, obviously, we will see $100k next (maybe this bull run cycle), and then $1 million and higher to the point of getting into the $5 million range. So just a couple of block halving and we will be there for sure.

When talking about the future, never be sure of anything because we have no proof of what we are sure of. I like optimism but I don't like extreme delusion. How will bitcoin reach 1 million USD, 5 million USD when we still cannot break the target of 100k$? So I will wait for bitcoin to hit $100k in the next bull season and will wait for other price levels before thinking about $1 million.

Bitcoin is a potential asset but that doesn't mean it will increase in price indefinitely. Everything has a limit and we can easily see that bitcoin's profits are gradually getting smaller after each halving, so the expectation of a target of 5 million USD is too unrealistic.

[tygeade]

If you frequently scream ludicrous things to the public to hopefully get your investment a lot of attention, at some point, people will get tired of your craziness and you'd get a lot less attention as time goes. This is a perfect example of this lol. He might as well say that Bitcoin cures cancer of something that deranged.

Exactly.
He should make up his mind. He's on the internet every other day making predictions for Bitcoin price. I like the man and genuinely have nothing against him however I think he should tone down on alm these predictions. It is very clear for the world to see that Bitcoin is going up, you know it, I know it, even those who want Bitcoin dead know it. Maybe he's making all these predictions to keep the minds of his shareholders are rest.

He is just trying to get heard. I mean when you look at what he does as a job, you will see why being famous or at least being heard matters. That is what I believe is the most important aspect of it and should be important to make it happen.

We are going to end up being a bit more careful when it comes down to having some sort of logical argument from him, but at the same time I do not think that we should care about him at all, let him say whatever he wants and it will be unimportant. Obviously some people care about it a lot more than the others, but I belong the group that cares less. That way I can do a lot more with my time than I could do otherwise and should be doing something that would matter.

[Wind_FURY]

Whether it is fake news or legit doesn't make any difference because it is a random statement by a "random" person not a prediction or even a half decent speculation. Everyone knows that bitcoin price will go on and will surpass a million eventually specially as fiat keeps dumping but the real question that nobody can answer is when.

And the funny thing of all of this is that if you are an investor there is no point at all on worrying about when such a price could be reached, what matters is your ability to hold your coins under difficult circumstances and nothing more, as in that way even if bitcoin were to reach such a price on a decade you will still be able to take advantage of such a movement, the only ones that need to care about when such a price can be reached are those that trade the markets as they may not be able to take an early position to take advantage of that movement due to the inherent nature of trading.

But sers, the prediction wasn't made by another "random person". It was made by a person who HODLs one of the largest investments of Bitcoin in his company's vaults. Chad Saylor's statement has to have more significance than just being merely another "random statement". The projected price might be exaggerated, but he's probably not wrong that we're not "to the moon" yet.

[AprilioMP]

This is according to cryptonews media bitcoinlfg.com' Twitter account. However, I do not see this shared or reported on any of the other cryptonews media websites. Is this fake news or does Michael Saylor need to promise that he will eat his dick on national television to get this prediction more attention hehehhee.

Michael Saylor predicted the price of bitcoin would reach $5 million dollars about 2 years ago when I tried to find a news link in the search browser I was using.
Micahel Saylor's prediction regarding the price of bitcoin which will reach $5 million dollars has emerged again, amidst world currency conditions which are having problems in terms of the economy, which has its own reasons when bitcoin is trying to fight for the price level of $26k and $27k.

Michael Saylor said that bitcoin is a Screaming Signal to investors that is worth buying. For me bitcoin is the best insurance against inflation.
https://www.blockchain-council.org/blockchain/bitcoin-could-surge-5-million-screaming-signal-to-buy-says-microstrategy-ceo/

“Ask yourself: Is bitcoin going up more than 3% every year? Then it is a mistake not to maximize your exposure at the current rate of inflation. Any loan you can roll forward for a reasonable amount of time is good. A loan with a 10- to 15-year mortgage against your property is a no-brainer.” — Michael Saylor

[Rabata]

No surprise that anyone can make any prediction about Bitcoin. In Michael Saylor's prediction he may not specify a time frame so he has no idea when Bitcoin might reach that point. Analyzing Bitcoin from its previous position to its present state, it has grown significantly. If Michael Saylor were to make a prediction from now to the next 12 years, it wouldn't seem unreasonable for Bitcoin to hit 5 million. Although there is no fixed supply of gold, considering that the price of gold has increased significantly, it certainly deserves to be 1 million to 5 million due to the limited supply of Bitcoin. But for now, in 1-2 years, I am ready to see bitcoin price at max $100k price.

[Wind_FURY]

No surprise that anyone can make any prediction about Bitcoin. In Michael Saylor's prediction he may not specify a time frame so he has no idea when Bitcoin might reach that point. Analyzing Bitcoin from its previous position to its present state, it has grown significantly. If Michael Saylor were to make a prediction from now to the next 12 years, it wouldn't seem unreasonable for Bitcoin to hit 5 million. Although there is no fixed supply of gold, considering that the price of gold has increased significantly, it certainly deserves to be 1 million to 5 million due to the limited supply of Bitcoin. But for now, in 1-2 years, I am ready to see bitcoin price at max $100k price.

Plus many people never truly got the context of why he made such a "laughable" prediction. Michael Saylor believed that Bitcoin has the potential to surge to a total market value of $200 trillion to $300 trillion, which if in the right set of environment, it's definitely possible.

He also believed that Bitcoin will continue to outperform FAANG stocks, Facebook, Amazon, Apple, Netflix, and Google. That has always been true in each bull cycle because of higher volatility. The next cycle will not be different.

[STT]

$5m I see as something ironic, it would in the majority represent failure.   Hopefully  not of BTC itself but somehow a price rising that far within our life times at least, thats too rapid and somewhere something big went wrong.   Presumably there contains a scenario in dollar or euros or Yen or their system of sovereign debt (China?) had failed at that point, this isn't fantastical it can happen but we should not hope for it.

[Wind_FURY]

$5m I see as something ironic, it would in the majority represent failure.   Hopefully  not of BTC itself but somehow a price rising that far within our life times at least, thats too rapid and somewhere something big went wrong.   Presumably there contains a scenario in dollar or euros or Yen or their system of sovereign debt (China?) had failed at that point, this isn't fantastical it can happen but we should not hope for it.

Although it's exaggeration, a "very high" market value for Bitcoin doesn't need to have an economic/financial collapse for that to actually become true. Can't it merely start having actual demand as a Store of Value, for censorship-resistance, or probably for international trade? It has to be if it has existed for more than ten years, and if it's to exist for another ten or more.