Michael Saylor predicts Bitcoin can go to $5 million?

[poodle63]

I'm not so sure about it hitting $5 million but people back then also not sure bitcoin could ever reach $100k, even back then reaching $500 is already a feat on itself, so I guess anything could be happening, even though many seemed to be pessimistic but I guess thats because we can see if bitcoin reaching that high then market capitalization would be massive.
not to mention the implication in regards of gas fee, take example is ethereum, it quite literally become unusable high gas fee because the value is too much meaning it wasn't planned to even reach current valuation.
so i guess if michael saylor prediction turns out to be true, then it will have same implication just like ethereum, not that im gonna be disappointed, because a massive increase is a good thing for my investment.

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[gunhell16]

I'm not so sure about it hitting $5 million but people back then also not sure bitcoin could ever reach $100k, even back then reaching $500 is already a feat on itself, so I guess anything could be happening, even though many seemed to be pessimistic but I guess thats because we can see if bitcoin reaching that high then market capitalization would be massive.
not to mention the implication in regards of gas fee, take example is ethereum, it quite literally become unusable high gas fee because the value is too much meaning it wasn't planned to even reach current valuation.
so i guess if michael saylor prediction turns out to be true, then it will have same implication just like ethereum, not that im gonna be disappointed, because a massive increase is a good thing for my investment.

It's actually nice to hear 5 dollars each of bitcoin. If you have a lot of bitcoin, or at least even 0.1 btc, that's a big amount to 5 million dollars.But literally speaking, for 14 years of Bitcoin, it is at the current price of 27k more than the market. It's up to you to calculate how many more decades it will take to reach $5 million in bitcoin.

What is Michael Saylor basing that on? I don't think I saw anything. Maybe we are just there in reality, and that will actually happen while we are still alive. It is hard to live in our imaginations only. It's even better that we live in a time when things happen that we want to happen, especially in holdings that we believe will provide good profit savings in the future.

[SamReomo]

I'm not sure about his prediction but surely Bitcoin can go to $5 million or even more than that, but still we don't know when because in upcoming 10 years it's not possible for Bitcoin to go anywhere close to $5 years and if it does then most of the holders will be millionaires and some maybe billionaires.

Bitcoin is the best asset in the whole world and it can grow to the unimaginable heights in future but sadly no one knows that how long it will take Bitcoin to cross $1 million price tag. Let's still be optimist about its price and hope for a better future for all those investors who are holding. Surely Bitcoin will be at $120k within 3 years but not sure when it will reach $5 million.

[robelneo]

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 don't think anyone now can do what the late McAfee did because the market is highly volatile, when a high personality predicts the price of Bitcoin he just wants to hype Bitcoin and for new people to come in and invest in Bitcoin but for the experts in the market movement it's hard to predict if it reach to that $5 million level and on what year.

But why not hope, when Bitcoin was created no one thought that Bitcoin would hit five digits, but we as a community can only hope that Bitcoin reaches $100k it's more realistic and once it reaches that level then we can talk of $550k.

[bhadz]

If Bitcoin hits $5M, Saylor will for sure going to dump and load it all in the sell orders in many exchanges as much as they can. And we're not talking about the actual $5M price because him and his company will surely do that even before that price. Who's not going to be amazed with $500k, $1M and more before $5M? There will be lots of loads that's gonna be ready to be dumped and just make us millionaires first Saylor before your big great sale.

I'm not so sure about it hitting $5 million but people back then also not sure bitcoin could ever reach $100k, even back then reaching $500 is already a feat on itself, so I guess anything could be happening, even though many seemed to be pessimistic but I guess thats because we can see if bitcoin reaching that high then market capitalization would be massive.

There will always be pessimistic people about the future price of Bitcoin. And that's why all of us are guessing and predicting its price and just as the early adopters, it's like we're back there when everyone thinks that reaching $500-$1000 is unlikely.

[salad daging]

I'm not sure about his prediction but surely Bitcoin can go to $5 million or even more than that, but still we don't know when because in upcoming 10 years it's not possible for Bitcoin to go anywhere close to $5 years and if it does then most of the holders will be millionaires and some maybe billionaires.

I think it's unrealistic that $5M in the next 10 years or so will certainly cause other effects that bitcoin can influence this surge, who would have thought that with someone having 0.01 BTC alone at a price of $5M he would have become a millionaire. 

Bitcoin is the best asset in the whole world and it can grow to the unimaginable heights in future but sadly no one knows that how long it will take Bitcoin to cross $1 million price tag. Let's still be optimist about its price and hope for a better future for all those investors who are holding. Surely Bitcoin will be at $120k within 3 years but not sure when it will reach $5 million.

For more than a decade bitcoin has increased from $0 to a high of $69K of course it is the fastest growing asset compared to other assets, we always believe that bitcoin will continue to grow over time and continue to pass its umpteenth halving, but for $5M for me it is unrealistic, maybe it should spend the entire halving in 2132 during which time we will no longer exist.

[WatChe]

I'm not sure about his prediction but surely Bitcoin can go to $5 million or even more than that, but still we don't know when because in upcoming 10 years it's not possible for Bitcoin to go anywhere close to $5 years and if it does then most of the holders will be millionaires and some maybe billionaires.

Bitcoin is the best asset in the whole world and it can grow to the unimaginable heights in future but sadly no one knows that how long it will take Bitcoin to cross $1 million price tag. Let's still be optimist about its price and hope for a better future for all those investors who are holding. Surely Bitcoin will be at $120k within 3 years but not sure when it will reach $5 million.

I always say that bitcoin started its journey ten years ago from 0 USD and in a decade time it touches 67k$. None in human history has gained so much in this duration. We still don't know what lies ahead of bitcoin price. It may by 5 million or more. The reality is that no price prediction has gone right so far about Bitcoin. The next major event coming up is halving next year and it will tell alot about future bitcoin price.

[Aanuoluwatofunmi]

I'm not sure about his prediction but surely Bitcoin can go to $5 million or even more than that, but still we don't know when because in upcoming 10 years it's not possible for Bitcoin to go anywhere close to $5 years and if it does then most of the holders will be millionaires and some maybe billionaires.

Bitcoin is the best asset in the whole world and it can grow to the unimaginable heights in future but sadly no one knows that how long it will take Bitcoin to cross $1 million price tag. Let's still be optimist about its price and hope for a better future for all those investors who are holding. Surely Bitcoin will be at $120k within 3 years but not sure when it will reach $5 million.

I always say that bitcoin started its journey ten years ago from 0 USD and in a decade time it touches 67k$. None in human history has gained so much in this duration. We still don't know what lies ahead of bitcoin price. It may by 5 million or more. The reality is that no price prediction has gone right so far about Bitcoin. The next major event coming up is halving next year and it will tell alot about future bitcoin price.

Bitcoin has been live now fourteen years and not 10 years ago, which means it's more than a decade, also within the journey of this 14 years of consistency, bitcoin has risen from 0 dollar where it started to about $68,000 all time high, now that we are moving close to the next 2024 halving, bitcoin will mark another all time high and so we go on because the value and it's acceptance increases everyday and people are making demands on bitcoin adoption from every part of the world, Michael does not have to convince people before they make their own commitment with bitcoin use because it has every solution to financial centralization challenges.

[batang_bitcoin]

The reality is that no price prediction has gone right so far about Bitcoin.

It is because Bitcoin has exceeded those predictions. Like people in the past have been speculating that $20k will be reached again and then it did happened but what's next? It has surpassed that price to another ATH which resulted as x3 from the past ATH.

The next major event coming up is halving next year and it will tell alot about future bitcoin price.

Yeah, that is for real.
The next halving will be lit and aside from that awaited event every 4 years, we're also gonna catch the impact of those Bitcoin ETF that has filed by several financial institutions.

[Pierre 2]

Michael Saylor is one of the biggest public whales of Bitcoin. I think we could say Elon Musk too. Anyways he can suggest anything extraordinary for price because its gonna help him make money. Bitcoin hitting 5 million dollars in couple of years is impossible. Most newbie traders think when they see news "wow Bitcoin going 5 million in a year?" so easily manipulated. Don't get me wrong I believe Saylor is nice guy but suggestion is exeggarated. I would rather say 100-120k in next bull run.

[Sebas.tian]

Michael Saylor is one of the biggest public whales of Bitcoin. I think we could say Elon Musk too. Anyways he can suggest anything extraordinary for price because its gonna help him make money. Bitcoin hitting 5 million dollars in couple of years is impossible. Most newbie traders think when they see news "wow Bitcoin going 5 million in a year?" so easily manipulated. Don't get me wrong I believe Saylor is nice guy but suggestion is exeggarated. I would rather say 100-120k in next bull run.

Don't you believe that anything can happen that will make the price of Bitcoin to hit $5 millions, but it can be 10 or 15 years to come before such price will occur in the market, and for Michael saylor to give such prediction in the public without indicate the years the price will hit $5m show that is a good prediction. I believe the price of Bitcoin will not remain low like what investors are going through now in this bearish season, because is making some bitcoiners not to solve some issues that requires money because they don't want to sell their coins now until the price reach $200,000 or above before they can sell. Based on what we have experienced from Bitcoin over some years now, show that people will begin to experience $100,000 from next year which is my prediction.

[STT]

If we're talking pie in the sky epic price targets then for any attempt on realism we have to be referring to assets in the trillions.    Every asset works in parallel to value elsewhere, some value is created but some of the appreciation in BTC would come from the decline in usage of paper currency and various alternatives.  This can happen anywhere nationally but I think for this size of change and large price we are talking about Dollar reserve or world traded currency, some part of that would ideally need to come to BTC to match this prediction and scale.   
   Most obvious to me is a reference to the dollar index, for BTC to go up this much the DXY has to be trending down.  Its not presently, some would say its bullish but I think sideways and possible it can decline if we lose 100.


Its a rough crop on Dollar Index but I'm looking for how often we've met a similar peak or low in this area.  2022 July we found this 105 area as a low before later rising to 112 on DXY in the autumn.  Now we are establishing if 105 will be a high and establish a counter to the low of sub 100 earlier this year, a lower range would be the start of a lower valuation of a trillion dollar asset market place presumably meaning value can move elsewhere.  Despite higher rates I think this is possible as inflation still devalues the value of dollar relative to almost everything else.

[Minor Miner]

Michael Saylor is one of the biggest public whales of Bitcoin. I think we could say Elon Musk too. Anyways he can suggest anything extraordinary for price because its gonna help him make money. Bitcoin hitting 5 million dollars in couple of years is impossible. Most newbie traders think when they see news "wow Bitcoin going 5 million in a year?" so easily manipulated. Don't get me wrong I believe Saylor is nice guy but suggestion is exeggarated. I would rather say 100-120k in next bull run.

To me that is also an exaggerated price and I don't even believe bitcoin will reach that price no matter how many years it takes, let alone 10 or 15 years. Michael Saylor is indeed a big whale in the market but that doesn't mean what he says will definitely happen. Furthermore, it was just as baseless a prediction as any of us, nor could he provide any evidence for his prediction. I don't know what his purpose was in making such a prediction, but it was really exaggerated and unreliable.

[karabiber]

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

I'm not surprised that Saylor is saying crazy targets because that's his job and people saw him for what he is in the last bull. For me, his statements don't matter at all. I see him as a cryptocurrency sell indicator. To this day, every time he tweets or makes a statement about Bitcoin, it's followed by a drop. He seems to be one of the ardent defenders of Bitcoin but this may not be the case and Saylor was one of the actors in the dot com bubble and was prosecuted. Every time this guy says he bought Bitcoin, Bitcoin falls. He acts as a reverse indicator. I love him.

[bayu7adi]

Predictions without guarantees are mere chatter. Anyone can say Bitcoin will reach $10 million or even $100 million, but when? All possibilities do exist, and talking is the easiest way, for it only requires a mouth.

$5 million is a substantial figure, and it does give me a bit of concern regarding the actions the government might take in response to such a moment. The public will be fixated on Bitcoin's movements, and inevitably, the government will need to intervene to bolster Bitcoin regulation. Will the government tighten Bitcoin laws further if the price reaches $5 million? No one knows what negative consequences may accompany the rise in Bitcoin's price.

[laurenB7742]

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

I'm not surprised that Saylor is saying crazy targets because that's his job and people saw him for what he is in the last bull. For me, his statements don't matter at all. I see him as a cryptocurrency sell indicator. To this day, every time he tweets or makes a statement about Bitcoin, it's followed by a drop. He seems to be one of the ardent defenders of Bitcoin but this may not be the case and Saylor was one of the actors in the dot com bubble and was prosecuted. Every time this guy says he bought Bitcoin, Bitcoin falls. He acts as a reverse indicator. I love him.

I don't know if it's a coincidence or there's some reason behind it but we have to admit that every time this guy announces to buy more bitcoin it seems like the bitcoin goes down a few days later, laugh.

As for this guy's prediction, I don't understand why so many people are always interested in famous people's statements. Do they have any proof to support their prediction? Or are they just wild predictions to attract attention to themselves like many people have done? In investing, it's best to do your own research and stop trusting anyone, especially social media influencers.

[Oilacris]

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

I'm not surprised that Saylor is saying crazy targets because that's his job and people saw him for what he is in the last bull. For me, his statements don't matter at all. I see him as a cryptocurrency sell indicator. To this day, every time he tweets or makes a statement about Bitcoin, it's followed by a drop. He seems to be one of the ardent defenders of Bitcoin but this may not be the case and Saylor was one of the actors in the dot com bubble and was prosecuted. Every time this guy says he bought Bitcoin, Bitcoin falls. He acts as a reverse indicator. I love him.

I don't know if it's a coincidence or there's some reason behind it but we have to admit that every time this guy announces to buy more bitcoin it seems like the bitcoin goes down a few days later, laugh.

As for this guy's prediction, I don't understand why so many people are always interested in famous people's statements. Do they have any proof to support their prediction? Or are they just wild predictions to attract attention to themselves like many people have done? In investing, it's best to do your own research and stop trusting anyone, especially social media influencers.

I would always go opposite into those kind of predictions whenever these known billionaires or institutional personalities would really be making out these kind of sentiments.Whenever it would really be a positive sentiment then i would go for selling position but if it would really be that negative news or words then i would really be going for buying position on which it turns out to be that a good thing for me and it seems that this had been that a good basis whether you do buy or sell on these conditions on which its never been that something new that these news or sentiments could neither give out some effects or not.It would really be entirely be depending on market demand and recognition plus the emotions that circles around.

$1M - $5M predictions are really that something on that delusional part because if we do tend to look on the current price movement or even in the past where it cant really be just that
possible that we would really be reaching out those numbers in short time or even with our life time. Everything would really be according to acceptance and recognition in the
end of the day on which it is something that cant really be controlled.

[laurenB7742]

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

I'm not surprised that Saylor is saying crazy targets because that's his job and people saw him for what he is in the last bull. For me, his statements don't matter at all. I see him as a cryptocurrency sell indicator. To this day, every time he tweets or makes a statement about Bitcoin, it's followed by a drop. He seems to be one of the ardent defenders of Bitcoin but this may not be the case and Saylor was one of the actors in the dot com bubble and was prosecuted. Every time this guy says he bought Bitcoin, Bitcoin falls. He acts as a reverse indicator. I love him.

I don't know if it's a coincidence or there's some reason behind it but we have to admit that every time this guy announces to buy more bitcoin it seems like the bitcoin goes down a few days later, laugh.

As for this guy's prediction, I don't understand why so many people are always interested in famous people's statements. Do they have any proof to support their prediction? Or are they just wild predictions to attract attention to themselves like many people have done? In investing, it's best to do your own research and stop trusting anyone, especially social media influencers.

I would always go opposite into those kind of predictions whenever these known billionaires or institutional personalities would really be making out these kind of sentiments.Whenever it would really be a positive sentiment then i would go for selling position but if it would really be that negative news or words then i would really be going for buying position on which it turns out to be that a good thing for me and it seems that this had been that a good basis whether you do buy or sell on these conditions on which its never been that something new that these news or sentiments could neither give out some effects or not.It would really be entirely be depending on market demand and recognition plus the emotions that circles around.

$1M - $5M predictions are really that something on that delusional part because if we do tend to look on the current price movement or even in the past where it cant really be just that
possible that we would really be reaching out those numbers in short time or even with our life time. Everything would really be according to acceptance and recognition in the
end of the day on which it is something that cant really be controlled.

Bitcoin reaching 1 million or 5 million is what any investor wants, but we should be a little realistic and not be too delusional because if things do not go as expected, we will be disappointed. Bitcoin hasn't reached 100k USD yet but we are already thinking of a higher price, isn't that an illusion? We are investing with our hard-earned money, so be realistic and careful to avoid the most unfortunate risks, always do your own research and stop believing what others say.

[woez]

Bitcoin reaching 1 million or 5 million is what any investor wants, but we should be a little realistic and not be too delusional because if things do not go as expected, we will be disappointed. Bitcoin hasn't reached 100k USD yet but we are already thinking of a higher price, isn't that an illusion? We are investing with our hard-earned money, so be realistic and careful to avoid the most unfortunate risks, always do your own research and stop believing what others say.

BTC Price Predictions do not only come from Michael Saylor but there are many others if we read in the media related to the world of digital currency as well as from several questions in forums too. But, I think that is the aspiration of BTC holders who have a large amount even though it sounds too high. If we look at market movements, it hasn't shown any significant changes. BTC needs to climb higher by the end of this month at least the $35K mark will be broken first.

[Fatunad]

Bitcoin reaching 1 million or 5 million is what any investor wants, but we should be a little realistic and not be too delusional because if things do not go as expected, we will be disappointed. Bitcoin hasn't reached 100k USD yet but we are already thinking of a higher price, isn't that an illusion? We are investing with our hard-earned money, so be realistic and careful to avoid the most unfortunate risks, always do your own research and stop believing what others say.

BTC Price Predictions do not only come from Michael Saylor but there are many others if we read in the media related to the world of digital currency as well as from several questions in forums too. But, I think that is the aspiration of BTC holders who have a large amount even though it sounds too high. If we look at market movements, it hasn't shown any significant changes. BTC needs to climb higher by the end of this month at least the $35K mark will be broken first.

Speculations would really be flying out everywhere and people would really be that free on giving numbers since its free and we do have our own opinions on what we do see into its potential.
If they do see for 5 million per coin price then so be it and we do have our own approach as well on which it would really be that normal that we would really be hesitant which the price didnt been able to break up even $30k after this long time of stagnation and now we are hoping for a million per coin which i cant blame on why people would really be counter reacting with this kind of speculation which it is really that off the charts
or something that might not be able to happen even in our dreams.

Lets just be realistic at least and will really be that mindful or thinking about those probabilities that would really be seeing to happen on later years.
Everything will takes time and lets see on how far demand would go in later years and this is something that cant be known.