Will BTC hit 1M ?

[ItsaWhale]

Most of people want microwave results and most of them are not patient
It is Clear that bitcoin will be the only Currency for payments
Like there will be no Cash or VISA

You can clearly see here on Bitcoin Rainbow Chart https://www.blockchaincenter.net/en/bitcoin-rainbow-chart/
That soon will hit 100k EZ and to 1M on Future

Be a Smart and Wise person Invest an amount for your Children Future on a Cold Wallet and never move those coins till your kids finish High school
So like 15-20 Years from now !

Many people limit their profit by not taking the right actions but trust me every penny worth
Even if u have low budget to invest for your kids do it , and save it for more than 15-20 years
e.g if u put today 100$  on BTC to save for ur Kids future , when they are 20 years that 100$ will go up and down in hours as bitcoin will hit High price

Dont be blind open your eyes

[1715204742]

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[hd49728]

So like 15-20 Years from now !

15 - 20 years are too long for waiting but it is too short if you don't pay attention on waiting time and just let time flies.

However, a big challenge for you is secure your Bitcoin storage, wallets, backups and control your greed to take profit in next 4, 8 or 12 years. It is always easy to say "I am a hodler and will hodl my bitcoin" but when you see price rises like 50%, x2, x3, you will get rid of your plan and take profit.

Bitcoin will rise more but with less exponential growth rate than last 15 years since 2009 because we can logically think that with bigger and bigger market cap, with time, Bitcoin will have smaller and smaller growth rate in future.

How to back up a seed phrase?

[invo]

Many people limit their profit by not taking the right actions but trust me every penny worth
Even if u have low budget to invest for your kids do it , and save it for more than 15-20 years
e.g if u put today 100$  on BTC to save for ur Kids future , when they are 20 years that 100$ will go up and down in hours as bitcoin will hit High price

That's quite a long time to hold Bitcoin, but it's worth it for most investors, especially those enthusiasts who have been holding Bitcoin for more than 10 years now. They continue to hold their Bitcoins despite the current price, envisioning a higher value similar to what you have envisioned.

[knowngunman]

Many people limit their profit by not taking the right actions but trust me every penny worth
Even if u have low budget to invest for your kids do it , and save it for more than 15-20 years
e.g if u put today 100$  on BTC to save for ur Kids future , when they are 20 years that 100$ will go up and down in hours as bitcoin will hit High price

Dont be blind open your eyes

How about for your own upliftment? Investing in Bitcoin should not related to your kids future because I see it as one of the lead causes of corruption especially in Africa continent. Teach kids how to make their own source of income and become independent. I'm not saying accumulating resources for kids future is entirely wrong but that should not be your priority. Holding bitcoin has potential and there's no doubt about it but you can not predict the situation at the time you might need for your kids if that's why you are holding. Don't make kids reliant on their parents wealth.

[seoincorporation]

The answer to that question is "YES", but the new question is "When?". And that's what we don't know yet. But you can be sure it will happen, and it's possible because our financial system allow us to get in infinite debt, that way money becomes infinite, and when you understand that then you will realize how the bitcoin price has no limits at all.

[Upgrade00]

It is Clear that bitcoin will be the only Currency for payments
Like there will be no Cash or VISA

This is speculation. There is no suggestion now that fiat or card payment options would be exist in several years tike, and even ifhthey would not due to improvements in technology, th government would adjust and come up with alternative payment options which they can directly regulate and manipulate. Bitcoin is not that currency.

Bitcoin doesn't need the current system to collapse inorder to reach $1 million.

[ImThour]

One day, surely. Today, nope. Next year, nope. But one day, for sure. Bitcoin is built on a great structure and the 4 year cycles will keep on working even if we all remain on this planet earth or not.
I completewly believe that Bitcoin has the capability of reaching 1 Million USD per Bitcoin. If it can go from $1 to $10,000. It won't be difficult to go from $100,000 to $1,000,000.

[Hamza2424]

Hmm, cant give a word to this but I'm sure Bitcoin will hit a Million sooner or later as you know currently Bitcoin capital is around $1T, and it's still getting maturity and more attention from the investors and communities. Sooner or later Bitcoin will surpass gold in capitalization and if this happens Bitcoin will surpass the $1M or even more but obviously it requires time and timely regulation of every scale of use.

If you say will Bitcoin hit a million in this cycle or next cycle buddy it cant be said so, be because it is completely based on how the market gets the investor's attraction which requires a high level of recognition even from the current point with timely developments as well.

[kentrolla]

Indeed Bitcoin can achieve this remarkable milestone but 15 to 20 years are way too longer IMO and it's really difficult for people to hodl something in cold storage for such a long time as just one hardware device can ruin your life long saving if you lose it. I would say let's split our investment into long term hodling and depending on market flow as well. There is no harm in buying Bitcoin in the bear market and selling them off during the bull run or even when it gives a decent amount of profit and repeat the cycle but this would require a lot of patience where many people would definitely fail.

[Fiatless]

Most of people want microwave results and most of them are not patient
It is Clear that bitcoin will be the only Currency for payments
Like there will be no Cash or VISA

Anyone impatient is not qualified to invest in Bitcoin. This is why most people decide to invest in projects that promise them instant profit because they are not patient enough to wait for Bitcoin to appreciate. They prefer to invest in rich quick schemes that could make them lose money due greed. I don't know how you concluded that Bitcoin will be the only currency in the future because my stance is that it will always be a viable alternative. I think people will keep using fiat side by side with Bitcoin.

You can clearly see here on Bitcoin Rainbow Chart https://www.blockchaincenter.net/en/bitcoin-rainbow-chart/
That soon will hit 100k EZ and to 1M on Future

Bitcoin price is unpredictable but there is a possibility that it could get to that amount this year or early next year. We are expecting it to beat its ATH and hit a new benchmark.

Be a Smart and Wise person Invest an amount for your Children Future on a Cold Wallet and never move those coins till your kids finish High school
So like 15-20 Years from now !

Many people limit their profit by not taking the right actions but trust me every penny worth
Even if u have low budget to invest for your kids do it , and save it for more than 15-20 years
e.g if u put today 100$  on BTC to save for ur Kids future , when they are 20 years that 100$ will go up and down in hours as bitcoin will hit High price

Dont be blind open your eyes

Banks offer special savings accounts for children. Most parents have stranding orders in the banks that automatically transfer funds to their children's savings accounts at the end of the week, month, or year. I would prefer to use DCA to save money for the future of my children than to put it in banks. Fiat currency loses value faster and it will gradually become worthless in the future. But in 12-18 years, the profit from Bitcoin will be massive.

[spiker777]

Many people limit their profit by not taking the right actions but trust me every penny worth
Even if u have low budget to invest for your kids do it , and save it for more than 15-20 years
e.g if u put today 100$  on BTC to save for ur Kids future , when they are 20 years that 100$ will go up and down in hours as bitcoin will hit High price

That's true, every penny invested is worth it, however, it depends on whether you can save money and invest which is the biggest question and problem for every other person because not every one earns enough money to have something left that they can save or invest in Bitcoin. The percentage of people who are earning money that is more than what they need for a month for their expenses is very low.
This is what limits most people from investing in Bitcoin and cryptocurrencies even if they have come to know about them very early and even if they like them, it is just that they are not financially stable enough to be able to do that and even if they do, they can't do it very often.

[Uhwuchukwu53]

The answer to that question is "YES", but the new question is "When?". And that's what we don't know yet. But you can be sure it will happen, and it's possible because our financial system allow us to get in infinite debt, that way money becomes infinite, and when you understand that then you will realize how the bitcoin price has no limits at all.

Very correct you speak allot in my mind. In the area using infinite illustration, human want is insatiable and every one need good thing as much Bitcoin is good and people are seeking to get it hitting 1m is definitely possible but time become uncertain because no prediction can actually get it right now.

[Raflesia]

I dont want to speculate too far with this because im pretty sure there will definitely be a lot of opinions when talking about the price of bitcoin in the future because everyone has their own point of view and i dont want to get too far into knowing whether bitcoin will reach $1 million or not because in the end what i hope for now is that bitcoin continue to grow regardless of its value for the next 15 to 20 years as long as it is still growing it doesnt matter so that my child can get good things from the remaining bitcoin that I always set aside every week for my child's future grip .
I invest in 2 different wallets where one is for myself and the other is for my child to support his needi in the future and I will definitely give it to him if he is interested in bitcoin and when he is old enough to get it.
Right now im just more focused on the $100k target that's always been talked about even from a few years before bitcoin crashed and hopefully for this year or maybe next year it can be obtained because for 1 million not that I doubt it but its definitely a very long time and i don't even know whether or not i can be at that price with my age now.

[Pandorak]

It will happen someday in the future, old holders witness bitcoin at its lowest price and bitcoin is currently at $52,000. By that analogy, it doesn't mean bitcoin can't reach a price of $1,000,000.



Looking at the bitcoin rainbow chart, i am a little pessimistic about the bitcoin price projection, it says that bitcoin will reach $773,000 in 2028, that's too soon in my opinion, i think we will be at that level by 2040+.

[foggyb]

One thing we might consider is that the price of bitcoin may not always be pegged to the US dollar.

If the mighty USD is usurped by some other currency (perhaps bitcoin itself), then it might never reach 1m USD valuation for that reason.

[Ryu_Ar1]

15-20 years from now is too long to discuss about speculation issues because no matter how long it is, it is not certain that we can still be in this world that we live in even though there are certainly many opinions about this but we must also realize that we must be rational with the age we have now and the year of speculation that we will go.
I personally don't really care about it because I will just enjoy bitcoin in my own way and with the goals that I have planned from the beginning where I have to reset my investment because in the end we must realize that being in bitcoin and investing in it is for profit so that our old age goes very well so I have determined where I stop regardless of the value as long as I get a profit there then I will stop and enjoy the results of what I planted.

But I agree with you when you believe in bitcoin then don't hesitate to be in it because profits will definitely come as long as you believe in what you are doing.

[stadus]

It is Clear that bitcoin will be the only Currency for payments
Like there will be no Cash or VISA

This is speculation. There is no suggestion now that fiat or card payment options would be exist in several years tike, and even ifhthey would not due to improvements in technology, th government would adjust and come up with alternative payment options which they can directly regulate and manipulate. Bitcoin is not that currency.

Bitcoin doesn't need the current system to collapse inorder to reach $1 million.

Having no cash or visa might be impossible. The government will never allow that to happen, they will hope for bitcoin to vanish instead than fiat. Or if ever fiat might go into extinct, they will surely replace something to act as an official currency, because as long as bitcoin remains decentralized, they will never allow bitcoin to be the center of the financial industry.

However, regardless of all these, bitcoin price will continue to soar high as long as the demand remains. But reaching $1M, it might happen but the time is still uncertain.

[coolcoinz]

You can clearly see here on Bitcoin Rainbow Chart https://www.blockchaincenter.net/en/bitcoin-rainbow-chart/
That soon will hit 100k EZ and to 1M on Future

Yup, but the rainbow chart looks like it's failing because the peak price used to hit red every time and last time it only made it to orange. What if we follow this pattern, hitting a level lower each time, and after 3 or 4 cycles end up not breaking the yellow zone at all? This will still be growth, but could be 150k this cycle, 300k next cycle, then 400k and in 12 years we will still be a long way from 1m, possibly never reaching it at all.

Bottom line, don't bet on the rainbow chart. It's just one of many predictions.

I think that we will reach 1m some day but it could take decades. 100k is almost certain, 200k very much reachable, but anything above 500k is a distant future and will require a demand from countries, not just companies.

[sunsilk]

Like what we always say, only time will tell when.

But if you're suggesting these things about providing a good retirement money and plans for our kids, did you already have it? I assume that you do because when we talk that there's something that other people must do just as what we do, we should follow that first.

I'm with you about reaching it very soon but no one can tell when will be that time. And also, the idea of investing for the future of our children has been there but don't forget to get some chunk for yourself to enjoy it.

[Kelvinid]

Well, I believe that there is a possibility of reaching $100k someday but hitting $1M in the future is quite impossible. Even people are using the DCA strategy but it is too expensive and poor people can't afford it anymore. And even if the demand reaches too high, I couldn't still imagine it, maybe $200k is fair enough. If ever it happens, I don't see any reason that urge people to invest and hold for this won't just it concerning about the price but the hacking incident may give doubts to people.

But anyway, I don't think this is the right board for this topic. I believe this should be on the speculation board . edit

[electronicash]

i think i heard this from Max Keiser a long time ago where BTC could reach up to $1M.

while i would like that price to be hit, i think it's too much of a bubble already. the more i believe BTC  is not meant for a currency that we can use to spend every day to purchase something we buy.  all i can think of it that is meant to be a reserve. an asset worth $1M each or more fits this kind of purpose.

[Faisal2202]

But I don't have any kids right now, I am also a kid hehe, you are asking us to wait 15 to 20 years like you know that in 15-20 years BTC is going to touch $ 1 million milestone. Are you a time traveler. If we consider 20 years from this halving event there will be 5 more halvings and in each halving, I am sure that BTC will make new ATH and according to many signals I read on the other form I started to think BTC might touch $150k or maybe somewhere between $100k-$150k. If that's happened then it would be 2+x of the last cycle's ATH.

And if we follow the same pattern which is so idiotic to say but there is it, that will make 10x in the upcoming 20 years, which means 10x of $150k = 1500K ($1.5 M_) it is so unrealistic and imaginary but hey its crypto. And more importantly its BTC so I think there is a chance that in 20 years BTC might cross $1 Million considering the adoption rate will increase more rather then after this halving ETFs are going to delist and USA is not more adopting BTC and becoming the next China 

[Coyster]

It is Clear that bitcoin will be the only Currency for payments
Like there will be no Cash or VISA

I don't know what makes you think it is clear that this will happen, because it wouldn't. The number of people using Bitcoin worldwide is still pretty small, now compare it to people using fiat and other traditional means of payment, you'd figure out that it is impossible for Bitcoin to take over these payments systems, not that it was created to even do that.

Having said that, i don't know if Bitcoin would ever rise as high as $1m, it could happen but that would be in the long run and when the population using Bitcoin increases significantly.

[Marvelman]

Yeah, the odds seem crazy long right now.  But just hear me out for a minute!

This scruffy little internet money has smashed expectations over and over before.  I mean, who'd have thunk it would turn into a global thingamajig after all the early haters trashed it? Wild how things play out huh?

Anywho, with more big money rollin' in Joe Schmoe finally sorta getting it, and Gov regulators maybe laying off, you could get a perfect storm of demand that sends Bitcoin stratospheric.  Not to mention the whole 21 million cap thingie controlling supply.

[thecodebear]

There is no doubt it'll hit $1 million eventually. It'll just take some time. I would estimate it'll pass $1 million for the first time betweeen 2040 and 2044. So within 20 years from now. That seems reasonable.

Next year it'll pass $100k. By end of the decade it might hit a quarter million. During the mid-2030s it should get over $500k. And during first half of the 2040's reach $1 million.

[AirtelBuzz]

When Bitcoin was first created, the price of Bitcoin was very low, but since then, the price of Bitcoin has increased significantly, touching fifty thousand dollars today.No one could have imagined when Bitcoin was created that the price of Bitcoin would rise so much but it has.

The price of Bitcoin is now above $50k. Many people think that the price of Bitcoin will touch $100k  dollars this year. Bitcoin halving will definitely increase the price of Bitcoin by a lot it is only a matter of time.

So like 15-20 Years from now !

I believe bitcoin price can touch ($1million) dollars but it needs a lot of time. From the current Bitcoin price situation, I can predict that after 2050, the price of Bitcoin may touch ($1million) dollars.

[Sebas.tian]

If you think it will happen this year, I don't think the price of Bitcoin will hit $1 million this this year or next year but it will definitely happen in the future and those that will hold their Bitcoin till then will benefit huge amount of income that will increase their financial status. If the price of Bitcoin can increase from low price to this current price $52,698 that is attracting people all over the world, to save some money on Bitcoin so that they will have something potential to achieve when the time come. I know many investors have started preparing ahead of $1 million Bitcoin price by saving some money that they will not touch until the price of their target appear before they can release their Bitcoin for sale.

[The Sceptical Chymist]

I swear, five years ago I would ask random people I'd come into contact about if they'd even heard of bitcoin, and the majority of them hadn't.  Today I was talking to a friend who doesn't even own a computer about it (this person knows of my interest in it), and I mentioned that it was rising in price but wasn't yet at a new all-time high.  The response I got was "Wasn't it worth $1 million at one point?".

And then I see the BTC-USDT pair shown on Yahoo finance, and in the Wall Street Journal....so it's amazing that in the last few years how much bitcoin has insinuated itself into regular life and financial reporting--so this is all a very long-winded way of saying that hell yes bitcoin's going to reach $1 million!  It might not be because of the upcoming halving, but I don't have any doubt that that price level is coming.  I'd be an idiot to try to predict a time frame in which it's going to get there, so I'll just leave it at that.

[kotajikikox]

i think i heard this from Max Keiser a long time ago where BTC could reach up to $1M.

while i would like that price to be hit, i think it's too much of a bubble already. the more i believe BTC  is not meant for a currency that we can use to spend every day to purchase something we buy.  all i can think of it that is meant to be a reserve. an asset worth $1M each or more fits this kind of purpose.

correctly mentioned mate, Bitcoin supposedly a currency that will help us generate fast and safer transacting , serving people around the world but with this views of others then bitcoin will not be as a currency but an asset I believe and will not gain any of its purpose of creation.
satoshi will be disappointed if that would be the views of everyone that buys and has bitcoin in the year or more.

[SamReomo]

Yes, Bitcoin will hit $1M in a decade or two but I believe it's more likely to see Bitcoin at $1M within a decade. I'm not sure exactly when that will happen but it's expected to happen before 2035 if thing go well in the world of Bitcoin.

I'm very sure that the ones who may hold Bitcoin for longer than a decade will see even more profits then the ones who hold it for a decade. There's a chance that Bitcoin might reach $2M or even $5M in future but surely that won't happen soon and the ones who will patiently hold their Bitcoin for many years may be the lucky ones to see huge profits when it reaches the mentioned values.

[adultcrypto]

You can clearly see here on Bitcoin Rainbow Chart https://www.blockchaincenter.net/en/bitcoin-rainbow-chart/
That soon will hit 100k EZ and to 1M on Future

It is possible that Bitcoin will get to $100k and $1m in the future base on the fact that it has a fixed supply and there is increasing demand. But it will be very difficult to know when it will get to that price, this is where many people will fall into different problems and some might even be tired of holding before it get to that price.

Be a Smart and Wise person Invest an amount for your Children Future on a Cold Wallet and never move those coins till your kids finish High school
So like 15-20 Years from now !

This is a wise suggestion that I love so much. This will help those of us struggling with holding bitcoin to develop a long term mindset since we are no more in a hurry to sell but buying more to save for our children. I think this will also enable us not to focus too much on the price which buying because our purpose is to save for the next generation. I have read about the DCA method and I have been using it to buy, I think this method also agree with the DCA method.

[blckhawk]

It's not going to hit even this year, it's going to be taking a long time before it will ever do that not to mention that bitcoin hasn't even reached 100k yet, it's definitely going to be going there but for now, the high hopes that it will go to that will be rewarded by disappointment.

[Lucius]

Be a Smart and Wise person Invest an amount for your Children Future on a Cold Wallet and never move those coins till your kids finish High school
So like 15-20 Years from now !
~snip~

Every investment is a risk, and Bitcoin as an investment is no exception. In 15-20 years, the price of BTC may be xx times higher than today, but it may be less or equal to today. I cannot claim (nor can anyone else) what will happen in the future, but all possible outcomes should be taken into account - and some of these outcomes are not very positive for Bitcoin.

Furthermore, how much purchasing power do you think $1 million will have in 15-20 years?

[cryptomaniac_xxx]

Be a Smart and Wise person Invest an amount for your Children Future on a Cold Wallet and never move those coins till your kids finish High school
So like 15-20 Years from now !

I think majority of us here are parents already, and so we all know that we need money to fuel their education and I think crypto investment will help us just like that. And all other investment too, not just crypto or bitcoin. As a parent we should know better how to shape the future of our kids, bring them food in the table and provide the basic necessities in life.

Many people limit their profit by not taking the right actions but trust me every penny worth
Even if u have low budget to invest for your kids do it , and save it for more than 15-20 years
e.g if u put today 100$  on BTC to save for ur Kids future , when they are 20 years that 100$ will go up and down in hours as bitcoin will hit High price

Dont be blind open your eyes

Not to burst the bubble for you, but you can't say to anyone that they made the bad decision if they are not going to take their profits. Of course, everyone of us here are 'smart', we know when we need to take profits and then how to used that profits. Just like what your said, maybe majority here are using it for their children's education and for their future.

[Reatim]

It's not going to hit even this year, it's going to be taking a long time before it will ever do that not to mention that bitcoin hasn't even reached 100k yet, it's definitely going to be going there but for now, the high hopes that it will go to that will be rewarded by disappointment.

even if we count a long years? bitcoin will not reach that value because if does then how come that this is a Currency when the value is more than how much it must be to use as payment option?

i think i heard this from Max Keiser a long time ago where BTC could reach up to $1M.

while i would like that price to be hit, i think it's too much of a bubble already. the more i believe BTC  is not meant for a currency that we can use to spend every day to purchase something we buy.  all i can think of it that is meant to be a reserve. an asset worth $1M each or more fits this kind of purpose.

have this same thoughts mate but in the past I also tend to agreed on this.

[GeorgeJohn]

The answer to that question is "YES", but the new question is "When?". And that's what we don't know yet. But you can be sure it will happen, and it's possible because our financial system allow us to get in infinite debt, that way money becomes infinite, and when you understand that then you will realize how the bitcoin price has no limits at all.

The answer should not be only yes because there is every possibility that Bitcoin may not reach to that extend because another technology may come up and bitcoin get scrapped out for the market, but as long as bitcoin is into existence and it gathers influence across all the nation there is every possibility that the price might be reach 1 million but right now we are looking at the price being up to one hundred thousand [100k]. It is obvious that the more bitcoin gather influence the more investors come in into cryptocurrency and the more cryptocurrency especially Bitcoin get increased because of investors.

Indeed Bitcoin can achieve this remarkable milestone but 15 to 20 years are way too longer IMO and it's really difficult for people to hodl something in cold storage for such a long time as just one hardware device can ruin your life long saving if you lose it. I would say let's split our investment into long term hodling and depending on market flow as well. There is no harm in buying Bitcoin in the bear market and selling them off during the bull run or even when it gives a decent amount of profit and repeat the cycle but this would require a lot of patience where many people would definitely fail.

investors who knows the rudiment of cryptocurrency especially Bitcoin no quite well that the more the Year comes up or come close the more Bitcoin have more people who is adopting it and the more the market of Bitcoin increase so therefore people would like to hold Bitcoin knowing that the more the year are adding the more the prices getting increased so many people will like to hold to their Bitcoin if they are opportune to buy now or they are opportune to buy in the bearish season.

Remember that the holding the Bitcoin have advantages and the advantages comes from the duration due place your Bitcoin and also when you purchase your Bitcoin because many people who foresee the development of Bitcoin and the purchase during the time the price was low, right now bitcoin has made them to become a billionaire based on the price continue to rise, but my advice to a beginner is to target when there is a bearish season and also ensure that the purchase and hold until the bullish time.

[blckhawk]

~

even if we count a long years? bitcoin will not reach that value because if does then how come that this is a Currency when the value is more than how much it must be to use as payment option?

Don't be like that my guy, people said the same thing about bitcoin when it was still trying to earn the trust of a lot of people back then, when it was priced at around 1 dollar apiece, they thought that it's going to be the last price of bitcoin but then the growth just keeps on showing up, so I wouldn't stop believing that it's going to go down to that anytime soon. Regarding your worries, think about it this way, each satoshi till the last decimal is going to have a value.

[Franctoshi]

Many people in the past and present has predicted that Bitcoin will reach 1 million per coin, which Ark & invest CEO Cathie wood is one of the Investors that have come out with such predictions, but in my opinion, right now, it looks unrealistic but if we zoom out and look at the journey of Bitcoin down here, we can say it's a price that can be achieved but not in the short term but on the long run, which some has predicted that by the year 2030 that price could be achieved, However I believe it only a matter of time, let's see what the price is going to do this bull run that we have had spot ETFs got approved and again we have institutional interest lately way more than before, and that kind of thing could make a change and we see crazy prices in the future.

[ARTOIS]

Maybe and maybe more or less, but they remain just expectations and nothing on paper. In light of this wave of rise, no one knows what will happen in the future.
Personally, I believe that no matter how much its value continues to rise, it will not exceed $100,000, and the market has returned to the heart of expectations, where its value may fall again.

[Coyster]

Personally, I believe that no matter how much its value continues to rise, it will not exceed $100,000, and the market has returned to the heart of expectations, where its value may fall again.

You are absolutely entitled to your own opinion and prediction, but i completely disagree with your prediction that Bitcoin would not exceed $100k. If you say $1m, then i might say we have to wait and see what would happen in the long run and you might be right if future events do not go in favor of the Bitcoin network, but as for $100k, i think we would exceed this amount as early as this year or next.

[YOSHIE]

Will BTC hit 1M ?

If you refer to several sources that say about Bitcoin speculation, of course you will find hundreds of speculations that say Bitcoin this year will reach the point of $1 million, on the other hand you will also find that Bitcoin will reach the level of more than $1 million.

Although there are various speculations that we can see about the price of Bitcoin this year, I just think Bitcoin is sitting at the $80k level and nothing more, that's my personal speculation, The point is that we all have varying understandings about Bitcoin, all the prices that have been mentioned in various sources, return to our respective beliefs, hoping that whatever happens will be better for all crypto users.

[BABY SHOES]

Bitcoin - 1M in 15 or 20 years? That is still reasonable but it is a long time when people continue to be in the crypto space every day then it will feel bored waiting for it, unless he leaves money in bitcoin and then leaves believing he will forget that time and come back when it comes.

This is not easy even when the price passes $500K it will shock the media and all because bitcoin is already high especially with 1M of course the holders will sell because the profit is much higher, I think people will see bitcoin can go down if it is not sold at $500K in my own scenario.

But of course I want a long time holding bitcoin within two decades, will this be able to? Of course I don't know, sometimes retail investors always need money, especially if the profits are high.

[wxa7115]

Will BTC hit 1M ?

If you refer to several sources that say about Bitcoin speculation, of course you will find hundreds of speculations that say Bitcoin this year will reach the point of $1 million, on the other hand you will also find that Bitcoin will reach the level of more than $1 million.

Although there are various speculations that we can see about the price of Bitcoin this year, I just think Bitcoin is sitting at the $80k level and nothing more, that's my personal speculation, The point is that we all have varying understandings about Bitcoin, all the prices that have been mentioned in various sources, return to our respective beliefs, hoping that whatever happens will be better for all crypto users.

Speculators have been predicting that bitcoin could reach one million dollars per coin as soon as the 2017 bull run, and it has not happened yet, but for those that have been here long enough, we know it is inevitable that this will happen, but I doubt it will happen during this bull run or even the next one.

We will need to wait until the 2032 bull run at the soonest to see that price and I am fine with that, as this means that we still have a lot of time to accumulate more bitcoin and take advantage of such a high price when it finally appears.

[cakravothy]

what is 1 M, 1 million dollar.
i think imposible even if bitcoin it reaches that price 1 million dollars , people will no longer use bitcoin. why is the sending fee so expensive and not competitive even compared to fiat money?

[OgNasty]

The way that Bitcoin is built there are really only two options. Either it will continue to rise in price when valued in fiat currencies or it will crash and become worthless. I don’t really see a future where Bitcoin is stable. It would take an incredible balancing act of a myriad of circumstances.

[rodskee]

Dont be blind open your eyes

I am not blind but I am looking only for reality and Hitting 1 million will not happen tomorrow or in
the next coming months so I know for a fact that it is exaggerating to seek for that much profit in the earliest time.

Indeed that 100k is near the table and can be happen in the next coming year but not that 1
million , I am not Fud but I am not also shill.

[AnonBitCoiner]

I think only those can wait for 15 to 20 years who have patience but if a person is in struggle to make quick profit then bitcoin is not an option for him. This is a good idea to keep bitcoin investment for your children but before giving him the control of asset teach him each and everything about bitcoin.

It does not mean that if you give bitcoin to your children then they will successfully earn profit but they have to use their knowledge and patience to move their investment in more secure and profitable way. 1M worth is very higher and it will take years and is not possible to happen in four or five years.

[348Judah]

It is Clear that bitcoin will be the only Currency for payments

What is the evidence to this, we cannot conclude yet, bitcoin can be the mainstream digital currency but doesn't equally means that the world will only have it as a means of payment, fiat may also exist along and the future ahead will determine which one will the people value more with higher priority.

Like there will be no Cash or VISA

we can't say as well, not until we see what comes in with bitcoin global adoption and the way it has been accepted as a legal tender by many countries, but we are definitely heading somewhere.

[Nrcewker]

It will definitely hit 1M, but yes we just don’t know when. It can happen in 1 year or 10 years also. Everything depends on the demand raised by the people to accumulate the coin. Few years back no one thought Bitcoins will cross 1000$, but currently Bitcoins have become the most valuable digital asset. So we just need to keep calm and show faith in the coin. Just accumulate and hold it for few years. Definitely you will see the profits.

[peter0425]

People denied bitcoin will ever reached 1000 dollars but now we seen it crossing more than 69 thousand dollars so what more that 1 million price?

but the same answers from everyone is that Time, when will we meet this price and that is something everyone must understand and keep waiting.

I believe that we will hit this price but maybe we need to wait for at least another couple of years or maybe another 13 years who knows.
what is important that our trust and our willingness to keep the wait for this to happen.

[beerlover]

It is Clear that bitcoin will be the only Currency for payments

What is the evidence to this, we cannot conclude yet, bitcoin can be the mainstream digital currency but doesn't equally means that the world will only have it as a means of payment, fiat may also exist along and the future ahead will determine which one will the people value more with higher priority.

There are absolutely no clues to that at all. Some people are just way too overboard with bitcoin world and I understand how excited they could get about it but we are quite certain that bitcoin will stay an alternative. It could very well be something that turns into legal tender one day in many nations, even then it won't be all nations but just some of them, but I believe that the best thing we could do at the moment would be just accepting it the way it is at the moment.

I believe that bitcoin will not become the single currency that everyone uses, of course it can be used and accepted in many more places and by many more people but that is just the adoption rate going up, it doesn't mean that we are going to do fine.

[Cryptoprincess101]

Speculating Bitcoin to reach 1M may come to reality if we look back at the price movement of Bitcoin since it was invented till now and it's assumed that about 2 million Bitcoin is yet to be mined to complete Satoshi's already speculated total Bitcoin of 21 million and the remaining 2 million is expected to be mined within 120 years so making a speculation of Bitcoin reaching an ATH of 1M is achievable though it may not be within your speculation of 15-20 years.

[Easteregg69]

Well, I believe that there is a possibility of reaching $100k someday but hitting $1M in the future is quite impossible. Even people are using the DCA strategy but it is too expensive and poor people can't afford it anymore. And even if the demand reaches too high, I couldn't still imagine it, maybe $200k is fair enough. If ever it happens, I don't see any reason that urge people to invest and hold for this won't just it concerning about the price but the hacking incident may give doubts to people.

But anyway, I don't think this is the right board for this topic. I believe this should be on the speculation board . edit

It's up +105882790.15%. From all time low.

[kentrolla]

It will definitely hit 1M, but yes we just don’t know when. It can happen in 1 year or 10 years also. Everything depends on the demand raised by the people to accumulate the coin. Few years back no one thought Bitcoins will cross 1000$, but currently Bitcoins have become the most valuable digital asset. So we just need to keep calm and show faith in the coin. Just accumulate and hold it for few years. Definitely you will see the profits.

Most of us knows that Bitcoin will hit $1M but the real question which no one could answer is when? When would it hit that figure? Because people are impatient and even if they know that Bitcoin will touch $1M in ten years and if there is a slight drop in price they would end up selling out of panic. I don't think most of us would hodl Bitcoin from now until $1M. Best would be doing DCA until it reaches $1M but with our own deadline as we might not be able to wait our whole life.

[STT]

Looking at the bitcoin rainbow chart, i am a little pessimistic about the bitcoin price projection, it says that bitcoin will reach $773,000 in 2028, that's too soon in my opinion, i think we will be at that level by 2040+.

Thats a good chart because it refers to a spectrum of possibilities just like light can defuse into multiple perceivable outcomes from the same initial shaft of light.   So that chart says its even possible we dont get to 100k by 2028 and its certainly not for sure that we get any of the higher prices through a whole possible range of prices for BTC.

Theres an estimation there that the rate of change for BTC is slowing down.   Its hard to say as the Dollar itself for this price is not a stable rate of change either, so we arent talking an absolute value in the future as it will not exist.  The dollar of each year is not equal to the dollar of any other year, its a unit of currency that constantly alters ironically quite unstable which is often how they criticize BTC as not valid.

To answer OP its possible and at this point quite probable a million is a possible figure for BTC in nominal terms.  Its also true it could take ten years or more to do so, its still an impressive feat imo.

[bettercrypto]

Most of people want microwave results and most of them are not patient
It is Clear that bitcoin will be the only Currency for payments
Like there will be no Cash or VISA

You can clearly see here on Bitcoin Rainbow Chart https://www.blockchaincenter.net/en/bitcoin-rainbow-chart/
That soon will hit 100k EZ and to 1M on Future

Be a Smart and Wise person Invest an amount for your Children Future on a Cold Wallet and never move those coins till your kids finish High school
So like 15-20 Years from now !

Many people limit their profit by not taking the right actions but trust me every penny worth
Even if u have low budget to invest for your kids do it , and save it for more than 15-20 years
e.g if u put today 100$  on BTC to save for ur Kids future , when they are 20 years that 100$ will go up and down in hours as bitcoin will hit High price

Dont be blind open your eyes

Yes, it is possible that Bitcoin will reach that; we are just not sure if after 10 years or 20 years. But I think 20 years seems like a long time, in my opinion. Actually, in the next bull run, I will gradually accumulate bitcoin because, right now, I am saving, but it is not my priority to really accumulate quickly. Although I know that this bitcoin is already proven,.

But if I really have a lot of money to buy Bitcoin, I will do it; I'm just not a rich person to do that, so only DCA can do it now so I can do what I want now for the future. And I do it for my family too.

[DanWalker]

It will definitely hit 1M, but yes we just don’t know when. It can happen in 1 year or 10 years also. Everything depends on the demand raised by the people to accumulate the coin. Few years back no one thought Bitcoins will cross 1000$, but currently Bitcoins have become the most valuable digital asset. So we just need to keep calm and show faith in the coin. Just accumulate and hold it for few years. Definitely you will see the profits.

Most of us knows that Bitcoin will hit $1M but the real question which no one could answer is when? When would it hit that figure? Because people are impatient and even if they know that Bitcoin will touch $1M in ten years and if there is a slight drop in price they would end up selling out of panic. I don't think most of us would hodl Bitcoin from now until $1M. Best would be doing DCA until it reaches $1M but with our own deadline as we might not be able to wait our whole life.

If bitcoin can maintain its growth rate, it is entirely possible for bitcoin to reach $1 million. But you are right, the problem here is that not too many people will be able to hold bitcoin until it reaches 1 million USD because we all need money for our lives. Our goal when investing in bitcoin is to find profits to serve our lives, so when we need money we will have to sell it.

Also, I want people to realize that even if we cannot hold bitcoin until it reaches $1 million, we should still invest in it even if it is worth $1 million. As long as bitcoin is volatile, we still have the opportunity to profit from it, so I hope newbies understand this well enough to know that it is never too late to invest in bitcoin.

[Taskford]

It will definitely hit 1M, but yes we just don’t know when. It can happen in 1 year or 10 years also. Everything depends on the demand raised by the people to accumulate the coin. Few years back no one thought Bitcoins will cross 1000$, but currently Bitcoins have become the most valuable digital asset. So we just need to keep calm and show faith in the coin. Just accumulate and hold it for few years. Definitely you will see the profits.

Most of us knows that Bitcoin will hit $1M but the real question which no one could answer is when? When would it hit that figure? Because people are impatient and even if they know that Bitcoin will touch $1M in ten years and if there is a slight drop in price they would end up selling out of panic. I don't think most of us would hodl Bitcoin from now until $1M. Best would be doing DCA until it reaches $1M but with our own deadline as we might not be able to wait our whole life.

If bitcoin can maintain its growth rate, it is entirely possible for bitcoin to reach $1 million. But you are right, the problem here is that not too many people will be able to hold bitcoin until it reaches 1 million USD because we all need money for our lives. Our goal when investing in bitcoin is to find profits to serve our lives, so when we need money we will have to sell it.

Also, I want people to realize that even if we cannot hold bitcoin until it reaches $1 million, we should still invest in it even if it is worth $1 million. As long as bitcoin is volatile, we still have the opportunity to profit from it, so I hope newbies understand this well enough to know that it is never too late to invest in bitcoin.

For having the supply is limited for people to acquire globally for sure this 1 million price target would provably get achieve knowing that there's a lot of people around the globe that provably ready to acquire once this is been legitimized by their government and call it as currency or good investment to anyone. Bitcoin is always volatile and I think the only way it can reach into that goal is if there's a lot of demand will pass thru the market and there will be a big hype will be created with some news then maybe that trigger for a bull run that can possibly help the price to reach at that 1m level.

Hopefully we can make them understand that there's nothing called late in bitcoin since they could able to decide on when they want to enter and at what figures they are comfortable to start with.

[Fara Chan]

what is 1 M, 1 million dollar.
i think imposible even if bitcoin it reaches that price 1 million dollars , people will no longer use bitcoin. why is the sending fee so expensive and not competitive even compared to fiat money?

Wouldn't all of that be worth the price when Bitcoin becomes more expensive? There is no need to worry and be afraid of that delivery fee problem because everything will be so appropriate when someone makes a transaction with one of the best assets that has been around for a long time in the crypto space. And I myself find it surprising that those of you who already have a ranking this high still think like that which basically has never been thought about by other people who continue to hope to see the price of Bitcoin at an even higher level than now.

So I think your thoughts like that are really funny and don't make sense. Because in general, when Bitcoin becomes more expensive, of course everyone will continue to look after it very well and will not just release it into the market so that this can make the network for sending Bitcoin more stable and will not become expensive in terms of costs.

[Falconer]

-snip-

Wouldn't all of that be worth the price when Bitcoin becomes more expensive? There is no need to worry and be afraid of that delivery fee problem because everything will be so appropriate when someone makes a transaction with one of the best assets that has been around for a long time in the crypto space. And I myself find it surprising that those of you who already have a ranking this high still think like that which basically has never been thought about by other people who continue to hope to see the price of Bitcoin at an even higher level than now.

So I think your thoughts like that are really funny and don't make sense. Because in general, when Bitcoin becomes more expensive, of course everyone will continue to look after it very well and will not just release it into the market so that this can make the network for sending Bitcoin more stable and will not become expensive in terms of costs.

No, transaction fees and scalability will always be considered an issue by some users. Luckily, bitcoin gives us the option to determine our own fees regardless of how long you have to wait in line to be mined. The greater the fees you incur, the faster your transactions will be mined. Cost issues will always be a problem, but you don't have to lose solutions to handle them.

People always expect transaction fees to be cheaper or even close to zero. I don't remember when I did a transaction with 1 sat/byte, but it was probably a long time ago since fees became more expensive. We have alternative options, and so do other users.

[samcrypto]

It will definitely hit 1M, but yes we just don’t know when. It can happen in 1 year or 10 years also. Everything depends on the demand raised by the people to accumulate the coin. Few years back no one thought Bitcoins will cross 1000$, but currently Bitcoins have become the most valuable digital asset. So we just need to keep calm and show faith in the coin. Just accumulate and hold it for few years. Definitely you will see the profits.

Not just about the demand but also depends on the government regulation and I think it will be hard for Bitcoin to reach that level if the government still not accepting it as a legal tender. Well, I’m also positive about the Bitcoin price and I think it can happen in 10 years or more as we are still dealing with so many challenges today, but soon if there’s a limited supply already with Bitcoin, that $1M ceiling price can surely be hit.

[tabas]

These patterns and charts have been interesting when we're about to enter the bull run on 2021. I think that aside from the rainbow chart, there's also the Stock-to-flow(s2f) model that have predicted that $100k was gonna happen on that cycle. I am one of those believers that it's very likely that the bull run cycle by that time will reach $100k but it didn't happen and it's not enough. However, that was good run and we're so close to $70k at that time. This time, we don't know how long it's going to take for Bitcoin to reach $1M. Am I believing that it is going to happen? Yes but timeframe of it is unknown as the market keeps on changing with its variance and the trends that we're having. Fundamentals are there together with the adoption rate increasing but this time, it's with the bigger institutions although last 2021 cycle we've got them as well but as said for this time, there's the Bitcoin spot ETFs.

[BITCOIN4X]

~Snip

Not just about the demand but also depends on the government regulation and I think it will be hard for Bitcoin to reach that level if the government still not accepting it as a legal tender. Well, I’m also positive about the Bitcoin price and I think it can happen in 10 years or more as we are still dealing with so many challenges today, but soon if there’s a limited supply already with Bitcoin, that $1M ceiling price can surely be hit.

As a result, increasing adoption will result in lower bitcoin price volatility. If adoption has reached a global scale, then people will expect more stability so as not to lose out due to its volatility. If price volatility is still very high and bitcoin prices tend to be manipulated, then the government is unlikely to legalize its adoption. Even if it is legalized, it will not reach a global scale.

Bitcoin probably won't hit $1m, that's too high to be true. But nothing is impossible in this world although I am not sure bitcoin will be worth $1m in the next 10 to 20 years. The most realistic price to look forward to right now is $100k, 10x lower than $1m.

[serjent05]

Most of people want microwave results and most of them are not patient
It is Clear that bitcoin will be the only Currency for payments
Like there will be no Cash or VISA

As much as I would like to see that to happen, I am afraid that is just a wishful thinking.  Bitcoin can be rejected by the government easily , like in my country, the government are very positive about Bitcoin since 2017 but the recent statement of the BSP (country's central bank) they leaning forward to create CBDC than adopting BTC.[1]

You can clearly see here on Bitcoin Rainbow Chart https://www.blockchaincenter.net/en/bitcoin-rainbow-chart/
That soon will hit 100k EZ and to 1M on Future

The future is uncertain, Bitcoin might be surging today but who knows what will happen on the following decade.  So do not count the chicken until the egg hatches.

Many people limit their profit by not taking the right actions but trust me every penny worth
Even if u have low budget to invest for your kids do it , and save it for more than 15-20 years
e.g if u put today 100$  on BTC to save for ur Kids future , when they are 20 years that 100$ will go up and down in hours as bitcoin will hit High price

Dont be blind open your eyes

That is good if Bitcoin keeps on surging but what if it became stagnant?  We shouldn't put our hopes to high in a high volatile market.  Just act accordingly as time unveils the path of Bitcoin Industry.

[1] https://cointelegraph.com/news/philippines-introduce-non-blockchain-cbdc-two-years

[kotajikikox]

It will definitely hit 1M, but yes we just don’t know when. It can happen in 1 year or 10 years also. Everything depends on the demand raised by the people to accumulate the coin. Few years back no one thought Bitcoins will cross 1000$, but currently Bitcoins have become the most valuable digital asset. So we just need to keep calm and show faith in the coin. Just accumulate and hold it for few years. Definitely you will see the profits.

Not just about the demand but also depends on the government regulation and I think it will be hard for Bitcoin to reach that level if the government still not accepting it as a legal tender. Well, I’m also positive about the Bitcoin price and I think it can happen in 10 years or more as we are still dealing with so many challenges today, but soon if there’s a limited supply already with Bitcoin, that $1M ceiling price can surely be hit.

Indeed mate that it will be harder fpr bitcoin in increase its value in short time because Government is the main ingredients here for this great currency reaches  7 figures but before that lets look for 6 digits first in which soon to happen at least next year if not happens now.

[fuguebtc]

It will definitely hit 1M, but yes we just don’t know when. It can happen in 1 year or 10 years also. Everything depends on the demand raised by the people to accumulate the coin. Few years back no one thought Bitcoins will cross 1000$, but currently Bitcoins have become the most valuable digital asset. So we just need to keep calm and show faith in the coin. Just accumulate and hold it for few years. Definitely you will see the profits.

Not just about the demand but also depends on the government regulation and I think it will be hard for Bitcoin to reach that level if the government still not accepting it as a legal tender. Well, I’m also positive about the Bitcoin price and I think it can happen in 10 years or more as we are still dealing with so many challenges today, but soon if there’s a limited supply already with Bitcoin, that $1M ceiling price can surely be hit.

Indeed mate that it will be harder fpr bitcoin in increase its value in short time because Government is the main ingredients here for this great currency reaches  7 figures but before that lets look for 6 digits first in which soon to happen at least next year if not happens now.

Bitcoin rose from under $1 to $69k without any approval or legal tender from the government. So on what basis do you think that whether bitcoin reaches 1 million USD or not depends on the government? Governments are indeed the biggest barrier slowing the spread of bitcoin, but they are not the main factor or catalyst that helps bitcoin value increase. Bitcoin once rose to $69k from zero without the government, it will be able to do it again to reach $1 million without government help. If bitcoin receives support from the government, it will help bitcoin reach $1 million faster, but if not, bitcoin reaching $1 million will still happen over time.

[justdimin]

what is 1 M, 1 million dollar.
i think imposible even if bitcoin it reaches that price 1 million dollars , people will no longer use bitcoin. why is the sending fee so expensive and not competitive even compared to fiat money?

We are talking about money here, so yeah it is a million dollar. Maybe for now we can say it's impossible because their gap is too wide but if ever BTC reaches more heights then the beliefs of the people are also going to be stronger. It was only the same on the past where people also doubt BTC will reach 1 USD, 10 USD, and so on... but look where it is now?

And actually the high price can mean that many people are using the coin. Don't worry because I don't think the transaction fees are going to be really expensive. Have you checked the fees lately? I think it's going back to its normal rate again despite of the recent surge in price, and if let say it will increase, it won't still stop the people from using it.

[wxa7115]

Bitcoin rose from under $1 to $69k without any approval or legal tender from the government. So on what basis do you think that whether bitcoin reaches 1 million USD or not depends on the government? Governments are indeed the biggest barrier slowing the spread of bitcoin, but they are not the main factor or catalyst that helps bitcoin value increase. Bitcoin once rose to $69k from zero without the government, it will be able to do it again to reach $1 million without government help. If bitcoin receives support from the government, it will help bitcoin reach $1 million faster, but if not, bitcoin reaching $1 million will still happen over time.

Bitcoin reaching one million per coin will happen at some point on the future, what we do not really know is when it will happen and the circumstances surround it at the time.

Besides while reaching such a milestone will be important, just as reaching five figures was during the 2017 bull run, at the same we must not content ourselves with bitcoin just reaching the price level, as I think it is way more important for bitcoin to remain above that level, and that will take longer than just reaching it.

[bakasabo]

We are talking about money here, so yeah it is a million dollar. Maybe for now we can say it's impossible because their gap is too wide but if ever BTC reaches more heights then the beliefs of the people are also going to be stronger. It was only the same on the past where people also doubt BTC will reach 1 USD, 10 USD, and so on... but look where it is now?

I think you are comparing it incorrectly when saying that Bitcoin has reached $1>$10> and so on. When it cost $1, it was quite unknown for people. Mostly enthusiasts knew about Bitcoin. Circulation was many times smaller than it is now. And it is always easier to make price increase when the price is low and not many coins were in circulation. Look on a situation now.

Simple chart. I have taken Bitcoin prices on Dec 31 during its whole period.



Look how prices changed during its past, and take a look on how huge is gap between current price and 1 million milestone. Imagine how much it has to gain, and how much time it will take to get from $59k to $1000k. And with time, it will become harder and harder to get gain in price.

[$weetne$$]

Look how prices changed during its past, and take a look on how huge is gap between current price and 1 million milestone. Imagine how much it has to gain, and how much time it will take to get from $59k to $1000k. And with time, it will become harder and harder to get gain in price.

Many people also believe that Bitcoin won't be trading at the current price before the halving but Bitcoin has passed that price and now targeting $65,000. Bitcoin price prediction shouldn't be limited, we should be realistic in our prediction but don't think that Bitcoin can't get to any price that it wants to. The more adoption increases and the popularity of Bitcoin also increase more institutional Investors will be coming into the market as they're the ones that brings in alot of money into Bitcoin that affects the price. $1M  is unrealistic of you're predicting that price for the bull market that's coming ahead or for the next bull market but if you're asking if Bitcoin can trade at that price in the future, my answer is yes because Bitcoin has reached many other milestones price that many individuals didn't believe it'll be trading pass those prices someday.

[adpinbr]

The most important thing is that you should always understand the meaning of the long term. Bitcoin investment is because you are saying the future currency, you can call it future digital currency that likely take out the use of physical cash.
The little bitcoin you keep in your wallet may  result to huge amounts tomorrow, which is future so therefore it is advice to get at least some few dollars of bitcoin in your wallet, nobody knows how far the price we hit tomorrow, but we all know that Bitcoin can get to any amount at any time because of the females, and the popularity of how Bitcoin is dominating the nation so it’s can come in a great way that no one that would have think of.

Advice. Everyone that have a home or children should also get some level of bitcoin at least put some dollars in each of their wallet and keep it even if you did not let them know just keep it in the nearest future it’s definitely worth something more bigger than you think.

[bakasabo]

Look how prices changed during its past, and take a look on how huge is gap between current price and 1 million milestone. Imagine how much it has to gain, and how much time it will take to get from $59k to $1000k. And with time, it will become harder and harder to get gain in price.

Many people also believe that Bitcoin won't be trading at the current price before the halving but Bitcoin has passed that price and now targeting $65,000. Bitcoin price prediction shouldn't be limited, we should be realistic in our prediction but don't think that Bitcoin can't get to any price that it wants to. The more adoption increases and the popularity of Bitcoin also increase more institutional Investors will be coming into the market as they're the ones that brings in alot of money into Bitcoin that affects the price. $1M  is unrealistic of you're predicting that price for the bull market that's coming ahead or for the next bull market but if you're asking if Bitcoin can trade at that price in the future, my answer is yes because Bitcoin has reached many other milestones price that many individuals didn't believe it'll be trading pass those prices someday.

Bitcoin has passed the path of being cost cent to $69k and it took him 10 years. $100k is already a huge milestone for a currency, and it will need time to reach that. Moreover, we havent passed ATH yet. And people already ask about $1m. Imho it is going to be a long journey to that price. Bitcoin aint no meme-coin to multiply price in short periods. I looks like it might take 10 years (number out of nowhere) to reach $1m, and that is why I see no point of discussing it today. We have plenty of time to do that when we would at least half way to there.

[Davian144]

Not just about the demand but also depends on the government regulation and I think it will be hard for Bitcoin to reach that level if the government still not accepting it as a legal tender. Well, I’m also positive about the Bitcoin price and I think it can happen in 10 years or more as we are still dealing with so many challenges today, but soon if there’s a limited supply already with Bitcoin, that $1M ceiling price can surely be hit.

I think it's still too far away for many people to enjoy because Bitcoin is still at $63K and has risen to $64K today. So, instead of thinking about prices that are too far away, it's better for you to first enjoy the increase in Bitcoin prices which is still occurring at the end of this month with quite extraordinary achievements in February. Because everyone doesn't need to think about government approval for payments via Bitcoin if the price of Bitcoin itself can still increase without any government intervention for now.

Indeed mate that it will be harder fpr bitcoin in increase its value in short time because Government is the main ingredients here for this great currency reaches  7 figures but before that lets look for 6 digits first in which soon to happen at least next year if not happens now.

I think that 6 digits could happen next year if Bitcoin's price increase continues like what happened this month. Have you also not enjoyed the increase in Bitcoin prices so far or do you not know what to say after seeing market conditions that continue to improve like now? Because now Bitcoin is starting to make extraordinary levels in its price range so that things that were previously thought impossible have become possible now thanks to the price increase which is truly extraordinary in my opinion.

[STT]

If it continued to gain at the current rate then BTC price would be 1 mil by Xmas but thats not its normal nature, moving in just one direction upwards would be ironically too volatile to sustain.    A collapse or very harsh reset is quite likely if that occurred.

Current rate of gains is about 4333 dollars per day.    That brings us to $100000 in just 8 days or so.

After that if gains continued the same rate it would be another 100k gain every 23 days or so.    

So 200 days or about 7 months later the Autumn of 2024 we'd be at million dollars to answer the OP.   You have a scenario taking only the best most brightest outlook of present gains continuing, its possible but not likely.   Extrapolating the 200 day moving average or even 200 week is probably more sensible to estimate on but they start off lower at 37k and 32k respectively.

[fuguebtc]

Bitcoin rose from under $1 to $69k without any approval or legal tender from the government. So on what basis do you think that whether bitcoin reaches 1 million USD or not depends on the government? Governments are indeed the biggest barrier slowing the spread of bitcoin, but they are not the main factor or catalyst that helps bitcoin value increase. Bitcoin once rose to $69k from zero without the government, it will be able to do it again to reach $1 million without government help. If bitcoin receives support from the government, it will help bitcoin reach $1 million faster, but if not, bitcoin reaching $1 million will still happen over time.

Bitcoin reaching one million per coin will happen at some point on the future, what we do not really know is when it will happen and the circumstances surround it at the time.

Besides while reaching such a milestone will be important, just as reaching five figures was during the 2017 bull run, at the same we must not content ourselves with bitcoin just reaching the price level, as I think it is way more important for bitcoin to remain above that level, and that will take longer than just reaching it.

If demand for bitcoin increases steadily, it is only a matter of time before it reaches $1 million, and it is normal for it to remain above $1 million or higher as long as demand for it remains . But what I want to say here is that I disagree when he says that whether bitcoin reaches 1 million USD or not depends on the government . That's not entirely true, the value of bitcoin will depend on our demand and the government cannot stop the demand for bitcoin. If they could stop bitcoin, they would have done it a long time ago, not wait until now .

[FinePoine0]

A Bitcoin price of $1 million is possible after the halving in 2032, and is likely to rise further. Because of the four-year halving, Bitcoin's price has the most momentum. The more you cross the halving, the more the price of Bitcoin will increase and the block will decrease. Notice the halvings since 2012. We have gone through a total of three halvings so far, and the price of Bitcoin ended at $69,000 at the last halving in 2021, when the bull run started in 2021. If the price of Bitcoin is 150k dollars this year, then I think it is possible for Bitcoin to be a million dollars before 2032.

[BABY SHOES]

A Bitcoin price of $1 million is possible after the halving in 2032, and is likely to rise further. Because of the four-year halving, Bitcoin's price has the most momentum. The more you cross the halving, the more the price of Bitcoin will increase and the block will decrease. Notice the halvings since 2012. We have gone through a total of three halvings so far, and the price of Bitcoin ended at $69,000 at the last halving in 2021, when the bull run started in 2021. If the price of Bitcoin is 150k dollars this year, then I think it is possible for Bitcoin to be a million dollars before 2032.

That is a long time away but it might happen in the future and we never know how long it will continue to HODL bitcoin by going through many cycles where it is the biggest momentum for people to take advantage, but only strong hands can afford it.

Bitcoin - Nothing is impossible when it comes to price speculation, some experts involved in bitcoin have said bitcoin will reach millions of dollars given the limited supply and high demand and miners are increasingly reduced that I know, but we should never leave bitcoin even though we have sold it at ATH but there is a time when there is a bearish phase to enter again.

[Greyhats]

There is two quotes that have got stuck in my head when we talk about speculating very high prices per BTC. I dont even know if this is correct or not but from the perspective of BTC there is an value range based on the cost the mine 1 btc we can try to extrapolate the speculation range for the price of 1 btc.


Taking these viewpoints together, one way (and not the only way) of looking at 1MM/btc implies that the mining cost would either have to be at 1MM/btc on the low end or on the high end. I think thats very far away though, maybe another 10-15 years, few more halvings need to happen as the driver(from this perspective) to push mining costs to where 1MM/btc is attainable.



The first quote here, from Hal Finney talks about a potential correlation between cost to mining and price.

One reason price might follow difficulty is that mining should not be too profitable (because nothing should be too profitable, the world doesn't leave free money lying around). Therefore the price of Bitcoins can't rise too much above the cost of mining (counting equipment depreciation among the costs of course). The cost of mining is proportional to the difficulty (approximately). Therefore we might expect to see price proportional to difficulty.

We do see a nearly proportional relationship in the 1st graph, but that data set was incomplete. I'd like to see that last graph redone with a linear difficulty scale so we could see how the proportionality holds up with more data.

The second quote is from Franky1, about ranges and speculated price ranges.

imagine it this way

imagine the most expensive location to mine bitcoin on the planet being japan and hawaii where by in 2021 the mining cost max of the planet was $75k

imagine the most efficient location to mine bitcoin on the planet being asia and slovic areas where by in 2021 the mining cost min of the planet was $15k

now imagine speculation psychology...

if no one on the planet can mine for less than $15k then no one wants to sell for less and everyone would turn to buying at that low.. this creates a support wall to stop it going down below $15k


if everyone on the planet can mine for less than $75k then no one wants to buy for more than $75k everyone would turn to mining and selling at that high.. this creates a resistance wall to stop it going up

well now in 2023 the support of the planet is about $22k and the resistance is at $150k

and the market ALWAYS speculates between the periods support/resistance of the economy

..
the resistance and support does rise at a slower pace and the market speculates randomly within the moving limits

as long as the mining cost/competition continues we will not see  a zero bottom again

[Lanatsa]

Bitcoin rose from under $1 to $69k without any approval or legal tender from the government. So on what basis do you think that whether bitcoin reaches 1 million USD or not depends on the government? Governments are indeed the biggest barrier slowing the spread of bitcoin, but they are not the main factor or catalyst that helps bitcoin value increase. Bitcoin once rose to $69k from zero without the government, it will be able to do it again to reach $1 million without government help. If bitcoin receives support from the government, it will help bitcoin reach $1 million faster, but if not, bitcoin reaching $1 million will still happen over time.

Bitcoin reaching one million per coin will happen at some point on the future, what we do not really know is when it will happen and the circumstances surround it at the time.

Besides while reaching such a milestone will be important, just as reaching five figures was during the 2017 bull run, at the same we must not content ourselves with bitcoin just reaching the price level, as I think it is way more important for bitcoin to remain above that level, and that will take longer than just reaching it.

If demand for bitcoin increases steadily, it is only a matter of time before it reaches $1 million, and it is normal for it to remain above $1 million or higher as long as demand for it remains . But what I want to say here is that I disagree when he says that whether bitcoin reaches 1 million USD or not depends on the government . That's not entirely true, the value of bitcoin will depend on our demand and the government cannot stop the demand for bitcoin. If they could stop bitcoin, they would have done it a long time ago, not wait until now .

$1M is hard but its not really that impossible.

1. Increase recognition/adoption
2. Decrease supply circulation (via halving)
3. ETF in full scale mode
4. Global adoption

These things on what it makes could possibly be able to hit up those numbers but it would be always better that you shouldnt really be making yourself that too optimistic
so that you wont really be ending up on getting disappointed because this is where people do really think up. Be realistic at least.
If you do believe that it could reach out into those numbers then it would really be that best that you should be accumulating as much as you could.
It all matters on the actions that you would really be taking. Each one of us does have that diferent ideas in mind or approach on things.

[bakasabo]

1. Increase recognition/adoption

I dont think this is going to work. El Salvador is an example it wont work. When they announced that bitcoin is a legal payment in their country, the whole world talked about it, but it does not affect bitcoin price at all. The price even later went down, leaving El Salvador government with bitcoins purchased for expensive price. Moreover, after distribution of «free $30 in BTC» to locals, many have withdrawn it instantly and continued to use US dollar.

[fuguebtc]

Bitcoin rose from under $1 to $69k without any approval or legal tender from the government. So on what basis do you think that whether bitcoin reaches 1 million USD or not depends on the government? Governments are indeed the biggest barrier slowing the spread of bitcoin, but they are not the main factor or catalyst that helps bitcoin value increase. Bitcoin once rose to $69k from zero without the government, it will be able to do it again to reach $1 million without government help. If bitcoin receives support from the government, it will help bitcoin reach $1 million faster, but if not, bitcoin reaching $1 million will still happen over time.

Bitcoin reaching one million per coin will happen at some point on the future, what we do not really know is when it will happen and the circumstances surround it at the time.

Besides while reaching such a milestone will be important, just as reaching five figures was during the 2017 bull run, at the same we must not content ourselves with bitcoin just reaching the price level, as I think it is way more important for bitcoin to remain above that level, and that will take longer than just reaching it.

If demand for bitcoin increases steadily, it is only a matter of time before it reaches $1 million, and it is normal for it to remain above $1 million or higher as long as demand for it remains . But what I want to say here is that I disagree when he says that whether bitcoin reaches 1 million USD or not depends on the government . That's not entirely true, the value of bitcoin will depend on our demand and the government cannot stop the demand for bitcoin. If they could stop bitcoin, they would have done it a long time ago, not wait until now .

These things on what it makes could possibly be able to hit up those numbers but it would be always better that you shouldnt really be making yourself that too optimistic
so that you wont really be ending up on getting disappointed because this is where people do really think up. Be realistic at least.
If you do believe that it could reach out into those numbers then it would really be that best that you should be accumulating as much as you could.
It all matters on the actions that you would really be taking. Each one of us does have that diferent ideas in mind or approach on things.

I predict and believe that bitcoin can reach 1 million USD in the future but that doesn't mean I will accumulate and hold it until I reach that goal. Our lives have more important things to pay attention to, and investing is just one part of our lives. So I will sell my bitcoins at the right time to serve my life and will buy back when the opportunity arises.

Additionally , what I care about when it comes to financial markets is volatility, not the highest price it can reach. For me, as long as bitcoin's volatility persists, I always have a chance to profit.

[Moreno233]

I am not more than convinced that Bitcoin will reach $1M in the future. The increased involvement of big capital who are not just coming for quick profits but have the willingness to HODL is something positive I believe can push price towards the $1M target. The next phase of capital injection into Bitcoin will likely be from governments of the world, I see a situation where countries will invest in Bitcoin for national reserves just like El Salvador did. The Arab world might take this lead. There was rumor of Saudi Arabia planning an investment in Bitcoin, even though this is not true, there is a saying that "there is no smoke without fire".

[thecodebear]

I am not more than convinced that Bitcoin will reach $1M in the future. The increased involvement of big capital who are not just coming for quick profits but have the willingness to HODL is something positive I believe can push price towards the $1M target. The next phase of capital injection into Bitcoin will likely be from governments of the world, I see a situation where countries will invest in Bitcoin for national reserves just like El Salvador did. The Arab world might take this lead. There was rumor of Saudi Arabia planning an investment in Bitcoin, even though this is not true, there is a saying that "there is no smoke without fire".

Govt involvement is probably a good number of years away. Definitely not the next phase. Maybe it could happen next decade.


Current phase, which will play out over the next few years, is Wall St getting involved, through these ETFs. Still only just starting this phase.

Next phase is going to be corporations putting Bitcoin on their balance sheets. That started in 2020, but for the most died out fairly quickly except for MicroStrategy. I would expect at some point this bull run we'll hear about another round of companies starting to do this. Though it will probably take a few years before this starts to become a trend. Maybe by end of decade its normal for big companies to be adding Bitcoin to their balance sheets and holding it long term. So that's probably next phase that gets going after the current Wall St phase.

By the time all that has taken place Bitcoin will be starting to become normalized I would suspect. The hatred and fear of Bitcoin won't be so rampant anymore as it always has been. In the 2030s we might start to see govts getting some Bitcoin for their national reserves, probably smaller govts first. I wouldn't expect the governments of the largest economies to do it until the 2040s. Also during this phase, 2030s-2040s, we should expect to see merchants start accepting Bitcoin and Bitcoin payments gradually start to become a thing. Around 2040 I expect Bitcoin will hit the coveted $1 million price.

[Sorryfor]

It is a very good plan to save for the future. Maybe it's for your child or your own future. In this case, keeping your money invested in Bitcoin for a long 15 to 20 years is a bit too patient in my opinion. And keeping your bitcoin safe for years can be risky. My personal opinion is that you invest in bitcoins and when you get a chance that you can profit from your investment, you keep the profit you make and keep your principal and put the profit elsewhere. In this way you can save your money in Bitcoins as well as earn profit from it at a certain point in time And if you want to hold it for a long time, you will find it difficult to hold it when its value increases several times.

[AirtelBuzz]

I am not more than convinced that Bitcoin will reach $1M in the future.

It seems crazy to me that Bitcoin will ever reach $1 million. It may be our wishful thinking that the price of Bitcoin will rise to a million dollars. Seeing how the price of Bitcoin is increasing day by day many people might imagine that the price of Bitcoin might reach $100k. Bitcoin price hit another new all-time high today. According to today's market the current price of bitcoin is above $71k dollars maybe it is going to cross 80 thousand dollars very soon we can see it before bitcoin halving. From this situation I think it will take until 2080 for the price of Bitcoin to reach $1M dollars and it may not be possible.

[robelneo]

I am not more than convinced that Bitcoin will reach $1M in the future.

It seems crazy to me that Bitcoin will ever reach $1 million. It may be our wishful thinking that the price of Bitcoin will rise to a million dollars. Seeing how the price of Bitcoin is increasing day by day many people might imagine that the price of Bitcoin might reach $100k. Bitcoin price hit another new all-time high today. According to today's market the current price of bitcoin is above $71k dollars maybe it is going to cross 80 thousand dollars very soon we can see it before bitcoin halving. From this situation I think it will take until 2080 for the price of Bitcoin to reach $1M dollars and it may not be possible.

One guy who was once the founder of Mcafee predicted and believed that Bitcoin would hit $1 million he even made a challenge to eat a part of his body I will not mention it here, I don't want to be pessimistic that Bitcoin will hit $1 million because I have seen how in the past people doubt that it will hit $500 but it did.

Many people did not believe that it would hit the thousand mark but it did many people did not believe it would recover after it crashed to $5k during the pandemic but it did recover, I don't want to be part of these unbelievers, I believe it will hit $1million and it could be this decade, who knows?

[Claymore2]

From my perspective, the answer to that question leans towards a positive outcome. However, the real uncertainty lies in the timing - "When?" remains the pressing question. Despite this ambiguity, one thing is clear: it's not a matter of "if", but "when". Our financial system's ability to accumulate infinite debt suggests that money can essentially become limitless. Recognizing this notion sheds light on why the price of Bitcoin may have no upper bounds.

[nil_krokodil]

We have a new all time high right now and for Bitcoin, I would not rule out a massive number of 1 Million but it will take much time for Bitcoin to possibly reach such high number.
People start to see Bitcoin like a digital gold and it is very good for Bitcoin, also to offer more functions like gold does because Bitcoin is digital gold.
Ethereum might also bring many benefits, where crypto as a whole is getting more attractive to investors.

[MFahad]

We have a new all time high right now and for Bitcoin, I would not rule out a massive number of 1 Million but it will take much time for Bitcoin to possibly reach such high number.
People start to see Bitcoin like a digital gold and it is very good for Bitcoin, also to offer more functions like gold does because Bitcoin is digital gold.
Ethereum might also bring many benefits, where crypto as a whole is getting more attractive to investors.

Though what you said about Bitcoin is right, let's not compare Bitcoin with altcoins even ETH which is the second largest cryptocurrency in the market by popularity and trust.
What I believe in is that we shouldn't have unrealistic expectations about Bitcoin or any other cryptocurrency, and even if we know Bitcoin has got the potential to reach a very high price in the future, we can't be sure about it because Bitcoin is a volatile asset and it is a part of a market that is extremely unpredictable, so even if it manages to reach $500k in the next few years, we can't be sure whether it will make it farther or will drop significantly from there.

[nimethasa]

it is very unlikely that the price of bitcoin will rise to 1 million dollars. because if the price of bitcoin reaches 1 million dollars people will not use bitcoin anymore because of its sending fee which is certainly very expensive at this time it is also already expensive when compared to sending fees for other online payments such as paypal.

[martinex]

Although the market price of Bitcoin goes up after every halving and everyone can assume the price of BTC will go to 100k or even hit 1M. It's better if we see the adoption first, hopefully it will be full quickly and the BTC supply will all be sold out in the new market.

Yes, It's easy.  We'll see whether the market will bring the BTC price up or will flip down again.

[pinggoki]

It will eventually but not at the current halving, it's been my belief for a long time that if bitcoin hasn't reached a 100k USD in price, it's not yet the time to hope that it will be able to reach 1m USD. It will but it's useless to dream about something that's going to be impossible for the time being to happen, just take it step by step and you're going to be fine. Maybe when we see bitcoin get more adoption as time goes by and the demand will increase more than we expect then it's going to be not so bad to dream that bitcoin's going to reach 1 million in the near future.

[FinePoine0]

Most of people want microwave results and most of them are not patient
It is Clear that bitcoin will be the only Currency for payments
Like there will be no Cash or VISA

You can clearly see here on Bitcoin Rainbow Chart https://www.blockchaincenter.net/en/bitcoin-rainbow-chart/
That soon will hit 100k EZ and to 1M on Future

Be a Smart and Wise person Invest an amount for your Children Future on a Cold Wallet and never move those coins till your kids finish High school
So like 15-20 Years from now !

Many people limit their profit by not taking the right actions but trust me every penny worth
Even if u have low budget to invest for your kids do it , and save it for more than 15-20 years
e.g if u put today 100$  on BTC to save for ur Kids future , when they are 20 years that 100$ will go up and down in hours as bitcoin will hit High price

Dont be blind open your eyes

Bitcoin price will touch $1 million but after many days. If we wait until 2032, it is possible that the price of Bitcoin will reach 1 million dollars. Because currently the price of Bitcoin reached an all-time high in March ahead of the 2024 halving. The current Bitcoin price has touched up to $73220, it has returned to this level after a long time, and it is very likely that Bitcoin price will reach $150k due to many good news in this 2024 halving. So I guess if it is till 2032 it will be possible for Bitcoin price to reach 1 million dollars.

[nil_krokodil]

We have a new all time high right now and for Bitcoin, I would not rule out a massive number of 1 Million but it will take much time for Bitcoin to possibly reach such high number.
People start to see Bitcoin like a digital gold and it is very good for Bitcoin, also to offer more functions like gold does because Bitcoin is digital gold.
Ethereum might also bring many benefits, where crypto as a whole is getting more attractive to investors.

Though what you said about Bitcoin is right, let's not compare Bitcoin with altcoins even ETH which is the second largest cryptocurrency in the market by popularity and trust.

Yes, you are right, a comparison between Altcoins, even Ethereum and Bitcoin is very difficult and Bitcoin does not need Ethereum to succeed.
Bitcoin can reach 1M USD and Bitcoin will be a promising coin, no matter how many Altcoins are its competition.

[Zanab247]

One day, surely. Today, nope. Next year, nope. But one day, for sure. Bitcoin is built on a great structure and the 4 year cycles will keep on working even if we all remain on this planet earth or not.
I completewly believe that Bitcoin has the capability of reaching 1 Million USD per Bitcoin. If it can go from $1 to $10,000. It won't be difficult to go from $100,000 to $1,000,000.

If the price of BTC people thought that it will not rise above $1 from the beginning and the price has hit $73k, show that many more years to come the price will continue to rise higher to make people to sell in the bull season and buy in the bear season.


Yes, one day the price of BTC will hit $1m  because this current price has make people to believed that BTC will go a long way to make people to value BTC and invest in BTC so that they will continue making profits whenever they sell during the bull run.

[Hamphser]

One day, surely. Today, nope. Next year, nope. But one day, for sure. Bitcoin is built on a great structure and the 4 year cycles will keep on working even if we all remain on this planet earth or not.
I completewly believe that Bitcoin has the capability of reaching 1 Million USD per Bitcoin. If it can go from $1 to $10,000. It won't be difficult to go from $100,000 to $1,000,000.

If the price of BTC people thought that it will not rise above $1 from the beginning and the price has hit $73k, show that many more years to come the price will continue to rise higher to make people to sell in the bull season and buy in the bear season.


Yes, one day the price of BTC will hit $1m  because this current price has make people to believed that BTC will go a long way to make people to value BTC and invest in BTC so that they will continue making profits whenever they sell during the bull run.

No one had anticipated that we would really be going this far on which if we do tend to look at into those early days of Bitcoin on which its value which is close to zero but eventually it did able to fly out its value
into something that we didnt anticipate that it would really be on this way. How much more into those people who are early adopters of Bitcoin on which they didnt really be able to believe that it did make this far.
For us into those who had later be able to know about Bitcoin and now we are talking about $1M per coin then it might looks unrealistic but just like been said that everything could really be that possible
and it would really be that depending on the market demand and recognition on which these are the main factors that could driven out Bitcoins price into these certain levels.

[livingfree]

$100k is just a few steps away and $1M, we don't know if it will be there by next years but I am hoping that I'd see it while I am still alive.

Cathie Wood predicts it will happen by next year. Seem implausible but with all the volatility that Bitcoin possesses, we don't know if 1 year is enough.

But IMHO, it's not enough to expect that it will be like that next year. $100k and up is possible but there's a limit for that up and could be $150k-$200k.

[ajiz138]

$100k is just a few steps away and $1M, we don't know if it will be there by next years but I am hoping that I'd see it while I am still alive.

Cathie Wood predicts it will happen by next year. Seem implausible but with all the volatility that Bitcoin possesses, we don't know if 1 year is enough.

But IMHO, it's not enough to expect that it will be like that next year. $100k and up is possible but there's a limit for that up and could be $150k-$200k.

$100K is most people's target as this is still quite realistic whereas $1M is still a long way off and won't be around in a year's time, but here's the same when I'm alive I'd like to see prices at $1M.
Cathie Wood said next year then it's an exaggeration I wouldn't consider happening but everyone is free to say what they want, but we have to be logical to think like this and look at how historical cycles have happened.
What you said is still quite normal and $200K as the highest on ATH right now is still possible even though it's a bit of a distance but we don't know where btc will go.

[Nothingtodo]

Bitcoin may reach million dollars but I can't predict how many years in the future it may reach. Although it is an uncertain possibility, Bitcoin will reach millions of dollars in the future in the 21st century.
However, Bitcoin is very close to $100k and bounces back to $64,000. I think it could go over $100k anytime after the April halving but million dollars of bitcoin lost is a matter of time and I can't guarantee that I'll see it in my lifetime.

[livingfree]

$100k is just a few steps away and $1M, we don't know if it will be there by next years but I am hoping that I'd see it while I am still alive.

Cathie Wood predicts it will happen by next year. Seem implausible but with all the volatility that Bitcoin possesses, we don't know if 1 year is enough.

But IMHO, it's not enough to expect that it will be like that next year. $100k and up is possible but there's a limit for that up and could be $150k-$200k.

$100K is most people's target as this is still quite realistic whereas $1M is still a long way off and won't be around in a year's time, but here's the same when I'm alive I'd like to see prices at $1M.
Cathie Wood said next year then it's an exaggeration I wouldn't consider happening but everyone is free to say what they want, but we have to be logical to think like this and look at how historical cycles have happened.
What you said is still quite normal and $200K as the highest on ATH right now is still possible even though it's a bit of a distance but we don't know where btc will go.

Yes. This is a free market and we always get to see those with names in their own thoughts that have been predicting thinking that they're significant and many are going to believe them.

If they've got believers, they're just free to believe those crypto evangelists and predictors that are giving them numbers but it doesn't mean that they're happening anytime soon.

I've witnessed too many speculations that never happened but I'm still giving them time if someday those prices that are tremendously high will happen. As they say, it's just a matter of time.

[Hallroom]

It is certain that the price of bitcoin will increase, the more one invests, the more bitcoins one can get out of the fit. If you look at the previous halving year 2020, Bitcoin price peaked at $69k in 2021. So currently bitcoin price is 73k dollar, I think 2024 halving bitcoin price will touch 100k dollar. So for now we have to wait till 2032 for it to reach 1 million dollars. That would be possible because the price of Bitcoin is the highest in every Bitcoin cycle.

[mirakal]

It is certain that the price of bitcoin will increase, the more one invests, the more bitcoins one can get out of the fit. If you look at the previous halving year 2020, Bitcoin price peaked at $69k in 2021. So currently bitcoin price is 73k dollar, I think 2024 halving bitcoin price will touch 100k dollar. So for now we have to wait till 2032 for it to reach 1 million dollars. That would be possible because the price of Bitcoin is the highest in every Bitcoin cycle.

Certainly it is. However, the problem is we can’t tell exactly as to when will bitcoin price reach that point. We have been witnessing bitcoin price continue surging every year until it reaches its new all time high. But due to its high volatility, its price suddenly falls backs when fluctuations or price correction appears, and there’s nothing we can do to control that. So if ever bitcoin price will hit $1m 5 or 10 years from now, then it would mean exceptional profits for all of us. This is the reason why I always believe hodling is the key, but of course selling at some point should not be overlook as we are here to gain that profits, not to keep those profits forever.

[Essential10]

I hope the bitcoin price will reach 1 million at some point in the future. We are in 2024 and Bitcoin saw its highest price before halving this year which was above $73k. After the Bitcoin halving we may enter Bitcoin's main bull run. We are all preoccupied with the possibility that Bitcoin will go above $100k. Now we expect Bitcoin price to go above $100k in the main bull run this year. At the rate Bitcoin price is going we can expect gradual appreciation every year. It's hard to say how in the future, but we have to wait more than a century for Bitcoin to reach one million.

[Iranus]

It is certain that the price of bitcoin will increase, the more one invests, the more bitcoins one can get out of the fit. If you look at the previous halving year 2020, Bitcoin price peaked at $69k in 2021. So currently bitcoin price is 73k dollar, I think 2024 halving bitcoin price will touch 100k dollar. So for now we have to wait till 2032 for it to reach 1 million dollars. That would be possible because the price of Bitcoin is the highest in every Bitcoin cycle.

Certainly it is. However, the problem is we can’t tell exactly as to when will bitcoin price reach that point. We have been witnessing bitcoin price continue surging every year until it reaches its new all time high. But due to its high volatility, its price suddenly falls backs when fluctuations or price correction appears, and there’s nothing we can do to control that. So if ever bitcoin price will hit $1m 5 or 10 years from now, then it would mean exceptional profits for all of us. This is the reason why I always believe hodling is the key, but of course selling at some point should not be overlook as we are here to gain that profits, not to keep those profits forever.

I agree, bitcoin could reach $1 million in the future if demand for it continues to grow higher for years to come. But if we claim that it will happen in 2032, it is somewhat subjective and a bit exaggerated. Don't forget that bitcoin is unpredictable, so don't be too subjective with your judgment and always have a backup plan.

Also, you're right, we have to sell a portion of the bitcoin at some point to make a profit. If we don't sell and hold bitcoin forever then our investment will be useless.

[FinePoine0]

It is certain that the price of bitcoin will increase, the more one invests, the more bitcoins one can get out of the fit. If you look at the previous halving year 2020, Bitcoin price peaked at $69k in 2021. So currently bitcoin price is 73k dollar, I think 2024 halving bitcoin price will touch 100k dollar. So for now we have to wait till 2032 for it to reach 1 million dollars. That would be possible because the price of Bitcoin is the highest in every Bitcoin cycle.

If the price of Bitcoin wants to reach 1 million dollars, it must wait a long time. If we wait until about 2036 we will reach $1 million, three halvings from now it will be possible to reach $1 million. Because the price of Bitcoin is dumped after bull market, the price of Bitcoin must reach the peak of the improvement by staying between the dumping and the pumping. Therefore, I think that if we wait until approximately 2036, we will only be able to reach one million dollars.

[gunhell16]

All the community in this field of the forum wants Bitcoin's price value to be like that. Because if we all know, for example, this bull run, he will really be 1 million, and there is a strong basis that for sure everyone will buy Bitcoin as much as our budget can afford.

That's just the reality of what's happening in the market. 14 years in the crypto industry have proven and tested that the market is unpredictable. So, that means it is possible for that to happen, but no one knows when it will happen, so others may think it will be a long time or others will start saving up every time they have something to buy.

[Republikcoin.com]

If the price of Bitcoin wants to reach 1 million dollars, it must wait a long time. If we wait until about 2036 we will reach $1 million, three halvings from now it will be possible to reach $1 million. Because the price of Bitcoin is dumped after bull market, the price of Bitcoin must reach the peak of the improvement by staying between the dumping and the pumping. Therefore, I think that if we wait until approximately 2036, we will only be able to reach one million dollars.

So what's wrong with that if there are people who want to wait for it even just to see it? For now I'm still not thinking about such a high price because from some of the predictions made by crypto experts they currently prefer to say about a price of $100K for Bitcoin in the not so distant future. This means that if the price increase can still occur after the halving, there is a possibility for Bitcoin to reach that level and not the price level of 1 million dollars because that is a level that is quite far away for Bitcoin to reach even in a short period of time.

[lepbagong]

It is certain that the price of bitcoin will increase, the more one invests, the more bitcoins one can get out of the fit. If you look at the previous halving year 2020, Bitcoin price peaked at $69k in 2021. So currently bitcoin price is 73k dollar, I think 2024 halving bitcoin price will touch 100k dollar. So for now we have to wait till 2032 for it to reach 1 million dollars. That would be possible because the price of Bitcoin is the highest in every Bitcoin cycle.

We cannot avoid the fact that over time the supply of Bitcoin always decreases, so if the price increases, it is clear that there is a lot of demand. The 2021 ATH is $69K, and what is the next ATH after making the first at $73K? Everyone is still speculating, and we have to remember that it could happen like 2013 when ATH happened twice, or it could happen like 2021, where we hoped it would reach $100K but only to find out it could only reach $69K. So there are always many possibilities. It's just an advantage that the halving period hasn't happened yet and there are big hopes after the halving period has passed. If there is a surprise, it will reach $100K or maybe $125K, we hope. But if it can reach $1M, of course it will take a very long time for it to be realized, although I doubt it will happen, because the MC is too high if the price reaches $1M?

[erep]

So what's wrong with that if there are people who want to wait for it even just to see it? For now I'm still not thinking about such a high price because from some of the predictions made by crypto experts they currently prefer to say about a price of $100K for Bitcoin in the not so distant future. This means that if the price increase can still occur after the halving, there is a possibility for Bitcoin to reach that level and not the price level of 1 million dollars because that is a level that is quite far away for Bitcoin to reach even in a short period of time.

The prediction of $1 million dollars will be achieved but the prediction of such a high price will be reached in 10 years or longer and currently the hope of reaching 1 million dollars can be archived for future proofing, we hold realistic predictions from crypto experts for the price of $100k and reaching the price is increasingly close to the current market price, based on market analysis to reach the 100k level requires strong support and the market is currently testing the realistic price. There will be 2 possibilities, first the market will return to reach 70k before the halving and the second option the market will experience a high correction reaching the price below $50k before the bull market will recover the price to reach the next ATH.

[ajiz138]

Yes. This is a free market and we always get to see those with names in their own thoughts that have been predicting thinking that they're significant and many are going to believe them.

If they've got believers, they're just free to believe those crypto evangelists and predictors that are giving them numbers but it doesn't mean that they're happening anytime soon.

I've witnessed too many speculations that never happened but I'm still giving them time if someday those prices that are tremendously high will happen. As they say, it's just a matter of time.

Usually influential people will say higher for the price they will not predict small numbers such as $100K and even some institutions say higher for bitcoin.
They have a forecast maybe? Let them do about this speculation because we are just as often discussing the price of bitcoin but the reality is that the price is not right, maybe it's a matter of time then it's true, but don't wait for time then it's excessive let this flow and we will know when the time is.
I am sure of us will survive with bitcoin until old age later even though it does not hold and sell when the price is high with its own target.

[oktana]

$1M is a lot of money. I’m not sure if to say that it will happen but volatility means that it is possible. However, even if Bitcoin doesn’t end up making it to $1M, it is definitely going to go far. It could be $500k or more.

But then you also speak about Bitcoin being the only currency. Well, I hate to break that to you but that’s not happening. The government wants to know everything and it can only happen with traditional money (fiat). Also, there are people who have no interest in technology and will forever prefer traditional money to cryptocurrency because all their life, fiat is all they knew and trusted.

[Pedrination]

From my perspective, it may not happen overnight or in the near future, but I firmly believe it's within the realm of possibility. Bitcoin's resilience and the cyclic nature of its growth instill confidence in its potential. Reflecting on its journey from $1 to $10,000, I see a pathway for it to eventually reach $1 million.

[lepbagong]

The prediction of $1 million dollars will be achieved but the prediction of such a high price will be reached in 10 years or longer and currently the hope of reaching 1 million dollars can be archived for future proofing, we hold realistic predictions from crypto experts for the price of $100k and reaching the price is increasingly close to the current market price, based on market analysis to reach the 100k level requires strong support and the market is currently testing the realistic price. There will be 2 possibilities, first the market will return to reach 70k before the halving and the second option the market will experience a high correction reaching the price below $50k before the bull market will recover the price to reach the next ATH.

I agree that it is better to just focus on what is closest, because achieving $1M is still too far away, what is in front of our eyes is the achievement that Bitcoin might achieve, where there is speculation that between $100K-$125K will be achieved in the future.
It must be remembered that this is the period before and after the halving has not occurred, so I strongly agree that there will be two possibilities for this to happen, an increase approaching the ATH or a correction to the bottom. But that is something that normally happens, but there is also an analysis that this will happen ATH twice for this period, so you have to be careful that the price achieved may not be optimal, but you still keep hoping and it doesn't reach it. Remember in 2021, those hoping for $100K didn't happen and only reached $69K and many ended up holding off until now, of course.

[justdimin]

Bitcoin may reach million dollars but I can't predict how many years in the future it may reach. Although it is an uncertain possibility, Bitcoin will reach millions of dollars in the future in the 21st century.
However, Bitcoin is very close to $100k and bounces back to $64,000. I think it could go over $100k anytime after the April halving but million dollars of bitcoin lost is a matter of time and I can't guarantee that I'll see it in my lifetime.

I agree with you. We can with surety that Bitcoin will touch $100k, we can even say it will touch $200k, but we can't say how far Bitcoin will go in the next century or so. It's possible that it might get replaced by that time with something better than it, or it may lose value in the farthest future, so we can only talk about the current era, the time that is present or the near future, we can make predictions and speculate but not for very far in the future.

Bitcoin might touch $1m in the future, but who knows? we might or might not be alive by that time because life isn't loyal, it can end any time without any warnings. So, it might be better to say or think that maybe our next generations will see Bitcoin in millions.

[bettercrypto]

That 1 million dollars per bitcoin can happen, but not this time, and no one knows when that will happen. What we can say is just an estimation; there is no certainty that it will actually happen. That's why there is always speculation, and it only becomes true when it actually happens.

Now holding Bitcoin for 15-20 years doesn't seem like a long time. Just think if this bull run could possibly be 150k$ per bitcoin, so after 4 years from now, bitcoin could be 300k$-400k$, so that means 15 years is too long in my opinion.

[Out of mind]

Those of us who believe in Bitcoin and know its future can certainly say with certainty that the price of Bitcoin will enter $100k soon. Another time, Bitcoin will gain so much popularity that there will be no other payment instruments like cash and Visa cards, but everything will be transacted through Bitcoin. Although currently we can see that various social media and many products have introduced payment systems with Bitcoin. According to this, we can say that as the days progress and the world continues to improve, more and more Bitcoin will improve. All the payment system and transaction system may be launched with bitcoin, although currently we have more convenience by doing transactions with bitcoin, and it gives maximum security to a person. So this Bitcoin we believe will enter $1M at some point and this will happen even though the next generation may face it. So we hold on to Bitcoin and leave it for the next generation only in a safe wallet so that they can sell it in the future when the price of Bitcoin goes to this level.

[mich]

Well we can not become carried away with the pricing of bitcoin. I do not think we are going to see a price of $1 Million for each coin.
But maybe I am wrong about this. This would make it such an high marketcap and such big gains. But if we are waiting for this number of $1 Million well then you are going to be waiting for that for a long time. 

[rodskee]

You can clearly see here on Bitcoin Rainbow Chart https://www.blockchaincenter.net/en/bitcoin-rainbow-chart/
That soon will hit 100k EZ and to 1M on Future

100k is not that soon to hit but yeah a year from now of course but not that easy
chart can be helpful but if we will not rely on that completely because we must be ready for
what will change any time as nothing is constant in crypto.

Be a Smart and Wise person Invest an amount for your Children Future on a Cold Wallet and never move those coins till your kids finish High school
So like 15-20 Years from now !

15-20 years? bitcoin have multiplied a thousand times from its value in 15 years with
that means its not that long to look at because the price even broken 73 thousand means we
only need x15 to make it in million value.

[tengui]

makes perfect sense due to the limited total supply of bitcoin and the growing number of investors. You can see for yourself that 13 years ago the price of bitcoin was still under $100 and the popularity of bitcoin was not as high. what happened in the next 13 years was that the price of bitcoin reached $70k and became the most popular digital investment.

[CryptoBuds]

Be a Smart and Wise person Invest an amount for your Children Future on a Cold Wallet and never move those coins till your kids finish High school
So like 15-20 Years from now !

15-20 years? bitcoin have multiplied a thousand times from its value in 15 years with
that means its not that long to look at because the price even broken 73 thousand means we
only need x15 to make it in million value.

When evaluating a coin, don't just look at its price but look at its supply and capitalization. With a capitalization from 1 million to 10 or 100 million, it is very easy, but to increase 1 billion to 10 trillion or 100 trillion is a completely different story. That's why bitcoin can increase 1000 times, 2000 times in the first years but in recent years it can only increase 5-7 times per cycle. Bitcoin's profits get smaller as it gets bigger and that's why many new investors prefer to look to altcoins rather than bitcoin because they want to get rich quickly. Bitcoin could hit $1 million or more, but it won't happen anytime soon.

[Kelward]

I only doubted the possibilities and potentials of Bitcoin in the early years of it's creation, infact I thought that it was a Ponzi scheme, but today I'm a believer that Bitcoin has the potentials to hit 1m in the future, there's no doubt that it's price will keep increasing into the future because it's an asset like gold, which continues to be valuable and reaching new ATH. Bitcoin is the best investment that anybody can put their money in, it doesn't matter your class in the society, you can do DCA method and keep accumulating on the long term, for as many years as possible, and the advantage is that despite it's volatility on the short term, it's value will keep increasing and reaching new ATH till it's price reaches 1m, and hopefully cross it.

[EarnOnVictor]

Most of people want microwave results and most of them are not patient
It is Clear that bitcoin will be the only Currency for payments
Like there will be no Cash or VISA

You can clearly see here on Bitcoin Rainbow Chart https://www.blockchaincenter.net/en/bitcoin-rainbow-chart/
That soon will hit 100k EZ and to 1M on Future

Be a Smart and Wise person Invest an amount for your Children Future on a Cold Wallet and never move those coins till your kids finish High school
So like 15-20 Years from now !

Hahaha...That day Bitcoin will hit $1M, the whole world will be shaking... A single asset hitting $1M? Well, I don't see that coming, but perhaps, it will be the time that Bitcoin is compressed just like Gold to avoid it causing issues for the world. I can only imagine how many cheap billionaires would be easily produced and how that could cause global inflation at the same time. People look at this in the common man's view and not the professional/economic view, and I wonder how it would be so convenient at that time.

However, regulation of the crypto space has started but has not eaten deep into it, maybe some action will also be taking in that regard since it will look so much like an abomination by then. I expect a lot of surprises regarding Bitcoin in the future, let's just all wait and see. But people should not be talking as if they have a time travel machine which already made them know exactly what would happen.

[pawel7777]

(...) I can only imagine how many cheap billionaires would be easily produced and how that could cause global inflation at the same time. (...)

That's not how things work though. The vast majority of current bitcoin holders would be sold out long before BTC reaches $1 mil mark. Just the same as most of those who got in when BTC was ~$1 have not held until $70k etc.

As for inflation - moving money from one person to another is not really something that would increase it.

However, regulation of the crypto space has started but has not eaten deep into it (...)

What regulations do you mean specifically? People often use that term so loosely that it hardly has any meaning now. Bitcoin has been regulated in most countries for quite a long time now.

[beerlover]

Most of people want microwave results and most of them are not patient
It is Clear that bitcoin will be the only Currency for payments
Like there will be no Cash or VISA

You can clearly see here on Bitcoin Rainbow Chart https://www.blockchaincenter.net/en/bitcoin-rainbow-chart/
That soon will hit 100k EZ and to 1M on Future

Be a Smart and Wise person Invest an amount for your Children Future on a Cold Wallet and never move those coins till your kids finish High school
So like 15-20 Years from now !

Hahaha...That day Bitcoin will hit $1M, the whole world will be shaking... A single asset hitting $1M? Well, I don't see that coming, but perhaps, it will be the time that Bitcoin is compressed just like Gold to avoid it causing issues for the world. I can only imagine how many cheap billionaires would be easily produced and how that could cause global inflation at the same time. People look at this in the common man's view and not the professional/economic view, and I wonder how it would be so convenient at that time.

However, regulation of the crypto space has started but has not eaten deep into it, maybe some action will also be taking in that regard since it will look so much like an abomination by then. I expect a lot of surprises regarding Bitcoin in the future, let's just all wait and see. But people should not be talking as if they have a time travel machine which already made them know exactly what would happen.

I mean it's all about marketcap, and not about the price. When bitcoin reaches 1 million dollars per bitcoin, which isn't really "that" far away, that would mean that we are going to have 20 trillion dollars market cap give or take. I am not saying it's going to happen soon, but I wouldn't say that is impossible neither.

After all, many believed that we would be 1 trillion dollars neither, but look at where we are right now. That would be a lot, and it would be higher than most assets in the world right now, but who says it has to be right now? We could see it happen in 10-20 years? That means that things will go up, so 20 trillion dollar market cap may not look like a big deal by that time, that should be a possibility.

[CODE200]

I love bitcoin and the enthusiasm and trust you've got on bitcoin is phenomenal OP but you got to know that bitcoin is a volatile system which means that you've got to be always on the lookout for what's going to happen because things are going to happen and in the time that you've said, a lot of things can happen to bitcoin at that time, I do agree that there's a possibility of a 1m USD bitcoin but we have to be real about things, how would bitcoin be able to do that, it hasn't even reached a 100k yet, small steps.

[Fakhrulenclix]

I love bitcoin and the enthusiasm and trust you've got on bitcoin is phenomenal OP but you got to know that bitcoin is a volatile system which means that you've got to be always on the lookout for what's going to happen because things are going to happen and in the time that you've said, a lot of things can happen to bitcoin at that time, I do agree that there's a possibility of a 1m USD bitcoin but we have to be real about things, how would bitcoin be able to do that, it hasn't even reached a 100k yet, small steps.

For the future, no one knows, although it sounds excessive, but I think that in the long term, 1 million USD is not impossible.
With the current increase, I see quite a lot of positive and even unpredicted things, such as ATH happening faster than many people predicted with a 4 year cycle, but now it's happening faster so I think in the future there will be many more things to come. happened very extraordinary, as did the price spike.

[Miles2006]

Actually no one can predict rightly mostly within a long range like 10_20, Bitcoin will stay but no one know if the prediction of bitcoin price will be accurate. Investing for future purpose is right and mostly investing with the right aim like op mentioned, bitcoin investment has to do with time and patience like not everyone will be so willing to wait so most people will prefer to gamble for the short term profit. Bitcoin investment is a perfect example of storing wealth for future purpose, predicting if bitcoin will take over the fiat system is difficult cause I don't think this will happen sooner or later. Bitcoin can be a legal tender but the part when bitcoin will take over every system is difficult

[AnonBitCoiner]

It is certain that the price of bitcoin will increase, the more one invests, the more bitcoins one can get out of the fit. If you look at the previous halving year 2020, Bitcoin price peaked at $69k in 2021. So currently bitcoin price is 73k dollar, I think 2024 halving bitcoin price will touch 100k dollar. So for now we have to wait till 2032 for it to reach 1 million dollars. That would be possible because the price of Bitcoin is the highest in every Bitcoin cycle.

In every halving year the bitcoin is developing new ATH which means that there will be increase in Bitcoin's price after every four years. Creations of new ATH is not difficult in case of bitcoin and achievement of 1M is also not difficult but everything has a specific timing for happening so we have to wait for such achievement.

As annually there is an increase in price so annually there is also an increase in the number of investors because everyone is in Struggle to be an investor of bitcoin. We don't know that what this halving will bring so I think 2032 is still very far and we don't know that what will be the circumstances of crypto industry at that time so if people believe remains same in bitcoin then surely we will see pump on annual basis.

[CageMabok]

For the future, no one knows, although it sounds excessive, but I think that in the long term, 1 million USD is not impossible.
With the current increase, I see quite a lot of positive and even unpredicted things, such as ATH happening faster than many people predicted with a 4 year cycle, but now it's happening faster so I think in the future there will be many more things to come. happened very extraordinary, as did the price spike.

This is not only about whether or not it is impossible for a price to be reached on Bitcoin, but it can also include how long it takes for a price to be reached by Bitcoin. Because the price level that you say is not a very low price level if we look at the current price so it is no longer about impossible but rather about whether or not a price can occur for Bitcoin. For now I'm just waiting for a $75K to $100K price on Bitcoin as I think that's more reasonable to expect in the short term.

[Xcode7]

For the future, no one knows, although it sounds excessive, but I think that in the long term, 1 million USD is not impossible.
With the current increase, I see quite a lot of positive and even unpredicted things, such as ATH happening faster than many people predicted with a 4 year cycle, but now it's happening faster so I think in the future there will be many more things to come. happened very extraordinary, as did the price spike.

This is not only about whether or not it is impossible for a price to be reached on Bitcoin, but it can also include how long it takes for a price to be reached by Bitcoin. Because the price level that you say is not a very low price level if we look at the current price so it is no longer about impossible but rather about whether or not a price can occur for Bitcoin. For now I'm just waiting for a $75K to $100K price on Bitcoin as I think that's more reasonable to expect in the short term.

Let's just look at it realistically, don't just because the recent drastic increase in Bitcoin prices makes us predict or expect very excessive prices.
Regardless of whether it will happen or not, 1 million is a number that is quite far from the current price so I think it is unrealistic to predict at this time.

The price of $100K is quite possible for us to look forward to, because from the positive movement that is happening now, it is possible that after the halving we could see a price of $100K, and I am quite optimistic about that.

[Mate2237]

If you are predicting bitcoin to hit $1m then you have to state the year which bitcoin will reach that amount but if you are just generalizing it and asking to know if bitcoin will hit $1m that should be a capital letter yes. Because bitcoin is increasing day by and night although the price is not stable and there will be a time that the price will come down and yet it will still go and again. Investing for your children is a good plan too but some people will still against that. Responsible parents even in the normal life use to save money for their children either in the bank or in other savings. And saving for is like Opening their life for them .

Bitcoin is a digital currency so the one we save fit for our children the. We can save bitcoin for them as well.

[erep]

For the future, no one knows, although it sounds excessive, but I think that in the long term, 1 million USD is not impossible.
With the current increase, I see quite a lot of positive and even unpredicted things, such as ATH happening faster than many people predicted with a 4 year cycle, but now it's happening faster so I think in the future there will be many more things to come. happened very extraordinary, as did the price spike.

This is not only about whether or not it is impossible for a price to be reached on Bitcoin, but it can also include how long it takes for a price to be reached by Bitcoin. Because the price level that you say is not a very low price level if we look at the current price so it is no longer about impossible but rather about whether or not a price can occur for Bitcoin. For now I'm just waiting for a $75K to $100K price on Bitcoin as I think that's more reasonable to expect in the short term.

Let's just look at it realistically, don't just because the recent drastic increase in Bitcoin prices makes us predict or expect very excessive prices.
Regardless of whether it will happen or not, 1 million is a number that is quite far from the current price so I think it is unrealistic to predict at this time.

The price of $100K is quite possible for us to look forward to, because from the positive movement that is happening now, it is possible that after the halving we could see a price of $100K, and I am quite optimistic about that.

we must consider realistic price predictions that may be achieved this year, but we avoid excessive predictions because some people buy at high prices because they believe the price will soon reach ATH, but they fail to understand how to manage investments well.

[2Pizza410000BTC]

Most of people want microwave results and most of them are not patient
It is Clear that bitcoin will be the only Currency for payments
Like there will be no Cash or VISA

You can clearly see here on Bitcoin Rainbow Chart https://www.blockchaincenter.net/en/bitcoin-rainbow-chart/
That soon will hit 100k EZ and to 1M on Future

Be a Smart and Wise person Invest an amount for your Children Future on a Cold Wallet and never move those coins till your kids finish High school
So like 15-20 Years from now !

Many people limit their profit by not taking the right actions but trust me every penny worth
Even if u have low budget to invest for your kids do it , and save it for more than 15-20 years
e.g if u put today 100$  on BTC to save for ur Kids future , when they are 20 years that 100$ will go up and down in hours as bitcoin will hit High price

Dont be blind open your eyes

There will come a time when people will all pay with Bitcoin. The way Bitcoin's popularity is starting to grow now shows that it won't be long before Bitcoin becomes popular all over the world within the next few years. Bitcoin will definitely hit $100k but I think it will be very soon. Yes I support your move if a person leaves some bitcoins for his children for a better future and if he can keep it permanently then I think this investment will play a very important role in bringing up his children one time. Many may be investing in such a process for their children or for a happy old age. I myself have been investing some amount of bitcoins for a long time. Because from here if I can invest in some DCA methods then it will be seen that after slow process I got huge amount of return from here. Finally I want to say investing wallet should be kept very safe if invested wallet can't be kept safe then my investment is never safe.  will not

[Essential10]

makes perfect sense due to the limited total supply of bitcoin and the growing number of investors. You can see for yourself that 13 years ago the price of bitcoin was still under $100 and the popularity of bitcoin was not as high. what happened in the next 13 years was that the price of bitcoin reached $70k and became the most popular digital investment.

Yes definitely because of the limited supply of bitcoins the number of bitcoin investments is increasing as well as its value. I saw bitcoin's all-time high hit $73k this month. Bitcoin market is difficult to analyze but I feel that Bitcoin will easily cross $100k in the coming bull season. For future I am trying to increase my Bitcoin savings as much as I can, because when I want to use this Bitcoin for my own or my family's needs, I may see it price reached 1M.

[danadc]

I do believe that bitcoin will be able to reach $1M, but I think it may be in about 10 years, this can be taken for granted, because I calculate that in 2025 bitcoin can reach a great ATH, go above $100k, I don't know how much it can achieve but it is seen that it will be something very big, but in 10 years, more than 2 cycles more than 4 years will have passed and that would be enough to think at a time like that, bitcoin is for the future, bitcoin is not It's a lie, I do believe faithfully in the capacity that bitcoin has, now and more than ever the best thing is to save what you can in bitcoin to be able to enjoy its profits in about 10 more years, today it is at $69k, I operate in About 10 years can reach that $1M, so things can be done that way, therefore when they say that $1M is not possible, there are many things that can be debated.

[laijsica]

Most of people want microwave results and most of them are not patient
It is Clear that bitcoin will be the only Currency for payments
Like there will be no Cash or VISA

I think the abundance of bitcoin is largely disproportionate to such a large population of the world. Bitcoin's supply limit is only 21 million, 18.8 million have already been mined (Till 2022) and the remaining BTC will be mined in stages. So it should be allowed to run its own course and current fiat money should continue to run like this. Aligning Bitcoin with the mainstream doesn't seem to be the right decision.

[Bd officer]

....,
You can clearly see here on Bitcoin Rainbow Chart https://www.blockchaincenter.net/en/bitcoin-rainbow-chart/
That soon will hit 100k EZ and to 1M on Future
 

Yes bitcoin price will hit 1 million dollars in future. But it cannot be expected soon. I think after 2030 bitcoin can be 1 million dollars. Investing in bitcoins must be held for a long time, if you can hold for a long time then you can earn a lot of profit. I have also invested in Bitcoin, my plan is to hold Bitcoin for a long time. However, we are going to see $100k soon.

[Zanab247]

If you are predicting bitcoin to hit $1m then you have to state the year which bitcoin will reach that amount but if you are just generalizing it and asking to know if bitcoin will hit $1m that should be a capital letter yes. Because bitcoin is increasing day by and night although the price is not stable and there will be a time that the price will come down and yet it will still go and again. Investing for your children is a good plan too but some people will still against that. Responsible parents even in the normal life use to save money for their children either in the bank or in other savings. And saving for is like Opening their life for them.

BTC hodlers know that BTC will hit that amount in the future, but it can't be next year or next two years because what hodlers are expecting from the market in the remaining 6 months is $80k, and they have seen where the price stop before it begins to fall down to $66k today.

I guess, in 12 years time the price of BTC will hit $1m and it will help many hodlers that will hodl their BTC till that season to make a good profits that will improve their profits, and it will take patience for some hodlers to hodl till the season occur in the market.

Even though you want to invest on your children, for them to experience the $1m in the future, let them be above 16 years so that they can experience some strategy from you that will impact them in the future.

[Fatunad]

....,
You can clearly see here on Bitcoin Rainbow Chart https://www.blockchaincenter.net/en/bitcoin-rainbow-chart/
That soon will hit 100k EZ and to 1M on Future
 

Yes bitcoin price will hit 1 million dollars in future. But it cannot be expected soon. I think after 2030 bitcoin can be 1 million dollars. Investing in bitcoins must be held for a long time, if you can hold for a long time then you can earn a lot of profit. I have also invested in Bitcoin, my plan is to hold Bitcoin for a long time. However, we are going to see $100k soon.

No one really knows if it would really be able to reach out but it would be better that we should really be that at least realistic with those kind of goals or speculations on which we know that trying to think or look back
on how many years for Bitcoin to reach out that all time high of 70k+? It did really happen on a decade+ but of course it would really be that understandable since it is really just that starting but now since
institutional funds are already that trying to flow into this crypto space then its not really that shocking thing that one day it would really be having that kind of spike.

Just like the rest been saying that everything would really be something that will really be depending on the supply and demand on which this is something that do talks about
economics subject but of course there would really be several factors on which it would really be adding up in overall reason for such price condition or with those numbers.

[ShowOff]

No one really knows if it would really be able to reach out but it would be better that we should really be that at least realistic with those kind of goals or speculations on which we know that trying to think or look back
on how many years for Bitcoin to reach out that all time high of 70k+? It did really happen on a decade+ but of course it would really be that understandable since it is really just that starting but now since
institutional funds are already that trying to flow into this crypto space then its not really that shocking thing that one day it would really be having that kind of spike.

Just like the rest been saying that everything would really be something that will really be depending on the supply and demand on which this is something that do talks about
economics subject but of course there would really be several factors on which it would really be adding up in overall reason for such price condition or with those numbers.

Every one of us believes that high demand can make the price of bitcoin increase over time, that's true. But never mind $1M, I don't think any of us will ever know for sure whether bitcoin will actually reach $100k after the halving. Prices may increase as adoption grows, but the long process must be awaited patiently.

There's a lot to consider before making a prediction that big, so it's not just about saying $1M or something like that. It may not be unreasonable to expect $1M to be reached in the next few years if bitcoin struggles to touch $500k in the next few years.

[MiF]

Most of people want microwave results and most of them are not patient
It is Clear that bitcoin will be the only Currency for payments
Like there will be no Cash or VISA

You can clearly see here on Bitcoin Rainbow Chart https://www.blockchaincenter.net/en/bitcoin-rainbow-chart/
That soon will hit 100k EZ and to 1M on Future

Be a Smart and Wise person Invest an amount for your Children Future on a Cold Wallet and never move those coins till your kids finish High school
So like 15-20 Years from now !

Many people limit their profit by not taking the right actions but trust me every penny worth
Even if u have low budget to invest for your kids do it , and save it for more than 15-20 years
e.g if u put today 100$  on BTC to save for ur Kids future , when they are 20 years that 100$ will go up and down in hours as bitcoin will hit High price

Dont be blind open your eyes

Well i also notice this and i believe that people who buy BTC on its early stage and hold it for long time has now millions imagine, how high the btc go up and those who buy on year that the price of btc is still low and sell on year 2017 or 2021 they surely got a very big return from thier investments, so buying btc and holding it for 10 to 20 years is a good idea, i believe that it will become profitable and it will become a good investment because btc is always rising, sometimes it will hoes down but it will come back with much higher price.

[Fara Chan]

Well i also notice this and i believe that people who buy BTC on its early stage and hold it for long time has now millions imagine, how high the btc go up and those who buy on year that the price of btc is still low and sell on year 2017 or 2021 they surely got a very big return from thier investments, so buying btc and holding it for 10 to 20 years is a good idea, i believe that it will become profitable and it will become a good investment because btc is always rising, sometimes it will hoes down but it will come back with much higher price.

If you had known that since that year and at that time you had time to buy more Bitcoin, you would also be very rich by now. Because on average, those who bought Bitcoin in the year you said were also able to sell it back at around $70K, which was before the halving. However, it would also be a shame if those of you who know about this also don't buy more Bitcoin so you just become spectators when other people take more profits via Bitcoin this year before the halving occurs.

[EarnOnVictor]

Most of people want microwave results and most of them are not patient
It is Clear that bitcoin will be the only Currency for payments
Like there will be no Cash or VISA

You can clearly see here on Bitcoin Rainbow Chart https://www.blockchaincenter.net/en/bitcoin-rainbow-chart/
That soon will hit 100k EZ and to 1M on Future

Be a Smart and Wise person Invest an amount for your Children Future on a Cold Wallet and never move those coins till your kids finish High school
So like 15-20 Years from now !

Many people limit their profit by not taking the right actions but trust me every penny worth
Even if u have low budget to invest for your kids do it , and save it for more than 15-20 years
e.g if u put today 100$  on BTC to save for ur Kids future , when they are 20 years that 100$ will go up and down in hours as bitcoin will hit High price

Dont be blind open your eyes

Well i also notice this and i believe that people who buy BTC on its early stage and hold it for long time has now millions imagine, how high the btc go up and those who buy on year that the price of btc is still low and sell on year 2017 or 2021 they surely got a very big return from thier investments, so buying btc and holding it for 10 to 20 years is a good idea, i believe that it will become profitable and it will become a good investment because btc is always rising, sometimes it will hoes down but it will come back with much higher price.

I like to warn everyone not to be a blind follower, for the fact that Bitcoin performed so well in the past is not a justification that it will perform well in the future. I will continue to invest in Bitcoin in both HODLing and futures trading, nevertheless, I dare not be a blind follower who would believe that nothing adverse can't happen. If I did, then I am only deceiving myself. We should prepare for the worst regarding Bitcoin even as we hope for the best, that's why we should keep our eyes open and rather be the lover of our trading charts. We should learn how to read the trading chart, respect the tradition and also be informed of the latest happenings in the world that can affect Bitcoin. All these are not always considered by most Bitcoin lovers and speculators, but they just call the bullish path. Let's always consider what if anything different happened.

If the view of most Bitcoin lovers should be upheld, you would see them calling huge values all the time. But come to think of it, will Bitcoin always be rising forever without any challenges? I even wonder where the liquidity will be coming from all the time which will easily make it hit $1M. Let's all wake up in our dreams, Bitcoin is an asset, and like all other assets in the financial market, they do not just move higher without facing some challenges or missed cycles/history that will change the whole narrative. What if you now bought Bitcoin at $75,000, and in the next 20 years it is at $73,000 or lower? Do you think it is impossible? If you do, then you have not experienced the financial market long enough. Above all, let us be dynamic just as the market is dynamic and not be too rigid on a certain scope, especially on an asset that is still very young.

[mamesso]

You need careful preparation if you want to invest in Bitcoin for more than 15-20 years.
Who can guarantee that you will still be able to live within that time period? You also need to teach your children how to transfer Bitcoin from their personal wallet to exchange it for fiat.

The rapid development experienced by Bitcoin has been widely trusted by the majority of investors, has received support from several large companies and even several countries such as El Salvador which have adopted Bitcoin as a legal tender. Bitcoin has shown significant growth despite frequent price ups and downs, which is why Bitcoin is one of the most popular long-term investments among investors.
Your plan is good enough to maintain the financial stability of your children in the future when you are no longer able to work or something undesirable happens to you.

[Marvell1]

Most of people want microwave results and most of them are not patient
It is Clear that bitcoin will be the only Currency for payments
Like there will be no Cash or VISA

You can clearly see here on Bitcoin Rainbow Chart https://www.blockchaincenter.net/en/bitcoin-rainbow-chart/
That soon will hit 100k EZ and to 1M on Future

Be a Smart and Wise person Invest an amount for your Children Future on a Cold Wallet and never move those coins till your kids finish High school
So like 15-20 Years from now !

Many people limit their profit by not taking the right actions but trust me every penny worth
Even if u have low budget to invest for your kids do it , and save it for more than 15-20 years
e.g if u put today 100$  on BTC to save for ur Kids future , when they are 20 years that 100$ will go up and down in hours as bitcoin will hit High price

Dont be blind open your eyes

Well i also notice this and i believe that people who buy BTC on its early stage and hold it for long time has now millions imagine, how high the btc go up and those who buy on year that the price of btc is still low and sell on year 2017 or 2021 they surely got a very big return from thier investments, so buying btc and holding it for 10 to 20 years is a good idea, i believe that it will become profitable and it will become a good investment because btc is always rising, sometimes it will hoes down but it will come back with much higher price.

Bitcoin has been around for 15 years and it has brought millions of percent profits to early investors, but that is no proof or guarantee that bitcoin will continue to exist in the next 15 years.

Those who bought bitcoin 10 years ago were people who were willing to accept the risk that if bitcoin did not succeed they would lose everything because they did not know what the future of bitcoin would be. So, if we intend to invest in bitcoin now and hold it for the next 10 years, we also need to accept the same risks as the early investors. In addition, we need to know that buying now will be much riskier than 10 years ago, so don't be too subjective and invest everything in bitcoin. The future is unpredictable, don't be too subjective just based on history and think it will always repeat in the future.

[Nrcewker]

As said before, you need to understand the economics. When a commodity supply is less and the demand to accumulate the commodity is high, the price goes up for that particular commodity in order to meet the demand. Just a classic example of supply and demand. Similar things happen with Bitcoins also. Hence, the price can definitely go till 1M if the demand to accumulate the coin keeps on increasing day by day.

[lixer]

Well i also notice this and i believe that people who buy BTC on its early stage and hold it for long time has now millions imagine, how high the btc go up and those who buy on year that the price of btc is still low and sell on year 2017 or 2021 they surely got a very big return from thier investments, so buying btc and holding it for 10 to 20 years is a good idea, i believe that it will become profitable and it will become a good investment because btc is always rising, sometimes it will hoes down but it will come back with much higher price.

If you had known that since that year and at that time you had time to buy more Bitcoin, you would also be very rich by now. Because on average, those who bought Bitcoin in the year you said were also able to sell it back at around $70K, which was before the halving. However, it would also be a shame if those of you who know about this also don't buy more Bitcoin so you just become spectators when other people take more profits via Bitcoin this year before the halving occurs.

No one can time tell but if let say it's only possible, we wouldn't be wasting our time and money on something that is not really important than in BTC. It will look like we are poor for now because we allocate all or most of our money in BTC but this faith of ours can still change later on. I am not only sure if there will be some who will still get bored from waiting.

Those who remain as a spectator had some doubts left in BTC or maybe they still lack in budget. It can cause them regrets but maybe they will now get on board on the next trip. It's not too late anyways because there are also more people who are like them apart from those who have other reasons for not joining here. If we combined them all, maybe $1M is truly possible or we can be at least close to it.

[Mame89]

The answer to that question is "YES", but the new question is "When?". And that's what we don't know yet. But you can be sure it will happen, and it's possible because our financial system allow us to get in infinite debt, that way money becomes infinite, and when you understand that then you will realize how the bitcoin price has no limits at all.

Yes that's right. I'm sure it will happen but we don't know when it will happen. However, if you look at current economic developments, you can see the potential for a spike in BTC prices due to ongoing global monetary policy, especially the implications of fiscal strategy for BTC.

Moreover, currently the whole world will likely continue to carry out money printing activities to manage national debt, thereby creating a situation that can cause fiat currency to depreciate and of course this strengthens BTC so that as you say, fiat money has no limits while BTC has limits. . Therefore, I remain optimistic about its journey towards the $1 million mark. Moreover, recently Btc has been in the spotlight as a hedge asset against fiat currency inflation. So I believe BTC can reach 1 million dollars in the long term, although we don't know when that will happen.

[justdimin]

No one can time tell but if let say it's only possible, we wouldn't be wasting our time and money on something that is not really important than in BTC. It will look like we are poor for now because we allocate all or most of our money in BTC but this faith of ours can still change later on. I am not only sure if there will be some who will still get bored from waiting.

Those who remain as a spectator had some doubts left in BTC or maybe they still lack in budget. It can cause them regrets but maybe they will now get on board on the next trip. It's not too late anyways because there are also more people who are like them apart from those who have other reasons for not joining here. If we combined them all, maybe $1M is truly possible or we can be at least close to it.

Weak hands could get out way before they should, and that's of course not going to be easy for them to keep watching us do great, they are not going to be doing all that well if they end up with such a situation. I think it's clear that we are going to end up with a big trouble and we should probably avoid selling during this period.

Many people will end up with a lot of trouble and they are not going to be happy about the situation if others keep selling, people who hold as long as possible wants others to do the same thing and when we see the market crashing that means a lot of people sold. Why would anyone sell during this period? We are at after halving period right now and it means that we are going to end up with a result that's going to cause a lot of trouble if the market doesn't come to an agreement on the movement.

[dunfida]

No one can time tell but if let say it's only possible, we wouldn't be wasting our time and money on something that is not really important than in BTC. It will look like we are poor for now because we allocate all or most of our money in BTC but this faith of ours can still change later on. I am not only sure if there will be some who will still get bored from waiting.

Those who remain as a spectator had some doubts left in BTC or maybe they still lack in budget. It can cause them regrets but maybe they will now get on board on the next trip. It's not too late anyways because there are also more people who are like them apart from those who have other reasons for not joining here. If we combined them all, maybe $1M is truly possible or we can be at least close to it.

Weak hands could get out way before they should, and that's of course not going to be easy for them to keep watching us do great, they are not going to be doing all that well if they end up with such a situation. I think it's clear that we are going to end up with a big trouble and we should probably avoid selling during this period.

Many people will end up with a lot of trouble and they are not going to be happy about the situation if others keep selling, people who hold as long as possible wants others to do the same thing and when we see the market crashing that means a lot of people sold. Why would anyone sell during this period? We are at after halving period right now and it means that we are going to end up with a result that's going to cause a lot of trouble if the market doesn't come to an agreement on the movement.

On the moment that you have decided up on holding up your coins for long term then it would be always best that you should really be that refraining on watching on whats happening in the market specially on the price
on which this is something that will really be making you impulsive on the time that you would really seeing those numbers dropping but if you are someone who do have that strong and controlled kind of emotion and other
means then it wont really be that much of an issue but if you do find yourself that highly reactive then it would really be better that you should keeping yourself be wary about price conditions or situations.

Speaking about Bitcoin hitting up on $1m then this is something a very tough thing to consider or simply far too stretched of on which considering that numbers are already that too high.
Well, when it comes to future then no one really knows on what would happen on which it would really be a common approach that there would really be  those people who would
really be having those kind of optimistic approach and assumptions on things.

[btc_angela]

As said before, you need to understand the economics. When a commodity supply is less and the demand to accumulate the commodity is high, the price goes up for that particular commodity in order to meet the demand. Just a classic example of supply and demand. Similar things happen with Bitcoins also. Hence, the price can definitely go till 1M if the demand to accumulate the coin keeps on increasing day by day.

And when you look at it, or at least Bitcoin's past history, you will see that the demand are increasing like every 4 years. And so the basic law of supply and demand are going to be applied here. And that's what makes Satoshi one of the most brilliant minds in our time because he was able to design Bitcoin to halved every 4 years pushing the demand to higher levels.

So I wouldn't be surprised to see Bitcoin $1 million in the future. Hopefully, we are still here to witnessed that time and then we can tell the story that we are here when the price is this little X amount and it gradually grows throughout the years.