Will BTC hit 1M ?

[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.

[1715168869]

1715168869

[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.