Will BTC hit 1M ?

[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.

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[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.