I'm curious about your thoughts on when Bitcoin might hit $1,000,000

[franky1]

so 2025 = $140k(2x)-$210k(3x) rational expectation
so 2029 = $280k(2x)-$630k(3x) rational expectation
so 2033 = $560k(2x)-$1.89m(3x) rational expectation
so 2037 = $1.2m(2x)-$5.67m(3x) rational expectation

Let's not forget the ratio of Bitcoin to other economies. $630k means a market capacity of about 10 trillion dollars, and then the effect of halving will be much less, but miners will depend on transaction fees.

0.828125 Bitcoin for a transaction fee that may be about 1.5 Bitcoin per block, which means that the 4-year pattern will be broken soon and we will not rise by more than $560k(2x)-$1.89m(3x).

market caps are a MEANINGLESS number.. they dont represent real dollars stashed somewhere.. so relax

as for the tx fee's ratio to block rewards
yes that does effect the economics.. but.. heres the rub. not the maxims of ATH as much as the minimums of the post ATH corrections (NTL) new time low

we already seen how the 2022 NTL(new time low) didnt stop at $20k like previous patterns of not going below the ATH of 5 years prior
which is from my view, explained by the rationale of fee's starting to give bonus to rewards to affect underlying costs vs gains of the lows

so yes the next ATH and then correction may see the 2026 NTL(new time low) not stop at $70k but go under $70k due to fee bonus

the reward:fee ratio will eventually affect the ATH's but we are already seeing the affects on the NTL's

that said though, other things will affect the ATH and NTL's too
such as:
if there is not a sudden awakening of core devs to start to be BITCOIN devs again instead of features to fix subnetwork crap devs
if there is not a push to actually change fee bumps and decludge blocks and do things to spam. and allow more tx per block and cheaper per tx
whilst allowing more tx to nice bonus total block tx fee

meaning
if transactions per block stay ~4000, where by a fee works out as over $100 in uncongested times as minimums... even people wanting to lock value into shoddy subnetworks/CEX/custodians for a year would end up needing to pay 2x tx for lock in-unlocks=$over 200 a year just to use subnetworks/CEX/custodians.. which is something that even tradfi shy away from demanding of customers..
(would you use a bank/paypal/venmo if they charged $200 a year)
so if fee's and tx flows of BITCOIN are not sorted in coming years. then the fee games of incentivising mining pools will get affected

[VanKushFamily.com]

Just going to reiterate what I said in the Quote below,

It will likely not be $1,000,000 in the Yuppie Generation, they will Probably all Die seeing Bitcoin Up to $100,000 but not to $1,000,000 and it could go Down as Low as $20,000 again Possibly. But never will it ever be Worth $0.00 ever. Just because so many People would have the Chance to Buy so they would just to say "Now I have a Bitcoin" and suddenly it would go up again. But it could Fluctuate between $30,000 and $100,000 and Let's just Call it $0.01 and $100,000 for the Resonance, but it will go Up and Down from where it is now.

Likely not in this Generation, and I've been Right a few Times.

I knew it would go to $1,000
Find this Post Here: https://bitcointalk.org/index.php?topic=34586.msg2457343#msg2457343

In a year I can see Bitcoin at $1000+. With difficulties rising, payouts getting smaller and more people joining the ranks.

I think in about 5 years we will all be trading Satoshi at $1+ and not even mention bitcoins unless it's a massive purchase.

[yohananaomi]

To get to $1,000,000 we need about a 1400% increase or a 14× rise from the current price. Putting it into numbers shows how realistic a target 1 million is within the next decade or so.

By the end of this cycle we could be up to $120-140k and that will halve the gap for the market to multiply to a million, so by the end of 2025 we will be well on the way to a million.

$1,000,000 is an extremely high price for bitcoin to reach anytime soon. It is extremely unrealistic to expect to reach that amount right now, despite the fact that bitcoin price movements and future price predictions are infinite and unpredictable. It will not come as a surprise if it reaches that level, but based on the price increases it has seen after each cycle, I do not see it happening in the next two bitcoin cycles.

Never mind talking about up to $1M, where currently many are predicting that the second ATH will reach $150K. I still doubt it, because I'm afraid it will be like 2021, which hoped to reach $100K but didn't achieve it. Isn't it possible that it will also happen next year?
I also agree with you, is it still realistic to reach $1M in a short period of time? And it's equally impossible that in just 2 or 3 cycles the next bitcoin will happen And it's too early to determine that, although everyone would be happy if it was proven.

[JoyMarsha]

It's difficult to predict when bitcoin will reach a $1 million price, but given how far the crypto market has gone, I believe it will reach a million dollars in 12 years, three halvings from now. I'm not sure what will happen to bitcoin by then, though. Since each halving is supposed to be better than the one before it, all we can hope for is that the halving seasons that lie ahead will be significantly better than the ones we have already had. The past crypto market made me realize that.

[Zanab247]

Just as we have started right from the scratch when bitcoin had no much value and everything begin to turn more than we have expected till where we are on $73,800 all time high or so, what you have tom understand is on the acknowledgement that the more we go the higher the value in bitcoin becomes, if we can achieve the highest market capitalization rate this year of 1.4 trillion, then anything is possible, we don't know maybe the market may go far beyond $250,000 after this year halving or something close to that range, but in the nearest and possible future to come, bitcoin can experience a million dollars.  

Those that know where BTC price started from to get to this current price in the market today will not doubt if the price of BTC will hit $1 million in the future and, I believe before the end of 2030 investors will begin to experience that price from the market and it will make those that rejected BTC in the past to accept BTC in their countries.


I know that the price of BTC will reach $100k before the end of this year 2024, which many people know it based on what we have experienced from the month of march and April and the current price is still close to $80k, I believe the market price will still go beyond that before the end of this month.

[tertius993]

rational thought
never exaggerate expectations then feel sad when things didnt meet expectations
instead lower expectations to rational amounts then celebrate things exceeding expectations

2x-3x per cycle (sorry folks we are no longer in the 100x days of 2011)
(last cycle $20k ATH - $70k ATH = 3.5x as a guide of expectation, with things slowing down to a 2x going forward)

so 2025 = $140k(2x)-$210k(3x) rational expectation
so 2029 = $280k(2x)-$630k(3x) rational expectation
so 2033 = $560k(2x)-$1.89m(3x) rational expectation
so 2037 = $1.2m(2x)-$5.67m(3x) rational expectation

I think those are very bullish.

More likely to stabilise at around 1.0-1.2x growth in each cycle.

My prediction, it will never hit $1M.

[Kelvinid]

It's difficult to predict when bitcoin will reach a $1 million price, but given how far the crypto market has gone, I believe it will reach a million dollars in 12 years, three halvings from now. I'm not sure what will happen to bitcoin by then, though. Since each halving is supposed to be better than the one before it, all we can hope for is that the halving seasons that lie ahead will be significantly better than the ones we have already had. The past crypto market made me realize that.

You don't need to force yourself to believe it because that is quite impossible although we see the price of Bitcoin continue increasing.
Totally uncertain about the future of Bitcoin and we can't assume that what happens in every halving will be the same in the coming halving. That is why I don't believe and I don't think there is a calculation that supports it. It does or NOT come, people will still accept it and continue buying/selling their BTC.

What I could say is that --I was not expecting it by now. I'd rather think first if it reaches $100k.

[michellee]

It's difficult to predict when bitcoin will reach a $1 million price, but given how far the crypto market has gone, I believe it will reach a million dollars in 12 years, three halvings from now. I'm not sure what will happen to bitcoin by then, though. Since each halving is supposed to be better than the one before it, all we can hope for is that the halving seasons that lie ahead will be significantly better than the ones we have already had. The past crypto market made me realize that.

That's right. We don't know when Bitcoin will reach $1 million. But we can keep hoping that we will still see it later. Right now, we should focus on collecting more Bitcoins. Don't delay any longer in continuing to accumulate Bitcoin.

Although the price of Bitcoin has not yet reached $100k, there is a possibility that it will after the next halving. The halving will happen in a few days, and we will see what happens to Bitcoin. Certainly, many people will become new millionaires, especially those who have a lot of Bitcoin.

If you don't want to be left behind, you should focus more on accumulating Bitcoin. Bitcoin is still low if our target is above $100k or even $1 million. So there is still time to accumulate more Bitcoins.

[dunfida]

It's difficult to predict when bitcoin will reach a $1 million price, but given how far the crypto market has gone, I believe it will reach a million dollars in 12 years, three halvings from now. I'm not sure what will happen to bitcoin by then, though. Since each halving is supposed to be better than the one before it, all we can hope for is that the halving seasons that lie ahead will be significantly better than the ones we have already had. The past crypto market made me realize that.

That's right. We don't know when Bitcoin will reach $1 million. But we can keep hoping that we will still see it later. Right now, we should focus on collecting more Bitcoins. Don't delay any longer in continuing to accumulate Bitcoin.

Although the price of Bitcoin has not yet reached $100k, there is a possibility that it will after the next halving. The halving will happen in a few days, and we will see what happens to Bitcoin. Certainly, many people will become new millionaires, especially those who have a lot of Bitcoin.

If you don't want to be left behind, you should focus more on accumulating Bitcoin. Bitcoin is still low if our target is above $100k or even $1 million. So there is still time to accumulate more Bitcoins.

If we do base up on the current % of the entire population knows about Bitcoin then we can really say that there's still that so much room for us to grow. This is really just that something that would really be that depending
on how fast it would be having that entire demand and recognition or becoming mainstream. Yes, we do already that that ETF and several countries which legalized Bitcoin or even having that being their legal tender but really not that much. $1M is really just that too far stretched off on which this is something a number that we shouldnt really be sticking into our mind so that we wont really be anticipating on something which isnt
that cant be happening so easily. This is why it would really be just that a matter of time whether these things could happen or not. Lets just that hover ourselves and go with the flow and not making yourself that too expecting into something with those high numbers.

Im not saying its not possible but if we do think up realistically then we are really just that too far with those digits. It all matters with the demand and recognition
and global acceptance and legalization of course or simply with that full integration.

[boyptc]

While some amazing moves can happen at this point with Bitcoin's volatility and adoption rate. But I'd agree on the projection of franky.

And that is because overtime, we're starting to see that it's not tremendous multiplier anymore for Bitcoin's price compared to the last ATHs that it has got.

But still, a multiplier is still a multiplier so whether it is going to be 2x-3x from the last ATH, that's still a lot of gain right? I'd expect a lot of years before we see bitcoin goes $1M but if it happens earlier, then we all win.

[2Pizza410000BTC]

https://whalealertz.com/bitcoin-forum/Hey+everyone%2C+I%27m+curious+about+your+thoughts+on+when+Bitcoin+might+hit+%241%2C000%2C000.+Any+predictions+or+insights%3F .. i found this topic on whalealertz.com.. whats your opinion?

Currently, Bitcoin reached an all-time high of $73,000. If new ATH is created in the Bitcoin market in 2024 and stays up to $100,000, then in 2025 Bitcoin can reach $100,000 to $170,000. Bitcoin will still have to wait many years to reach $100,000,000. But I think between 2030 and 2036 it could go up to 1 million dollars. As we technically cannot make predictions, I have made predictions with my best efforts, I don't know how successful my predictions can be.

[fuguebtc]

https://whalealertz.com/bitcoin-forum/Hey+everyone%2C+I%27m+curious+about+your+thoughts+on+when+Bitcoin+might+hit+%241%2C000%2C000.+Any+predictions+or+insights%3F .. i found this topic on whalealertz.com.. whats your opinion?

Currently, Bitcoin reached an all-time high of $73,000. If new ATH is created in the Bitcoin market in 2024 and stays up to $100,000, then in 2025 Bitcoin can reach $100,000 to $170,000. Bitcoin will still have to wait many years to reach $100,000,000. But I think between 2030 and 2036 it could go up to 1 million dollars. As we technically cannot make predictions, I have made predictions with my best efforts, I don't know how successful my predictions can be.

Frankly speaking, the fact that bitcoin can reach 1 million USD or more is just our prediction and expectation, we have no guarantee that it will happen whether it is 10 years or 20 years later.

It is true that bitcoin is becoming a new trend and receiving a lot of attention from people around the world, but let's not ignore the scenario that in the coming years there will be a better currency than bitcoin created and it will surpass bitcoin. So what we should do is enjoy the present moments, don't think too much about things that haven't happened in the distant future. My immediate goal is to still take profits in the upcoming bull season and I will base my next plans on the market situation.

[tabas]

Currently, Bitcoin reached an all-time high of $73,000. If new ATH is created in the Bitcoin market in 2024 and stays up to $100,000, then in 2025 Bitcoin can reach $100,000 to $170,000. Bitcoin will still have to wait many years to reach $100,000,000. But I think between 2030 and 2036 it could go up to 1 million dollars.

This is what is on my mind, despite with all of the possibilities that Bitcoin might hit $1M at any moment due to its nature and volatility, it will take time for it to reach $1M. A safe prediction that many are telling is around a century more for it to happen. But with how quick the phasing is with the adoption and more institutional money coming in, maybe it might be less but we don't know how long and what exactly is the year when it could happen.

As we technically cannot make predictions, I have made predictions with my best efforts, I don't know how successful my predictions can be.

You just contradicted what you've said.

[Hamphser]

https://whalealertz.com/bitcoin-forum/Hey+everyone%2C+I%27m+curious+about+your+thoughts+on+when+Bitcoin+might+hit+%241%2C000%2C000.+Any+predictions+or+insights%3F .. i found this topic on whalealertz.com.. whats your opinion?

Currently, Bitcoin reached an all-time high of $73,000. If new ATH is created in the Bitcoin market in 2024 and stays up to $100,000, then in 2025 Bitcoin can reach $100,000 to $170,000. Bitcoin will still have to wait many years to reach $100,000,000. But I think between 2030 and 2036 it could go up to 1 million dollars. As we technically cannot make predictions, I have made predictions with my best efforts, I don't know how successful my predictions can be.

Frankly speaking, the fact that bitcoin can reach 1 million USD or more is just our prediction and expectation, we have no guarantee that it will happen whether it is 10 years or 20 years later.

It is true that bitcoin is becoming a new trend and receiving a lot of attention from people around the world, but let's not ignore the scenario that in the coming years there will be a better currency than bitcoin created and it will surpass bitcoin. So what we should do is enjoy the present moments, don't think too much about things that haven't happened in the distant future. My immediate goal is to still take profits in the upcoming bull season and I will base my next plans on the market situation.

We are on a speculative market
We are on a random/unpredictable market

So everything about speculative approach and number sayings is something could be considered be valid. It is really just that it would be that realistic or something which is not. Although
we cant really be able to point out if its really that possible or not since we do know that this market is really that truly unpredictable. It had made out that tons of situations or moments that shocks us or
having that surprised us on the things that we do least expect for it to happen.

We've been able to see those numbers on whom we thought that it cant be just possible but look at on where we are now? So this is why in speaking about $1M per coin
is something that could neither happen or not, but pretty sure it would really be taking a couple of decade before reaching on.

[Zaguru12]

rational thought
never exaggerate expectations then feel sad when things didnt meet expectations
instead lower expectations to rational amounts then celebrate things exceeding expectations

2x-3x per cycle (sorry folks we are no longer in the 100x days of 2011)
(last cycle $20k ATH - $70k ATH = 3.5x as a guide of expectation, with things slowing down to a 2x going forward)

so 2025 = $140k(2x)-$210k(3x) rational expectation
so 2029 = $280k(2x)-$630k(3x) rational expectation
so 2033 = $560k(2x)-$1.89m(3x) rational expectation
so 2037 = $1.2m(2x)-$5.67m(3x) rational expectation

I think those are very bullish.

More likely to stabilise at around 1.0-1.2x growth in each cycle.

My prediction, it will never hit $1M.

It’s your prediction and certainly everybody’s prediction is always right until reality sets in. But I will have to disagree with your prediction because to me with the way bitcoin price and adoption rate is increasing and the FOMO around each halving to always causes bullish period and then taking out the ATH it will reach out to that price but when will that happen is something that is still like a misery. If you ask me I will say Franky prediction to me is the most likely outcome because we all know how the volatility rate of bitcoin is decreasing. It could come after the 2037 if many investors decide to hoard their bitcoin more but that won’t stop it from hitting that amount except they demand for bitcoin does

[hatshepsut93]

It might briefly touch $1M in 20-25 years, but it won't last long at that level, basically it would be another peak of a bubble that will be followed by a massive correction. Or another possible scenario is that Bitcoin will reach $1M in 50 years or longer, when due to inflation $1M will have the same purchasing power as $300k today. And you shouldn't exclude the possibility that it will never reach $1M because the price will become stagnant before that.

[fuguebtc]

https://whalealertz.com/bitcoin-forum/Hey+everyone%2C+I%27m+curious+about+your+thoughts+on+when+Bitcoin+might+hit+%241%2C000%2C000.+Any+predictions+or+insights%3F .. i found this topic on whalealertz.com.. whats your opinion?

Currently, Bitcoin reached an all-time high of $73,000. If new ATH is created in the Bitcoin market in 2024 and stays up to $100,000, then in 2025 Bitcoin can reach $100,000 to $170,000. Bitcoin will still have to wait many years to reach $100,000,000. But I think between 2030 and 2036 it could go up to 1 million dollars. As we technically cannot make predictions, I have made predictions with my best efforts, I don't know how successful my predictions can be.

Frankly speaking, the fact that bitcoin can reach 1 million USD or more is just our prediction and expectation, we have no guarantee that it will happen whether it is 10 years or 20 years later.

It is true that bitcoin is becoming a new trend and receiving a lot of attention from people around the world, but let's not ignore the scenario that in the coming years there will be a better currency than bitcoin created and it will surpass bitcoin. So what we should do is enjoy the present moments, don't think too much about things that haven't happened in the distant future. My immediate goal is to still take profits in the upcoming bull season and I will base my next plans on the market situation.

We are on a speculative market
We are on a random/unpredictable market

So everything about speculative approach and number sayings is something could be considered be valid. It is really just that it would be that realistic or something which is not. Although
we cant really be able to point out if its really that possible or not since we do know that this market is really that truly unpredictable. It had made out that tons of situations or moments that shocks us or
having that surprised us on the things that we do least expect for it to happen.

We've been able to see those numbers on whom we thought that it cant be just possible but look at on where we are now? So this is why in speaking about $1M per coin
is something that could neither happen or not, but pretty sure it would really be taking a couple of decade before reaching on.

Yes, I know we are on the speculation board and people feel free to make their delusional predictions, bitcoin reach 1 million, 10 million or 100 million in the future. But what I want to say is that we should be a little more realistic and slow down a bit, enjoy what we have instead of dreaming too much. Because sometimes we set our expectations too high but then things don't turn out as we expected, we will be filled with frustration and feel like everything is falling apart. We are investing with our own money so don't let illusions cause us to lose money or lose profits that we could have had.

[GeorgeJohn]

I don't really want to click on the link. But I do know what I would do if BTC hits $1,000,000. I would buy a house, and then I would buy back BTC when it dumps.

it did depends the place you are because if you are living in a place that one hundred thousand dollars worth nothing I don't think that you can utilize it, so therefore whatever you are doing concerning bitcoin and the values worth in your country, it depends the correspondent values with the values of your country currency.. inflation is mostly everywhere in the most of Africa countries and if you don't utilize one hundred thousand dollars you will not do anything that will pleases people's eyes...it depends on the kind of business venture into or the kind of project you want to do.

. i found this topic on whalealertz.com.. whats your opinion?

My Opinion? If I told you that Bitcoin will go above $1M, would you see me as a messiah of Bitcoin predictor? Or if I tell you that Bitcoin will go to $20k, will you call me a corrector if Bitcoin should go to that level? What you should know about this price calling is that everyone is entitled to say where the price will reach but in the end, it will go to where it can only reach for that time, many people call Bitcoin to $1M last in the last bull run but we never saw that and when the bear market kick, many where calling below $10k and it still survive all the attack, my advise for you is to ignore what anyone is saying about Bitcoin price because they don't control the Bitcoin market.

Another thing you should know is that when people hold assets, they can call any ridiculous potential price for it and people who hate the market will be telling you that the top is in most particularly the people who are jealous of the Bitcoin performance and they don't have a way to join. If I have 10 BTC, don't you think I will be calling for $2M to attract more investors so my assets can grow, that's how the market works. Irrespective of any call, please hold Bitcoin.

from your first comment it's obvious that bitcoin is unpredictable and you can predict the future this way and another thing will happen for the future of Bitcoin, so therefore I believe that the price of bitcoin is getting to something else, we can not be fully exaggerating on the price of almost every time. I will be of the opinion that we should not be over as I directed and become price or in Bitcoin analysis but we should do you that opportunity and hold until when the future will determine.

No one knows whether it will happen or not and because the price of Bitcoin can reach $10 or it can reach $1,000,000 because anything can happen. However, we should not think like that because the best thing is how we can make money in the process or keep trying to collect more Bitcoins to achieve our desired target.
Technically this is very possible, and considering its very limited nature and the continued growth, progress and demand for Bitcoin, it is possible that the price of Bitcoin could reach this price. However, this still takes quite a long time, and maybe those of us who are old enough will no longer exist in the world if the price of Bitcoin reaches $1,000,000.

what is the exactly what we are saying concerning the price of Bitcoin it is obvious that this expected or estimated price here can happen but none of us who is Present today can witness a such price of Bitcoin in future maybe before it may happen our offsprings will take over the cryptocurrency industry especially Bitcoin so I don't think that some of us will be alive and they will experience such values of Bitcoin equipment in the world.

[Renampun]

https://whalealertz.com/bitcoin-forum/Hey+everyone%2C+I%27m+curious+about+your+thoughts+on+when+Bitcoin+might+hit+%241%2C000%2C000.+Any+predictions+or+insights%3F .. i found this topic on whalealertz.com.. whats your opinion?

when bitcoin is at a price of $1 million then I will be very happy, I am sure everyone will join in cheering and celebrating that, and one thing I am sure of, the price of bitcoin will continue to rise and will definitely reach $1 million dollars one day, bitcoin is not stopped, the value continues to rise.

[Natsuu]

https://whalealertz.com/bitcoin-forum/Hey+everyone%2C+I%27m+curious+about+your+thoughts+on+when+Bitcoin+might+hit+%241%2C000%2C000.+Any+predictions+or+insights%3F .. i found this topic on whalealertz.com.. whats your opinion?

when bitcoin is at a price of $1 million then I will be very happy, I am sure everyone will join in cheering and celebrating that, and one thing I am sure of, the price of bitcoin will continue to rise and will definitely reach $1 million dollars one day, bitcoin is not stopped, the value continues to rise.

Well of course, it's not only bitcoin that will be going higher prices but also the other ones such as Etherium and more altcoins. Especially now that there is more and more integration of cryptocurrency interaction all over the world. It is way easier and more convenient. Fundamental wise, Bitcoin is positive. Technically is bullish too. Talking about market cycle and halving in which the reward in mining will decrease. The lesser, the higher increase in price people are expecting. This may not happen right away but it surely will.