$100,000 and $1,000,000 Bitcoin

[VanKushFamily.com]

I am making a MATIC Token, and we now have 2 HIVE-Engine Tokens, and we intend to Buy HIVE, STEEM and BLURT with our Earnings as we Raise the Value of our Currencies. We are also Currently about to Launch a MATIC Token and a Bot to connect to our HIVE-Engine Currencies and give them more Utility, it will be a Rewards and Voting Bot, which we will upgrade for Conversation by using AI.

Then I will Start getting some Cloud Mining Power, so we can Start Showing Everyone how Everything Works. We will also get a Trading Bot so we can put a Bot on the Exchange Trading and we may Start getting into ForEx and Stock Exchanging the same way. With kind of Trading Bots and Things.

But we will Start Showing Everyone how all of this Works, and it will be Part of a Large Network of Things we are Showing People.

For Example, KeyChain for HIVE, You can Download KeyChain from ANY APP Store and Start getting into Blockchain. We are going to be Teaching about that.

And we are going to be Teaching about Cloud Mining here in this Thread.

[Z390]

Cloud mining in 2024 is not possible anymore, gone are those days already, since you claimed that you are here in 2011 then you should know better, cloud mining was paying at the time and I guess that's because Bitcoin was a lot cheaper and also easier to mine.

Today things have changed a lot, I can remember in 2018, the few cloud mining services that survived end up saying they are not more able to run the business anymore, genesis mining was one of them, I was into cloud mining too and they all failed.

Things are no more the same, the bitcoin mining difficulty has gone up so much that even the old Bitcoin miners can't keep up.
Cloud mining in 2024 is a fad, if anyone is telling you to invest in cloud mining they have a bad motive, they want to scam you, this is 2024, you need to be vigilant.

[Popkon6]

I was around when Bitcoin was $5, and $30, and I Bought my First Bitcoin at $30, I then Sold at $1,000. And I was Earning 7 Bitcoins a Month for a few Months, and Cashing that out for $7,000. I Remember when it First hit $1,000 and we were Talking about Satoshis and saying "One Day we will need to have a kind of Penny for Cryptocurrency" and we were all Talking about how One day in the Future there would be a Need to use Satoshis as a Unit of Measurement, and Satoshis are Actually a Good Place to Start. If Each Satoshi was 1 Penny (there are 100,000,000 Satoshi in 1 Bitcoin) then Bitcoin would be a Much Higher Price. And in Order to get to that Place, we need more People to be Holding Bitcoins, more People to take Bitcoins off the Market, even People Collecting Satoshis so that they have a Stake in the Price. And the More and more people that have "Skin in the Game" the Higher the Price will go.

And now, there is a Big Mining Infrastructure, and it's not going away. So that will Grow, and Everyone will Start getting more and more invested, as a Species that is. And Eventually the Price will Reach $100,000 and $1,000,000, it just might Take 100 Years. But $100,000 Probably isn't 100 Years away.

It is natural for Bitcoin price to rise, as Bitcoin is the most useful digital currency in this modern world. The price of Bitcoin has been very low in the past, but the price of Bitcoin has gradually increased to reach an all-time high before the 2024 halving takes place. But Bitcoin price is definitely more likely to peak in 2025 bull market after 2024. But Bitcoin is best for long term so waiting till peak market price will reap the most benefit. Bitcoin must wait until two halvings in the future to reach one hundred thousand to one million dollars.

[Alone055]

Cloud mining in 2024 is not possible anymore, gone are those days already, since you claimed that you are here in 2011 then you should know better, cloud mining was paying at the time and I guess that's because Bitcoin was a lot cheaper and also easier to mine.

For as long as I remember, there have been cloud mining scams in the industry and this is from the time when there used to be a few legit cloud mining services that used to be profitable for both miners and the service providers because mining difficulty used to be lower and electricity costs used to be cheaper back then, but despite all that, I still remember that scammers used to create a lot of cloud mining platforms to scam people out of their money and since it used to be a thing back then, new users used to believe in them and invest their money very easily.

It's all about awareness, and these days, since people are much more aware and understand that they can't earn money from cloud mining and that such services are nothing more than scams, one would barely show any interest in them even if a company decides to start a legit cloud mining service, they will have a hard time finding customers because of this.

[SAHASAN]

1 Million for bitcoin price is possible it will need maximum 20 years or if I said minimum time then it can possible withing just 12 years because people are going to more knowledge about money inflation and government money printing scam policy are know by maximum normal people and poor country people feel it.

[HideYourKeys]

We will eventually reach 1,000,000 you can quote me by then

[Nrcewker]

$100k is a logical price for now. But for $1 million? I have nothing to say. It will probably take at least another 15 years and we can talk about 1 btc = $1M

It might go to $20,000 again First (Unlikely), but it will get to $1,000,000 at some Point.

No it won’t fall that much low. This is because once Bitcoin fall in price, many traders will start buying it as they will be able to get the coins in comparatively cheap price. Now we know that Bitcoins are limited in numbers, hence when more people will buy the coins, it will increase the demand to accumulate the coins and now for fulfilling the demand, the price will go up. So we might not see low price like 20k usd, but yes 1 million is possible due to this supply and demand effect.

[synchronym]

$100k is a logical price for now. But for $1 million? I have nothing to say. It will probably take at least another 15 years and we can talk about 1 btc = $1M

Bitcoin price reaching $100k seems very logical to me. Because we've already reached an all-time high of $74,000. Only if we raise $25k to $26k, will we reach $100k. So our next target is $100K which we are looking at achieving in 2024. But I think it will take a long time for bitcoin price to reach $1M. But surely bitcoin price will be $1M though need long time. But the main objective may be to increase the investment those who have invested will increase the investment and those who have not invested yet will invest and wait for the next new ATH.

You are right I agree with you because the way the bitcoin market is trending right now it doesn't seem too late for the bitcoin market to reach $100k. As the day goes by the Bitcoin market is going higher. If we look at the Bitcoin markets at the beginning of 2023, the Bitcoin market was quite low. But since the end of 2023, the Bitcoin market has continued to rise, but the current Bitcoin market is very active, so it is expected that the Bitcoin market will continue to rise in the future. However, the Bitcoin market fluctuates widely, so nothing can be said for sure. But if we want to invest in Bitcoin, of course we can still invest in Bitcoin, because in the case of Bitcoin investment, we must have a long-term plan and check the market to invest, of course we can get proper success through investment.

[tabas]

It's going to be the same story when people have said that Bitcoin won't reach those low prices compared to what we have right now. I can still remember those days when the cloud mining has became a thing and many have thought that many of them are legit because they're too slow to take an exit and took the trust of many but still, in the end they've ended - most of them as a scam. I was so close to deposit on it because I was a gullible guy before until one by one, each of them turns out the truth about them. As $100k and $1M seems to be high to be said right now, soon, it's going to be a tale by most of us but the question is, if you're able to witness that as a holder or as a speculator.

[obanzecoin]

100-150k in the next future.
After 4 years maybe more than 500k.

[odolvlobo]

We will eventually reach 1,000,000 you can quote me by then

That doesn't mean much without a time frame. Just through inflation, $62,000 will become $1,000,000 in 140 years at 2% and 70 years at 4%.

[Zanab247]

With the current price of BTC, i don't think it will reach 7 months before the price of BTC will hit $100k because people have experienced high price early this year, which there is a hope of going higher to hit the amount before the end of this year.

It will hit $1million before the 10 years, if you look at where BTC started from to this current price that is attracting people to invest more on BTC because the next bull run will going to be massive to help people to recover from their losses.

Many people never believe that the price of BTC will reach $70k this season, because the highest price was $69 last two years, but it breaks a new ATH to remove doubt in the mind of some people to begin hodling their BTC long before they can sell to make profits.

[VanKushFamily.com]

Cloud mining in 2024 is not possible anymore, gone are those days already, since you claimed that you are here in 2011 then you should know better, cloud mining was paying at the time and I guess that's because Bitcoin was a lot cheaper and also easier to mine.

Today things have changed a lot, I can remember in 2018, the few cloud mining services that survived end up saying they are not more able to run the business anymore, genesis mining was one of them, I was into cloud mining too and they all failed.

Things are no more the same, the bitcoin mining difficulty has gone up so much that even the old Bitcoin miners can't keep up.
Cloud mining in 2024 is a fad, if anyone is telling you to invest in cloud mining they have a bad motive, they want to scam you, this is 2024, you need to be vigilant.

This complete Anti-Cloud Mining Stance around here is a Problem. Cloud Mining is still Viable. I don't know why People think they can just say "They are all Scams".

It just doesn't Follow the Facts.

The Fact is that many HAVE BEEN SCAMS. But You are all just acting like Everyone that said "Bitcoin is Dead" and acted like they knew something. Do You Realize that, there were People just like You saying "Bitcoin is Dead" like 3 Months ago because it was $20,000 instead of $65,000. And those were DIPSHITS THAT DON'T KNOW SHIT. And You are acting like them, just Generalizing and saying "They are all Scams".

There are a lot of Scams. But that does not make them all Scams.

[Maus0728]

It's 2024 bro! Cloud mining isn't the thing anymore, scammers are already using other methods to scam people now. I do hope (not really ) that you do get your break in this one and find one dumb and gullible enough to believe that cloud mining will make them money. I don't know if you're a genuine person that wants to contribute something to the forum but with that wall of text, I'm not sure that you are, hopefully you do get the urge to improve but I'm not sure, do some changes and you'd see more people care about what you're yapping about.

[VanKushFamily.com]

Cloud mining in 2024 is not possible anymore, gone are those days already, since you claimed that you are here in 2011 then you should know better, cloud mining was paying at the time and I guess that's because Bitcoin was a lot cheaper and also easier to mine.

For as long as I remember, there have been cloud mining scams in the industry and this is from the time when there used to be a few legit cloud mining services that used to be profitable for both miners and the service providers because mining difficulty used to be lower and electricity costs used to be cheaper back then, but despite all that, I still remember that scammers used to create a lot of cloud mining platforms to scam people out of their money and since it used to be a thing back then, new users used to believe in them and invest their money very easily.

It's all about awareness, and these days, since people are much more aware and understand that they can't earn money from cloud mining and that such services are nothing more than scams, one would barely show any interest in them even if a company decides to start a legit cloud mining service, they will have a hard time finding customers because of this.

I don't want to Advertise any Particular Service that I have not Used, but I am looking at some Cloud Mining Services that look Legit. At Least 2, and I haven't looked very Hard.

[VanKushFamily.com]

It's 2024 bro! Cloud mining isn't the thing anymore, scammers are already using other methods to scam people now. I do hope (not really ) that you do get your break in this one and find one dumb and gullible enough to believe that cloud mining will make them money. I don't know if you're a genuine person that wants to contribute something to the forum but with that wall of text, I'm not sure that you are, hopefully you do get the urge to improve but I'm not sure, do some changes and you'd see more people care about what you're yapping about.

I Told People to Cloud Mine instead of Buying Bitcoins.

I won't get anything for it, they will be Getting Hashrate instead of Bitcoin, and they will Earn from it.

I'm not sure anyone here is an Adult. I am Pretty sure You are all at Your Mom's Houses Arguing with me.

[odolvlobo]

Cloud mining in 2024 is a fad, if anyone is telling you to invest in cloud mining they have a bad motive, they want to scam you, this is 2024, you need to be vigilant.

This complete Anti-Cloud Mining Stance around here is a Problem. Cloud Mining is still Viable. I don't know why People think they can just say "They are all Scams".
It just doesn't Follow the Facts.
The Fact is that many HAVE BEEN SCAMS. But You are all ... [unrelated example of no-coiners] ... just Generalizing and saying "They are all Scams".
There are a lot of Scams. But that does not make them all Scams.

The cloud mining scam has been around for more than a decade, but regardless of what year it is, if 99% of the cloud mining offers you come across are scams, then it prudent to assume that they are all scams. A cloud mining operation would have to prove to me that they are legitimate before I would consider it, and I don't consider claims of past profitability to be sufficient proof.

I am very skeptical. I have yet to see an example of an operation that benefits both the operator and the customers. Typically, any benefits to the operator are at the expense of the customers.

Here is the basis of my skepticism: If I am an operator who has built a profitable mining operation, when is it better for me to sell hash power for less than what I would get if I kept all of the mining revenue for myself? I believe the answer is "never". So, a legitimate cloud mining is at best a money loser.

It is also apparent to me that cloud mining customers don't ask themselves a basic question, If I pay 62k USD (the current price) for hash rate, will I end up with 1 BTC at the end? The answer is generally no if the operator also wants to make a profit.

[Ben Barubal]

     As I read this topic made by the OP, in my mind I can feel his great regret as to why he sold the Bitcoin he had when he bought it at a price of around 30$ and sold it when it rose to 1000$. Although the profit of 30 dollars worth of its $1,000 sale is huge,.

     It's just that he seems to feel more regret at the current price of Bitcoin. We understand that feeling. Just so we don't have to stress anymore, let's move on, and if we still believe in Bitcoin, just save again for the future.

[peter0425]

I Told People to Cloud Mine instead of Buying Bitcoins.

I won't get anything for it, they will be Getting Hashrate instead of Bitcoin, and they will Earn from it.

I'm not sure anyone here is an Adult. I am Pretty sure You are all at Your Mom's Houses Arguing with me.

Cloud mining has its perks and disadvantages and people might want to consider these disadvantages when deciding whether they want to do cloud mining. The #1 advantage of this approach is that you can mine bitcoin with a rented hardware and software from a provider.

Knowing how expensive hardwares could be, this can be a good option for those looking to mine bitcoin. On the other hand since it involves another party, there are risks to be considered as well. So, make sure to research on this first before deciding whether to do cloud mining or not.

[Belarge]

     As I read this topic made by the OP, in my mind I can feel his great regret as to why he sold the Bitcoin he had when he bought it at a price of around 30$ and sold it when it rose to 1000$. Although the profit of 30 dollars worth of its $1,000 sale is huge,.

     It's just that he seems to feel more regret at the current price of Bitcoin. We understand that feeling. Just so we don't have to stress anymore, let's move on, and if we still believe in Bitcoin, just save again for the future.

The past and the future is connected and nobody knew basically that crypto will grow to become broad today. Everyone who indulged in crypto over the early moments underrated them but for some reasons, most of them didn't stop and always aiming for winning. He will not blame himself because not only him have made such mistakes, others have also made them and they're still alive today striving for a better life. We should become more focused with our lives because winning is important and straight for everyone of us.