BTC to $20 trillion MC

[Japinat]

Here's what the article explained.

https://finance.yahoo.com/news/prediction-bitcoin-could-worth-20-090000591.html

During the past decade, Bitcoin has transformed from a digital currency into a unique, standalone asset.

If Bitcoin is truly digital gold, as some think, it could skyrocket in value to $20 trillion from its current $2 trillion.

Over time, Bitcoin should become less volatile, as more investors view it as a stable, long-term investment.

Now here's the million-dollar question, do you guys think that’s possible at this pace?

Right now the total market cap is around $2 trillion. So if we’re talking 10x, that means Bitcoin would be trading at $1 million per coin.

Sounds kinda wild, right?  But do you think there's any chance this could happen in the next 5 years? Or is this just one of those crypto fairy tales we keep telling ourselves to sleep better at night?

[Charles-Tim]

It is very possible for bitcoin to get to $20 trillion in market worth but this will not happen until a long period of time has passed. I do not see this to happen in this decade but very possible this can happen in the next decade with the way the adoption is right now that the world are supporting bitcoin and more institutions are coming in to invest.

[Russlenat]

We never really know when it’ll happen, but if this trend keeps going Bitcoin breaking its ATH every now and then, then hitting that target price might not even take 5 years. And seriously, are we still doubting that $100K+ is possible? I mean, come on, we started from under $1! We’ve climbed this high already, so another 10x? That’s just Bitcoin doing its normal thing.

[cryptomaniac_xxx]

Here's what the article explained.

https://finance.yahoo.com/news/prediction-bitcoin-could-worth-20-090000591.html

During the past decade, Bitcoin has transformed from a digital currency into a unique, standalone asset.

If Bitcoin is truly digital gold, as some think, it could skyrocket in value to $20 trillion from its current $2 trillion.

Over time, Bitcoin should become less volatile, as more investors view it as a stable, long-term investment.

Now here's the million-dollar question, do you guys think that’s possible at this pace?

Right now the total market cap is around $2 trillion. So if we’re talking 10x, that means Bitcoin would be trading at $1 million per coin.

Sounds kinda wild, right?  But do you think there's any chance this could happen in the next 5 years? Or is this just one of those crypto fairy tales we keep telling ourselves to sleep better at night?

In 2017, we didn't even think that the price is going to close to almost $20k. And then in 2021, we thought that we will have a new all time high of $100k, but it didn't happen. My point is that we really can't predict what will be the price in the future. So let's say that there could be a possibility that somewhere in the future, we might hit that numbers. And looking at today, Bitcoin has grown to much that it's too big to fail. And with institutional investors coming in, everything is beyond our imagination, maybe $500k in the next halving and then $1 million in the next for all we know.

And with the supply getting scarce, and people realizing how valuable it can be, so they invested on it pushing the price. Again, this is hypothetical, but there could be a time that we might be in parity with Gold.

[salad daging]

Not in 5 years will reach that MC - still too far from my observation.

Not just a story,,, but the possibility in the future this will be a fact - and we never know when the right time might be the next 20 years or under that time, because the movement of bitcoin can go up fast as well as down.

I believe one day bitcoin will be equivalent to gold in terms of market capitalization, maybe right now BTC is still too young to compare with gold.

[fuguebtc]

We never really know when it’ll happen, but if this trend keeps going Bitcoin breaking its ATH every now and then, then hitting that target price might not even take 5 years. And seriously, are we still doubting that $100K+ is possible? I mean, come on, we started from under $1! We’ve climbed this high already, so another 10x? That’s just Bitcoin doing its normal thing.

Sure, bitcoin will do it and reach $1 million in the future, but it won't be as easy as going from $1 to $100k. Bitcoin only needs $2 trillion to hit $100k, but it would take $20 trillion to hit $1 million (which is comparable to gold in market cap). Based on history, it took Bitcoin 16 years to reach a market capitalization of $2 trillion, do you still think Bitcoin will attract another $18 trillion in just the next 5 years or decade? If we follow that formula, it would take bitcoin decades to reach $20 trillion.  While bitcoin is a growth asset that outperforms any other asset, let's be realistic and we are talking about $20 trillion, not $2 trillion or just $200 billion.

[Lida93]

Here's what the article explained.

https://finance.yahoo.com/news/prediction-bitcoin-could-worth-20-090000591.html

During the past decade, Bitcoin has transformed from a digital currency into a unique, standalone asset.

If Bitcoin is truly digital gold, as some think, it could skyrocket in value to $20 trillion from its current $2 trillion.

Over time, Bitcoin should become less volatile, as more investors view it as a stable, long-term investment.

Now here's the million-dollar question, do you guys think that’s possible at this pace?

Right now the total market cap is around $2 trillion. So if we’re talking 10x, that means Bitcoin would be trading at $1 million per coin.

Sounds kinda wild, right?  But do you think there's any chance this could happen in the next 5 years? Or is this just one of those crypto fairy tales we keep telling ourselves to sleep better at night?

With the manner of recognition bitcoin has gained globally 20 trillion market cap for bitcoin doesn't seem like an impossible feat to be attained only that that's going to require time and it could be more than a decade. About 15 years back I am sure a lot of persons doubt it questioned the possibility of bitcoin getting to 2 trillion MC, but currently that's a reality and no more a fairytale as it were. So, 20 trillion MC is possible but a matter of time.

[sokani]

With Bitcoin going mainstream and many institutional buyers jumping in, it could get to a $20 trillion market cap or more, but in the next 5 years? Nah, it's not possible because 5 years is like another bull season. A 20 trillion market cap means Bitcoin will be 10 times its current price (that's about $1,048,650 per Bitcoin), and that's not feasible in 5 years man. It's going to take quite some time for this to happen.

[AprilioMP]

It is still possible and even the achievement is very possible but to ensure that it will happen within the next 10 years makes it impossible for me to say it can.
Bitcoin is currently well known in the world and is well recognized by parties who have large companies and well-known institutions and that is good capital for Bitcoin.
Not to mention the level of adoption that continues to be carried out by many parties every year on a regular basis.

[m2017]

Now here's the million-dollar question, do you guys think that’s possible at this pace?

Right now the total market cap is around $2 trillion. So if we’re talking 10x, that means Bitcoin would be trading at $1 million per coin.

Sounds kinda wild, right?  But do you think there's any chance this could happen in the next 5 years? Or is this just one of those crypto fairy tales we keep telling ourselves to sleep better at night?

Every time I see a question about whether 1 BTC can be worth $1 mln. , I want to draw the reader's attention to the fact that if this happens, it will not be as positive news as the user asking the question expects. Because by the time it happens, the value of $1 mln. will be significantly lower than the value of $1 mln. now. And the thing is that the world is increasingly being flooded with printed dollars, which are rapidly depreciating. Of course, reaching the value of $1 mln. will have a very powerful psychological effect, but from a financial point of view, this effect will be spoiled by inflation. If before it seemed important to me how much bitcoin was valued in dollars, now I am increasingly inclined to the phrase that "1 BTC = 1 BTC", which has been repeatedly heard on this forum. Estimating 1 BTC at $1 mln. for me looks like an attempt to exchange 1 gold bar for 1 million beads. That is, an attempt to exchange assets that are not of equal value.

Don't get hung up on the numbers with the "$" sign, which are written with the "=" sign with bitcoin. 1 BTC = 1 BTC.

[Sticky Bomb]

It is very possible for bitcoin to get to $20 trillion in market worth but this will not happen until a long period of time has passed. I do not see this to happen in this decade but very possible this can happen in the next decade with the way the adoption is right now that the world are supporting bitcoin and more institutions are coming in to invest.

I don't see it happening in this decade actually, but the next may be feasible. This decade is ending in the next bull run, I don't think we can reach such height this soon. I am predicting four more bull runs or more for this dream to start looking like a reality.  I believe in bitcoin very much, but this speculation is too much for this decade alone.

[Don Pedro Dinero]

Sounds kinda wild, right? 

Not so wild nowadays.

But do you think there's any chance this could happen in the next 5 years? Or is this just one of those crypto fairy tales we keep telling ourselves to sleep better at night?

I wouldn't say there is a huge chance but it is definitely within the realm of possibilities. Only if this cycle's high is 3.5x the previous one and the next one is 3.5x the previous one, the price would reach 1 million. These multipliers are not crazy given the history of the bitcoin price, but it is true that the higher the market cap, the harder it is to move the price. However, with all the institutions that are buying and if the states join in, it is definitely possible.

[adultcrypto]

Every believer in bitcoin know reach $1 million per coin but we do not know when it  will happen. Bitcoin have proven to be very difficult to predict but we can use  past records to know whar  it possible to happen in the next decade. When bitcoin finally reaxh $1 million, those who are buying now will almost appear like OGs. I have the believe that will be among those who will be proud to say their decisions was the best.

[Wiwo]

With the current progress level and momentum in the value growth of bitcoin over time, we can't say that such price predictions is a wild predictions, but rather we may say it early to predict if we give it a short time frame, but if you talking about the possibility of bitcoin reaching $20 trillion market cap it very possible with time, we may be at that point or close to that point in the next two bitcoin halving cycle, or just near that benchmark at that point.

[aoluain]

Sounds kinda wild, right?  But do you think there's any chance this could happen in the next 5 years? Or is this just one of those crypto fairy tales we keep telling ourselves to sleep better at night?

5 years ago $100k seemed a bit wild!

There has been talk before about Bitcoin value hitting $1million and yea its hard
to consider the idea but anything could happen. The US could actually create a
Bitcoin treasury fund, other countries could follow.

Maybe if those scenarios play out the market could hit $1million in the next
5 years otherwise it target will be hit at a later date.

[Zoomic]

Here's what the article explained.

https://finance.yahoo.com/news/prediction-bitcoin-could-worth-20-090000591.html

During the past decade, Bitcoin has transformed from a digital currency into a unique, standalone asset.

If Bitcoin is truly digital gold, as some think, it could skyrocket in value to $20 trillion from its current $2 trillion.

Over time, Bitcoin should become less volatile, as more investors view it as a stable, long-term investment.

Now here's the million-dollar question, do you guys think that’s possible at this pace?

Right now the total market cap is around $2 trillion. So if we’re talking 10x, that means Bitcoin would be trading at $1 million per coin.

Sounds kinda wild, right?  But do you think there's any chance this could happen in the next 5 years? Or is this just one of those crypto fairy tales we keep telling ourselves to sleep better at night?

To start with, I already feel like bitcoin price is becoming somehow stable. With the rate institutions and governments have trooped into bitcoin, the price was supposed to fly by now but it's taking a gradual increase instead. I really do think that the market is somehow stabilizing.

For the market capitalization prediction, I think it is an outrageous prediction. If something is in $2 trillion dollars, you should atleast predict that it will go to 4 or 5 trillion dollars before predicting 20 trillion dollars. I found the prediction baseless and unrealistic.

[GreatArkansas]

(.....)
Sounds kinda wild, right?  But do you think there's any chance this could happen in the next 5 years? Or is this just one of those crypto fairy tales we keep telling ourselves to sleep better at night?

Very possible. Just like what happened from a 1-digit price Bitcoin to what we have now.
2013: ~$13 -> ~$1,100
2017: ~$1,000 -> ~$20,000

Just in case we will have 10x for Bitcoin in the future, expect a lot of things will happen, like major macro + adoption.

[philipma1957]

(.....)
Sounds kinda wild, right?  But do you think there's any chance this could happen in the next 5 years? Or is this just one of those crypto fairy tales we keep telling ourselves to sleep better at night?

Very possible. Just like what happened from a 1-digit price Bitcoin to what we have now.
2013: ~$13 -> ~$1,100
2017: ~$1,000 -> ~$20,000

Just in case we will have 10x for Bitcoin in the future, expect a lot of things will happen, like major macro + adoption.

he is close

check every 10 hodl btc has smoked

2009 to 2019 crazy jump
2010 to 2020 crazy jump
2011 to 2021 crazy jump
2012 to 2022 crazy jump
2013 to 2023 crazy jump
2014 to 2024 crazy jump
2015 to 2025 crazy jump

all of below is unknown
2016 to 2026
2017
2018
2019
2020
2021
2022
2023
2024
2025 to 2035  to be 10x seems very possible

based on the  other jumps

also do not forget.

the 2035 dollar is lucky to be worth 50 cents more likely 30-40 cents which means btc will likely triple or more just based on that.

[JeffBrad12]

Sounds kinda wild, right?  But do you think there's any chance this could happen in the next 5 years? Or is this just one of those crypto fairy tales we keep telling ourselves to sleep better at night?

If you observe from bitcoin's growth, it's pretty realistic actually. $1 Million per bitcoin is pretty easy if we got surge of passive investors and the bitcoin circulating in the market is becoming lesser and lesser then it's logical for bitcoin to reach that high of a price.
People will say it's unrealistic until they see it themselves. Back then even $20k was said to be unrealistic but lets see where we are now.
If we are just depending on 4 year cycle then maybe it's difficult but see from the mass adoption side.

[mich]

Well I do think we are going to see a $20 Trillion marketcap for Bitcoin. It will happen not in near future but if we just hodl out coins we will see it. And Bitcoin price point will be alot more then what it is now 103k.

I do think we will need to be just wait for that. Because this will not happen in this year or in the next year. And yesterday we saw Bitcoin price of 107k so I do think we are going to start a new 'bull run' soon.