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Author Topic: Do you still believe Bitcoin can reach $1M? Why or why not?  (Read 1293 times)
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August 17, 2025, 02:48:52 PM
 #141

In this life, I've learned that anything is possible. So even if right now, it is quite far in the horizon, never say never. It is possible but we don't know when. Just have conservative estimates because you are using your funds that you have no idea when you will get your target profits.
Yeah, we need to realize that we can't always know what's going to happen beforehand, and we can never be sure of anything before it happens. What we can just have is hope, and that hope is that price will go up in the future, nothing is worse than that.

We need to focus on how to make more money with what we have, and for that reason we are going to get a lot better result. If we can do that, then we are going to see this change for the long term. Because if we are right with our hope and price goes up, then it doesn't matter "when" it goes up if we are holding it, as long as you are not selling, then when it goes up is unimportant information and shouldn't be something that bothers you for the long term.
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August 17, 2025, 08:45:41 PM
 #142

According to my research, the last Bitcoin will be mined in 2140. I thought it would happen much sooner, in 2040. However, Bitcoin reaching a price of $1 million may happen much later. And I think the super bullish moment will happen when the amount of Bitcoins that can be mined is very low. Or serious political changes occur.
The amount of Bitcoin that can be mined is already very low. 1.3 million is left out of 21M for the entire remaining issuance, so that is extremely low.


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August 18, 2025, 03:32:11 PM
 #143

It is possible, we are relatively close to "running out" of the total supply, demand is high and supply will soon be lowered, the price is constantly rising driven by investors themselves, it is difficult to predict when this will happen. $1 million is an attainable price.

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August 18, 2025, 05:22:02 PM
 #144

I think it can due to high demand increasing everyday, but in the other hand topics like WW3 and supercomputer, or just lack of interest can maybe take the price down. I don't personally see it how it can go to 0 in 1 day like some people fear, I beleive in it's security but what are some threats even if they are theory that could take it down, how would the gonverment attack it?
Questions that often cross the minds of Bitcoin holders and maybe the optimism that we have can be used as a reference regarding the reference to the Bitcoin trip itself. But if you hope Bitcoin drops on the number 0 is completely impossible after Bitcoin passes through several difficult events since it was launched. What is a more concrete reason regarding the price of Bitcoin that will fall to 0 and how the formula and theory to calculate all of that can happen.

In understanding Economics, every product that has a bargaining value and has a demand and supply is impossible to make it lose price up to 0. That is absolutely impossible because when talking about economic theory itself, Bitcoin should have increased higher price increases from the year le year.

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August 19, 2025, 12:39:46 AM
 #145

It is possible, we are relatively close to "running out" of the total supply, demand is high and supply will soon be lowered, the price is constantly rising driven by investors themselves, it is difficult to predict when this will happen. $1 million is an attainable price.
After observing how Bitcoin has managed to increase several times its ATH in each bullish period, it seems that predicting Bitcoin reaching $1 million in the future is indeed very possible. But not in the next bullish period or the next, but after that. Perhaps in the next four halvings, or more.

And the interesting fact is, when Bitcoin was first launched, no one dared even think it would reach a price above $100,000 USD, right?

And interestingly, everyone's predictions kept increasing with each halving period. For example, the predictions for the first halving period were that everyone dreamed of seeing Bitcoin reach $1,000, and then $10,000. All of that seemed impossible to achieve, but in the end, it was achieved and even exceeded. So, predicting a price of $1 million seems very possible.

 
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August 19, 2025, 01:38:38 AM
 #146

We absolutely do not need another thread along the likes of "can bitcoin reach $X?" because they're just unnecessary and there have been so many of them over the years that they just turn into a nice little thread with an easy question that can't be answered wrong as the title, and that attracts shitposters like a neodymium magnet to iron filings.  My advice would be to lock it; OP, I'm guessing you don't care what anyone else has to say on this anyway.

But should anyone doubt that $1M, $2.5M, or whatever price level can be reached, all you have to do is be patient and pay attention to the market.  There's an enormous bull run happening in the crypto world, and it hasn't finished trampling the suckers, the weak-handed, and the bears.  I was a doubter when it was sub-$1k, and I thought there would have to be a global financial catastrophe before bitcoin got to, say $5k.

And yeah, the years just kept proving me wrong and hence I never made any money....but I'm not bitter, even though the noose has been installed nicely in my garage and is just waiting for another failure before I call it a fun ride but quit having anything to do with money altogether.

Psst:  Don't take that last sentence seriously (except about me never making money; that part is so damn true it brings salty bitch-tears to my eyes).

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August 19, 2025, 09:36:01 PM
 #147

It is possible, we are relatively close to "running out" of the total supply, demand is high and supply will soon be lowered, the price is constantly rising driven by investors themselves, it is difficult to predict when this will happen. $1 million is an attainable price.

A supply shock will be inevitable. Especially when institutional investors and governments are buying BTC like crazy. The number of BTC bought will eventually surpass the number of newly-minted coins. $1m would just be the tip of the iceberg. It's likely Bitcoin will reach $5m - $10m soon.

Not only will high demand drive Bitcoin's price all the way to the moon, but also the devaluation of Fiat currencies (mainly the USD) themselves. It's no wonder why many are considering Bitcoin as the "next Digital Gold". Buying and holding it for the long-term, would be the ideal thing to do. We can't predict the future, so expect the unexpected.

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August 20, 2025, 03:38:07 AM
 #148

Well I want to think we will see this price of Bitcoin go up to $1 Million. But also does this mean we will be alive to see the price reach $1 Million.

There is alot of investors that does think it is a price we will reach. But none of us will be alive in 100 years so I do hope we will see this price in next 10 or 20 years.

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August 20, 2025, 06:27:50 AM
 #149

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August 20, 2025, 07:30:07 AM
 #150

Well I want to think we will see this price of Bitcoin go up to $1 Million. But also does this mean we will be alive to see the price reach $1 Million.

There is alot of investors that does think it is a price we will reach. But none of us will be alive in 100 years so I do hope we will see this price in next 10 or 20 years.

I am quite confident that we will see it in our lifetime, I would say in 10 years at most. I still remember when I was starting out, the famous McAfee said he would eat his dick on national TV if bitcoin didn't reach a million by 2020. Then he halved his forecast. It was an exaggeration, like everything else in his life. But today I am much more confident that it will reach a million than I was back then that bitcoin would ever reach $100,000.


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August 20, 2025, 08:40:49 AM
 #151

I have a gambling mind... I didn't know how else to do it so I asked AI to calculate the odds of Bitcoin hitting $1 million one day. Here are the results:

Quote
Next 5 years: ~5–10%

Next 10–15 years: ~20–30%

Long-term (20+ years): ~40–50%

So there are chances, and pretty good ones if you ask me. And since I have some money in Bitcoins, I guess I can say I believe Bitcoin can reach $1 million one day.
All of us who own even a fraction of Bitcoin believe in that... more or less. And it's like all of us are betting that one day the price will reach $1 million.

Yes, we definitely believe in Bitcoin and plan to hold it for a long time. Maybe one day the price of Bitcoin will enter $1 million, just wait for some time and it will definitely reach this level but it will not be far. It may take a long time due to volatility in the market, but look at Bitcoin again and the block halving will happen again then its demand will increase even more.
We were waiting for a while that Bitcoin would ever reach $100k, we believed a lot that Bitcoin would reach this level and finally it has been completed. So we can definitely have faith and trust in Bitcoin for the future, one day the price of Bitcoin will touch $1 million.

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August 21, 2025, 01:17:38 PM
 #152

I am quite confident that we will see it in our lifetime, I would say in 10 years at most. I still remember when I was starting out, the famous McAfee said he would eat his dick on national TV if bitcoin didn't reach a million by 2020. Then he halved his forecast. It was an exaggeration, like everything else in his life. But today I am much more confident that it will reach a million than I was back then that bitcoin would ever reach $100,000.



Most of us here are not that old (Millennials), so I agree that we will have a chance to see bitcoin hit 1 million. But I'm pretty skeptical and don't think that will happen in the next 10 years, and that will be much harder than bitcoin hitting $100k.

I often look at the market cap and for bitcoin to hit $1 million we need $21 trillion, not $2 trillion. That's a huge amount, more than 10 times the current market capitalization of bitcoin. So I think it will probably take longer for bitcoin to reach 1 million, 10 years is too short.

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August 21, 2025, 07:38:58 PM
 #153

Well I want to think we will see this price of Bitcoin go up to $1 Million. But also does this mean we will be alive to see the price reach $1 Million.

There is alot of investors that does think it is a price we will reach. But none of us will be alive in 100 years so I do hope we will see this price in next 10 or 20 years.
Death is something that none of us can ever predict when we will taste it. So it is really hard to say whether we will actually see bitcoin reach th 1 million in one point of vew. But if we think it will take 50 or 100 years for Bitcoin to reach one million, then we are wrong.

Because if we look at and compare the price of Bitcoin in every bull season, we will see that the price of Bitcoin has increased several times each time. If we look at the last few times, it has doubled in price, so if we calculate accordingly, your prediction may be correct that in 10 to 20 years we are going to see Bitcoin go to one million price.

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August 21, 2025, 08:44:33 PM
 #154

Well I want to think we will see this price of Bitcoin go up to $1 Million. But also does this mean we will be alive to see the price reach $1 Million.

There is alot of investors that does think it is a price we will reach. But none of us will be alive in 100 years so I do hope we will see this price in next 10 or 20 years.
Let's stick with positivity for the leanest. $1 million in 10 years is not too far not to be alive.

Yes, it is a price we will/must reach, not far from here Bitcoin will exceed $1 million, whoever mentioned 100 years interval is a jokester that doesn't understand Bitcoin pace in the digital market.

If it's going to take Bitcoin 100 years to reach $1 million, investors will rather lose hope and spare their money somewhere else.

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August 21, 2025, 09:04:15 PM
 #155

This seems certain to me, and perhaps there will be more. Time will tell us this, not immediately; Bitcoin will rise to a favorable price over time. Bitcoin technology and the idea behind it are starting to be adopted. Companies and nation-states have already discovered it. With more entries, exponential growth will follow.

Bitcoin has always had exponential growth, and over time, it will expand even further, and $1 million will become inevitable and a reality.
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August 21, 2025, 11:50:12 PM
 #156

BTC at 1 million is already inevitable but that expectation by at least some is already within the price now.  The fact that price exists in the future also partly explains the high price now and it can still be that the price now is overvalued perhaps because it will take some years to reach the final higher price.
   Money always has a cost over time because you could be using it for all sorts of alternatives instead.  Also the future date for pricing matters as the Dollar itself will have lost value perhaps as much as half again by that time, it should be an exaggeration to state such a high loss amount but it no longer is and this relates to such high targets in BTC also.

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August 22, 2025, 10:26:59 AM
 #157


A panel of six experts on the subject known for their expertise in this area have all (all six of them individually) said they believe Bitcoin will reach $1 million as early as 2030 but in the 2031-2032 timeframe definitively - - and will reach $2 million in the 3032-2033 timeframe.    

https://i.ibb.co/k29tjCyT/Screenshot-2025-08-21-113737.png



I bet you, they can't even predict what the price of bitcoin will be by the end of this year or the end of August, let alone make predictions for the next 10 years. Just because they are called experts does not mean their predictions will always be accurate and come true. They like all of us, do not have a crystal ball and simply make predictions based on expectations or randomness.


By the way, invest by doing your own research and analysis instead of relying on other people's predictions and advice. Investing based on other people's predictions is a bad investment.

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August 22, 2025, 01:53:24 PM
 #158

So, you're saying don't take into account the view of one of Santoshi's original contributors, Adam Back - or the Director of U.S. Treasury, Harvard & Brown Universities, Blackrock & Fidelity global investment companies, numerous worldwide countries, numerous public and private companies. Really?

All of these are predicting that Bitcoin will have a higher price in the future.  I think all of their views are very worthy of taking into account when making an investment decision pertaining to Bitcoin.     

I wouldn't believe someone because they say an asset is going to be higher in the future, I will rather take their word for it and do more research about it to get my understanding with reference to what they said. Bitcoin price is definitely going to be bigger some day but taking another person word for it is like hopium because the journey isn't as rosy as they do say it just like how OP is saying we are going to hit $1m one day, it will be there one day but not as it's described.

If you are going to make Bitcoin investment, do it like you are doing it for long term, do it as a person that believes the price is going to go higher tomorrow, do it because you have seen how it has done in the past and don't do it with money you are going to need, this kind of hopium has made so many people buy Bitcoin funds that isn't theres, the experience isn't a good one in the end. If I tell you to buy Bitcoin that it's going to be fruitful, try as much as possible to do your research.

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August 24, 2025, 05:11:41 PM
 #159

BTC at 1 million is already inevitable but that expectation by at least some is already within the price now.  The fact that price exists in the future also partly explains the high price now and it can still be that the price now is overvalued perhaps because it will take some years to reach the final higher price.
   Money always has a cost over time because you could be using it for all sorts of alternatives instead.  Also the future date for pricing matters as the Dollar itself will have lost value perhaps as much as half again by that time, it should be an exaggeration to state such a high loss amount but it no longer is and this relates to such high targets in BTC also.

The US Dollar will lose value faster than you can imagine. It's already happening as we speak. This means Bitcoin will reach $1m in no time. Assuming Donald Trump's trade policies continue to sow distrust in the United States. The high tariffs + the potential removal of the current FED chair will lead towards a massive decline of the USD's value. It's good for Bitcoiners like myself, but bad for the rest of the people. Especially those living "paycheck to paycheck".

"Wall Street" has been purchasing a lot of BTC lately, so that will add more fuel to the fire. As long as demand for BTC stays high, prices will continue to rise. We'll see what happens in the long run.

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August 24, 2025, 05:23:35 PM
 #160

[...]
All of these are predicting that Bitcoin will have a higher price in the future.  I think all of their views are very worthy of taking into account when making an investment decision pertaining to Bitcoin.    

I wouldn't believe someone because they say an asset is going to be higher in the future, I will rather take their word for it and do more research about it to get my understanding with reference to what they said. Bitcoin price is definitely going to be bigger some day but taking another person word for it is like hopium because the journey isn't as rosy as they do say it just like how OP is saying we are going to hit $1m one day, it will be there one day but not as it's described.

If you are going to make Bitcoin investment, do it like you are doing it for long term, do it as a person that believes the price is going to go higher tomorrow, do it because you have seen how it has done in the past and don't do it with money you are going to need, this kind of hopium has made so many people buy Bitcoin funds that isn't theres, the experience isn't a good one in the end. If I tell you to buy Bitcoin that it's going to be fruitful, try as much as possible to do your research.

I also totally advise an extensive research before (any) investment. It can help also against FOMO and hopefully also against panic selling.
But imho if somebody also reads Adam Back's or others' analysis and predictions... it's actually part of the research. Not all of it, but already a step in the right direction.

"Wall Street" has been purchasing a lot of BTC lately, so that will add more fuel to the fire. As long as demand for BTC stays high, prices will continue to rise. We'll see what happens in the long run.

Right now we don't fully know Wall Street effect on the price, since we are anyway in the bull run phase and since they are so experienced traders I am sure they know how to buy huge amounts without making that as visible in the price as we'd like. We will know that in "crypto winter" (eg whether it will come, whether it will be softer than the previous ones...)



Imho 1M Bitcoin is not about if, it's about when. Most probably not in current cycle. But no biggie, 100k is already really cool if we look back. And 150k would not be a surprise. Bitcoin investment is a game of patience.

 
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