I have already believe in the realist school thought. And I don't like putting too much hope on something I have less power to control or influence. My take always is that bitcoins will be around 50000$ before or around June this year.
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Hmm, this analysis looks interesting and intriguing as well. The mere thought of a bitcion hitting the $1 million dollar mark sounds insane but I'm definitely sure all bitcoin investors would be seriously looking up to such outcome. Everybody would just become billionaire overnight.Currently expert says there’re 18.4 million bitcoin in circulation. 4million coins are being traded and 14.4million being hoarded. Bitcoin supply units is controlled and constant for 21million bitcoins. If the whole 21million bitcoin is already in circulation then we should be expecting a $1miilon dollars price tag on a bitcoin
Exactly. As long as this is concerned, there is no way for bitcoin to hit the mark of $1 million dollars. Even next year, I'm not sure if it's going to be possible as well. Right now, it's dangling between $30 to $40 up and down, so nothing is guaranteed at the moment.At the moment is not possible, but van be realistic in the future. The future can tell us better about where the price will be. They're have been lots of eye catching predictions laid around Bitcoin, not all will be achievable this year. But I strongly believe that time will answer all this queries.
That's true you said, nothing is guaranteed at this moment, when it comes to Bitcoin price. Since the value is still fluctuating around $30k to $40k. Let's just hope for now it gets to $50k from now to june this year.Exactly. As long as this is concerned, there is no way for bitcoin to hit the mark of $1 million dollars. Even next year, I'm not sure if it's going to be possible as well. Right now, it's dangling between $30 to $40 up and down, so nothing is guaranteed at the moment.
Are you serious with asking for it it to get to $50? Anyways, although anything is possible with the volatility of all Cryptocurrencies, you can never count anything off from happening. If bitcoin gets to $50 before the year runs half, it's definitely a good thing for investors in the digital currency.That's true you said, nothing is guaranteed at this moment, when it comes to Bitcoin price. Since the value is still fluctuating around $30k to $40k. Let's just hope for now it gets to $50k from now to june this year.
U meant $1000,000 actually! Which I think is possible, but by then probable crypto is the only currency by then and it as been accepted as a means of transaction at the international level and local i.e accepted ahh over the world.Bitcoin is getting progress day by day. And no doubt ,if the progress of Bitcoin will continue like this ,one day it will be un-reachable for an ordinary person.
Today it's price is 15k + approx ( 15,892.34$) this time while I am writing this post.
So do you think , Bitcoin will hit 1,000,00?
If Bitcoin hits that mark it's still possible to invest in it, you only just buy the amount of coin your money can buy and don't forget the higher it goes the more valuable little fraction of its coin will also be. I don't see this price happening soon though cos that's a lot of money there.Yeah, this is very possible. Bitcoin has performed a lot in this recent times and l hope if this continues for the rest of the year, it will be hitting that value maybe in the next seven to ten years time. And when that finally happened as you said, l don't an ordinary person can afford to invest in it as at that time.
While the value of one bitcoin hit highs of around $1,000 and ... Volatility is pretty common for cryptocurrencies.now this time bitcoin is still on rise.Bitcoin is getting progress day by day. And no doubt ,if the progress of Bitcoin will continue like this ,one day it will be un-reachable for an ordinary person.
Today it's price is 15k + approx ( 15,892.34$) this time while I am writing this post.
So do you think , Bitcoin will hit 1,000,00?
Time is changing and great things are happening in crypto. As you said, we just have to invest the amount of money we can afford to lose and watch what the crypto market have for us in return for our investment. But as for the price determination, it's in the hands of the whales to determine the price in the future.If Bitcoin hits that mark it's still possible to invest in it, you only just buy the amount of coin your money can buy and don't forget the higher it goes the more valuable little fraction of its coin will also be. I don't see this price happening soon though cos that's a lot of money there.
Sure, it will be a plus for those of us that invest heavily around Bitcoin. For me that is the maximum increase I'm expecting around Bitcoin, if it can reach that level in price value. I will cherish that amount, cos I still have some good amount of Bitcoin's stored in my wallet.Are you serious with asking for it it to get to $50? Anyways, although anything is possible with the volatility of all Cryptocurrencies, you can never count anything off from happening. If bitcoin gets to $50 before the year runs half, it's definitely a good thing for investors in the digital currency.
Definitely Bitcoin will be able to achieve the million dollar point in the future. I can not be sure when this will happen but I think that the recent price surge that we have seen now is a clear indication that there is so much potential to Bitcoin that has not been ventured into yet with regard to its potential, and the price is likely to increase even more as the halving events take place. As more companies become invested and the halving events take place demand will surge with a smaller supply and soon Bitcoin should reach this point.Bitcoin is getting progress day by day. And no doubt ,if the progress of Bitcoin will continue like this ,one day it will be un-reachable for an ordinary person.
Today it's price is 15k + approx ( 15,892.34$) this time while I am writing this post.
So do you think , Bitcoin will hit 1,000,00?