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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
