Discussion on Recent Events

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I think we’re likely to peak out around $700,000 in 2029, but I also think we will break a million in 2033. If Bitcoin continues its rise we may really see a good savings option for people. Time preference would become the secret to getting wealthy. People would have to choose how much money they want and how young they want to have it.

No one thought that we'd experience a price surge of $120k as of 3-4 years back so it's quite conceivable that Bitcoin would peak to greater numbers in the coming years. Secondly, these are all speculations so there's a possibility that come 2030, Bitcoin hasnt hit the $1m mark as they put it or it could surpass it. If I were to predict Bitcoin price by 2029, it would be around $500-600k and this would be as a result of the post Bitcoin halving event that would have it's lingering effects. Just my opinion. This topic would suit better in the speculation board.

One thing about all this predictions is that anyone can just come up with what they feel about the market. They come up with some facts or events that has affected the market before and how they feel it’ll affect the market in the future if same thing happens again. What i continue to believe about bitcoin and have faith in is that, as long as the bull season comes and bitcoin attains an higher price greater than the ATH at the time before attaining it, that means Bitcoin will reach any price it’s predicted to reach and it’s just a matter of time before it attain those prices predicted. Because predictions are not accurate, we can’t be so sure it will reach those prices at the time it was predicted to reach.

There has been massive records of ETF inflow, there are certainly people and institutional players are buying BTC through ETF. Things take times and only smart money are positioning right now. After all majority of people considers expert's prediction as just another news, most people just shrug it off under the rug.

Most people shrug off the predictions of experts because they know bitcoin is unpredictable and we are all the same. No one can know what will happen and predictions are just predictions, it will happen or it won't happen. Like those experts or anyone who makes predictions that bitcoin will hit $1 million by 2030, do they have any credible evidence or data? Or are they just making random predictions? So there is no reason to believe in predictions that have no guarantees and anyone can make similar predictions. I think people who like to believe experts' predictions are because they always make high price predictions and as investors, everyone wants that to happen. But for realists, such predictions are meaningless and experts only attract the attention of the crowd by saying things that the crowd wants to hear.

I don't think you should disturb yourself or anybody about these inflated prices of Bitcoin, they are far from possibilities. Let's assume that Bitcoin doubles its price every 4-year cycle, it will still not reach such levels as stated. Besides, no one has been in the future of Bitcoin before, all these are fantastical imaginations of people, which should be disregarded as what would or might happen in the future of Bitcoin.

Passing a million seems likely before 2037 unless a fail in the protocol happens.

Your point is valid. Bitcoin’s price predictions especially the extreme ones are often more about attention than certainty. The truth is No one knows the future. Bitcoin is highly volatile and even experts can not predict with certainty where it will be in 2030.

I would say 1 million by 2030 is a big risk, and not really that easy. We should realize things aren't as easy as we seen them and we are over reacting to it at the moment. Sure we are seeing this to be a huge deal because we want it to be going up, but not always it goes up and sometimes it goes down. So 1 million isn't really a level that we can arrange at the moment and should not be too excited about it. I am not saying it won't happen, of course it may happen, but it is not going to be quick. So just hold it of course, because you will profit, even if it will be only half a million dollars, we would be profiting more than right now. Still, it is better than no profit, so hold, but do not expect 1 million to be a sure thing.

I wouldn't say it's a big risk, but a price that we couldn't imagine be top in just 2 years. And if my calculations is right, that could be a bear market cycle, and so with that, it's hard to see the price really pumping that hard to 7 digits or more. And it's really up to what will be the top price right now, because let's say we go and hit $200k, then it will be 5x of that? So can we go that big? I'm not doubting it, but let's just be honest and not just try exorbitant numbers out of thin air. And just like you, it might not be as quick as like in a blink of an eye. Maybe when he hit that 99% of Bitcoin has been mined, then maybe the price is gradually going to increased and top that number that we can only image today.

Likely but I'm believing that it might be just half of it. $500k I guess. But that prediction, I've already heard of it before. The first one that I've heard was from John McAfee and he's gonna eat his tool if it didn't happen. RIP to him. I don't see anything Bitcoin hitting $1M as a big risk to take. Instead, that's a goal that we're also trying to witness and the big risk goes only for those people that are too late to buy when that happens.

That will be big if we are going to hit $700k in the next halving, it's just a question on where is the money coming from? Should we still continue to see big companies and wealthy people going to invest on us heavily and if so then maybe we can get to that price? Or are we going to see another untap market that is willing to invest? And what industry will it be? And as others have said, it's really possible, just like when early adopters didn't know that when they bought Bitcoin that it will reach 6 digits in the future. Some of them hold, some of them sell early and regrets. Hopefully for us, we will be in the former, as we continue to buy and HODL and then wait for this day to finally come and see what it feels to have 1 BTC = $1 million.

Agreed, people are really overreacting and being a bit overly optimistic. It seems that people either do not understand or are deliberately not understanding what these numbers mean. For bitcoin to hit $1 million we would need $21 trillion, and I wonder where we will get that money in the next 5 years. There are only 5 months left in the year and that means another cycle is coming to an end, and if we look at the peak of the previous cycle, we haven't even reached doubling growth yet. So how can we grow 8x in the next 5 years? Bitcoin will hit $1 million, but for me, it won't happen in this decade or the next.

The years that's stated here is a bit far to no the prices but however this prediction you listed was actually going well from the first person that predicted since is something that's seen to the possibility of happening and another one I also recognized is the second prediction because is also similar to the first prediction but from the third is were that has so much jumping in Bitcoin price because it was predicted twice the number two prediction when it was just two years difference, the fourth prediction is also another one that is too much because it correlates with those that was saying Bitcoin will be in a $1 million five years from now.

I can also predict the same way they are doing, the only difference here is what rate we are both making on our various prediction, there may not be exact accuracy in some of these predictions, but its of no doubt that the market will always be of an increasing order from time to time, after this halving and the more subsequent ones coming, but as always expected, we should ensure of doing our own research before anything.

What apparatuses did they used to track these prices to be assumed accurate to start with? Never be convinced about how they tend to analysis these prices because Bitcoin price can never be predicable in a short term talk more of the long term from 2025-2040. And worse confusion about these analysts is that... You call them experts but their speculations are not tallying to be the same which means there sources of analysing the price is practically unreliable. So which do you have to believe? Just be optimistic that the price of Bitcoin will always increase in the long term while volatility of price fluctuations changes over time.

From time to time the price of Bitcoin continues to increase, if even then it is not much from 2009 to 2025 Bitcoin is still in a promising situation, whether it's from the results Speculation or results that have never been known, the fact we can see Bitcoin has the best hope at this time in the world of crypto. For that I think speculation at this time and until 2040 can penetrate prices far from estimates, it can be believed to be based on the mining process ending will certainly experience The increase in juah from the current price, certainly I do not dare to speculate the price of $1 million per piece, which is essentially increasing from the current price.

Can image links be uploaded on Talkimg? I can't see the image link. Just guessing... There are no accurate or fair predictions; it's all speculation, and what the experts say about the future of Bitcoin can be considered quite wild. Whether you believe it or not, it doesn't matter... the more you think about it, the more the price will rise.

I would say it is only 'weather, weather', you know, weather is changing and so as their predictions. Sometimes it so far from our expectations but sometimes it is more realistic. As for now, they are on the realistic side  but people will still need to wait for the result before they act? Maybe that gives them a motivation but that can also give them a regret because they miss a good opportunity, although I think some are still motivated whatever price prediction they see on the experts because they are 'experts' anyway. I agree when you include BTC ETF, as most who invest there are traditional investors and they hard to believe BTC if the encouragement only come from a normal individual.