Can Bitcoin Hit $1 Million Soon or Not?

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HumbleGuruFull Member
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#1Dec 2, 2024, 07:00 PM
Bitcoin's sitting at around $100k right now. Demand seems to be surging. So, are we really thinking it could hit a million dollars soon? Is that even realistic?
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farm_atlasSenior Member
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#2Dec 3, 2024, 12:36 AM
Just saw Bitcoin at $110k. Feels like a wild ride ahead. Can it really touch a million? Thoughts?
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seed_2013Senior Member
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#3Dec 3, 2024, 04:25 AM
Okay, so let’s break it down. There are only 21 million Bitcoins out there, and 4 million are already locked away. If we say 1 BTC equals $1 million, that puts the market cap at 21 quadrillion dollars. To put that in perspective, the world’s total wealth is about 500 trillion. So, a million per Bitcoin? Not likely.
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nova42Newbie
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#4Dec 4, 2024, 09:02 PM
Dude, you’re talking weeks for a million, but your post seems to leap to years. What’s going on with that? Balaji Srinivasan said Bitcoin would hit a million in 90 days still waiting on that.
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#5Dec 5, 2024, 02:14 AM
True, but if we see some serious hyperinflation, maybe we could see wild prices. But as it stands, with inflation creeping around 7 to 10 percent, Bitcoin could surge after the halving in 2032.
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kevin1337Hero Member
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#6Dec 7, 2024, 12:16 AM
Wait, it’s million we’re discussing here, not billion. If Bitcoin skyrockets to a million soon, that’s only feasible in a hyperinflation scenario, and honestly, I don’t wanna live in that kind of chaos.
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shard_2013Full Member
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#7Dec 7, 2024, 02:22 AM
You’re all over the place. Why not tighten up your post? Your title says one million, but then you’re mentioning a billion. Not cool.
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0xSatNewbie
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#8Dec 8, 2024, 07:47 AM
So, which price are we talking? Your title says million, but your content jumps to billion. Bitcoin hitting a million? Sure, but it might be a 15-year journey. Billion? That could take centuries.
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#9Dec 8, 2024, 09:21 AM
What? Zero chance Bitcoin hits a million this year. Like, none. Are you sure you’re not a bot, ‘cause that’s a crazy jump.
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0xHodlerMember
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#10Dec 8, 2024, 11:35 AM
It’s a 10x increase. 100k took 15 years to get here with ups and downs. Expecting a million soon? Total exaggeration, even though I’d love that to happen.
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0xHashMember
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#11Dec 8, 2024, 04:25 PM
Bitcoin just dropped to around $109k, and I’m watching the market. Sure seems like a bear trend, but it’ll bounce back. Hitting a million is a goal worth aiming for, but the future is unpredictable.
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#12Dec 8, 2024, 05:40 PM
Currently, Bitcoin’s around $112k, and we hit an all-time high of $124k once. I’m thinking by year’s end, we might see it peak at $150k or $200k, but a million? Maybe after some halvings down the line.
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#13Dec 10, 2024, 02:33 PM
If every country adopted Bitcoin heavily, then sure, we might see a million. But that’s a big if. Speculation is one thing, but reality’s tougher.
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#14Dec 12, 2024, 06:40 AM
You should fix your title. If you meant years, say it. Saying Bitcoin reaches a million in weeks is just insane. Sounds more believable in a decade or so.
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#15Dec 13, 2024, 10:56 AM
Sure, anything's possible, but in the coming weeks? Nah, that’s a long shot. Why expect a sudden 10x increase? We’re not in 2012 anymore.
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coldshardMember
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#16Dec 13, 2024, 05:00 PM
People didn’t think Bitcoin could reach this height back at the start. If we get enough investor interest, reaching your price point is possible, just gotta give it time.
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0xHashMember
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#17Dec 13, 2024, 06:42 PM
Never in my wildest dreams did I think Bitcoin would explode like this. From a buck to over 100k in a decade? So maybe in the next ten years, we’ll see $500k to $1 million. Billion seems way off unless serious money printing happens.
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maxoracleMember
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#18Dec 15, 2024, 09:12 PM
No way it hits a million soon. The guy’s just dreaming. But yeah, it'll eventually get there. Just not anytime soon.
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tom.pixelHero Member
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#19Dec 17, 2024, 07:01 AM
Definitely not in weeks, your title is off. But maybe in a few years? If we’re talking 10-15 years, there’s real potential if Bitcoin gets mainstream acceptance.
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#20Dec 17, 2024, 11:08 AM
All these million/billion talks are just speculation. We’re only guessing based on feelings and analytics. With Bitcoin’s history, a gradual climb is way more likely.
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