Post
Topic
Board Speculation
Re: Bitcoin 1 mln $ possible?
by
genset88
on 11/07/2018, 09:06:28 UTC
Hey guys, do you think bitcoin can reach 1 million $ until 2020? If so, everyone who hold crypto will become a rich person, that’s nice!

Bitcoin prices will rise dramatically. But 1m$ is the impossible goal. 10000%? No way. Although bitcoin is very potential, but this is unrealistic.

If the BTC reaches $ 1 million until 2020, then all BTC holder will become very rich. I think it will not happen and not possible. And if it happens then BTC transactions will be the most expensive transaction in the history of the currency. Because the transaction fee is 0.005 BTC which is $ 5k. Wow Grin Cheesy. For me, BTC price reaches $ 1 million in 2020 is too optimistic even close to fantasize.  Cheesy

Haha you're right. If the fees are too high, cryptocurrency will no longer be the ideal for people to exchange and trade. And that's not bright future of crypto.