At the first halving on November 28, 2012, BTC/USD traded around $12. By the second, on July 9, 2016, it was $657. The third halving due in mid-2020 or in 644 days will see the block reward reduce from 12.5 BTC to 6.25 BTC, while Whats On Crypto suggests ongoing trends could see prices hit a giant $10 million by 2023-quoted by wilma woo.
These predictions are giving us hope about the future of bitcoin but we all know that bitcoin is know for its volatile and unstable characteristics. Do you think that the expert's predictions are possible or do you think that this are just a mere simple prediction.
I know that people want to be millionaires thanks to their investment in bitcoin, but they need to be realistic, if you want a price of 10 million per coin the only way to get that price is if the entire economy of the world is in chaos and 10 million no longer buy what it buys today, a price of 50k could be possible maybe a little higher, but a price of 10 million is completely impossible.