Post
Topic
Board Bitcoin Discussion
Re: Bitcoin - Is $1,000,000 possible?
by
BlackHatCoiner
on 10/01/2022, 21:11:20 UTC
Is this possible? If so how likely is it to happen and how far down the line are we talking? 2025? 2030?
If you measure the yield return of bitcoin since the first halving which happened in 2013, you'll see that on average, it's getting 180% greater every year. That's more than thrice and a little less than four times. However, I've bolded that part for a reason: There's no evidence it will continue behaving like that in the market, but averagely it's considered safe in my opinion.

Also, long term, long term, long term!

yes the price can be $10 for 1 sat ($1b per btc), but fee's even worse to move coin
Lightni- <Cough, cough>