Post
Topic
Board Speculation
Re: I'm curious about your thoughts on when Bitcoin might hit $1,000,000
by
Don Pedro Dinero
on 09/04/2024, 13:30:17 UTC

The link is broken, it says 'page not found'.

But going to what you're asking, I believe, and it's most likely, that that will happen in the 2030s. Any sooner is almost impossible, it would have to go up too much in too short a time and it takes a lot of money to move such a high market cap.

Later, i.e. in 2040 or later, I would see it too slow, and disappointing, especially if we take inflation into account.

From current levels, if we assume a minimum of 2.5x and a maximum of 4x per cycle, it is normal for the price to reach 1 million in about 8 to 10 years.