Quote from: HONDACD125 on May 19, 2025, 10:36:49 AM

Even though I agree that Bitcoin has the potential to reach extreme heights, there are certain things we need to understand. The very first thing that we should realize is that an asset will need relatively more time to grow once it becomes more valuable and has a higher market cap. For example, for a coin or token to reach $1 when it's priced at $0.2, it wouldn't need that much investment for it to cross that target because it wouldn't have a very high market cap, so if some people invest in it, it will pump quickly.

On the contrary, for a coin that is already worth $100k and has a market cap of over $1 trillion, it's not going to be easy for it to even go to $200k, and we are talking about $1m here.

That's why, even if it's possible for Bitcoin to have that value one day, it's not going to be so soon, in my opinion, and we can't even be sure if we are going to live to see that even if it happens. Maybe our children or grand children will experience that.

In the same vein, bitcoin could hit $1 million but it will certainly take a long time to get there and probably won't happen in the next few decades, let alone the next 5 or 10 years.

One thing I see is that many just look at the price of bitcoin and make predictions, they never look at its market cap and think about how much money it would take for bitcoin to reach $200k or $1 million. If they look at that and realize that we're talking about trillions of dollars, not just a few million dollars. They will see that for bitcoin to go from $100k to $1 million is not the same as for bitcoin to go from $10 to $100 or $1,000.