Post
Topic
Board Bitcoin Discussion
Re: 1 Million Enough?
by
Smack That Ace
on 17/07/2025, 02:36:58 UTC


Many even believe that in the next 10-15 years, bitcoin will surpass the market capitalization of gold. They even believe it could increase x10-x100 in the future. Are you underestimating bitcoin's potential by not believing it will hit $500k in the next 10 years?  Grin Grin Grin.
I like to be realistic than being emotional, many will continue to say the possible and the impossible, and they often like to react based on what Bitcoin is doing. Well, it is practical, almost 10 trillion dollars would be needed to get to $500k. Is that a joke?

I will continue to support Bitcoin the way I can and buy more when it dips significantly again. But I will not be a blind investor at the same time, especially those who mislead people.

Admittedly, bitcoin reaching over $2 trillion in 16 years is an admirable record as no other asset has done that. But that doesn't mean it will easily reach $5 trillion or $10 trillion, let alone be able to compare or surpass gold.

Many people don't seem to understand the value of numbers and they just think that going from $100k to $1 million is similar to bitcoin going from $10 to $100. They only look at the price and forget that bitcoin's market capitalization is also a factor to consider.
I am really confused that there are still many people who believe that bitcoin can increase in price 10x or 100x in the next decade.