Re: Do you still believe Bitcoin can reach $1M? Why or why not?
I think it can due to high demand increasing everyday, but in the other hand topics like WW3 and supercomputer, or just lack of interest can maybe take the price down. I don't personally see it how it can go to 0 in 1 day like some people fear, I beleive in it's security but what are some threats even if they are theory that could take it down, how would the gonverment attack it?
Who is going to attack it, the government that is in the pocket of Blackrock the institution that is making the most money off of this adventure? The times of large government attacks on Bitcoin are slowly passing. It is more likely that governments will contribute in silence to improve the robustness of Bitcoin. I have a gambling mind... I didn't know how else to do it so I asked AI to calculate the odds of Bitcoin hitting $1 million one day. Here are the results:
So there are chances, and pretty good ones if you ask me. And since I have some money in Bitcoins, I guess I can say I believe Bitcoin can reach $1 million one day.
All of us who own even a fraction of Bitcoin believe in that... more or less. And it's like all of us are betting that one day the price will reach $1 million.
Those chances are quite pessimistic and unrealistic. Once you understand that we are already in a hyper inflating world, you will understand that there is no price cap that Bitcoin can have. $1m will feel boring, like $100k feels now. Quote
Next 5 years: ~5–10%
Next 10–15 years: ~20–30%
Long-term (20+ years): ~40–50%
Next 10–15 years: ~20–30%
Long-term (20+ years): ~40–50%
So there are chances, and pretty good ones if you ask me. And since I have some money in Bitcoins, I guess I can say I believe Bitcoin can reach $1 million one day.
All of us who own even a fraction of Bitcoin believe in that... more or less. And it's like all of us are betting that one day the price will reach $1 million.
