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?
Why do I feel like we ask unnecessary questions, to me this is a rhetorical question, something that doesn't have an answer. If you check Coingecko or coin market cap, Bitcoin moves from $1k to $120k, that's 120x on individual Bitcoin and the reason is the same thing we discussed here which is going to make it go to bigger price, I can't give precise price but the prices are going to be higher and only if you hold is how you are going to see the importance.
You see this speculation of $1m and all that, it's not really necessary. It's just unnecessary things look upto. I don't see it as bad things but expecting it might disappoint you than you think. Buy what you can afford if you want and watch the price do what it does most of the time. The discussion we are supposed to be making isn't all this speculation if price, we need to focus on adoption, how Bitcoin is going to become a legal tender instead of this that doesn't add any value to Bitcoin price.