Post
Topic
Board Economics
Re: Do you still believe Bitcoin can reach $1M? Why or why not?
by
bitzizzix
on 11/08/2025, 18:14:58 UTC
From the positivity corner yes Bitcoin will wax strong and skyrocket it just takes a matter of time and patience. We are aware of the current price trends reaching up to $120k so then a $1M is possible. Overtime we've seen and heard of the setbacks accompany Bitcoin rising phase but it hasn't changed the fact that it's leading towards more adoption and thus the reason it would be spectacular getting to that very price.

Bitcoin started its journey with zero dollar and in 15 years it's price managed to reach 120k$. Next inline is 150k$, which is now almost certain. There are not many such examples in human history where price of an asset has gone up so much in short duration. Moreover the big institutes are now also taking interest in Bitcoin and with time the number of big institutes taking interest in Bitcoin will increase. I can't predict the date but the price of Bitcoin will surly make it to 1M one day.   
Of course, if we look at Bitcoin's track record, its growth and development, especially in terms of adoption, have steadily increased over time, which could allow Bitcoin to reach $1 million in the future.

However, I'm not holding out hope, because even if Bitcoin reaches that point, I'm likely no longer around. And as we've seen, it took Bitcoin 15 years to reach $120,000, so how many more years will it take to reach $1 million? And even if it's faster, I don't really care because I just want to take advantage of Bitcoin, regardless of its peak price, while I still have it and it's still there for me to enjoy with my family and pass it on to them, telling them that Bitcoin will reach $1 million in the long run.