Post
Topic
Board Economics
Re: Do you still believe Bitcoin can reach $1M? Why or why not?
by
The Sceptical Chymist
on 19/08/2025, 01:38:38 UTC
We absolutely do not need another thread along the likes of "can bitcoin reach $X?" because they're just unnecessary and there have been so many of them over the years that they just turn into a nice little thread with an easy question that can't be answered wrong as the title, and that attracts shitposters like a neodymium magnet to iron filings.  My advice would be to lock it; OP, I'm guessing you don't care what anyone else has to say on this anyway.

But should anyone doubt that $1M, $2.5M, or whatever price level can be reached, all you have to do is be patient and pay attention to the market.  There's an enormous bull run happening in the crypto world, and it hasn't finished trampling the suckers, the weak-handed, and the bears.  I was a doubter when it was sub-$1k, and I thought there would have to be a global financial catastrophe before bitcoin got to, say $5k.

And yeah, the years just kept proving me wrong and hence I never made any money....but I'm not bitter, even though the noose has been installed nicely in my garage and is just waiting for another failure before I call it a fun ride but quit having anything to do with money altogether.

Psst:  Don't take that last sentence seriously (except about me never making money; that part is so damn true it brings salty bitch-tears to my eyes).