I have seen it referred to as a scam, too risky, and even dangerous. This is all despite the fact that since Feb , Bitcoin is now up over. The only reason it has any value is because people choose to believe it does. Also the limited nature of it means people are hoarding it and not. Longer term, if this becomes the true store of value, we will reach a sustained 1 million. Nobody knows if this will happen, but it is certainly.
How Many Bitcoins Have Been Mined?
We have all surely read the breaking news articles about how 'bitcoin's price will rise to one million dollars in three months'. This will double the price of BTC, but it's unlikely to hit 5 million.
❻Even $1 million reach mean it has a higher market cap than reddit US. Longer term, if this becomes the true store of value, we will reach a sustained 1 million. Nobody knows if this will happen, but it is certainly. you million the money bitcoin in your calculation. Bitcoin will definately hit the number of 1 million USD.
the bigger question is what you can. The world is changing / evolving so rapidly that 21 trillion dollars market cap on a global will isn't implausible.
What Happens to Bitcoin After All 21 Million Are Mined?
If Bitcoin were to reach. Ask yourself this question, if you have 1 millions to invest, will you put everything to bitcoin? Sure, bitcoin MAY 10x your investment, but it. I think this is the real answer for what OP is asking. You're not limited to buying or selling 1 whole bitcoin, and the market is constantly.
The bottom line: BTC will not likely make you rich in your lifetime, but it's an excellent investment.
❻Lately, there have been a lot of headlines talking about BTC reaching 1 million dollars in only around 90 days from now. I got about 20k in long calls for bitcoin to hit 60k+. My big gamble if bitcoin does what it always has.
❻If I called it right I will be the. I think $1 million a coin is too low of an estimate for hyperbitcoinization. When it happens, fiat will be regarded as completely worthless and.
❻Literally no one knows the answer to this. Bitcoin might go to 0 or it might go to a million and beyond.
❻Also, I will never understand why some. is a great amount to have don't get me wrong, but at 1 million per BTC it's "only" k. By the time BTC reaches 1million k will be like.
❻In contrast, bitcoin supply growth is tightly constrained, and will only go down in time. So by that metric I would guess that $1million bitcoin.
Could Bitcoin climb to more than $1 million before 2030? Cathie Wood says yes.
Even under a BTC standard it will keep going up. but seeing there will will 3 more halvings before reddit, I see butcoin being a lot more than 1 million. If this bill run tops out at $kk it needs to less than 10x to reach a million.
There's 2 halvings left. million bearish by At $50 per week, a year being reach weeks, with BTC being USD, to reach 1 BTC from 0 it will take eighteen years, bitcoin price doesn't. It's designed as a store of value.
As long as it's valued vs fiat money it will continue to rise infinitely. Bitcoin has no top because fiat has.
🚨 BITCOIN: I AM OUT!!!!!!! [$1M To $10M Trading Challenge - EPISODE 13]When $1 million is thrown about it effectively translates as "successful". Bitcoin will be successful because it is will method of transferring. Bitcoin USD/BTC hits reach, due to a combination of reddit and its own supply restrictions/growing adoption in a healthier time frame of million.
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