i think its more a "when will the dollar collapse to $1M per BTC" question
As soon as the Democrats steal the next election.
You think that's enough to a Bitcoin equal to $1m ? Well, I don't know the correlation, maybe a weekend dollar will be a stronger Bitcoin. It is actually possible that investors might look the way of Bitcoin as a hedge against the dollar.
Even though a weakening dollar may well end up contributing to bitcoin getting to $1million faster, it seems safer to be making predictions in terms of today's dollars, and yeah, it ends up screwing up some of your later predictions, so for example, if the dollar is normally cut in half every 10 years, but such cutting in half is accelerated, then it may well ONLY be worth 10-20% of its current value in 10 years, so an evaluation of $1 million is only worth $100k to $200k in today's dollars.. .. which is more bullish for the BTC price, but we should still be careful in terms of determining how we are thinking about reaching our own entry-level fuck you status.., and how much BTC and/or anything else that we might need to be invested into based on such calculation attempts..
Happy you understood my point with the numerous typo errors which I have now corrected. One thing that is certain is that the dollar will always have inflation to contend with and that is to the advantage of Bitcoin.
Personally, I have not been able to place an exact future price on Bitcoin as I feel that is somehow unnecessary. Rather I work with the mindset that Bitcoin will continue to appreciate in value over a time range like couple of years... this alone is enough motivation for me to buy and hold.
So part of the question for anyone investing into bitcoin as compared with placing their value (their discretionary income) in some other place, is that they have to determine the extent to which bitcoin may well out perform some other assets, or at least to be reasonably competitive in terms of where to put my value over the period of time that I want to try to preserve (and perhaps grow) such value.
Maybe we just need to be directionally correct, and surely some people do not even have a whole lot of options.. maybe they only have dollars and cash, and sure they can get involved in shitcoins because those do not seem to have many barriers to entry, but it does not mean that it is a good idea merely because it is available as an option.
It seems to me that one of the better things is just to think in terms of yourself in terms of how much you are willing, ready and able to allocate to bitcoin, and then build that over time, and hopefully your investment will end up giving you more options in the future as compared to other options that you might have had available to you... and surely it is not necessarily an all or nothing play and surely along the way you could make withdrawals of some of the value that you had put into bitcoin, but you still might want to consider how much to withdraw and what are your purposes in withdrawing in terms of if you believe that you have built a large enough stash in order to transition into a stage in which you feel that you are able to start withdrawing some of it from time to time.
You surely do not need to cross the future bridge in the present, since you are going to have to see how it plays out, and at the same time, it does not hurt to consider various possible outcomes in order to be able to be prepared to cross certain bridges when the time comes, even if you might currently be in more of an accumulation stage rather than a later maintenance stage and then an even later liquidation stage... and surely there are transitions between those three stages that are not going to be the same for everyone who builds up his/her bitcoin portfolio in order to have the options in the first place.
