This thread is going to end up so long then because its not near term.   We'll be very lucky if the year starts with a 2 not a 3, I mean decade of course    Its a bit ambitious and yet its totally correct to check off the possibility and aim so you are never surprised by the actual prospect.
   Too many assumptions were made about BTC early on in terms of its longevity, its ability to gain and generally how the race of dollar vs Bitcoin might go and all the arguments lacked the proper foresight bar those with genuine depth to their understanding which is fair enough.  So lets avoid that mistake and track the most positive scenario as quite possible and just how might that happen.

  Right now I dont think BTC has to be dominant, just more used then presently would be very good & growing at a similar pace; that will with time, people and power end up in 100k destination in all probability.

In the OP I have given two examples of people who think that figure can be reached next year. And for Adam Back to say so, I think it carries some weight. If it is as they predict, it would be a supply shock due to high demand from the USA and other states and institutions, which would push the price up very quickly.


We can reach that price in January.

I so much believe in the potential of bitcoin and the fact that it got to 100k shows that the possibility of going to $1m is much more of a reality but one thing I'll always let people know is that it would take a while before it gets to that mark, it's not something that would likely occur in the next one or two circles, it could take a decade but it won't happen very shortly or during the next bull run as some ignorant people are expecting. Even some top holders who believe in the possibility of bitcoin getting to that mark are not even anticipating it sooner but getting prepared for it by buying and holding for long-term. Some people are yet to buy Bicton at this point when it's very cheaper,  I wonder what such people would be doing when bitcoin finally gets to $1m in future, they'll definitely regret.

That's the thing about bitcoin, we see these type of topics and at first it looks silly, but then it becomes a reality eventually. You think, people who first saw bitcoin at under 1 dollar would believe that it would reach 100 dollars? There are famous videos where people are shocked to see bitcoin at 100 dollars, that was a crazy thought then, how about 1k? How about 10k? I was here on the time when it reached 1k and nobody was believing it and we were all shocked about it.

So believe me, when 100k happened, it was obvious that a million would too. Not saying that it would be simple or anything, of course it will take time and of course it won't be easy but it is going to happen and we are going to see it happen.

The fact that Bitcoin is dancing around the monumental level of 100 thousand is a tactic, a short-term scenario and a fast-moving event. And the long-term perspective is striving for a million(s), I am sure of it. Of course, this will take years. But to believe that Bitcoin will cost 1 million, now, when we are already so high, is much easier for me personally than it was in 2016-2017 to believe that Bitcoin will ever be even 50 thousand

I have found another person who makes the $1M prediction for bitcoin. In this case it is Cathie Wood, who is not my cup of tea, as she rose to fame by making a huge return for her fund in a very short time to become the biggest wealth destroyer in recent years.

But she still has some influence in the crypto world, so here we go:

Cathie Wood Just Doubled Down on Her $1 Million Price Forecast for Bitcoin. Is She Right?

If the market cap of Gold were to remain static yes, as at the moment the market cap of Gold is $17.971 T while that of Bitcoin is $1.849 T.


I agree, and, if we think about it, the market cap of silver, which was for a long time in the past a currency, a medium of exchange, and for which wars were fought and continents were explored, has already passed.


I became more pessimistic last cycle but seeing how this one looks I think we will get to $1M in much less than those ten years.

Yes of course Bitcoin will get to one million dollars. Heck if you play out inflation over a couple centuries, assuming the dollar still exists by then, bitcoin will be worth billions of dollars, of course that will mostly be from the dollar's drop in value.

I think in today's dollars, one bitcoin can get up to several million dollars worth, maybe $3-$4 million, something like that, by end of the century once it is fully normalized and accepted in society as the world's store of value and the alternate daily usable currency for the world.

Of course even by the time it reaches that level of full adoption, thanks to dollar inflation bitcoin will be worth tens of millions in the dollars of that future day.

Point is, $1 million is not some sort of dream end goal for the price, it's just another arbitrary price benchmark that Bitcoin will reach on it's way to global adoption in the coming decades.

I think we'll see $1 million within 20 years, possibly even before 2040 if national reserves and corporate adoption of bitcoin really progress over the next 10 years, as just those two things alone would not only help normalize Bitcoin for society and make a lot more people start to feel like saving with bitcoin is not some outlandish risky concept, but also those two sources alone could eat up like 10% of the total supply in that timeframe.

I wouldn't be surprised to see $2 million or $3 million hit by 2050.

You are giving 5 more year to Bitcoin to reach 1 million USD  mark and I think it's a fair call. If we have few big global events that are favouring  Bitcoin then there is strong possibility that Bitcoin will cover that gap in next five years. Even if Bitcoin is not 1 million USD by 2023, you can still have fun with price of Bitcoin that will be relatively close to 1 million USD in 2030.

Everyone must take good care of his health to have fun with Bitcoin price in 2030 and beyond.