Could Bitcoin’s Price Reach $1,000,000? (ARK Invest)

[The_Krakenite]

If you're bored, and just want to see Cathie's current soap-box for over an hour:

Though, technically it's not HER saying the 1 MM ...


Let's see... 90 days.... Going to come back here in three months. If the western world is still alive--

 

[newwurldmn]

Someone predicted it so it’s considered a fact by crypto bros.

 

[GlobalMacro90]

I think bitcoin is a big deal but I don’t understand this bullshit. Like how about we get back to 50% of all time highs before talking 100,000 (let alone 1,000,000)

this is stupid.

 

[taojaxx]

Wrote an article back in December as how this could happen. Not sure about 90 days though lol...

https://seekingalpha.com/article/4562097-million-dollar-bitcoin-here-is-how-it-can-happen

 

[semperfrosty]

I think bitcoin is a big deal but I don’t understand this bullshit. Like how about we get back to 50% of all time highs before talking 100,000 (let alone 1,000,000)

this is stupid.

Cant find it now but there was a good post or article showing what BTC would have to achieve month on month to hit some of the forecasts(this was before the recent 1mm prediction).

Some pretty astronomical numbers.

The other side of the coin is a capped 23 million unit supply to service a growing user/investor base.Scarcity basically.

I watch with interest.

Its been great to be a part of and has opened my mind to many different aspects of the investing world and the world in general.

 

[Ed48]

I don't know what the US, and other governments/central banks around the world, could do to stop BTC but somewhere along this trajectory you can bet your bottom dollar they'd try.

Price of BTC.....Market Cap
$25k.......................$0.5tn
$100k....................$2tn
$250k................... $5tn
$500k....................$10tn
$1m........................$20tn

 

[semperfrosty]

I don't know what the US, and other governments/central banks around the world, could do to stop BTC but somewhere along this trajectory you can bet your bottom dollar they'd try.

Price of BTC.....Market Cap
$25k.......................$0.5tn
$100k....................$2tn
$250k................... $5tn
$500k....................$10tn
$1m........................$20tn

Gold is 12 I think?From a previous post.

 

[Tokenz]

I think by the time Bitcoin reaches a million we probablyl won't be able to spend it on anything since the dollar will become completely worthless

Gold is 12 I think?From a previous post.

Gold is putting in a nice 'Cup and handle' formation, and it seems that Bitcoin is following gold. Exciting times we are in!

 

[semperfrosty]

I think by the time Bitcoin reaches a million we probablyl won't be able to spend it on anything since the dollar will become completely worthless



Gold is putting in a nice 'Cup and handle' formation, and it seems that Bitcoin is following gold. Exciting times we are in!

LFG Toke!

 

[GotherL]

I think bitcoin is a big deal but I don’t understand this bullshit. Like how about we get back to 50% of all time highs before talking 100,000 (let alone 1,000,000)

this is stupid.

Nobody would be buying above 50,000 if it ever even reaches there again. It's complete bs!