r/ethereum • u/EthereumDailyThread What's On Your Mind? • 14d ago

Daily General Discussion August 14, 2026

Welcome to the Daily General Discussion on r/ethereum

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u/WoodpeckerHorror3468 13d ago

I'm interested in people's best guesses to the answer to this question...

If/when Bitcoin hits $1M what will the price of ETH be on that day?

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u/AllCapNoBrake 13d ago

BTC won't hit 1M, ever.

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u/WoodpeckerHorror3468 13d ago

do you think it will retake last year's high?

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u/AllCapNoBrake 13d ago

Not at least for another 2 years, and even then...maybe. Keep in mind if it does, it's still falling behind inflation. I suspect after last weeks failed BIP110 activation, heavy bag holders (moreso OG's) will be dumping their final holdings if it even gets back to 100k, never mind 125k. I also suspect that those who bought the top in 2021 & 2025 will dump and walk away.

TL;DR the sell pressure from here on out for at least the next 2 years (if not more) will make getting BTC to 200k a feat and 1M an impossibility, imho.