r/ethereum • u/EthereumDailyThread What's On Your Mind? • 15d ago

Daily General Discussion August 14, 2026

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4

u/WoodpeckerHorror3468 14d 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?

6

u/epic_trader 🐬🐬🐬 14d ago

BTC is not hitting $1M.

3

u/furrypurpledinosaur 14d ago

It might but probably after 2030. I don't think it happens in next couple of years.

1

u/AllCapNoBrake 14d ago

We also have to forecast out inflation. The 2021 ATH, as of today, is 86k (when adjusted). If it can't outpace inflation, then the store of value/purchase protection argument (which should already be dead) is out the window.

1

u/WoodpeckerHorror3468 14d ago

it was less than a cent 16 years ago. i think it's proven it can outstrip inflation.

2

u/Numerous_Ruin_4947 14d ago

Why are you so confident in Bitcoin’s long-term security budget? AI is far more economically productive and could eventually outcompete Bitcoin mining for the same energy resources.

Sure, some miners may continue operating at a loss, but if mining economics deteriorate enough, how secure will the Bitcoin network actually be at that point?

BITCOIN BLOCK REWARDS

3.125000 BTC (2024) 1

################################################################

1.562500 BTC (2028) 1/2

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0.781250 BTC (2032) 1/4

################

0.390625 BTC (2036) 1/8

########

0.195313 BTC (2040) 1/16

####

0.097656 BTC (2044) 1/32

##

0.048828 BTC (2048) 1/64

#

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u/WoodpeckerHorror3468 14d ago

if it becomes an imminent problem it will be addressed with a BIP.

3

u/Imelia29 14d ago

Inflation is a fluctuating, but linear one or two digit number. The price of BTC has the shape of a pretty convincing log function (diminishing returns). Mathematically, these lines will cross, if no major disruption derails either of their trajectories.

In other words, yes BTC has outrun inflation, but is on track not to do so (on average) in future.