{"id":92628,"date":"2025-08-31T06:00:15","date_gmt":"2025-08-31T06:00:15","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=92628"},"modified":"2025-08-31T06:00:15","modified_gmt":"2025-08-31T06:00:15","slug":"bitcoin-at-10-million-adviser-says-doubters-still-wont-believe-it","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=92628","title":{"rendered":"Bitcoin At $10 Million? Adviser Says Doubters Still Won\u2019t Believe It"},"content":{"rendered":"

Bitcoin\u2019s rally and its doubters remain on a collision course as the market pauses after a run of record highs.<\/p>\n

According to CoinGecko, Bitcoin<\/a> hit $124,050 on July 14 and was trading around $109,124 at the time of publication. The pullback has not stopped some voices from projecting far higher prices, but it has kept sceptics loud.<\/p>\n

Skepticism Will Likely Persist<\/h2>\n

According to Luke Broyles, a commentator known as The Bitcoin Adviser, doubt about bitcoin\u2019s upside<\/a> will probably stick around even if prices soar.<\/p>\n

Broyles told Natalie Brunell on the Coin Stories podcast that he expects bitcoin to reach $5 million, $10 million or more, and that people will still insist it can\u2019t go any higher.<\/p>\n

He said this is not just a market problem. It is a mindset problem.<\/p>\n

Psychology Trumps Tech For Many People<\/h2>\n

Broyles argued that most people have not yet connected bitcoin to things that change daily life. \u201cI think it\u2019s going to be that way for a very long time,\u201d he said.<\/p>\n

Adoption, he suggested, will advance faster when bitcoin is tied to familiar financial decisions rather than presented as a small, optional investment to chip away at over months.<\/p>\n

That, he said, is what will convince larger groups of people to take it seriously.<\/p>\n

Real Estate Integration Could Drive Adoption<\/p>\n

Broyles offered a practical example. He asked whether it would be easier to persuade someone to buy small amounts of bitcoin for 200 months, or to tell them they could refinance a home and convert some equity into bitcoin.<\/p>\n

He said the latter would \u201cblow people\u2019s minds.\u201d Reports have disclosed that blending bitcoin with mortgage and loan products could make the asset feel more useful, not just speculative.<\/p>\n

A Wide Gap In Understanding Remains<\/p>\n

According to an August 2024 survey by Australian exchange Swyftx<\/a>, over 40% of nearly 2,230 respondents said they had not used crypto because they were not sure about it.<\/p>\n

That finding underscores a persistent gap between market moves and mainstream comfort. Price records are visible and headline-grabbing. Practical familiarity is slower to arrive.<\/p>\n

Skeptics Reappear At Every Milestone<\/p>\n

History shows critics have questioned Bitcoin at each new high and during every correction. At times when prices tumbled, some commentators said it was over for good.<\/p>\n

Those views faded when the market recovered. That pattern has been repeated many times and was noted again in recent comments from market watchers.<\/p>\n

Featured image from Unsplash, chart from TradingView<\/em><\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s rally and its doubters remain on a collision course as the market pauses after a run of record highs. According to CoinGecko, Bitcoin hit $124,050 on July 14 and was trading around $109,124 at the time of publication. The pullback has not stopped some voices from projecting far higher prices, but it has kept […]<\/p>\n","protected":false},"author":0,"featured_media":92629,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-92628","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/92628"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=92628"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/92628\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/92629"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=92628"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=92628"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=92628"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}