Bitcoin Longterm Price Target - page 4.

iv4n

legendary

Activity: 3164

Merit: 1175

Quote from: AnonBitCoiner on August 22, 2022, 01:04:26 PM

Very hard to Guess price of BTC for long-term. Btc all time high is 69k which was happen in 10 Nov 2021 and now it's trading at price 21k. Most of people are now choosing online earning and from whole earning method like Marketing,stock exchange,YouTube , crypto trading I think Crypto trading is very easy and safe. We will see 30% of world to adopt BTC . For long term I guess that BTC will reach 300k . It's not looking easy but it's will happen.

It's hard to predict the price of many coins for long-term, not just BTC! But I think we can be sure in some coins, and the more time we give them the higher they will grow! Long-term is not next year or the year after, it's 5-10 years minimum! And just look what Bitcoin did in the first 10 years, does anyone think that this crypto growth will stop!?

I was here when people didn't believe in $1k! Ethereum was considered a scam by many people when it was under a dollar... and where are they now? I guess we have many similar examples in crypto, and only logical conclusion is that the crypto space will continue to grow!

Issa56

hero member

Activity: 1400

Merit: 911

I don't think anybody can predict the future price of bitcoin, but am sure bitcoin will definitely suprise lot's of people, most expecially the people that don't really believe in bitcoin currently, I notice bitcoin adoption in increasing on a daily basis and with time most of the countries banning bitcoin currently won't have choice than to adopt bitcoin later in the future, so I believe bitcoin price will pump very well in the future but I don't think anybody can predict the price.

AnonBitCoiner

sr. member

Activity: 1386

Merit: 326

Eloncoin.org - Mars, here we come!

Very hard to Guess price of BTC for long-term. Btc all time high is 69k which was happen in 10 Nov 2021 and now it's trading at price 21k. Most of people are now choosing online earning and from whole earning method like Marketing,stock exchange,YouTube , crypto trading I think Crypto trading is very easy and safe. We will see 30% of world to adopt BTC . For long term I guess that BTC will reach 300k . It's not looking easy but it's will happen.

pawanjain

hero member

Activity: 2702

Merit: 716

Nothing lasts forever

Bitcoin surely has a long way to go but whatsoever speculations we make about it's price will just be a mere speculation.
Nobody can tell what the price could be in a long term. One thing we can definitely say is that bitcoin will survive and exist in the long run.
Given a duration of 28 years from now, which means by 2050 the price could cross $10 million according to me.
If not $10 million then it would definitely cross $1 million by then. 28 years is a long time though.

Asiska02

hero member

Activity: 812

Merit: 675

This calculation, which was based on an assumption, may have a much larger impact on the results in the preceding 50+ years. Even if it usually has a fall every now and then, the volatility of bitcoin has always been on the uptrending side and is likely to stay that way in the years to come. As everyone is aware, market trends, governmental regulations, and media hype significantly influence the price of bitcoin today in relation to other fiat currencies. Based on the rapid growth of bitcoin over the years since its inception, these assumptions are quite likely to be accurate. It has always been expected that it will surpass the previous all-time high price. While we can continue to estimate the price in the upcoming years, we cannot tell what the price will be during each halving.

|MINER|

sr. member

Activity: 1106

Merit: 421

This calculation of yours has really created a curiosity about the price of Bitcoin in the mind. It is true that one day the price of Bitcoin will skyrocket if the impact of Bitcoin continues. And it will also comes in to the volatilities. However, with the increasing use of Bitcoin, I think these volatilities also will be beyond imagination. However, I believe that no one can guarantee the long-term duration of Bitcoin or what the long-term price will ultimately be.

bitcampaign

sr. member

Activity: 1792

Merit: 268

Vave.com - Crypto Casino

there are also a lot of lost bitcoins that can't be accessed by users, so not all supply is 21 million and not to mention we don't know if satoshi can also access his bitcoins, so many people think it will be worth 1 million dollars but it looks like it will take a long time to get that, so long-term investment is the best way when the current price of bitcoin is down we can buy it, at this time the price is very cheap from the amount of supply available

teosanru

hero member

Activity: 2100

Merit: 618

Quote from: hZti on August 17, 2022, 03:30:24 AM

Since the beginning of bitcoin it is basically in a very volatile uptrend. It is not likely that it stays like this forever (50+ years). What are your thoughts on what could be a price target for bitcoin longterm?

I made this calculation for an adoption of 50 % of the current world population:

21.000.000 Bitcoins : 4 Billion People= 0.00525 Bitcoin per person on average. The average value of the wealth per person globally is: 79.952 USD.

If you now would calculate the bitcoin price so that 0.00525 Bitcoins are worth 79.952 USD then you would end up with a bitcoin price of : 15.228.952 USD per Bitcoin.

This calculation is of course very inaccurate and makes a lot of assumptions. Still it can show where in some specific scenario the bitcoin price can end up, since for now I feel the price has just random targets and is dictated by exchanges and whales.

If you have different approaches feel free to share!

Not really an accurate way to calculate the price. This price is achievable when everyone and each one of us come on the bitcoin network which in the first place is highly unlikely and unachievable, secondly, average value of wealth is a growing matric it grows each year and even comes down sometimes, moreover, it's an estimate created by keeping global Purchasing power parity at par, which means the average value of wealth in the US is more than 80$ for sure, but a person having $80 in Thailand might be way better off than someone having even $500 in the US. When everyone will come in one currency this estimate will change altogether. So technically this is way off from the correct value.

virasisog

hero member

Activity: 1820

Merit: 537

Quote from: GelatikKembar on August 20, 2022, 10:00:56 AM

Bitcoin's long term price is of course at $100k, that was said before the Bitcoin dump,
but it looks like $100k is really hard to come by this year and it's finally dumped,
after the 2024 halving, the market is likely to be bullish again, and hopefully, $100k can be achieved.

As for me, Bitcoin can reach $100k after the next Bitcoin halving. it never fails to surprise us with its high value every bull run. That will be a high price for Bitcoin to reach this year but I guess it wouldn't drop even lower before the end of the year. There are just lots of negative things nowadays that affect its value such as the global economic crisis but I'm sure that it would still strike higher in the future.

dimonstration

hero member

Activity: 2562

Merit: 659

CoinPoker.com

This assumption is based on 4 Billion people will hold portion of Bitcoin using your average wealth. The only problem was the regulator. They are already tightening the rules on using Bitcoin in every country and some of them is already planning to charge huge tax. I’m this will be worst in the future when that 21M supply is already mine. It will need certain part of the global wealth in able to attain that 15M per BTC price. I really like the optimism in the future price but 1M per Bitcoin even in the future is already a generous prediction.

GelatikKembar

full member

Activity: 854

Merit: 100

The OGz Club

Bitcoin's long term price is of course at $100k, that was said before the Bitcoin dump,
but it looks like $100k is really hard to come by this year and it's finally dumped,
after the 2024 halving, the market is likely to be bullish again, and hopefully $100k can be achieved.

Captain Corporate

hero member

Activity: 1974

Merit: 575

Everyone has their own version of what it will be in the future. But we shouldn't really be forgetting that the most important thing right now and that way we could make sure that everything is going as expected. Do not assume that we are doing it because we like it or anything, its just something that we can clearly see, to us it is as clear as data. This is of course true for people who dislike bitcoin and think it will go down too but history has proven them wrong too many times to listen to them. So the point is not how max it could go, the point is everyone thinks it will go very high. Which in return means we should buy as much as we can, no matter what the max will be since it will be a lot anyway.

Cling18

full member

Activity: 1708

Merit: 126

Quote from: Rigon on August 19, 2022, 04:59:03 PM

Bitcoin is going through a tough time right now but the coming days are going to be really good for Bitcoin. Currently Bitcoin is above 20 thousand dollars but in the future Bitcoin is 100k dollars Many big experts believe that it will be exceeded more than 60k dollars next bull runs 2024 ....

It could be possible because Bitcoin never fails to surprise us. It could possibly reach more that its the previous price during the last ATH. We all know that Bitcoin always reaches a new milestone every bull run and that isn't questionable because it's the most trusted coin of all time. I also expect that it can reach another ATH price in the future.

Rigon

sr. member

Activity: 994

Merit: 441

Bitcoin is going through a tough time right now but the coming days are going to be really good for Bitcoin. Currently Bitcoin is above 20 thousand dollars but in the future Bitcoin is 100k dollars Many big experts believe that it will be exceeded more than 60k dollars next bull runs 2024 ....

Rigon

sr. member

Activity: 994

Merit: 441

Quote from: worle1bm on August 18, 2022, 01:42:50 AM

In the coming years we can't say with surety but seeing the current trend the btc will be worth much because fiat around the globe is subject to inflation at much faster pace.The USD,EURO and all other currencies are going down each year and the demand for btc is rising and supply decreasing which will surely boost it's price.If it will be still in usage few years later the price will be higher then $200k or something which is just an estimate.

We may soon see a better price for Bitcoin, which is why Bitcoin is in the way it is today.However, many believe that Bitcoin will be between 100k and 200k dollars by 2025.But with the way Bitcoin's supply and popularity are increasing, there's no doubt that Bitcoin can reach something even better.But no matter what, surely we will see a good price of Bitcoin very soon.

XwWnu

member

Activity: 406

Merit: 14

Quote from: Peanutswar on August 19, 2022, 05:33:10 AM

With the market of the cryptocurrency especially with the bitcoin, it is unpredictable but if you will check out the current situation of the market there's a chance in the long time run it will make another pump after the halving and by this is a good chance to grab with, check this i guess you will get an idea what are the possible things might happen in the future

Quote from: Peanutswar on July 28, 2022, 07:03:50 AM

Code:

Source: https://www.blockchaincenter.net/en/bitcoin-rainbow-chart/

looking at this image analysis, it certainly makes us all calm that we are still on the bullish path,
hopefully it's true and there will be no more dumps,
I believe this is a correction and I'm also sure bitcoin will reach $50k again this year

Peanutswar

legendary

Activity: 1498

Merit: 974

Top Crypto Casino

With the market of the cryptocurrency especially with the bitcoin, it is unpredictable but if you will check out the current situation of the market there's a chance in the long time run it will make another pump after the halving and by this is a good chance to grab with, check this i guess you will get an idea what are the possible things might happen in the future

Quote from: Peanutswar on July 28, 2022, 07:03:50 AM

Code:

Source: https://www.blockchaincenter.net/en/bitcoin-rainbow-chart/

tbterryboy

sr. member

Activity: 1946

Merit: 322

Quote from: Solosanz on August 17, 2022, 10:51:48 AM

The thing is you're calculating like the whole people used all his money only to buy Bitcoin, this is why your calculation are inaccurate.

I think S2F models are could give you an idea how much Bitcoin will worth in the long term, though it's like impossible. But it was started from nothing to reach $20K which is no one expect it except Satoshi at that times.

Maybe if you only use 10% of the average wealth, it's more make sense.

He did admit that his calculations are inaccurate but I don't think there is a person that can calculate all these stuffs correctly. We don't know what is running on each person's mind. They may or they may not involve their selves in bitcoin. Satoshi is the founder of btc but I don't think he predicted btc to go this far (its price) because he thought that he only made a currency that people will use daily and not an asset that many people will get attracted to, in which they will buy and hodl their coins till the price booms.

20k isn't the highest price that btc reached but it was almost 70k. If it reached that high starting from scratch then it's also possible that it can go for more like over a hundred k.

salad daging

hero member

Activity: 1624

Merit: 791

Bitcoin To The Moon 📈📈📈

Quote from: AicecreaME on August 18, 2022, 08:18:54 AM

It's very hard to predict such thing, all of the information of how much Bitcoin would cost this year or after 5-10 years etc. are just mere speculations. My opinion on this matter is that let's just support Bitcoin and continue to use it until it hit its peak (highest price), because no matter how much effort we put in prediction, Bitcoin's price will be its price and we are all going to be benefited because of our patient in waiting for that moment.

We will never know how big the bitcoin will be and the cost is unlikely if bitcoin is high then the fee is greater but it is worth the high price but indeed that is speculation we can only guess now and expect something better to happen.
Long term about bitcoin i don't doubt i have made DCA then what in the future after 5-10 years later i can feel the all time highs again and that's an advantage for me who believe bitcoin will be high, well that includes my speculation how the bitcoin trail forward of it.

justdimin

hero member

Activity: 2968

Merit: 670

www.Crypto.Games: Multiple coins, multiple games

Quote from: ningrum on August 18, 2022, 10:08:07 AM

Quote from: cryptoaddictchie on August 18, 2022, 04:40:13 AM

I dont think bitcoin price will come at a point that its not gonna be usef by massive community. We all knew that even it goes high beyond imaginations, it will still need to be balance with the economy. If possible to become a 1million usd each then the price of commodity and services is too high already if its value would be come close to that.

just think about it, if you target the Bitcoin price to $ 1 million, of course it is very outrageous,
even though many people are still predicting at $100k and it hasn't materialized yet, so don't think too much about the price

I honestly see that as a normal thing, maybe it's just me? I am not saying that it will happen tomorrow or something but I believe that 1 million dollars per bitcoin is not something that is outrageous, it looks like something that could happen very easily. That's my personal opinion and it may not happen that easily and it might create a trouble.

But, the best thing to do right now would be making sure that we are doing fine with the current price and not focus on that million dollars. I buy bitcoin all the time and keep on holding it and I will hold it until I retire, which means that I trust the price and where it will reach, which is over a million dollars and that's expected for me, just not now, it will be way down the line.

Topic: Bitcoin Longterm Price Target - page 4. (Read 932 times)