40 years? This thread is very bearish.
Its like when the bear want to disguise himself as a bull to sell hopium and keep the cogs working.
If bitcoin dont go to 100k between 2021 and 2025, it will be at zero in 2060, replaced by another crypto-currency, probably one controlled by a international comitee.
Moving the StF curve ahead will not change this fact. The asset is highly speculated and manipulated by whales, who control its price like in a ponzi scheme. It needs to go up now, not in 200 years.
Topic: Bitcoin valuation forecast for 2020-2060 from $10K to $100K: Is it reasonable? (Read 335 times)
January 27, 2020, 08:34:28 AM
January 27, 2020, 04:14:59 AM
This is far beyond our imagination as we have no idea how future gen will react to crypto or we might have something similar to crypto which might replace the crypto market, as of now we would be better off speculation for few years rather than decades. Next ten year will define where the market will lead bitcoin and how what are the chances of bitcoin survival.
January 27, 2020, 01:23:17 AM
if reaching $ 100k takes 20 to 40 years from now, I'm not sure this forum is still there, if the mods are still alive and will be replaced by our children who are gathered here to see this old thread, I don't imagine it seems like many bitcoin holders will throw it away now instead of waiting 20 or 40 years, for reasons maybe they don't want to give their children the bitcoin inheritance that they are saving now, it seems like it's hard and it doesn't make sense that in fact we can still get high prices in the near future don't have to wait too long that, I still keep it even before I die I will throw it into a ditch and won't sell it under $ 100k because it won't pay at all my struggle to introduce bitcoin in my country for 8 years 
if say rationally indeed we will get older and never know what will happen at that time. bitcoin can increase rapidly as in 2017 where the beginning of the year bitcoin price at $900 then at the end of the year it can reach $20,000. so it's very possible halving this year will make a big surprise and set a new record I predict that $100k can actually come sooner, we'll see 2021 like your banner campaign 
January 26, 2020, 08:55:50 AM
if reaching $ 100k takes 20 to 40 years from now, I'm not sure this forum is still there, if the mods are still alive and will be replaced by our children who are gathered here to see this old thread, I don't imagine it seems like many bitcoin holders will throw it away now instead of waiting 20 or 40 years, for reasons maybe they don't want to give their children the bitcoin inheritance that they are saving now, it seems like it's hard and it doesn't make sense that in fact we can still get high prices in the near future don't have to wait too long that, I still keep it even before I die I will throw it into a ditch and won't sell it under $ 100k because it won't pay at all my struggle to introduce bitcoin in my country for 8 years
if say rationally indeed we will get older and never know what will happen at that time. bitcoin can increase rapidly as in 2017 where the beginning of the year bitcoin price at $900 then at the end of the year it can reach $20,000. so it's very possible halving this year will make a big surprise and set a new record I predict that $100k can actually come sooner, we'll see 2021 like your banner campaign Bitcoin bullish signs is starting right now, so I think this is the best time to hold bitcoin and wait for the profit.
January 26, 2020, 06:07:39 AM
Possible? Absolutely.
We've seen how much BTC rallies throughout history especially during halving periods. The last bull run in 2017 basically left BTC more than 50x from its $200-400 lows to nearly $20k on most exchanges.
But is it likely, or even reasonable to expect? I don't think so. There is really no strong, unquestionable evidence or argument, or even analysis that can possibly prop it up. Even John McAfee has ditched his outrageous predictions. It is important sometimes to not extrapolate from past performance, since we exist under an entirely different set of market conditions now.
We've seen how much BTC rallies throughout history especially during halving periods. The last bull run in 2017 basically left BTC more than 50x from its $200-400 lows to nearly $20k on most exchanges.
But is it likely, or even reasonable to expect? I don't think so. There is really no strong, unquestionable evidence or argument, or even analysis that can possibly prop it up. Even John McAfee has ditched his outrageous predictions. It is important sometimes to not extrapolate from past performance, since we exist under an entirely different set of market conditions now.
January 26, 2020, 05:00:44 AM
if reaching $ 100k takes 20 to 40 years from now, I'm not sure this forum is still there, if the mods are still alive and will be replaced by our children who are gathered here to see this old thread, I don't imagine it seems like many bitcoin holders will throw it away now instead of waiting 20 or 40 years, for reasons maybe they don't want to give their children the bitcoin inheritance that they are saving now, it seems like it's hard and it doesn't make sense that in fact we can still get high prices in the near future don't have to wait too long that, I still keep it even before I die I will throw it into a ditch and won't sell it under $ 100k because it won't pay at all my struggle to introduce bitcoin in my country for 8 years
if say rationally indeed we will get older and never know what will happen at that time. bitcoin can increase rapidly as in 2017 where the beginning of the year bitcoin price at $900 then at the end of the year it can reach $20,000. so it's very possible halving this year will make a big surprise and set a new record I predict that $100k can actually come sooner, we'll see 2021 like your banner campaign January 26, 2020, 04:47:11 AM
if reaching $ 100k takes 20 to 40 years from now, I'm not sure this forum is still there, if the mods are still alive and will be replaced by our children who are gathered here to see this old thread, I don't imagine it seems like many bitcoin holders will throw it away now instead of waiting 20 or 40 years, for reasons maybe they don't want to give their children the bitcoin inheritance that they are saving now, it seems like it's hard and it doesn't make sense that in fact we can still get high prices in the near future don't have to wait too long that, I still keep it even before I die I will throw it into a ditch and won't sell it under $ 100k because it won't pay at all my struggle to introduce bitcoin in my country for 8 years
January 26, 2020, 12:45:35 AM
your times are pretty weird all around. starting from $10k in 2 years! if price were $3k and you were saying this, it could have made sense but not when $10k is right around the corner and all it needs is a small 20% rise that is like the smallest price rise that bitcoin can have.
as for the very long term "forecast" in 120 years, bitcoin may not even be around anymore. bitcoin is a technology and it is new now not in a century from now. by then it is possible that at least 2 new technologies have replaced it twice.
besides you also have to take into consideration the big inflation that fiat has. so when you say $X in N years you have to consider that in N years dollar is not going to have the same purchasing power as it has today. $1 million in a century may be the cost of one cup of coffee with the way Fed is printing it.
as for the very long term "forecast" in 120 years, bitcoin may not even be around anymore. bitcoin is a technology and it is new now not in a century from now. by then it is possible that at least 2 new technologies have replaced it twice.
besides you also have to take into consideration the big inflation that fiat has. so when you say $X in N years you have to consider that in N years dollar is not going to have the same purchasing power as it has today. $1 million in a century may be the cost of one cup of coffee with the way Fed is printing it.
January 25, 2020, 07:54:36 PM
There is absolutely no scientific way to determine crypto prices 40 years from now
I agree, and I also agree that it's akin to throwing darts--and not even a 40-year prediction, either. If you're even trying to proclaim what bitcoin is going to be worth in a year or longer, it's pure guesswork. It would be nice if you could sock some bitcoin away for your retirement, confident that in forty years it'll be worth $100k but that's not realistic. And no amount of knowledge of economics, engineering, or anything else is going to help you forecast what its value is going to be. Forty years is a long time, and in that time anything could happen. It's quite possible bitcoin could be supplanted by something else, or the world could come to an end--you never know.
January 25, 2020, 07:30:24 PM
I still stick with Satoshi's prediction of volume in future either being vast or zero.
By 2040, let alone 2060, $100,000 will seem like a laughable figure.
That's either because Bitcoin has been dead for decades and is now purely a fascinating part of history, or because that price will seem like chump change compared to what it really is.
I see no middle ground.
By 2040, let alone 2060, $100,000 will seem like a laughable figure.
That's either because Bitcoin has been dead for decades and is now purely a fascinating part of history, or because that price will seem like chump change compared to what it really is.
I see no middle ground.
January 25, 2020, 06:59:38 PM
Considering the time span is actually decent this time around, I will finally say yes to 100k. Normally when people say stuff like "will bitcoin be 100k this year" I keep telling them no because these are the people who are sad that they missed out on times when bitcoin made 10x easily and they want to make that much money as well and with wishful thinking they are asking for 100k and if possible.
However, this time it is different because the time span is 40 years, it is asked if it could reach 100k until 2060 and honestly for the first time ever I could say it could be even higher. I normally never respond to these question so bullishly but 40 years is such a long time that anything could possibly happen, we could even have something much better than bitcoin by that time.
However, this time it is different because the time span is 40 years, it is asked if it could reach 100k until 2060 and honestly for the first time ever I could say it could be even higher. I normally never respond to these question so bullishly but 40 years is such a long time that anything could possibly happen, we could even have something much better than bitcoin by that time.
January 25, 2020, 03:27:33 PM
It's not reasonable to make any kind of forecast so far in the future. Having in mind how quickly Bitcoin price can change and number of outside factors that might influence the price to predict anything longer than a year isn't reasonable and I would add that is actually funny and not adecvate for someone that is seriously involved with Bitcoin.
January 25, 2020, 02:31:31 PM
The further you go in time, the harder it is to make a correct prediction, and the more useless this prediction would become - some people who hold Bitcoin would be dead by that time, many will be retiring or just past their active years where they won't need as much money like when they were younger. 5-10 years should be the limit for long term predictions.
January 25, 2020, 12:57:33 PM
Bitcoin valuation forecast for 2020-2060 from $10K to $100K: Is it reasonable?
LOL come on man. 2060?
Really? You want that someone tells you price of Bitcoin in 40 years time? No one dont know how much it will cost a week from now you want 40 years? What we know of 2060 Bitcoin is that block reward will be really low. Daily bitcoin reward will go from 1800 Bitcoin today to 1.7578125 Bitcoin. So not even 2 Bitcoin. Do you believe that can secure the network? 
January 25, 2020, 08:31:26 AM
take note that the existing Bitcoin is not based on how many has been mined but how much is still circulating until now.
there are tons of bitcoin that has been Gone from the forgotten wallets or miss sending amounts so that would be lessen from those 17 million mined or more than.
and also don't rely on the value of bitcoin to USD because the more Bitcoin Price goes higher is opposite will happen to USD(IMO) so this means maybe the value of Bitcoin by that time is double or maybe triple depends on the market movements.
there are tons of bitcoin that has been Gone from the forgotten wallets or miss sending amounts so that would be lessen from those 17 million mined or more than.
and also don't rely on the value of bitcoin to USD because the more Bitcoin Price goes higher is opposite will happen to USD(IMO) so this means maybe the value of Bitcoin by that time is double or maybe triple depends on the market movements.
January 25, 2020, 08:25:13 AM
Bitcoin reached more than $10,000 last year if you didn't saw that.
Today there are 17,000,000 Bitcoins in existence
Nope, we just passed the 17M supply and the total circulation now is 18.1M bitcoins in circulation. With the valuation you have for bitcoin to reach $100,000 within 20-40 years, honestly it's very realistic but I think we should in the middle because we might see more than that during that period. January 25, 2020, 08:21:46 AM
Trying to predict bitcoin 40 years from now is nothing more than dart throwing. There is absolutely no scientific way to determine crypto prices 40 years from now, if anyone tells you there is they are either lying or kidding themselves. Stick to the near term and let history handle itself. Keep stacking sats and enjoy the ride.
@wheelz1200 I’ll second that because none of us can even correctly predict where bitcoin prices will end in 2020, therefore predicting for 40 years from now doesn’t make any sense in my opinion. Another factor why it’s so difficult to predict bitcoin prices for the future is, because we do not know which events will take place and what will be their effect on bitcoin prices.
January 25, 2020, 07:07:43 AM
In my humble estimation (based on my own scientific, engineering, economics education) as I am learning more about it, Bitcoin will reach valuation around $10,000 within 0-2 years (at the time of this writing it is already back up to around $8,000 rounding to the nearest thousand) and then will reach valuation $100,000 within 20-40 years and then $1,000,000 (each single Bitcoin) within 40-120 years of this year 2020.
Timing is really difficult to predict, but I'd still aim for a lot sooner. Here's why:
My theory is that Bitcoin is following a typical technology adoption life cycle. We are still in the "early market" phase. We haven't yet "jumped the chasm" towards mainstream adoption yet. Once we do, exponential adoption is going to meet extreme scarcity of supply. Under those conditions, million dollar valuations could come very soon, within the next decade (if only for a brief time during a bubble).
January 25, 2020, 07:05:09 AM
All I see is completely arbitrary numbers and nothing else.
I personally think that there is a good chance that we'll breach $10k in the very near future, perhaps even during this year. With the halving coming up it should only be a matter of time before that actually occurs. Even though short term sentiment may be a bit bearish right now considering the circumstances under which BTC failed to breach the $9k resistance, I'm still optimistic on the long term outlook.
Other than that though, I really see no basis for any of your longer term predictions. While $100k and $1M per BTC is possible, it is only attainable after a massive depreciation in fiat through hyperinflation or some event of the like.
I personally think that there is a good chance that we'll breach $10k in the very near future, perhaps even during this year. With the halving coming up it should only be a matter of time before that actually occurs. Even though short term sentiment may be a bit bearish right now considering the circumstances under which BTC failed to breach the $9k resistance, I'm still optimistic on the long term outlook.
Other than that though, I really see no basis for any of your longer term predictions. While $100k and $1M per BTC is possible, it is only attainable after a massive depreciation in fiat through hyperinflation or some event of the like.
January 25, 2020, 06:06:37 AM
Like others have said, I doubt that you'd extract any meaningful metric of price 20 or 40 years from now and I'd encourage you to focus on learning about Bitcoin rather than speculating potential gains and prices.
What I like about your post is that you're speaking of keeping your savings in Bitcoin! I think that is what will fuel the next round of interest and ultimately leading to wider adoption.
Saifdean A. recently said, "Savings is the most subversive thing you can do with Bitcoin"
What I like about your post is that you're speaking of keeping your savings in Bitcoin! I think that is what will fuel the next round of interest and ultimately leading to wider adoption.
Saifdean A. recently said, "Savings is the most subversive thing you can do with Bitcoin"
With Icygreen, there are no timelines to predict... but there is corn to be saving, no more to know
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