Bitcoin Value till 2033? - page 4. | Bitcointalksearch.org

TheGreatPython

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Quote from: Ayers on March 10, 2023, 03:58:38 AM

Quote from: maydna on March 10, 2023, 02:54:43 AM

I'm also somewhat amazed to see the decline that occurred in bitcoin. But that's what happened, and we have to accept it, and we better start putting up the purchase price so that we don't miss buying bitcoin. Now is a good time to accumulate bitcoins again as the price may decline further than yesterday. And don't panic in facing the current market conditions because this is all temporary and gives us time to prepare ourselves by having more bitcoins. We can still hope that the situation will change for the better next week and we can see the price increase again.

Why would you be surprised? Anyone who has been in the market for a while knows that bitcoin is very volatile, and a 9% correction in 1 day is all too common. We're not over the bear season yet, and the bitcoin price drop is something I think everyone is prepared for. I'm not surprised by bitcoin falling back, I see it as better news than panic because we will have more opportunities to collect bitcoin cheaply.

I have not received this month's salary, I will deduct part of my savings to buy bitcoin at this price, and when I receive my salary, I will refill my savings, I think this price is really good for me.

Not a newbie here anymore but to be honest I also feel a little surprised to see Bitcoin drops under $20k. We know that Bitcoin is a volatile coin but we have this impression that the bull run is already forming and the new strong support we have is now $23k or $22k. Oh well, what can we do? The unexpected have already happened.

I guess the best thing to do for now is to just accumulate more Bitcoins. If there is a trend in which people are prepared right now, that would be the bull run and not the bear because we already have much of it last year. Your decision of buying now might be a good idea because we don't know what if the price will recover later on.

Joshapat

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Really waiting for whether bitcoin can last until 2033 or not, many analysts believe that if bitcoin lasts until 2030 then the price will have reached more than $ 500k, of course there will be many challenges when prices get more expensive, and what you have to watch out for is the number of scammers who are increasingly massive to steal assets bitcoin, and according to reports that in 2021 more than $50 million worth of bitcoins were stolen.

Sorryfor

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Quote from: fennic on March 06, 2023, 11:03:45 AM

I was wondering that what could be the value of Bitcoin as Bitcoin Is always rising if we take a look at its peak chart from 2009 to 2023. And if it continues than what will be the price after 10 years and I am very curious to Know about this.

It is not possible to say what the price of Bitcoin may be after 10 years. But I think that if the Bitcoin market grows according to the position it is currently in, it could definitely be $500,000 in 10-year value. Because we have seen enough growth in the Bitcoin market from 2009 to 2023. In the next 10 years to 2033, the Bitcoin market looks set to undergo major changes.

Don Pedro Dinero

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Quote from: franky1 on March 06, 2023, 03:16:45 PM

in short.
if the hashrate was to stay the same and asic economics stayed the same
then with 2024 halving will open the off market window to $30k-$220k
then with 2028 halving will open the off market window to $60k-$440k
then with 2032 halving will open the off market window to $120k-$880k

however we know mining hash/kw changes over time(asic efficiency) and also network hashrate changes(reward competition)

if asic efficiency gets better by halving its cost but then there are over 600exahash on the network.. thus bringing the balance back to same overall measures

if asic efficiency didnt better but then there are over 600exahash on the network.. thus doubling cost

..
ill leave you all to factor in those variables

For me it is going to matter a lot whether the story that we are at the same level of bitcoin adoption as we were at the same level of internet adoption in 1995 is true or not. An extreme rise in demand from mass adoption will pull the price up, and if it doesn't rise much, the price increases will be modest.

However, I think it is likely that as time goes on, the returns from each cycle will become more moderate. I would sign up right now to be somewhere between half a million and a million dollars per bitcoin in 2033, although I think it will probably be less.

maydna

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Quote from: Ayers on March 10, 2023, 03:58:38 AM

Quote from: maydna on March 10, 2023, 02:54:43 AM

Quote from: Ngewex Yuk on March 09, 2023, 11:36:29 PM

Another surprise happened today, when I woke up and checked the price it turned out that it had dropped below $ 20k or around $ 19975, today there was a big drop of 9% and we have to be vigilant, but don't panic and sell cheaply, we have to be patient and waiting for the right moment to buy again, hopefully the price can go back above $20k again, and I think the first 4 months of the year can determine the direction of the price in 2023 whether it will skyrocket or dive.

I'm also somewhat amazed to see the decline that occurred in bitcoin. But that's what happened, and we have to accept it, and we better start putting up the purchase price so that we don't miss buying bitcoin. Now is a good time to accumulate bitcoins again as the price may decline further than yesterday. And don't panic in facing the current market conditions because this is all temporary and gives us time to prepare ourselves by having more bitcoins. We can still hope that the situation will change for the better next week and we can see the price increase again.

Why would you be surprised? Anyone who has been in the market for a while knows that bitcoin is very volatile, and a 9% correction in 1 day is all too common. We're not over the bear season yet, and the bitcoin price drop is something I think everyone is prepared for. I'm not surprised by bitcoin falling back, I see it as better news than panic because we will have more opportunities to collect bitcoin cheaply.

I have not received this month's salary, I will deduct part of my savings to buy bitcoin at this price, and when I receive my salary, I will refill my savings, I think this price is really good for me.

I was surprised because the price was decreased now. After all, I thought the decline might have occurred in January or February. But in fact, it happened in early March. I feel like the current situation is being stretched out for a while and presenting an opportunity for people to take advantage of the recent temporary increase to $24k. But then, the price was immediately reduced with the Silvergate case and dropped to as low as $19k. And it's not impossible. This decline can continue even to lower prices.

I agree that this is a good time to buy bitcoins at a lower price. The market has given us a discount and we should use it to buy more bitcoins. And it's better to use DCA to buy bitcoins because it can lower our average purchase price where we can get more bitcoins.

Ayers

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Quote from: maydna on March 10, 2023, 02:54:43 AM

Quote from: Ngewex Yuk on March 09, 2023, 11:36:29 PM

Another surprise happened today, when I woke up and checked the price it turned out that it had dropped below $ 20k or around $ 19975, today there was a big drop of 9% and we have to be vigilant, but don't panic and sell cheaply, we have to be patient and waiting for the right moment to buy again, hopefully the price can go back above $20k again, and I think the first 4 months of the year can determine the direction of the price in 2023 whether it will skyrocket or dive.

I'm also somewhat amazed to see the decline that occurred in bitcoin. But that's what happened, and we have to accept it, and we better start putting up the purchase price so that we don't miss buying bitcoin. Now is a good time to accumulate bitcoins again as the price may decline further than yesterday. And don't panic in facing the current market conditions because this is all temporary and gives us time to prepare ourselves by having more bitcoins. We can still hope that the situation will change for the better next week and we can see the price increase again.

Why would you be surprised? Anyone who has been in the market for a while knows that bitcoin is very volatile, and a 9% correction in 1 day is all too common. We're not over the bear season yet, and the bitcoin price drop is something I think everyone is prepared for. I'm not surprised by bitcoin falling back, I see it as better news than panic because we will have more opportunities to collect bitcoin cheaply.

I have not received this month's salary, I will deduct part of my savings to buy bitcoin at this price, and when I receive my salary, I will refill my savings, I think this price is really good for me.

_act_

legendary

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Quote from: posi on March 07, 2023, 10:59:46 PM

10 years to a human's life is a long time, but when comparing bitcoin to gold or fiat, bitcoin is nothing, so OP's doubt about bitcoin's existence is understandable.

Fiat in many nations especially the underdeveloped and developing nations would have reduced in value over ten years, we can see many of the countries with huge inflation over short period of time like just 6 months to 2 year, how would 10 years be? Fiat is what we can not reply on.

I still prefer gold to fiat but bitcoin is still something while comparing it with gold, bitcoin has limited supply of just 21 million and also easy to buy and hold than gold, yet they are both assets that increase in value over time.

In the next 10 years, bitcoin will grow in price than gold but may still be considered a speculative asset rather a store of value like gold.

Reatim

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Quote from: fennic on March 06, 2023, 11:03:45 AM

I was wondering that what could be the value of Bitcoin as Bitcoin Is always rising if we take a look at its peak chart from 2009 to 2023. And if it continues than what will be the price after 10 years and I am very curious to Know about this.

no one can actually tell , but if this is some kind of Poll then i think it is free to put down what we think or wanted the value would be 10 years after?

I am aiming for at least 200-500k by that time and with the amount I am holding till that day?
I can tell that i can consider my self as rich lol.

maydna

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Quote from: Ngewex Yuk on March 09, 2023, 11:36:29 PM

Another surprise happened today, when I woke up and checked the price it turned out that it had dropped below $ 20k or around $ 19975, today there was a big drop of 9% and we have to be vigilant, but don't panic and sell cheaply, we have to be patient and waiting for the right moment to buy again, hopefully the price can go back above $20k again, and I think the first 4 months of the year can determine the direction of the price in 2023 whether it will skyrocket or dive.

I'm also somewhat amazed to see the decline that occurred in bitcoin. But that's what happened, and we have to accept it, and we better start putting up the purchase price so that we don't miss buying bitcoin. Now is a good time to accumulate bitcoins again as the price may decline further than yesterday. And don't panic in facing the current market conditions because this is all temporary and gives us time to prepare ourselves by having more bitcoins. We can still hope that the situation will change for the better next week and we can see the price increase again.

Ngewex Yuk

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Another surprise happened today, when I woke up and checked the price it turned out that it had dropped below $ 20k or around $ 19975, today there was a big drop of 9% and we have to be vigilant, but don't panic and sell cheaply, we have to be patient and waiting for the right moment to buy again, hopefully the price can go back above $20k again, and I think the first 4 months of the year can determine the direction of the price in 2023 whether it will skyrocket or dive.

dezoel

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I don't see the year 2009 in your chart but it only started in the year of 2013 and if we can see, it took almost 5 years for the line to move upwards. There are also times that the price have declined so don't say that Bitcoin is always rising. If that was only possible, Bitcoin price must be in millions now and all of us here are now rich already. Bitcoin moving in an up and down direction makes, it impossible to predict it.

There are charts but they are not accurate as a basis when it comes to predicting the future value of the coins. Our only advice to you is to extend your patience but you can do this easily if you won't check the market at all times.

kawetsriyanto

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Quote from: laurenB7742 on March 08, 2023, 05:30:57 AM

No one knows exactly about the future of bitcoin, it's all just predictions, and so-called predictions will be right or wrong. As an investor in bitcoin, we need to trust in this asset, because once its price goes up, we can reap a lot of benefits from it. But investing beyond profits will always contain risks, so only invest with money that you can lose, never borrow or use daily living money to invest. Never put all your eggs in one basket, especially with risky investments like cryptocurrencies.

Nothing wrong with a prediction as long as it is based on data and makes sense. But if someone claims Btc will be at a certain price without any reason, it is totally wrong. Wink

Sure, as an investor of BTC, we must believe that BTC price will increase significantly in the future. We already learned the history of the previous bullrun seasons, it is very possible to happen again in the future. Moreover, BTC becomes more popular and its adoption looks good. However, you are right that we must invest in the amount of money that we can afford to lose. Never think to invest all the money in BTC, it is too risky!!

Fara Chan

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Quote from: fadhilz123 on March 07, 2023, 11:58:22 PM

Quote from: Fara Chan on March 07, 2023, 03:44:27 PM

Maybe most of its users have a perspective that it will be good this year, of course they expect the best for the price this year, but I think Bitcoin will run in its own Line Cycle where this year there will be a good increase and maybe it will also follow with a mild correction, but it would be likely that Bitcoin will reach a new ATH even if not this year, and this may happen in the next few years and its popularity will increase significantly.

The popularity of Bitcoin has been increasing for a long time and for new ATH in Bitcoin I'm still not sure it will happen this year even though the price improvement in Bitcoin itself will continue this year. Because when Bitcoin users start to increase in number every year, price increases will also continue to occur due to more demand. But to find out the price in 10 years as asked by the OP I think it's still very difficult to say because price increases are always spiced up by corrections in the market.

in this year we have only been a quarter of the way through the year, and since the beginning of the year there has been a small bull that we have felt from Bitcoin although sometimes it is always followed by a correction that occurs when the Value starts to rise, which as we have tried to give a little signal which is good for a recovery that may not be too significant, and at least it has given a little hope of a good start, but expecting Bitcoin to reach a new ATH within this year does not sound very effective, because the current movement of the market is not getting a stable coordination point,

which we can only give a hint that it will be good in the next few years, although it will take at least as long as the OP said. And in the remaining few months of this year, we will of course see whether there will be significant changes to provide a new realm towards a new ATH, even though this ATH was not created this year and within the timeframe stated by Op.

JoyMarsha

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In ten years will be like having 2.5 halving in bitcoin. Towards that time bitcoin will have about doubled in value from today's pricing to where it will be in ten years (4 years for each halving). It's crucial to be aware that, according to historical data, the price of bitcoin is predicted to soar higher with each halving. Yet, if I had to guess, I'd say the price of bitcoin will range from $250k to $300k. Despite the fact that no one can predict whether bitcoin will still exist in ten years, it can be challenging to estimate the price of bitcoin then.

Yaunfitda

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Quote from: laurenB7742 on March 08, 2023, 05:30:57 AM

Quote from: Nwada001 on March 07, 2023, 04:06:06 AM

@seoincorporation , @laurenB7742
That is to say, the price can't be predicted based on what it will actually be in the next few years, no matter what degree one has in reading and predicting prices. It's just better for us to hold on and have faith rather than think about what the price will turn out to be in 10 years.

No one knows exactly about the future of bitcoin, it's all just predictions, and so-called predictions will be right or wrong. As an investor in bitcoin, we need to trust in this asset, because once its price goes up, we can reap a lot of benefits from it. But investing beyond profits will always contain risks, so only invest with money that you can lose, never borrow or use daily living money to invest. Never put all your eggs in one basket, especially with risky investments like cryptocurrencies.

Yes, everything is just base on pure speculation, although we used the past data to extrapolate what price it could get in the future but ti's not very accurate as we all know how bitcoin is very volatile.

And with that, everyone is free to give our prediction, whether it's a hit or miss, at least we did our bests to see what will be the future price. But we can just hold on what event alone, the block halving that is the catalyst for the price to continue to grow every 4 years, just saying.

laurenB7742

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Quote from: Nwada001 on March 07, 2023, 04:06:06 AM

@seoincorporation , @laurenB7742
That is to say, the price can't be predicted based on what it will actually be in the next few years, no matter what degree one has in reading and predicting prices. It's just better for us to hold on and have faith rather than think about what the price will turn out to be in 10 years.

No one knows exactly about the future of bitcoin, it's all just predictions, and so-called predictions will be right or wrong. As an investor in bitcoin, we need to trust in this asset, because once its price goes up, we can reap a lot of benefits from it. But investing beyond profits will always contain risks, so only invest with money that you can lose, never borrow or use daily living money to invest. Never put all your eggs in one basket, especially with risky investments like cryptocurrencies.

ethereumhunter

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Quote from: virasog on March 08, 2023, 12:23:12 AM

Quote from: ?? on ??

2023 will maintain its movement like this first quarter till 4th .

Maybe the highest will be 30k if lucky , but with the consistent reaction of the people inside? I was also wondering if there are whales to add more flavor and push this to 40-50k before the year ends?

2023 started with a bullish momentum but right now there are some fuds in the market regarding BUSD and also mt gox token release which may add selling pressure in the market. However, i believe that none of these events will be as severely bad as the FTX/Luna crash and therefore I think we will continue for a mini bull season in 2023.

If it was a mini bull season, it could happen in 2023 because if we look at the current bitcoin price movement, it is better than a few months ago. But the market will experience a deeper correction this week because the price seems to have decreased again from yesterday. And we will be on the weekend where usually the price will experience another correction. We hope that the next correction will not hit a deep price so that people don't panic because the price hits a low again.

justdimin

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Quote from: TheUltraElite on March 07, 2023, 02:09:44 AM

Trust me, we all are curious to know otherwise we would not be here. Cheesy

Those who are speculating on bitcoin price have a similar motif but the question how long can you sustain, till your last breath? By the time you get old in case you started buying bitcoin at a very young age, bitcoin will be huge in terms of its fiat price. So hold and keep buying more.

At the same time make sure to spend and buy back to increase your collection of bitcoin while using mostly fiat for daily expenses. Going by charts, we can say that in 10years a lot of price rise is possible and a lot of things can happen in this world. Nobody predicted a pandemic in a global scale and a war that has been going on for a year now leading to economic decline.

I think "retirement fund" is great because of this reason for sure. We are talking about something that could benefit us in the long run, so why shouldn't we do it? If you buy right now and keep holding it until you are old, then you are going to end up with a great profit and that should be the case for you.

I believe that if we end up with something better and we know about this then waiting won't become a problem. The only problem that we have right now is that we are not entirely sure that it would be working exactly like we imagine, like if I buy now, and even keep buying every month, and then 20 years later it will be high, if I had any guarantee for this then I would do it, I am doing it actually, but people are not certain about this.

virasog

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Quote from: Fundamentals Of on March 07, 2023, 08:23:52 PM

10 years is very long. I don't know if there is somebody who really paid close attention to it. Perhaps some generalizations will do. Generalizations like Bitcoin must have already crossed $100,000 by that time is probably safe and fair. I'm still not 100% sure of it, but with how things are doing right now, I'm 99.99% certain on that prediction. But you know that things are always uncertain and unpredictable. We can't even be 100% sure that Bitcoin is still alive 10 years from now.

People even do not know what will be the bitcoin price after a month or a week and predicting about bitcoin price after 10 years is just insane and does not make sense. All I can say the bitcoin price will be very high from its current all time high of 68,000$. No need to speculate any further.

Quote from: ?? on ??

2023 will maintain its movement like this first quarter till 4th .

Maybe the highest will be 30k if lucky , but with the consistent reaction of the people inside? I was also wondering if there are whales to add more flavor and push this to 40-50k before the year ends?

2023 started with a bullish momentum but right now there are some fuds in the market regarding BUSD and also mt gox token release which may add selling pressure in the market. However, i believe that none of these events will be as severely bad as the FTX/Luna crash and therefore I think we will continue for a mini bull season in 2023.

fadhilz123

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Quote from: Fara Chan on March 07, 2023, 03:44:27 PM

Quote from: fennic on March 06, 2023, 11:03:45 AM

I was wondering that what could be the value of Bitcoin as Bitcoin Is always rising if we take a look at its peak chart from 2009 to 2023. And if it continues than what will be the price after 10 years and I am very curious to Know about this.

Maybe most of its users have a perspective that it will be good this year, of course they expect the best for the price this year, but I think Bitcoin will run in its own Line Cycle where this year there will be a good increase and maybe it will also follow with a mild correction, but it would be likely that Bitcoin will reach a new ATH even if not this year, and this may happen in the next few years and its popularity will increase significantly.

The popularity of Bitcoin has been increasing for a long time and for new ATH in Bitcoin I'm still not sure it will happen this year even though the price improvement in Bitcoin itself will continue this year. Because when Bitcoin users start to increase in number every year, price increases will also continue to occur due to more demand. But to find out the price in 10 years as asked by the OP I think it's still very difficult to say because price increases are always spiced up by corrections in the market.

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