Topic: Bitcoin Value till 2033? - page 6. (Read 841 times)

@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. 

The answer can only be obtained in the next 10 years because I think everyone will agree, no one knows about it and indeed it is a certainty because we really don't know what will happen in the future. As for mentioning the price, it will only be speculation, because indeed everyone cannot know what will happen in the future.

we can only hope for the best by reflecting on the previous 10 years and in this condition there is clearly hope that the next 10 years will also be very bright.

Even a leading expert cannot accurately predict the bitcoin price tomorrow, let alone 10 years from now. Just like 10 years ago, if early bitcoin adopters could predict the future, they wouldn't be selling bitcoin at a price we consider crazy. And that's what makes bitcoin more interesting, no one can predict what bitcoin will look like in the future, even its creator. Bitcoin creates fairness for everyone, those who are willing to take risks and have faith in it deserve to receive rewards.

😆 Most correct answer on earth.

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It's been almost 15 years that we are with Bitcoin (Not me).
Just see how much X it's increased in price. Given this fact, Bitcoin might be a million at the end of 2033. But, I won't say it will be. Because it's just speculation. But, I can talk about what I believe. In my personal opinion, Bitcoin will be more than $250K in 2033. It's not that big. Just 10x from where we are right now. I also believe we will hit 10x from here within the next five years. But, let's say it will take ten years.

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

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.

Bitcoin will become more scarce in that timeframe for sure and with that limited supply surely it will have it's on ATH in that year. But anything can go sideways as well, we never know but to think of it what would the future of bitcoin 10 years from now. I will be around at age of 50 by the ad surely bitcoin  will be my retirement plan after all.

Bitcoin has been widely adopted from the year it first appeared until now so that it makes its value increase from year to year because basically bitcoin has a limited supply with a total of 21 million, when demand is higher then supply will also be lower resulting in the price of bitcoin will continue to increase from its scarcity.
Asking the price of bitcoin in the next 10 years, I don't think you will find the right answer here because no one can predict with certainty about the future price movement.

You can not say anything surely about price of Bitcoin in 2023, next 10 years. What you can say is simply prediction that mostly is not correct in reality.

The only thing you can say and it is true is How many bitcoins will be mined totally at 2032 halving block and how many bitcoins is left for mining until all 21M bitcoin is mined at 2140.

Controlled supply.
At the halving block in 2032, there are 98.44% bitcoin will be mined and after the end of that era in 2036, 99.22% of bitcoin will be mined. So from 2032 till 2140, there will be about 1.6% bitcoin in total supply will be mined in about 80 more years.

Price impacts for Bitcoin is huge as you see after next 3 more halvings, effects from halvings would be smaller than 2024 halving. If in 2020 bull run, Bitcoin reached to nearly $70,000, in 2032 I believe it will not be less than $150,000.

Another version of controlled supply but better presents effect of halving on miners, Equivalent Network Time

there are actual limits

the spot market always speculates within a limit

for instance if every man and his dog can mine bitcoin for under $120k on the planet. no one would rationally want to buy bitcoin for more then $120k

this has been proven several times by the market price "topping out"

the most inefficient and expensive mining (hawaii. japan electrical cost + retail price asics) had a mining cost of $75k in 2021 and $22k in 2017 no one wanted to buy bitcoin if it was cheaper to mine for everyone and sell for profit. so the buyer:seller ratio has a dynamic at certain prices until no one wants to buy anymore due to it being too premium

same goes for the bottom if using the most economic electric, the most efficient asic at the most wholesale/bulk buy cost of asic. can mine for $15k meaning no one can mine for less
then no one can acquire bitcoin for less. no one wants to sell for less thus the price has a non-zero bottom so no one wants to sell anymore due to being too valuable

knowing these maxims
you can scale how much hashrate/coin and thus mining costs of minimum and maximum to work out these (off market) min and max, which the markets then speculate inside of

for bitcoin to be sold in speculative spot market at $110k the hashrate can stay where it is. because right now the max window/top of possible speculation can go upto $110

for it to go to $1m the mining cost of the world needs to 10x for there even to be a possibility of allowing the market to speculate upto $1m

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

In 2033, for me, bitcoin will have a value of $800k and that will be a low value for what it should have, by that year it should already have passed $1M and it is not an exaggeration, if things go well from here to there, they should be at hat price, if things in the world keep getting worse I am not able to say or predict a bitcoin price, because there will be few things for which people want to have a good world, the projections you show in the chart can be a sample As low as btc can get, it is a fact that things will change for the better.

There is no accurate Bitcoin forecast that can tell us what the price will be in 2023. The price of bitcoin swings and is growing fast. We have observed numerous ATHs and dumps. That is now considered standard Bitcoin behavior. If you can read it, the chart will say many things; if not, it will say nothing. Bitcoin saw nearly satisfactory growth at the start of this year. Despite various minor glitches imposed on the BNB FUD, we are still playing well. Nonetheless, I think it will eventually disappear. I am therefore bullish based on market movements this year. Without knowing the price, something positive should to occur.

No one really knows, I suppose the majority of the forum members suppose the price will be higher than its current levels, but we do not know how high the difference will be, and since that is the case just enjoy the ride, there are so many things that could happen during that decade that any price is possible and trying to guess it is simply unnecessary, as what would you do with this information even if you had it? Not much right, so do not bother with something like this as there is nothing you can do even if you knew the price of bitcoin at that year.

In my view there is two possibilities of view of chart after 10 years

this one has very very less chance,

https://ibb.co/SPCs53W

this one can happen, means this one has high chance

https://ibb.co/dB5DDGH


just for fun  

In 2033 Bitcoin will be more volatile and it will hit again new ATH(All time high). Because after every halving Bitcoin pumps hard. And it will get more popular after the 10 years. So we should keep trust on Bitcoin.

Well obviously any answer is just a guess, but we can make an educated guess based on the 4 year market cycle and diminishing returns each cycle. A pretty good vague guess would just be somewhere between $500k and $1 million.

I think Bitcoin will maybe hit a million dollars for the first time in the 2036/2037 bull run so I don't think it'll be there yet in 2033, but 2032/2033 will be a bull run if the 4 year market cycle still holds a decade from now so price should be at the high end of the market cycle so it should definitely be over half a million. I expect peak bull run prices in '25, '29, '33 to be something like $150k - $200k, $350k - $400k, $600k - $700k. So I'll make a guess of $600k - $700k peak price in 2033.

There is no need to speculate on the price of bitcoin in the next ten years. It is certain that it will be much more valuable than its current all-time high, given that a specific price cannot be accurately predicted by anyone. In the next ten years, we would have seen 2-3 bitcoin halvings, with the expected outcome always being a new all-time high of bitcoin that surpassed the previous ATH. If I had to guess, I'd say it'll be X3 to X5 of the current ATH.

One thing is to have the skills to read the chart and do an interpretation of the data, and another thing is to be able to predict the future, which is something that no one can do.

From Satoshi's quotes we know the bitcoin price only has 2 options, it is worth a lot or its value drops to zero. Those are the only two possible ways, so, for 2033 I expect to see the price over $150k for each coin.

I don't know how to read chart, nor do I know if there is anyone with the special skill to predict the exact price of bitcoin in 10 years from now.
One thing that's sure is that so long as it continues to exist, which it will, and there is mass adoption, the price that we are seeing now will be used as a reference in the near future. I can't predict what exactly it will be, but the price will be something to celebrate. 

No one knows in the end, but trust me as I have a magic crystal ball — bitcoin's price will be somewhere between $1 and $1,000,000,000.

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.