Topic: BTC 2030 Assumptions - page 2. (Read 823 times)

I support your valuable point that the approval of BTC by the governments of different countries will be irrelevant in the future. The trend of investing in BTC compared to fiat among investors is increasing day by day and by 2030 its investment is likely to double as compared to the present. Due to the effects of inflation, fiat is constantly being devalued in different countries of the world and governments fail to eliminate the negative effects of money printing on their economies. The day is really not too late that BTC will play a leading role in every country's economy.

After everyone and everything on the planet got nuked in a nuclear war, the BTC blockchain will be the only thing to continue to exist and that could be recovered from one of the thousands and thousands of copies redundantly distributed around the world.

Hm 5.5 years is a very long time and if you go back 5.5 years, so many things happened that have been on nobody's radar. The pandemic, the war, many other things.

You ask for an educated opinion, but I wonder how educated an opinion can be when it is about a point in time 5.5 years ahead of us. But I guess you might be asking for more of a general trend that everyone believes BTC will follow and I agree that if we don't get all nuked, BTC probably continues to thrive and expand, and hopefully, hopefully, there will be some technological innovations for BTC that allow for it to be more properly used on a daily basis. In other words, solutions for congestions as far as it makes sense, i.e., doesn't undermine security too much.

We might just be approaching 2025 and it’s just half a decade away of prediction and still, I feel it’s so far a time for us to predict what would be and wouldn’t be with Bitcoin. At the moment, we even have difficulty with even predicting what comes after the most recent halving and even then, we are very much inaccurate not to talk about Bitcoin 5years 7months away. I wouldn’t want to speculate much on that, all I can say to this thread is that, the network would come under some challenges that will result in certain modifications and that’s it. Bitcoin would remain and the people who hold it now to such a time would be proud of their decision.

At some point the acceptance of bitcoin by governments will become irrelevant, I do not know if this could happen by 2030, but it will surely happen, and this is because as long as the fiat currencies of the governments fail to be a store of value, more people will realize this fact and use bitcoin as an alternative, so it will not be long until more businesses accept bitcoin as a payment option and you can easily skip using fiat at all for all your transactions, and once bitcoin reaches that level of adoption there will be nothing governments can do against it.

That's why I always suggest doing DCA because we will see more positive news about Bitcoin in the future but I am not the one who think Bitcoin will skyrocket post acceptance from government because they can turn their back against Bitcoin any moment they wish hence I rather believe in Bitcoin's potential that it has capability to thrive further and doing DCA.

Bitcoin will continue to dominate to remain the king among other cryptocurrencies and to attract more governments to adopt Bitcoin to be part among the countries that are using Bitcoin for the development of their country. There will be a great change in the price of Bitcoin come 2030, because the price of Bitcoin has hit higher price in this year that will make Bitcoin price to reach $400,000 before the end of 2030 and it will turn many Bitcoin investors to become millionaires, because bullish market will take a long months before it will disappear from the market. If you have not plan ahead of 2030, I will advice you to start saving some funds that will make you to be part of that celebration come 2030, because it will be bullish season to make holders to release what they have been holding.

2030 is so far from today,however if we are going to put basis from 2010 till 2024 btc price is very far and has a higher achievement with regards to its price and uses, it gains a big popularity and everyone wants to have it now because they already know that btc is money or theres a money on it, so i think 2030 is still good for btc and maybe new ATH will be reach and if there is a bear market i believe that it will never drop down below its 2010 price.

Anything and everything can happen. If the demand to accumulate the coin increases day by day then no doubt that by the end of 2030 we will see Bitcoins listed at 1 Million USD. The reverse is possible. If people don’t show interest in Bitcoins or government makes it illegal, then Bitcoins might start crashing in its price. The basic thing for which the supply and demand of the coin revolves is the fixed supply of the coin. Let’s see how far this wild guess of Jack Dorsey goes.

These billionaires spouting random price are just trying to keep the hype of bitcoin alive and well. The price hasn't even reached the awaited 100k yet, how would you expect it to be able to get to a million if it hasn't reach the 100k territory yet, pretty sure that it's also going to be difficult to get to 200k too because people are going to be selling their bitcoins at some point when it finally reaches 100k+. Now I'm not being a spoil to this hype train because I'm a firm believer in bitcoin, I'm sure that it will get there but we have to be realistic with our expectations.

Well according to Twitter co-founder Jack Dorsey the price of Bitcoin will be at least $1 Million in 2030. I do think this is a very 'bullish' thing for him to say.
He did also say he thinks it will go higher then this number and beyond. https://news.bitcoin.com/jack-dorsey-forecasts-bitcoin-to-reach-1-million-by-2030/

We cant even predict on whats tomorrows price, what more on 2030?  

Well, we are dealing with a speculative market then it would really be normal that there would really be tons of speculations when it comes to price. This is why it cant really be avoided that there would really be numbers which do really look to be that not too realistic but of course there would really be those approach on which we do really be able to say that it is really that possible.2030 is really that too far off for us to tell
on what would gonna happen because predicting prices would really be having tons of factors on which it could really be able to affect it out and this is why making up some conclusions is hard.

The key on here is that you could really be able to make out adjustments accordingly on whatever the price that we would really be able to encounter and would be able to face on.
Buy when its on dip and sell out on the price that you would really be preferring on doing so.

You don't need to go to 2030 because after halving, we will sees Bitcoin's latest ATH. From that way, we can estimates how far the price of Bitcoin can rise. It is important to collect as many Bitcoins as possible to sell them at the highest price that year.

You won't get that chance if you don't do it now. You will only be a spectator who cannot get any benefits. You still have the opportunity to accumulate Bitcoin right now, so take the time to do it before it's too late.

This is way too down the line for me to make an assumption really. What I really know is that regulations and laws are going to change a lot to include bitcoin into the financial world. ETF was just a small start, that is just one thing, I am telling you, banks will become crypto exchanges without a doubt.

Maybe they will not allow you to buy and sell at certain price between each other, because at exchanges we are the ones who do that, but in the bank world, if you buy gold or another currency, they give you a rate, and of course that rate is based on how many people are buying and how many are selling, but there is no orderbook to say. Which is what we will have, a crypto buy/sell feature in all of the banks in the world, it may happen by 2030.

Making price predictions on target is indeed difficult, but this certainly won't prevent anyone from making price predictions like what everyone has in mind. Because crypto experts and crypto analysts are also humans who like to analyze prices and market conditions, so they always prefer to say about price predictions for this year and also for the years to come, even though not all of them can be right on target about this. I personally prefer to take the point that if Bitcoin is this good, of course there is always the possibility of it being even better in the future.

Thanks for this question, after all, we are all speculating and the opinion of people at times counts whether it is in agreement with ours or not. For me, I believe that Bitcoin is still very young and we should continue to take a look at its behaviour for the time being. It has started showing some unexpected movements/behaviours now by hitting its former ATH again which has never happened before and we do not know the extent to which that might delay the rising of the coin this season that people expect halving to help it grow further. Also, what happens between now and next year will determine what will happen afterwards to know whether or not it will break the tradition that people have already known Bitcoin for.

Also, my concern goes to the lack of liquidity to push the asset higher. Though many are not looking towards that angle and many will attack others for it, but the truth be told all the time. Bitcoin needs more investors who are ready to push it to the next important level of $100,000 which is also a psychological level. But if it is unable to hit the level of the bullish season but slips to a long-term bearish mode afterwards, then I can't have such a serious bullish on Bitcoin in 2030, it might hold below $100,000 by then in that sense. But if it does otherwise and breaches above $100,000 this bullish season even if it later slips below it during the bearish season, then in 2030, I will not be surprising to see Bitcoin between $100,000 and $135,000.

I don't even think we will have bear season and bull season, since the ETFs were approved things are slowly changing, IMO. I think bitcoin will operate more like the stock market, there will no longer be bull seasons and bear seasons like before, there will be waves of growth alternating with waves of decline, and in the long run the price of bitcoin will increase up slowly. There will no longer be black swan that cause bitcoin to decrease by 70-80% and then increase by x2, x3.
So making the assumption that 2030 is bear season is not convincing to me, but I agree with you that bitcoin prices will then be much higher than they are now.

My prediction is that 1 bitcoin will still be worth 100M satoshis.

Predicting how high bitcoin will go in 2024 isn't easy to predict. The six-year gap to 2030 is hard to predict. Because bitcoin is so powerful and has so much potential the expected value and estimated growth of bitcoin can be astronomical. Estimates by crypto analysts and industry experts suggest that the long-term value of bitcoin may reach $100k or even a million dollars per BTC in the future.

• What happens this year concerning bull run will have effects on what price bitcoin will be by 2030.
• If the bull run is just over prematurely as many people thinks, by 2030 bitcoin price will still be below $100k
• But if we experience a major bull that will take the price to $100k+, it means that by 2030 bitcoin price will be around $200 or above.
• Government will continue to fight privacy and will continue to win. Just a few portions of bitcoiners will remain private and decentralized.
• Global adoption as more institutions will join the cryptocurrency industry.
• Bitcoin will not be used as a means of payment, rather as an investment asset

To reach 2030, we have to wait for several more years. Thinking about 2024 bitcoin halving and there is a study going around whether bitcoin will reach $100k after this halving. It is difficult to predict where the world will go in the next 6 years because if a war-like issue occurs in the world, for example World War III, it will economically collapse all countries and affect the Bitcoin price. But I don't think any untoward incident will happen by 2030. If Bitcoin crosses $100k by the end of this year or next year, I think it will cross $200k in 2030.