What is your anticipation on bitcoin market capitalization as for 2030 - page 2.

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Quote from: irhact on September 13, 2023, 02:31:53 AM

Quote from: Ojima-ojo on September 09, 2023, 04:47:45 PM

Is bitcoin higher market capitalization, a guarantee of a positive market outcome for bitcoin?

Yes it is, the higher the market capitalization the higher the price of Bitcoin will increase because Bitcoin has a fixed supply. If bitcoin supply was been increased like some altcoins that's when a higher market capitalization won't affect the price but since bitcoin keep reducing in circulating supply as more investors are holding instead of trading Bitcoin always on the market, it means we'll be having less Bitcoin available in the market for trading.

After halving, the supply of Bitcoin been mined also get reduced and that means a lesser amount of Bitcoin coming into the market and there's less bitcoin circulating. Don't forget some bitcoin that are been lost as some individuals died without any heir to their investment.

The lesser amount of bitcoin mined everyday is always a good thing for the long term benefit of bitcoin and its price. That means that there could be maybe some higher transaction fee because of it, but at the same time we are talking about a situation where we could make a good chunk of profit from it as well.

The less money is unearthed at a day, means that day must be a lot easier to move higher and that is why most of the time after halvings are done, the price starts to go up. It takes a while because there could be saved some aside, but when those are done, the price starts to go up because otherwise miners do not make a profit and when they do not sell, the price starts to keep growing more and more.

TimeTeller

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Quote from: ShowOff on September 13, 2023, 02:32:28 PM

Quote from: ScamViruS on September 13, 2023, 02:21:17 PM

Quote from: Silberman on September 12, 2023, 11:17:59 PM

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Short-term prediction usually gives traders disappointing results, which we have seen many times in the past. During the bull run of 2017 everyone was randomly predicting that Bitcoin would go to $30000, but at that time Bitcoin failed to reach this target and at that time Bitcoin had an ATH of almost $20000. During the last bull run, we saw the prediction of $100k very common in the crypto market, but Bitcoin failed to meet everyone's expectations this time, so once again we saw disappointment among everyone.

So by looking at the past behavior of the market it can be assumed that Bitcoin can hit the $100k target in the next bull market and create a new ATH, as I expect this bull run to be more exciting.

History can still repeat itself in the same cycle, but differences or failed predictions are commonplace. Many short-term predictions fail due to the influence of FUD, but some long-term predictions may be correct.

For the upcoming bullish cycle, I think many people would expect the price of bitcoin to exceed $100k, that's obviously still a reasonable prediction given its history, but something different could also happen. Halving can have a good impact on the price of bitcoin because people take advantage of the momentum to buy, but all of us never know what the next ATH of bitcoin will be after the 2024 halving.

Besides, 2030 is a long way to go when you talk about this market. 7 years is like forever in crypto.
We will have better prediction on this aspect maybe couple of years before 2030.
However, if you are thinking about your future here, yes, it is good to have plans for your portfolio.
But do remember, when you get involve in this market, make sure your finances are ready to wait for years if you will take the long-term route.

ShowOff

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Quote from: ScamViruS on September 13, 2023, 02:21:17 PM

Quote from: Silberman on September 12, 2023, 11:17:59 PM

-

Short-term prediction usually gives traders disappointing results, which we have seen many times in the past. During the bull run of 2017 everyone was randomly predicting that Bitcoin would go to $30000, but at that time Bitcoin failed to reach this target and at that time Bitcoin had an ATH of almost $20000. During the last bull run, we saw the prediction of $100k very common in the crypto market, but Bitcoin failed to meet everyone's expectations this time, so once again we saw disappointment among everyone.

So by looking at the past behavior of the market it can be assumed that Bitcoin can hit the $100k target in the next bull market and create a new ATH, as I expect this bull run to be more exciting.

History can still repeat itself in the same cycle, but differences or failed predictions are commonplace. Many short-term predictions fail due to the influence of FUD, but some long-term predictions may be correct.

For the upcoming bullish cycle, I think many people would expect the price of bitcoin to exceed $100k, that's obviously still a reasonable prediction given its history, but something different could also happen. Halving can have a good impact on the price of bitcoin because people take advantage of the momentum to buy, but all of us never know what the next ATH of bitcoin will be after the 2024 halving.

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Quote from: Silberman on September 12, 2023, 11:17:59 PM

Quote from: cryptomaniac_xxx on September 10, 2023, 07:20:42 AM

Quote from: ScamViruS on September 09, 2023, 05:24:33 PM

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Short term predictions have the tendency of exaggerate the price we may see, however as mistaken as the people that predicted 100k during the previous bull run were, it is very likely that bitcoin is going to reach that price during the upcoming bull run, so the prediction itself was not wrong, the mistake was on the time frame in which they believed such a price could be reached, as bitcoin due to its huge market cap is incapable of moving as fast as it did during the previous bull runs.

Short-term prediction usually gives traders disappointing results, which we have seen many times in the past. During the bull run of 2017 everyone was randomly predicting that Bitcoin would go to $30000, but at that time Bitcoin failed to reach this target and at that time Bitcoin had an ATH of almost $20000. During the last bull run, we saw the prediction of $100k very common in the crypto market, but Bitcoin failed to meet everyone's expectations this time, so once again we saw disappointment among everyone.

So by looking at the past behavior of the market it can be assumed that Bitcoin can hit the $100k target in the next bull market and create a new ATH, as I expect this bull run to be more exciting.

irhact

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Quote from: Ojima-ojo on September 09, 2023, 04:47:45 PM

Is bitcoin higher market capitalization, a guarantee of a positive market outcome for bitcoin?

Yes it is, the higher the market capitalization the higher the price of Bitcoin will increase because Bitcoin has a fixed supply. If bitcoin supply was been increased like some altcoins that's when a higher market capitalization won't affect the price but since bitcoin keep reducing in circulating supply as more investors are holding instead of trading Bitcoin always on the market, it means we'll be having less Bitcoin available in the market for trading.

After halving, the supply of Bitcoin been mined also get reduced and that means a lesser amount of Bitcoin coming into the market and there's less bitcoin circulating. Don't forget some bitcoin that are been lost as some individuals died without any heir to their investment.

Silberman

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Quote from: cryptomaniac_xxx on September 10, 2023, 07:20:42 AM

Quote from: ScamViruS on September 09, 2023, 05:24:33 PM

It's too early to predict anything, because the future potential of Bitcoin is so high that Bitcoin marketcap growth is expected, even more than what we expect Bitcoin marketcap to grow. After Bitcoin's next halving, we expect to see a lot of uptrend in the Bitcoin market, resulting in rapid growth of the Bitcoin marketcap. The current Bitcoin market cap is half a trillion dollars, which is much lower than the last bull market. The new bull market could break Bitcoin's ATH again and take Bitcoin to the $3 trillion marketcap that everyone expects. The next 7 years will be a lot in the Bitcoin market, which can be guessed by those who have seen the last two big bull markets. So I will wait until 2030 to see if my expected bitcoin marketcap can be achieved.

And it just shows how difficult really is as far as predicting the movement of bitcoin. Just like in the last bull run, when we have thought that we are going to crossed $100k in price but it didn't happen. And we can go back as far as 2017 when people thought that it will go to $50k, again it didn't happen.

So what more with the anticipation of market cap in the next couple of years to 2030? For sure it will be in trillions as right now we are in that ballpark. So maybe we will see x5 or higher in 2030. But I could be wrong though.

Short term predictions have the tendency of exaggerate the price we may see, however as mistaken as the people that predicted 100k during the previous bull run were, it is very likely that bitcoin is going to reach that price during the upcoming bull run, so the prediction itself was not wrong, the mistake was on the time frame in which they believed such a price could be reached, as bitcoin due to its huge market cap is incapable of moving as fast as it did during the previous bull runs.

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Quote from: Egii Nna on August 13, 2023, 09:53:07 AM

I went on a research on the history of bitcoin, on the process of the research I found out that as of 28 march 2013 bitcoin market capitalization passed $1 billion, which I came to realize if with the high rapid spread of bitcoin global and the introduction of new ways and methods of mining and new traders what is your anticipation on bitcoin market capitalization as of 2030?

It is really difficult to anticipate or even predict the market or how it is going to turn outs in 2030, I mean we dont even know if the cryptocurrency or Bitcoin market is still going to exist at that time because until now Bitcoin market price is still just base on supply and demand, probably right know we can see the market price of Bitcoin continue to skyrocket and sometimes in make a small dip, but because of its volatile market price we could always expect a big dip at any time because the price is just base on supply and demand and if there was no demand already the market price could easily reach 0. We all believed in Bitcoin and cryptocurrency and even though it is still possible for the market price to reach zero its probably not going to happen at all.

But what if for example a war or a lot of natural calamities hit the world that could easily make a big impact so there was still no basis for cryptocurrency for all of its factors even though we are basing our prediction on its past market price, It is still one of the riskiest investment that you could make compared to the stock market, real estates, etc.

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Quote from: Adbitco on September 09, 2023, 04:12:09 PM

Quote from: Baofeng on September 09, 2023, 06:09:34 AM

Quote from: Adbitco on September 07, 2023, 03:54:38 PM

snip

It's really hard to anticipate and predict what will be the price or the market capitalization by 2030. Similar maybe way back 2015, we don't know what will it be in 2020.

And if we could go back and look for old threads here, all their predictions are way short back then because they don't know have any idea how big it will be in the future. Just like what we are right now this year and then how it is going to be in 2030. Our predictions could really fall short with trillions in difference for all we know.

You are correct but sometimes something gets me worried over bitcoin, because as the years goes the more we might witnessed scarcity of bitcoin and at what points? Since because most people do capitalized on this halving and knowing too well that prices changes, this gives people extremely hoping that by 2030 we might see the market in trillion dollars judging from the past historical movement and it has proven to follow its principles that in every 4 years per say we do have a new price changes but we can't give exact value if it could be lower or higher than the previous.

I get your point, however, I guess stating some facts based on it's previous historical logs. And it shows that the cycle or pattern still continues, so we might really see trillions added to the market cap.

And as you have said, scarcity as well, by 2030, we might be closer to 99% of bitcoin being mined already, and so it will really push the price upward. So it's hard to predict as how big the market cap of bitcoin alone.

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Quote from: ScamViruS on September 09, 2023, 05:24:33 PM

It's too early to predict anything, because the future potential of Bitcoin is so high that Bitcoin marketcap growth is expected, even more than what we expect Bitcoin marketcap to grow. After Bitcoin's next halving, we expect to see a lot of uptrend in the Bitcoin market, resulting in rapid growth of the Bitcoin marketcap. The current Bitcoin market cap is half a trillion dollars, which is much lower than the last bull market. The new bull market could break Bitcoin's ATH again and take Bitcoin to the $3 trillion marketcap that everyone expects. The next 7 years will be a lot in the Bitcoin market, which can be guessed by those who have seen the last two big bull markets. So I will wait until 2030 to see if my expected bitcoin marketcap can be achieved.

And it just shows how difficult really is as far as predicting the movement of bitcoin. Just like in the last bull run, when we have thought that we are going to crossed $100k in price but it didn't happen. And we can go back as far as 2017 when people thought that it will go to $50k, again it didn't happen.

So what more with the anticipation of market cap in the next couple of years to 2030? For sure it will be in trillions as right now we are in that ballpark. So maybe we will see x5 or higher in 2030. But I could be wrong though.

ScamViruS

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It's too early to predict anything, because the future potential of Bitcoin is so high that Bitcoin marketcap growth is expected, even more than what we expect Bitcoin marketcap to grow. After Bitcoin's next halving, we expect to see a lot of uptrend in the Bitcoin market, resulting in rapid growth of the Bitcoin marketcap. The current Bitcoin market cap is half a trillion dollars, which is much lower than the last bull market. The new bull market could break Bitcoin's ATH again and take Bitcoin to the $3 trillion marketcap that everyone expects. The next 7 years will be a lot in the Bitcoin market, which can be guessed by those who have seen the last two big bull markets. So I will wait until 2030 to see if my expected bitcoin marketcap can be achieved.

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Quote from: kryptqnick on August 14, 2023, 09:07:34 AM

The Bitcoin's market cap is currently 0.57 trillion dollars, which is already pretty significant, and since the supply is growing very slowly, I think it's ultimately the question of the price and going from there to capitalization. I believe that by 2030, Bitcoin can get to 2 trillion dollars in capitalization, perhaps a bit higher than that. But I'd be surprised if it gets above 5 trillion, to be honest, because I just feel like Bitcoin growth has been slowing down for a while (compare the jump from $1k to $19k in 2017 with $30k to $67k in 2021).

Exactly bitcoin market capitalization will be around 2 billion dollars to 3 billion dollars in 2023, but the ultimate point of debate will be at what price will bitcoin be at that time, since BTCmarket capitalization does not equal value increase, and in some cases, higher market cap may breed a stable market movement which may make some factor that could affect Bitcoin investors.

Is bitcoin higher market capitalization, a guarantee of a positive market outcome for bitcoin?

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Quote from: Baofeng on September 09, 2023, 06:09:34 AM

Quote from: Adbitco on September 07, 2023, 03:54:38 PM

snip

It's really hard to anticipate and predict what will be the price or the market capitalization by 2030. Similar maybe way back 2015, we don't know what will it be in 2020.

And if we could go back and look for old threads here, all their predictions are way short back then because they don't know have any idea how big it will be in the future. Just like what we are right now this year and then how it is going to be in 2030. Our predictions could really fall short with trillions in difference for all we know.

You are correct but sometimes something gets me worried over bitcoin, because as the years goes the more we might witnessed scarcity of bitcoin and at what points? Since because most people do capitalized on this halving and knowing too well that prices changes, this gives people extremely hoping that by 2030 we might see the market in trillion dollars judging from the past historical movement and it has proven to follow its principles that in every 4 years per say we do have a new price changes but we can't give exact value if it could be lower or higher than the previous.

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Quote from: salad daging on September 09, 2023, 03:10:40 PM

Quote from: Baofeng on September 09, 2023, 06:09:34 AM

-snip-

We can only analyze the rest of the time that will answer and see in the next 7 years, this is not a short time bitcoin will definitely go through various things, maybe this scenario will be different and beyond expectations.
Yeah a lot of people certainly see in terms of history and its cycles, if for example trillions it is very possible considering bitcoin will remember every 4 years as a cycle.

People are certainly optimistic about the good prospects for bitcoin's future. There are many things that can be used as benchmarks to analyze it, but none of us can be sure. Bitcoin can move in any direction and its price volatility will not stop. Increased adoption cases will support high demand that keeps its value moving up, but of course the two cycles attached to it will never go away.

I believe bitcoin has a good future despite some of the concerns people have about it. This has motivated me to hold bitcoin longer than before even though at some day I will also put it on the market to sell.

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Quote from: Baofeng on September 09, 2023, 06:09:34 AM

Quote from: Adbitco on September 07, 2023, 03:54:38 PM

2030 by then market could still remains in trillion dollars but who knows what could be the action or what the nature could hold as of then. Looking too well we have just less than 7 years and is something not that much as I believe to say that years often flies which you may not understand how quickly we may gets to 2030. Just as a prediction was made on a thread I came across here, and it says "what could be the price of bitcoin by 2020" I think something like this, and the replies were very funny and mostly all everyone who commented then didn't get the answer and it happens that their answers were far below the price then. So expect what you don't expect by then but mostly be optimistic about the market.

It's really hard to anticipate and predict what will be the price or the market capitalization by 2030. Similar maybe way back 2015, we don't know what will it be in 2020.

And if we could go back and look for old threads here, all their predictions are way short back then because they don't know have any idea how big it will be in the future. Just like what we are right now this year and then how it is going to be in 2030. Our predictions could really fall short with trillions in difference for all we know.

And that is the problem with predicting the future, when we take into account what we knew at the time of making the prediction the prediction makes all the sense on the world, but once you begin to compare it with what it actually happened there are many deviations from your prediction, as the world does not have to comply with our vision, this is why when we look at some of the threads which were created many years ago we see such low predictions, as I remember there were predictions the 2017 bull run will only reach 2k and then the bear market will come, and we know how wrong that prediction was.

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Quote from: Baofeng on September 09, 2023, 06:09:34 AM

It's really hard to anticipate and predict what will be the price or the market capitalization by 2030. Similar maybe way back 2015, we don't know what will it be in 2020.

And if we could go back and look for old threads here, all their predictions are way short back then because they don't know have any idea how big it will be in the future. Just like what we are right now this year and then how it is going to be in 2030. Our predictions could really fall short with trillions in difference for all we know.

Yeah this will be very difficult to know it is still a mystery if for example the market capitalists reach trillions then the price of bitcoin could be $100K more, then what do we expect of course to see high bitcoin prices if capitalists increase.

We can only analyze the rest of the time that will answer and see in the next 7 years, this is not a short time bitcoin will definitely go through various things, maybe this scenario will be different and beyond expectations.
Yeah a lot of people certainly see in terms of history and its cycles, if for example trillions it is very possible considering bitcoin will remember every 4 years as a cycle.

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Quote from: Adbitco on September 07, 2023, 03:54:38 PM

2030 by then market could still remains in trillion dollars but who knows what could be the action or what the nature could hold as of then. Looking too well we have just less than 7 years and is something not that much as I believe to say that years often flies which you may not understand how quickly we may gets to 2030. Just as a prediction was made on a thread I came across here, and it says "what could be the price of bitcoin by 2020" I think something like this, and the replies were very funny and mostly all everyone who commented then didn't get the answer and it happens that their answers were far below the price then. So expect what you don't expect by then but mostly be optimistic about the market.

It's really hard to anticipate and predict what will be the price or the market capitalization by 2030. Similar maybe way back 2015, we don't know what will it be in 2020.

And if we could go back and look for old threads here, all their predictions are way short back then because they don't know have any idea how big it will be in the future. Just like what we are right now this year and then how it is going to be in 2030. Our predictions could really fall short with trillions in difference for all we know.

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Quote from: Sim_card on September 07, 2023, 09:49:03 AM

Market capitalization shouldn't be the problem because we still very far from 2030. It is better that one plan towards having a significant amount of bitcoin towards that year so that it will be very easy for you to make huge profit from your investment. The only way out is hodli with DCA,I think that the market capitalization will be in trillions by then but I can't say the specific number. It is good to plan towards the future because no one can look into the future.

It could end up being a million dollars and I do believe that we are going to end up with something that will make it great for us. I mean think about it, if it is a million dollars by that time (about 2 more halvings at least) that means that we are on the verge of reaching gold marketcap and that would definitely be something to look at.

We should reach to gold marketcap level because we do believe that we should be reaching that level to say that we could actually make a big profit. That should not really be something it's untouchable for us, we should definitely see this possible and that should be doing that by that time. It could definitely do much better than I expect it to be doing at this point.

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2030 by then market could still remains in trillion dollars but who knows what could be the action or what the nature could hold as of then. Looking too well we have just less than 7 years and is something not that much as I believe to say that years often flies which you may not understand how quickly we may gets to 2030. Just as a prediction was made on a thread I came across here, and it says "what could be the price of bitcoin by 2020" I think something like this, and the replies were very funny and mostly all everyone who commented then didn't get the answer and it happens that their answers were far below the price then. So expect what you don't expect by then but mostly be optimistic about the market.

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Without putting too much thought into this, I would expect Bitcoin’s market cap in 2030 to be around three trillion dollars. However, in a best case scenario I could see Bitcoin’s market cap peaking as high as 20 trillion dollars in that time frame. I think 3 trillion is probably a more realistic prediction though.

Sim_card

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Market capitalization shouldn't be the problem because we still very far from 2030. It is better that one plan towards having a significant amount of bitcoin towards that year so that it will be very easy for you to make huge profit from your investment. The only way out is hodli with DCA,I think that the market capitalization will be in trillions by then but I can't say the specific number. It is good to plan towards the future because no one can look into the future.

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