What is your anticipation on bitcoin market capitalization as for 2030

tygeade

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Quote from: michellee on September 19, 2023, 10:22:14 AM

My anticipating? Nothing but still buying to accumulate more Bitcoin. That is the best thing that I have done. Honestly, I do not think much about the Bitcoin market capitalization as of 2030 because that is still 7 years from now.

I better think about it now and wait for my time to buy more Bitcoin. That will be better because I can still focus on what I do. The bitcoin market capitalization will be bigger than now as the adoption process is still running. And when more countries adopt Bitcoin as the payment alternative, that can also affect the bitcoin market capitalization.

Besides that, we do not even know if we are still alive and see what will happen in the next 7 years. You do not have just to research but you should prepare yourself by having many Bitcoin before it is too late.

I think it's time to buy bitcoin right now, because it has already started to go up a bit and if we are too late then we are not going to be able to make a profit that quickly and the result will be quite terrible if we are not careful. I get that it is going to be tough to handle something like that but it would be better to just focus on that as much as you possibly could.

I believe that we are talking about a situation that would be risky if we wait even longer because price could go up and we would be too late. I get that some people rather see the move a lot larger before they make a trade, like they want to see a 10%+ increase before they get in, in order to make sure it will not fall now, but that might be too late.

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Quote from: dezoel on September 22, 2023, 09:24:09 AM

If it was me, it wouldn't take long to decide to invest for the long term because after I check the price history of Bitcoin, I'm then convinced that the coin can only become stronger the more the days, weeks, and so on.. have passed. A lot of us aware that the halving can cause for a price to rise and maybe he also know that fact so he just skipped it and his concerns for now are on the unknown dates. It's indeed taxing to think about it.

It's better to just be calm and prepare for what to happen. If the price dips just HODL or buy more and if it pumps then great. You can now decide if you will sell some or sell all, or continue to HODL for an even better return.

That is the correct move but there are many people that simply do not understand it or even if they do they cannot hold for that long, spending money is easier than ever and this is encouraged by the policies of the governments in turn, so many people have no savings and as such they cannot invest, but even if they had the money they simply lack the ability of buying bitcoin and hold it, as at the first sign of problems they will sell their coins for a loss.

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Quote from: Fara Chan on September 20, 2023, 11:09:12 AM

Quote from: kotajikikox on September 19, 2023, 07:49:50 AM

I don't wanna jump that fast mate because there are even longer that we need to wait like 2024 halving and the 2028 .
why jump fast in 2030 ? this is not that actually why we have to understand , instead we must develop our trust for the next halving.
why have you asked this? are you planning also to invest for that long term?

Maybe he already has the intention to invest in the long term so he asks for a price prediction which looks like a very far jump without looking at the two clear halving periods that will occur before 2030. But on the one hand I think that for now he is already thinking about predictions for the year 2030, our own brain and mental energy will be drained more because in fact everyone will also take advantage of the halving moment by ignoring things that are not important and still have more time to think about it after the 2024 halving occurs.

If it was me, it wouldn't take long to decide to invest for the long term because after I check the price history of Bitcoin, I'm then convinced that the coin can only become stronger the more the days, weeks, and so on.. have passed. A lot of us aware that the halving can cause for a price to rise and maybe he also know that fact so he just skipped it and his concerns for now are on the unknown dates. It's indeed taxing to think about it.

It's better to just be calm and prepare for what to happen. If the price dips just HODL or buy more and if it pumps then great. You can now decide if you will sell some or sell all, or continue to HODL for an even better return.

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Quote from: Silberman on September 20, 2023, 01:15:06 AM

Quote from: michellee on September 19, 2023, 10:22:14 AM

My anticipating? Nothing but still buying to accumulate more Bitcoin. That is the best thing that I have done. Honestly, I do not think much about the Bitcoin market capitalization as of 2030 because that is still 7 years from now.

I better think about it now and wait for my time to buy more Bitcoin. That will be better because I can still focus on what I do. The bitcoin market capitalization will be bigger than now as the adoption process is still running. And when more countries adopt Bitcoin as the payment alternative, that can also affect the bitcoin market capitalization.

Besides that, we do not even know if we are still alive and see what will happen in the next 7 years. You do not have just to research but you should prepare yourself by having many Bitcoin before it is too late.

And that is the right attitude to have, we cannot control what bitcoin will do during the next 7 years, but we can control what we will do during that time, and if we can accumulate enough bitcoin then without a doubt the benefits that we can obtain could change our lives, now it is important to not delay our acquisition of bitcoin, as even if the price of bitcoin does not change as quickly as it did on the past, its price can still move at an amazing speed and we need to do what we can to buy bitcoin while it still remains at such low levels.

That's what I mean. Rather than wasting time just monitoring Bitcoin price movements, we should prepare ourselves by trying to accumulate Bitcoin. That would be better because by accumulating Bitcoin, we can have more Bitcoin while waiting for 7 years.

And when we finally reach the next 7 years and it turns out that the price of Bitcoin can rise very high, we can sell some Bitcoins to take advantage. Moreover, we already know what benefits Bitcoin has for us, so we should try to have more Bitcoin.

And with the current price of Bitcoin, we probably won't have any trouble buying Bitcoins gradually until we can accumulate many Bitcoins.

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Quote from: kotajikikox on September 19, 2023, 07:49:50 AM

I don't wanna jump that fast mate because there are even longer that we need to wait like 2024 halving and the 2028 .
why jump fast in 2030 ? this is not that actually why we have to understand , instead we must develop our trust for the next halving.
why have you asked this? are you planning also to invest for that long term?

Maybe he already has the intention to invest in the long term so he asks for a price prediction which looks like a very far jump without looking at the two clear halving periods that will occur before 2030. But on the one hand I think that for now he is already thinking about predictions for the year 2030, our own brain and mental energy will be drained more because in fact everyone will also take advantage of the halving moment by ignoring things that are not important and still have more time to think about it after the 2024 halving occurs.

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Quote from: michellee on September 19, 2023, 10:22:14 AM

My anticipating? Nothing but still buying to accumulate more Bitcoin. That is the best thing that I have done. Honestly, I do not think much about the Bitcoin market capitalization as of 2030 because that is still 7 years from now.

I better think about it now and wait for my time to buy more Bitcoin. That will be better because I can still focus on what I do. The bitcoin market capitalization will be bigger than now as the adoption process is still running. And when more countries adopt Bitcoin as the payment alternative, that can also affect the bitcoin market capitalization.

Besides that, we do not even know if we are still alive and see what will happen in the next 7 years. You do not have just to research but you should prepare yourself by having many Bitcoin before it is too late.

And that is the right attitude to have, we cannot control what bitcoin will do during the next 7 years, but we can control what we will do during that time, and if we can accumulate enough bitcoin then without a doubt the benefits that we can obtain could change our lives, now it is important to not delay our acquisition of bitcoin, as even if the price of bitcoin does not change as quickly as it did on the past, its price can still move at an amazing speed and we need to do what we can to buy bitcoin while it still remains at such low levels.

michellee

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Quote from: Wiwo on September 19, 2023, 05:36:33 PM

Quote from: michellee on September 19, 2023, 10:22:14 AM

My anticipating? Nothing but still buying to accumulate more Bitcoin. That is the best thing that I have done. Honestly, I do not think much about the Bitcoin market capitalization as of 2030 because that is still 7 years from now.

I better think about it now and wait for my time to buy more Bitcoin. That will be better because I can still focus on what I do. The bitcoin market capitalization will be bigger than now as the adoption process is still running. And when more countries adopt Bitcoin as the payment alternative, that can also affect the bitcoin market capitalization.

Besides that, we do not even know if we are still alive and see what will happen in the next 7 years. You do not have just to research but you should prepare yourself by having many Bitcoin before it is too late.

You sound to be highly aggressive on you Bitcoin accumulation approach a d that is a good step in accumulating Bitcoin using the DCA approach, and at that you may even not be speculating the price of Bitcoin in the next 7 year which is 2030 as stated by the ops, but also still we have to take note of what the impact of Bitcoin market capitalization on the price of Bitcoin.

Since in 2030 Bitcoin may have gone through 2 halving cycle that would have reduced it block size, and more also having a high Bitcoin price at that point that bitcoin accumulation may become too expensive at that stage.

It's not aggressive but that's roughly what I would do in accumulating Bitcoin using the DCA approach. I just want to own more Bitcoin using the DCA approach so maybe you think I'm being too aggressive and that's okay. I only occasionally monitor Bitcoin market movements, including observing trend lines and sometimes spot trading to look for additional profits.

By going through these 2 cycles, I think there may be an increase in the price of Bitcoin and it could be that the price of Bitcoin will be above $250k. And if we don't start accumulating Bitcoin now, we might find it difficult to buy Bitcoin because the price has soared high. We will need more money to get a lot of satoshis. And I don't want that to happen so I decided to continue doing DCA from now on.

We can only try to accumulate as many Bitcoins as possible before everything changes. And while we still have the opportunity to do so, we better start accumulating more Bitcoins.

milewilda

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Quote from: Wiwo on September 19, 2023, 05:36:33 PM

Quote from: michellee on September 19, 2023, 10:22:14 AM

My anticipating? Nothing but still buying to accumulate more Bitcoin. That is the best thing that I have done. Honestly, I do not think much about the Bitcoin market capitalization as of 2030 because that is still 7 years from now.

I better think about it now and wait for my time to buy more Bitcoin. That will be better because I can still focus on what I do. The bitcoin market capitalization will be bigger than now as the adoption process is still running. And when more countries adopt Bitcoin as the payment alternative, that can also affect the bitcoin market capitalization.

Besides that, we do not even know if we are still alive and see what will happen in the next 7 years. You do not have just to research but you should prepare yourself by having many Bitcoin before it is too late.

You sound to be highly aggressive on you Bitcoin accumulation approach a d that is a good step in accumulating Bitcoin using the DCA approach, and at that you may even not be speculating the price of Bitcoin in the next 7 year which is 2030 as stated by the ops, but also still we have to take note of what the impact of Bitcoin market capitalization on the price of Bitcoin.

Since in 2030 Bitcoin may have gone through 2 halving cycle that would have reduced it block size, and more also having a high Bitcoin price at that point that bitcoin accumulation may become too expensive at that stage.

Not a sure thing but with those numbers and situations where block rewards had been halved for 2x plus the recognition on the time or awareness then we could really be able to assume that it would really be that expensive on that time but somehow we dont really actually know since it is really just that still 7 years away and we know that there's no way on knowing on what the future would really like be, this is why we do really keep on speculating and trying out to figure on possibilities basing up on the factors been mentioned above. If you are really that longing for its potential for more years to come then it would really be that wise on trying out to accumulate now while its still cheap. Dont make yourself get missed another train which we had been able to experience those bitter things on past 2 halvings which even myself keep banging on my head on why i hadnt
been able to buy while its really that still cheaper. People would really be starting on making their move or plans on the time that the price makes some movement but we know that its always been hard to predict
on where it would be going and this is why its not really that shocking that people will really be hesitating on what they should gonna do specially on buying.

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I don't think anybody in this world can ever determine the size of marketcap BTC may hold at any point of time in the near future or later. The reason behind this is because BTC is a totally speculative asset and if a single institutional investor decides to dump it in order to save itself from going broke, not only will that firm but others who are in crypto will also suffer. I don't think there will be anything new like mining when we are talking about BTC as its supply is limited and nobody would ever want to change it (for which hard forks are available). However, when I see people comparing BTC to Gold (gold's mcap is nearly $13 trillion), then $13 trillion/21 million BTC = ~$620k

When we talk about BTC touching a million, then this is possible, however I wonder who will buy BTC when it reaches this point or even more Wink

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Quote from: michellee on September 19, 2023, 10:22:14 AM

My anticipating? Nothing but still buying to accumulate more Bitcoin. That is the best thing that I have done. Honestly, I do not think much about the Bitcoin market capitalization as of 2030 because that is still 7 years from now.

I better think about it now and wait for my time to buy more Bitcoin. That will be better because I can still focus on what I do. The bitcoin market capitalization will be bigger than now as the adoption process is still running. And when more countries adopt Bitcoin as the payment alternative, that can also affect the bitcoin market capitalization.

Besides that, we do not even know if we are still alive and see what will happen in the next 7 years. You do not have just to research but you should prepare yourself by having many Bitcoin before it is too late.

You sound to be highly aggressive on you Bitcoin accumulation approach a d that is a good step in accumulating Bitcoin using the DCA approach, and at that you may even not be speculating the price of Bitcoin in the next 7 year which is 2030 as stated by the ops, but also still we have to take note of what the impact of Bitcoin market capitalization on the price of Bitcoin.

Since in 2030 Bitcoin may have gone through 2 halving cycle that would have reduced it block size, and more also having a high Bitcoin price at that point that bitcoin accumulation may become too expensive at that stage.

YOSHIE

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Quote from: Egii Nna on August 13, 2023, 10:53:07 AM

what is your anticipation on bitcoin market capitalization as of 2030?

I think you are too quick to speculate and anticipate Bitcoin, it will take another 7 years to reach 2030, for me there is no thought of correcting the spike in Bitcoin prices for that year.

Indeed, if you look at various sources regarding speculation, Bitcoin in that year was very interesting and scary, there were people who speculated that Bitcoin reached $5 million, If that happens it will be something fantastic and extraordinary, but whether it can happen, only time will know.

Significantly, of course if Bitcoin can be ranked at $5 million, of course anticipation must be done now, for me 7 years is a short time if you look at the current state of the world, you can just imagine, We still haven't forgotten about the Christmas celebrations in 2023, but without realizing it, we have already entered the end of the year, soon we will enter 2024, isn't time going by so fast, what is certain is that the anticipation is very big for Bitcoin in the future.

michellee

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My anticipating? Nothing but still buying to accumulate more Bitcoin. That is the best thing that I have done. Honestly, I do not think much about the Bitcoin market capitalization as of 2030 because that is still 7 years from now.

I better think about it now and wait for my time to buy more Bitcoin. That will be better because I can still focus on what I do. The bitcoin market capitalization will be bigger than now as the adoption process is still running. And when more countries adopt Bitcoin as the payment alternative, that can also affect the bitcoin market capitalization.

Besides that, we do not even know if we are still alive and see what will happen in the next 7 years. You do not have just to research but you should prepare yourself by having many Bitcoin before it is too late.

kotajikikox

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Quote from: Egii Nna on August 13, 2023, 10:53:07 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?

I don't wanna jump that fast mate because there are even longer that we need to wait like 2024 halving and the 2028 .
why jump fast in 2030 ? this is not that actually why we have to understand , instead we must develop our trust for the next halving.
why have you asked this? are you planning also to invest for that long term?

WatChe

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Quote from: Adbitco on September 09, 2023, 05:12:09 PM

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.

TBH there is nothing we can say what price and adoption Bitcoin will have in 2023. Right now all eyes are on the halving event that is coming up next year. Although it's not confirmed that Bitcoin may rise after havling but there is speculation based on previous halvings. Price of Bitcoin is very much stable in 25 to 30k window and this tells the story that momentum is building for a bull run. No one wants to miss this piece of cake and thats why the majority are hodling.

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Quote from: irhact on September 13, 2023, 03:31:53 AM

Quote from: Ojima-ojo on September 09, 2023, 05:47:45 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.

That means we are set for a more exciting years ahead with Bitcoin because bitcoin market capitalization have hit ATh multiple time within the last months and this should become a positive sign for a more promising Bitcoin market price in the coming months.

Yes since the bitcoin halven will reduce Bitcoin supply by half, it then means that, bitcoin will be having higher value a guarantee of 2x price as all time, since it current supply will be halfed during the halven.

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Quote from: Silberman on September 16, 2023, 02:03:05 AM

Quote from: Captain Corporate on September 14, 2023, 05:45:45 PM

Higher price would not be really that shocking when you consider it fully. I mean we are talking about a situation that should be improving with time, that's what bitcoin price is all about. The real topic should be if people would be able to wait that long, because I have met with a lot of people in the crypto world and I can tell you that %95+ of them can't or won't hold bitcoin for 7 years in a row. I guarantee you that if you buy bitcoin now, and keep buying some more later on whenever you can, and keep doing that for 7 years without selling? You are going to get a lot richer than your current situation. However, even with this information, most people will not do it.

I have seen this too many times, people deep down know what they need to do to improve their lives but they simply refuse to do it, a clear example of this is losing weight, it is not a mystery that if you want to lose a few pounds you need to exercise and eat in a more healthy way, but are people willing to do it? No, despite knowing how they can improve their health by losing some weight they refuse to do it and instead hope a miracle product will allow them to reach their goals with no effort at all, a circumstance that is suspiciously similar to what happens in this market as people want to invest in shitcoins in order to become rich.

He suggested that this might be the case since, despite the fact that there is a significant price drop for Bitcoin every year, the value of Bitcoin continues to rise. However, I have not witnessed a decline in the price of Bitcoin during any of the recent bull runs.

Then, for those who think Bitcoin would climb after a year, everything he said holds true. The sole difference between Bitcoin and mutual funds, in the eyes of the others, may be that Bitcoin is more erratic. I only take notice of that aspect of it.

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Quote from: Captain Corporate on September 14, 2023, 05:45:45 PM

Higher price would not be really that shocking when you consider it fully. I mean we are talking about a situation that should be improving with time, that's what bitcoin price is all about. The real topic should be if people would be able to wait that long, because I have met with a lot of people in the crypto world and I can tell you that %95+ of them can't or won't hold bitcoin for 7 years in a row. I guarantee you that if you buy bitcoin now, and keep buying some more later on whenever you can, and keep doing that for 7 years without selling? You are going to get a lot richer than your current situation. However, even with this information, most people will not do it.

I have seen this too many times, people deep down know what they need to do to improve their lives but they simply refuse to do it, a clear example of this is losing weight, it is not a mystery that if you want to lose a few pounds you need to exercise and eat in a more healthy way, but are people willing to do it? No, despite knowing how they can improve their health by losing some weight they refuse to do it and instead hope a miracle product will allow them to reach their goals with no effort at all, a circumstance that is suspiciously similar to what happens in this market as people want to invest in shitcoins in order to become rich.

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In my honest opinion, maybe what I expect Bitcoin's market capitalization to be in the coming year 2030 is between 1 trillion and 10 trillion dollars. This is my speculation about what will happen from now on after 7 years. But I'm not saying this is what will actually happen.

There are still many factors that can affect Bitcoin, and one of them is its adoption, which will happen in the coming years.
The regulation of cryptocurrencies in different countries and the changing economy as well.

So the perceptions I mentioned it could be higher or lower than that; that's just the simplicity of my assessment.

Captain Corporate

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Higher price would not be really that shocking when you consider it fully. I mean we are talking about a situation that should be improving with time, that's what bitcoin price is all about. The real topic should be if people would be able to wait that long, because I have met with a lot of people in the crypto world and I can tell you that %95+ of them can't or won't hold bitcoin for 7 years in a row. I guarantee you that if you buy bitcoin now, and keep buying some more later on whenever you can, and keep doing that for 7 years without selling? You are going to get a lot richer than your current situation. However, even with this information, most people will not do it.

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Quote from: sana54210 on September 14, 2023, 11:42:15 AM

Quote from: irhact on September 13, 2023, 03:31:53 AM

Quote from: Ojima-ojo on September 09, 2023, 05:47:45 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.

Always the matter of supply and demand in the end of the day on which it would really be just that normal on what prices should really be. Halving events do really lessen up those mined coins and if the demand is there for sure then value increases up but talking up literally on how much coins left to be mined then it isnt really that something big comparing on whats the current actual circulation or mined coins already.
Marketcap for 2030 with Bitcoin? Definitely on trillions but we dont know on how many trillions that it would be. We should only bare in our minds that only a few in the overall population on which do knows about Bitcoins existence or simply talking about less people do still knows about it which means that there's still a plenty of room to grow. Better not to make yourself that too mindful when it comes to price but rather see its potential and its utility which it would really be making yourself that positive when it comes to this. If you do keep mind about the potential price or value on those future years then it would really be just that creating that
sort of stress or might be resulting on getting those bad decision making due to lack of patience or cant wait even more longer.

sana54210

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Quote from: irhact on September 13, 2023, 03:31:53 AM

Quote from: Ojima-ojo on September 09, 2023, 05:47:45 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, 03:32:28 PM

Quote from: ScamViruS on September 13, 2023, 03:21:17 PM

Quote from: Silberman on September 13, 2023, 12:17:59 AM

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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, 03:21:17 PM

Quote from: Silberman on September 13, 2023, 12:17:59 AM

-

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 13, 2023, 12:17:59 AM

Quote from: cryptomaniac_xxx on September 10, 2023, 08:20:42 AM

Quote from: ScamViruS on September 09, 2023, 06:24:33 PM

~~

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.

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Quote from: Ojima-ojo on September 09, 2023, 05:47:45 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.

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Quote from: cryptomaniac_xxx on September 10, 2023, 08:20:42 AM

Quote from: ScamViruS on September 09, 2023, 06:24:33 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, 10:53:07 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, 05:12:09 PM

Quote from: Baofeng on September 09, 2023, 07:09:34 AM

Quote from: Adbitco on September 07, 2023, 04:54:38 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, 06:24:33 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.

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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, 10:07:34 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, 07:09:34 AM

Quote from: Adbitco on September 07, 2023, 04:54:38 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, 04:10:40 PM

Quote from: Baofeng on September 09, 2023, 07:09:34 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, 07:09:34 AM

Quote from: Adbitco on September 07, 2023, 04:54:38 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, 07:09:34 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, 04:54:38 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, 10:49:03 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.

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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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Quote from: Egii Nna on August 13, 2023, 10:53:07 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?

This is a rhetorical question and no one can tell you confidently and be certain that this will be the anticipated bitcoin market capitalization in 2030. All the replies you’ll get here are all based on speculations coming from past events, market movements etc. What you need to know is that the bitcoin market capitalization will continue to increase and will surpass the previous amount after every year and halving cycles. It might experiences some back drops at some point, but it is not definite to remain so for long and will have a higher price between each halving cycles.

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Quote from: flyingcarpet on September 04, 2023, 08:14:20 AM

Quote from: kryptqnick on August 14, 2023, 10:07:34 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).

I think Bitcoin will surprise us in the coming years. The progress of something can be at a certain rate up to a certain level, but after a point, this progress can jump in an instant. There is also this possibility for Bitcoin. Therefore, it is very difficult to predict. I think it will be many times more than it is today, but I have no idea how many times more it will be.

For example, if governments accept Bitcoin legally in the coming years, the numbers we predict may be very low.

It is possible, we must not forget that bitcoin is a network, and just like on the early stages Facebook was only used by a small community of people, at some point the number of users reached a high level and eventually almost everyone all over the world was using Facebook in a short amount of time, so a similar situation could happen with bitcoin, however no one really knows how high the level of adoption needs to be in order for that to happen.

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Quote from: kryptqnick on August 14, 2023, 10:07:34 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).

I think Bitcoin will surprise us in the coming years. The progress of something can be at a certain rate up to a certain level, but after a point, this progress can jump in an instant. There is also this possibility for Bitcoin. Therefore, it is very difficult to predict. I think it will be many times more than it is today, but I have no idea how many times more it will be.

For example, if governments accept Bitcoin legally in the coming years, the numbers we predict may be very low.

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Quote from: Egii Nna on August 13, 2023, 10:53:07 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?

At each bull run, Bitcoin surpasses its previous all time high price. If the halving event is added to this, the value of Bitcoin will definitely increase tremendously. Such an environment has already been created among investors. Everyone wants to increase their investment in Bitcoin. Many are already completing their investments and many are preparing. Recently Bitcoin is a bit bearish for the time being, but it is fully poised to turn bullish. If halving happens every four years then we expect a halving event in 2024 and then another one will happen before 2030. So one can easily imagine how much Bitcoin will reach at that period. But based on the market potential we can expect minimum 3 trillion market cap by 2030.

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There is still a a lot of time for 2030 to be honest. During this anything and everything can happen. Yes from the past you can estimate that adoption of Bitcoins have increased a lot. Now more people is demanding to accumulate Bitcoins, but as we know that Bitcoins are limited in numbers, hence the price will go up, in order to meet the demand. I am assuming Bitcoins will become one of the biggest digital asset by the end of 2030.

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Quote from: Egii Nna on August 13, 2023, 10:53:07 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?

so you are asking for a 13 year market capitalization difference when we are in 7 years before 2030 comes,
from a billioin in 2013 look how far it crossed? https://coinmarketcap.com/currencies/bitcoin/ I don't wanna exaggerate but sure it will not fall bellow a trillion or 2?
because it already hit a trillion

Bitcoin (BTC) had the highest market capitalization of $1.28 trillion on November 9, 2021. Any cryptocurrency's market capitalization is determined by multiplying its current price by the total number of coins or tokens in circulation.

https://www.google.com/search?q=highest+bitcoin+capitalization&rlz=1C1KNTJ_enPH946PH946&oq=highest+bitcoin+capitalization&gs_lcrp=EgZjaHJvbWUyBggAEEUYOTIICAEQABgWGB4yCggCEAAYhgMYigXSAQkxMzUwMmowajeoAgCwAgA&sourceid=chrome&ie=UTF-8

so i think it will be more than doubled in that long 7 years from now.

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Quote from: stompix on August 14, 2023, 04:39:28 PM

Quote from: SamReomo on August 13, 2023, 01:27:32 PM

It's expected that the market capitalization of Bitcoin is going to be around 10 to 15 trillion by 2030 but it's still too early to predict that how high the market cap will go by then. The Bitcoin is going to get its upcoming halving event in 2024 and the next one after that is expected to be anywhere around 2028, and if we look at the history of Bitcoin then after each halving event the price as well as the market cap of Bitcoin has got quite noticeable growth.

And if we look in pure terms of $, from 2009 till now the market cap has grown in 14 years from 0 (let's say) to $500 billion. Now, to reach 15 trillion in 2030 it would need to grow 30 times more in half that interval, so it would need on average 60 times more investment than previously! Is it still that plausible?

I have been doing the calculation to answer the question conservatively and I believe that it will reach those levels. However, I see that you are basing your calculation on absolute figures, in millions of dollars, and I am basing it on percentages.

This cycle the maximum has been approximately 3.5X the peak of the previous cycle. Going into future cycles, as the price and market cap increases it is more difficult to move the price, I would guess an even lower percentage return of about 2.7X. That would give a peak of $0.5M for the cycle after halving, certainly by 2029 if the pattern repeats. But let's say for the sake of argument that the peak is reached by 2030. $0.5M for 20M or so Bitcoin gives us a market cap of $10T.

This is on paper, a lot can happen between now and then.

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Quote from: Silberman on September 02, 2023, 01:22:05 AM

Quote from: Egii Nna on August 13, 2023, 10:53:07 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?

The only honest answer I can give is that its market capitalization is going to be several times higher than now, but no one really knows how high it will be as a lot can happen in seven years, after all during that period of time we will most likely see two bull runs, and it is also possible we could experiment an economic crisis at the time, increasing the awareness and adoption of bitcoin all over the world, meaning that anyone thinking about investing in bitcoin needs to do it now as it will not be long until people will be amazed you could buy bitcoin at 25k.

Predicting the capitalization of bitcoin is no different than predicting the price of bitcoin, and we all know that it is impossible. But with bitcoin's strong and almost unstoppable growth, we can only be sure that bitcoin's capitalization will skyrocket soon, but I do not believe that it can surpass gold's capitalization anytime soon, as some people predicted. As of now, the capitalization of gold is still nearly 20 times higher than bitcoin and this is quite a distance and it will not be easy for bitcoin to catch up.

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Quote from: Egii Nna on August 13, 2023, 10:53:07 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?

The only honest answer I can give is that its market capitalization is going to be several times higher than now, but no one really knows how high it will be as a lot can happen in seven years, after all during that period of time we will most likely see two bull runs, and it is also possible we could experiment an economic crisis at the time, increasing the awareness and adoption of bitcoin all over the world, meaning that anyone thinking about investing in bitcoin needs to do it now as it will not be long until people will be amazed you could buy bitcoin at 25k.

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This is pretty fascinating. Bitcoin has been growing really fast, and it's likely that by 2030, there will be twice as many people using Bitcoin. But here's the thing, even though there will be a lot of addresses holding Bitcoin, only a few will be holding it for a long time.

About three years ago, Bitcoin's total value went up to around $80 billion, which was even more than Facebook's value. It jumped by almost $100 billion in just one week. During all this time until now, many Bitcoins have been lost and can't be used anymore. So, the traditional market cap numbers are not very representative of what actually exists.

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Quote from: Egii Nna on August 13, 2023, 10:53:07 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?

I assume that it strongly depends on dollar inflation rate. Until 2030, many dramatic things can happen to both parts of BTC/USD ratio. Capitalisation may increase not due to actual rise in the price of btc, but due to its stability: bitcoin can turn out to be more stable than dollar. In this case BTC won't be more expensive: it will just conserve its value, while dollar wont. The other things which may affect the capitalisaton include regulatory issues, changes in mining facilities, improvements in wallet networks, and changes in protocols.

Lucius

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Quote from: stompix on August 14, 2023, 04:39:28 PM

Quote from: bittraffic on August 14, 2023, 11:42:35 AM

It was 3Trillions back in 2021.

No, it wasn't! It peaked at 1.2 trillion, for 19 million coins to be worth 3 trillion it would have needed a price of of more than $150k per coin, and that never happened.
~snip~

It's funny how some people pull numbers out of their hats as if there is no difference between $1 trillion or $3 trillion, and if you ask them how much $1 trillion (billions or maybe millions) is, I wonder how many of them would know the answer to that question...

No one can give a precise answer to such questions, so perhaps it is best to say that in 2030 all mined BTC will certainly be worth much more than today, even if the price remains the same as today.

If we take into account the scenario that, for example, the price of 1 BTC around 2030 will be $200 000 and that at the beginning of the same year 20 425 781.25 will be mined, then the total value would be around $4 trillion. I think that is a realistic number, although some will think that by then the price of BTC should be much higher than I assumed, but that is not an obstacle to play with the numbers a little and make your own speculation Wink

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Quote from: SamReomo on August 13, 2023, 01:27:32 PM

It's expected that the market capitalization of Bitcoin is going to be around 10 to 15 trillion...

That's a huge number and with that capitalization meaning bitcoin will surpass the gold market cap, I don't think bitcoin will do that unless by 2030 it's recognized worldwide. Although bitcoin has had impressive growth in the past, its growth rate is gradually slowing down because the bigger it gets, the slower it will grow. Currently bitcoin's market cap is just over $500 billion and to reach $10 trillion that means bitcoin needs to grow 20x from now, I don't believe bitcoin will.

tbct_mt2

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Quote from: Egii Nna on August 13, 2023, 10:53:07 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?

To calculate a Bitcoin market capitalization, you must have its total supply and its price or you will need its circulating supply for diluted market capitalization.

To simplify, you can think of Bitcoin price in 2030. In that year, Bitcoin will have to go through 2024, 2028 halvings, two more halvings. If $69k is top of 2020 - 2021 bull run, I expect Bitcoin will make two new all time highs after 2024 and 2028 halvings. I think it is realistic for Bitcoin to make its price to $150,000 or $200,000 in 2030.

But remember 2030 will be a bear market, not bull market so price from $150,000 or $200,000 is my expectation for Bitcoin price as its highest price in 2028 - 2029 bull market, not in 2030.

mindrust

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Quote from: Egii Nna on August 13, 2023, 10:53:07 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?

Multiple trillion dollars probably. Bitcoin has a limited supply and lots of demand from people. The prices can only go one way and it is not down. Till 2030, 2 more halvings will happen and bitcoin will become even more scarce than now. It will be very hard to mine new coins and that means the prices will skyrocket to the moon. I am not sure about this but even 10 trillion use marketcap is possible. You may find it impossible right now but remember, people thought $10k/btc or $50k/btc was impossible too and yet both of them happened anyway.

FanEagle

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I am sure that it is going to be something major, I can't give you the exact number but I am sure that it will be a huge number when the time comes. We just need to make sure that it does as well as we hope it does. 2030 means that it is going to be pretty high, and that is why we need to be more careful about it.

A lot of people are still worried about the situation a lot, but that doesn't mean that we are going to act according to those who are worried, we are going to move according to what the market says and the market will take it higher and higher by that time. This is why I constantly invest into bitcoin, that is definitely the best way to invest for me and I will keep doing that as much as I can.

Afnan_faizah

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become early adopter always the best thing that we can do, the market capitalization is tend to rise also the price will also rise although it's also volatile. but it will not give us significant benefits if we don't have any bitcoin. I saw many people disappointed because they sold their bitcoin, I think it will be better if we hold btc in long term.

GreatArkansas

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What I am really expecting for Bitcoin is we will have a new all-time high price besides the $69,000 ATH.

We can easily get back to the current all-time high especially if we will experience the parabolic run that happened on last 2017-2018 when $20,000 peaked and dropped after it.
That's what I am looking forward to, if we breach the current all-time high, then that all-time high will become huge support that we will visit again just to test.

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Quote from: bittraffic on August 14, 2023, 11:42:35 AM

It was 3Trillions back in 2021.

No, it wasn't! It peaked at 1.2 trillion, for 19 million coins to be worth 3 trillion it would have needed a price of of more than $150k per coin, and that never happened.

Quote from: Egii Nna on August 13, 2023, 10:53:07 AM

and the introduction of new ways and methods of mining

Yeah, fracking, dredging, lunar mining, and so on!
You can't introduce "new" methods of mining without changing Bitcoin and that would mean the end of it.

Quote from: SamReomo on August 13, 2023, 01:27:32 PM

It's expected that the market capitalization of Bitcoin is going to be around 10 to 15 trillion by 2030 but it's still too early to predict that how high the market cap will go by then. The Bitcoin is going to get its upcoming halving event in 2024 and the next one after that is expected to be anywhere around 2028, and if we look at the history of Bitcoin then after each halving event the price as well as the market cap of Bitcoin has got quite noticeable growth.

And if we look in pure terms of $, from 2009 till now the market cap has grown in 14 years from 0 (let's say) to $500 billion. Now, to reach 15 trillion in 2030 it would need to grow 30 times more in half that interval, so it would need on average 60 times more investment than previously! Is it still that plausible?

Quote from: Wimex on August 14, 2023, 04:16:09 PM

Another factor that could have a considerable impact on bitcoin's market capitalization would be the deflationary nature of Bitcoin, with a maximum supply of 21 million coins, it would manage to influence its value as fewer coins are mined over time.

Bitcoin is not deflationary right now and won't be till 2030 either, the fact that you still have more Bitcoins getting mined every day is clearly a sign of this, you have an increased supply of coins!

lionheart78

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Given the thought that Bitcoin will break its ATH for more than 200% and then go down by around 50% the following cycle and Break its ATH for more than 100%, I do not think that Bitcoin will breach the Quadrillion dollar market cap, so yeah just like the anticipation of the first reply, Bitcoin might be in a Trillion dollar market cap by 2030. There is nothing more to add because this is just an speculation, after all no one knows the future.

Wimex

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I imagine that if Bitcoin adoption continues to grow globally, we could see increased demand, which could lead to an increase in its market capitalization… The entry of financial institutions and large companies into the Bitcoin space could also have a significant impact. On the other hand I feel that Government regulations in different countries can affect the adoption and value of Bitcoin, these could boost growth.

Another factor that could have a considerable impact on bitcoin's market capitalization would be the deflationary nature of Bitcoin, with a maximum supply of 21 million coins, it would manage to influence its value as fewer coins are mined over time. Besides halving events, which halve miner rewards, could also have an impact on supply and demand. Whatever it is, many of us hope that it will reach a high enough capitalization to satisfy our expectations.

Marykeller

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It will be inappropriate to start discussing how much market capitalization will Bitcoin be worth in seven years. Whereby the halving and bull run season are the only things on everyone's mind. By the way, before 2030, we would experience two different halving and bull run seasons before we get to 2030. And there's a big possibility that the market capitalization will be hitting $3 trillion.

All the same, it would have been wiser for us to make predictions about bitcoin's market capitalization for 2030, if we are in the year 2026. By that time, we would have a clear view of the target market capitalization for Bitcoin in 2030.

CryptoHeadlineNews

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Quote from: Egii Nna on August 13, 2023, 10:53:07 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,

First of all, before coming to such conclusion, there are two factors that can determine if the market capitalization of Bitcoin was above $1 billion in 2013 or not, and that is it's price & how BTC in circulation as of then, which from my little research as shown below, you can see that back then in August 2013, the price of BTC was $104 with over 11,493,712 BTC in circulation as of then, which if you are to multiply $104 x 11,493,712 BTC = 1,195,346,048. And it clearly shows that your answer was correct that the market cap of Bitcoin rose to $1 billion in 2013

Quote

what is your anticipation on bitcoin market capitalization as of 2030?

The market capitalization of Bitcoin is always shown on "coinmarketcap" and the current market cap of bitcoin is
$573,644,608,584

bittraffic

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It was 3Trillions back in 2021. It will be more than 3Trillion probably more than 10 Trillion if they count how many folds it did after 2013.

Considering the things that are going on in the economy, it will be easy to imagine people flocking in crypto when the bull run starts creeping up because everyone wants to make money when the QE starts. Blackrock has 10 Trillion in their pockets, so it should make sense they are not just the one pouring money into BTC.

rat03gopoh

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If bitcoin once again reaches its highest cap, it means that it is very liquid. I personally can't speculate well about total cap, is it that every historical achievement on this side is always related to a 4 year cycle. I tend to think more about the ATH price than the cap, and have no idea how important that will be to my bitcoin planning going forward. Tongue

Agbe

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Ah!! 2030 most of us are grandfathers and mothers. This anticipation is too early to discuss, it would have been anticipated either 2025 or 2026. Bitcoin is increasing every year so by that your 2030 bitcoin market capitalization will be very high and it will be $5 trillion. @ SamReomo your market capitalization is over rated oh, omen, that is high well that is good ambition, but calm down small. Op foreseen the market is good but how main coins will be in your possession is another big question. When the time reach and there is no coin for you to enjoy the market at time will be a painful something so yours is to accumulate now and focus on hodling.

348Judah

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Quote from: Egii Nna on August 13, 2023, 10:53:07 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?

There no limitations to how far we can go with bitcoin market capitalization anytime henceforth as long as bitcoin adoption continuous all over the world, which also indicates that on every month and yearly basis, we are likely to keep on having an increasing numbers of bitcoin users and which in respect will also be an avenue to increase the market cap in it, 2030 is a year we cannot completely predict the precise rate but we are going more far ahead of where we are now before then.

Jawhead999

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DCA.

There's no good answer than DCA because you're looking to achieve something big in the future, 7 years is still long to go and make sure you're have a strong mental to not sell your coins during bear season, instead use that moment to accumulate more Bitcoin.

Don't wait until the dip to buy Bitcoin, you will not know when is the right time.

kryptqnick

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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).

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Quote from: Egii Nna on August 13, 2023, 10:53:07 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's expected that the market capitalization of Bitcoin is going to be around 10 to 15 trillion by 2030 but it's still too early to predict that how high the market cap will go by then. The Bitcoin is going to get its upcoming halving event in 2024 and the next one after that is expected to be anywhere around 2028, and if we look at the history of Bitcoin then after each halving event the price as well as the market cap of Bitcoin has got quite noticeable growth.

I don't think that there would be other methods of mining because we already have the advanced methods of mining and maybe during 2030's those chips may get better due to fabrication technology. We already have very powerful ASIC miners which are run by the one who are trying to mine Bitcoin and there won't be much improvement in that technology in 6 years. But, still the current miners will get faster during 2030's without any doubt and they will be more energy efficient by design.

Faisal2202

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#SWGT CERTIK Audited

It would be in trillions by then nothin is for sure just my anticipation, because highest market cap of BTC was $1.28 Trillion back in 2021 and it will break this record once again till 2030 at least for sure. Then i don't think the market cap is going to be in the line of quadrillion but i can say it must be in trillions hehe.

That's for sure.

Egii Nna

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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?

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