Topic: Where do we see the price of bitcoin after 3 decades (Read 379 times)

That is a long year in this market.

We can't even predict what will exactly happen after 1 or 2 years, let alone 3 decades. I hope that Bitcoin will be having that adoption it deserves in that year especially that Paypal started to accept it. That 3 decades might be the years where Bitcoin is prominent in online transactions and where alternatives would be emerging.

But in this section you can see people shouting right to buy or buy now, investors should be the one to decide for themselves when is the right time to buy, what you are reading about people posts are just opinion, it's your opinion that matters when it comes to investing because you are responsible for your gains and losses.

I think it would be difficult to conclude the price of bitcoin after 3 decades from now because the bitcoin's price has always been unpredictable due to its volatility. But I think bitcoin's price will obviously be higher than its ATH today because the mass adoption would much be greater, which means the governments might be accepting bitcoin and other cryptocurrencies or adopting its technology in the future.

3 Decades? means 2050 ?, crazy if you think about the price of Bitcoin for 2050,
thinking about 2021 is still very difficult to predict, because the price of Bitcoin is very volatile,
don't push for 2050, because you can crazy if you think like that.

the investment world will attract a lot of new enthusiasts in the future and I'm sure many of them will be interested in Bitcoin.  in the next 3 decades, we will see the price of Bitcoin continue to be as volatile as it is today and the hourly transaction value will increase (due to the increasing number of enthusiasts).  I don't think we will see a Bitcoin price in $1 million / Bitcoin but more potential at around $500k / Bitcoin (in the next 3 decades).

Agree, no one can tell what will happen in the future 100% correct, but we can speculate based on probability and mathematical calculations, such as people predicts bitcoin may reach $20k in 2020, well it might become a reality by the end of this month. Bitcoin growth is influenced by several things, such as halvings that affect supply and demand, trends in the market, regulations, adoptions, etc. If bitcoin can reach $100k in 2021, it's not impossible to hit $1 million in the next 30 years.

Three decades is 30 years, so many things are going to happen between that time, there's so many things that are going to happen between that time, but all the predictions are pointing that Bitcoin is going to go higher every year, we are open to predictions anyone can predict this is what makes the community strong and to entice people to invest, who would want to invest where your money will grow.

Predicting its market value won't be possible but we can speculate for its "condition" as a currency. IMO, this technology will be widely accepted by that time, and probably, its market price will be still volatile since it has limited supply so the demand would more likely increase so its price could as well have the same thing. But on the other side, there's a possibility for a new technology to arise which may surpass the capabilities of Bitcoin. We just cannot determine what future could bring to this industry.

It depends on how much you had invested on it and also you do got some point about numbers on overall world population and when it comes to adoption then we can see really high prices but
i dont really believe much on reaching out $1M but this is way more better compared into those 1M claims in 2-5 years... 30 years is somewhat realistic though
but overall i dont really hoping that high too much.

When it comes to predicting the future or presuming up things then its really hard to tell yet we wouldnt know if bitcoin would still last into those years to come
because everything isnt guaranteed to last forever.

3 decades is a long time but lets see on what would happen along the way and this will surely be a wavy ride.

do not think about Bitcoin for the next 3 decades,
because Bitcoin will only make you continue to experience pain,
just analyze it in the short term or long term, which means you are investing in bitcoin a maximum of 2 years.

While I always tell people to have at least some of their money in Bitcoin, even 1%, I wouldn't be bold enough to tell them to buy at 17000 because it's going to change their lives.
I don't want to be responsible for their losses.

Technical analysis shows that we are in a high price and the fear index is showing greed. This is not enough to say that we'll go down from here but enough to be cautious so we don't end up like Tom Lee who at 20000 dollars in 2018 was saying on TV that we're going higher.

It will be hard to input numbers as price is too volatile but will surely have a great adoption by those years the can lead to price rise yearly. More adoption and acceptance of governments that may lead to new implementations that will give btc a better performance. Just hope that I was still able to see those price too high.

Well for me, it's far from the reality that bitcoin will come across to $1 million in 3 decades' time. I am still positive though, that the price will remain in an uptrend status since the demand is continuously increasing, -- but in 30 years a lot of things may happen. The government and people will make things easier for bitcoin and by then there could already be a regulation made for bitcoin and a lot of assistance may come in from the government to have control over the price. I am not a pessimist but I just don't hope for the things that I am not sure will become a reality along the way.

Let's hope that he's correct and by that time, we're still able to hold bitcoin and we can stop ourselves selling during those highs of $100k+ ranges. I've read a lot of personal plans that they'll start to sell not a lot but for the sake of profit for those prices. Me either, I'll do the same.

Considering the inflation after all of those years, it's likely that we'll be hitting those numbers if bitcoin is still in the existence by that time. I don't doubt it but technologies these days are quick in innovation.

In 2050 Bitcoin will be a global reserve currency, treated as a digital gold that you can actually spend. People will hold it as an investment and a store of value, as they do today. It was also be used as a currency to buy things, perhaps somewhat through Lightning Network if that ever really takes off, but probably more so in a centralized manner just through third party companies, like Paypal. By then even banks and governments will hold some of their reserves in Bitcoin.

As far as price, 7 digits for sure.
In the 2020's Bitcoin will make the transition from finishing up with 4 digits (as it recently has), going up through five digits, and making low 6 digits normal. 2030s will see Bitcoin move up to mid-6 digits with half-million dollar bitcoin becoming a normal thing and people realistically talking about million dollar bitcoin in the near future. 2040's will see the price rise over a million, so by 2050 $1-3 million Bitcoin will be normal.

People born today won't even be able to imagine a world in which there aren't native digital currencies, both decentralized and government controlled, as the primary form of money, the way people born 15 years ago can't imagine a world without smart phones, and people born 25 years ago can't imagine a world without the internet.

To put this in perspective, the US stock market tends to appreciate at an average rate of around 10% per year. If that remained true for the next 30 years then any average performing stock that happened to be worth $18,000 today would be worth $314,089 in 30 years time.

In order for Bitcoin to be worth more than $1,000,000 in 30 years time it would need to appreciate at around 14.4% per year which is more than achievable if everything goes well.

We all know that, but how to grow so big, no one can answer. In order to have more than 10% - 20% of the population using Crypto, surely the top coins must be added to the main payment method in major countries, but the legal system in many countries is still very difficult. Cryptocurrency. Even though major financial funds are pouring money into Bitcoin and top coins, it doesn't mean the Crypto market will soon be joined by hundreds of millions of people.
Cryptocurrency first needs to be passed many laws in major countries before we can expect more new investors to join the Crypto market.

For the group researchers what are their verifying method that they have used to have such price in 10 years. Well it is also good if that happens because it should help in general bull of cryptocurrency. The recent bull of bitcoin didn't make equal increase in altcoins, maybe another big bull is what the market is expecting.

Absolutely true. Day by day its pricing is increasing and still many of the countries in the world are not using it though it has so much popularity. So once it will become available to everyone and many countries start to use it, its price will rise and on a high pick of its actual value.

In three decades see bitcoin price either extremely high (1+ million USD) or extremely low. I don't really se some middle ground here but since I firmly belive in bitcoin I think that we can expect them former price.

All this its  course is just a guesstimate as that's very long period of time, but when you see how you much bitcoin achieved in the first 11 years I next 30 will be much better and hardest part is behind us.

Well, I do not know in the next 3 decades the price of bitcoin is at what level. But it looks like before the next 3 decades, even in one decade,
bitcoin will get an enormous wave, maybe before one decade. There is even a group of crypto research predicts that the price of Bitcoin
could approach $400,000 in the next 10 years, and altcoins will follow its bullish. We can’t imagine in the next 30 years,
because maybe I’d be surprised at the price. If the predictions of a group of research are correct, then indeed the current price is very cheap.

A lot can happen in 3 decades, so I don't think reasonable predictions can be made. And frankly, the price of Bitcoin is not what I'd be interested to find out about the future. I'm more interested in whether I'd be able to purchase groceries, pay the utility bills and transport pass with cryptos in my city by that time. I wonder if I'd be able to get my salary in BTC, with the taxes being the same as for fiat and deducted from the salary without additional issues. I wonder what the transaction fees would cost, and whether viable solutions to the scalability issues would come around.

In next three decades may be the world is going to end if still the world exist 1million at least this speculation is according to the market situation because there are many key factors for the pump.

The next generation would definitely prefer for digital payment rather than going to banks and check out for the formalities and so on, BTC will definitely dominate in the next few decades and rule the globe.

Personally, I think there is enough reason to believe that Bitcoin's price is going to climb up to $100,000 or even beyond in the coming years. It is basic arithmetic for me.

There are almost 8 billion people in the world right now. There are only 21 million Bitcoins at the maximum to be reached around the year 2140; the number in circulation is lower. Around 1% of the world's population owns Bitcoin. And the price is already at around $17,000. I think we can logically deduce from this that Bitcoin is indeed undervalued.

However, that's only the mathematics' side of things. There are many factors involved in Bitcoin's continuous growth or death.

A lot of Twitter and Reddit people have been banking on PlanB's Bitcoin stock to flow model. While I'm still skeptical of the accuracy of the model, surprisingly the model has been doing really well.

Check it out here: https://digitalik.net/btc/
Article: https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25

You're right, the price of bitcoin can increase to $1M in the next 30 years but the truth is, I know we all hope the best for the currency, but let's sometimes expect the worse because who knows, it could drop to 10k in a short moment.

  I personally hope Hal Finney was right back in 2009 with his musings with Satoshi, but he didn't provide a time table
https://www.metzdowd.com/pipermail/cryptography/2009-January/015004.html

Yes, this will be a large time period to make an assumption about the market of bitcoin. The market is volatile, even the price for tomorrow can't be predicted accurately. Atleast we can make wild guess/prediction based on the price bitcoin had reached till date. With thirty years difference it isn't possible to make the prediction. As said, it'll be popular on the market and our kids will be enjoying anywhere access of bitcoin due to the increased acceptance.

In the literal of your Topic.

Title:
Where do we see the price of bitcoin after 3 decades (?)
Seriously I tell you, I hope that we finally  by having an official body that offers a starting point and from which prices are derived at + or at least from that official reference.

OP:highest value thong
mmhh!
I do not know if more holders of bitcoin implies that the price is higher or lower, in fact if bitcoin in a utopian "scenario" out of legal tender in many countries today it is possible that its price is highest value thong than the current one (maybe no, anyway economic predictions always fall into this loop).

There is a bad belief that the adoption of bitcoin is that it reaches many hands and consequently its price increases, sometimes I wonder if it is better not to make a lot of noise and that when the world finds out,  so... well!! let's not exaggerate maybe that 10-20 % that you mention its price is one million.

So all these unbelievers who didn't support bitcoin when they should, then get the good news that bitcoin has a new price.

Regarding the closing of your OP, just say that we must buy bitcoin and keep the idea of ​​bitcoin alive, the rest is up to you, do not leave all the weight of financial freedom to bitcoin, the idea in practice of the use of bitcoin It should work like this the bitcoin price for 1 BTC=1 million or 1BTC= $1.

The question is still the same with those people who are asking what's the future of bitcoin. And we'll always have the same answer that nobody knows the future of it but as of now, it's here to stay and price will increase due to the demand that it gets. The adoption rate is increasing and it's not just a simple adoption but institutions are joining too.

Many still look to this price as an expensive price. But if it gets a little bit higher and higher, they'll still say the same.

3 decade is a long time and making such assumption of price in 30years from now will not be really accurate. This is a fluctuating
market. Many fluctuating agents may cause different changes but I believe that bitcoin will be very popular during such decade.

10-20% adoption rate is a very optimistic and positive scenario. While I'm more than sure privacy and decentralization is something people will look after in the future, I'm not sure 1-2 out of 10 people will be looking for it. People seem to choose convenience over self-custody more than ever before. It's the age of technology where you literally ask a random server owned by a stranger to tell you what your To-Do list is for today.

We can barely predict an approximate price for the first day of 2021, let alone 30 years from now. If the governments only keep powering up their fetish for control and power, Bitcoin may have to go through some hard times before succeeding as a legal peer-to-peer currency to use. From what it looks, the govs only keep geting more and more annoyed by the idea of letting their citizens be under control of their own assets.

As we all know the market pool of crypto currency is on growing stage and only around 0.5% of the world population is involved in it so once the market size gets matured enough in the hands of more than 10-20% of total world population, the price of BTC can be more than $1M in next 30years.

Refer the adoption chart predicted by cryptoaims
 Source- Cryptoaims
https://www.instagram.com/p/CIIWioFHT0R/?igshid=1h43h34vfok2j

Still its time to buy at $17600 and make rest of your life as financially independent