Report: Bitcoin to $25,000 by 2022

[buytheeffinD]

A $25,000 price is fun to think about, even though I don't believe it's in the cards.

Your last line interested me the most...but why dont you think its in the cards? Surely people didnt think at the beginning of this year that 8k bitcoin was possible even 6k or even 4k. However all of that happened and now it

is the 10k target that is near. Soon we will be saying 15k, 20k, and 25k respectively. I think this is the beginning of things to come and we should embrace and enjoy the whole rid to the top (wherever that is).

[jaysabi]

A $25,000 price is fun to think about, even though I don't believe it's in the cards.

Your last line interested me the most...but why dont you think its in the cards? Surely people didnt think at the beginning of this year that 8k bitcoin was possible even 6k or even 4k. However all of that happened and now it

is the 10k target that is near. Soon we will be saying 15k, 20k, and 25k respectively. I think this is the beginning of things to come and we should embrace and enjoy the whole rid to the top (wherever that is).

It's a valuation question for me at this point. On the one hand, it's easy to look back at what has happened with the price over the last 8 years and say at any point "well, we never thought X price was possible, but look at it now." That's a rather faulty logic that would suppose that the price will never stop going up, and nothing in economics works that way, so accepting it as a given makes me nervous to start.

But on the valuation front, Bitcoin has a market cap of $136 billion with a price of $8100 per coin. To reach $25,000 per coin, the market cap would be $408 billion if the number of coins remains the same, but there will be more coins at that point so the market cap will actually be higher. So the question to me is do I see Bitcoin reaching a total worth of $450ish billion? The threats to that are the fact that Bitcoin currently hasn't been able to scale and is susceptible to spam attack and there are worthy competitors that even at this point may be better at being Bitcoin than Bitcoin is, so future money coming into crypto might not go to Bitcoin but to other cryptocurrencies. That gives me enough doubt to wonder if Bitcoin can actually reach a price of $25,000 per coin. At this point, I wouldn't bet on it. That's not to say that I would bet against it, but I'm not putting more money into right now, and that's just a decision based on my personal appetite for risk. The potential reward here isn't worth the risk of buying at this price.

[bitcad4u]

A $25,000 price is fun to think about, even though I don't believe it's in the cards.

Your last line interested me the most...but why dont you think its in the cards? Surely people didnt think at the beginning of this year that 8k bitcoin was possible even 6k or even 4k. However all of that happened and now it

is the 10k target that is near. Soon we will be saying 15k, 20k, and 25k respectively. I think this is the beginning of things to come and we should embrace and enjoy the whole rid to the top (wherever that is).

It's a valuation question for me at this point. On the one hand, it's easy to look back at what has happened with the price over the last 8 years and say at any point "well, we never thought X price was possible, but look at it now." That's a rather faulty logic that would suppose that the price will never stop going up, and nothing in economics works that way, so accepting it as a given makes me nervous to start.

But on the valuation front, Bitcoin has a market cap of $136 billion with a price of $8100 per coin. To reach $25,000 per coin, the market cap would be $408 billion if the number of coins remains the same, but there will be more coins at that point so the market cap will actually be higher. So the question to me is do I see Bitcoin reaching a total worth of $450ish billion? The threats to that are the fact that Bitcoin currently hasn't been able to scale and is susceptible to spam attack and there are worthy competitors that even at this point may be better at being Bitcoin than Bitcoin is, so future money coming into crypto might not go to Bitcoin but to other cryptocurrencies. That gives me enough doubt to wonder if Bitcoin can actually reach a price of $25,000 per coin. At this point, I wouldn't bet on it. That's not to say that I would bet against it, but I'm not putting more money into right now, and that's just a decision based on my personal appetite for risk. The potential reward here isn't worth the risk of buying at this price.

Bitcoin is a digital currency system it rate increase day by day and current rate of bitcoin are $8143 and in future it increase high like in 2022 across the $25000 surely because it is a online transaction in all and it's due to digital currency and in economics works that way so accepting it as a given makes nervous to start .
So I believe bitcoin will reach 25k $ in 2022.

[South Park]

First, a word of warning: I think the valuation is overly optimistic, in the extreme, and I would take it with a grain of salt. May very well be a small analytics firm looking to grab some attention by making a splashy claim. That said, the report was published to the firm's paying clients, so their own credibility is on the line.

The company making the prediction is FundStrat, which describes itself as:

We are an independent research boutique, providing market strategy and sector research. Our differentiated approach is based on what we call fundamental strategy. That is, our research process combines both top-down strategy and bottoms-up fundamental views, to develop a roadmap of practical and useful investment insights for our clients.

According to FundStrat, Bitcoin is following Metcalfe’s Law, which essentially sketches out the value of a network based on how many users it has.

“If you modeled something as simple as square the number of users plus transaction value, it’s explained 94% of [Bitcoin’s price appreciation] this year,” Lee said.



Now, as for the future valuation, Tom Lee, Managing Partner of Fundstrat, put a $25,000 price target for Bitcoin by 2022 in a note to clients published earlier this year. However, and this is important, this view is predicated on cryptocurrencies displacing gold in portfolios with Bitcoin serving a “digital store of value.”

Presently, I don't see that happening. I think people using crypto as a long term store of value are taking on immense risk, and I don't see something as volatile as crypto displacing gold, which is historically a hedge against inflation and therefore done out of safety. Bitcoin is pure risk.

A $25,000 price is fun to think about, even though I don't believe it's in the cards.

A very interesting read op but I do not think it is overoptimistic, bitcoin is already above 8000 dollars and the year has not ended and if we take into account there is going to be a halving in our way there then I think there is a high likelihood we reach that price by that date.

[madwica]

For now more prediction in bitcoin value was already reach, before i see the $5k prediction next is $7k, $8k and now we are expecting that before this year was end value of bitcoin will hit $10k. I feel that this prediction are possible to happen because now ghe value is closely reaching $8.5k and there is more than a month left.

Then for the year 2022, many thing will happen before we reach that year but very interesting to read positive prdiction by OP, we wanting to see that bitcoin was too expensive and we as pioneer will be more benefited by this currency and i am looking forward to save lots of bitcoin in the future of course this is for my family.

Also i am wishing that all government change their mind and support bitcoin to make all people have an extra income and i think it will help to boost the economy of one country if many people have earning method like here in crypto world.

[cindygirl]

I feel that a price of 25k by 2022 is actually perhaps quite reserved, many and myself included expect much higher. Another halving will happen by then and bitcoin did over 8x this year with a halving in play, I wouldn't be surprised to see bitcoin at 25k within the next 1-2 years let alone a further 5 years.

[Pepito Manaloto]

First, a word of warning: I think the valuation is overly optimistic, in the extreme, and I would take it with a grain of salt. May very well be a small analytics firm looking to grab some attention by making a splashy claim. That said, the report was published to the firm's paying clients, so their own credibility is on the line.

The company making the prediction is FundStrat, which describes itself as:

We are an independent research boutique, providing market strategy and sector research. Our differentiated approach is based on what we call fundamental strategy. That is, our research process combines both top-down strategy and bottoms-up fundamental views, to develop a roadmap of practical and useful investment insights for our clients.

According to FundStrat, Bitcoin is following Metcalfe’s Law, which essentially sketches out the value of a network based on how many users it has.

“If you modeled something as simple as square the number of users plus transaction value, it’s explained 94% of [Bitcoin’s price appreciation] this year,” Lee said.



Now, as for the future valuation, Tom Lee, Managing Partner of Fundstrat, put a $25,000 price target for Bitcoin by 2022 in a note to clients published earlier this year. However, and this is important, this view is predicated on cryptocurrencies displacing gold in portfolios with Bitcoin serving a “digital store of value.”

Presently, I don't see that happening. I think people using crypto as a long term store of value are taking on immense risk, and I don't see something as volatile as crypto displacing gold, which is historically a hedge against inflation and therefore done out of safety. Bitcoin is pure risk.

A $25,000 price is fun to think about, even though I don't believe it's in the cards.

We are not yet syre until when will its value continue increasing, but ifbit will, i think the period of tkme is just enough based on the statistics of Bitcoin in the market. it has a high rate of increase and if it will continue, surely, its market value will be more expensive within a progress of 3 years. Also, if the value of bitcoin willl be much expensive in the future, the profit of its users and investors will also be hug3 and hoping that it will do so.

[mharz]

That is only a rumors, yes bitcoin value are incredibly increasing their value so fast. But in my speculation not like that amount they can reach because if you see the amount of bitcoin from 2016 up to 2017 you can see that this year is the huge increasing of value of bitcoin. Last January 2017 bitcoin price was only $1000 but now their value is playing into $8000 to $8500 currently.

In addition I was expecting more increasing of price from bitcoin, maybe 5 years from now bitcoin value were reach higher $25,000 because this 5 years is so long time. I think if bitcoin value increase up to $7000 every years it's was to far to believe that maybe bitcoin value were close to $50,000 in 2022.

[Xtinah]

It's possible for bitcoin to reach that in2022, with the way bitcoin is just rising. It's so surprising

[Bonsaiav]

Bitcoin is a transactions tool are made with no intermediaries, meaning"no banks!" No one knows what will become of bitcoin in the future.
It may be in 2022 the limit of 21 million bitcoins  will be reached, in other words, Bitcoin price will be up to $ 25,000 by 2022,  this happens based on artificial scarcity at bitcoin's inception that there would only ever be 21 million bitcoins in total.

[OuterTech]

IMO in 2022 Bitcoin price can even higher than 25k$ ) Just need to spend few minutes to take a look at the way Bitcoin has gone through in this year . It has increased more than 1000 % in this year only if it keep increasing like that or even more in next years I think in 2022 maybe Bitcoin price must be 50k$. LOL

[btcjocan]

We can not say anything in the future, but bitcoin can reach $ 25,000 by 2022 but that is a difficult challenge. 

I agree with you . It could be a great challenge for bitcoin. But why not? We all know that everything cannot be done without a process. Maybe it is a long wait also and a very big challenge, but if that would happen, then we will have a lot of earnings or we can gain a lot from that. All we have to do is not to quit and continue what we have started so we will not be behind with others.

[South Park]

Bitcoin is a transactions tool are made with no intermediaries, meaning"no banks!" No one knows what will become of bitcoin in the future.
It may be in 2022 the limit of 21 million bitcoins  will be reached, in other words, Bitcoin price will be up to $ 25,000 by 2022,  this happens based on artificial scarcity at bitcoin's inception that there would only ever be 21 million bitcoins in total.

What are you talking about? The limit of 21 million bitcoin is not going to be reached until all of us are dead with some estimates saying it will be in the year 2140 so that is not going to happen, the halving that happens every four years is supposed to avoid that happens that soon.

[Orionium]

https://i.imgur.com/ac27ZfW.png

Now, as for the future valuation, Tom Lee, Managing Partner of Fundstrat, put a $25,000 price target for Bitcoin by 2022 in a note to clients published earlier this year. However, and this is important, this view is predicated on cryptocurrencies displacing gold in portfolios with Bitcoin serving a “digital store of value.”

Projection is a scientific method and media is the most powerful influencer, met to built peoples' confidence and optimism. I think it will be perfect if it also considered some "obstacle" variables. I said obstacle, means something like anything those can push bitcoin price fall/ correction/ bearish.

My focus of that graph screenshot was disturbed by "TRIAL VERSION" watermark background 

[aso118]

We can not say anything in the future, but bitcoin can reach $ 25,000 by 2022 but that is a difficult challenge. 

I agree with you . It could be a great challenge for bitcoin. But why not? We all know that everything cannot be done without a process. Maybe it is a long wait also and a very big challenge, but if that would happen, then we will have a lot of earnings or we can gain a lot from that. All we have to do is not to quit and continue what we have started so we will not be behind with others.

A challenge, yes. But I do not think achieving $25,000 by 2022 is impossible. At the beginning of this year, people would have thought you were crazy if you said Bitcoin could cross $2000 in 2017. Now, people think it will cross $10,000. So nothing is impossible in the Bitcoin world.

[50ouncebrew]

Well I would bet we will be even higher than $25,000 by 2022 simply because that is 5 years from now and the price was only $1,000 last year so if you do the math it will be $25,000 before 2019!

[South Park]

We can not say anything in the future, but bitcoin can reach $ 25,000 by 2022 but that is a difficult challenge. 

I agree with you . It could be a great challenge for bitcoin. But why not? We all know that everything cannot be done without a process. Maybe it is a long wait also and a very big challenge, but if that would happen, then we will have a lot of earnings or we can gain a lot from that. All we have to do is not to quit and continue what we have started so we will not be behind with others.

A challenge, yes. But I do not think achieving $25,000 by 2022 is impossible. At the beginning of this year, people would have thought you were crazy if you said Bitcoin could cross $2000 in 2017. Now, people think it will cross $10,000. So nothing is impossible in the Bitcoin world.

This is why trying to predict the market is such a huge waste of time, bitcoin cannot be predicted it could easily go to 20000 in the next year or go to 5000, we must concentrate in holding our bitcoin under all circumstances to not sell it and to not lose it to hackers.

[Shenzou]

We can not say anything in the future, but bitcoin can reach $ 25,000 by 2022 but that is a difficult challenge. 

I agree with you . It could be a great challenge for bitcoin. But why not? We all know that everything cannot be done without a process. Maybe it is a long wait also and a very big challenge, but if that would happen, then we will have a lot of earnings or we can gain a lot from that. All we have to do is not to quit and continue what we have started so we will not be behind with others.

A challenge, yes. But I do not think achieving $25,000 by 2022 is impossible. At the beginning of this year, people would have thought you were crazy if you said Bitcoin could cross $2000 in 2017. Now, people think it will cross $10,000. So nothing is impossible in the Bitcoin world.

This is why trying to predict the market is such a huge waste of time, bitcoin cannot be predicted it could easily go to 20000 in the next year or go to 5000, we must concentrate in holding our bitcoin under all circumstances to not sell it and to not lose it to hackers.

I agree, predicting the price of not just bitcoin but any other cryptocurrency is just a stupid idea, because there are many things that we can not know and the things that may affect the price in teh future, because bitcoin is not controlled by the normal market events they are random and quick, people say that bitcoin will reach 25k by the end of the 2022 i say we might even hit that number erlier than that, people didn't predict that the price of the bitcoin will go from 700$ to 9k in the bigening of the year, and this nearly 1000% increase in just a year was never a thing that anyone thought would be possible, so in the future the price may keep on this crazy rise and it might get shut down, but we can't know, only time will.

[BUK2016]

Op, such prediction appeared in so many places before now and I believe it is a possibility that is bound to happen and may not happen at all. But if bitcoin should continue the way it's value move this year that it will reach $25000 by 2022 though it is not a guarantee that it will come an accomplishment at the end of 2022. 

[TheNostradamus]

Well after this year, nothing would really surprise me to be honest.
We can see a price closer to 20k, but it will depend on how 2018/2020 goes. 2020 is a halving year which means a higher btc price.
2018 could be a good year or perhaps a year  with crashes which we saw after 2013 ATH's