Where do you expect Bitcoin to "settle" once the market is mature?

[South Park]

Could anyone estimate how many people from total world population may adopt bitcoins in next 10 to 25 years. Also, we need to consider how much they may invest based on their affordable limits. When these are beyond our calculations, I guess we cannot speculate where bitcoins may settle on its maturity.

By considering when people start realizing the benefits of holding bitcoins for future use, there will be a real scarcity for bitcoins against its deflationary nature. Then it may go up to billion dollar levels too with the help of unpredictable demand from new investors.

When most of the wealth of the world is concentrated in just a few hands it is not as useful to try to calculate how many people could adopt bitcoin, what we need to ask ourselves is how much money currently in possession of the wealthiest persons around the world could be invested in bitcoin and why they would do such a thing? If they find a use for bitcoin you can be sure that huge amounts of money will be invested in bitcoin otherwise it will be difficult to even reach the previous all time high.

[1714649801]

1714649801

[shoreno]

Could anyone estimate how many people from total world population may adopt bitcoins in next 10 to 25 years. Also, we need to consider how much they may invest based on their affordable limits. When these are beyond our calculations,

that can only be possible if some one will do an online and offline survey  . based on my own calculation the  bitcoin adoption for now is at 44.4 % and on the next 10 to 25 years , the number can provably change unto 75.5%  and so on ....

i think the number can stop unto 85.5% because the rest people will stick on using fiats due to thier status in life  .

[figmentofmyass]

Eventually if bitcoin is adopted by the world its volatility will tick way down and it's market will mature. Look at gold it is fairly settled between in the 1200 - 1400 range for the past about 6 years now. Where do you think that point is for Bitcoin? Not saying it won't occasionally have big movements, but outside of some big economic event that causes a big price movement where do you think it will settle?

I'm thinking in the $300k/$400k range.

the price is currently $3600 and you are dreaming that it would reach $300k/$400k? how many years would it take for bitcoin to reach $300k/$400k? 50 years? 100 years? but one thing I can be convinced, even in 20 years we will not see prices of $ 300k/$400k...

log growth, dude!

if you extrapolate based on the past bubbles, $300k/$400k is a pretty reasonable guess at the top of the next cycle. we now have 3 bubbles to reference. 20x above the last ATH is actually on the conservative side.

obviously past performance doesn't guarantee future returns and all that. but it seems crazy to look at the last 3 bubbles and say "never gonna happen again".

[1Referee]

Could anyone estimate how many people from total world population may adopt bitcoins in next 10 to 25 years. Also, we need to consider how much they may invest based on their affordable limits. When these are beyond our calculations,

that can only be possible if some one will do an online and offline survey  . based on my own calculation the  bitcoin adoption for now is at 44.4 % and on the next 10 to 25 years , the number can provably change unto 75.5%  and so on ....

i think the number can stop unto 85.5% because the rest people will stick on using fiats due to thier status in life  .

May I know what your 'own' adoption calculation is based on?

I'm pretty certain that Bitcoin's adoption isn't even 0.5% of the world population, and then we can argue about what adoption actually is. Strictly speaking, looking at the number of addresses is a pretty solid metric on its own, but then again, there are also millions of users who never installed a wallet and just use an exchange as their all-in-one service.

In the end, fiat will always remain the dominant form of payment, I just can't see that change, especially with how they can just as easily benefit from the crypto revolution by tokenizing their own currencies. Bitcoin will always remain an alternative to fiat, not vice versa.

[Thanasis]

The price of bitcoin can't be predicted now because the availability of bitcoin is finite and it is very tiny amount when compared to the world population and we don't even knows that world will accept bitcoin as their currency and there are lot of crypto currencies available other than bitcoin so all of them makes it is impossible to find the maximum value of bitcoin but some say it will be $1Million.

[deisik]

Eventually if bitcoin is adopted by the world its volatility will tick way down and it's market will mature. Look at gold it is fairly settled between in the 1200 - 1400 range for the past about 6 years now. Where do you think that point is for Bitcoin? Not saying it won't occasionally have big movements, but outside of some big economic event that causes a big price movement where do you think it will settle?

All such predictions are meaningless

Because there are too many factors at play here. First of all, we can't discard altcoins which are mostly doing the same thing as Bitcoin, and while the latter is still the king (and will most certainly remain so in the future), it is unlikely that it will be used as a regular means of payment as it will mature as a store of value, with some altcoin (let's say Litecoin) being its proxy for everyday expenses. Further, there will always be a speculative element in Bitcoin's price, whether we like it or not, and that's another reason why any specific figure will be either a wild guess or wishful thinking

[BitHodler]

Because there are too many factors at play here. First of all, we can't discard altcoins which are mostly doing the same thing as Bitcoin, and while the latter is still the king (and will most certainly remain so in the future), it is unlikely that it will be used as a regular means of payment as it will mature as a store of value, with some altcoin (let's say Litecoin) being its proxy for everyday expenses.

I noticed that you're pretty bullish on Litecoin, and that for quite a long period of time now. I can't see it remain a top tier coin for long when Bitcoin's lightning network has grown enough to become a means of exchange.

The only thing that Litecoin has going for itself is fast on-chain confirmations, and maybe privacy characteristics at one point, but that's about it. There is no such a thing as Bitcoin being gold and Litecoin silver. It's not an actual metal.

Also, with how the Roger and the Bitmain camp consider Litecoin a competitor to their own coin, it won't be added to BitPay or other popular sites they own or are major shareholder of.

[deisik]

Because there are too many factors at play here. First of all, we can't discard altcoins which are mostly doing the same thing as Bitcoin, and while the latter is still the king (and will most certainly remain so in the future), it is unlikely that it will be used as a regular means of payment as it will mature as a store of value, with some altcoin (let's say Litecoin) being its proxy for everyday expenses.

I noticed that you're pretty bullish on Litecoin, and that for quite a long period of time now. I can't see it remain a top tier coin for long when Bitcoin's lightning network has grown enough to become a means of exchange

Yes, and I have reasons for that

Personally, I don't think that Lightning Network can hurt Litecoin in any degree. In fact, I constantly hear people mention this argument but I have yet to see any plausible explanation why it should. Lightning Network is not going to promote wider use of Bitcoin simply because people are more inclined to store their bitcoins and not spend them

In this way, Litecoin is more likely to be used as a means of exchange, not Bitcoin itself. Besides, right now we already see that money goes out of Bitcoin and other cryptocurrencies into Litecoin. You can easily see that by trading volumes spiking recently. In the last days Litecoin is already coming close to Ethereum, with Bitcoin losing momentum

[guoyu78]

The price of bitcoin can't be predicted now because the availability of bitcoin is finite and it is very tiny amount when compared to the world population and we don't even knows that world will accept bitcoin as their currency and there are lot of crypto currencies available other than bitcoin so all of them makes it is impossible to find the maximum value of bitcoin but some say it will be $1Million.

It’s a long long process and not so easy to done, I think that it will take decades or even centuries, it is not going to happen so soon, fiat will surely dominate for a long long time but in modern time I think that the increasing demand of crypto currencies cannot be ignore.

I think that the use of crypto currencies is increasing from time to time which shows the interest of the new generation in crypto currencies.

[futile-resistance]

The price of bitcoin can't be predicted now because the availability of bitcoin is finite and it is very tiny amount when compared to the world population and we don't even knows that world will accept bitcoin as their currency and there are lot of crypto currencies available other than bitcoin so all of them makes it is impossible to find the maximum value of bitcoin but some say it will be $1Million.

Good expectation you have from bitcoin. But I just focus that we will see the price reach to $5k in the current week, I hope that bitcoin still has too much potential and day by day the importance and popularity of bitcoin is increasing from time to time. I hope that very soon bitcoin will again trading above $20k which is the real potential of bitcoin. Honestly I do not bother about long term price speculations even I am a long term holder. I hold but I do not bother its mature values.