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

[olumyd]

That's quite a simple question, same place as real-life gold. Since bitcoin is digital gold, I'd expect nothing less. It will become less volatile, widely accepted and more useful long term.

To put a price tag on that is clearly impossible. But if I were to speculate based on my opinion; given current gold prices in the market:

Gold Price per Ounce   $1,315.90
Gold Price per Gram   $42.31
Gold Price per Kilo   $42,307.17,

I'd say it depends on the metrics on how to correlate satoshi to the smallest unit measurement of gold - the gram. Just like how we do 10cm = 1 mm, 1000ml = 1ltr... And so on.

So maybe 100satoshi = 10gram of gold or something like that. This would still fluctuate just like all medium of exchanges.

Perhaps, it may be satoshi to the bytes if bitcoin will remain exclusive digital in the far distant future, if it survives.

And if all that doesn't happen... My clueless bet will be on $50,000

[1715323180]

1715323180

[talkbitcoin]

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.

What if the bitcoin market never becomes "mature".I think the btc price volatility will always remain high,because of the deflationary,"limited supply" nature of bitcoin.The BTC market will always move from price bubbles to price crashes in the long run.

that is inevitable because the growth can reach a final stage where it slows down significantly until becomes negligible. that stage is also known as mass adoption. the point is, all we need is a bigger market so it can't be manipulated as easily and also a balance between supply and demand which we can reach when bitcoin adoption is at a high percentage.

[buwaytress]

That may be an eventuality, and it is one I believe in as well, but I doubt any of us will be alive to witness it. This true idea of maturity followed by lack of volatility would require a sincere move of trading from pure speculation to economic driven.

Which is hard for me to see happen until we see Bitcoin face and overcome a lot more... Quantum computing maybe. Fiat revivals. Economic and debt collapses that can't be recovered from...

[BitHodler]

all we need is a bigger market so it can't be manipulated as easily and also a balance between supply and demand which we can reach when bitcoin adoption is at a high percentage.

Manipulation isn't that big of a deal as long as it happens within a range we won't be noticing while conducting our day to day transactions. Gold is just as easily being manipulated still, but the range within this happens is very tight.

Eventually you'll see brokers offer 300x leverage counts making sure that even the most insignificant looking fluctuation pays off big time. Manipulation gets smarter and less obvious the larger an asset's market becomes.

I'm sure that there is enough room for Bitcoin to break the $100k mark and to stay above it for years, hopefully decades. It all depends on how we're going to use it, and whether or it will be seen as a safe haven just like gold.

[Febo]

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

Once Bitcoin price is matured then all national currencies will see huge depreciation. That is way I would never search price of Bitcoin in them but in gold.  One Bitcoin will be 100 ounces of gold.

[Bagaji]

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.

At the moment I don't think can get exact range for Bitcoin since is existence cannot in any way be compared with that of gold. In my opinion, what you speculated is on the high side which I don't think Bitcoin will reach such value in decade to come. Be that at it may, bitcoin will will not settle below $3,000 if all things remain equal.

[thecodebear]

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

Once Bitcoin price is matured then all national currencies will see huge depreciation. That is way I would never search price of Bitcoin in them but in gold.  One Bitcoin will be 100 ounces of gold.

ah that's interesting I like that idea of pricing bitcoin against Gold rather than inflationary fiat.



Now that I'm thinking about it more even mature markers like Gold and the stock market move a lot. Though I guess the stock market grows as new companies come up, so gold is the best comparison. Gold's price has been pretty stationary for the past 5 or so years but I bet when the economy turns down again we'll see gold moving again. Since all these markets are speculative in nature they have big booms and busts, even the stock market will sometimes crash almost as much as bitcoin does, though the bull runs tend to be much longer but much slower and then bottoming out tends to be a bit shorter because everyone knows the stock market will come back up whereas most people seem to think Bitcoin is going to zero every crash so it takes a while to turn around.

[basty03]

We can see bitcoin in range of 100k maybe in the future but time will tell its hard to say right now what will be the range price of bitcoin in the future that we can tell its mature enough. As of now we have opportunities to grab that bitcoin is on affordable price before that time.

[sirohige]

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.

At the moment I don't think can get exact range for Bitcoin since is existence cannot in any way be compared with that of gold. In my opinion, what you speculated is on the high side which I don't think Bitcoin will reach such value in decade to come. Be that at it may, bitcoin will will not settle below $3,000 if all things remain equal.

true bitcoin can never be compared to gold, because bitcoin and gold have different forms and some of the functions of gold and bitcoin are also very different, for bitcoin prices it is difficult to occur because bitcoin price movements depend on demand in the exchange.

[magneto]

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.

I don't think that it'll ever settle. Pricing is always relative.

If you look at gold now you may get the illusion of prices sticking to the $1.2-1.4k barrier when in fact a multitude of factors including demand for gold as a store of value in the future as well as the fact that fiat is constantly depreciating will mean prices will continue to fluctuate in the future. They won't stay at this value forever.

Likewise for bitcoin. I think that it will appreciate in the long run but it's hard to tell nominally how much it's going to go to, when demand has peaked, especially when you're measuring it in fiat. There are just too many variables. But I would say that at this stage, your prediction is still a wild guess.

[RamonBTC]

I’m more confused from the word maturity of market. I would look the investors maturity in dealing with media manipulation than taking bitcoin on the spot that can’t do anything with market demands and supply.

The investors is in a stage of idle waiting for a news and hype that must not be the right thing to do.

When price is low then buy more that is maturity and only childish ignorant kid will complain. The whales is so matured enough to know this.

[fullhdpixel]

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.

At the moment I don't think can get exact range for Bitcoin since is existence cannot in any way be compared with that of gold. In my opinion, what you speculated is on the high side which I don't think Bitcoin will reach such value in decade to come. Be that at it may, bitcoin will will not settle below $3,000 if all things remain equal.

I hope bitcoin price is not going below 3000$, bitcoin price is already trading in such a low price and we can see that at 3500$ the bitcoin price has got a lot of support, now we can only expect that bitcoin price will now start increasing and hopefully very soon bitcoin price will reach back to 20k.

[Pursuer]

I’m more confused from the word maturity of market. I would look the investors maturity in dealing with media manipulation than taking bitcoin on the spot that can’t do anything with market demands and supply.

The investors is in a stage of idle waiting for a news and hype that must not be the right thing to do.

When price is low then buy more that is maturity and only childish ignorant kid will complain. The whales is so matured enough to know this.

we have the same thing every couple of years when bitcoin has a bubble and then a bear market afterwards. at the bottom of that bear market there is always two groups, first one is scared and usually has panic sold at a loss and the other group is always accumulating in silence without letting anybody find out. sometimes the second group is also telling everyone else to sell or stay away because they want more cheap coins for themselves during their accumulation.

[talkbitcoin]

all we need is a bigger market so it can't be manipulated as easily and also a balance between supply and demand which we can reach when bitcoin adoption is at a high percentage.

Manipulation isn't that big of a deal as long as it happens within a range we won't be noticing while conducting our day to day transactions. Gold is just as easily being manipulated still, but the range within this happens is very tight.

that is also what i had in mind. with bigger market we will no longer see a 50% drop in a short time (like from $6000+ to $3000+) just because some FUD was spread in the community creating panic among traders about the imminent dump of some imaginary large amount of bitcoin on the market.

[Tstar]

Lately the bitcoin volatility is smaller compared to some popular stocks in Top 500. We will need to wait at few more years to see large scale adoption and I don't think that anybody could predict the prices then. But prices must be way more higher in case of wide adoption at least because bitcoin is limited on circulation supply side.

[upsidedown75]

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.

[gentlemand]

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.

There's always talk of investing in Bitcoin but hardly any talk ever about earning it. That has the potential to draw in vastly more money than the savings of a bunch of randoms.

There are tens or hundreds of millions of people out there who could be working and creating on behalf of people halfway around the planet who currently don't have a straightforward way of being recompensed let alone saving or storing it securely.

If a significant flow of work was heading to developing countries that would spark economic activity all the way up and down the ladder. It doesn't have to be just parking your dollars in BTC and letting them sit there until it's time to remove them again.

[buwaytress]

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.

There's always talk of investing in Bitcoin but hardly any talk ever about earning it. That has the potential to draw in vastly more money than the savings of a bunch of randoms.

There are tens or hundreds of millions of people out there who could be working and creating on behalf of people halfway around the planet who currently don't have a straightforward way of being recompensed let alone saving or storing it securely.

If a significant flow of work was heading to developing countries that would spark economic activity all the way up and down the ladder. It doesn't have to be just parking your dollars in BTC and letting them sit there until it's time to remove them again.

That's what I was just telling some colleagues in the freelance market. Even when we talk about earning, or when there are earning opportunities related to Bitcoin, they're almost always investment related, with heavy traces of marketing hype and that peculiar smell of "too good to be true". What happened to actual business and economies that just decide to pay in Bitcoin? For me, convincing even 1 client to start paying in Bitcoin was a huge personal success.

We've got quite a few micro economies in this forum alone, signature campaigns being the most obvious, but I was expecting back in 2016 to have by now a whole network of Bitcoin earners - distinguished from other workers only by our currency of income. Remote workers I thought would have been clawing to get at Bitcoin, but they still seem to prefer the more cumbersome Paypal or similar.

3 years later, I still find it's a very small pool of people, and many have left because of this mythical bear that keeps swiping at us.

[Supercrypt]

Gold and bitcoin has nothing to do with each other. Both are used in a "commodity" sense for people because both of them started out as payment itself and basically were the money in ideology but now both are only bought and sold like investments and they both have finite resources. However gold is still not used in todays' world to buy and sell stuff (most of the time) where as as simple as a vacation could be bought from expedia to go anywhere in the world via bitcoin which means bitcoin hasn't lost its money side yet.

Moreover, considering there are really no comparison with the amount of gold and amount of bitcoin, it is still viable to consider 42 thousand dollars is a quite achievable price for bitcoin. I know it will probably take a lot of time but we could settle somewhere around 42 thousand dollars easily.

[Slow death]

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... and on volatility, I think that the moment the market is regulated, the exchanges are inspected periodically and have many institutional investors. this high volatility will reduce

Gold and bitcoin has nothing to do with each other.

people should stop comparing between gold and bitcoin