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Author Topic: Where do we see the price of bitcoin after 3 decades  (Read 343 times)
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November 29, 2020, 09:27:15 PM
 #21

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.









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November 29, 2020, 09:38:58 PM
 #22

I think it is much more than expected price. Though 30 years isn't short time but $1M is much more amount. We can expect $100k in next 3 decades from bitcoin.
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.

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November 29, 2020, 11:09:45 PM
 #23

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.
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November 30, 2020, 08:27:39 AM
 #24

I think it is much more than expected price. Though 30 years isn't short time but $1M is much more amount. We can expect $100k in next 3 decades from bitcoin.
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.
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.

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December 01, 2020, 09:51:18 PM
 #25

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

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.
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December 02, 2020, 01:27:45 PM
 #26

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.



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December 02, 2020, 01:35:05 PM
 #27

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

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.

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December 02, 2020, 01:57:37 PM
Last edit: December 05, 2020, 02:28:52 AM by error08
 #28

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. Smiley

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.
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December 02, 2020, 04:05:46 PM
 #29

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).

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December 02, 2020, 04:16:20 PM
 #30

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.



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December 02, 2020, 04:28:23 PM
 #31

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.

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aioc
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December 03, 2020, 04:23:37 AM
 #32

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.

 

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.

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December 03, 2020, 04:41:24 AM
 #33

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.
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