Bitcoin Longterm Price Target

[Mr. Magkaisa]

Since the beginning of bitcoin it is basically in a very volatile uptrend. It is not likely that it stays like this forever (50+ years). What are your thoughts on what could be a price target for bitcoin longterm?

I made this calculation for an adoption of 50 % of the current world population:

21.000.000 Bitcoins : 4 Billion People= 0.00525 Bitcoin per person on average. The average value of the wealth per person globally is: 79.952 USD.

If you now would calculate the bitcoin price so that 0.00525 Bitcoins are worth 79.952 USD then you would end up with a bitcoin price of : 15.228.952 USD per Bitcoin.

This calculation is of course very inaccurate and makes a lot of assumptions. Still it can show where in some specific scenario the bitcoin price can end up, since for now I feel the price has just random targets and is dictated by exchanges and whales.

If you have different approaches feel free to share!

- I don't know how did you calculate this amount Sir, but all I can say is that 50 years from now there is nothing. I have no idea how much bitcoin will be in the year 2072. All I know is that the price of bitcoin is unpredictable. Actually, according to my research, no one in the bitcoin community could have imagined that 20k plus each bitcoin would be in the market. because it was even doubted before that bitcoin could not reach 1300$ but it was even surpassed and the most it reached was even 65k$ plus, right?

So because of events like this, it just proves that no one can dictate the price of bitcoin even the whales themselves can't do it, it's just according to my view and understanding here.

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[teddybear]

Since the beginning of bitcoin it is basically in a very volatile uptrend. It is not likely that it stays like this forever (50+ years). What are your thoughts on what could be a price target for bitcoin longterm?

I made this calculation for an adoption of 50 % of the current world population:

21.000.000 Bitcoins : 4 Billion People= 0.00525 Bitcoin per person on average. The average value of the wealth per person globally is: 79.952 USD.

If you now would calculate the bitcoin price so that 0.00525 Bitcoins are worth 79.952 USD then you would end up with a bitcoin price of : 15.228.952 USD per Bitcoin.

This calculation is of course very inaccurate and makes a lot of assumptions. Still it can show where in some specific scenario the bitcoin price can end up, since for now I feel the price has just random targets and is dictated by exchanges and whales.

If you have different approaches feel free to share!

We all know investing on bitcoin produces sure profits but the target price depends on situations and how much time do you hold the asserts.

There is chance to set a big value in market...

I think after 5 years BTC generates around 300%-350% profits. 

[Hypnosis00]

I'm not concerned with the price many years from now, let's say 10, 30, or 50 years? Actually, what we need is to see Bitcoin still alive for that time and it was finally considered a legal tender in all countries.

I'd never see how reliable it was, those calculations? I really don't think there is such a way to tell what will happen next. I understand that the price of Bitcoin and so its future remains unpredictable. I invest in Bitcoin because I believe in its brighter future and I guess, the majority are also having that view.

[Zilon]

Lots of speculations has been in circulation about Bitcoin future price target on a long term investment. But the interesting thing here is that no one can accurately or precisely give a specific value on what Bitcoin future price range will be, the best anyone can offer is speculations. The target is just to hodl. When there is limited supply prices tends to skyrocket.

Remember the 21m Bitcoin will ever come into existence many will be lost and some are been lost already and the total supply will drop. There is virtually no way this won't add to the future price of bitcoin even in the nearest 10 years interval

[GatotKaca]

I'm not concerned with the price many years from now, let's say 10, 30, or 50 years? Actually, what we need is to see Bitcoin still alive for that time and it was finally considered a legal tender in all countries.

I'd never see how reliable it was, those calculations? I really don't think there is such a way to tell what will happen next. I understand that the price of Bitcoin and so its future remains unpredictable. I invest in Bitcoin because I believe in its brighter future and I guess, the majority are also having that view.

indeed no one will know the future price of bitcoin. but maybe the predictions made could come true in the future. and we will just laugh at what happens to bitcoin in the future.

most people see at this time, the price of bitcoin ATH is already very expensive. but will probably continue to increase in the future. and we see it keep breaking through ATH. Bitcoin market fluctuations are something that will not stem the price of bitcoin.
I hope all of us who are currently investing in bitcoin for the long term will laugh and enjoy the results in the next 10-20 years. when Bitcoin is going to get even crazier.

[Nrcewker]

It’s really difficult and time waste to estimate price for the future.
I mean until and unless you have time machine, you can’t actually know what will happen in the future.
Yes what we can do is just estimate a basic price structure seeing the current trend and marketcap of the coin.
If we are talking about Bitcoins, then you need to make sure that they are limited in supply and marketcap is really big. So definitely in the long term it will become valuable for which the price will definitely grow.
Hope this clears some part of your confusion OP.

[TheGreatPython]

Predictions will only remain speculations until they are proven correct and are already happening. So for me, it’s useless to keep on predicting the future price of bitcoin because no matter how high we predict, the price will still be greatly influenced with the worldly economic status. Instead, we should focus more on buying and storing bitcoin in our portfolio while the price is still cheap so that when bitcoin price surges and reach its new all time high, everyone will be benefited and reap huge amount of profits.

And the only way to know if the prediction is correct is when the results are already laid out. Some will got it correctly but it does not mean that they have a special ability when it comes to predicting. It's just that what happens is only a co incidence. Predicting might be useless to some but for me it isn't but I think predicting makes this crypto game more exciting.

This can kill our boredom and there are even some which offer a betting for it. People who do predictions, will not disregard buying and as well as selling as these two are the main essentials here but they will only set aside some funds/coins in preparation for their predictions.

[Russlenat]

This calculation of yours has really created a curiosity about the price of Bitcoin in the mind. It is true that one day the price of Bitcoin will skyrocket if the impact of Bitcoin continues. And it will also comes in to the volatilities. However, with the increasing use of Bitcoin, I think these volatilities also will be beyond imagination. However, I believe that no one can guarantee the long-term duration of Bitcoin or what the long-term price will ultimately be.

Bitcoin has always its uncertainties as much as no one can tell precisely as how long it will be beneficial or how expensive its price in the long term. But as long as there are people’s demand that continue to long for bitcoin, then it will always stay in the market, which also means its price will always grow and prosper in every year that comes. And the more bitcoin will be widely used and accepted, the higher value it will also reach.

[Desscount]

This calculation of yours has really created a curiosity about the price of Bitcoin in the mind. It is true that one day the price of Bitcoin will skyrocket if the impact of Bitcoin continues. And it will also comes in to the volatilities. However, with the increasing use of Bitcoin, I think these volatilities also will be beyond imagination. However, I believe that no one can guarantee the long-term duration of Bitcoin or what the long-term price will ultimately be.

Bitcoin has always its uncertainties as much as no one can tell precisely as how long it will be beneficial or how expensive its price in the long term. But as long as there are people’s demand that continue to long for bitcoin, then it will always stay in the market, which also means its price will always grow and prosper in every year that comes. And the more bitcoin will be widely used and accepted, the higher value it will also reach.

what is certain is that as long as the internet is alive and the world is still spinning,
then Bitcoin will always have value, even though the price of bitcoin is very volatile and the future cannot be predicted with certainty,
of course we must be wise in taking steps.

[pieppiep]

Not easy to predict the exact price but my price range estimation is above $60k and below $90k levels. Looking at charts helps to understand what the current trend is doing, the variance has been high for last years. A long-term target above the $50k level is not possible without testing lower low price points, touching the $15k levels and testing the liquidity may accelerate the uptrend that can be impulsive. Depending on the fundamental analysis aka expected global economic development, BTC price can go either way but due to limited supply, it is a matter of time to retest the $60k level, IMO.

And unfortunately, no one can predict the exact price of bitcoin because bitcoin price movements are very wild. So far, people can only analyze and predict the price of bitcoin and if there are people who can predict the price of bitcoin, it's just a coincidence and if they do it again, they won't be able to repeat it. But for the price of bitcoin in the future, I believe the price will definitely be above $60k and maybe even be above $100k. We must think positively while waiting for the bitcoin price to rise again.

[Xampeuu]

This calculation of yours has really created a curiosity about the price of Bitcoin in the mind. It is true that one day the price of Bitcoin will skyrocket if the impact of Bitcoin continues. And it will also comes in to the volatilities. However, with the increasing use of Bitcoin, I think these volatilities also will be beyond imagination. However, I believe that no one can guarantee the long-term duration of Bitcoin or what the long-term price will ultimately be.

Bitcoin has always its uncertainties as much as no one can tell precisely as how long it will be beneficial or how expensive its price in the long term. But as long as there are people’s demand that continue to long for bitcoin, then it will always stay in the market, which also means its price will always grow and prosper in every year that comes. And the more bitcoin will be widely used and accepted, the higher value it will also reach.

news about bitcoin will form a trend towards the bitcoin market, where more and more people will follow the trend that is happening. from the volatility that occurs in bitcoin, of course it will bring a lot of money into this market along with the level of public trust, so this is an opportunity to invest in bitcoin at this time, considering that users are still minimal and technological developments later that will bring bitcoin in its era

[deathcode]

Not easy to predict the exact price but my price range estimation is above $60k and below $90k levels. Looking at charts helps to understand what the current trend is doing, the variance has been high for last years. A long-term target above the $50k level is not possible without testing lower low price points, touching the $15k levels and testing the liquidity may accelerate the uptrend that can be impulsive. Depending on the fundamental analysis aka expected global economic development, BTC price can go either way but due to limited supply, it is a matter of time to retest the $60k level, IMO.

And unfortunately, no one can predict the exact price of bitcoin because bitcoin price movements are very wild. So far, people can only analyze and predict the price of bitcoin and if there are people who can predict the price of bitcoin, it's just a coincidence and if they do it again, they won't be able to repeat it. But for the price of bitcoin in the future, I believe the price will definitely be above $60k and maybe even be above $100k. We must think positively while waiting for the bitcoin price to rise again.

indeed no one knows how bitcoin will move. but everyone has good faith in bitcoin.
if you look at its history, when bitcoin bulls reach ATH there will indeed be a fairly deep dump. and after that, it will re-create the pump and then create a new ATH.
we won't know the price of bitcoin in 10 or 50 years in the future. but I'm sure it will break the possible ATH price as the OP said.

[Silberman]

I'm not concerned with the price many years from now, let's say 10, 30, or 50 years? Actually, what we need is to see Bitcoin still alive for that time and it was finally considered a legal tender in all countries.

I'd never see how reliable it was, those calculations? I really don't think there is such a way to tell what will happen next. I understand that the price of Bitcoin and so its future remains unpredictable. I invest in Bitcoin because I believe in its brighter future and I guess, the majority are also having that view.

We need to use our common sense, traders and investors are unable to predict what the price is going to do during the next days and as such it is impossible to accurately predict what it will do decades down the line, so while we can more or less guess the direction the market could be headed in the future we do not know how big the movement could be, for example I have no doubts that bitcoin will keep going up in value during the next decades. but how high the price will be? No one really knows and even if I could give a number it would be pure speculation on my part.

[ethereumhunter]

There have been so many predictions about how much bitcoin will cost in the future but unfortunately, they are all just predictions that we don't even know at all whether they will happen or are just predictions. But based on the history of bitcoin's journey, if you keep bitcoins for the long term, you have the opportunity to earn big profits in the future. This can be seen from the history of bitcoin from its initial launch until the first halving when the price began to increase dramatically and even many who initially did not believe that bitcoin could touch the highest price had to start believing in the potential of bitcoin. This makes many people start collecting bitcoins as much as possible to sell at the highest price.

[Wakate]

I made this calculation for an adoption of 50 % of the current world population:

Calculating based on the world population may not be that accurate because the market is not based on the overall population. Nit everybody in the world will stick to the adoption of Bitcoin you know.

This calculation is of course very inaccurate and makes a lot of assumptions. Still it can show where in some specific scenario the bitcoin price can end up, since for now I feel the price has just random targets and is dictated by exchanges and whales.

Yes your calculation cna be inaccurate based on the way you have calculated it but still, it's not bad mate. The crypto market is not that easy to estimate what could happen in the next years coming. We might be thinking of bull market and suddenly the market chances to bear. There is nothing impossible with the market and we should be ready to admit and ride what the market present to us.

[Rehan Zakir]

Many peoples say that the Bitcoin price will hit 100,000$ price in the future. It is a very difficult target but it is not impossible. I think it can happen in the next 10 to 15 years. If we check the history of Bitcoin of 11 years ago. Its price gain 67000X times. Its starting price will be under 1$ and its All time high price is 67000$. So, in this market everything is possible. So, we just need to hold our bitcoin for future.

[tbct_mt2]

There have been so many predictions about how much bitcoin will cost in the future but unfortunately, they are all just predictions that we don't even know at all whether they will happen or are just predictions.

Predictions are inaccurate most of times. Don't trust prediction from anyone, any model. Future is uncertain and life is uncertain.

But based on the history of bitcoin's journey, if you keep bitcoins for the long term, you have the opportunity to earn big profits in the future.

Invest the money you are afford to lose and don't have to use it in next few years. You can have very strong hands to hold your Bitcoin.

Holding your Bitcoin more than 5 years and if history repeats, you will not get loss.
https://hodl.camp/

This can be seen from the history of bitcoin from its initial launch until the first halving when the price began to increase dramatically and even many who initially did not believe that bitcoin could touch the highest price had to start believing in the potential of bitcoin.

At start, they will believe after being shilled about Bitcoin, reading the Whitepaper, etc. but to actually believe in Bitcoin, they must experience a bear market after which if their belief does not disappear, they will become true Bitcoin believers.

[Silberman]

Many peoples say that the Bitcoin price will hit 100,000$ price in the future. It is a very difficult target but it is not impossible. I think it can happen in the next 10 to 15 years. If we check the history of Bitcoin of 11 years ago. Its price gain 67000X times. Its starting price will be under 1$ and its All time high price is 67000$. So, in this market everything is possible. So, we just need to hold our bitcoin for future.

While any scenario is possible I do not think that is going to take 10 to 15 years for bitcoin to reach six figures, in fact a great deal of people are expecting for this to happen during the next bullrun which is going to happen most likely during 2024 or 2025, however I will not be opposed to the scenario that you are proposing as that would mean that the price of bitcoin will become way more stable than what it is right now, and that would allow for more conservative investors to become interested in this market.

[Wawa2013]

There have been so many predictions about how much bitcoin will cost in the future but unfortunately, they are all just predictions that we don't even know at all whether they will happen or are just predictions. But based on the history of bitcoin's journey, if you keep bitcoins for the long term, you have the opportunity to earn big profits in the future. This can be seen from the history of bitcoin from its initial launch until the first halving when the price began to increase dramatically and even many who initially did not believe that bitcoin could touch the highest price had to start believing in the potential of bitcoin. This makes many people start collecting bitcoins as much as possible to sell at the highest price.

It is not easy to predict the price of Bitcoin, because its volatile movements make the price of Bitcoin even more difficult to predict. Therefore
most predictions are usually inaccurate, which is why we spend our time thinking about the future price of Bitcoin. The important thing is that
we can learn from the history of Bitcoin movement, where the price of Bitcoin always rises very high every time the Bitcoin halving occurs.
This means that around 2024/2025 Bitcoin will rise higher than the ATH price achieved in 2021, that's why we should focus on collecting as much
Bitcoin as possible from now on. Which is now the price of Bitcoin is at a low price, so buying Bitcoin now will provide an opportunity for us to make
big profits in the future. Whatever the future price of Bitcoin, I am very optimistic that the price of Bitcoin will be much more expensive than
the current Bitcoin price. The most important thing we can hold Bitcoin patiently, until the Bitcoin price reaches the target we want.

[sumant]

It is not easy to predict Bitcoin price in long term. Crypto market is now very complected these day. Market has gone very bear. Every country is now very serious about crypto they are facing big problems to ban or not ban these crypto. altocoin increasing day by day. All money in crypto spreading toward these new emerging crypto so it is very hard to predict Bitcoin price for future. You can talk about how much Bitcoin will crash this time?