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Author Topic: What is your anticipation on bitcoin market capitalization as for 2030  (Read 608 times)
Egii Nna (OP)
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August 13, 2023, 02:53:07 PM
 #1

I went on a research on the history of bitcoin, on the process of the research I found out that as of 28 march 2013 bitcoin market capitalization passed $1 billion, which I came to realize if with the high rapid spread of bitcoin global and the introduction of new ways and methods of mining and new traders what is your anticipation on bitcoin market capitalization as of 2030?

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August 13, 2023, 05:15:54 PM
 #2

It would be in trillions by then nothin is for sure just my anticipation, because highest market cap of BTC was $1.28 Trillion back in 2021 and it will break this record once again till 2030 at least for sure. Then i don't think the market cap is going to be in the line of quadrillion but i can say it must be in trillions hehe.

That's for sure.

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August 13, 2023, 05:27:32 PM
 #3

I went on a research on the history of bitcoin, on the process of the research I found out that as of 28 march 2013 bitcoin market capitalization passed $1 billion, which I came to realize if with the high rapid spread of bitcoin global and the introduction of new ways and methods of mining and new traders what is your anticipation on bitcoin market capitalization as of 2030?

It's expected that the market capitalization of Bitcoin is going to be around 10 to 15 trillion by 2030 but it's still too early to predict that how high the market cap will go by then. The Bitcoin is going to get its upcoming halving event in 2024 and the next one after that is expected to be anywhere around 2028, and if we look at the history of Bitcoin then after each halving event the price as well as the market cap of Bitcoin has got quite noticeable growth.

I don't think that there would be other methods of mining because we already have the advanced methods of mining and maybe during 2030's those chips may get better due to fabrication technology. We already have very powerful ASIC miners which are run by the one who are trying to mine Bitcoin and there won't be much improvement in that technology in 6 years. But, still the current miners will get faster during 2030's without any doubt and they will be more energy efficient by design.

 

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August 14, 2023, 02:07:34 PM
 #4

The Bitcoin's market cap is currently 0.57 trillion dollars, which is already pretty significant, and since the supply is growing very slowly, I think it's ultimately the question of the price and going from there to capitalization. I believe that by 2030, Bitcoin can get to 2 trillion dollars in capitalization, perhaps a bit higher than that. But I'd be surprised if it gets above 5 trillion, to be honest, because I just feel like Bitcoin growth has been slowing down for a while (compare the jump from $1k to $19k in 2017 with $30k to $67k in 2021).

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August 14, 2023, 02:25:29 PM
 #5

DCA.

There's no good answer than DCA because you're looking to achieve something big in the future, 7 years is still long to go and make sure you're have a strong mental to not sell your coins during bear season, instead use that moment to accumulate more Bitcoin.

Don't wait until the dip to buy Bitcoin, you will not know when is the right time.

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August 14, 2023, 02:53:05 PM
 #6

I went on a research on the history of bitcoin, on the process of the research I found out that as of 28 march 2013 bitcoin market capitalization passed $1 billion, which I came to realize if with the high rapid spread of bitcoin global and the introduction of new ways and methods of mining and new traders what is your anticipation on bitcoin market capitalization as of 2030?

There no limitations to how far we can go with bitcoin market capitalization anytime henceforth as long as bitcoin adoption continuous all over the world, which also indicates that on every month and yearly basis, we are likely to keep on having an increasing numbers of bitcoin users and which in respect will also be an avenue to increase the market cap in it, 2030 is a year we cannot completely predict the precise rate but we are going more far ahead of where we are now before then.

R


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August 14, 2023, 03:10:37 PM
 #7

Ah!! 2030 most of us are grandfathers and mothers. This anticipation is too early to discuss, it would have been  anticipated either 2025 or 2026. Bitcoin is increasing every year so by that your 2030 bitcoin market capitalization will be very high and it will be  $5 trillion. @ SamReomo your market capitalization is over rated oh, omen, that is high well that is good ambition, but calm down small. Op foreseen the market is good but how main coins will be in your possession is another big question. When the time reach and there is no coin for you to enjoy the market at time will be a painful something so yours is to accumulate now and focus on hodling.
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August 14, 2023, 03:14:48 PM
 #8

If bitcoin once again reaches its highest cap, it means that it is very liquid. I personally can't speculate well about total cap, is it that every historical achievement on this side is always related to a 4 year cycle. I tend to think more about the ATH price than the cap, and have no idea how important that will be to my bitcoin planning going forward. Tongue

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August 14, 2023, 03:42:35 PM
 #9


It was 3Trillions back in 2021. It will be more than 3Trillion probably more than 10 Trillion if they count how many folds it did after 2013.

Considering the things that are going on in the economy, it will be easy to imagine people flocking in crypto when the bull run starts creeping up because everyone wants to make money when the QE starts. Blackrock has 10 Trillion in their pockets, so it should make sense they are not just the one pouring money into BTC.


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August 14, 2023, 03:55:27 PM
 #10

I went on a research on the history of bitcoin, on the process of the research I found out that as of 28 march 2013 bitcoin market capitalization passed $1 billion,
First of all, before coming to such conclusion, there are two factors that can determine if the market capitalization of Bitcoin was above $1 billion in 2013 or not, and that is it's price & how BTC in circulation as of then, which from my little research as shown below, you can see that back then in August 2013, the price of BTC was $104 with over 11,493,712 BTC in circulation as of then, which if you are to multiply $104 x 11,493,712 BTC = 1,195,346,048. And it clearly shows that your answer was correct that the market cap of Bitcoin rose to $1 billion in 2013



Quote
what is your anticipation on bitcoin market capitalization as of 2030?
The market capitalization of Bitcoin is always shown on "coinmarketcap" and the current market cap of bitcoin is
$573,644,608,584

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August 14, 2023, 06:04:01 PM
 #11

It will be inappropriate to start discussing how much market capitalization will Bitcoin be worth in seven years. Whereby the halving and bull run season are the only things on everyone's mind. By the way, before 2030, we would experience two different halving and bull run seasons before we get to 2030. And there's a big possibility that the market capitalization will be hitting $3 trillion. 

All the same, it would have been wiser for us to make predictions about bitcoin's market capitalization for 2030, if we are in the year 2026. By that time, we would have a clear view of the target market capitalization for Bitcoin in 2030.

R


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August 14, 2023, 08:16:09 PM
 #12

I imagine that if Bitcoin adoption continues to grow globally, we could see increased demand, which could lead to an increase in its market capitalization… The entry of financial institutions and large companies into the Bitcoin space could also have a significant impact. On the other hand I feel that Government regulations in different countries can affect the adoption and value of Bitcoin, these could boost growth.

Another factor that could have a considerable impact on bitcoin's market capitalization would be the deflationary nature of Bitcoin, with a maximum supply of 21 million coins, it would manage to influence its value as fewer coins are mined over time. Besides halving events, which halve miner rewards, could also have an impact on supply and demand. Whatever it is, many of us hope that it will reach a high enough capitalization to satisfy our expectations.
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August 14, 2023, 08:24:45 PM
 #13

Given the thought that Bitcoin will break its ATH for more than 200% and then go down by around 50% the following cycle and Break its ATH for more than 100%, I do not think that Bitcoin will breach the Quadrillion dollar market cap, so yeah just like the anticipation of the first reply, Bitcoin might be in a Trillion dollar market cap by 2030. There is nothing more to add because this is just an speculation, after all no one knows the future.

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August 14, 2023, 08:39:28 PM
 #14

It was 3Trillions back in 2021.

No, it wasn't! It peaked at 1.2 trillion, for 19 million coins to be worth 3 trillion it would have needed a price of of more than $150k per coin, and that never happened.

and the introduction of new ways and methods of mining

Yeah, fracking, dredging, lunar mining, and so on!
You can't introduce "new" methods of mining without changing Bitcoin and that would mean the end of it.

It's expected that the market capitalization of Bitcoin is going to be around 10 to 15 trillion by 2030 but it's still too early to predict that how high the market cap will go by then. The Bitcoin is going to get its upcoming halving event in 2024 and the next one after that is expected to be anywhere around 2028, and if we look at the history of Bitcoin then after each halving event the price as well as the market cap of Bitcoin has got quite noticeable growth.
 

And if we look in pure terms of $, from 2009 till now the market cap has grown in 14 years from 0 (let's say) to $500 billion. Now, to reach 15 trillion in 2030 it would need to grow 30 times more in half that interval, so it would need on average 60 times more investment than previously! Is it still that plausible?

Another factor that could have a considerable impact on bitcoin's market capitalization would be the deflationary nature of Bitcoin, with a maximum supply of 21 million coins, it would manage to influence its value as fewer coins are mined over time.

Bitcoin is not deflationary right now and won't be till 2030 either, the fact that you still have more Bitcoins getting mined every day is clearly a sign of this, you have an increased supply of coins!

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August 15, 2023, 01:21:57 AM
 #15

What I am really expecting for Bitcoin is we will have a new all-time high price besides the $69,000 ATH.

We can easily get back to the current all-time high especially if we will experience the parabolic run that happened on last 2017-2018 when $20,000 peaked and dropped after it.
That's what I am looking forward to, if we breach the current all-time high, then that all-time high will become huge support that we will visit again just to test.

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August 15, 2023, 01:22:24 AM
 #16

become early adopter always the best thing that we can do, the market capitalization is tend to rise also the price will also rise although it's also volatile. but it will not give us significant benefits if we don't have any bitcoin. I saw many people disappointed because they sold their bitcoin, I think it will be better if we hold btc in long term.

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August 15, 2023, 05:15:23 AM
 #17

I am sure that it is going to be something major, I can't give you the exact number but I am sure that it will be a huge number when the time comes. We just need to make sure that it does as well as we hope it does. 2030 means that it is going to be pretty high, and that is why we need to be more careful about it.

A lot of people are still worried about the situation a lot, but that doesn't mean that we are going to act according to those who are worried, we are going to move according to what the market says and the market will take it higher and higher by that time. This is why I constantly invest into bitcoin, that is definitely the best way to invest for me and I will keep doing that as much as I can.

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August 15, 2023, 05:21:23 AM
 #18

I went on a research on the history of bitcoin, on the process of the research I found out that as of 28 march 2013 bitcoin market capitalization passed $1 billion, which I came to realize if with the high rapid spread of bitcoin global and the introduction of new ways and methods of mining and new traders what is your anticipation on bitcoin market capitalization as of 2030?

Multiple trillion dollars probably. Bitcoin has a limited supply and lots of demand from people. The prices can only go one way and it is not down. Till 2030, 2 more halvings will happen and bitcoin will become even more scarce than now. It will be very hard to mine new coins and that means the prices will skyrocket to the moon. I am not sure about this but even 10 trillion use marketcap is possible. You may find it impossible right now but remember, people thought $10k/btc or $50k/btc was impossible too and yet both of them happened anyway.

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August 15, 2023, 11:39:17 AM
 #19

I went on a research on the history of bitcoin, on the process of the research I found out that as of 28 march 2013 bitcoin market capitalization passed $1 billion, which I came to realize if with the high rapid spread of bitcoin global and the introduction of new ways and methods of mining and new traders what is your anticipation on bitcoin market capitalization as of 2030?
To calculate a Bitcoin market capitalization, you must have its total supply and its price or you will need its circulating supply for diluted market capitalization.

To simplify, you can think of Bitcoin price in 2030. In that year, Bitcoin will have to go through 2024, 2028 halvings, two more halvings. If $69k is top of 2020 - 2021 bull run, I expect Bitcoin will make two new all time highs after 2024 and 2028 halvings. I think it is realistic for Bitcoin to make its price to $150,000 or $200,000 in 2030.

But remember 2030 will be a bear market, not bull market so price from $150,000 or $200,000 is my expectation for Bitcoin price as its highest price in 2028 - 2029 bull market, not in 2030.
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August 15, 2023, 12:44:13 PM
 #20



It's expected that the market capitalization of Bitcoin is going to be around 10 to 15 trillion...
 

That's a huge number and with that capitalization meaning bitcoin will surpass the gold market cap, I don't think bitcoin will do that unless by 2030 it's recognized worldwide. Although bitcoin has had impressive growth in the past, its growth rate is gradually slowing down because the bigger it gets, the slower it will grow. Currently bitcoin's market cap is just over $500 billion and to reach $10 trillion that means bitcoin needs to grow 20x from now, I don't believe bitcoin will.

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