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Author Topic: What will Bitcoin be in 20 years from now?  (Read 274 times)
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Today at 03:46:30 AM
 #41

Not my opinion but let me quote what satoshi has said about back then.

I'm sure that in 20 years there will either be very large transaction volume or no volume.

So, 16 years has come and we'll have to wait for the remaining ones after telling that but, we can have an idea that he's very right about it that there are now very large transactions.

And my personal opinion for the next 20 years, it's gonna be one of the most sought after asset that people have regret not taking it earlier when they can.

I'll leave the price in your mind, maybe a million.

Yes I couldn't agree more, it will cointinutally make people upset for not buying sooner. It will always be in a place where people think its the top but in reality its very close to the bottom because it has soooo much room to grow. In 20 years time it could even be tens of millions of dollars depending on what we see here in these next few decades. Its exciting!

I agree that there will still be many people who continue to regret refusing to invest in bitcoin. That will always happen because it is human nature to be afraid and express regret when things become clear. That has happened many time throughout four market cycles and it will continue to happen in the future

With growing demand and finite supply, Bitcoin will definitely increase in the next 20 years and that is inevitable. But we should be realistic, everything has its limit and bitcoin is no exception. I think the expectation of bitcoin rising to tens of millions of dollars per bitcoin in the next 20 years is exaggerated. In the next 20 years, if bitcoin can reach 1-1,5 million USD, it will be a resounding success.


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Today at 03:53:02 AM
 #42

With growing demand and finite supply, Bitcoin will definitely increase in the next 20 years and that is inevitable. But we should be realistic, everything has its limit and bitcoin is no exception. I think the expectation of bitcoin rising to tens of millions of dollars per bitcoin in the next 20 years is exaggerated. In the next 20 years, if bitcoin can reach 1-1,5 million USD, it will be a resounding success.
I also believe that $1 million is the most realistic figure Bitcoin could achieve. Since its initial launch, Bitcoin's value has risen by millions of percent, and that's an undeniable fact. However, as Bitcoin's value has grown, its value has also declined. Looking at it year-over-year, Bitcoin still has the potential to rise by up to 100% annually, but I believe that once Bitcoin reaches $500,000, the annual increase will be less than 50%. I respect those who believe Bitcoin will reach tens of millions of dollars in the future, but so far, I think $1 million is a very feasible achievement.

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Today at 04:00:52 AM
 #43

How do you see Bitcoin in 20 years?
-price?
-utility?
-Market cap
-government
-poeple
Bitcoiners have experienced a great improvement from bitcoin and you can see that over some months, the price of bitcoin cannot decrease below $90k, flashing back how many years bitcoin reached to break into all time high (ATH) in the market, you will know that in twenty years to come bitcoin will touch $500k because bitcoin is still attracting different institutions to invest in bitcoin and be part of the institution and individuals that will benefit from bitcoin, I have this confidence that many government will make bitcoin legal in their countries because bitcoin is good for the youths to have knowledge, how to use it to earn income, and it will bring development to the country that make it legal.

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Today at 06:53:05 AM
 #44

There's a possibility that it will rise to 500k to 1m in the next 10-20 years. Just like before, many people didn't even think that Bitcoin will reach 100k but It did happen. I think many government will take interest in Bitcoin especially those who banned the use of Bitcoin and the market cap I think will surpassed gold or maybe the same as gold. For it's utility, I think many shops will now accept Bitcoin as other mode of payment. I think more people will invest in bitcoin but as we all know that only time will tell.

Everybody will see BTC for what it truly is - an alternative to be used, not to be only hoarded, on all the levels we can imagine - reserves, locally, and in between.

I hope this will be the case, of course, nothing is certain with such time frames.
I am guaranteed that one day bitcoin will become a strong digital currency which will operate side by side  with the fiat as an alternative currency people will use for their daily transactions. Unlike it is currently used as a means of storage, bitcoin will later be used for transactions in the future when it gains more ground in the wallets of many people and becomes less volatile. People will start by using it to make payments of utility bills, airtime and data subscriptions, school fees and mode of payment for many fintech and social networking platforms, then will gradually become more generally accepted for online and physical payments as time goes on but the only factor I think can contribute immensely to the achievement of this kind of advancement is only when it volatility rate is low many running in decimal points, then it can be used for day to day transactions
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