-
The Bitcoin bear case includes cryptocurrency that is unable to meet expectations and become irrelevant.
-
Recently, the trend, mainly the higher capital of Bitcoin from different market players, supports the main case.
-
If Bitcoin is more established by the People’s Daily Financial Life, its price may be millions.
-
10 shares we like more than Bitcoin ›
With 40,000% of 10 years return (as of July 25) Bitcoin (Crypto: BTC) was the creator of Monster Wealth. If 2015 In July At the end of the year, you would have invested $ 10,000 in this best digital assets, today you will stare at $ 4 million. USD balance in its portfolio. This is an incredible profit.
Bitcoin is not far from its peak, and cryptocurrency trading is more than $ 117,000. If you invest $ 10,000 in Bitcoin today, how much will it be worth 2035? There are three possible answers.
A bear in a case that I think is unlikely to require the progress we have seen to change the course. This pessimistic result would include governments prohibiting it, especially in the US, which looks like a low capacity event, depending on how much the White House covered Bitcoin.
However, Bitcoin may suffer from quantum calculations that could break the cryptocurrency cryptography of cryptocurrencies. This could show the network for hackers who want to steal Private keys And take investors’ cryptocurrencies;
There may also be competition from other cryptocurrencies that appear. Or maybe Bitcoin just doesn’t get a wider adoption as much as hope, so it will become irrelevant.
If these things were restored, I would not be surprised if in 2035 The price of Bitcoin will decrease below $ 100,000.
Time to be more optimistic. Over the next decade, Bitcoin has become popular among market players, namely individual and institutional investors, corporations and governments. This would be a continuation of already ongoing trends, supported by a more favorable background of adjustment.
Perhaps Bitcoin also makes progress as a more widely used exchange medium that critics say they won’t happen. Further development of the Layer-2 scaling solution, known as Lightning Network, could help increase network operations and reduce user expenses in this regard.
The price of Bitcoin, the main case, ranges from $ 600,000 to $ 1.2 million in 10 years. USD, or five to 10 times higher than today. This is a real result.
Numerous variables have to get into the benefits of Bitcoin to make the bull case a reality. One option is that Central banks Start having Bitcoin as a stock property. At the moment, no central bank does this. However, this can lead to a huge demand for Bitcoin, increasing the price to an unseen level.