Bitcoin 8 year forecast
Updated
The white vertical line is Jan 09.
The white horizontal line is my personal estimation for a ceiling in price and adoption.
The blue lines are my personal extrapolation of the range using historical peaks and dips.
A stabilization between 100 000 and 200 000 $ would put Bitcoin between 2 - 4 trillion $ market cap.
This would be relatively small compared to global money supply but still a wonderful achievement.
... and a nice ride :----))
I expect the 2018 bubble to overshoot down to 2 500 $ around falls 2018.
An important aspect of this scenario is a significant decrease in volatility, making then Bitcoin a reasonable option for storage of value.
With all sorts of arguments, some people predict up to a million $ / Bitcoin, while some others predict it to eventually be worthless.
Things often turn out to be a compromise, which is the principle of a "market", and this scenario is my personal vision of this compromise.
The white horizontal line is my personal estimation for a ceiling in price and adoption.
The blue lines are my personal extrapolation of the range using historical peaks and dips.
A stabilization between 100 000 and 200 000 $ would put Bitcoin between 2 - 4 trillion $ market cap.
This would be relatively small compared to global money supply but still a wonderful achievement.
... and a nice ride :----))
I expect the 2018 bubble to overshoot down to 2 500 $ around falls 2018.
An important aspect of this scenario is a significant decrease in volatility, making then Bitcoin a reasonable option for storage of value.
With all sorts of arguments, some people predict up to a million $ / Bitcoin, while some others predict it to eventually be worthless.
Things often turn out to be a compromise, which is the principle of a "market", and this scenario is my personal vision of this compromise.
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