If youd have asked the small handful of individuals interested in Bitcoin this time 10 years ago what they thought the leading digital assets price would be at the end of the decade, few, if any, would have said thousands of dollars. Looking forward to the next 10 years, it seems that a lot of people are now much more convinced that the future is bright for Bitcoin.
In December 2009, Bitcoin essentially had no price. Without a formal exchange platform to create a market for price discovery, early proponents of the digital asset would swap coins at whatever rate they saw fit. In terms of real-world value, each Bitcoin in these early days was worth tiny fractions of a cent.Click here to read the rest of the newsIt may be impossible or possible. Either way, we don't know what happens....Of course, everyone is expecting for Bitcoin to go bullish this year because of halving. When we talk about the long-term results of Bitcoin and other cryptocurrencies, it is unpredictable.
John McAfee would eat his d*** live on TV if BTC will not reach a million dollars by the end of this year. But if we are going to talk about this decade? I just don't know if Bitcoin would go even further, especially when the quantum threat arises.
Bitcoin could one day get to $1 million dollar. But, it could take more than a a decade to achieve this. So, far bitcoin is a limited coin and remain nky 4 million to be mined means that its price could get to $1 million.
Bitcoin supply is decreasing and the demand would definitely increase. So, the price will also increase and could reach over $1 million one day. But, that day is still far than a decade.