Quote from: suzanne5223 on Today at 09:48:59 PM

Quote from: jaberwock on Today at 07:23:55 PM

Quote from: Silberman on October 16, 2022, 04:19:11 AM

Quote from: Editbar on October 07, 2022, 03:39:57 PM

BTC's circulating supply is now 19 billion out of the 21 billion caps.

Is it possible to calculate how much the price of BTC will go up until it hits the 21 billion cap?

I know there is some complicated math you can do about circulating supply, market cap, price etc, it's all connected,

How can I calculate the price potential of BTC within the next 1-10 years?

This is impossible to do, we must remember that the price is an aggregate of what everyone in the market is thinking about the price of bitcoin, this means it is not controlled by a single person or indicator but by millions of people all of which have contradictory beliefs, needs and wants, so predicting accurately what the price will be over the long term is not something that can be done, you could make some calculations which could give you a range, but that is as far you will be able to go in your quest.

So many people owns btc but if there are people who owns large quantities of it then I think it's possible for them to influence the price if they will sell it. They can be called as a whale. Many of us only want's to earn so we buy more btc and then hodl it but there will always be whales which are against with what we are planning. It's kind suck though.

Other than the whales, there is also bear market but I think this one is mostly natural though I think a whale can interfere with it making the bear moves un naturally or making the duration more longer like on what we are experiencing now. They say it was only a 4 year cycle but I don't believe on it.

Yes, the whales can influence the Bitcoin market but after the institutional investors have joined the Bitcoin market the level of the whale's influence in the market reduce.
A single whale can not influence the market like what we used to see back in the year 2017- 2020. If you follow the whales alert you'll see a lot of whales movement which shows no significant effect on the market.
Back to the OP question, it is hard to predict the price of BTC in 1-10years but if you're good with using the BTC 4years cycle you can have a good guess.

Trying to look back into those earlier years then it cant really be denied that manipulative actions of whales do really make out significant impact on the market but it is indeed the market now isnt really something

monopolized where the community is been composed by huge numbers where manipulative actions cant really be something that be done easily.You would need tons of billions for you to move on the market.

Making out conclusions about on where price could actually go then its actually hard and we know that this had been mainly the questions been asked on where we are going
and would be reaching on years to come.