Quote from: Nrcewker on Today at 09:14:21 AM

Quote from: Salam22 on June 14, 2023, 10:03:29 PM

Hello, everyone on this forum.
Have a basic query that I just want to have clarified; it has to do with bitcoins, therefore it just came up to me as an idea.

What do you anticipate the future of bitcoins to look like in five to ten years? Did you predict it would gain popularity and continue to expand, or did you predict it would lose it?

That's all I have to ask.

It’s completely obvious that in the next few years, Bitcoins will rise into a big entity. I mean before 2015, no one predicted Bitcoins to touch 1k usd also. But it did, and finally we are able to cross 68k usd, which was close to impossible. So yes this time also Bitcoins will jump high. We know that Bitcoins are limited in numbers, hence when the demand to accumulate it will increase among the people, the price will also go up, in order to meet the demand. So I am 100% sure we might see the next all time high price in few years.

As an investor in bitcoin, I will agree with you when you have a strong belief in bitcoin and believe in its future. But we cannot be sure or confirm anything in the future, the past does not represent what will happen in the future. For me, the future of bitcoin will depend entirely on us. I mean, as long as we still have demand for it, its value will always increase over time. Bitcoin remains the most distinctive cryptocurrency to date, but what will happen in the future is difficult to predict.