Post
Topic
Board Speculation
Re: How much ,as you think ,is 1 bitcoin in 2025?
by
Falconer
on 19/09/2023, 20:59:55 UTC
-snip-
This particular predictions can not take us to anywhere, because it's this kind of predictions of bitcoin that makes some people to hope that with this the price of bitcoin will get one particular point, so right now, the price of bitcoin is unpredictable and its obvious that the price is been determined by the gravitational force that is behind the mining and demands and supply of bitcoin, this three things I mentioned is the force behind the market of bitcoin been positive or negative, when the demands is of higher potential than the supply it triggers the increased in bitcoin
It is always difficult to predict prices that are basically about 10 years in the future. Everyone was skeptical about the future of bitcoin back then and I'm not sure if anyone ever expected $150k by 2025 when making predictions in 2013. High demand as the community grows and adoption obviously makes the price even more expensive, so the same scenario could also repeat itself in 10 next year.