Bitcoin (BTC) is the pioneer among cryptocurrencies. It is a decentralized, censorship-resistant, digital currency based on blockchain technology. It is not regulated by any state or central bank. It is inflation-proof because the inventor Satoshi Nakamoto has limited the absolute amount to 21 million.
The basis of Bitcoin is the so-called blockchain. The name is derived from the cryptographically linked blocks that contain the transaction data. This decentralized register is not subject to any state control or central bank that can control the money supply or set the framework. The currency is therefore self-governing and is therefore protected from inflationary fluctuations or government influences.
There's no doubt that Bitcoin was one of the biggest investments of the century, maybe even the millennium. When it debuted in 2009, Bitcoin was only worth $ 0.06 a coin, now it's $ 8,500, and it has already peaked at around $ 20,000.
Since its peak in December 2017, BTC has lost more than half of its value, but you are more confident than ever and it has moved from the deepest depths of the “dark darknet” to the mainstream. You believe in Bitcoin.
Bitcoin forecast
Everyone wants to know how Bitcoin will develop. There is much speculation about where the price will go; most think that it can only rise due to higher demand - since there is a limited supply of only 21 million bitcoins.
Bitcoin forecast 2020
There will be some price forecasts over the next two years. John McAfee , the founder of McAfee Associates, a computer security software company, originally said that Bitcoin would increase to $ 500,000 by 2020. He later doubled, saying that BTC would reach $ 1 million by 2020.
Tom Lee , the co-founder of market strategy company Fundstrat Global Advisors, estimates that Bitcoin will reach $ 91,000 in 2020.
Ronnie Moas forecasts a price of $ 50,000 per Bitcoin in 2020. He is the founder and director of Standpoint Research, an accounting firm for traditional investments.
Bitcoin predictions for 2025
If you look at the graphs that show the extreme surge in Bitcoin in recent years, you wonder how to make an accurate prediction. Some believe that bitcoin price prediction 2025 may range up to 500,000 by 2025.
Bitcoin price forecast for 2030
The Winklevoss twins that Bitcoin's market cap will reach $ 5 trillion by 2030. Bitcoin has a lot to offer in order to survive in the long term. The infamous founder of Megaupload, Kim Dotcom, believes Bitcoin will rise to $ 100,000 by 2030. Finally, Hamath Palihapitiya, the founder of social capital and co-owner of the Golden State Warriors, predicted a Bitcoin forecast of $ 1 million per Bitcoin by 2030.