The future price of Bitcoin is hard to estimate since right now it's nearing a tipping point. Depending on how many new people become involved in the crpyto-space, Bitcoin could go on to become worth 100,000 each or $10 each. If more people jump on the cryptocurrency bandwagen and start learning about them, most would put large investments into cryptocurrencies other then Bitcoin, such as Steem or Ethos, because of the larger opportunity to grow. Bitcoin is nothing special, just the first cryptocurrency, and that's what's kept the price up. If we remain at a low number of new cryptocurrency users, the investors that aren't focused in crypto will most likely invest in Bitcoin since it's large, established, and looks like, from the outside, it has potential to grow.
My best guess would be if more people learn about cryptocurrencies, they will become less dependant on BTC and the price will drop. If we remain at a constant rate of new crypto users or drop in new users, people will want to invest in BTC and it will rise.
The value of Bitcoin really has no ceiling, the sky is the limit as they say. I believe it will have its ups and downs. The price will, in the long run, go up I believe since the supply is going to decrease as the demand hopefully increases. However, it could be a big bubble that will eventually pop and be worth nothing in the end. We will have to wait and see.
Every coin price is depends on market demand.if coin has less supply and high demand price will increase day by day. And bitcoin is mothercurrency of crypto world so there is more chance to increase price of bitcoin. In many places bitcoin is used as a payment option where we can buy something using our bitcoin and this use-case is gonna increase in future. Once regulation will done ny government then Bitcoin will be used every where in this world. And that time bitcoin price will cross 30k$ and its realistic price. But we needs to wait for that day.
The future price of Bitcoin is hard to estimate since right now it's nearing a tipping point. Depending on how many new people become involved in the crpyto-space, Bitcoin could go on to become worth 100,000 each or $10 each. If more people jump on the cryptocurrency bandwagen and start learning about them, most would put large investments into cryptocurrencies other then Bitcoin, such as Steem or Ethos, because of the larger opportunity to grow. Bitcoin is nothing special, just the first cryptocurrency, and that's what's kept the price up. If we remain at a low number of new cryptocurrency users, the investors that aren't focused in crypto will most likely invest in Bitcoin since it's large, established, and looks like, from the outside, it has potential to grow.
My best guess would be if more people learn about cryptocurrencies, they will become less dependant on BTC and the price will drop. If we remain at a constant rate of new crypto users or drop in new users, people will want to invest in BTC and it will rise.
The value of Bitcoin really has no ceiling, the sky is the limit as they say. I believe it will have its ups and downs. The price will, in the long run, go up I believe since the supply is going to decrease as the demand hopefully increases. However, it could be a big bubble that will eventually pop and be worth nothing in the end. We will have to wait and see.
Every coin price is depends on market demand.if coin has less supply and high demand price will increase day by day. And bitcoin is mothercurrency of crypto world so there is more chance to increase price of bitcoin. In many places bitcoin is used as a payment option where we can buy something using our bitcoin and this use-case is gonna increase in future. Once regulation will done ny government then Bitcoin will be used every where in this world. And that time bitcoin price will cross 30k$ and its realistic price. But we needs to wait for that day.
Could be $ 100000K, or could be ZERO, who knows?