EDIT A couple of corrections around the 6 minute mark. 7 Billion people in the world. 6,979,000,000. can never own 1 whole Bitcoin.
Also, 1 Bitcoin breaks down into 100 Million pieces.
I corrected myself after the initial slip up, but wanted to make a note just in case it confused anyone. Thanks!
http://bittrio.com/bitcoin-price-prediction/
https://twitter.com/BITTRIO
Even though the dollar is complete garbage, that’s what the world currently uses as a measure of value. With that in mind I will use the dollar in this price prediction.
Current date: 8/11/2018
Current BTC USD price: $6,151.29
I did this price prediction back in February so that’s the numbers I’ll be using. You can always readjust with the swings in the market and update the current doubling time. This would likely drive you crazy since BTC is a wild beast and always fluctuating based on human emotions. I chose to stick with my February prediction since it’s half of bitcoins all time high of $20,000 and I think it gives us a conservative prediction.
Prediction #1
7/17/2010 BTC USD price $0.05
2/23/2018 BTC USD price $10,000
91 Months/2,730 days. 6 Month doubling time
(BTC doubles every 6 months, 2 times every year)
2018 = $40,000
2019 = $160,000
2020 = $640,000
2021 = $2,560,000
2022 = $10,240,000
2023 = $40,960,000
2024 = $163,840,000
Prediction #2
2/23/2015 BTC USD price $245.00
2/23/2018 BTC USD price $10,000
36 months/1,080 days. 4 month doubling time
(BTC doubles every 4 months, 3 times every year)
2018 = $80,000
2019 = $640,000
2020 = $5,120,000
2021 = $40,960,000
2022 = $327,680,000
2023 = $2,621,440,000
2024 = $20,971,520,000
These numbers may look outrageous, especially when you see $20 billion for 1 BTC.
Consider this:
Bitcoin Price Prediction
Zimbabwe Money
That’s a real note from Zimbabwe, just like real federal reserve notes in America, aka the US Dollar. A single bill worth 100,000,000,000,000. One Hundred TRILLION Zimbabwe Dollars. When money has no controls and can be printed in any amount(US DOLLAR), this is what happens. It’s only a matter of time before all fiat currency goes to 0.
Bitcoin is infinitely more valuable than the dollar. There will only ever be 21,000,000 BTC, but there is an infinite amount of USD. Bitcoin is decentralized, the USD is controlled by one small group.
It’s amazing how many people do not see this. I hope this post encourages at least 1 person to investigate bitcoin and start researching sound money.
