Bitcoin could hit $100,000 in 10 years. Today have increase. 3100$
Bitcoin could make up 10 percent of the $5 trillion average daily volume in the foreign exchange market in 10 years, according to Saxo Bank analyst Kay Van-Petersen.
Its market capitalization could grow to $1.75 trillion which would make each bitcoin worth $100,000.
Bitcoin has a limited supply of 21 million which is expected to be reached by the year 2140. In 10 years, the analyst thinks that there will be 17 million bitcoin in circulation, up from the current 16.3 million figure.
If the potential 17 million of bitcoins in supply is divided by the $1.75 trillion market cap estimate, then each bitcoin would be worth just over $100,000.
As per mr.Mc cafe it would go to 500k in 3 years
Is it possible ?? I hope so
The bitcoin could go to a milion after 10 years so all we need to do is to wait.
I think 10 years is too long way ..
I m expecting around 2021 end.
What u say??