According to Jeremy Liew, partner at Lightspeed Venture Partners and early investor in Snapchat, the price of bitcoin could reach $500,000 by 2030. The same prediction was also supported by Peter Smith, co-founder of Blockchain.com.
Bitcoin in 2030: how much will it be worth?
So letâ€™s take a look at all the different predictions by analysts and traders on the price of bitcoin in 2030.
Like Peter Smith, the Winklevoss twins predict that BTC could be worth half a million dollars within the next 10 years.
In fact, Tyler Winklevoss stated on his blog this summer.
â€śOur thesis is that bitcoin is gold 2.0, that it will disrupt gold, and if it does that, it has to have a market cap of 9 trillion, so we think it could price one day at $US500,000 of bitcoinďż˝?.
Also according to a report by Crypto Research, by 2030 the price of bitcoin will reach almost $400,000, and other cryptocurrencies will also set record values.
More recently, the new CoinMarketCap blog has also been talking about predictions and according to a survey of 1,000 people conducted by Genesis Mining, about 8% believe that bitcoin will be worth between $50 and $100,000 in 2030.
On the other hand, 4.8% think that 1 bitcoin will be worth $500,000, as can be seen in the following chart:
According to Wences Casares, CEO and founder of Xapo, Bitcoin will be worth as much as $1,000,000 by 2027.
Adam Back, on the other hand, takes a more cautious view, explaining on Twitter in January 2020 his opinion on the value of Bitcoin in the coming years:
â€ś$100,000 bitcoin doesnâ€™t seem so far given we already crossed $10,000 threshold a few times when few expected even $1,000 some years back and $10,000 seemed crazyďż˝?.
Finally, for the founder of Social Capital, Chamath Palihapitiya, Bitcoin will be worth $1 million by 2037.