Bitcoin's future is unpredictable despite bullish price predictions, experts estimating $500,000-$1,000,000 in 10-20 years.
From Investing.com
December 4, 2024 3:00:20 pm:
Bitcoin (BTC) has an unpredictable future, with the supply limit of 21 million remaining intact. Jameson Lopp admits that nobody knows what the BTC ecosystem will look like in 20 years. Even with assumptions, the future of Bitcoin remains uncertain, as seen with previous misconceptions by BCH proponents.
Bitcoin (BTC) price predictions for the next 10-20 years are bullish, with experts like Mike Novogratz and Samson Mow estimating $500,000 and $1,000,000 respectively. Lopp believes that high transaction fees will eventually be charged by Bitcoin (BTC) and merge mining won’t be a viable option to maintain the system.
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