What will bitcoin be worth in 10 years

The graphs below show the price action for each ETF from 2007 to today. The interesting thing is that the market tops before the 2008 financial crisis and in 2018 are nearly exactly the same. The point is that the 2007 level of valuations seems to be respected. No one can say when a crash will happen. However, the charts indicate that we are in the last innings of the current credit cycle. Where will bitcoin be in 10 years A $1,000 investment in bitcoin at the beginning of the year at a price of $29,290 would have bought you 0.034 tokens, which would be worth about $1,632 at Tuesday afternoon's price of $49,150 per coin.

Nouriel Roubini is an economist who was one of the few to correctly predict the 2008 subprime mortgage crisis. Dubbed "Dr. Doom," due to his consistently pessimistic outlook on the economy, Roubini has been a frequent critic of cryptocurrencies in general and Bitcoin in particular. In 2018, he testified to the U.S. Congress that cryptocurrency is the most corrupt industry. However, after years of aggressive bashing, Roubini is now launching the Atlas Climate Token, a blockchain-based stablecoin, through his firm, Atlas Capital.   Bitcoin could 'easily' reach $15 trillion market cap, says Anthony Scaramucci Cryptocurrencies have few metrices available that allow for forecasting, if only because it is rumored that only few cryptocurrency holders own a large portion of available supply. These large holders - referred to as 'whales' - are said to make up of two percent of anonymous ownership accounts, whilst owning roughly 92 percent of BTC. On top of this, most people who use cryptocurrency-related services worldwide are retail clients rather than institutional investors. This means outlooks on whether Bitcoin prices will fall or grow are difficult to measure, as movements from one large whale already having a significant impact on this market.

This answer is live and will keep updating Popular Channels “You can imagine a new kind of financial system being constructed out of blockchain-based tokens that have advantages over the old, centralized kinds of money,” says CFR’s Mallaby. “You trust the code, and you trust the blockchain and the decentralized ledger, and it’s a new way of organizing finance.”

Not everyone is cheering these gains, though. The recent run has been the “perfect storm” for market participants who have been shorting bitcoin, John Glover, chief investment officer at Ledn, said. Bitcoin Price Table, 2010-2024 (Monthly) U.Today - Read the top three news stories brought to you by U.Today. Elon Musk spills beans on X payments – Is Dogecoin in mix?Elon Musk, CEO at Tesla (NASDAQ:TSLA) and...