Bitcoin price predictions from pro-Bitcoiners and Bitcoin evangelists on what they think the future bitcoin value will be in 2020, 2022, 2027, 2030. We find the top 3 crypto stories and deliver them to your inbox bitcoin pro trader mike morning. Bitcoin was created in early 2009. One of the stories that illustrate this growth best is that of two pizzas, which were bought for 10,000 Bitcoins, on May 22, 2010, by a Florida developer by the name of Laszlo Hanyecz.
40 or so they were worth then. Is there any limit to this growth, and if so, where? While nobody knows for sure, there are plenty of anti-Bitcoiners who see the market as a bubble, ready to pop and have Bitcoin’s price fizzle back to mere cents, and plenty of pro-Bitcoiners, or Bitcoin evangelists, who see little hinderance in Bitcoin growing up to 200 times its current price. Here are seven of those Bitcoin evangelists, and what they think Bitcoin will go on to be worth. Wences Casares is an Argentinian technology entrepreneur living in the US. Casares says he first found interest in Bitcoin because of high financial volatility in Argentina’s native currency, the Peso. The tech giant bought his first Bitcoins in 2011.
2027, speaking at the Consensus 2017 conference in New York. Chamath Palihapitiya, the founder of Social Capital and co-owner of the Golden State Warriors, started investing in Bitcoin in 2012. He explained his prediction as based on the evaluation of Bitcoin as a store of value just like gold. He recently founded MGT Capital, a company that mines various cryptocurrencies in and outside the United States. He did not stop there. 6 million in the same time frame. Jeremy Liew is a partner at Lightspeed Venture Partners, famed as the first investor in the social media app Snapchat.
Liew’s prediction was backed by Peter Smith, the CEO, and co-founder of Blockchain — the world’s most popular Bitcoin wallet. The estimate was made on May 4, 2017. Roger Ver is an early investor in Bitcoin and its related startups. By early 2011, Ver had begun investing in Bitcoin, now with a portfolio including startups like Bitinstant, Ripple, Blockchain, Bitpay, and Kraken. Ver’s estimate is based on the principles of supply and demand, which he believes creates great potential for Bitcoin as a store of value.
Kay Van-Petersen is an analyst at Saxo Bank, a Danish investment bank which specializes in online trading and investment. Finance from Copenhagen Business School, Van-Petersen is an active Twitter user with no fear of speculating on tough topics like the prices of cryptocurrencies. CNBC news published on May 31, 2017. 60,000 remains as a viable mid-term price target.
Ronnie Moas is the founder and director of research at Standpoint Research, an equity research firm accounting for both traditional investments and new-time ones. Moas is an avid Twitter user and Wall Street analyst who has been featured on dozens of TV and radio interviews and holds an MBA in finance. Moas has also compared the wealth proposition of cryptocurrencies to that of the dot-com boom. Masterluc is an anonymous Bitcoin trader, known for his impressive predictions in the price of Bitcoin. Most notable was his prediction of the end of the 2013 Bitcoin bubble, which was then followed by a bearish market for multiple years. In his May 26th, 2017 post, the legendary trader said he expects the price to be reached sometime before 2019.
According to him, high demand from Asia and a limited supply of the cryptocurrency has lead to cryptocurrency’s exuberant growth. 500 million cryptocurrency hedge fund to invest in cryptocurrencies, initial coin offerings, and related companies. The host of The Bitcoin Knowledge Podcast is basing his prediction on a 200-day moving average. Lee has over 25 years of experience as a Wall Street strategist, and his company Fundstrat presumably keeps a close eye on Bitcoin and its other cryptocurrency derivatives. His explanation revolves around the concepts of supply and demand, along with a strong belief in the blockchain technology behind Bitcoin.