The 4 Possible Scenarios For Bitcoin In The Long Term

Three are positive and one could strongly displease you.

Sylvain Saurel
Nov 22, 2019 · 6 min read

Bitcoin Leaves No One Indifferent

The Future Price Of Bitcoin Makes You Fantasize

Everyone is wondering what the price of Bitcoin will be in the future.

Tim Draper predicts that a Bitcoin will be worth $250,000 in 2022!

1. Bitcoin Becomes A Global Reserve Currency

The earliest HODLERS would even be billionaires if Bitcoin became a global reserve currency.

“A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution.”

2. The Scarcity Of Bitcoin Is Making Investors Happy With A Price That Continues To Rise Up

In reality, the quantity of Bitcoins in circulation and usable in 2140 will be at best 17 million.

However, this strong demand from the general public concerns the speculative side of Bitcoin and not its use as a medium of exchange.

3. Bitcoin Becomes Digital Gold

Bitcoin is still young, which explains the very high current volatility of its price.

4. Bitcoin Is Falling Into Oblivion

The Bitcoin HODLERS would then be the big losers as well as their dream of becoming billionaires!

By losing its user base, the Bitcoin would have little left and its first-mover advantage would be of no help to it.

Conclusion

The Startup

Get smarter at building your thing. Join The Startup’s +788K followers.

Sign up for Top 10 Stories

By The Startup

Get smarter at building your thing. Subscribe to receive The Startup's top 10 most read stories — delivered straight into your inbox, once a week. Take a look.

By signing up, you will create a Medium account if you don’t already have one. Review our Privacy Policy for more information about our privacy practices.

Check your inbox
Medium sent you an email at to complete your subscription.

Sylvain Saurel

Written by

Entrepreneur / Developer / Blogger / Author. In Bitcoin We Trust: https://www.inbitcoinwetrust.net

The Startup

Get smarter at building your thing. Follow to join The Startup’s +8 million monthly readers & +788K followers.

Sylvain Saurel

Written by

Entrepreneur / Developer / Blogger / Author. In Bitcoin We Trust: https://www.inbitcoinwetrust.net

The Startup

Get smarter at building your thing. Follow to join The Startup’s +8 million monthly readers & +788K followers.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store