The way to $10 million is provided that hyperbitcoinization will occur 3 years earlier. In any case, we are considering a range from $10 million to $100 million, which we can come to in the next 20 years. Although this period of time may not seem large enough, it should be taken into account that "bitcoin is network money for network economy". Exponential levels of growth are difficult to perceive as we tend to make predictions based on linear time periods. However, in a short period of time, computers and the Internet have become an integral part of our lives and key economic drivers. The long-term bitcoin trend and continued exponential growth support the view that one day bitcoin can capture all the economic value in the world. Hyperbitcoinization Pragmatists can claim that Bitcoin as money will only be a part of the digital and "paper" money system. In certain regions and areas, Bitcoin may become the dominant currency and begin to meet limited (but valuable) n
The price of Bitcoin will not be able to grow forever, because at a certain stage of the crypt currency will absorb all economic value in the world. Let's first consider the scenario where the price of bitcoin reaches $100,000,000 per coin. I use the "bubble top" and non-linear regression line model to represent the channel. The orange line corresponds to a non-linear regression curve. The green line is drawn at the tops of early Bitcoin bubbles. The last price jump of the Bitcoin was a microbubble and did not reach this line. The channel is narrowing as the price approaches $100,000,000 in 2030. I assume that the price of a bitcoin will fluctuate within these limits, tilting less and less as it moves towards a state of hyperbitcoinization. We can see on the chart that, theoretically, the price of a bitcoin can rise above $500,000,000 where two lines meet. However, as mentioned above, innovative technologies are reaching the saturation stage and we should assume that bitc