Jameson Lopp, one of the software engineers of the Blockchain security company BitGo, which was founded in 2013, wrote that if the 7-year trend continues, the Bitcoin price will be 250 thousand dollars in 2020.
According to the account that Lopp published on his personal Twitter profile, Bitcoin, Mt.. Gox scandal, it has consistently increased positively in daily value change since 2010.
Bitcoin has increased by 0.09, 0.22 and 0% in the last 3 years in 2015, 2016 and 2017 respectively. increased exponentially by .66 percent. In 2017, Bitcoin increased by 0.66 percent per day due to its rise from $ 980 to $ 2750 in six months. it will be. This assumes an average daily value increase of 0.42 percent.
Wishful thinking: if 7 year trend of +0.42% per day continues then 1 BTC will be valued at over $250,000 in 2020. https://t.co/40ofMJtU6J
— Jameson Lopp (@lopp) June 6, 2017
But Bitcoin’s value is linear cannot be predicted based on a calculation and graph. Price changes in Bitcoin depend on many factors and cannot be calculated according to a certain formula.
Petersen said ‘100 thousand dollars’
On the other hand, regarding the future of BTC, there has been a lot of media coverage recently. frequent comments and analyzes began to appear. Kay Van-Petersen, an analyst at Saxo Bank, told CNBC that the value of Bitcoin will reach $ 100,000 in 10 years.. Petersen is a name to be reckoned with as he accurately predicts BTC will exceed $2,000.
Cramer ‘rocks unsupported’: $1M
Petersen’s with solid data In addition to the predictions it supports, there are also those who shake it without support, so to speak, like Jim Cramer.. Cramer stated in a program broadcast on CNBC screens that the value of Bitcoin could reach up to 1 million dollars.