If this is the question you have on your mind, you probably know a lot about Bitcoin. If not, then we advise you to do your research on the basics of Bitcoin before you get mesmerized by how much Bitcoin will be worth in 2025.
In this article, you will encounter financial terminologies, statistics and numbers related to Bitcoin’s performance in the past couple of years and its prediction for the next five years. We have simplified all the charts and graphs to help you understand, simply, the trend of Bitcoin pricing. So, keep reading!
Bitcoin Price Prediction by Famous Personalities
There are 21 million Bitcoins produced yet, and around 25 million users around the globe. The numbers are increasing every second and so is the fluctuation in the price of one Bitcoin. Bitcoin is not sold by an organization and neither is there any government interference in this crypto world. So how do the rates of one Bitcoin fluctuate?
Billion dollar companies and billion dollars worth personalities use their influence and fanbase to change the tides of cost of per Bitcoin. Billionaire investor, Paul Tudor Jones, has 2% of his assets in Bitcoin. He says that it is an amazing opportunity to diversify one’s portfolio. CEO of J.P. Morgan, Jamie Dimon, advises people to stay away from Bitcoin and calls it all a ‘fraud’.
Max Keiser, investor and host of the Keiser Report, predicts that one Bitcoin may be worth $100k in one to two years and probably reach $400k in 2025-26. Robert Kiyosaki, the best-selling author of the book ‘Rich Dad and Poor Dad’, believes that gold and Bitcoin are the future of a healthy portfolio. He predicts Bitcoin to be worth $75k in the next two years and gold to be worth $3k an ounce. You can open an account with Bitcoin Traders App and start trading.
How Billion Dollar Companies Influence Bitcoin’s worth?
Being a part of the crypto world, we are already accustomed to the ways company decisions influence the stock market. A good example is the famous electronic supercar company, Tesla.
The CEO of Tesla, Elon Musk, was all in and for Bitcoin. Tesla even invested $1.5 billion into Bitcoin and because of this, the price of one Bitcoin rose to about $50k. Bitcoin did experience a downfall when Tesla, altogether, withdrew its support for Bitcoin after learning about the coal emissions caused by Bitcoin production.
BitPay, a Bitcoin payment service provider, had performed $1 billion worth of transactions in the year 2019. LAToken, a Bitcoin exchange platform, promises assets worth $1.2 trillion by 2025.
What will Bitcoin be worth by the year 2025-31?
To set a clear range, Bitcoin will be worth anywhere from $100k to $500k in the next four to five years.
In the years to come, probably around 2030-31, Bitcoin will be responsible for 20% of global purchasing power. Global purchasing power is nothing but the amount of goods and services a unit of money can buy.
Bitcoin is predicted to hit a $250 trillion market cap in terms of the 2031 dollar value. This simply means that, considering the raw value of the dollar for the year 2031, Bitcoin will occupy $250 trillion worth of outstanding shares all over the globe. If you don’t know what market cap means, we have got your back!
For example, a company owns 10 shares that it is willing to offer to the public. Each share is worth $100. So, the total price of outstanding shares is 10*100 i.e., $1000. This $100 is nothing but the market capitalization or market cap of the company.
Taking into consideration the inflation, Bitcoin could occupy $20 trillion worth of outstanding shares in today’s dollars. This means that one Bitcoin could analytically be worth $21 to $22 million in the next seven to ten years but bringing inflation into the picture, one Bitcoin could be worth $1 million in the 2021 year’s dollar.
Future Actions that Will Influence Future Bitcoin Rates
When it comes to money, no news is on time and about the current time. Fluctuation in inflation causes fluctuation in share prices which cause fluctuation in goods and services that further add oil to the burning flame of inflation. It is a vicious cycle. The only way one can swim above the tides of inflation is to welcome new kinds of opportunities that will help diversify your portfolio.
Future actions and company decisions will always influence the rates of Bitcoin. Here are some articles talking about it. These are not according to the current times but they will help show you how much companies hate and love Bitcoin.
- Trump may ban Bitcoin
- Bitcoin 2024
- Elon Musk tweet June 14, 2021
- Bitcoin price jump, June 14 2021
- India bans crypto currency
- India Bitcoin ban, June 14, 2021
The Bottom Line
Bitcoin has been on the rise of popularity as well as price since its introduction into the stock market. It has been growing slowly but confidently with many falls here and there. If you are thinking about Bitcoins being a new tunnel to diversify your portfolio, then it’s a good thing to invest in. It is a lot riskier if you are day trading with Bitcoins but if you’re confident enough and have the knowledge to do so, no one can stop you.
People are not buying Bitcoins because it feels new and riskier than any cryptocurrency. Some might start buying after analyzing its growth and this is exactly how Bitcoin is going to dethrone paper currency. People across the world have already started using Bitcoin to pay for their daily purchases.
There are websites and mobile applications that help you create your own Bitcoin wallet and offer you a platform to buy, sell and store cryptocurrencies. The world is changing and so do we have to. In this world of risks and money, remember that everything is a suggestion and not an advice.
We hope this article on the prediction of Bitcoin rates for the year 2025 has shown you the dominance it is going to have in the future. Do your research and take calculated risks. Do not put your life savings at risk just to make some quick bucks. You might lose more than what you had invested!