A Major Tesla Investor Has Predicted Bitcoin Will Be Worth More Than $1 Trillion In Under 10 Years
U.S. · BUSINESS · TECH
October 4, 20202 min read409 words
Published: October 4, 2020  |  2 min read409 words
BETAThis is a BETA experience. You may opt-out by Oct 4, 2020,Bitcoin has had , adding over 40% to its price so far this year—and taking its market capitalization to around $200 billion.The bitcoin price, which began the year at around $7,000 per bitcoin token, has been on ,...
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Sensational
October 5, 2020
Article is ultimately clickbait meant to entice with the bullish sentiment of one random analyst, while also conflating "price" of bitcoin (currently just over $10,000) with "total value" of bitcoin's MARKET CAP (currently just over $200B) to make it seem like the price will go from $10k to $1T in just a few years.
October 5, 2020
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Balanced
October 5, 2020
This is a pretty good look into some analysts at ARK Invest's predictions that the value of the Bitcoin network could go from it's current $220 Billion valuation to upwards of $1-5 Trillion in market capitalization. The article doesn't provide much insight into why analysts think that the price will continue to increase or why it will go up so much in the stated 5-10 year period, but overall it's a good overview of where investors speculate the future price per Bitcoin could be headed.
October 5, 2020
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