Please Note - none of the enclosed represents investment advice - please do you own research and seek professional advice as needed.The price of bitcoin in 10 years is nearly impossible to predict but the future will be subject to 2 main source of drivers as I see it :The Fundamentals :1) the halving every four years (the last one happened in July ‘16) will reduce supply coming through two more times within 10 years.2) Bitcoin (BTC) represents the digital gold standard - a safe haven when economic challenges are around - eg with Brexit it rose 15%, when DT got in it rose by 4.5% - with general economic uncertainty its role as a safe haven will become increasingly important.This will continue.3) BTC represents the reserve currency of the cryptocurrency space - to get into the new ICO's (Initial Coin Offferings - the IPO's for cryptocurrencies) you typically need BTC to buy in.New crytpocurrencies will rise exponentially - some will be absolute rubbish - some will be amazing.BTC will be used to buy them.4) With China playing an ever increasing role in the world economy, 80% are mined there and c 75% traded there - these will drive increased usage and awareness.

China currently has currency restrictions and monies are being shipped out of the country through bitcoin.5) Cryptocurrencies will become mainstream including BTC - although BTC will be a very minor cryptocurrency from a retail perspective - there will be a major retail coins created and used.The Downside is that Quantum Computing will be rising in commercial usage, which means the BTC protocol will need to be strengthened.glyph bitcoin appI chaired a recent blockchain conference here in Sydney, Australia and at a technical briefing it was postulated that there was a 1 in 14 chance bitcoin would be hacked with Quantum Computing.With the SHA-256 cryptographic algorithm (at the very core of BTC’s design), the chances of anyone randomly guessing a correct private key combination is estimated to be one in 115 quattuorvigintillions – that's a 1 followed by 77 zeros!bitcoin gecko

Now that sounds like a big number – and it is – there are more private key combinations than there are grains of sand on the planet.Currently it would take around 0.65 billion, billion years to hack.bitcoin felix moreno de la covaWith quantum computing this will dramatically change.In the absence of a hack - I think we will see somewhere between $12,500 - $15,000 per bitcoin.With a hack of the protocol - it will fall close to zero - until a massive patch is put in place, and gradualy rise from a zero base.I think the protocol will evolve over time to overcome this risk but it is an important one worthy of consideration.(Inbitcoin hedge fund malta: Blockchain: Down The Rabbit Hole: (Discover The Power Of The Blockchain) eBook: Tim Lea: Kindle Store we look at many future aspects of crytpocurrencies but be aware it is hard enough to predict 3–6 months ahead let alone 10 years.On February 4, 2026, the value of 1 OPBU (Original Provable Bitcoin Unit, which is currently called 1 BTC) will have a US Dollar exchange rate of $16,824.13 (at UTC 1700 = Noon ET).*The exchange rate will remain constant for the following 3 years, because at that time, the US will be in a conversion period during which the dollar is pegged to the free-floating value of Bitcoin (see note 2).* Notes:While $16.8K may not seem like a terribly big rise for Bitcoin, considering that it will be the official currency of 203 countries in 2026, it is equivalent to $1.7 million of today’s US dollars.bitcoin hunt makes newsweek the headline

That’s because of the treasury recall and conversion to new dollars on May 3rd 2022.bitcoin ictLater in the decade, this will become known as “May Day”.The term will be almost as ubiquitous as 9/11.Ironically, May Day will occur just weeks before the United States Treasury switches to Bitcoin.For the next 7 years, new dollars will be re-pegged to OPBU and Bitcoin will be treated as an asset-redemption guaranty, much in the way that dollars were pegged to gold prior to 1972.In 2026, there is no more Eastern Standard Time.The US Congress will authorize a switch to UTC (also known as GMT or Internet Time) in the final days of 2024.Ellery Davies is a frequent contributor to Quora.He is also co-chair of Cryptocurrency Standards Association and editor at A Wild Duck.Nobody can really give you a meaningful answer to this question.It could be nothing.It could be a fortune.My guess is that it'll be somewhere in between.

The real question, in my opinion, is should you invest in Bitcoin?For the answer to that question read the article I wrote for my webpage, Incorporating Bitcoin.Article 2 – Should I Invest In Bitcoin?That’s impossible to tell.I am pretty sure that in 10 years there will be totally new bitcoin use cases - that cannot be foreseen now.Just like it was impossible to predict Google based on understanding of what is WWW.But forget Google - how about Uber?This is second generation company based on nearly 100% adoption of internet.Also, since Bitcoin is a currency - its value will depend on the purchasing power of other currencies.So, I would make a prediction just based on assumptions that bitcoin will survive and will grow by about 30% per year - which should be about 7500$ in current prices.Why 30%?That’s more or less is what expected from something “risky” as bitcoin.I put risky in quotes because to anyone who understands Bitcoin is is obvious to see that the risk is a lot smaller than it appears to be.