A question that many people like to ask the most is, how much can Bitcoin rise in the future?
I like Bao Erye's answer to this question very much
The price of Bitcoin cannot be predicted in the short term, but it does not need to be predicted in the long term.
I think that in ten years, about three bull markets, Bitcoin will become a new story of value storage, which can basically be benchmarked against the market value of gold and become a new generation of value storage tool, then it will be about 1 million US dollars per coin.
More optimistically, if web3 represented by blockchain can really be implemented, with a variety of applications, and it brings about the subversion of a new generation of production relations, and brings a new paradigm for people's cooperation (countries, organizations, companies, etc.), then its price will be higher, reaching 1-10 million US dollars per coin is not a dream.
In the context of global recession, there will always be some new growth directions against the trend, right?
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