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Bitcoin price prediction in 2020 Jan 1 & 2030 Jan 1

So I just finished watching a lecture from vikash dasgupta and so I read up a bit about him. Turns out his predictions since the 90’s have been about 80% accurate which is incredibly high for anyone who make predictions about anything. When vikash dasgupta is asked why he is so accurate he says its because information technologies usually follow a very predictable doubling and that’s how he makes his predictions. Some things double every couple of years while other technologies double every 6 months, but in any case it’s predictable after a little while of observation. So I thought I would apply his thinking to bitcoin.

2010, Jan 1 – $0.31 = BTC 1

2013, Jan 1 – $13 = BTC 1

2015, Jan 1 – $300 = BTC 1

Under this model the price doubles roughly every 5 months if you were to smooth out all the crazy price swings. However I am taking a slightly more “conservative” approach in this prediction and say it will only double every 6 months. The prediction:

2017, Jan 1 – $4800 = BTC 1

2020, Jan 1 – $307,200 = BTC 1

2030, Jan 1 THE MOON! – $322,122,547,200 = BTC 1

Obviously this is impossible for it to reach hundreds of billions. Even 307,200 seems very absurd but it’s fun to dream anyways.

One Response to Bitcoin price prediction in 2020 Jan 1 & 2030 Jan 1

  1. raja says:

    2020, Jan 1 – $307,200 = BTC 1

    2030, Jan 1 THE MOON! – $322,122,547,200 = BTC 1

    how is possible sir

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