What will the price of bitcoin be in 2027? According to Experts

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Avatar for Kolus290
1 year ago

Many of us ask this question in our mind many times a week at least. It is a question that many of us have to keep in mind, from my personal opinion, Bitcoin (BTC) is no longer a good investment option, simply because it has a lot of competition with other cryptocurrencies.

Bitcoin (BTC) from my point of view is something we can use to protect ourselves from a financial crisis or use this cryptocurrency to make peer-to-peer (p2p) payments that way we can make payments anonymously.

Experts say that Bitcoin (BTC) today is not the best investment option. This happens because every day new cryptocurrencies and decentralized systems are created and this will advance much more over the years, but I would like to mention that the Bitcoin (BTC) today has a lot of utility, if the Bitcoin (BTC) were the only cryptocurrency on the market then the price would be at least 10 times higher, why do I say this? Because the market cap would be at least 10 times higher, the demand for the cryptocurrency, the cryptocurrency would be in many staking systems.

I would like to get some Bitcoin Dapp, and I even know one, it is called CoinPayu, it is very good and above all legitimate. I found out about this platform thanks to a well known Youtuber in my country, I would like to try it to see how many “Satoshis” I can get from this website.

This is very uncertain, the price of Bitcoin (BTC) is something that is being studied a lot to date, why? Simply because the Bitcoin has become an ecosystem, just like the Ethereum (ETH) ecosystem, the Hive Blockchain ecosystem, I would also like to mention that the Bitcoin (BTC) has a lot of competition with other cryptocurrencies and this makes it no longer a cryptocurrency with much use, I mean, we who are users of the Hive ecosystem use more the Hive cryptocurrency in our daily life than the Bitcoin (BTC) cryptocurrency, we also do a lot of "staking" of this cryptocurrency, but, does this mean that the Bitcoin (BTC) no longer has a use?

On the contrary, Bitcoin today is the most used cryptocurrency, it does not mean that it is the most used cryptocurrency, only that it is the top 1 in market capitalization.

Many experts in cryptocurrencies and especially in the Bitcoin (BTC) cryptocurrency claim that the price can exceed one million dollars. If the Bitcoin (BTC) exceeds this price the cryptocurrency of the Hive Blockchain ecosystem can reach a price of up to $50. This is something I highly doubt, but it may exceed.

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From the desk of Carlos Mendoza, all rights reserved. ©

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1 year ago

Comments

That's what I too believe. People say, BTC will be dead. But there are many opportunities still available.

$ 0.01
1 year ago

Thank you for your comment It's good to know that you are here with us

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1 year ago