30s Summary

MicroStrategy CEO, Michael Saylor, predicts that every Bitcoin not purchased now could cost you $13 million by 2045, based on a 29% annual interest growth rate. His model also anticipates Bitcoin reaching $130,000 soon, potentially $261,000 by 2025, and between $8.3 million to $21.6 million by 2045 if adoption rate continues at its present pace. However, these are only speculative figures and the author advises consulting a financial advisor before investing, and understanding Bitcoin’s potential.

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MicroStrategy CEO, Michael Saylor, made a bold claim about Bitcoin. His firm owns a big chunk of Bitcoin and he says every Bitcoin you don’t purchase now could cost you $13 million by 2045. This forecast is based on a 29% average annual interest rate growth for Bitcoin over the next 21 years.

If you’ve been following me, you’ll know about my “Rate of Adoption” model. This model looks at the growth of Bitcoin’s price in relation to the increase in non-zero Bitcoin wallets (wallets that hold at least a fraction of Bitcoin). This model accurately predicted the 2021 Bitcoin peak price of nearly $63,000.

According to my updated model, Bitcoin is expected to reach $130,000 soon, and in 2025, the price could be $261,000.

Of course, this is all speculation, based on the expectation that Bitcoin’s adoption rate continues to grow at its current pace. If we look at my model’s predictions, Bitcoin’s price by 2045 could be closer to $8.3 million or, on the more optimistic end, more than $21.6 million.

Important to remember, the crypto market is filled with folks who sell too soon. They might be satisfied with 60% or 100% profit, but end up cashing out before Bitcoin’s price skyrockets.

I’m not saying you should hold onto Bitcoin forever. But it’s worth considering holding for several years, unless something more promising comes along (which hasn’t happened yet).

Just remember: there’s no guarantee these predictions will become reality. It’s always smart to chat with a financial advisor before making investment decisions. And remember, understanding Bitcoin’s potential is key. Otherwise, it always seems too expensive to buy.

Regardless of what happens, I believe everyone ends up with the Bitcoin price they deserve.