Disclaimer:

Disclaimer: The blog posts and comments on this blog and posts on social networks are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is". The blog is stocks analysis and valuation, Bitcoin, Cryptocurrencies, Artificial Intelligence, AI, deep-learning focused. Independent, unbiased AI insights. Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blog posts on this blog and posts on social networks. Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blog post and posts on social networks! The blog is property of Wolfteam Ltd. www.wolfteamedge.com Respectfully yours, Petar Posledovich

Friday, June 3, 2022

Cryptocurrency Valuation. Bitcoin Valuation


I think Bitcoin's price will be more than 200 000 USD in 10 years time.

On average cryptocurrencies' prices should rise more than five fold in 10 years time.

Crypto is disruptive because the government cannot get its hands on it, security agencies cannot track it, cryptocurrencies serve as store of wealth, in the mid term at least, cryptocurrencies can be used as an unit of account and crypto is a means of exchange.

In addition, Bitcoin and other cryptocurrencies' underlying blockchain algorithm is arguably the greatest innovation in the last twenty years. When implemented, blockchain will change almost every industry and area of modern day life.

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