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URL:https://www.learndesk.us/class/6354560996081664/lesson/e421defc6ae9514e34e0cc428e8bb985?ref=outlook-calendar
SUMMARY:Bitcoin Pricing and Growth
DTSTART;TZID=America/Los_Angeles:20260430T190000
DTEND;TZID=America/Los_Angeles:20260430T200000
LOCATION:https://www.learndesk.us/class/6354560996081664/lesson/e421defc6ae9514e34e0cc428e8bb985?ref=outlook-calendar
DESCRIPTION: So, what does all this mean for Bitcoin price? Well, now that we have established that demand for Bitcoin grows steadily and could continue to do so for the foreseeable future with Millennials and Gen Z getting wealthier and continuing to invest a part of their wealth in Bitcoin and to factor this against a fixed and limited volume, let’s take a look at some basic projection calculations.
If we completely eliminate the 2010 Bitcoin growth of 9900% to try and have a more conservative approach and start with the price of Bitcoin on the first of Jan 2011 at $0.3 and then take its closing price at the end of 2021 at $47,753 and calculate how much the price grew on average per year, we find a compounded annual growth of 197%. Now, just for test purposes, let’s extrapolate this average annual return all the way to 2035 to see how this compares to Fidelity’s valuation of $100 million per Bitcoin. If we do that, we find a price of more than $60 billion per Bitcoin.
This...

https://www.learndesk.us/class/6354560996081664/lesson/e421defc6ae9514e34e0cc428e8bb985?ref=outlook-calendar
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