It's based on a few things. Firstly, based on my personal model I expect Bitcoin to reach a minimum of $1,000,000 per coin by 2028, $10M by 2031, $100M by 2035 and so on until the mining network's growth slows down which isn't happening anytime soon. This is based on the 0.2046% average daily growth of the potential bottom seen outside of major macro events causing long term growth to be delayed as happened in 2020/2021.
As the mining network continues to grow over time, and the halving and difficulty adjustment continues to reprice the Bitcoin rewards relative to energy input, the value of Satoshi's will rise to be large enough to divide with little controversy. For without further division the network will gradually become unusable over time as the value rises.
Once this division occurs, the transaction fees can further drop and extend the block subsidy's use as the primary block reward. When we increase division on a regular interval automatically akin to the difficulty adjustment, then the final block subsidy will not be in 2140 on the 32nd halving but in 2268 on the 64th halving when the world will have been using Bitcoin for over 250 years.
But after only 50 years the world will see Bitcoin as a necessity and not a curiosity, and a block subsidy and transaction fees will gradually no longer be the primary reason to mine as simply securing the network becomes it's own reward. Therefore the transaction fees will never support the mining of new blocks, for we will instead see a transition from a world of mining blocks for the block subsidy to a world of mining blocks for the security benefit it provides.
TheBitcoinBattery
npub1kl…fq497
2025-04-01 15:27:51
in reply to nevent1q…5udd
Author Public Key
npub1kl8aguhljq6yrmrv64dm2phew3pprfhx3ef9yh2zg3gkn0dq8adqzfq497Published at
2025-04-01 15:27:51Event JSON
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"content": "It's based on a few things. Firstly, based on my personal model I expect Bitcoin to reach a minimum of $1,000,000 per coin by 2028, $10M by 2031, $100M by 2035 and so on until the mining network's growth slows down which isn't happening anytime soon. This is based on the 0.2046% average daily growth of the potential bottom seen outside of major macro events causing long term growth to be delayed as happened in 2020/2021.\n\nAs the mining network continues to grow over time, and the halving and difficulty adjustment continues to reprice the Bitcoin rewards relative to energy input, the value of Satoshi's will rise to be large enough to divide with little controversy. For without further division the network will gradually become unusable over time as the value rises.\n\nOnce this division occurs, the transaction fees can further drop and extend the block subsidy's use as the primary block reward. When we increase division on a regular interval automatically akin to the difficulty adjustment, then the final block subsidy will not be in 2140 on the 32nd halving but in 2268 on the 64th halving when the world will have been using Bitcoin for over 250 years. \n\nBut after only 50 years the world will see Bitcoin as a necessity and not a curiosity, and a block subsidy and transaction fees will gradually no longer be the primary reason to mine as simply securing the network becomes it's own reward. Therefore the transaction fees will never support the mining of new blocks, for we will instead see a transition from a world of mining blocks for the block subsidy to a world of mining blocks for the security benefit it provides.",
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