• Advertise
  • Submit a Press Release
NewsBTC
Bitcoin & cryptocurrency news today, price & technical analysis
Price & Market
Cap Data from
Nomics Logo
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Cardano
    • Tezos
    • EOS
    • Chainlink
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Education
    • Accepting Bitcoin payments
    • Using Bitcoin
    • What is Bitcoin Mining
    • How to Trade Bitcoin
    • How to Buy Bitcoin
    • Digital Currency Exchange
    • Proof of Existence
    • Is Bitcoin legal?
    • Bitcoin Books
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • TradeeToro
  • Gamble +Try
  • Play GamesTry
No Result
View All Result
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Cardano
    • Tezos
    • EOS
    • Chainlink
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Education
    • Accepting Bitcoin payments
    • Using Bitcoin
    • What is Bitcoin Mining
    • How to Trade Bitcoin
    • How to Buy Bitcoin
    • Digital Currency Exchange
    • Proof of Existence
    • Is Bitcoin legal?
    • Bitcoin Books
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • TradeeToro
  • Gamble +Try
  • Play GamesTry
No Result
View All Result
NewsBTC
No Result
View All Result
Price & Market
Cap Data from
Nomics Logo
Home Cryptocurrency news Bitcoin

Research Firm Satis Group Predicts Bitcoin at $144,000 in 10 Years, Bitcoin Cash at $180

newsbtc by newsbtc
2 years ago
in Bitcoin, Cryptocurrency news, Cryptocurrency Technology, Ethereum, Technical analysis
Reading Time: 3min read
Bitcoin
Advertisement
Listen to Article

Research firm Satis Group has released a new report making bold price predictions about the current leading cryptocurrencies on the market. It is attempting to create accurate valuations based on real-world data.

Individual Crypto Asset Valuations

As an emerging, disruptive technology that’s value isn’t yet fully understood or demonstrated, it’s increasingly difficult to give each individual crypto asset a valuation. This creates wild price volatility led by speculators working through natural price discovery.

The report, penned by researchers Sherwin Dowlat and Michael Hodapp, is a deep dive into cryptocurrency market valuations. The duo used a combination of peer-based metrics, quantity theory, discounted cash flow models, and economic forecasting to come up with their valuations.

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

Satis Group’s research suggests that Bitcoin (BTC), the original cryptocurrency created by Satoshi Nakamoto that started it all, will unsurprisingly continue to reign supreme. They project that it will be priced at $96,000 by the year 2023, and could reach nearly $144,000 before the end of the next decade (sorry, McAfee).

The next highest value cryptocurrency is Monero (XMR), which Satis predict could reach over $18,000 within five years. By 2028, XMR is estimated to be worth as much as $39,000 according to the report. Satis suggest the “largest upside” in the “entire crypto asset market” is in the privacy sector. The firm believes that the network effect, similar to what’s happened with Bitcoin since its inception, would be repeated with the dominant privacy coins.

Zcash (ZEC) and Dash (DASH) are right behind Monero with five-year valuations of roughly $4,400 and $1,900 respectively. In 10 years, Zcash could be valued over $9,000, while Dash would come in just under $3,000.

Litecoin (LTC) is predicted to never again reach its all-time high price of $375, with its 10-year outlook performing at just $225.

Ethereum (ETH), the number two cryptocurrency by market cap, has struggled throughout 2018 after reaching an all-time high of $1,432. Interestingly, like Litecoin, the report suggest that it won’t ever reach that high a valuation again. Statis does believe that Ethereum will rise from here, peaking in 2019 at $882, then dropping roughly $100 per three, five, and 10 years out.

Other entries from the current cryptocurrency market top 10 will suffer far worse fates than Litecoin and Ethereum. These will not only decline in value and never reach their previous all-time highs, but will see their prices drop significantly lower than their current bear market prices.

Ripple (XRP) for example, will end up valued at $0.004 in 10 years, according to the data. Stellar (XLM), which shares the same founder as Ripple, Jed McCaleb, will see consistent prices between $0.01 and $0.02 over the next 10 years. Cardano (ADA) shares a very similar fate, dropping to $0.0001 10 years out.

That leaves just EOS (EOS) and Bitcoin’s hard fork, Bitcoin Cash (BCH). EOS oddly drops off to an estimated $0.05 a year from now, only to reach lower than current prices of $4.50 and $4.80 in five and 10 years. Unfortunately for frontman Roger Ver, Bitcoin Cash will fail to see prices over $1,000 again, and won’t come close to its previous all-time high of $4,330. Satis suggests Bitcoin Cash will decline to as low as $268 in 2023, and only $180 in 2028.

Featured image from Shutterstock.
Tags: bitcoinBitcoin CashDasheosethereumLitecoinmoneroRipplesatis groupstellarZCash
TweetShare
Nexo Logo
BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner? Win up to $1,000,000 in One Spin at CryptoSlots
newsbtc

newsbtc

Related Posts

bitcoin dangerous triangle pattern

A Dangerous Technical Pattern In Bitcoin Is Back, And It Is Breaking Down

3 hours ago
Bitcoin

Here’s Why Coinbase Whales Contributed to Bitcoin’s Sub-$30,000 Plunge

3 hours ago
Ethereum

Ethereum is Showing “Exceptional Signs of Strength” as Bulls Defend Crucial Level

7 hours ago
Saylor: Institutional Interest in Bitcoin is Bigger Than You Think

Saylor: Institutional Interest in Bitcoin is Bigger Than You Think

10 hours ago
3 Things Bitcoin Traders Should Watch in FOMC’s First Meeting of 2021

3 Things Bitcoin Traders Should Watch in FOMC’s First Meeting of 2021

12 hours ago
Ripple (XRP)

Charted: Ripple (XRP) Testing Crucial Support, Why It Could Nosedive

16 hours ago

Premium Partners

Top Brokers

eToro

eToro

Review · Visit
Evolve Markets

Evolve Markets

Review · Visit
ArbiSmart

ArbiSmart

Review · Visit
PrimeXBT

PrimeXBT

Review · Visit
Moneta Markets

Moneta Markets

Review · Visit

Top Casinos

BitStarz

BitStarz

Review · Visit
CryptoSlots

CryptoSlots

Review · Visit
mBit

mBit

Review · Visit
CryptoGames

CryptoGames

Review · Visit
Bonusfinder DE

Bonusfinder DE

Review · Visit
Bspin

Bspin

Review · Visit
Wolf Bet

Wolf Bet

Review · Visit

Top Sportsbooks

1xBit

1xBit

Review · Visit

Press Releases

FEB Inc. Announces a New Service, Cost-Effective PR Media Packages for East Asian Markets

January 27, 2021

Hodlnaut Partners with Crowe Singapore to Perform Independent Verification of US$106 Million of CryptoAssets

January 27, 2021

Helio Lending Pivots into Becoming a CeFi Aggregator

January 27, 2021

Newsletter Signup


ABOUT US

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

COMPANY

  • Advertising
  • Comments Policy
  • Privacy Center
  • Sitemap
  • About Us
  • Contact

Technical Analysis

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Chainlink (LINK)
  • Cardano (ADA)
  • Tezos (XTZ)

LINKS

Auto Trading Software ▸

Cryptocurrency news

  • Bitcoin
  • Ethereum
  • Ripple
  • Chainlink
  • Cardano
  • EOS
  • Tezos

© 2020 NewsBTC. All Rights Reserved.

  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Cardano
    • Tezos
    • EOS
    • Chainlink
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Education
    • Accepting Bitcoin payments
    • Using Bitcoin
    • What is Bitcoin Mining
    • How to Trade Bitcoin
    • How to Buy Bitcoin
    • Digital Currency Exchange
    • Proof of Existence
    • Is Bitcoin legal?
    • Bitcoin Books
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Trade
  • Gamble +
  • Play Games

© 2020 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.