A survey from Genesis Mining has found that most Bitcoin investors aren't expecting a $50,000 BTC price in 2030 — although 3.5% of respondents tipped prices exceeding $500,000.
British Virgin Islands-based institutional mining platform, Genesis Mining, has published the findings from a survey of 1,000 current and former US-based Bitcoin investors — two-thirds of whom believe BTC is a better long-term store of value than the dollar.
More than half of respondents believe Bitcoin will beat out gold, real estate, and the stock market over the five to 10 years, with 65% expressing faith that BTC’s value will continue to appreciate with time.
The bear case
But despite the apparently favorable sentiment, just 17% of those surveyed predicted that Bitcoin’s price would exceed $50,000 by 2030.