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Gate Square New & Returning Creator Rewards are ongoing!
Your ideas may be more valuable than you think!
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📊 Bitwise values $BTC at $1.3 millions by 2035
Bitwise's chief investment officer, Matt Hougan, presented their model for valuing $BTC. Their target is $1.3 millions in 10 years. This theory is based on the potential growth of $BTC share of gold's market capitalization from 9 to 25 percent.
This is essentially a guess—who will even remember all these conferences and big talk in 10 years? If BTC doesn't even come close to this target, the company will simply remain silent. If it does, headlines like "We warned you" will appear.
This is a viable idea for buying BTC for 10 years, but this strategy is only suitable for those with capital of $50,000+ and who can afford to leave it alone for the entire 10 years. Otherwise, it's better to work in cycles and not just with BTC.