Is Bitcoin’s price headed to $500,000? Peter Smith, CEO of Blockchain, and Jeremy Liew, renowned venture capitalist, have projected that the cryptocurrency will reach that milestone by 2030.
Bitcoin’s value has been on the rise since its introduction in 2008, just recently reaching an all-time high of over $4,000. In 2017 alone, the price of Bitcoin has more than tripled, making it one of the fastest growing investments of the year.
Take a look at the infographic below where we map out Bitcoin’s potential path to $500,000. Whether it reaches that mark (or goes even higher), one thing experts agree on is that Bitcoin is on a rocketing path of growth that is unlike any other investment asset.