Bitcoin Conference 2024: Michael Saylor Reveals Major Bitcoin Price Prediction

Quick Summary:

This optimistic forecast represents a massive increase from its current market cap of just over $1 trillion, suggesting Bitcoin could overshadow traditional assets like art and gold.

He suggests that Bitcoin held with a custodian could have a useful life of 1,000 years, self-custodied Bitcoin 10,000 years, and Bitcoin maintained by AI could last 100,000 years.

MicroStrategy began its Bitcoin acquisitions in 2020 following the pandemic-induced market crash.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Elena R

Category: Crypto

Markets: United States

Topics: Price Analysis Bitcoin News Bitcoin Conference 2024

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-27 @ 04:49:45 (20 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 401 words

Reading Time: 3 minutes read

Sentences: 32 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 21788832

View Article Analysis

About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 17 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #112

Publisher Details

Frequently Asked Questions