Early Bitcoin predictions could prove to be wrong
Early Bitcoin predictions could prove to be wrong

The cryptomarket has always been a hot topic among investors. Recently,  the future outlook of Bitcoin has become the subject of hot arguments. According to Satoshi Nakamoto, creator of the No. 1  cryptocurrency, by the year 2030 Bitcoin could follow one of the two scenarios: the leading digital asset will either have large transaction volume or no volume at all. Satoshi Nakamoto’s prediction has sparked a heated debate in the cryptocurrency world. Experts doubt that BTC transactions will inevitably surge. At the same time, zero volume transactions are very unlikely as well. Gavin Andresen, one of the first cryptocurrency enthusiasts and Bitcoin developer, opposed the statement made by Satoshi Nakamoto in January 2010. He is sure that Bitcoin has a different way to follow. The digital currency is likely to take a middle ground between the enormous growth of transactions and zero volume. The computer scientist believes that in 10 years BTC could be a niche coin for its advocates with about the same transaction volume as today. Gavin Andresen’s expert opinion can be fully trusted as he has 10 years of work experience in the crypto sphere. The crypto enthusiast was a project leader at Bitcoin Core and supported the Bitcoin Cash fork.

Published: 2020-02-03 10:03:12 UTC
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