On December 15th, according to foreign media reports, Genesis Mining, an institutional mining platform headquartered in the British Virgin Islands, announced the results of a survey of 1,000 Bitcoin investors in the United States. The price of the currency will reach $50,000.
Survey data shows that two-thirds of people believe that Bitcoin is a better long-term store of value than the US dollar. More than half of the respondents believe that in the next 5 to 10 years, Bitcoin will beat gold, real estate, and the stock market, and 65% of the respondents believe that the value of Bitcoin will continue to appreciate over time.
In terms of Bitcoin price, it is divided into bearish and bullish. Although the current price of Bitcoin is very good, only 17% of respondents predict that the price of Bitcoin will exceed $50,000 by 2030. Another 17% predict that the price of Bitcoin will actually fall within the next ten years. Nearly one-third of respondents expect Bitcoin’s performance to be stagnant or bearish in the next 10 years. They expect Bitcoin will be hindered by regulation, and one-fifth of respondents expect the government to completely ban cryptocurrencies.
From a bullish perspective, one in ten predicts that the value of Bitcoin will reach 6 digits or higher in the next 10 years. Almost 30% of the bullish respondents believe that the decline in people’s trust in fiat currencies will drive the adoption of Bitcoin, while 25.8% expect “a great economic depression” to trigger widespread Bitcoin adoption.
A quarter of the investors in the survey allocate more than half of their wealth in virtual currency investments, a quarter of investors have crypto investment exposures between 10% and 50%, and another quarter of investors Of crypto investment exposure is between 1% and 10%. Last month, a survey conducted by deVere Group of 700 high-net-worth individuals found that by 2023, 73% of millionaires will own or plan to invest in crypto assets.
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