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Survey: Most Bitcoin Investors Believe BTC is a Better Long-term Store of Value Than the Dollar
Summary: British Virgin Islands-based institutional mining platform, Genesis Mining, has published the findings from a survey of 1,000 current and former U.S.-based Bitcoin investors — two-thirds of whom believe BTC is a better long-term store of value than the dollar. More than half of respondents believe Bitcoin will beat out gold, real estate, and the stock market over the five to 10 ...
British Virgin Islands-based institutional mining platform, Genesis Mining, has published the findings from a survey of 1,000 current and former U.S.-based Bitcoin investors — two-thirds of whom believe BTC is a better long-term store of value than the dollar. More than half of respondents believe Bitcoin will beat out gold, real estate, and the stock market over the five to 10 years, with 65% expressing faith that BTC’s value will continue to appreciate with time. However, only 17% of those surveyed predicted that Bitcoin’s price would exceed $50,000 by 2030. In total 50.1% of respondents estimated that BTC will be worth $20,000 or less by 2030, one third predicted the price will be $10,000 or less, and 11.8% forecasted prices below $1,001.
By Amy Liu
Tags: Bitcoin,genesis mining,Investors,Survey
Link: Survey: Most Bitcoin Investors Believe BTC is a Better Long-term Store of Value Than the Dollar [Copy]