Satis Group: bitcoin Price could reach $96 thousand within 5 years
According to a study by Advisory firm Satis Group,
from the point of view of trends towards the growth of cryptocurrencies over the next five years the BTC will reach $96000, Monero (XMR) $18000 and Decred (DCR) $535.
It is projected that Ripple (XRP) will have price around $0.01., and the cost of BCash (BCH) will fall to $268 after fail “brand recognition and minimal technological advantage.”
The research team predicts that “Ethereum platform” by 2028 will lose almost half the market share:
“Despite the fact that we recognize a strong community around the network the ETH, there are shortcomings in design and management that will lead to future conflict and renew the network, in particular, in achieving consensus PoS”.
The study also assesses scriptaction required to support the projected economy, and assesses the state of the market for the next ten years.
According to the report, the cost of scriptaction needed to support the economy, will increase from $500 billion next year to $3.6 trillion by 2028.
Earlier this month, analysts at Sanford C. Bernstein & Co. suggested that the income of cryptocurrency exchanges could double to reach $4 billion in 2018, and the report Icorating for the second quarter of 2018 showed that the ICO market has doubled during the year.