• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

How Bitcoin can surge to $350,000: Jeremie Davinci's Perspective

user avatar

by Giorgi Kostiuk

a year ago

Jeremie Davinci, an early Bitcoin adopter, took to Twitter to express his outlook on the cryptocurrency's future price.

Jeremie Davinci’s Prediction

Jeremie Davinci stated that it currently costs miners about $70,000 to produce one Bitcoin. He noted that in past bull markets, Bitcoin's price has exceeded the mining cost by more than five times. Considering current expenses, the cryptocurrency's price could reach $350,000.

It costs miners about $70k to produce 1 Bitcoin now, less with better hardware or cheap energy. In past bull markets, Bitcoin’s price has hit over 5x the mining cost. Huge potential ahead!Jeremie Davinci

Robert Kiyosaki's Reaction

Renowned investor and author of the book 'Rich Dad Poor Dad,' Robert Kiyosaki, expressed his joy over Bitcoin's price drop below $96,000. He sees it as a great buying opportunity. Kiyosaki also reminded the community that almost 20 million out of 21 million Bitcoins are already mined.

Future of Bitcoin Mining

Following the April 2024 halving, the Bitcoin block reward will be 3.125 BTC. According to Satoshi's plan, the final Bitcoin will be mined in the year 2140.

Bitcoin forecasts and opinions continue to draw interest, showcasing both its growth potential and new market opportunities.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

ASML Announces Job Cuts as China Sales Forecast Declines

chest

ASML announces job cuts of approximately 1,700 workers in the Netherlands due to a decline in sales forecast for China, where export restrictions have impacted sales.

user avatarNguyen Van Long

ASML Exceeds Expectations with Record Bookings and Share Buyback Announcement

chest

ASML reported record bookings of 132 billion for Q4 2025 and announced a 12 billion share buyback program.

user avatarKofi Adjeman

OpenEden Unveils PRISM: A New Yield-Bearing Token Portfolio

chest

OpenEden has launched PRISM, a new portfolio of yield-bearing tokens, aimed at providing regulated investment alternatives in the crypto space.

user avatarRajesh Kumar

Shanghai Silver Prices Break 140 Mark

chest

Silver prices in Shanghai have just cracked 140, blowing past global benchmarks.

user avatarJesper Sørensen

Wiki Finance Expo Thailand 2026 to Unfold in Bangkok

chest

Bangkok is set to host the Wiki Finance Expo Thailand 2026 on April 24, uniting over 7,000 attendees, 50 speakers, and 70 exhibitors to discuss the future of digital finance.

user avatarSatoshi Nakamura

XYZVerse Ensures Security and Sustainability in Token Economy

chest

XYZVerse has implemented institutional-grade security measures and a sustainability initiative to ensure long-term value for its token holders.

user avatarLucas Weissmann

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.