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In a year’s time the ASP “phenomenon” will have ground to a halt. I won’t dignify it by calling it an industry, but whatever it is, will be no more.
Don’t get me wrong–the concept of software as a service, which is the essence of ASP, is a very good one, and, hence, is here to stay. The delivery of software to a user’s desk across a network is also set to become a major trend for the future.
So how can these two apparently contradictory statements be reconciled?
Let us look back a year or so, to the start of the ASP “phenomenon.” A small number of companies invested heavily in building data centers on the principle that “if we have this capability, customers will come.” Investors also held the view that there was massive potential in delivering applications from these centers to millions of small- and medium-sized enterprises (SMEs). Based on this potential, analysts started projecting billions of dollars of ASP business. Hence, more people began investing in the industry.
At the same time a whole host of software houses, network suppliers, ISPs, and consultants started labeling themselves as ASPs, thus fueling analyst forecasts. This, in turn, led to further investment and so the story continues.
Where Are We Now?
Most companies have finally realized that delivering applications as a service is not too different to delivering applications as a product. The service needs tailoring, it needs someone the customer can trust, and it needs expertise in both the product and the customer. Inevitably, there are exceptions, and real volume commodity businesses may emerge in real commodity spaces such as mail, messaging, and office.
However, for the most part, the level of skill needed to deliver applications across a network is higher than that required to deliver a product. What we, therefore, see today is many start-up companies retrenching practices and workforce and cutting costs. Many are also moving their business models to a more service-oriented model, with consultancy and tailoring being key elements.
What’s more, the term ASP has become tainted. ASP has the same ring about it as chúng tôi –it smacks of start-ups and perhaps unreliable organizations–exactly what you don’t want when entrusting your applications to another company. There is some justification for these concerns, as very little thought has actually been given to some of the risks of the software rental model.
Where Will We Be Next Year?
I believe we will see a managed service model emerging as a standard way of doing business. This will be a service delivered to a company by a Managed Service Provider (MSP), which may be on a rental model, and it may be shared to a certain extent or it may be individual to the company in question.
This new model will carry many of the benefits that were touted for ASPs. For example, time-to-market and availability of skills. But, to my mind, it will not carry expectations of a substantial price shift. There will also be no pretense that “one size fits all.” This new model will, however, require the same involvement between company and vendor as any application deployment always requires.
Some of the companies emerging as MSPs will have started out as ASPs. Others will emerge from an outsourcing or systems integration background. But, in order to succeed, this should be an activity founded on good practice and technology, and not on hype. As such, MSPs stand a good chance of becoming a self-sustaining, long-term component of the IT industry.
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Safemoon V2’S Gloomy Outlook Darkens, Will There Be A Turnaround?
Investors’ sentiment for SafeMoon V2 continued to stay negative.
Most of the technical indicators were bearish on SFM with no sign of recovery.
There is an old saying which goes, “whatever goes up must come down”. And this dictum is perhaps the most accurate depiction of the journey traced by SafeMoon V2 [SFM] over the last two years or so.
How many are 1,10,100 SFMs worth today
The decentralized finance (DeFi) token, which showed immense promise at the peak of 2023 bull run, has been going downhill in price and valuation with no end in sight for its woes.
Even the bullish cycle of 2023, which reinvigorated the broader crypto market, failed to infuse much life into the asset. On a year-to-date (YTD) basis, SFM was down more than 27%.
Nothing ‘Safe’ about this journeySFM, which was launched as a BEP20 token on the BNB Chain, was one of the many crypto assets that managed to rake in the moolah during the 2023 market frenzy. It saw soaring valuation and high demand from retail investors.
Furthermore, the SafeMoon team adopted a unique tokenomics model wherein, a 10% tax was imposed on each and every sale of SFM tokens. This strategy discouraged investors from selling as they were at a loss as soon as they invested, thus encouraging long-term holding. The proceeds from the tax were then distributed among SFM holders.
However, because of the mechanism, the community criticized the project as a Ponzi scheme. This was because it pays early adopters while needing an increasing amount of funding to continue rewarding those who join later.
Additionally, it was one of the first instances of the project coming on the radar of crypto watchers. The project tried to address this concern by reducing the rate to 2% for transactions and wallet-to-wallet transfers in its second iteration, V2. But this was not the end of SafeMoon’s problems.
Bitconnect was for a brief moment a top 10 #crypto, the people making money did not want to accept it was a ponzi, they made every excuse to justify it, and attacked anyone who stated the obvious.
Then it rug pulled and everyone lost big time. #safemoon is no different.
— Lark Davis (@TheCryptoLark) April 21, 2023
Investors lodge lawsuitsSafeMoon has been at the receiving end of numerous lawsuits, accusing the executives, several celebrities who endorsed the coin, of manipulating investors to hold their tokens.
A large part of the social hype around SafeMoon was driven by celebrity endorsements from musicians Lil’ Yachty and Nick Carter, and YouTuber Logan Paul. These celebrities were later sued by many SafeMoon investors as part of a class-action lawsuit, for being involved in a pump and dump scheme by promoting the SFM token with misleading information.
In a different lawsuit, SafeMoon was charged for selling tokens without identifying them as securities as required by the U.S. Securities and Exchange Commission (SEC).
In April 2023, popular Youtuber Stephen “Coffeezilla” Findeisen released a video, accusing the top management, including CEO John Karony, of indulging in possible fraudulent activities. While this was not proven in the courts of law, it did a fair degree of damage.
The latest predicament of SafeMoon was an exploit. A hacker used a bug in the smart contracts to deplete the liquidity pool. The attack cost Safemoon roughly $9 million worth of SFM tokens.
Interestingly, the hacker agreed to return 80% of the total amount, as per a 19 April update provided by SafeMoon.
Dear SafeMoon Family.
A 100BNB test was completed by the party holding the LP funds.
We have confirmed with them that the test was successful.
Next, they will return the full 80 percent of the BNB they hold to the same address.
Following this, SafeMoon tokens from a…
— SafeMoon (@safemoon) April 19, 2023
Gloomy outlookFaced by challenges from multiple fronts, SafeMoon’s future prospects looked dicey. Ambitious plans of launching a cryptocurrency exchange and its own blockchain were pushed back indefinitely.
While the project tried to instill a sense of optimism among its supporters by providing updates about its blockchain development, the absence of timelines summed up the development activity on the network.
Even the official Twitter handle of SafeMoon was dull and provided sporadic updates. This led to a drastic fall in SFM’s social mentions. The metric only showed an uptick when the news of the exploit was revealed.
Investors’ sentiment continued to trend in negative territory. Without any significant network development or real-world use case to put future bets on, users basically shied away from putting their money into a troubled asset.
Is your portfolio green? Check out the SafeMoon Profit Calculator
No sign of recoveryAt the time of writing, SFM exchanged hands at $0.0001556, down by 4.18% in the 24-hour period. The Relative Strength Index (RSI) was in the oversold territory, suggesting overtly bearish sentiment for the coin.
The On Balance Volume (OBV) has been in a free fall since mid-April, as capital continued to move out. The Moving Average Convergence Divergence (MACD) moved below the signal line in the negative territory. This added evidence to the rising sell pressure narrative.
Hardware Will Be The Savior Of 2003
If the IT economy is going to turn around, it will be the second part of next year led by a PC and low-end server upgrade cycle, so say industry prognosticators at several analyst groups.
Earlier this month, New York-based Fitch Ratings gave its assessment of major influences on the economy going forward and the next 6 months look pretty shaky.
“Any growth improvement will be gradual as end-user companies continue to face economic and competitive pressures, particularly in the telecommunications equipment segment. As a result, pricing pressure will remain severe as companies focus on maximizing network and system productivity in the lowest-cost manner,” said Fitch senior director Brendan Buckley.
Buckley says low levels of IT investment over the past couple years could lead to pent-up demand, but meaningful growth is unlikely. Fitch estimates the IT sector will grow by mid single digit rates in 2003 with the hardware segment, particularly personal computers, potentially experiencing the greatest turnaround.
Hardware watchers at Deutsche Bank Securities say the salesmen they’ve interviewed describe themselves as being “bruised and beaten up” after a tough 2002. Nonetheless, they feel they have seen the worst and are hopeful that demand patterns will gradually improve in 2003. Of the salesmen polled, some 80 percent believe a recovery is in the works for next year. One problem they point to is lack of new applications and the fact that CIOs are still looking for instant gratification and instantaneous ROI. Accordingly, they believe major new projects may take longer to be initiated.
“With that said, salesmen believe utilization rates are back to historical highs and they believe customers will be forced or compelled to look for upgrades and more computing power to meet these new demands,” said Deutsche Bank analyst George Elling. “While this is certainly a positive for the industry, the current pricing environment has driven price performance up dramatically which could lead to significant box replacements but at lower price levels.”
Out of the more than $1.26 trillion that the Aberdeen Group expects companies worldwide to spend on information technology next year, purchases will consist mostly of hardware, software, and services, with the services segment representing approximately 50 of the total. Even online marketing is expected to come back around in 2003.
“The catalysts for technology spending growth have undergone a fundamental change,” said Hugh Bishop, Aberdeen senior vice president and author of the report, Worldwide IT Spending 2003-2006: Measuring the Incremental Recovery. “Top-line revenues, capital spending levels, and national economic health now dictate IT purchases. As a result, industry growth will be more incremental and tied to basic business principles.”
Aberdeen’s numbers also indicate worldwide hardware expenditures will increase a total of only 8.3 percent from 2002 to 2006, while software and services will increase 27.2 percent and 17.7 percent, respectively, over the same time period.
Aberdeen expects that China will vault from the sixth largest market for IT products and services (in 2002) to the third largest market by 2006, surpassing the Germany, U.K., France, and Italy.
So why will hardware be the knight in shining armor for next year’s economy? The key, say analysts, will be price wars augmented by new technology.
Traditionally, Dell Computer had spurred the most response in the hardware market by aggressively cutting prices, but Fitch researchers say certain diverse product categories from IBM and Hewlett-Packard as well as their stronger credit profile give the top two server players the flexibility to keep Dell at bay as they fight for market share.
Analysts also say the blade server revolution is expected to continue as well as a need to upgrade to faster servers fueled by new Intel Xeon and Itanium server chips as well as the long-awaited AMD Hammer series semiconductors – Athlon64s (Clawhamer) and Opterons (Sledgehammer).
“From an industry and end-market perspective, IT growth in 2003 will be dependent on manufacturing, banking, and government spending. The consumer portion of IT spending represents slightly less than 7 of the total and this has declined over the years and should grow at a slower pace than the overall market in the next few years,” said Fitch Ratings Director Nick Nilarp.
Many companies are focused on hardware consolidation; however, Deutsche Bank says the high-end market is showing extremely mixed results. In the case of IBM’s zSeries, Linux has stimulated some demand and the traditional mainframe users remain a viable outlet for the product family.
“However, even after a turbo refresh in the fall, the current Z family needs a next generation product which salesmen believe will take place late in the first quarter or in the second quarter of 2003,” said Elling. “Although MIPS growth is likely to be somewhat anemic in Q402 we believe IBM has held its own quite well.”
With regard to other high-end mainframe equivalent offerings including F15K from Sun and SuperDome from Hewlett-Packard, Deutsche Bank says salesmen view demand as somewhat mixed, reflecting a high-end IT spending problem. Demand for the high-end tends to be from existing users that have budgeted for large systems as critical projects. With customers looking to save funds, the consolidation trend has largely slowed. Sun salesmen categorized F15K business as being “okay” but certainly not stellar and Hewlett salesmen point to good growth in SuperDome, although from a somewhat limited base.
Mid-range servers are still the domain of Unix as neither NT nor Linux scale above a 4- or 8-way system effectively. However, analysts are watching this market closely and believe Intel-based servers, Linux, and to some extent NT will begin to gain momentum in this area over the next year. Traditional workhorse machine such as the 6800 from Sun, the Regatta (p690) from IBM, and the N-series from HP have all had their days in the sun. Momentum is currently not what was seen in the late 1990s and Dell has its sights on this marketplace.
“As yet, salesmen at other companies do not view Dell as a key competitor. Lower end products like the V880 and the soon to be introduced 1280 from Sun as well as the p650 and p670 (Baby Regatta) from IBM are also encroaching on this market,” said Elling.
Deutsche Bank says significant demand continues to be seen for low-end servers and it is here that most analysts point to Linux, NT, and Intel-based server as dominant factors. Dell’s aggressive marketing thrust and the intrigue of Linux has fueled overall demand. Although companies like Sun with its LX50 and others are still attempting to hold on to their market share, Deutsche Bank says salesmen surveyed about this low-end servers view this market as a particularly difficult one in which to stave off encroachment.
The open source community continues to gain momentum and major corporations are increasingly looking to Linux as a key operating system for the future.
“Although our sales contacts have mixed views, it seems as if the Linux momentum will be difficult to stop,” said Elling.
Criticisms of Linux revolve around scalability, but this problem should be solved in the near future. In addition, as an open source community, some believe the necessary protocols and systems will be difficult to standardize. Some salesmen, particularly at Sun, point to the current lack of true applications to run on Linux.
The company most likely to be negatively impacted will be Sun (although Sun has endorsed Linux and is probably debating internally how aggressive to become in this arena). For now, Sun appears to keep Linux on the periphery and maintain its power sales on Solaris.
Finally, while the majority of analysts say the big boom of the late 90s will not show its head for some time, 2003 should be noted as a recovery year.
Long-term IT spending is gated by gross domestic product (GDP) growth and corporate revenue growth. IT spending now accounts for 3.88 percent of the world GDP and 4.42 percent of the U.S. GDP.
Difference Between Jsp And Asp
JSP and ASP are both server-side scripting languages. JSP is Java based and is developed by Sun Microsystems, whereas ASP is developed by Microsoft and is also referred as Classic ASP. Whenever file, executes the code in file and returns the HTML output to the browser.
JSP is compiled, whereas ASP is interpreted. chúng tôi is a .NET based variant of ASP where the codes are compiled to improve the performance.
What is ASP?ASP is a server-side scripting engine, which means the code that is written gets sent to the server for processing. ASP stands for Active Server Pages. Developed by Microsoft, ASP is basically used for dynamic generation of web pages. ASP uses scripting language which allow dynamic programming to develop interactive web pages which includes interactive user interactions with server processing of request and response.
ASP is an interpreted language which means the compiler interprets the compiling code. Also ASP is treated as partially object-oriented language.
In order to connect with database ASP language uses ADO (ActiveX Data Objects).
ASP is partial object oriented language; hence it doesn’t have the concept of inheritance.
It can have a maximum of four in-built classes, i.e., Request, Response, Session and Application.
Error handling support in ASP is less efficient as compared to that in ASP.NET.
ASP is similar to other scripting languages like PHP and JSP and it can support multiple programming languages like C# and JavaScript. ASP pages have the extension “.asp” or “.aspx“.
ASP supports Component Object Model (COM) which enables ASP web sites to access functionality of libraries such as DLL.
What is JSP?JSP stands for Java Server Pages. It is a server-side programming technology that enables the creation of dynamic, platform-independent method for building Web-based applications.
Java Server Pages are built on top of the Java Servlets API, so like Servlets, JSP also has access to all the powerful Enterprise Java APIs, including JDBC, JNDI, EJB, JAXP, etc.
JSP is primarily written in HTML language although Java code could also be written on it but for that you need to have JSTL or other such languages. JSP is simply a text document that contains two types of text: static text which is predefined and dynamic text which is rendered after server response is received.
JSP pages can be used in combination with servlets that handle the business logic, the model supported by Java servlet template engines.
JSP is one of the most widely used language over the web. JSP is compatible with HTTP request only. Session management in JSP is automatically enabled. Modifications in JSP can be done quite fast, as JSP and ASP −
KeyJSPJSPStands forJSP stands for Java Server chúng tôi stands for Active Server Pages.Developed ByJSP was developed by Sun Microsystems and is maintained by chúng tôi was developed by Microsoft and is maintained by them.CostJSP is free to chúng tôi is paid.Platform IndependenceJSP being Java based is platform chúng tôi is platform dependent.Memory leak ProtectionJSP has inbuilt memory leak chúng tôi lacks inbuilt memory leak protection.SecurityJSP provides better inbuilt security mechanism.ASP lacks an inbuilt security mechanism.ExtensionJSP pages are identified using .jsp chúng tôi pages are identified using .asp extension.
ConclusionASP and JSP are popular scripting languages that are widely used for generating dynamic content for a webpage. The primary difference between these two is that: ASPs generally interact with a back-end environment built on Microsoft technologies, while JSP operates in Java-based environment.
Bitcoin Price Prediction – How Much Will It Be Worth In 2023 And Beyond?
Is Bitcoin a good investment? Discover what the Bitcoin price prediction has to say about the price of BTC in 2023-2030.
Everyone has heard of Bitcoin. As the coin that started the cryptocurrency movement, Bitcoin has positioned itself at the top of the pile – and after a stellar 2023, Bitcoin looks set to experience some remarkable value increases in the months that lie ahead.
In this article, we’ll present our Bitcoin Price Prediction, covering both the short and long-term outlook and highlighting the best place to buy Bitcoin today – with zero commissions!
According to Bitcoin price prediction, the price of BTC will reach $33,748 by the end of 2023, rising to $69,712 by the end of 2023 and $90,000 by the end of 2025. Bitcoin will then rise to $161,118 in 2027, and $295,000 in 2030.
How realistic are these Bitcoin price predictions given the current Bitcoin price? If you’re still asking yourself ‘is Bitcoin a good investment?’ — we’ve got you covered. We’ll run through our BTC/USD price predictions for 2023 and the rest of the decade.
Virtual currencies are highly volatile. Your capital is at risk
Bitcoin Price Prediction – OverviewAt the time of writing, the Bitcoin price today is hovering around the $19,500 level, following a sustained downtrend over the past few months. To help provide an overview of BTC’s long-term outlook, presented below is our price forecast for the years ahead:
End of 2023 – Bitcoin’s value has dropped by around 50% in the past five months, driven by the current bear market. Bouncing back from the current decline, Bitcoin will see highs above $60k again in 2023 and reach a top price above $35,000..
End of 2023 – Once the Bitcoin price begins a bull run, it can sustain itself for a period of months. Thus, assuming the momentum continues, we could see BTC return to the $69,000 level by the very end of 2023.
End of 2025 – Over the coming years, although some of the best altcoins may develop better utility and uses than Bitcoin, the leading cryptocurrency should retain its ranking due to its ‘first mover’ status. Due to this, our Bitcoin price forecast estimates the coin could reach a value of $90,000 by the end of 2025.
End of 2030 – With the acceptance of BTC reaching epic proportions in 2030, Bitcoin will appreciate above $1 million per coin to hit an all-time high above $150,000.
Virtual currencies are highly volatile. Your capital is at risk
Bitcoin Price History Historical Bitcoin (BTC) Price MovementsAnalyzing Bitcoin’s price history is one of the first things you should do when considering investing in BTC. Let’s look over some of Bitcoin’s most important price movements.
What was Bitcoin’s starting price?: Bitcoin was worth $0 when it was first introduced to potential users in 2009. BTC wasn’t given value until July 2010, when exchanges began to sell it for $0.09.
Highest Bitcoin price ever: Bitcoin’s all-time high is $68,789.63, which it reached on the 10th of November 2023.
What was Bitcoin’s lowest price?: CoinMarketCap records Bitcoin’s all-time low as $65.53 on the 5th of June 2013.
In 2023, Bitcoin started the year at $29,374.15, hit its all-time high above $68k, and ended the year at $46,306.45. BTC’s 52-week low is $28,893.62.
So far in 2023, the price of Bitcoin has dropped by over 60% at the time of writing in October 2023.
Bitcoin Price Chart Technical Analysis Of Bitcoin’s (BTC) Price MovementsWhen you study the past performance of a cryptocurrency, you familiarize yourself with how it moves. Some are more volatile than others, and some increase or decrease in a certain way. Technical analysis will enable you to make better Bitcoin price predictions.
From the graph above, Bitcoin price analysis shows that BTC clearly saw its biggest gains in 2023, prior to this Bitcoin had difficulty climbing back to its previous all-time high of almost $20k in 2023 — particularly in 2023. Though with every price correction, BTC has managed to escape at the other end slightly higher than when it started.
The Bitcoin price from 2009 to 2023 was also a highly interesting period. The asset went from virtually nothing to thousands of dollars per coin in a few short years. Much of this enormous rise has been attributed to the Bitcoin halvening.
Virtual currencies are highly volatile. Your capital is at risk
Bitcoin Price Predictions Long Term OutlookA long-term investment in Bitcoin is generally believed to be the better option with many BTC holders holding on tight to their Bitcoin. Our Bitcoin price prediction also suggests that this could be the case, suggesting that the value of BTC will rise to $33,500 by the end of 2023, $69,000 in 2023, and achieve a mean price of $90,000 by 2025 — an increase of over 300% in three years.
Aside from analyzing Bitcoin’s historical prices, we also need to look at what causes Bitcoin prices to fluctuate and how the Bitcoin price is determined. You can then factor these into your Bitcoin price predictions and answer the question ‘should I invest in Bitcoin?’
Like any limited commodity, supply and demand hugely affect the price of Bitcoin. The price of Bitcoin is driven up when the demand for new tokens is greater than the supply — something which usually happens in the aftermath of a Bitcoin halving, causing some investors to think of it as a form of artificial inflation.
This factor will have a less volatile effect once the maximum supply of Bitcoins has been issued. However, current estimates predict that this won’t happen until around the year 2140.
Media coverage is also hugely important when it comes to drumming up investor interest in cryptocurrency. Back in 2023-2023, renewed interest in BTC (along with the rest of the crypto market) was largely driven by a media frenzy. The more coverage the skyrocketing prices received; the more people began to invest. This created an imbalance between supply and demand that caused the price of Bitcoin to soar.
At the end of 2023, we saw this again. When the payments network PayPal announced that it would enable people to store BTC in their PayPal wallets, Bitcoin hit the headlines with a vengeance, giving many would-be investors the push they needed to add BTC to their portfolios. The fact that Bitcoin was gaining real-world applications countered worries that it was too impractical to rival fiat currency.
Another factor that can potentially affect the price of Bitcoin is market competition. When new altcoins enter the market, or other high-ranking cryptocurrencies start to attract elevated levels of investor interest, it can cause traders to start focusing on alternative forms of crypto. This is particularly true when it comes to Bitcoin Cash. The Bitcoin hard fork is a third-generation cryptocurrency that many people believe is superior to BTC as it was designed to solve some of the problems that plague the king of cryptocurrency.
However, the good news is that Bitcoin is far more resilient to market competition than most altcoins. In over 10 years, it’s never lost its status as ‘digital gold’, even though new cryptos might be technically more robust or scalable. Changes in Bitcoin’s price often foretell similar movements across the industry as a whole. Many analysts have noticed that bullish or bearish BTC runs are closely mirrored by other cryptos, although the opposite doesn’t seem to be true.
Then there’s regulation. The world of cryptocurrency has been mostly unregulated throughout the world, but due to increasing governmental pressure, it’s becoming more closely controlled. This is creating a level of long-term uncertainty, as some investors worry that new regulations will cause the demand for Bitcoin (and other cryptocurrencies) to fall. This could be a result of future taxation measures or new restrictions.
Bitcoin halving is an event that’s designed to control the circulation of Bitcoin tokens and make the cryptocurrency more scalable.
Because the maximum supply of Bitcoin is capped at 21 million, the halving is set to occur each time 210,000 new blocks are added to the blockchain, something that roughly equates to once every four years. This process means that the reward for mining new Bitcoin blocks is slashed in half, slowing the pace at which we’ll max out the supply. There are currently 18.8 million BTC in circulation (90% of all BTC) and current estimates suggest we’ll reach 21 million in the year 2140.
The 2023 Bitcoin halving saw the price of BTC increase by an incredible 93% throughout the rest of the year. Before the last halving occurred in 2023, investors noted that if the cryptocurrency followed a similar pattern again, we could feasibly see the price of Bitcoin rise to around $15,000 before the end of the year. Sure enough, we did!
Looking at Bitcoin from all perspectives, Bitcoin has a lot of potential as either a short-term investment (one year) or a long-term investment (five to 10 years). Here are our Bitcoin price predictions for 2023 to 2030.
Virtual currencies are highly volatile. Your capital is at risk
Bitcoin Price Prediction 2023Bitcoin has been viewed as one of the best investments for years due to the coin’s ‘leading’ status within the market. However, as mentioned earlier, the Bitcoin crypto price has dropped significantly from November 2023’s all-time highs. Given this fact, what does the remainder of 2023 hold for Bitcoin?
One of the main things going in Bitcoin’s favor is its relatively solid standing within the crypto market. This reputation is not only driven by retail investor interest but also interest from institutional investors. Many major corporations have added and held BTC in their portfolios to gain exposure to the cryptocurrency sector.
Due to this, our Bitcoin price prediction 2023 sees the leading crypto return to the $33,000 level by the end of the year.
Virtual currencies are highly volatile. Your capital is at risk
Bitcoin Price Prediction 2023The growing crypto market will continue to find new ways to market Bitcoin to new investors who have never invested in crypto before.
This development should help the leading digital currency continue growing over time, which is why our Bitcoin price prediction 2023 estimates the coin could be worth $68,000 by this point.
Virtual currencies are highly volatile. Your capital is at risk
Bitcoin Price Prediction 2024Bitcoin halving will most certainly impact the price of BTC in 2024 and the block reward is halved. Bitcoin will start off 2024 strong and head to a new high of $98,506 towards the beginning of the year. Maintaining an average price of $86,400, Bitcoin will also have a potential low of $57,653, as per our Bitcoin price prediction forecast. The 2024 end of year price for BTC will be $84,741.
So, ‘should I invest in Bitcoin?’ Our short-term cryptocurrency predictions suggest a healthy upwards trend is in the making for the next few years. The predictions for 2023 to 2024 are varied, ranging from $32,522 to $98,506. If you think Bitcoin could do better in the long-term, let’s take a peek at Bitcoin price predictions for 2025 to 2030. What could we expect from long-term Bitcoin price predictions?
Bitcoin Price Prediction 2025In 2025, we’ll likely see the full effects of Bitcoin’s halving which could potentially start another bull run. Managing to maintain a yearly low of $78,361 for 2025, Bitcoin can jump to a maximum price of $105,033.
The long-term Bitcoin price prediction estimates that BTC value in 2025 could increase to $92,000 and generate 234% return from today’s price.
Virtual currencies are highly volatile. Your capital is at risk
Bitcoin Price Prediction 2030Finally, let’s touch on our Bitcoin price prediction over the long term.
In 2030, we could see the price of Bitcoin balloon to epic proportions as whole countries begin accepting it as legal tender. Appreciating 1,656% over its recent all-time high by 2030, Bitcoin is estimated to reach a maximum of $350,000.
Our long-term Bitcoin price prediction also foresees an exceptional low of $270,000 and an acceptable average of $295,000 by December 2030.
Bitcoin’s price will likely be driven by a combination of real-world use cases and speculation. All of the best crypto exchanges offer BTC as a tradable asset, making it easy for beginner investors to get their hands on the leading coin.
Virtual currencies are highly volatile. Your capital is at risk
Is Bitcoin A Good Investment?Bitcoin is one of the most profitable crypto investments. Considering that Bitcoin has risen from a value of cents to over $68k per coin, it is safe to say that it is a good investment. Bitcoin price forecasts suggest the BTC will further appreciate in the coming years.
While Bitcoin has increased massively since its creation, that does not mean that it’s too late to buy. For starters, as a highly volatile asset, you can still profit from price fluctuations in the short-term, and in the long-term, experts strongly suspect that Bitcoin will continue to rise as it becomes more accepted.
An ROI (return on investment) of 31,106.39% is unmistakable evidence that Bitcoin is a profitable investment. Furthermore, price forecasters strongly believe that BTC will rise in the coming years.
The number of prominent Bitcoin supporters only seems to be increasing and with Wall Street financiers buying up more and more BTC, it seems likely that central banks across the globe will eventually greenlight Bitcoin.
However, it is still risky to invest in Bitcoin. There are still plenty of countries where owning Bitcoin can be dangerous, and regulators are still finding the right way to regulate it. That aside, it is one of the safer cryptos to own.
In summary, With current Bitcoin price predictions suggesting that BTC will continue to rise for the foreseeable future, it would be pretty smart to buy now before it gets too expensive.
Virtual currencies are highly volatile. Your capital is at risk
Where to Buy and Invest in BitcoinThroughout this Bitcoin price forecast, we’ve covered all of the bases in terms of price potential and future outlook. However, another crucial part of investing in Bitcoin is choosing an appropriate broker or exchange to facilitate your investment needs. Similar to when you buy stocks online, you’ll need to find a platform that allows you to invest safely and cost-effectively, ensuring your trading is optimized.
Luckily, we’ve conducted in-depth research and testing of the broker options on the market and have found that eToro offers the best platform for new users to buy Bitcoin. Firstly, eToro has a fantastic reputation worldwide, providing regulation from the SEC, FCA and ASIC.
eToro’s minimum deposit is only $10 and can be completed via credit/debit card, bank transfer, or various e-wallets. Notably, eToro accepts PayPal as a deposit method. This means that you can essentially buy Bitcoin with PayPal if you decide to partner with eToro!
Finally, eToro offers numerous handy features for investors, most notably their CopyPortfolio feature. This feature allows users to invest in a professionally managed portfolio without paying any management fees whatsoever. Crypto traders may be interested in the ‘CryptoPortfolio’, which contains a selection of top digital currencies. An investment in this will provide an effective and optimized way of gaining exposure to the crypto market.
Virtual currencies are highly volatile. Your capital is at risk
Bitcoin Price Prediction – ConclusionThis article has presented a comprehensive Bitcoin price prediction for the months and years ahead, touching on Bitcoin’s utility and value potential. Although the coin has lost its footing in recent months, BTC still retains its place as the most widely-used crypto – providing a strong platform for future success.
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We’re all pretty aware of Bitcoin’s failings, but its strengths far outweigh them, as our Bitcoin price predictions suggest. First and foremost, if Bitcoin can keep attracting new investors, these issues will become smaller and smaller. The adoption of Bitcoin is key to Bitcoin price predictions more than anything else.
Bitcoin has proven not to be a bubble several times already. An asset in a bubble doesn’t inflate, pop and then keep growing. BTC is here for the long run.
If you’ve been scouring the internet for the top Bitcoin price predictions for the rest of the decade, we hope this article was helpful. Investing in crypto is fraught with risk so a well thought out risk management strategy is needed before you add BTC to your portfolio. Despite this, current trends suggest the value of Bitcoin will ultimately rise by around 2,808% by the year 2030.
Following our Bitcoin price predictions, it would appear that investors can get the most out of BTC in the long run with the charts suggesting it could be a smart investment for those who are happy to take long-term positions.
Virtual currencies are highly volatile. Your capital is at risk
Will Bitcoin (BTC) Hit $100,000?After reaching $67,000 in late 2023, the likelihood of Bitcoin surpassing $100k has only gotten stronger. Bitcoin price prediction could hit the $100k barrier and can be breached by 2027 at the earliest.
Will Bitcoin (BTC) Reach $1 million?Bitcoin certainly can reach $1 million per coin, especially if it continues to grow in popularity. At the earliest, the BTC price prediction indicates that $1,000,000 per Bitcoin will happen by 2035.
Will Bitcoin Go Back Up?Bitcoin price predictions strongly suggest that Bitcoin will recover and hit several new highs in the next few years.
What will Bitcoin be worth by 2023?Considering our research and analysis, our Bitcoin forecast for 2023 sees the coin being valued beyond the $30,000 mark by the end of the year.
What Will Bitcoin Be Worth In Five Years?In the next five years, we have calculated that the price of Bitcoin can touch a high of $170,452. That’s a 540% increase.
What Will Bitcoin Be Worth In 2030?Bitcoin will spend much of 2030 above $290,000 and could hit a mind-blowing $320,000 per coin, according to our Bitcoin price prediction.
What Will Bitcoin Be Worth In Ten Years?Ten years reaches slightly beyond our Bitcoin price prediction, however, given its rate of appreciation, it would not be too unusual to suggest a high of up to $1.5 million per BTC.
Will Bitcoin (BTC) Go Up?Current Bitcoin price prediction data and market sentiment strongly imply that we will see an increase in the price of Bitcoin in both the short and long term. Indefinitely Bitcoin will rise. Aside from our optimistic Bitcoin price prediction which suggests that BTC will increase over the coming years, historically, Bitcoin’s lows have gotten higher, suggesting an underlying upwards trend.
Bitcoin Price Prediction 2040Between $2 and $3 million per Bitcoin if BTC continues to follow the trajectory outlined by our BTC/USD price prediction for 2023 to 2030.
Here’s How Fast The 2023 Macbook Pro 15 Will Be
With Apple announcing Thursday that it has dropped a 6-core 8th-gen Core i7 8750H into the MacBook Pro 15 there are two things we know for sure. The first is that the boost in performance will be huge. The second: It still won’t be faster than the fastest PC laptops.
The big news for Apple users is the six cores in the Core i7-8750H. Those two additional cores compared to quad-core parts means hefty improvements in 3D modelling, video editing, and many optimized photo editing tasks.
We compare 7th-gen and 8th-gen CPUsTo show the performance we expect, we’ve compiled the results from several laptops equipped with high-end 7th-gen CPUs, including the quad-core Core i7-7700HQ that’s used in the 2023 MacBook Pro 15. We’ll compare them to the results from a laptop with the 8th-gen Core i7-8750H in the new 2023 MacBook Pro 15.
Our first comparison runs Maxon’s Cinebench R15, which tests 3D modelling performance. You can see about a 50-percent increase in performance between the six-core Core i7-8750H and the typical 7th-gen part, such as that Core i7-7700HQ.
We won’t bore you with too many charts of the 8th-gen Core i7-8750H’s multi-threaded prowess, as you can see them in our review of it here. You’ll see varying amounts of performance gains based on how optimized the CPUs are, but the story is still the same: It’s a ton faster.
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A new 8th-gen Core i7-8750H in the 2023 MacBook Pro 15 would give you about a 50-percent performance increase over the previous MacBook Pro 15 (represented by the Core i7-7700HQ-equipped laptop shown here) in multi-threaded tasks.
For example, here’s how the same CPU performs in video encoding. While you don’t get quite a 50-percent improvement, it’s still about 33 percent, which means that a comparable three-hour encode could be done in about two hours. When you’re in the field on a shoot, and time is money, then yeah, that’s more money.
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Handbrakes sees about a 33-percent buff by going from a 7th-gen Core i7 to an 8th-gen Core i7.
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For the most part, the new 8th-gen Core i7 still gives decent performance benefits over the older 7th-gen Core i7 CPUs.
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Thanks to very high clock speeds when given lightly threaded tasks such as browsing or Microsoft Word, the 8th-gen Core i7 Coffee Lake H CPU in the new MacBook Pro 15 will be faster than its direct predecessor.
What we do know from previous MacBook Pro laptops is that Apple generally does not like to leave performance untapped, so we expect it to swing for the fences.
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The PC is still faster than MacBook Pro 15So after seeing everything above, how can we say for a fact that the new 2023 MacBook Pro 15 won’t be faster than PC laptops? For one thing, PCs offer larger form factors that let the 8th-gen CPUs run even faster. Also, the graphics in the new 2023 MacBook Pro 15 haven’t changed much.
Apple is apparently still relying on the elderly AMD Radeon Pro lineup for graphics. In the single laptop our sister site Macworld saw, the unit had a Radeon Pro 555X in it. Despite the X, it’s the same old thing. AMD just added the ‘X’ to make everyone feel better. It’s actually a decent discrete GPU, but in pure performance, it’s not going to win any contests beyond tasks heavily optimized for it.
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The Radeon Pro 555X in the new 2023 MacBook Pro 15 should fall below that of the Kaby Lake G-series of chips in the HP Spectre x360 15. That’s not bad, but it ain’t no GeForce GTX 1080.
Let’s give Apple a shout-outWhile it’s easy for PC partisans to issue a Simpsons’ Nelson Muntz-like “ha ha,” we should be fair and give Apple its due credit. Even with its flawed keyboard, the MacBook Pro 15 has been an impressively thin laptop with relatively good battery life for its power ratio.
And yes, PC laptops have been using 8th-gen Core i7 CPUs for more than three months now. But to have Apple upgrade the MacBook Pro 15 to a CPU that came out just three months ago, rather than dragging it out for another six or nine months, is actually a huge improvement in responsiveness from the company.
It’s hard to believe, but it’s entirely possible that Apple may have finally woken up, which means PC laptop makers may finally see their old slumbering foe for another fight.
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