# $500K Related Articles

Ric Edelman Says $500,000 Bitcoin Is ‘Simple Arithmetic’ By 2030

Ric Edelman, founder of Edelman Financial, predicts Bitcoin (BTC) could reach $500,000 by 2030, a forecast he calls "conservative" compared to more aggressive predictions. His reasoning is based on "simple arithmetic": if global investors allocate just 1% of the estimated $750 trillion in global stocks, bonds, real estate, gold, and cash to Bitcoin, it would result in $7.5 trillion of inflows. Combined with Bitcoin's existing value, this would push the price to around $500,000 per coin. He notes that institutional adoption is already beginning, with some allocations nearing 5%. Edelman also expressed bullishness on Ethereum (ETH), linking it to stablecoin growth and suggesting it could reach between $4,000 and $10,000.

bitcoinist02/16 13:31