ChatGPT, an artificial intelligence created by OpenAI, made a prediction of the price of bitcoin at the request of a user, drawing the attention of the community as a result. In addition, the person responsible for the test asked the price of the dollar in satoshis in the coming years, which again surprised.
It is worth remembering that any price prediction for a volatile currency like bitcoin has its risks, i.e. it cannot be taken entirely seriously.
Either way, the fact that bitcoin could eventually cost $1 million by 2030 is too optimistic a situation for fans to ignore.
ChatGPT makes year-over-year forecast to 2030 for bitcoin price
When asked about the price of bitcoin, ChatGPT “plays hard” with the question and avoids sharing any amount. Asked by Livecoins, the tool said only that the trend is for bitcoin to remain popular and gain acceptance, but it is uncertain to predict its value.
But one user managed to pass parameters to the tool to the point of convincing him to perform such a prediction.
Via Twitter, the profile is “Priced in BitcoinGPT has predicted that the price would cost more than $28 thousand since 2024, when bitcoin could end the year.
Bitcoin quotes for each indicate the following scenario, according to ChatGPT:
- 2024: $28,571.00
- 2025: $90,909.00
- 2026: $400,000.00
- 2027: $111,111.00
- 2028: $166,667.00
- 2029: $500,000.00
- 2030: $1,000,000.00
That is, by 2030, the year should see bitcoin unit growth to $1 million. Recently, a bet from a former Coinbase pointed out that the coin price will reach value in 2023.
And the dollar price in Satoshi? Free fall of the US currency, according to ChatGPT
While the bitcoin chart is going through a kind of “infinite high”, appreciating year after year against the dollar, the value of the US currency is experiencing the opposite moment.
In consultation with the bitcoin fan, the dollar price in satoshis, the smallest unit of 1 BTC, will drop to just 100 satoshis per 1 USD by 2030. It is worth remembering that ChatGPT has reached version 4 in recent days and the user has not explained which version was used in the tests.
I also asked it to predict the price of the US dollar in terms of #Bitcoin 👇
2024: 3,500 #sat
2025: 1,100 #sat
2026: 250 #sat
2027: 900 #sat
2028: 600 #sat
2029: 200 #sat
2030: 100 #sat pic.twitter.com/G60QpocJnT— Priced in ₿itcoin ∞/21M (@PricedinBTC) March 28, 2023
In any case, ChatGPT made a less optimistic prediction for the future of the Dollar through 2023, but it is not clear on what basis it made such a prediction.
In any case, bitcoin fans remain confident in a promising future for the digital currency, which could reach billions of users on its network in the future. The recent collapse of banks, for example, which reduced public confidence in the banking system, led mega-investor Cathie Wood to state that this could be a good scenario for bitcoin.
Source: Live Coins
Barry Siefert is an accomplished journalist and author at The Nation View. He is known for his expertise in the field of cryptocurrency, and has written extensively on the topic. With a background in finance and economics, Barry has a deep understanding of the underlying technology and market forces that drive the crypto industry.
