This is based on the logarithmic progression of BTC price since 2011. The growth rate MUST eventually taper off until it becomes "boring" and flat. Tim Draper predicted $250k by 2022, and I agree with that estimate. He also said that it will "asymptote" at around $1million, but didn't say when that would be. I've predicted a longer, flatter growth curve from the end of the next bubble top and subsequent bear market, eventually tapering off to a flat "boring" price around £1million at somewhere around 2027. Obviously the further out this prediction goes, the weaker it becomes. But anyway, that's my 2 cents (satoshis).
You can see Tim Draper talking about these long term prediction in this YouTube video: www.youtube.com/watch?v=_B-8r8fh...
You can see Tim Draper talking about these long term prediction in this YouTube video: www.youtube.com/watch?v=_B-8r8fh...