Can you fathom a measly $50.00 investment turning into a whopping $2.0-million hoard in just under eight years? I can’t! But it happened!

The earliest investors saw a staggering 40,000% gain in Bitcoin prices since this cryptocurrency first went into circulation in 2009. If you’re a Bitcoin investor looking for a sound Bitcoin price prediction 2018, then rest assured, because some obvious tailwinds are likely to push prices further up north in the coming years. I say this regardless of how many more Bitcoin halving events come and go.

First, let’s give credit where it’s due. Bitcoin founder Satoshi Nakamoto created this cryptocurrency in the hopes to someday replace fiat currency. Up until last year, that idea seemed merely the figment of a fool’s imagination. It’s true that naysayers long decried the practicality of Bitcoin as an alternative mode of payment. But, as it turns out, they are on the wrong side of history.

Bitcoin has managed to garner significant public interest from around the globe. In fact, the fan base of Bitcoin bugs, who subscribe to the idea of a borderless, free-market currency not controlled by the invisible hands of any central bank or government, is exponentially growing.

To give you an idea, up until the end of 2016, a Bitcoin price prediction of $2,000 had seemed absurdly high. But today, price targets for 2018 are being raised to five-digit figures, with some quoting a figure as high as $13,000 a bitcoin!

If you think that number sounds outlandish, wait until you hear the six-digit Bitcoin price prediction for 2030.

Some renowned Bitcoin bugs are forecasting the Bitcoin price to hit a whopping $500,000! No kidding!

Yes, $500,000 for one BTC in just 13 years! It may seem bizarre in absolute terms, but if you look at it in percentage terms, that’s just about a 21,000% gain in price—a little over half the stupendous 40,000% return we’ve already witnessed.

Case in point, the market is already flooded with a plethora of wild Bitcoin price predictions for 2018. So I’m not going to follow suit and put another hefty price tag on Bitcoin’s value in the future. Instead, I’ll go with a different spin for my analysis.

Rather than making a Bitcoin price prediction 2018, I’m going to make a Bitcoin demand prediction for 2018. Hopefully, that will help you wrap your head around these high quadruple-digit Bitcoin price forecasts.