Post
Topic
Board Economics
Re: I need bitcoin to be $690 to break even.....will I make it?
by
thejaytiesto
on 07/06/2015, 20:39:17 UTC
Will I make it?

To answer your question, in my opinion, most likely not. Bitcoin has been hovering around the $220-$260 area for quite a while now, and it's going to take a huge amount of luck to even get into $300's+ again.

Wow, bitcoin surpassing a mere $5billion market cap is going to take a huge amount of luck? It must be a total failure then
Yeah lol. Anyone that isn't thinking 100+ billion marketcap is just not taking Bitcoin as serious as they should. An app like Uber has 40 billion market cap ffs. If Bitcoin becomes mainstream, that would be a good estimate for starters, and later on, it could reach the trillions.