Post
Topic
Board Economics
Re: I need bitcoin to be $690 to break even.....will I make it?
by
Amph
on 08/06/2015, 07:58:49 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.

which is the infamous 5k-10k target that all are waiting for, but i still hope, that bitcoin won't stop there, and get even bigger, i'll not be satisfied until it can be used like any other fiat money, with everyone and everywhere, maybe  also taking the place of one of those fiat