Post
Topic
Board Economics
Re: I need bitcoin to be $690 to break even.....will I make it?
by
ifightformerkel
on 26/06/2015, 18:35:57 UTC

5 years would be ideal... after that I might give up



If you're still valuing your bitcoins based on an exchange rate, you're doing it wrong.

How else would I measure its purchasing power? If I don't value it by its purchasing power how else should it be valued??

Are you serious? In 5 years the price will jump over 100 times higher then now.
But i knew it that you will sell your bitcoins at around 2000 Dollar and then repent it when it will be over 50.000 Dollar,
when you ask such questions like will be bitcoin break 690 Dollar.