Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
i really didnt think we'd see a full retarce so soon!
what if we really are >32,000 in < 2 years
what if we really are >32,000 in < 2 years
no, but 5000$ is quite likely
then what?
i think we'll see 1000-5000 for a year or 2 and bam 32,000 crash down to 10,000 bubble of the year 2017
by 2020, we're back at 32,000 heading for 100,000.
if bitcoin is very successful we're taking ~1million a coin no joke.
if countries started using bitcoin to trade oil and stuff... i wouldn't be surprised to see 2million dollars a coin, 2022 bubble! and if bitcoin gets that far its reasonable to assume it will go the distance and eventually take over all currency at which point it would make sense to buy 1million dollar coins in anticipation of 5million dollar coins 5-10 years later. Its less risky buying 1million dollar bitcoin because at that point you know bitcoin is successful and will most definitely to continue being successful tomorrow.
but i think this is an unlikely sanrio, i think bitcoin will be THE ONE until it's not, but even after it's no longer THE crypto everyone uses, it will still be very valuable.
but how knows, all we can do is watch the story unfold and place bets
