Post
Topic
Board Speculation
Re: 100 bitcoins. Will I be a millionaire by 2020?
by
wikenpp
on 29/05/2016, 17:39:05 UTC
>100 bitcoins. Will I be a millionaire by 2020?
No.
Why not? bitcoin prices are always unpredictable, as we now touched $500 in a short time. so in 2020 may be 100 bitcoin be a millionaire, if the price above $1000 Smiley

Bitcoin already reached $1000 highs. Remember how that shit-show turned out ?

The fundamentals are not yet there, for Bitcoin to be valued at 1BTC/$10,000USD.

I doubt the price would even go to 10.000. It's just to high if you ask me. At best the price may go to 3000/5000k but there are never guarantees.
For that matter, it's also possible the price will go back to 1 dollar if some very bad news arrive.

So better to be very carefull, it's your money after all