Post
Topic
Board Speculation
Re: BTC to 5000$ soon
by
sanadas
on 03/07/2016, 07:24:50 UTC

If guys like Tim Draper conservatively believe Bitcoin will hit $10,000 by 2018, anything is possible.

I believe the Brexit doesn't look good for the future of the Euro fiat currency. The US dollar is no longer backed by gold, and it seems the logic is that it is too big to fail. Unfortunately you can't earn any interest, and they just keep printing more every time there is a bigger debt problem. We could easily see another financial meltdown in the near future with no way out this time.

At some point it will be Bitcoin to the rescue.

Decentralized currency continues to look better and better

For business, it would be much easier to plan ahead if the monetary policy is known. Bitcoin is much more transparent.