Post
Topic
Board Economics
Re: If bitcoin price is $10.000, will fiat be worthless?
by
Hamtard
on 10/09/2016, 08:07:35 UTC
I firmly believe that $10k is easily achievable just via the store of value properties alone of BTC.
If BTC ever moves beyond the 1 Trillion mkt cap, eminently possible even inveitable given that Central Banks are pumping 100s of Billions into the global economy every month, the fiat world at its core will start getting decimated
of course it is really achievable and in my opinion we will reach such a big price in only like a few years or something like that

It can be achieved but not so easily and no one knows when exactly it will happen but I don't think that people will prefer to hold their coins till it reaches to that value.

If the price trend of the bitcoin is the same as before, I  think the price of bitcoin can reach that level in a few years.