Post
Topic
Board Economics
Re: Bitcoin worth to you or not...
by
umaOuma
on 13/09/2016, 08:28:10 UTC
Bitcoin is definatly worth investing in and is here to stay,  i reckon bitcoin will be in the 6 figure region within 20 years.

I am not sure It will be 3 or 6 figure But sure It only rule the world currencies and It will be familiar to all the people in the world Because Its digitization, Value among the other currencies will make their future people choice and Bitcoin is worth and best decision for the who are all saving the bitcoin as long term goal.
the price figure really doesn't matter. even I think if bitcoin price reach to 6 figure mark(which is not gonna happen) then the usage of bitcoin will probably reduce to a lower base. people using bitcoin and new people coming to use bitcoin because bitcoin have a good price and everyone can afford it. price can go to 4 figure but 6 figure is really too much..

The thing is we are not creating the price to be in our favor, it is the majority who creates the price because of their demand, so whatever the price will be in the future, I am willing to accept it because I know it is not a bubble but the result of massive adoption.

Yeah and steady and stable price is always better then price bubble, as if there is major pump then surely it will get followed by major dump, steady growth is better for the future of bitcoins.