Post
Topic
Board Economics
Re: How many BTC will make you a fiat millionaire in 5 years?
by
Monnt
on 08/02/2017, 10:05:41 UTC
How many BTC will make you a fiat millionaire ($) in 5 years? Why?

According to the poll 2 people believe that 1 BTC will be valued at $100,000,000 in 5 years. I don't think it will happen but I hope it does.

I wish that it is going to happen but that is far from reality even though bitcoin is fast increasing when it comes to its price. That price of value for $100,000 after 5 years is very impossible and unbelievable to happen. Probably the price of bitcoin by that time will be $5,000. And that can make me fiat millionaire if I hold hundreds.
Agreed, we can all agree that the bitcoin has been a roller-coaster, and the price reaching $1000 is a big milestone that makes us think that there is a possibility that it can reach higher prices, but that does not mean that it can reach unreasonable prices like $100,000, bitcoin has already made some people fiat millionaires, the ones who have supported the bitcoin since the beginning when the price was less than a $1.