i was expecting single digits until around the 120-140 mark on the way up. But with the current difficulty, and how high it went before crashing, my bet is it will go down to the 20's.
More people will want to get in at the ground floor before the next bubble and that will keep the price up.
As far as if we will ever hit single digits. Of course, the only question is when
be it 40 years from now when something better pops up, or something breaks the system tomorrow... Who knows... *Shrugs*
But yeah, people like to talk crap about fiat... But the dollar in my pocket doesn't shift value from 2 to 260, and then crash back down into the 50's in the span of months.
I don't have to worry about going from a car payment, to buying crackers for dinner over-night. Bitcoin at this point is just like buying a lottery ticket. "Will i win big? Or will i wallpaper my bathroom with loser tickets?!?"
More people will want to get in at the ground floor before the next bubble and that will keep the price up.
As far as if we will ever hit single digits. Of course, the only question is when
be it 40 years from now when something better pops up, or something breaks the system tomorrow... Who knows... *Shrugs*But yeah, people like to talk crap about fiat... But the dollar in my pocket doesn't shift value from 2 to 260, and then crash back down into the 50's in the span of months.
I don't have to worry about going from a car payment, to buying crackers for dinner over-night.
Bitcoin at this point is just like buying a lottery ticket. "Will i win big? Or will i wallpaper my bathroom with loser tickets?!?"