Re: Bitcoin worth $500,000 dollars by 2030? Views and Comments
Hey dudes,
I would be interested in your views and comments regarding this nugget of news.
You can google for full story of course!
First Snapchat investor says Bitcoin will be worth $500,000 dollars by 2030
Their argument is based on a growing usage for transferring money across borders and countries.
I personally think this is a little far fetched, although I never had the money or knowledge to invest in snapchat.
Perhaps I am not best qualified then to comment.
I know you guys are more knowledgeable than me, so let me know your views!
If this really is the case, even if BTC is worth 1/10th of that, its worth holding that fraction of Bitcoin for the future.
Will this cause more people to hold coins?
Any Whales out there thinking that they will finally be able to buy themselves a little Island all to themselves
?
G
I would be interested in your views and comments regarding this nugget of news.
You can google for full story of course!
First Snapchat investor says Bitcoin will be worth $500,000 dollars by 2030
Their argument is based on a growing usage for transferring money across borders and countries.
I personally think this is a little far fetched, although I never had the money or knowledge to invest in snapchat.
Perhaps I am not best qualified then to comment.
I know you guys are more knowledgeable than me, so let me know your views!
If this really is the case, even if BTC is worth 1/10th of that, its worth holding that fraction of Bitcoin for the future.
Will this cause more people to hold coins?
Any Whales out there thinking that they will finally be able to buy themselves a little Island all to themselves
?G
That is very feasible and it can happen but not at this point of time but possibly on 2030. This point of time we have a long way to go and if bitcoin will continue to flourish then we can actually have that value. But we can only hope for that to happen since there are many factors that can cause the failure or success of bitcoin. But we are very positive that we can still go that far since the community is growing.