Post
Topic
Board Economics
Re: Mining coins save or sell it?
by
eternalgloom
on 03/05/2017, 14:35:19 UTC
I guess its time the coins or bitcoins to save it. Because i believe that currency of the bitcoin will go high and high for the next 5 years so Therefore you just mine and earn and more stocks as long its not totally high like 100, 000 pesos in our currency which is the philippines in the future.  I guess its 2000$ = 1 bitcoin for the next 2 years.

Two thousand dollars is not very far and it is not 2 years away from reaching it. Possibly by next month of June or by the end of the year we can see the price of bitcoin at Two thousand dollars per bitcoin. But if we speak about five years from now the price of bitcoin will not stay at 2000$ but rather the price at that time would be at 6000 or 10000 $.
The biggest factors for a big price increase in the next couple of years, say, 6000 or 10k dollar in 5 years like you mention is whether there will be a solution to the scaling issue.
If segwit gets activasted, you can almost certainly expect a huge price increase almost right after it happens.

Over 2k isn't that far off.