My question is for long term is it better to wait or is the price going to keep rising. Maybe we have a new bottom?
I know it's speculation but curious what people are thinking.
I am 100% certain that it is going to go to $1,000,000 per 1 BTC in the future.
I am so certain about this, that I am willing to commit to pay you 10 BTC if it never reaches an exchange rate of $1,000,000 per 1 BTC.
May the force be with you. There is a tremendous scope for the growth in next 10 years, even if we are considering the market of fiat users who are using fiat currencies to remit funds using digital wallets, the expected price of Bitcoin would be much more than what you mentioned. I believe that Bitcoin is far undervalued at this moment but it's not worth $1,000,000 now. However, I believe that in the coming decade, we are going to experience exponential growth in the price and user base of Bitcoin.