Re: This is amazing

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.

This is a bet? Are you sure that bitcoin will increase to that level? I do not have faith in it. Can you give more convincing evidence, such as how long bitcoin will reach such a level. I need a specific time to place my trust in it. Thank you.

It's very possible. The question is.. When? It might be 80-100 years from now. Whereas you, DannyHamilton, the people that's joined in on the bet, and I would be probably dead already. Cheesy

Anyway, back on topic. I too, got in bitcoin, or cryptocurrency in general, a year or so ago. I still have huge hopes on bitcoin and other cryptocurrencies but take note that bitcoin also has a chance of failing. Yes. Not spreading FUD here, just being very realistic. In the future out of nowhere an altcoin could just beat bitcoin in every other category and steal the number 1 spot from bitcoin. That's the main reason I always suggest diversifying investments to people, and not only invest in bitcoin alone.

IT is just a joke... no one would honor such a bet which will only happen in 80-100 years. Grin

While the price may hit $1,000,000 people forget it maybe will go higher too...
But I think we should focus first on $10,000 and worry about 1 million after.