Post
Topic
Board Speculation
Re: Bitcoin = $1 Million by 2020
by
worldofcoins
on 04/12/2017, 09:05:32 UTC
What makes you think it will value that much ? Just the past evolution ? The fact that it is limited number?

I posted it here https://bitcointalk.org/index.php?topic=2517088.0



Here is part of it:

 bitcoin is worth 100 million dollars right?  We have a long way to go.  Cough cough, Many factors that contribute the value of 1 bitcoin being worth 100 million dollars.  Well Bitcoin is not just a local or gov owned store of value, its competing with Fiat currency all over the world, from USD, to the YEN.  There are many factors I can shoot out but one major one is that Bitcoin is becoming mainstreamed and the fact there is probably going to be 16 million bitcoins in circulation, why I said 16 mil?  because they are probably around 5 million bitcoins lost.  If you want to add to this topic any more factors that reason why you are already sitting on a million dollars, please be free to do so. 

and he is right.  Bitcoin is worth 10 million Smiley