Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
If it is true that only 0,01% of the population today uses bitcoin, and the price is almost 20000 USD, imagine the price when 50% of the population uses bitcoin. We are talking several hundred million dollars, maybe even in the range of a billion. One million will be reached within two years at this rate.
im a superbull - but thats even too much for me:
Let's just not forget our principles if we end up as billionaires one day.
Yes one day we will be there for sure - but i really doubt that day is in 2 years.
We have to fix a lot of problems before that especially regarding scaling and mining centralisation.
I dont want to wake up one day seeing communist china nationalizing all mining farms.
If it is true that only 0,01% of the population today uses bitcoin, and the price is almost 20000 USD, imagine the price when 50% of the population uses bitcoin. We are talking several hundred million dollars, maybe even in the range of a billion. One million will be reached within two years at this rate.
im a superbull - but thats even too much for me:
That's what some people said in here when I predicted 10000 by the end of this year and 80000 by the end of next year, and look where we are now.
Mate, 1000 to 18.000 is a bit much different then 18.000 to 1 million
If it is true that only 0,01% of the population today uses bitcoin, and the price is almost 20000 USD, imagine the price when 50% of the population uses bitcoin. We are talking several hundred million dollars, maybe even in the range of a billion. One million will be reached within two years at this rate.
im a superbull - but thats even too much for me:
That's what some people said in here when I predicted 10000 by the end of this year and 80000 by the end of next year, and look where we are now.
Yeah, the human brain is not very good at understanding big numbers. $100-$10,000 seems doable but $10,000 to $1,000,000 seems impossible. That's why they created the stock split to keep people buying with astronomical stock prices.
I dont think you understand how much fiat money has to be put into btc for a 1 million valuation.
I said "One million will be reached within two years at this rate."
So two years and no slowing down. If there isn't enough money for that then it won't be at "this rate".