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.
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".
Ok, i understand - but just to bring it into perspective i do not believe that 50% of the worlds population will use BTC in 2 years either.
And imho BTC would not need it per se to have a valuation of 1 million per coin.
It could be used as a store of wealth or as a settlement layer of the super rich, multinational companies and nation states.
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.
If Bitcoin ETFs get approved next year, $80k could be achieved in a week or two. Seriously.
Following BETI it should be 30-40 k next year (this is what believe too btw)
I never said that 50% of the population would use bitcoin in two years. Go back and read what I wrote, you obviously have misunderstood.