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.
Ok, now i actually understand what you mean. You compared the adoptionrate with price and extrapolated.
My bad - i will just excuse myself with the time being late and that im tired.
Well, I may be wrong, I'm not an oracle. But I do believe in my predictions. But eventually, time will tell. Let's have another pow wow this time next year and see if we are still on track.
I think your outlook is a bit too positive, but well who can know the future - and if it really happens i would be more then happy
probaly gifting some lambos on the forum