Post
Topic
Board Beginners & Help
Re: will the bitcoin reach $1000 one day...?
by
Rassah
on 18/08/2013, 15:16:33 UTC
I think it may even reach 3000$ but it's gonna take at least 60 years. Every four years a block is smaller by 50%. It means that it's harder to mine which increases BTC value.

60 years? Doesn't this assume that there is no new adoption, and all growth is from deflation?