Post
Topic
Board Economics
Re: Bitcoin will have a price of $50000
by
zoran.drobnjak
on 23/02/2018, 20:21:40 UTC
Whoever throws exact forecasts of X USD by Y time is either deluded in his future seeing capabilities or just wants to create publicity for himself.
Truth is that no one knows exactly when things will reach which levels in crypto as we are witnessing phenomenon unseen so far in human history to which you can not apply any known methods with certainty. 

Both non-linearity and deflationary properties are inherent to BTC, but on which time frame we are reaching which level is deterministically unpredictable.
When investing gauge your probabilities by spreading your bets on variety of levels.