Post
Topic
Board Speculation
Re: Well bitcoin goes up to 100,000$ in the future?
by
Radientgurkin
on 16/04/2018, 17:19:53 UTC
I am a  number 1 fan of bitcoin and all crypto currency i realy bilieve that bitcoin well goes back to 20,000$ soon or before the end of this year. But thinking about 100,000$ each bitcoin is quite a very big amount of money 21million x 100k = 2.1 trillion (2,100,000,000,000$) do you guys bilieve that bitcoin can reach that far?

Short answer: Yes

Long answer : The last year's events including BTC ETFs and rising regulation show that adoption is on its way and still growing. Its not a matter of if, its a matter of when. And to be honest, nobody knows when, so why focus energy on it. Just learn more about it and help others who know less than you. (Also read up on the coming Bond bubble crisis, that's where I suspect alot of the incoming new money will be from.)

It seems to me people ( mostly newbies) focus on a future pricepoint in which they will sell all cryptos and retire.  This may be feasible, but consider this scenario:

      Focus on having a solid crypto portfolio in cold storage. When mass adoption has occurred you use the portfolio itself as your
       retirement fund where you withdraw a fraction each year or month.