Post
Topic
Board Speculation
Re: Bitcoin today is like what FB was in 2006
by
mvidetto
on 12/11/2013, 05:28:48 UTC
I see BTC having (at a minimum) a similar value potential to previous paradigm shifts:

- FB social
- GOOG search
- MSFT, AAPL hardware

Or Banking:
- BAC
- CITI
etc

All these companies start at around $150B in valuation.

Bitcoin has a 99% MONOPOLY in crypto currencies.

There's a good chance for BTC to enter the 150B league in 4-7 years which would result in a Btc/Usd of around $10,000.

Good analogy, however the time frame will probably be shorter.  Bitcoin has been growing at a rate of 10x per year, and while this will in all likelihood slow down, even 4-5x per year will put us at 10k in 2-3 years.