Quote from: hatshepsut93 on July 20, 2018, 12:06:44 AM

Quote from: European Central Bank on July 19, 2018, 11:11:58 AM

weird price claim. it managed 20 grand based on the usual suspects. so he's saying if it infiltrates every market and attracts every potential buyer it's gonna double from there? that doesn't seem very realistic or ambitious to me. we're probably at 5-10% of market saturation right now and that might be massively overstating it.

I guess he wanted to make a prediction that can come true in the next few years, even regardless of Bitcoin's mass adoption, because $40,000 can be achieved through speculation and some adoption. $40k in 10 years should be ridiculously small of Bitcoin, since emission will be very low and its technology would be hugely improved. He is probably still considering a scenario where Bitcoin gets outlawed and can't get mass adoption and trading volume to sustain big prices.

Considering that hes someone who hasnt been in the crypto scenario for such a long time and that hes a public figure, his prediction is actually quite humble. Better to be a little safe rather than make reckless assumptions of something hes not so familiar with. That would really tarnish his image if he sounded like a foolish child who believed that bitcoin will become $1,000,000 in a short period. He even sounds more believable than the others who post in speculation.