Post
Topic
Board Speculation
Re: Why bitcoin will hit 100000$/BTC in 2014. My conspiracy theory
by
skivrmt
on 02/01/2014, 17:57:13 UTC
Wall Street could push Bitcoin over $100k. Bitcoin went 100x in 2013, why not again in 2014?

Fairly simple actually, stocks don't grow exponentially after a certain point, it just isn't feasible.  XBT increased its market cap in one year by ~10B.  Which was a great feat.  But for XBT to increase 100x again, the market cap would have to increase from 10B to something with way too many zero's on it in one year. Wink 

Can it get there eventually?  Who knows.  A LOT of factors have to fall into place for that to happen.