Post
Topic
Board Speculation
Re: what will happen if BTC hit 1.000.000$
by
Wayan_Pedjeng
on 26/05/2019, 06:27:50 UTC
If the bitcoin value reached up to this level then the use of this currency will be more normal than now and the trade and use activities will be rising day by day. Crypto currencies are formal now and a limited community is using this all but we know that in the near future we will be able to see the the crypto rise and it's online use.

Use your brain. In case Bitcoin goes up by 125x, then who will be stupid enough to spend Bitcoin? They will put all of their coins in cold storage, waiting for another 125x rise. Only some of the users will sell a part of their holdings. Everyone, including the mainstream investors will be racing in to accumulate Bitcoins. Can any other asset give them that sort of returns?