Quote from: Lucius on June 13, 2019, 11:07:52 AM

Quote from: shitexpress on May 30, 2019, 10:21:33 AM

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This is a very simple fact, for anyone who is asking how much bitcoin will be worth in next 2, 5 or 10 years just look at history and some answers can be found there. It is not a problem in fact the price of bitcoin grew on average xxx% per year in $ value, but in fact that some people say that at some point such growth will stop. But they ignore the fact that bitcoin is have limited supply, and that it is not comparable with fiat, stocks or gold.

Only 4-5 years ago price of bitcoin was only around $200, and today is x40 - for me quite enough proof that the bitcoin is long-term sustainable and worth the investment.

Many traders are obsessed with getting short term profits and many only look at 15 minutes charts or lower, they are so concentrated on getting small profits that they forget that the greatest benefits come from holding bitcoin long term, if you take a look at a weekly chart or a monthly chart it becomes more than apparent the upward trajectory of bitcoin and how despite its huge growth it seems that such growth is sustainable, many of those that argue against it say that it resembles a bubble, and it is true, but many other great inventions like cars produced industries with similar growth and we know what happened to those industries.