Post
Topic
Board Economics
Re: Will 2019 take us to Moon or Mars?
by
Upgrade00
on 04/10/2019, 04:48:54 UTC
For bitcoin to attain such peak of $100k, it's gonna take a longer time than expected,  I don't see it reaching $100k by 2020, the market cap of bitcoin and entire crypto market generally will be in $trillion,  perhaps 3-4 years time before it can happen

Perhaps much longer than that. The price of Bitcoin does not just bubble up and reach a certain height. The underlying technology must be able to support the price growth i.e it should have an intrinsic value that is equivalent to the market value. $100k in 3-4 years time is not feasible in my opinion.