Post
Topic
Board Speculation
Re: Bitcoin to $1 million?
by
The Pharmacist
on 03/01/2020, 19:03:14 UTC
If you’d have asked the small handful of individuals interested in Bitcoin this time 10 years ago what they thought the leading digital asset’s price would be at the end of the decade, few, if any, would have said thousands of dollars.
That's probably very true.  I remember in 2015 people were asking if bitcoin would ever hit $10k and I remember thinking they were crazy.  I figured if bitcoin were every to get that high, there would have to be some kind of economic meltdown--but bitcoin did hit that price and there wasn't anything of the sort.

That said, it's going to take a lot of buying to cause bitcoin to get to $1 million, and it's got to get through all sorts of other price milestones first.  I think even $100k is a long ways away.  I have to stop short of speculating as to how long that's going to take, because these things always seem to take me by surprise.  Bull markets usually do.

And right now I'd be very happy if bitcoin would just get back to $10-15k or some other respectable price.  Here's to the halving.