Post
Topic
Board Speculation
Re: BTC could reach 6 figures (rational explanation)
by
d.kevin29
on 28/01/2020, 07:39:39 UTC
50 years later if BTC still lives, it may be 6 figures. I'd be long buried by that time. But the moment the price hit 6 figures, it will eventually plunge because most of us are just going to take profit til the market recovers again. The bear market will take place for long years again. I really do hope 6 figures will come to realize, I wanna buy myself a helicopter too like Kobe Bryant.

That's a very long target. If it takes 50 years for Bitcoin to get to $100k+, that means we're going to see a very powerful resistance in the market so I doubt it.

We're probably going to see it sooner than you expect. Especially with today's global debt and inflation.

It truly depends on the way markets develop. We cannot have a $2T market cap if the number of investors and holders doesn't continue to grow.