Post
Topic
Board Speculation
Re: Interesting fact: When Bitcoin reaches $100 000...
by
FanatMonet
on 18/02/2020, 12:04:25 UTC
If it ever gets there I'll be very interested to see how it compares in market depth versus those markets nominated. My feeling is that it'll still be pitiful.

It could reach $100,000 in a few hours tomorrow. All it needs is a lack of sellers and a surfeit of buyers. Even if flashy figures like that are reached they don't mean all much until the markets are much deeper, broader and more accessible.

Honestly, in such a situation on the market, any product will grow absolutely, be it Bitcoin, some altcoin, or even something from the real sector of the economy.
Here another problem arises, namely the soap bubble, when everyone buys and buys in the hope of profit, but it cannot go on like this forever, and ultimately it can be very bad. Best of all is systematic growth.