Post
Topic
Board Bitcoin Discussion
Re: Why I am not selling my $BTC till $200k
by
Vishnu.Reang
on 14/01/2021, 07:30:48 UTC
What $200k? I don't think Bitcoin will ever hit $200k, It can go max $100k, then comes down to $20k. I think some other coin will take over Bitcoin in near future, just like what happens in the tech market in early 2000, where Microsoft alone used to rules the market then come to Apple. So wait for fore the next coin, it could be anything.

If there was some other coin capable of replacing Bitcoin, then it could have happened already. Bitcoin has been in existence for over 12 years and till now none of the 10,000 or so altcoins have been able to challenge the monopoly of BTC. After a brief lull, the Bitcoin dominance has now increased to 70%. The list includes technologically advanced coins such as Cardano and NEO.