In an live interview with Yahoo Finance Coindesk Editor has boldly claimed that bitcoin will be hitting $1 million dollar per one bitcoin, and given the current market trends how realistic do you feel his statements is?. Also if you believe there’s a huge possibility of this being true, then what time frame would you speculate about seeing Bitcoin prices crossing this huge milestone.
Source:
https://finance.yahoo.com/video/believe-estimates-bitcoin-eventually-hit-201346367.htmlWell this is not really that surprising do not you think? What I mean is that it is obvious that any person that has been around for long on this market is going to believe that bitcoin is going to reach fantastic prices, I do not know when bitcoin will reach that price and what exactly you will be able to buy with one million dollars at that point but that price is inevitable, however I do not believe it will be reached during this cycle and we will have to wait at least until the next cycle in order to see that price.