Post
Topic
Board Bitcoin Discussion
Re: What can we expect from this statement of Michal Slayer..
by
South Park
on 22/09/2022, 22:52:40 UTC
https://news.yahoo.com/bitcoin-could-return-68-000-135232771.html

Recently i came across this post Michael Saylor says Bitcoin could return to $68,000 within 4 years and hit $500,000 in the next decade..

The time line of 4 years seems very long... What's your opinion regarding this statement


We must not expect much out of this, he gave his opinion and that is it, bitcoin returning to the previous ATH in a four year window is a reasonable prediction, so there is not much we can say there, and about bitcoin reaching 500k during the next decade, who cares? If you are a long term holder and you are planning to hold for that long then it does not matter if bitcoin reaches 200k or even 500k dollars per coin, what matters is that you will be in a better economic position than the one you are currently experimenting.