Post
Topic
Board Bitcoin Discussion
Re: Throwback: Bitcoin was $64k today, a year ago.
by
Abiky
on 14/12/2022, 16:20:48 UTC
The cycle cannot always repeat. Otherwise in 100 years 1 BTC would be more than the GDP of all countries combined  Smiley

Not an exact science I'm stating here but there is always a ceiling...

The sky is the limit to how far Bitcoin will go in price. If it continues to rise in popularity, then the pioneer cryptocurrency would be set to destroy Fiat for good. We're going to have to see how everything will play out as crypto/Blockchain tech matures itself in the mainstream world. I believe Bitcoin will go higher than just $64k per coin, especially when it hasn't reached the world yet. There are a lot of people worldwide who haven't even used Bitcoin before. If we include these people, the price (and market cap) of a Bitcoin would be a lot higher than what it is right now. I'm pretty sure it will be in the "millions" within a couple of years from now.

I'd say the current bear market is the perfect opportunity for you to buy as much Bitcoins as you can for a huge discount. Who knows if buying now will lead you towards untold riches in the future? Just my thoughts Grin