Quote from: virasog on August 20, 2023, 07:05:44 PM

According to the Finbold article, ‘Rich Dad’ R. Kiyosaki predicts Bitcoin to $1 million if the economy crashes. This is food for thought for those who are foreseeing the economic crash and are unable to find a safe haven for their investments.

I don't understand how some people make their predictions about bitcoin prices. What should exactly push the bitcoin price to $1 million if not of the demand of bitcoin? I believe that what pushes the price of an item or assets to skyrocket. There's no other logic or magic that is done to lead to an increment of an asset apart from that.
To me, a million dollars for bitcoin to actualize in price should come into play with time. Not in the upcoming halving or the next two halving.

Quote from: virasog on August 20, 2023, 07:05:44 PM

Some people are of the view that if there is an economic crash, then the stock market and the commodities market will crash and so will the bitcoin price will tremble. This may happen but I think the bitcoin will recover quickly and people will invest in the bitcoin. And who knows bitcoin may not fall at all if all this happens in a slow and steady fashion.

When there is an economic crash, it affects everything in price and Bitcoin is not an exception to it. The advantage of having bitcoin as an investment in times of economic crashes is to be in a good position to have gains when the market recovers. It is always certain that it will no matter how prolonged the economic crash will last.