Quote from: MainIbem on October 06, 2024, 03:47:14 PM

Quote from: GIF-JOBS on October 06, 2024, 12:48:51 PM

Bitcoin is a currency with a lot of potential. Yes I agree with you, Bitcoin will grow at least 10x-20x in the next 10-20 years. Because if we research Bitcoin deeply and look at the research of major Bitcoin experts, we can understand very well that how likely Bitcoin is going to be in the coming days, we are going to see a strong bull market in the coming next year where it is expected that Bitcoin In the next bull run it will cross 100K at least and there is a possibility of it going up to 120K. So I also think that, if As-Soon-As thinks that Bitcoin will only cross 150K in the next 10-20 years, then As-Soon-As has no idea about Bitcoin, I believe that Bitcoin will cross $1M to $1.5M at least in the next 10 to 15 years.

Bitcoin has lots of potential, that's agreeable and that's why different people who believe in it speculates different prices, I've seen speculations of 100k before next year, I've also come across speculations of 200k by next year from Crypto new channels on the media but all those are mere speculations and none is right until it happens. However, I still stand on the ground that the 80 to 100k mark in the next bull season is a possibility and more realistic compared to 200k and above. I so much believe in Bitcoin, infact seeing it reach different all time highs in different circles is enough for anyone to believe in it but what I'm not very sure of is your speculations of Bitcoin getting to $1m in 10 to 20 years from now, I find that figure very unrealistic because Bitcoin was created in (2009) which is about 15 years before now and since then, it's not even reach 80k yet not to talk of 100k. If you had said about 500k in the next 10 to 20 years maybe I would've been convinced but then I doubt if Bitcoin would reach the figures you're speculating at that point in time.

The fact that Bitcoin has a sequence or will I say a pattern in which it moves doesn't mean it can not get to that speculation and I guess you are judging Bitcoin based on the past performance and the year it come into existence which is partially right and partially wrong. I want to let you know that a lot of things has changed even though I may not be able to mention it, you will agree with me that how things was 6-10 years back is not the same anymore that is to say that anything is possible because the asset we are talking about is very volatile, it volatility is what we can not imagine or tell and please don't get me wrong I'm not saying it can not get to the given speculation neither am I saying it will get to the... But I'm saying that anything is possible.