Post
Topic
Board Speculation
Re: Road to 100k?
by
$crypto$
on 11/10/2024, 22:52:40 UTC
Even if someone tells me today that bitcoin will get to $2m before the end of next year, I will believe it.
Even though we don't doubt that bitcoin will increase in due time, we should also be more realistic to know that bitcoin can not just grow to $2m dollar In the space of 1 year. That would be a massive push of %millions. even as though it was just a speculation but it may not possible anytime soon.
Even in passing one cycle bitcoin will not break $2M, realistic thinking will be more important than meaningless fantasizing, although I know guesses can be issued from anywhere but do not believe bitcoin will increase perpendicularly to $2M.

Let's always remember that there will forever be 21 million or less bitcoin in circulation!!
That is the more reason why bitcoin still remain the best because it is limited in supply and will still remain scares as people lost more or as demand keep rising so do it also increase. Just like Satoshi Nakamoto once said Lost coins only make everyone else's coins worth slightly more.  Think of it as a donation to everyone.
The limited demand will obviously increase the price slowly this is also when bitcoin has reached the amount of supply in circulation then the price is likely to be more than $100K.
But we know bitcoin will reach the circulating supply it still takes a long time.