Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’
Fidelity predicts that one #Bitcoin will be worth $1 billion by 2038
Do you believe it? If this really happens, will you regret not buying more if you stock up now?
I think there is no need to be too uncertain about Bitcoin, because we have been following Bitcoin for a long time and we can easily understand how much Bitcoin has changed from its old days to the present. Do you think it is possible for Bitcoin to reach 1 million by 2038? I think it is not impossible, however I just think about holding Bitcoin.
It is not impossible. Because the market is very volatile, it is never possible to say when what will happen in the market. We just have to have faith in Bitcoin and consistently build a portfolio and hold it for the long term. If you can do this, then you can be a successful investor. It is not impossible for Bitcoin to reach 1 million by 2038. BecauseDo you believe it? If this really happens, will you regret not buying more if you stock up now?
I think there is no need to be too uncertain about Bitcoin, because we have been following Bitcoin for a long time and we can easily understand how much Bitcoin has changed from its old days to the present. Do you think it is possible for Bitcoin to reach 1 million by 2038? I think it is not impossible, however I just think about holding Bitcoin.
The amount of demand for Bitcoin that is increasing day by day does not seem to be impossible. Currently, many countries are legalizing Bitcoin. Many countries are reserving Bitcoin. The demand for Bitcoin is increasing day by day. It seems to me that it will be possible for Bitcoin to reach 1 million by 2038.
1 Billion is 1,000x higher than a million.
The article is talking about $1 billion per BTC.. not $1 million per BTC...
I think that it is possible for bitcoin to get to 1 billion per coin.. and to absorb close to all of the monetary premium.. but that would be $0.10 (10¢) per satoshi. Right now you can buy close to 900 satoshis for a dollar.. so that is right around a 9,000x difference between today's price and such anticipated future price in the event that 1 bitcoin were to go up to $1 billion.
The timeline seems to soon for me, and like a catastrophe would have to happen if such $1 billion per bitcoin were to play out so soon (merely 13 years from now).... since i would be thinking 50-200 years for such a scenario olf bitcoin reaching $1 billion per coin to possibly play out.