Post
Topic
Board Speculation
Re: $500,000 per Bitcoin, baby. The math behind it.
by
bitsmichel
on 03/08/2014, 14:47:48 UTC

i believe it will touch 10.000 but not to 500.000 k
and maybe need more year like 5 or 10 years again to touch it . because we know when diff gain price will gain. may

As much as I hope I am wrong, I don't believe it will ever go that high...That would put too many people at an extremely wealthy level, and I don't think the government wants that to happen!

How so?  You do realize there's millions of millionaires already right?  The government cares about taxes.  They don't give 2 rat shits if you've got money or not.

no, governments care about control, they can print money out of thin air, for now.

yes but they can't print gold, silver or bitcoin. If they print too much it will become an valueless currency - and that has happened before in history.