Post
Topic
Board Bitcoin Discussion
Re: RAOUL PAL: Bitcoin Is Worth $1,000,000
by
SpanishSoldier
on 12/11/2014, 13:47:49 UTC

Raol Pal...

Quote
There's a finite amount that's been mined. The rest is underground. We kind of know how long it's going to take before all the gold is mined or before all the bitcoins. Put them in the same kind of equation we get a value of bitcoin and that value is a million dollars. Now, you'll never hear an analyst say this-but I don't mind this-I could be wrong by 90%, and it's still worth $100,000.

I read this logic that Bitcoin may equal 1M USD long time ago on this forum...

-snip-

I have a statistical explanation why 1BTC may equal 1M USD in future...

Value of 1BTC (around figure)

2009 => 10-2 USD
2010 => 10-1 USD
2011 => 100 USD
2012 => 101 USD
2013 => 102 USD
2014 => 103 USD
2015 => 104 USD
2016 => 105 USD
2017 => 106 USD

--- Early Adoption Ends Here and The Price Stabilizes ---



^^^Can u believe this ?