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RE: Bitcoin 1.000.000,00 $

in #bitcoin7 years ago

I seriously doubt Bitcoin will ever reach that high... I think it might get to 10k a coin at the maximum. The reason I say that is while bitcoin is the top dog, I believe that Ethereum and other coins will eventually overtake Bitcoin. The reason is that bitcoin is more expensive, less secure and has longer transfer times. Also you cant really mine it anymore unless you have a server farm.

Also remember most of bitcoin is owned by only a few people who can flood the market whenever they want. The original inventors and miners hold most of the coins which can make it hard for new miners to get in and makes a lot of people want to stay away.

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