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RE: Is $500,000 per bitcoin possible? The math behind it...
Very well thought out posts zoidsoft! I honestly don't think 500K is going to happen. We need to worry about how the governments of the world will evolve/react to it. Still in the early stages, but very much good to be apart of.
Thanks! I do think that one of these will become the next Google of finance. The emergence of bitcoin is very similar to what happened when the internet was born. I don't know if the technology will wear the bitcoin label (the tech changes every day). There's a user known as MasterLuc on bitcointalk.org who's been very accurate on the pricing in the past.
He also predicted that bitcoin would be between $40k - $110k by 2020.
I think many cryptocurrencies will hit the apex point in the curve Feb 2019 and go parabolic like it did in fall 2013. If John McAfee is right, then it's bad news for the USD.
If we see that by 2020 it's time to put 10,000 in. Haha. I will check out the link. Thank you for your help!