Crypto Experts are saying BTC to hit $1,000,000 | CNBC
Hey guys!
Yes we keep hearing it but will it ever happen ? here are some experts giving their views on why they think it will ... whats your thoughts?
My opinion is everyone is getting far too excited, yes it could reach that amount but not in the next couple years more like the next 10 to 20 years. Look at price of housing as a comparison on rises and falls and stale times.
Love to hear everyones thoughts !
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Well if the dollar becomes so inflated that it becomes nearly worthless then Bitcoin could DEFINITELY become worth a million :-D! I mean look at Zimbabwe, where everyone is a billionaire because their money is worthless.
A friend at work told me that Venezuela's money is so worthless it's actually cheaper than toilet paper.
A million dollar bitcoin is ridiculous to say the least. 1 million$*18million bitcoin by year 2020 would give bitcoin an uncountable market cap.
It might happen in 20 years with some disaster in financial sector. I am afraid I dont see that happening anytime soon.