Bitcoin to 1 Million Dollars!?!
Dan Schulman, the chief executive of PayPal said in a recent interview that bitcoin one day could be worth $1,000,000.
That is some exciting news, but if you ask me i just don't see it ever reaching that price. I do, however see Bitcoin reaching at least $100,000 per coin in the future. See, the coin itself in my opinion will always have an almost 'sentimental' type of value to it along with the currency value. Most people have no idea what Cryptocurrency is, but if you mention "Bitcoin", you will normally hear a response something on the lines of "ya, i've heard of that".
I will continue to HODL my Bitcoin along with Alt coins. Apparently there is only about 1% - 2% of the worlds population invested in Crypo. What do you think it will be worth when 85% of the world is invested? How about when some Bitcoins get lost on hard drives, or stored away and forgotten? Supply and demand. Always remember, Crypto is a very volatile market and will rise and fall and rise again. This is a cycle that will probably never end.
Have a great night everybody, have great dreams of GREEN markets.
P.S would love some up votes to fix my Rep please, i apparently got flagged for a comment that a whale did not like.
Thanks Everybody!
Lol, hold your coin bro, its gonna hit 1million dollars
Wouldn't that be awesome? The cool thing is, is the fact that it is actually possible. Its nice to be involved and invested into something that is new to the world and nobody really has any 'absolutes' about Bitcoins future.
Like your picture from Wolf of Wallstreet !! Its one of my favorite movies, besides the fact they take so many drugs :P
I agree with you. Bitcoin can hit some day 100.000$ even 1 Mill, but there needs to happen something big. Just ask yourself one question. Why and when it was created.
Its just a matter of time for our financial system.
Thank you, The Wolf Of Wallstreet was an awesome movie! Bitcoin is a good buy right now with this bear market.
It is best just to buy your BTC and store them in a hardware wallet. Don't get emotional over the daily news because they really don't matter over the long term.
I agree, the news is so fast to speculate, then within a week the story is completely different. What you suggest is ultimately the best advice to give to most people, just store and forget about if for a while.
Man... if only. I agree though, I do not think Bitcoin is going to stay the gold standard. It may see another year or two in that spot but something is going to pass it.
Yup, that's why i really try to spread my portfolio out with a wide range of different style/types of alt coins. Bitcoin may one day go away, but I'm pretty certain Cryptocurrency is here to stay.
Yes it is here to stay, at least until something better comes along and replaces it. I am predicting though that this is just the beginning of the end of fiat currency.