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RE: 4 months ago my mom bought a whole Bitcoin for $2833 - Is it time to take some profits?
50,000???? Are you really that optimistic... i don't think so mate
50,000???? Are you really that optimistic... i don't think so mate
1 year ago bitcoin was trading at less than 1000$. Now it is 7 times its price. Is it too hard to think that after 3 years, it can't go up as much as 50k?
Actually i am hoping and expecting that it will reach 100k by 2020.. 😏
Well that's great if it does so....but there might be some corrections as well
It could achieve a value of a couple million dollars.
Well, let's say the US switches all of it's currency over to Bitcoin and it's the only country in the world that uses it. On September 2017, there was 1.58 trillion US dollars in circulation. Let's convert that into the 21 million Bitcoin that will ever exist. 1.58 trillion divided by 21 million is a bit more than 75,000 US dollars per Bitcoin. But Bitcoin is a global currency, imagine how high that number would be if it was converted into the value of all the currency in circulation in the world.