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RE: Bitcoin may be worth $ 250,000 by 2020 if trend continues
Jameson Lopp tweeted @ 05 Jun 2017 - 22:26 UTC
Bitcoin average DAILY value change:
2010: +0.82%
2011: +0.76%
2012: +0.26%
2013: +1.11%
2014: -0.25%
2015: +0.09%
2016: +0.22%
2017: +0.66%
i dont think that this trend will continue... currently there is a hype around crypto and i agree crypto is the future.
but speculators and short term investors will drive the whole market to a big crash.
Afterwards the trust level of crypto is destroyed for a long time .. maybe years
look at the bitcoin crash 2013 ... it will be the same
Just take the right perspective. Look at this logarithmic graph and watch out if this trend line breaks. If not, 2020 will have sweet Bitcoin prices.