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RE: Bitcoin could be worth $50,000 per Coin in the not too far distant future
So you means we all going to become rich soon? That would be great. :-)
So you means we all going to become rich soon? That would be great. :-)
Depens on how much you hold of course, and where you live. In Norway, one Bitcoin at 50,000$ will only buy you an average family stationwagon. But in other countries It can buy you a home.
But I strongly believe that 50,000 per coin is going to happen in the not to far future. Not next year perhaps, but within three years maybe. Still, I believe the potential is way higher. It could very well match the gold market and go even higher as Bitcoin is not only a store of value, but a way of transacting money to each other. Tangible assets like gold will never be that (unless the modern world collapses - but then again..perhaps even gold would be worthless)