I heard a rumor that it will hit 1 trillion dollars. It sounded legit.
Re:Bitcoin hits $10,000
by mancerayder on Wednesday November 29, 2017 @01:47PM
(#15809585)
Was the rumor on Reddit, though? Because if so, I'm loading up on BTC. To the moon, as they say over there.
Funny, but on the other hand, if Bitcoin reaches 1 million dollars, how much will the dollar still be worth? So first part could be rise of Bitcoin, second part fall of dollar. 1 trillion dollars is within reach! ;)
Re:Bitcoin hits $10,000
by zzxxddere333 on Tuesday November 28, 2017 @09:38PM
(#15804083)
Why not both?
If you can see value in decentralized cryptocurrencies, I think you can make the mental leap for the case of bitcoin.
But I really can’t see how this is not just an instrument for some people to get very rich in a very short amount of time on the back of others.
Can it reach 100k? Absolutely. 1M? Who knows. 10M/BTC? Someone on Reddit said it will get close. But in the end I do think it will be remembered as a global mania instead of the creation of a new asset class.
I do believe in block chain and the value of crypto currency in general, but I just don’t see how BTC will be the winning asset in the end, if anything Etherum has a lot more solid foundation and is a lot more scalable technically.