Re:Bitcoin heading towards $200, new bubble forming
by gizmo on Saturday October 19, 2013 @07:48AM
(#6576073)
Assuming you have $5000 worth of Bitcoin that's 25 bitcoins at the current $200 exchange rate.
So bitcoin has to go to $40.000 for you to become a millionaire.
Bitcoin at launch was $0.05. So value of bitcoin has doubled 12 times since launch, and the value of bitcoin has to double 8 more times for your to become a millionaire. So that's quasi-plausible. Not holding my breath, though :)
So bitcoin has to go to $40.000 for you to become a millionaire.
Bitcoin at launch was $0.05. So value of bitcoin has doubled 12 times since launch, and the value of bitcoin has to double 8 more times for your to become a millionaire. So that's quasi-plausible. Not holding my breath, though :)
[1] Source https://docs.google.com/spreadsheet/ccc?key=0AmcTCtjBoRWUdHJ...