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re: It’s time to revisit Bitcoin potential. Where do you think it’s going?
Posted on 2/12/21 at 6:20 am to 13SaintTiger
Posted on 2/12/21 at 6:20 am to 13SaintTiger
Most everyone thinks its going up. I will use it when it serves my purpose.
The part that bothers me is the lack of well thought out long term predictions. I've watched interviews with some bright minds who all agree 100+ short term.
But what happens in 10 years? What if someone makes a better coin? Bill gates talked about this in an interview once.
Is something better possible? What would happen to BTC value?
The part that bothers me is the lack of well thought out long term predictions. I've watched interviews with some bright minds who all agree 100+ short term.
But what happens in 10 years? What if someone makes a better coin? Bill gates talked about this in an interview once.
Is something better possible? What would happen to BTC value?
This post was edited on 2/12/21 at 6:26 am
2
Posted on 2/12/21 at 8:34 am to 13SaintTiger
Elon Musk just invested 1.5 billion of his company into it. Would have to believe that he knows what he’s doing. I’ve been a hodler since 2017. Have made life changing gains in the stock market on bitcoin related stocks. Cryptocurrencies are still in their infancy. Sure, there will be pullbacks, but that just gives more chance to accumulate. Bitcoin is actually very forgiving in that aspect. It gives you a mulligan if you may have missed a big run. Buy it, but don’t look at the daily price changes. Just know that you will outpace the market over the long haul. This has been proven over the past 10+ years. It’s decentralize. No country can control it. That’s the beauty of it all.
Posted on 2/13/21 at 12:41 pm to 13SaintTiger
TLDR: Banks and Market Makers love it, it's here to stay for a long time, big line go up, Bitcoin will never be p2p cash.
Bitcoin will probably be closer to a million than to 40k before it's all said and done. Then interest of bankers and large-scale investors have sealed the short term future for Bitcoin as "digital gold" or a "store of value" or whatever fake and dumb pivot they come up with next. The massive, insurmountable shortcomings of the network in performing as "peer to peer electronic cash" are huge advantages for banks who don't really want to have a viable p2p electronic cash.
Bitcoin will probably be closer to a million than to 40k before it's all said and done. Then interest of bankers and large-scale investors have sealed the short term future for Bitcoin as "digital gold" or a "store of value" or whatever fake and dumb pivot they come up with next. The massive, insurmountable shortcomings of the network in performing as "peer to peer electronic cash" are huge advantages for banks who don't really want to have a viable p2p electronic cash.
This post was edited on 2/13/21 at 12:42 pm
Posted on 2/13/21 at 10:25 pm to 13SaintTiger
This year? 100k Then possible dump
Posted on 2/13/21 at 10:42 pm to 13SaintTiger
The Treasury and Fed will NEVER allow a crypto to become a dominate force in the financial market.....unless they have complete regulatory authority over it.
That said, BTC will go to $100,000 and from there, who the hell knows.
That said, BTC will go to $100,000 and from there, who the hell knows.
Posted on 2/14/21 at 8:01 pm to 13SaintTiger
This year? At least $150,000. I think the high will be in the low $200,000's. Bull run to continue into next year. The 4 year pattern will be broken this year.
Posted on 2/18/21 at 7:22 pm to 13SaintTiger
I hold 25 full bitcoins but didn’t write down my code in 2011
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