Everyone wants to get very technical with their price predictions and so on, and show how we are in an obvious logarithmic regression curve that leads to a specific price.
What they haven't considered is we could very well be in the tiny first phase of the chart development.
This can be seen in my monthly chart I've created, no need to get fancy or anything.
It is as simple as if you actually zoom this thing out and consider that it is an entirely new asset class in its infant stages, 10 years is nothing.
Hardly any percentage of the population has started using bitcoin, and it definitely isn't used for anything other than holding for speculation/maybe a store of value.
Who is to say price targets won't be achieved as seen here?
We could get to $100 billion per Bitcoin for all we know.
We haven't ever seen a hard money that is borderless and easily transferred like this.
Bitcoin is an asset with a ceiling equivalent to who knows what.
If it grows as some hope, the dollar would become worthless against it anyway, so we definitely could see infinite growth when compared to something such as USD.
Just my 2 satoshis.
- CA$HLESS
What they haven't considered is we could very well be in the tiny first phase of the chart development.
This can be seen in my monthly chart I've created, no need to get fancy or anything.
It is as simple as if you actually zoom this thing out and consider that it is an entirely new asset class in its infant stages, 10 years is nothing.
Hardly any percentage of the population has started using bitcoin, and it definitely isn't used for anything other than holding for speculation/maybe a store of value.
Who is to say price targets won't be achieved as seen here?
We could get to $100 billion per Bitcoin for all we know.
We haven't ever seen a hard money that is borderless and easily transferred like this.
Bitcoin is an asset with a ceiling equivalent to who knows what.
If it grows as some hope, the dollar would become worthless against it anyway, so we definitely could see infinite growth when compared to something such as USD.
Just my 2 satoshis.
- CA$HLESS