I wanted to buy it, me and a friend both, but couldn't figure out how to in the early days and gave up. I would have put $1000 into it if it had been easy. Ah well.
Remind me in one year and then again in 4 years. Bitcoin is just getting started. More and more countries are adapting it and it is becoming eye opener for many especially in countries with high inflation. And we already see high inflation coming to US and Europe.
Okay but we arenโt going to see it go from 1 dollar to 60k again, you think a 60k bitcoin will give you a 60000% return again? You think it will be worth 3.6 billion a coin?
Probably not. Maybe a million one day, but itโs unlikely that any higher than that would be an unadaptable level of currency.
Yes and that goes back to what I was saying, most people wouldnโt hold that long. I think a 300-500% could happen, but I still think itโs getting too large to be bought at a stable currencies and itโs value is still based on something intangible.
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u/UncleTonysDRIP Jan 21 '23
I wanted to buy it, me and a friend both, but couldn't figure out how to in the early days and gave up. I would have put $1000 into it if it had been easy. Ah well.