miladchikol

BTC Outlook

Long
INDEX:BTCUSD   Bitcoin
Bitcoin will eventually hit $30 billion by the year 2064, according to my estimation. There is an enormous passion behind the blockchain technology. Many laugh, some underestimate and some enter. The ones who enter (for long, not short) will win. If one Bitcoin reaches $30 billion, its market cap will be $400 quadrillion which comes against the total amount of current fiat by $29 trillion. Some people then invalidate the idea of Bitcoin hitting that number; but, the question is: Why is there even that $29 trillion? Why not more or less? For many centuries, govts did what they wanted. Printing an unlimited amount of notes. Now, the decentralised system of blockchain is here.

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