Bitcoin is more likely to be $100 than $100,000
The likelihood of bitcoin prices falling to $100 is greater than that of the digital currency trading at $100,000 a decade from now, Harvard University professor and economist Kenneth Rogoff said on Tuesday.
The likelihood of bitcoin falling to $100 was greater than that of the digital currency rising to $100,000 a decade from now, Harvard economist Kenneth Rogoff said.
Regulation would be a trigger for the move lower in prices, Rogoff said, although he acknowledged that it would not be an overnight development.
Read more at https://www.cnbc.com/amp/2018/03/05/bitcoin-more-likely-to-be-100-than-100000-in-10-years-kenneth-rogoff.html
I agree its more plausible but with 21 mil total bitcoins(counting the lost ones and those yet to be mined) the market cap at $100k/BTC would only be $2,100,000,000,000 ($2.1 trillion) Gold's market cap is about $7.8 trillion, so a $100k bitcoin is definitely not out of the question. Thiugh as you said neither is a $100 Bitcoin. Just food for thought. Steem on friend.
Appreciate that. Thanks for commenting.