Bitcoin Price Will Reach $1.2 Milion - Calculation
Here is an mathematically proven calculation how bitcoin price can reach $1.2 Million in coming years
Let me know in comments what do you think about it - and yes guys this is not my video but I found it very interesting - so as it will give credit to it's author - here is link to his channel.
https://www.youtube.com/channel/UC7S9sRXUBrtF0nKTvLY3fwg
Although I'm not sure that the increase of value is linear, the calculation is quite feasible. What I personally doubt massively is that the bitcoin infrastructure - which consumes already as much power as a nuclear power plant is able to produce - can cope which such an increase of adoption. More adoption is IMHO a big threat to bitcoin, since there is already a lag of several hours for transaction during a high-traffic period like during the last big value explosion.
What I do not doubt is that the best time to buy is most likely now.
Just mentioning, I'm not an expert in this regards, so this is not an advice or a recommendation, just a personal opinion. Do your own research or ask a real expert or do both. Or just work hard (rofl) or whatever... ;)
Thanks for comment :)
Thank you for the information @martin-hacks
Welcome - Upvoted :)
Hey guys - Upvote leave comments and I will upvote your comments as always :)
Upfront it seems too good to be truth so...
Good explanation of the current state and possibilities.
Why Bitcoin is a 1 to 1 function of adotion?
Quite big assumption... (maybe it's technical and I don,t know but...)
Although, as money, cryptocurrencies worth what people are willing to gave for it.
Gouvernement and Big banks are starting to put restriction and inconvenience in the progress and reputation of crypto crurrencies.
Also price of 10 000 may be inflated at de momment...
It's just a theory of probability based on current numbers :)
Great video..!! Thanks Martin,
That means, anyone holding LTC will be even more multimillionaire than with BTC? 1 LTC 250k? Fucking Ell is just trading <160 now! Filling my bags!!
Me too :)
This post has received gratitude of 2.90 % from @appreciator thanks to: @martins-hacks, @martins-hacks.
You got a 1.11% upvote from @postpromoter courtesy of @martins-hacks!
Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support the development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!
You got upvoted from @adriatik bot! Thank you to you for using our service. We really hope this will hope to promote your quality content!
You got a 0.96% upvote from @allaz courtesy of @martins-hacks!