Prediction says Bitcoin to reach $400,000

in #bitcoin7 years ago

The billionaire investor and founder of Morgan Creek Capital, Mark Yusko predicts that bitcoin will be valued at $400,000 in the long term. This may be true if the demand will rise up and if his points that in the future, banks will be replaced by blockchains specifically bitcoin.

This will absolutely change the things we were used to. If transactions will all be verified in the blockchains, banks will no longer be necessary making it more efficient for us. The blockchains being the next trust institution, it will surely frightened out the bankers.

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When asked his prediction comparing bitcoin to gold:

“It’s just math. It is gold equivalent…there are about 20 mln Bitcoin available today. Gold today is about $8 tln. That gives you $400,000. And that doesn’t include use cases that relate to currency.”

Imagine how much you will have someday based on what you have invested today. Use your funds wisely my friend!

Source: https://cointelegraph.com/news/mark-yusko-defends-his-400000-bitcoin-prediction

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eh bitcoin tranactions fees are getting tad high im quite sure theylll probably be 1 digital currency for each contient at one point nopony needs fucking amillion currencies good grief. u guys need 2 work together more ulitmately u will its already been interesting and almost beyond belief some of the achievements u've already surpassed after 2012.

lol funny u get .30 already for that and i write multiple articles about how 2 change your entire reality/universe easily and that gets almost nothing wonderful!
your race is far 2 materlistic . i am happy with what i have right now i need nothing more although someone 2 give me a hug on the weekends at least would kickass

Indeed, we have to invest wisely. Nice post!

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