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RE: Congratulations! You are about to survive the longest bear market in Bitcoin's history!

in #crypto6 years ago

Interesting thoughts, though I don't fully agree. I think bitcoin can go up WITHOUT ever being a viable global currency. Gold is an $8 trillion dollar market. In my opinion, bitcoin does everything gold can do, only better. If bitcoin takes just 10% of gold's market, we are looking at $800 billion market, or roughly 12X where it is currently. If bitcoin takes 50% of the market, which I think is possible, that would be roughly 70X the current price. I think bitcoin can go way up just by being a better store of value.

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