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$0 or $150K If it survives another 10 years, will probably reach parity with value of all global gold holdings. This would put price per coin at somewhere aro
by cwkoss 9y ago
$0 or $150K
If it survives another 10 years, will probably reach parity with value of all global gold holdings. This would put price per coin at somewhere around $150K.
There is a real (but decreasing with time) chance that Bitcoin will fall to near $0 - from extreme regulatory pressure, a security flaw in core protocol, or a clearly superior cryptocurrency taking market share.
Will be very interesting to see what happens if it breaks above $150K. At that point, the bubble starts to be 'nation-state' sized, and has the potential to cause a global recession as it sucks value out of other asset classes. Seems implausible, but never say never with Bitcoin. For the past 5 years I've been saying "Someday bitcoin might hit $10K!", and it arrived much sooner than I expected.