3 ms·
Nitpicking a bit, but first bubble was not in April, but in 2011 summer when it reached $30+ before falling to $2-3 level. There were smaller bubbles before tha
by sireat 13y ago
Nitpicking a bit, but first bubble was not in April, but in 2011 summer when it reached $30+ before falling to $2-3 level. There were smaller bubbles before that too.
That said, Bitcoin could conceivably go for $10,000 (200B market cap while there is 1.2T USD in circulation) if/when it gains widespread acceptance. There are still some issues though. From what I understand there is a limit on maximum transactions that can be included in a block.