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RE: Analyst who accurately predicted Bitcoin reaching $2000 in 2017 is back at it again

in #bitcoin8 years ago (edited)

Why do you doubt Bitcoin will reach $100K? There are plenty of predictions on Youtube from business types that Bitcoin will reach a value anywhere from $100K to $5million each. This will be attributable to a combination of a weaker dollar and the proliferation of Bitcoin in our lives and in commerce AND the inspired property it posesses of being a deflationary currency thanks to its limited coin run. The days of dealing in whole Bitcoins will be numbered as it becomes more and more valuable, with transactions using micro Bitcoin payments (remember Bitcoin is effectively infinitely divisible) with common fractions of Bitcoins commanding their own terms.