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RE: Standpoint Analyst Sees Bitcoin Hitting $5,000 Next Year, $50,000 Over Next Decade

in #bitcoin7 years ago

Useful post, thanks so much for sharing. I think it might correct or go sideways in the short term. However, I think it's going to be a solid investment for the next several years. Cryptocurrencies can offer another way for people to store their wealth other than gold. This works out especially well for someone that's living in a country with a high rate of inflation as they can now more safely store their wealth. I am definitely sure that cryptocurrencies will be larger than the 1% currently in financial assets.