It would now be shocking if BTC didn't hit $100k...

in GEMS4 years ago

Remember when $100k BTC sounded like a fantasy? Not anymore...

It was less than a year ago that bitcoin was trading for single digits and everyone was still saying bitcoin will eventually hit $100k.

It sounded nice and something that could certainly happen...

Well, now a year later, it would be shocking if bitcoin didn't hit $100k.

Goldman Sachs now even seems to agree:

image.png

(Source: https://twitter.com/ahkyee/status/1382344671704223745)

Gold is a $10 trillion dollar market, at the very least.

Now if you take that same market and apply it to bitcoin is still going up 9x from the current price.

That's over $500k with the current supply.

Looking at it like that, now it sounds almost impossible that bitcoin doesn't hit $100k in the near future.

Then it will probably blow past that number...

Stay informed my friends.

-Doc

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Bitcoin can go beyond that price but, will governments allow it to challenge fiats for indefinite period?

good work dear
i am following you

Adoption goes fast yes, but we are so far from real mass adoption. It will take several years to get adoption crypto deserve.

Bitcoin can go beyond that price but, will governments allow it to challenge fiats for indefinite period?