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RE: BITCOIN PREDICTION: $50,000 12-24 MONTHS

in #bitcoin7 years ago

I agree BTC will reach high values and potentially 50,000 in the long run, but having an analysis at 1-2 years considering how fast the market change is really difficult. Can you please explain a bit more of your analysis?

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Like I said I am not a professional but look at the fact there are only 21 million coins, it is finite, and they just keep printing fiat currencies...Also a "Professional" on CNBC made the same call yesterday!

Agree, but considering the fees are increasing as well, I don't think we will use BTC as currencies in future, with a value as 50,000 I see it more as a solid store of value, such as Gold... where you transfer it when you have important assets to liquidate

Good point