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RE: !!! BITCOIN TO $500,000.00 !!! What would it take?

in #bitcoin7 years ago

Bitcoin has the potential to reach that price, buy what you can now that still has a low value. Another problem with bitcoin are the high commissions, imagine how much we should pay to transfer bitcoin if it costs 500k, it would be crazy and it would be impossible to use it as a payment method.

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They would definitely need to scale. BTC is doomed if they don't scale this year. Even now, moving BTC is a pain. That's why we saw a massive exodus into the alts. Alts are so easy to move and exchange. DGB is one of my favourites. DragonChain for an ETH competitor is looking strong.