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RE: $50,000 for BTC by the end of the year⁉️

in #bitcoin6 years ago

personally i believe anything is possible with bitcoin if things remain the way it is, currently the value of most coins and tokens is proportional to the amount or volume being traded against bitcoin, hence for such tokens to sustain more bitcoins will need be bought or sold and thereby increasing its demand.
However i do not know how long this will last as i strongly believe in the future the value of cryptocurrency will be based on the value of the project which they serve. and that could truncate the price of bitcoins.
You can read my article where i talked more about this here>>