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RE: Think People Got Rich From Bitcoin? We Haven't Seen Anything Yet..

in #bitcoin7 years ago (edited)

technology has had its booms and its busts, it’s usually easiest to buy bitcoin with your conventional currency and then trade bitcoin for the cryptocurrency of your choice,but if it is to become a worldwide digital currency, its value will definitely be higher than it is today. Naturally, then, booms in those currencies are leading to booms in bitcoin itself,

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Consider that crypto aren't enought developed to substitute traditional money - traditional sistem handles hundreds of milions of transaction/day, Visa can scale to at leask 50.00 transation for second. Bitcoin is near to 400.000/day and its is already near to colapse point. Other cryptos, more efficient, are still smaller in terms of market and acceptation....

By a market point of view,Wait and see. When Stock market bubble will touch his peak, when bond returns will decrease because of huge demand pumped by central banks... Then we will see a huge capital inflow into cryptos. Simply, big funds and investor will look for higher return to escape a frozen market.
This will be the time of BTC and crypto economy to moon and reach new unexpectable milestones.