I personally feel it is easier for "50 to become 100" than "500 to become 1000" .I would predict Bitcoin around $25K when steem sells at $10 .
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I personally feel it is easier for "50 to become 100" than "500 to become 1000" .I would predict Bitcoin around $25K when steem sells at $10 .
You realize of course that the logic makes no sense, when cryptos are priced to 8 decimal places.
And even ignoring the 8 decimal places, your logic would suggest that one of the worst possible investments is Berkshire Hathaway, due to its price being over $100K.
You need to call Warren Buffett and explain to him that he doesn't know what he is doing as an investment manager.
Please let me know what Warren tells you when you are discussing your analysis.