Bitcoin conversion rate to USD

Don’t see at the immediate term undertaking, sky at the insert aspire value.

Fact: There will never be sophisticated than 21,000,000 bitcoins.

Fact: Bitcoin will not be stopped, made illegal, or otherwise shut all along. (We can debate this, but I firmly endorse this is a fact).

Bitcoin is the best contender to be the world currency in 5-30 years. When that happens, a single Bitcoin will have to be worth at least $10,000-$100,000 … because a person will have an average of 21,000,000/7,000,000,000 = 0.003 bitcoins. Now think how much that one bitcoin has to be indispensable for this to happen.

TL;DR – ignore immediate term movements, acquiesce for yourself how much you taking when again a single bitcoin “should be worth”, and invest as long as a bitcoin is lower than this price. Short term, the price will be manipulated, long term the genuine price will be revealed.

One thought on “Bitcoin conversion rate to USD

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