In five years’ time, I think Bitcoin will make it bigger and better than it is today specifically regarding its financial development. It is grown up much better and longer and its popularity known in entire world. I think it will become more widely accepted in 5 years. It will also be more legal in other countries and will be accepted and trusted to be used for payment transactions.
Can't wait to see bitcoin being legalized in majority of the countries and used it on a daily basis like for buying stuffs, eating in the restaurants, buying clothes on the mall using bitcoin or other forms of crypto currencies and the fees lower than before.
You're one of the few people that's taking a reasonable approach here. I too could see bitcoin still go x3, hell maybe x5. I think 50K would be the ATH, any higher wouls turn too many people into millionaires and billionaires, we'd see a massive new wealth distribution comparable to the slumbs of brazil, where multimillion appartement blocks are looking out directly over the favelas just a couple of yards a way.
But if the price of bitcoin will multiple a lot of times within five years the fees on the crypto currency exchanges will be a pain in the butt if it is still ranging from 0.001 to 0.002 satoshi per transaction of Bitcoin. Anyways, I think those exchanges will lower their fees if the price of bitcoin will go sky rocketing within the years.
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