@binance
Makes you think.
And 0.269% of the global population is the theoretical maximum. I can personally guarantee there won't be 21M people able to own a whole bitcoin.
On the other hand there is probably at least 50% of the world population that will never own $9k either.
Well 10 years after from now the scenario may not be the same. May be this will be true for 0.1 BTC and then more 10 years after then we may have the same scenario for 0.01 BTC
I mean, after 10 years from now 0.1 BTC may worth $9k (shit fiat) and more 10 years after 0.01 BTC may worth $9k.
You may be correct that it could take 10 years to 10x and then another 10 years to 10x again, but really those two time frames seem like a long time in bitcoinlandia.. even though you might be right..
Furthermore, we might have ups and downs that cause $9k today to be a sort of bottom.. even if we go up and we go down, but $9k is a kind of bouncing off price for today's thinking about the price of bitcoin.
Like your comment implies, something similar might be true 10 years from now (so around 2030), where BTC prices bounce all over, but $90k starts to seem like a bottom for all intents and purpose... and then 10 years later, around 2040.. $900k starts to seem like a kind of bottom for all intents and purposes around those 2040 times.
Looking backwards, it is going to be more clear where we have been, but looking forward, seems like a lot of fantasizing going on, even though many of us believe that there are decent foundations in place that cause what seems to be fantastical to end up playing out...
My clairvoyant abilities are less strong, besides 2040ies look like too far a target time-wise.
Can bitcoin hurry up and "deliver" in the next, say, 1-5 years?
I would be completely satisfied if we reach 100-150K during this time period and stay there longer than 24hr.
May I ask for 2 weeks, kind sir/ma'am?
I am afraid, too, that 2040, is likely not going to do me very much good in the event that I am both still alive an sufficiently mobile.
I am personally not going to be waiting for $50k, $100k or $150k prices to begin to start to liquidate BTC at whatever BTC price at about 1% of the value of my stash so long as the BTC price is at least more than $5k... but I will likely wait at least a couple more years before I start to implement such liquidation approach..... and like mindrust mentioned, its NOT like there is anything much to spend BTC on these days anyhow, so I can just continue to spend various fiat related resources in the coming couple of years..
And, as d_eddie recently said (long time no see), "we will see, we will see."
Of course, as many of us already know, for cashing out purposes, the higher the BTC price, the better, but I am not even thinking that it will make too much difference in terms of my own quarterly 1% cashing out rate, once it actually starts to happen... sure maybe I will try to skim a bit higher amounts on greater price rises, in the even some kind of BTC price rises come in the next few years and way out perform bitcoingirlclub's scenario of 10x per each of the next 10 years.
Please, don't. I am sick of it.
Back above $9,050 already, feeling better?
I think that I am going to vomit.
Poll
