Kung sa philppines peso pwedeng pwede kasi mabilis na din ang pag taas nang bitcoin pero as of now mababa sya pero tataasparin yan dahil madami na ulit ang naghold,at sa presyong usd naman malabo ang 1million dollar dahil napakalaki na neto at syempre hindi pa lahat ng tao ay alam na ang bitcoin siguro after hundred years.
Nope... its not impossible...this will easily go to 500 thousand dollars in 10 years pag nagkaroon ng adoptation and 1 million DOLLARS in 20 years...
Just to enlighten you..
If bitcoin is better than gold then this will be the equation
GOLD market cap(world) 8 TRILLION DOLLARS, and bitcoin will reach that level if not doubled in that 10-20 years time frame.... 8 trillion dollars divided by 16 Million bitcoin equals 500,000 THOUSAND DOLLARS....then you have to add inflation, so the share of cryptocurreny/Bitcoin in asset class has to increase also...
As of now
GLOBAL Gold supply=== 7.7 trillion dollars
GLOBAL MONEY supply = 120 trillion dollars
GLOBAL REal estate=== 270 trillion dollars
GLOBAL Debt ======= 215 Trillion dollars
GlOBAL Derivative market===== 500- trillion to 1 quadrillion
Guys wake up.... bitcoin/Cryptocurrency will go to 1 million DOLLARS because of this, it has a characteristic of GOLD, STOCK and MONEY...
HOWEVER there will be a lot of spike and dips in that time frame.