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Author Topic: Greg Foss : How Bitcoin could get to $2 Million per coin  (Read 91 times)
Thavash (OP)
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July 30, 2021, 08:02:44 PM
 #1

Hi

Interview with Greg Foss where he talks about the Global Asset market and how he got to a $2M per coin valuation : https://youtu.be/rI6J-tEjbew

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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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July 30, 2021, 10:08:26 PM
 #2

Based on pure speculation, and there isn't really anything of substance to his claims, except his own personal valuation. This probably shouldn't be considered a positive or negative to anyone looking at this, and thinking about investing. In fact, it probably shouldn't be factored into your willingness to invest at all. There's probably an equal amount of people, and so called experts calling for the demise of Bitcoin, as there is for people making ludicrous predictions.
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July 31, 2021, 04:40:47 AM
 #3

nothing is certain from the interview because it is only speculative and talks about observations made by himself and that is just an ordinary opinion.
but this is very good for us to look at because things like this we are between believing or not, because believing too much in this is not a good thing to do and not believing is also not recommended.
  Be neutral and make observations with this too because it is important so that you don't miss out if the statement he gives is true and don't regret if the statement he gives is wrong.

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July 31, 2021, 06:30:35 AM
 #4

Speculations are speculations and can be right or wrong..Most of them are wrong. Additionally, speculations should be given with time. Speculations can be always right if no time is given. Bitcoin will hit $10000. I can say it ten years ago but I don't know when it will happen.

If Bitcoin won't die, if it still exists next twenty to thirty years, $2 M will be reached.

If you have 10 Bitcoin, and want to sell it. Let sell 9 Bitcoin and reserve 1 Bitcoin for $2M. I meant if you want to sell your Bitcoin, let sell 90% of it, and reserve 10% for many years later.

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July 31, 2021, 07:09:12 AM
 #5


If Bitcoin won't die, if it still exists next twenty to thirty years, $2 M will be reached.


I am pretty sure that Bitcoin won't die as it is already the biggest invention and revolution of our century.It is still in the beginning stages being created only in 2009 which means it is only 12 years old and in this 12 years its market share has only grow,a lot of persons now own at least a fraction of it.As such I can assure that Bitcoin will be with us forever,the only way Bitcoin can cease to exist is if  the Internet goes down and cease to exist,pretty impossible scenarios if you ask me.May be it will not reach 2 million dollars but one sure thing is by 2025 we will have at least 250.000 dollars for a Bitcoin.

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July 31, 2021, 07:19:36 AM
 #6

I'm pretty sure these predictions are created to encourage retail investors to fomo, while the big boys dump a lot of money on them. It's the same old trick, but sadly many still fall for it. Not saying it won't happen, but saying we can reach $1m before we break $100k is a bit premature.

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