Dan Schulman, the chief executive of PayPal said in a recent interview that bitcoin one day could be worth $1,000,000.
That is some exciting news, but if you ask me i just don't see it ever reaching that price. I do, however see Bitcoin reaching at least $100,000 per coin in the future. See, the coin itself in my opinion will always have an almost 'sentimental' type of value to it along with the currency value. Most people have no idea what Cryptocurrency is, but if you mention "Bitcoin", you will normally hear a response something on the lines of "ya, i've heard of that".
I will continue to HODL my Bitcoin along with Alt coins. Apparently there is only about 1% - 2% of the worlds population invested in Crypo. What do you think it will be worth when 85% of the world is invested? How about when some Bitcoins get lost on hard drives, or stored away and forgotten? Supply and demand. Always remember, Crypto is a very volatile market and will rise and fall and rise again. This is a cycle that will probably never end.
Have a great night everybody, have great dreams of GREEN markets.
P.S would love some up votes to fix my Rep please, i apparently got flagged for a comment that a whale did not like.
Thanks Everybody!