I predict that bitcoin will be around $213K in 5 years based on projected global M2 supply (based on 5% growth), Max # of Bitcoins in circulation, and projected 5% market penetration. Let me know what you think.
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when we talk about future evaluations - do we mean "in future USD"? It would make more sense to say "a bitcoin will be worth 213k in today's USD worth" for comparison.
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you are correct. In USD.
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You didn't explain your theory for why 5% market penetration. Sounds small but is actually gargantuan. No expectation of regulatory crackdown on a dollar competitor?
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