RE: Bitcoin going to hit 500,000 by 2030?

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Bitcoin going to hit 500,000 by 2030?

in bitcoin •  7 years ago 

If Bitcoin becomes the default store of value similar to gold, the numbers thrown around arent far off.

The gold market is worth $7.8T. With 21 mllions coins, that would put BTC at $371K per coin. Add in the fact that BTC is easier to use for payments and to transport/store, you can add a premium to the price I just mentioned.

In other words, there is a lot of upside.

bitcoin
7 years ago by

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      ·  7 years ago 

    I wish I had invested earlier

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