Bitcoin $100,000. Moore's Law

in bitcoin •  7 years ago  (edited)

Bitcoin can get to $100,000 if it keeps following one of tech's golden rules

By: Frank Chaparro

http://www.businessinsider.com/bitcoin-price-and-moores-law-2017-8

An excellent article

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Good article uzdc

When, and I say WHEN a blockchain based coin gains mass adoption and takes over the role as the world reserve currency we will see prices in that region. Bitcoin is probably in pole position for that role right now, but we have better alternatives already so Bitcoin needs to improve over time.

@ronni

totally agree

Moore's law was a fun name for a trend observed in microprocessors

first of all - its not a rule set in stone as it ended for microprocessors as we began to reach the limit of how many transistors we can pack into silicon

secondly - I do not see how the microprocessor market correlates with the price bitcoin, the similarities presented in this article are pure hype buzzwords

the housing market also once grow exponentially, so what?