The real Price of the Coin
I Think one of the biggest misunderstanding is, that people believe BTC was created to raise on value very fast. But actually it was designed to save your value, if you compare it against FIAT money. You can already see, that the margin between high and low gets smaller with every Circle.
So will we see a 120k chart again anytime soon or even a 200k, 500k chart? If the inflation raises like hell there is a chance. Is it Likely? No. Will it drop to under 1k? If some kind of AI cracks the key or there is a mayor security issue there is a chance. Ist it Likely? No. In my opinion, in the next Years, theres a good chance, we will see, whats the real price of BTC wich will be just adjusted by inflation rate. Wich number will it be? Nobody knows.
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from Bitcoin - The Currency of the Internet https://ift.tt/C7DimIs
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