[uncensored-r/Bitcoin] Bitcoin value projection up to 2024 - $1,000,000 before that ?
The following post by Experience111 is being replicated because the post has been silently greylisted. The original post can be found(in censored form) at this link: np.reddit.com/ Bitcoin/comments/7bn3vs The original post's content was as follows:
"In our view, Bitcoin’s clear value proposition will keep gaining traction and growth until it matures into a normal commodity of the 21st century. This is unless some black swan (such as a serious bug or a very large scale hack) cause the Bitcoin project to fail."
Hey everyone, I'm trying to learn more about Bitcoin's relationship with the US dollar and wanted to know more about what Bitcoin's future value means. If I'm not mistaken, Bitcoin is projected to rise 100k+ somewhere over the course of 2021-2022 due to the 21 million limit increasing demand, quantitative easing, among other factors. How will that affect the prices of goods and services? Is this rise more dependent on the increasing demand for Bitcoin or the inflation of the dollar? I have only recently started learning about Bitcoin so I might not be considering other factors but I appreciate any information regarding Bitcoin's relationship with the dollar after 2021. Thank you.
"In our view, Bitcoin’s clear value proposition will keep gaining traction and growth until it matures into a normal commodity of the 21st century. This is unless some black swan (such as a serious bug or a very large scale hack) cause the Bitcoin project to fail." (x-post from /r/Bitcoin)
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08-22 10:25 - 'I recommend looking up projects that catch your interest and that you believe in. Bitcoin is the biggest in terms of face value and name recognition. That doesn’t mean there aren’t others that won’t take its lead based...' by /u/2035xInfinity removed from /r/Bitcoin within 513-523min
''' I recommend looking up projects that catch your interest and that you believe in. Bitcoin is the biggest in terms of face value and name recognition. That doesn’t mean there aren’t others that won’t take its lead based on the technology being implemented. Cryptomarketcap or coingecko are good starting places to see what the top 100 projects are in the space currently. Happy Hodling ''' Context Link Go1dfish undelete link unreddit undelete link Author: 2035xInfinity
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