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Money Systems, Investing, Crypto
Investing, Personal Finance
Bitcoin / Cryptocurrency Discussion (And Predictions)
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<blockquote data-quote="mike24601" data-source="post: 651482" data-attributes="member: 47278"><p>I look at the huge jumps in crypto almost like the birth of a star. It's the birth of a new economy, and part of all new economies is a period of rapid inflation with corrections all along the way until the cracks get filled out. $7,000 may just be getting started for BTC...perhaps $150,000 per coin isn't too far off 15 years from now as we reach the finite circulation limit. I'm leaning more towards alt-coins like Ether and Litecoin because I believe they will win at the end of the day by nature of their improvements on Bitcoin's deprecated technology. They're still cheap so a very modest investment can make you a mint later down the road.</p><p></p><p>But even if Bitcoin reaches levels that make buying whole coins unreachable for the average person, there will still be good returns to make trading at the decimal level.</p></blockquote><p></p>
[QUOTE="mike24601, post: 651482, member: 47278"] I look at the huge jumps in crypto almost like the birth of a star. It's the birth of a new economy, and part of all new economies is a period of rapid inflation with corrections all along the way until the cracks get filled out. $7,000 may just be getting started for BTC...perhaps $150,000 per coin isn't too far off 15 years from now as we reach the finite circulation limit. I'm leaning more towards alt-coins like Ether and Litecoin because I believe they will win at the end of the day by nature of their improvements on Bitcoin's deprecated technology. They're still cheap so a very modest investment can make you a mint later down the road. But even if Bitcoin reaches levels that make buying whole coins unreachable for the average person, there will still be good returns to make trading at the decimal level. [/QUOTE]
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Money Systems, Investing, Crypto
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Bitcoin / Cryptocurrency Discussion (And Predictions)
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