I predict that bitcoin will be around $213K in 5 years based on projected global M2 supply (based on 5% growth), Max # of Bitcoins in circulation, and projected 5% market penetration. Let me know what you think.
I predict that bitcoin will be around $213K in 5 years based on projected global M2 supply (based on 5% growth), Max # of Bitcoins in circulation, and projected 5% market penetration. Let me know what you think.
when we talk about future evaluations - do we mean "in future USD"? It would make more sense to say "a bitcoin will be worth 213k in today's USD worth" for comparison.
you are correct. In USD.
You didn't explain your theory for why 5% market penetration. Sounds small but is actually gargantuan. No expectation of regulatory crackdown on a dollar competitor?