At some point Bitcoin will be worth so much that when people sneeze, big chunk of value of USD will go poof and that makes value of Bitcoin against USD will go way past moon...
I was looking at BTC-EUR exchange rates on some exchanges and 1 Bitcoin was worth more in EUR than whole market cap of Bitcoin in USD. People don't trade that much BTC against EUR so the exchange rate doesn't normalize.
At some point Bitcoin will be worth so much that when people sneeze, big chunk of value of USD will go poof and that makes value of Bitcoin against USD will go way past moon...
I was looking at BTC-EUR exchange rates on some exchanges and 1 Bitcoin was worth more in EUR than whole market cap of Bitcoin in USD. People don't trade that much BTC against EUR so the exchange rate doesn't normalize.