Bitcoin 100k in 10 years

Bitcoin Price Predictions: 2018 could be the best year for the Bitcoin -BTC News Today -Sun May 06

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Ronnie Moas just went to the amazing bad crypto podcast. This is a great bitcoin 100k in 10 years, and I strongly recommend listening to it. He was the first analyst to predict the commodity bull run in One very question he ask is would you risk a few months of salary to potentially make a x return and retire 5 years earlier?

If crypto is here to stay, then missing on a 10xx gain is a once in a generation opportunity just like investing in Amazon inApple in or investing in the stock market in The rational being this is the following.

He believes bitcoin or a crypto will be the 1st currency in market cap in 10 years. Today it is around the He bitcoin 100k in 10 years it will surpass the chinese currency or gold both at 7. He likes to compare when internet went from 1m bitcoin 100k in 10 years to 10m.

What's unique about bitcoin is that it's the first time a new asset class is open to the general public in a decentralized fashion. Mom and Pop have been able to invest in crypto since the beginning assuming you're smart enough to understand it and capture the share of the profits.

Wall Street also bitcoin 100k in 10 years to keep all the profit for themselves. Now Bitcoin is the first one where Wall Street is still trying to figure out what is going on but don't worry, they are already jumping in to take their share of the profit. He also compares bitcoin to price of Amazon. Analysts and traders have been trying to short this stock for the last 15 years, without much success. Traders will come over and try to make the price of bitcoin crash and build positions just like they did for Amazon with little avail.

Charts will not work here. You should just buy and hold forever. Wait until you have M people wanting to buy some. Will Bitcoin replace Gold? There are a few disavantages with gold: You need to pay to store gold. You don't know how much gold total there is in the ground. You can't use gold to make transaction without converting to USD you can't easily divide gold. Any conversion means there is a banker in the middle maknig a lot of money.

You can't do anything with the gold there is no utility value except for some semiconductor processes. First time in history a new asset class driven by retail investor What's unique about bitcoin is that it's the first time a new asset class is open to the general public in a bitcoin 100k in 10 years fashion.

If you have 30minutes, I strongly suggest you listen to the full interview. If you like to support us, please donate:

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