No that is a valid question actually imo, it has as much chance at going to $1 as it does $10,000 in fact it probably has more chance because let's not forget it has already been at $1 where it has not been anywhere near $10k you see? It has however been to $1200 briefly but what does the graphs say since then?
Uh, that's just really bad logic. Look, if I was driving from San Francisco southward to Los Angeles, do you think I have a higher chance ending up in San Francisco since I've already been at San Fran, but not anywhere near LA yet?
Horrible logic.
That said, I do agree, there's probably a slightly higher chance of reaching... Let's say single digits versus five digits in 2015. Neither is very likely. But say in 10 years, I think the chances of bitcoin reaching either single digits (or lower) or five digits (or higher) is almost 100%. The chances of bitcoin staying in the hundreds is probably as low as bitcoin reaching $10k this year.
Mine was on topic and has perfect logic, we have reached $1000 where have we gone since then? That is right we are on a slippery slope down down down. Why not $1 because you would lose your hopeful future $20k if it reached the 10k which it won't because we are going down baby be happy not sad
in fact it probably has more chance because let's not forget it has already been at $1
Put things in perspective. When that happened bitcoin was only a forum currency for a few nerds.
Now you got hundreds of thousands of stores accepting it, many hundred exchanges, more then 1 thousand ATMs, and many more goods & services.
It has an infrastructure backing it (its always funny when idiots say that BTC is not backed by anything, its backed by its economy).
There is already a mini-subeconomy for bitcoin, and its growing, every single day. To the point that 1 day it will replace the main economy.So your point is not put in perspective.
Please don't just snip one half a sentence for your argument, maybe you put things in perspective (without red writing lol) So we have all this backing and have done for quite some time, why are we not back to the $700 plus area
Why are we still dropping with 'all this backing'?
That is perspective isn't it.
Update... I am not going to continue with this here but am more than happy to speak threw pm with greensox, but the other is ignored.
