Even half of all millionaires invest 1% in Bitcoin, the price will be over 3k.
yeah the op really seems generous to the price and its speculation ! by this thread i think now i can see the bitcoin has clear and bright future
Keep on holding your coins guyzz something big is gone a happen in near future !
His prediction is just a few years too early. It could happen in 3 to 5 years if the bitcoin is used widely.
but for the price of more than $7700 bitcoin needs a lot longer than 3-5 years and also it needs a lot more halving to happen so the reward is small enough.
also the adoption (usage) needs to be so big, as in being used everywhere in the world.
When you are describing what is possible and what is not possible in absolutes, you come off as a bit arbitrary.. .in this regard, you are suggesting that $7,700 is not possible in the next 3-5 years, which is nearly pure baloney.
I would phrase such prediction differently. Whereas, you may have better predicted in terms of a percentage.. less than .0001% chance, whereas, I would suggest the odds are much greater than that... maybe even up to 5%.
One thing everyone needs to consider about bitcoin is that it is a paradigm shifting technology, which means that there have been no other assets or items like it in the past, and accordingly such actuality makes it even more difficult to predict it's upward price potential. Of course there are potential obstacles along the way, and also there are the clearing of obstacles and learning about the technology. Accordingly, since the price was suppressed for about a year (maybe longer), there could be an opposite reaction that explosively counter balances the prior extended price suppression.
Sure, nothing is for sure, but the probabilities are much higher than zero that BTC prices could reach $7,700 within 3-5 years and even sooner is quite possible (at least much higher than zero, as you seem to be asserting without any further justification beyond your mere supposed wisdom-filled proclamation).
