By 2020 btc holders will be filthy rich
2020 is just 4 years away. If the price double every year, it is just 16 times of present value, or $7000 each.
That is not possible at all, we may see maximum price of $700 by the end of this year and if user adoption goes higher in future then price will be around $2k in 2020.
I've read it before today, but it seems to me people are dreaming out aloud. An asset doubling every year, based on what? This is not going to happen, and it's not the goal of bitcoin.
Rather then to hope/dream, invest in your time in 'important' things.
bitcoin has done far crazier things than double every year, and it's not unheard of for tech companies stocks to also gain value at a rate that is even more rapid than doubling in a year.
sure it won't double every year forever, but it will rise very fast at some point if it ever gets mainstream adoption. It will have to, because there is only 21 million bitcoins to divide over more then 7 billion people.
bitcoin has to be outrageously expensive because plain and simple most people won't be able to afford more than a fraction of a bitcoin (about 0.003
BTC is what the average person would be able to afford.)