if this trend continues we will have a price of:
- $1300 @december 2017
- $1800 @december 2018
i could live with that.
edit: but i think there will be another run-up inbetween. but when?
I could live with that too. So many shortsighted bitcoiners don't realize that as a long term investment, bitcoin flat out destroys any 401K, IRA, or mainstream stock vehicle by a long shot. Hell, just using it as a savings investment, at an increase of just +5-10% a year it would do hella better than any fiat savings account. And the great thing is, the bar for entry is extremely low, since you can purchase any small amount down to virtually dust.
And then throw in the occasional bubble and whoa...
At the very least, college kids who have graduated and hampered with student loans should be throwing extra money into bitcoin, so that one day it will help them payoff the remainder of those loans faster.