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RE: Bitcoin Price Forecast 1/3/2018
I'm in agreement with respect to btc, and the 1 trillion cap coming sooner than later.
I bet BTC makes a major move and we see a reset of some of the alt coin gains. Xrp or ada or xlm could all afford a decent price correction, which would pump into btc.
We are expected to be around $5T by 2020-2022 but that number may be just a low estimate considering how fast the technology is moving. There are a couple hundred TRILLION dollars worth of money and investments out there in the world just waiting to flood into crypto :-D
Precisely.
And if we see, as expected, that bitcoin can remain a trusted store of value, reliable and secure, and perhaps also become meaningfully transactional, wow! Look out! We could really see a 500,000 bitcoin or higher.
But as I see it we need to address scale and remain perfectly secure.