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RE: CEO Morgan Creek: Bitcoin will easily rise to the range of $50,000 to 100,000 by 2021

in #bitcoinprice100k • 5 years ago

Dear @eyeris

When I think about the growth of the network in the context of Metcalfe law, I find that the price can easily be between $50,000 and $100,000 somewhere in 2020 or 2021.

Somehow I cannot see it happening. There is not enough trust, wounds are to fresh after 2018, ICO are quite dead, regulations are still a mess.

So called "true value" is nothing more than what we believe that BTC is worth. And 50-100$k usd in 2-3 years seem to me to be more a fairy-tale wish than real value.

Yours
Piotr

5 years ago in #bitcoinprice100k by
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