RE: $8Million per BTC ?
Some may scoff at this but there’s no doubt in my mind we will see BTC go higher than this at some point in time . Sky is truly the limit :
” Best-selling finance author, managing director of Formula Capital and one of the top 10 influencers on LinkedIn, James Altucher, says he still believes Bitcoin can hit $1 million – and $8 million per BTC is not out of the question.
Altucher, who once predicted Bitcoin would hit $1 million by 2020, told The Street he’s adjusted his timeline.
“How much paper currency is out there? It’s about $200 trillion dollars out in the world, and there is only about $200 billion dollars of cryptocurrency. So that is 100,000% from here.
So that could give Bitcoin a price of $8 million dollars, so $1 million dollars is even a discount to where bitcoin could eventually go. When it gets there, who knows.” ”
There really is no limit to where Bitcoin will go, we’re in very early days and people will laugh in years to come that the prices was ever in these digits.