@jazminmillion I know I will own a Bitcoin but so many people never will. It is interesting to ponder what one Bitcoin will be worth next year or even two years from now......
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@jazminmillion I know I will own a Bitcoin but so many people never will. It is interesting to ponder what one Bitcoin will be worth next year or even two years from now......
If you know exactly how much money will be invested into bitcoin (net of sales) by existing and new users, you can work out the future price. The answers is in this equation: money/650’000.
The latter figure (650’000) corresponds to the newly mined supply.
As far as the figure for “money” is concerned, you can take last year’s new money, or October’s new money times 12, or you can you compound compounding based on any previous period, - of one month, three months, one year.
Whatever of the above methodologies you use, you will like the result.
See my blogs for the answers.
Ty for the time to mention that stuff, very helpful swissclive, im going to follow you !
for sure!