Bitcoin could pass $100,000 by February 2021; a Harvard academic has said announcing Bitcoin is the first digital currency to follow Moore’s Law.
In emailed comments to Business Insider, investor Dennis Porto said that after analyzing Bitcoin’s performance, it was the “first” currency to follow the digital technology rule.
“Moore's law specifically applied to the number of transistors on a circuit but can be applied to any digital technology," Porto wrote. "Any technology that is growing exponentially (i.e., 'following Moore's law') has a doubling time."
Well, definitely the 5k within this year. I would say even 10k in the next 3-4 years, but unless the economy collapses, I doubt that BTC will reach the 100 000 so soon. If it does, it will only be because the Dollar inflated to apoint where the 100k are only worth 5.
Good point. We live in an exciting time!