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RE: These Bitcoin Predictions and What Backs Them Up
It awesome to think that we are still in the infancy of crypto currency. I tend to agree with you when you really look into the limited number of coins, and even more so, the much smaller number of coins actually being traded and not stashed by longterm investors. Some people say it's too late to get into Bitcoin and although, if you're just entering the market, you missed a crazy run but even if it double over the next 5 years to 10,000. Doubling an investment in 5 years is an incredible return. I think too many people try and jump on ICOs or penny coins hoping for crazy exponential gains. Thanks for a great read and your perspective on the future of Bitcoin.
Exactly which I think some people look at it as ahhh thats not much since they are use to massive gains of like 1000% lol which still does happen from time to time. But honestly a 3% - 10% gain is doing VERY well in the stock market. As of right now you can pretty much see those returns in a few months time and in some cases even over night.