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comment by wasoxygen
wasoxygen  ·  899 days ago  ·  link  ·    ·  parent  ·  post: What will the price of Bitcoin be one year from today?

The transactions chart tells a good story, but it doesn't bring the word "skyrocket" to mind. I think the chance of a US$1000 bitcoin will be much stronger in ten years.




mk  ·  899 days ago  ·  link  ·  

Yes, the currency/asset only offers some improvements, along with some drawbacks. IMO it's the blockchain ledger that comprises the revolutionary technological advance. Ultimately, I think the value will derive from the fact that so much information depends upon those tokens. That said, there may eventually be an alternative to mining to secure it, but I have no idea what that could be.