RE: The majority of people don't actually think Bitcoin will hit $100k by the end of 2021 by jrcornel
Viewing a response to: @jrcornel/the-majority-of-people-don-t-actually-think-bitcoin-will-hit-usd100k-by-the-end-of-2021
hive-167922·@denmarkguy·
0.000 HBDWhenever this discussion arises — *what's BTC going to rise to?* — I find myself backing up and pondering the fact that we start talking about an asset rising 10-fold (or more) in value. But to what extent is that a *realistic* consideration for an asset that — at the same time — gets tossed into the *hedge* and *store of value* category, like precious metals. There isn't much talk about *"gold is going to go to $500,000 by the end of 2021!"* Forgetting finances, lambo dreams and insane runups on various tokens in the past... can we *really* reconcile *"store of value"* with wild price fluctuations? Or are we looking for BTC to do something that's contextually dubious?